3149 Brickell Ave
Miami, FL 33129 · single_family · For Sale · 188 days on market
Asking price$110,000,000
7 beds 5 baths 5,705 sqft
Suggested offer$4,087,575$105,912,425 above the est. market value of $4,087,575.
View on Realtor.com →Listed by Ashley Cusack · BHHS EWM Realty
Typesingle_family
Built1920
Price / sqft$19281
Est. value (own analysis)$4,087,575
Rent estimate (own analysis)$31,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood2/10minor$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-02-26
Removed date—
MLSMiamiMLS #A11972214
Coordinates25.74625, -80.20855
Address3149 Brickell Ave
CityMiami
StateFL
Zip33129
Listing ID5852403322
Sourceus-real-estate-listings, cached 2026-08-29
ZIP market snapshot (33129)
Typical home value (ZHVI)$689,590
Typical rent (ZORI)$3,599/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 | $110,000,000 |
| Down payment (20.0%) | $22,000,000 |
| Loan amount | $88,000,000 |
| Closing costs (5.0%) | $5,500,000 |
| Total cash to close | $27,500,000 |
| Income | |
| Rent (comp-derived) | $31,500$378,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $28,980$347,760 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $174,167$2,090,000 |
| Insurance (est. scaled by flood & wind risk) | $110,000$1,320,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,575$18,900 |
| Total operating expenses | $285,742$3,428,900 |
| 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) | $1,575$18,900 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 7 | 7 | 5,119 | $13,990 | 2026-06-17 | — | |
| single_family | 7 | 9 | 5,797 | $27,000 | 2026-07-29 | — | |
| single_family | 7 | 8 | 4,931 | $70,000 | 2026-03-16 | — | |
| single_family | 7 | 7 | 3,973 | $31,500 | — | — | |
| single_family | 7 | 7 | 3,973 | $31,500 | — | — |
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 |
|---|---|---|---|---|---|---|
| 801 SW 24th Rd | single_family | 3 | 2 | 1,726 | $1,475,000 | 2026-09-01 |
| 2130 S Miami Ave | single_family | 6 | 7 | 5,890 | $7,675,000 | 2026-08-26 |
| 321 SW 32nd Rd | single_family | 2 | 1 | 1,214 | $1,205,000 | 2026-08-14 |
| 3001 S Miami Ave | single_family | 5 | 4 | 3,126 | $2,650,000 | 2026-08-12 |
| 730 SW 20th Rd | single_family | 2 | 1 | 1,025 | $905,000 | 2026-08-07 |
| 322 SW 18th Rd | single_family | 3 | 2 | 1,746 | $1,262,895 | 2026-08-07 |
| 2031 S Miami Ave | single_family | 4 | 5 | 4,259 | $4,275,000 | 2026-07-31 |
| 1153 SW 22nd Ter | single_family | 2 | 2 | 1,216 | $1,150,000 | 2026-07-14 |
| 50 SW 26th Rd | single_family | 3 | 2 | 2,260 | $1,443,800 | 2026-07-06 |
| 365 SW 31st Rd | single_family | 4 | 4 | 2,514 | $2,076,000 | 2026-07-06 |
| 401 SW 28th Rd | single_family | 4 | 4 | 2,518 | $1,728,000 | 2026-06-15 |
| 452 SW 21st Rd | single_family | 4 | 3 | 2,300 | $1,255,000 | 2026-06-04 |
| 426 SW 26th Rd | single_family | 4 | 3 | 1,688 | $1,250,000 | 2026-06-04 |
| 321 SW 19th Rd | single_family | 4 | 2 | 1,755 | $1,030,000 | 2026-06-02 |
| 419 SW 30th Rd | single_family | 3 | 2 | 1,304 | $1,375,000 | 2026-05-28 |
| 441 SW 27th Rd | single_family | 3 | 2 | 2,236 | $1,650,000 | 2026-05-27 |
| 705 SW 26th Rd | single_family | 2 | 2 | 2,550 | $1,400,000 | 2026-05-18 |
| 1851 SW 2nd Ct | single_family | 2 | 1 | 1,023 | $1,550,000 | 2026-05-15 |
| 701 SW 27th Rd | single_family | 4 | 4 | 2,743 | $3,820,000 | 2026-05-15 |
| 2100 SW 9th Ave | single_family | 2 | 2 | 2,565 | $2,800,000 | 2026-05-14 |
| 441 SW 27th Rd | single_family | 4 | 4 | 2,332 | $1,650,000 | 2026-05-13 |
| 998 SW 11th St | single_family | 5 | 4 | 2,108 | $1,370,000 | 2026-05-13 |
| 159 SW 25th Rd | single_family | 4 | 3 | 2,296 | $1,335,000 | 2026-05-06 |
| 620 SW 27th Rd | single_family | 2 | 2 | 1,257 | $1,350,000 | 2026-04-15 |
| 45 SW 19th Rd | single_family | 5 | 5 | 3,178 | $2,900,000 | 2026-03-27 |
| 1852 SW 2nd Ave | single_family | 3 | 1 | 2,377 | $1,150,000 | 2026-03-17 |
| 40 SW 30th Rd | single_family | 3 | 2 | 2,303 | $1,700,000 | 2026-03-16 |
| 2323 SW 2nd Ave | single_family | 5 | 5 | 4,808 | $4,850,000 | 2026-03-13 |
| 3001 SW 4th Ave | single_family | 4 | 3 | 3,049 | $1,940,000 | 2026-03-09 |
| 201 SW 30th Rd | single_family | 3 | 2 | 2,037 | $1,495,000 | 2026-03-05 |
| 100 SW 30th Rd | single_family | 3 | 2 | 1,839 | $1,250,000 | 2026-02-23 |
| 445 SW 24th Rd | single_family | 4 | 3 | 2,167 | $1,150,000 | 2026-02-13 |
| 1815 SW 12th Ave | single_family | 3 | 2 | 2,400 | $780,000 | 2026-02-12 |
| 1928 S Miami Ave | single_family | 4 | 2 | 4,144 | $838,000 | 2026-02-10 |
| 1739 SW 12th Ave | single_family | 4 | 2 | 2,410 | $1,600,000 | 2026-02-03 |
| 257 SW 32nd Rd | single_family | 5 | 4 | 3,300 | $2,000,000 | 2026-01-31 |
| 531 SW 23rd Rd | single_family | 4 | 3 | 2,086 | $1,600,000 | 2026-01-23 |
| 2700 SW 4th Ave | single_family | 4 | 3 | 2,722 | $1,525,000 | 2026-01-23 |
| 1020 SW 22nd St | single_family | 3 | 3 | 1,870 | $1,255,000 | 2026-01-16 |
| 1564 SW 12th Ave | single_family | 3 | 2 | 2,332 | $1,500,000 | 2026-01-09 |
| 326 SW 20th Rd | single_family | 4 | 4 | 2,280 | $1,485,000 | 2026-01-06 |
| 340 SW 25th Rd | single_family | 4 | 4 | 2,229 | $1,150,000 | 2025-12-30 |
| 701 SW 24th Rd | single_family | 4 | 5 | 3,875 | $2,750,000 | 2025-12-30 |
| 1575 SW 12th Ave | single_family | 4 | 2 | 1,479 | $1,200,000 | 2025-12-30 |
| 47 SW 21st Rd | single_family | 4 | 4 | 2,220 | $1,925,000 | 2025-12-22 |
| 420 SW 19th Rd | single_family | 3 | 3 | 3,178 | $1,850,000 | 2025-12-17 |
| 431 SW 20th Rd | single_family | 3 | 2 | 1,672 | $1,420,000 | 2025-12-12 |
| 2301 S Miami Ave | single_family | 3 | 2 | 2,686 | $1,500,000 | 2025-12-08 |
| 1150 SW 22nd Ter | single_family | 4 | 3 | 2,725 | $1,816,000 | 2025-12-04 |
| 910 SW 23rd Rd | single_family | 3 | 3 | 2,006 | $1,725,000 | 2025-11-25 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 5204 N Miami Ave | multi_family | 7 | 4 | 2,943 | $1,850,000 | — |
| 7745 SW 54th Ave | single_family | 7 | 9 | 5,797 | $5,395,000 | — |
| multi_family | 7 | 4 | 3,931 | $775,000 | — | |
| 2283 NW 35th St | multi_family | 7 | 4 | 2,700 | $765,000 | — |
| 1256 NE 110th Ter | multi_family | 7 | 5 | 1,946 | $1,450,000 | — |
| 300 Biscayne Blvd Way Apt 6301 | condos | 7 | 14 | 19,868 | $75,000,000 | — |
| 7930 SW 52nd Ct | single_family | 7 | 8 | 5,452 | $5,650,000 | — |
| 2215 NW 33rd St | multi_family | 7 | 3 | 2,399 | $835,000 | — |
10-year hold projection
IRR-13.9%
Equity multiple-1.40x
Total return (10yr)-$51,570,913
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $113,300,000 | -$3,081,140 | -$9,886,180 | $87,045,884 | $26,254,116 |
| 2 | $116,699,000 | -$3,156,430 | -$9,961,943 | $86,026,249 | $30,672,751 |
| 3 | $120,199,970 | -$3,233,549 | -$10,039,547 | $84,936,594 | $35,263,376 |
| 4 | $123,805,969 | -$3,312,544 | -$10,119,037 | $83,772,111 | $40,033,858 |
| 5 | $127,520,148 | -$3,393,457 | -$10,200,460 | $82,527,662 | $44,992,487 |
| 6 | $131,345,753 | -$3,476,336 | -$10,283,860 | $81,197,755 | $50,147,998 |
| 7 | $135,286,125 | -$3,561,229 | -$10,369,288 | $79,776,522 | $55,509,603 |
| 8 | $139,344,709 | -$3,648,184 | -$10,456,790 | $78,257,692 | $61,087,017 |
| 9 | $143,525,050 | -$3,737,250 | -$10,546,418 | $76,634,562 | $66,890,489 |
| 10 | $147,830,802 | -$3,828,478 | -$10,638,222 | $74,899,969 | $72,930,832 |
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.