11011 Marin St

Coral Gables, FL 33156 · single_family · For Sale · 3 days on market
Asking price$5,999,999
6 beds 4 baths 5,457 sqft
Suggested offer$5,326,150$673,849 above the est. market value of $5,326,150.
View on Realtor.com →
Listed by Erika Rodriguez · EXP Realty South LLC
Typesingle_family
Built2000
Price / sqft$1100
Est. value (own analysis)$5,326,150
Rent estimate (own analysis)$27,000/mo
HOA$45/mo
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire2/10Minor
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Neighborhood

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Statusfor_sale
Listed date2026-08-30
Removed date
MLSMiamiMLS #A12080210
Coordinates25.67445, -80.26955
Address11011 Marin St
CityCoral Gables
StateFL
Zip33156
Listing ID5819480344
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33156)

Typical home value (ZHVI)$1,543,591
Typical rent (ZORI)$2,706/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$5,999,999
Down payment (20.0%)$1,200,000
Loan amount$4,799,999
Closing costs (5.0%)$300,000
Total cash to close$1,500,000
Rent (comp-derived)$27,000$324,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$324,000
Vacancy rate (assumption) assumption8.0%

$324,000 × 8.0% = $25,920

Effective gross income$24,840$298,080
Property tax (placeholder 1.9% of price)$9,500$114,000
Insurance (est. scaled by flood & wind risk)$8,800$105,600
HOA dues$45$540
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,350$16,200
Total operating expenses$19,695$236,340
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$298,080
Total operating expenses derived$236,340

$298,080 − $236,340 = $61,740

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$4,799,999
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$4,799,999 amortized at 6.7% over 30 years = $30,846/mo

CapEx reserve (5.0% of GSR)$1,350$16,200
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$61,740
Annual debt service derived$370,153
Annual CapEx reserve assumption$16,200
Annual PMI assumption$0

($61,740 − $370,153 − $16,200 − $0) ÷ 12 = -$27,051

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$61,740
Purchase price data$5,999,999

$61,740 ÷ $5,999,999 = 1.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$324,613
Total cash to close derived$1,500,000

-$324,613 ÷ $1,500,000 = -21.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$61,740
Annual debt service derived$370,153

$61,740 ÷ $370,153 = 0.17

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$324,000
Purchase price data$5,999,999

($324,000 ÷ 12) ÷ $5,999,999 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$5,999,999
Gross scheduled rent (annual) comp$324,000

$5,999,999 ÷ $324,000 = 18.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$236,340
Effective gross income derived$298,080

$236,340 ÷ $298,080 = 79.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$236,340
Annual debt service derived$370,153
Annual PMI assumption$0
Gross scheduled rent (annual) comp$324,000

($236,340 + $370,153 + $0) ÷ $324,000 = 187.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family675,922$27,0002026-08-10
single_family644,282$14,0002026-07-16
single_family675,679$38,0002026-01-29

1410 Tagus Ave

Coral Gables, 33156 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,922
Listed2026-08-10
Days on market

Asking rent: $27,000

View on Zillow →

6065 SW 133rd St Unit 0

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage4,282
Listed2026-07-16
Days on market

Asking rent: $14,000

View on Zillow →

6355 SW 114th St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,679
Listed2026-01-29
Days on market

Asking rent: $38,000

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
6650 SW 123rd Stsingle_family686,848$4,650,0002026-08-12
12510 Ramiro Stsingle_family643,350$2,900,0002026-08-07
9440 SW 62nd Ctsingle_family655,576$5,475,0002026-08-07
6920 SW 124th Stsingle_family685,926$6,500,0002026-07-30
6201 SW 96th Stsingle_family665,922$5,780,0002026-07-30
7750 SW 122nd Stsingle_family653,728$3,100,0002026-07-27
7825 SW 128th Stsingle_family655,349$6,350,0002026-07-15
6801 SW 94th Stsingle_family664,873$4,650,0002026-07-10
5400 Kerwood Oaks Drsingle_family678,765$7,500,0002026-06-26
6065 SW 133rd Stsingle_family644,282$2,360,0002026-06-18
11100 SW 64th Avesingle_family644,074$4,250,0002026-06-17
5770 SW 128th Stsingle_family655,005$3,500,0002026-06-08
555 Arvida Pkwysingle_family6813,147$26,202,6892026-05-29
11155 SW 85th Ctsingle_family674,735$2,394,9902026-05-19
13351 SW 57th Ctsingle_family643,662$1,901,0002026-05-18
8955 SW 63rd Ctsingle_family677,709$8,400,0002026-04-29
5400 Banyan Trlsingle_family686,831$7,675,0002026-04-28
625 Reinante Avesingle_family698,016$47,000,0002026-04-23
10100 Lakeside Drsingle_family678,534$9,050,0002026-04-20
6200 Moss Ranch Rdsingle_family676,609$6,900,0002026-04-17
6480 SW 107th Stsingle_family655,257$3,600,0002026-04-15
6031 SW 88th Stsingle_family676,767$7,350,0002026-04-15
5501 Snapper Creek Rdsingle_family686,562$11,100,0002026-04-01
180 Solano Pradosingle_family686,753$13,000,0002026-03-30
11907 SW 70th Avesingle_family675,848$5,500,0002026-03-19
6830 SW 104th Stsingle_family666,551$7,300,0002026-03-11
10105 SW 71st Avesingle_family643,538$2,995,0002026-03-09
6220 SW 123rd Tersingle_family675,019$3,200,0002026-02-23
6831 SW 106th Stsingle_family698,540$7,202,0002026-02-10

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
9001-9143 SW 77th Avemulti_family65$4,500,000
8350 SW 98th Stsingle_family657,953$4,500,000
9840 SW 73rd Ctsingle_family686,841$6,499,000
6600 SW 111th Stsingle_family677,563$5,785,000
7830 SW 117th Stsingle_family685,759$5,495,999
7765 SW 133rd Tersingle_family67$2,000,000
6700 SW 132nd Stsingle_family669,454$6,695,000
585 Arvida Pkwysingle_family689,236$27,500,000

10-year hold projection

IRR-4.5%
Equity multiple0.25x
Total return (10yr)-$335,634
YearProperty valueNOICash flowLoan balanceEquity
1$6,179,999$61,740-$324,613$4,747,957$1,432,042
2$6,365,399$64,774-$321,984$4,692,340$1,673,059
3$6,556,361$67,928-$319,245$4,632,904$1,923,457
4$6,753,052$71,208-$316,391$4,569,387$2,183,665
5$6,955,643$74,617-$313,418$4,501,508$2,454,135
6$7,164,313$78,159-$310,322$4,428,968$2,735,345
7$7,379,242$81,841-$307,099$4,351,446$3,027,796
8$7,600,619$85,667-$303,743$4,268,600$3,332,019
9$7,828,638$89,642-$300,250$4,180,066$3,648,572
10$8,063,497$93,771-$296,614$4,085,452$3,978,045
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.