1810 NW 16th Ter
Miami, FL 33125 · single_family · For Sale · 700 days on market
Asking price$540,000
2 beds 1 baths 1,006 sqft
Suggested offer$426,574$113,426 above the est. market value of $426,574.
View on Realtor.com →Listed by Norma Schneck · Douglas Elliman
Typesingle_family
Built1939
Price / sqft$537
Est. value (own analysis)$426,574
Rent estimate (own analysis)$3,075/mo
HOANone
1 / 19
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Statusfor_sale
Listed date2024-10-02
Removed date—
MLSMiamiMLS #A11668455
Coordinates25.79023, -80.22561
Address1810 NW 16th Ter
CityMiami
StateFL
Zip33125
Listing ID5938581777
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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 | $540,000 |
| Down payment (20.0%) | $108,000 |
| Loan amount | $432,000 |
| Closing costs (5.0%) | $27,000 |
| Total cash to close | $135,000 |
| Income | |
| Rent (comp-derived) | $3,075$36,900 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,829$33,948 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $855$10,260 |
| Insurance (placeholder 0.8% of price) | $360$4,320 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $154$1,845 |
| Total operating expenses | $1,369$16,425 |
| 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) | $154$1,845 |
| 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.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 2 | 1 | 1,234 | $2,950 | 2026-08-11 | — | |
| single_family | 2 | 1 | 1,122 | $3,500 | 2026-07-14 | — | |
| single_family | 2 | 1 | 794 | $3,750 | 2026-07-30 | — | |
| single_family | 2 | 1 | 1,108 | $2,600 | 2026-07-29 | — | |
| single_family | 2 | 2 | 1,150 | $2,700 | 2026-08-25 | — | |
| single_family | 2 | 1 | 999 | $3,200 | 2026-08-26 | — |
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 |
|---|---|---|---|---|---|---|
| 1135 NW 32nd Ct | single_family | 2 | 1 | 1,295 | $423,000 | 2026-08-05 |
| 3527 NW 17th St | single_family | 2 | 1 | 1,442 | $640,000 | 2026-07-31 |
| 3030 NW 5th St | single_family | 2 | 1 | 1,111 | $650,000 | 2026-07-13 |
| 3500 NW 14th Ter | single_family | 2 | 2 | 1,852 | $350,000 | 2026-07-07 |
| 2810 NW 6th St | single_family | 2 | 1 | 1,328 | $570,000 | 2026-06-29 |
| 1538 NW 15th Ave | single_family | 2 | 1 | 810 | $595,500 | 2026-06-22 |
| 1538 NW 15th Ave | single_family | 2 | 1 | 810 | $595,500 | 2026-06-22 |
| 2272 NW 4th St | single_family | 2 | 1 | 1,760 | $660,000 | 2026-05-27 |
| 1030 NW 30th Ave | single_family | 2 | 1 | 1,100 | $425,000 | 2026-05-26 |
| 2400 NW 15th St | single_family | 2 | 1 | 1,257 | $525,000 | 2026-05-26 |
| 3684 NW 19th Ter | single_family | 2 | 1 | 955 | $400,000 | 2026-05-20 |
| 831 NW 21st Ct | single_family | 2 | 2 | 832 | $390,000 | 2026-05-05 |
| 301 NW 23rd Ave | single_family | 2 | 2 | 1,574 | $445,000 | 2026-03-27 |
| 3050 NW 2nd St | single_family | 2 | 2 | 998 | $500,000 | 2026-03-20 |
| 3671 NW 16th St | single_family | 2 | 1 | 1,800 | $695,000 | 2026-03-13 |
| 1048 NW 33rd Ave | single_family | 2 | 1 | 1,210 | $525,000 | 2026-03-11 |
| 1001 NW 37th Ave | single_family | 2 | 1 | — | $710,000 | 2026-02-06 |
| 1020 NW 27th Ct | single_family | 2 | 1 | 1,101 | $680,000 | 2026-02-03 |
| 2850 NW 4th St | single_family | 2 | 1 | 1,440 | $465,000 | 2026-01-29 |
| 1040 NW 28th Ave | single_family | 2 | 1 | 1,444 | $460,000 | 2026-01-20 |
| 926 NW 24th Ct | single_family | 2 | 1 | 925 | $480,000 | 2026-01-14 |
| 750 NW 23rd Ave | single_family | 2 | 1 | 1,319 | $203,000 | 2025-12-23 |
| 2780 NW 6th St | single_family | 2 | 1 | 979 | $510,000 | 2025-12-17 |
| 45 NW 25th Ave | single_family | 2 | 1 | 1,085 | $585,000 | 2025-12-08 |
| 3071 NW 6th St | single_family | 2 | 1 | 2,118 | $590,000 | 2025-12-08 |
| 3082 NW 4th St | single_family | 2 | 2 | 1,945 | $610,000 | 2025-10-29 |
| 3450 NW 14th St | single_family | 2 | 2 | 1,474 | $450,000 | 2025-10-20 |
| 1037 NW 33rd Ave | single_family | 2 | 1 | 832 | $390,000 | 2025-09-19 |
| 105 NW 32nd Pl | single_family | 2 | 1 | 1,150 | $500,000 | 2025-09-05 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 1871 NW S River Dr Unit A03 | condos | 2 | 2 | 1,026 | $340,000 | — |
| 1236 NW 5th St | single_family | 2 | 1 | 930 | $1,050,000 | — |
| 1861 NW S River Dr Unit 1003 | condos | 2 | 2 | 935 | $368,000 | — |
| 3151 NW Flagler Ter | single_family | 2 | 1 | 1,122 | $625,000 | — |
| 3640 NW 9th St Apt 201 | condos | 2 | 1 | 748 | $260,000 | — |
| 1800 NW 19th St Apt 2 | condos | 2 | 1 | 650 | $199,999 | — |
| single_family | 2 | 1 | 828 | $525,000 | — | |
| 1861 NW S River Dr Unit 1404 | condos | 2 | 2 | 948 | $399,999 | — |
10-year hold projection
IRR1.4%
Equity multiple1.23x
Total return (10yr)$101,376
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $556,200 | $17,523 | -$17,636 | $427,316 | $128,884 |
| 2 | $572,886 | $18,131 | -$17,074 | $422,311 | $150,575 |
| 3 | $590,073 | $18,759 | -$16,493 | $416,961 | $173,111 |
| 4 | $607,775 | $19,408 | -$15,893 | $411,245 | $196,530 |
| 5 | $626,008 | $20,079 | -$15,272 | $405,136 | $220,872 |
| 6 | $644,788 | $20,772 | -$14,630 | $398,607 | $246,181 |
| 7 | $664,132 | $21,488 | -$13,966 | $391,630 | $272,502 |
| 8 | $684,056 | $22,228 | -$13,279 | $384,174 | $299,882 |
| 9 | $704,578 | $22,992 | -$12,570 | $376,206 | $328,372 |
| 10 | $725,715 | $23,782 | -$11,836 | $367,690 | $358,024 |
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.