295 NE 55th St
Miami, FL 33137 · multi_family · For Sale · 91 days on market
Asking price$895,000
7 beds 4 baths 2,163 sqft
Suggested offer$815,451$79,549 above the est. market value of $815,451.
View on Realtor.com →Listed by Camilo De La Cruz Perez · Home Sold Realty LLC
Typemulti_family
Built1925
Price / sqft$414
Est. value (own analysis)$815,451
Rent estimate (building total, own analysis)$9,892/mo
HOANone
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Statusfor_sale
Listed date2026-06-03
Removed date—
MLSBeachesMLS #B26036312
Coordinates25.82629, -80.18999
Address295 NE 55th St
CityMiami
StateFL
Zip33137
Listing ID5218630791
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33137)
Typical home value (ZHVI)$682,165
Typical rent (ZORI)$3,560/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 | $895,000 |
| Down payment (20.0%) | $179,000 |
| Loan amount | $716,000 |
| Closing costs (5.0%) | $44,750 |
| Total cash to close | $223,750 |
| Income | |
| Rent (estimate) | $9,892$118,703 |
| Vacancy loss (8.0%) | |
| Effective gross income | $9,101$109,207 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,417$17,005 |
| Insurance (placeholder 0.8% of price) | $597$7,160 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $495$5,935 |
| Total operating expenses | $2,508$30,100 |
| 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) | $495$5,935 |
| 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.
No active rental listings cached yet for this bedroom count.
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 481 NE 61st St | multi_family | — | — | 4,575 | $575,000 | 2026-08-27 |
| 370 NE 55th St | multi_family | — | — | 1,784 | $500,000 | 2026-08-17 |
| 401 NE 22nd St | multi_family | 9 | 4 | 8,556 | $4,375,000 | 2026-07-23 |
| 35 NE 53rd St | multi_family | 6 | 2 | 1,978 | $625,000 | 2026-06-18 |
| 661 NE 61st St | multi_family | — | — | 3,868 | $1,500,000 | 2026-06-17 |
| 614 NE 27th St | multi_family | 4 | 2 | 2,792 | $43,131,000 | 2026-06-16 |
| 35 NE 59th St Apt 1 | multi_family | 4 | 4 | 3,704 | $945,000 | 2026-05-28 |
| 45 NE 60th St | multi_family | — | — | 1,460 | $579,500 | 2026-05-15 |
| 5603 NE Miami Ct | multi_family | 4 | 4 | 2,300 | $773,400 | 2026-05-04 |
| 5641 NE Miami Ct | multi_family | 4 | 2 | 1,519 | $530,000 | 2026-05-04 |
| 2 NE 56th St | multi_family | 4 | 4 | 2,112 | $773,400 | 2026-05-04 |
| 294 NE 57th St | multi_family | — | — | 1,366 | $539,000 | 2026-05-04 |
| 5900 NE 4th Ct | multi_family | — | — | 2,835 | $1,150,000 | 2026-04-10 |
| 7 NE 50th St | multi_family | — | — | 1,300 | $836,256 | 2026-03-25 |
| 135 NE 45th St | multi_family | 2 | 1 | 2,779 | $3,000,000 | 2026-03-03 |
| 5500 NE Miami Ct | multi_family | 6 | 1 | 2,982 | $801,000 | 2026-02-05 |
| 700 NE 61st St | multi_family | 7 | 7 | 5,497 | $16,500,000 | 2025-12-29 |
| 19 NE 48th St | multi_family | 4 | 2 | 2,224 | $1,270,000 | 2025-12-26 |
| 119 NE 56th St | multi_family | — | — | 2,300 | $835,000 | 2025-12-22 |
| 121 NE 46th St | multi_family | 4 | 1 | 2,520 | $700,000 | 2025-12-05 |
| 329 NE 58th St | multi_family | — | — | 1,558 | $429,000 | 2025-12-01 |
| 58 NE 44th St | multi_family | 5 | 2 | 3,117 | $2,900,000 | 2025-11-14 |
| 161 NE 58th St | multi_family | — | — | — | $245,000 | 2025-09-25 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 5204 N Miami Ave | multi_family | 7 | 4 | 2,943 | $1,850,000 | — |
| multi_family | 7 | 4 | 3,931 | $775,000 | — | |
| 2283 NW 35th St | multi_family | 7 | 4 | 2,700 | $765,000 | — |
| 1256 NE 110th Ter | multi_family | 7 | 5 | 1,946 | $1,450,000 | — |
| 300 Biscayne Blvd Way Apt 6301 | condos | 7 | 14 | 19,868 | $75,000,000 | — |
| 2215 NW 33rd St | multi_family | 7 | 3 | 2,399 | $835,000 | — |
| 234 NW 32nd Ave | multi_family | 7 | 3 | 2,128 | $985,000 | — |
| 905 Belle Meade Island Dr | single_family | 7 | 9 | 8,600 | $29,000,000 | — |
10-year hold projection
IRR17.5%
Equity multiple3.65x
Total return (10yr)$710,463
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $921,850 | $79,107 | $17,957 | $708,237 | $213,613 |
| 2 | $949,506 | $81,630 | $20,332 | $699,941 | $249,565 |
| 3 | $977,991 | $84,234 | $22,783 | $691,075 | $286,916 |
| 4 | $1,007,330 | $86,919 | $25,313 | $681,600 | $325,730 |
| 5 | $1,037,550 | $89,688 | $27,922 | $671,475 | $366,075 |
| 6 | $1,068,677 | $92,545 | $30,615 | $660,654 | $408,022 |
| 7 | $1,100,737 | $95,492 | $33,394 | $649,091 | $451,646 |
| 8 | $1,133,759 | $98,531 | $36,261 | $636,733 | $497,026 |
| 9 | $1,167,772 | $101,666 | $39,220 | $623,527 | $544,245 |
| 10 | $1,202,805 | $104,899 | $42,272 | $609,413 | $593,392 |
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.