1000 Quayside Ter Apt 1807
Miami, FL 33138 · condos · For Sale · 43 days on market
Asking price$215,000
1 beds 2 baths 1,535 sqft
Listed by Richard Deeb · South Florida Realty Llc
Typecondos
Built1981
Price / sqft$140
Est. value (own analysis)$444,275
Rent estimate (own analysis)$2,363/mo
HOA$2,046/mo
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Statusfor_sale
Listed date2026-07-21
Removed date—
MLSMiamiMLS #A12057179
Coordinates25.87377, -80.16835
Address1000 Quayside Ter Apt 1807
CityMiami
StateFL
Zip33138
Listing ID6364575094
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33138)
Typical home value (ZHVI)$806,988
Typical rent (ZORI)$2,367/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 | $215,000 |
| Down payment (20.0%) | $43,000 |
| Loan amount | $172,000 |
| Closing costs (5.0%) | $10,750 |
| Total cash to close | $53,750 |
| Income | |
| Rent (comp-derived) | $2,363$28,350 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,174$26,082 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $340$4,085 |
| Insurance (placeholder 0.8% of price) | $143$1,720 |
| HOA dues | $2,046$24,552 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $118$1,418 |
| Total operating expenses | $2,648$31,775 |
| 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) | $118$1,418 |
| 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.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| apartment | 1 | 1 | 1,224 | $1,500 | 2026-08-19 | — | |
| condos | 1 | 2 | 1,042 | $3,200 | 2026-08-11 | — | |
| apartment | 1 | 1 | 1,080 | $1,400 | 2026-08-11 | — | |
| apartment | 1 | 1 | 1,000 | $1,600 | 2026-08-05 | — | |
| apartment | 1 | 1 | 1,952 | $1,495 | 2026-07-16 | — | |
| apartment | 1 | 2 | 1,068 | $2,975 | 2026-06-23 | — | |
| condos | 1 | 2 | 1,200 | $3,900 | 2026-05-22 | — | |
| condos | 1 | 2 | 1,164 | $3,500 | 2026-07-29 | — | |
| apartment | 1 | 1 | 1,248 | $1,750 | 2026-04-16 | — | |
| condos | 1 | 2 | 1,200 | $3,750 | 2026-09-02 | — |
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 |
|---|---|---|---|---|---|---|
| 1000 Quayside Ter Apt 1608 | condos | 1 | 2 | 1,200 | $250,000 | 2026-08-24 |
| 770 NE 69th St Apt 6D | condos | 1 | 2 | 1,042 | $380,000 | 2026-08-21 |
| 1700 NE 105th St Apt 505 | condos | 1 | 2 | 891 | $230,000 | 2026-08-13 |
| 770 NE 69th St Apt 6G | condos | 1 | 2 | 1,042 | $399,000 | 2026-06-30 |
| 2000 Towerside Ter Apt 608 | condos | 1 | 2 | 1,200 | $200,000 | 2026-06-12 |
| 7801 NE 4th Ct Apt 511 | condos | 1 | 2 | 746 | $160,000 | 2026-06-09 |
| 8950 NE 8th Ave Apt 312 | condos | 1 | 1 | 650 | $170,500 | 2026-05-15 |
| 7801 NE 4th Ct Apt 312 | condos | 1 | 1 | 746 | $130,000 | 2026-04-13 |
| 680 NE 64th St Apt A505 | condos | 1 | 1 | 741 | $265,000 | 2026-03-30 |
| 780 NE 69th St Apt 1706 | condos | 1 | 2 | 828 | $320,000 | 2026-02-27 |
| 780 NE 69th St Unit T1 | condos | 1 | 2 | 1,198 | $400,000 | 2026-02-18 |
| 421 NE 68th St Apt 6 | condos | 1 | 1 | 605 | $160,000 | 2025-12-15 |
| 421 Grand Concourse Apt 1 | condos | 1 | 1 | 827 | $260,000 | 2025-12-12 |
| 700 NE 63rd St Apt D607 | condos | 1 | 1 | 770 | $315,000 | 2025-12-11 |
| 650 NE 64th St Apt G304 | condos | 1 | 1 | 775 | $272,000 | 2025-10-20 |
| 680 NE 64th St Apt A316 | condos | 1 | 1 | 723 | $260,000 | 2025-09-22 |
| 7801 NE 4th Ct Apt 109 | condos | 1 | 2 | 746 | $195,000 | 2025-09-16 |
| 9652573603 | condos | 1 | 2 | 746 | $195,000 | 2025-09-16 |
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 |
|---|---|---|---|---|---|---|
| 777 NE 62nd St Apt C306 | condos | 1 | 1 | 723 | $290,000 | — |
| 780 NE 69th St Apt 506 | condos | 1 | 2 | 828 | $350,000 | — |
| 7516 NE 1st Ave Apt 302 | condos | 1 | 1 | 720 | $199,500 | — |
| 780 NE 69th St Apt 1406 | condos | 1 | 2 | 828 | $389,000 | — |
| 7845 NE Bayshore Ct Unit 12A | condos | 1 | 1 | 649 | $259,000 | — |
| 7845 NE Bayshore Ct Apt 12 | condos | 1 | 1 | 653 | $219,000 | — |
| 750 NE 64th St Apt B207 | condos | 1 | 1 | 723 | $335,000 | — |
| 860 NE 78th St Apt 303 | condos | 1 | 2 | 651 | $249,999 | — |
10-year hold projection
IRR-14.2%
Equity multiple-1.49x
Total return (10yr)-$105,953
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $221,450 | -$5,693 | -$20,374 | $170,135 | $51,315 |
| 2 | $228,094 | -$5,704 | -$20,421 | $168,142 | $59,951 |
| 3 | $234,936 | -$5,713 | -$20,466 | $166,012 | $68,924 |
| 4 | $241,984 | -$5,717 | -$20,507 | $163,736 | $78,248 |
| 5 | $249,244 | -$5,718 | -$20,546 | $161,304 | $87,940 |
| 6 | $256,721 | -$5,714 | -$20,581 | $158,705 | $98,017 |
| 7 | $264,423 | -$5,705 | -$20,613 | $155,927 | $108,496 |
| 8 | $272,356 | -$5,692 | -$20,641 | $152,958 | $119,398 |
| 9 | $280,526 | -$5,674 | -$20,665 | $149,786 | $130,741 |
| 10 | $288,942 | -$5,651 | -$20,685 | $146,395 | $142,547 |
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.