3001 SW 132nd Ave

Miami, FL 33175 · single_family · For Sale · 268 days on market
Asking price$2,899,997
8 beds 7 baths 6,068 sqft
Suggested offer$2,464,275$435,722 above the est. market value of $2,464,275.
View on Realtor.com →
Listed by Jonathan Alfonso · EXP Realty LLC
Typesingle_family
Built1996
Price / sqft$478
Est. value (own analysis)$2,464,275
Rent estimate (Zillow ZIP avg)$3,232/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire2/10Minor
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2025-12-08
Removed date
MLSMiamiMLS #A11926923
Coordinates25.73988, -80.40739
Address3001 SW 132nd Ave
CityMiami
StateFL
Zip33175
Listing ID5649046253
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33175)

Typical home value (ZHVI)$628,459
Typical rent (ZORI)$3,232/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)

Purchase price$2,899,997
Down payment (20.0%)$579,999
Loan amount$2,319,998
Closing costs (5.0%)$145,000
Total cash to close$724,999
Rent (ZIP avg, ZORI — not bedroom-specific)$3,232$38,788
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$38,788
Vacancy rate (assumption) assumption8.0%

$38,788 × 8.0% = $3,103

Effective gross income$2,974$35,685
Property tax (placeholder 1.9% of price)$4,592$55,100
Insurance (est. scaled by flood & wind risk)$3,093$37,120
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$162$1,939
Total operating expenses$7,847$94,159
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$35,685
Total operating expenses derived$94,159

$35,685 − $94,159 = -$58,474

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$2,319,998
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,319,998 amortized at 6.7% over 30 years = $14,909/mo

CapEx reserve (5.0% of GSR)$162$1,939
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived-$58,474
Annual debt service derived$178,907
Annual CapEx reserve assumption$1,939
Annual PMI assumption$0

(-$58,474 − $178,907 − $1,939 − $0) ÷ 12 = -$19,943

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$58,474
Purchase price data$2,899,997

-$58,474 ÷ $2,899,997 = -2.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$239,321
Total cash to close derived$724,999

-$239,321 ÷ $724,999 = -33.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$58,474
Annual debt service derived$178,907

-$58,474 ÷ $178,907 = -0.33

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$38,788
Purchase price data$2,899,997

($38,788 ÷ 12) ÷ $2,899,997 = 0.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,899,997
Gross scheduled rent (annual) comp$38,788

$2,899,997 ÷ $38,788 = 74.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$94,159
Effective gross income derived$35,685

$94,159 ÷ $35,685 = 263.9%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$94,159
Annual debt service derived$178,907
Annual PMI assumption$0
Gross scheduled rent (annual) comp$38,788

($94,159 + $178,907 + $0) ÷ $38,788 = 704.0%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family874,413$14,0002026-07-21
single_family854,426$25,0002025-10-21

18651 SW 104th St Unit 0

Miami, 33196 · rent comp

Bedrooms / bathrooms8 bd / 7 ba
Square footage4,413
Listed2026-07-21
Days on market

Asking rent: $14,000

View on Zillow →

11 NW 122nd Ave

Miami, 33182 · rent comp

Bedrooms / bathrooms8 bd / 5 ba
Square footage4,426
Listed2025-10-21
Days on market

Asking rent: $25,000

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
2675 SW 119th Ctsingle_family431,883$699,9002026-08-31
14061 SW 39th Stsingle_family421,884$795,0002026-08-26
14332 SW 38th Tersingle_family422,643$920,0002026-08-26
2351 SW 145th Avesingle_family332,150$875,0002026-08-25
4332 SW 146th Avesingle_family321,896$745,0002026-08-20
13911 SW 18th Tersingle_family432,332$849,0002026-08-20
3190 SW 133rd Ctsingle_family443,281$1,560,0002026-08-19
4756 SW 143rd Avesingle_family321,536$630,0002026-08-19
13861 SW 42nd Tersingle_family221,152$229,0002026-08-18
1655 SW 145th Avesingle_family432,517$1,020,0002026-08-14
5221 SW 127th Plsingle_family321,911$700,0002026-08-14
12810 SW 18th Stsingle_family431,849$1,050,0002026-08-13
2360 SW 139th Avesingle_family664,146$2,750,0002026-08-13
12731 SW 47th Tersingle_family421,676$873,0002026-08-12
12551 SW 35th Stsingle_family421,992$760,0002026-08-10
3860 SW 121st Avesingle_family322,242$753,0002026-08-07
13676 SW 33rd Tersingle_family543,529$1,375,0002026-08-06
12009 SW 39th Tersingle_family21966$641,0002026-08-05
2275 SW 143rd Ctsingle_family432,261$1,029,0002026-08-05
2821 SW 117th Avesingle_family322,273$750,0002026-07-30
3112 Village Green Drsingle_family543,299$1,280,0002026-07-30
13931 SW 22nd Stsingle_family422,100$975,0002026-07-29
3603 SW 138th Ctsingle_family421,853$750,0002026-07-27
3124 SW 139th Plsingle_family431,990$765,0002026-07-24
3285 SW 132nd Avesingle_family322,878$1,377,0002026-07-22
11750 SW 31st Stsingle_family311,768$699,0002026-07-22
12301 SW 56th Stsingle_family327,696$3,500,0002026-07-21
12370 SW 41st Stsingle_family421,930$605,5002026-07-21
3591 SW 142nd Avesingle_family643,658$935,0002026-07-21
11880 SW 45th Stsingle_family321,755$1,100,0002026-07-20
1615 SW 137th Plsingle_family321,577$660,0002026-07-20
11995 SW 26th Tersingle_family311,857$695,0002026-07-17
12000 SW 39th Tersingle_family321,828$450,0002026-07-14
13210 SW 51st Stsingle_family763,615$1,200,0002026-07-09
13253 SW 28th Stsingle_family321,579$615,0002026-07-09
12842 SW 20th Stsingle_family331,202$789,0002026-07-07
11944 SW 37th Stsingle_family321,248$640,0002026-07-02
3190 SW 133rd Plsingle_family432,410$1,135,0002026-07-02
3245 Village Green Drsingle_family321,702$725,0002026-07-01
3815 SW 125th Avesingle_family321,461$800,0002026-06-29
14251 SW 34th Stsingle_family432,133$855,0002026-06-27
2927 SW 145th Ctsingle_family431,861$715,0002026-06-26
1942 SW 145th Avesingle_family543,194$1,275,0002026-06-26
14300 SW 52nd Stsingle_family321,665$625,0002026-06-26
3381 SW 140th Avesingle_family331,781$790,0002026-06-24
11901 SW 51st Stsingle_family32472$1,500,0002026-06-24
11798 SW 32nd Stsingle_family321,964$864,0002026-06-24
5040915198single_family432,407$1,050,0002026-06-24
13320 SW 21st Stsingle_family422,104$880,0002026-06-24
14005 SW 17th Tersingle_family432,176$970,0002026-06-22

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.

AddressTypeBedsBathsSqftAsking priceDays on market
12401 SW 45th Stsingle_family8119,196$6,490,000
12270 SW 45th Stsingle_family876,694$5,900,000
12175 SW 45th Stsingle_family896,665$7,500,000

10-year hold projection

IRR-12.0%
Equity multiple-1.06x
Total return (10yr)-$1,113,894
YearProperty valueNOICash flowLoan balanceEquity
1$2,986,997-$58,474-$239,321$2,294,844$692,153
2$3,076,607-$59,758-$240,653$2,267,962$808,644
3$3,168,905-$61,068-$242,013$2,239,235$929,670
4$3,263,972-$62,405-$243,401$2,208,535$1,055,437
5$3,361,891-$63,771-$244,818$2,175,727$1,186,164
6$3,462,748-$65,164-$246,265$2,140,666$1,322,082
7$3,566,631-$66,586-$247,743$2,103,197$1,463,434
8$3,673,629-$68,038-$249,250$2,063,155$1,610,474
9$3,783,838-$69,519-$250,790$2,020,364$1,763,475
10$3,897,353-$71,031-$252,361$1,974,633$1,922,720
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.