300 Biscayne Boulevard Way Unit 3304C
Miami, FL 33131 · condos · For Sale · 92 days on market
Asking price$4,475,000
5 beds 6 baths 3,214 sqft
Suggested offer$3,518,829$956,171 above the est. market value of $3,518,829.
View on Realtor.com →Listed by Asher Abadi · Onecore Realty, Inc.
Typecondos
Built2024
Price / sqft$1392
Est. value (own analysis)$3,518,829
Rent estimate (own analysis)$28,750/mo
HOA$5,992/mo
1 / 32
Show every detail
Statusfor_sale
Listed date2026-06-02
Removed date—
MLSMiamiMLS #A12029741
Coordinates25.77079, -80.18762
Address300 Biscayne Boulevard Way Unit 3304C
CityMiami
StateFL
Zip33131
Listing ID9015617433
Sourceus-real-estate-listings, cached 2026-08-29
ZIP market snapshot (33131)
Typical home value (ZHVI)$587,486
Typical rent (ZORI)$3,815/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 | $4,475,000 |
| Down payment (20.0%) | $895,000 |
| Loan amount | $3,580,000 |
| Closing costs (5.0%) | $223,750 |
| Total cash to close | $1,118,750 |
| Income | |
| Rent (comp-derived) | $28,750$345,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $26,450$317,400 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $7,085$85,025 |
| Insurance (placeholder 0.8% of price) | $2,983$35,800 |
| HOA dues | $5,992$71,904 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,438$17,250 |
| Total operating expenses | $17,498$209,979 |
| 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) | $1,438$17,250 |
| 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 | 5 | 6 | 3,575 | $39,500 | 2026-08-05 | — | |
| condos | 5 | 6 | 3,978 | $45,000 | 2026-06-29 | — | |
| condos | 5 | 7 | 3,608 | $18,000 | 2026-06-08 | — | |
| condos | 5 | 5 | 3,420 | $14,800 | 2026-07-30 | — | |
| condos | 5 | 6 | 3,004 | $12,550 | 2026-04-15 | — | |
| condos | 5 | 6 | 3,663 | $45,000 | 2026-04-10 | — |
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 |
|---|---|---|---|---|---|---|
| 1425 Brickell Ave Unit 44A-B | condos | 5 | 5 | 3,820 | $3,900,000 | 2026-04-24 |
| 300 Biscayne Blvd Way Apt 4401 | condos | 5 | 6 | 3,854 | $5,100,000 | 2026-04-17 |
| 1000 Brickell Plz Unit UPH6201 | condos | 5 | 9 | 7,855 | $8,600,000 | 2026-03-31 |
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 |
|---|---|---|---|---|---|---|
| 300 Biscayne Boulevard Way Apt 2701 | condos | 5 | 6 | 3,978 | $7,400,000 | — |
| 300 Biscayne Blvd Way Apt 4602 | condos | 5 | 6 | 4,434 | $9,000,000 | — |
| 300 Biscayne Blvd Way Apt 1901 | condos | 5 | 6 | 3,560 | $6,750,000 | — |
| 465 Brickell Ave Apt 5701 | condos | 5 | 7 | 4,770 | $12,999,000 | — |
| 99 SE 5th St Unit UPH7201 | condos | 5 | 10 | 9,074 | $31,760,000 | — |
| 300 Biscayne Blvd Way Apt 3201 | condos | 5 | 6 | 3,994 | $7,590,000 | — |
| 900 Brickell Key Blvd Apt 1002 | condos | 5 | 7 | 3,608 | $3,530,000 | — |
| 808 Brickell Key Dr Apt 3901 | condos | 5 | 6 | 5,097 | $4,995,000 | — |
10-year hold projection
IRR-1.0%
Equity multiple0.84x
Total return (10yr)$404,135
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $4,609,250 | $107,421 | -$185,901 | $3,541,185 | $1,068,065 |
| 2 | $4,747,528 | $111,694 | -$182,060 | $3,499,704 | $1,247,823 |
| 3 | $4,889,953 | $116,120 | -$178,075 | $3,455,375 | $1,434,578 |
| 4 | $5,036,652 | $120,707 | -$173,942 | $3,408,002 | $1,628,650 |
| 5 | $5,187,751 | $125,459 | -$169,654 | $3,357,376 | $1,830,376 |
| 6 | $5,343,384 | $130,382 | -$165,208 | $3,303,273 | $2,040,111 |
| 7 | $5,503,686 | $135,481 | -$160,596 | $3,245,454 | $2,258,231 |
| 8 | $5,668,796 | $140,763 | -$155,814 | $3,183,666 | $2,485,130 |
| 9 | $5,838,860 | $146,234 | -$150,856 | $3,117,634 | $2,721,226 |
| 10 | $6,014,026 | $151,900 | -$145,715 | $3,047,068 | $2,966,958 |
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.