71 NW 76th St Apt 16
Miami, FL 33150 · condos · For Sale · 1141 days on market
Asking price$148,000
1 beds 1 baths 568 sqft
Suggested offer$81,496$66,504 above the est. market value of $81,496.
View on Realtor.com →Listed by Justino Ferret · United Realty Group Inc
Typecondos
Built1961
Price / sqft$261
Est. value (own analysis)$81,496
Rent estimate (own analysis)$1,700/mo
HOA$255/mo
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Statusfor_sale
Listed date2023-07-19
Removed date—
MLSMiamiMLS #A11422222
Coordinates25.84507, -80.19818
Address71 NW 76th St Apt 16
CityMiami
StateFL
Zip33150
Listing ID5761304539
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33150)
Typical home value (ZHVI)$453,432
Typical rent (ZORI)$2,416/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 | $148,000 |
| Down payment (20.0%) | $29,600 |
| Loan amount | $118,400 |
| Closing costs (5.0%) | $7,400 |
| Total cash to close | $37,000 |
| Income | |
| Rent (comp-derived) | $1,700$20,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,564$18,768 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $234$2,812 |
| Insurance (placeholder 0.8% of price) | $99$1,184 |
| HOA dues | $255$3,060 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $85$1,020 |
| Total operating expenses | $673$8,076 |
| 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) | $85$1,020 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 1 | 1 | 465 | $1,500 | 2026-08-19 | — | |
| apartment | 1 | 1 | 505 | $1,900 | 2026-08-15 | — | |
| apartment | 1 | 1 | 480 | $1,000 | 2026-08-07 | — | |
| condos | 1 | 1 | 550 | $1,700 | 2026-08-05 | — | |
| apartment | 1 | 1 | 600 | $1,800 | 2026-07-09 | — | |
| apartment | 1 | 1 | 542 | $1,750 | 2026-07-08 | — | |
| apartment | 1 | 1 | 592 | $1,900 | 2026-07-08 | — | |
| apartment | 1 | 1 | 520 | $1,650 | 2026-07-02 | — | |
| apartment | 1 | 1 | 589 | $1,378 | 2026-06-25 | — | |
| apartment | 1 | 1 | 505 | $1,700 | 2026-06-22 | — | |
| apartment | 1 | 1 | 650 | $1,650 | 2026-06-17 | — | |
| condos | 1 | 1 | 465 | $1,799 | 2026-06-17 | — | |
| apartment | 1 | 1 | 550 | $1,500 | 2026-06-05 | — | |
| apartment | 1 | 1 | 650 | $1,875 | 2026-06-04 | — | |
| apartment | 1 | 1 | 550 | $1,600 | 2026-05-18 | — | |
| apartment | 1 | 1 | 550 | $1,900 | 2026-09-02 | — | |
| condos | 1 | 1 | 551 | $1,500 | 2026-08-04 | — | |
| apartment | 1 | 1 | 505 | $1,300 | 2026-07-28 | — | |
| apartment | 1 | 1 | 700 | $1,499 | 2026-04-06 | — | |
| apartment | 1 | 1 | 600 | $1,900 | 2026-04-22 | — | |
| apartment | 1 | 1 | 600 | $1,800 | 2026-04-06 | — | |
| apartment | 1 | 1 | 462 | $1,700 | 2026-03-17 | — | |
| apartment | 1 | 1 | 480 | $1,000 | — | — |
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 |
|---|---|---|---|---|---|---|
| 457 NW 84th St Unit 457 | condos | 3 | 2 | 1,150 | $165,000 | 2026-05-22 |
| 8301 NW 5th Ave Unit 8301 | condos | 4 | 2 | 1,410 | $170,000 | 2026-04-10 |
| 8459 NW 4th Ct Unit 8459 | condos | 2 | 1 | 930 | $202,950 | 2025-12-05 |
| 429 NW 83rd St Unit 429 | condos | 4 | 3 | 1,660 | $223,800 | 2025-10-06 |
| 8448 NW 4 Unit 8448 | condos | 2 | 1 | 930 | $205,000 | 2025-10-06 |
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 |
|---|---|---|---|---|---|---|
| 8044 NW 1st Pl | multi_family | 1 | 2 | 1,531 | $815,000 | — |
| 300 NW 84th Ter Unit 300 | condos | 1 | 1 | 465 | $180,000 | — |
| 70 NW 77th St Apt 9 | condos | 1 | 1 | 551 | $123,900 | — |
| 6960 NW 4th Ave Apt 3 | condo_townhome_rowhome_coop | 1 | 1 | 690 | $198,000 | — |
| 70 NW 77th St Apt 11 | condos | 1 | 1 | 551 | $150,000 | — |
| 71 NW 76th St Apt 5 | condos | 1 | 1 | 551 | $130,000 | — |
10-year hold projection
IRR12.4%
Equity multiple2.92x
Total return (10yr)$90,469
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $152,440 | $10,692 | $542 | $117,116 | $35,324 |
| 2 | $157,013 | $11,053 | $877 | $115,744 | $41,269 |
| 3 | $161,724 | $11,426 | $1,224 | $114,278 | $47,445 |
| 4 | $166,575 | $11,811 | $1,582 | $112,712 | $53,864 |
| 5 | $171,573 | $12,209 | $1,953 | $111,037 | $60,535 |
| 6 | $176,720 | $12,620 | $2,336 | $109,248 | $67,472 |
| 7 | $182,021 | $13,044 | $2,731 | $107,336 | $74,686 |
| 8 | $187,482 | $13,482 | $3,140 | $105,292 | $82,190 |
| 9 | $193,106 | $13,935 | $3,562 | $103,108 | $89,998 |
| 10 | $198,900 | $14,402 | $3,998 | $100,775 | $98,125 |
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.