11302 SW 7th St

Miami, FL 33174 · multi_family · For Sale · 76 days on market
Asking price$800,000
5 beds 3 baths 1,951 sqft
Suggested offer$744,294$55,706 above the est. market value of $744,294.
View on Realtor.com →
Listed by Moe Mossa · Savvy Avenue
Typemulti_family
Built1974
Price / sqft$410
Est. value (own analysis)$744,294
Rent estimate (building total, own analysis)$4,956/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood5/10major$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-18
Removed date
MLSBeachesMLS #B26042594
Coordinates25.76206, -80.37868
Address11302 SW 7th St
CityMiami
StateFL
Zip33174
Listing ID5668706252
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)

Purchase price$800,000
Down payment (20.0%)$160,000
Loan amount$640,000
Closing costs (5.0%)$40,000
Total cash to close$200,000
Rent (estimate)$4,956$59,466
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$59,466
Vacancy rate (assumption) assumption8.0%

$59,466 × 8.0% = $4,757

Effective gross income$4,559$54,709
Property tax (placeholder 1.9% of price)$1,267$15,200
Insurance (est. scaled by flood & wind risk)$933$11,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$248$2,973
Total operating expenses$2,448$29,373
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$54,709
Total operating expenses derived$29,373

$54,709 − $29,373 = $25,336

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$640,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$640,000 amortized at 6.7% over 30 years = $4,113/mo

CapEx reserve (5.0% of GSR)$248$2,973
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$25,336
Annual debt service derived$49,354
Annual CapEx reserve assumption$2,973
Annual PMI assumption$0

($25,336 − $49,354 − $2,973 − $0) ÷ 12 = -$2,249

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$25,336
Purchase price data$800,000

$25,336 ÷ $800,000 = 3.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$26,991
Total cash to close derived$200,000

-$26,991 ÷ $200,000 = -13.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$25,336
Annual debt service derived$49,354

$25,336 ÷ $49,354 = 0.51

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$59,466
Purchase price data$800,000

($59,466 ÷ 12) ÷ $800,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$800,000
Gross scheduled rent (annual) comp$59,466

$800,000 ÷ $59,466 = 13.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$29,373
Effective gross income derived$54,709

$29,373 ÷ $54,709 = 53.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$29,373
Annual debt service derived$49,354
Annual PMI assumption$0
Gross scheduled rent (annual) comp$59,466

($29,373 + $49,354 + $0) ÷ $59,466 = 132.4%

Comparables

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

No active rental listings cached yet for this bedroom count.

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
11152 SW 7th Stmulti_family642,410$790,0002026-07-13
11048 SW 2nd Stmulti_family1,440$640,0002026-05-12
5266952154multi_family3,080$1,175,0002026-03-19
6786117925multi_family3,080$1,175,0002026-03-19
11621 SW 7th Termulti_family2,530$810,0002026-02-27
11012 SW 4th Stmulti_family2,352$725,0002026-01-26
11331 SW 7th Termulti_family1,701$780,0002026-01-08

Widened to city-wide. 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
14234 SW 75th Tersingle_family541,656$915,000
3045 SW 124th Ctsingle_family522,155$873,000
2171 SW 21st Stsingle_family541,847$870,000
14671 SW 20th Stsingle_family552,925$1,350,000
4245 NW 24th Avemulti_family521,701$609,000
701 Tamiami Canal Rdsingle_family531,911$665,000
10934 SW 137th Ctsingle_family553,122$849,999
10331 SW 164th Ctsingle_family532,532$750,000

10-year hold projection

IRR1.1%
Equity multiple1.19x
Total return (10yr)$141,656
YearProperty valueNOICash flowLoan balanceEquity
1$824,000$25,336-$26,991$633,061$190,939
2$848,720$26,243-$26,159$625,646$223,074
3$874,182$27,181-$25,297$617,721$256,461
4$900,407$28,150-$24,405$609,252$291,155
5$927,419$29,153-$23,483$600,201$327,218
6$955,242$30,190-$22,528$590,529$364,713
7$983,899$31,262-$21,540$580,193$403,706
8$1,013,416$32,370-$20,518$569,147$444,269
9$1,043,819$33,515-$19,461$557,343$486,476
10$1,075,133$34,700-$18,367$544,727$530,406
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.