Miami, FL 33125 · multi_family · For Sale · 66 days on market
Asking price$825,000
7 beds 5 baths 2,040 sqft
Suggested offer$688,987$136,013 above the est. market value of $688,987.
View on Realtor.com →
Listed by erlys diaz · Premier Real Estate Associates, Llc
Typemulti_family
Built1952
Price / sqft$404
Est. value (own analysis)$688,987
Rent estimate (building total, own analysis)$5,834/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-28
Removed date
MLSMiamiMLS #A12044487
Coordinates25.77568, -80.25197
Address
CityMiami
StateFL
Zip33125
Listing ID5338860964
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33125)

Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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$825,000
Down payment (20.0%)$165,000
Loan amount$660,000
Closing costs (5.0%)$41,250
Total cash to close$206,250
Rent (estimate)$5,834$70,013
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$70,013
Vacancy rate (assumption) assumption8.0%

$70,013 × 8.0% = $5,601

Effective gross income$5,368$64,412
Property tax (placeholder 1.9% of price)$1,306$15,675
Insurance (placeholder 0.8% of price)$550$6,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$292$3,501
Total operating expenses$2,148$25,776
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$64,412
Total operating expenses derived$25,776

$64,412 − $25,776 = $38,636

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$660,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$660,000 amortized at 6.7% over 30 years = $4,241/mo

CapEx reserve (5.0% of GSR)$292$3,501
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$38,636
Annual debt service derived$50,896
Annual CapEx reserve assumption$3,501
Annual PMI assumption$0

($38,636 − $50,896 − $3,501 − $0) ÷ 12 = -$1,313

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$38,636
Purchase price data$825,000

$38,636 ÷ $825,000 = 4.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$15,761
Total cash to close derived$206,250

-$15,761 ÷ $206,250 = -7.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$38,636
Annual debt service derived$50,896

$38,636 ÷ $50,896 = 0.76

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$70,013
Purchase price data$825,000

($70,013 ÷ 12) ÷ $825,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$825,000
Gross scheduled rent (annual) comp$70,013

$825,000 ÷ $70,013 = 11.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$25,776
Effective gross income derived$64,412

$25,776 ÷ $64,412 = 40.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$25,776
Annual debt service derived$50,896
Annual PMI assumption$0
Gross scheduled rent (annual) comp$70,013

($25,776 + $50,896 + $0) ÷ $70,013 = 109.5%

Comparables

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

No active rental listings cached yet for this bedroom count.

Widened to any bedroom count in ZIP. 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
745 NW 32nd Avemulti_family2,187$595,0002026-08-17
460 NW 25th Ctmulti_family421,584$424,0002026-08-12
1874 NW 19th Stmulti_family1,450$515,0002026-08-10
1330 NW 5th Stmulti_family552,690$1,100,0002026-08-07
1040 NW 23rd Ctmulti_family1,758$735,0002026-08-06
119 NW 17th Plmulti_family642,248$900,0002026-07-31
149 NW 17th Plmulti_family1,880$735,0002026-07-16
1953 NW 3rd Stmulti_family642,886$850,0002026-07-15
426 NW 13th Ave Apt 2multi_family843,722$1,283,0002026-07-13
1810 NW 3rd Stmulti_family642,034$799,0002026-07-09
1851 NW 22nd Ctmulti_family441,995$570,0002026-07-07
1800 NW 18th Termulti_family2,636$800,0002026-07-06
6947482638multi_family3,002$680,0002026-06-22
911 NW 22nd Plmulti_family83,244$900,0002026-06-22
1790 NW 19th Stmulti_family1,690$659,0002026-06-12
5911202681multi_family1,821$460,0002026-06-11
836 NW 33rd Avemulti_family4,151$1,350,0002026-06-09
330 NW 23rd Ctmulti_family1,404$575,0002026-06-08
226 NW 16th Avemulti_family512,637$470,0002026-06-03
1229 NW 5th Stmulti_family882,964$1,400,0002026-06-02
1237 NW 5th Stmulti_family852,759$1,400,0002026-06-02
330 NW 25th Avemulti_family1,926$561,2252026-06-02
1397 NW 28th Avemulti_family443,184$900,0002026-06-01
1342 NW 1st Stmulti_family421,950$640,0002026-05-27
1621 NW 16th Stmulti_family3,728$1,400,0002026-05-26
1429 NW 2nd Stmulti_family864,086$1,380,0002026-05-14
2223 NW 3rd Stmulti_family1,521$438,5002026-05-14
1976 NW 25th Avemulti_family4,492$365,0002026-05-12
928 NW 23rd Ctmulti_family321,516$799,0002026-05-11
2151 NW 1st Termulti_family$1,263,5002026-05-06
1801 NW 5th Stmulti_family2,052$700,0002026-05-01
1001 NW 36th Avemulti_family662,688$967,2002026-04-24
2029 NW 5th Stmulti_family512,532$605,0002026-04-21
1716 NW 19th Stmulti_family4,952$1,800,0002026-03-25
1011 NW 33rd Avemulti_family2,876$745,0002026-03-20
601 NW 23rd Ctmulti_family221,294$500,0002026-03-10
1361 NW 6th Stmulti_family431,992$1,413,0002026-03-05
3436 NW 2nd Stmulti_family2,842$700,0002026-03-02
1209 NW 33rd Avemulti_family532,650$675,0002026-02-27
954 NW 34th Avemulti_family442,066$805,0002026-02-26
5362550731multi_family2,524$940,0002026-01-26
1011 NW 27th Ctmulti_family1,773$627,5002026-01-23
1520 NW 1st Stmulti_family1047,238$1,450,0002025-12-31
1971 NW 24th Ctmulti_family622,404$750,0002025-12-22
1027 NW 28th Avemulti_family1,992$825,0002025-12-10
2402 NW 11th Stmulti_family221,141$226,3002025-11-21
3681 NW 14th Stmulti_family321,204$372,0002025-11-18
3281 NW 14th Termulti_family632,473$715,0002025-11-17
1991 NW 32nd Avemulti_family84,541$1,850,0002025-11-14
132 NW 18th Avemulti_family2,126$765,0002025-11-12

Widened to city-wide. 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
5204 N Miami Avemulti_family742,943$1,850,000
7745 SW 54th Avesingle_family795,797$5,395,000
multi_family743,931$775,000
2283 NW 35th Stmulti_family742,700$765,000
1256 NE 110th Termulti_family751,946$1,450,000
300 Biscayne Blvd Way Apt 6301condos71419,868$75,000,000
12231 SW 1st Stsingle_family764,731$1,550,000
12141 Walsh Blvdsingle_family774,102$2,350,000

10-year hold projection

IRR5.3%
Equity multiple1.85x
Total return (10yr)$283,436
YearProperty valueNOICash flowLoan balanceEquity
1$849,750$38,636-$15,761$652,844$196,906
2$875,243$39,924-$14,560$645,197$230,046
3$901,500$41,254-$13,320$637,024$264,475
4$928,545$42,627-$12,039$628,291$300,254
5$956,401$44,045-$10,716$618,957$337,444
6$985,093$45,508-$9,349$608,983$376,110
7$1,014,646$47,019-$7,937$598,324$416,322
8$1,045,085$48,579-$6,478$586,932$458,153
9$1,076,438$50,190-$4,971$574,759$501,679
10$1,108,731$51,853-$3,415$561,749$546,982
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.