9001-9143 SW 77th Ave

Miami, FL 33156 · multi_family · For Sale · 202 days on market
Asking price$4,500,000
6 beds 5 baths — sqft
Suggested offer$1,225,000$3,275,000 above the est. market value of $1,225,000.
View on Realtor.com →
Listed by Joel Dominguez · DMG Realty
Typemulti_family
Built1971
Price / sqft
Est. value (own analysis)$1,225,000
Rent estimate (building total, own analysis)$11,400/mo
HOA$581/mo
Street view
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-02-13
Removed date
MLSMiamiMLS #A11962959
Coordinates25.68629, -80.31832
Address9001-9143 SW 77th Ave
CityMiami
StateFL
Zip33156
Listing ID5732705756
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33156)

Typical home value (ZHVI)$1,543,591
Typical rent (ZORI)$2,706/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$4,500,000
Down payment (20.0%)$900,000
Loan amount$3,600,000
Closing costs (5.0%)$225,000
Total cash to close$1,125,000
Rent (estimate)$11,400$136,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$136,800
Vacancy rate (assumption) assumption8.0%

$136,800 × 8.0% = $10,944

Effective gross income$10,488$125,856
Property tax (placeholder 1.9% of price)$7,125$85,500
Insurance (placeholder 0.8% of price)$3,000$36,000
HOA dues$581$6,972
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$570$6,840
Total operating expenses$11,276$135,312
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$125,856
Total operating expenses derived$135,312

$125,856 − $135,312 = -$9,456

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$3,600,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$3,600,000 amortized at 6.7% over 30 years = $23,135/mo

CapEx reserve (5.0% of GSR)$570$6,840
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-$9,456
Annual debt service derived$277,615
Annual CapEx reserve assumption$6,840
Annual PMI assumption$0

(-$9,456 − $277,615 − $6,840 − $0) ÷ 12 = -$24,493

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$9,456
Purchase price data$4,500,000

-$9,456 ÷ $4,500,000 = -0.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$293,911
Total cash to close derived$1,125,000

-$293,911 ÷ $1,125,000 = -26.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$9,456
Annual debt service derived$277,615

-$9,456 ÷ $277,615 = -0.03

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$136,800
Purchase price data$4,500,000

($136,800 ÷ 12) ÷ $4,500,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$4,500,000
Gross scheduled rent (annual) comp$136,800

$4,500,000 ÷ $136,800 = 32.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$135,312
Effective gross income derived$125,856

$135,312 ÷ $125,856 = 107.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$135,312
Annual debt service derived$277,615
Annual PMI assumption$0
Gross scheduled rent (annual) comp$136,800

($135,312 + $277,615 + $0) ÷ $136,800 = 301.8%

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
10650 SW 77th Ctmulti_family4,007$1,630,0002026-08-31
8371 SW 122nd Stmulti_family2,672$1,400,0002026-02-25
8620 SW 128th Stmulti_family421,596$850,0002025-12-18
10504 SW 77th Ctmulti_family2,488$1,225,0002025-12-17
11434 SW 81st Rdmulti_family2,395$1,000,0002025-12-15

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
8350 SW 98th Stsingle_family657,953$4,500,000
9840 SW 73rd Ctsingle_family686,841$6,499,000
11011 Marin Stsingle_family645,457$5,999,999
6600 SW 111th Stsingle_family677,563$5,785,000
7830 SW 117th Stsingle_family685,759$5,495,999
7765 SW 133rd Tersingle_family67$2,000,000
6700 SW 132nd Stsingle_family669,454$6,695,000
585 Arvida Pkwysingle_family689,236$27,500,000

10-year hold projection

IRR-7.5%
Equity multiple-0.27x
Total return (10yr)-$842,399
YearProperty valueNOICash flowLoan balanceEquity
1$4,635,000-$9,456-$293,911$3,560,968$1,074,032
2$4,774,050-$9,063-$293,689$3,519,256$1,254,794
3$4,917,272-$8,642-$293,443$3,474,679$1,442,593
4$5,064,790-$8,190-$293,171$3,427,041$1,637,749
5$5,216,733-$7,707-$292,872$3,376,132$1,840,602
6$5,373,235-$7,192-$292,545$3,321,726$2,051,509
7$5,534,432-$6,642-$292,189$3,263,585$2,270,847
8$5,700,465-$6,056-$291,802$3,201,451$2,499,014
9$5,871,479-$5,434-$291,383$3,135,050$2,736,429
10$6,047,624-$4,773-$290,930$3,064,090$2,983,534
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.