2931 SW 27th Ter Unit 2931
Miami, FL 33133 · townhomes · For Sale · 132 days on market
Asking price$1,250,000
3 beds 3 baths 2,400 sqft
Listed by Bea Citron · Compass Florida, LLC.
Typetownhomes
Built2015
Price / sqft$521
Est. value (own analysis)$1,689,136
Rent estimate (own analysis)$9,985/mo
HOA$672/mo
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Statusfor_sale
Listed date2026-04-23
Removed date—
MLSMiamiMLS #A12006548
Coordinates25.74087, -80.24126
Address2931 SW 27th Ter Unit 2931
CityMiami
StateFL
Zip33133
Listing ID6979315117
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 | $1,250,000 |
| Down payment (20.0%) | $250,000 |
| Loan amount | $1,000,000 |
| Closing costs (5.0%) | $62,500 |
| Total cash to close | $312,500 |
| Income | |
| Rent (comp-derived) | $9,985$119,820 |
| Vacancy loss (8.0%) | |
| Effective gross income | $9,186$110,234 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,979$23,750 |
| Insurance (placeholder 0.8% of price) | $833$10,000 |
| HOA dues | $672$8,064 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $499$5,991 |
| Total operating expenses | $3,984$47,805 |
| 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) | $499$5,991 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 3 | 1,719 | $6,800 | 2026-08-14 | — | |
| townhomes | 3 | 3 | 2,454 | $12,500 | 2026-08-05 | — | |
| townhomes | 3 | 3 | 2,200 | $5,000 | 2026-07-05 | — | |
| townhomes | 3 | 3 | 2,040 | $5,900 | 2026-06-23 | — | |
| townhomes | 3 | 3 | 1,650 | $12,000 | 2026-06-17 | — | |
| townhomes | 3 | 3 | 1,650 | $12,000 | 2026-06-16 | — | |
| townhomes | 3 | 4 | 2,291 | $13,500 | 2026-06-01 | — | |
| townhomes | 3 | 3 | 1,604 | $9,985 | 2026-08-03 | — | |
| townhomes | 3 | 3 | 1,604 | $9,985 | 2026-08-03 | — | |
| townhomes | 3 | 3 | 1,629 | $4,700 | 2026-08-02 | — | |
| townhomes | 3 | 3 | 2,300 | $9,998 | 2026-07-31 | — | |
| townhomes | 3 | 3 | 2,160 | $8,000 | 2026-07-30 | — | |
| townhomes | 3 | 3 | 1,560 | $8,255 | 2026-07-28 | — | |
| townhomes | 3 | 3 | 2,110 | $11,000 | 2026-08-24 | — |
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 |
|---|---|---|---|---|---|---|
| 2977 Bridgeport Ave | townhomes | 3 | 4 | 2,802 | $2,520,000 | 2026-07-31 |
| 3376 Day Ave Unit B | townhomes | 3 | 3 | — | $1,475,000 | 2026-07-31 |
| 2721 SW 22nd Ave Unit C | townhomes | 3 | 3 | 2,215 | $1,799,000 | 2026-07-20 |
| 3374 Day Ave Unit A | townhomes | 3 | 3 | — | $1,575,000 | 2026-07-17 |
| 2917 SW 30th Ct Unit 2917 | townhomes | 3 | 4 | 2,445 | $1,130,000 | 2026-07-02 |
| 3318 Day Ave Unit 7 | townhomes | 3 | 3 | 2,577 | $1,575,000 | 2026-06-29 |
| 3407 Day Ave Unit 3407 | townhomes | 3 | 3 | 2,522 | $1,775,000 | 2026-06-16 |
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 |
|---|---|---|---|---|---|---|
| 3350 SW 27th Ave Apt 1802 | condos | 3 | 3 | 2,522 | $3,100,000 | — |
| 3 Grove Isle Dr Unit C410 | condos | 3 | 3 | 2,424 | $2,695,000 | — |
| 2678 Tigertail Ave Apt 401 | condos | 3 | 4 | 1,811 | $3,250,000 | — |
| 2901 S Bayshore Dr Apt 1B | condos | 3 | 2 | 1,587 | $1,985,000 | — |
| 3431 SW 25th St | single_family | 3 | 2 | 1,296 | $740,000 | — |
| 2155 SW 25th Ter | single_family | 3 | 3 | 1,628 | $1,429,000 | — |
| 2678 Tigertail Ave Apt 1806 | condos | 3 | 4 | 2,058 | $3,995,000 | — |
| 2 Grove Isle Dr Unit B1109 | condos | 3 | 3 | 2,614 | $2,900,000 | — |
10-year hold projection
IRR6.1%
Equity multiple1.98x
Total return (10yr)$468,624
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,287,500 | $62,429 | -$20,677 | $989,158 | $298,342 |
| 2 | $1,326,125 | $64,541 | -$18,715 | $977,571 | $348,554 |
| 3 | $1,365,909 | $66,723 | -$16,687 | $965,189 | $400,720 |
| 4 | $1,406,886 | $68,975 | -$14,592 | $951,956 | $454,930 |
| 5 | $1,449,093 | $71,302 | -$12,426 | $937,814 | $511,278 |
| 6 | $1,492,565 | $73,705 | -$10,189 | $922,702 | $569,864 |
| 7 | $1,537,342 | $76,187 | -$7,876 | $906,551 | $630,791 |
| 8 | $1,583,463 | $78,749 | -$5,487 | $889,292 | $694,171 |
| 9 | $1,630,966 | $81,396 | -$3,019 | $870,847 | $760,119 |
| 10 | $1,679,895 | $84,129 | -$468 | $851,136 | $828,760 |
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.