1055 NW 32nd Ct
Miami, FL 33125 · multi_family · For Sale · 34 days on market
Asking price$1,199,000
5 beds 4 baths 2,287 sqft
Suggested offer$582,538$616,462 above the est. market value of $582,538.
View on Realtor.com →Listed by Claudia Del Toro P.A · Cervera Real Estate Inc.
Typemulti_family
Built1949
Price / sqft$524
Est. value (own analysis)$582,538
Rent estimate (building total, own analysis)$6,541/mo
HOANone
1 / 42
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Statusfor_sale
Listed date2026-07-30
Removed date—
MLSMiamiMLS #A12061795
Coordinates25.78253, -80.24790
Address1055 NW 32nd Ct
CityMiami
StateFL
Zip33125
Listing ID6127095659
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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 | $1,199,000 |
| Down payment (20.0%) | $239,800 |
| Loan amount | $959,200 |
| Closing costs (5.0%) | $59,950 |
| Total cash to close | $299,750 |
| Income | |
| Rent (estimate) | $6,541$78,490 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,018$72,211 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,898$22,781 |
| Insurance (placeholder 0.8% of price) | $799$9,592 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $327$3,924 |
| Total operating expenses | $3,025$36,297 |
| 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) | $327$3,924 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 1330 NW 5th St | multi_family | 5 | 5 | 2,690 | $1,100,000 | 2026-08-07 |
| 226 NW 16th Ave | multi_family | 5 | 1 | 2,637 | $470,000 | 2026-06-03 |
| 2029 NW 5th St | multi_family | 5 | 1 | 2,532 | $605,000 | 2026-04-21 |
| 1209 NW 33rd Ave | multi_family | 5 | 3 | 2,650 | $675,000 | 2026-02-27 |
| 1120 NW 32nd Ct | multi_family | 5 | 3 | 2,346 | $850,000 | 2025-08-29 |
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 |
|---|---|---|---|---|---|---|
| 1130-1132 NW 34th Ave | multi_family | 5 | 4 | 1,824 | $739,900 | — |
| 1845 NW 16th St | multi_family | 5 | 3 | 2,871 | $640,000 | — |
| 935 NW 22nd Ct | multi_family | 5 | 3 | 1,758 | $769,000 | — |
| 2930 NW 12th St | multi_family | 5 | 3 | 2,189 | $839,000 | — |
| 2160 NW 18th Ter | multi_family | 5 | 4 | 2,552 | $1,180,000 | — |
| 1052 NW 25th Ave | multi_family | 5 | 3 | 1,950 | $699,000 | — |
| single_family | 5 | 3 | 1,675 | $1,244,000 | — | |
| 3435 NW 4th St | multi_family | 5 | 3 | 1,970 | $975,000 | — |
10-year hold projection
IRR0.7%
Equity multiple1.12x
Total return (10yr)$192,649
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,234,970 | $35,913 | -$41,980 | $948,800 | $286,170 |
| 2 | $1,272,019 | $37,172 | -$40,820 | $937,686 | $334,333 |
| 3 | $1,310,180 | $38,473 | -$39,619 | $925,809 | $384,371 |
| 4 | $1,349,485 | $39,818 | -$38,377 | $913,116 | $436,369 |
| 5 | $1,389,970 | $41,208 | -$37,093 | $899,551 | $490,418 |
| 6 | $1,431,669 | $42,645 | -$35,765 | $885,055 | $546,613 |
| 7 | $1,474,619 | $44,129 | -$34,391 | $869,564 | $605,055 |
| 8 | $1,518,857 | $45,664 | -$32,970 | $853,009 | $665,849 |
| 9 | $1,564,423 | $47,249 | -$31,501 | $835,316 | $729,107 |
| 10 | $1,611,356 | $48,888 | -$29,982 | $816,409 | $794,946 |
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.