814 W Dilido Dr

Miami Beach, FL 33139 · single_family · Pending — under contract · 652 days on market
Asking price$14,995,000
5 beds 5 baths 4,474 sqft
Suggested offer$471,015$14,523,985 above the est. market value of $471,015.
View on Realtor.com →
Listed by Chad Carroll · COMPASS
Typesingle_family
Built1993
Price / sqft$3352
Est. value (Zillow ZIP avg)$471,015
Rent estimate (own analysis)$55,000/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2024-11-19
Removed date
MLSMiamiMLS #A11696582
Coordinates25.79473, -80.15999
Address814 W Dilido Dr
CityMiami Beach
StateFL
Zip33139
Listing ID6663229920
Sourceus-real-estate-listings, cached 2026-08-28

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$14,995,000
Down payment (20.0%)$2,999,000
Loan amount$11,996,000
Closing costs (5.0%)$749,750
Total cash to close$3,748,750
Rent (comp-derived)$55,000$660,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$660,000
Vacancy rate (assumption) assumption8.0%

$660,000 × 8.0% = $52,800

Effective gross income$50,600$607,200
Property tax (placeholder 1.9% of price)$23,742$284,905
Insurance (est. scaled by flood & wind risk)$21,993$263,912
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$2,750$33,000
Total operating expenses$48,485$581,817
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$607,200
Total operating expenses derived$581,817

$607,200 − $581,817 = $25,383

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$11,996,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$11,996,000 amortized at 6.7% over 30 years = $77,090/mo

CapEx reserve (5.0% of GSR)$2,750$33,000
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$25,383
Annual debt service derived$925,074
Annual CapEx reserve assumption$33,000
Annual PMI assumption$0

($25,383 − $925,074 − $33,000 − $0) ÷ 12 = -$77,724

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$25,383
Purchase price data$14,995,000

$25,383 ÷ $14,995,000 = 0.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$932,691
Total cash to close derived$3,748,750

-$932,691 ÷ $3,748,750 = -24.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$25,383
Annual debt service derived$925,074

$25,383 ÷ $925,074 = 0.03

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$660,000
Purchase price data$14,995,000

($660,000 ÷ 12) ÷ $14,995,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$14,995,000
Gross scheduled rent (annual) comp$660,000

$14,995,000 ÷ $660,000 = 22.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$581,817
Effective gross income derived$607,200

$581,817 ÷ $607,200 = 95.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$581,817
Annual debt service derived$925,074
Annual PMI assumption$0
Gross scheduled rent (annual) comp$660,000

($581,817 + $925,074 + $0) ÷ $660,000 = 228.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family554,343$55,0002026-07-16
single_family564,100$47,0002026-08-25
single_family565,202$69,0002026-08-14
single_family575,642$65,0002026-02-17
single_family543,547$33,0002026-07-06
single_family564,474$54,9002025-09-05
single_family565,202$69,000

1300 S Venetian Way

Miami, 33139 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,343
Listed2026-07-16
Days on market

Asking rent: $55,000

View on Zillow →

279 N Hibiscus Dr

Miami Beach, 33139 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage4,100
Listed2026-08-25
Days on market

Asking rent: $47,000

View on Zillow →

257 N Coconut Ln

Miami Beach, 33139 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage5,202
Listed2026-08-14
Days on market

Asking rent: $69,000

View on Zillow →

420 N Hibiscus Dr

Miami Beach, 33139 · rent comp

Bedrooms / bathrooms5 bd / 7 ba
Square footage5,642
Listed2026-02-17
Days on market

Asking rent: $65,000

View on Zillow →

255 Palm Ave

Miami Beach, 33139 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,547
Listed2026-07-06
Days on market

Asking rent: $33,000

View on Zillow →

814 W Dilido Dr

Miami Beach, 33139 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage4,474
Listed2025-09-05
Days on market

Asking rent: $54,900

View on Zillow →

257 N Coconut Ln Unit Sfh

Miami Beach, 33139 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage5,202
Listed
Days on market

Asking rent: $69,000

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.

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.

AddressTypeBedsBathsSqftAsking priceDays on market
1000 Venetian Way Unit 301/303condos553,840$4,600,000
1379 N Venetian Waysingle_family555,303$16,500,000
121 2nd Dilido Tersingle_family563,614$725,000
800 S Pointe Dr Apt 2204condos579,049$78,000,000
441 N Hibiscus Drsingle_family574,827$19,500,000
126 W San Marino Drsingle_family577,890$35,995,000
1301 Flamingo Waysingle_family532,743$4,900,000
821 Espanola Waysingle_family552,410$1,850,000

10-year hold projection

IRR-6.7%
Equity multiple-0.12x
Total return (10yr)-$2,235,107
YearProperty valueNOICash flowLoan balanceEquity
1$15,444,850$25,383-$932,691$11,865,937$3,578,913
2$15,908,196$29,054-$929,846$11,726,942$4,181,254
3$16,385,441$32,907-$926,838$11,578,402$4,807,039
4$16,877,005$36,951-$923,661$11,419,662$5,457,343
5$17,383,315$41,192-$920,308$11,250,021$6,133,294
6$17,904,814$45,639-$916,772$11,068,730$6,836,084
7$18,441,959$50,299-$913,045$10,874,990$7,566,969
8$18,995,217$55,182-$909,119$10,667,946$8,327,272
9$19,565,074$60,295-$904,986$10,446,684$9,118,390
10$20,152,026$65,649-$900,638$10,210,227$9,941,799
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.