3901 SW 78th Ct Apt 221
Miami, FL 33155 · condos · For Sale · 148 days on market
Asking price$205,000
1 beds 1 baths 582 sqft
Listed by Javier Rodriguez · EXP Realty, LLC
Typecondos
Built1965
Price / sqft$352
Est. value (own analysis)$214,985
Rent estimate (own analysis)$2,315/mo
HOA$380/mo
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-04-07
Removed date—
MLSMiamiMLS #A11993381
Coordinates25.73424, -80.32181
Address3901 SW 78th Ct Apt 221
CityMiami
StateFL
Zip33155
Listing ID6795386447
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33155)
Typical home value (ZHVI)$716,503
Typical rent (ZORI)$2,758/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 | $205,000 |
| Down payment (20.0%) | $41,000 |
| Loan amount | $164,000 |
| Closing costs (5.0%) | $10,250 |
| Total cash to close | $51,250 |
| Income | |
| Rent (comp-derived) | $2,315$27,774 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,129$25,552 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $325$3,895 |
| Insurance (est. scaled by flood & wind risk) | $219$2,624 |
| HOA dues | $380$4,560 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $116$1,389 |
| Total operating expenses | $1,039$12,468 |
| 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) | $116$1,389 |
| 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 | 749 | $2,550 | 2024-06-11 | — | |
| apartment | 1 | 1 | 670 | $2,295 | 2025-10-04 | — | |
| apartment | 1 | 1 | 725 | $1,650 | 2026-08-14 | — | |
| apartment | 1 | 1 | 750 | $2,166 | 2025-11-11 | — | |
| condos | 1 | 1 | 540 | $1,650 | 2026-08-05 | — | |
| condos | 1 | 1 | 633 | $1,850 | 2026-07-27 | — | |
| condos | 1 | 1 | 628 | $1,800 | 2026-07-26 | — | |
| apartment | 1 | 1 | 675 | $1,760 | 2026-09-01 | — | |
| condos | 1 | 1 | 622 | $1,750 | 2026-06-25 | — | |
| condos | 1 | 1 | 519 | $1,650 | 2026-06-08 | — | |
| apartment | 1 | 1 | 750 | $2,605 | 2026-05-07 | — | |
| condos | 1 | 1 | 711 | $2,275 | 2026-08-02 | — | |
| apartment | 1 | 1 | 550 | $1,750 | 2026-03-05 | — | |
| apartment | 1 | 1 | 500 | $1,700 | 2026-08-24 | — | |
| condos | 1 | 1 | 533 | $1,700 | 2026-03-09 | — | |
| apartment | 1 | 1 | 605 | $2,209 | — | — | |
| apartment | 1 | 1 | 750 | $2,837 | — | — | |
| apartment | 1 | 1 | 745 | $2,757 | — | — | |
| apartment | 1 | 1 | 700 | $2,399 | — | — | |
| apartment | 1 | 1 | 750 | $2,797 | — | — | |
| apartment | 1 | 1 | 750 | $2,791 | — | — | |
| apartment | 1 | 1 | 750 | $2,191 | — | — | |
| apartment | 1 | 1 | 750 | $2,843 | — | — | |
| apartment | 1 | 1 | 750 | $2,862 | — | — | |
| apartment | 1 | 1 | 749 | $2,385 | — | — | |
| apartment | 1 | 1 | 749 | $2,490 | — | — | |
| apartment | 1 | 1 | 750 | $2,754 | — | — | |
| apartment | 1 | 1 | 749 | $2,698 | — | — | |
| apartment | 1 | 1 | 749 | $2,622 | — | — | |
| apartment | 1 | 1 | 750 | $2,206 | — | — | |
| apartment | 1 | 1 | 765 | $2,679 | — | — | |
| apartment | 1 | 1 | 674 | $2,444 | — | — | |
| apartment | 1 | 1 | 674 | $2,334 | — | — | |
| apartment | 1 | 1 | 698 | $2,367 | 2025-12-24 | — | |
| apartment | 1 | 1 | 750 | $1,500 | 2026-08-28 | — | |
| apartment | 1 | 1 | 400 | $1,500 | 2026-08-28 | — |
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 |
|---|---|---|---|---|---|---|
| 4300 SW 67th Ave Apt 17 | condos | 1 | 1 | 572 | $216,000 | 2026-05-26 |
| 4444 SW 67th Ave Unit 6 | condos | 1 | 1 | 516 | $195,000 | 2026-03-24 |
| 6780 SW 44th St Apt 8 | condos | 1 | 1 | 518 | $180,000 | 2026-03-23 |
| 4300 SW 67th Ave Apt 21 | condos | 1 | 1 | 623 | $225,000 | 2026-02-26 |
| 3903 SW 78th Ct Apt 207 | condos | 1 | 1 | 622 | $205,000 | 2025-12-19 |
| 5301 SW 77th Ct Apt 201G | condos | 1 | 1 | 628 | $175,000 | 2025-12-17 |
| 4250 SW 67th Ave Apt 49 | condos | 1 | 1 | — | $205,000 | 2025-12-02 |
| 3855 SW 79th Ave Apt 37 | condos | 1 | 1 | 542 | $208,000 | 2025-10-09 |
| 4444 SW 67th Ave Unit 2 | condos | 1 | 1 | 482 | $210,000 | 2025-09-04 |
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 |
|---|---|---|---|---|---|---|
| 3905 SW 78th Ct Apt 205 | condos | 1 | 1 | 622 | $205,000 | — |
| 3855 SW 79th Ave Apt 27 | condos | 1 | 1 | 542 | $199,999 | — |
| 4550 SW 67th Ave Unit 7 | condos | 1 | 1 | 540 | $199,999 | — |
| 3855 SW 79th Ave Apt 45 | condos | 1 | 1 | 542 | $204,900 | — |
| 4540 SW 68th Court Cir Unit 43-7 | condos | 1 | 2 | 900 | $363,000 | — |
| 7829 Miller Dr Apt B104 | condos | 1 | 1 | 760 | $209,000 | — |
| 3901 SW 78th Ct Unit 1-116 | condos | 1 | 1 | 533 | $200,000 | — |
| 4300 SW 67th Ave Apt 38 | condos | 1 | 1 | 582 | $220,000 | — |
10-year hold projection
IRR9.9%
Equity multiple2.55x
Total return (10yr)$106,135
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $211,150 | $13,084 | -$951 | $162,222 | $48,928 |
| 2 | $217,485 | $13,539 | -$531 | $160,322 | $57,163 |
| 3 | $224,009 | $14,009 | -$97 | $158,291 | $65,718 |
| 4 | $230,729 | $14,495 | $353 | $156,121 | $74,609 |
| 5 | $237,651 | $14,997 | $817 | $153,801 | $83,850 |
| 6 | $244,781 | $15,516 | $1,298 | $151,323 | $93,458 |
| 7 | $252,124 | $16,052 | $1,794 | $148,674 | $103,450 |
| 8 | $259,688 | $16,606 | $2,308 | $145,844 | $113,844 |
| 9 | $267,479 | $17,178 | $2,839 | $142,819 | $124,660 |
| 10 | $275,503 | $17,769 | $3,388 | $139,586 | $135,917 |
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.