8390 SW 2nd St
Miami, FL 33144 · single_family · For Sale · 15 days on market
Asking price$1,599,000
5 beds 6 baths 4,830 sqft
Listed by Alena Torres Salt · Cignos Real Estate, LLC.
Typesingle_family
Built1978
Price / sqft$331
Est. value (own analysis)$1,664,466
Rent estimate (own analysis)$14,975/mo
HOANone
1 / 73
Show every detail
Statusfor_sale
Listed date2026-08-18
Removed date—
MLSMiamiMLS #A12073421
Coordinates25.76747, -80.33193
Address8390 SW 2nd St
CityMiami
StateFL
Zip33144
Listing ID5505942374
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33144)
Typical home value (ZHVI)$626,128
Typical rent (ZORI)$2,322/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 | $1,599,000 |
| Down payment (20.0%) | $319,800 |
| Loan amount | $1,279,200 |
| Closing costs (5.0%) | $79,950 |
| Total cash to close | $399,750 |
| Income | |
| Rent (comp-derived) | $14,975$179,700 |
| Vacancy loss (8.0%) | |
| Effective gross income | $13,777$165,324 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,532$30,381 |
| Insurance (placeholder 0.8% of price) | $1,066$12,792 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $749$8,985 |
| Total operating expenses | $4,347$52,158 |
| 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) | $749$8,985 |
| 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 | 6 | 4,212 | $11,000 | 2026-08-19 | — | |
| single_family | 5 | 5 | 3,827 | $12,000 | 2026-08-15 | — | |
| single_family | 5 | 4 | 4,188 | $11,000 | 2026-08-10 | — | |
| single_family | 5 | 3 | 3,558 | $10,800 | 2026-07-25 | — | |
| single_family | 5 | 7 | 3,782 | $19,000 | 2026-07-23 | — | |
| single_family | 5 | 3 | 3,174 | $7,995 | 2026-07-06 | — | |
| single_family | 5 | 3 | 3,502 | $11,500 | 2026-07-06 | — | |
| single_family | 5 | 6 | 3,716 | $6,000 | 2026-07-02 | — | |
| single_family | 5 | 4 | 3,200 | $17,500 | 2026-07-01 | — | |
| single_family | 5 | 4 | 3,889 | $14,000 | 2026-06-29 | — | |
| single_family | 5 | 6 | 4,830 | $11,000 | 2026-06-26 | — | |
| single_family | 5 | 4 | 3,294 | $5,995 | 2026-08-24 | — | |
| single_family | 5 | 5 | 4,136 | $11,500 | 2026-06-24 | — | |
| single_family | 5 | 5 | 4,197 | $19,900 | 2026-06-17 | — | |
| single_family | 5 | 4 | 3,518 | $13,950 | 2026-06-17 | — | |
| single_family | 5 | 5 | 3,696 | $8,250 | 2026-06-05 | — | |
| single_family | 5 | 4 | 4,269 | $14,000 | 2026-06-05 | — | |
| single_family | 5 | 5 | 3,721 | $21,500 | 2026-05-27 | — | |
| single_family | 5 | 5 | 4,400 | $18,000 | 2026-05-26 | — | |
| single_family | 5 | 6 | 5,461 | $20,000 | 2026-05-21 | — | |
| single_family | 5 | 3 | 3,727 | $8,500 | 2026-05-13 | — | |
| single_family | 5 | 5 | 3,593 | $8,500 | 2026-08-03 | — | |
| single_family | 5 | 7 | 4,173 | $49,000 | 2026-07-28 | — | |
| single_family | 5 | 3 | 3,780 | $15,000 | 2024-10-29 | — | |
| single_family | 5 | 6 | 4,496 | $22,500 | 2025-10-06 | — | |
| single_family | 5 | 5 | 3,698 | $25,000 | 2025-11-17 | — | |
| single_family | 5 | 4 | 4,084 | $17,000 | 2025-11-14 | — | |
| single_family | 5 | 5 | 4,205 | $8,500 | 2025-08-26 | — | |
| single_family | 5 | 6 | 6,122 | $38,000 | 2026-04-14 | — | |
| single_family | 5 | 5 | 4,119 | $18,500 | 2026-04-01 | — | |
| single_family | 5 | 5 | 4,057 | $14,950 | 2026-04-20 | — | |
| single_family | 5 | 4 | 3,843 | $8,250 | — | — | |
| single_family | 5 | 3 | 4,185 | $15,000 | — | — | |
| single_family | 5 | 6 | 4,253 | $30,000 | — | — | |
| single_family | 5 | 5 | 3,629 | $25,000 | — | — | |
| single_family | 5 | 5 | 4,205 | $8,500 | 2025-11-27 | — | |
| single_family | 5 | 6 | 4,250 | $55,000 | 2025-11-16 | — | |
| single_family | 5 | 4 | 3,160 | $21,000 | 2026-08-27 | — | |
| single_family | 5 | 6 | 4,253 | $30,000 | 2025-11-24 | — | |
| single_family | 5 | 6 | 5,344 | $39,500 | 2026-08-25 | — |
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 |
|---|---|---|---|---|---|---|
| 1520 SW 86th Ct | single_family | 5 | 3 | 2,960 | $990,000 | 2026-06-08 |
| 935 SW 72nd Ave | single_family | 5 | 5 | 3,002 | $800,000 | 2026-05-26 |
| 6840 SW 3rd St | single_family | 5 | 3 | 2,100 | $745,000 | 2026-03-02 |
| 525 SW 68th Ave | single_family | 5 | 4 | 1,908 | $770,000 | 2025-12-16 |
| 8341 SW 12th Ter | single_family | 5 | 2 | — | $800,000 | 2025-10-14 |
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 |
|---|---|---|---|---|---|---|
| 701 Tamiami Canal Rd | single_family | 5 | 3 | 1,911 | $665,000 | — |
| 5735 SW 4th St | single_family | 5 | 3 | 2,335 | $869,990 | — |
| 31 SW 58th Ct | single_family | 5 | 4 | 1,600 | $674,999 | — |
| 114 SW 57th Ct | single_family | 5 | 4 | 2,280 | $920,000 | — |
| 521 SW 64th Ct | single_family | 5 | 4 | 2,205 | $749,000 | — |
| 1221 SW 74th Ct | single_family | 5 | 3 | 3,146 | $898,000 | — |
| 1130 SW 86th Ct | single_family | 5 | 4 | 3,177 | $2,380,000 | — |
| 7231 SW 6th St | single_family | 5 | 2 | 1,805 | $670,000 | — |
10-year hold projection
IRR12.2%
Equity multiple2.89x
Total return (10yr)$964,137
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,646,970 | $113,166 | $5,535 | $1,265,331 | $381,639 |
| 2 | $1,696,379 | $116,822 | $8,966 | $1,250,509 | $445,870 |
| 3 | $1,747,270 | $120,594 | $12,508 | $1,234,669 | $512,601 |
| 4 | $1,799,689 | $124,486 | $16,164 | $1,217,742 | $581,947 |
| 5 | $1,853,679 | $128,501 | $19,937 | $1,199,652 | $654,027 |
| 6 | $1,909,290 | $132,644 | $23,832 | $1,180,320 | $728,969 |
| 7 | $1,966,568 | $136,918 | $27,853 | $1,159,661 | $806,907 |
| 8 | $2,025,565 | $141,328 | $32,002 | $1,137,583 | $887,983 |
| 9 | $2,086,332 | $145,878 | $36,285 | $1,113,988 | $972,344 |
| 10 | $2,148,922 | $150,572 | $40,705 | $1,088,774 | $1,060,149 |
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.