536 NW 48th St
Miami, FL 33127 · single_family · For Sale · 127 days on market
Asking price$2,299,000
5 beds 4 baths 3,056 sqft
Listed by Stefan Segall · COMPASS
Typesingle_family
Built2025
Price / sqft$752
Est. value (own analysis)$2,363,673
Rent estimate (own analysis)$6,500/mo
HOANone
1 / 59
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Statusfor_sale
Listed date2026-04-28
Removed date—
MLSMiamiMLS #A11987934
Coordinates25.81961, -80.20461
Address536 NW 48th St
CityMiami
StateFL
Zip33127
Listing ID5588665949
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33127)
Typical home value (ZHVI)$528,160
Typical rent (ZORI)$2,975/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 | $2,299,000 |
| Down payment (20.0%) | $459,800 |
| Loan amount | $1,839,200 |
| Closing costs (5.0%) | $114,950 |
| Total cash to close | $574,750 |
| Income | |
| Rent (comp-derived) | $6,500$78,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,980$71,760 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $3,640$43,681 |
| Insurance (placeholder 0.8% of price) | $1,533$18,392 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $325$3,900 |
| Total operating expenses | $5,498$65,973 |
| 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) | $325$3,900 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 3 | 1,986 | $12,900 | 2026-08-20 | — | |
| single_family | 5 | 4 | 1,986 | $6,500 | 2026-07-08 | — | |
| single_family | 5 | 2 | 1,747 | $3,600 | 2026-06-24 | — | |
| single_family | 5 | 3 | 2,091 | $6,999 | 2026-05-11 | — | |
| single_family | 5 | 4 | 1,334 | $5,900 | 2026-07-27 | — | |
| single_family | 5 | 3 | 1,940 | $18,000 | 2026-08-25 | — | |
| single_family | 5 | 2 | 1,500 | $4,400 | — | — |
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 |
|---|---|---|---|---|---|---|
| 37 NW 47th Ter | single_family | 5 | 3 | 2,346 | $920,000 | 2026-05-15 |
| 4235 NW 1st Ave | single_family | 5 | 6 | 4,008 | $3,100,000 | 2026-05-07 |
| 660 NW 43rd St | single_family | 5 | 3 | 1,385 | $275,000 | 2026-03-06 |
| 121 NW 41st St | single_family | 5 | 2 | 2,266 | $2,000,000 | 2026-01-29 |
| 520 NW 41st St | single_family | 5 | 3 | 2,017 | $1,650,000 | 2026-01-29 |
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 |
|---|---|---|---|---|---|---|
| 760-762 NW 52nd St | multi_family | 5 | 2 | 1,513 | $685,000 | — |
| 4131 NW 11th Pl | single_family | 5 | 4 | 1,432 | $720,000 | — |
| 1143 NW 27th St | single_family | 5 | 4 | 2,128 | $650,000 | — |
| 3315 NW 11th Ave | single_family | 5 | 3 | 2,350 | $600,000 | — |
| 111 NW 53rd St | single_family | 5 | 3 | 1,578 | $1,169,000 | — |
| 121 NW 53rd St | single_family | 5 | 3 | 1,779 | $1,169,000 | — |
| 280 NW 47th St | single_family | 5 | 6 | 3,567 | $3,249,000 | — |
| 260 NW 47th St | single_family | 5 | 7 | 3,476 | $3,350,000 | — |
10-year hold projection
IRR-6.4%
Equity multiple-0.07x
Total return (10yr)-$314,015
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $2,367,970 | $5,787 | -$139,943 | $1,819,259 | $548,711 |
| 2 | $2,439,009 | $6,290 | -$139,537 | $1,797,949 | $641,060 |
| 3 | $2,512,179 | $6,817 | -$139,110 | $1,775,175 | $737,004 |
| 4 | $2,587,545 | $7,368 | -$138,662 | $1,750,837 | $836,707 |
| 5 | $2,665,171 | $7,945 | -$138,190 | $1,724,828 | $940,343 |
| 6 | $2,745,126 | $8,547 | -$137,696 | $1,697,033 | $1,048,093 |
| 7 | $2,827,480 | $9,177 | -$137,176 | $1,667,330 | $1,160,150 |
| 8 | $2,912,304 | $9,835 | -$136,632 | $1,635,586 | $1,276,718 |
| 9 | $2,999,674 | $10,522 | -$136,060 | $1,601,663 | $1,398,011 |
| 10 | $3,089,664 | $11,239 | -$135,462 | $1,565,410 | $1,524,254 |
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.