650 SW 44th Ct
Miami, FL 33134 · multi_family · For Sale · 266 days on market
Asking price$1,600,000
5 beds 4 baths 2,073 sqft
Suggested offer$819,954$780,046 above the est. market value of $819,954.
View on Realtor.com →Listed by Frank Escalona · Home Realty, Corp.
Typemulti_family
Built1953
Price / sqft$772
Est. value (own analysis)$819,954
Rent estimate (building total, own analysis)$7,885/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
1 / 13
Show every detail
Statusfor_sale
Listed date2025-12-10
Removed date—
MLSMiamiMLS #A11928657
Coordinates25.76510, -80.26809
Address650 SW 44th Ct
CityMiami
StateFL
Zip33134
Listing ID6347277368
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33134)
Typical home value (ZHVI)$887,965
Typical rent (ZORI)$3,095/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 | $1,600,000 |
| Down payment (20.0%) | $320,000 |
| Loan amount | $1,280,000 |
| Closing costs (5.0%) | $80,000 |
| Total cash to close | $400,000 |
| Income | |
| Rent (estimate) | $7,885$94,620 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,254$87,051 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,533$30,400 |
| Insurance (est. scaled by flood & wind risk) | $1,600$19,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $394$4,731 |
| Total operating expenses | $4,528$54,331 |
| 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) | $394$4,731 |
| 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.
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 | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 1414 Galiano St | multi_family | 5 | 2 | 2,824 | $1,300,000 | 2026-07-06 |
| 2909 Segovia St | multi_family | 5 | 3 | 2,612 | $1,510,000 | 2026-07-02 |
| 4000 4010 Sw 16th Ter | multi_family | 5 | 4 | 2,963 | $980,000 | 2026-01-27 |
| 5615 SW 1st St | multi_family | 5 | 2 | 1,699 | $250,000 | 2025-12-03 |
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 |
|---|---|---|---|---|---|---|
| 619 SW 39th Ave | single_family | 5 | 4 | 2,115 | $749,999 | — |
| 3969 SW 2nd St | single_family | 5 | 4 | 2,700 | $799,999 | — |
| 5152 SW 6th St | single_family | 5 | 4 | 1,765 | $1,085,000 | — |
| 1140 Asturia Ave | single_family | 5 | 5 | 3,386 | $4,200,000 | — |
| 1202 Granada Blvd | single_family | 5 | 3 | 2,855 | $2,995,000 | — |
| 730 Zamora Ave | single_family | 5 | 6 | 4,299 | $5,700,000 | — |
| 1301 Milan Ave Apt 3 | condo_townhome_rowhome_coop | 5 | 5 | 483 | $3,200,000 | — |
| 1704 S Le Jeune Rd | multi_family | 5 | 4 | 2,183 | $1,295,000 | — |
10-year hold projection
IRR-1.8%
Equity multiple0.70x
Total return (10yr)$89,981
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,648,000 | $32,720 | -$70,719 | $1,266,122 | $381,878 |
| 2 | $1,697,440 | $33,973 | -$69,584 | $1,251,291 | $446,149 |
| 3 | $1,748,363 | $35,271 | -$68,407 | $1,235,442 | $512,922 |
| 4 | $1,800,814 | $36,614 | -$67,188 | $1,218,504 | $582,310 |
| 5 | $1,854,839 | $38,005 | -$65,925 | $1,200,403 | $654,436 |
| 6 | $1,910,484 | $39,445 | -$64,615 | $1,181,059 | $729,425 |
| 7 | $1,967,798 | $40,936 | -$63,258 | $1,160,386 | $807,412 |
| 8 | $2,026,832 | $42,479 | -$61,852 | $1,138,294 | $888,538 |
| 9 | $2,087,637 | $44,076 | -$60,396 | $1,114,685 | $972,952 |
| 10 | $2,150,266 | $45,729 | -$58,886 | $1,089,455 | $1,060,811 |
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.