1460 West Ave
Miami Beach, FL 33139 · single_family · For Sale · 97 days on market
Asking price$1,791,000
2 beds 2 baths 4,952 sqft
Listed by Elissa Lithman · Coldwell Banker Realty
Typesingle_family
Built1947
Price / sqft$362
Est. value (own analysis)$6,500,470
Rent estimate (Zillow ZIP avg)$2,928/mo
HOANone
1 / 61
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Statusfor_sale
Listed date2026-05-28
Removed date—
MLSMiamiMLS #A12026139
Coordinates25.78715, -80.14254
Address1460 West Ave
CityMiami Beach
StateFL
Zip33139
Listing ID6689912335
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,791,000 |
| Down payment (20.0%) | $358,200 |
| Loan amount | $1,432,800 |
| Closing costs (5.0%) | $89,550 |
| Total cash to close | $447,750 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,928$35,142 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,694$32,330 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,836$34,029 |
| Insurance (placeholder 0.8% of price) | $1,194$14,328 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $146$1,757 |
| Total operating expenses | $4,176$50,114 |
| 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) | $146$1,757 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 2 | 2 | 1,619 | $7,000 | 2026-07-03 | — | |
| single_family | 2 | 2 | 1,100 | $4,000 | — | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 1511 NE 13th Pl | single_family | 2 | 2 | 1,835 | $6,500,000 | 2026-08-06 |
| 330 W Rivo Alto Dr | single_family | 2 | 3 | 2,005 | $9,071,000 | 2026-05-15 |
| 1438 Jefferson Ave | single_family | 2 | 2 | 1,276 | $1,675,000 | 2026-04-30 |
| 29 E San Marino Dr | single_family | 2 | 3 | 2,922 | $28,500,000 | 2026-03-24 |
| 1339 S Venetian Way | single_family | 2 | 1 | 1,722 | $2,725,000 | 2026-02-03 |
| 755 Alton Rd Apt 1 | single_family | 2 | 2 | 4,100 | $425,000 | 2026-01-21 |
| 755 Alton Rd | single_family | 2 | 2 | 4,100 | $600,000 | 2026-01-16 |
| 755 Alton Rd Apt 3 | single_family | 2 | 2 | 4,100 | $600,000 | 2026-01-16 |
| 626 Lincoln Rd | single_family | 2 | 1 | 848 | $129,000 | 2025-12-31 |
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 |
|---|---|---|---|---|---|---|
| 1000 Venetian Way Apt 408 | condos | 2 | 2 | 1,370 | $1,600,000 | — |
| 1000 Venetian Way Apt 1004 | condos | 2 | 2 | 1,720 | $2,595,000 | — |
| 1228 West Ave Apt 604 | condos | 2 | 2 | 750 | $440,000 | — |
| 1881 Washington Ave Apt 2G | condos | 2 | 1 | 830 | $380,000 | — |
| 1460 Ocean Dr Apt 205 | condos | 2 | 2 | 910 | $425,000 | — |
| 243 Meridian Ave Apt 113 | condos | 2 | 3 | 1,240 | $1,299,000 | — |
| 928 Euclid Ave Apt 6 | condos | 2 | 2 | 1,063 | $360,000 | — |
| 802 Euclid Ave Apt 305 | condos | 2 | 2 | 870 | $380,000 | — |
10-year hold projection
IRR-9.5%
Equity multiple-0.61x
Total return (10yr)-$486,162
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,844,730 | -$17,784 | -$130,032 | $1,417,265 | $427,465 |
| 2 | $1,900,072 | -$18,067 | -$130,358 | $1,400,664 | $499,408 |
| 3 | $1,957,074 | -$18,352 | -$130,689 | $1,382,922 | $574,152 |
| 4 | $2,015,786 | -$18,639 | -$131,022 | $1,363,962 | $651,824 |
| 5 | $2,076,260 | -$18,929 | -$131,359 | $1,343,700 | $732,560 |
| 6 | $2,138,548 | -$19,220 | -$131,698 | $1,322,047 | $816,501 |
| 7 | $2,202,704 | -$19,513 | -$132,041 | $1,298,907 | $903,797 |
| 8 | $2,268,785 | -$19,808 | -$132,387 | $1,274,177 | $994,608 |
| 9 | $2,336,849 | -$20,104 | -$132,736 | $1,247,750 | $1,089,099 |
| 10 | $2,406,954 | -$20,402 | -$133,087 | $1,219,507 | $1,187,447 |
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.