800 NE 72nd St

Miami, FL 33138 · single_family · For Sale · 240 days on market
Asking price$2,699,000
4 beds 4 baths 2,478 sqft
Suggested offer$1,907,911$791,089 above the est. market value of $1,907,911.
View on Realtor.com →
Listed by Nicholas Del Boca · Keller Williams Capital Realty
Typesingle_family
Built1955
Price / sqft$1089
Est. value (own analysis)$1,907,911
Rent estimate (own analysis)$13,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-01-05
Removed date
MLSMiamiMLS #A11937254
Coordinates25.84089, -80.18006
Address800 NE 72nd St
CityMiami
StateFL
Zip33138
Listing ID5664413120
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33138)

Typical home value (ZHVI)$806,988
Typical rent (ZORI)$2,367/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$2,699,000
Down payment (20.0%)$539,800
Loan amount$2,159,200
Closing costs (5.0%)$134,950
Total cash to close$674,750
Rent (comp-derived)$13,000$156,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$156,000
Vacancy rate (assumption) assumption8.0%

$156,000 × 8.0% = $12,480

Effective gross income$11,960$143,520
Property tax (placeholder 1.9% of price)$4,273$51,281
Insurance (placeholder 0.8% of price)$1,799$21,592
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$650$7,800
Total operating expenses$6,723$80,673
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$143,520
Total operating expenses derived$80,673

$143,520 − $80,673 = $62,847

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$2,159,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,159,200 amortized at 6.7% over 30 years = $13,876/mo

CapEx reserve (5.0% of GSR)$650$7,800
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$62,847
Annual debt service derived$166,507
Annual CapEx reserve assumption$7,800
Annual PMI assumption$0

($62,847 − $166,507 − $7,800 − $0) ÷ 12 = -$9,288

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$62,847
Purchase price data$2,699,000

$62,847 ÷ $2,699,000 = 2.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$111,460
Total cash to close derived$674,750

-$111,460 ÷ $674,750 = -16.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$62,847
Annual debt service derived$166,507

$62,847 ÷ $166,507 = 0.38

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$156,000
Purchase price data$2,699,000

($156,000 ÷ 12) ÷ $2,699,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,699,000
Gross scheduled rent (annual) comp$156,000

$2,699,000 ÷ $156,000 = 17.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$80,673
Effective gross income derived$143,520

$80,673 ÷ $143,520 = 56.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$80,673
Annual debt service derived$166,507
Annual PMI assumption$0
Gross scheduled rent (annual) comp$156,000

($80,673 + $166,507 + $0) ÷ $156,000 = 158.4%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family432,948$17,5002026-08-18
single_family432,311$15,5002026-08-15
single_family432,890$19,0002026-07-17
single_family442,347$14,0002026-07-16
single_family432,454$10,5002026-07-13
single_family432,890$14,5002026-07-07
single_family442,145$6,4992026-06-27
single_family443,249$15,0002026-06-18
single_family441,834$8,9502026-03-20
single_family421,814$7,0002026-05-03
single_family432,193$9,3002026-07-28
single_family432,960$12,0002026-07-14

8670 Arboretum Ln

Miami, 33138 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,948
Listed2026-08-18
Days on market

Asking rent: $17,500

View on Zillow →

1109 NE 89th St

Miami, 33138 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,311
Listed2026-08-15
Days on market

Asking rent: $15,500

View on Zillow →

8641 Arboretum Ln

Miami, 33138 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,890
Listed2026-07-17
Days on market

Asking rent: $19,000

View on Zillow →

899 NE 71st St

Miami, 33138 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,347
Listed2026-07-16
Days on market

Asking rent: $14,000

View on Zillow →

935 NE 72nd Ter

Miami, 33138 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,454
Listed2026-07-13
Days on market

Asking rent: $10,500

View on Zillow →

8631 Arboretum Ln

Miami, 33138 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,890
Listed2026-07-07
Days on market

Asking rent: $14,500

View on Zillow →

1047 NE 84th St

Miami, 33138 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,145
Listed2026-06-27
Days on market

Asking rent: $6,499

View on Zillow →

8919 NE 10th Ave

Miami, 33138 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,249
Listed2026-06-18
Days on market

Asking rent: $15,000

View on Zillow →

776 NE 74th St Unit 0

Miami, 33138 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,834
Listed2026-03-20
Days on market

Asking rent: $8,950

View on Zillow →

8740 NE 2nd Ave Unit 8740

El Portal, 33138 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,814
Listed2026-05-03
Days on market

Asking rent: $7,000

View on Zillow →

1223 NE 102nd St

Miami Shores, 33138 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,193
Listed2026-07-28
Days on market

Asking rent: $9,300

View on Zillow →

766 NE 96th St

Miami Shores, 33138 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,960
Listed2026-07-14
Days on market

Asking rent: $12,000

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
9301 N Bayshore Drsingle_family454,225$8,000,0002026-08-18
1090 NE 92nd Stsingle_family423,227$2,435,0002026-07-22
6322 NE 5th Avesingle_family422,161$840,0002026-07-17
1110 NE 100th Stsingle_family432,191$1,680,0002026-07-15
9655 Biscayne Blvdsingle_family423,450$1,150,0002026-06-22
1131 NE 97th Stsingle_family43$1,648,0002026-06-17
8625 NE 10th Avesingle_family463,696$3,700,0002026-06-08
1291 NE 102nd Stsingle_family442,202$2,500,0002026-06-08
9700 Biscayne Blvdsingle_family422,609$1,687,5002026-06-05
89 NE 106th Stsingle_family452,546$2,475,0002026-05-22
9015 NE 10th Avesingle_family442,975$2,300,0002026-05-21
575 NE 97th Stsingle_family432,589$1,850,0002026-05-19
1017 NE 95th Stsingle_family431,883$1,625,0002026-04-30
490 NE 91st Stsingle_family443,145$2,225,0002026-04-23
1029 NE 104th Stsingle_family432,775$1,880,0002026-04-16
8825 NE 10th Avesingle_family442,060$2,050,0002026-04-06
46 NE 100th Stsingle_family422,139$1,098,8882026-04-01
710 NE 72nd Tersingle_family442,304$2,150,0002026-03-25
1075 NE 99th Stsingle_family432,464$2,750,0002026-03-20
920 NE 99th Stsingle_family432,237$1,350,0002026-03-13
540 NE 103rd Stsingle_family433,036$2,350,0002026-03-05
7701 NE 8th Avesingle_family422,305$2,750,0002026-02-25
751 NE 80th Stsingle_family431,519$1,000,0002026-02-20
925 NE 92nd Stsingle_family442,400$1,650,0002026-02-13
871 NE 81st Stsingle_family433,486$1,410,0002026-02-03
861 NE 82nd Stsingle_family432,356$1,395,0002026-01-26
1250 NE 87th Stsingle_family433,312$3,887,5002026-01-16
20 NE 104th Stsingle_family432,319$1,800,0002026-01-15
1120 NE 86th Stsingle_family441,994$1,800,0002026-01-14
1000 NE Little River Drsingle_family442,964$4,400,0002026-01-02
8301 NE 10th Avesingle_family442,691$2,250,0002025-12-16
991 NE 82nd Stsingle_family432,361$1,040,0002025-12-11
820 NE 80th Stsingle_family432,638$1,102,5002025-11-14

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
1085 NE 84th Stsingle_family431,925$1,299,000
670 NE 87th Stmulti_family421,584$850,000
685 NE 81st Stsingle_family433,129$2,850,000
533-535 NE 67th Stmulti_family441,000$1,059,000
776 NE 74th Stsingle_family441,834$1,950,000
420 NE 62nd St Unit Bcondos452,786$1,850,000
420 NE 62nd St Unit Atownhomes452,786$1,850,000
910 NE 81st Stsingle_family431,808$1,480,000

10-year hold projection

IRR-1.0%
Equity multiple0.83x
Total return (10yr)$238,684
YearProperty valueNOICash flowLoan balanceEquity
1$2,779,970$62,847-$111,460$2,135,789$644,181
2$2,863,369$65,136-$109,366$2,110,771$752,598
3$2,949,270$67,503-$107,199$2,084,035$865,235
4$3,037,748$69,952-$104,955$2,055,463$982,285
5$3,128,881$72,485-$102,632$2,024,929$1,103,952
6$3,222,747$75,105-$100,227$1,992,298$1,230,449
7$3,319,430$77,814-$97,738$1,957,426$1,362,004
8$3,419,012$80,617-$95,162$1,920,159$1,498,853
9$3,521,583$83,515-$92,496$1,880,334$1,641,249
10$3,627,230$86,512-$89,737$1,837,773$1,789,457
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.