9440 W Flagler St Apt 106
Miami, FL 33174 · condos · For Sale · 135 days on market
Asking price$310,000
2 beds 2 baths 1,086 sqft
Listed by Mariela Garriga · Outclass Realty, LLC.
Typecondos
Built1976
Price / sqft$285
Est. value (own analysis)$328,722
Rent estimate (own analysis)$2,305/mo
HOA$399/mo
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Statusfor_sale
Listed date2026-04-20
Removed date—
MLSMiamiMLS #A12004105
Coordinates25.76812, -80.34978
Address9440 W Flagler St Apt 106
CityMiami
StateFL
Zip33174
Listing ID5687837439
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 | $310,000 |
| Down payment (20.0%) | $62,000 |
| Loan amount | $248,000 |
| Closing costs (5.0%) | $15,500 |
| Total cash to close | $77,500 |
| Income | |
| Rent (comp-derived) | $2,305$27,654 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,120$25,442 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $491$5,890 |
| Insurance (placeholder 0.8% of price) | $207$2,480 |
| HOA dues | $399$4,788 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $115$1,383 |
| Total operating expenses | $1,212$14,541 |
| 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) | $115$1,383 |
| 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
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| condos | 2 | 2 | 1,006 | $2,100 | 2026-08-18 | — | |
| apartment | 2 | 1 | 777 | $2,100 | 2026-08-17 | — | |
| apartment | 2 | 1 | 777 | $1,900 | 2026-08-12 | — | |
| condos | 2 | 3 | 1,045 | $2,400 | 2026-08-11 | — | |
| condos | 2 | 2 | 948 | $2,100 | 2026-08-06 | — | |
| condos | 2 | 3 | 1,288 | $2,400 | 2026-07-26 | — | |
| condos | 2 | 3 | 1,045 | $2,300 | 2026-07-26 | — | |
| condos | 2 | 3 | 1,206 | $2,400 | 2026-07-23 | — | |
| condos | 2 | 2 | 900 | $2,100 | 2026-07-23 | — | |
| condos | 2 | 3 | 1,096 | $2,500 | 2026-07-21 | — | |
| condos | 2 | 2 | 1,086 | $2,400 | 2026-07-18 | — | |
| condos | 2 | 2 | 1,038 | $2,800 | 2026-07-07 | — | |
| condos | 2 | 1 | 910 | $2,450 | 2026-07-06 | — | |
| apartment | 2 | 1 | 777 | $2,050 | 2026-06-18 | — | |
| condos | 2 | 2 | 1,185 | $2,450 | 2026-06-09 | — | |
| apartment | 2 | 2 | 1,086 | $2,200 | 2026-06-09 | — | |
| condos | 2 | 2 | 1,086 | $2,400 | 2026-06-02 | — | |
| condos | 2 | 1 | 827 | $2,200 | 2026-05-29 | — | |
| condos | 2 | 2 | 946 | $2,200 | 2026-05-14 | — | |
| apartment | 2 | 2 | 1,086 | $2,300 | 2026-08-04 | — | |
| condos | 2 | 1 | 777 | $1,989 | 2026-07-30 | — | |
| condos | 2 | 2 | 838 | $2,400 | 2026-07-28 | — | |
| condos | 2 | 1 | 775 | $2,100 | 2025-05-29 | — | |
| apartment | 2 | 1 | 874 | $2,900 | 2026-01-29 | — | |
| condos | 2 | 1 | 980 | $2,500 | 2026-03-16 | — | |
| apartment | 2 | 2 | 866 | $2,274 | — | — | |
| condos | 2 | 1 | 1,200 | $2,350 | 2026-01-22 | — | |
| apartment | 2 | 2 | 824 | $2,254 | — | — | |
| apartment | 2 | 2 | 824 | $2,274 | — | — | |
| apartment | 2 | 2 | 824 | $2,299 | — | — | |
| apartment | 2 | 2 | 866 | $2,309 | — | — | |
| apartment | 2 | 2 | 1,041 | $3,055 | — | — | |
| apartment | 2 | 2 | 1,041 | $3,055 | — | — | |
| apartment | 2 | 2 | 866 | $2,349 | — | — | |
| apartment | 2 | 2 | 1,161 | $3,050 | — | — | |
| condos | 2 | 1 | 720 | $2,100 | 2026-08-27 | — | |
| condos | 2 | 3 | 1,206 | $2,580 | 2026-08-31 | — | |
| apartment | 2 | 1 | 910 | $2,300 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 9390 W Flagler St Unit 218F | condos | 2 | 2 | 1,006 | $262,000 | 2026-08-20 |
| 10745 SW 3rd St Apt 6 | condos | 2 | 1 | 820 | $230,000 | 2026-08-17 |
| 9420 W Flagler St Apt 103 | condos | 2 | 2 | 1,086 | $286,000 | 2026-08-07 |
| 9113 SW 9th Ter Unit A | condo_townhome_rowhome_coop | 2 | 2 | 876 | $410,000 | 2026-07-16 |
| 9301 SW 4th St Unit 114E | condos | 2 | 1 | 838 | $270,000 | 2026-07-08 |
| 840 SW 105th Ave Apt 318 | condos | 2 | 2 | 1,045 | $280,000 | 2026-06-01 |
| 9585 SW 1st Ter | condo_townhome_rowhome_coop | 2 | 2 | 1,120 | $490,000 | 2026-05-15 |
| 9410 W Flagler St Apt 409 | condos | 2 | 2 | 1,086 | $295,000 | 2026-05-15 |
| 8794 SW 12th St Apt 105 | condos | 2 | 1 | 910 | $300,000 | 2026-05-04 |
| 8758 SW 12th St Apt 206 | condos | 2 | 1 | 910 | $300,000 | 2026-04-15 |
| 9411 SW 4th St Apt 111 | condos | 2 | 2 | 1,086 | $250,000 | 2026-04-08 |
| 8841 W Flagler St Apt 103 | condos | 2 | 2 | 892 | $270,000 | 2026-03-13 |
| 30 SW 108th Ave Unit 7G | condos | 2 | 2 | 764 | $290,000 | 2026-03-11 |
| 9410 W Flagler St Apt 208 | condos | 2 | 2 | 946 | $225,000 | 2026-02-25 |
| 11431 SW 7th Ter Unit 303C | condos | 2 | 2 | 1,032 | $270,000 | 2026-02-20 |
| 9300 W Flagler St Unit 229F | condos | 2 | 2 | 1,006 | $225,000 | 2026-01-07 |
| 9411 SW 4th St Apt 203 | condos | 2 | 2 | 1,086 | $289,000 | 2025-12-04 |
| 9520 SW 8th St Apt 111 | condos | 2 | 2 | 838 | $270,000 | 2025-12-01 |
| 9441 SW 4th St Apt 203 | condos | 2 | 2 | 1,086 | $260,000 | 2025-11-24 |
| 8841 W Flagler St Apt 212 | condos | 2 | 2 | 900 | $282,000 | 2025-11-20 |
| 9440 W Flagler St Apt 203 | condos | 2 | 2 | 1,086 | $280,000 | 2025-10-24 |
| 8980 W Flagler St Apt 202 | condos | 2 | 3 | 1,206 | $420,000 | 2025-10-10 |
| 9300 W Flagler St Unit 112D | condos | 2 | 2 | 840 | $265,000 | 2025-10-03 |
| 1001 SW 105th Ave Apt 103 | condos | 2 | 2 | 997 | $305,000 | 2025-09-30 |
| 131 SW 109th Ave Apt L4 | condos | 2 | 2 | 764 | $270,000 | 2025-09-18 |
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 |
|---|---|---|---|---|---|---|
| 9320 W Flagler St Unit 201D | condos | 2 | 1 | 840 | $259,900 | — |
| 9411 SW 4th St Apt 202 | condos | 2 | 2 | 1,086 | $289,000 | — |
| 100 SW 110th Ave Apt 142 | townhomes | 2 | 3 | 1,091 | $324,000 | — |
| 9370 W Flagler St Unit 204B | condos | 2 | 1 | 777 | $249,500 | — |
| 10851 SW 6th St Unit 5 | condos | 2 | 3 | 1,096 | $329,000 | — |
| 165 SW 113th Ct | single_family | 2 | 2 | 1,062 | $519,900 | — |
| 401 SW 109th Ave Apt 23 | condos | 2 | 2 | 1,120 | $339,900 | — |
| 9340 W Flagler St Unit 104B | condos | 2 | 1 | 777 | $350,000 | — |
10-year hold projection
IRR2.0%
Equity multiple1.32x
Total return (10yr)$65,551
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $319,300 | $10,901 | -$9,606 | $245,311 | $73,989 |
| 2 | $328,879 | $11,301 | -$9,241 | $242,438 | $86,441 |
| 3 | $338,745 | $11,714 | -$8,863 | $239,367 | $99,378 |
| 4 | $348,908 | $12,142 | -$8,471 | $236,085 | $112,822 |
| 5 | $359,375 | $12,585 | -$8,066 | $232,578 | $126,797 |
| 6 | $370,156 | $13,042 | -$7,647 | $228,830 | $141,326 |
| 7 | $381,261 | $13,516 | -$7,212 | $224,825 | $156,436 |
| 8 | $392,699 | $14,006 | -$6,762 | $220,545 | $172,154 |
| 9 | $404,480 | $14,512 | -$6,297 | $215,971 | $188,509 |
| 10 | $416,614 | $15,036 | -$5,815 | $211,083 | $205,532 |
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.