1171 NE 182nd St

North Miami Beach, FL 33162 · single_family · For Sale · 127 days on market
Asking price$545,000
4 beds 2 baths 1,254 sqft
Suggested offer$427,213$117,787 above the est. market value of $427,213.
View on Realtor.com →
Listed by David Stocker Jr. · Vanguard Group Realty Llc
Typesingle_family
Built1956
Price / sqft$435
Est. value (own analysis)$427,213
Rent estimate (own analysis)$3,800/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-04-28
Removed date
MLSMiamiMLS #A12009436
Coordinates25.94306, -80.17742
Address1171 NE 182nd St
CityNorth Miami Beach
StateFL
Zip33162
Listing ID6520217754
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33162)

Typical home value (ZHVI)$472,330
Typical rent (ZORI)$2,262/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$545,000
Down payment (20.0%)$109,000
Loan amount$436,000
Closing costs (5.0%)$27,250
Total cash to close$136,250
Rent (comp-derived)$3,800$45,600
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$45,600
Vacancy rate (assumption) assumption8.0%

$45,600 × 8.0% = $3,648

Effective gross income$3,496$41,952
Property tax (placeholder 1.9% of price)$863$10,355
Insurance (placeholder 0.8% of price)$363$4,360
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$190$2,280
Total operating expenses$1,416$16,995
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$41,952
Total operating expenses derived$16,995

$41,952 − $16,995 = $24,957

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$436,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$436,000 amortized at 6.7% over 30 years = $2,802/mo

CapEx reserve (5.0% of GSR)$190$2,280
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$24,957
Annual debt service derived$33,622
Annual CapEx reserve assumption$2,280
Annual PMI assumption$0

($24,957 − $33,622 − $2,280 − $0) ÷ 12 = -$912

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$24,957
Purchase price data$545,000

$24,957 ÷ $545,000 = 4.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$10,945
Total cash to close derived$136,250

-$10,945 ÷ $136,250 = -8.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$24,957
Annual debt service derived$33,622

$24,957 ÷ $33,622 = 0.74

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$45,600
Purchase price data$545,000

($45,600 ÷ 12) ÷ $545,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$545,000
Gross scheduled rent (annual) comp$45,600

$545,000 ÷ $45,600 = 12.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,995
Effective gross income derived$41,952

$16,995 ÷ $41,952 = 40.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$16,995
Annual debt service derived$33,622
Annual PMI assumption$0
Gross scheduled rent (annual) comp$45,600

($16,995 + $33,622 + $0) ÷ $45,600 = 111.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family431,320$5,8002026-07-17
single_family431,580$4,5002026-08-03
single_family421,276$3,1952026-08-05
single_family421,250$3,5002026-08-06
single_family421,580$3,8002026-06-12
single_family421,238$4,5002026-03-19
single_family421,620$3,4952026-09-01

413 NE 162nd St

Miami, 33162 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,320
Listed2026-07-17
Days on market

Asking rent: $5,800

View on Zillow →

17355 NE 7th Ave

Miami, 33162 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,580
Listed2026-08-03
Days on market

Asking rent: $4,500

View on Zillow →

1379 NE 178th St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,276
Listed2026-08-05
Days on market

Asking rent: $3,195

View on Zillow →

1929 NE 176th St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,250
Listed2026-08-06
Days on market

Asking rent: $3,500

View on Zillow →

1435 NE 173rd St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,580
Listed2026-06-12
Days on market

Asking rent: $3,800

View on Zillow →

1601 NE 182nd St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,238
Listed2026-03-19
Days on market

Asking rent: $4,500

View on Zillow →

1311 NE 157th St

North Miami Beach, 33162 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,620
Listed2026-09-01
Days on market

Asking rent: $3,495

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
310 NE 162nd Stsingle_family431,536$525,0002026-08-14
1560 NE 154th Stsingle_family42900$475,0002026-07-24
175 NE 159th Stsingle_family421,749$670,0002026-07-15
865 NE 177th Stsingle_family421,545$715,0002026-07-06
1380 NE 153rd Stsingle_family421,691$360,0002026-06-30
565 NE 160th Tersingle_family431,629$605,0002026-06-23
981 NE 152nd Stsingle_family421,452$610,0002026-06-04
16895 NE 4th Plsingle_family421,736$588,6492026-05-22
740 NE 181st Stsingle_family421,520$750,0002026-05-19
1545 NE 158th Stsingle_family422,084$575,0002026-05-19
16050 NE 8th Ctsingle_family432,481$650,0002026-05-08
1880 NE 154th Tersingle_family411,125$382,0002026-04-29
1264 NE 156th Stsingle_family431,442$450,0002026-04-24
795 NE 165th Stsingle_family422,448$675,0002026-04-24
1121 NE 154th Tersingle_family421,567$495,0002026-03-17
240 NE 156th Stsingle_family44$1,950,0002026-03-13
725 NE 173rd Tersingle_family432,381$1,358,0002026-02-24
1100 NE 151st Tersingle_family421,662$500,0002026-02-20
745 NE 155th Tersingle_family433,016$620,0002026-02-18
17415 NE 12th Avesingle_family421,520$900,0002026-01-06
255 NE 164th Stsingle_family421,806$605,0002025-12-29
736 NE 164th Stsingle_family431,683$545,0002025-12-22
361 NE 160th Tersingle_family421,268$520,0002025-12-19
440 NE 174th Stsingle_family421,385$575,0002025-12-10
1052 NE 179th Tersingle_family422,412$1,200,0002025-12-05
370 NE 159th Stsingle_family432,011$770,0002025-12-03
450 NE 175th Stsingle_family42996$470,0002025-11-21
1782 NE 175th Stsingle_family431,945$660,0002025-11-18
1061 NE 162nd Stsingle_family432,516$175,0002025-11-17

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
2 NE 160th Stsingle_family422,367$1,100,000
230 NE 164th Tersingle_family43$699,999
660 NE 181st Stsingle_family431,959$750,990
172 NE 151st Stsingle_family44$1,050,000
170 NE 151st Stsingle_family44$1,050,000
565 NE 160th Stsingle_family421,567$495,000
560 NE 161st Stsingle_family421,523$599,999
single_family433,056$1,200,000

10-year hold projection

IRR5.1%
Equity multiple1.81x
Total return (10yr)$181,104
YearProperty valueNOICash flowLoan balanceEquity
1$561,350$24,957-$10,945$431,273$130,077
2$578,191$25,791-$10,169$426,221$151,969
3$595,536$26,652-$9,366$420,822$174,714
4$613,402$27,540-$8,537$415,053$198,349
5$631,804$28,458-$7,681$408,887$222,917
6$650,759$29,406-$6,796$402,298$248,460
7$670,281$30,384-$5,882$395,257$275,024
8$690,390$31,394-$4,938$387,732$302,658
9$711,101$32,437-$3,963$379,690$331,411
10$732,434$33,513-$2,956$371,096$361,339
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.