2137 NW 99th Ter
Miami, FL 33147 · multi_family · For Sale · 35 days on market
Asking price$620,000
5 beds 4 baths 1,890 sqft
Suggested offer$568,588$51,412 above the est. market value of $568,588.
View on Realtor.com →Listed by Melissa Miller · EXP Realty, LLC.
Typemulti_family
Built1971
Price / sqft$328
Est. value (own analysis)$568,588
Rent estimate (building total, own analysis)$4,234/mo
HOANone
1 / 35
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Statusfor_sale
Listed date2026-07-29
Removed date—
MLSMiamiMLS #A12060324
Coordinates25.86538, -80.23292
Address2137 NW 99th Ter
CityMiami
StateFL
Zip33147
Listing ID6886656915
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) | $4,234$50,803 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,895$46,739 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $982$11,780 |
| Insurance (placeholder 0.8% of price) | $413$4,960 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $212$2,540 |
| Total operating expenses | $1,607$19,280 |
| 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) | $212$2,540 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 9828 NW 26th Ave | multi_family | — | — | 1,654 | $575,000 | 2026-08-19 |
| 2316-2318 NW 98th St | multi_family | — | — | 1,854 | $635,000 | 2026-07-31 |
| 2121 NW 72nd St | multi_family | 6 | 4 | 1,850 | $699,900 | 2026-07-29 |
| 2934 NW 94th St | multi_family | — | — | 1,944 | $690,000 | 2026-07-29 |
| 6930 NW 15th Ave | multi_family | — | — | 1,687 | $165,000 | 2026-07-17 |
| 6885650735 | multi_family | — | — | 2,124 | $627,000 | 2026-07-17 |
| 1900 NW 88th St | multi_family | — | — | 2,143 | $520,000 | 2026-07-13 |
| 2346 NW 103rd St | multi_family | 3 | 2 | 1,660 | $400,000 | 2026-06-29 |
| 9615 NW 26th Ave | multi_family | — | — | 2,512 | $620,000 | 2026-06-26 |
| 2419 NW 101st St | multi_family | — | — | 2,397 | $730,000 | 2026-06-26 |
| 8351 NW 15th Ave | multi_family | 3 | 2 | 1,823 | $360,000 | 2026-06-23 |
| 9200 NW 32nd Ct | multi_family | 9 | 2 | 3,332 | $797,900 | 2026-06-09 |
| 2113 NW 93rd St | multi_family | 2 | 2 | 1,012 | $435,000 | 2026-06-05 |
| 8367 NW 14th Ct | multi_family | 3 | 2 | 1,350 | $520,000 | 2026-05-11 |
| 1855 NW 93rd Ter | multi_family | — | — | 1,740 | $550,000 | 2026-05-01 |
| 1511 NW 64th St | multi_family | — | — | 1,508 | $245,000 | 2026-04-21 |
| 8201 NW 15th Ave | multi_family | — | — | 1,136 | $449,000 | 2026-03-31 |
| 1821 NW 74th St | multi_family | — | — | 1,250 | $499,900 | 2026-03-27 |
| 2986 NW 91st St | multi_family | 4 | 3 | 2,114 | $675,000 | 2026-03-13 |
| 1817 NW 90th St | multi_family | 4 | 1 | 2,171 | $299,900 | 2026-02-27 |
| 2155 NW 64th St | multi_family | — | — | 2,380 | $600,000 | 2026-01-12 |
| 3285 NW 92nd St | multi_family | 6 | 1 | 2,057 | $610,000 | 2026-01-06 |
| 9164 NW 30th Ct | multi_family | 4 | 2 | 1,440 | $578,000 | 2026-01-02 |
| 3121 NW 103rd St | multi_family | 4 | 2 | 2,077 | $650,000 | 2025-12-30 |
| 2380 NW 101st St | multi_family | — | — | 1,218 | $610,000 | 2025-12-23 |
| 2941 NW 96th St | multi_family | 6 | 2 | 2,373 | $600,000 | 2025-12-16 |
| 1370 NW 100th Ter | multi_family | — | — | 2,053 | $610,000 | 2025-12-02 |
| 1886 NW 85th St | multi_family | 3 | 2 | 1,957 | $330,000 | 2025-10-28 |
| 2306 NW 102nd St | multi_family | — | — | 2,656 | $699,000 | 2025-10-08 |
| 1780 NW 68th Ter | multi_family | 6 | 6 | 2,400 | $775,000 | 2025-09-29 |
| 1935 NW 95th Ter | multi_family | — | — | 2,496 | $695,000 | 2025-09-25 |
| 10340 NW 29th Ave | multi_family | — | — | — | $810,000 | 2025-09-16 |
| 2820 NW 95th St | multi_family | — | — | 1,798 | $708,000 | 2025-09-05 |
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 |
|---|---|---|---|---|---|---|
| 2367 NW 82nd St | multi_family | 5 | 4 | 1,623 | $569,000 | — |
| 1935 NW 76th St | single_family | 5 | 3 | — | $438,000 | — |
| 9001 NW 32nd Court Rd | single_family | 5 | 3 | 1,449 | $599,998 | — |
| 8841 NW 14th Ave | single_family | 5 | 3 | 1,824 | $725,000 | — |
| 2345 NW 65th St | multi_family | 5 | 2 | 1,808 | $619,900 | — |
| 2352 NW 102nd St | multi_family | 5 | 3 | 1,969 | $619,999 | — |
| 2406 NW 67th St | multi_family | 5 | 3 | 1,530 | $589,000 | — |
| 3035 NW 93rd St | multi_family | 5 | 4 | 2,641 | $950,000 | — |
10-year hold projection
IRR4.6%
Equity multiple1.74x
Total return (10yr)$195,921
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $638,600 | $27,459 | -$13,331 | $490,622 | $147,978 |
| 2 | $657,758 | $28,379 | -$12,474 | $484,875 | $172,883 |
| 3 | $677,491 | $29,329 | -$11,589 | $478,734 | $198,757 |
| 4 | $697,815 | $30,310 | -$10,674 | $472,170 | $225,645 |
| 5 | $718,750 | $31,323 | -$9,730 | $465,156 | $253,594 |
| 6 | $740,312 | $32,370 | -$8,754 | $457,660 | $282,652 |
| 7 | $762,522 | $33,450 | -$7,745 | $449,649 | $312,872 |
| 8 | $785,397 | $34,565 | -$6,704 | $441,089 | $344,309 |
| 9 | $808,959 | $35,716 | -$5,628 | $431,940 | $377,019 |
| 10 | $833,228 | $36,905 | -$4,516 | $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.