11016 SW 7th St
Miami, FL 33174 · multi_family · For Sale · 35 days on market
Asking price$679,900
4 beds 2 baths 1,595 sqft
Suggested offer$608,482$71,418 above the est. market value of $608,482.
View on Realtor.com →Listed by Maria Negron · Xcellence Realty
Typemulti_family
Built1971
Price / sqft$426
Est. value (own analysis)$608,482
Rent estimate (building total, own analysis)$4,051/mo
HOANone
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Statusfor_sale
Listed date2026-07-29
Removed date—
MLSMiamiMLS #A12055166
Coordinates25.76223, -80.37480
Address11016 SW 7th St
CityMiami
StateFL
Zip33174
Listing ID5667737338
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33174)
Typical home value (ZHVI)$448,390
Typical rent (ZORI)$2,762/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 | $679,900 |
| Down payment (20.0%) | $135,980 |
| Loan amount | $543,920 |
| Closing costs (5.0%) | $33,995 |
| Total cash to close | $169,975 |
| Income | |
| Rent (estimate) | $4,051$48,616 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,727$44,726 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,077$12,918 |
| Insurance (placeholder 0.8% of price) | $453$5,439 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $203$2,431 |
| Total operating expenses | $1,732$20,788 |
| 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) | $203$2,431 |
| 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 |
|---|---|---|---|---|---|---|---|
| multi_family | 4 | 2 | 1,686 | $3,400 | 2026-08-24 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 11152 SW 7th St | multi_family | 6 | 4 | 2,410 | $790,000 | 2026-07-13 |
| 11048 SW 2nd St | multi_family | — | — | 1,440 | $640,000 | 2026-05-12 |
| 5266952154 | multi_family | — | — | 3,080 | $1,175,000 | 2026-03-19 |
| 6786117925 | multi_family | — | — | 3,080 | $1,175,000 | 2026-03-19 |
| 11621 SW 7th Ter | multi_family | — | — | 2,530 | $810,000 | 2026-02-27 |
| 11012 SW 4th St | multi_family | — | — | 2,352 | $725,000 | 2026-01-26 |
| 11331 SW 7th Ter | multi_family | — | — | 1,701 | $780,000 | 2026-01-08 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 225 SW 102nd Pl | single_family | 4 | 3 | 2,605 | $889,000 | — |
| 232 SW 102nd Ave | single_family | 4 | 3 | 2,334 | $789,900 | — |
| 9840 SW 3rd St | single_family | 4 | 2 | 1,959 | $950,000 | — |
| 11206 SW 1st St | single_family | 4 | 2 | 1,714 | $749,000 | — |
| 11472 SW 4th St | single_family | 4 | 2 | 1,209 | $610,000 | — |
| 8936 SW 11th St | single_family | 4 | 3 | 2,458 | $879,000 | — |
10-year hold projection
IRR2.2%
Equity multiple1.35x
Total return (10yr)$147,962
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $700,297 | $23,938 | -$20,437 | $538,023 | $162,274 |
| 2 | $721,306 | $24,760 | -$19,676 | $531,720 | $189,586 |
| 3 | $742,945 | $25,610 | -$18,889 | $524,985 | $217,960 |
| 4 | $765,233 | $26,487 | -$18,075 | $517,788 | $247,446 |
| 5 | $788,190 | $27,394 | -$17,234 | $510,096 | $278,095 |
| 6 | $811,836 | $28,330 | -$16,364 | $501,876 | $309,961 |
| 7 | $836,191 | $29,298 | -$15,466 | $493,091 | $343,100 |
| 8 | $861,277 | $30,297 | -$14,537 | $483,703 | $377,574 |
| 9 | $887,115 | $31,330 | -$13,576 | $473,671 | $413,445 |
| 10 | $913,729 | $32,396 | -$12,584 | $462,949 | $450,779 |
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.