3615 Thomas Ave Apt 13
Miami, FL 33133 · condos · For Sale · 17 days on market
Asking price$310,000
1 beds 1 baths 458 sqft
Suggested offer$266,144$43,856 above the est. market value of $266,144.
View on Realtor.com →Listed by Juan Annicchiarico · JCAS Realty Corp
Typecondos
Built1953
Price / sqft$677
Est. value (own analysis)$266,144
Rent estimate (own analysis)$2,176/mo
HOA$275/mo
Show every detail
Statusfor_sale
Listed date2026-08-16
Removed date—
MLSMiamiMLS #A12071198
Coordinates25.72715, -80.25154
Address3615 Thomas Ave Apt 13
CityMiami
StateFL
Zip33133
Listing ID6961934241
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33133)
Typical home value (ZHVI)$1,352,044
Typical rent (ZORI)$3,793/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 | $310,000 |
| Down payment (20.0%) | $62,000 |
| Loan amount | $248,000 |
| Closing costs (5.0%) | $15,500 |
| Total cash to close | $77,500 |
| Income | |
| Rent (comp-derived) | $2,176$26,112 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,002$24,023 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $491$5,890 |
| Insurance (placeholder 0.8% of price) | $207$2,480 |
| HOA dues | $275$3,300 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $109$1,306 |
| Total operating expenses | $1,081$12,976 |
| 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) | $109$1,306 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 1 | 1 | 595 | $3,000 | 2026-08-19 | — | |
| apartment | 1 | 1 | 500 | $2,100 | 2026-08-17 | — | |
| condos | 1 | 1 | 605 | $2,450 | 2026-08-17 | — | |
| condos | 1 | 1 | 358 | $1,980 | 2026-08-10 | — | |
| apartment | 1 | 1 | 500 | $1,500 | 2026-07-11 | — | |
| apartment | 1 | 1 | 500 | $1,500 | 2026-08-05 | — | |
| apartment | 1 | 1 | 500 | $1,500 | 2026-08-05 | — | |
| condos | 1 | 1 | 530 | $2,798 | 2026-07-24 | — | |
| condos | 1 | 1 | 386 | $1,450 | 2026-07-18 | — | |
| apartment | 1 | 1 | 500 | $1,500 | 2026-07-17 | — | |
| apartment | 1 | 1 | 520 | $2,000 | 2026-07-16 | — | |
| condos | 1 | 1 | 565 | $6,500 | 2026-07-15 | — | |
| condos | 1 | 1 | 600 | $2,100 | 2026-07-14 | — | |
| apartment | 1 | 1 | 550 | $2,200 | 2026-07-02 | — | |
| condos | 1 | 1 | 610 | $2,690 | 2026-06-30 | — | |
| condos | 1 | 1 | 534 | $2,100 | 2026-06-30 | — | |
| apartment | 1 | 1 | 600 | $1,675 | 2026-06-24 | — | |
| condos | 1 | 1 | 585 | $2,175 | 2026-06-19 | — | |
| condos | 1 | 1 | 507 | $2,200 | 2026-06-12 | — | |
| condos | 1 | 1 | 585 | $2,300 | 2026-06-04 | — | |
| apartment | 1 | 1 | 512 | $1,800 | 2026-06-03 | — | |
| condos | 1 | 1 | 585 | $2,600 | 2026-05-29 | — | |
| apartment | 1 | 1 | 419 | $1,500 | 2026-05-10 | — | |
| apartment | 1 | 1 | 530 | $2,176 | 2026-02-21 | — | |
| condos | 1 | 1 | 605 | $2,250 | 2026-05-03 | — | |
| apartment | 1 | 1 | 600 | $1,675 | 2026-04-30 | — | |
| apartment | 1 | 1 | 607 | $2,800 | 2026-08-01 | — | |
| apartment | 1 | 1 | 600 | $2,200 | 2026-07-31 | — | |
| condos | 1 | 1 | 417 | $2,000 | 2026-07-30 | — | |
| apartment | 1 | 1 | 602 | $1,725 | 2026-07-02 | — | |
| condos | 1 | 1 | 507 | $2,400 | 2026-08-24 | — | |
| condos | 1 | 1 | 560 | $4,900 | 2025-04-17 | — | |
| apartment | 1 | 1 | 555 | $6,500 | — | — | |
| apartment | 1 | 1 | 600 | $3,000 | — | — | |
| apartment | 1 | 1 | 600 | $3,000 | — | — | |
| apartment | 1 | 1 | 600 | $1,950 | 2026-06-29 | — | |
| condos | 1 | 1 | 616 | $2,550 | 2026-07-16 | — |
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 |
|---|---|---|---|---|---|---|
| 2665 SW 37th Ave Apt 202 | condos | 1 | 1 | 756 | $315,000 | 2026-08-31 |
| 3250 Grand Ave Apt 506 | condos | 1 | 2 | 999 | $564,000 | 2026-08-21 |
| 3540 Main Hwy Unit 404 | condos | 1 | 3 | 983 | $850,000 | 2026-08-14 |
| 90 Edgewater Dr Ph 23 | condos | 1 | 1 | 880 | $440,000 | 2026-08-11 |
| 2951 S Bayshore Dr | condos | 1 | 1 | 740 | $607,500 | 2026-08-03 |
| 3339 Virginia St Apt 329 | condos | 1 | 2 | 790 | $650,000 | 2026-07-13 |
| 2550 SW 27th Ave Apt 301 | condos | 1 | 2 | 1,120 | $425,000 | 2026-07-10 |
| 3339 Virginia St Apt 316 | condos | 1 | 2 | 790 | $670,000 | 2026-06-23 |
| 2665 SW 37th Ave Apt 201 | condos | 1 | 1 | 711 | $290,000 | 2026-06-22 |
| 3540 Main Hwy Unit 407 | condos | 1 | 2 | 1,092 | $840,000 | 2026-06-01 |
| 60 Edgewater Dr Apt Le | condos | 1 | 3 | 1,117 | $600,000 | 2026-06-01 |
| 2951 S Bayshore Dr Unit 506 | condos | 1 | 1 | 710 | $528,500 | 2026-05-22 |
| 2951 S Bayshore Dr Unit 1012 | condos | 1 | 1 | 680 | $552,000 | 2026-05-12 |
| 2901 S Bayshore Dr Apt 2H | condos | 1 | 2 | 816 | $700,000 | 2026-04-30 |
| 2901 S Bayshore Dr Apt 17D | condos | 1 | 1 | 816 | $662,500 | 2026-04-13 |
| 90 Edgewater Dr Apt 505 | condos | 1 | 1 | 880 | $355,000 | 2026-04-02 |
| 1800 SW 25th St Apt 2102 | condos | 1 | 1 | 611 | $213,000 | 2026-04-01 |
| 2650 SW 37th Ave Apt 604 | condos | 1 | 1 | 814 | $315,000 | 2026-03-27 |
| 90 Edgewater Dr Apt 820 | condos | 1 | 2 | 910 | $490,000 | 2026-03-12 |
| 2665 SW 37th Ave Apt 1213 | condos | 1 | 1 | 750 | $330,000 | 2026-03-12 |
| 2678 Tigertail Ave Apt 515 | condos | 1 | 1 | 658 | $900,000 | 2026-03-06 |
| 3101 SW 27th Ave Apt 204 | condos | 1 | 1 | 630 | $304,000 | 2026-03-02 |
| 2740 SW 28th Ter Apt 201 | condos | 1 | 1 | 613 | $350,000 | 2026-02-23 |
| 90 Edgewater Dr Apt 718 | condos | 1 | 2 | 910 | $435,000 | 2026-02-23 |
| 2734 Bird Ave Apt 106 | condos | 1 | 1 | 491 | $280,000 | 2026-02-20 |
| 3025 Mary St Apt 12 | condos | 1 | 2 | 700 | $371,000 | 2026-02-18 |
| 3245 Virginia St Apt 17 | condos | 1 | 1 | 514 | $340,000 | 2026-02-17 |
| 6519428719 | condos | 1 | 1 | 514 | $375,000 | 2026-02-17 |
| 3245 Virginia St Apt 39 | condos | 1 | 1 | 514 | $312,500 | 2026-02-16 |
| 100 Edgewater Dr Apt 101 | condos | 1 | 1 | 744 | $386,500 | 2026-02-13 |
| 3339 Virginia St Apt 306 | condos | 1 | 2 | 851 | $505,000 | 2026-01-26 |
| 90 Edgewater Dr Apt 805 | condos | 1 | 1 | 880 | $342,000 | 2026-01-15 |
| 2889 McFarlane Rd Unit 1406 | condos | 1 | 2 | 756 | $668,960 | 2026-01-02 |
| 2889 McFarlane Rd Unit 1814 | condos | 1 | 2 | 693 | $663,000 | 2025-12-30 |
| 2655 S Bayshore Dr Apt 1007 | condos | 1 | 1 | 670 | $999,000 | 2025-12-29 |
| 3051 SW 27th Ave Apt 302 | condos | 1 | 1 | 362 | $290,000 | 2025-12-15 |
| 90 Edgewater Dr Apt 1218 | condos | 1 | 2 | 910 | $440,000 | 2025-12-12 |
| 2655 S Bayshore Dr Apt 1407 | condos | 1 | 1 | 764 | $1,150,000 | 2025-12-05 |
| 2690 SW 22nd Ave Apt 507 | condos | 1 | 1 | 702 | $235,000 | 2025-11-21 |
| 90 Edgewater Dr Apt 512 | condos | 1 | 2 | 910 | $349,000 | 2025-10-31 |
| 2889 McFarlane Rd Unit 2105 | condos | 1 | 2 | 767 | $689,500 | 2025-10-24 |
| 2831 S Bayshore Dr Unit 506 | condos | 1 | 1 | 689 | $950,000 | 2025-10-24 |
| 2951 S Bayshore Dr Unit 911 | condos | 1 | 1 | 620 | $500,000 | 2025-10-23 |
| 3615 Thomas Ave Apt 1 | condos | 1 | 1 | 467 | $204,000 | 2025-10-21 |
| 2951 S Bayshore Dr Unit 917 | condos | 1 | 1 | 650 | $380,000 | 2025-10-20 |
| 2600 SW 27th Ave Apt 808 | condos | 1 | 1 | 655 | $315,000 | 2025-09-30 |
| 2850 Coconut Ave Apt 7 | condos | 1 | 1 | 580 | $335,000 | 2025-09-29 |
| 3339 Virginia St Apt 310 | condos | 1 | 2 | — | $507,500 | 2025-09-10 |
| 2889 McFarlane Rd Unit 1510 | condos | 1 | 2 | 761 | $685,000 | 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 |
|---|---|---|---|---|---|---|
| 2678 Tigertail Ave Apt 315 | condos | 1 | 1 | 565 | $910,000 | — |
| 2889 McFarlane Rd Unit 1610 | condos | 1 | 2 | 761 | $750,000 | — |
| 2889 McFarlane Rd Unit 1112 | condos | 1 | 2 | 679 | $700,000 | — |
| 3240 Mary St Apt S202 | condos | 1 | 1 | 507 | $399,900 | — |
| 3250 Grand Ave Apt 406 | condos | 1 | 2 | 999 | $650,000 | — |
| 2889 McFarlane Rd Unit 1014 | condos | 1 | 2 | 693 | $750,000 | — |
| 2951 S Bayshore Dr Unit 805 | condos | 1 | 1 | 670 | $620,000 | — |
| 2630 SW 28th St Ste 51 | condos | 1 | 1 | 615 | $349,000 | — |
10-year hold projection
IRR2.2%
Equity multiple1.35x
Total return (10yr)$67,686
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $319,300 | $11,047 | -$9,383 | $245,311 | $73,989 |
| 2 | $328,879 | $11,444 | -$9,019 | $242,438 | $86,441 |
| 3 | $338,745 | $11,854 | -$8,643 | $239,367 | $99,378 |
| 4 | $348,908 | $12,277 | -$8,253 | $236,085 | $112,822 |
| 5 | $359,375 | $12,716 | -$7,850 | $232,578 | $126,797 |
| 6 | $370,156 | $13,169 | -$7,433 | $228,830 | $141,326 |
| 7 | $381,261 | $13,637 | -$7,002 | $224,825 | $156,436 |
| 8 | $392,699 | $14,121 | -$6,555 | $220,545 | $172,154 |
| 9 | $404,480 | $14,622 | -$6,093 | $215,971 | $188,509 |
| 10 | $416,614 | $15,140 | -$5,615 | $211,083 | $205,532 |
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.