213 NW 34th Ter

Miami, FL 33127 · single_family · For Sale · 230 days on market
Asking price$1,600,000
2 beds 1 baths 1,594 sqft
Suggested offer$883,108$716,892 above the est. market value of $883,108.
View on Realtor.com →
Listed by Sherry Lebowitz · Lifestyle International Realty
Typesingle_family
Built1919
Price / sqft$1004
Est. value (own analysis)$883,108
Rent estimate (own analysis)$2,700/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-01-15
Removed date
MLSMiamiMLS #A11946097
Coordinates25.80904, -80.19968
Address213 NW 34th Ter
CityMiami
StateFL
Zip33127
Listing ID6975317148
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33127)

Typical home value (ZHVI)$528,160
Typical rent (ZORI)$2,975/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$1,600,000
Down payment (20.0%)$320,000
Loan amount$1,280,000
Closing costs (5.0%)$80,000
Total cash to close$400,000
Rent (comp-derived)$2,700$32,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$32,400
Vacancy rate (assumption) assumption8.0%

$32,400 × 8.0% = $2,592

Effective gross income$2,484$29,808
Property tax (placeholder 1.9% of price)$2,533$30,400
Insurance (placeholder 0.8% of price)$1,067$12,800
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$135$1,620
Total operating expenses$3,735$44,820
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$29,808
Total operating expenses derived$44,820

$29,808 − $44,820 = -$15,012

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$1,280,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,280,000 amortized at 6.7% over 30 years = $8,226/mo

CapEx reserve (5.0% of GSR)$135$1,620
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-$15,012
Annual debt service derived$98,707
Annual CapEx reserve assumption$1,620
Annual PMI assumption$0

(-$15,012 − $98,707 − $1,620 − $0) ÷ 12 = -$9,612

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$15,012
Purchase price data$1,600,000

-$15,012 ÷ $1,600,000 = -0.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$115,339
Total cash to close derived$400,000

-$115,339 ÷ $400,000 = -28.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$15,012
Annual debt service derived$98,707

-$15,012 ÷ $98,707 = -0.15

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$32,400
Purchase price data$1,600,000

($32,400 ÷ 12) ÷ $1,600,000 = 0.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,600,000
Gross scheduled rent (annual) comp$32,400

$1,600,000 ÷ $32,400 = 49.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$44,820
Effective gross income derived$29,808

$44,820 ÷ $29,808 = 150.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$44,820
Annual debt service derived$98,707
Annual PMI assumption$0
Gross scheduled rent (annual) comp$32,400

($44,820 + $98,707 + $0) ÷ $32,400 = 443.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family211,840$2,4502026-08-14
single_family211,050$2,7002026-05-29
single_family221,300$4,100

1101 NW 26th St

Miami, 33127 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,840
Listed2026-08-14
Days on market

Asking rent: $2,450

View on Zillow →

560 NW 53rd St

Miami, 33127 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,050
Listed2026-05-29
Days on market

Asking rent: $2,700

View on Zillow →

360 NW 40th St

Miami, 33127 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,300
Listed
Days on market

Asking rent: $4,100

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
1139 NW 37th Stsingle_family211,004$520,0002026-08-24
1176 NW 32nd Stsingle_family211,400$155,0002026-08-02
126 NW 33rd Stsingle_family211,822$1,250,0002026-07-21
344 NW 41st Stsingle_family21927$610,0002026-07-08
286 NW 57th Stsingle_family221,717$450,0002026-06-23
598 NW 53rd Stsingle_family21948$550,0002026-06-16
315 NW 53rd Stsingle_family21961$600,0002026-06-16
1090 NW 39th Stsingle_family211,389$465,0002026-06-11
4711 NW 11th Avesingle_family211,222$560,0002026-06-03
85 NW 47th Stsingle_family211,200$844,0002026-05-20
260 NW 34th Stsingle_family21984$750,0002026-05-18
276 NW 40th Stsingle_family211,682$700,0002026-05-18
446 NW 45th Stsingle_family221,169$555,0002026-05-14
578 NW 48th Stsingle_family211,026$713,0002026-05-04
5555 N Miami Avesingle_family211,086$500,0002026-05-04
10 NW 51st Stsingle_family211,232$672,0002026-05-01
246 NW 39th Stsingle_family22776$500,0002026-04-30
272 NW 42nd Stsingle_family21977$745,0002026-04-30
1121 NW 56th Stsingle_family211,261$375,0002026-04-27
260 NW 43rd Stsingle_family21958$750,0002026-04-22
268 NW 48th Stsingle_family23$950,0002026-04-14
585 NW 35th Stsingle_family221,042$6,167,0002026-04-08
500 NW 46th Stsingle_family211,098$594,0002026-04-07
1045 NW 52nd Stsingle_family211,507$550,0002026-03-30
307 NW 37th Stsingle_family211,435$1,099,0002026-03-26
85 NW 52nd Stsingle_family21804$590,0002026-03-19
349 NW 46th Stsingle_family211,380$665,0002026-03-11
819 NW 47th Stsingle_family211,090$405,0002026-03-02
85 NW 47th Tersingle_family211,316$830,0002026-02-04
118 NW 44th Stsingle_family221,329$775,0002026-01-30
4921 NW 6th Avesingle_family211,267$850,0002026-01-15
1065 NW 50th Stsingle_family211,064$548,4002026-01-12
4765 N Miami Avesingle_family221,259$828,0002026-01-09
524 NW 44th Stsingle_family211,534$970,0002025-12-24
299 NW 43rd Stsingle_family221,086$600,0002025-12-15
64 NW 52nd Stsingle_family211,601$820,0002025-11-24
5636 NW 4th Avesingle_family21984$550,0002025-11-18
2025 NW 6th Plsingle_family21956$250,0002025-11-12
47 NW 49th Stsingle_family211,715$650,0002025-11-06
5108 NW 3rd Avesingle_family21936$520,0002025-10-27
3500 NW 12th Avesingle_family211,188$750,0002025-10-20
350 NW 45th Stsingle_family211,571$552,9392025-10-15
1018 NW 26th Stsingle_family21893$450,0002025-09-15
3125 NW 3rd Avesingle_family211,674$1,100,0002025-09-11
934 NW 45th Stsingle_family211,249$490,0002025-09-03

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
1075 NW 28th Stmulti_family221,266$525,000
2700 NW 2nd Ave Unit 442condos22$1,300,000
21 NW 61st Stsingle_family21972$550,000
266 NW 32nd Stsingle_family211,343$1,200,000
2700 NW 2nd Ave Unit 422condos22830$1,790,000
270-272 NW 35th Stmulti_family22900$900,000
1114 NW 59th Stsingle_family21824$424,900
2700 NW 2nd Ave Unit 743condos22840$1,275,900

10-year hold projection

IRR-9.3%
Equity multiple-0.58x
Total return (10yr)-$424,833
YearProperty valueNOICash flowLoan balanceEquity
1$1,648,000-$15,012-$115,339$1,266,122$381,878
2$1,697,440-$15,238-$115,606$1,251,291$446,149
3$1,748,363-$15,466-$115,875$1,235,442$512,922
4$1,800,814-$15,694-$116,146$1,218,504$582,310
5$1,854,839-$15,924-$116,419$1,200,403$654,436
6$1,910,484-$16,154-$116,694$1,181,059$729,425
7$1,967,798-$16,385-$116,971$1,160,386$807,412
8$2,026,832-$16,617-$117,250$1,138,294$888,538
9$2,087,637-$16,849-$117,530$1,114,685$972,952
10$2,150,266-$17,081-$117,812$1,089,455$1,060,811
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.