323 NW 136th Pl

Miami, FL 33182 · single_family · For Sale · 37 days on market
Asking price$1,065,000
4 beds 3 baths 2,378 sqft
Suggested offer$868,735$196,265 above the est. market value of $868,735.
View on Realtor.com →
Listed by Alberto Becerra · Coastline Real Estate LLC
Typesingle_family
Built1989
Price / sqft$448
Est. value (own analysis)$868,735
Rent estimate (own analysis)$3,923/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-27
Removed date
MLSMiamiMLS #A12060519
Coordinates25.77025, -80.41619
Address323 NW 136th Pl
CityMiami
StateFL
Zip33182
Listing ID6598344839
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33182)

Typical home value (ZHVI)$670,298
Typical rent (ZORI)$3,347/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$1,065,000
Down payment (20.0%)$213,000
Loan amount$852,000
Closing costs (5.0%)$53,250
Total cash to close$266,250
Rent (comp-derived)$3,923$47,070
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$47,070
Vacancy rate (assumption) assumption8.0%

$47,070 × 8.0% = $3,766

Effective gross income$3,609$43,304
Property tax (placeholder 1.9% of price)$1,686$20,235
Insurance (placeholder 0.8% of price)$710$8,520
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$196$2,354
Total operating expenses$2,592$31,109
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$43,304
Total operating expenses derived$31,109

$43,304 − $31,109 = $12,196

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$852,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$852,000 amortized at 6.7% over 30 years = $5,475/mo

CapEx reserve (5.0% of GSR)$196$2,354
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$12,196
Annual debt service derived$65,702
Annual CapEx reserve assumption$2,354
Annual PMI assumption$0

($12,196 − $65,702 − $2,354 − $0) ÷ 12 = -$4,655

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$12,196
Purchase price data$1,065,000

$12,196 ÷ $1,065,000 = 1.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$55,860
Total cash to close derived$266,250

-$55,860 ÷ $266,250 = -21.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$12,196
Annual debt service derived$65,702

$12,196 ÷ $65,702 = 0.19

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$47,070
Purchase price data$1,065,000

($47,070 ÷ 12) ÷ $1,065,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,065,000
Gross scheduled rent (annual) comp$47,070

$1,065,000 ÷ $47,070 = 22.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$31,109
Effective gross income derived$43,304

$31,109 ÷ $43,304 = 71.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$31,109
Annual debt service derived$65,702
Annual PMI assumption$0
Gross scheduled rent (annual) comp$47,070

($31,109 + $65,702 + $0) ÷ $47,070 = 205.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family422,053$4,5002026-08-11
single_family432,152$4,0002026-08-10
single_family431,802$3,8502026-06-19
single_family422,109$3,460
single_family422,280$3,995
single_family432,328$3,790

12851 NW 7th Ter

Miami, 33182 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,053
Listed2026-08-11
Days on market

Asking rent: $4,500

View on Zillow →

12447 NW 7th St

Miami, 33182 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,152
Listed2026-08-10
Days on market

Asking rent: $4,000

View on Zillow →

313 NW 132nd Pl

Miami, 33182 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,802
Listed2026-06-19
Days on market

Asking rent: $3,850

View on Zillow →

957 NW 128th Pl

Miami, 33182 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,109
Listed
Days on market

Asking rent: $3,460

View on Zillow →

505 NW 136th Ct

Miami, 33182 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,280
Listed
Days on market

Asking rent: $3,995

View on Zillow →

12451 NW 7th St

Miami, 33182 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,328
Listed
Days on market

Asking rent: $3,790

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
320 NW 136th Avesingle_family432,326$785,0002026-07-21
13237 NW 11th Stsingle_family442,338$725,0002026-07-09
12855 NW 7th Tersingle_family43$705,0002026-06-30
13238 NW 8th Tersingle_family421,899$670,0002026-06-18
311 NW 132nd Ctsingle_family422,276$568,0002026-06-12
10 NW 125th Avesingle_family431,840$1,700,0002026-06-04
13347 NW 5th Tersingle_family421,412$565,0002026-06-03
1051 NW 128th Avesingle_family421,878$690,0002026-06-03
800 NW 133rd Avesingle_family421,602$510,0002026-05-14
220 NW 130th Avesingle_family432,396$1,725,0002026-04-30
615 NW 134th Plsingle_family421,642$715,0002026-04-30
12770 NW 11th Stsingle_family421,867$640,0002026-04-20
714 NW 134th Plsingle_family422,011$750,0002026-04-15
815 NW 126th Ctsingle_family421,834$670,0002026-04-14
699 NW 134th Plsingle_family421,776$670,0002026-03-19
704 NW 129th Ctsingle_family432,922$885,0002026-03-11
1081 NW 128th Plsingle_family421,786$685,0002026-02-20
1025 NW 128th Ctsingle_family422,278$730,0002026-02-12
13337 NW 3rd Lnsingle_family421,592$630,0002026-02-12
765 NW 129th Plsingle_family432,723$760,0002026-01-09
12715 NW 11th Tersingle_family421,822$750,0002025-12-29
13190 NW 6th Stsingle_family464,043$1,600,0002025-11-12
933 NW 136th Avesingle_family432,176$750,0002025-10-30
1143 NW 134th Plsingle_family421,642$705,0002025-10-28
1143 NW 134th Plsingle_family421,642$705,0002025-10-23
910 NW 133rd Avesingle_family421,965$645,0002025-10-02
864 NW 136th Avesingle_family442,956$800,0002025-10-01
13602 NW 10th Stsingle_family442,945$770,0002025-09-30

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
901 NW 128th Plsingle_family421,786$699,000
942 NW 133rd Ctsingle_family442,676$840,000
13249 NW 9th Lnsingle_family432,421$799,999
12693 NW 8th Tersingle_family431,690$550,000
1050 NW 129th Avesingle_family431,907$769,000
279 NW 119th Avesingle_family443,000$3,200,000
979 NW 126th Pathsingle_family431,690$630,000
849 NW 136th Avesingle_family432,065$769,000

10-year hold projection

IRR-4.1%
Equity multiple0.32x
Total return (10yr)-$42,370
YearProperty valueNOICash flowLoan balanceEquity
1$1,096,950$12,196-$55,860$842,762$254,188
2$1,129,859$12,717-$55,397$832,891$296,968
3$1,163,754$13,258-$54,917$822,341$341,414
4$1,198,667$13,819-$54,417$811,066$387,600
5$1,234,627$14,402-$53,898$799,018$435,609
6$1,271,666$15,005-$53,360$786,142$485,524
7$1,309,816$15,631-$52,800$772,382$537,434
8$1,349,110$16,281-$52,219$757,677$591,433
9$1,389,583$16,954-$51,616$741,962$647,621
10$1,431,271$17,652-$50,989$725,168$706,103
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.