700 SW 44th Pl

Miami, FL 33134 · single_family · Pending — under contract · 191 days on market
Asking price$825,000
4 beds 3 baths 2,549 sqft
View on Realtor.com →
Listed by Sandra Fernandez · Lifestyle International Realty
Typesingle_family
Built1945
Price / sqft$324
Est. value (own analysis)$2,249,118
Rent estimate (own analysis)$8,500/mo
HOANone
Wind10/10Extreme$Heat9/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-02-24
Removed date
MLSMiamiMLS #A11970932
Coordinates25.76497, -80.26922
Address700 SW 44th Pl
CityMiami
StateFL
Zip33134
Listing ID5799169886
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33134)

Typical home value (ZHVI)$887,965
Typical rent (ZORI)$3,095/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$825,000
Down payment (20.0%)$165,000
Loan amount$660,000
Closing costs (5.0%)$41,250
Total cash to close$206,250
Rent (comp-derived)$8,500$102,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$102,000
Vacancy rate (assumption) assumption8.0%

$102,000 × 8.0% = $8,160

Effective gross income$7,820$93,840
Property tax (placeholder 1.9% of price)$1,306$15,675
Insurance (est. scaled by flood & wind risk)$825$9,900
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$425$5,100
Total operating expenses$2,556$30,675
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$93,840
Total operating expenses derived$30,675

$93,840 − $30,675 = $63,165

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$660,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$660,000 amortized at 6.7% over 30 years = $4,241/mo

CapEx reserve (5.0% of GSR)$425$5,100
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$63,165
Annual debt service derived$50,896
Annual CapEx reserve assumption$5,100
Annual PMI assumption$0

($63,165 − $50,896 − $5,100 − $0) ÷ 12 = $597

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$63,165
Purchase price data$825,000

$63,165 ÷ $825,000 = 7.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$7,169
Total cash to close derived$206,250

$7,169 ÷ $206,250 = 3.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$63,165
Annual debt service derived$50,896

$63,165 ÷ $50,896 = 1.24

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$102,000
Purchase price data$825,000

($102,000 ÷ 12) ÷ $825,000 = 1.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$825,000
Gross scheduled rent (annual) comp$102,000

$825,000 ÷ $102,000 = 8.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$30,675
Effective gross income derived$93,840

$30,675 ÷ $93,840 = 32.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$30,675
Annual debt service derived$50,896
Annual PMI assumption$0
Gross scheduled rent (annual) comp$102,000

($30,675 + $50,896 + $0) ÷ $102,000 = 80.0%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,729$4,8002026-03-11
single_family431,900$4,9952026-08-11
single_family433,179$14,5002026-08-05
single_family453,185$10,0002026-07-28
single_family442,238$8,5002026-06-03
single_family432,655$8,8502026-07-01
single_family443,111$8,5002026-08-03
single_family442,700$16,7002026-03-23
single_family422,326$6,750

5410 SW 2nd St

Miami, 33134 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,729
Listed2026-03-11
Days on market

Asking rent: $4,800

View on Zillow →

828 Lorca St

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,900
Listed2026-08-11
Days on market

Asking rent: $4,995

View on Zillow →

709 Aledo Ave Unit 0

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage3,179
Listed2026-08-05
Days on market

Asking rent: $14,500

View on Zillow →

511 Madeira Ave

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage3,185
Listed2026-07-28
Days on market

Asking rent: $10,000

View on Zillow →

423 Alhambra Cir

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,238
Listed2026-06-03
Days on market

Asking rent: $8,500

View on Zillow →

1211 Algeria Ave

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,655
Listed2026-07-01
Days on market

Asking rent: $8,850

View on Zillow →

2514 E Granada Blvd

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,111
Listed2026-08-03
Days on market

Asking rent: $8,500

View on Zillow →

1226 San Miguel Ave Unit 1226

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,700
Listed2026-03-23
Days on market

Asking rent: $16,700

View on Zillow →

500 SW 51st Ct

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,326
Listed
Days on market

Asking rent: $6,750

View on Zillow →

Same ZIP & bedroom count. 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
555 Catalonia Avesingle_family43$2,800,0002026-08-21
4361 SW 3rd Stsingle_family422,052$699,0002026-08-11
3920 Durango Stsingle_family421,794$1,300,0002026-08-10
61 SW 55th Avesingle_family411,729$530,0002026-08-06
2508 Anderson Rdsingle_family422,316$2,500,0002026-07-30
611 N Greenway Drsingle_family443,839$5,000,0002026-07-27
5175 SW 5th Tersingle_family411,562$740,0002026-07-24
14 San Sebastian Avesingle_family432,411$2,150,0002026-07-23
4027 SW 11th Stsingle_family431,748$700,0002026-07-13
722 Navarre Avesingle_family432,944$3,600,0002026-07-13
748 Palermo Avesingle_family442,782$2,876,0002026-07-08
311 Navarre Avesingle_family432,172$1,050,0002026-06-26
918 Santiago Stsingle_family442,801$2,980,0002026-06-25
1900 Pizarro Stsingle_family432,787$2,395,0002026-06-23
1450 Ortega Avesingle_family442,829$1,850,0002026-06-18
2010 N Greenway Drsingle_family443,108$3,550,0002026-06-11
737 Majorca Avesingle_family442,209$1,930,0002026-06-11
927 Catalonia Avesingle_family431,737$1,350,0002026-06-10
2415 Indian Mound Trlsingle_family432,363$1,715,0002026-06-04
528 Alcazar Avesingle_family421,700$1,500,0002026-06-03
1415 Sorolla Avesingle_family432,346$3,025,0002026-06-02
1411 Columbus Blvdsingle_family411,700$1,400,0002026-05-29
1415 Madrid Stsingle_family443,491$3,200,0002026-05-27
1429 Sorolla Avesingle_family432,823$1,580,0002026-05-26
1207 Columbus Blvdsingle_family442,114$2,450,0002026-05-22
1901 Country Club Pradosingle_family443,076$3,300,0002026-05-21
2115 Country Club Pradosingle_family453,709$3,510,0002026-05-18
911 Mariana Avesingle_family432,273$1,875,0002026-05-06
1240 Ferdinand Stsingle_family442,907$2,000,0002026-04-30
3905 SW 5th Stsingle_family45$1,800,0002026-04-29
1211 Castile Avesingle_family422,162$2,400,0002026-04-28
1226 Palermo Avesingle_family422,674$2,750,0002026-04-23
1117 Alberca Stsingle_family432,796$1,950,0002026-04-01
4739 SW 5th Stsingle_family422,084$767,0002026-03-13
749 Anastasia Avesingle_family432,429$2,900,0002026-03-10
322 Sarto Avesingle_family443,294$3,874,0002026-03-10
2607 N Greenway Drsingle_family443,105$2,700,0002026-02-27
1302 Alhambra Cirsingle_family442,438$2,550,0002026-02-26
832 Wallace Stsingle_family442,457$1,305,0002026-02-19
3903 Granada Blvdsingle_family432,336$3,175,0002026-02-18
330 SW 52nd Avesingle_family431,722$625,0002026-02-12
1341 Sorolla Avesingle_family422,388$2,650,0002026-02-03
4685 SW 13th Tersingle_family421,914$1,500,0002026-01-27
447 Giralda Avesingle_family431,869$2,000,0002026-01-22
1019 Venetia Avesingle_family432,465$2,295,0002026-01-21

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
4701 SW 7th Stsingle_family431,830$750,000
4870 SW 6th Stsingle_family431,682$700,000
3788 SW 27th Lnmulti_family421,980$1,250,000
5330 SW 7th Stsingle_family432,424$2,500,000
2893-2895 SW 37th Ctmulti_family431,935$915,000
4450 W Flagler Stmulti_family442,103$1,000,000
4251 SW 11th Stsingle_family443,736$2,990,000
2841 SW 38th Ct Unit Btownhomes442,671$1,950,000

10-year hold projection

IRR13.9%
Equity multiple3.13x
Total return (10yr)$547,990
YearProperty valueNOICash flowLoan balanceEquity
1$849,750$63,165$7,169$652,844$196,906
2$875,243$65,213$9,090$645,197$230,046
3$901,500$67,327$11,073$637,024$264,475
4$928,545$69,508$13,120$628,291$300,254
5$956,401$71,758$15,233$618,957$337,444
6$985,093$74,080$17,414$608,983$376,110
7$1,014,646$76,476$19,666$598,324$416,322
8$1,045,085$78,948$21,990$586,932$458,153
9$1,076,438$81,499$24,389$574,759$501,679
10$1,108,731$84,131$26,866$561,749$546,982
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.