759 S Biscayne River Dr
Miami, FL 33169 · multi_family · For Sale · 5 days on market
Asking price$899,000
6 beds 6 baths — sqft
Suggested offer$471,445$427,555 above the est. market value of $471,445.
View on Realtor.com →Listed by Magda Robles, Broker, CRS, GRI, SFR, ACP · Florida Homegain, Corp
Typemulti_family
Built1951
Price / sqft—
Est. value (Zillow ZIP avg)$471,445
Rent estimate (building total, own analysis)$7,830/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
1 / 8
Show every detail
Statusfor_sale
Listed date2026-08-28
Removed date—
MLSMiamiMLS #A12079196
Coordinates25.91612, -80.21318
Address759 S Biscayne River Dr
CityMiami
StateFL
Zip33169
Listing ID5287500791
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33169)
Typical home value (ZHVI)$471,445
Typical rent (ZORI)$2,193/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 | $899,000 |
| Down payment (20.0%) | $179,800 |
| Loan amount | $719,200 |
| Closing costs (5.0%) | $44,950 |
| Total cash to close | $224,750 |
| Income | |
| Rent (estimate) | $7,830$93,960 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,204$86,443 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,423$17,081 |
| Insurance (est. scaled by flood & wind risk) | $959$11,507 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $392$4,698 |
| Total operating expenses | $2,774$33,286 |
| 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) | $392$4,698 |
| 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.
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.
No recent recorded sales cached yet for this ZIP.
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 |
|---|---|---|---|---|---|---|
| 20530 NW 9th Pl | single_family | 6 | 5 | — | $875,000 | — |
| 15425 N Miami Ave | single_family | 6 | 5 | 3,099 | $1,389,900 | — |
| 20623 NW 11th Ave | single_family | 6 | 4 | 3,572 | $810,000 | — |
| 20551 NW 7th Ct | single_family | 6 | 4 | 3,379 | $750,000 | — |
| 1236 NW 208th St | single_family | 6 | 4 | 2,968 | $888,888 | — |
| 19700 NW 6th Pl | single_family | 6 | 4 | 1,977 | $750,000 | — |
10-year hold projection
IRR8.8%
Equity multiple2.38x
Total return (10yr)$427,054
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $925,970 | $53,157 | -$7,002 | $711,402 | $214,568 |
| 2 | $953,749 | $54,918 | -$5,359 | $703,069 | $250,680 |
| 3 | $982,362 | $56,736 | -$3,661 | $694,164 | $288,198 |
| 4 | $1,011,832 | $58,613 | -$1,907 | $684,647 | $327,186 |
| 5 | $1,042,187 | $60,551 | -$96 | $674,476 | $367,711 |
| 6 | $1,073,453 | $62,551 | $1,774 | $663,607 | $409,846 |
| 7 | $1,105,657 | $64,616 | $3,706 | $651,992 | $453,665 |
| 8 | $1,138,826 | $66,747 | $5,702 | $639,579 | $499,247 |
| 9 | $1,172,991 | $68,948 | $7,762 | $626,314 | $546,677 |
| 10 | $1,208,181 | $71,219 | $9,890 | $612,138 | $596,043 |
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.