2783 2785 Sw 33rd Ct
Miami, FL 33133 · multi_family · For Sale · 321 days on market
Asking price$999,000
3 beds 2 baths 1,280 sqft
Suggested offer$610,227$388,773 above the est. market value of $610,227.
View on Realtor.com →Listed by Asdrubal Faneite · Xcellence Realty
Typemulti_family
Built1956
Price / sqft$780
Est. value (own analysis)$610,227
Rent estimate (building total, own analysis)$5,525/mo
HOANone
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Statusfor_sale
Listed date2025-10-16
Removed date—
MLSMiamiMLS #A11897423
Coordinates25.73953, -80.24851
Address2783 2785 Sw 33rd Ct
CityMiami
StateFL
Zip33133
Listing ID5617391049
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33133)
Typical home value (ZHVI)$1,352,044
Typical rent (ZORI)$3,793/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 | $999,000 |
| Down payment (20.0%) | $199,800 |
| Loan amount | $799,200 |
| Closing costs (5.0%) | $49,950 |
| Total cash to close | $249,750 |
| Income | |
| Rent (estimate) | $5,525$66,299 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,083$60,995 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,582$18,981 |
| Insurance (placeholder 0.8% of price) | $666$7,992 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $276$3,315 |
| Total operating expenses | $2,524$30,288 |
| 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) | $276$3,315 |
| 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 |
|---|---|---|---|---|---|---|---|
| multi_family | 3 | 2 | 1,760 | $4,350 | — | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 2221 SW 26th Ln | multi_family | — | — | 2,200 | $1,225,000 | 2026-08-24 |
| 3374 Day Ave | multi_family | 6 | 4 | 3,570 | $1,450,000 | 2026-08-07 |
| 2893 SW 32nd Ct | multi_family | — | — | 2,132 | $1,000,000 | 2026-07-30 |
| 2791 SW 34th Ct | multi_family | — | — | 1,400 | $860,000 | 2026-07-25 |
| 2625 SW 29th Ave | multi_family | — | — | 1,344 | $675,000 | 2026-07-13 |
| 3520 SW 25th St | multi_family | 6 | 4 | 2,380 | $1,175,000 | 2026-07-01 |
| 2644 SW 28th Ct | multi_family | — | — | 1,344 | $555,000 | 2026-06-29 |
| 3268 Gifford Ln | multi_family | 6 | 4 | 3,888 | $1,640,000 | 2026-06-26 |
| 2724 SW 34th Ave | multi_family | 4 | 4 | 2,056 | $790,000 | 2026-06-12 |
| 3631 SW 27th St | multi_family | — | — | 2,720 | $995,000 | 2026-06-12 |
| 3170 Carter St | multi_family | 4 | 2 | 1,225 | $1,144,000 | 2026-06-02 |
| 2615 SW 32nd Ave | multi_family | — | — | 1,864 | $650,000 | 2026-06-01 |
| 2955 Bird Ave | multi_family | — | — | 8,412 | $4,075,000 | 2026-05-08 |
| 2934 W Trade Ave Unit B | multi_family | 2 | 2 | 1,175 | $800,000 | 2026-04-17 |
| 3239 SW 25th Ter | multi_family | 3 | 2 | 1,507 | $460,000 | 2026-04-14 |
| 2826-2828 SW 32nd Ct | multi_family | — | — | 2,980 | $940,000 | 2026-04-14 |
| 3134 Hibiscus St | multi_family | — | — | 1,986 | $1,000,000 | 2026-04-10 |
| 2671 SW 30th Ave | multi_family | — | — | 1,680 | $875,736 | 2026-03-03 |
| 3462 SW 27th St | multi_family | — | — | 1,716 | $700,000 | 2026-02-25 |
| 2645 SW 28th Ct | multi_family | — | — | 2,160 | $820,000 | 2026-02-17 |
| 3156 Plaza St | multi_family | 6 | 4 | 4,808 | $1,000,000 | 2026-02-12 |
| 2946 SW 26th St | multi_family | 3 | 1 | 2,174 | $950,000 | 2026-02-09 |
| 6665663579 | multi_family | — | — | — | $1,850,000 | 2026-02-02 |
| 3253 Percival Ave | multi_family | 6 | 4 | 4,040 | $2,000,000 | 2026-01-07 |
| 3586 Main Hwy | multi_family | 4 | — | 2,389 | $2,550,000 | 2026-01-06 |
| 2615 SW 32nd Ct | multi_family | 5 | 3 | 2,520 | $790,000 | 2026-01-06 |
| 3130 Plaza St | multi_family | 2 | 2 | 1,018 | $1,550,000 | 2025-12-30 |
| 2633 SW 34th Ave | multi_family | — | — | 1,302 | $680,000 | 2025-12-22 |
| 3615 SW 25th Ter | multi_family | 4 | 2 | 1,653 | $284,500 | 2025-12-18 |
| 3411 SW 27th St | multi_family | — | — | 3,630 | $1,135,000 | 2025-11-07 |
| 3690 SW 28th St | multi_family | 4 | 2 | 1,320 | $925,000 | 2025-10-22 |
| 3171 McDonald St | multi_family | — | — | 1,416 | $1,510,000 | 2025-10-21 |
| 3181 McDonald St | multi_family | — | — | 1,500 | $2,265,000 | 2025-10-21 |
| 3191 Day Ave | multi_family | — | — | 1,580 | $2,115,000 | 2025-10-21 |
| 3151 McDonald St | multi_family | — | — | 1,400 | $1,510,000 | 2025-10-21 |
| 2798 SW 33rd Ave | multi_family | — | — | 2,688 | $650,000 | 2025-09-30 |
| 3156-3158 SW 27 St | multi_family | — | — | 1,929 | $837,000 | 2025-09-05 |
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 |
|---|---|---|---|---|---|---|
| 3350 SW 27th Ave Apt 1802 | condos | 3 | 3 | 2,522 | $3,100,000 | — |
| 3 Grove Isle Dr Unit C410 | condos | 3 | 3 | 2,424 | $2,695,000 | — |
| 2678 Tigertail Ave Apt 401 | condos | 3 | 4 | 1,811 | $3,250,000 | — |
| 2901 S Bayshore Dr Apt 1B | condos | 3 | 2 | 1,587 | $1,985,000 | — |
| 3431 SW 25th St | single_family | 3 | 2 | 1,296 | $740,000 | — |
| 2155 SW 25th Ter | single_family | 3 | 3 | 1,628 | $1,429,000 | — |
| 2678 Tigertail Ave Apt 1806 | condos | 3 | 4 | 2,058 | $3,995,000 | — |
| 2 Grove Isle Dr Unit B1109 | condos | 3 | 3 | 2,614 | $2,900,000 | — |
10-year hold projection
IRR0.9%
Equity multiple1.15x
Total return (10yr)$169,012
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,028,970 | $30,707 | -$34,238 | $790,535 | $238,435 |
| 2 | $1,059,839 | $31,780 | -$33,249 | $781,275 | $278,564 |
| 3 | $1,091,634 | $32,888 | -$32,225 | $771,379 | $320,255 |
| 4 | $1,124,383 | $34,034 | -$31,166 | $760,803 | $363,580 |
| 5 | $1,158,115 | $35,218 | -$30,071 | $749,502 | $408,613 |
| 6 | $1,192,858 | $36,442 | -$28,939 | $737,424 | $455,435 |
| 7 | $1,228,644 | $37,706 | -$27,768 | $724,516 | $504,128 |
| 8 | $1,265,503 | $39,013 | -$26,558 | $710,723 | $554,781 |
| 9 | $1,303,468 | $40,364 | -$25,306 | $695,982 | $607,487 |
| 10 | $1,342,572 | $41,759 | -$24,011 | $680,229 | $662,344 |
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.