1420 S Miami Ave Unit 1807
Miami, FL 33130 · condos · For Sale · 1399 days on market
Asking price$1,592,900
1 beds 2 baths 1,194 sqft
Suggested offer$667,502$925,398 above the est. market value of $667,502.
View on Realtor.com →Listed by Johnny Mansilla · Nest Seekers International, Midtown
Typecondos
Built—
Price / sqft$1334
Est. value (own analysis)$667,502
Rent estimate (own analysis)$3,500/mo
HOANone
1 / 10
Show every detail
Statusfor_sale
Listed date2022-11-03
Removed date—
MLSNestSeekers #2546986
Coordinates25.76015, -80.19391
Address1420 S Miami Ave Unit 1807
CityMiami
StateFL
Zip33130
Listing ID9156432995
Sourceus-real-estate-listings, cached 2026-08-29
ZIP market snapshot (33130)
Typical home value (ZHVI)$515,336
Typical rent (ZORI)$3,262/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 | $1,592,900 |
| Down payment (20.0%) | $318,580 |
| Loan amount | $1,274,320 |
| Closing costs (5.0%) | $79,645 |
| Total cash to close | $398,225 |
| Income | |
| Rent (comp-derived) | $3,500$42,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,220$38,640 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,522$30,265 |
| Insurance (placeholder 0.8% of price) | $1,062$12,743 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $175$2,100 |
| Total operating expenses | $3,759$45,108 |
| 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) | $175$2,100 |
| 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 | 1 | 2 | 783 | $2,900 | 2026-08-21 | — | |
| condos | 1 | 1 | 812 | $3,800 | 2026-08-20 | — | |
| condos | 1 | 2 | 843 | $3,850 | 2026-08-19 | — | |
| condos | 1 | 1 | 782 | $2,700 | 2026-08-19 | — | |
| condos | 1 | 2 | 880 | $5,200 | 2026-08-18 | — | |
| condos | 1 | 2 | 784 | $3,300 | 2026-08-18 | — | |
| apartment | 1 | 2 | 792 | $4,250 | 2026-08-18 | — | |
| apartment | 1 | 1 | 1,200 | $1,450 | 2026-08-17 | — | |
| apartment | 1 | 1 | 1,200 | $1,250 | 2026-08-17 | — | |
| condos | 1 | 2 | 899 | $3,000 | 2026-08-17 | — | |
| condos | 1 | 2 | 866 | $4,200 | 2026-08-15 | — | |
| condos | 1 | 2 | 814 | $2,700 | 2026-08-15 | — | |
| condos | 1 | 2 | 851 | $3,600 | 2026-08-14 | — | |
| condos | 1 | 2 | 885 | $3,100 | 2026-08-14 | — | |
| condos | 1 | 2 | 1,075 | $4,100 | 2026-08-14 | — | |
| condos | 1 | 1 | 923 | $3,575 | 2026-08-13 | — | |
| condos | 1 | 2 | 792 | $3,950 | 2026-08-13 | — | |
| condos | 1 | 2 | 851 | $3,750 | 2026-08-12 | — | |
| condos | 1 | 1 | 812 | $3,400 | 2026-08-12 | — | |
| condos | 1 | 2 | 881 | $4,150 | 2026-08-11 | — | |
| condos | 1 | 2 | 825 | $3,300 | 2026-08-11 | — | |
| condos | 1 | 2 | 880 | $4,475 | 2026-08-10 | — | |
| condos | 1 | 2 | 785 | $3,100 | 2026-08-10 | — | |
| apartment | 1 | 1 | 1,260 | $1,600 | 2026-08-10 | — | |
| condos | 1 | 1 | 832 | $2,900 | 2026-08-08 | — | |
| condos | 1 | 1 | 812 | $3,450 | 2026-08-07 | — | |
| condos | 1 | 2 | 994 | $6,500 | 2026-08-07 | — | |
| condos | 1 | 1 | 812 | $3,500 | 2026-08-07 | — | |
| condos | 1 | 1 | 877 | $3,500 | 2026-08-07 | — | |
| condos | 1 | 2 | 814 | $2,900 | 2026-08-06 | — | |
| condos | 1 | 1 | 828 | $3,400 | 2026-08-06 | — | |
| condos | 1 | 2 | 795 | $3,350 | 2026-08-06 | — | |
| condos | 1 | 2 | 965 | $3,900 | 2026-08-05 | — | |
| condos | 1 | 2 | 883 | $5,000 | 2026-08-05 | — | |
| apartment | 1 | 2 | 1,060 | $3,500 | 2026-08-05 | — | |
| condos | 1 | 2 | 802 | $3,250 | 2026-07-25 | — | |
| condos | 1 | 2 | 866 | $3,900 | 2026-07-24 | — | |
| condos | 1 | 2 | 795 | $2,900 | 2026-07-24 | — | |
| condos | 1 | 2 | 881 | $4,500 | 2026-07-23 | — | |
| condos | 1 | 2 | 866 | $4,200 | 2026-07-23 | — | |
| condos | 1 | 1 | 850 | $2,800 | 2026-07-22 | — | |
| condos | 1 | 2 | 881 | $4,400 | 2026-07-22 | — | |
| condos | 1 | 1 | 812 | $3,400 | 2026-07-21 | — | |
| condos | 1 | 2 | 842 | $5,900 | 2026-07-20 | — | |
| condos | 1 | 2 | 782 | $3,000 | 2026-07-19 | — | |
| condos | 1 | 2 | 868 | $3,200 | 2026-07-18 | — | |
| condos | 1 | 2 | 795 | $3,100 | 2026-07-18 | — | |
| condos | 1 | 2 | 880 | $4,900 | 2026-07-17 | — | |
| condos | 1 | 2 | 785 | $3,250 | 2026-07-16 | — | |
| condos | 1 | 2 | 838 | $4,200 | 2026-07-15 | — | |
| condos | 1 | 2 | 881 | $4,100 | 2026-07-14 | — | |
| condos | 1 | 1 | 782 | $2,600 | 2026-07-13 | — | |
| condos | 1 | 2 | 845 | $3,550 | 2026-07-13 | — | |
| apartment | 1 | 2 | 825 | $2,850 | 2026-07-13 | — | |
| condos | 1 | 2 | 785 | $3,200 | 2026-07-13 | — | |
| condos | 1 | 1 | 819 | $3,600 | 2026-07-10 | — | |
| condos | 1 | 2 | 1,148 | $3,390 | 2026-07-08 | — | |
| condos | 1 | 1 | 923 | $3,900 | 2026-07-07 | — | |
| condos | 1 | 2 | 846 | $2,975 | 2026-07-07 | — | |
| condos | 1 | 1 | 877 | $4,000 | 2026-07-03 | — | |
| condos | 1 | 2 | 789 | $3,100 | 2026-07-02 | — | |
| condos | 1 | 2 | 796 | $2,600 | 2026-07-01 | — | |
| condos | 1 | 1 | 848 | $2,950 | 2026-06-26 | — | |
| condos | 1 | 2 | 785 | $2,900 | 2026-06-25 | — | |
| condos | 1 | 2 | 846 | $3,200 | 2026-06-24 | — | |
| condos | 1 | 2 | 889 | $4,500 | 2026-06-24 | — | |
| condos | 1 | 1 | 832 | $2,700 | 2026-06-24 | — | |
| condos | 1 | 2 | 781 | $3,200 | 2026-06-23 | — | |
| condos | 1 | 2 | 886 | $4,750 | 2026-06-18 | — | |
| condos | 1 | 2 | 1,056 | $3,550 | 2026-06-18 | — | |
| condos | 1 | 2 | 866 | $4,300 | 2026-06-18 | — | |
| apartment | 1 | 2 | 814 | $2,700 | 2026-06-18 | — | |
| condos | 1 | 1 | 812 | $3,600 | 2026-06-18 | — | |
| condos | 1 | 2 | 849 | $4,500 | 2026-06-17 | — | |
| condos | 1 | 2 | 795 | $2,700 | 2026-06-17 | — | |
| condos | 1 | 2 | 881 | $4,300 | 2026-06-17 | — | |
| condos | 1 | 2 | 860 | $2,700 | 2026-06-17 | — | |
| condos | 1 | 2 | 995 | $4,100 | 2026-06-12 | — | |
| condos | 1 | 2 | 881 | $4,100 | 2026-06-12 | — | |
| condos | 1 | 2 | 883 | $4,800 | 2026-06-10 | — | |
| condos | 1 | 2 | 866 | $3,990 | 2026-06-10 | — | |
| condos | 1 | 2 | 965 | $4,000 | 2026-06-10 | — | |
| condos | 1 | 1 | 828 | $3,290 | 2026-06-08 | — | |
| apartment | 1 | 1.5 | 800 | $2,000 | 2025-02-14 | — | |
| condos | 1 | 2 | 870 | $4,200 | 2026-06-08 | — | |
| condos | 1 | 2 | 972 | $4,300 | 2026-06-08 | — | |
| apartment | 1 | 2 | 889 | $5,500 | 2026-06-04 | — | |
| condos | 1 | 2 | 780 | $3,200 | 2026-06-03 | — | |
| condos | 1 | 2 | 881 | $4,500 | 2026-06-02 | — | |
| condos | 1 | 2 | 843 | $3,800 | 2026-05-31 | — | |
| condos | 1 | 2 | 883 | $4,500 | 2026-05-31 | — | |
| apartment | 1 | 2 | 860 | $2,700 | 2026-05-30 | — | |
| condos | 1 | 1 | 814 | $2,750 | 2026-05-29 | — | |
| condos | 1 | 2 | 883 | $5,200 | 2026-05-29 | — | |
| condos | 1 | 2 | 866 | $3,900 | 2026-05-29 | — | |
| condos | 1 | 2 | 885 | $3,100 | 2026-05-28 | — | |
| condos | 1 | 1 | 814 | $2,800 | 2026-05-27 | — | |
| condos | 1 | 2 | 849 | $4,000 | 2026-05-23 | — | |
| condos | 1 | 2 | 784 | $3,090 | 2026-05-20 | — | |
| condos | 1 | 1 | 825 | $2,900 | 2026-05-13 | — | |
| apartment | 1 | 1 | 908 | $5,580 | 2026-05-08 | — | |
| condos | 1 | 2 | 951 | $3,800 | 2026-05-08 | — | |
| condos | 1 | 2 | 851 | $3,825 | 2026-05-04 | — | |
| condos | 1 | 1 | 812 | $3,500 | 2026-05-04 | — | |
| condos | 1 | 2 | 849 | $5,700 | 2026-04-28 | — | |
| apartment | 1 | 2 | 852 | $3,850 | 2026-08-04 | — | |
| apartment | 1 | 2 | 886 | $4,500 | 2026-08-04 | — | |
| condos | 1 | 2 | 826 | $4,000 | 2026-08-03 | — | |
| condos | 1 | 2 | 880 | $4,850 | 2026-08-03 | — | |
| condos | 1 | 2 | 838 | $4,450 | 2026-08-02 | — | |
| apartment | 1 | 1 | 1,000 | $1,200 | 2026-08-02 | — | |
| condos | 1 | 1 | 942 | $3,800 | 2026-07-31 | — | |
| condos | 1 | 2 | 860 | $2,750 | 2026-07-31 | — | |
| apartment | 1 | 2 | 780 | $3,000 | 2026-07-30 | — | |
| condos | 1 | 2 | 783 | $2,650 | 2026-07-29 | — | |
| condos | 1 | 1 | 825 | $1,500 | 2026-07-29 | — | |
| condos | 1 | 1 | 789 | $2,650 | 2026-07-29 | — | |
| condos | 1 | 2 | 881 | $4,500 | 2026-07-28 | — | |
| condos | 1 | 2 | 805 | $4,800 | 2026-07-28 | — | |
| condos | 1 | 2 | 825 | $2,900 | 2026-07-27 | — | |
| condos | 1 | 1 | 814 | $2,900 | 2026-07-27 | — | |
| condos | 1 | 2 | 951 | $3,900 | 2026-01-13 | — | |
| condos | 1 | 2 | 838 | $2,595 | 2026-08-24 | — | |
| condos | 1 | 2 | 885 | $3,100 | 2026-08-24 | — | |
| apartment | 1 | 2 | 899 | $3,000 | 2026-04-11 | — | |
| condos | 1 | 2 | 780 | $3,500 | 2026-01-12 | — | |
| condos | 1 | 2 | 849 | $4,200 | 2026-04-21 | — | |
| condos | 1 | 2 | 1,056 | $3,400 | 2026-03-23 | — | |
| condos | 1 | 1 | 814 | $3,075 | 2026-04-04 | — | |
| condos | 1 | 2 | 851 | $3,800 | 2026-04-19 | — | |
| condos | 1 | 2 | 852 | $3,900 | 2026-03-25 | — | |
| condos | 1 | 2 | 826 | $4,300 | 2026-04-01 | — | |
| condos | 1 | 2 | 843 | $3,850 | — | — | |
| apartment | 1 | 1 | 1,000 | $1,225 | 2026-08-02 | — | |
| apartment | 1 | 1 | 784 | $3,200 | — | — | |
| apartment | 1 | 1 | 784 | $3,400 | — | — | |
| condos | 1 | 2 | 850 | $4,200 | — | — | |
| apartment | 1 | 1 | 809 | $3,406 | — | — | |
| apartment | 1 | 1 | 783 | $3,885 | — | — | |
| apartment | 1 | 1 | 870 | $2,800 | — | — | |
| apartment | 1 | 1 | 778 | $2,682 | — | — | |
| apartment | 1 | 1 | 783 | $3,632 | — | — | |
| apartment | 1 | 2 | 861 | $2,859 | — | — | |
| condos | 1 | 2 | 866 | $5,700 | 2026-08-26 | — | |
| condos | 1 | 1 | 819 | $3,600 | 2026-08-25 | — | |
| condos | 1 | 2 | 852 | $3,850 | 2026-08-25 | — | |
| condos | 1 | 2 | 792 | $4,200 | 2026-08-25 | — | |
| condos | 1 | 1 | 832 | $2,775 | 2026-04-02 | — | |
| condos | 1 | 2 | 872 | $4,200 | 2026-04-13 | — | |
| condos | 1 | 2 | 1,075 | $4,100 | — | — | |
| apartment | 1 | 1 | 792 | $3,262 | — | — | |
| apartment | 1 | 1 | 800 | $2,677 | — | — | |
| apartment | 1 | 1 | 800 | $2,869 | — | — | |
| apartment | 1 | 1 | 778 | $2,927 | — | — | |
| condos | 1 | 2 | 792 | $3,950 | — | — | |
| apartment | 1 | 1 | 783 | $3,787 | — | — | |
| apartment | 1 | 2 | 861 | $2,909 | — | — | |
| apartment | 1 | 1 | 876 | $2,929 | — | — | |
| apartment | 1 | 1 | 800 | $2,902 | — | — | |
| apartment | 1 | 1 | 841 | $2,990 | — | — | |
| apartment | 1 | 1 | 841 | $3,030 | — | — | |
| apartment | 1 | 1 | 830 | $3,229 | — | — | |
| apartment | 1 | 2 | 861 | $3,239 | — | — | |
| apartment | 1 | 1 | 830 | $3,229 | — | — | |
| apartment | 1 | 1 | 876 | $3,349 | — | — | |
| apartment | 1 | 1 | 809 | $3,246 | — | — | |
| apartment | 1 | 2 | 861 | $3,289 | — | — | |
| apartment | 1 | 1 | 809 | $3,411 | — | — | |
| apartment | 1 | 1 | 809 | $3,381 | — | — | |
| apartment | 1 | 1 | 841 | $3,220 | — | — | |
| apartment | 1 | 1 | 841 | $3,200 | — | — | |
| apartment | 1 | 1 | 809 | $3,606 | — | — | |
| apartment | 1 | 1 | 783 | $3,637 | — | — | |
| apartment | 1 | 1 | 908 | $6,800 | — | — | |
| apartment | 1 | 1 | 783 | $3,717 | — | — | |
| apartment | 1 | 1 | 783 | $3,667 | — | — | |
| apartment | 1 | 1 | 809 | $3,922 | — | — | |
| apartment | 1 | 1 | 828 | $4,153 | — | — | |
| apartment | 1 | 1 | 828 | $4,153 | — | — | |
| apartment | 1 | 1 | 828 | $4,353 | — | — | |
| apartment | 1 | 1 | 908 | $4,373 | — | — | |
| apartment | 1 | 1 | 908 | $4,383 | — | — | |
| apartment | 1 | 1 | 908 | $5,728 | — | — | |
| apartment | 1 | 1 | 908 | $5,925 | — | — | |
| apartment | 1 | 1 | 908 | $5,625 | — | — | |
| condos | 1 | 2 | 880 | $4,850 | — | — | |
| condos | 1 | 1 | 821 | $3,750 | 2026-09-01 | — | |
| condos | 1 | 1 | 814 | $3,500 | 2026-09-01 | — | |
| condos | 1 | 2 | 843 | $3,850 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 999 SW 1st Ave Apt 1201 | condos | 1 | 1 | 762 | $422,500 | 2026-08-21 |
| 45 SW 9th St Apt 2009 | condos | 1 | 2 | 738 | $480,000 | 2026-08-14 |
| 45 SW 9th St Apt 3502 | condos | 1 | 2 | 792 | $575,000 | 2026-08-12 |
| 350 S Miami Ave Apt 3508 | condos | 1 | 1 | 768 | $360,000 | 2026-07-31 |
| 1100 S Miami Ave Apt 3303 | condos | 1 | 1 | 923 | $516,000 | 2026-07-27 |
| 10 SW S River Dr Unit 708 | condos | 1 | 1 | 696 | $270,000 | 2026-07-14 |
| 92 SW 3rd St Apt 1807 | condos | 1 | 2 | 789 | $395,000 | 2026-07-10 |
| 1300 S Miami Ave Unit 1107 | condos | 1 | 1 | 570 | $467,000 | 2026-07-01 |
| 777 SW 9th Ave Apt 409 | condos | 1 | 1 | 551 | $160,000 | 2026-06-29 |
| 92 SW 3rd St Apt 4109 | condos | 1 | 1 | 764 | $415,000 | 2026-06-23 |
| 55 SW 9th St Apt 1802 | condos | 1 | 1 | 609 | $430,000 | 2026-06-17 |
| 45 SW 9th St Apt 1609 | condos | 1 | 2 | 738 | $450,000 | 2026-06-17 |
| 350 S Miami Ave Apt 3507 | condos | 1 | 1 | 768 | $340,000 | 2026-06-08 |
| 185 SW 7th St Apt 2514 | condos | 1 | 1 | 789 | $390,000 | 2026-06-01 |
| 60 SW 13th St Apt 3004 | condos | 1 | 2 | 780 | $390,000 | 2026-05-20 |
| 88 SW 7th St Apt 2008 | condos | 1 | 2 | 883 | $550,000 | 2026-05-15 |
| 1300 S Miami Ave Unit 1003 | condos | 1 | 2 | 880 | $560,000 | 2026-05-13 |
| 30 SW 11th Ave Apt 4 | condos | 1 | 2 | 723 | $181,000 | 2026-04-30 |
| 185 SW 7th St Apt 4004 | condos | 1 | 1 | 848 | $400,000 | 2026-04-30 |
| 1300 S Miami Ave Unit 1503 | condos | 1 | 2 | 880 | $595,000 | 2026-04-30 |
| 60 SW 13th St Apt 3405 | condos | 1 | 1 | 595 | $345,000 | 2026-04-27 |
| 90 SW 3rd St Apt 3010 | condos | 1 | 1 | 814 | $415,000 | 2026-04-10 |
| 690 SW 1st Ct Apt 1517 | condos | 1 | 2 | 795 | $340,000 | 2026-04-07 |
| 350 S Miami Ave Apt 1907 | condos | 1 | 1 | 768 | $347,000 | 2026-04-01 |
| 1010 SW 2nd Ave Unit 1010 | condos | 1 | 1 | 648 | $360,000 | 2026-03-30 |
| 350 S Miami Ave Apt 2712 | condos | 1 | 1 | 704 | $310,000 | 2026-03-27 |
| 185 SW 7th St Apt 3814 | condos | 1 | 1 | 789 | $380,000 | 2026-03-26 |
| 79 SW 12th St Apt 1002S | condos | 1 | 1 | 693 | $395,000 | 2026-03-25 |
| 88 SW 7th St Apt 1808 | condos | 1 | 2 | 883 | $560,000 | 2026-03-25 |
| 55 SW 9th St Apt 4004 | condos | 1 | 2 | 851 | $600,000 | 2026-03-18 |
| 1051 SW 1st St Apt 110 | condos | 1 | 1 | 707 | $138,500 | 2026-03-16 |
| 1300 S Miami Ave Unit 4704 | condos | 1 | 1 | 699 | $620,000 | 2026-03-16 |
| 350 S Miami Ave Apt 1208 | condos | 1 | 1 | 740 | $345,000 | 2026-03-09 |
| 999 SW 1st Ave Apt 2208 | condos | 1 | 1 | 674 | $430,000 | 2026-03-09 |
| 199 SW 12th Ave Unit 410A | condos | 1 | 1 | 632 | $169,000 | 2026-03-06 |
| 79 SW 12th St Apt 2811 | condos | 1 | 1 | — | $405,000 | 2026-03-02 |
| 1300 S Miami Ave Unit 4303 | condos | 1 | 2 | 880 | $650,000 | 2026-02-26 |
| 185 SW 7th St Apt 4204 | condos | 1 | 1 | 871 | $400,000 | 2026-02-24 |
| 1300 S Miami Ave Unit 2508 | condos | 1 | 2 | 649 | $495,000 | 2026-02-10 |
| 350 S Miami Ave Apt 1410 | condos | 1 | 1 | 740 | $335,000 | 2026-01-26 |
| 92 SW 3rd St Apt 3809 | condos | 1 | 1 | 764 | $410,000 | 2026-01-20 |
| 45 SW 9th St Apt 1107 | condos | 1 | 1 | 620 | $460,000 | 2026-01-20 |
| 185 SW 7th St Apt 1508 | condos | 1 | 1 | 783 | $360,000 | 2026-01-16 |
| 60 SW 13th St Apt 2609 | condos | 1 | 2 | 663 | $385,000 | 2026-01-16 |
| 801 S Miami Ave Unit 3306 | condos | 1 | 2 | 881 | $604,000 | 2026-01-14 |
| 801 S Miami Ave Unit 1708 | condos | 1 | 2 | 849 | $575,000 | 2026-01-12 |
| 1100 S Miami Ave Apt 1809 | condos | 1 | 1 | 769 | $475,000 | 2026-01-08 |
| 60 SW 13th St Apt 3407 | condos | 1 | 1 | 615 | $355,000 | 2026-01-08 |
| 801 S Miami Ave Unit 1803 | condos | 1 | 2 | 838 | $600,000 | 2025-12-30 |
| 88 SW 7th St Apt 1008 | condos | 1 | 2 | 883 | $610,000 | 2025-12-23 |
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 |
|---|---|---|---|---|---|---|
| 90 SW 3rd St Apt 1608 | condos | 1 | 1 | 736 | $390,000 | — |
| 1100 S Miami Ave Apt 2608 | condos | 1 | 1 | 812 | $523,000 | — |
| 45 SW 9th St Apt 1604 | condos | 1 | 2 | 843 | $559,000 | — |
| 801 S Miami Ave Unit 2306 | condos | 1 | 2 | 881 | $615,000 | — |
| 60 SW 13th St Apt 4008 | condos | 1 | 2 | 686 | $440,000 | — |
| 690 SW 1st Ct Apt 1934 | condos | 1 | 1 | 602 | $330,999 | — |
| 90 SW 3rd St Unit 300B | condos | 1 | 2 | 1,111 | $489,879 | — |
| 999 SW 1st Ave Apt 2009 | condos | 1 | 1 | 819 | $458,000 | — |
10-year hold projection
IRR-8.0%
Equity multiple-0.35x
Total return (10yr)-$331,099
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,640,687 | -$6,468 | -$106,838 | $1,260,504 | $380,183 |
| 2 | $1,689,908 | -$6,437 | -$106,859 | $1,245,738 | $444,169 |
| 3 | $1,740,605 | -$6,399 | -$106,874 | $1,229,959 | $510,646 |
| 4 | $1,792,823 | -$6,354 | -$106,885 | $1,213,097 | $579,726 |
| 5 | $1,846,608 | -$6,301 | -$106,889 | $1,195,076 | $651,532 |
| 6 | $1,902,006 | -$6,242 | -$106,887 | $1,175,818 | $726,188 |
| 7 | $1,959,066 | -$6,174 | -$106,878 | $1,155,237 | $803,829 |
| 8 | $2,017,838 | -$6,097 | -$106,863 | $1,133,243 | $884,595 |
| 9 | $2,078,373 | -$6,012 | -$106,840 | $1,109,739 | $968,635 |
| 10 | $2,140,724 | -$5,918 | -$106,810 | $1,084,620 | $1,056,104 |
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.