660 S Biscayne River Dr
Miami, FL 33169 · single_family · For Sale · 169 days on market
Asking price$799,000
5 beds 3 baths 2,072 sqft
Suggested offer$474,260$324,740 above the est. market value of $474,260.
View on Realtor.com →Listed by Luisa Franco · Homesellers Real Estate Services
Typesingle_family
Built1951
Price / sqft$386
Est. value (own analysis)$474,260
Rent estimate (own analysis)$6,500/mo
HOANone
1 / 45
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Statusfor_sale
Listed date2026-03-17
Removed date—
MLSMiamiMLS #A11984304
Coordinates25.91570, -80.21100
Address660 S Biscayne River Dr
CityMiami
StateFL
Zip33169
Listing ID5347610756
Sourceus-real-estate-listings, cached 2026-08-28
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 | $799,000 |
| Down payment (20.0%) | $159,800 |
| Loan amount | $639,200 |
| Closing costs (5.0%) | $39,950 |
| Total cash to close | $199,750 |
| Income | |
| Rent (comp-derived) | $6,500$78,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,980$71,760 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,265$15,181 |
| Insurance (placeholder 0.8% of price) | $533$6,392 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $325$3,900 |
| Total operating expenses | $2,123$25,473 |
| 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) | $325$3,900 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 3 | 1,986 | $12,900 | 2026-08-20 | — | |
| single_family | 5 | 2 | 2,184 | $4,370 | 2026-08-14 | — | |
| single_family | 5 | 4 | 2,368 | $16,000 | 2026-08-12 | — | |
| single_family | 5 | 4 | 1,986 | $6,500 | 2026-07-08 | — | |
| single_family | 5 | 3 | 2,495 | $6,500 | 2026-07-02 | — | |
| single_family | 5 | 2 | 1,747 | $3,600 | 2026-06-24 | — | |
| single_family | 5 | 3 | 2,455 | $6,400 | 2026-05-29 | — | |
| single_family | 5 | 3 | 2,588 | $6,000 | 2026-05-27 | — | |
| single_family | 5 | 3 | 2,091 | $6,999 | 2026-05-11 | — | |
| single_family | 5 | 3 | 1,462 | $5,000 | 2026-04-29 | — | |
| single_family | 5 | 3 | 1,940 | $18,000 | 2026-08-25 | — | |
| single_family | 5 | 3 | 1,970 | $6,850 | 2025-10-28 | — | |
| single_family | 5 | 4 | 2,150 | $8,500 | 2025-11-25 | — | |
| single_family | 5 | 3 | 2,702 | $5,500 | — | — | |
| single_family | 5 | 2 | 1,500 | $4,400 | — | — | |
| single_family | 5 | 3 | 1,752 | $5,800 | — | — | |
| single_family | 5 | 3 | 2,602 | $9,000 | 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 |
|---|---|---|---|---|---|---|
| 18201 NW 5th Ave | single_family | 5 | 4 | 3,668 | $630,000 | 2026-08-03 |
| 18901 NW 10th Ct | single_family | 5 | 3 | 2,296 | $730,000 | 2026-07-30 |
| 15100 S River Dr | single_family | 5 | 2 | 4,346 | $950,000 | 2026-07-21 |
| 330 NW 205th Ter | single_family | 5 | 3 | 2,528 | $489,000 | 2026-05-07 |
| 311 NW 201st St | single_family | 5 | 2 | 2,634 | $630,000 | 2026-04-03 |
| 19501 NE 14 Ct | single_family | 5 | 6 | 4,780 | $2,757,000 | 2026-01-09 |
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 |
|---|---|---|---|---|---|---|
| 36 NW 151st St | multi_family | 5 | 3 | 2,625 | $725,000 | — |
| 308 NW 159th St | single_family | 5 | 3 | 3,683 | $1,799,000 | — |
| 1252 NW 172nd Ter | single_family | 5 | 3 | 2,068 | $725,000 | — |
| 17800 NW 8th Ave | single_family | 5 | 4 | 2,238 | $750,000 | — |
| 18935 NW 8th Ave | single_family | 5 | 2 | 1,918 | $675,000 | — |
10-year hold projection
IRR8.5%
Equity multiple2.33x
Total return (10yr)$370,594
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $822,970 | $46,287 | -$6,905 | $632,270 | $190,700 |
| 2 | $847,659 | $47,803 | -$5,487 | $624,863 | $222,796 |
| 3 | $873,089 | $49,368 | -$4,022 | $616,949 | $256,140 |
| 4 | $899,282 | $50,982 | -$2,509 | $608,490 | $290,791 |
| 5 | $926,260 | $52,649 | -$948 | $599,451 | $326,809 |
| 6 | $954,048 | $54,369 | $665 | $589,791 | $364,257 |
| 7 | $982,669 | $56,144 | $2,329 | $579,468 | $403,201 |
| 8 | $1,012,149 | $57,976 | $4,048 | $568,436 | $443,714 |
| 9 | $1,042,514 | $59,867 | $5,823 | $556,646 | $485,868 |
| 10 | $1,073,789 | $61,818 | $7,656 | $544,046 | $529,743 |
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.