135 SW 29th Rd
Miami, FL 33129 · single_family · For Sale · 124 days on market
Asking price$5,600,000
6 beds 8 baths 4,287 sqft
Suggested offer$3,071,593$2,528,407 above the est. market value of $3,071,593.
View on Realtor.com →Listed by Anastasia Mastantuono · Miami Realty Solution Group
Typesingle_family
Built2026
Price / sqft$1306
Est. value (own analysis)$3,071,593
Rent estimate (own analysis)$28,750/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-05-01
Removed date—
MLSMiamiMLS #A12011261
Coordinates25.75218, -80.20918
Address135 SW 29th Rd
CityMiami
StateFL
Zip33129
Listing ID6545766077
Sourceus-real-estate-listings, cached 2026-08-29
ZIP market snapshot (33129)
Typical home value (ZHVI)$689,590
Typical rent (ZORI)$3,599/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 | $5,600,000 |
| Down payment (20.0%) | $1,120,000 |
| Loan amount | $4,480,000 |
| Closing costs (5.0%) | $280,000 |
| Total cash to close | $1,400,000 |
| Income | |
| Rent (comp-derived) | $28,750$345,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $26,450$317,400 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $8,867$106,400 |
| Insurance (est. scaled by flood & wind risk) | $5,973$71,680 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,438$17,250 |
| Total operating expenses | $16,278$195,330 |
| 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) | $1,438$17,250 |
| 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 | 3,500 | $17,000 | 2026-08-13 | — | |
| single_family | 6 | 7 | 5,712 | $65,000 | 2026-07-01 | — | |
| single_family | 6 | 6 | 5,322 | $28,000 | 2026-06-17 | — | |
| single_family | 6 | 5 | 4,432 | $29,500 | 2026-06-17 | — | |
| single_family | 6 | 6 | 4,181 | $18,000 | 2026-08-03 | — | |
| single_family | 6 | 8 | 5,568 | $58,500 | 2026-04-15 | — | |
| single_family | 6 | 5 | 3,446 | $30,000 | 2023-02-13 | — | |
| single_family | 6 | 4 | 3,078 | $3,500 | 2026-08-28 | — |
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 |
|---|---|---|---|---|---|---|
| 801 SW 24th Rd | single_family | 3 | 2 | 1,726 | $1,475,000 | 2026-09-01 |
| 2130 S Miami Ave | single_family | 6 | 7 | 5,890 | $7,675,000 | 2026-08-26 |
| 321 SW 32nd Rd | single_family | 2 | 1 | 1,214 | $1,205,000 | 2026-08-14 |
| 3001 S Miami Ave | single_family | 5 | 4 | 3,126 | $2,650,000 | 2026-08-12 |
| 730 SW 20th Rd | single_family | 2 | 1 | 1,025 | $905,000 | 2026-08-07 |
| 322 SW 18th Rd | single_family | 3 | 2 | 1,746 | $1,262,895 | 2026-08-07 |
| 2031 S Miami Ave | single_family | 4 | 5 | 4,259 | $4,275,000 | 2026-07-31 |
| 1153 SW 22nd Ter | single_family | 2 | 2 | 1,216 | $1,150,000 | 2026-07-14 |
| 50 SW 26th Rd | single_family | 3 | 2 | 2,260 | $1,443,800 | 2026-07-06 |
| 365 SW 31st Rd | single_family | 4 | 4 | 2,514 | $2,076,000 | 2026-07-06 |
| 401 SW 28th Rd | single_family | 4 | 4 | 2,518 | $1,728,000 | 2026-06-15 |
| 452 SW 21st Rd | single_family | 4 | 3 | 2,300 | $1,255,000 | 2026-06-04 |
| 426 SW 26th Rd | single_family | 4 | 3 | 1,688 | $1,250,000 | 2026-06-04 |
| 321 SW 19th Rd | single_family | 4 | 2 | 1,755 | $1,030,000 | 2026-06-02 |
| 419 SW 30th Rd | single_family | 3 | 2 | 1,304 | $1,375,000 | 2026-05-28 |
| 441 SW 27th Rd | single_family | 3 | 2 | 2,236 | $1,650,000 | 2026-05-27 |
| 705 SW 26th Rd | single_family | 2 | 2 | 2,550 | $1,400,000 | 2026-05-18 |
| 1851 SW 2nd Ct | single_family | 2 | 1 | 1,023 | $1,550,000 | 2026-05-15 |
| 701 SW 27th Rd | single_family | 4 | 4 | 2,743 | $3,820,000 | 2026-05-15 |
| 2100 SW 9th Ave | single_family | 2 | 2 | 2,565 | $2,800,000 | 2026-05-14 |
| 441 SW 27th Rd | single_family | 4 | 4 | 2,332 | $1,650,000 | 2026-05-13 |
| 998 SW 11th St | single_family | 5 | 4 | 2,108 | $1,370,000 | 2026-05-13 |
| 159 SW 25th Rd | single_family | 4 | 3 | 2,296 | $1,335,000 | 2026-05-06 |
| 620 SW 27th Rd | single_family | 2 | 2 | 1,257 | $1,350,000 | 2026-04-15 |
| 45 SW 19th Rd | single_family | 5 | 5 | 3,178 | $2,900,000 | 2026-03-27 |
| 1852 SW 2nd Ave | single_family | 3 | 1 | 2,377 | $1,150,000 | 2026-03-17 |
| 40 SW 30th Rd | single_family | 3 | 2 | 2,303 | $1,700,000 | 2026-03-16 |
| 2323 SW 2nd Ave | single_family | 5 | 5 | 4,808 | $4,850,000 | 2026-03-13 |
| 3001 SW 4th Ave | single_family | 4 | 3 | 3,049 | $1,940,000 | 2026-03-09 |
| 201 SW 30th Rd | single_family | 3 | 2 | 2,037 | $1,495,000 | 2026-03-05 |
| 100 SW 30th Rd | single_family | 3 | 2 | 1,839 | $1,250,000 | 2026-02-23 |
| 445 SW 24th Rd | single_family | 4 | 3 | 2,167 | $1,150,000 | 2026-02-13 |
| 1815 SW 12th Ave | single_family | 3 | 2 | 2,400 | $780,000 | 2026-02-12 |
| 1928 S Miami Ave | single_family | 4 | 2 | 4,144 | $838,000 | 2026-02-10 |
| 1739 SW 12th Ave | single_family | 4 | 2 | 2,410 | $1,600,000 | 2026-02-03 |
| 257 SW 32nd Rd | single_family | 5 | 4 | 3,300 | $2,000,000 | 2026-01-31 |
| 531 SW 23rd Rd | single_family | 4 | 3 | 2,086 | $1,600,000 | 2026-01-23 |
| 2700 SW 4th Ave | single_family | 4 | 3 | 2,722 | $1,525,000 | 2026-01-23 |
| 1020 SW 22nd St | single_family | 3 | 3 | 1,870 | $1,255,000 | 2026-01-16 |
| 1564 SW 12th Ave | single_family | 3 | 2 | 2,332 | $1,500,000 | 2026-01-09 |
| 326 SW 20th Rd | single_family | 4 | 4 | 2,280 | $1,485,000 | 2026-01-06 |
| 340 SW 25th Rd | single_family | 4 | 4 | 2,229 | $1,150,000 | 2025-12-30 |
| 701 SW 24th Rd | single_family | 4 | 5 | 3,875 | $2,750,000 | 2025-12-30 |
| 1575 SW 12th Ave | single_family | 4 | 2 | 1,479 | $1,200,000 | 2025-12-30 |
| 47 SW 21st Rd | single_family | 4 | 4 | 2,220 | $1,925,000 | 2025-12-22 |
| 420 SW 19th Rd | single_family | 3 | 3 | 3,178 | $1,850,000 | 2025-12-17 |
| 431 SW 20th Rd | single_family | 3 | 2 | 1,672 | $1,420,000 | 2025-12-12 |
| 2301 S Miami Ave | single_family | 3 | 2 | 2,686 | $1,500,000 | 2025-12-08 |
| 1150 SW 22nd Ter | single_family | 4 | 3 | 2,725 | $1,816,000 | 2025-12-04 |
| 910 SW 23rd Rd | single_family | 3 | 3 | 2,006 | $1,725,000 | 2025-11-25 |
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 |
|---|---|---|---|---|---|---|
| 2820 Brickell Ave | single_family | 6 | 7 | 6,522 | $9,950,000 | — |
| 2130 S Miami Ave | single_family | 6 | 7 | 5,890 | $7,949,950 | — |
| 3120 Brickell Ave | single_family | 6 | 7 | 6,000 | $14,900,000 | — |
| 2100 S Miami Ave | single_family | 6 | 7 | 5,350 | $7,850,000 | — |
| 175 SE 25th Rd Unit UPH01 | condos | 6 | 7 | 7,084 | $31,000,000 | — |
10-year hold projection
IRR-1.5%
Equity multiple0.76x
Total return (10yr)$395,101
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $5,768,000 | $122,070 | -$240,656 | $4,431,427 | $1,336,573 |
| 2 | $5,941,040 | $126,709 | -$236,449 | $4,379,518 | $1,561,522 |
| 3 | $6,119,271 | $131,511 | -$232,088 | $4,324,045 | $1,795,227 |
| 4 | $6,302,849 | $136,483 | -$227,570 | $4,264,762 | $2,038,088 |
| 5 | $6,491,935 | $141,629 | -$222,888 | $4,201,408 | $2,290,527 |
| 6 | $6,686,693 | $146,956 | -$218,037 | $4,133,704 | $2,552,989 |
| 7 | $6,887,294 | $152,469 | -$213,012 | $4,061,350 | $2,825,944 |
| 8 | $7,093,912 | $158,176 | -$207,805 | $3,984,027 | $3,109,885 |
| 9 | $7,306,730 | $164,082 | -$202,412 | $3,901,395 | $3,405,335 |
| 10 | $7,525,932 | $170,195 | -$196,825 | $3,813,089 | $3,712,843 |
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.