4251 SW 11th St

Miami, FL 33134 · single_family · For Sale · 75 days on market
Asking price$2,990,000
4 beds 4 baths 3,736 sqft
View on Realtor.com →
Listed by Graveran Oniel · NuStar Realty, Inc.
Typesingle_family
Built2017
Price / sqft$800
Est. value (own analysis)$3,296,471
Rent estimate (own analysis)$14,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-06-20
Removed date
MLSMiamiMLS #A12034727
Coordinates25.76159, -80.26422
Address4251 SW 11th St
CityMiami
StateFL
Zip33134
Listing ID6432834498
Sourceus-real-estate-listings, cached 2026-08-27

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)

Purchase price$2,990,000
Down payment (20.0%)$598,000
Loan amount$2,392,000
Closing costs (5.0%)$149,500
Total cash to close$747,500
Rent (comp-derived)$14,500$174,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$174,000
Vacancy rate (assumption) assumption8.0%

$174,000 × 8.0% = $13,920

Effective gross income$13,340$160,080
Property tax (placeholder 1.9% of price)$4,734$56,810
Insurance (est. scaled by flood & wind risk)$2,990$35,880
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$725$8,700
Total operating expenses$8,449$101,390
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$160,080
Total operating expenses derived$101,390

$160,080 − $101,390 = $58,690

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$2,392,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,392,000 amortized at 6.7% over 30 years = $15,372/mo

CapEx reserve (5.0% of GSR)$725$8,700
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$58,690
Annual debt service derived$184,460
Annual CapEx reserve assumption$8,700
Annual PMI assumption$0

($58,690 − $184,460 − $8,700 − $0) ÷ 12 = -$11,206

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$58,690
Purchase price data$2,990,000

$58,690 ÷ $2,990,000 = 2.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$134,470
Total cash to close derived$747,500

-$134,470 ÷ $747,500 = -18.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$58,690
Annual debt service derived$184,460

$58,690 ÷ $184,460 = 0.32

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$174,000
Purchase price data$2,990,000

($174,000 ÷ 12) ÷ $2,990,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,990,000
Gross scheduled rent (annual) comp$174,000

$2,990,000 ÷ $174,000 = 17.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$101,390
Effective gross income derived$160,080

$101,390 ÷ $160,080 = 63.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$101,390
Annual debt service derived$184,460
Annual PMI assumption$0
Gross scheduled rent (annual) comp$174,000

($101,390 + $184,460 + $0) ÷ $174,000 = 164.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family433,179$14,5002026-08-05
single_family453,702$15,0002026-08-18
single_family453,185$10,0002026-07-28
single_family453,501$20,0002026-03-25
single_family432,655$8,8502026-07-01
single_family443,111$8,5002026-08-03
single_family442,700$16,7002026-03-23

709 Aledo Ave Unit 0

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage3,179
Listed2026-08-05
Days on market

Asking rent: $14,500

View on Zillow →

519 Alhambra Cir

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage3,702
Listed2026-08-18
Days on market

Asking rent: $15,000

View on Zillow →

511 Madeira Ave

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage3,185
Listed2026-07-28
Days on market

Asking rent: $10,000

View on Zillow →

3425 Alhambra Cir

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage3,501
Listed2026-03-25
Days on market

Asking rent: $20,000

View on Zillow →

1211 Algeria Ave

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,655
Listed2026-07-01
Days on market

Asking rent: $8,850

View on Zillow →

2514 E Granada Blvd

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,111
Listed2026-08-03
Days on market

Asking rent: $8,500

View on Zillow →

1226 San Miguel Ave Unit 1226

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,700
Listed2026-03-23
Days on market

Asking rent: $16,700

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
555 Catalonia Avesingle_family43$2,800,0002026-08-21
4361 SW 3rd Stsingle_family422,052$699,0002026-08-11
3920 Durango Stsingle_family421,794$1,300,0002026-08-10
61 SW 55th Avesingle_family411,729$530,0002026-08-06
2508 Anderson Rdsingle_family422,316$2,500,0002026-07-30
611 N Greenway Drsingle_family443,839$5,000,0002026-07-27
5175 SW 5th Tersingle_family411,562$740,0002026-07-24
14 San Sebastian Avesingle_family432,411$2,150,0002026-07-23
4027 SW 11th Stsingle_family431,748$700,0002026-07-13
722 Navarre Avesingle_family432,944$3,600,0002026-07-13
748 Palermo Avesingle_family442,782$2,876,0002026-07-08
311 Navarre Avesingle_family432,172$1,050,0002026-06-26
918 Santiago Stsingle_family442,801$2,980,0002026-06-25
1900 Pizarro Stsingle_family432,787$2,395,0002026-06-23
1450 Ortega Avesingle_family442,829$1,850,0002026-06-18
2010 N Greenway Drsingle_family443,108$3,550,0002026-06-11
737 Majorca Avesingle_family442,209$1,930,0002026-06-11
927 Catalonia Avesingle_family431,737$1,350,0002026-06-10
2415 Indian Mound Trlsingle_family432,363$1,715,0002026-06-04
528 Alcazar Avesingle_family421,700$1,500,0002026-06-03
1415 Sorolla Avesingle_family432,346$3,025,0002026-06-02
1411 Columbus Blvdsingle_family411,700$1,400,0002026-05-29
1415 Madrid Stsingle_family443,491$3,200,0002026-05-27
1429 Sorolla Avesingle_family432,823$1,580,0002026-05-26
1207 Columbus Blvdsingle_family442,114$2,450,0002026-05-22
1901 Country Club Pradosingle_family443,076$3,300,0002026-05-21
2115 Country Club Pradosingle_family453,709$3,510,0002026-05-18
911 Mariana Avesingle_family432,273$1,875,0002026-05-06
1240 Ferdinand Stsingle_family442,907$2,000,0002026-04-30
3905 SW 5th Stsingle_family45$1,800,0002026-04-29
1211 Castile Avesingle_family422,162$2,400,0002026-04-28
1226 Palermo Avesingle_family422,674$2,750,0002026-04-23
1117 Alberca Stsingle_family432,796$1,950,0002026-04-01
4739 SW 5th Stsingle_family422,084$767,0002026-03-13
749 Anastasia Avesingle_family432,429$2,900,0002026-03-10
322 Sarto Avesingle_family443,294$3,874,0002026-03-10
2607 N Greenway Drsingle_family443,105$2,700,0002026-02-27
1302 Alhambra Cirsingle_family442,438$2,550,0002026-02-26
832 Wallace Stsingle_family442,457$1,305,0002026-02-19
3903 Granada Blvdsingle_family432,336$3,175,0002026-02-18
330 SW 52nd Avesingle_family431,722$625,0002026-02-12
1341 Sorolla Avesingle_family422,388$2,650,0002026-02-03
4685 SW 13th Tersingle_family421,914$1,500,0002026-01-27
447 Giralda Avesingle_family431,869$2,000,0002026-01-22
1019 Venetia Avesingle_family432,465$2,295,0002026-01-21

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
4701 SW 7th Stsingle_family431,830$750,000
4870 SW 6th Stsingle_family431,682$700,000
3788 SW 27th Lnmulti_family421,980$1,250,000
5330 SW 7th Stsingle_family432,424$2,500,000
2893-2895 SW 37th Ctmulti_family431,935$915,000
4450 W Flagler Stmulti_family442,103$1,000,000
2841 SW 38th Ct Unit Btownhomes442,671$1,950,000
3750 SW 27th Stmulti_family421,690$1,174,999

10-year hold projection

IRR-2.0%
Equity multiple0.67x
Total return (10yr)$141,554
YearProperty valueNOICash flowLoan balanceEquity
1$3,079,700$58,690-$134,470$2,366,065$713,635
2$3,172,091$60,958-$132,420$2,338,350$833,741
3$3,267,254$63,306-$130,294$2,308,731$958,523
4$3,365,271$65,738-$128,091$2,277,078$1,088,193
5$3,466,229$68,256-$125,807$2,243,252$1,222,978
6$3,570,216$70,863-$123,440$2,207,102$1,363,114
7$3,677,323$73,563-$120,986$2,168,471$1,508,852
8$3,787,643$76,357-$118,444$2,127,186$1,660,457
9$3,901,272$79,251-$115,809$2,083,066$1,818,206
10$4,018,310$82,246-$113,079$2,035,917$1,982,393
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.