545 NW 81st St
Miami, FL 33150 · multi_family · For Sale · 82 days on market
Asking price$499,900
2 beds 2 baths 1,692 sqft
Listed by Laura Sanchez · Green Lands Realty
Typemulti_family
Built1953
Price / sqft$295
Est. value (own analysis)$562,957
Rent estimate (building total, own analysis)$3,678/mo
HOANone
1 / 14
Show every detail
Statusfor_sale
Listed date2026-06-12
Removed date—
MLSMiamiMLS #A12036179
Coordinates25.84916, -80.20590
Address545 NW 81st St
CityMiami
StateFL
Zip33150
Listing ID6962693470
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33150)
Typical home value (ZHVI)$453,432
Typical rent (ZORI)$2,416/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 | $499,900 |
| Down payment (20.0%) | $99,980 |
| Loan amount | $399,920 |
| Closing costs (5.0%) | $24,995 |
| Total cash to close | $124,975 |
| Income | |
| Rent (estimate) | $3,678$44,139 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,384$40,608 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $792$9,498 |
| Insurance (placeholder 0.8% of price) | $333$3,999 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $184$2,207 |
| Total operating expenses | $1,309$15,704 |
| 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) | $184$2,207 |
| 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 |
|---|---|---|---|---|---|---|---|
| duplex_triplex | 2 | 1 | — | $2,700 | 2024-06-05 | — |
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 |
|---|---|---|---|---|---|---|
| 801 NW 105th St | multi_family | — | — | 1,454 | $635,000 | 2026-08-17 |
| 6810 NW 2nd Ct | multi_family | 4 | 2 | 2,102 | $590,000 | 2026-08-07 |
| 6701 NW 5th Ave | multi_family | — | — | 1,408 | $565,000 | 2026-07-31 |
| 163 NW 68th Ter | multi_family | 6 | 4 | 2,454 | $737,000 | 2026-07-29 |
| 6241 NW Miami Pl | multi_family | 3 | 2 | 1,800 | $850,000 | 2026-07-09 |
| 7612 NW 4th Ave | multi_family | 3 | 1 | 1,620 | $635,000 | 2026-07-08 |
| 15 NW 70th St | multi_family | 4 | 2 | 1,555 | $510,000 | 2026-06-16 |
| 97 NW 69th St | multi_family | — | — | 2,022 | $620,000 | 2026-06-12 |
| 408 NW 97th St | multi_family | — | — | 1,549 | $155,000 | 2026-06-05 |
| 50 NW 71st St Apt 4 | multi_family | 4 | 4 | 1,600 | $740,000 | 2026-06-02 |
| 1064 NW 103rd St | multi_family | 4 | 3 | 1,792 | $570,000 | 2026-06-02 |
| 250 NW 83rd St | multi_family | 6 | 2 | 2,074 | $520,000 | 2026-05-29 |
| 772 NW 80th St | multi_family | 3 | 2 | 1,432 | $650,000 | 2026-05-27 |
| 7534/7536 NW 4th Ave | multi_family | — | — | 1,740 | $570,000 | 2026-05-26 |
| 93 NW 69th St | multi_family | 3 | 1 | 2,102 | $445,000 | 2026-05-20 |
| 7736 NW 2nd Ave | multi_family | 2 | 2 | 1,638 | $500,000 | 2026-05-07 |
| 1181 NW 66th St | multi_family | — | — | — | $789,000 | 2026-04-28 |
| 421 NW 81st St | multi_family | — | — | 1,601 | $699,000 | 2026-04-28 |
| 6324 NW 1st Pl | multi_family | — | — | 2,164 | $720,000 | 2026-04-24 |
| 5138334331 | multi_family | — | — | 2,454 | $753,000 | 2026-04-16 |
| 5713827729 | multi_family | — | — | 1,677 | $300,000 | 2026-04-06 |
| 742 NW 70th St | multi_family | — | — | 2,738 | $995,000 | 2026-03-26 |
| 6720 NW 4th Ave | multi_family | 4 | 1 | 1,320 | $537,500 | 2026-03-11 |
| 1052 NW 103rd St | multi_family | 4 | 2 | 1,740 | $580,000 | 2026-03-11 |
| 7926 NW 10th Ct | multi_family | — | — | 1,578 | $360,000 | 2026-03-02 |
| 751 NW 96th St | multi_family | — | — | 1,199 | $499,000 | 2026-02-25 |
| 401 NW 81st St | multi_family | — | — | 1,254 | $395,000 | 2026-02-23 |
| 6911 NW 4th Ct | multi_family | — | — | 1,541 | $699,000 | 2026-02-17 |
| 1162 NW 64th St | multi_family | — | — | 1,430 | $445,000 | 2026-02-12 |
| 244 NW 73rd Ter | multi_family | 4 | 3 | 2,105 | $969,000 | 2026-02-11 |
| 6863 NW 2nd Ave Apt 4 | multi_family | 8 | 4 | 3,406 | $705,000 | 2026-02-02 |
| 6920 NW 6th Ct | multi_family | — | — | 1,244 | $430,000 | 2026-01-30 |
| 640 642 Nw 77th St | multi_family | — | — | 1,370 | $449,000 | 2026-01-20 |
| 571 NW 95th Ter | multi_family | 5 | 4 | 1,980 | $330,000 | 2026-01-15 |
| 171 NW 70th St | multi_family | — | — | 1,650 | $560,000 | 2026-01-15 |
| 9411438856 | multi_family | — | — | 2,686 | $760,000 | 2025-12-23 |
| 889 NW 102nd St | multi_family | — | — | 1,600 | $604,000 | 2025-12-23 |
| 6844 NW 5th Ave | multi_family | 4 | 2 | 1,400 | $565,000 | 2025-12-02 |
| 8290 NW 5th Ave | multi_family | 3 | 2 | 1,404 | $520,000 | 2025-12-01 |
| 724 NW 77th St | multi_family | 2 | 1 | 1,389 | $520,000 | 2025-11-12 |
| 1031 NW 101st St | multi_family | — | — | 1,620 | $560,000 | 2025-10-15 |
| 7634 NW 4th Ave | multi_family | — | — | 1,553 | $375,000 | 2025-10-08 |
| 6672132843 | multi_family | — | — | 3,063 | $520,000 | 2025-10-06 |
| 6951 NW 5th Ct | multi_family | 7 | 4 | 2,244 | $510,000 | 2025-09-19 |
| 8125 NW 6th Ave | multi_family | 7 | 2 | 1,952 | $559,900 | 2025-09-19 |
| 7501 and 7503 NW 6th Ct | multi_family | — | — | 1,260 | $455,000 | 2025-09-10 |
| 1161 NW 101st St | multi_family | — | 0 | 1,326 | $530,000 | 2025-09-08 |
| 9162284355 | multi_family | 4 | 2 | 1,326 | $530,000 | 2025-09-08 |
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 |
|---|---|---|---|---|---|---|
| 1059 NW 77th St | single_family | 2 | 2 | 822 | $435,000 | — |
| 6545 NW 6th Ave | single_family | 2 | 1 | 650 | $535,000 | — |
| 743 NW 63rd St | single_family | 2 | 1 | 1,677 | $399,000 | — |
| 180 NW 67th St | single_family | 2 | 1 | 1,001 | $499,000 | — |
| 111 NW 64th St | single_family | 2 | 1 | 1,364 | $480,000 | — |
| 436 NW 84th Ter Unit 436 | townhomes | 2 | 1 | 930 | $165,000 | — |
| 265 NW 80th St | single_family | 2 | 1 | 858 | $230,000 | — |
| single_family | 2 | 1 | 1,182 | $520,000 | — |
10-year hold projection
IRR6.2%
Equity multiple1.98x
Total return (10yr)$187,917
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $514,897 | $24,904 | -$8,143 | $395,584 | $119,313 |
| 2 | $530,344 | $25,729 | -$7,373 | $390,950 | $139,394 |
| 3 | $546,254 | $26,582 | -$6,577 | $385,998 | $160,256 |
| 4 | $562,642 | $27,462 | -$5,755 | $380,706 | $181,936 |
| 5 | $579,521 | $28,370 | -$4,906 | $375,051 | $204,470 |
| 6 | $596,907 | $29,308 | -$4,029 | $369,007 | $227,900 |
| 7 | $614,814 | $30,276 | -$3,123 | $362,548 | $252,266 |
| 8 | $633,258 | $31,275 | -$2,188 | $355,646 | $277,612 |
| 9 | $652,256 | $32,307 | -$1,222 | $348,270 | $303,986 |
| 10 | $671,824 | $33,372 | -$224 | $340,387 | $331,437 |
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.