2688 SW 25th Ave

Miami, FL 33133 · townhomes · For Sale · 33 days on market
Asking price$1,275,000
3 beds 3 baths 2,446 sqft
View on Realtor.com →
Listed by Liz Hogan · COMPASS
Typetownhomes
Built2025
Price / sqft$521
Est. value (own analysis)$1,721,511
Rent estimate (own analysis)$9,985/mo
HOA$911/mo
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Neighborhood

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Statusfor_sale
Listed date2026-07-31
Removed date
MLSMiamiMLS #A12061987
Coordinates25.74210, -80.23605
Address2688 SW 25th Ave
CityMiami
StateFL
Zip33133
Listing ID9140326554
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33133)

Typical home value (ZHVI)$1,352,044
Typical rent (ZORI)$3,793/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$1,275,000
Down payment (20.0%)$255,000
Loan amount$1,020,000
Closing costs (5.0%)$63,750
Total cash to close$318,750
Rent (comp-derived)$9,985$119,820
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$119,820
Vacancy rate (assumption) assumption8.0%

$119,820 × 8.0% = $9,586

Effective gross income$9,186$110,234
Property tax (placeholder 1.9% of price)$2,019$24,225
Insurance (placeholder 0.8% of price)$850$10,200
HOA dues$911$10,932
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$499$5,991
Total operating expenses$4,279$51,348
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$110,234
Total operating expenses derived$51,348

$110,234 − $51,348 = $58,886

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$1,020,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,020,000 amortized at 6.7% over 30 years = $6,555/mo

CapEx reserve (5.0% of GSR)$499$5,991
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$58,886
Annual debt service derived$78,657
Annual CapEx reserve assumption$5,991
Annual PMI assumption$0

($58,886 − $78,657 − $5,991 − $0) ÷ 12 = -$2,147

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$58,886
Purchase price data$1,275,000

$58,886 ÷ $1,275,000 = 4.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$25,762
Total cash to close derived$318,750

-$25,762 ÷ $318,750 = -8.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$58,886
Annual debt service derived$78,657

$58,886 ÷ $78,657 = 0.75

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$119,820
Purchase price data$1,275,000

($119,820 ÷ 12) ÷ $1,275,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,275,000
Gross scheduled rent (annual) comp$119,820

$1,275,000 ÷ $119,820 = 10.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$51,348
Effective gross income derived$110,234

$51,348 ÷ $110,234 = 46.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$51,348
Annual debt service derived$78,657
Annual PMI assumption$0
Gross scheduled rent (annual) comp$119,820

($51,348 + $78,657 + $0) ÷ $119,820 = 108.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes331,719$6,8002026-08-14
townhomes332,454$12,5002026-08-05
townhomes332,200$5,0002026-07-05
townhomes332,040$5,9002026-06-23
townhomes331,650$12,0002026-06-17
townhomes331,650$12,0002026-06-16
townhomes342,291$13,5002026-06-01
townhomes331,604$9,9852026-08-03
townhomes331,604$9,9852026-08-03
townhomes331,629$4,7002026-08-02
townhomes332,300$9,9982026-07-31
townhomes332,160$8,0002026-07-30
townhomes332,110$11,0002026-08-24

2869 W Trade Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,719
Listed2026-08-14
Days on market

Asking rent: $6,800

View on Zillow →

2938 Catalina St

Coconut Grove, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,454
Listed2026-08-05
Days on market

Asking rent: $12,500

View on Zillow →

2782 SW 33rd Ave Unit 2782

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,200
Listed2026-07-05
Days on market

Asking rent: $5,000

View on Zillow →

2919 Virginia St

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,040
Listed2026-06-23
Days on market

Asking rent: $5,900

View on Zillow →

3125 Paola Dr Unit 15

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,650
Listed2026-06-17
Days on market

Asking rent: $12,000

View on Zillow →

3125 Paola Dr

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,650
Listed2026-06-16
Days on market

Asking rent: $12,000

View on Zillow →

3135 Ohio St Unit 3135

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,291
Listed2026-06-01
Days on market

Asking rent: $13,500

View on Zillow →

3603 Thomas Ave

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,604
Listed2026-08-03
Days on market

Asking rent: $9,985

View on Zillow →

3620 Plaza St

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,604
Listed2026-08-03
Days on market

Asking rent: $9,985

View on Zillow →

2732 SW 26th St Unit 2732

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,629
Listed2026-08-02
Days on market

Asking rent: $4,700

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3160 Matilda St Unit 3160

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,300
Listed2026-07-31
Days on market

Asking rent: $9,998

View on Zillow →

3067 Carter St

Miami, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,160
Listed2026-07-30
Days on market

Asking rent: $8,000

View on Zillow →

3068 Shipping Ave

Coconut Grove, 33133 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,110
Listed2026-08-24
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
2977 Bridgeport Avetownhomes342,802$2,520,0002026-07-31
3376 Day Ave Unit Btownhomes33$1,475,0002026-07-31
2721 SW 22nd Ave Unit Ctownhomes332,215$1,799,0002026-07-20
3374 Day Ave Unit Atownhomes33$1,575,0002026-07-17
2917 SW 30th Ct Unit 2917townhomes342,445$1,130,0002026-07-02
3318 Day Ave Unit 7townhomes332,577$1,575,0002026-06-29
3407 Day Ave Unit 3407townhomes332,522$1,775,0002026-06-16

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
3350 SW 27th Ave Apt 1802condos332,522$3,100,000
3 Grove Isle Dr Unit C410condos332,424$2,695,000
2678 Tigertail Ave Apt 401condos341,811$3,250,000
2901 S Bayshore Dr Apt 1Bcondos321,587$1,985,000
3431 SW 25th Stsingle_family321,296$740,000
2155 SW 25th Tersingle_family331,628$1,429,000
2678 Tigertail Ave Apt 1806condos342,058$3,995,000
2 Grove Isle Dr Unit B1109condos332,614$2,900,000

10-year hold projection

IRR5.1%
Equity multiple1.81x
Total return (10yr)$425,082
YearProperty valueNOICash flowLoan balanceEquity
1$1,313,250$58,886-$25,762$1,008,941$304,309
2$1,352,648$60,910-$23,889$997,123$355,525
3$1,393,227$63,000-$21,952$984,493$408,734
4$1,435,024$65,160-$19,949$970,995$464,029
5$1,478,074$67,391-$17,879$956,571$521,504
6$1,522,417$69,696-$15,739$941,156$581,261
7$1,568,089$72,078-$13,528$924,683$643,406
8$1,615,132$74,538-$11,241$907,078$708,054
9$1,663,586$77,079-$8,878$888,265$775,321
10$1,713,493$79,704-$6,435$868,160$845,334
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.