5825 SW 111th Ter

Pinecrest, FL 33156 · single_family · For Sale · 208 days on market
Asking price$11,950,000
7 beds 8 baths 7,921 sqft
Suggested offer$8,113,545$3,836,455 above the est. market value of $8,113,545.
View on Realtor.com →
Listed by Michael Martinez · One Sotheby's International Realty
Typesingle_family
Built2026
Price / sqft$1509
Est. value (own analysis)$8,113,545
Rent estimate (own analysis)$47,500/mo
HOA$100/mo
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-02-06
Removed date
MLSMiamiMLS #A11953042
Coordinates25.66800, -80.28686
Address5825 SW 111th Ter
CityPinecrest
StateFL
Zip33156
Listing ID5938149626
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$11,950,000
Down payment (20.0%)$2,390,000
Loan amount$9,560,000
Closing costs (5.0%)$597,500
Total cash to close$2,987,500
Rent (comp-derived)$47,500$570,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$570,000
Vacancy rate (assumption) assumption8.0%

$570,000 × 8.0% = $45,600

Effective gross income$43,700$524,400
Property tax (placeholder 1.9% of price)$18,921$227,050
Insurance (est. scaled by flood & wind risk)$13,942$167,300
HOA dues$100$1,200
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$2,375$28,500
Total operating expenses$35,338$424,050
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$524,400
Total operating expenses derived$424,050

$524,400 − $424,050 = $100,350

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$9,560,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$9,560,000 amortized at 6.7% over 30 years = $61,435/mo

CapEx reserve (5.0% of GSR)$2,375$28,500
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$100,350
Annual debt service derived$737,222
Annual CapEx reserve assumption$28,500
Annual PMI assumption$0

($100,350 − $737,222 − $28,500 − $0) ÷ 12 = -$55,448

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$100,350
Purchase price data$11,950,000

$100,350 ÷ $11,950,000 = 0.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$665,372
Total cash to close derived$2,987,500

-$665,372 ÷ $2,987,500 = -22.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$100,350
Annual debt service derived$737,222

$100,350 ÷ $737,222 = 0.14

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$570,000
Purchase price data$11,950,000

($570,000 ÷ 12) ÷ $11,950,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$11,950,000
Gross scheduled rent (annual) comp$570,000

$11,950,000 ÷ $570,000 = 21.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$424,050
Effective gross income derived$524,400

$424,050 ÷ $524,400 = 80.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$424,050
Annual debt service derived$737,222
Annual PMI assumption$0
Gross scheduled rent (annual) comp$570,000

($424,050 + $737,222 + $0) ÷ $570,000 = 203.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family775,119$13,9902026-06-17
single_family7911,253$95,0002026-07-24
single_family787,073$55,0002026-08-06
single_family7106,828$40,0002026-08-10

8480 SW 98th St

Miami, 33156 · rent comp

Bedrooms / bathrooms7 bd / 7 ba
Square footage5,119
Listed2026-06-17
Days on market

Asking rent: $13,990

View on Zillow →

6701 SW 101st St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms7 bd / 9 ba
Square footage11,253
Listed2026-07-24
Days on market

Asking rent: $95,000

View on Zillow →

11010 SW 69th Ave Unit 0

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms7 bd / 8 ba
Square footage7,073
Listed2026-08-06
Days on market

Asking rent: $55,000

View on Zillow →

11275 SW 64th Ave

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms7 bd / 10 ba
Square footage6,828
Listed2026-08-10
Days on market

Asking rent: $40,000

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
12220 Rock Garden Lnsingle_family766,065$6,575,0002026-08-18
7218 SW 102nd Stsingle_family786,541$6,700,0002026-07-28
12110 SW 60th Ctsingle_family788,321$5,100,0002026-07-27
6690 SW 96th Stsingle_family71010,001$14,500,0002026-07-24
8900 SW 62nd Ctsingle_family786,851$10,000,0002026-07-20
9360 Balada Stsingle_family786,771$20,500,0002026-07-10
7245 SW 104th Stsingle_family779,792$4,900,0002026-06-22
5865 SW 96th Stsingle_family787,811$7,750,0002026-06-22
6695 SW 112th Stsingle_family777,132$5,100,0002026-06-11
5800 Moss Ranch Rdsingle_family796,842$7,630,0002026-05-29
12820 SW 80th Avesingle_family776,977$6,000,0002026-05-19
10101 SW 60th Ctsingle_family7911,493$13,350,0002026-04-30
9500 SW 61st Ctsingle_family7710,393$15,500,0002026-04-01
9320 Balada Stsingle_family787,623$17,950,0002026-03-19
6900 SW 115th Stsingle_family776,411$6,200,0002026-03-18
9601 SW 60th Ctsingle_family788,291$6,600,0002026-03-12
5785 SW 96th Stsingle_family796,631$5,800,0002026-02-13

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
9401 Journeys End Rdsingle_family71012,843$75,000,000
6060 SW 118th Stsingle_family796,825$9,600,000
6200 SW 123rd Tersingle_family798,077$9,990,000
9741 W Suburban Drsingle_family777,196$11,750,000
9440 Old Cutler Lnsingle_family788,997$28,900,000
650 Lugo Avesingle_family759,287$28,000,000
8800 SW 57th Avesingle_family787,384$5,995,000
6371 SW 107th Stsingle_family786,345$12,999,999

10-year hold projection

IRR-4.9%
Equity multiple0.18x
Total return (10yr)-$897,708
YearProperty valueNOICash flowLoan balanceEquity
1$12,308,500$100,350-$665,372$9,456,348$2,852,152
2$12,677,755$105,481-$660,953$9,345,579$3,332,176
3$13,058,088$110,818-$656,346$9,227,203$3,830,885
4$13,449,830$116,371-$651,542$9,100,698$4,349,133
5$13,853,325$122,145-$646,535$8,965,505$4,887,820
6$14,268,925$128,150-$641,317$8,821,029$5,447,896
7$14,696,993$134,393-$635,880$8,666,632$6,030,361
8$15,137,902$140,884-$630,215$8,501,632$6,636,271
9$15,592,040$147,630-$624,316$8,325,301$7,266,739
10$16,059,801$154,643-$618,171$8,136,861$7,922,940
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.