2984 Mary St
Miami, FL 33133 · townhomes · For Sale · 120 days on market
Asking price$899,000
2 beds 2 baths 1,092 sqft
Suggested offer$835,059$63,941 above the est. market value of $835,059.
View on Realtor.com →Listed by Robert Perez · Compass Florida, LLC.
Typetownhomes
Built1976
Price / sqft$823
Est. value (own analysis)$835,059
Rent estimate (own analysis)$4,000/mo
HOA$675/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-05-05
Removed date—
MLSMiamiMLS #A12013238
Coordinates25.73586, -80.24003
Address2984 Mary St
CityMiami
StateFL
Zip33133
Listing ID5852701449
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 | $899,000 |
| Down payment (20.0%) | $179,800 |
| Loan amount | $719,200 |
| Closing costs (5.0%) | $44,950 |
| Total cash to close | $224,750 |
| Income | |
| Rent (comp-derived) | $4,000$48,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,680$44,160 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,423$17,081 |
| Insurance (est. scaled by flood & wind risk) | $899$10,788 |
| HOA dues | $675$8,100 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $200$2,400 |
| Total operating expenses | $3,197$38,369 |
| 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) | $200$2,400 |
| 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 | 2 | 2 | 875 | $4,000 | 2026-08-17 | — | |
| townhomes | 2 | 3 | 1,156 | $5,300 | 2026-06-17 | — | |
| townhomes | 2 | 2 | 850 | $3,800 | 2026-06-03 | — | |
| townhomes | 2 | 2 | 1,032 | $4,200 | 2026-05-27 | — | |
| townhomes | 2 | 1 | 729 | $3,850 | 2026-07-30 | — | |
| townhomes | 2 | 1 | 1,000 | $2,688 | 2023-07-17 | — | |
| townhomes | 2 | 3 | 1,000 | $4,400 | 2024-05-28 | — | |
| townhomes | 2 | 2 | 1,130 | $7,690 | 2024-05-05 | — | |
| townhomes | 2 | 2 | 1,200 | $4,250 | 2026-04-24 | — | |
| townhomes | 2 | 1 | 1,000 | $2,688 | 2025-01-29 | — | |
| townhomes | 2 | 2 | 1,000 | $3,300 | 2026-08-26 | — | |
| townhomes | 2 | 3 | 1,298 | $5,000 | 2026-08-26 | — | |
| townhomes | 2 | 2 | 850 | $3,490 | 2026-08-27 | — | |
| townhomes | 2 | 2 | 1,200 | $4,000 | — | — | |
| townhomes | 2 | 3 | 1,380 | $5,500 | 2026-08-31 | — | |
| townhomes | 2 | 2 | 850 | $3,750 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 2989 Bird Ave Unit 1 | townhomes | 2 | 2 | 1,040 | $650,000 | — |
| 2843 S Bayshore Dr Apt 6B | condos | 2 | 2 | 1,375 | $1,475,000 | — |
| 2678 Tigertail Ave Apt 1508 | condos | 2 | 3 | 1,207 | $1,960,000 | — |
| 3145 Jackson Ave | townhomes | 2 | 3 | 1,746 | $1,450,000 | — |
| 2690 SW 22nd Ave Apt 301 | condos | 2 | 1 | 906 | $310,000 | — |
| 2924 Day Ave Apt N314 | condos | 2 | 2 | 879 | $639,000 | — |
| 2650 SW 37th Ave Apt 501 | condos | 2 | 2 | 1,219 | $480,000 | — |
| 2945 Coconut Ave Apt 3 | condos | 2 | 2 | 875 | $700,000 | — |
10-year hold projection
IRR-5.5%
Equity multiple0.08x
Total return (10yr)-$88,875
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $925,970 | $5,791 | -$52,070 | $711,402 | $214,568 |
| 2 | $953,749 | $6,157 | -$51,765 | $703,069 | $250,680 |
| 3 | $982,362 | $6,538 | -$51,445 | $694,164 | $288,198 |
| 4 | $1,011,832 | $6,936 | -$51,110 | $684,647 | $327,186 |
| 5 | $1,042,187 | $7,350 | -$50,760 | $674,476 | $367,711 |
| 6 | $1,073,453 | $7,783 | -$50,394 | $663,607 | $409,846 |
| 7 | $1,105,657 | $8,233 | -$50,011 | $651,992 | $453,665 |
| 8 | $1,138,826 | $8,703 | -$49,612 | $639,579 | $499,247 |
| 9 | $1,172,991 | $9,192 | -$49,194 | $626,314 | $546,677 |
| 10 | $1,208,181 | $9,701 | -$48,757 | $612,138 | $596,043 |
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.