Miami, FL 33143 · condos · For Sale · 456 days on market
Asking price$185,000
2 beds 1 baths 730 sqft
View on Realtor.com →
Listed by Fong Sio · Atlantic Realty & Inv. Corp.
Typecondos
Built1968
Price / sqft$253
Est. value (own analysis)$267,786
Rent estimate (own analysis)$2,350/mo
HOA$645/mo
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Neighborhood

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Statusfor_sale
Listed date2025-06-04
Removed date
MLSMiamiMLS #A11815561
Coordinates25.69329, -80.31406
Address
CityMiami
StateFL
Zip33143
Listing ID5290108306
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33143)

Typical home value (ZHVI)$957,553
Typical rent (ZORI)$2,761/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$185,000
Down payment (20.0%)$37,000
Loan amount$148,000
Closing costs (5.0%)$9,250
Total cash to close$46,250
Rent (comp-derived)$2,350$28,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$28,200
Vacancy rate (assumption) assumption8.0%

$28,200 × 8.0% = $2,256

Effective gross income$2,162$25,944
Property tax (placeholder 1.9% of price)$293$3,515
Insurance (placeholder 0.8% of price)$123$1,480
HOA dues$645$7,740
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$118$1,410
Total operating expenses$1,179$14,145
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$25,944
Total operating expenses derived$14,145

$25,944 − $14,145 = $11,799

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$148,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$148,000 amortized at 6.7% over 30 years = $951/mo

CapEx reserve (5.0% of GSR)$118$1,410
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$11,799
Annual debt service derived$11,413
Annual CapEx reserve assumption$1,410
Annual PMI assumption$0

($11,799 − $11,413 − $1,410 − $0) ÷ 12 = -$85

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$11,799
Purchase price data$185,000

$11,799 ÷ $185,000 = 6.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$1,024
Total cash to close derived$46,250

-$1,024 ÷ $46,250 = -2.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$11,799
Annual debt service derived$11,413

$11,799 ÷ $11,413 = 1.03

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$28,200
Purchase price data$185,000

($28,200 ÷ 12) ÷ $185,000 = 1.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$185,000
Gross scheduled rent (annual) comp$28,200

$185,000 ÷ $28,200 = 6.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$14,145
Effective gross income derived$25,944

$14,145 ÷ $25,944 = 54.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$14,145
Annual debt service derived$11,413
Annual PMI assumption$0
Gross scheduled rent (annual) comp$28,200

($14,145 + $11,413 + $0) ÷ $28,200 = 90.6%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos22933$2,4002026-08-17
apartment21804$1,9502026-08-13
condos21804$2,1502026-08-11
condos22938$2,5002026-08-09
condos21804$1,9002026-08-07
apartment21800$2,4002026-07-24
condos21730$2,1882026-07-22
apartment21804$2,0502026-06-30
condos22942$3,1502026-06-25
condos21795$2,5002026-06-05
condos21786$2,3882026-05-28
condos21804$2,1502026-05-25
condos21804$2,1002026-05-19
condos21804$1,9752026-05-15
apartment21672$2,3502026-04-30
condos22933$2,1502026-08-03
condos21804$2,1002026-08-01
condos22912$2,1002026-07-29
condos21804$2,3502026-02-06
condos21804$2,4002026-04-22
condos21804$2,250
condos21842$2,4502026-06-18
condos21804$2,3002026-08-27
condos21730$2,5002026-08-25
condos22750$2,2002026-04-22
condos21650$3,0002024-11-21
apartment22960$3,240
apartment22950$4,965
apartment21931$2,968
apartment22950$3,121
condos21730$2,3952026-08-29
condos22954$2,9002026-08-31
condos21730$2,1502026-09-01

7757 SW 86th St Unit C218

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage933
Listed2026-08-17
Days on market

Asking rent: $2,400

View on Zillow →

7707 Camino Real Apt 206

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed2026-08-13
Days on market

Asking rent: $1,950

View on Zillow →

7700 Camino Real Apt 407

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed2026-08-11
Days on market

Asking rent: $2,150

View on Zillow →

7401 SW 82nd St Unit 201S

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage938
Listed2026-08-09
Days on market

Asking rent: $2,500

View on Zillow →

7830 Camino Real Apt 308

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed2026-08-07
Days on market

Asking rent: $1,900

View on Zillow →

5580 SW 78th St Unit 137A

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage800
Listed2026-07-24
Days on market

Asking rent: $2,400

View on Zillow →

7348 SW 82nd St Apt C118

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage730
Listed2026-07-22
Days on market

Asking rent: $2,188

View on Zillow →

7705 Camino Real Apt 215B

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed2026-06-30
Days on market

Asking rent: $2,050

View on Zillow →

7505 SW 82nd St Apt 208

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage942
Listed2026-06-25
Days on market

Asking rent: $3,150

View on Zillow →

7956 Camino Cir Unit A4

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage795
Listed2026-06-05
Days on market

Asking rent: $2,500

View on Zillow →

7720 SW 54th Ct Unit 44D

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage786
Listed2026-05-28
Days on market

Asking rent: $2,388

View on Zillow →

7920 Camino Real Apt 109

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed2026-05-25
Days on market

Asking rent: $2,150

View on Zillow →

7830 Camino Real Apt 110K

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed2026-05-19
Days on market

Asking rent: $2,100

View on Zillow →

7815 Camino Real Apt 216

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed2026-05-15
Days on market

Asking rent: $1,975

View on Zillow →

7734 SW 55th Ave Apt B

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage672
Listed2026-04-30
Days on market

Asking rent: $2,350

View on Zillow →

7745 SW 86th St Unit D218

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage933
Listed2026-08-03
Days on market

Asking rent: $2,150

View on Zillow →

7850 Camino Real Apt 201

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed2026-08-01
Days on market

Asking rent: $2,100

View on Zillow →

7825 Camino Real Apt 111

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage912
Listed2026-07-29
Days on market

Asking rent: $2,100

View on Zillow →

7810 Camino Real Unit I104

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed2026-02-06
Days on market

Asking rent: $2,350

View on Zillow →

7740 Camino Real Apt 404G

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed2026-04-22
Days on market

Asking rent: $2,400

View on Zillow →

7707 Camino Real

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed
Days on market

Asking rent: $2,250

View on Zillow →

6001 SW 70th St Apt 114

South Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage842
Listed2026-06-18
Days on market

Asking rent: $2,450

View on Zillow →

7810 Camino Real Apt 306

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage804
Listed2026-08-27
Days on market

Asking rent: $2,300

View on Zillow →

7620 SW 82nd St Apt J102

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage730
Listed2026-08-25
Days on market

Asking rent: $2,500

View on Zillow →

7560 SW 82nd St Apt G112

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage750
Listed2026-04-22
Days on market

Asking rent: $2,200

View on Zillow →

6238 SW 59th Pl Apt 10

South Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage650
Listed2024-11-21
Days on market

Asking rent: $3,000

View on Zillow →

5961 SW 68th St Apt 714

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage960
Listed
Days on market

Asking rent: $3,240

View on Zillow →

7350 SW 58th Ct # 001-309

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage950
Listed
Days on market

Asking rent: $4,965

View on Zillow →

8250 SW 72nd Ct Unit 732

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage931
Listed
Days on market

Asking rent: $2,968

View on Zillow →

8250 SW 72nd Ct Unit 616W

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage950
Listed
Days on market

Asking rent: $3,121

View on Zillow →

7660 SW 82nd St Apt H208

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage730
Listed2026-08-29
Days on market

Asking rent: $2,395

View on Zillow →

7420 SW 59th Ave Unit D

South Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage954
Listed2026-08-31
Days on market

Asking rent: $2,900

View on Zillow →

7348 SW 82nd St Apt C122

Miami, 33143 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage730
Listed2026-09-01
Days on market

Asking rent: $2,150

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
6001 SW 70th St Apt 241condos221,010$376,0002026-08-28
8335 SW 72nd Ave Apt 212Dcondos221,033$296,0002026-08-24
6001 SW 70th St Apt 453condos221,010$408,0002026-08-11
5540 SW 78th St Unit 32Ccondos21800$390,0002026-08-10
7890 SW 86th St Apt 10condos231,430$572,5002026-08-07
7715 SW 57th Ave Unit 3condos21840$375,0002026-07-29
7705 SW 86th St Unit B212condos22933$298,0002026-06-29
6411158011condos221,044$287,0002026-06-26
5640 SW 78th St Unit 124Ccondos21800$388,0002026-06-26
7703 Camino Real Apt 111condos22912$345,0002026-06-22
7621 SW 55th Ave Unit 21Acondos21786$405,0002026-06-18
6001 SW 70th St Apt 301condos221,010$400,0002026-06-18
7743 SW 86th St Unit D227condos221,075$282,5002026-06-18
6001 SW 70th St Apt 304condos221,010$377,0002026-06-10
7700 Camino Real Apt 101Dcondos21804$285,0002026-05-19
8107 SW 72nd Ave Apt 423Econdos221,102$295,0002026-05-13
6001 SW 70th St Apt 531condos221,010$372,0002026-05-12
7805 Camino Real Apt 101condos21804$299,0002026-05-08
6001 SW 70th St Apt 115condos21842$340,0002026-05-04
6001 SW 70th St Apt 201condos221,010$376,0002026-05-01
6001 SW 70th St Apt 643condos221,010$400,0002026-04-30
7621 SW 55th Ave Unit 22Bcondos21786$425,0002026-04-17
8390 SW 72nd Ave Apt 314condos221,094$375,0002026-04-10
7720 SW 54th Ct Unit 42Bcondos21786$395,0002026-04-04
8395 SW 73rd Ave Apt 511condos221,114$390,0002026-04-03
6001 SW 70th St Apt 231condos221,010$395,0002026-04-02
7765 SW 86th St Unit F2-303condos221,075$309,0002026-03-16
8390 SW 72nd Ave Apt 320condos221,625$520,0002026-03-09
8395 SW 73rd Ave Apt 517condos221,209$390,0002026-03-06
8107 SW 72nd Ave Apt 201Econdos221,087$299,0002026-03-05
7905 SW 86th St Apt 626condos221,140$325,0002026-03-02
7705 SW 86th St Unit B307condos21900$205,0002026-02-26
7700 SW 56th Ave Apt 4condos21840$369,5002026-02-26
7477 SW 82nd St Apt C213condos22955$290,0002026-02-24
8390 SW 72nd Ave Apt 520condos221,114$400,0002026-02-02
7473 SW 82nd St Apt A311condos22955$315,0002026-01-29
7401 SW 82nd St Unit 301Scondos22938$326,5002026-01-23
6001 SW 70th St Apt 239condos221,010$371,0002026-01-06
8390 SW 72nd Ave Apt 704condos221,347$458,0002026-01-06
6001 SW 70th St Apt 612condos221,010$380,0002026-01-06
6001 SW 70th St Apt 113condos221,010$370,0002026-01-05
8315 SW 72nd Ave Apt 308Bcondos221,044$255,0002025-12-29
7720 Camino Real Apt 108Econdos22912$350,0002025-12-17
7966 Camino Cir Unit B3condos21994$400,0002025-12-17
6001 SW 70th St Apt 542condos221,010$350,0002025-12-16
7620 SW 56th Ave Apt 4condos21840$385,0002025-12-12
8390 SW 72nd Ave Apt 310condos221,316$440,0002025-12-10
7715 SW 86th St Unit A2-109condos221,075$220,0002025-12-05
7477 SW 82nd St Apt C117condos22955$290,0002025-11-24
7707 Camino Real Apt 411condos21804$300,0002025-11-14

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
7741 SW 55th Ave Unit 53Acondos21786$425,000
7705 Camino Real Apt 101condos21804$315,000
7850 Camino Real Apt 401condos21804$305,000
7610 SW 82nd St Apt J208condos22750$329,000
7505 SW 82nd St Apt 314condos21832$245,000
8395 SW 73rd Ave Apt 115condos231,728$559,500
7344 SW 82nd St Apt C115condos221,000$195,000
7705 SW 86th St Unit B211condos221,200$335,000

10-year hold projection

IRR9.7%
Equity multiple2.52x
Total return (10yr)$94,676
YearProperty valueNOICash flowLoan balanceEquity
1$190,550$11,799-$1,024$146,395$44,155
2$196,267$12,224-$635$144,680$51,586
3$202,155$12,663-$232$142,848$59,307
4$208,219$13,117$186$140,889$67,330
5$214,466$13,587$617$138,796$75,669
6$220,900$14,072$1,064$136,560$84,340
7$227,527$14,575$1,526$134,169$93,357
8$234,352$15,094$2,005$131,615$102,738
9$241,383$15,631$2,500$128,885$112,498
10$248,625$16,186$3,012$125,968$122,657
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.