7358 7360 Sw 23rd St
Miami, FL 33155 · multi_family · Pending — under contract · 117 days on market
Asking price$800,000
5 beds 3 baths 2,369 sqft
Listed by Antonio Cristobal · Real Estate Sales Force
Typemulti_family
Built1977
Price / sqft$338
Est. value (own analysis)$957,949
Rent estimate (building total, own analysis)$7,239/mo
HOANone
1 / 39
Show every detail
Statusfor_sale
Listed date2026-05-08
Removed date—
MLSMiamiMLS #A12015788
Coordinates25.74894, -80.31495
Address7358 7360 Sw 23rd St
CityMiami
StateFL
Zip33155
Listing ID5714170702
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33155)
Typical home value (ZHVI)$716,503
Typical rent (ZORI)$2,758/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 | $800,000 |
| Down payment (20.0%) | $160,000 |
| Loan amount | $640,000 |
| Closing costs (5.0%) | $40,000 |
| Total cash to close | $200,000 |
| Income | |
| Rent (estimate) | $7,239$86,863 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,660$79,914 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,267$15,200 |
| Insurance (placeholder 0.8% of price) | $533$6,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $362$4,343 |
| Total operating expenses | $2,162$25,943 |
| 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) | $362$4,343 |
| 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.
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 7028 SW 21st St | multi_family | 6 | 4 | 2,540 | $750,000 | 2026-07-22 |
| 5924 Coral Way | multi_family | 3 | 3 | 1,820 | $2,000,000 | 2026-06-11 |
| 2275 SW 61st Ave | multi_family | — | — | — | $1,017,500 | 2026-04-15 |
| 7056 SW 22nd St | multi_family | — | — | 2,664 | $860,000 | 2026-02-27 |
| 7401 SW 21st St | multi_family | — | — | 1,694 | $685,000 | 2026-02-23 |
| 7200 SW 22nd St | multi_family | 5 | 2 | 2,150 | $650,000 | 2026-02-10 |
| 7415 SW 23rd St | multi_family | — | — | 1,296 | $750,000 | 2025-12-12 |
| 7046 SW 22nd St | multi_family | — | — | 1,700 | $830,000 | 2025-11-26 |
| 6750 SW 21st St | multi_family | — | — | 1,500 | $740,000 | 2025-11-10 |
| 7080 SW 22nd St | multi_family | — | — | 1,936 | $670,000 | 2025-10-22 |
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 |
|---|---|---|---|---|---|---|
| 2000 SW 84th Ave | single_family | 5 | 3 | 1,845 | $885,000 | — |
| 2920 SW 69th Ave | single_family | 5 | 5 | 2,457 | $825,000 | — |
| 2231 SW 57th Ct | single_family | 5 | 3 | 2,692 | $650,000 | — |
| 2216 SW 62nd Ave | single_family | 5 | 3 | 2,442 | $910,000 | — |
| 6560 SW 34th St | single_family | 5 | 4 | 1,949 | $825,000 | — |
| 5766 SW 41st St | single_family | 5 | 5 | 3,500 | $1,250,000 | — |
| 6359 SW 34th St | single_family | 5 | 6 | 4,902 | $3,249,000 | — |
| 7390 SW 30th Ter | single_family | 5 | 3 | 2,030 | $1,190,000 | — |
10-year hold projection
IRR11.2%
Equity multiple2.75x
Total return (10yr)$453,686
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $824,000 | $53,971 | $274 | $633,061 | $190,939 |
| 2 | $848,720 | $55,720 | $1,914 | $625,646 | $223,074 |
| 3 | $874,182 | $57,524 | $3,608 | $617,721 | $256,461 |
| 4 | $900,407 | $59,387 | $5,356 | $609,252 | $291,155 |
| 5 | $927,419 | $61,308 | $7,160 | $600,201 | $327,218 |
| 6 | $955,242 | $63,290 | $9,023 | $590,529 | $364,713 |
| 7 | $983,899 | $65,336 | $10,945 | $580,193 | $403,706 |
| 8 | $1,013,416 | $67,446 | $12,930 | $569,147 | $444,269 |
| 9 | $1,043,819 | $69,624 | $14,978 | $557,343 | $486,476 |
| 10 | $1,075,133 | $71,871 | $17,093 | $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.