5300 NW 87th Ave Unit 1513

Doral, FL 33178 · condos · For Sale · 471 days on market
Asking price$185,000
3 beds 4 baths 2,070 sqft
View on Realtor.com →
Listed by Jake Little · Coldwell Banker Realty
Typecondos
Built2008
Price / sqft$89
Est. value (own analysis)$634,766
Rent estimate (own analysis)$3,567/mo
HOA$3,286/mo
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2025-05-19
Removed date
MLSMiamiMLS #A11805079
Coordinates25.82161, -80.33817
Address5300 NW 87th Ave Unit 1513
CityDoral
StateFL
Zip33178
Listing ID5914883816
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33178)

Typical home value (ZHVI)$558,055
Typical rent (ZORI)$2,961/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$185,000
Down payment (20.0%)$37,000
Loan amount$148,000
Closing costs (5.0%)$9,250
Total cash to close$46,250
Rent (comp-derived)$3,567$42,804
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$42,804
Vacancy rate (assumption) assumption8.0%

$42,804 × 8.0% = $3,424

Effective gross income$3,282$39,380
Property tax (placeholder 1.9% of price)$293$3,515
Insurance (est. scaled by flood & wind risk)$197$2,368
HOA dues$3,286$39,432
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$178$2,140
Total operating expenses$3,955$47,455
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$39,380
Total operating expenses derived$47,455

$39,380 − $47,455 = -$8,076

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$148,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$148,000 amortized at 6.7% over 30 years = $951/mo

CapEx reserve (5.0% of GSR)$178$2,140
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-$8,076
Annual debt service derived$11,413
Annual CapEx reserve assumption$2,140
Annual PMI assumption$0

(-$8,076 − $11,413 − $2,140 − $0) ÷ 12 = -$1,802

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$8,076
Purchase price data$185,000

-$8,076 ÷ $185,000 = -4.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$21,629
Total cash to close derived$46,250

-$21,629 ÷ $46,250 = -46.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$8,076
Annual debt service derived$11,413

-$8,076 ÷ $11,413 = -0.71

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$42,804
Purchase price data$185,000

($42,804 ÷ 12) ÷ $185,000 = 1.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$185,000
Gross scheduled rent (annual) comp$42,804

$185,000 ÷ $42,804 = 4.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$47,455
Effective gross income derived$39,380

$47,455 ÷ $39,380 = 120.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$47,455
Annual debt service derived$11,413
Annual PMI assumption$0
Gross scheduled rent (annual) comp$42,804

($47,455 + $11,413 + $0) ÷ $42,804 = 137.5%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos331,547$3,6002026-08-06
condos331,547$3,600
apartment321,375$3,381
apartment321,427$3,584
condos331,380$3,0002026-08-27
apartment331,444$3,3002026-06-17
apartment331,962$3,4002023-02-10
condos331,556$3,3002025-12-04
apartment331,534$3,3002022-08-15
apartment331,534$3,3002022-08-15
apartment331,534$3,3002022-08-15
condos331,462$2,7002026-07-04
condos331,385$2,6502026-07-01
condos331,573$2,7002026-08-03
condos331,420$2,9002026-06-01
condos321,710$3,9002026-06-28
condos331,385$2,7502026-07-02
condos331,385$2,6502026-07-08
condos331,429$3,8002026-08-25
condos331,700$4,0002026-07-21
condos321,351$3,4002026-07-28
condos331,370$3,0002026-08-17
condos331,462$3,0002026-08-19
condos331,534$4,0002026-08-13
condos331,821$3,7002026-08-03
condos331,429$2,9002026-08-09
condos331,462$3,2502026-06-18
condos341,556$4,0002026-07-07
condos321,347$3,2002026-08-25
condos321,360$3,5502026-05-14
condos321,351$4,3002026-08-25
condos321,460$3,7002026-02-09
condos321,525$3,5002026-07-08
condos331,517$3,5502026-05-29
condos331,429$3,6002026-07-13
condos331,684$4,2002026-06-04
condos331,364$3,1502026-07-27
condos341,556$3,8502026-08-13
condos341,556$4,5002026-07-30
apartment352,070$6,5002026-01-18
apartment321,394$3,644
apartment321,380$3,607
apartment321,380$3,526
condos331,429$3,600
apartment331,405$4,219
condos341,556$4,500
condos331,534$4,000
apartment321,435$3,645
apartment321,706$3,769
apartment321,582$4,053

10260 NW 63rd Ter Apt 201

Miami, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,547
Listed2026-08-06
Days on market

Asking rent: $3,600

View on Zillow →

10260 NW 63rd Ter # CU201

Miami, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,547
Listed
Days on market

Asking rent: $3,600

View on Zillow →

6055 NW 105th Ct Apt 412

Miami, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,375
Listed
Days on market

Asking rent: $3,381

View on Zillow →

5611 NW 112th Ave # 11-115

Miami, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,427
Listed
Days on market

Asking rent: $3,584

View on Zillow →

5240 NW 109th Ave Apt 3

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,380
Listed2026-08-27
Days on market

Asking rent: $3,000

View on Zillow →

10270 NW 66th St Unit 1-105

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,444
Listed2026-06-17
Days on market

Asking rent: $3,300

View on Zillow →

10220 NW 63rd Ter Apt 217

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,962
Listed2023-02-10
Days on market

Asking rent: $3,400

View on Zillow →

6425 NW 103rd Pl Apt 110

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,556
Listed2025-12-04
Days on market

Asking rent: $3,300

View on Zillow →

10300 NW 66th St Apt 107

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,534
Listed2022-08-15
Days on market

Asking rent: $3,300

View on Zillow →

10300 NW 66th St Apt 103

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,534
Listed2022-08-15
Days on market

Asking rent: $3,300

View on Zillow →

10300 NW 66th St Apt 108

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,534
Listed2022-08-15
Days on market

Asking rent: $3,300

View on Zillow →

8526 NW 107th Psge Unit 2-40

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,462
Listed2026-07-04
Days on market

Asking rent: $2,700

View on Zillow →

11002 NW 83rd St Apt 215

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,385
Listed2026-07-01
Days on market

Asking rent: $2,650

View on Zillow →

8620 NW 97th Ave Apt 212

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,573
Listed2026-08-03
Days on market

Asking rent: $2,700

View on Zillow →

5743 NW 114th Path Apt 106

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,420
Listed2026-06-01
Days on market

Asking rent: $2,900

View on Zillow →

10700 NW 66th St Apt 204

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,710
Listed2026-06-28
Days on market

Asking rent: $3,900

View on Zillow →

11102 NW 83rd St Apt 203

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,385
Listed2026-07-02
Days on market

Asking rent: $2,750

View on Zillow →

10902 NW 83rd St Apt 209

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,385
Listed2026-07-08
Days on market

Asking rent: $2,650

View on Zillow →

10455 NW 82nd St Unit 10

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,429
Listed2026-08-25
Days on market

Asking rent: $3,800

View on Zillow →

10730 NW 66th St Apt 109

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,700
Listed2026-07-21
Days on market

Asking rent: $4,000

View on Zillow →

10220 NW 63rd Ter Apt 111

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,351
Listed2026-07-28
Days on market

Asking rent: $3,400

View on Zillow →

5620 NW 114th Path Apt 201

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,370
Listed2026-08-17
Days on market

Asking rent: $3,000

View on Zillow →

8245 NW 108th Ave Unit 8-15

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,462
Listed2026-08-19
Days on market

Asking rent: $3,000

View on Zillow →

10473 NW 82nd St Unit 9

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,534
Listed2026-08-13
Days on market

Asking rent: $4,000

View on Zillow →

10220 NW 63rd Ter Apt 205

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,821
Listed2026-08-03
Days on market

Asking rent: $3,700

View on Zillow →

11002 NW 83rd St Apt 213

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,429
Listed2026-08-09
Days on market

Asking rent: $2,900

View on Zillow →

8258 NW 108th Pl Unit 4-4

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,462
Listed2026-06-18
Days on market

Asking rent: $3,250

View on Zillow →

7661 NW 107th Ave Apt 314

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,556
Listed2026-07-07
Days on market

Asking rent: $4,000

View on Zillow →

10437 NW 82nd St Unit 35

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,347
Listed2026-08-25
Days on market

Asking rent: $3,200

View on Zillow →

10245 NW 63rd Ter Apt 103

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,360
Listed2026-05-14
Days on market

Asking rent: $3,550

View on Zillow →

10305 NW 63rd Ter Apt 105

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,351
Listed2026-08-25
Days on market

Asking rent: $4,300

View on Zillow →

9725 NW 52nd St Apt 114

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,460
Listed2026-02-09
Days on market

Asking rent: $3,700

View on Zillow →

10950 NW 82nd St Apt 116

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,525
Listed2026-07-08
Days on market

Asking rent: $3,500

View on Zillow →

10473 NW 82nd St Unit 11

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,517
Listed2026-05-29
Days on market

Asking rent: $3,550

View on Zillow →

10407 NW 82nd St Unit 12

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,429
Listed2026-07-13
Days on market

Asking rent: $3,600

View on Zillow →

7751 NW 107th Ave Apt 805

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,684
Listed2026-06-04
Days on market

Asking rent: $4,200

View on Zillow →

8930 NW 97th Ave Apt 202

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,364
Listed2026-07-27
Days on market

Asking rent: $3,150

View on Zillow →

7661 NW 107th Ave Apt 308

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,556
Listed2026-08-13
Days on market

Asking rent: $3,850

View on Zillow →

7661 NW 107th Ave Apt 608

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,556
Listed2026-07-30
Days on market

Asking rent: $4,500

View on Zillow →

5300 NW 87th Ave Unit 1212

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 5 ba
Square footage2,070
Listed2026-01-18
Days on market

Asking rent: $6,500

View on Zillow →

4200 NW 107th Ave # 3208

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,394
Listed
Days on market

Asking rent: $3,644

View on Zillow →

5400 NW 114th Ave # 05-302

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,380
Listed
Days on market

Asking rent: $3,607

View on Zillow →

6055 NW 105th Ct Apt 515

Miami, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,380
Listed
Days on market

Asking rent: $3,526

View on Zillow →

10407 NW 82nd St # CU12

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,429
Listed
Days on market

Asking rent: $3,600

View on Zillow →

4790 NW 107th Ave # 101

Miami, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,405
Listed
Days on market

Asking rent: $4,219

View on Zillow →

7661 NW 107th Ave # CU608

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,556
Listed
Days on market

Asking rent: $4,500

View on Zillow →

10473 NW 82nd St # CU9

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,534
Listed
Days on market

Asking rent: $4,000

View on Zillow →

8400 NW 102nd Ave # 207

Doral, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,435
Listed
Days on market

Asking rent: $3,645

View on Zillow →

4790 NW 107th Ave # 1710

Miami, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,706
Listed
Days on market

Asking rent: $3,769

View on Zillow →

4401 NW 87th Ave Unit 101

Miami, 33178 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,582
Listed
Days on market

Asking rent: $4,053

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
5963283010condos331,335$412,0002026-08-31
7210 NW 114th Ave Unit 10615condos321,109$385,0002026-08-28
11102 NW 83rd St Apt 108condos321,312$380,0002026-08-27
5701 NW 114th Ct Apt 104condos331,420$447,0002026-08-26
7751 NW 107th Ave Apt 701condos31,343$485,0002026-08-19
11601 NW 89th St Apt 202condos331,280$390,0002026-07-31
6401 NW 103rd Pl Apt 106condos331,315$508,0002026-07-31
10730 NW 66th St Apt 502condos321,700$489,0002026-07-17
11437 NW 62nd Ter Apt 232condos331,350$400,0002026-07-07
10455 NW 82nd St Unit 33condos321,345$405,0002026-06-18
6320 NW 114th Ave Apt 1224condos321,282$380,0002026-06-16
7220 NW 114th Ave Apt 209condos321,109$370,0002026-06-12
10710 NW 66th St Apt 402condos321,710$465,0002026-06-10
6420 NW 102nd Path Apt 303condos321,102$415,0002026-06-08
11503 NW 89th St Apt 206condos331,500$410,0002026-06-05
5775 NW 109th Ave Apt 13condos321,290$340,4302026-06-04
5300 NW 87th Ave Unit 1112condos342,070$185,0002026-05-29
5725 NW 114th Path Apt 106condos331,420$450,0002026-05-28
3842 Alcantara Ave Unit 71Dcondos332,070$690,0002026-05-22
8900 NW 97th Ave Apt 206condos331,364$415,0002026-05-21
5785 NW 116th Ave Apt 106condos331,420$410,0002026-05-19
5755 NW 109th Ave Apt 21condos321,330$378,0002026-05-04
9725 NW 52nd St Apt 415condos321,460$400,0002026-05-04
10710 NW 66th St Apt 114condos321,950$590,0002026-05-01
5795 NW 109th Ave Apt 3condos321,170$394,0002026-04-23
10270 NW 66th St Apt 303condos321,102$420,0002026-04-02
10720 NW 66th St Apt 112condos321,710$500,0002026-03-30
6440 NW 114th Ave Unit 424condos321,271$410,0002026-03-26
10800 NW 88th Ter Unit 214condos331,256$410,0002026-03-20
10431 NW 82nd St Unit 1condos331,429$520,0002026-03-19
9725 NW 52nd St Apt 215condos321,460$420,0002026-03-18
8800 NW 97th Ave Apt 211condos331,335$415,0002026-03-10
7905 NW 104th Ave Apt 24condos321,236$425,0002026-03-03
7661 NW 107th Ave Apt 514condos341,556$545,0002026-02-27
8800 NW 97th Ave Apt 206condos331,364$410,0002026-02-20
7825 NW 107th Ave Apt 604condos331,684$615,0002026-02-17
10730 NW 66th St Apt 512condos321,700$450,0002026-02-11
4680 NW 102nd Ave Unit 202-20condos321,060$335,0002026-02-09
10730 NW 66th St Apt 203condos321,700$452,5002026-02-06
9805 NW 52nd St Apt 102condos321,430$400,0002026-01-30
7661 NW 107th Ave Apt 614condos341,556$545,0002026-01-29
10770 NW 66th St Apt 301condos321,950$490,0002026-01-12
8760 NW 97th Ave Apt 203condos331,335$420,0002025-12-23
9957 Costa Del Sol Blvd Unit I108condos321,524$590,0002025-12-23
6135638636condos321,351$520,0002025-12-19
6630 NW 114th Ave Apt 1534condos321,464$420,0002025-12-18
4990 NW 102nd Ave Unit 201-2condos321,239$365,0002025-12-08
8833 NW 107th Ct Unit 202condos331,284$420,0002025-12-08
10878 NW 51st Lncondos332,210$760,0002025-12-04
6670 NW 114th Ave Apt 638condos321,464$387,0002025-12-02

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
7187 NW 103 Path Unit 7187townhomes331,816$735,000
10260 NW 63rd Ter Apt 213townhomes331,547$565,000
10300 NW 66th Stsingle_family331,315$525,000
5758 NW 97th Plsingle_family321,219$650,000
5640 NW 115th Ct Apt 211townhomes331,370$395,000
townhomes342,065$815,000
10720 NW 66th St Apt 202condos321,710$459,000
townhomes331,701$598,500

10-year hold projection

IRR-18.8%
Equity multiple-2.39x
Total return (10yr)-$132,666
YearProperty valueNOICash flowLoan balanceEquity
1$190,550-$8,076-$21,629$146,395$44,155
2$196,267-$8,081-$21,687$144,680$51,586
3$202,155-$8,080-$21,741$142,848$59,307
4$208,219-$8,073-$21,791$140,889$67,330
5$214,466-$8,059-$21,835$138,796$75,669
6$220,900-$8,039-$21,874$136,560$84,340
7$227,527-$8,012-$21,907$134,169$93,357
8$234,352-$7,977-$21,934$131,615$102,738
9$241,383-$7,935-$21,955$128,885$112,498
10$248,625-$7,883-$21,969$125,968$122,657
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.