9553 NW 26th Ave
Miami, FL 33147 · multi_family · For Sale · 112 days on market
Asking price$620,000
3 beds 2 baths 1,520 sqft
Suggested offer$333,214$286,786 above the est. market value of $333,214.
View on Realtor.com →Listed by Belkis Cruz · Black Key Realty
Typemulti_family
Built1949
Price / sqft$408
Est. value (own analysis)$333,214
Rent estimate (building total, own analysis)$3,405/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
1 / 2
Show every detail
Statusfor_sale
Listed date2026-05-13
Removed date—
MLSMiamiMLS #A12016849
Coordinates25.86179, -80.24095
Address9553 NW 26th Ave
CityMiami
StateFL
Zip33147
Listing ID6877973951
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33147)
Typical home value (ZHVI)$444,132
Typical rent (ZORI)$2,154/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 | $620,000 |
| Down payment (20.0%) | $124,000 |
| Loan amount | $496,000 |
| Closing costs (5.0%) | $31,000 |
| Total cash to close | $155,000 |
| Income | |
| Rent (estimate) | $3,405$40,858 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,132$37,589 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $982$11,780 |
| Insurance (est. scaled by flood & wind risk) | $723$8,680 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $170$2,043 |
| Total operating expenses | $1,875$22,503 |
| 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) | $170$2,043 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| multi_family | 3 | 2 | 1,000 | $2,900 | 2026-08-18 | — |
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 |
|---|---|---|---|---|---|---|
| 2346 NW 103rd St | multi_family | 3 | 2 | 1,660 | $400,000 | 2026-06-29 |
| 8351 NW 15th Ave | multi_family | 3 | 2 | 1,823 | $360,000 | 2026-06-23 |
| 8367 NW 14th Ct | multi_family | 3 | 2 | 1,350 | $520,000 | 2026-05-11 |
| 1886 NW 85th St | multi_family | 3 | 2 | 1,957 | $330,000 | 2025-10-28 |
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 |
|---|---|---|---|---|---|---|
| 1891 NW 62nd Ter | single_family | 3 | 2 | 1,376 | $399,000 | — |
| 8400 NW 24th Ct | single_family | 3 | 1 | 880 | $449,900 | — |
| 1530 NW 68th Ter | single_family | 3 | 1 | 985 | $350,000 | — |
| 6234 NW 19th Ct | single_family | 3 | 2 | 1,104 | $479,999 | — |
| 1925 NW 85th St | single_family | 3 | 1 | 1,020 | $389,900 | — |
| 1829 NW 62nd Ter | single_family | 3 | 2 | 790 | $425,000 | — |
| 3074 NW 64th St | single_family | 3 | 2 | 1,224 | $500,000 | — |
| 1780 NW 73rd St | single_family | 3 | 3 | 1,034 | $430,000 | — |
10-year hold projection
IRR-0.8%
Equity multiple0.87x
Total return (10yr)$60,493
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $638,600 | $15,086 | -$25,206 | $490,622 | $147,978 |
| 2 | $657,758 | $15,651 | -$24,692 | $484,875 | $172,883 |
| 3 | $677,491 | $16,236 | -$24,159 | $478,734 | $198,757 |
| 4 | $697,815 | $16,841 | -$23,608 | $472,170 | $225,645 |
| 5 | $718,750 | $17,468 | -$23,036 | $465,156 | $253,594 |
| 6 | $740,312 | $18,116 | -$22,444 | $457,660 | $282,652 |
| 7 | $762,522 | $18,787 | -$21,831 | $449,649 | $312,872 |
| 8 | $785,397 | $19,481 | -$21,197 | $441,089 | $344,309 |
| 9 | $808,959 | $20,199 | -$20,539 | $431,940 | $377,019 |
| 10 | $833,228 | $20,942 | -$19,858 | $422,163 | $411,065 |
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.