941 SW 7th Pl
Florida City, FL 33034 · single_family · For Sale · 22 days on market
Asking price$345,000
3 beds 2 baths 840 sqft
Suggested offer$248,279$96,721 above the est. market value of $248,279.
View on Realtor.com →Listed by Roman Pavlik · Laurie Finkelstein Reader Team
Typesingle_family
Built1994
Price / sqft$411
Est. value (own analysis)$248,279
Rent estimate (own analysis)$2,150/mo
HOA$150/mo
1 / 29
Show every detail
Statusfor_sale
Listed date2026-08-12
Removed date—
MLSMiamiMLS #A12062593
Coordinates25.43809, -80.48836
Address941 SW 7th Pl
CityFlorida City
StateFL
Zip33034
Listing ID5720814650
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33034)
Typical home value (ZHVI)$382,671
Typical rent (ZORI)$2,436/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 | $345,000 |
| Down payment (20.0%) | $69,000 |
| Loan amount | $276,000 |
| Closing costs (5.0%) | $17,250 |
| Total cash to close | $86,250 |
| Income | |
| Rent (comp-derived) | $2,150$25,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,978$23,736 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $546$6,555 |
| Insurance (placeholder 0.8% of price) | $230$2,760 |
| HOA dues | $150$1,800 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $108$1,290 |
| Total operating expenses | $1,034$12,405 |
| 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) | $108$1,290 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 3 | 2 | 1,050 | $2,150 | 2026-08-20 | — | |
| single_family | 3 | 2 | 1,099 | $2,100 | 2026-07-01 | — | |
| single_family | 3 | 2 | 1,053 | $2,200 | 2026-06-26 | — | |
| single_family | 3 | 2 | 1,000 | $1,750 | — | — | |
| single_family | 3 | 2 | 1,099 | $2,300 | 2026-07-27 | — |
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 |
|---|---|---|---|---|---|---|
| 990 SW 9th Ct | single_family | 3 | 2 | 1,053 | $379,900 | 2026-08-12 |
| 578 SW 2nd St | single_family | 3 | 2 | 1,196 | $444,000 | 2026-08-07 |
| 655 SW 4th Ter | single_family | 3 | 1 | 2,283 | $225,000 | 2026-07-02 |
| 1616 NW 7th Pl | single_family | 3 | 2 | 1,358 | $389,000 | 2026-05-26 |
| 743 NW 7th Ave | single_family | 3 | 1 | 1,075 | $415,000 | 2026-05-20 |
| 19555 SW 339th Ter | single_family | 3 | 3 | 1,732 | $512,000 | 2026-05-18 |
| 600 NE 5th Ter | single_family | 3 | 2 | 1,521 | $449,500 | 2026-04-16 |
| 19225 SW 334th St | single_family | 3 | 1 | 880 | $430,000 | 2026-04-15 |
| 18860 SW 354th Ter | single_family | 3 | 2 | 1,440 | $560,000 | 2026-04-07 |
| 624 NE 5th Way | single_family | 3 | 2 | 1,521 | $420,000 | 2026-02-12 |
| 432 NW 15th St | single_family | 3 | 2 | 1,092 | $320,000 | 2026-02-12 |
| 561 NW 10 Ct | single_family | 3 | 3 | — | $303,475 | 2026-02-03 |
| 19645 SW 339th Ter | single_family | 3 | 2 | 1,749 | $511,600 | 2025-12-30 |
| 34480 SW 191st Ave | single_family | 3 | 3 | — | $395,000 | 2025-12-03 |
| 854 SW 9th Ct | single_family | 3 | 2 | 1,344 | $283,000 | 2025-10-15 |
| 175 SW 6th Ln | single_family | 3 | 2 | 1,276 | $300,000 | 2025-10-10 |
| 1461 NW 2nd Ct | single_family | 3 | 1 | 858 | $255,000 | 2025-10-09 |
| 360 SW 3rd St | single_family | 3 | 1 | 1,300 | $395,000 | 2025-09-29 |
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 |
|---|---|---|---|---|---|---|
| 1431 NE 5th Avenue | townhomes | 3 | 2 | 1,448 | $450,990 | — |
| 35605 SW 180th Ave | single_family | 3 | 2 | 1,414 | $342,990 | — |
| 35817 SW 178th Ct | townhomes | 3 | 3 | 1,338 | $393,790 | — |
| SW 328 St & SW 172nd Ave | single_family | 3 | 2 | 1,545 | $363,990 | — |
| 18917 SW 357 St | condo_townhome_rowhome_coop | 3 | 3 | 1,460 | $347,090 | — |
| 18927 SW 357 St | condo_townhome_rowhome_coop | 3 | 3 | 1,373 | $343,590 | — |
| SW 336 St & SW 194 Ave | single_family | 3 | 2 | 1,732 | $546,990 | — |
| 35605 SW 180th Ave | single_family | 3 | 2 | 1,545 | $351,990 | — |
10-year hold projection
IRR1.5%
Equity multiple1.24x
Total return (10yr)$65,576
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $355,350 | $11,331 | -$11,243 | $273,008 | $82,342 |
| 2 | $366,011 | $11,733 | -$10,873 | $269,810 | $96,201 |
| 3 | $376,991 | $12,149 | -$10,491 | $266,392 | $110,599 |
| 4 | $388,301 | $12,578 | -$10,095 | $262,740 | $125,561 |
| 5 | $399,950 | $13,022 | -$9,685 | $258,837 | $141,113 |
| 6 | $411,948 | $13,481 | -$9,262 | $254,666 | $157,282 |
| 7 | $424,306 | $13,956 | -$8,824 | $250,208 | $174,098 |
| 8 | $437,036 | $14,447 | -$8,371 | $245,445 | $191,591 |
| 9 | $450,147 | $14,954 | -$7,902 | $240,354 | $209,793 |
| 10 | $463,651 | $15,478 | -$7,417 | $234,914 | $228,737 |
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.