175 SE 25th Rd Apt 2804

Miami, FL 33129 · condos · For Sale · 63 days on market
Asking price$3,800,000
3 beds 4 baths — sqft
Suggested offer$1,156,000$2,644,000 above the est. market value of $1,156,000.
View on Realtor.com →
Listed by Ana Maria Mendiola · Charles Rutenberg Realty Fort
Typecondos
Built2026
Price / sqft
Est. value (own analysis)$1,156,000
Rent estimate (own analysis)$16,250/mo
HOA$3,404/mo
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-01
Removed date
MLSMiamiMLS #A12046669
Coordinates25.74924, -80.20119
Address175 SE 25th Rd Apt 2804
CityMiami
StateFL
Zip33129
Listing ID9027872611
Sourceus-real-estate-listings, cached 2026-08-29

ZIP market snapshot (33129)

Typical home value (ZHVI)$689,590
Typical rent (ZORI)$3,599/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)

Purchase price$3,800,000
Down payment (20.0%)$760,000
Loan amount$3,040,000
Closing costs (5.0%)$190,000
Total cash to close$950,000
Rent (comp-derived)$16,250$195,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$195,000
Vacancy rate (assumption) assumption8.0%

$195,000 × 8.0% = $15,600

Effective gross income$14,950$179,400
Property tax (placeholder 1.9% of price)$6,017$72,200
Insurance (placeholder 0.8% of price)$2,533$30,400
HOA dues$3,404$40,848
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$813$9,750
Total operating expenses$12,767$153,198
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$179,400
Total operating expenses derived$153,198

$179,400 − $153,198 = $26,202

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$3,040,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$3,040,000 amortized at 6.7% over 30 years = $19,536/mo

CapEx reserve (5.0% of GSR)$813$9,750
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$26,202
Annual debt service derived$234,430
Annual CapEx reserve assumption$9,750
Annual PMI assumption$0

($26,202 − $234,430 − $9,750 − $0) ÷ 12 = -$18,165

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$26,202
Purchase price data$3,800,000

$26,202 ÷ $3,800,000 = 0.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$217,978
Total cash to close derived$950,000

-$217,978 ÷ $950,000 = -22.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$26,202
Annual debt service derived$234,430

$26,202 ÷ $234,430 = 0.11

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$195,000
Purchase price data$3,800,000

($195,000 ÷ 12) ÷ $3,800,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$3,800,000
Gross scheduled rent (annual) comp$195,000

$3,800,000 ÷ $195,000 = 19.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$153,198
Effective gross income derived$179,400

$153,198 ÷ $179,400 = 85.4%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$153,198
Annual debt service derived$234,430
Annual PMI assumption$0
Gross scheduled rent (annual) comp$195,000

($153,198 + $234,430 + $0) ÷ $195,000 = 198.8%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos331,995$8,5002026-08-21
condos341,946$24,0002026-08-07
condos341,946$22,5002026-08-06
condos353,170$15,0002026-07-20
condos331,792$7,9002026-07-16
apartment323,248$3,5002026-07-15
condos342,115$22,0002026-07-15
condos342,115$25,0002026-07-10
condos331,352$6,4002026-06-25
condos341,946$22,5002026-06-18
condos341,946$22,5002026-06-18
condos341,946$22,0002026-06-17
condos341,946$19,9002026-06-04
condos331,732$7,3002026-06-04
condos342,105$19,0002026-06-03
condos331,703$6,0002026-05-22
apartment321,300$4,8002026-05-15
condos342,105$17,5002026-05-14
condos331,732$6,9502026-05-10
condos342,259$25,0002026-05-04
condos331,640$8,5002026-03-18
condos341,946$17,5002026-04-26
apartment34$19,5002026-04-06
condos331,995$8,500
condos331,837$7,0002026-08-22
condos341,946$25,000
condos341,470$11,0002026-08-28
condos341,470$11,000

1915 Brickell Ave Apt C1607

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,995
Listed2026-08-21
Days on market

Asking rent: $8,500

View on Zillow →

175 SE 25th Rd Apt 2604

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,946
Listed2026-08-07
Days on market

Asking rent: $24,000

View on Zillow →

175 SE 25th Rd Apt 3003

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,946
Listed2026-08-06
Days on market

Asking rent: $22,500

View on Zillow →

1643 Brickell Ave Ste 702

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 5 ba
Square footage3,170
Listed2026-07-20
Days on market

Asking rent: $15,000

View on Zillow →

1627 Brickell Ave Apt 2407

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,792
Listed2026-07-16
Days on market

Asking rent: $7,900

View on Zillow →

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage3,248
Listed2026-07-15
Days on market

Asking rent: $3,500

View on Zillow →

175 SE 25th Rd Apt 902

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,115
Listed2026-07-15
Days on market

Asking rent: $22,000

View on Zillow →

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,115
Listed2026-07-10
Days on market

Asking rent: $25,000

View on Zillow →

1600 SW 1st Ave Apt 401

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,352
Listed2026-06-25
Days on market

Asking rent: $6,400

View on Zillow →

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,946
Listed2026-06-18
Days on market

Asking rent: $22,500

View on Zillow →

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,946
Listed2026-06-18
Days on market

Asking rent: $22,500

View on Zillow →

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,946
Listed2026-06-17
Days on market

Asking rent: $22,000

View on Zillow →

175 SE 25th Rd Apt 3403

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,946
Listed2026-06-04
Days on market

Asking rent: $19,900

View on Zillow →

1627 Brickell Ave Apt 1005

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,732
Listed2026-06-04
Days on market

Asking rent: $7,300

View on Zillow →

175 SE 25th Rd Apt 901

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,105
Listed2026-06-03
Days on market

Asking rent: $19,000

View on Zillow →

2451 Brickell Ave Apt 16J

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,703
Listed2026-05-22
Days on market

Asking rent: $6,000

View on Zillow →

228 SW 23rd Rd Unit Front

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,300
Listed2026-05-15
Days on market

Asking rent: $4,800

View on Zillow →

175 SE 25th Rd Apt 602

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,105
Listed2026-05-14
Days on market

Asking rent: $17,500

View on Zillow →

1627 Brickell Ave Apt 1204

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,732
Listed2026-05-10
Days on market

Asking rent: $6,950

View on Zillow →

175 SE 25th Rd Apt 3303

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,259
Listed2026-05-04
Days on market

Asking rent: $25,000

View on Zillow →

1541 Brickell Ave Unit B3503

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,640
Listed2026-03-18
Days on market

Asking rent: $8,500

View on Zillow →

175 SE 25th Rd Apt 1904

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,946
Listed2026-04-26
Days on market

Asking rent: $17,500

View on Zillow →

175 SE 25th Rd Apt 502

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage
Listed2026-04-06
Days on market

Asking rent: $19,500

View on Zillow →

1915 Brickell Ave # #fl

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,995
Listed
Days on market

Asking rent: $8,500

View on Zillow →

1915 Brickell Ave Unit TH15

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,837
Listed2026-08-22
Days on market

Asking rent: $7,000

View on Zillow →

175 SE 25th Rd Apt 3104

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,946
Listed
Days on market

Asking rent: $25,000

View on Zillow →

2200 Brickell Ave Unit 413

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,470
Listed2026-08-28
Days on market

Asking rent: $11,000

View on Zillow →

2200 Brickell Ave # CU413

Miami, 33129 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,470
Listed
Days on market

Asking rent: $11,000

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
175 SE 25th Rd Apt 1202condos342,115$4,000,0002026-08-28
1925 Brickell Ave Apt D1808condos332,124$850,0002026-07-20
175 SE 25th Rd Apt 1601condos342,100$4,000,0002026-07-17
1865 Brickell Ave Apt A1209condos332,133$1,041,0002026-06-24
929 SW 11th St Unit H2condos342,185$800,0002026-05-20
1541 Brickell Ave Unit C608condos331,869$975,0002026-04-30
2025 Brickell Ave Apt 901condos332,149$1,112,0002026-04-13
2127 Brickell Ave Apt 801condos332,600$2,075,0002026-04-13
2451 Brickell Ave Apt 14Dcondos331,703$1,200,0002026-03-13
1627 Brickell Ave Apt 1401condos331,792$920,0002026-01-20
1643 Brickell Ave Apt 1602condos353,170$3,100,0002026-01-16
2127 Brickell Ave Apt 1701condos342,600$2,200,0002025-12-17
1925 Brickell Ave Apt D1108condos332,124$1,050,0002025-12-12
2451 Brickell Ave Unit 5EFcondos332,189$1,400,0002025-10-06

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.

AddressTypeBedsBathsSqftAsking priceDays on market
221 SW 25th Rdsingle_family335,368$4,900,000
2200 Brickell Ave Unit 416condos342,000$3,198,000
2430 Brickell Avecondos331,546$869,000
1865 Brickell Ave Unit 1865condos333,842$2,200,000
801 SW 24th Rdsingle_family321,726$1,495,000
145 SE 25th Rd Apt 1003condos332,230$938,000
2828 SW 7th Avesingle_family343,064$1,300,000
2025 Brickell Ave Apt 1401condos332,149$2,150,000

10-year hold projection

IRR-5.4%
Equity multiple0.11x
Total return (10yr)-$353,823
YearProperty valueNOICash flowLoan balanceEquity
1$3,914,000$26,202-$217,978$3,007,040$906,960
2$4,031,420$27,754-$216,670$2,971,816$1,059,604
3$4,152,363$29,372-$215,302$2,934,173$1,218,189
4$4,276,933$31,058-$213,872$2,893,946$1,382,988
5$4,405,241$32,814-$212,378$2,850,955$1,554,286
6$4,537,399$34,644-$210,817$2,805,013$1,732,386
7$4,673,521$36,550-$209,187$2,755,916$1,917,605
8$4,813,726$38,535-$207,485$2,703,447$2,110,279
9$4,958,138$40,602-$205,708$2,647,376$2,310,763
10$5,106,882$42,753-$203,854$2,587,453$2,519,429
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.