7525 NE Miami Ct

Miami, FL 33138 · multi_family · For Sale · 273 days on market
Asking price$920,000
6 beds 10 baths 2,454 sqft
Suggested offer$485,732$434,269 above the est. market value of $485,732.
View on Realtor.com →
Listed by Angiolina Ayvar · Real Estate Empire Group, Inc.
Typemulti_family
Built1947
Price / sqft$375
Est. value (own analysis)$485,732
Rent estimate (building total, own analysis)$7,583/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2025-12-03
Removed date
MLSMiamiMLS #A11924675
Coordinates25.84429, -80.19596
Address7525 NE Miami Ct
CityMiami
StateFL
Zip33138
Listing ID6687076455
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33138)

Typical home value (ZHVI)$806,988
Typical rent (ZORI)$2,367/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$920,000
Down payment (20.0%)$184,000
Loan amount$736,000
Closing costs (5.0%)$46,000
Total cash to close$230,000
Rent (estimate)$7,583$90,994
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$90,994
Vacancy rate (assumption) assumption8.0%

$90,994 × 8.0% = $7,280

Effective gross income$6,976$83,715
Property tax (placeholder 1.9% of price)$1,457$17,480
Insurance (est. scaled by flood & wind risk)$1,073$12,880
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$379$4,550
Total operating expenses$2,909$34,910
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$83,715
Total operating expenses derived$34,910

$83,715 − $34,910 = $48,805

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$736,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$736,000 amortized at 6.7% over 30 years = $4,730/mo

CapEx reserve (5.0% of GSR)$379$4,550
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$48,805
Annual debt service derived$56,757
Annual CapEx reserve assumption$4,550
Annual PMI assumption$0

($48,805 − $56,757 − $4,550 − $0) ÷ 12 = -$1,042

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$48,805
Purchase price data$920,000

$48,805 ÷ $920,000 = 5.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$12,501
Total cash to close derived$230,000

-$12,501 ÷ $230,000 = -5.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$48,805
Annual debt service derived$56,757

$48,805 ÷ $56,757 = 0.86

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$90,994
Purchase price data$920,000

($90,994 ÷ 12) ÷ $920,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$920,000
Gross scheduled rent (annual) comp$90,994

$920,000 ÷ $90,994 = 10.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$34,910
Effective gross income derived$83,715

$34,910 ÷ $83,715 = 41.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$34,910
Annual debt service derived$56,757
Annual PMI assumption$0
Gross scheduled rent (annual) comp$90,994

($34,910 + $56,757 + $0) ÷ $90,994 = 100.7%

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
586 NE 62nd Stmulti_family622,250$1,300,0002026-08-06
567 NE 82nd Termulti_family664,095$750,0002026-04-14
140 NE 77th Stmulti_family622,324$460,0002025-12-15

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
499 NE 64th Stmulti_family662,483$3,000,000
650 NE 76th Stsingle_family653,107$2,799,000
1110 NE 84th Stsingle_family67$3,650,000
7700 NE 1st Ctsingle_family621,211$615,000
775 NE 77th Tersingle_family676,902$9,500,000
7101 NE 10th Avesingle_family678,118$24,850,000
7115 NE 10th Avesingle_family677,392$18,700,000
169 NE 69th Stmulti_family66$2,200,000

10-year hold projection

IRR7.0%
Equity multiple2.11x
Total return (10yr)$376,016
YearProperty valueNOICash flowLoan balanceEquity
1$947,600$48,805-$12,501$728,020$219,580
2$976,028$50,444-$10,976$719,492$256,536
3$1,005,309$52,136-$9,401$710,379$294,930
4$1,035,468$53,883-$7,773$700,640$334,828
5$1,066,532$55,688-$6,091$690,232$376,301
6$1,098,528$57,551-$4,353$679,109$419,419
7$1,131,484$59,475-$2,558$667,222$464,262
8$1,165,428$61,462-$703$654,519$510,909
9$1,200,391$63,513$1,213$640,944$559,447
10$1,236,403$65,631$3,193$626,437$609,966
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.