5901 SW 107th St

Pinecrest, FL 33156 · single_family · For Sale · 209 days on market
Asking price$16,995,000
7 beds 10 baths 9,644 sqft
Suggested offer$9,878,428$7,116,572 above the est. market value of $9,878,428.
View on Realtor.com →
Listed by Michael Martinez · One Sotheby's International Realty
Typesingle_family
Built2026
Price / sqft$1762
Est. value (own analysis)$9,878,428
Rent estimate (own analysis)$55,000/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-02-05
Removed date
MLSMiamiMLS #A11952853
Coordinates25.67263, -80.28893
Address5901 SW 107th St
CityPinecrest
StateFL
Zip33156
Listing ID5946124538
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$16,995,000
Down payment (20.0%)$3,399,000
Loan amount$13,596,000
Closing costs (5.0%)$849,750
Total cash to close$4,248,750
Rent (comp-derived)$55,000$660,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$660,000
Vacancy rate (assumption) assumption8.0%

$660,000 × 8.0% = $52,800

Effective gross income$50,600$607,200
Property tax (placeholder 1.9% of price)$26,909$322,905
Insurance (est. scaled by flood & wind risk)$19,828$237,930
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$2,750$33,000
Total operating expenses$49,486$593,835
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$607,200
Total operating expenses derived$593,835

$607,200 − $593,835 = $13,365

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$13,596,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$13,596,000 amortized at 6.7% over 30 years = $87,372/mo

CapEx reserve (5.0% of GSR)$2,750$33,000
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$13,365
Annual debt service derived$1,048,459
Annual CapEx reserve assumption$33,000
Annual PMI assumption$0

($13,365 − $1,048,459 − $33,000 − $0) ÷ 12 = -$89,008

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,365
Purchase price data$16,995,000

$13,365 ÷ $16,995,000 = 0.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$1,068,094
Total cash to close derived$4,248,750

-$1,068,094 ÷ $4,248,750 = -25.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,365
Annual debt service derived$1,048,459

$13,365 ÷ $1,048,459 = 0.01

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$660,000
Purchase price data$16,995,000

($660,000 ÷ 12) ÷ $16,995,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$16,995,000
Gross scheduled rent (annual) comp$660,000

$16,995,000 ÷ $660,000 = 25.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$593,835
Effective gross income derived$607,200

$593,835 ÷ $607,200 = 97.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$593,835
Annual debt service derived$1,048,459
Annual PMI assumption$0
Gross scheduled rent (annual) comp$660,000

($593,835 + $1,048,459 + $0) ÷ $660,000 = 248.8%

Comparables

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

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

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-6.9%
Equity multiple-0.15x
Total return (10yr)-$2,677,577
YearProperty valueNOICash flowLoan balanceEquity
1$17,504,850$13,365-$1,068,094$13,448,589$4,056,261
2$18,029,996$16,735-$1,065,549$13,291,055$4,738,940
3$18,570,895$20,281-$1,062,849$13,122,704$5,448,192
4$19,128,022$24,008-$1,059,988$12,942,791$6,185,231
5$19,701,863$27,926-$1,056,958$12,750,524$6,951,339
6$20,292,919$32,041-$1,053,754$12,545,053$7,747,866
7$20,901,706$36,362-$1,050,367$12,325,472$8,576,234
8$21,528,758$40,896-$1,046,789$12,090,813$9,437,944
9$22,174,620$45,653-$1,043,014$11,840,039$10,334,581
10$22,839,859$50,640-$1,039,031$11,572,045$11,267,814
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.