11183 NW 7th St Unit 204-20
Miami, FL 33172 · condos · For Sale · 24 days on market
Asking price$279,000
1 beds 1 baths 767 sqft
Suggested offer$198,699$80,301 above the est. market value of $198,699.
View on Realtor.com →Listed by Ivania Alvarado · Net Realty Services
Typecondos
Built1987
Price / sqft$364
Est. value (own analysis)$198,699
Rent estimate (own analysis)$2,120/mo
HOA$216/mo
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Statusfor_sale
Listed date2026-08-09
Removed date—
MLSMiamiMLS #A12068036
Coordinates25.77698, -80.37512
Address11183 NW 7th St Unit 204-20
CityMiami
StateFL
Zip33172
Listing ID6759766381
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33172)
Typical home value (ZHVI)$300,752
Typical rent (ZORI)$2,402/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 | $279,000 |
| Down payment (20.0%) | $55,800 |
| Loan amount | $223,200 |
| Closing costs (5.0%) | $13,950 |
| Total cash to close | $69,750 |
| Income | |
| Rent (comp-derived) | $2,120$25,440 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,950$23,405 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $442$5,301 |
| Insurance (placeholder 0.8% of price) | $186$2,232 |
| HOA dues | $216$2,592 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $106$1,272 |
| Total operating expenses | $950$11,397 |
| 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) | $106$1,272 |
| 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 |
|---|---|---|---|---|---|---|---|
| apartment | 1 | 1 | 800 | $1,829 | 2025-03-21 | — | |
| apartment | 1 | 1 | 694 | $2,194 | 2026-03-26 | — | |
| condos | 1 | 1 | 898 | $2,150 | 2026-08-14 | — | |
| condos | 1 | 1 | 676 | $2,000 | 2026-08-11 | — | |
| apartment | 1 | 1 | 800 | $2,120 | 2026-08-10 | — | |
| apartment | 1 | 1 | 665 | $1,945 | 2026-08-10 | — | |
| condos | 1 | 2 | 922 | $2,150 | 2026-08-09 | — | |
| condos | 1 | 1 | 676 | $1,900 | 2026-08-08 | — | |
| apartment | 1 | 1 | 640 | $1,940 | 2024-04-12 | — | |
| condos | 1 | 1 | 849 | $1,875 | 2026-07-24 | — | |
| apartment | 1 | 1 | 686 | $1,846 | 2025-09-17 | — | |
| condos | 1 | 1 | 770 | $1,995 | 2026-07-17 | — | |
| condos | 1 | 1 | 676 | $1,775 | 2026-07-16 | — | |
| condos | 1 | 1 | 773 | $1,950 | 2026-07-15 | — | |
| condos | 1 | 1 | 690 | $1,950 | 2026-07-15 | — | |
| condos | 1 | 1 | 690 | $1,950 | 2026-07-10 | — | |
| apartment | 1 | 1 | 898 | $2,100 | 2026-06-24 | — | |
| condos | 1 | 1 | 838 | $2,000 | 2026-06-23 | — | |
| condos | 1 | 1 | 839 | $1,700 | 2026-06-22 | — | |
| apartment | 1 | 2 | 922 | $2,150 | 2026-06-20 | — | |
| condos | 1 | 1 | 838 | $1,950 | 2026-06-19 | — | |
| condos | 1 | 2 | 817 | $1,950 | 2026-06-12 | — | |
| condos | 1 | 1 | 690 | $2,100 | 2026-05-13 | — | |
| condos | 1 | 1 | 676 | $1,850 | 2026-08-04 | — | |
| condos | 1 | 1 | 813 | $1,875 | 2026-08-01 | — | |
| condos | 1 | 1 | 690 | $1,850 | 2026-07-30 | — | |
| apartment | 1 | 2 | 922 | $2,250 | 2026-07-30 | — | |
| condos | 1 | 1 | 839 | $1,900 | 2026-07-28 | — | |
| apartment | 1 | 2 | 922 | $2,150 | — | — | |
| apartment | 1 | 1 | 800 | $2,120 | — | — | |
| apartment | 1 | 1 | 640 | $2,060 | — | — | |
| apartment | 1 | 1 | 765 | $2,213 | — | — | |
| apartment | 1 | 1 | 763 | $2,331 | — | — | |
| apartment | 1 | 1 | 765 | $2,345 | — | — | |
| apartment | 1 | 1 | 794 | $2,304 | — | — | |
| apartment | 1 | 1 | 763 | $2,306 | — | — | |
| apartment | 1 | 1 | 694 | $2,280 | — | — | |
| apartment | 1 | 1 | 763 | $2,321 | — | — | |
| apartment | 1 | 1 | 794 | $2,304 | — | — | |
| apartment | 1 | 1 | 794 | $2,294 | — | — | |
| apartment | 1 | 1 | 763 | $2,346 | — | — | |
| apartment | 1 | 1 | 763 | $2,356 | — | — | |
| apartment | 1 | 1 | 763 | $2,331 | — | — | |
| apartment | 1 | 1 | 640 | $2,045 | — | — | |
| apartment | 1 | 1 | 660 | $2,040 | — | — | |
| condos | 1 | 1 | 838 | $2,100 | 2026-08-28 | — | |
| condos | 1 | 1 | 690 | $1,850 | 2026-08-27 | — | |
| apartment | 1 | 1 | 700 | $1,850 | 2025-08-15 | — | |
| apartment | 1 | 1 | 760 | $2,400 | 2025-12-04 | — | |
| apartment | 1 | 1 | 746 | $1,970 | 2025-12-03 | — | |
| condos | 1 | 1 | 600 | $1,800 | 2026-07-28 | — | |
| condos | 1 | 1 | 600 | $1,800 | 2026-06-18 | — | |
| condos | 1 | 1 | 600 | $1,750 | 2026-08-10 | — | |
| condos | 1 | 1 | 600 | $1,800 | 2026-08-19 | — | |
| condos | 1 | 1 | 676 | $1,950 | 2026-08-22 | — | |
| condos | 1 | 2 | 839 | $2,000 | 2026-08-24 | — | |
| condos | 1 | 1 | 700 | $1,970 | 2026-02-25 | — | |
| apartment | 1 | 1 | 798 | $2,394 | — | — | |
| apartment | 1 | 1 | 650 | $2,105 | — | — | |
| apartment | 1 | 1 | 770 | $2,285 | — | — | |
| apartment | 1 | 1 | 763 | $2,331 | — | — | |
| apartment | 1 | 1 | 763 | $2,321 | — | — | |
| apartment | 1 | 1 | 735 | $2,110 | — | — | |
| apartment | 1 | 1 | 735 | $2,190 | — | — | |
| apartment | 1 | 1 | 675 | $2,150 | — | — | |
| apartment | 1 | 1 | 750 | $2,205 | — | — | |
| apartment | 1 | 1 | 794 | $2,309 | — | — | |
| apartment | 1 | 1 | 765 | $2,370 | — | — | |
| apartment | 1 | 1 | 763 | $2,377 | — | — | |
| apartment | 1 | 1 | 794 | $2,279 | — | — | |
| apartment | 1 | 1 | 694 | $2,235 | — | — | |
| apartment | 1 | 1 | 763 | $2,377 | — | — | |
| apartment | 1 | 1 | 763 | $2,402 | — | — | |
| apartment | 1 | 1 | 763 | $2,402 | — | — | |
| apartment | 1 | 1 | 794 | $2,329 | — | — | |
| apartment | 1 | 1 | 763 | $2,377 | — | — | |
| apartment | 1 | 1 | 765 | $2,385 | — | — | |
| apartment | 1 | 1 | 763 | $2,402 | — | — | |
| apartment | 1 | 1 | 765 | $2,345 | — | — | |
| apartment | 1 | 1 | 680 | $2,250 | 2026-06-29 | — | |
| apartment | 1 | 1 | 650 | $2,120 | — | — | |
| apartment | 1 | 1 | 800 | $2,176 | 2026-08-31 | — | |
| condos | 1 | 1 | 690 | $1,940 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 9375 Fontainebleau Blvd Apt L315 | condos | 1 | 2 | 1,149 | $246,000 | 2026-08-14 |
| 9369 Fontainebleau Blvd Apt J107 | condos | 1 | 2 | 1,149 | $240,000 | 2026-08-04 |
| 220 NW 107th Ave Apt 101 | condos | 1 | 1 | 580 | $180,000 | 2026-07-28 |
| 8895 Fontainebleau Blvd Apt 301 | condos | 1 | 1 | 769 | $200,000 | 2026-07-27 |
| 9360 Fontainebleau Blvd Apt 503 | condos | 1 | 1 | 690 | $220,000 | 2026-07-17 |
| 9280 Fontainebleau Blvd Apt 505 | condos | 1 | 1 | 838 | $225,000 | 2026-07-10 |
| 200 NW 107th Ave Apt 104 | condos | 1 | 1 | 770 | $240,000 | 2026-07-02 |
| 9180 Fontainebleau Blvd Apt 302 | condos | 1 | 1 | 838 | $196,000 | 2026-06-30 |
| 130 NW 87th Ave Apt H107 | condos | 1 | 2 | 948 | $245,000 | 2026-06-30 |
| 9365 Fontainebleau Blvd Apt E117 | condos | 1 | 2 | 1,149 | $210,000 | 2026-05-21 |
| 100 NW 87th Ave Apt E102 | condos | 1 | 2 | 948 | $245,000 | 2026-04-16 |
| 9460 Fontainebleau Blvd Apt 421 | condos | 1 | 1 | 695 | $180,000 | 2026-04-09 |
| 706 NW 87th Ave Apt 212 | condos | 1 | 1 | 849 | $220,000 | 2026-02-23 |
| 9460 Fontainebleau Blvd Apt 528 | condos | 1 | 1 | 676 | $218,000 | 2026-02-05 |
| 9371 Fontainebleau Blvd Apt I112 | condos | 1 | 2 | 1,149 | $197,918 | 2026-01-30 |
| 401 NW 107th Ave Apt 107 | condos | 1 | 1 | 893 | $245,000 | 2026-01-15 |
| 9120 Fontainebleau Blvd Apt 404 | condos | 1 | 1 | 776 | $225,000 | 2026-01-01 |
| 686 NW 114th Ave Apt 202 | condos | 1 | 1 | 600 | $199,000 | 2025-12-10 |
| 9359 Fontainebleau Blvd Apt F210 | condos | 1 | 2 | 1,149 | $285,000 | 2025-12-01 |
| 9365 Fontainebleau Blvd Apt E209 | condos | 1 | 2 | 1,125 | $215,000 | 2025-11-14 |
| 8850 Fontainebleau Blvd Apt 404 | condos | 1 | 1 | 680 | $200,000 | 2025-10-31 |
| 9360 Fontainebleau Blvd Apt 413 | condos | 1 | 1 | 690 | $210,000 | 2025-10-28 |
| 9367 Fontainebleau Blvd Apt G239 | condos | 1 | 2 | 1,125 | $225,000 | 2025-10-10 |
| 9365 Fontainebleau Blvd Apt E207 | condos | 1 | 2 | 1,125 | $240,000 | 2025-10-08 |
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 |
|---|---|---|---|---|---|---|
| 9190 Fontainebleau Blvd Apt 202 | condos | 1 | 1 | 838 | $248,000 | — |
| 30 NW 87th Ave Apt C201 | condos | 1 | 2 | 922 | $250,000 | — |
| 9375 Fontainebleau Blvd Apt L219 | condos | 1 | 2 | 1,125 | $245,000 | — |
| 310 Fontainebleau Blvd Apt 204 | condos | 1 | 1 | 620 | $255,000 | — |
| 702 NW 87th Ave Apt 213 | condos | 1 | 1 | 839 | $195,900 | — |
| 9678 Fontainebleau Blvd Apt 311 | condos | 1 | 2 | 914 | $199,001 | — |
| 9688 Fontainebleau Blvd Apt 502 | condos | 1 | 1 | 813 | $207,000 | — |
| 9731 Fontainebleau Blvd Unit F214 | condos | 1 | 1 | 898 | $249,000 | — |
10-year hold projection
IRR4.2%
Equity multiple1.67x
Total return (10yr)$83,432
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $287,370 | $12,008 | -$6,476 | $220,780 | $66,590 |
| 2 | $295,991 | $12,425 | -$6,091 | $218,194 | $77,797 |
| 3 | $304,871 | $12,856 | -$5,692 | $215,430 | $89,441 |
| 4 | $314,017 | $13,302 | -$5,280 | $212,477 | $101,540 |
| 5 | $323,437 | $13,762 | -$4,854 | $209,320 | $114,117 |
| 6 | $333,141 | $14,238 | -$4,413 | $205,947 | $127,193 |
| 7 | $343,135 | $14,730 | -$3,958 | $202,343 | $140,792 |
| 8 | $353,429 | $15,238 | -$3,487 | $198,490 | $154,938 |
| 9 | $364,032 | $15,762 | -$3,000 | $194,374 | $169,658 |
| 10 | $374,953 | $16,305 | -$2,496 | $189,974 | $184,979 |
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.