2455 SW 11th St Unit 7A

Miami, FL 33135 · townhomes · For Sale · 214 days on market
Asking price$540,000
3 beds 4 baths 1,344 sqft
View on Realtor.com →
Listed by Miguel Solis · Douglas Elliman
Typetownhomes
Built1979
Price / sqft$402
Est. value (own analysis)$930,093
Rent estimate (own analysis)$3,500/mo
HOA$120/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-01-31
Removed date
MLSMiamiMLS #A11956464
Coordinates25.76312, -80.23574
Address2455 SW 11th St Unit 7A
CityMiami
StateFL
Zip33135
Listing ID6547372734
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33135)

Typical home value (ZHVI)$531,790
Typical rent (ZORI)$2,051/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$540,000
Down payment (20.0%)$108,000
Loan amount$432,000
Closing costs (5.0%)$27,000
Total cash to close$135,000
Rent (comp-derived)$3,500$42,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$42,000
Vacancy rate (assumption) assumption8.0%

$42,000 × 8.0% = $3,360

Effective gross income$3,220$38,640
Property tax (placeholder 1.9% of price)$855$10,260
Insurance (placeholder 0.8% of price)$360$4,320
HOA dues$120$1,440
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$175$2,100
Total operating expenses$1,510$18,120
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$38,640
Total operating expenses derived$18,120

$38,640 − $18,120 = $20,520

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$432,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$432,000 amortized at 6.7% over 30 years = $2,776/mo

CapEx reserve (5.0% of GSR)$175$2,100
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$20,520
Annual debt service derived$33,314
Annual CapEx reserve assumption$2,100
Annual PMI assumption$0

($20,520 − $33,314 − $2,100 − $0) ÷ 12 = -$1,241

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$20,520
Purchase price data$540,000

$20,520 ÷ $540,000 = 3.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$14,894
Total cash to close derived$135,000

-$14,894 ÷ $135,000 = -11.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$20,520
Annual debt service derived$33,314

$20,520 ÷ $33,314 = 0.62

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$42,000
Purchase price data$540,000

($42,000 ÷ 12) ÷ $540,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$540,000
Gross scheduled rent (annual) comp$42,000

$540,000 ÷ $42,000 = 12.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$18,120
Effective gross income derived$38,640

$18,120 ÷ $38,640 = 46.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$18,120
Annual debt service derived$33,314
Annual PMI assumption$0
Gross scheduled rent (annual) comp$42,000

($18,120 + $33,314 + $0) ÷ $42,000 = 122.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes341,691$5,5002026-08-07
townhomes33$3,5002026-07-17
townhomes33$3,5002026-07-16
townhomes321,366$3,0002026-03-14

2980 SW 2nd St Unit Left

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,691
Listed2026-08-07
Days on market

Asking rent: $5,500

View on Zillow →

323 SW 36ave Unit 323

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage
Listed2026-07-17
Days on market

Asking rent: $3,500

View on Zillow →

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage
Listed2026-07-16
Days on market

Asking rent: $3,500

View on Zillow →

1232 SW 30th Ct

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,366
Listed2026-03-14
Days on market

Asking rent: $3,000

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
2435 SW 11th St Unit 9Btownhomes331,576$555,0002026-07-30
1235 SW 13th Ave Unit 1235townhomes342,247$1,555,0002026-07-17
1247 SW 13th Ave Unit Atownhomes342,108$1,600,0002025-12-26

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
1274 SW 5th Stsingle_family321,170$749,999
3130 SW 6th Stsingle_family332,350$815,000
2353 SW 4th Stsingle_family321,765$865,000
2260 SW 5th Stsingle_family321,328$640,000
3080 SW 5th Stsingle_family311,534$599,999
1831 SW 10th Stsingle_family321,876$780,000
3640 SW 11th Stsingle_family321,595$822,000
multi_family371,364$1,340,000

10-year hold projection

IRR2.9%
Equity multiple1.47x
Total return (10yr)$133,318
YearProperty valueNOICash flowLoan balanceEquity
1$556,200$20,520-$14,894$427,316$128,884
2$572,886$21,226-$14,240$422,311$150,575
3$590,073$21,956-$13,564$416,961$173,111
4$607,775$22,710-$12,866$411,245$196,530
5$626,008$23,489-$12,143$405,136$220,872
6$644,788$24,293-$11,397$398,607$246,181
7$664,132$25,125-$10,625$391,630$272,502
8$684,056$25,983-$9,827$384,174$299,882
9$704,578$26,871-$9,002$376,206$328,372
10$725,715$27,787-$8,149$367,690$358,024
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.