10851 SW 63rd Ave
Pinecrest, FL 33156 · single_family · For Sale · 433 days on market
Asking price$7,000,000
6 beds 8 baths 7,400 sqft
Listed by Elena M. Kemper · BHHS EWM Realty
Typesingle_family
Built2002
Price / sqft$946
Est. value (own analysis)$7,222,560
Rent estimate (own analysis)$31,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2025-06-26
Removed date—
MLSMiamiMLS #A11828951
Coordinates25.67038, -80.29582
Address10851 SW 63rd Ave
CityPinecrest
StateFL
Zip33156
Listing ID5913591370
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $7,000,000 |
| Down payment (20.0%) | $1,400,000 |
| Loan amount | $5,600,000 |
| Closing costs (5.0%) | $350,000 |
| Total cash to close | $1,750,000 |
| 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) | $11,083$133,000 |
| Insurance (est. scaled by flood & wind risk) | $7,467$89,600 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,575$18,900 |
| Total operating expenses | $20,125$241,500 |
| 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
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 6 | 7 | 5,922 | $27,000 | 2026-08-10 | — | |
| single_family | 6 | 6 | 7,646 | $31,500 | 2026-06-08 | — | |
| single_family | 6 | 7 | 5,679 | $38,000 | 2026-01-29 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 6650 SW 123rd St | single_family | 6 | 8 | 6,848 | $4,650,000 | 2026-08-12 |
| 12510 Ramiro St | single_family | 6 | 4 | 3,350 | $2,900,000 | 2026-08-07 |
| 9440 SW 62nd Ct | single_family | 6 | 5 | 5,576 | $5,475,000 | 2026-08-07 |
| 6920 SW 124th St | single_family | 6 | 8 | 5,926 | $6,500,000 | 2026-07-30 |
| 6201 SW 96th St | single_family | 6 | 6 | 5,922 | $5,780,000 | 2026-07-30 |
| 7750 SW 122nd St | single_family | 6 | 5 | 3,728 | $3,100,000 | 2026-07-27 |
| 7825 SW 128th St | single_family | 6 | 5 | 5,349 | $6,350,000 | 2026-07-15 |
| 6801 SW 94th St | single_family | 6 | 6 | 4,873 | $4,650,000 | 2026-07-10 |
| 5400 Kerwood Oaks Dr | single_family | 6 | 7 | 8,765 | $7,500,000 | 2026-06-26 |
| 6065 SW 133rd St | single_family | 6 | 4 | 4,282 | $2,360,000 | 2026-06-18 |
| 11100 SW 64th Ave | single_family | 6 | 4 | 4,074 | $4,250,000 | 2026-06-17 |
| 5770 SW 128th St | single_family | 6 | 5 | 5,005 | $3,500,000 | 2026-06-08 |
| 555 Arvida Pkwy | single_family | 6 | 8 | 13,147 | $26,202,689 | 2026-05-29 |
| 11155 SW 85th Ct | single_family | 6 | 7 | 4,735 | $2,394,990 | 2026-05-19 |
| 13351 SW 57th Ct | single_family | 6 | 4 | 3,662 | $1,901,000 | 2026-05-18 |
| 8955 SW 63rd Ct | single_family | 6 | 7 | 7,709 | $8,400,000 | 2026-04-29 |
| 5400 Banyan Trl | single_family | 6 | 8 | 6,831 | $7,675,000 | 2026-04-28 |
| 625 Reinante Ave | single_family | 6 | 9 | 8,016 | $47,000,000 | 2026-04-23 |
| 10100 Lakeside Dr | single_family | 6 | 7 | 8,534 | $9,050,000 | 2026-04-20 |
| 6200 Moss Ranch Rd | single_family | 6 | 7 | 6,609 | $6,900,000 | 2026-04-17 |
| 6480 SW 107th St | single_family | 6 | 5 | 5,257 | $3,600,000 | 2026-04-15 |
| 6031 SW 88th St | single_family | 6 | 7 | 6,767 | $7,350,000 | 2026-04-15 |
| 5501 Snapper Creek Rd | single_family | 6 | 8 | 6,562 | $11,100,000 | 2026-04-01 |
| 180 Solano Prado | single_family | 6 | 8 | 6,753 | $13,000,000 | 2026-03-30 |
| 11907 SW 70th Ave | single_family | 6 | 7 | 5,848 | $5,500,000 | 2026-03-19 |
| 6830 SW 104th St | single_family | 6 | 6 | 6,551 | $7,300,000 | 2026-03-11 |
| 10105 SW 71st Ave | single_family | 6 | 4 | 3,538 | $2,995,000 | 2026-03-09 |
| 6220 SW 123rd Ter | single_family | 6 | 7 | 5,019 | $3,200,000 | 2026-02-23 |
| 6831 SW 106th St | single_family | 6 | 9 | 8,540 | $7,202,000 | 2026-02-10 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 9001-9143 SW 77th Ave | multi_family | 6 | 5 | — | $4,500,000 | — |
| 8350 SW 98th St | single_family | 6 | 5 | 7,953 | $4,500,000 | — |
| 9840 SW 73rd Ct | single_family | 6 | 8 | 6,841 | $6,499,000 | — |
| 11011 Marin St | single_family | 6 | 4 | 5,457 | $5,999,999 | — |
| 6600 SW 111th St | single_family | 6 | 7 | 7,563 | $5,785,000 | — |
| 7830 SW 117th St | single_family | 6 | 8 | 5,759 | $5,495,999 | — |
| 7765 SW 133rd Ter | single_family | 6 | 7 | — | $2,000,000 | — |
| 6700 SW 132nd St | single_family | 6 | 6 | 9,454 | $6,695,000 | — |
10-year hold projection
IRR-3.2%
Equity multiple0.47x
Total return (10yr)-$8,082
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $7,210,000 | $106,260 | -$344,485 | $5,539,284 | $1,670,716 |
| 2 | $7,426,300 | $110,655 | -$340,563 | $5,474,398 | $1,951,902 |
| 3 | $7,649,089 | $115,213 | -$336,489 | $5,405,056 | $2,244,033 |
| 4 | $7,878,562 | $119,938 | -$332,261 | $5,330,952 | $2,547,609 |
| 5 | $8,114,919 | $124,836 | -$327,871 | $5,251,760 | $2,863,158 |
| 6 | $8,358,366 | $129,914 | -$323,315 | $5,167,130 | $3,191,236 |
| 7 | $8,609,117 | $135,178 | -$318,586 | $5,076,688 | $3,532,429 |
| 8 | $8,867,391 | $140,633 | -$313,678 | $4,980,035 | $3,887,356 |
| 9 | $9,133,412 | $146,288 | -$308,585 | $4,876,745 | $4,256,668 |
| 10 | $9,407,415 | $152,148 | -$303,301 | $4,766,361 | $4,641,053 |
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.