331 SW 124th Ave
Miami, FL 33184 · single_family · For Sale · 36 days on market
Asking price$3,299,000
6 beds 6 baths 4,014 sqft
Suggested offer$1,548,320$1,750,680 above the est. market value of $1,548,320.
View on Realtor.com →Listed by Andres F Sanchez · Avenew Realty Corp
Typesingle_family
Built2016
Price / sqft$822
Est. value (own analysis)$1,548,320
Rent estimate (own analysis)$10,450/mo
HOANone
1 / 101
Show every detail
Statusfor_sale
Listed date2026-07-28
Removed date—
MLSMiamiMLS #A12060995
Coordinates25.76464, -80.39633
Address331 SW 124th Ave
CityMiami
StateFL
Zip33184
Listing ID6527725878
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33184)
Typical home value (ZHVI)$569,847
Typical rent (ZORI)$3,033/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 | $3,299,000 |
| Down payment (20.0%) | $659,800 |
| Loan amount | $2,639,200 |
| Closing costs (5.0%) | $164,950 |
| Total cash to close | $824,750 |
| Income | |
| Rent (comp-derived) | $10,450$125,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $9,614$115,368 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $5,223$62,681 |
| Insurance (placeholder 0.8% of price) | $2,199$26,392 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $523$6,270 |
| Total operating expenses | $7,945$95,343 |
| 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) | $523$6,270 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 6 | 4 | 2,763 | $6,500 | 2026-08-18 | — | |
| single_family | 6 | 4 | 3,218 | $7,900 | 2026-07-24 | — | |
| single_family | 6 | 5 | 3,390 | $13,000 | 2026-06-25 | — | |
| single_family | 6 | 6 | 5,322 | $28,000 | 2026-06-17 | — | |
| single_family | 6 | 6 | 4,806 | $22,000 | 2026-06-17 | — | |
| single_family | 6 | 6 | 4,181 | $18,000 | 2026-08-03 | — | |
| single_family | 6 | 4 | 3,078 | $3,500 | 2026-08-28 | — | |
| single_family | 6 | 3 | 2,716 | $2,000 | 2026-08-26 | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 14442 SW 14th St | single_family | 4 | 5 | 3,900 | $1,025,000 | 2026-08-31 |
| 13216 SW 10th Ter | single_family | 4 | 3 | 2,037 | $620,000 | 2026-08-28 |
| 1330 SW 126th Pl | single_family | 4 | 3 | 2,104 | $760,000 | 2026-08-21 |
| 910 SW 140th Ave | single_family | 4 | 2 | 1,934 | $711,000 | 2026-08-21 |
| 13741 SW 11th St | single_family | 4 | 2 | 1,630 | $635,000 | 2026-08-19 |
| 1204 SW 136th Pl | single_family | 4 | 2 | 1,796 | $720,000 | 2026-08-07 |
| 50 SW 130th Ave | single_family | 5 | 2 | 3,304 | $1,900,000 | 2026-08-07 |
| 1095 SW 135th Pl | single_family | 4 | 3 | 2,304 | $535,000 | 2026-08-05 |
| 1265 SW 142nd Ave | single_family | 3 | 2 | 1,568 | $700,000 | 2026-07-17 |
| 13220 SW 5th St | single_family | 4 | 2 | 2,305 | $765,000 | 2026-07-15 |
| 13941 SW 13th St | single_family | 3 | 2 | 1,492 | $615,000 | 2026-07-13 |
| 14216 SW 11th Ter | single_family | 3 | 2 | 1,425 | $600,000 | 2026-07-13 |
| 13060 SW 2nd St | single_family | 3 | 2 | 3,041 | $1,450,000 | 2026-07-13 |
| 13736 SW 12th St | single_family | 4 | 3 | 2,016 | $680,000 | 2026-07-06 |
| 11821 Tuttle Blvd | single_family | 4 | 2 | 1,881 | $450,000 | 2026-07-06 |
| 1181 SW 141st Ave | single_family | 3 | 2 | 1,507 | $610,000 | 2026-06-30 |
| 1222 SW 144th Ct | single_family | 3 | 2 | 2,236 | $738,000 | 2026-06-25 |
| 13246 SW 9th Ter | single_family | 3 | 2 | 1,964 | $650,000 | 2026-06-25 |
| 1220 SW 126th Pl | single_family | 4 | 2 | 2,174 | $810,000 | 2026-06-11 |
| 231 SW 136th Ave | single_family | 3 | 2 | 2,189 | $780,000 | 2026-06-10 |
| 13811 SW 14th St | single_family | 4 | 2 | 1,668 | $650,000 | 2026-05-26 |
| 1271 SW 138th Ct | single_family | 3 | 2 | 1,453 | $575,000 | 2026-05-20 |
| 1232 SW 132nd Ct | single_family | 4 | 3 | 2,936 | $880,000 | 2026-05-08 |
| 1002 SW 142nd Ct | single_family | 3 | 2 | 1,618 | $620,000 | 2026-05-01 |
| 13844 SW 15th St | single_family | 4 | 2 | 1,478 | $655,000 | 2026-04-30 |
| 1599 SW 141st Ave | single_family | 3 | 3 | 1,956 | $885,000 | 2026-04-29 |
| 13935 SW 10th St | single_family | 4 | 2 | 1,673 | $710,000 | 2026-04-28 |
| 13871 SW 14th St | single_family | 3 | 2 | 2,113 | $500,000 | 2026-04-22 |
| 1142 SW 138th Ct | single_family | 3 | 2 | 1,332 | $610,000 | 2026-04-15 |
| 1311 SW 139th Ct | single_family | 3 | 2 | 2,058 | $899,000 | 2026-04-14 |
| 13228 SW 10th Ln | single_family | 3 | 2 | 2,331 | $730,000 | 2026-04-01 |
| 13966 SW 13th St | single_family | 4 | 3 | 2,215 | $860,000 | 2026-03-31 |
| 530 SW 136th Pl | single_family | 4 | 4 | 3,042 | $850,000 | 2026-03-31 |
| 1300 SW 136th Pl | single_family | 4 | 3 | 1,796 | $720,000 | 2026-03-30 |
| 951 SW 124th Ct | single_family | 3 | 2 | 1,562 | $570,000 | 2026-03-30 |
| 1401 SW 145th Ave | single_family | 4 | 3 | 2,517 | $890,000 | 2026-03-30 |
| 883 SW 142nd Pl | single_family | 3 | 3 | 1,608 | $665,000 | 2026-03-24 |
| 1012 SW 143rd Ct | single_family | 3 | 2 | 1,574 | $560,000 | 2026-03-20 |
| 1136 SW 139th Pl | single_family | 3 | 2 | 1,507 | $610,000 | 2026-02-25 |
| 1245 SW 141st Ave | single_family | 3 | 2 | 1,442 | $650,000 | 2026-02-19 |
| 1022 SW 138th Pl | single_family | 3 | 2 | 1,326 | $590,000 | 2026-02-17 |
| 14439 SW 15th St | single_family | 4 | 3 | 2,420 | $865,000 | 2026-02-11 |
| 14310 SW 9th Ter | single_family | 3 | 2 | 1,688 | $606,000 | 2026-02-06 |
| 165 SW 130th Ave | single_family | 4 | 3 | 3,175 | $1,850,000 | 2026-02-03 |
| 14040 SW 14th St | single_family | 5 | 4 | 3,263 | $1,451,000 | 2026-01-27 |
| 12276 SW 10th St | single_family | 3 | 3 | 1,796 | $525,000 | 2026-01-27 |
| 30 SW 136th Ave | single_family | 4 | 2 | 2,558 | $900,000 | 2026-01-02 |
| 1112 SW 138th Pl | single_family | 3 | 2 | 1,447 | $635,000 | 2025-12-24 |
| 419 SW 136th Pl | single_family | 4 | 3 | 2,018 | $755,000 | 2025-12-19 |
| 13137 SW 3rd St | single_family | 4 | 2 | 1,959 | $820,000 | 2025-12-17 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 7740 SW 52nd Ave | single_family | 6 | 8 | 6,936 | $8,750,000 | — |
| 3321 NW 19th Ter | multi_family | 6 | 4 | 2,244 | $1,180,000 | — |
| 244 SW 36th Ave | multi_family | 6 | 3 | 1,847 | $639,000 | — |
| 9881 SW 148th Ter | single_family | 6 | 7 | 6,140 | $3,200,000 | — |
| 9715 SW 89th Ct | single_family | 6 | 7 | 6,062 | $4,290,000 | — |
| 3085 and 3083 SW 17th St | multi_family | 6 | 5 | 1,877 | $779,900 | — |
| 3835 Carole Ct | single_family | 6 | 8 | 9,561 | $16,400,000 | — |
| 21240 SW 126th Ct | single_family | 6 | 3 | 3,041 | $869,990 | — |
10-year hold projection
IRR-5.5%
Equity multiple0.09x
Total return (10yr)-$323,608
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $3,397,970 | $20,025 | -$189,768 | $2,610,585 | $787,385 |
| 2 | $3,499,909 | $21,102 | -$188,847 | $2,580,005 | $919,904 |
| 3 | $3,604,906 | $22,224 | -$187,886 | $2,547,326 | $1,057,581 |
| 4 | $3,713,054 | $23,392 | -$186,883 | $2,512,402 | $1,200,652 |
| 5 | $3,824,445 | $24,607 | -$185,837 | $2,475,080 | $1,349,366 |
| 6 | $3,939,179 | $25,871 | -$184,745 | $2,435,194 | $1,503,984 |
| 7 | $4,057,354 | $27,187 | -$183,607 | $2,392,570 | $1,664,783 |
| 8 | $4,179,075 | $28,555 | -$182,420 | $2,347,019 | $1,832,055 |
| 9 | $4,304,447 | $29,979 | -$181,183 | $2,298,340 | $2,006,107 |
| 10 | $4,433,580 | $31,459 | -$179,894 | $2,246,318 | $2,187,262 |
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.