3730 SW 28th St
Miami, FL 33134 · townhomes · For Sale · 49 days on market
Asking price$1,399,000
3 beds 4 baths 2,010 sqft
Suggested offer$963,721$435,279 above the est. market value of $963,721.
View on Realtor.com →Listed by Joseph Azar · Douglas Elliman - 5555 Biscayne Blvd
Typetownhomes
Built2026
Price / sqft$696
Est. value (Zillow, adjusted)$963,721
Rent estimate (own analysis)$4,200/mo
HOANone
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Statusfor_sale
Listed date2026-07-15
Removed date—
MLSMiamiMLS #A12049988
Coordinates25.73889, -80.25481
Address3730 SW 28th St
CityMiami
StateFL
Zip33134
Listing ID6473377093
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 | $1,399,000 |
| Down payment (20.0%) | $279,800 |
| Loan amount | $1,119,200 |
| Closing costs (5.0%) | $69,950 |
| Total cash to close | $349,750 |
| Income | |
| Rent (comp-derived) | $4,200$50,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,864$46,368 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,215$26,581 |
| Insurance (placeholder 0.8% of price) | $933$11,192 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $210$2,520 |
| Total operating expenses | $3,358$40,293 |
| 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) | $210$2,520 |
| 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 | 4 | 2,286 | $5,250 | 2026-07-16 | — | |
| townhomes | 3 | 2 | 1,228 | $3,900 | 2026-07-07 | — | |
| townhomes | 3 | 3 | — | $4,200 | 2026-06-12 | — | |
| townhomes | 3 | 2 | 1,200 | $3,995 | 2026-08-20 | — | |
| townhomes | 3 | 3 | 1,641 | $7,950 | 2026-06-30 | — |
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 |
|---|---|---|---|---|---|---|
| 2600 Cardena St Ph 4 | townhomes | 3 | 3 | 1,852 | $1,100,000 | 2026-08-06 |
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 |
|---|---|---|---|---|---|---|
| 540 SW 39th Ave | single_family | 3 | 3 | 2,496 | $895,000 | — |
| 4353 SW 2nd St | single_family | 3 | 3 | 1,637 | $819,999 | — |
| 4630 SW 3rd St | single_family | 3 | 2 | 1,468 | $960,000 | — |
| 4840 SW 5th Ter | single_family | 3 | 2 | 1,365 | $765,000 | — |
| 4261 SW 12th St | single_family | 3 | 2 | 1,508 | $1,080,000 | — |
| 20 SW 48th Ave | single_family | 3 | 2 | 1,535 | $749,500 | — |
| 3769 SW 27th Ln Unit 3769 | townhomes | 3 | 4 | 2,284 | $1,375,000 | — |
| 2931 SW 38th Ct Unit 2 | townhomes | 3 | 3 | 1,900 | $1,374,999 | — |
10-year hold projection
IRR-5.9%
Equity multiple0.01x
Total return (10yr)-$163,419
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,440,970 | $6,075 | -$82,752 | $1,107,065 | $333,905 |
| 2 | $1,484,199 | $6,459 | -$82,432 | $1,094,097 | $390,102 |
| 3 | $1,528,725 | $6,859 | -$82,096 | $1,080,239 | $448,486 |
| 4 | $1,574,587 | $7,276 | -$81,745 | $1,065,429 | $509,158 |
| 5 | $1,621,824 | $7,712 | -$81,377 | $1,049,602 | $572,223 |
| 6 | $1,670,479 | $8,165 | -$80,993 | $1,032,688 | $637,791 |
| 7 | $1,720,594 | $8,638 | -$80,592 | $1,014,612 | $705,981 |
| 8 | $1,772,211 | $9,131 | -$80,172 | $995,296 | $776,916 |
| 9 | $1,825,378 | $9,644 | -$79,733 | $974,652 | $850,725 |
| 10 | $1,880,139 | $10,179 | -$79,275 | $952,591 | $927,548 |
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.