9350 W Flagler St Unit 105A
Miami, FL 33174 · condos · For Sale · 198 days on market
Asking price$225,000
1 beds 1 baths 614 sqft
Suggested offer$222,311$2,689 above the est. market value of $222,311.
View on Realtor.com →Listed by Lopez Realty Company · Lopez Realty Co.
Typecondos
Built1974
Price / sqft$366
Est. value (own analysis)$222,311
Rent estimate (own analysis)$1,750/mo
HOA$209/mo
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Statusfor_sale
Listed date2026-02-16
Removed date—
MLSMiamiMLS #A11960836
Coordinates25.76731, -80.34816
Address9350 W Flagler St Unit 105A
CityMiami
StateFL
Zip33174
Listing ID5586958533
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33174)
Typical home value (ZHVI)$448,390
Typical rent (ZORI)$2,762/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 | $225,000 |
| Down payment (20.0%) | $45,000 |
| Loan amount | $180,000 |
| Closing costs (5.0%) | $11,250 |
| Total cash to close | $56,250 |
| Income | |
| Rent (comp-derived) | $1,750$21,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,610$19,320 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $356$4,275 |
| Insurance (placeholder 0.8% of price) | $150$1,800 |
| HOA dues | $209$2,508 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $88$1,050 |
| Total operating expenses | $803$9,633 |
| 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) | $88$1,050 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 1 | 1 | 667 | $1,750 | 2026-08-10 | — | |
| condos | 1 | 1 | 614 | $1,750 | 2026-08-08 | — | |
| condos | 1 | 1 | 614 | $1,800 | 2026-05-06 | — | |
| condos | 1 | 1 | 465 | $1,725 | 2026-03-25 | — | |
| condos | 1 | 1 | 776 | $2,000 | 2026-08-23 | — | |
| condos | 1 | 1 | 667 | $1,725 | 2026-08-25 | — | |
| apartment | 1 | 1 | 640 | $1,954 | — | — | |
| apartment | 1 | 1 | 640 | $1,969 | — | — | |
| apartment | 1 | 1 | 700 | $1,600 | 2026-08-27 | — |
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 |
|---|---|---|---|---|---|---|
| 9520 SW 8th St Apt 121 | condos | 1 | 1 | 641 | $240,000 | 2026-09-01 |
| 9520 SW 8th St Apt 119 | condos | 1 | 1 | 641 | $225,000 | 2026-04-27 |
| 9405 W Flagler St Apt D205 | condos | 1 | 1 | 465 | $150,000 | 2026-01-23 |
| 8764 SW 12th St Apt 107 | condos | 1 | 1 | 670 | $250,000 | 2025-11-20 |
| 10745 SW 3rd St Apt 8 | condos | 1 | 1 | 640 | $165,000 | 2025-10-17 |
| 8788 SW 12th St Apt 103 | condos | 1 | 1 | 670 | $252,500 | 2025-10-15 |
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 |
|---|---|---|---|---|---|---|
| condos | 1 | 1 | 667 | $190,000 | — | |
| 9310 W Flagler St Apt 110A | condos | 1 | 1 | 614 | $239,900 | — |
| 9401 SW 4th St Apt 104 | condos | 1 | 1 | 776 | $185,000 | — |
| 9520 SW 8th St Apt 121 | condos | 1 | 1 | 641 | $240,000 | — |
| 9405 W Flagler St Apt D105 | condos | 1 | 1 | 465 | $230,000 | — |
| 9411 SW 4th St Apt 404 | condos | 1 | 1 | 776 | $190,000 | — |
10-year hold projection
IRR4.2%
Equity multiple1.67x
Total return (10yr)$67,166
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $231,750 | $9,687 | -$5,244 | $178,048 | $53,702 |
| 2 | $238,703 | $10,026 | -$4,931 | $175,963 | $62,740 |
| 3 | $245,864 | $10,376 | -$4,608 | $173,734 | $72,130 |
| 4 | $253,239 | $10,738 | -$4,274 | $171,352 | $81,888 |
| 5 | $260,837 | $11,112 | -$3,928 | $168,806 | $92,030 |
| 6 | $268,662 | $11,498 | -$3,570 | $166,086 | $102,576 |
| 7 | $276,722 | $11,898 | -$3,201 | $163,179 | $113,543 |
| 8 | $285,023 | $12,311 | -$2,818 | $160,072 | $124,951 |
| 9 | $293,574 | $12,737 | -$2,423 | $156,752 | $136,822 |
| 10 | $302,381 | $13,178 | -$2,014 | $153,204 | $149,177 |
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.