7610 Dickens Ave
Miami Beach, FL 33141 · multi_family · For Sale · 35 days on market
Asking price$1,600,000
6 beds 4 baths 3,655 sqft
Suggested offer$1,314,630$285,370 above the est. market value of $1,314,630.
View on Realtor.com →Listed by Patricia Agudelo · COMPASS
Typemulti_family
Built1951
Price / sqft$438
Est. value (own analysis)$1,314,630
Rent estimate (building total, own analysis)$11,518/mo
HOANone
1 / 35
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Statusfor_sale
Listed date2026-07-29
Removed date—
MLSMiamiMLS #A12061274
Coordinates25.86136, -80.12574
Address7610 Dickens Ave
CityMiami Beach
StateFL
Zip33141
Listing ID5451751396
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33141)
Typical home value (ZHVI)$429,204
Typical rent (ZORI)$2,504/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 | $1,600,000 |
| Down payment (20.0%) | $320,000 |
| Loan amount | $1,280,000 |
| Closing costs (5.0%) | $80,000 |
| Total cash to close | $400,000 |
| Income | |
| Rent (estimate) | $11,518$138,214 |
| Vacancy loss (8.0%) | |
| Effective gross income | $10,596$127,157 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,533$30,400 |
| Insurance (placeholder 0.8% of price) | $1,067$12,800 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $576$6,911 |
| Total operating expenses | $4,176$50,111 |
| 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) | $576$6,911 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 630 79th St | multi_family | 6 | 4 | 4,306 | $1,200,000 | 2026-07-17 |
| 800 83rd St Apt 1 | multi_family | 6 | 6 | 3,428 | $1,300,000 | 2026-07-15 |
| 7885 Crespi Blvd | multi_family | 6 | 4 | 2,700 | $2,400,000 | 2026-07-14 |
| 8025 Crespi Blvd | multi_family | 6 | 6 | 4,704 | $1,600,000 | 2026-05-12 |
| 1657 N Treasure Dr Apt 4 | multi_family | 6 | 6 | 4,526 | $500,000 | 2026-04-08 |
| 7411 Carlyle Ave Apt 4 | multi_family | 6 | 6 | 2,961 | $1,499,000 | 2025-11-05 |
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 |
|---|---|---|---|---|---|---|
| 1170 71st St | multi_family | 6 | 5 | 3,759 | $1,299,000 | — |
| 7845 Atlantic Way | single_family | 6 | 9 | 6,350 | $40,000,000 | — |
| 570 S Shore Dr | single_family | 6 | 8 | 5,043 | $9,335,000 | — |
| 7811 Carlyle Ave | single_family | 6 | 6 | 3,405 | $2,590,000 | — |
| 470 S Shore Dr | single_family | 6 | 7 | 4,922 | $8,800,000 | — |
| 2120 Biarritz Dr | multi_family | 6 | 5 | 3,492 | $1,700,000 | — |
| 1460 S Treasure Dr | single_family | 6 | 7 | 6,816 | $10,999,999 | — |
| 955 79th Ter | multi_family | 6 | 4 | 2,728 | $1,500,000 | — |
10-year hold projection
IRR5.7%
Equity multiple1.91x
Total return (10yr)$572,618
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,648,000 | $77,046 | -$28,572 | $1,266,122 | $381,878 |
| 2 | $1,697,440 | $79,608 | -$26,183 | $1,251,291 | $446,149 |
| 3 | $1,748,363 | $82,253 | -$23,715 | $1,235,442 | $512,922 |
| 4 | $1,800,814 | $84,984 | -$21,165 | $1,218,504 | $582,310 |
| 5 | $1,854,839 | $87,804 | -$18,532 | $1,200,403 | $654,436 |
| 6 | $1,910,484 | $90,714 | -$15,812 | $1,181,059 | $729,425 |
| 7 | $1,967,798 | $93,719 | -$13,003 | $1,160,386 | $807,412 |
| 8 | $2,026,832 | $96,821 | -$10,101 | $1,138,294 | $888,538 |
| 9 | $2,087,637 | $100,024 | -$7,104 | $1,114,685 | $972,952 |
| 10 | $2,150,266 | $103,330 | -$4,008 | $1,089,455 | $1,060,811 |
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.