3855 SW 79th Ave Apt 27
Miami, FL 33155 · condos · For Sale · 40 days on market
Asking price$199,999
1 beds 1 baths 542 sqft
Listed by Julio Potestad · Miami Realty Dreams Inc.
Typecondos
Built1968
Price / sqft$369
Est. value (own analysis)$200,209
Rent estimate (own analysis)$1,780/mo
HOA$425/mo
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Statusfor_sale
Listed date2026-07-24
Removed date—
MLSMiamiMLS #A12059319
Coordinates25.73456, -80.32279
Address3855 SW 79th Ave Apt 27
CityMiami
StateFL
Zip33155
Listing ID5413639037
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33155)
Typical home value (ZHVI)$716,503
Typical rent (ZORI)$2,758/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 | $199,999 |
| Down payment (20.0%) | $40,000 |
| Loan amount | $159,999 |
| Closing costs (5.0%) | $10,000 |
| Total cash to close | $50,000 |
| Income | |
| Rent (comp-derived) | $1,780$21,360 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,638$19,651 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $317$3,800 |
| Insurance (placeholder 0.8% of price) | $133$1,600 |
| HOA dues | $425$5,100 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $89$1,068 |
| Total operating expenses | $964$11,568 |
| 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) | $89$1,068 |
| 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 |
|---|---|---|---|---|---|---|---|
| apartment | 1 | 1 | 670 | $2,295 | 2025-10-04 | — | |
| apartment | 1 | 1 | 725 | $1,650 | 2026-08-14 | — | |
| condos | 1 | 1 | 540 | $1,650 | 2026-08-05 | — | |
| condos | 1 | 1 | 633 | $1,850 | 2026-07-27 | — | |
| condos | 1 | 1 | 628 | $1,800 | 2026-07-26 | — | |
| apartment | 1 | 1 | 675 | $1,760 | 2026-09-01 | — | |
| condos | 1 | 1 | 622 | $1,750 | 2026-06-25 | — | |
| condos | 1 | 1 | 519 | $1,650 | 2026-06-08 | — | |
| condos | 1 | 1 | 711 | $2,275 | 2026-08-02 | — | |
| apartment | 1 | 1 | 550 | $1,750 | 2026-03-05 | — | |
| apartment | 1 | 1 | 500 | $1,700 | 2026-08-24 | — | |
| condos | 1 | 1 | 533 | $1,700 | 2026-03-09 | — | |
| apartment | 1 | 1 | 605 | $2,209 | — | — | |
| apartment | 1 | 1 | 700 | $2,399 | — | — | |
| apartment | 1 | 1 | 674 | $2,444 | — | — | |
| apartment | 1 | 1 | 674 | $2,334 | — | — | |
| apartment | 1 | 1 | 698 | $2,367 | 2025-12-24 | — | |
| apartment | 1 | 1 | 400 | $1,500 | 2026-08-28 | — |
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 |
|---|---|---|---|---|---|---|
| 4300 SW 67th Ave Apt 17 | condos | 1 | 1 | 572 | $216,000 | 2026-05-26 |
| 4444 SW 67th Ave Unit 6 | condos | 1 | 1 | 516 | $195,000 | 2026-03-24 |
| 6780 SW 44th St Apt 8 | condos | 1 | 1 | 518 | $180,000 | 2026-03-23 |
| 4300 SW 67th Ave Apt 21 | condos | 1 | 1 | 623 | $225,000 | 2026-02-26 |
| 3903 SW 78th Ct Apt 207 | condos | 1 | 1 | 622 | $205,000 | 2025-12-19 |
| 5301 SW 77th Ct Apt 201G | condos | 1 | 1 | 628 | $175,000 | 2025-12-17 |
| 4250 SW 67th Ave Apt 49 | condos | 1 | 1 | — | $205,000 | 2025-12-02 |
| 3855 SW 79th Ave Apt 37 | condos | 1 | 1 | 542 | $208,000 | 2025-10-09 |
| 4444 SW 67th Ave Unit 2 | condos | 1 | 1 | 482 | $210,000 | 2025-09-04 |
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 |
|---|---|---|---|---|---|---|
| 3905 SW 78th Ct Apt 205 | condos | 1 | 1 | 622 | $205,000 | — |
| 4550 SW 67th Ave Unit 7 | condos | 1 | 1 | 540 | $199,999 | — |
| 3855 SW 79th Ave Apt 45 | condos | 1 | 1 | 542 | $204,900 | — |
| 4540 SW 68th Court Cir Unit 43-7 | condos | 1 | 2 | 900 | $363,000 | — |
| 7829 Miller Dr Apt B104 | condos | 1 | 1 | 760 | $209,000 | — |
| 3901 SW 78th Ct Unit 1-116 | condos | 1 | 1 | 533 | $200,000 | — |
| 3901 SW 78th Ct Apt 221 | condos | 1 | 1 | 582 | $205,000 | — |
| 4300 SW 67th Ave Apt 38 | condos | 1 | 1 | 582 | $220,000 | — |
10-year hold projection
IRR3.3%
Equity multiple1.54x
Total return (10yr)$52,931
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $205,999 | $8,083 | -$5,323 | $158,264 | $47,735 |
| 2 | $212,179 | $8,384 | -$5,050 | $156,411 | $55,768 |
| 3 | $218,544 | $8,694 | -$4,766 | $154,429 | $64,115 |
| 4 | $225,101 | $9,016 | -$4,473 | $152,312 | $72,789 |
| 5 | $231,854 | $9,349 | -$4,169 | $150,049 | $81,804 |
| 6 | $238,809 | $9,693 | -$3,854 | $147,631 | $91,178 |
| 7 | $245,974 | $10,049 | -$3,528 | $145,047 | $100,926 |
| 8 | $253,353 | $10,418 | -$3,190 | $142,286 | $111,067 |
| 9 | $260,953 | $10,799 | -$2,841 | $139,335 | $121,619 |
| 10 | $268,782 | $11,194 | -$2,479 | $136,181 | $132,601 |
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.