3600 NE 167th St Unit 19
North Miami Beach, FL 33160 · townhomes · For Sale · 18 days on market
Asking price$755,000
4 beds 3 baths 1,498 sqft
Suggested offer$518,452$236,548 above the est. market value of $518,452.
View on Realtor.com →Listed by Richard Todd Feldman, Broker/Owner · Miami Waterfront Realty
Typetownhomes
Built1973
Price / sqft$504
Est. value (Zillow ZIP avg)$518,452
Rent estimate (own analysis)$5,900/mo
HOA$807/mo
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Statusfor_sale
Listed date2026-08-15
Removed date—
MLSMiamiMLS #A12071821
Coordinates25.93353, -80.13526
Address3600 NE 167th St Unit 19
CityNorth Miami Beach
StateFL
Zip33160
Listing ID6646325703
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33160)
Typical home value (ZHVI)$518,452
Typical rent (ZORI)$3,079/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 | $755,000 |
| Down payment (20.0%) | $151,000 |
| Loan amount | $604,000 |
| Closing costs (5.0%) | $37,750 |
| Total cash to close | $188,750 |
| Income | |
| Rent (comp-derived) | $5,900$70,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,428$65,136 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,195$14,345 |
| Insurance (placeholder 0.8% of price) | $503$6,040 |
| HOA dues | $807$9,684 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $295$3,540 |
| Total operating expenses | $2,801$33,609 |
| 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) | $295$3,540 |
| 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.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| townhomes | 4 | 3 | 2,425 | $7,500 | 2026-05-06 | — | |
| townhomes | 4 | 3 | 1,498 | $5,900 | 2026-08-15 | — | |
| townhomes | 4 | 3 | 1,498 | $5,900 | 2026-08-17 | — |
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.
No recent recorded sales cached yet for this ZIP.
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 |
|---|---|---|---|---|---|---|
| 333 Atlantic Ave | single_family | 4 | 4 | 2,426 | $11,999,000 | — |
| 3949 194th Ln | single_family | 4 | 4 | 2,353 | $2,259,000 | — |
| 3341 NE 170th St | single_family | 4 | 3 | 3,556 | $3,500,000 | — |
| 18555 Collins Ave Apt 3301 | condos | 4 | 5 | 4,154 | $6,500,000 | — |
| 329 Poinciana Dr Unit 909 | condos | 4 | 3 | 2,425 | $1,190,000 | — |
| 17475 Collins Ave Ph 3201 | condos | 4 | 8 | 9,051 | $23,990,000 | — |
| 17875 Collins Ave Ph 4506 | condos | 4 | 7 | 6,419 | $13,495,000 | — |
| 2349 NE 173rd St | single_family | 4 | 3 | 1,432 | $839,000 | — |
10-year hold projection
IRR3.8%
Equity multiple1.61x
Total return (10yr)$214,312
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $777,650 | $31,527 | -$18,591 | $597,451 | $180,199 |
| 2 | $800,980 | $32,641 | -$17,565 | $590,453 | $210,527 |
| 3 | $825,009 | $33,792 | -$16,505 | $582,974 | $242,035 |
| 4 | $849,759 | $34,983 | -$15,407 | $574,981 | $274,778 |
| 5 | $875,252 | $36,213 | -$14,272 | $566,440 | $308,812 |
| 6 | $901,509 | $37,485 | -$13,098 | $557,312 | $344,198 |
| 7 | $928,555 | $38,800 | -$11,883 | $547,557 | $380,998 |
| 8 | $956,411 | $40,159 | -$10,627 | $537,132 | $419,280 |
| 9 | $985,104 | $41,563 | -$9,328 | $525,991 | $459,112 |
| 10 | $1,014,657 | $43,015 | -$7,984 | $514,086 | $500,571 |
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.