1379 NE 104th St
Miami Shores, FL 33138 · single_family · For Sale · 182 days on market
Asking price$6,495,000
4 beds 5 baths 4,938 sqft
Suggested offer$3,801,964$2,693,036 above the est. market value of $3,801,964.
View on Realtor.com →Listed by Sophia Howard · Coldwell Banker Realty
Typesingle_family
Built2026
Price / sqft$1315
Est. value (own analysis)$3,801,964
Rent estimate (own analysis)$12,000/mo
HOANone
1 / 78
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Statusfor_sale
Listed date2026-03-04
Removed date—
MLSMiamiMLS #A11974146
Coordinates25.87127, -80.16949
Address1379 NE 104th St
CityMiami Shores
StateFL
Zip33138
Listing ID5293672416
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33138)
Typical home value (ZHVI)$806,988
Typical rent (ZORI)$2,367/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 | $6,495,000 |
| Down payment (20.0%) | $1,299,000 |
| Loan amount | $5,196,000 |
| Closing costs (5.0%) | $324,750 |
| Total cash to close | $1,623,750 |
| Income | |
| Rent (comp-derived) | $12,000$144,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $11,040$132,480 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $10,284$123,405 |
| Insurance (placeholder 0.8% of price) | $4,330$51,960 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $600$7,200 |
| Total operating expenses | $15,214$182,565 |
| 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) | $600$7,200 |
| 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 | 2,948 | $17,500 | 2026-08-18 | — | |
| single_family | 4 | 3 | 2,311 | $15,500 | 2026-08-15 | — | |
| single_family | 4 | 3 | 2,890 | $19,000 | 2026-07-17 | — | |
| single_family | 4 | 4 | 2,347 | $14,000 | 2026-07-16 | — | |
| single_family | 4 | 3 | 2,454 | $10,500 | 2026-07-13 | — | |
| single_family | 4 | 3 | 2,890 | $14,500 | 2026-07-07 | — | |
| single_family | 4 | 4 | 2,145 | $6,499 | 2026-06-27 | — | |
| single_family | 4 | 4 | 3,249 | $15,000 | 2026-06-18 | — | |
| single_family | 4 | 4 | 1,834 | $8,950 | 2026-03-20 | — | |
| single_family | 4 | 4 | — | $14,000 | — | — | |
| single_family | 4 | 2 | 1,814 | $7,000 | 2026-05-03 | — | |
| single_family | 4 | 3 | 2,193 | $9,300 | 2026-07-28 | — | |
| single_family | 4 | 3 | 2,960 | $12,000 | 2026-07-14 | — | |
| single_family | 4 | 3 | — | $12,000 | — | — | |
| single_family | 4 | 4 | — | $9,200 | — | — | |
| single_family | 4 | 2 | 1,358 | $4,000 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 9301 N Bayshore Dr | single_family | 4 | 5 | 4,225 | $8,000,000 | 2026-08-18 |
| 1090 NE 92nd St | single_family | 4 | 2 | 3,227 | $2,435,000 | 2026-07-22 |
| 6322 NE 5th Ave | single_family | 4 | 2 | 2,161 | $840,000 | 2026-07-17 |
| 1110 NE 100th St | single_family | 4 | 3 | 2,191 | $1,680,000 | 2026-07-15 |
| 9655 Biscayne Blvd | single_family | 4 | 2 | 3,450 | $1,150,000 | 2026-06-22 |
| 1131 NE 97th St | single_family | 4 | 3 | — | $1,648,000 | 2026-06-17 |
| 8625 NE 10th Ave | single_family | 4 | 6 | 3,696 | $3,700,000 | 2026-06-08 |
| 1291 NE 102nd St | single_family | 4 | 4 | 2,202 | $2,500,000 | 2026-06-08 |
| 9700 Biscayne Blvd | single_family | 4 | 2 | 2,609 | $1,687,500 | 2026-06-05 |
| 89 NE 106th St | single_family | 4 | 5 | 2,546 | $2,475,000 | 2026-05-22 |
| 9015 NE 10th Ave | single_family | 4 | 4 | 2,975 | $2,300,000 | 2026-05-21 |
| 575 NE 97th St | single_family | 4 | 3 | 2,589 | $1,850,000 | 2026-05-19 |
| 1017 NE 95th St | single_family | 4 | 3 | 1,883 | $1,625,000 | 2026-04-30 |
| 490 NE 91st St | single_family | 4 | 4 | 3,145 | $2,225,000 | 2026-04-23 |
| 1029 NE 104th St | single_family | 4 | 3 | 2,775 | $1,880,000 | 2026-04-16 |
| 8825 NE 10th Ave | single_family | 4 | 4 | 2,060 | $2,050,000 | 2026-04-06 |
| 46 NE 100th St | single_family | 4 | 2 | 2,139 | $1,098,888 | 2026-04-01 |
| 710 NE 72nd Ter | single_family | 4 | 4 | 2,304 | $2,150,000 | 2026-03-25 |
| 1075 NE 99th St | single_family | 4 | 3 | 2,464 | $2,750,000 | 2026-03-20 |
| 920 NE 99th St | single_family | 4 | 3 | 2,237 | $1,350,000 | 2026-03-13 |
| 540 NE 103rd St | single_family | 4 | 3 | 3,036 | $2,350,000 | 2026-03-05 |
| 7701 NE 8th Ave | single_family | 4 | 2 | 2,305 | $2,750,000 | 2026-02-25 |
| 751 NE 80th St | single_family | 4 | 3 | 1,519 | $1,000,000 | 2026-02-20 |
| 925 NE 92nd St | single_family | 4 | 4 | 2,400 | $1,650,000 | 2026-02-13 |
| 871 NE 81st St | single_family | 4 | 3 | 3,486 | $1,410,000 | 2026-02-03 |
| 861 NE 82nd St | single_family | 4 | 3 | 2,356 | $1,395,000 | 2026-01-26 |
| 1250 NE 87th St | single_family | 4 | 3 | 3,312 | $3,887,500 | 2026-01-16 |
| 20 NE 104th St | single_family | 4 | 3 | 2,319 | $1,800,000 | 2026-01-15 |
| 1120 NE 86th St | single_family | 4 | 4 | 1,994 | $1,800,000 | 2026-01-14 |
| 1000 NE Little River Dr | single_family | 4 | 4 | 2,964 | $4,400,000 | 2026-01-02 |
| 8301 NE 10th Ave | single_family | 4 | 4 | 2,691 | $2,250,000 | 2025-12-16 |
| 991 NE 82nd St | single_family | 4 | 3 | 2,361 | $1,040,000 | 2025-12-11 |
| 820 NE 80th St | single_family | 4 | 3 | 2,638 | $1,102,500 | 2025-11-14 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 1085 NE 84th St | single_family | 4 | 3 | 1,925 | $1,299,000 | — |
| 670 NE 87th St | multi_family | 4 | 2 | 1,584 | $850,000 | — |
| 685 NE 81st St | single_family | 4 | 3 | 3,129 | $2,850,000 | — |
| 533-535 NE 67th St | multi_family | 4 | 4 | 1,000 | $1,059,000 | — |
| 776 NE 74th St | single_family | 4 | 4 | 1,834 | $1,950,000 | — |
| 420 NE 62nd St Unit B | condos | 4 | 5 | 2,786 | $1,850,000 | — |
| 420 NE 62nd St Unit A | townhomes | 4 | 5 | 2,786 | $1,850,000 | — |
| 910 NE 81st St | single_family | 4 | 3 | 1,808 | $1,480,000 | — |
10-year hold projection
IRR-8.9%
Equity multiple-0.51x
Total return (10yr)-$1,606,948
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $6,689,850 | -$50,085 | -$457,976 | $5,139,664 | $1,550,186 |
| 2 | $6,890,546 | -$50,675 | -$458,746 | $5,079,459 | $1,811,087 |
| 3 | $7,097,262 | -$51,259 | -$459,515 | $5,015,120 | $2,082,142 |
| 4 | $7,310,180 | -$51,838 | -$460,282 | $4,946,362 | $2,363,818 |
| 5 | $7,529,485 | -$52,410 | -$461,048 | $4,872,883 | $2,656,602 |
| 6 | $7,755,370 | -$52,975 | -$461,812 | $4,794,358 | $2,961,012 |
| 7 | $7,988,031 | -$53,531 | -$462,572 | $4,710,441 | $3,277,590 |
| 8 | $8,227,672 | -$54,079 | -$463,328 | $4,620,760 | $3,606,911 |
| 9 | $8,474,502 | -$54,616 | -$464,079 | $4,524,922 | $3,949,580 |
| 10 | $8,728,737 | -$55,142 | -$464,825 | $4,422,502 | $4,306,235 |
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.