680 Buttonwood Ln

Miami, FL 33137 · single_family · For Sale · 216 days on market
Asking price$10,800,000
5 beds 6 baths 3,645 sqft
Suggested offer$6,378,750$4,421,250 above the est. market value of $6,378,750.
View on Realtor.com →
Listed by Ana Teresa Rodriguez | ATR Luxury Homes · Coldwell Banker Realty
Typesingle_family
Built1969
Price / sqft$2963
Est. value (own analysis)$6,378,750
Rent estimate (own analysis)$18,750/mo
HOA$454/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-01-29
Removed date
MLSMiamiMLS #A11932928
Coordinates25.82041, -80.18188
Address680 Buttonwood Ln
CityMiami
StateFL
Zip33137
Listing ID5899400750
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33137)

Typical home value (ZHVI)$682,165
Typical rent (ZORI)$3,560/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$10,800,000
Down payment (20.0%)$2,160,000
Loan amount$8,640,000
Closing costs (5.0%)$540,000
Total cash to close$2,700,000
Rent (comp-derived)$18,750$225,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$225,000
Vacancy rate (assumption) assumption8.0%

$225,000 × 8.0% = $18,000

Effective gross income$17,250$207,000
Property tax (placeholder 1.9% of price)$17,100$205,200
Insurance (placeholder 0.8% of price)$7,200$86,400
HOA dues$454$5,448
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$938$11,250
Total operating expenses$25,692$308,298
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$207,000
Total operating expenses derived$308,298

$207,000 − $308,298 = -$101,298

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$8,640,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$8,640,000 amortized at 6.7% over 30 years = $55,523/mo

CapEx reserve (5.0% of GSR)$938$11,250
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-$101,298
Annual debt service derived$666,276
Annual CapEx reserve assumption$11,250
Annual PMI assumption$0

(-$101,298 − $666,276 − $11,250 − $0) ÷ 12 = -$64,902

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$101,298
Purchase price data$10,800,000

-$101,298 ÷ $10,800,000 = -0.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$778,824
Total cash to close derived$2,700,000

-$778,824 ÷ $2,700,000 = -28.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$101,298
Annual debt service derived$666,276

-$101,298 ÷ $666,276 = -0.15

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$225,000
Purchase price data$10,800,000

($225,000 ÷ 12) ÷ $10,800,000 = 0.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$10,800,000
Gross scheduled rent (annual) comp$225,000

$10,800,000 ÷ $225,000 = 48.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$308,298
Effective gross income derived$207,000

$308,298 ÷ $207,000 = 148.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$308,298
Annual debt service derived$666,276
Annual PMI assumption$0
Gross scheduled rent (annual) comp$225,000

($308,298 + $666,276 + $0) ÷ $225,000 = 433.1%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family533,002$12,0002026-08-19
single_family542,452$21,0002026-08-17
single_family564,646$45,0002026-08-13
single_family532,592$14,0002026-07-27
single_family533,558$10,8002026-07-25
single_family573,782$19,0002026-07-23
single_family554,343$55,0002026-07-16
single_family533,174$7,9952026-07-06
single_family532,495$6,5002026-07-02
single_family543,200$17,5002026-07-01
single_family553,010$14,3002026-06-26
single_family543,029$24,5002026-06-17
single_family554,197$19,9002026-06-17
single_family543,114$16,0002026-06-17
single_family534,305$7,0002026-06-04
single_family553,721$21,5002026-05-27
single_family532,588$6,0002026-05-27
single_family554,400$18,0002026-05-26
single_family553,600$25,0002026-05-18
single_family553,470$45,0002026-05-15
single_family574,173$49,0002026-07-28
single_family533,780$15,0002024-10-29
single_family564,496$22,5002025-10-06
single_family543,275$10,0002025-11-16
single_family563,115$30,0002026-01-12
single_family553,698$25,0002025-11-17
single_family544,119$25,0002026-03-05
single_family554,119$18,5002026-04-01
single_family554,057$14,9502026-04-20
single_family532,702$5,500
single_family564,253$30,000
single_family553,629$25,000
single_family564,250$55,0002025-11-16
single_family543,160$21,0002026-08-27
single_family564,253$30,0002025-11-24
single_family542,470$7,500
single_family532,442$6,5002026-08-30
single_family532,602$9,0002026-09-01

5801 SW 44th Ter

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,002
Listed2026-08-19
Days on market

Asking rent: $12,000

View on Zillow →

291 Shore Dr E Unit 0

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,452
Listed2026-08-17
Days on market

Asking rent: $21,000

View on Zillow →

921 NE 72nd St

Miami, 33138 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage4,646
Listed2026-08-13
Days on market

Asking rent: $45,000

View on Zillow →

1830 Chucunantah Rd

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,592
Listed2026-07-27
Days on market

Asking rent: $14,000

View on Zillow →

244 SW 28th Rd Unit 0

Miami, 33129 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,558
Listed2026-07-25
Days on market

Asking rent: $10,800

View on Zillow →

5000 SW 73rd Ter

Miami, 33143 · rent comp

Bedrooms / bathrooms5 bd / 7 ba
Square footage3,782
Listed2026-07-23
Days on market

Asking rent: $19,000

View on Zillow →

1300 S Venetian Way

Miami, 33139 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,343
Listed2026-07-16
Days on market

Asking rent: $55,000

View on Zillow →

1535 SW 13th St

Miami, 33145 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,174
Listed2026-07-06
Days on market

Asking rent: $7,995

View on Zillow →

945 NE 176th St

Miami, 33162 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,495
Listed2026-07-02
Days on market

Asking rent: $6,500

View on Zillow →

3545 Florida Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,200
Listed2026-07-01
Days on market

Asking rent: $17,500

View on Zillow →

30 NE 44th St

Miami, 33137 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,010
Listed2026-06-26
Days on market

Asking rent: $14,300

View on Zillow →

1074 NE Little River Dr

Miami, 33138 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,029
Listed2026-06-17
Days on market

Asking rent: $24,500

View on Zillow →

19701 NE 16th Pl

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,197
Listed2026-06-17
Days on market

Asking rent: $19,900

View on Zillow →

3326 Elizabeth St

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,114
Listed2026-06-17
Days on market

Asking rent: $16,000

View on Zillow →

150 NE 146th St

Miami, 33161 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage4,305
Listed2026-06-04
Days on market

Asking rent: $7,000

View on Zillow →

3741 Kumquat Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,721
Listed2026-05-27
Days on market

Asking rent: $21,500

View on Zillow →

19960 Highland Lakes Blvd

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,588
Listed2026-05-27
Days on market

Asking rent: $6,000

View on Zillow →

19616 NE 14th Ct

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,400
Listed2026-05-26
Days on market

Asking rent: $18,000

View on Zillow →

1141 NE 90th St

Miami, 33138 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,600
Listed2026-05-18
Days on market

Asking rent: $25,000

View on Zillow →

1941 NE 196th Ter

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,470
Listed2026-05-15
Days on market

Asking rent: $45,000

View on Zillow →

3600 Stewart Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 7 ba
Square footage4,173
Listed2026-07-28
Days on market

Asking rent: $49,000

View on Zillow →

7350 SW 31st St

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,780
Listed2024-10-29
Days on market

Asking rent: $15,000

View on Zillow →

1651 SW 13th Ave

Miami, 33145 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage4,496
Listed2025-10-06
Days on market

Asking rent: $22,500

View on Zillow →

1961 NE 188th St

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,275
Listed2025-11-16
Days on market

Asking rent: $10,000

View on Zillow →

2560 NE 199th St

Miami, 33180 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage3,115
Listed2026-01-12
Days on market

Asking rent: $30,000

View on Zillow →

2760 Brickell Ct Unit 2760

Miami, 33129 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,698
Listed2025-11-17
Days on market

Asking rent: $25,000

View on Zillow →

1025 Belle Meade Island Dr

Miami, 33138 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage4,119
Listed2026-03-05
Days on market

Asking rent: $25,000

View on Zillow →

19708 NE 14th Ave

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,119
Listed2026-04-01
Days on market

Asking rent: $18,500

View on Zillow →

19602 NE 14th Ct Unit 0

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,057
Listed2026-04-20
Days on market

Asking rent: $14,950

View on Zillow →

19244 NE 9th Pl

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,702
Listed
Days on market

Asking rent: $5,500

View on Zillow →

1701 Espanola Dr Unit Sfh

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage4,253
Listed
Days on market

Asking rent: $30,000

View on Zillow →

3782 El Prado Blvd Unit 1

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,629
Listed
Days on market

Asking rent: $25,000

View on Zillow →

77 SW 18th Ter

Miami, 33129 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage4,250
Listed2025-11-16
Days on market

Asking rent: $55,000

View on Zillow →

3596 Main Hwy

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,160
Listed2026-08-27
Days on market

Asking rent: $21,000

View on Zillow →

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage4,253
Listed2025-11-24
Days on market

Asking rent: $30,000

View on Zillow →

3823 Thomas Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,470
Listed
Days on market

Asking rent: $7,500

View on Zillow →

2216 SW 62nd Ave Unit 0

Miami, 33155 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,442
Listed2026-08-30
Days on market

Asking rent: $6,500

View on Zillow →

19900 NE 21st Ave

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,602
Listed2026-09-01
Days on market

Asking rent: $9,000

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
30 NE 50th Stsingle_family552,870$2,600,0002026-08-10
471 NE 53rd Stsingle_family532,436$1,825,0002026-07-23
661 Melaleuca Lnsingle_family565,266$10,800,0002026-06-22
5960 N Bayshore Drsingle_family554,000$7,000,0002026-05-13
575 Hibiscus Lnsingle_family553,814$9,600,0002026-04-28
484 NE 57th Stsingle_family553,146$3,650,0002026-01-23
4301 Gate Lnsingle_family564,081$7,690,0002025-12-08

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
3131 NE 7th Ave Unit 5003condos562,887$4,150,000
700 NE 24th St Unit 6003condos565,010$7,695,000
700 NE 26th Ter Ph 2condos576,834$6,500,000
547 NE 57th Stsingle_family564,658$6,380,000
5261 NE 5th Avesingle_family564,142$5,950,000
460 NE 28th St Apt 4002condos542,248$2,175,000
280 NE 48th Tersingle_family531,682$1,550,000
788 NE 23rd St Unit 3801condos563,966$5,775,000

10-year hold projection

IRR-9.3%
Equity multiple-0.59x
Total return (10yr)-$2,869,269
YearProperty valueNOICash flowLoan balanceEquity
1$11,124,000-$101,298-$778,824$8,546,323$2,577,677
2$11,457,720-$102,795-$780,602$8,446,213$3,011,507
3$11,801,452-$104,299-$782,394$8,339,229$3,462,223
4$12,155,495-$105,809-$784,199$8,224,898$3,930,597
5$12,520,160-$107,323-$786,017$8,102,716$4,417,444
6$12,895,765-$108,841-$787,845$7,972,143$4,923,622
7$13,282,638-$110,362-$789,685$7,832,604$5,450,034
8$13,681,117-$111,886-$791,534$7,683,482$5,997,635
9$14,091,550-$113,410-$793,392$7,524,120$6,567,430
10$14,514,297-$114,934-$795,259$7,353,815$7,160,482
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.