3910 NW 3rd Ave
Miami, FL 33127 · townhomes · For Sale · 2 days on market
Asking price$1,599,000
3 beds 4 baths 2,187 sqft
Suggested offer$775,226$823,774 above the est. market value of $775,226.
View on Realtor.com →Listed by Stefan Segall · COMPASS
Typetownhomes
Built2026
Price / sqft$731
Est. value (Zillow, adjusted)$775,226
Rent estimate (own analysis)$5,475/mo
HOANone
1 / 44
Show every detail
Statusfor_sale
Listed date2026-08-31
Removed date—
MLSMiamiMLS #A12078942
Coordinates25.81272, -80.20179
Address3910 NW 3rd Ave
CityMiami
StateFL
Zip33127
Listing ID5697072576
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33127)
Typical home value (ZHVI)$528,160
Typical rent (ZORI)$2,975/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 | $1,599,000 |
| Down payment (20.0%) | $319,800 |
| Loan amount | $1,279,200 |
| Closing costs (5.0%) | $79,950 |
| Total cash to close | $399,750 |
| Income | |
| Rent (comp-derived) | $5,475$65,700 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,037$60,444 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,532$30,381 |
| Insurance (placeholder 0.8% of price) | $1,066$12,792 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $274$3,285 |
| Total operating expenses | $3,872$46,458 |
| 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) | $274$3,285 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 3 | 2,810 | $3,700 | 2026-07-11 | — | |
| townhomes | 3 | 3 | 1,900 | $7,250 | 2026-06-27 | — | |
| townhomes | 3 | 3 | 1,900 | $7,250 | 2026-06-23 | — | |
| townhomes | 3 | 3 | 2,810 | $3,700 | 2026-06-23 | — |
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 |
|---|---|---|---|---|---|---|
| 281 NW 52nd St Unit 281 | townhomes | 4 | 3 | 1,490 | $1,199,000 | 2026-04-13 |
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 |
|---|---|---|---|---|---|---|
| 1130 NW 57th St | single_family | 3 | 2 | 1,131 | $469,900 | — |
| single_family | 3 | 2 | 1,269 | $549,950 | — | |
| 5510 NW 1st Ave | single_family | 3 | 3 | 1,178 | $870,000 | — |
| 1191 NW 49th St | single_family | 3 | 2 | 955 | $470,000 | — |
| 1137 NW 55th St | single_family | 3 | 2 | 1,063 | $550,000 | — |
| 1121 NW 57th St | single_family | 3 | 2 | 1,309 | $616,000 | — |
| 736 NW 41st St | single_family | 3 | 2 | 1,277 | $569,000 | — |
| 583 NW 47th Ter | single_family | 3 | 2 | 1,182 | $747,500 | — |
10-year hold projection
IRR-4.8%
Equity multiple0.20x
Total return (10yr)-$110,476
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,646,970 | $13,986 | -$87,945 | $1,265,331 | $381,639 |
| 2 | $1,696,379 | $14,638 | -$87,375 | $1,250,509 | $445,870 |
| 3 | $1,747,270 | $15,315 | -$86,782 | $1,234,669 | $512,601 |
| 4 | $1,799,689 | $16,019 | -$86,165 | $1,217,742 | $581,947 |
| 5 | $1,853,679 | $16,749 | -$85,522 | $1,199,652 | $654,027 |
| 6 | $1,909,290 | $17,508 | -$84,854 | $1,180,320 | $728,969 |
| 7 | $1,966,568 | $18,296 | -$84,159 | $1,159,661 | $806,907 |
| 8 | $2,025,565 | $19,115 | -$83,436 | $1,137,583 | $887,983 |
| 9 | $2,086,332 | $19,964 | -$82,684 | $1,113,988 | $972,344 |
| 10 | $2,148,922 | $20,846 | -$81,902 | $1,088,774 | $1,060,149 |
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.