3800 Charles Ter
Miami, FL 33133 · single_family · For Sale · 153 days on market
Asking price$1,099,000
3 beds 3 baths 1,100 sqft
Listed by Marc Salvat · Werc Realty, Llc
Typesingle_family
Built1950
Price / sqft$999
Est. value (own analysis)$1,167,203
Rent estimate (own analysis)$5,000/mo
HOANone
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Statusfor_sale
Listed date2026-04-02
Removed date—
MLSMiamiMLS #A11994246
Coordinates25.72498, -80.25512
Address3800 Charles Ter
CityMiami
StateFL
Zip33133
Listing ID6053874379
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33133)
Typical home value (ZHVI)$1,352,044
Typical rent (ZORI)$3,793/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 | $1,099,000 |
| Down payment (20.0%) | $219,800 |
| Loan amount | $879,200 |
| Closing costs (5.0%) | $54,950 |
| Total cash to close | $274,750 |
| Income | |
| Rent (comp-derived) | $5,000$60,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,600$55,200 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,740$20,881 |
| Insurance (placeholder 0.8% of price) | $733$8,792 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $250$3,000 |
| Total operating expenses | $2,723$32,673 |
| 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) | $250$3,000 |
| 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 | 3 | 2 | 1,314 | $5,000 | 2026-08-19 | — | |
| single_family | 3 | 2 | 1,442 | $6,100 | 2026-07-23 | — | |
| single_family | 3 | 2 | 1,270 | $3,950 | 2026-07-23 | — | |
| single_family | 3 | 3 | 1,474 | $4,300 | 2026-05-02 | — | |
| single_family | 3 | 2 | 1,050 | $3,500 | — | — | |
| single_family | 3 | 3 | 1,220 | $6,150 | — | — | |
| single_family | 3 | 3 | 1,220 | $6,150 | — | — | |
| single_family | 3 | 2 | 1,150 | $4,000 | — | — | |
| single_family | 3 | 3 | 1,474 | $4,890 | — | — | |
| single_family | 3 | 2 | 1,442 | $6,100 | — | — | |
| single_family | 3 | 2 | 1,431 | $5,000 | 2026-08-24 | — |
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 |
|---|---|---|---|---|---|---|
| 3577 Charles Ave | single_family | 3 | 1 | 1,120 | $1,070,000 | 2026-08-24 |
| 3253 McDonald St | single_family | 3 | 4 | 2,593 | $2,350,000 | 2026-08-21 |
| 3233 Crystal Ct | single_family | 3 | 2 | 1,877 | $2,260,000 | 2026-08-19 |
| 1621 Nocatee Dr | single_family | 3 | 3 | 2,567 | $2,850,000 | 2026-08-18 |
| 2792 SW 22nd Ave | single_family | 3 | 3 | 1,575 | $1,250,000 | 2026-08-12 |
| 3520 Saint Gaudens Ct | single_family | 3 | 4 | 2,518 | $3,850,000 | 2026-08-07 |
| 2636 SW 29th Ct | single_family | 3 | 2 | — | $600,000 | 2026-08-03 |
| 3400 William Ave | single_family | 3 | 1 | 840 | $800,000 | 2026-07-29 |
| 2241 SW 25th Ter | single_family | 3 | 2 | 1,905 | $1,020,000 | 2026-07-27 |
| 3554 William Ave | single_family | 3 | 1 | 1,043 | $1,125,000 | 2026-07-24 |
| 3101 SW 25th Ter | single_family | 3 | 2 | 1,348 | $880,000 | 2026-07-22 |
| 1701 Wa Kee Na Dr | single_family | 3 | 2 | 1,716 | $2,150,000 | 2026-07-14 |
| 4002 Kumquat Ave | single_family | 3 | 3 | 2,041 | $1,885,000 | 2026-07-13 |
| 3312 Frow Ave | single_family | 3 | 2 | 1,117 | $1,250,000 | 2026-07-02 |
| 1779 Tigertail Ave | single_family | 3 | 2 | 2,320 | $3,075,000 | 2026-06-26 |
| 3535 W Glencoe St | single_family | 3 | 1 | 1,555 | $1,650,000 | 2026-06-22 |
| 3760 Oak Ave | single_family | 3 | 2 | 1,206 | $600,000 | 2026-06-18 |
| 4046 El Prado Blvd | single_family | 3 | 3 | 2,429 | $2,250,000 | 2026-06-12 |
| 218 Frow Ave | single_family | 3 | 2 | 1,338 | $680,000 | 2026-06-09 |
| 3278 Thomas Ave | single_family | 3 | 2 | 1,266 | $1,400,000 | 2026-06-08 |
| 3200 Percival Ave | single_family | 3 | 3 | 2,431 | $2,200,000 | 2026-06-06 |
| 4165 Poinciana Ave | single_family | 3 | 2 | 1,643 | $1,800,000 | 2026-06-05 |
| 10 Prospect Dr | single_family | 3 | 2 | 1,744 | $2,100,000 | 2026-06-05 |
| 129 Florida Ave | single_family | 3 | 1 | 1,036 | $1,098,000 | 2026-05-29 |
| 115 S Prospect Dr | single_family | 3 | 2 | 1,635 | $2,300,000 | 2026-05-20 |
| 2996 Jackson Ave | single_family | 3 | 2 | 1,560 | $1,021,000 | 2026-05-18 |
| 2530 Andros Ave | single_family | 3 | 1 | 2,615 | $2,925,000 | 2026-05-18 |
| 2500 Overbrook St | single_family | 3 | 2 | 1,644 | $2,500,000 | 2026-05-14 |
| 3715 Oak Ave | single_family | 3 | 2 | 1,270 | $1,100,000 | 2026-05-11 |
| 3050 SW 26th St | single_family | 3 | 3 | 2,394 | $835,000 | 2026-05-11 |
| 2235 Overbrook St | single_family | 3 | 1 | 1,161 | $1,400,000 | 2026-05-08 |
| 2221 Tigertail Ave | single_family | 3 | 2 | 1,917 | $2,600,000 | 2026-05-07 |
| 3730 Solana Rd | single_family | 3 | 2 | 2,568 | $3,100,000 | 2026-05-07 |
| 2925 Seminole St | single_family | 3 | 2 | 3,196 | $4,850,000 | 2026-05-06 |
| 3599 Vista Ct | single_family | 3 | 1 | 1,262 | $3,900,000 | 2026-04-29 |
| 3644 Saint Gaudens Rd | single_family | 3 | 2 | 2,598 | $3,157,000 | 2026-04-28 |
| 4510 Ingraham Hwy | single_family | 3 | 2 | 1,959 | $2,600,000 | 2026-04-22 |
| 1648 Nocatee Dr | single_family | 3 | 4 | 2,913 | $2,685,000 | 2026-04-13 |
| 2850 Natoma St | single_family | 3 | 3 | 2,604 | $4,200,000 | 2026-04-09 |
| 4050 Hardie Ave | single_family | 3 | 3 | 2,656 | $2,600,000 | 2026-04-09 |
| 3416 Frow Ave | single_family | 3 | 2 | 1,376 | $1,100,000 | 2026-04-07 |
| 54 Bay Heights Dr | single_family | 3 | 2 | 2,392 | $2,830,000 | 2026-04-01 |
| 3835 Utopia Ct | single_family | 3 | 3 | 2,474 | $3,100,000 | 2026-03-30 |
| 2261 SW 26th St | single_family | 3 | 2 | 1,182 | $915,000 | 2026-03-27 |
| 2790 SW 22nd Ave | single_family | 3 | 3 | 1,575 | $1,200,000 | 2026-03-27 |
| 3650 N Bay Homes Dr | single_family | 3 | 3 | 2,219 | $2,460,000 | 2026-03-20 |
| 2692 SW 31st Ave | single_family | 3 | 3 | 1,440 | $734,500 | 2026-03-18 |
| 1895 SW 25th St | single_family | 3 | 3 | 1,854 | $1,050,000 | 2026-03-16 |
| 1800 Opechee Dr | single_family | 3 | 2 | 1,443 | $1,100,000 | 2026-03-03 |
| 2475 S Bayshore Dr Apt 2 | single_family | 3 | 3 | 2,790 | $2,425,000 | 2026-02-12 |
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 |
|---|---|---|---|---|---|---|
| 3350 SW 27th Ave Apt 1802 | condos | 3 | 3 | 2,522 | $3,100,000 | — |
| 3 Grove Isle Dr Unit C410 | condos | 3 | 3 | 2,424 | $2,695,000 | — |
| 2678 Tigertail Ave Apt 401 | condos | 3 | 4 | 1,811 | $3,250,000 | — |
| 2901 S Bayshore Dr Apt 1B | condos | 3 | 2 | 1,587 | $1,985,000 | — |
| 3431 SW 25th St | single_family | 3 | 2 | 1,296 | $740,000 | — |
| 2155 SW 25th Ter | single_family | 3 | 3 | 1,628 | $1,429,000 | — |
| 2678 Tigertail Ave Apt 1806 | condos | 3 | 4 | 2,058 | $3,995,000 | — |
| 2 Grove Isle Dr Unit B1109 | condos | 3 | 3 | 2,614 | $2,900,000 | — |
10-year hold projection
IRR-1.8%
Equity multiple0.71x
Total return (10yr)$63,996
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,131,970 | $22,527 | -$48,273 | $869,667 | $262,303 |
| 2 | $1,165,929 | $23,366 | -$47,509 | $859,480 | $306,449 |
| 3 | $1,200,907 | $24,235 | -$46,717 | $848,594 | $352,313 |
| 4 | $1,236,934 | $25,133 | -$45,897 | $836,959 | $399,975 |
| 5 | $1,274,042 | $26,063 | -$45,048 | $824,526 | $449,516 |
| 6 | $1,312,263 | $27,025 | -$44,169 | $811,239 | $501,024 |
| 7 | $1,351,631 | $28,021 | -$43,258 | $797,040 | $554,592 |
| 8 | $1,392,180 | $29,051 | -$42,315 | $781,865 | $610,315 |
| 9 | $1,433,946 | $30,117 | -$41,338 | $765,648 | $668,297 |
| 10 | $1,476,964 | $31,219 | -$40,327 | $748,318 | $728,646 |
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.