5181 NW 5th St
Miami, FL 33126 · multi_family · For Sale · 227 days on market
Asking price$730,999
4 beds 2 baths 1,806 sqft
Suggested offer$694,615$36,384 above the est. market value of $694,615.
View on Realtor.com →Listed by DANETT MARANTE · International Unlimited Realty
Typemulti_family
Built1959
Price / sqft$405
Est. value (own analysis)$694,615
Rent estimate (building total, own analysis)$4,912/mo
HOANone
1 / 8
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Statusfor_sale
Listed date2026-01-19
Removed date—
MLSMiamiMLS #A11948079
Coordinates25.77726, -80.27980
Address5181 NW 5th St
CityMiami
StateFL
Zip33126
Listing ID5599279801
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33126)
Typical home value (ZHVI)$303,717
Typical rent (ZORI)$2,370/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 | $730,999 |
| Down payment (20.0%) | $146,200 |
| Loan amount | $584,799 |
| Closing costs (5.0%) | $36,550 |
| Total cash to close | $182,750 |
| Income | |
| Rent (estimate) | $4,912$58,948 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,519$54,232 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,157$13,889 |
| Insurance (placeholder 0.8% of price) | $487$5,848 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $246$2,947 |
| Total operating expenses | $1,890$22,684 |
| 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) | $246$2,947 |
| 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 |
|---|---|---|---|---|---|---|
| 280 NW 41st Ave | multi_family | 4 | 2 | 1,680 | $650,000 | 2026-06-29 |
| 445 NW 45th Ave | multi_family | 4 | 2 | 3,635 | $900,000 | 2026-03-02 |
| 93 NW 75th Ave | multi_family | 4 | 2 | 2,398 | $781,000 | 2026-01-20 |
| 100 NW 43rd Pl | multi_family | 4 | 2 | 1,820 | $700,000 | 2025-12-26 |
| 1050 NW 43rd Ave | multi_family | 4 | 2 | 1,325 | $610,000 | 2025-09-25 |
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 |
|---|---|---|---|---|---|---|
| 30 NW 56th Ct | multi_family | 4 | 2 | 1,450 | $725,000 | — |
| 7239 NW Third St | multi_family | 4 | 3 | 1,480 | $770,000 | — |
| 6100 NW 2nd St | single_family | 4 | 3 | 1,836 | $850,000 | — |
| 321 NW 56th Ave | single_family | 4 | 3 | 1,345 | $800,000 | — |
| 6060 NW 7th St | single_family | 4 | 2 | 1,168 | $475,000 | — |
| 4074 NW 4th St | single_family | 4 | 3 | 1,506 | $644,000 | — |
| 4518 NW 4th St | townhomes | 4 | 4 | 3,180 | $770,000 | — |
| 8408 NW 8th St Unit 8408 | townhomes | 4 | 3 | 1,794 | $610,000 | — |
10-year hold projection
IRR4.3%
Equity multiple1.69x
Total return (10yr)$222,036
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $752,929 | $31,548 | -$16,497 | $578,459 | $174,470 |
| 2 | $775,517 | $32,608 | -$15,511 | $571,683 | $203,834 |
| 3 | $798,782 | $33,702 | -$14,492 | $564,441 | $234,341 |
| 4 | $822,746 | $34,832 | -$13,439 | $556,703 | $266,043 |
| 5 | $847,428 | $35,999 | -$12,351 | $548,433 | $298,995 |
| 6 | $872,851 | $37,204 | -$11,227 | $539,595 | $333,256 |
| 7 | $899,037 | $38,449 | -$10,066 | $530,150 | $368,886 |
| 8 | $926,008 | $39,734 | -$8,867 | $520,057 | $405,951 |
| 9 | $953,788 | $41,061 | -$7,627 | $509,270 | $444,518 |
| 10 | $982,402 | $42,431 | -$6,347 | $497,743 | $484,658 |
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.