801 NW 17th Ct

Miami, FL 33125 · single_family · For Sale · 61 days on market
Asking price$720,000
3 beds 3 baths 1,758 sqft
Suggested offer$710,551$9,449 above the est. market value of $710,551.
View on Realtor.com →
Listed by Lidisbet Jui Evora · MIRANDA LANDA REALTY GROUP LLC
Typesingle_family
Built1946
Price / sqft$410
Est. value (own analysis)$710,551
Rent estimate (own analysis)$3,499/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-07-04
Removed date
MLSMiamiMLS #A12046702
Coordinates25.78094, -80.22318
Address801 NW 17th Ct
CityMiami
StateFL
Zip33125
Listing ID6184909657
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)

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
Rent (comp-derived)$3,499$41,988
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$41,988
Vacancy rate (assumption) assumption8.0%

$41,988 × 8.0% = $3,359

Effective gross income$3,219$38,629
Property tax (placeholder 1.9% of price)$1,140$13,680
Insurance (est. scaled by flood & wind risk)$1,056$12,672
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$175$2,099
Total operating expenses$2,371$28,451
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$38,629
Total operating expenses derived$28,451

$38,629 − $28,451 = $10,178

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$576,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$576,000 amortized at 6.7% over 30 years = $3,702/mo

CapEx reserve (5.0% of GSR)$175$2,099
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$10,178
Annual debt service derived$44,418
Annual CapEx reserve assumption$2,099
Annual PMI assumption$0

($10,178 − $44,418 − $2,099 − $0) ÷ 12 = -$3,028

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$10,178
Purchase price data$720,000

$10,178 ÷ $720,000 = 1.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$36,340
Total cash to close derived$180,000

-$36,340 ÷ $180,000 = -20.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$10,178
Annual debt service derived$44,418

$10,178 ÷ $44,418 = 0.23

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$41,988
Purchase price data$720,000

($41,988 ÷ 12) ÷ $720,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$720,000
Gross scheduled rent (annual) comp$41,988

$720,000 ÷ $41,988 = 17.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$28,451
Effective gross income derived$38,629

$28,451 ÷ $38,629 = 73.7%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$28,451
Annual debt service derived$44,418
Annual PMI assumption$0
Gross scheduled rent (annual) comp$41,988

($28,451 + $44,418 + $0) ÷ $41,988 = 173.5%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family312,126$3,1502026-08-07
single_family321,300$3,5002026-07-10
single_family311,500$2,9002026-04-27
single_family321,320$3,4002026-09-01
single_family321,534$3,4992026-08-24
single_family321,322$3,500
single_family321,726$3,7002026-09-02

3500 NW 1st St

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage2,126
Listed2026-08-07
Days on market

Asking rent: $3,150

View on Zillow →

3171 NW 17th St

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,300
Listed2026-07-10
Days on market

Asking rent: $3,500

View on Zillow →

1702 NW 3rd St

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,500
Listed2026-04-27
Days on market

Asking rent: $2,900

View on Zillow →

1011 NW 30th Ct Unit 3

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,320
Listed2026-09-01
Days on market

Asking rent: $3,400

View on Zillow →

1259 NW 34th Ave

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,534
Listed2026-08-24
Days on market

Asking rent: $3,499

View on Zillow →

860 NW 17th Ct

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,322
Listed
Days on market

Asking rent: $3,500

View on Zillow →

3641 NW 15th St

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,726
Listed2026-09-02
Days on market

Asking rent: $3,700

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
2850 NW 5th Stsingle_family322,347$828,0002026-08-28
3210 NW 19th Stsingle_family321,553$595,0002026-08-24
3625 NW 13th Stsingle_family311,578$699,0002026-08-12
3630 NW 4th Tersingle_family311,504$535,0002026-08-03
3310 NW 19th Tersingle_family321,435$580,0002026-07-29
725 NW 24th Ctsingle_family332,595$660,0002026-07-24
2275 NW 4th Stsingle_family322,120$720,0002026-07-23
2152 NW 18th Stsingle_family311,464$400,0002026-07-22
1291 NW 22nd Avesingle_family311,916$580,0002026-07-13
860 NW 18th Plsingle_family321,272$575,0002026-06-24
3000 NW 5th Stsingle_family321,966$560,0002026-06-18
3431 NW 14th Tersingle_family331,870$837,0002026-06-04
721 NW 32nd Ctsingle_family31983$460,0002026-05-27
3446 NW 17th Stsingle_family322,427$560,0002026-05-27
2166 NW 18th Stsingle_family321,586$490,0002026-05-21
904 NW 15th Avesingle_family322,263$549,0002026-05-18
1051 NW 25th Avesingle_family312,518$800,0002026-05-13
3180 NW 2nd Stsingle_family321,304$698,0002026-05-08
2840 NW 4th Stsingle_family332,346$615,0002026-05-06
1281 NW 31st Avesingle_family321,499$630,0002026-05-01
1648 NW 28th Avesingle_family321,980$545,0002026-04-30
2031 NW South River Drsingle_family332,434$1,005,0002026-04-27
1520 NW 29th Avesingle_family321,430$745,0002026-04-23
431 NW 32nd Ctsingle_family321,492$540,0002026-04-22
720 NW 19th Ctsingle_family322,194$660,0002026-03-16
91 Glen Royal Pkwysingle_family322,415$1,275,0002026-03-16
3430 NW 16th Stsingle_family321,470$670,0002026-03-12
1232 NW 32nd Plsingle_family321,334$590,0002026-03-11
871 NW 17th Ctsingle_family321,558$650,0002026-03-02
401 NW 33rd Avesingle_family311,009$481,0002026-02-19
2722 NW 4th Stsingle_family322,379$710,0002026-02-02
3664 NW 12th Stsingle_family311,720$460,0002025-12-03
3111 NW 19th Stsingle_family311,874$410,0002025-10-31
22 NW 31st Avesingle_family321,080$495,0002025-10-29
3001 NW 3rd Stsingle_family321,414$610,0002025-10-27
511 NW 33rd Avesingle_family321,384$550,0002025-10-24
1565 NW 30th Avesingle_family321,493$660,0002025-10-03
1501 NW 37th Avesingle_family321,253$649,9002025-09-26
1021 NW 20th Avesingle_family311,065$503,0002025-09-19
2730 NW 6th Stsingle_family321,288$525,0002025-09-17
1000 NW 35th Ctsingle_family321,457$660,0002025-09-11

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.

AddressTypeBedsBathsSqftAsking priceDays on market
2400 NW 16th Street Rdmulti_family3225,899$8,200,000
2451 NW 11th Stsingle_family321,974$857,500
530 NW 31st Avesingle_family32$729,000
3311 NW 16th Tersingle_family321,440$656,000
2415 NW 15th Stsingle_family33962$599,999
1218 NW 4th Stmulti_family312,640$850,000
1798 NW 19th Stsingle_family311,234$450,000
3210 NW 19th Stsingle_family321,553$599,000

10-year hold projection

IRR-3.5%
Equity multiple0.42x
Total return (10yr)-$10,253
YearProperty valueNOICash flowLoan balanceEquity
1$741,600$10,178-$36,340$569,755$171,845
2$763,848$10,625-$35,945$563,081$200,767
3$786,763$11,090-$35,534$555,949$230,815
4$810,366$11,572-$35,107$548,327$262,040
5$834,677$12,072-$34,663$540,181$294,496
6$859,718$12,591-$34,202$531,476$328,241
7$885,509$13,130-$33,723$522,174$363,335
8$912,074$13,689-$33,225$512,232$399,842
9$939,437$14,269-$32,708$501,608$437,828
10$967,620$14,870-$32,170$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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.