4131 NW 11th Pl
Miami, FL 33127 · single_family · For Sale · 72 days on market
Asking price$720,000
5 beds 4 baths 1,432 sqft
Listed by an agent · Beachfront Realty Inc
Typesingle_family
Built1939
Price / sqft$503
Est. value (own analysis)$1,107,585
Rent estimate (own analysis)$4,400/mo
HOANone
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Statusfor_sale
Listed date2026-06-23
Removed date—
MLSMiamiMLS #A12041491
Coordinates25.81426, -80.21516
Address4131 NW 11th Pl
CityMiami
StateFL
Zip33127
Listing ID5956406270
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33127)
Typical home value (ZHVI)$528,160
Typical rent (ZORI)$2,975/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 | $720,000 |
| Down payment (20.0%) | $144,000 |
| Loan amount | $576,000 |
| Closing costs (5.0%) | $36,000 |
| Total cash to close | $180,000 |
| Income | |
| Rent (comp-derived) | $4,400$52,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,048$48,576 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,140$13,680 |
| Insurance (placeholder 0.8% of price) | $480$5,760 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $220$2,640 |
| Total operating expenses | $1,840$22,080 |
| 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) | $220$2,640 |
| 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 | 5 | 2 | 1,747 | $3,600 | 2026-06-24 | — | |
| single_family | 5 | 4 | 1,334 | $5,900 | 2026-07-27 | — | |
| single_family | 5 | 2 | 1,500 | $4,400 | — | — |
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 |
|---|---|---|---|---|---|---|
| 37 NW 47th Ter | single_family | 5 | 3 | 2,346 | $920,000 | 2026-05-15 |
| 4235 NW 1st Ave | single_family | 5 | 6 | 4,008 | $3,100,000 | 2026-05-07 |
| 660 NW 43rd St | single_family | 5 | 3 | 1,385 | $275,000 | 2026-03-06 |
| 121 NW 41st St | single_family | 5 | 2 | 2,266 | $2,000,000 | 2026-01-29 |
| 520 NW 41st St | single_family | 5 | 3 | 2,017 | $1,650,000 | 2026-01-29 |
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 |
|---|---|---|---|---|---|---|
| 760-762 NW 52nd St | multi_family | 5 | 2 | 1,513 | $685,000 | — |
| 1143 NW 27th St | single_family | 5 | 4 | 2,128 | $650,000 | — |
| 3315 NW 11th Ave | single_family | 5 | 3 | 2,350 | $600,000 | — |
| 111 NW 53rd St | single_family | 5 | 3 | 1,578 | $1,169,000 | — |
| 121 NW 53rd St | single_family | 5 | 3 | 1,779 | $1,169,000 | — |
| 280 NW 47th St | single_family | 5 | 6 | 3,567 | $3,249,000 | — |
| 260 NW 47th St | single_family | 5 | 7 | 3,476 | $3,350,000 | — |
| 536 NW 48th St | single_family | 5 | 4 | 3,056 | $2,299,000 | — |
10-year hold projection
IRR2.6%
Equity multiple1.42x
Total return (10yr)$169,103
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $741,600 | $26,496 | -$20,562 | $569,755 | $171,845 |
| 2 | $763,848 | $27,401 | -$19,723 | $563,081 | $200,767 |
| 3 | $786,763 | $28,336 | -$18,856 | $555,949 | $230,815 |
| 4 | $810,366 | $29,303 | -$17,959 | $548,327 | $262,040 |
| 5 | $834,677 | $30,301 | -$17,032 | $540,181 | $294,496 |
| 6 | $859,718 | $31,331 | -$16,074 | $531,476 | $328,241 |
| 7 | $885,509 | $32,396 | -$15,084 | $522,174 | $363,335 |
| 8 | $912,074 | $33,496 | -$14,060 | $512,232 | $399,842 |
| 9 | $939,437 | $34,632 | -$13,003 | $501,608 | $437,828 |
| 10 | $967,620 | $35,806 | -$11,910 | $490,255 | $477,365 |
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.