533-535 NE 67th St
Miami, FL 33138 · multi_family · For Sale · 26 days on market
Asking price$1,059,000
4 beds 4 baths 1,000 sqft
Suggested offer$348,430$710,570 above the est. market value of $348,430.
View on Realtor.com →Listed by Claudio Daniel · Coldwell Banker Realty
Typemulti_family
Built1948
Price / sqft$1059
Est. value (own analysis)$348,430
Rent estimate (building total, own analysis)$3,090/mo
HOANone
1 / 8
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Statusfor_sale
Listed date2026-08-07
Removed date—
MLSMiamiMLS #A12066959
Coordinates25.83758, -80.18572
Address533-535 NE 67th St
CityMiami
StateFL
Zip33138
Listing ID5583255446
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33138)
Typical home value (ZHVI)$806,988
Typical rent (ZORI)$2,367/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 | $1,059,000 |
| Down payment (20.0%) | $211,800 |
| Loan amount | $847,200 |
| Closing costs (5.0%) | $52,950 |
| Total cash to close | $264,750 |
| Income | |
| Rent (estimate) | $3,090$37,080 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,843$34,114 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,677$20,121 |
| Insurance (placeholder 0.8% of price) | $706$8,472 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $155$1,854 |
| Total operating expenses | $2,537$30,447 |
| 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) | $155$1,854 |
| 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 |
|---|---|---|---|---|---|---|---|
| multi_family | 4 | 2 | 1,686 | $3,400 | 2026-08-24 | — |
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 |
|---|---|---|---|---|---|---|
| 747 NE 72nd St | multi_family | 4 | 2 | 1,535 | $1,100,000 | 2026-06-24 |
| 6820 NE 5th Ave | multi_family | 4 | 4 | 2,350 | $965,500 | 2026-06-15 |
| 813 NE 81st St | multi_family | 4 | 2 | 3,123 | $1,150,000 | 2026-04-10 |
| 440 NE 71st St | multi_family | 4 | 2 | 2,016 | $662,500 | 2026-03-02 |
| 7530 NE 3rd Ave | multi_family | 4 | 2 | 1,448 | $430,000 | 2025-12-17 |
| 524 NE 71st St | multi_family | 4 | 2 | 2,150 | $690,000 | 2025-11-18 |
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 |
|---|---|---|---|---|---|---|
| 1085 NE 84th St | single_family | 4 | 3 | 1,925 | $1,299,000 | — |
| 670 NE 87th St | multi_family | 4 | 2 | 1,584 | $850,000 | — |
| 685 NE 81st St | single_family | 4 | 3 | 3,129 | $2,850,000 | — |
| 776 NE 74th St | single_family | 4 | 4 | 1,834 | $1,950,000 | — |
| 420 NE 62nd St Unit B | condos | 4 | 5 | 2,786 | $1,850,000 | — |
| 420 NE 62nd St Unit A | townhomes | 4 | 5 | 2,786 | $1,850,000 | — |
| 910 NE 81st St | single_family | 4 | 3 | 1,808 | $1,480,000 | — |
| 424 NE 72nd St | single_family | 4 | 2 | 1,884 | $985,000 | — |
10-year hold projection
IRR-6.1%
Equity multiple-0.03x
Total return (10yr)-$133,801
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,090,770 | $3,667 | -$63,519 | $838,014 | $252,756 |
| 2 | $1,123,493 | $3,929 | -$63,304 | $828,198 | $295,295 |
| 3 | $1,157,198 | $4,203 | -$63,077 | $817,708 | $339,490 |
| 4 | $1,191,914 | $4,489 | -$62,840 | $806,497 | $385,417 |
| 5 | $1,227,671 | $4,787 | -$62,591 | $794,516 | $433,155 |
| 6 | $1,264,501 | $5,099 | -$62,331 | $781,713 | $482,789 |
| 7 | $1,302,436 | $5,424 | -$62,058 | $768,030 | $534,407 |
| 8 | $1,341,510 | $5,764 | -$61,772 | $753,408 | $588,102 |
| 9 | $1,381,755 | $6,117 | -$61,474 | $737,781 | $643,974 |
| 10 | $1,423,207 | $6,486 | -$61,161 | $721,082 | $702,126 |
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.