1810 NW 46th St
Miami, FL 33142 · multi_family · For Sale · 194 days on market
Asking price$1,550,000
6 beds 6 baths 4,664 sqft
Suggested offer$1,302,072$247,928 above the est. market value of $1,302,072.
View on Realtor.com →Listed by Omar Hernandez · Ng International Realty Llc
Typemulti_family
Built2026
Price / sqft$332
Est. value (own analysis)$1,302,072
Rent estimate (building total, own analysis)$11,707/mo
HOANone
1 / 5
Show every detail
Statusfor_sale
Listed date2026-02-20
Removed date—
MLSMiamiMLS #A11967666
Coordinates25.81677, -80.22656
Address1810 NW 46th St
CityMiami
StateFL
Zip33142
Listing ID6998768829
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33142)
Typical home value (ZHVI)$430,103
Typical rent (ZORI)$2,350/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 | $1,550,000 |
| Down payment (20.0%) | $310,000 |
| Loan amount | $1,240,000 |
| Closing costs (5.0%) | $77,500 |
| Total cash to close | $387,500 |
| Income | |
| Rent (estimate) | $11,707$140,480 |
| Vacancy loss (8.0%) | |
| Effective gross income | $10,770$129,241 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,454$29,450 |
| Insurance (placeholder 0.8% of price) | $1,033$12,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $585$7,024 |
| Total operating expenses | $4,073$48,874 |
| 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) | $585$7,024 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 1247 NW 28th St | multi_family | 6 | 4 | 2,316 | $591,000 | 2026-07-31 |
| 2512 NW 13th Ave | multi_family | 6 | 2 | 1,764 | $580,000 | 2026-04-21 |
| 2180 NW 59th St | multi_family | 6 | 2 | 1,988 | $555,000 | 2026-01-26 |
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 |
|---|---|---|---|---|---|---|
| 2180 NW 30th St | multi_family | 6 | 5 | 2,652 | $600,000 | — |
| 5859 NW 13th Ave | multi_family | 6 | 4 | 2,300 | $750,000 | — |
| 1243 NW 29th Ter | multi_family | 6 | 3 | 1,792 | $775,000 | — |
| 1864 NW 28th St | multi_family | 6 | 4 | 3,200 | $1,375,000 | — |
| 4491 NW 23rd Ave | multi_family | 6 | 4 | 2,184 | $755,000 | — |
| 2323 NW 55th Ter | multi_family | 6 | 6 | 2,400 | $795,000 | — |
| 1895 NW 47th Ter | multi_family | 6 | 4 | 2,300 | $795,000 | — |
| 3376 NW 49th St | multi_family | 6 | 3 | 1,926 | $650,000 | — |
10-year hold projection
IRR6.7%
Equity multiple2.07x
Total return (10yr)$616,793
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,596,500 | $80,367 | -$22,279 | $1,226,556 | $369,944 |
| 2 | $1,644,395 | $83,023 | -$19,800 | $1,212,188 | $432,207 |
| 3 | $1,693,727 | $85,764 | -$17,239 | $1,196,834 | $496,893 |
| 4 | $1,744,539 | $88,594 | -$14,593 | $1,180,425 | $564,113 |
| 5 | $1,796,875 | $91,515 | -$11,862 | $1,162,890 | $633,985 |
| 6 | $1,850,781 | $94,530 | -$9,040 | $1,144,151 | $706,631 |
| 7 | $1,906,304 | $97,642 | -$6,126 | $1,124,124 | $782,180 |
| 8 | $1,963,494 | $100,855 | -$3,117 | $1,102,723 | $860,771 |
| 9 | $2,022,398 | $104,171 | -$10 | $1,079,851 | $942,547 |
| 10 | $2,083,070 | $107,594 | $3,199 | $1,055,409 | $1,027,661 |
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.