1440-1444 NE 147 St

North Miami Beach, FL 33161 · multi_family · For Sale · 57 days on market
Asking price$1,150,000
8 beds 4 baths 3,200 sqft
View on Realtor.com →
Listed by Mildred March · Titan Properties
Typemulti_family
Built2026
Price / sqft$359
Est. value (own analysis)$1,173,344
Rent estimate (building total, own analysis)$7,467/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-07
Removed date
MLSMiamiMLS #A12049262
Coordinates25.91068, -80.17041
Address1440-1444 NE 147 St
CityNorth Miami Beach
StateFL
Zip33161
Listing ID9199412490
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33161)

Typical home value (ZHVI)$498,596
Typical rent (ZORI)$2,323/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$1,150,000
Down payment (20.0%)$230,000
Loan amount$920,000
Closing costs (5.0%)$57,500
Total cash to close$287,500
Rent (estimate)$7,467$89,600
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$89,600
Vacancy rate (assumption) assumption8.0%

$89,600 × 8.0% = $7,168

Effective gross income$6,869$82,432
Property tax (placeholder 1.9% of price)$1,821$21,850
Insurance (placeholder 0.8% of price)$767$9,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$373$4,480
Total operating expenses$2,961$35,530
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$82,432
Total operating expenses derived$35,530

$82,432 − $35,530 = $46,902

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$920,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$920,000 amortized at 6.7% over 30 years = $5,912/mo

CapEx reserve (5.0% of GSR)$373$4,480
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$46,902
Annual debt service derived$70,946
Annual CapEx reserve assumption$4,480
Annual PMI assumption$0

($46,902 − $70,946 − $4,480 − $0) ÷ 12 = -$2,377

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$46,902
Purchase price data$1,150,000

$46,902 ÷ $1,150,000 = 4.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$28,524
Total cash to close derived$287,500

-$28,524 ÷ $287,500 = -9.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$46,902
Annual debt service derived$70,946

$46,902 ÷ $70,946 = 0.66

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$89,600
Purchase price data$1,150,000

($89,600 ÷ 12) ÷ $1,150,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,150,000
Gross scheduled rent (annual) comp$89,600

$1,150,000 ÷ $89,600 = 12.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$35,530
Effective gross income derived$82,432

$35,530 ÷ $82,432 = 43.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$35,530
Annual debt service derived$70,946
Annual PMI assumption$0
Gross scheduled rent (annual) comp$89,600

($35,530 + $70,946 + $0) ÷ $89,600 = 118.8%

Comparables

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

No active rental listings cached yet for this bedroom count.

Widened to any bedroom count in ZIP. 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
525 NE 132nd Termulti_family2,168$715,0002026-08-28
1015 NE 112th Stmulti_family1,626$927,8002026-08-28
14615 NE 14th Avemulti_family1,920$640,0002026-08-25
11003 NE 12th Avemulti_family431,924$722,0002026-08-11
11310 E Peachtree Drmulti_family1,204$565,0002026-08-10
1371 NE 150th Stmulti_family421,500$545,0002026-07-06
655 NE 135th Stmulti_family2,892$600,0002026-06-26
1297 NE 110th Termulti_family331,970$895,0002026-05-28
1376 NE 111th St # 2multi_family441,749$700,0002026-05-19
11020 NE 10th Avemulti_family421,805$855,0002026-05-15
1380 NE 111th Stmulti_family1,749$700,0002026-05-13
11741 NE 13th Avemulti_family808$341,0002026-05-08
1490 NE 110th Termulti_family441,584$400,0002026-04-23
1555 NE 148th Stmulti_family531,967$660,0002026-04-22
11812 NE 14th Avemulti_family2,614$805,0002026-04-22
1183 NE 111th Stmulti_family863,136$981,5002026-04-20
1560 NE 130th Stmulti_family421,900$350,0002026-04-15
1185 NE 111th Stmulti_family3,136$990,0002026-04-03
210 NE 110th Stmulti_family1,198$650,0002026-03-30
1296 NE 112th Stmulti_family421,920$805,0002026-03-23
14443 S Biscayne River Rdmulti_family522,384$768,0002026-03-19
11105 NE 9th Ave # 0multi_family421,690$875,0002026-03-02
15003 NE 8th Avemulti_family612,130$905,0002026-02-26
1550 NE 118th Termulti_family441,848$680,0002026-02-26
11105 NE 9th Avemulti_family1,690$875,0002026-02-19
12345 NE 11th Ctmulti_family2,422$867,5002026-02-18
11221 NE 9th Ctmulti_family1,460$860,0002026-02-03
780 NE 127th Stmulti_family553,780$715,0002026-01-21
1521 NE 131st Stmulti_family1,560$570,0002026-01-05
266 NE 111th Stmulti_family1,724$560,0002025-12-31
960 NE 121st Stmulti_family1,487$625,0002025-12-31
643-645 NE 149th Stmulti_family2,594$675,0002025-12-26
14501 NE 14th Avemulti_family103,900$1,458,0002025-12-23
12400 NE 11th Ctmulti_family3,784$1,420,0002025-12-22
1291 NE 146th Stmulti_family21,128$540,0002025-12-18
1051 NE 149th Stmulti_family422,765$60,0002025-12-15
570 NE 145th Stmulti_family773,780$1,085,0002025-12-04
555 NE 149th Stmulti_family845,724$1,320,0002025-12-04
1371 NE 110th Termulti_family1,624$665,0002025-11-25
1350 NE 146th Stmulti_family442,310$460,0002025-11-17
14600 NE 14th Avemulti_family1,565$600,0002025-10-20
1315 NE 146th Stmulti_family1,780$650,0002025-10-17
520 NE 137th Stmulti_family2,600$710,0002025-10-16
1540 NE 118th Stmulti_family221,720$685,0002025-10-14
1085 NE 126th Stmulti_family2,392$750,0002025-10-08
660 NE 132nd Stmulti_family331,648$435,0002025-10-07
670 NE 132nd Stmulti_family321,296$610,0002025-10-07
1236 NE 109th Stmulti_family1,950$800,0002025-09-29
580 NE 139th Stmulti_family1,431$535,0002025-09-17
1330 NE 117th Termulti_family642,300$755,0002025-09-17

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
12501 NE 5th Avemulti_family843,007$1,200,000

10-year hold projection

IRR3.7%
Equity multiple1.59x
Total return (10yr)$319,742
YearProperty valueNOICash flowLoan balanceEquity
1$1,184,500$46,902-$28,524$910,025$274,475
2$1,220,035$48,487-$27,051$899,365$320,670
3$1,256,636$50,123-$25,529$887,973$368,663
4$1,294,335$51,814-$23,957$875,799$418,536
5$1,333,165$53,560-$22,332$862,789$470,376
6$1,373,160$55,362-$20,652$848,885$524,275
7$1,414,355$57,224-$18,917$834,027$580,328
8$1,456,786$59,147-$17,124$818,148$638,637
9$1,500,489$61,133-$15,272$801,179$699,310
10$1,545,504$63,183-$13,358$783,045$762,459
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.