16470 NE 30th Ave

North Miami Beach, FL 33160 · single_family · For Sale · 92 days on market
Asking price$14,500,000
5 beds 8 baths 5,347 sqft
Suggested offer$4,604,890$9,895,110 above the est. market value of $4,604,890.
View on Realtor.com →
Listed by Chad Carroll · COMPASS
Typesingle_family
Built2019
Price / sqft$2712
Est. value (own analysis)$4,604,890
Rent estimate (own analysis)$44,000/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood7/10severe$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-06-02
Removed date
MLSMiamiMLS #A12027348
Coordinates25.92951, -80.14210
Address16470 NE 30th Ave
CityNorth Miami Beach
StateFL
Zip33160
Listing ID6704795967
Sourceus-real-estate-listings, cached 2026-08-31

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)

Purchase price$14,500,000
Down payment (20.0%)$2,900,000
Loan amount$11,600,000
Closing costs (5.0%)$725,000
Total cash to close$3,625,000
Rent (comp-derived)$44,000$528,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$528,000
Vacancy rate (assumption) assumption8.0%

$528,000 × 8.0% = $42,240

Effective gross income$40,480$485,760
Property tax (placeholder 1.9% of price)$22,958$275,500
Insurance (est. scaled by flood & wind risk)$18,850$226,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$2,200$26,400
Total operating expenses$44,008$528,100
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$485,760
Total operating expenses derived$528,100

$485,760 − $528,100 = -$42,340

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$11,600,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$11,600,000 amortized at 6.7% over 30 years = $74,545/mo

CapEx reserve (5.0% of GSR)$2,200$26,400
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-$42,340
Annual debt service derived$894,537
Annual CapEx reserve assumption$26,400
Annual PMI assumption$0

(-$42,340 − $894,537 − $26,400 − $0) ÷ 12 = -$80,273

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$42,340
Purchase price data$14,500,000

-$42,340 ÷ $14,500,000 = -0.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$963,277
Total cash to close derived$3,625,000

-$963,277 ÷ $3,625,000 = -26.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$42,340
Annual debt service derived$894,537

-$42,340 ÷ $894,537 = -0.05

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$528,000
Purchase price data$14,500,000

($528,000 ÷ 12) ÷ $14,500,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$14,500,000
Gross scheduled rent (annual) comp$528,000

$14,500,000 ÷ $528,000 = 27.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$528,100
Effective gross income derived$485,760

$528,100 ÷ $485,760 = 108.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$528,100
Annual debt service derived$894,537
Annual PMI assumption$0
Gross scheduled rent (annual) comp$528,000

($528,100 + $894,537 + $0) ÷ $528,000 = 269.4%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family573,955$38,0002026-08-13
single_family565,492$60,0002025-12-17
single_family565,036$35,0002026-06-04
single_family564,759$50,0002026-05-05

3343 NE 166th St

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms5 bd / 7 ba
Square footage3,955
Listed2026-08-13
Days on market

Asking rent: $38,000

View on Zillow →

3260 NE 165th St

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage5,492
Listed2025-12-17
Days on market

Asking rent: $60,000

View on Zillow →

278 190th St

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage5,036
Listed2026-06-04
Days on market

Asking rent: $35,000

View on Zillow →

3300 NE 170th St

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage4,759
Listed2026-05-05
Days on market

Asking rent: $50,000

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
262 189th Tersingle_family564,140$5,325,0002026-08-17
625 Ocean Blvdsingle_family546,734$24,000,0002026-08-13
465 Golden Beach Drsingle_family553,674$4,500,0002026-07-01
3443 NE 166th Stsingle_family553,083$2,000,0002026-05-21
333 Golden Beach Drsingle_family554,810$4,000,0002026-05-19
3942 194th Lnsingle_family553,339$2,450,0002026-04-07
3914 Island Estates Drsingle_family566,522$10,000,0002026-03-23
2531 NE 182nd Stsingle_family553,302$1,740,0002025-12-15
2531 NE 182single_family554,035$1,740,0002025-12-05
250 190th Stsingle_family564,378$3,900,0002025-09-29

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
18825 N Bay Rdsingle_family55$3,500,000
268 S Parkwaysingle_family544,019$14,800,000
4027 194th Trlsingle_family553,403$3,890,000
2950 NE 164th Stsingle_family565,796$7,450,000
3960 194th Trlsingle_family553,291$2,950,000
16414 NE 33rd Avesingle_family562,053$3,699,000
16430 NE 30th Avesingle_family555,027$6,175,000
300 Sunny Isles Blvd Ph 3condos563,722$3,500,000

10-year hold projection

IRR-7.8%
Equity multiple-0.32x
Total return (10yr)-$2,875,339
YearProperty valueNOICash flowLoan balanceEquity
1$14,935,000-$42,340-$963,277$11,474,230$3,460,770
2$15,383,050-$40,970-$962,566$11,339,824$4,043,226
3$15,844,542-$39,492-$961,765$11,196,188$4,648,354
4$16,319,878-$37,903-$960,869$11,042,688$5,277,190
5$16,809,474-$36,196-$959,874$10,878,647$5,930,827
6$17,313,758-$34,368-$958,774$10,703,341$6,610,418
7$17,833,171-$32,411-$957,564$10,515,997$7,317,175
8$18,368,166-$30,321-$956,239$10,315,787$8,052,379
9$18,919,211-$28,092-$954,795$10,101,829$8,817,382
10$19,486,788-$25,718-$953,225$9,873,179$9,613,609
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.