1885 Daytonia Rd

Miami Beach, FL 33141 · single_family · For Sale · 11 days on market
Asking price$3,800,000
3 beds 2 baths 2,760 sqft
Suggested offer$1,884,582$1,915,419 above the est. market value of $1,884,582.
View on Realtor.com →
Listed by Darryl S. Fox · One Sotheby's International Realty
Typesingle_family
Built1954
Price / sqft$1377
Est. value (own analysis)$1,884,582
Rent estimate (own analysis)$6,225/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-08-22
Removed date
MLSMiamiMLS #A12075709
Coordinates25.86360, -80.14172
Address1885 Daytonia Rd
CityMiami Beach
StateFL
Zip33141
Listing ID6475209422
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)

Purchase price$3,800,000
Down payment (20.0%)$760,000
Loan amount$3,040,000
Closing costs (5.0%)$190,000
Total cash to close$950,000
Rent (comp-derived)$6,225$74,700
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$74,700
Vacancy rate (assumption) assumption8.0%

$74,700 × 8.0% = $5,976

Effective gross income$5,727$68,724
Property tax (placeholder 1.9% of price)$6,017$72,200
Insurance (est. scaled by flood & wind risk)$5,573$66,880
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$311$3,735
Total operating expenses$11,901$142,815
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$68,724
Total operating expenses derived$142,815

$68,724 − $142,815 = -$74,091

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$3,040,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$3,040,000 amortized at 6.7% over 30 years = $19,536/mo

CapEx reserve (5.0% of GSR)$311$3,735
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-$74,091
Annual debt service derived$234,430
Annual CapEx reserve assumption$3,735
Annual PMI assumption$0

(-$74,091 − $234,430 − $3,735 − $0) ÷ 12 = -$26,021

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$74,091
Purchase price data$3,800,000

-$74,091 ÷ $3,800,000 = -1.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$312,256
Total cash to close derived$950,000

-$312,256 ÷ $950,000 = -32.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$74,091
Annual debt service derived$234,430

-$74,091 ÷ $234,430 = -0.32

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$74,700
Purchase price data$3,800,000

($74,700 ÷ 12) ÷ $3,800,000 = 0.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$3,800,000
Gross scheduled rent (annual) comp$74,700

$3,800,000 ÷ $74,700 = 50.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$142,815
Effective gross income derived$68,724

$142,815 ÷ $68,724 = 207.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$142,815
Annual debt service derived$234,430
Annual PMI assumption$0
Gross scheduled rent (annual) comp$74,700

($142,815 + $234,430 + $0) ÷ $74,700 = 505.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family322,036$5,9502026-08-11
single_family331,840$6,5002026-08-11
single_family332,040$18,0002026-03-16
single_family343,623$27,0002026-08-04
single_family331,950$4,2102026-08-13
single_family322,315$3,050

7820 Carlyle Ave

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,036
Listed2026-08-11
Days on market

Asking rent: $5,950

View on Zillow →

1116 Biarritz Dr

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,840
Listed2026-08-11
Days on market

Asking rent: $6,500

View on Zillow →

1865 Daytonia Rd

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,040
Listed2026-03-16
Days on market

Asking rent: $18,000

View on Zillow →

7830 Atlantic Way

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage3,623
Listed2026-08-04
Days on market

Asking rent: $27,000

View on Zillow →

816 84th St

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,950
Listed2026-08-13
Days on market

Asking rent: $4,210

View on Zillow →

820 86th St # 1

Miami Beach, 33141 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,315
Listed
Days on market

Asking rent: $3,050

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
8055 Noremac Avesingle_family342,922$4,850,0002026-08-26
7770 Hawthorne Avesingle_family321,978$2,450,0002026-08-07
1410 Cleveland Rdsingle_family322,592$2,650,0002026-07-27
1555 71st Stsingle_family321,784$910,5002026-06-12
7532 Hispanola Avesingle_family321,834$1,250,0002026-06-11
7431 Coquina Drsingle_family331,948$1,656,0002026-06-05
1409 Biarritz Drsingle_family311,675$1,300,0002026-06-05
7950 Biscayne Point Cirsingle_family333,228$9,000,0002026-06-01
1500 Biarritz Drsingle_family332,684$1,550,0002026-05-26
1756 71st Stsingle_family321,362$930,0002026-05-21
1310 Cleveland Rdsingle_family321,656$2,350,0002026-05-19
235 N Shore Drsingle_family322,503$5,300,0002026-05-13
1855 Daytonia Rdsingle_family322,828$2,400,0002026-04-24
1201 S Biscayne Point Rdsingle_family331,505$1,450,0002026-04-10
7710 Beachview Drsingle_family321,560$1,575,0002026-04-10
7431 Center Bay Drsingle_family332,926$1,900,0002026-04-09
7560 W Treasure Drsingle_family321,591$500,0002026-04-08
1810 Daytonia Rdsingle_family335,466$7,050,0002026-04-07
1205 N Biscayne Point Rdsingle_family332,764$6,300,0002026-04-07
1721 S Treasure Drsingle_family322,036$1,090,0002026-03-25
410 S Shore Drsingle_family333,091$3,450,0002026-03-12
7553 W Treasure Drsingle_family321,547$1,515,0002026-03-10
935 S Shore Drsingle_family322,375$1,300,0002026-03-05
7557 Mutiny Avesingle_family331,836$999,0002026-03-05
1470 N Treasure Drsingle_family321,955$990,0002026-02-27
1155 N Biscayne Point Rdsingle_family332,894$6,300,0002026-02-26
1700 Bay Drsingle_family323,135$6,183,0002026-02-25
759 85th Stsingle_family32$449,3752026-02-19
702 86th Stsingle_family321,317$670,0002026-02-10
7512 Mutiny Avesingle_family321,571$900,0002026-02-03
7528 Hispanola Avesingle_family321,877$100,0002026-01-08
7513 Mutiny Avesingle_family322,068$637,3002026-01-08
7536 Cutlass Avesingle_family321,387$890,0002025-12-26
1347 71st Stsingle_family331,915$1,100,0002025-12-18
670 S Shore Drsingle_family332,066$3,600,0002025-12-18
7610 Bayside Lnsingle_family332,304$4,200,0002025-12-16
7125 Trouville Esplanadesingle_family321,800$865,0002025-12-16
1154 Biarritz Drsingle_family321,567$965,0002025-12-12
7755 Noremac Avesingle_family342,529$3,400,0002025-12-10
1545 Normandy Drsingle_family321,416$847,8002025-12-03
1370 71st Stsingle_family321,884$1,175,0002025-12-02
401 S Shore Drsingle_family322,141$1,050,0002025-11-13
235 Fairway Drsingle_family322,028$1,500,0002025-11-13
1355 71st Stsingle_family321,659$1,050,0002025-11-06
1411 Normandy Drsingle_family332,542$1,330,0002025-10-22
7520 Beachview Drsingle_family331,869$1,480,0002025-10-21
8533 Crespi Blvdsingle_family311,530$2,000,0002025-10-06
1601 S Treasure Drsingle_family321,976$965,0002025-09-24

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
7940 West Dr Unit 1503condos342,402$4,403,900
7441 Wayne Ave Apt 3Hcondos321,181$365,000
771 Fairway Drsingle_family342,146$2,575,000
1460 Marseille Drsingle_family322,005$890,000
711 85th Stsingle_family331,344$699,000
2131 Biarritz Drsingle_family321,360$995,000
6899 Collins Ave Unit 1602condos332,050$2,775,000
6620 Indian Creek Dr Apt 712condos341,841$1,565,000

10-year hold projection

IRR-11.9%
Equity multiple-1.04x
Total return (10yr)-$1,438,886
YearProperty valueNOICash flowLoan balanceEquity
1$3,914,000-$74,091-$312,256$3,007,040$906,960
2$4,031,420-$75,600-$313,858$2,971,816$1,059,604
3$4,152,363-$77,136-$315,490$2,934,173$1,218,189
4$4,276,933-$78,700-$317,152$2,893,946$1,382,988
5$4,405,241-$80,292-$318,845$2,850,955$1,554,286
6$4,537,399-$81,912-$320,568$2,805,013$1,732,386
7$4,673,521-$83,562-$322,323$2,755,916$1,917,605
8$4,813,726-$85,240-$324,110$2,703,447$2,110,279
9$4,958,138-$86,949-$325,930$2,647,376$2,310,763
10$5,106,882-$88,687-$327,782$2,587,453$2,519,429
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.