11111 Killian Park Rd

Pinecrest, FL 33156 · single_family · For Sale · 201 days on market
Asking price$6,790,000
6 beds 8 baths 8,646 sqft
View on Realtor.com →
Listed by Jordan Lederman, Esq. · Fortune Christie's International Real Estate
Typesingle_family
Built2005
Price / sqft$785
Est. value (own analysis)$8,438,683
Rent estimate (own analysis)$31,500/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-02-13
Removed date
MLSMiamiMLS #A11963239
Coordinates25.66787, -80.29606
Address11111 Killian Park Rd
CityPinecrest
StateFL
Zip33156
Listing ID5934907489
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$6,790,000
Down payment (20.0%)$1,358,000
Loan amount$5,432,000
Closing costs (5.0%)$339,500
Total cash to close$1,697,500
Rent (comp-derived)$31,500$378,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$378,000
Vacancy rate (assumption) assumption8.0%

$378,000 × 8.0% = $30,240

Effective gross income$28,980$347,760
Property tax (placeholder 1.9% of price)$10,751$129,010
Insurance (placeholder 0.8% of price)$4,527$54,320
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,575$18,900
Total operating expenses$16,853$202,230
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$347,760
Total operating expenses derived$202,230

$347,760 − $202,230 = $145,530

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$5,432,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$5,432,000 amortized at 6.7% over 30 years = $34,907/mo

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

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$145,530
Annual debt service derived$418,890
Annual CapEx reserve assumption$18,900
Annual PMI assumption$0

($145,530 − $418,890 − $18,900 − $0) ÷ 12 = -$24,355

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$145,530
Purchase price data$6,790,000

$145,530 ÷ $6,790,000 = 2.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$292,260
Total cash to close derived$1,697,500

-$292,260 ÷ $1,697,500 = -17.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$145,530
Annual debt service derived$418,890

$145,530 ÷ $418,890 = 0.35

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$378,000
Purchase price data$6,790,000

($378,000 ÷ 12) ÷ $6,790,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$6,790,000
Gross scheduled rent (annual) comp$378,000

$6,790,000 ÷ $378,000 = 18.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$202,230
Effective gross income derived$347,760

$202,230 ÷ $347,760 = 58.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$202,230
Annual debt service derived$418,890
Annual PMI assumption$0
Gross scheduled rent (annual) comp$378,000

($202,230 + $418,890 + $0) ÷ $378,000 = 164.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family675,922$27,0002026-08-10
single_family667,646$31,5002026-06-08
single_family675,679$38,0002026-01-29

1410 Tagus Ave

Coral Gables, 33156 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,922
Listed2026-08-10
Days on market

Asking rent: $27,000

View on Zillow →

7405 SW 104th St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms6 bd / 6 ba
Square footage7,646
Listed2026-06-08
Days on market

Asking rent: $31,500

View on Zillow →

6355 SW 114th St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,679
Listed2026-01-29
Days on market

Asking rent: $38,000

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
6650 SW 123rd Stsingle_family686,848$4,650,0002026-08-12
12510 Ramiro Stsingle_family643,350$2,900,0002026-08-07
9440 SW 62nd Ctsingle_family655,576$5,475,0002026-08-07
6920 SW 124th Stsingle_family685,926$6,500,0002026-07-30
6201 SW 96th Stsingle_family665,922$5,780,0002026-07-30
7750 SW 122nd Stsingle_family653,728$3,100,0002026-07-27
7825 SW 128th Stsingle_family655,349$6,350,0002026-07-15
6801 SW 94th Stsingle_family664,873$4,650,0002026-07-10
5400 Kerwood Oaks Drsingle_family678,765$7,500,0002026-06-26
6065 SW 133rd Stsingle_family644,282$2,360,0002026-06-18
11100 SW 64th Avesingle_family644,074$4,250,0002026-06-17
5770 SW 128th Stsingle_family655,005$3,500,0002026-06-08
555 Arvida Pkwysingle_family6813,147$26,202,6892026-05-29
11155 SW 85th Ctsingle_family674,735$2,394,9902026-05-19
13351 SW 57th Ctsingle_family643,662$1,901,0002026-05-18
8955 SW 63rd Ctsingle_family677,709$8,400,0002026-04-29
5400 Banyan Trlsingle_family686,831$7,675,0002026-04-28
625 Reinante Avesingle_family698,016$47,000,0002026-04-23
10100 Lakeside Drsingle_family678,534$9,050,0002026-04-20
6200 Moss Ranch Rdsingle_family676,609$6,900,0002026-04-17
6480 SW 107th Stsingle_family655,257$3,600,0002026-04-15
6031 SW 88th Stsingle_family676,767$7,350,0002026-04-15
5501 Snapper Creek Rdsingle_family686,562$11,100,0002026-04-01
180 Solano Pradosingle_family686,753$13,000,0002026-03-30
11907 SW 70th Avesingle_family675,848$5,500,0002026-03-19
6830 SW 104th Stsingle_family666,551$7,300,0002026-03-11
10105 SW 71st Avesingle_family643,538$2,995,0002026-03-09
6220 SW 123rd Tersingle_family675,019$3,200,0002026-02-23
6831 SW 106th Stsingle_family698,540$7,202,0002026-02-10

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.

AddressTypeBedsBathsSqftAsking priceDays on market
9001-9143 SW 77th Avemulti_family65$4,500,000
8350 SW 98th Stsingle_family657,953$4,500,000
9840 SW 73rd Ctsingle_family686,841$6,499,000
11011 Marin Stsingle_family645,457$5,999,999
6600 SW 111th Stsingle_family677,563$5,785,000
7830 SW 117th Stsingle_family685,759$5,495,999
7765 SW 133rd Tersingle_family67$2,000,000
6700 SW 132nd Stsingle_family669,454$6,695,000

10-year hold projection

IRR-1.5%
Equity multiple0.75x
Total return (10yr)$464,197
YearProperty valueNOICash flowLoan balanceEquity
1$6,993,700$145,530-$292,260$5,373,105$1,620,595
2$7,203,511$150,907-$287,355$5,310,166$1,893,345
3$7,419,616$156,471-$282,276$5,242,904$2,176,712
4$7,642,205$162,227-$277,016$5,171,024$2,471,181
5$7,871,471$168,183-$271,569$5,094,208$2,777,263
6$8,107,615$174,344-$265,929$5,012,116$3,095,499
7$8,350,844$180,719-$260,089$4,924,388$3,426,456
8$8,601,369$187,313-$254,043$4,830,635$3,770,734
9$8,859,410$194,134-$247,783$4,730,443$4,128,967
10$9,125,192$201,190-$241,303$4,623,372$4,501,821
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.