3794 Irvington Ave

Coconut Grove, FL 33133 · single_family · For Sale · 15 days on market
Asking price$2,085,000
4 beds 2 baths 1,796 sqft
Suggested offer$1,856,741$228,259 above the est. market value of $1,856,741.
View on Realtor.com →
Listed by Ana B. Cuan · Compass Florida, LLC
Typesingle_family
Built1946
Price / sqft$1161
Est. value (own analysis)$1,856,741
Rent estimate (own analysis)$6,950/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-08-18
Removed date
MLSMiamiMLS #A12072868
Coordinates25.72229, -80.25496
Address3794 Irvington Ave
CityCoconut Grove
StateFL
Zip33133
Listing ID6583753037
Sourceus-real-estate-listings, cached 2026-08-25

ZIP market snapshot (33133)

Typical home value (ZHVI)$1,352,044
Typical rent (ZORI)$3,793/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$2,085,000
Down payment (20.0%)$417,000
Loan amount$1,668,000
Closing costs (5.0%)$104,250
Total cash to close$521,250
Rent (comp-derived)$6,950$83,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$83,400
Vacancy rate (assumption) assumption8.0%

$83,400 × 8.0% = $6,672

Effective gross income$6,394$76,728
Property tax (placeholder 1.9% of price)$3,301$39,615
Insurance (placeholder 0.8% of price)$1,390$16,680
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$348$4,170
Total operating expenses$5,039$60,465
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$76,728
Total operating expenses derived$60,465

$76,728 − $60,465 = $16,263

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$1,668,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,668,000 amortized at 6.7% over 30 years = $10,719/mo

CapEx reserve (5.0% of GSR)$348$4,170
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$16,263
Annual debt service derived$128,628
Annual CapEx reserve assumption$4,170
Annual PMI assumption$0

($16,263 − $128,628 − $4,170 − $0) ÷ 12 = -$9,711

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$16,263
Purchase price data$2,085,000

$16,263 ÷ $2,085,000 = 0.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$116,535
Total cash to close derived$521,250

-$116,535 ÷ $521,250 = -22.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$16,263
Annual debt service derived$128,628

$16,263 ÷ $128,628 = 0.13

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$83,400
Purchase price data$2,085,000

($83,400 ÷ 12) ÷ $2,085,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,085,000
Gross scheduled rent (annual) comp$83,400

$2,085,000 ÷ $83,400 = 25.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$60,465
Effective gross income derived$76,728

$60,465 ÷ $76,728 = 78.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$60,465
Annual debt service derived$128,628
Annual PMI assumption$0
Gross scheduled rent (annual) comp$83,400

($60,465 + $128,628 + $0) ÷ $83,400 = 226.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family432,103$8,5002026-08-18
single_family421,550$4,2002026-06-10
single_family442,314$16,8002026-06-08
single_family422,027$3,600
single_family422,027$3,850
single_family432,170$10,000
single_family432,013$6,9502026-08-14

2521 Inagua Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,103
Listed2026-08-18
Days on market

Asking rent: $8,500

View on Zillow →

3389 William Ave Unit 0

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,550
Listed2026-06-10
Days on market

Asking rent: $4,200

View on Zillow →

290 Shore Dr E Unit 290

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,314
Listed2026-06-08
Days on market

Asking rent: $16,800

View on Zillow →

3233 SW 25th St # 3233

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,027
Listed
Days on market

Asking rent: $3,600

View on Zillow →

3231 SW 25th St # 2

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,027
Listed
Days on market

Asking rent: $3,850

View on Zillow →

3204 Plaza St

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,170
Listed
Days on market

Asking rent: $10,000

View on Zillow →

112 Florida Ave

Coral Gables, 33133 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,013
Listed2026-08-14
Days on market

Asking rent: $6,950

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
3794 Irvington Avesingle_family421,796$2,085,0002026-08-27
2000 SW 25th Stsingle_family441,908$1,080,0002026-08-26
3200 Thomas Avesingle_family443,268$3,440,0002026-08-21
3185 Washington Stsingle_family443,205$3,500,0002026-08-21
4090 Barbarossa Avesingle_family443,491$4,450,0002026-08-05
1815 Fairhaven Plsingle_family443,665$6,550,0002026-07-30
79 W Shore Drsingle_family453,718$3,600,0002026-07-30
2841 Emathla Stsingle_family443,243$7,250,0002026-07-20
4190 Ingraham Hwysingle_family434,622$6,550,0002026-07-10
259 E Shore Drsingle_family442,772$2,990,0002026-07-06
1616 S Bayshore Drsingle_family453,279$2,850,0002026-07-02
142 San Souci Drsingle_family454,442$4,250,0002026-06-26
2777 Calusa Stsingle_family442,503$3,100,0002026-06-22
3120 SW 27th Stsingle_family431,835$635,0002026-06-22
2615 SW 34th Ctsingle_family421,558$885,0002026-06-18
85 Shore Dr Wsingle_family433,392$3,575,0002026-06-12
1782 Opechee Drsingle_family442,378$2,750,0002026-06-10
4286 S Douglas Rdsingle_family422,657$3,585,0002026-06-09
4190 Braganza Avesingle_family433,661$3,500,0002026-06-09
2301 Tigertail Avesingle_family443,404$2,650,0002026-06-09
3366 Thomas Avesingle_family421,400$1,320,0002026-06-05
2770 SW 33rd Avesingle_family431,497$725,0002026-06-03
3820 Braganza Avesingle_family432,713$3,500,0002026-06-01
4140 Bonita Avesingle_family443,255$2,750,0002026-05-29
3457 Oak Avesingle_family453,442$3,500,0002026-05-27
4061 Matheson Avesingle_family454,000$4,650,0002026-05-19
2321 Trapp Avesingle_family454,241$4,600,0002026-05-04
4185 Ventura Avesingle_family445,259$4,300,0002026-04-29
3564 Avocado Avesingle_family442,940$2,300,0002026-04-27
3508 Bayshore Villas Drsingle_family444,709$3,500,0002026-04-24
143 Morningside Drsingle_family432,481$3,300,0002026-04-17
3700 Justison Rdsingle_family432,506$2,800,0002026-04-16
2330 Overbrook Stsingle_family443,988$4,500,0002026-04-08
3655 Avocado Avesingle_family453,334$3,700,0002026-04-08
2437 SW 25th Tersingle_family452,405$1,800,0002026-04-06
3551 E Glencoe Stsingle_family432,334$2,200,0002026-04-02
4125 Poinciana Avesingle_family443,209$2,950,0002026-04-02
211 Washington Drsingle_family421,464$800,0002026-04-01
4255 Lennox Drsingle_family442,855$3,000,0002026-03-20
3455 S Moorings Waysingle_family467,236$7,250,0002026-03-19
2240 Tequesta Lnsingle_family431,905$2,100,0002026-03-05
212 Shore Dr Ssingle_family432,637$3,225,0002026-02-17
6960 Sunrise Drsingle_family432,709$8,775,0002026-02-17
110 Shore Dr Wsingle_family453,184$2,500,0002026-02-12
251 Shore Dr Esingle_family433,856$3,400,0002026-02-06
3610 Avocado Avesingle_family452,644$3,144,0002026-02-02
3765 Carmen Ctsingle_family432,622$2,850,0002026-01-27
84 W Shore Drsingle_family433,090$2,175,0002026-01-21
4190 Pamona Avesingle_family431,949$1,750,0002026-01-20
1607 Micanopy Avesingle_family432,340$2,100,0002026-01-16

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
72 Shore Dr Wsingle_family453,328$4,200,000
4110 Battersea Rdsingle_family442,787$2,590,000
4120 Lybyer Avesingle_family431,981$2,750,000
2927 SW 36th Avetownhomes46$1,685,000
5 Grove Isle Dr Apt M502condos453,677$9,995,000
3372 Charles Avesingle_family453,026$4,160,000
3352 Charles Avesingle_family453,150$4,225,000
3427 Frow Avesingle_family452,332$2,700,000

10-year hold projection

IRR-5.0%
Equity multiple0.16x
Total return (10yr)-$165,441
YearProperty valueNOICash flowLoan balanceEquity
1$2,147,550$16,263-$116,535$1,649,915$497,635
2$2,211,977$17,053-$115,849$1,630,588$581,388
3$2,278,336$17,875-$115,135$1,609,934$668,401
4$2,346,686$18,729-$114,390$1,587,862$758,824
5$2,417,086$19,616-$113,615$1,564,274$852,812
6$2,489,599$20,538-$112,808$1,539,066$950,533
7$2,564,287$21,496-$111,968$1,512,127$1,052,160
8$2,641,216$22,492-$111,093$1,483,339$1,157,877
9$2,720,452$23,526-$110,183$1,452,573$1,267,879
10$2,802,066$24,600-$109,236$1,419,694$1,382,371
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.