315 NW 27th Ave Unit 406
Miami, FL 33125 · condos · For Sale · 135 days on market
Asking price$378,750
0 beds 1 baths 451 sqft
Listed by Eyvis Mendoza · Coldwell Banker Realty
Typecondos
Built2026
Price / sqft$840
Est. value (Zillow ZIP avg)$466,681
Rent estimate (own analysis)$1,945/mo
HOA$572/mo
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Statusfor_sale
Listed date2026-04-20
Removed date—
MLSMiamiMLS #A12000132
Coordinates25.77598, -80.23885
Address315 NW 27th Ave Unit 406
CityMiami
StateFL
Zip33125
Listing ID9025115557
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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 | $378,750 |
| Down payment (20.0%) | $75,750 |
| Loan amount | $303,000 |
| Closing costs (5.0%) | $18,938 |
| Total cash to close | $94,688 |
| Income | |
| Rent (comp-derived) | $1,945$23,340 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,789$21,473 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $600$7,196 |
| Insurance (placeholder 0.8% of price) | $253$3,030 |
| HOA dues | $572$6,864 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $97$1,167 |
| Total operating expenses | $1,521$18,257 |
| 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) | $97$1,167 |
| 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 | 0 | 1 | 350 | $1,650 | 2026-08-12 | — | |
| apartment | 0 | 1 | 300 | $1,173 | 2026-08-11 | — | |
| apartment | 0 | 1 | 320 | $1,300 | 2026-01-17 | — | |
| apartment | 0 | 1 | 445 | $1,900 | 2026-04-27 | — | |
| apartment | 0 | 1 | 350 | $1,173 | 2026-08-02 | — | |
| apartment | 0 | 1 | 350 | $1,187 | 2026-08-02 | — | |
| apartment | 0 | 1 | 399 | $1,990 | 2025-08-05 | — | |
| apartment | 0 | 1 | 495 | $2,712 | — | — | |
| apartment | 0 | 1 | 495 | $2,204 | — | — | |
| apartment | 0 | 1 | 491 | $2,614 | — | — | |
| apartment | 0 | 1 | 528 | $2,519 | — | — | |
| apartment | 0 | 1 | 425 | $1,844 | — | — | |
| apartment | 0 | 1 | 528 | $2,761 | — | — | |
| apartment | 0 | 1 | 475 | $2,782 | — | — |
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.
No recent recorded sales cached yet for this ZIP.
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 690 SW 1st Ct Apt 3115 | condos | 0 | 2 | 1,255 | $580,000 | — |
| 20 NE 11 St Unit 3403B | condos | 0 | 1 | 305 | $449,000 | — |
| 8101 Biscayne Blvd Unit R410 | condos | 0 | 1 | 533 | $315,000 | — |
| 90 NE 32nd St Unit 413 | condos | 0 | 1 | 461 | $505,000 | — |
| 90 NE 32nd St Unit 1125 | condos | 0 | 1 | 479 | $650,000 | — |
| 121 NE 5th St Apt 709 | condos | 0 | 1 | 402 | $390,000 | — |
| 20 NE 11th St Apt 2805 | condos | 0 | 1 | — | $650,000 | — |
| 90 NE 32nd St Unit 313 | condos | 0 | 1 | 462 | $550,000 | — |
10-year hold projection
IRR-5.0%
Equity multiple0.16x
Total return (10yr)-$29,751
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $390,113 | $3,216 | -$21,317 | $299,715 | $90,398 |
| 2 | $401,816 | $3,403 | -$21,159 | $296,204 | $105,612 |
| 3 | $413,870 | $3,599 | -$20,993 | $292,452 | $121,418 |
| 4 | $426,286 | $3,803 | -$20,820 | $288,443 | $137,844 |
| 5 | $439,075 | $4,015 | -$20,639 | $284,158 | $154,917 |
| 6 | $452,247 | $4,236 | -$20,450 | $279,579 | $172,669 |
| 7 | $465,815 | $4,467 | -$20,252 | $274,685 | $191,130 |
| 8 | $479,789 | $4,707 | -$20,046 | $269,455 | $210,334 |
| 9 | $494,183 | $4,956 | -$19,831 | $263,867 | $230,316 |
| 10 | $509,008 | $5,216 | -$19,607 | $257,894 | $251,114 |
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.