8121 SW 82nd Ct

Miami, FL 33143 · townhomes · For Sale · 34 days on market
Asking price$645,000
3 beds 3 baths 1,470 sqft
View on Realtor.com →
Listed by Tomas Hoffmann · EXP Realty, LLC
Typetownhomes
Built1972
Price / sqft$439
Est. value (own analysis)$734,136
Rent estimate (own analysis)$5,825/mo
HOA$235/mo
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Neighborhood

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Statusfor_sale
Listed date2026-07-30
Removed date
MLSMiamiMLS #A12060016
Coordinates25.69440, -80.32649
Address8121 SW 82nd Ct
CityMiami
StateFL
Zip33143
Listing ID6325446343
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33143)

Typical home value (ZHVI)$957,553
Typical rent (ZORI)$2,761/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$645,000
Down payment (20.0%)$129,000
Loan amount$516,000
Closing costs (5.0%)$32,250
Total cash to close$161,250
Rent (comp-derived)$5,825$69,900
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$69,900
Vacancy rate (assumption) assumption8.0%

$69,900 × 8.0% = $5,592

Effective gross income$5,359$64,308
Property tax (placeholder 1.9% of price)$1,021$12,255
Insurance (placeholder 0.8% of price)$430$5,160
HOA dues$235$2,820
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$291$3,495
Total operating expenses$1,978$23,730
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$64,308
Total operating expenses derived$23,730

$64,308 − $23,730 = $40,578

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$516,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$516,000 amortized at 6.7% over 30 years = $3,316/mo

CapEx reserve (5.0% of GSR)$291$3,495
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$40,578
Annual debt service derived$39,791
Annual CapEx reserve assumption$3,495
Annual PMI assumption$0

($40,578 − $39,791 − $3,495 − $0) ÷ 12 = -$226

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$40,578
Purchase price data$645,000

$40,578 ÷ $645,000 = 6.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$2,708
Total cash to close derived$161,250

-$2,708 ÷ $161,250 = -1.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$40,578
Annual debt service derived$39,791

$40,578 ÷ $39,791 = 1.02

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$69,900
Purchase price data$645,000

($69,900 ÷ 12) ÷ $645,000 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$645,000
Gross scheduled rent (annual) comp$69,900

$645,000 ÷ $69,900 = 9.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,730
Effective gross income derived$64,308

$23,730 ÷ $64,308 = 36.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$23,730
Annual debt service derived$39,791
Annual PMI assumption$0
Gross scheduled rent (annual) comp$69,900

($23,730 + $39,791 + $0) ÷ $69,900 = 90.9%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes321,754$3,3002026-09-01
townhomes342,509$6,4502026-08-04
townhomes331,700$5,2002026-08-19
townhomes343,104$18,0002026-08-25

SW 71st St Unit 16320

South Miami, 33143 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,754
Listed2026-09-01
Days on market

Asking rent: $3,300

View on Zillow →

6860 SW 80th St Unit 6860

Miami, 33143 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,509
Listed2026-08-04
Days on market

Asking rent: $6,450

View on Zillow →

7508 SW 58th Ave Unit 7508

South Miami, 33143 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,700
Listed2026-08-19
Days on market

Asking rent: $5,200

View on Zillow →

7541 SW 56th Ct Unit 7541

Miami, 33143 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage3,104
Listed2026-08-25
Days on market

Asking rent: $18,000

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
5772 SW 74 TERTOTAL VALUE : TOWNHOUSE321,702$847,0002024-05-16
5784 SW 74 TERTOTAL VALUE : TOWNHOUSE321,702$985,0002023-09-08
5770 SW 74 TERTOTAL VALUE : TOWNHOUSE321,702$850,0002023-07-27

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
5775 SW 57th Tersingle_family321,841$1,350,000
7050 SW 82nd Ctsingle_family321,312$1,400,000
7240 Sunset Drsingle_family331,591$2,675,000
8530 SW 81st Lnsingle_family322,154$1,150,000
7483 SW 82nd St Apt A102condos321,140$385,000
8054 SW 86th Tertownhomes332,019$875,000
6325 SW 84th Stsingle_family321,886$1,775,000
5600 SW 74th Ctsingle_family322,038$1,100,000

10-year hold projection

IRR9.9%
Equity multiple2.54x
Total return (10yr)$332,932
YearProperty valueNOICash flowLoan balanceEquity
1$664,350$40,578-$2,708$510,405$153,945
2$684,281$41,914-$1,460$504,427$179,854
3$704,809$43,293-$170$498,037$206,771
4$725,953$44,716$1,161$491,209$234,744
5$747,732$46,186$2,537$483,913$263,819
6$770,164$47,702$3,957$476,114$294,049
7$793,269$49,268$5,423$467,781$325,488
8$817,067$50,883$6,937$458,875$358,192
9$841,579$52,551$8,501$449,358$392,221
10$866,826$54,272$10,116$439,187$427,639
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.