315 SW 10th Ave
Miami, FL 33130 · multi_family · Pending — under contract · 127 days on market
Asking price$499,000
4 beds 2 baths 1,938 sqft
Listed by Lila Lopez · Remax 360 Real Estate
Typemulti_family
Built1920
Price / sqft$257
Est. value (own analysis)$670,800
Rent estimate (building total, own analysis)$7,752/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood8/10severe$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-04-28
Removed date—
MLSMiamiMLS #A12007401
Coordinates25.77029, -80.21113
Address315 SW 10th Ave
CityMiami
StateFL
Zip33130
Listing ID6208797126
Sourceus-real-estate-listings, cached 2026-08-29
ZIP market snapshot (33130)
Typical home value (ZHVI)$515,336
Typical rent (ZORI)$3,262/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 | $499,000 |
| Down payment (20.0%) | $99,800 |
| Loan amount | $399,200 |
| Closing costs (5.0%) | $24,950 |
| Total cash to close | $124,750 |
| Income | |
| Rent (estimate) | $7,752$93,024 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,132$85,582 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $790$9,481 |
| Insurance (est. scaled by flood & wind risk) | $649$7,784 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $388$4,651 |
| Total operating expenses | $1,826$21,917 |
| 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) | $388$4,651 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| multi_family | 4 | 2 | 1,686 | $3,400 | 2026-08-24 | — |
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 |
|---|---|---|---|---|---|---|
| 315 SW 10th Ave | multi_family | — | — | 1,938 | $880,000 | 2026-09-01 |
| 311 SW 10th Ave | multi_family | — | — | 1,945 | $440,000 | 2026-09-01 |
| 443 SW 4th Ave | multi_family | — | — | 3,240 | $1,310,000 | 2026-08-10 |
| 990 SW 9th St | multi_family | — | — | 2,258 | $800,000 | 2026-07-22 |
| 516 SW 7th Ct | multi_family | — | — | 3,400 | $1,051,000 | 2026-06-29 |
| 1050 SW 10th St | multi_family | — | — | 2,408 | $625,000 | 2026-06-18 |
| 829 SW 3rd St | multi_family | 8 | 2 | 3,276 | $675,000 | 2026-04-22 |
| 959 SW 6th St | multi_family | — | — | 3,094 | $1,150,000 | 2026-03-19 |
| 945 SW 4th St | multi_family | 12 | 6 | 4,284 | $1,450,000 | 2026-03-02 |
| 152 SW 9th St | multi_family | 14 | 8 | 5,491 | $113,600 | 2025-12-31 |
| 763 SW 5th St Apt 202 | multi_family | 17 | 9 | 10,568 | $2,800,000 | 2025-12-26 |
| 1068 SW 2nd St | multi_family | — | — | 1,250 | $675,000 | 2025-12-18 |
| 527 SW 7th Ct | multi_family | — | — | 5,249 | $1,555,000 | 2025-11-25 |
| 720 SW 5th St | multi_family | — | — | 5,249 | $1,550,000 | 2025-11-25 |
| 461 SW 9th St | multi_family | 5 | 5 | 2,945 | $1,500,000 | 2025-11-13 |
| 700 SW 4th St | multi_family | 12 | 6 | 4,550 | $1,400,000 | 2025-10-20 |
| 519 SW 5th Ave | multi_family | 12 | 12 | 8,049 | $2,850,000 | 2025-10-16 |
| 434 SW 6th St | multi_family | 12 | 6 | 5,052 | $2,180,000 | 2025-09-24 |
| 1150 SW 9th St | multi_family | 4 | 2 | 1,922 | $680,000 | 2025-09-09 |
| 900 SW 5th Ave | multi_family | — | — | 2,446 | $1,255,000 | 2025-09-08 |
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 |
|---|---|---|---|---|---|---|
| 801 S Miami Ave Ph 5801 | condos | 4 | 6 | 3,882 | $8,800,000 | — |
| 421 SW 9th Ave | multi_family | 4 | 4 | 2,000 | $1,450,000 | — |
| 88 SW 7th St Apt 4011 | condos | 4 | 5 | 2,991 | $3,250,000 | — |
| 1420 S Miami Ave | condos | 4 | 5 | 3,433 | $7,810,000 | — |
| 88 SW 7th St Apt 4001 | condos | 4 | 4 | 2,997 | $5,500,000 | — |
| 88 SW 7th St Apt 4301 | condos | 4 | 6 | 4,021 | $7,100,000 | — |
| 88 SW 7th St Apt 3801 | condos | 4 | 5 | 2,997 | $3,250,000 | — |
| 88 SW 7th St Apt 3711 | condos | 4 | 4 | 2,991 | $2,950,000 | — |
10-year hold projection
IRR29.9%
Equity multiple5.34x
Total return (10yr)$606,650
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $513,970 | $63,665 | $28,230 | $394,872 | $119,098 |
| 2 | $529,389 | $65,685 | $30,133 | $390,246 | $139,143 |
| 3 | $545,271 | $67,768 | $32,097 | $385,303 | $159,968 |
| 4 | $561,629 | $69,916 | $34,123 | $380,021 | $181,608 |
| 5 | $578,478 | $72,132 | $36,213 | $374,375 | $204,103 |
| 6 | $595,832 | $74,416 | $38,370 | $368,342 | $227,490 |
| 7 | $613,707 | $76,773 | $40,595 | $361,895 | $251,812 |
| 8 | $632,118 | $79,203 | $42,890 | $355,005 | $277,113 |
| 9 | $651,082 | $81,710 | $45,258 | $347,642 | $303,440 |
| 10 | $670,614 | $84,294 | $47,701 | $339,773 | $330,841 |
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.