7425 Howard Dr
Pinecrest, FL 33156 · single_family · For Sale · 5 days on market
Asking price$6,900,000
8 beds 9 baths 8,455 sqft
Listed by Brigid Prio · BHHS EWM Realty
Typesingle_family
Built2024
Price / sqft$816
Est. value (own analysis)$10,294,011
Rent estimate (Zillow ZIP avg)$2,706/mo
HOANone
1 / 82
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Statusfor_sale
Listed date2026-08-28
Removed date—
MLSMiamiMLS #A12078859
Coordinates25.64485, -80.31450
Address7425 Howard Dr
CityPinecrest
StateFL
Zip33156
Listing ID5953279599
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $6,900,000 |
| Down payment (20.0%) | $1,380,000 |
| Loan amount | $5,520,000 |
| Closing costs (5.0%) | $345,000 |
| Total cash to close | $1,725,000 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,706$32,468 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,489$29,870 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $10,925$131,100 |
| Insurance (placeholder 0.8% of price) | $4,600$55,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $135$1,623 |
| Total operating expenses | $15,660$187,923 |
| 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) | $135$1,623 |
| 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 | 8 | 9 | 9,532 | $65,000 | 2026-07-21 | — | |
| single_family | 8 | 9 | 8,673 | $49,000 | 2026-07-30 | — |
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 |
|---|---|---|---|---|---|---|
| 6730 SW 115th St | single_family | 8 | 9 | 9,117 | $11,100,000 | 2026-05-27 |
| 33 Arvida Pkwy | single_family | 8 | 8 | 12,543 | $55,000,000 | 2026-04-22 |
| 12211 Pine Needle Ln | single_family | 8 | 7 | 6,826 | $5,220,000 | 2026-03-10 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 6290 Chapman Field Dr | single_family | 8 | 12 | 11,670 | $16,250,000 | — |
| 641 Leucadendra Dr | single_family | 8 | 10 | 13,193 | $78,000,000 | — |
| 6300 Moss Ranch Rd | single_family | 8 | 11 | 8,931 | $7,995,000 | — |
| 5771 SW 94th St | single_family | 8 | 9 | 12,023 | $21,495,000 | — |
| 5900 SW 129th Ter | single_family | 8 | 9 | 9,935 | $16,990,000 | — |
| 12900 SW 63rd Ave | single_family | 8 | 9 | 9,019 | $11,999,999 | — |
| 6990 SW 91st St | single_family | 8 | 8 | — | $5,995,000 | — |
| 6190 SW 128th St | single_family | 8 | 11 | 9,800 | $10,599,999 | — |
10-year hold projection
IRR-12.6%
Equity multiple-1.17x
Total return (10yr)-$2,843,143
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $7,107,000 | -$158,053 | -$585,353 | $5,460,151 | $1,646,849 |
| 2 | $7,320,210 | -$161,855 | -$589,195 | $5,396,192 | $1,924,018 |
| 3 | $7,539,816 | -$165,748 | -$593,129 | $5,327,841 | $2,211,976 |
| 4 | $7,766,011 | -$169,733 | -$597,157 | $5,254,796 | $2,511,215 |
| 5 | $7,998,991 | -$173,813 | -$601,281 | $5,176,735 | $2,822,256 |
| 6 | $8,238,961 | -$177,990 | -$605,503 | $5,093,313 | $3,145,647 |
| 7 | $8,486,130 | -$182,267 | -$609,825 | $5,004,163 | $3,481,966 |
| 8 | $8,740,714 | -$186,645 | -$614,251 | $4,908,891 | $3,831,822 |
| 9 | $9,002,935 | -$191,128 | -$618,782 | $4,807,077 | $4,195,858 |
| 10 | $9,273,023 | -$195,716 | -$623,420 | $4,698,270 | $4,574,753 |
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.