3376 NW 49th St
Miami, FL 33142 · multi_family · For Sale · 134 days on market
Asking price$650,000
6 beds 3 baths 1,926 sqft
Suggested offer$537,691$112,309 above the est. market value of $537,691.
View on Realtor.com →Listed by Cristy Ramirez · The Source Commercial Realty LLC
Typemulti_family
Built1937
Price / sqft$337
Est. value (own analysis)$537,691
Rent estimate (building total, own analysis)$4,834/mo
HOANone
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Statusfor_sale
Listed date2026-04-21
Removed date—
MLSMiamiMLS #A12004772
Coordinates25.81890, -80.25235
Address3376 NW 49th St
CityMiami
StateFL
Zip33142
Listing ID6593138980
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33142)
Typical home value (ZHVI)$430,103
Typical rent (ZORI)$2,350/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 | $650,000 |
| Down payment (20.0%) | $130,000 |
| Loan amount | $520,000 |
| Closing costs (5.0%) | $32,500 |
| Total cash to close | $162,500 |
| Income | |
| Rent (estimate) | $4,834$58,011 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,448$53,370 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,029$12,350 |
| Insurance (placeholder 0.8% of price) | $433$5,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $242$2,901 |
| Total operating expenses | $1,704$20,451 |
| 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) | $242$2,901 |
| 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 |
|---|---|---|---|---|---|---|
| 1247 NW 28th St | multi_family | 6 | 4 | 2,316 | $591,000 | 2026-07-31 |
| 2512 NW 13th Ave | multi_family | 6 | 2 | 1,764 | $580,000 | 2026-04-21 |
| 2180 NW 59th St | multi_family | 6 | 2 | 1,988 | $555,000 | 2026-01-26 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2180 NW 30th St | multi_family | 6 | 5 | 2,652 | $600,000 | — |
| 5859 NW 13th Ave | multi_family | 6 | 4 | 2,300 | $750,000 | — |
| 1243 NW 29th Ter | multi_family | 6 | 3 | 1,792 | $775,000 | — |
| 1864 NW 28th St | multi_family | 6 | 4 | 3,200 | $1,375,000 | — |
| 4491 NW 23rd Ave | multi_family | 6 | 4 | 2,184 | $755,000 | — |
| 2323 NW 55th Ter | multi_family | 6 | 6 | 2,400 | $795,000 | — |
| 1895 NW 47th Ter | multi_family | 6 | 4 | 2,300 | $795,000 | — |
| 1810 NW 46th St | multi_family | 6 | 6 | 4,664 | $1,550,000 | — |
10-year hold projection
IRR6.4%
Equity multiple2.02x
Total return (10yr)$250,174
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $669,500 | $32,920 | -$10,081 | $514,362 | $155,138 |
| 2 | $689,585 | $34,010 | -$9,063 | $508,337 | $181,248 |
| 3 | $710,273 | $35,135 | -$8,013 | $501,898 | $208,374 |
| 4 | $731,581 | $36,296 | -$6,927 | $495,017 | $236,564 |
| 5 | $753,528 | $37,495 | -$5,807 | $487,663 | $265,865 |
| 6 | $776,134 | $38,733 | -$4,649 | $479,805 | $296,329 |
| 7 | $799,418 | $40,010 | -$3,453 | $471,407 | $328,011 |
| 8 | $823,401 | $41,329 | -$2,218 | $462,432 | $360,969 |
| 9 | $848,103 | $42,691 | -$943 | $452,841 | $395,262 |
| 10 | $873,546 | $44,096 | $374 | $442,591 | $430,955 |
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.