6300 SW 104th St

Pinecrest, FL 33156 · single_family · For Sale · 240 days on market
Asking price$3,499,500
9 beds 10 baths — sqft
Suggested offer$2,945,000$554,500 above the est. market value of $2,945,000.
View on Realtor.com →
Listed by Ricky Kallabat · Keller Williams Capital Realty
Typesingle_family
Built2026
Price / sqft
Est. value (own analysis)$2,945,000
Rent estimate (Zillow ZIP avg)$2,706/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-01-05
Removed date
MLSMiamiMLS #A11938786
Coordinates25.67400, -80.29676
Address6300 SW 104th St
CityPinecrest
StateFL
Zip33156
Listing ID5933603181
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)

Purchase price$3,499,500
Down payment (20.0%)$699,900
Loan amount$2,799,600
Closing costs (5.0%)$174,975
Total cash to close$874,875
Rent (ZIP avg, ZORI — not bedroom-specific)$2,706$32,468
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$32,468
Vacancy rate (assumption) assumption8.0%

$32,468 × 8.0% = $2,597

Effective gross income$2,489$29,870
Property tax (placeholder 1.9% of price)$5,541$66,491
Insurance (est. scaled by flood & wind risk)$3,733$44,794
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$135$1,623
Total operating expenses$9,409$112,907
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$29,870
Total operating expenses derived$112,907

$29,870 − $112,907 = -$83,037

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$2,799,600
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,799,600 amortized at 6.7% over 30 years = $17,991/mo

CapEx reserve (5.0% of GSR)$135$1,623
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-$83,037
Annual debt service derived$215,892
Annual CapEx reserve assumption$1,623
Annual PMI assumption$0

(-$83,037 − $215,892 − $1,623 − $0) ÷ 12 = -$25,046

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$83,037
Purchase price data$3,499,500

-$83,037 ÷ $3,499,500 = -2.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$300,552
Total cash to close derived$874,875

-$300,552 ÷ $874,875 = -34.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$83,037
Annual debt service derived$215,892

-$83,037 ÷ $215,892 = -0.38

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$32,468
Purchase price data$3,499,500

($32,468 ÷ 12) ÷ $3,499,500 = 0.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$3,499,500
Gross scheduled rent (annual) comp$32,468

$3,499,500 ÷ $32,468 = 107.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$112,907
Effective gross income derived$29,870

$112,907 ÷ $29,870 = 378.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$112,907
Annual debt service derived$215,892
Annual PMI assumption$0
Gross scheduled rent (annual) comp$32,468

($112,907 + $215,892 + $0) ÷ $32,468 = 1012.7%

Comparables

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

No active rental listings cached yet for this bedroom count.

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
13470 SW 67th Avesingle_family443,258$2,900,0002026-09-01
6980 SW 104th Stsingle_family433,002$1,650,0002026-08-27
5780 Las Palmas Drsingle_family444,638$3,500,0002026-08-26
12801 SW 61st Avesingle_family555,802$4,550,0002026-08-24
12050 Moss Ranch Rdsingle_family443,191$3,375,0002026-08-21
8331 SW 100th Stsingle_family321,191$173,370,0702026-08-21
1115 San Pedro Avesingle_family442,960$4,750,0002026-08-21
600 Conde Avesingle_family554,512$4,000,0002026-08-18
9801 SW 73rd Ctsingle_family442,539$1,925,0002026-08-18
12220 Rock Garden Lnsingle_family766,065$6,575,0002026-08-18
5770 SW 100th Stsingle_family566,447$4,750,0002026-08-17
7200 SW 107th Tersingle_family563,450$2,990,0002026-08-17
12624 SW 77th Avesingle_family544,014$3,200,0002026-08-13
7350 SW 129th Stsingle_family432,982$1,650,0002026-08-13
6650 SW 123rd Stsingle_family686,848$4,650,0002026-08-12
8005 SW 106th Stsingle_family322,920$1,375,0002026-08-12
6060 SW 133rd Stsingle_family423,183$2,425,0002026-08-11
7255 SW 126th Stsingle_family44$1,315,0002026-08-10
13300 SW 69th Avesingle_family554,731$2,900,0002026-08-10
1400 Coruna Avesingle_family443,639$3,400,0002026-08-10
13200 SW 83rd Avesingle_family322,492$1,225,0002026-08-07
12510 Ramiro Stsingle_family643,350$2,900,0002026-08-07
9440 SW 62nd Ctsingle_family655,576$5,475,0002026-08-07
12515 SW 85th Avenue Rdsingle_family321,379$400,0002026-08-07
11600 SW 77th Avesingle_family574,673$4,700,0002026-08-07
11490 SW 72nd Ctsingle_family432,616$1,620,0002026-08-05
8600 SW 112th Stsingle_family0$2,700,0002026-08-05
6181 W Suburban Drsingle_family212,745$4,200,0002026-08-04
10330 SW 71st Avesingle_family532,789$2,275,0002026-08-03
9710 SW 72nd Ctsingle_family421,805$1,620,0002026-08-03
8340 SW 96th Stsingle_family321,999$1,300,0002026-08-03
12801 Old Cutler Rdsingle_family564,906$4,110,0002026-08-03
11100 SW 73rd Ctsingle_family423,669$2,400,0002026-07-31
6920 SW 124th Stsingle_family685,926$6,500,0002026-07-30
6201 SW 96th Stsingle_family665,922$5,780,0002026-07-30
8200 SW 102nd Stsingle_family322,112$1,775,0002026-07-30
7218 SW 102nd Stsingle_family786,541$6,700,0002026-07-28
12420 SW 69th Avesingle_family321,467$1,575,0002026-07-28
8255 SW 134th Stsingle_family421,766$1,350,0002026-07-28
8595 SW 128th Stsingle_family421,404$705,0002026-07-28
7345 SW 122nd Stsingle_family432,348$1,777,5002026-07-27
7750 SW 122nd Stsingle_family653,728$3,100,0002026-07-27
7175 SW 117th Tersingle_family543,448$2,155,0002026-07-27
12110 SW 60th Ctsingle_family788,321$5,100,0002026-07-27
6690 SW 96th Stsingle_family71010,001$14,500,0002026-07-24
5340 Banyan Drsingle_family555,690$7,281,5002026-07-22
12070 SW 83rd Plsingle_family554,212$2,270,0002026-07-21
7440 SW 106th Stsingle_family533,748$3,250,0002026-07-21
8900 SW 62nd Ctsingle_family786,851$10,000,0002026-07-20
6601 Chapman Field Drsingle_family433,678$2,700,0002026-07-15

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
12575 Pine Needle Lnsingle_family9108,136$6,900,000
5801 Moss Ranch Rdsingle_family91315,235$17,950,000
5250 Snapper Creek Rdsingle_family9109,997$18,500,000

10-year hold projection

IRR-12.8%
Equity multiple-1.21x
Total return (10yr)-$1,479,326
YearProperty valueNOICash flowLoan balanceEquity
1$3,604,485-$83,037-$300,552$2,769,246$835,239
2$3,712,620-$84,964-$302,519$2,736,808$975,812
3$3,823,998-$86,934-$304,531$2,702,142$1,121,856
4$3,938,718-$88,949-$306,589$2,665,096$1,273,622
5$4,056,880-$91,009-$308,693$2,625,505$1,431,374
6$4,178,586-$93,117-$310,845$2,583,196$1,595,390
7$4,303,944-$95,271-$313,046$2,537,982$1,765,962
8$4,433,062-$97,475-$315,296$2,489,662$1,943,400
9$4,566,054-$99,728-$317,598$2,438,025$2,128,029
10$4,703,035-$102,032-$319,951$2,382,841$2,320,194
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.