12650 SW 77th Ave
Pinecrest, FL 33156 · single_family · Pending — under contract · 5 days on market
Asking price$4,125,000
6 beds 7 baths 6,583 sqft
Listed by PATRICIA N ORSINI · Principal Realty Inc.
Typesingle_family
Built2008
Price / sqft$627
Est. value (own analysis)$6,425,150
Rent estimate (own analysis)$29,250/mo
HOANone
1 / 4
Show every detail
Statusfor_sale
Listed date2026-08-28
Removed date—
MLSMiamiMLS #A12078789
Coordinates25.65281, -80.31862
Address12650 SW 77th Ave
CityPinecrest
StateFL
Zip33156
Listing ID6034892013
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 | $4,125,000 |
| Down payment (20.0%) | $825,000 |
| Loan amount | $3,300,000 |
| Closing costs (5.0%) | $206,250 |
| Total cash to close | $1,031,250 |
| Income | |
| Rent (comp-derived) | $29,250$351,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $26,910$322,920 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $6,531$78,375 |
| Insurance (placeholder 0.8% of price) | $2,750$33,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,463$17,550 |
| Total operating expenses | $10,744$128,925 |
| 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) | $1,463$17,550 |
| 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 | 6 | 7 | 5,922 | $27,000 | 2026-08-10 | — | |
| single_family | 6 | 4 | 4,282 | $14,000 | 2026-07-16 | — | |
| single_family | 6 | 6 | 7,646 | $31,500 | 2026-06-08 | — | |
| single_family | 6 | 7 | 5,679 | $38,000 | 2026-01-29 | — |
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 |
|---|---|---|---|---|---|---|
| 6650 SW 123rd St | single_family | 6 | 8 | 6,848 | $4,650,000 | 2026-08-12 |
| 12510 Ramiro St | single_family | 6 | 4 | 3,350 | $2,900,000 | 2026-08-07 |
| 9440 SW 62nd Ct | single_family | 6 | 5 | 5,576 | $5,475,000 | 2026-08-07 |
| 6920 SW 124th St | single_family | 6 | 8 | 5,926 | $6,500,000 | 2026-07-30 |
| 6201 SW 96th St | single_family | 6 | 6 | 5,922 | $5,780,000 | 2026-07-30 |
| 7750 SW 122nd St | single_family | 6 | 5 | 3,728 | $3,100,000 | 2026-07-27 |
| 7825 SW 128th St | single_family | 6 | 5 | 5,349 | $6,350,000 | 2026-07-15 |
| 6801 SW 94th St | single_family | 6 | 6 | 4,873 | $4,650,000 | 2026-07-10 |
| 5400 Kerwood Oaks Dr | single_family | 6 | 7 | 8,765 | $7,500,000 | 2026-06-26 |
| 6065 SW 133rd St | single_family | 6 | 4 | 4,282 | $2,360,000 | 2026-06-18 |
| 11100 SW 64th Ave | single_family | 6 | 4 | 4,074 | $4,250,000 | 2026-06-17 |
| 5770 SW 128th St | single_family | 6 | 5 | 5,005 | $3,500,000 | 2026-06-08 |
| 555 Arvida Pkwy | single_family | 6 | 8 | 13,147 | $26,202,689 | 2026-05-29 |
| 11155 SW 85th Ct | single_family | 6 | 7 | 4,735 | $2,394,990 | 2026-05-19 |
| 13351 SW 57th Ct | single_family | 6 | 4 | 3,662 | $1,901,000 | 2026-05-18 |
| 8955 SW 63rd Ct | single_family | 6 | 7 | 7,709 | $8,400,000 | 2026-04-29 |
| 5400 Banyan Trl | single_family | 6 | 8 | 6,831 | $7,675,000 | 2026-04-28 |
| 625 Reinante Ave | single_family | 6 | 9 | 8,016 | $47,000,000 | 2026-04-23 |
| 10100 Lakeside Dr | single_family | 6 | 7 | 8,534 | $9,050,000 | 2026-04-20 |
| 6200 Moss Ranch Rd | single_family | 6 | 7 | 6,609 | $6,900,000 | 2026-04-17 |
| 6480 SW 107th St | single_family | 6 | 5 | 5,257 | $3,600,000 | 2026-04-15 |
| 6031 SW 88th St | single_family | 6 | 7 | 6,767 | $7,350,000 | 2026-04-15 |
| 5501 Snapper Creek Rd | single_family | 6 | 8 | 6,562 | $11,100,000 | 2026-04-01 |
| 180 Solano Prado | single_family | 6 | 8 | 6,753 | $13,000,000 | 2026-03-30 |
| 11907 SW 70th Ave | single_family | 6 | 7 | 5,848 | $5,500,000 | 2026-03-19 |
| 6830 SW 104th St | single_family | 6 | 6 | 6,551 | $7,300,000 | 2026-03-11 |
| 10105 SW 71st Ave | single_family | 6 | 4 | 3,538 | $2,995,000 | 2026-03-09 |
| 6220 SW 123rd Ter | single_family | 6 | 7 | 5,019 | $3,200,000 | 2026-02-23 |
| 6831 SW 106th St | single_family | 6 | 9 | 8,540 | $7,202,000 | 2026-02-10 |
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 |
|---|---|---|---|---|---|---|
| 9001-9143 SW 77th Ave | multi_family | 6 | 5 | — | $4,500,000 | — |
| 8350 SW 98th St | single_family | 6 | 5 | 7,953 | $4,500,000 | — |
| 9840 SW 73rd Ct | single_family | 6 | 8 | 6,841 | $6,499,000 | — |
| 11011 Marin St | single_family | 6 | 4 | 5,457 | $5,999,999 | — |
| 6600 SW 111th St | single_family | 6 | 7 | 7,563 | $5,785,000 | — |
| 7830 SW 117th St | single_family | 6 | 8 | 5,759 | $5,495,999 | — |
| 7765 SW 133rd Ter | single_family | 6 | 7 | — | $2,000,000 | — |
| 6700 SW 132nd St | single_family | 6 | 6 | 9,454 | $6,695,000 | — |
10-year hold projection
IRR5.4%
Equity multiple1.86x
Total return (10yr)$1,426,004
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $4,248,750 | $193,995 | -$78,035 | $3,264,221 | $984,529 |
| 2 | $4,376,213 | $200,459 | -$72,010 | $3,225,984 | $1,150,228 |
| 3 | $4,507,499 | $207,134 | -$65,785 | $3,185,122 | $1,322,377 |
| 4 | $4,642,724 | $214,025 | -$59,354 | $3,141,454 | $1,501,270 |
| 5 | $4,782,006 | $221,140 | -$52,712 | $3,094,787 | $1,687,218 |
| 6 | $4,925,466 | $228,486 | -$45,851 | $3,044,916 | $1,880,550 |
| 7 | $5,073,230 | $236,070 | -$38,763 | $2,991,619 | $2,081,610 |
| 8 | $5,225,427 | $243,900 | -$31,442 | $2,934,663 | $2,290,763 |
| 9 | $5,382,189 | $251,983 | -$23,880 | $2,873,796 | $2,508,394 |
| 10 | $5,543,655 | $260,328 | -$16,070 | $2,808,749 | $2,734,906 |
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.