757 85th St
Miami Beach, FL 33141 · townhomes · Pending — under contract · 61 days on market
Asking price$629,900
3 beds 2 baths 1,080 sqft
Suggested offer$429,204$200,697 above the est. market value of $429,204.
View on Realtor.com →Listed by Ana Saya · Direct Realty Solutions
Typetownhomes
Built1948
Price / sqft$583
Est. value (Zillow ZIP avg)$429,204
Rent estimate (own analysis)$7,223/mo
HOANone
1 / 42
Show every detail
Statusfor_sale
Listed date2026-07-03
Removed date—
MLSMiamiMLS #A12047892
Coordinates25.86996, -80.12751
Address757 85th St
CityMiami Beach
StateFL
Zip33141
Listing ID6372339369
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33141)
Typical home value (ZHVI)$429,204
Typical rent (ZORI)$2,504/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 | $629,900 |
| Down payment (20.0%) | $125,980 |
| Loan amount | $503,920 |
| Closing costs (5.0%) | $31,495 |
| Total cash to close | $157,475 |
| Income | |
| Rent (comp-derived) | $7,223$86,670 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,645$79,736 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $997$11,968 |
| Insurance (placeholder 0.8% of price) | $420$5,039 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $361$4,334 |
| Total operating expenses | $1,778$21,341 |
| 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) | $361$4,334 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 3 | 1,632 | $4,900 | 2026-07-20 | — | |
| townhomes | 3 | 3 | 1,632 | $4,750 | 2026-06-29 | — | |
| townhomes | 3 | 3 | 1,600 | $6,495 | 2026-07-13 | — | |
| townhomes | 3 | 4 | 2,250 | $7,950 | 2026-07-13 | — | |
| townhomes | 3 | 4 | 26,336 | $8,000 | 2026-07-20 | — | |
| townhomes | 3 | 4 | 2,454 | $9,800 | 2026-06-22 | — | |
| townhomes | 3 | 4 | 2,934 | $9,700 | 2026-05-27 | — | |
| townhomes | 3 | 3 | 1,632 | $4,000 | — | — |
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.
No recent recorded sales cached yet for this ZIP.
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 |
|---|---|---|---|---|---|---|
| 7940 West Dr Unit 1503 | condos | 3 | 4 | 2,402 | $4,403,900 | — |
| 7441 Wayne Ave Apt 3H | condos | 3 | 2 | 1,181 | $365,000 | — |
| 1885 Daytonia Rd | single_family | 3 | 2 | 2,760 | $3,800,000 | — |
| 771 Fairway Dr | single_family | 3 | 4 | 2,146 | $2,575,000 | — |
| 1460 Marseille Dr | single_family | 3 | 2 | 2,005 | $890,000 | — |
| 711 85th St | single_family | 3 | 3 | 1,344 | $699,000 | — |
| 2131 Biarritz Dr | single_family | 3 | 2 | 1,360 | $995,000 | — |
| 6899 Collins Ave Unit 1602 | condos | 3 | 3 | 2,050 | $2,775,000 | — |
10-year hold projection
IRR18.8%
Equity multiple3.84x
Total return (10yr)$529,499
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $648,797 | $58,396 | $15,202 | $498,456 | $150,341 |
| 2 | $668,261 | $60,254 | $16,952 | $492,617 | $175,643 |
| 3 | $688,309 | $62,171 | $18,758 | $486,378 | $201,931 |
| 4 | $708,958 | $64,148 | $20,622 | $479,709 | $229,249 |
| 5 | $730,227 | $66,188 | $22,544 | $472,583 | $257,644 |
| 6 | $752,134 | $68,291 | $24,528 | $464,968 | $287,166 |
| 7 | $774,698 | $70,461 | $26,575 | $456,829 | $317,869 |
| 8 | $797,938 | $72,698 | $28,687 | $448,132 | $349,807 |
| 9 | $821,877 | $75,006 | $30,866 | $438,837 | $383,040 |
| 10 | $846,533 | $77,386 | $33,114 | $428,904 | $417,629 |
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.