7538 SW 64th St
Miami, FL 33143 · single_family · For Sale · 224 days on market
Asking price$5,400,000
7 beds 8 baths 7,395 sqft
Listed by Anthony Askowitz, P.A. · RE/MAX Advance Realty II
Typesingle_family
Built2008
Price / sqft$730
Est. value (own analysis)$10,120,894
Rent estimate (own analysis)$25,000/mo
HOANone
Wind10/10Extreme$Air2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-01-21
Removed date—
MLSMiamiMLS #A11940956
Coordinates25.70972, -80.31669
Address7538 SW 64th St
CityMiami
StateFL
Zip33143
Listing ID5600457638
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33143)
Typical home value (ZHVI)$957,553
Typical rent (ZORI)$2,761/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 | $5,400,000 |
| Down payment (20.0%) | $1,080,000 |
| Loan amount | $4,320,000 |
| Closing costs (5.0%) | $270,000 |
| Total cash to close | $1,350,000 |
| Income | |
| Rent (comp-derived) | $25,000$300,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $23,000$276,000 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $8,550$102,600 |
| Insurance (est. scaled by flood & wind risk) | $5,400$64,800 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,250$15,000 |
| Total operating expenses | $15,200$182,400 |
| 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) | $1,250$15,000 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 7 | 7 | 5,119 | $13,990 | 2026-06-17 | — | |
| single_family | 7 | 9 | 5,797 | $27,000 | 2026-07-29 | — | |
| single_family | 7 | 7 | 8,000 | $25,000 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 5545 SW 81st Ter | single_family | 7 | 8 | — | $18,850,000 | 2026-06-23 |
| 8301 SW 53rd Ave | single_family | 7 | 8 | 6,702 | $12,550,000 | 2026-06-18 |
| 4780 SW 86th Ter | single_family | 7 | 9 | 9,909 | $15,000,000 | 2026-05-22 |
| 7420 SW 52nd Ave | single_family | 7 | 6 | 6,138 | $7,650,000 | 2026-04-09 |
| 4845 SW 78th St | single_family | 7 | 7 | 8,038 | $8,800,000 | 2026-03-03 |
| 104 Paloma Dr | single_family | 7 | 7 | 6,576 | $9,000,000 | 2026-02-06 |
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 |
|---|---|---|---|---|---|---|
| 7745 SW 54th Ave | single_family | 7 | 9 | 5,797 | $5,395,000 | — |
| 7930 SW 52nd Ct | single_family | 7 | 8 | 5,452 | $5,650,000 | — |
| 7855 SW 83rd Ct | single_family | 7 | 7 | 7,831 | $5,395,000 | — |
| 4640 Sunset Dr | single_family | 7 | 9 | 7,339 | $11,200,000 | — |
| 7910 SW 73rd Ct | single_family | 7 | 4 | 3,667 | $2,600,000 | — |
| 8400 SW 52nd Ave | single_family | 7 | 8 | 6,495 | $8,270,000 | — |
| 8010 Ponce De Leon Rd | single_family | 7 | 8 | 6,962 | $9,795,000 | — |
| 5095 SW 82nd St | single_family | 7 | 10 | 10,693 | $24,500,000 | — |
10-year hold projection
IRR-2.6%
Equity multiple0.57x
Total return (10yr)$121,346
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $5,562,000 | $93,600 | -$254,538 | $4,273,162 | $1,288,838 |
| 2 | $5,728,860 | $97,320 | -$251,193 | $4,223,107 | $1,505,753 |
| 3 | $5,900,726 | $101,174 | -$247,723 | $4,169,615 | $1,731,111 |
| 4 | $6,077,748 | $105,168 | -$244,123 | $4,112,449 | $1,965,298 |
| 5 | $6,260,080 | $109,305 | -$240,390 | $4,051,358 | $2,208,722 |
| 6 | $6,447,882 | $113,591 | -$236,518 | $3,986,072 | $2,461,811 |
| 7 | $6,641,319 | $118,030 | -$232,503 | $3,916,302 | $2,725,017 |
| 8 | $6,840,558 | $122,629 | -$228,339 | $3,841,742 | $2,998,817 |
| 9 | $7,045,775 | $127,392 | -$224,022 | $3,762,061 | $3,283,714 |
| 10 | $7,257,148 | $132,325 | -$219,546 | $3,676,908 | $3,580,240 |
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.