1545 NW 85th St
Miami, FL 33147 · single_family · Pending — under contract · 310 days on market
Asking price$550,000
4 beds 3 baths 1,066 sqft
Suggested offer$389,932$160,068 above the est. market value of $389,932.
View on Realtor.com →Listed by Daniel Rivero · Miami Premier Realty
Typesingle_family
Built1956
Price / sqft$516
Est. value (own analysis)$389,932
Rent estimate (own analysis)$3,600/mo
HOANone
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Statusfor_sale
Listed date2025-10-27
Removed date—
MLSMiamiMLS #A11903649
Coordinates25.85285, -80.22422
Address1545 NW 85th St
CityMiami
StateFL
Zip33147
Listing ID5205355281
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33147)
Typical home value (ZHVI)$444,132
Typical rent (ZORI)$2,154/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $550,000 |
| Down payment (20.0%) | $110,000 |
| Loan amount | $440,000 |
| Closing costs (5.0%) | $27,500 |
| Total cash to close | $137,500 |
| Income | |
| Rent (comp-derived) | $3,600$43,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,312$39,744 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $871$10,450 |
| Insurance (placeholder 0.8% of price) | $367$4,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $180$2,160 |
| Total operating expenses | $1,418$17,010 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $180$2,160 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 3 | 1,680 | $4,000 | 2026-05-20 | — | |
| single_family | 4 | 2 | 1,420 | $900 | 2026-05-08 | — | |
| single_family | 4 | 3 | — | $3,500 | — | — | |
| single_family | 4 | 2 | 2,000 | $3,300 | — | — | |
| single_family | 4 | 3 | 2,223 | $3,800 | — | — | |
| single_family | 4 | 2 | — | $3,700 | 2026-08-31 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 3560 NW 95th St | single_family | 4 | 2 | — | $520,000 | 2026-08-31 |
| 1369 NW 68th Ter | single_family | 4 | 2 | — | $485,000 | 2026-08-26 |
| 1535 NW 85th St | single_family | 4 | 2 | 1,287 | $490,000 | 2026-08-11 |
| 3520 NW 99th St | single_family | 4 | 2 | 1,202 | $529,000 | 2026-07-28 |
| 1945 NW 86th St | single_family | 4 | 2 | 1,055 | $395,000 | 2026-07-27 |
| 3169 NW 102nd St | single_family | 4 | 3 | 1,638 | $594,000 | 2026-07-09 |
| 1375 NW 77th St | single_family | 4 | 2 | 1,221 | $475,000 | 2026-06-30 |
| 7128 NW 20th Ave | single_family | 4 | 2 | 1,267 | $499,997 | 2026-06-30 |
| 1360 NW 77th St | single_family | 4 | 3 | 1,120 | $520,000 | 2026-06-30 |
| 10420 NW 35th Pl | single_family | 4 | 3 | 1,868 | $350,000 | 2026-06-29 |
| 1424 NW 69th St | single_family | 4 | 3 | 1,428 | $480,000 | 2026-06-26 |
| 3155 NW 81st Ter | single_family | 4 | 2 | 1,552 | $530,000 | 2026-06-23 |
| 1366 NW 75th St | single_family | 4 | 3 | 1,416 | $540,000 | 2026-06-22 |
| 2346 NW 81st Ter | single_family | 4 | 2 | 1,655 | $590,000 | 2026-06-10 |
| 3011 NW 69th Ter | single_family | 4 | 2 | 1,482 | $520,000 | 2026-05-29 |
| 3201 NW 83rd St | single_family | 4 | 2 | 1,243 | $470,000 | 2026-05-21 |
| 2158 NW 100th St | single_family | 4 | 2 | 1,482 | $460,000 | 2026-05-18 |
| 2441 NW 98th St | single_family | 4 | 2 | 1,342 | $539,000 | 2026-05-15 |
| 6965 NW 21st Ct | single_family | 4 | 2 | 1,341 | $539,900 | 2026-05-15 |
| 1231 NW 88th St | single_family | 4 | 4 | 2,646 | $700,000 | 2026-05-08 |
| 2479 NW 96th St | single_family | 4 | 2 | 1,168 | $265,000 | 2026-05-06 |
| 6351 NW 31st Ct | single_family | 4 | 2 | 1,492 | $295,608 | 2026-05-05 |
| 8747 NW 36th Ave | single_family | 4 | 2 | 1,235 | $580,000 | 2026-04-22 |
| 1735 NW 69th St | single_family | 4 | 2 | 1,260 | $437,000 | 2026-04-20 |
| 1568 NW 68th St | single_family | 4 | 3 | — | $570,000 | 2026-04-17 |
| 2317 NW 87th St | single_family | 4 | 3 | 2,017 | $590,000 | 2026-04-15 |
| 2365 NW 68th St | single_family | 4 | 2 | 1,200 | $430,000 | 2026-04-03 |
| 3535 NW 82nd St | single_family | 4 | 2 | — | $500,000 | 2026-03-31 |
| 6800 NW 28th Ave | single_family | 4 | 4 | 1,587 | $585,000 | 2026-03-16 |
| 2359 NW 64th St | single_family | 4 | 3 | — | $587,000 | 2026-03-13 |
| 9315 NW 35th Ct | single_family | 4 | 2 | 1,250 | $495,000 | 2026-03-05 |
| 9110 Broad Manor Rd | single_family | 4 | 2 | 1,383 | $575,000 | 2026-03-04 |
| 3150 NW 90th St | single_family | 4 | 3 | 1,350 | $490,000 | 2026-02-27 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2512 NW 68th St | multi_family | 4 | 2 | 1,560 | $699,000 | — |
| 1760 NW 84th St | single_family | 4 | 2 | 1,180 | $575,000 | — |
| 3520 NW 79th St | mobile | 4 | 3 | 1,578 | $54,500 | — |
| 2950 NW 93rd St | single_family | 4 | 3 | 1,850 | $695,000 | — |
| 3168 NW 66th St | single_family | 4 | 1 | 940 | $329,000 | — |
| 2118 NW 86th St | single_family | 4 | 2 | 749 | $650,000 | — |
| 3265 NW 80th Ter | single_family | 4 | 2 | 1,728 | $545,000 | — |
| 10401 NW 33rd Ave | single_family | 4 | 4 | 1,972 | $670,000 | — |
10-year hold projection
IRR3.8%
Equity multiple1.61x
Total return (10yr)$156,199
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $566,500 | $22,734 | -$13,357 | $435,229 | $131,271 |
| 2 | $583,495 | $23,501 | -$12,644 | $430,131 | $153,364 |
| 3 | $601,000 | $24,293 | -$11,907 | $424,683 | $176,317 |
| 4 | $619,030 | $25,111 | -$11,145 | $418,860 | $200,169 |
| 5 | $637,601 | $25,956 | -$10,359 | $412,638 | $224,963 |
| 6 | $656,729 | $26,829 | -$9,546 | $405,989 | $250,740 |
| 7 | $676,431 | $27,730 | -$8,706 | $398,882 | $277,548 |
| 8 | $696,724 | $28,661 | -$7,838 | $391,288 | $305,435 |
| 9 | $717,625 | $29,621 | -$6,941 | $383,173 | $334,453 |
| 10 | $739,154 | $30,614 | -$6,015 | $374,500 | $364,654 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.