5300 NW 87th Ave Unit 706
Miami, FL 33178 · single_family · For Sale · 175 days on market
Asking price$117,800
1 beds 1 baths 705 sqft
Listed by Luis Fernando Cabrejos · Jc Realty Group Inc.
Typesingle_family
Built2007
Price / sqft$167
Est. value (own analysis)$274,971
Rent estimate (own analysis)$1,400/mo
HOA$1,056/mo
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Statusfor_sale
Listed date2026-03-11
Removed date—
MLSBeachesMLS #F10554683
Coordinates25.82161, -80.33817
Address5300 NW 87th Ave Unit 706
CityMiami
StateFL
Zip33178
Listing ID5412223113
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33178)
Typical home value (ZHVI)$558,055
Typical rent (ZORI)$2,961/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 | $117,800 |
| Down payment (20.0%) | $23,560 |
| Loan amount | $94,240 |
| Closing costs (5.0%) | $5,890 |
| Total cash to close | $29,450 |
| Income | |
| Rent (comp-derived) | $1,400$16,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,288$15,456 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $187$2,238 |
| Insurance (placeholder 0.8% of price) | $79$942 |
| HOA dues | $1,056$12,672 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $70$840 |
| Total operating expenses | $1,391$16,693 |
| 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) | $70$840 |
| 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 | 1 | 1 | 651 | $2,350 | 2026-08-15 | — | |
| single_family | 1 | 1 | 500 | $1,250 | 2026-08-11 | — | |
| single_family | 1 | 1 | 500 | $1,400 | 2026-08-10 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 11180 NW 73rd St | single_family | 4 | 3 | 2,312 | $875,000 | 2026-09-01 |
| 6950 NW 106th Ave | single_family | 4 | 4 | 2,878 | $1,090,000 | 2026-09-01 |
| 10464 NW 66th St | single_family | 4 | 4 | 1,862 | $840,000 | 2026-08-31 |
| 8465 NW 108th Path | single_family | 3 | 3 | 2,014 | $685,000 | 2026-08-31 |
| 10762 NW 71st St | single_family | 6 | 5 | 3,052 | $1,725,000 | 2026-08-28 |
| 5853 NW 111th Ave | single_family | 4 | 3 | 2,401 | $1,125,000 | 2026-08-24 |
| 11559 NW 84th Ter | single_family | 4 | 4 | 3,053 | $1,160,000 | 2026-08-21 |
| 11263 NW 53rd Ln | single_family | 4 | 3 | 1,934 | $819,000 | 2026-08-18 |
| 11258 NW 47th Ln | single_family | 4 | 2 | 2,429 | $900,000 | 2026-08-18 |
| 10929 NW 70th St | single_family | 2 | 2 | 1,249 | $605,000 | 2026-08-14 |
| 11018 NW 47th Ter | single_family | 3 | 2 | 2,498 | $875,000 | 2026-08-13 |
| 9473 NW 49th Doral Ln | single_family | 3 | 3 | 3,294 | $2,495,000 | 2026-08-12 |
| 7541 NW 97th Ct | single_family | 5 | 5 | 3,113 | $1,435,000 | 2026-08-11 |
| 11343 NW 53rd Ln | single_family | 4 | 2 | 2,154 | $775,000 | 2026-08-07 |
| 8868 NW 101st Pl | single_family | 4 | 4 | 2,650 | $860,000 | 2026-08-05 |
| 10340 NW 46th Ter | single_family | 4 | 2 | 2,675 | $1,295,000 | 2026-07-31 |
| 7943 NW 111th Ct | single_family | 5 | 4 | 3,636 | $1,038,000 | 2026-07-29 |
| 8895 NW 100th Pl | single_family | 5 | 4 | 2,992 | $900,000 | 2026-07-29 |
| 5861 NW 109th Ct | single_family | 4 | 4 | 2,480 | $1,200,000 | 2026-07-28 |
| 10045 NW 86th Ter | single_family | 3 | 2 | 2,462 | $879,900 | 2026-07-27 |
| 11431 NW 68th Ter | single_family | 4 | 3 | 2,312 | $752,500 | 2026-07-24 |
| 7635 NW 103rd Pl | single_family | 3 | 3 | 2,021 | $895,000 | 2026-07-24 |
| 11163 NW 71st Ter | single_family | 6 | 4 | 3,548 | $2,020,000 | 2026-07-23 |
| 8467 NW 110th Pl | single_family | 5 | 4 | 3,650 | $1,110,000 | 2026-07-23 |
| 11334 NW 53rd Ln | single_family | 3 | 2 | 1,654 | $742,500 | 2026-07-22 |
| 11247 NW 47th Ln | single_family | 3 | 2 | 2,136 | $840,000 | 2026-07-21 |
| 10872 NW 51st Ln | single_family | 3 | 3 | 2,210 | $785,000 | 2026-07-20 |
| 9998 NW 86th Ter | single_family | 4 | 3 | 2,548 | $885,000 | 2026-07-20 |
| 4417 NW 93rd Doral Ct | single_family | 3 | 3 | 2,553 | $1,400,000 | 2026-07-20 |
| 10126 NW 76th Ter | single_family | 5 | 5 | 3,624 | $1,550,000 | 2026-07-20 |
| 11583 NW 69th Ter | single_family | 4 | 2 | 2,104 | $785,000 | 2026-07-14 |
| 4934 NW 94th Doral Pl | single_family | 4 | 3 | 3,018 | $2,575,000 | 2026-07-07 |
| 10643 NW 54th St | single_family | 4 | 3 | 2,885 | $1,010,000 | 2026-07-06 |
| 11184 NW 73rd St | single_family | 4 | 3 | 2,312 | $860,000 | 2026-07-03 |
| 9449 NW 54th Doral Circle Ln | single_family | 5 | 4 | 4,542 | $3,650,000 | 2026-06-29 |
| 10023 NW 89th Ter | single_family | 4 | 3 | 2,650 | $1,025,000 | 2026-06-29 |
| 9870 NW 75th Ter | single_family | 5 | 5 | 3,113 | $1,295,000 | 2026-06-29 |
| 9790 NW 75th St | single_family | 5 | 4 | 3,292 | $1,495,000 | 2026-06-29 |
| 11262 NW 59th Ter | single_family | 4 | 2 | 2,028 | $900,000 | 2026-06-26 |
| 10628 NW 54th St | single_family | 5 | 3 | 3,305 | $900,000 | 2026-06-18 |
| 5869 NW 112th Ct | single_family | 5 | 3 | 2,569 | $1,145,000 | 2026-06-15 |
| 5189 NW 108th Path | single_family | 3 | 2 | 2,210 | $760,000 | 2026-06-15 |
| 7233 NW 113th Ct | single_family | 4 | 3 | 2,312 | $880,000 | 2026-06-15 |
| 7094 NW 109th Ct | single_family | 5 | 3 | 3,052 | $1,700,000 | 2026-06-12 |
| 7453 NW 100th Ct | single_family | 5 | 5 | 3,624 | $1,620,000 | 2026-06-09 |
| 9449 NW 54th Doral Cir Ln | single_family | 6 | 6 | 4,542 | $3,650,000 | 2026-06-08 |
| 11008 NW 73rd St | single_family | 5 | 3 | 3,052 | $1,500,000 | 2026-06-08 |
| 4822 NW 114th Ct | single_family | 3 | 3 | 1,533 | $585,000 | 2026-06-05 |
| 4650 NW 109th Ct | single_family | 4 | 3 | 2,622 | $900,000 | 2026-06-05 |
| 9835 NW 86th Ter | single_family | 4 | 4 | 3,128 | $1,025,000 | 2026-06-03 |
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 |
|---|---|---|---|---|---|---|
| 5300 NW 87th Ave Unit 1109 | condos | 1 | 2 | 1,070 | $115,000 | — |
| 5300 NW 87th Ave Unit 1407 | condos | 1 | 1 | 705 | $118,000 | — |
| 5300 NW 87th Ave Unit 809 | condos | 1 | 2 | 1,070 | $145,000 | — |
| 5300 NW 87th Ave Unit 601 | condos | 1 | 2 | 1,070 | $130,000 | — |
| 7661 NW 107th Ave Apt 409 | condos | 1 | 2 | 765 | $289,000 | — |
| 7875 NW 107th Ave Apt 504 | condos | 1 | 1 | 668 | $279,000 | — |
| 4420 NW 107th Ave Apt 107 | condos | 1 | 1 | 743 | $310,000 | — |
| 7661 NW 107th Ave Apt 813 | condos | 1 | 2 | 765 | $329,000 | — |
10-year hold projection
IRR-10.4%
Equity multiple-0.79x
Total return (10yr)-$37,370
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $121,334 | -$1,237 | -$9,344 | $93,218 | $28,116 |
| 2 | $124,974 | -$1,190 | -$9,319 | $92,126 | $32,848 |
| 3 | $128,723 | -$1,140 | -$9,290 | $90,959 | $37,764 |
| 4 | $132,585 | -$1,087 | -$9,259 | $89,712 | $42,873 |
| 5 | $136,562 | -$1,030 | -$9,224 | $88,380 | $48,183 |
| 6 | $140,659 | -$968 | -$9,186 | $86,956 | $53,704 |
| 7 | $144,879 | -$903 | -$9,144 | $85,433 | $59,446 |
| 8 | $149,226 | -$833 | -$9,099 | $83,807 | $65,419 |
| 9 | $153,702 | -$759 | -$9,050 | $82,069 | $71,633 |
| 10 | $158,313 | -$680 | -$8,997 | $80,211 | $78,102 |
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.