470 NW 52nd Ave
Miami, FL 33126 · multi_family · For Sale · 26 days on market
Asking price$775,000
5 beds 4 baths 2,299 sqft
Suggested offer$625,578$149,422 above the est. market value of $625,578.
View on Realtor.com →Listed by Kathrin Rein · Keller Williams Miami Beach
Typemulti_family
Built1966
Price / sqft$337
Est. value (own analysis)$625,578
Rent estimate (building total, own analysis)$6,253/mo
HOANone
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Statusfor_sale
Listed date2026-08-08
Removed date—
MLSMiamiMLS #A12066323
Coordinates25.77656, -80.28034
Address470 NW 52nd Ave
CityMiami
StateFL
Zip33126
Listing ID5476997589
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33126)
Typical home value (ZHVI)$303,717
Typical rent (ZORI)$2,370/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 | $775,000 |
| Down payment (20.0%) | $155,000 |
| Loan amount | $620,000 |
| Closing costs (5.0%) | $38,750 |
| Total cash to close | $193,750 |
| Income | |
| Rent (estimate) | $6,253$75,039 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,753$69,036 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,227$14,725 |
| Insurance (placeholder 0.8% of price) | $517$6,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $313$3,752 |
| Total operating expenses | $2,056$24,677 |
| 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) | $313$3,752 |
| 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 |
|---|---|---|---|---|---|---|
| 4736 NW Flagler Ter | multi_family | 5 | 3 | 1,920 | $575,000 | 2026-08-11 |
| 4335 NW 3rd St | multi_family | 5 | 2 | 2,509 | $285,000 | 2026-05-29 |
| 214 NW 55th Ct | multi_family | 5 | 3 | 2,352 | $640,000 | 2026-05-12 |
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 |
|---|---|---|---|---|---|---|
| 3801 NW 2nd St | single_family | 5 | 4 | 1,130 | $555,000 | — |
| 247 NW 51st Ave | multi_family | 5 | 3 | 1,998 | $875,000 | — |
| 8657 NW 2nd St | single_family | 5 | 3 | 1,585 | $757,000 | — |
| 4850 NW 6th St | multi_family | 5 | 4 | 2,872 | $799,000 | — |
10-year hold projection
IRR8.3%
Equity multiple2.30x
Total return (10yr)$353,639
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $798,250 | $44,359 | -$7,204 | $613,278 | $184,972 |
| 2 | $822,198 | $45,813 | -$5,844 | $606,094 | $216,104 |
| 3 | $846,863 | $47,314 | -$4,439 | $598,417 | $248,447 |
| 4 | $872,269 | $48,863 | -$2,989 | $590,212 | $282,057 |
| 5 | $898,437 | $50,462 | -$1,491 | $581,445 | $316,993 |
| 6 | $925,391 | $52,112 | $56 | $572,075 | $353,316 |
| 7 | $953,152 | $53,815 | $1,653 | $562,062 | $391,091 |
| 8 | $981,747 | $55,573 | $3,301 | $551,361 | $430,386 |
| 9 | $1,011,199 | $57,387 | $5,004 | $539,925 | $471,274 |
| 10 | $1,041,535 | $59,258 | $6,761 | $527,704 | $513,831 |
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.