2784 SW 34th Ave

Miami, FL 33133 · townhomes · For Sale · 26 days on market
Asking price$1,450,000
3 beds 4 baths 4,072 sqft
View on Realtor.com →
Listed by Grehyni Narvaez · Avanti Way
Typetownhomes
Built2013
Price / sqft$356
Est. value (own analysis)$2,865,900
Rent estimate (own analysis)$8,528/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-08-07
Removed date
MLSMiamiMLS #A12067285
Coordinates25.73933, -80.24992
Address2784 SW 34th Ave
CityMiami
StateFL
Zip33133
Listing ID5701699850
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33133)

Typical home value (ZHVI)$1,352,044
Typical rent (ZORI)$3,793/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$1,450,000
Down payment (20.0%)$290,000
Loan amount$1,160,000
Closing costs (5.0%)$72,500
Total cash to close$362,500
Rent (comp-derived)$8,528$102,330
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$102,330
Vacancy rate (assumption) assumption8.0%

$102,330 × 8.0% = $8,186

Effective gross income$7,845$94,144
Property tax (placeholder 1.9% of price)$2,296$27,550
Insurance (placeholder 0.8% of price)$967$11,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$426$5,117
Total operating expenses$3,689$44,267
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$94,144
Total operating expenses derived$44,267

$94,144 − $44,267 = $49,877

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$1,160,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,160,000 amortized at 6.7% over 30 years = $7,454/mo

CapEx reserve (5.0% of GSR)$426$5,117
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$49,877
Annual debt service derived$89,454
Annual CapEx reserve assumption$5,117
Annual PMI assumption$0

($49,877 − $89,454 − $5,117 − $0) ÷ 12 = -$3,724

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$49,877
Purchase price data$1,450,000

$49,877 ÷ $1,450,000 = 3.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$44,693
Total cash to close derived$362,500

-$44,693 ÷ $362,500 = -12.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$49,877
Annual debt service derived$89,454

$49,877 ÷ $89,454 = 0.56

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$102,330
Purchase price data$1,450,000

($102,330 ÷ 12) ÷ $1,450,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,450,000
Gross scheduled rent (annual) comp$102,330

$1,450,000 ÷ $102,330 = 14.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$44,267
Effective gross income derived$94,144

$44,267 ÷ $94,144 = 47.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$44,267
Annual debt service derived$89,454
Annual PMI assumption$0
Gross scheduled rent (annual) comp$102,330

($44,267 + $89,454 + $0) ÷ $102,330 = 130.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes331,719$6,8002026-08-14
townhomes331,275$6,3002026-08-07
townhomes332,454$12,5002026-08-05
townhomes332,200$5,0002026-07-05
townhomes332,040$5,9002026-06-23
townhomes331,535$8,8002026-06-18
townhomes331,650$12,0002026-06-17
townhomes331,650$12,0002026-06-16
townhomes342,291$13,5002026-06-01
townhomes331,604$9,9852026-08-03
townhomes331,604$9,9852026-08-03
townhomes331,629$4,7002026-08-02
townhomes321,450$3,9502026-08-01
townhomes332,300$9,9982026-07-31
townhomes332,160$8,0002026-07-30
townhomes331,560$8,2552026-07-28
townhomes332,110$11,0002026-08-24
townhomes331,220$6,150

2869 W Trade Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,719
Listed2026-08-14
Days on market

Asking rent: $6,800

View on Zillow →

3143 Virginia St Unit 3

Coconut Grove, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,275
Listed2026-08-07
Days on market

Asking rent: $6,300

View on Zillow →

2938 Catalina St

Coconut Grove, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,454
Listed2026-08-05
Days on market

Asking rent: $12,500

View on Zillow →

2782 SW 33rd Ave Unit 2782

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,200
Listed2026-07-05
Days on market

Asking rent: $5,000

View on Zillow →

2919 Virginia St

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,040
Listed2026-06-23
Days on market

Asking rent: $5,900

View on Zillow →

3374 Perry Frow Dr Unit B

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,535
Listed2026-06-18
Days on market

Asking rent: $8,800

View on Zillow →

3125 Paola Dr Unit 15

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,650
Listed2026-06-17
Days on market

Asking rent: $12,000

View on Zillow →

3125 Paola Dr

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,650
Listed2026-06-16
Days on market

Asking rent: $12,000

View on Zillow →

3135 Ohio St Unit 3135

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,291
Listed2026-06-01
Days on market

Asking rent: $13,500

View on Zillow →

3603 Thomas Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,604
Listed2026-08-03
Days on market

Asking rent: $9,985

View on Zillow →

3620 Plaza St

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,604
Listed2026-08-03
Days on market

Asking rent: $9,985

View on Zillow →

2732 SW 26th St Unit 2732

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,629
Listed2026-08-02
Days on market

Asking rent: $4,700

View on Zillow →

2352 SW 26th Ln

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,450
Listed2026-08-01
Days on market

Asking rent: $3,950

View on Zillow →

3160 Matilda St Unit 3160

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,300
Listed2026-07-31
Days on market

Asking rent: $9,998

View on Zillow →

3067 Carter St

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,160
Listed2026-07-30
Days on market

Asking rent: $8,000

View on Zillow →

3335 Thomas Ave Apt 103

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,560
Listed2026-07-28
Days on market

Asking rent: $8,255

View on Zillow →

3068 Shipping Ave

Coconut Grove, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,110
Listed2026-08-24
Days on market

Asking rent: $11,000

View on Zillow →

3135 Gifford Ln # 3135

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,220
Listed
Days on market

Asking rent: $6,150

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
2977 Bridgeport Avetownhomes342,802$2,520,0002026-07-31
3376 Day Ave Unit Btownhomes33$1,475,0002026-07-31
2721 SW 22nd Ave Unit Ctownhomes332,215$1,799,0002026-07-20
3374 Day Ave Unit Atownhomes33$1,575,0002026-07-17
2917 SW 30th Ct Unit 2917townhomes342,445$1,130,0002026-07-02
3318 Day Ave Unit 7townhomes332,577$1,575,0002026-06-29
3407 Day Ave Unit 3407townhomes332,522$1,775,0002026-06-16

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
3350 SW 27th Ave Apt 1802condos332,522$3,100,000
3 Grove Isle Dr Unit C410condos332,424$2,695,000
2678 Tigertail Ave Apt 401condos341,811$3,250,000
2901 S Bayshore Dr Apt 1Bcondos321,587$1,985,000
3431 SW 25th Stsingle_family321,296$740,000
2155 SW 25th Tersingle_family331,628$1,429,000
2678 Tigertail Ave Apt 1806condos342,058$3,995,000
2 Grove Isle Dr Unit B1109condos332,614$2,900,000

10-year hold projection

IRR1.9%
Equity multiple1.31x
Total return (10yr)$302,818
YearProperty valueNOICash flowLoan balanceEquity
1$1,493,500$49,877-$44,693$1,147,423$346,077
2$1,538,305$51,595-$43,103$1,133,982$404,323
3$1,584,454$53,369-$41,460$1,119,619$464,835
4$1,631,988$55,203-$39,760$1,104,269$527,719
5$1,680,947$57,098-$38,004$1,087,865$593,083
6$1,731,376$59,055-$36,188$1,070,334$661,042
7$1,783,317$61,077-$34,310$1,051,600$731,717
8$1,836,817$63,166-$32,370$1,031,579$805,238
9$1,891,921$65,324-$30,364$1,010,183$881,738
10$1,948,679$67,553-$28,290$987,318$961,360
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.