7111 SW 129th Ave Apt 6
Miami, FL 33183 · condos · For Sale · 190 days on market
Asking price$259,000
2 beds 2 baths 810 sqft
Suggested offer$198,329$60,672 above the est. market value of $198,329.
View on Realtor.com →Listed by Dominic Rivera · Pine River Realty, LLC.
Typecondos
Built1992
Price / sqft$320
Est. value (own analysis)$198,329
Rent estimate (own analysis)$2,200/mo
HOA$400/mo
Wind10/10Extreme$Flood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-02-24
Removed date—
MLSMiamiMLS #A11971226
Coordinates25.70091, -80.40250
Address7111 SW 129th Ave Apt 6
CityMiami
StateFL
Zip33183
Listing ID5639033576
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33183)
Typical home value (ZHVI)$399,570
Typical rent (ZORI)$2,514/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 | $259,000 |
| Down payment (20.0%) | $51,800 |
| Loan amount | $207,200 |
| Closing costs (5.0%) | $12,950 |
| Total cash to close | $64,750 |
| Income | |
| Rent (comp-derived) | $2,200$26,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,024$24,288 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $410$4,921 |
| Insurance (est. scaled by flood & wind risk) | $276$3,315 |
| HOA dues | $400$4,800 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $110$1,320 |
| Total operating expenses | $1,196$14,356 |
| 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) | $110$1,320 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 2 | 2 | 922 | $2,250 | 2026-08-20 | — | |
| condos | 2 | 2 | 1,087 | $2,100 | 2026-08-18 | — | |
| apartment | 2 | 2 | 812 | $2,350 | 2026-08-15 | — | |
| condos | 2 | 2 | 1,030 | $2,600 | 2026-08-14 | — | |
| condos | 2 | 2 | 965 | $2,100 | 2026-08-12 | — | |
| condos | 2 | 2 | 965 | $2,100 | 2026-08-11 | — | |
| condos | 2 | 2 | 965 | $2,100 | 2026-08-11 | — | |
| apartment | 2 | 2 | 965 | $2,300 | 2026-08-11 | — | |
| condos | 2 | 2 | 965 | $2,000 | 2026-08-11 | — | |
| condos | 2 | 2 | 812 | $2,100 | 2026-08-10 | — | |
| condos | 2 | 2 | 965 | $2,330 | 2026-08-10 | — | |
| condos | 2 | 2 | 965 | $2,400 | 2026-08-07 | — | |
| condos | 2 | 2 | 1,020 | $2,175 | 2026-08-06 | — | |
| condos | 2 | 2 | 950 | $2,450 | 2026-07-21 | — | |
| condos | 2 | 2 | 965 | $2,400 | 2026-07-17 | — | |
| condos | 2 | 2 | 950 | $2,250 | 2026-07-16 | — | |
| condos | 2 | 2 | 845 | $2,200 | 2026-07-13 | — | |
| condos | 2 | 2 | 812 | $2,150 | 2026-07-13 | — | |
| condos | 2 | 2 | 950 | $2,200 | 2026-07-11 | — | |
| condos | 2 | 2 | 965 | $2,000 | 2026-07-10 | — | |
| condos | 2 | 2 | 950 | $2,100 | 2026-07-10 | — | |
| condos | 2 | 2 | 950 | $2,250 | 2026-07-08 | — | |
| condos | 2 | 2 | 965 | $1,950 | 2026-07-07 | — | |
| apartment | 2 | 2 | 930 | $2,200 | 2026-07-03 | — | |
| condos | 2 | 2 | 965 | $2,100 | 2026-06-26 | — | |
| condos | 2 | 2 | 896 | $2,200 | 2026-06-24 | — | |
| apartment | 2 | 2 | 820 | $2,500 | 2026-06-23 | — | |
| condos | 2 | 3 | 1,000 | $2,600 | 2026-06-18 | — | |
| condos | 2 | 2 | 965 | $2,100 | 2026-06-17 | — | |
| condos | 2 | 2 | 1,020 | $2,100 | 2026-06-12 | — | |
| condos | 2 | 2 | 965 | $2,200 | 2026-06-12 | — | |
| condos | 2 | 2 | 965 | $2,300 | 2026-06-11 | — | |
| apartment | 2 | 2 | 950 | $2,250 | 2026-06-09 | — | |
| condos | 2 | 2 | 1,020 | $2,200 | 2026-06-08 | — | |
| condos | 2 | 2 | 965 | $2,200 | 2026-06-05 | — | |
| condos | 2 | 2 | 965 | $2,100 | 2026-06-05 | — | |
| condos | 2 | 2 | 965 | $2,200 | 2026-06-03 | — | |
| condos | 2 | 2 | 965 | $2,000 | 2026-06-03 | — | |
| condos | 2 | 2 | 1,009 | $2,250 | 2026-05-23 | — | |
| condos | 2 | 2 | 856 | $2,400 | 2026-08-04 | — | |
| condos | 2 | 2 | 965 | $2,000 | 2026-08-02 | — | |
| condos | 2 | 2 | 965 | $1,895 | 2026-07-29 | — | |
| apartment | 2 | 2 | 965 | $2,200 | 2026-07-28 | — | |
| condos | 2 | 2 | 1,087 | $2,075 | 2026-08-25 | — | |
| condos | 2 | 2 | 950 | $2,300 | 2026-08-22 | — | |
| condos | 2 | 2 | 965 | $2,200 | 2026-04-22 | — | |
| condos | 2 | 2 | 950 | $2,200 | 2026-04-07 | — | |
| condos | 2 | 2 | 999 | $2,200 | — | — | |
| apartment | 2 | 2 | 750 | $2,000 | 2026-08-28 | — | |
| condos | 2 | 2 | 810 | $2,200 | 2025-12-17 | — | |
| apartment | 2 | 2 | 820 | $2,400 | 2026-08-30 | — | |
| condos | 2 | 2 | 1,050 | $2,400 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 13551 SW 62nd St Units 155 & 4 | condos | 2 | 2 | 900 | $375,000 | 2026-08-25 |
| 6246 SW 136th Ct Apt D101 | condos | 2 | 2 | 1,030 | $290,000 | 2026-08-25 |
| 6745 SW 132nd Ave Apt 204 | condos | 2 | 2 | 956 | $287,000 | 2026-08-19 |
| 14203 SW 66th St Apt 103 | condos | 2 | 2 | 1,200 | $300,000 | 2026-08-17 |
| 8327 SW 137th Ave Unit 8327 | condos | 2 | 3 | 1,266 | $320,000 | 2026-08-06 |
| 8730 SW 133rd Ave Rd Apt 117 | condos | 2 | 2 | 965 | $236,500 | 2026-08-05 |
| 14201 SW 66th St Apt 306 | condos | 2 | 2 | 1,200 | $275,000 | 2026-08-03 |
| 8303 SW 142nd Ave Apt D206 | condos | 2 | 2 | 845 | $270,000 | 2026-08-03 |
| 6671 SW 137th Ct Unit 7A | condos | 2 | 2 | 900 | $300,000 | 2026-08-03 |
| 14180 SW 84th St Apt 407G | condos | 2 | 2 | 1,135 | $235,000 | 2026-07-21 |
| 5700 SW 127th Ave Apt 1309 | condos | 2 | 2 | 1,170 | $250,000 | 2026-07-13 |
| 13870 SW 62nd St Apt 208 | condos | 2 | 2 | 1,210 | $296,000 | 2026-07-10 |
| 5900 SW 127th Ave Apt 3101 | condos | 2 | 2 | 1,170 | $260,000 | 2026-06-30 |
| 5700 SW 127th Ave Apt 1208 | condos | 2 | 2 | 1,170 | $254,900 | 2026-06-17 |
| 5800 SW 127th Ave Apt 2120 | condos | 2 | 2 | 1,170 | $300,000 | 2026-06-15 |
| 8650 SW 133rd Ave Rd Apt 216 | condos | 2 | 2 | 965 | $255,000 | 2026-06-11 |
| 13951 Kendale Lakes Cir Unit 910A | condos | 2 | 2 | 1,248 | $260,000 | 2026-06-05 |
| 6207 SW 131st Ct Apt 101 | condos | 2 | 2 | 820 | $290,000 | 2026-05-26 |
| 13534 SW 59th Ter | condo_townhome_rowhome_coop | 2 | 2 | 1,158 | $425,000 | 2026-05-19 |
| 13462 SW 62nd St Unit 109C | condos | 2 | 3 | 1,160 | $400,000 | 2026-05-15 |
| 14140 SW 84th St Apt 301H | condos | 2 | 2 | 1,135 | $225,000 | 2026-04-14 |
| 14155 SW 87th St Unit E202 | condos | 2 | 2 | 875 | $180,000 | 2026-04-01 |
| 14195 SW 87th St Unit B115 | condos | 2 | 2 | 1,117 | $221,000 | 2026-04-01 |
| 13120 SW 64th Ter Apt 1507 | condos | 2 | 2 | 950 | $33,500 | 2026-04-01 |
| 8520 SW 133rd Ave Rd Apt 415 | condos | 2 | 2 | 965 | $218,000 | 2026-03-31 |
| 13715 Kendale Lakes Cir Unit A201 | condos | 2 | 2 | 1,003 | $237,500 | 2026-03-24 |
| 13045 SW 68th St Apt 104 | condos | 2 | 2 | 956 | $270,000 | 2026-03-24 |
| 8540 SW 133rd Ave Rd Apt 321 | condos | 2 | 2 | 965 | $225,000 | 2026-03-18 |
| 5900 SW 127th Ave Apt 3113 | condos | 2 | 2 | 1,170 | $260,000 | 2026-03-18 |
| 7111 SW 129th Ave Apt 1 | condos | 2 | 2 | 810 | $275,000 | 2026-03-13 |
| 14195 SW 87th St Unit B306 | condos | 2 | 2 | 1,117 | $230,000 | 2026-02-27 |
| 6445 SW 130th Pl Apt 603 | condos | 2 | 2 | 950 | $355,000 | 2026-02-27 |
| 13675 SW 62nd St Unit 102-3 | condos | 2 | 2 | 862 | $310,000 | 2026-02-17 |
| 6225 SW 136th Ct Apt C209 | condos | 2 | 1 | 890 | $260,000 | 2026-02-03 |
| 5900 SW 127th Ave Apt 3406 | condos | 2 | 2 | 1,170 | $270,000 | 2026-01-30 |
| 8307 SW 142nd Ave Apt E104 | condos | 2 | 2 | 845 | $245,000 | 2026-01-21 |
| 5900 SW 127th Ave Apt 3412 | condos | 2 | 2 | 1,170 | $250,000 | 2026-01-20 |
| 5800 SW 127th Ave Apt 2203 | condos | 2 | 2 | 1,170 | $245,000 | 2026-01-06 |
| 6694840397 | condos | 2 | 2 | 965 | $215,000 | 2026-01-05 |
| 13953 Kendale Lakes Cir Unit 103B | condos | 2 | 2 | 1,248 | $270,000 | 2026-01-05 |
| 6514 SW 136th Ct | condo_townhome_rowhome_coop | 2 | 2 | 1,145 | $465,000 | 2025-12-31 |
| 6246 SW 136th Ct Apt D102 | condos | 2 | 2 | 1,030 | $290,000 | 2025-12-19 |
| 7121 SW 129th Ave Apt 1 | condos | 2 | 2 | 810 | $265,000 | 2025-12-18 |
| 8650 SW 133rd Avenue Rd Apt 408 | condos | 2 | 2 | 965 | $230,000 | 2025-12-08 |
| 8420 SW 133rd Ave Rd Apt 221 | condos | 2 | 2 | 965 | $220,000 | 2025-12-03 |
| 13951 Kendall Lakes Cir Unit 103A | condos | 2 | 2 | 1,248 | $334,800 | 2025-11-25 |
| 8730 SW 133rd Ave Rd Apt 308 | condos | 2 | 2 | 965 | $230,000 | 2025-11-17 |
| 6355 SW 136th Ct Unit 101J | condos | 2 | 2 | 1,030 | $280,000 | 2025-11-06 |
| 5900 SW 127th Ave Apt 3402 | condos | 2 | 2 | 1,170 | $230,000 | 2025-11-05 |
| 8540 SW 133rd Ave Rd Apt 124 | condos | 2 | 2 | 965 | $250,000 | 2025-10-24 |
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 |
|---|---|---|---|---|---|---|
| 14250 SW 62nd St Apt 408 | condos | 2 | 2 | 1,020 | $275,000 | — |
| 12940 SW 64th Ln Unit 312-3 | condos | 2 | 2 | 890 | $275,000 | — |
| 8301 SW 137th Ave Unit 8301 | condos | 2 | 3 | 1,346 | $399,000 | — |
| 8420 SW 133rd Ave Rd Apt 105 | condos | 2 | 2 | 965 | $235,000 | — |
| 8311 SW 142nd Ave Apt I204 | condos | 2 | 2 | 845 | $283,999 | — |
| 13412 SW 62nd St Unit 103M | condos | 2 | 3 | 1,020 | $360,000 | — |
| 5800 SW 127th Ave Apt 2420 | condos | 2 | 2 | 1,170 | $265,000 | — |
| 12817 SW 67th Ter | townhomes | 2 | 3 | 1,914 | $595,000 | — |
10-year hold projection
IRR2.8%
Equity multiple1.45x
Total return (10yr)$62,944
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $266,770 | $9,932 | -$7,366 | $204,954 | $61,816 |
| 2 | $274,773 | $10,302 | -$7,030 | $202,553 | $72,220 |
| 3 | $283,016 | $10,684 | -$6,681 | $199,987 | $83,029 |
| 4 | $291,507 | $11,080 | -$6,320 | $197,245 | $94,261 |
| 5 | $300,252 | $11,490 | -$5,945 | $194,315 | $105,937 |
| 6 | $309,260 | $11,914 | -$5,558 | $191,184 | $118,075 |
| 7 | $318,537 | $12,352 | -$5,157 | $187,838 | $130,699 |
| 8 | $328,093 | $12,806 | -$4,741 | $184,262 | $143,832 |
| 9 | $337,936 | $13,276 | -$4,311 | $180,440 | $157,496 |
| 10 | $348,074 | $13,761 | -$3,865 | $176,356 | $171,718 |
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.