3341 NE 170th St

North Miami Beach, FL 33160 · single_family · For Sale · 111 days on market
Asking price$3,500,000
4 beds 3 baths 3,556 sqft
View on Realtor.com →
Listed by Eddie Gurovich · EXP REALTY LLC
Typesingle_family
Built1971
Price / sqft$984
Est. value (own analysis)$3,941,890
Rent estimate (own analysis)$25,000/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood8/10severe$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-05-14
Removed date
MLSBeachesMLS #B26028693
Coordinates25.93691, -80.13914
Address3341 NE 170th St
CityNorth Miami Beach
StateFL
Zip33160
Listing ID6942056362
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33160)

Typical home value (ZHVI)$518,452
Typical rent (ZORI)$3,079/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)

Purchase price$3,500,000
Down payment (20.0%)$700,000
Loan amount$2,800,000
Closing costs (5.0%)$175,000
Total cash to close$875,000
Rent (comp-derived)$25,000$300,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$300,000
Vacancy rate (assumption) assumption8.0%

$300,000 × 8.0% = $24,000

Effective gross income$23,000$276,000
Property tax (placeholder 1.9% of price)$5,542$66,500
Insurance (est. scaled by flood & wind risk)$4,550$54,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,250$15,000
Total operating expenses$11,342$136,100
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$276,000
Total operating expenses derived$136,100

$276,000 − $136,100 = $139,900

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$2,800,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,800,000 amortized at 6.7% over 30 years = $17,994/mo

CapEx reserve (5.0% of GSR)$1,250$15,000
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$139,900
Annual debt service derived$215,923
Annual CapEx reserve assumption$15,000
Annual PMI assumption$0

($139,900 − $215,923 − $15,000 − $0) ÷ 12 = -$7,585

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$139,900
Purchase price data$3,500,000

$139,900 ÷ $3,500,000 = 4.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$91,023
Total cash to close derived$875,000

-$91,023 ÷ $875,000 = -10.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$139,900
Annual debt service derived$215,923

$139,900 ÷ $215,923 = 0.65

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$300,000
Purchase price data$3,500,000

($300,000 ÷ 12) ÷ $3,500,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$3,500,000
Gross scheduled rent (annual) comp$300,000

$3,500,000 ÷ $300,000 = 11.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$136,100
Effective gross income derived$276,000

$136,100 ÷ $276,000 = 49.3%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$136,100
Annual debt service derived$215,923
Annual PMI assumption$0
Gross scheduled rent (annual) comp$300,000

($136,100 + $215,923 + $0) ÷ $300,000 = 117.3%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family443,312$27,5002026-08-24
single_family442,982$25,0002026-08-17
single_family432,372$11,9002025-11-30
single_family443,361$13,0002026-07-11
single_family442,971$26,5002026-03-25

343 Centre Is

Golden Beach, 33160 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,312
Listed2026-08-24
Days on market

Asking rent: $27,500

View on Zillow →

180 Ocean Blvd

Golden Beach, 33160 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,982
Listed2026-08-17
Days on market

Asking rent: $25,000

View on Zillow →

16473 NE 31st Ave

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,372
Listed2025-11-30
Days on market

Asking rent: $11,900

View on Zillow →

3321 NE 170th St Unit 3321

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,361
Listed2026-07-11
Days on market

Asking rent: $13,000

View on Zillow →

3200 NE 165th St

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,971
Listed2026-03-25
Days on market

Asking rent: $26,500

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
204 191st Stsingle_family432,632$2,200,0002026-08-27
3428 NE 169th Stsingle_family432,632$2,200,0002026-05-26
19140 N Bay Rdsingle_family433,428$3,800,0002026-05-19
3400 NE 165th Stsingle_family432,502$3,000,0002026-05-11
1504 Island Blvdsingle_family445,628$3,600,0002026-05-08
530 Ocean Blvdsingle_family453,920$3,180,0002026-04-28
200 188th Stsingle_family422,099$1,700,0002026-02-23
147 Golden Beach Drsingle_family432,256$3,300,0002026-02-02
685 Golden Beach Drsingle_family433,323$3,700,0002026-01-20
2925 NE 164th Stsingle_family422,938$4,000,0002025-12-11
4042 Island Estates Drsingle_family487,796$12,450,0002025-12-11

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.

AddressTypeBedsBathsSqftAsking priceDays on market
333 Atlantic Avesingle_family442,426$11,999,000
3949 194th Lnsingle_family442,353$2,259,000
18555 Collins Ave Apt 3301condos454,154$6,500,000
329 Poinciana Dr Unit 909condos432,425$1,190,000
17475 Collins Ave Ph 3201condos489,051$23,990,000
17875 Collins Ave Ph 4506condos476,419$13,495,000
2349 NE 173rd Stsingle_family431,432$839,000
330 Sunny Isles Blvd Unit 5-2403condos453,296$3,300,000

10-year hold projection

IRR3.4%
Equity multiple1.54x
Total return (10yr)$932,500
YearProperty valueNOICash flowLoan balanceEquity
1$3,605,000$139,900-$91,023$2,769,642$835,358
2$3,713,150$144,778-$86,520$2,737,199$975,951
3$3,824,545$149,818-$81,864$2,702,528$1,122,016
4$3,939,281$155,028-$77,048$2,665,476$1,273,804
5$4,057,459$160,412-$72,068$2,625,880$1,431,579
6$4,179,183$165,975-$66,919$2,583,565$1,595,618
7$4,304,559$171,724-$61,594$2,538,344$1,766,214
8$4,433,695$177,665-$56,088$2,490,018$1,943,677
9$4,566,706$183,804-$50,395$2,438,373$2,128,333
10$4,703,707$190,147-$44,508$2,383,182$2,320,526
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.