400 NW 87th St
El Portal, FL 33150 · single_family · For Sale · 29 days on market
Asking price$1,300,000
8 beds 9 baths 1,399 sqft
Suggested offer$578,484$721,516 above the est. market value of $578,484.
View on Realtor.com →Listed by Juan Zuluaga · Coldwell Banker Realty
Typesingle_family
Built1948
Price / sqft$929
Est. value (own analysis)$578,484
Rent estimate (Zillow ZIP avg)$2,416/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood8/10severe$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-04
Removed date—
MLSMiamiMLS #A12064448
Coordinates25.85422, -80.20461
Address400 NW 87th St
CityEl Portal
StateFL
Zip33150
Listing ID5782005327
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 | $1,300,000 |
| Down payment (20.0%) | $260,000 |
| Loan amount | $1,040,000 |
| Closing costs (5.0%) | $65,000 |
| Total cash to close | $325,000 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,416$28,993 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,223$26,674 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,058$24,700 |
| Insurance (est. scaled by flood & wind risk) | $1,690$20,280 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $121$1,450 |
| Total operating expenses | $3,869$46,430 |
| 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) | $121$1,450 |
| 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.
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 6841 NW 2nd Ct | single_family | 4 | 3 | 1,701 | $490,000 | 2026-09-01 |
| 751 NW 70th St | single_family | 3 | 2 | 1,372 | $535,000 | 2026-08-24 |
| 9025 NW 9th Ct | single_family | 2 | 1 | 958 | $300,000 | 2026-08-18 |
| 1086 NW 101st St | single_family | 3 | 1 | 946 | $360,000 | 2026-08-10 |
| 943 NW 63rd St | single_family | 3 | 1 | 1,021 | $415,000 | 2026-08-10 |
| 560 NW 97th St | single_family | 2 | 1 | 850 | $405,000 | 2026-08-07 |
| 9100 N Miami Ave | single_family | 2 | 1 | 1,367 | $623,438 | 2026-08-04 |
| 9760 NW 8th Ave | single_family | 2 | 1 | 1,224 | $230,000 | 2026-08-04 |
| 8012 NW 10th Ct | single_family | 2 | 1 | 1,014 | $469,000 | 2026-08-03 |
| 28 NW 100th St | single_family | 3 | 2 | 1,976 | $778,000 | 2026-08-03 |
| 768 NW 65th St | single_family | 2 | 1 | 994 | $315,000 | 2026-07-31 |
| 430 NW 88th St | single_family | 3 | 2 | 1,908 | $1,030,000 | 2026-07-30 |
| 360 NW 87th St | single_family | 4 | 3 | 2,149 | $1,921,000 | 2026-07-28 |
| 8224 NW 1st Pl | single_family | 4 | 3 | 1,659 | $507,500 | 2026-07-28 |
| 172 NW 90th St | single_family | 3 | 2 | 1,697 | $1,225,000 | 2026-07-27 |
| 7740 NW 8th Ave | single_family | 3 | 2 | 1,210 | $409,000 | 2026-07-21 |
| 432 NW 103rd St | single_family | 2 | 1 | 1,046 | $565,000 | 2026-07-20 |
| 5522425293 | single_family | 4 | 3 | — | $620,000 | 2026-07-17 |
| 579 NW 102nd St | single_family | 2 | 1 | 1,052 | $435,000 | 2026-07-13 |
| 470 NW 88th Ter | single_family | 3 | 2 | 1,678 | $1,055,000 | 2026-07-10 |
| 783 NW 98th St | single_family | 2 | 1 | 1,538 | $460,000 | 2026-07-08 |
| 909 NW 76th St | single_family | 5 | 3 | 2,536 | $400,000 | 2026-07-02 |
| 513 NW 99th St | single_family | 2 | 1 | 884 | $420,000 | 2026-07-02 |
| 274 NW 92nd St | single_family | 2 | 1 | 1,373 | $799,000 | 2026-07-01 |
| 117 NW 102nd St | single_family | 3 | 2 | 1,393 | $825,000 | 2026-06-30 |
| 440 NW 89th St | single_family | 3 | 2 | 1,920 | $580,000 | 2026-06-24 |
| 7631 NW 4th Ave | single_family | 3 | 1 | 1,070 | $435,000 | 2026-06-22 |
| 1161 NW 105th Ter | single_family | 4 | 2 | 1,080 | $485,000 | 2026-06-22 |
| 410 NW 98th St | single_family | 3 | 2 | 957 | $420,000 | 2026-06-22 |
| 874 NW 74th St | single_family | 4 | 2 | 1,817 | $389,000 | 2026-06-18 |
| 6723 NW 6th Ave | single_family | 3 | 2 | 1,400 | $549,000 | 2026-06-12 |
| 1129 NW 105th St | single_family | 3 | 2 | 1,338 | $340,000 | 2026-06-09 |
| 510 NW 105th St | single_family | 3 | 2 | 1,463 | $680,000 | 2026-06-08 |
| 743 NW 77th Ter | single_family | 2 | 1 | 1,023 | $493,000 | 2026-06-01 |
| 156 NW 90th St | single_family | 4 | 1 | 2,441 | $1,482,000 | 2026-05-27 |
| 545 NW 77th St | single_family | 2 | 1 | 955 | $375,000 | 2026-05-27 |
| 25 NW 104th St | single_family | 3 | 1 | 1,460 | $785,000 | 2026-05-26 |
| 7740 NW 9th Ave | single_family | 2 | 1 | 1,354 | $395,000 | 2026-05-22 |
| 118 NW 103rd St | single_family | 3 | 2 | 1,433 | $901,000 | 2026-05-21 |
| 870 NW 84th St | single_family | 4 | 1 | 1,419 | $499,000 | 2026-05-18 |
| 935 NW 75th St | single_family | 2 | 1 | 1,134 | $240,000 | 2026-05-15 |
| 180 NW 69th St | single_family | 2 | 1 | 1,178 | $550,000 | 2026-05-13 |
| 289 NW 92nd St | single_family | 2 | 1 | 1,326 | $885,000 | 2026-05-12 |
| 130 NW 102nd St | single_family | 4 | 2 | 1,373 | $1,225,000 | 2026-05-11 |
| 8700 N Miami Ave | single_family | 3 | 2 | 1,500 | $975,000 | 2026-05-11 |
| 1061 NW 87th St | single_family | 3 | 2 | 1,642 | $640,000 | 2026-05-06 |
| 8980 NW 5th Ave | single_family | 2 | 1 | 1,466 | $420,000 | 2026-05-06 |
| 7742 NW 2nd Ave | single_family | 3 | 2 | 852 | $400,000 | 2026-05-06 |
| 9511 NW 5th Ave | single_family | 3 | 2 | 1,328 | $580,000 | 2026-05-05 |
| 6940 NW 5th Pl | single_family | 3 | 2 | 1,260 | $505,000 | 2026-05-01 |
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 |
|---|---|---|---|---|---|---|
| 7801 NW 2nd Ct | multi_family | 8 | 6 | 3,500 | $1,600,000 | — |
| 812 NW 70th St | multi_family | 8 | 4 | 2,884 | $750,000 | — |
| 7823 NW 5th Ave | multi_family | 8 | 6 | 3,408 | $1,195,000 | — |
10-year hold projection
IRR-10.8%
Equity multiple-0.85x
Total return (10yr)-$430,713
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,339,000 | -$19,756 | -$101,405 | $1,028,724 | $310,276 |
| 2 | $1,379,170 | -$20,116 | -$101,802 | $1,016,674 | $362,496 |
| 3 | $1,420,545 | -$20,482 | -$102,205 | $1,003,796 | $416,749 |
| 4 | $1,463,161 | -$20,852 | -$102,613 | $990,034 | $473,127 |
| 5 | $1,507,056 | -$21,228 | -$103,028 | $975,327 | $531,729 |
| 6 | $1,552,268 | -$21,609 | -$103,449 | $959,610 | $592,658 |
| 7 | $1,598,836 | -$21,994 | -$103,875 | $942,813 | $656,023 |
| 8 | $1,646,801 | -$22,385 | -$104,308 | $924,864 | $721,937 |
| 9 | $1,696,205 | -$22,780 | -$104,747 | $905,681 | $790,524 |
| 10 | $1,747,091 | -$23,181 | -$105,191 | $885,181 | $861,910 |
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.