114 NW 10th Ave
Miami, FL 33128 · multi_family · For Sale · 216 days on market
Asking price$750,000
— beds — baths 1,347 sqft
Suggested offer$387,598$362,402 above the est. market value of $387,598.
View on Realtor.com →Listed by Maria Breard · Coldwell Banker Realty
Typemulti_family
Built1925
Price / sqft$557
Est. value (own analysis)$387,598
Rent estimate (building total, own analysis)$4,270/mo
HOANone
1 / 15
Show every detail
Statusfor_sale
Listed date2026-01-29
Removed date—
MLSMiamiMLS #A11954929
Coordinates25.77483, -80.21172
Address114 NW 10th Ave
CityMiami
StateFL
Zip33128
Listing ID5913679904
Sourceus-real-estate-listings, cached 2026-08-29
ZIP market snapshot (33128)
Typical home value (ZHVI)$433,117
Typical rent (ZORI)$2,681/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 | $750,000 |
| Down payment (20.0%) | $150,000 |
| Loan amount | $600,000 |
| Closing costs (5.0%) | $37,500 |
| Total cash to close | $187,500 |
| Income | |
| Rent (estimate) | $4,270$51,240 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,928$47,141 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,188$14,250 |
| Insurance (placeholder 0.8% of price) | $500$6,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $214$2,562 |
| Total operating expenses | $1,901$22,812 |
| 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) | $214$2,562 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 1124 NW 3rd St | multi_family | 6 | 4 | 2,881 | $875,000 | 2026-07-06 |
| 226 NW 11th Ave | multi_family | 7 | 1 | 2,934 | $600,000 | 2026-06-08 |
| 453 NW 3rd St Apt 504 | multi_family | 4 | 4 | 2,967 | $6,700,000 | 2026-04-07 |
| 219 NW 10th Ave | multi_family | — | — | 3,240 | $1,100,000 | 2026-03-30 |
| 711 NW 1st St Apt 3 | multi_family | 4 | 4 | 3,558 | $1,010,000 | 2026-03-10 |
| 1021 NW 4th St | multi_family | 8 | — | 2,438 | $680,000 | 2026-03-04 |
| 701 NW 1st St | multi_family | — | — | 3,510 | $1,010,000 | 2026-02-26 |
| 711 NW 1st St | multi_family | — | — | 3,510 | $1,010,000 | 2026-02-26 |
| 950 NW 5th St | multi_family | 9 | 3 | 3,498 | $591,000 | 2025-12-31 |
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.
No other cached listings nearby for this bedroom count yet.
10-year hold projection
IRR1.4%
Equity multiple1.23x
Total return (10yr)$140,705
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $772,500 | $24,329 | -$24,502 | $593,495 | $179,005 |
| 2 | $795,675 | $25,173 | -$23,723 | $586,543 | $209,132 |
| 3 | $819,545 | $26,045 | -$22,916 | $579,113 | $240,432 |
| 4 | $844,132 | $26,946 | -$22,082 | $571,174 | $272,958 |
| 5 | $869,456 | $27,877 | -$21,220 | $562,689 | $306,767 |
| 6 | $895,539 | $28,839 | -$20,328 | $553,621 | $341,918 |
| 7 | $922,405 | $29,834 | -$19,407 | $543,931 | $378,474 |
| 8 | $950,078 | $30,861 | -$18,454 | $533,575 | $416,502 |
| 9 | $978,580 | $31,922 | -$17,468 | $522,509 | $456,071 |
| 10 | $1,007,937 | $33,019 | -$16,450 | $510,682 | $497,255 |
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.