16430 NE 30th Ave

North Miami Beach, FL 33160 · single_family · For Sale · 175 days on market
Asking price$6,175,000
5 beds 5 baths 5,027 sqft
Suggested offer$4,329,303$1,845,697 above the est. market value of $4,329,303.
View on Realtor.com →
Listed by Jamie Moody · William Raveis RE - Boca Raton
Typesingle_family
Built1992
Price / sqft$1228
Est. value (own analysis)$4,329,303
Rent estimate (own analysis)$44,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-03-11
Removed date
MLSBeachesMLS #R11149968
Coordinates25.92874, -80.14162
Address16430 NE 30th Ave
CityNorth Miami Beach
StateFL
Zip33160
Listing ID6321578420
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33160)

Typical home value (ZHVI)$518,452
Typical rent (ZORI)$3,079/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$6,175,000
Down payment (20.0%)$1,235,000
Loan amount$4,940,000
Closing costs (5.0%)$308,750
Total cash to close$1,543,750
Rent (comp-derived)$44,000$528,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$528,000
Vacancy rate (assumption) assumption8.0%

$528,000 × 8.0% = $42,240

Effective gross income$40,480$485,760
Property tax (placeholder 1.9% of price)$9,777$117,325
Insurance (placeholder 0.8% of price)$4,117$49,400
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$2,200$26,400
Total operating expenses$16,094$193,125
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$485,760
Total operating expenses derived$193,125

$485,760 − $193,125 = $292,635

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$4,940,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$4,940,000 amortized at 6.7% over 30 years = $31,746/mo

CapEx reserve (5.0% of GSR)$2,200$26,400
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$292,635
Annual debt service derived$380,949
Annual CapEx reserve assumption$26,400
Annual PMI assumption$0

($292,635 − $380,949 − $26,400 − $0) ÷ 12 = -$9,560

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$292,635
Purchase price data$6,175,000

$292,635 ÷ $6,175,000 = 4.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$114,714
Total cash to close derived$1,543,750

-$114,714 ÷ $1,543,750 = -7.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$292,635
Annual debt service derived$380,949

$292,635 ÷ $380,949 = 0.77

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$528,000
Purchase price data$6,175,000

($528,000 ÷ 12) ÷ $6,175,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$6,175,000
Gross scheduled rent (annual) comp$528,000

$6,175,000 ÷ $528,000 = 11.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$193,125
Effective gross income derived$485,760

$193,125 ÷ $485,760 = 39.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$193,125
Annual debt service derived$380,949
Annual PMI assumption$0
Gross scheduled rent (annual) comp$528,000

($193,125 + $380,949 + $0) ÷ $528,000 = 108.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family573,955$38,0002026-08-13
single_family565,492$60,0002025-12-17
single_family565,036$35,0002026-06-04
single_family564,759$50,0002026-05-05

3343 NE 166th St

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms5 bd / 7 ba
Square footage3,955
Listed2026-08-13
Days on market

Asking rent: $38,000

View on Zillow →

3260 NE 165th St

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage5,492
Listed2025-12-17
Days on market

Asking rent: $60,000

View on Zillow →

278 190th St

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage5,036
Listed2026-06-04
Days on market

Asking rent: $35,000

View on Zillow →

3300 NE 170th St

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage4,759
Listed2026-05-05
Days on market

Asking rent: $50,000

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
262 189th Tersingle_family564,140$5,325,0002026-08-17
625 Ocean Blvdsingle_family546,734$24,000,0002026-08-13
465 Golden Beach Drsingle_family553,674$4,500,0002026-07-01
3443 NE 166th Stsingle_family553,083$2,000,0002026-05-21
333 Golden Beach Drsingle_family554,810$4,000,0002026-05-19
3942 194th Lnsingle_family553,339$2,450,0002026-04-07
3914 Island Estates Drsingle_family566,522$10,000,0002026-03-23
2531 NE 182nd Stsingle_family553,302$1,740,0002025-12-15
2531 NE 182single_family554,035$1,740,0002025-12-05
250 190th Stsingle_family564,378$3,900,0002025-09-29

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.

AddressTypeBedsBathsSqftAsking priceDays on market
18825 N Bay Rdsingle_family55$3,500,000
268 S Parkwaysingle_family544,019$14,800,000
4027 194th Trlsingle_family553,403$3,890,000
2950 NE 164th Stsingle_family565,796$7,450,000
3960 194th Trlsingle_family553,291$2,950,000
16414 NE 33rd Avesingle_family562,053$3,699,000
16470 NE 30th Avesingle_family585,347$14,500,000
300 Sunny Isles Blvd Ph 3condos563,722$3,500,000

10-year hold projection

IRR5.5%
Equity multiple1.88x
Total return (10yr)$2,158,851
YearProperty valueNOICash flowLoan balanceEquity
1$6,360,250$292,635-$114,714$4,886,439$1,473,811
2$6,551,058$302,380-$105,630$4,829,201$1,721,857
3$6,747,589$312,441-$96,245$4,768,032$1,979,558
4$6,950,017$322,829-$86,551$4,702,662$2,247,355
5$7,158,517$333,553-$76,537$4,632,803$2,525,715
6$7,373,273$344,626-$66,193$4,558,147$2,815,126
7$7,594,471$356,057-$55,508$4,478,364$3,116,107
8$7,822,305$367,859-$44,472$4,393,102$3,429,203
9$8,056,974$380,042-$33,073$4,301,986$3,754,989
10$8,298,684$392,620-$21,299$4,204,612$4,094,072
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.