6801 NW 2nd Ct
Miami, FL 33150 · multi_family · For Sale · 202 days on market
Asking price$670,000
— beds — baths 1,323 sqft
Suggested offer$440,185$229,815 above the est. market value of $440,185.
View on Realtor.com →Listed by Maria Barrera · Canvas Real Estate
Typemulti_family
Built1957
Price / sqft$506
Est. value (own analysis)$440,185
Rent estimate (building total, own analysis)$2,876/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-02-12
Removed date—
MLSMiamiMLS #A11964327
Coordinates25.83715, -80.20120
Address6801 NW 2nd Ct
CityMiami
StateFL
Zip33150
Listing ID6558658017
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33150)
Typical home value (ZHVI)$453,432
Typical rent (ZORI)$2,416/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 | $670,000 |
| Down payment (20.0%) | $134,000 |
| Loan amount | $536,000 |
| Closing costs (5.0%) | $33,500 |
| Total cash to close | $167,500 |
| Income | |
| Rent (estimate) | $2,876$34,513 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,646$31,752 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,061$12,730 |
| Insurance (est. scaled by flood & wind risk) | $715$8,576 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $144$1,726 |
| Total operating expenses | $1,919$23,032 |
| 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) | $144$1,726 |
| 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
Same ZIP. Real active rental listings, used to derive the rent estimate above.
No active rental listings cached yet for this bedroom count.
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 801 NW 105th St | multi_family | — | — | 1,454 | $635,000 | 2026-08-17 |
| 6810 NW 2nd Ct | multi_family | 4 | 2 | 2,102 | $590,000 | 2026-08-07 |
| 6701 NW 5th Ave | multi_family | — | — | 1,408 | $565,000 | 2026-07-31 |
| 163 NW 68th Ter | multi_family | 6 | 4 | 2,454 | $737,000 | 2026-07-29 |
| 6241 NW Miami Pl | multi_family | 3 | 2 | 1,800 | $850,000 | 2026-07-09 |
| 7612 NW 4th Ave | multi_family | 3 | 1 | 1,620 | $635,000 | 2026-07-08 |
| 15 NW 70th St | multi_family | 4 | 2 | 1,555 | $510,000 | 2026-06-16 |
| 97 NW 69th St | multi_family | — | — | 2,022 | $620,000 | 2026-06-12 |
| 408 NW 97th St | multi_family | — | — | 1,549 | $155,000 | 2026-06-05 |
| 50 NW 71st St Apt 4 | multi_family | 4 | 4 | 1,600 | $740,000 | 2026-06-02 |
| 1064 NW 103rd St | multi_family | 4 | 3 | 1,792 | $570,000 | 2026-06-02 |
| 250 NW 83rd St | multi_family | 6 | 2 | 2,074 | $520,000 | 2026-05-29 |
| 772 NW 80th St | multi_family | 3 | 2 | 1,432 | $650,000 | 2026-05-27 |
| 7534/7536 NW 4th Ave | multi_family | — | — | 1,740 | $570,000 | 2026-05-26 |
| 93 NW 69th St | multi_family | 3 | 1 | 2,102 | $445,000 | 2026-05-20 |
| 7736 NW 2nd Ave | multi_family | 2 | 2 | 1,638 | $500,000 | 2026-05-07 |
| 1181 NW 66th St | multi_family | — | — | — | $789,000 | 2026-04-28 |
| 421 NW 81st St | multi_family | — | — | 1,601 | $699,000 | 2026-04-28 |
| 6324 NW 1st Pl | multi_family | — | — | 2,164 | $720,000 | 2026-04-24 |
| 5138334331 | multi_family | — | — | 2,454 | $753,000 | 2026-04-16 |
| 5713827729 | multi_family | — | — | 1,677 | $300,000 | 2026-04-06 |
| 742 NW 70th St | multi_family | — | — | 2,738 | $995,000 | 2026-03-26 |
| 6720 NW 4th Ave | multi_family | 4 | 1 | 1,320 | $537,500 | 2026-03-11 |
| 1052 NW 103rd St | multi_family | 4 | 2 | 1,740 | $580,000 | 2026-03-11 |
| 7926 NW 10th Ct | multi_family | — | — | 1,578 | $360,000 | 2026-03-02 |
| 751 NW 96th St | multi_family | — | — | 1,199 | $499,000 | 2026-02-25 |
| 401 NW 81st St | multi_family | — | — | 1,254 | $395,000 | 2026-02-23 |
| 6911 NW 4th Ct | multi_family | — | — | 1,541 | $699,000 | 2026-02-17 |
| 1162 NW 64th St | multi_family | — | — | 1,430 | $445,000 | 2026-02-12 |
| 244 NW 73rd Ter | multi_family | 4 | 3 | 2,105 | $969,000 | 2026-02-11 |
| 6863 NW 2nd Ave Apt 4 | multi_family | 8 | 4 | 3,406 | $705,000 | 2026-02-02 |
| 6920 NW 6th Ct | multi_family | — | — | 1,244 | $430,000 | 2026-01-30 |
| 640 642 Nw 77th St | multi_family | — | — | 1,370 | $449,000 | 2026-01-20 |
| 571 NW 95th Ter | multi_family | 5 | 4 | 1,980 | $330,000 | 2026-01-15 |
| 171 NW 70th St | multi_family | — | — | 1,650 | $560,000 | 2026-01-15 |
| 9411438856 | multi_family | — | — | 2,686 | $760,000 | 2025-12-23 |
| 889 NW 102nd St | multi_family | — | — | 1,600 | $604,000 | 2025-12-23 |
| 6844 NW 5th Ave | multi_family | 4 | 2 | 1,400 | $565,000 | 2025-12-02 |
| 8290 NW 5th Ave | multi_family | 3 | 2 | 1,404 | $520,000 | 2025-12-01 |
| 724 NW 77th St | multi_family | 2 | 1 | 1,389 | $520,000 | 2025-11-12 |
| 1031 NW 101st St | multi_family | — | — | 1,620 | $560,000 | 2025-10-15 |
| 7634 NW 4th Ave | multi_family | — | — | 1,553 | $375,000 | 2025-10-08 |
| 6672132843 | multi_family | — | — | 3,063 | $520,000 | 2025-10-06 |
| 6951 NW 5th Ct | multi_family | 7 | 4 | 2,244 | $510,000 | 2025-09-19 |
| 8125 NW 6th Ave | multi_family | 7 | 2 | 1,952 | $559,900 | 2025-09-19 |
| 7501 and 7503 NW 6th Ct | multi_family | — | — | 1,260 | $455,000 | 2025-09-10 |
| 1161 NW 101st St | multi_family | — | 0 | 1,326 | $530,000 | 2025-09-08 |
| 9162284355 | multi_family | 4 | 2 | 1,326 | $530,000 | 2025-09-08 |
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.
No other cached listings nearby for this bedroom count yet.
10-year hold projection
IRR-3.7%
Equity multiple0.38x
Total return (10yr)-$16,487
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $690,100 | $8,720 | -$34,339 | $530,189 | $159,911 |
| 2 | $710,803 | $9,097 | -$34,005 | $523,978 | $186,825 |
| 3 | $732,127 | $9,488 | -$33,659 | $517,341 | $214,786 |
| 4 | $754,091 | $9,894 | -$33,298 | $510,248 | $243,843 |
| 5 | $776,714 | $10,315 | -$32,924 | $502,669 | $274,045 |
| 6 | $800,015 | $10,751 | -$32,535 | $494,568 | $305,447 |
| 7 | $824,015 | $11,204 | -$32,131 | $485,912 | $338,104 |
| 8 | $848,736 | $11,674 | -$31,711 | $476,661 | $372,075 |
| 9 | $874,198 | $12,161 | -$31,276 | $466,774 | $407,424 |
| 10 | $900,424 | $12,666 | -$30,823 | $456,209 | $444,215 |
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.