76 NW 97th St
Miami Shores, FL 33150 · single_family · For Sale · 51 days on market
Asking price$1,429,000
4 beds 5 baths 1,673 sqft
Suggested offer$696,556$732,444 above the est. market value of $696,556.
View on Realtor.com →Listed by Roman Pavlik · Laurie Finkelstein Reader Team
Typesingle_family
Built1935
Price / sqft$854
Est. value (own analysis)$696,556
Rent estimate (own analysis)$3,500/mo
HOANone
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Statusfor_sale
Listed date2026-07-13
Removed date—
MLSMiamiMLS #A12051247
Coordinates25.86394, -80.19908
Address76 NW 97th St
CityMiami Shores
StateFL
Zip33150
Listing ID5310553888
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33150)
Typical home value (ZHVI)$453,432
Typical rent (ZORI)$2,416/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 | $1,429,000 |
| Down payment (20.0%) | $285,800 |
| Loan amount | $1,143,200 |
| Closing costs (5.0%) | $71,450 |
| Total cash to close | $357,250 |
| Income | |
| Rent (comp-derived) | $3,500$42,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,220$38,640 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,263$27,151 |
| Insurance (placeholder 0.8% of price) | $953$11,432 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $175$2,100 |
| Total operating expenses | $3,390$40,683 |
| 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) | $175$2,100 |
| 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 | 2 | 1,190 | $3,495 | 2026-08-18 | — | |
| single_family | 4 | 3 | 2,160 | $4,700 | 2026-08-17 | — | |
| single_family | 4 | 2 | 1,500 | $2,600 | 2026-06-19 | — | |
| single_family | 4 | 1 | 1,226 | $2,800 | 2026-05-07 | — | |
| single_family | 4 | 2 | 1,421 | $3,600 | 2026-08-01 | — | |
| single_family | 4 | 2 | 1,169 | $4,375 | — | — | |
| single_family | 4 | 2 | 1,719 | $3,500 | 2026-06-11 | — | |
| single_family | 4 | 2 | 1,548 | $3,399 | 2026-08-26 | — | |
| single_family | 4 | 2 | 1,740 | $8,450 | 2026-06-05 | — |
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 |
|---|---|---|---|---|---|---|
| 6841 NW 2nd Ct | single_family | 4 | 3 | 1,701 | $490,000 | 2026-09-01 |
| 360 NW 87th St | single_family | 4 | 3 | 2,149 | $1,921,000 | 2026-07-28 |
| 8224 NW 1st Pl | single_family | 4 | 3 | 1,659 | $507,500 | 2026-07-28 |
| 5522425293 | single_family | 4 | 3 | — | $620,000 | 2026-07-17 |
| 1161 NW 105th Ter | single_family | 4 | 2 | 1,080 | $485,000 | 2026-06-22 |
| 874 NW 74th St | single_family | 4 | 2 | 1,817 | $389,000 | 2026-06-18 |
| 156 NW 90th St | single_family | 4 | 1 | 2,441 | $1,482,000 | 2026-05-27 |
| 870 NW 84th St | single_family | 4 | 1 | 1,419 | $499,000 | 2026-05-18 |
| 130 NW 102nd St | single_family | 4 | 2 | 1,373 | $1,225,000 | 2026-05-11 |
| 9600 N Miami Ave | single_family | 4 | 2 | 1,503 | $975,000 | 2026-04-30 |
| 734 NW 75th St | single_family | 4 | 3 | 1,643 | $585,000 | 2026-04-24 |
| 413 NW 100th Ter | single_family | 4 | 3 | 1,553 | $560,000 | 2026-03-23 |
| 195 NW 103rd St | single_family | 4 | 3 | 2,642 | $1,100,000 | 2026-01-29 |
| 25 NW 95th St | single_family | 4 | 3 | 1,828 | $930,000 | 2026-01-22 |
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 |
|---|---|---|---|---|---|---|
| 414 NW 84th Ter Unit 414 | townhomes | 4 | 2 | 1,410 | $248,000 | — |
| 460 NW 82nd Ter | single_family | 4 | 3 | 1,738 | $579,000 | — |
| 948 NW 84th Ter | single_family | 4 | 2 | 1,360 | $550,000 | — |
| 7770 NW 9th Ave | multi_family | 4 | 2 | 1,342 | $560,000 | — |
| 8454 NW 4th Ave Unit 8454 | condos | 4 | 3 | 1,660 | $300,000 | — |
| 8440 NW 4th Ave Unit 8440 | condos | 4 | 3 | 1,660 | $300,000 | — |
| 836 NW 98th St | multi_family | 4 | 2 | 1,482 | $599,000 | — |
| 578 NW 97th St | single_family | 4 | 2 | 1,368 | $530,000 | — |
10-year hold projection
IRR-7.4%
Equity multiple-0.24x
Total return (10yr)-$256,294
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,471,870 | -$2,043 | -$92,301 | $1,130,805 | $341,065 |
| 2 | $1,516,026 | -$1,901 | -$92,211 | $1,117,559 | $398,467 |
| 3 | $1,561,507 | -$1,749 | -$92,114 | $1,103,404 | $458,103 |
| 4 | $1,608,352 | -$1,588 | -$92,008 | $1,088,276 | $520,076 |
| 5 | $1,656,603 | -$1,417 | -$91,893 | $1,072,109 | $584,493 |
| 6 | $1,706,301 | -$1,235 | -$91,769 | $1,054,833 | $651,468 |
| 7 | $1,757,490 | -$1,042 | -$91,635 | $1,036,370 | $721,120 |
| 8 | $1,810,214 | -$837 | -$91,491 | $1,016,639 | $793,576 |
| 9 | $1,864,521 | -$620 | -$91,337 | $995,553 | $868,968 |
| 10 | $1,920,457 | -$391 | -$91,172 | $973,019 | $947,438 |
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.