33 E Dilido Dr

Miami Beach, FL 33139 · single_family · For Sale · 236 days on market
Asking price$35,000,000
8 beds 8 baths 10,439 sqft
Suggested offer$23,138,241$11,861,759 above the est. market value of $23,138,241.
View on Realtor.com →
Listed by Dina Goldentayer · Douglas Elliman - 120 Ocean Drive
Typesingle_family
Built2017
Price / sqft$3353
Est. value (own analysis)$23,138,241
Rent estimate (Zillow ZIP avg)$2,928/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-01-09
Removed date
MLSMiamiMLS #A11942169
Coordinates25.78682, -80.15806
Address33 E Dilido Dr
CityMiami Beach
StateFL
Zip33139
Listing ID6659503326
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33139)

Typical home value (ZHVI)$471,015
Typical rent (ZORI)$2,928/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$35,000,000
Down payment (20.0%)$7,000,000
Loan amount$28,000,000
Closing costs (5.0%)$1,750,000
Total cash to close$8,750,000
Rent (ZIP avg, ZORI — not bedroom-specific)$2,928$35,142
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$35,142
Vacancy rate (assumption) assumption8.0%

$35,142 × 8.0% = $2,811

Effective gross income$2,694$32,330
Property tax (placeholder 1.9% of price)$55,417$665,000
Insurance (est. scaled by flood & wind risk)$40,833$490,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$146$1,757
Total operating expenses$96,396$1,156,757
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$32,330
Total operating expenses derived$1,156,757

$32,330 − $1,156,757 = -$1,124,427

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$28,000,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$28,000,000 amortized at 6.7% over 30 years = $179,936/mo

CapEx reserve (5.0% of GSR)$146$1,757
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-$1,124,427
Annual debt service derived$2,159,226
Annual CapEx reserve assumption$1,757
Annual PMI assumption$0

(-$1,124,427 − $2,159,226 − $1,757 − $0) ÷ 12 = -$273,784

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$1,124,427
Purchase price data$35,000,000

-$1,124,427 ÷ $35,000,000 = -3.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$3,285,410
Total cash to close derived$8,750,000

-$3,285,410 ÷ $8,750,000 = -37.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$1,124,427
Annual debt service derived$2,159,226

-$1,124,427 ÷ $2,159,226 = -0.52

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$35,142
Purchase price data$35,000,000

($35,142 ÷ 12) ÷ $35,000,000 = 0.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$35,000,000
Gross scheduled rent (annual) comp$35,142

$35,000,000 ÷ $35,142 = 996.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$1,156,757
Effective gross income derived$32,330

$1,156,757 ÷ $32,330 = 3577.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$1,156,757
Annual debt service derived$2,159,226
Annual PMI assumption$0
Gross scheduled rent (annual) comp$35,142

($1,156,757 + $2,159,226 + $0) ÷ $35,142 = 9436.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family8107,210$100,0002025-10-23
single_family877,210$100,000

227 E Dilido Dr

Miami Beach, 33139 · rent comp

Bedrooms / bathrooms8 bd / 10 ba
Square footage7,210
Listed2025-10-23
Days on market

Asking rent: $100,000

View on Zillow →

227 E Dilido Dr Unit Sfh

Miami Beach, 33139 · rent comp

Bedrooms / bathrooms8 bd / 7 ba
Square footage7,210
Listed
Days on market

Asking rent: $100,000

View on Zillow →

Widened to any bedroom count in ZIP. 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
270 S Hibiscus Drsingle_family7810,500$51,500,0002026-08-24
330 E San Marino Drsingle_family432,087$3,590,0002026-08-24
830 E Dilido Drsingle_family322,005$2,286,4152026-08-21
1729 Lenox Avesingle_family322,170$2,650,0002026-08-19
508 W Dilido Drsingle_family445,501$22,750,0002026-08-12
93 Palm Avesingle_family0$21,000,0002026-08-12
1511 NE 13th Plsingle_family221,835$6,500,0002026-08-06
1505 1511 Ne 13th Plsingle_family64$6,500,0002026-07-28
1338 N Venetian Waysingle_family442,456$3,180,0002026-07-24
1776 Michigan Avesingle_family452,830$2,660,0002026-07-20
288 S Coconut Lnsingle_family989,094$18,518,0002026-07-20
625 E Dilido Drsingle_family664,967$33,000,0002026-07-14
617 E Dilido Drsingle_family454,393$33,000,0002026-07-14
1 Star Island Drsingle_family756,684$55,000,0002026-07-13
149 Palm Avesingle_family0216$15,000,0002026-07-08
145 Palm Avesingle_family5611,639$40,000,0002026-07-01
1045 N Venetian Drsingle_family686,347$18,200,0002026-06-26
1335 Lenox Avesingle_family532,363$2,375,0002026-06-22
244 W San Marino Drsingle_family332,732$11,926,3002026-06-16
1443 Lenox Avesingle_family321,592$2,385,0002026-06-12
1800 Jefferson Avesingle_family443,462$3,100,0002026-06-10
16 Palm Avesingle_family679,209$25,000,0002026-06-05
444 W Rivo Alto Drsingle_family554,837$16,500,0002026-06-03
94 S Hibiscus Drsingle_family464,866$18,500,0002026-05-29
821 E Dilido Drsingle_family444,420$15,500,0002026-05-26
302 W San Marino Drsingle_family333,178$11,300,0002026-05-26
850 E Dilido Drsingle_family432,862$4,850,0002026-05-15
330 W Rivo Alto Drsingle_family232,005$9,071,0002026-05-15
600 W Dilido Drsingle_family552,669$11,000,0002026-05-14
100 E Dilido Drsingle_family453,886$4,750,0002026-05-14
291 Palm Avesingle_family453,077$5,450,0002026-05-13
431 W Rivo Alto Drsingle_family554,352$5,600,0002026-05-11
2145 Meridian Avesingle_family464,300$9,380,0002026-05-07
845 E Dilido Drsingle_family585,046$35,000,0002026-05-07
1030 N Venetian Drsingle_family352,807$3,100,0002026-05-05
1438 Jefferson Avesingle_family221,276$1,675,0002026-04-30
254 Palm Avesingle_family444,218$7,450,0002026-04-29
1315 Lenox Avesingle_family322,378$3,550,0002026-04-29
310 W Dilido Drsingle_family665,506$21,750,0002026-04-27
440 E Rivo Alto Drsingle_family323,522$6,500,0002026-04-27
1244 Michigan Avesingle_family433,295$1,900,0002026-04-24
1277 N Venetian Waysingle_family575,659$14,000,0002026-04-21
375 S Hibiscus Drsingle_family674,286$9,500,0002026-04-16
1011 N Venetian Drsingle_family333,671$10,800,0002026-04-14
114 3rd San Marino Tersingle_family443,019$5,200,0002026-04-06
1417 N Venetian Waysingle_family577,557$27,500,0002026-04-03
66 S Hibiscus Drsingle_family655,645$12,250,0002026-04-02
29 E San Marino Drsingle_family232,922$28,500,0002026-03-24
1417 Lenox Avesingle_family432,899$2,100,0002026-03-23
1096 N Venetian Drsingle_family45$5,620,0002026-03-20

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
632 15th Stmulti_family885,939$2,650,000
49 Palm Avesingle_family81011,307$35,900,000
711 Lenox Avemulti_family882,558$2,850,000

10-year hold projection

IRR-14.8%
Equity multiple-1.58x
Total return (10yr)-$17,995,646
YearProperty valueNOICash flowLoan balanceEquity
1$36,050,000-$1,124,427-$3,285,410$27,696,418$8,353,582
2$37,131,500-$1,152,376-$3,313,403$27,371,988$9,759,512
3$38,245,445-$1,181,019-$3,342,091$27,025,280$11,220,165
4$39,392,808-$1,210,373-$3,371,491$26,654,763$12,738,046
5$40,574,593-$1,240,455-$3,401,621$26,258,801$14,315,791
6$41,791,830-$1,271,285-$3,432,499$25,835,649$15,956,181
7$43,045,585-$1,302,879-$3,464,144$25,383,439$17,662,146
8$44,336,953-$1,335,258-$3,496,574$24,900,175$19,436,778
9$45,667,061-$1,368,441-$3,529,808$24,383,724$21,283,337
10$47,037,073-$1,402,447-$3,563,868$23,831,809$23,205,265
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.