159 NE 99th St
Miami Shores, FL 33138 · single_family · For Sale · 228 days on market
Asking price$6,495,900
6 beds 6 baths — sqft
Suggested offer$1,350,000$5,145,900 above the est. market value of $1,350,000.
View on Realtor.com →Listed by Steven Vivar · Luxe Properties
Typesingle_family
Built2026
Price / sqft—
Est. value (own analysis)$1,350,000
Rent estimate (own analysis)$29,750/mo
HOANone
1 / 31
Show every detail
Statusfor_sale
Listed date2026-01-17
Removed date—
MLSMiamiMLS #A11947536
Coordinates25.86586, -80.19442
Address159 NE 99th St
CityMiami Shores
StateFL
Zip33138
Listing ID5756147868
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33138)
Typical home value (ZHVI)$806,988
Typical rent (ZORI)$2,367/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 | $6,495,900 |
| Down payment (20.0%) | $1,299,180 |
| Loan amount | $5,196,720 |
| Closing costs (5.0%) | $324,795 |
| Total cash to close | $1,623,975 |
| Income | |
| Rent (comp-derived) | $29,750$357,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $27,370$328,440 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $10,285$123,422 |
| Insurance (placeholder 0.8% of price) | $4,331$51,967 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,488$17,850 |
| Total operating expenses | $16,103$193,239 |
| 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) | $1,488$17,850 |
| 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 | 6 | 4 | 3,500 | $17,000 | 2026-08-13 | — | |
| single_family | 6 | 7 | 5,712 | $65,000 | 2026-07-01 | — | |
| single_family | 6 | 5 | 4,432 | $29,500 | 2026-06-17 | — | |
| single_family | 6 | 8 | 5,568 | $58,500 | 2026-04-15 | — | |
| single_family | 6 | 5 | 3,446 | $30,000 | 2023-02-13 | — | |
| single_family | 6 | 5 | 4,618 | $14,900 | 2026-04-08 | — |
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 |
|---|---|---|---|---|---|---|
| 1001 NE 86th St | single_family | 3 | 3 | 2,216 | $1,640,000 | 2026-09-01 |
| 101 NE 63rd St | single_family | 3 | 1 | 1,128 | $395,000 | 2026-08-31 |
| 870 NE 97th St | single_family | 3 | 3 | 1,479 | $1,015,000 | 2026-08-31 |
| 1450 NE 102nd St | single_family | 3 | 3 | 2,534 | $1,750,000 | 2026-08-31 |
| 790 NE 96th St | single_family | 3 | 4 | 1,419 | $1,250,000 | 2026-08-31 |
| 10570 NE 3rd Ave | single_family | 3 | 3 | 2,400 | $1,520,000 | 2026-08-28 |
| 601 NE 105th St | single_family | 3 | 2 | 2,730 | $950,000 | 2026-08-26 |
| 500 NE 95th St | single_family | 2 | 1 | 1,462 | $800,000 | 2026-08-25 |
| 830 NE 83rd St | single_family | 3 | 2 | 1,494 | $930,000 | 2026-08-25 |
| 475 NE 91st St | single_family | 3 | 2 | 1,920 | $1,230,000 | 2026-08-21 |
| 9805 NE 4th Avenue Rd | single_family | 3 | 2 | 1,217 | $1,025,000 | 2026-08-21 |
| 9301 N Bayshore Dr | single_family | 4 | 5 | 4,225 | $8,000,000 | 2026-08-18 |
| 1140 NE 87th St | single_family | 3 | 3 | 2,123 | $2,400,000 | 2026-08-14 |
| 1031 NE 72nd St | single_family | 3 | 2 | 2,149 | $2,250,000 | 2026-08-13 |
| 436 NE 88th St | single_family | 5 | 2 | 2,324 | $2,050,000 | 2026-08-12 |
| 6329 NE 1st Ave | single_family | 2 | 1 | 827 | $210,000 | 2026-08-12 |
| 1106 NE 86th St | single_family | 3 | 2 | 2,072 | $1,200,000 | 2026-08-11 |
| 360 NE 91st St | single_family | 3 | 3 | 2,042 | $1,900,000 | 2026-08-10 |
| 454 NE 76th St | single_family | 3 | 2 | 970 | $821,000 | 2026-08-10 |
| 10610 NE 11th Ave | single_family | 2 | 2 | 1,965 | $1,485,000 | 2026-08-10 |
| 666 NE 62nd St | single_family | 2 | 2 | 1,210 | $900,000 | 2026-08-07 |
| 619 NE 87th St | single_family | 3 | 2 | 1,489 | $667,000 | 2026-08-07 |
| 1130 NE 104th St | single_family | 3 | 2 | 2,046 | $1,350,000 | 2026-08-05 |
| 453 NE 89th St | single_family | 3 | 2 | 1,690 | $1,350,000 | 2026-08-04 |
| 8250 NE 3rd Ct | single_family | 3 | 3 | 1,647 | $1,035,000 | 2026-08-03 |
| 434 NE 77th St | single_family | 3 | 2 | 1,346 | $965,000 | 2026-08-03 |
| 390 NE 103rd St | single_family | 5 | 4 | 2,770 | $1,690,000 | 2026-07-31 |
| 124 NE 96th St | single_family | 3 | 2 | 4,086 | $2,625,000 | 2026-07-28 |
| 273 NE 98th St | single_family | 3 | 4 | 2,515 | $2,550,000 | 2026-07-24 |
| 1234 NE 96th St | single_family | 5 | 6 | 5,812 | $3,125,000 | 2026-07-24 |
| 880 NE 72nd Ter | single_family | 3 | 3 | 1,716 | $1,475,000 | 2026-07-23 |
| 861 NE 74th St | single_family | 2 | 1 | 1,221 | $1,500,000 | 2026-07-23 |
| 1090 NE 92nd St | single_family | 4 | 2 | 3,227 | $2,435,000 | 2026-07-22 |
| 8250 NE 4th Ave | single_family | 2 | 2 | 1,376 | $500,000 | 2026-07-20 |
| 6322 NE 5th Ave | single_family | 4 | 2 | 2,161 | $840,000 | 2026-07-17 |
| 1110 NE 100th St | single_family | 4 | 3 | 2,191 | $1,680,000 | 2026-07-15 |
| 9105 NE 5th Ave | single_family | 3 | 2 | 1,894 | $2,300,000 | 2026-07-14 |
| 597 NE 93rd St | single_family | 3 | 2 | 2,798 | $2,500,000 | 2026-07-10 |
| 115 NE 88th St | single_family | 3 | 2 | 2,257 | $1,245,000 | 2026-07-10 |
| 9880 NE 9th Ave | single_family | 3 | 3 | 1,574 | $1,075,000 | 2026-07-09 |
| 8910 NE 9th Ct | single_family | 3 | 2 | 1,434 | $1,110,000 | 2026-07-08 |
| 860 NE 73rd St | single_family | 3 | 2 | 1,808 | $1,450,000 | 2026-07-08 |
| 9999 NE 12th Ave | single_family | 3 | 2 | 2,905 | $1,651,000 | 2026-07-07 |
| 485 NE 96th St | single_family | 3 | 3 | 2,866 | $1,640,000 | 2026-07-07 |
| 10643 NE 11th Ave | single_family | 3 | 2 | 1,739 | $1,025,000 | 2026-07-06 |
| 8730 NE 8th Ct | single_family | 2 | 1 | 930 | $725,000 | 2026-07-02 |
| 9357 NE 9th Pl | single_family | 2 | 2 | 1,324 | $1,640,000 | 2026-07-01 |
| 745 NE 88th St | single_family | 3 | 2 | 1,721 | $800,000 | 2026-06-26 |
| 1080 NE 86th St | single_family | 2 | 3 | 1,496 | $1,375,000 | 2026-06-26 |
| 866 NE 99th St | single_family | 3 | 3 | 1,907 | $1,150,000 | 2026-06-26 |
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 |
|---|---|---|---|---|---|---|
| 499 NE 64th St | multi_family | 6 | 6 | 2,483 | $3,000,000 | — |
| 650 NE 76th St | single_family | 6 | 5 | 3,107 | $2,799,000 | — |
| 1110 NE 84th St | single_family | 6 | 7 | — | $3,650,000 | — |
| 7700 NE 1st Ct | single_family | 6 | 2 | 1,211 | $615,000 | — |
| 775 NE 77th Ter | single_family | 6 | 7 | 6,902 | $9,500,000 | — |
| 7101 NE 10th Ave | single_family | 6 | 7 | 8,118 | $24,850,000 | — |
| 7115 NE 10th Ave | single_family | 6 | 7 | 7,392 | $18,700,000 | — |
| 7525 NE Miami Ct | multi_family | 6 | 10 | 2,454 | $920,000 | — |
10-year hold projection
IRR-1.7%
Equity multiple0.72x
Total return (10yr)$400,471
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $6,690,777 | $135,201 | -$283,396 | $5,140,376 | $1,550,401 |
| 2 | $6,891,500 | $140,223 | -$278,820 | $5,080,163 | $1,811,337 |
| 3 | $7,098,245 | $145,420 | -$274,080 | $5,015,815 | $2,082,431 |
| 4 | $7,311,193 | $150,798 | -$269,171 | $4,947,048 | $2,364,145 |
| 5 | $7,530,528 | $156,362 | -$264,087 | $4,873,559 | $2,656,970 |
| 6 | $7,756,444 | $162,119 | -$258,822 | $4,795,023 | $2,961,421 |
| 7 | $7,989,138 | $168,076 | -$253,371 | $4,711,094 | $3,278,044 |
| 8 | $8,228,812 | $174,239 | -$247,725 | $4,621,402 | $3,607,410 |
| 9 | $8,475,676 | $180,615 | -$241,880 | $4,525,550 | $3,950,126 |
| 10 | $8,729,946 | $187,210 | -$235,828 | $4,423,116 | $4,306,830 |
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.