525 NE 58th St
Miami, FL 33137 · single_family · For Sale · 175 days on market
Asking price$3,500,000
6 beds 3 baths 3,476 sqft
Listed by Jose Blanco · United Realty Group Inc
Typesingle_family
Built1970
Price / sqft$1007
Est. value (own analysis)$4,502,401
Rent estimate (own analysis)$21,500/mo
HOANone
1 / 47
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Statusfor_sale
Listed date2026-03-11
Removed date—
MLSBeachesMLS #F10529009
Coordinates25.82949, -80.18460
Address525 NE 58th St
CityMiami
StateFL
Zip33137
Listing ID5649979797
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33137)
Typical home value (ZHVI)$682,165
Typical rent (ZORI)$3,560/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 | $3,500,000 |
| Down payment (20.0%) | $700,000 |
| Loan amount | $2,800,000 |
| Closing costs (5.0%) | $175,000 |
| Total cash to close | $875,000 |
| Income | |
| Rent (comp-derived) | $21,500$258,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $19,780$237,360 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $5,542$66,500 |
| Insurance (placeholder 0.8% of price) | $2,333$28,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,075$12,900 |
| Total operating expenses | $8,950$107,400 |
| 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) | $1,075$12,900 |
| 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 | 6 | 4 | 3,500 | $17,000 | 2026-08-13 | — | |
| single_family | 6 | 5 | 3,462 | $16,500 | 2026-08-07 | — | |
| single_family | 6 | 5 | 4,432 | $29,500 | 2026-06-17 | — | |
| single_family | 6 | 7 | 3,603 | $26,000 | 2026-05-07 | — | |
| single_family | 6 | 5 | 3,446 | $30,000 | 2023-02-13 | — | |
| single_family | 6 | 5 | 4,200 | $17,000 | 2026-03-31 | — |
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 |
|---|---|---|---|---|---|---|
| 790 Lake Rd | single_family | 6 | 8 | 6,361 | $27,250,000 | 2026-07-03 |
| 549 NE 59th St | single_family | 6 | 5 | 4,748 | $6,150,000 | 2026-04-01 |
| 5193408872 | single_family | 6 | 4 | 2,343 | $1,230,000 | 2025-09-29 |
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 |
|---|---|---|---|---|---|---|
| 31 NE 53rd St | single_family | 6 | 2 | 936 | $740,000 | — |
| 3131 NE 7th Ave Unit 4901 | condos | 6 | 7 | 4,549 | $6,000,000 | — |
| 650 NE 32nd St Unit BH2 | condos | 6 | 8 | 6,676 | $4,599,000 | — |
| 770 Lake Rd | single_family | 6 | 7 | 5,421 | $29,500,000 | — |
| 55-53 NE 60th St | multi_family | 6 | 6 | 2,884 | $2,000,000 | — |
| 4241 Palm Ln | single_family | 6 | 7 | 6,334 | $26,000,000 | — |
| 52 NE 47th St | multi_family | 6 | 5 | 2,578 | $2,000,000 | — |
10-year hold projection
IRR2.7%
Equity multiple1.43x
Total return (10yr)$834,599
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $3,605,000 | $129,960 | -$98,863 | $2,769,642 | $835,358 |
| 2 | $3,713,150 | $134,396 | -$94,749 | $2,737,199 | $975,951 |
| 3 | $3,824,545 | $138,978 | -$90,498 | $2,702,528 | $1,122,016 |
| 4 | $3,939,281 | $143,712 | -$86,103 | $2,665,476 | $1,273,804 |
| 5 | $4,057,459 | $148,601 | -$81,561 | $2,625,880 | $1,431,579 |
| 6 | $4,179,183 | $153,652 | -$76,866 | $2,583,565 | $1,595,618 |
| 7 | $4,304,559 | $158,869 | -$72,013 | $2,538,344 | $1,766,214 |
| 8 | $4,433,695 | $164,258 | -$66,999 | $2,490,018 | $1,943,677 |
| 9 | $4,566,706 | $169,824 | -$61,816 | $2,438,373 | $2,128,333 |
| 10 | $4,703,707 | $175,573 | -$56,460 | $2,383,182 | $2,320,526 |
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.