2000 S Bayshore Dr Apt 65
Miami, FL 33133 · townhomes · For Sale · 83 days on market
Asking price$3,185,000
4 beds 4 baths 3,725 sqft
Suggested offer$2,848,529$336,471 above the est. market value of $2,848,529.
View on Realtor.com →Listed by Frank Kissel · BHHS EWM Realty
Typetownhomes
Built1984
Price / sqft$855
Est. value (own analysis)$2,848,529
Rent estimate (own analysis)$15,250/mo
HOA$1,629/mo
1 / 52
Show every detail
Statusfor_sale
Listed date2026-06-11
Removed date—
MLSMiamiMLS #A12035616
Coordinates25.73698, -80.22558
Address2000 S Bayshore Dr Apt 65
CityMiami
StateFL
Zip33133
Listing ID5781311276
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33133)
Typical home value (ZHVI)$1,352,044
Typical rent (ZORI)$3,793/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 | $3,185,000 |
| Down payment (20.0%) | $637,000 |
| Loan amount | $2,548,000 |
| Closing costs (5.0%) | $159,250 |
| Total cash to close | $796,250 |
| Income | |
| Rent (comp-derived) | $15,250$183,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $14,030$168,360 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $5,043$60,515 |
| Insurance (placeholder 0.8% of price) | $2,123$25,480 |
| HOA dues | $1,629$19,548 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $763$9,150 |
| Total operating expenses | $9,558$114,693 |
| 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) | $763$9,150 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 4 | 4 | 2,532 | $8,700 | 2026-08-05 | — | |
| townhomes | 4 | 4 | 3,108 | $15,250 | 2025-07-16 | — | |
| townhomes | 4 | 5 | 2,757 | $18,000 | 2024-10-22 | — |
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 |
|---|---|---|---|---|---|---|
| 2962 W Trade Ave | townhomes | 5 | 6 | — | $2,635,000 | 2026-08-19 |
| 2977 Bridgeport Ave | townhomes | 3 | 4 | 2,802 | $2,520,000 | 2026-07-31 |
| 3376 Day Ave Unit B | townhomes | 3 | 3 | — | $1,475,000 | 2026-07-31 |
| 3197 Virginia St | townhomes | 2 | 3 | 1,810 | $1,325,000 | 2026-07-24 |
| 2721 SW 22nd Ave Unit C | townhomes | 3 | 3 | 2,215 | $1,799,000 | 2026-07-20 |
| 3374 Day Ave Unit A | townhomes | 3 | 3 | — | $1,575,000 | 2026-07-17 |
| 2917 SW 30th Ct Unit 2917 | townhomes | 3 | 4 | 2,445 | $1,130,000 | 2026-07-02 |
| 3318 Day Ave Unit 7 | townhomes | 3 | 3 | 2,577 | $1,575,000 | 2026-06-29 |
| 2960 Day Ave Unit 3201 | townhomes | 2 | 3 | 1,275 | $975,000 | 2026-06-29 |
| 2916 Jackson Ave Unit 2916 | townhomes | 4 | 4 | 2,902 | $2,809,850 | 2026-06-25 |
| 3407 Day Ave Unit 3407 | townhomes | 3 | 3 | 2,522 | $1,775,000 | 2026-06-16 |
| 3086 Indiana St | townhomes | 4 | 4 | 2,655 | $2,600,000 | 2026-06-16 |
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 |
|---|---|---|---|---|---|---|
| 72 Shore Dr W | single_family | 4 | 5 | 3,328 | $4,200,000 | — |
| 4110 Battersea Rd | single_family | 4 | 4 | 2,787 | $2,590,000 | — |
| 3794 Irvington Ave | single_family | 4 | 2 | 1,796 | $2,085,000 | — |
| 4120 Lybyer Ave | single_family | 4 | 3 | 1,981 | $2,750,000 | — |
| 2927 SW 36th Ave | townhomes | 4 | 6 | — | $1,685,000 | — |
| 5 Grove Isle Dr Apt M502 | condos | 4 | 5 | 3,677 | $9,995,000 | — |
| 3372 Charles Ave | single_family | 4 | 5 | 3,026 | $4,160,000 | — |
| 3352 Charles Ave | single_family | 4 | 5 | 3,150 | $4,225,000 | — |
10-year hold projection
IRR-2.8%
Equity multiple0.54x
Total return (10yr)$52,381
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $3,280,550 | $53,667 | -$151,973 | $2,520,374 | $760,176 |
| 2 | $3,378,967 | $55,850 | -$150,018 | $2,490,851 | $888,115 |
| 3 | $3,480,336 | $58,114 | -$147,989 | $2,459,301 | $1,021,035 |
| 4 | $3,584,746 | $60,460 | -$145,883 | $2,425,584 | $1,159,162 |
| 5 | $3,692,288 | $62,891 | -$143,698 | $2,389,551 | $1,302,737 |
| 6 | $3,803,057 | $65,411 | -$141,431 | $2,351,044 | $1,452,012 |
| 7 | $3,917,148 | $68,022 | -$139,079 | $2,309,893 | $1,607,255 |
| 8 | $4,034,663 | $70,728 | -$136,638 | $2,265,916 | $1,768,746 |
| 9 | $4,155,703 | $73,531 | -$134,107 | $2,218,920 | $1,936,783 |
| 10 | $4,280,374 | $76,436 | -$131,481 | $2,168,695 | $2,111,678 |
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.