2140 NW 1st Ter
Miami, FL 33125 · multi_family · For Sale · 121 days on market
Asking price$695,000
— beds — baths 2,000 sqft
Suggested offer$675,477$19,523 above the est. market value of $675,477.
View on Realtor.com →Listed by Alejandro Patino · Lexico Realty Inc
Typemulti_family
Built1951
Price / sqft$348
Est. value (own analysis)$675,477
Rent estimate (building total, own analysis)$5,720/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-05-04
Removed date—
MLSMiamiMLS #A12012527
Coordinates25.77456, -80.22997
Address2140 NW 1st Ter
CityMiami
StateFL
Zip33125
Listing ID5587801891
Sourceus-real-estate-listings, cached 2026-08-25
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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 | $695,000 |
| Down payment (20.0%) | $139,000 |
| Loan amount | $556,000 |
| Closing costs (5.0%) | $34,750 |
| Total cash to close | $173,750 |
| Income | |
| Rent (estimate) | $5,720$68,640 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,262$63,149 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,100$13,205 |
| Insurance (est. scaled by flood & wind risk) | $811$9,730 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $286$3,432 |
| Total operating expenses | $2,197$26,367 |
| 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) | $286$3,432 |
| 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 |
|---|---|---|---|---|---|---|
| 745 NW 32nd Ave | multi_family | — | — | 2,187 | $595,000 | 2026-08-17 |
| 460 NW 25th Ct | multi_family | 4 | 2 | 1,584 | $424,000 | 2026-08-12 |
| 1874 NW 19th St | multi_family | — | — | 1,450 | $515,000 | 2026-08-10 |
| 1330 NW 5th St | multi_family | 5 | 5 | 2,690 | $1,100,000 | 2026-08-07 |
| 1040 NW 23rd Ct | multi_family | — | — | 1,758 | $735,000 | 2026-08-06 |
| 119 NW 17th Pl | multi_family | 6 | 4 | 2,248 | $900,000 | 2026-07-31 |
| 149 NW 17th Pl | multi_family | — | — | 1,880 | $735,000 | 2026-07-16 |
| 1953 NW 3rd St | multi_family | 6 | 4 | 2,886 | $850,000 | 2026-07-15 |
| 426 NW 13th Ave Apt 2 | multi_family | 8 | 4 | 3,722 | $1,283,000 | 2026-07-13 |
| 1810 NW 3rd St | multi_family | 6 | 4 | 2,034 | $799,000 | 2026-07-09 |
| 1851 NW 22nd Ct | multi_family | 4 | 4 | 1,995 | $570,000 | 2026-07-07 |
| 1800 NW 18th Ter | multi_family | — | — | 2,636 | $800,000 | 2026-07-06 |
| 6947482638 | multi_family | — | — | 3,002 | $680,000 | 2026-06-22 |
| 911 NW 22nd Pl | multi_family | 8 | — | 3,244 | $900,000 | 2026-06-22 |
| 1790 NW 19th St | multi_family | — | — | 1,690 | $659,000 | 2026-06-12 |
| 5911202681 | multi_family | — | — | 1,821 | $460,000 | 2026-06-11 |
| 836 NW 33rd Ave | multi_family | — | — | 4,151 | $1,350,000 | 2026-06-09 |
| 330 NW 23rd Ct | multi_family | — | — | 1,404 | $575,000 | 2026-06-08 |
| 226 NW 16th Ave | multi_family | 5 | 1 | 2,637 | $470,000 | 2026-06-03 |
| 1229 NW 5th St | multi_family | 8 | 8 | 2,964 | $1,400,000 | 2026-06-02 |
| 1237 NW 5th St | multi_family | 8 | 5 | 2,759 | $1,400,000 | 2026-06-02 |
| 330 NW 25th Ave | multi_family | — | — | 1,926 | $561,225 | 2026-06-02 |
| 1397 NW 28th Ave | multi_family | 4 | 4 | 3,184 | $900,000 | 2026-06-01 |
| 1342 NW 1st St | multi_family | 4 | 2 | 1,950 | $640,000 | 2026-05-27 |
| 1621 NW 16th St | multi_family | — | — | 3,728 | $1,400,000 | 2026-05-26 |
| 1429 NW 2nd St | multi_family | 8 | 6 | 4,086 | $1,380,000 | 2026-05-14 |
| 2223 NW 3rd St | multi_family | — | — | 1,521 | $438,500 | 2026-05-14 |
| 1976 NW 25th Ave | multi_family | — | — | 4,492 | $365,000 | 2026-05-12 |
| 928 NW 23rd Ct | multi_family | 3 | 2 | 1,516 | $799,000 | 2026-05-11 |
| 2151 NW 1st Ter | multi_family | — | — | — | $1,263,500 | 2026-05-06 |
| 1801 NW 5th St | multi_family | — | — | 2,052 | $700,000 | 2026-05-01 |
| 1001 NW 36th Ave | multi_family | 6 | 6 | 2,688 | $967,200 | 2026-04-24 |
| 2029 NW 5th St | multi_family | 5 | 1 | 2,532 | $605,000 | 2026-04-21 |
| 1716 NW 19th St | multi_family | — | — | 4,952 | $1,800,000 | 2026-03-25 |
| 1011 NW 33rd Ave | multi_family | — | — | 2,876 | $745,000 | 2026-03-20 |
| 601 NW 23rd Ct | multi_family | 2 | 2 | 1,294 | $500,000 | 2026-03-10 |
| 1361 NW 6th St | multi_family | 4 | 3 | 1,992 | $1,413,000 | 2026-03-05 |
| 3436 NW 2nd St | multi_family | — | — | 2,842 | $700,000 | 2026-03-02 |
| 1209 NW 33rd Ave | multi_family | 5 | 3 | 2,650 | $675,000 | 2026-02-27 |
| 954 NW 34th Ave | multi_family | 4 | 4 | 2,066 | $805,000 | 2026-02-26 |
| 5362550731 | multi_family | — | — | 2,524 | $940,000 | 2026-01-26 |
| 1011 NW 27th Ct | multi_family | — | — | 1,773 | $627,500 | 2026-01-23 |
| 1520 NW 1st St | multi_family | 10 | 4 | 7,238 | $1,450,000 | 2025-12-31 |
| 1971 NW 24th Ct | multi_family | 6 | 2 | 2,404 | $750,000 | 2025-12-22 |
| 1027 NW 28th Ave | multi_family | — | — | 1,992 | $825,000 | 2025-12-10 |
| 2402 NW 11th St | multi_family | 2 | 2 | 1,141 | $226,300 | 2025-11-21 |
| 3681 NW 14th St | multi_family | 3 | 2 | 1,204 | $372,000 | 2025-11-18 |
| 3281 NW 14th Ter | multi_family | 6 | 3 | 2,473 | $715,000 | 2025-11-17 |
| 1991 NW 32nd Ave | multi_family | — | 8 | 4,541 | $1,850,000 | 2025-11-14 |
| 132 NW 18th Ave | multi_family | — | — | 2,126 | $765,000 | 2025-11-12 |
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.
No other cached listings nearby for this bedroom count yet.
10-year hold projection
IRR7.0%
Equity multiple2.11x
Total return (10yr)$283,110
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $715,850 | $36,782 | -$9,526 | $549,972 | $165,878 |
| 2 | $737,326 | $38,017 | -$8,377 | $543,529 | $193,796 |
| 3 | $759,445 | $39,293 | -$7,189 | $536,645 | $222,801 |
| 4 | $782,229 | $40,610 | -$5,962 | $529,287 | $252,941 |
| 5 | $805,695 | $41,970 | -$4,694 | $521,424 | $284,271 |
| 6 | $829,866 | $43,375 | -$3,384 | $513,022 | $316,845 |
| 7 | $854,762 | $44,825 | -$2,031 | $504,042 | $350,720 |
| 8 | $880,405 | $46,323 | -$633 | $494,446 | $385,959 |
| 9 | $906,817 | $47,869 | $812 | $484,190 | $422,627 |
| 10 | $934,022 | $49,466 | $2,304 | $473,231 | $460,791 |
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.