Listed by Natalie Abadi · Keller Williams Elite Properties
Typecondos
Built1935
Price / sqft$622
Est. value (own analysis)$455,482
Rent estimate (own analysis)$2,995/mo
HOA$495/mo
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Statusfor_sale
Listed date2026-03-25
Removed date—
MLSMiamiMLS #A11988187
Coordinates25.77794, -80.13258
Address750 Collins Ave Apt 302
CityMiami Beach
StateFL
Zip33139
Listing ID6991585062
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33139)
Typical home value (ZHVI)$471,015
Typical rent (ZORI)$2,928/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
$375,000
Down payment (20.0%)
$75,000
Loan amount
$300,000
Closing costs (5.0%)
$18,750
Total cash to close
$93,750
Income
Rent (comp-derived)
$2,995$35,940
Vacancy loss (8.0%)
Effective gross income
$2,755$33,065
Operating expenses
Property tax (placeholder 1.9% of price)
$594$7,125
Insurance (placeholder 0.8% of price)
$250$3,000
HOA dues
$495$5,940
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$150$1,797
Total operating expenses
$1,489$17,862
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)
$150$1,797
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
2
2
752
$2,995
2026-07-30
—
apartment
2
2
620
$2,199
2026-05-06
—
condos
2
1
585
$2,650
2026-08-28
—
condos
2
1
655
$3,200
2026-08-26
—
condos
2
2
750
$2,900
2026-08-14
—
condos
2
1
750
$2,700
2026-08-20
—
condos
2
1
469
$2,300
2026-08-23
—
apartment
2
1
650
$2,750
2026-08-25
—
apartment
2
1
700
$2,500
2026-04-15
—
condos
2
1
620
$2,600
2026-08-25
—
condos
2
1
700
$2,450
2026-08-26
—
condos
2
2
806
$3,250
2026-08-05
—
condos
2
1
620
$2,500
2026-07-13
—
condos
2
2
710
$2,750
2026-08-18
—
condos
2
2
730
$3,000
2026-08-20
—
condos
2
1
620
$2,450
2025-06-21
—
condos
2
1
673
$2,450
2026-08-21
—
condos
2
1
580
$2,500
2026-08-07
—
apartment
2
2
750
$3,000
2026-06-16
—
condos
2
1
718
$2,700
2026-08-05
—
condos
2
1
626
$3,300
2026-08-15
—
condos
2
2
610
$2,550
2026-05-15
—
condos
2
1
800
$2,650
2026-07-09
—
apartment
2
1
700
$2,950
2026-04-15
—
condos
2
1
659
$3,250
2026-07-22
—
condos
2
2
780
$2,995
2026-06-26
—
condos
2
1
765
$2,900
2026-07-31
—
condos
2
2
760
$2,900
2026-02-17
—
condos
2
1
747
$4,900
2026-08-09
—
apartment
2
2
650
$3,000
2026-06-08
—
condos
2
2
650
$3,000
2026-04-03
—
apartment
2
1
725
$2,875
2026-08-06
—
apartment
2
2
720
$3,800
2026-07-29
—
condos
2
2
790
$3,500
2026-07-24
—
apartment
2
2
700
$2,900
2026-07-30
—
condos
2
2
643
$2,650
2026-04-23
—
apartment
2
2
766
$3,569
2025-07-29
—
apartment
2
2
700
$2,900
2026-07-30
—
condos
2
1
616
$4,800
2026-03-20
—
condos
2
1
655
$3,425
2026-05-08
—
condos
2
1
530
$4,500
2023-02-26
—
condos
2
1
700
$2,700
—
—
apartment
2
1
750
$2,650
—
—
condos
2
2
806
$3,250
—
—
condos
2
2
730
$3,000
—
—
condos
2
2
790
$3,100
—
—
apartment
2
2
766
$3,429
—
—
apartment
2
2
766
$3,429
—
—
apartment
2
2
721
$3,334
—
—
apartment
2
2
721
$3,289
—
—
apartment
2
2
721
$3,334
—
—
apartment
2
2
721
$3,289
—
—
apartment
2
1
760
$3,074
—
—
apartment
2
2
710
$3,300
2024-09-16
—
condos
2
2
700
$3,500
2026-07-08
—
condos
2
2
626
$2,500
2026-08-31
—
apartment
2
1
600
$2,500
2026-08-31
—
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.
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.
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.