1000 West Ave Apt 1122

Miami Beach, FL 33139 · condos · For Sale · 118 days on market

Asking price$289,000

0 beds 1 baths 619 sqft

View on Realtor.com →

Listed by Pedro Saavedra · South Pointe Drive Realty Inc

Typecondos

Built1968

Price / sqft$467

Est. value (own analysis)$306,580

Rent estimate (own analysis)$2,400/mo

HOA$845/mo

Flood10/10extreme$Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorWildfire1/10Minimal

1 / 7

View full map & nearby schools →

Show every detail

Statusfor_sale

Listed date2026-05-08

Removed date—

MLSMiamiMLS #A12013987

Coordinates25.78105, -80.14271

Address1000 West Ave Apt 1122

CityMiami Beach

StateFL

Zip33139

Listing ID6269170520

Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33139)

Typical home value (ZHVI)$471,015

Typical rent (ZORI)$2,928/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)

MonthlyYearly

✎ Edit

Purchase price $289,000

Down payment (20.0%) $57,800

Loan amount $231,200

Closing costs (5.0%) $14,450

Total cash to close $72,250

Income

Rent (comp-derived) $2,400$28,800

Vacancy loss (8.0%)

Effective gross income $2,208$26,496

Operating expenses

Property tax (placeholder 1.9% of price) $458$5,491

Insurance (est. scaled by flood & wind risk) $424$5,086

HOA dues $845$10,140

Management (0.0% of EGI) $0$0

Maintenance (5.0% of GSR) $120$1,440

Total operating expenses $1,846$22,157

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) $120$1,440

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.

Type	Baths	Sqft	Asking rent	Listed	Days on market
apartment	1	500	$1,800	—	—
apartment	1	720	$3,238	2024-06-11	—
apartment	1	504	$2,235	2024-06-11	—
condos	1	435	$1,600	2026-05-28	—
condos	1	545	$2,900	2026-08-06	—
apartment	1	550	$2,995	2023-11-18	—
condos	1	500	$2,995	2022-05-30	—
condos	1	760	$6,000	2025-10-02	—
condos	1	660	$4,000	2023-03-12	—
condos	1	600	$5,000	2023-03-12	—
condos	1	660	$4,500	2023-03-14	—
condos	1	600	$4,900	2025-02-14	—
condos	1	600	$5,500	2026-06-09	—
condos	1	600	$6,500	2026-05-26	—
condos	1	434	$1,500	2026-07-24	—
apartment	1	450	$1,475	2026-07-21	—
apartment	1	452	$1,500	2026-07-15	—
condos	1	472	$1,650	2026-07-30	—
apartment	1	450	$1,500	2026-08-18	—
apartment	1	465	$1,661	2026-08-05	—
condos	1	605	$3,200	2026-07-03	—
apartment	1	435	$1,600	2026-08-15	—
apartment	1	405	$1,600	2026-07-24	—
condos	1	470	$2,100	2026-08-22	—
apartment	1	440	$2,000	2026-08-26	—
condos	1	539	$1,900	2026-08-26	—
condos	1	680	$2,295	2026-06-17	—
apartment	1	477	$1,700	2026-07-09	—
condos	1	461	$3,000	2026-08-17	—
condos	1	530	$2,200	2026-05-18	—
condos	1	420	$2,000	2026-07-29	—
apartment	1	450	$1,700	2026-07-24	—
condos	2	579	$2,400	2026-07-31	—
apartment	1	477	$1,800	2026-08-21	—
condos	1	510	$2,050	2026-06-25	—
condos	1	494	$1,900	2026-07-15	—
apartment	1	495	$1,650	2026-05-19	—
apartment	1	440	$1,650	2026-08-04	—
condos	1	497	$2,000	2026-08-13	—
condos	1	530	$2,600	2026-08-25	—
condos	1	682	$3,500	2026-08-22	—
condos	1	530	$2,200	2026-04-14	—
condos	1	560	$2,400	2026-06-01	—
apartment	1	447	$1,650	2026-03-03	—
condos	1	420	$1,700	2026-08-10	—
condos	1	535	$3,000	2026-03-23	—
condos	1	556	$2,350	2026-08-09	—
apartment	1	430	$1,650	2026-08-12	—
condos	1	619	$2,350	2026-06-12	—
condos	1	500	$2,300	2026-07-27	—
apartment	1	550	$1,750	2026-07-16	—
condos	1	530	$2,500	2026-01-30	—
condos	1	552	$2,500	2026-05-18	—
apartment	1	500	$1,650	2026-08-18	—
condos	1	420	$1,850	2026-08-10	—
condos	1	592	$3,500	2025-12-01	—
apartment	1	525	$1,950	2026-04-18	—
condos	1	508	$2,150	2026-07-29	—
apartment	1	495	$1,800	2026-07-29	—
apartment	1	450	$1,900	2026-08-20	—
condos	1	456	$1,800	2026-08-11	—
condos	1	423	$1,900	2026-07-31	—
apartment	1	550	$1,700	2026-08-10	—
condos	1	407	$1,750	2026-06-10	—
condos	1	420	$1,800	2026-05-31	—
condos	1	492	$2,000	2026-04-25	—
condos	1	560	$2,300	2026-07-12	—
condos	1	438	$1,700	2026-07-07	—
condos	1	407	$2,975	2026-07-29	—
condos	1	485	$2,500	2026-06-17	—
condos	1	413	$1,800	2026-04-30	—
condos	1	565	$2,800	2026-07-24	—
condos	1	496	$2,300	2026-05-01	—
apartment	1	450	$1,890	2026-05-23	—
condos	1	552	$2,700	2026-07-09	—
condos	1	600	$4,000	2026-08-20	—
condos	1	485	$2,075	2026-07-29	—
condos	1	530	$2,300	2023-03-31	—
apartment	1	450	$1,750	2026-04-22	—
condos	1	550	$2,400	2026-07-27	—
condos	1	550	$2,700	2026-06-01	—
condos	1	550	$2,395	2026-08-06	—
condos	1	446	$1,750	2026-08-12	—
condos	1	663	$2,500	2026-08-01	—
condos	1	550	$2,500	2026-03-05	—
apartment	1	482	$2,000	2026-08-04	—
condos	1	440	$1,600	2026-05-11	—
condos	2	530	$2,600	2026-03-11	—
condos	1	600	$3,600	2026-06-02	—
condos	1	600	$9,000	2025-07-07	—
apartment	1	425	$2,200	2026-08-13	—
apartment	1	497	$1,990	2026-01-16	—
condos	1	550	$2,500	2023-08-11	—
condos	1	455	$1,700	2026-07-06	—
condos	1	439	$1,800	2026-07-21	—
apartment	1	550	$1,800	2026-03-27	—
condos	1	439	$1,900	2026-07-08	—
condos	1	525	$2,450	2026-07-17	—
apartment	1	475	$1,750	2026-05-11	—
condos	1	545	$2,200	2026-04-21	—
condos	—	596	$2,100	2026-08-13	—
condos	1	515	$2,300	2025-12-16	—
condos	1	414	$1,650	2026-08-18	—
condos	1	450	$1,750	2026-07-14	—
condos	1	552	$2,750	2026-07-13	—
condos	1	440	$1,900	2026-06-06	—
condos	1	500	$2,500	2025-06-20	—
condos	1	450	$1,800	2026-04-23	—
condos	1	515	$2,400	2026-04-17	—
apartment	1	500	$2,200	2026-06-04	—
condos	1	550	$2,800	2026-06-22	—
condos	1	781	$2,350	2026-08-08	—
condos	1	545	$2,500	2024-11-10	—
condos	1	530	$2,700	2024-01-18	—
condos	1	530	$2,700	2026-07-26	—
condos	1	675	$2,799	2026-07-29	—
condos	1	545	$2,400	2026-06-25	—
condos	1	660	$4,200	2026-08-01	—
condos	1	535	$2,200	2026-03-24	—
condos	1	540	$2,350	2026-07-28	—
condos	1	565	$2,300	2026-03-06	—
condos	1	538	$2,099	2025-10-27	—
condos	1	550	$2,500	2026-07-18	—
condos	1	530	$3,000	2026-05-18	—
condos	1	535	$3,000	2024-07-12	—
condos	1	525	$2,800	2023-01-10	—
condos	1	530	$3,000	2023-05-08	—
condos	1	525	$2,500	2025-05-06	—
condos	1	560	$2,800	2024-09-11	—
condos	1	530	$3,000	2023-08-11	—
condos	1	543	$3,395	2026-07-13	—
condos	1	565	$2,700	2026-01-11	—
condos	1	515	$2,800	2022-03-30	—
condos	1	663	$2,490	2026-02-19	—
condos	1	530	$2,600	2026-05-01	—
condos	1	430	$2,650	2026-06-09	—
condos	1	600	$3,600	2025-04-21	—
condos	1	776	$3,300	2026-04-14	—
condos	1	590	$2,650	2026-06-23	—
condos	1	550	$3,500	2024-08-26	—
condos	1	525	$3,500	2024-07-11	—
condos	1	496	$2,800	2026-07-18	—
condos	1	530	$2,650	2026-05-11	—
condos	1	530	$3,900	2026-01-11	—
condos	1	530	$2,600	2026-01-05	—
condos	1	550	$2,900	2026-05-15	—
condos	1	525	$2,700	2026-04-07	—
condos	1	550	$3,000	2025-12-12	—
condos	1	525	$3,900	2023-02-09	—
condos	1	550	$3,000	2020-06-14	—
condos	1	545	$3,000	2020-10-13	—
condos	1	550	$3,000	2025-07-16	—
condos	1	520	$3,300	2026-08-13	—
condos	1	530	$2,800	2026-02-01	—
condos	1	525	$4,400	2026-07-20	—
condos	1	502	$4,000	2025-08-17	—
condos	1	530	$3,500	2021-10-21	—
condos	1	525	$3,700	2024-03-04	—
condos	1	550	$3,250	2026-01-07	—
condos	1	535	$3,500	2018-06-22	—
condos	1	525	$3,500	2020-10-23	—
condos	1	660	$4,200	2026-06-05	—
condos	1	485	$4,500	2026-01-11	—
condos	1	760	$4,999	2026-05-26	—
condos	2	500	$4,200	2026-01-11	—
condos	1	530	$4,000	2020-10-13	—
condos	1	530	$4,000	2022-05-10	—
condos	1	760	$6,000	2026-05-07	—
condos	1	760	$6,000	2025-12-16	—
condos	1	760	$6,600	2026-04-21	—
apartment	1	600	$4,495	2026-06-24	—
condos	1	760	$8,500	2021-10-15	—
condos	1	600	$12,000	2023-09-28	—
condos	1	760	$9,500	2023-07-25	—
condos	1	760	$9,500	2025-11-06	—
condos	1	660	$8,000	2025-08-23	—
condos	1	563	$8,000	2022-11-22	—
condos	1	450	$5,000	2026-07-14	—
condos	1	695	$9,500	2026-05-07	—
condos	1	563	$8,500	2025-10-19	—
apartment	1	420	$1,950	—	—
apartment	1	434	$1,595	2026-07-08	—
apartment	1	550	$1,700	2026-06-26	—
apartment	1	410	$1,849	2026-08-07	—
apartment	1	420	$1,825	2026-05-28	—
apartment	1	410	$1,950	2026-08-07	—
apartment	1	431	—	2025-03-06	—
apartment	1	500	$1,850	—	—
apartment	1	500	$1,850	—	—
apartment	1	500	$1,850	—	—
apartment	1	440	$2,139	—	—
apartment	1	440	$2,080	—	—
apartment	1	450	$1,600	2025-11-06	—
condos	1	428	$2,000	2026-08-28	—
condos	1	420	$1,700	2026-08-29	—
condos	1	475	$1,600	2026-08-29	—
condos	1	418	$1,750	2026-08-31	—
apartment	1	455	$1,800	2026-08-31	—
condos	1	466	$2,075	2026-08-31	—
condos	1	485	$2,075	2026-08-31	—
condos	1	502	$2,150	2026-08-31	—
condos	1	485	$2,075	2026-08-31	—
apartment	1	408	$2,100	2026-09-01	—
condos	1	580	$2,650	2026-09-01	—

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	Baths	Living sqft	Sale price	Sale date
1000 West Ave Apt 218	condos	1	543	$342,000	2026-08-24
1340 Lincoln Rd Apt 400	condos	1	440	$195,000	2026-08-20
1500 Bay Rd Unit 1210S	condos	1	472	$275,000	2026-08-17
1050 Pennsylvania Ave Apt 29	condos	1	380	$165,000	2026-08-03
1235 Euclid Ave Apt 16	condos	1	430	$188,000	2026-07-31
900 Euclid Ave Apt 12	condos	1	387	$167,500	2026-07-31
1100 West Ave Unit 807	condos	1	508	$242,000	2026-07-30
1100 West Ave Unit 918	condos	1	530	$290,000	2026-07-30
763 Pennsylvania Ave Unit 116	condos	1	270	$155,000	2026-07-29
800 West Ave Apt 532	condos	1	540	$185,000	2026-07-28
101 Ocean Dr Unit 1003	condos	1	400	$625,000	2026-07-15
750 Espanola Way Apt 9	condos	1	580	$240,000	2026-06-29
736 12th St Apt 7	condos	1	520	$195,000	2026-06-26
1052 Ocean Dr Unit C407	condos	1	389	$290,000	2026-06-25
800 West Ave Apt 605	condos	1	560	$275,000	2026-06-16
100 Lincoln Rd Unit 307	condos	1	530	$262,500	2026-06-11
710 Washington Ave Apt 503	condos	1	400	$245,000	2026-06-11
345 Ocean Dr Apt 1018	condos	1	407	$320,000	2026-06-09
900 Euclid Ave Apt 5	condos	1	387	$160,000	2026-05-29
750 Espanola Way Apt 4	condos	1	500	$274,000	2026-05-28
1001 7th St Apt 202	condos	1	420	$231,000	2026-05-20

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	Baths	Sqft	Asking price	Days on market
1525 Meridian Ave Apt 106	condos	1	450	$189,500	—
934 Michigan Ave Apt 207	condos	1	532	$180,000	—
936 Pennsylvania Ave Apt 205	condos	1	455	$199,000	—
900 Jefferson Ave Apt 2	condos	1	440	$195,000	—
1024 Ocean Dr Unit A207	condos	1	395	$295,000	—
800 West Ave Apt 741	condos	1	600	$280,000	—
500 14th St Apt 106	condos	1	488	$190,000	—
1100 West Ave Unit 812	condos	1	493	$350,000	—

10-year hold projection

IRR-3.6%

Equity multiple0.41x

Total return (10yr)-$5,105

Year	Property value	NOI	Cash flow	Loan balance	Equity
1	$297,670	$4,339	-$14,930	$228,693	$68,977
2	$306,600	$4,580	-$14,725	$226,015	$80,586
3	$315,798	$4,830	-$14,511	$223,152	$92,646
4	$325,272	$5,092	-$14,288	$220,092	$105,180
5	$335,030	$5,364	-$14,055	$216,823	$118,207
6	$345,081	$5,647	-$13,811	$213,329	$131,752
7	$355,434	$5,942	-$13,557	$209,595	$145,838
8	$366,097	$6,249	-$13,292	$205,605	$160,492
9	$377,079	$6,568	-$13,016	$201,340	$175,739
10	$388,392	$6,900	-$12,728	$196,783	$191,609

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.

NOI derived	$4,339
Annual debt service derived	$17,829

Total operating expenses derived	$22,157
Annual debt service derived	$17,829
Annual PMI assumption	$0
Gross scheduled rent (annual) comp	$28,800