233 E 7th St
Hialeah, FL 33010 · multi_family · Pending — under contract · 78 days on market
Asking price$890,000
— beds — baths 2,374 sqft
Suggested offer$816,798$73,202 above the est. market value of $816,798.
View on Realtor.com →Listed by Javier Rodriguez · Xcellence Realty
Typemulti_family
Built1972
Price / sqft$375
Est. value (own analysis)$816,798
Rent estimate (building total, own analysis)$5,935/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
1 / 18
Show every detail
Statusfor_sale
Listed date2026-06-17
Removed date—
MLSMiamiMLS #A12033391
Coordinates25.82853, -80.27676
Address233 E 7th St
CityHialeah
StateFL
Zip33010
Listing ID5645228708
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33010)
Typical home value (ZHVI)$536,631
Typical rent (ZORI)$2,166/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 | $890,000 |
| Down payment (20.0%) | $178,000 |
| Loan amount | $712,000 |
| Closing costs (5.0%) | $44,500 |
| Total cash to close | $222,500 |
| Income | |
| Rent (estimate) | $5,935$71,220 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,460$65,522 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,409$16,910 |
| Insurance (est. scaled by flood & wind risk) | $949$11,392 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $297$3,561 |
| Total operating expenses | $2,655$31,863 |
| 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) | $297$3,561 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 233 E 7th St | multi_family | — | — | 2,374 | $820,000 | 2026-08-31 |
| 155 W 26th St | multi_family | — | — | 1,627 | $447,500 | 2026-07-19 |
| 2390 W 11th Ave | multi_family | 6 | 4 | 2,110 | $618,750 | 2026-07-13 |
| 351 E 14th St | multi_family | — | — | 1,488 | $550,000 | 2026-06-18 |
| 36 E 17th St | multi_family | — | — | 2,364 | $590,000 | 2026-06-05 |
| 59 E 14th St | multi_family | 4 | 2 | 1,620 | $734,000 | 2026-05-26 |
| 27 E 12th St | multi_family | — | — | 1,508 | $620,000 | 2026-04-21 |
| 65 E 8th St | multi_family | 8 | 4 | 4,856 | $1,400,000 | 2026-04-10 |
| 1166 W 24th St | multi_family | — | — | 1,183 | $800,000 | 2026-03-27 |
| 1168 W 24th St | multi_family | — | — | 1,183 | $800,000 | 2026-03-27 |
| 860 SE 9th Ct | multi_family | 6 | 2 | 2,403 | $800,000 | 2026-03-18 |
| 615 E 2nd Ave | multi_family | 6 | 4 | 3,490 | $504,375 | 2026-03-04 |
| 643 E 2nd Ave | multi_family | 6 | 4 | 3,490 | $676,500 | 2026-03-04 |
| 6623363004 | multi_family | — | — | 2,429 | $890,000 | 2026-02-11 |
| 990 E 2nd St | multi_family | — | — | 1,529 | $603,000 | 2026-02-02 |
| 432 E 16th St | multi_family | 6 | 4 | 3,100 | $2,240,000 | 2026-01-22 |
| 440 E 16th St # 436 | multi_family | 6 | 4 | 3,100 | $2,240,000 | 2026-01-22 |
| 240 E 11th St | multi_family | 6 | 2 | 2,588 | $550,000 | 2026-01-09 |
| 74 W 11th St | multi_family | 5 | 3 | 2,983 | $2,000,000 | 2026-01-08 |
| 60 W 11th St | multi_family | 7 | 7 | 3,821 | $2,000,000 | 2026-01-08 |
| 2655 W 10th Ct | multi_family | 4 | 2 | 2,258 | $534,900 | 2025-12-15 |
| 911 E 14th Pl | multi_family | — | — | 2,780 | $745,000 | 2025-12-05 |
| 145 W 12th St | multi_family | 4 | 4 | 2,460 | $800,000 | 2025-12-02 |
| 25 W 9th St | multi_family | 5 | 5 | 2,772 | $950,000 | 2025-11-20 |
| 190 E 16th St | multi_family | — | — | 4,353 | $920,000 | 2025-11-17 |
| 80 W 20th St | multi_family | — | — | 2,054 | $845,000 | 2025-10-31 |
| 938 SE 12th St | multi_family | — | — | 1,912 | $750,000 | 2025-10-10 |
| 22 W 11th St | multi_family | 4 | 4 | 2,490 | $820,000 | 2025-09-19 |
| 40 E 12th St | multi_family | 6 | 4 | 2,750 | $850,000 | 2025-09-16 |
| 1172 W 3rd Ave | multi_family | 4 | 2 | 1,368 | $690,000 | 2025-09-08 |
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.
No other cached listings nearby for this bedroom count yet.
10-year hold projection
IRR2.8%
Equity multiple1.45x
Total return (10yr)$217,288
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $916,700 | $33,659 | -$24,808 | $704,280 | $212,420 |
| 2 | $944,201 | $34,829 | -$23,728 | $696,031 | $248,170 |
| 3 | $972,527 | $36,037 | -$22,611 | $687,214 | $285,313 |
| 4 | $1,001,703 | $37,285 | -$21,456 | $677,793 | $323,910 |
| 5 | $1,031,754 | $38,575 | -$20,261 | $667,724 | $364,030 |
| 6 | $1,062,707 | $39,908 | -$19,027 | $656,964 | $405,743 |
| 7 | $1,094,588 | $41,286 | -$17,750 | $645,465 | $449,123 |
| 8 | $1,127,425 | $42,709 | -$16,430 | $633,176 | $494,249 |
| 9 | $1,161,248 | $44,180 | -$15,065 | $620,044 | $541,204 |
| 10 | $1,196,086 | $45,699 | -$13,654 | $606,009 | $590,076 |
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.