801 S Miami Ave Ph 5702

Miami, FL 33130 · condos · For Sale · 119 days on market
Asking price$2,999,999
3 beds 3 baths 2,179 sqft
Suggested offer$1,329,386$1,670,613 above the est. market value of $1,329,386.
View on Realtor.com →
Listed by Dean Ismajli · Ancona Real Estate Inc
Typecondos
Built2018
Price / sqft$1377
Est. value (own analysis)$1,329,386
Rent estimate (own analysis)$8,500/mo
HOA$1,819/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-06
Removed date
MLSMiamiMLS #A12013900
Coordinates25.76608, -80.19291
Address801 S Miami Ave Ph 5702
CityMiami
StateFL
Zip33130
Listing ID5246977179
Sourceus-real-estate-listings, cached 2026-08-29

ZIP market snapshot (33130)

Typical home value (ZHVI)$515,336
Typical rent (ZORI)$3,262/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)

Purchase price$2,999,999
Down payment (20.0%)$600,000
Loan amount$2,399,999
Closing costs (5.0%)$150,000
Total cash to close$750,000
Rent (comp-derived)$8,500$102,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$102,000
Vacancy rate (assumption) assumption8.0%

$102,000 × 8.0% = $8,160

Effective gross income$7,820$93,840
Property tax (placeholder 1.9% of price)$4,750$57,000
Insurance (placeholder 0.8% of price)$2,000$24,000
HOA dues$1,819$21,828
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$425$5,100
Total operating expenses$8,994$107,928
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$93,840
Total operating expenses derived$107,928

$93,840 − $107,928 = -$14,088

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$2,399,999
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,399,999 amortized at 6.7% over 30 years = $15,423/mo

CapEx reserve (5.0% of GSR)$425$5,100
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived-$14,088
Annual debt service derived$185,076
Annual CapEx reserve assumption$5,100
Annual PMI assumption$0

(-$14,088 − $185,076 − $5,100 − $0) ÷ 12 = -$17,022

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$14,088
Purchase price data$2,999,999

-$14,088 ÷ $2,999,999 = -0.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$204,264
Total cash to close derived$750,000

-$204,264 ÷ $750,000 = -27.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$14,088
Annual debt service derived$185,076

-$14,088 ÷ $185,076 = -0.08

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$102,000
Purchase price data$2,999,999

($102,000 ÷ 12) ÷ $2,999,999 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,999,999
Gross scheduled rent (annual) comp$102,000

$2,999,999 ÷ $102,000 = 29.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$107,928
Effective gross income derived$93,840

$107,928 ÷ $93,840 = 115.0%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$107,928
Annual debt service derived$185,076
Annual PMI assumption$0
Gross scheduled rent (annual) comp$102,000

($107,928 + $185,076 + $0) ÷ $102,000 = 287.3%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment341,470$7,8002026-08-20
condos341,676$8,9502026-08-20
apartment341,675$9,2002026-08-17
condos331,711$12,7002026-08-11
condos331,711$12,7002026-08-08
condos341,613$10,0002026-08-07
condos331,472$5,5002026-08-06
condos342,289$18,5002026-07-26
condos331,705$8,5002026-07-24
condos331,449$7,8002026-07-24
condos331,711$8,5002026-07-21
condos341,645$8,2502026-07-16
condos341,664$9,2002026-07-12
condos341,613$11,5002026-07-09
condos331,444$8,0002026-07-06
condos342,415$10,0002026-06-30
condos341,645$9,1002026-06-25
condos331,580$5,4002026-06-18
condos331,450$7,7002026-05-30
condos331,486$4,7502026-05-20
apartment321,585$9,2412026-05-07
condos331,450$9,5002026-05-06
condos331,464$6,1002026-08-03
condos331,590$6,6002026-07-30
condos341,691$8,5002026-01-20
condos341,722$11,5002026-04-27
apartment341,615$9,8002026-03-18
condos321,551$5,0002026-08-23
condos331,486$5,0002026-04-22
condos341,613$12,0002026-03-20
condos331,450$7,8502026-03-17
condos342,734$8,500
condos331,771$7,500
condos341,642$10,500
condos331,813$6,800
condos341,470$7,800
apartment321,595$4,7502026-02-19
condos341,664$9,200
condos331,514$7,900
apartment321,585$10,350
apartment321,585$11,200
apartment321,585$12,000
condos331,550$4,2002026-08-29
apartment331,500$4,500
condos331,641$8,5002026-09-02

55 SW 9th St Apt 4409

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,470
Listed2026-08-20
Days on market

Asking rent: $7,800

View on Zillow →

88 SW 7th St Apt 2902

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,676
Listed2026-08-20
Days on market

Asking rent: $8,950

View on Zillow →

88 SW 7th St Apt 3412

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,675
Listed2026-08-17
Days on market

Asking rent: $9,200

View on Zillow →

1300 S Miami Ave

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,711
Listed2026-08-11
Days on market

Asking rent: $12,700

View on Zillow →

1300 S Miami Ave Unit 5110

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,711
Listed2026-08-08
Days on market

Asking rent: $12,700

View on Zillow →

801 S Miami Ave Unit 3101

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,613
Listed2026-08-07
Days on market

Asking rent: $10,000

View on Zillow →

60 SW 13th St Apt 3424

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,472
Listed2026-08-06
Days on market

Asking rent: $5,500

View on Zillow →

92 SW 3rd St Apt 5204

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,289
Listed2026-07-26
Days on market

Asking rent: $18,500

View on Zillow →

801 S Miami Ave Unit 1102

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,705
Listed2026-07-24
Days on market

Asking rent: $8,500

View on Zillow →

801 S Miami Ave Unit 4709

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,449
Listed2026-07-24
Days on market

Asking rent: $7,800

View on Zillow →

1300 S Miami Ave Unit 4910

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,711
Listed2026-07-21
Days on market

Asking rent: $8,500

View on Zillow →

88 SW 7th St Apt 712

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,645
Listed2026-07-16
Days on market

Asking rent: $8,250

View on Zillow →

88 SW 7th St Apt 2712

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,664
Listed2026-07-12
Days on market

Asking rent: $9,200

View on Zillow →

801 S Miami Ave Unit 2601

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,613
Listed2026-07-09
Days on market

Asking rent: $11,500

View on Zillow →

801 S Miami Ave Unit 5309

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,444
Listed2026-07-06
Days on market

Asking rent: $8,000

View on Zillow →

60 SW 13th St Apt 3200

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,415
Listed2026-06-30
Days on market

Asking rent: $10,000

View on Zillow →

88 SW 7th St Apt 1212

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,645
Listed2026-06-25
Days on market

Asking rent: $9,100

View on Zillow →

92 SW 3rd St Apt 503

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,580
Listed2026-06-18
Days on market

Asking rent: $5,400

View on Zillow →

801 S Miami Ave Unit 2909

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,450
Listed2026-05-30
Days on market

Asking rent: $7,700

View on Zillow →

185 SW 7th St Apt 1611

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,486
Listed2026-05-20
Days on market

Asking rent: $4,750

View on Zillow →

275 SW 6th St Apt 5308

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,585
Listed2026-05-07
Days on market

Asking rent: $9,241

View on Zillow →

801 S Miami Ave Unit 3109

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,450
Listed2026-05-06
Days on market

Asking rent: $9,500

View on Zillow →

92 SW 3rd St Apt 708

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,464
Listed2026-08-03
Days on market

Asking rent: $6,100

View on Zillow →

92 SW 3rd St Apt 704

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,590
Listed2026-07-30
Days on market

Asking rent: $6,600

View on Zillow →

88 SW 7th St Apt 3402

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,691
Listed2026-01-20
Days on market

Asking rent: $8,500

View on Zillow →

801 S Miami Ave Unit 4608

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,722
Listed2026-04-27
Days on market

Asking rent: $11,500

View on Zillow →

801 S Miami Ave Unit 4501

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,615
Listed2026-03-18
Days on market

Asking rent: $9,800

View on Zillow →

1250 S Miami Ave Apt 3606

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,551
Listed2026-08-23
Days on market

Asking rent: $5,000

View on Zillow →

185 SW 7th St Apt 1511

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,486
Listed2026-04-22
Days on market

Asking rent: $5,000

View on Zillow →

801 S Miami Ave Unit 4901

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,613
Listed2026-03-20
Days on market

Asking rent: $12,000

View on Zillow →

801 S Miami Ave Unit 1609

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,450
Listed2026-03-17
Days on market

Asking rent: $7,850

View on Zillow →

60 SW 13th St Apt 3800

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,734
Listed
Days on market

Asking rent: $8,500

View on Zillow →

88 SW 7th St Apt 1004

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,771
Listed
Days on market

Asking rent: $7,500

View on Zillow →

88 SW 7th St

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,642
Listed
Days on market

Asking rent: $10,500

View on Zillow →

1111 SW 1st Cu-Mph Ave # 3920N

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,813
Listed
Days on market

Asking rent: $6,800

View on Zillow →

55 SW 9th St # CU4409

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,470
Listed
Days on market

Asking rent: $7,800

View on Zillow →

110 SW 12th Ave

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,595
Listed2026-02-19
Days on market

Asking rent: $4,750

View on Zillow →

88 SW 7th St # CU2712

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,664
Listed
Days on market

Asking rent: $9,200

View on Zillow →

801 S Miami Ave Unit 1704

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,514
Listed
Days on market

Asking rent: $7,900

View on Zillow →

275 SW 6th St Apt 5205

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,585
Listed
Days on market

Asking rent: $10,350

View on Zillow →

275 SW 6th St Apt 5304

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,585
Listed
Days on market

Asking rent: $11,200

View on Zillow →

275 SW 6th St Apt 5408

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,585
Listed
Days on market

Asking rent: $12,000

View on Zillow →

526 SW 2nd St Unit 1

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,550
Listed2026-08-29
Days on market

Asking rent: $4,200

View on Zillow →

526 SW 2nd St

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,500
Listed
Days on market

Asking rent: $4,500

View on Zillow →

92 SW 3rd St Apt 901

Miami, 33130 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,641
Listed2026-09-02
Days on market

Asking rent: $8,500

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
350 S Miami Ave Apt 2401condos321,385$690,0002026-08-18
801 S Miami Ave Unit 2901condos341,613$1,375,0002026-07-31
690 SW 1st Ct Apt 2101condos321,337$700,0002026-07-29
102 SW 6th Ave Apt 508condos321,032$290,0002026-07-24
801 S Miami Ave Unit 5209condos331,445$1,475,0002026-07-16
801 S Miami Ave Unit 4509condos331,452$1,250,0002026-07-13
350 S Miami Ave Apt 1702condos321,385$670,0002026-06-11
88 SW 7th St Apt 2402condos341,676$1,375,0002026-06-09
801 S Miami Ave Unit 3504condos331,334$950,0002026-05-20
185 SW 7th St Apt 2611condos331,486$710,0002026-05-15
88 SW 7th St Apt 3612condos341,675$1,390,0002026-05-15
88 SW 7th St Apt 3212condos341,675$1,450,0002026-05-11
185 SW 7th St Apt 2911condos331,486$760,0002026-05-08
45 SW 9th St Apt 4306condos331,364$985,0002026-04-21
1010 SW 2nd Ave Unit 1703condos331,273$750,0002026-04-08
45 SW 9th St Apt 4606condos331,364$1,072,5002026-04-07
185 SW 7th St Apt 3111condos331,486$740,0002026-03-24
60 SW 13th St Apt 2626condos331,386$715,0002026-01-30
801 S Miami Ave Ph 5704condos342,524$2,800,0002026-01-20
1300 S Miami Ave Unit 4205condos331,281$1,150,0002025-12-19
92 SW 3rd St Apt 905condos331,683$815,0002025-12-17
60 SW 13th St Apt 3026condos331,568$730,0002025-12-09
1010 SW 2nd Ave Unit 504condos341,638$1,010,0002025-12-04
1010 SW 2nd Ave Unit LPH05condos341,421$652,5002025-10-31
1010 SW 2nd Ave Ph 6condos341,458$880,0002025-10-27
88 SW 7th St Apt 3012condos341,664$1,250,0002025-10-21
1250 S Miami Ave Apt 3106condos321,551$755,0002025-09-30
801 S Miami Ave Unit 3301condos341,613$1,490,0002025-09-18

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.

AddressTypeBedsBathsSqftAsking priceDays on market
88 SW 7th St Apt 4202condos352,514$4,999,999
88 SW 7th St Apt 2112condos341,645$1,480,000
801 S Miami Ave Unit 3101condos341,613$1,550,000
60 SW 13th St Apt 4001condos331,289$775,000
60 SW 13th St Apt 3426condos331,386$780,000
199 SW 12th Ave Unit 301Ccondos321,069$375,000
104 SW 9th St Apt 1403condos321,050$485,000
90 SW 3rd St Apt 3504condos331,662$949,000

10-year hold projection

IRR-8.2%
Equity multiple-0.39x
Total return (10yr)-$652,268
YearProperty valueNOICash flowLoan balanceEquity
1$3,089,999-$14,088-$204,264$2,373,978$716,021
2$3,182,699-$13,971-$204,275$2,346,170$836,529
3$3,278,180-$13,837-$204,272$2,316,452$961,728
4$3,376,525-$13,685-$204,254$2,284,693$1,091,832
5$3,477,821-$13,515-$204,220$2,250,754$1,227,067
6$3,582,156-$13,324-$204,171$2,214,484$1,367,672
7$3,689,620-$13,113-$204,104$2,175,723$1,513,898
8$3,800,309-$12,881-$204,020$2,134,300$1,666,009
9$3,914,318-$12,626-$203,916$2,090,033$1,824,285
10$4,031,748-$12,347-$203,793$2,042,726$1,989,022
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.