1925 Keystone Blvd
North Miami, FL 33181 · single_family · For Sale · 143 days on market
Asking price$3,890,000
8 beds 9 baths 2,290 sqft
Suggested offer$2,131,738$1,758,262 above the est. market value of $2,131,738.
View on Realtor.com →Listed by Marc Salvat · Werc Realty, Llc
Typesingle_family
Built2026
Price / sqft$1699
Est. value (own analysis)$2,131,738
Rent estimate (Zillow ZIP avg)$2,429/mo
HOANone
1 / 15
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Statusfor_sale
Listed date2026-04-13
Removed date—
MLSMiamiMLS #A11999593
Coordinates25.89238, -80.15922
Address1925 Keystone Blvd
CityNorth Miami
StateFL
Zip33181
Listing ID6185532325
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33181)
Typical home value (ZHVI)$321,152
Typical rent (ZORI)$2,429/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 | $3,890,000 |
| Down payment (20.0%) | $778,000 |
| Loan amount | $3,112,000 |
| Closing costs (5.0%) | $194,500 |
| Total cash to close | $972,500 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,429$29,153 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,235$26,821 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $6,159$73,910 |
| Insurance (placeholder 0.8% of price) | $2,593$31,120 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $121$1,458 |
| Total operating expenses | $8,874$106,488 |
| 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) | $121$1,458 |
| 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.
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 1900 Keystone Blvd | single_family | 2 | 3 | 1,443 | $1,200,000 | 2026-08-18 |
| 13200 Ortega Ln | single_family | 3 | 3 | 2,760 | $2,375,000 | 2026-08-14 |
| 2475 NE 137th St | single_family | 2 | 2 | 1,360 | $415,000 | 2026-08-10 |
| 2030 N Hibiscus Dr | single_family | 4 | 5 | 2,962 | $3,200,000 | 2026-08-10 |
| 2085 Keystone Blvd | single_family | 5 | 7 | 4,919 | $5,300,000 | 2026-08-07 |
| 2370 Bayview Ln | single_family | 6 | 7 | 5,625 | $7,530,000 | 2026-07-30 |
| 2040 NE 121st Rd | single_family | 5 | 2 | 4,818 | $5,150,000 | 2026-07-28 |
| 2310 Bayview Ln | single_family | 6 | 6 | 4,822 | $4,200,000 | 2026-07-27 |
| 2065 Keystone Blvd | single_family | 3 | 2 | 2,053 | $2,020,000 | 2026-07-20 |
| 2130 NE 122nd Rd | single_family | 3 | 4 | 2,295 | $2,400,000 | 2026-07-17 |
| 1875 Keystone Blvd | single_family | 2 | 2 | 1,710 | $2,150,000 | 2026-07-08 |
| 2075 S Hibiscus Dr | single_family | 3 | 3 | 1,641 | $1,350,000 | 2026-06-30 |
| 2010 Alamanda Dr | single_family | 3 | 2 | 1,586 | $1,430,000 | 2026-06-26 |
| 2500 NE 135th St Unit B206 | single_family | 2 | 2 | 996 | $255,000 | 2026-06-16 |
| 1905 NE 124th St | single_family | 3 | 2 | 2,094 | $1,125,000 | 2026-06-05 |
| 11660 Canal Dr | single_family | 3 | 2 | 1,929 | $1,240,000 | 2026-06-01 |
| 11525 NE 22nd Dr | single_family | 3 | 3 | 3,525 | $2,275,000 | 2026-05-29 |
| 2060 Keystone Blvd | single_family | 3 | 2 | 1,924 | $1,085,000 | 2026-05-28 |
| 12943 Ixora Cir | single_family | 3 | 2 | 3,155 | $3,300,000 | 2026-05-26 |
| 2125 Ixora Rd | single_family | 5 | 5 | 4,147 | $4,600,000 | 2026-05-14 |
| 1895 Ixora Rd | single_family | 4 | 3 | 2,690 | $2,200,000 | 2026-05-14 |
| 1995 Ixora Rd | single_family | 3 | 2 | 1,871 | $2,100,000 | 2026-05-13 |
| 2055 Keystone Blvd | single_family | 4 | 4 | 3,204 | $2,373,900 | 2026-05-12 |
| 12885 N Bayshore Dr | single_family | 4 | 5 | 3,658 | $5,400,000 | 2026-05-12 |
| 14000 NE 16th Ct | single_family | 3 | 2 | 1,400 | $570,000 | 2026-05-11 |
| 12900 N Bayshore Dr | single_family | 4 | 3 | 2,239 | $2,825,000 | 2026-04-30 |
| 1775 NE 147th St | single_family | 4 | 3 | 2,455 | $680,000 | 2026-04-30 |
| 13000 Arch Creek Ter | single_family | 4 | 5 | 2,687 | $2,700,000 | 2026-04-29 |
| 12945 Coronado Ter | single_family | 4 | 3 | 3,757 | $3,500,000 | 2026-04-22 |
| 2104 NE 124th St | single_family | 3 | 2 | 1,558 | $2,300,000 | 2026-04-09 |
| 1745 NE 137th Ter | single_family | 3 | 2 | 2,100 | $775,000 | 2026-04-03 |
| 1940 NE 119th Rd | single_family | 5 | 4 | 3,668 | $4,250,000 | 2026-04-02 |
| 11505 N Bayshore Dr | single_family | 3 | 3 | 2,296 | $1,300,000 | 2026-03-26 |
| 2108 NE 124th St | single_family | 3 | 2 | 2,264 | $2,275,000 | 2026-03-25 |
| 1995 NE 118th Rd | single_family | 5 | 5 | 5,671 | $12,200,000 | 2026-03-16 |
| 12545 Palm Rd | single_family | 4 | 4 | 2,552 | $2,600,000 | 2026-03-16 |
| 12540 Palm Rd | single_family | 3 | 2 | 1,822 | $1,150,000 | 2026-03-04 |
| 12900 Ixora Cir | single_family | 2 | 3 | 2,472 | $2,650,000 | 2026-02-26 |
| 12430 Keystone Island Dr | single_family | 3 | 3 | 2,048 | $1,500,000 | 2026-02-25 |
| 2240 NE 137th St | single_family | 2 | 1 | 825 | $260,000 | 2026-02-11 |
| 1998 NE 135th St | single_family | 1 | 1 | 464 | $1,800,000 | 2026-02-09 |
| 13225 Arch Creek Ter | single_family | 6 | 6 | 4,547 | $7,500,000 | 2026-02-06 |
| 11407 N Bayshore Dr | single_family | 4 | 3 | 2,705 | $1,800,000 | 2026-02-05 |
| 2421 NE 135th Ln | single_family | 1 | 0 | 456 | $240,000 | 2026-02-05 |
| 13205 Coronado Dr | single_family | 3 | 2 | 1,980 | $2,300,000 | 2026-01-29 |
| 12855 Maple Rd | single_family | 4 | 4 | 2,750 | $3,140,000 | 2026-01-15 |
| 1960 NE 118th Rd | single_family | 5 | 4 | 4,219 | $3,672,000 | 2025-12-27 |
| 2180 Alamanda Dr | single_family | 4 | 4 | 2,134 | $1,985,000 | 2025-12-23 |
| 12910 Auralia Rd | single_family | 3 | 2 | 2,569 | $3,000,000 | 2025-12-16 |
| 12932 Ixora Rd | single_family | 4 | 3 | 2,258 | $1,600,000 | 2025-12-15 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 12501 NE 5th Ave | multi_family | 8 | 4 | 3,007 | $1,200,000 | — |
| 13145 Coronado Ln | single_family | 8 | 9 | 4,673 | $5,950,000 | — |
10-year hold projection
IRR-12.0%
Equity multiple-1.07x
Total return (10yr)-$1,500,611
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $4,006,700 | -$79,667 | -$321,107 | $3,078,259 | $928,441 |
| 2 | $4,126,901 | -$81,525 | -$323,001 | $3,042,201 | $1,084,700 |
| 3 | $4,250,708 | -$83,425 | -$324,939 | $3,003,667 | $1,247,041 |
| 4 | $4,378,229 | -$85,368 | -$326,920 | $2,962,487 | $1,415,743 |
| 5 | $4,509,576 | -$87,356 | -$328,947 | $2,918,478 | $1,591,098 |
| 6 | $4,644,863 | -$89,389 | -$331,020 | $2,871,448 | $1,773,416 |
| 7 | $4,784,209 | -$91,468 | -$333,141 | $2,821,188 | $1,963,021 |
| 8 | $4,927,736 | -$93,594 | -$335,310 | $2,767,477 | $2,160,259 |
| 9 | $5,075,568 | -$95,769 | -$337,528 | $2,710,077 | $2,365,491 |
| 10 | $5,227,835 | -$97,994 | -$339,797 | $2,648,735 | $2,579,099 |
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.