451 NE 136th St Unit I101
North Miami, FL 33161 · townhomes · For Sale · 61 days on market
Asking price$310,000
3 beds 3 baths 1,360 sqft
Suggested offer$288,062$21,938 above the est. market value of $288,062.
View on Realtor.com →Listed by Luis Apa · Nv Realty
Typetownhomes
Built1992
Price / sqft$228
Est. value (own analysis)$288,062
Rent estimate (own analysis)$2,500/mo
HOA$552/mo
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-07-04
Removed date—
MLSMiamiMLS #A12047978
Coordinates25.90042, -80.19043
Address451 NE 136th St Unit I101
CityNorth Miami
StateFL
Zip33161
Listing ID6752951236
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33161)
Typical home value (ZHVI)$498,596
Typical rent (ZORI)$2,323/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 | $310,000 |
| Down payment (20.0%) | $62,000 |
| Loan amount | $248,000 |
| Closing costs (5.0%) | $15,500 |
| Total cash to close | $77,500 |
| Income | |
| Rent (comp-derived) | $2,500$30,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,300$27,600 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $491$5,890 |
| Insurance (est. scaled by flood & wind risk) | $362$4,340 |
| HOA dues | $552$6,624 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $125$1,500 |
| Total operating expenses | $1,530$18,354 |
| 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) | $125$1,500 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 2 | 2,356 | $2,500 | 2026-08-19 | — | |
| townhomes | 3 | 2 | 1,010 | $2,400 | 2026-04-18 | — | |
| townhomes | 3 | 2 | — | $3,650 | 2026-06-17 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 14225 Memorial Hwy # 1F | townhomes | 2 | 2 | 1,182 | $285,000 | 2026-08-24 |
| 14220 NE 3rd Ct Unit 10A | townhomes | 3 | 2 | 1,200 | $200,000 | 2026-08-24 |
| 14333 Memorial Hwy Unit 9K | townhomes | 2 | 2 | 1,182 | $295,000 | 2026-08-12 |
| 14204 NE 3rd Ct Unit 8C | townhomes | 3 | 2 | 1,200 | $219,000 | 2026-02-25 |
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 |
|---|---|---|---|---|---|---|
| 10901 NE 3rd Ave | single_family | 3 | 2 | 1,158 | $1,149,999 | — |
| 480 NE 109th St | single_family | 3 | 3 | 1,808 | $1,015,000 | — |
| 1065 NE 107th St | single_family | 3 | 2 | 1,498 | $750,000 | — |
| 1566 NE 110th St | single_family | 3 | 2 | 1,136 | $810,000 | — |
| 1390 NE 150th St | single_family | 3 | 2 | 900 | $510,000 | — |
| 395 NE 112th St | single_family | 3 | 2 | 1,008 | $570,000 | — |
| 11150 Peachtree Dr | single_family | 3 | 2 | 1,114 | $625,000 | — |
| 1258 NE 109th St | single_family | 3 | 2 | 1,861 | $648,995 | — |
10-year hold projection
IRR0.5%
Equity multiple1.07x
Total return (10yr)$46,257
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $319,300 | $9,246 | -$11,379 | $245,311 | $73,989 |
| 2 | $328,879 | $9,615 | -$11,047 | $242,438 | $86,441 |
| 3 | $338,745 | $9,998 | -$10,703 | $239,367 | $99,378 |
| 4 | $348,908 | $10,394 | -$10,346 | $236,085 | $112,822 |
| 5 | $359,375 | $10,805 | -$9,976 | $232,578 | $126,797 |
| 6 | $370,156 | $11,230 | -$9,592 | $228,830 | $141,326 |
| 7 | $381,261 | $11,671 | -$9,193 | $224,825 | $156,436 |
| 8 | $392,699 | $12,127 | -$8,780 | $220,545 | $172,154 |
| 9 | $404,480 | $12,600 | -$8,352 | $215,971 | $188,509 |
| 10 | $416,614 | $13,090 | -$7,908 | $211,083 | $205,532 |
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.