7300 Ocean Ter

Miami Beach, FL 33141 · single_family · For Sale · 217 days on market
Asking price$49,900,000
0 beds — baths — sqft
Suggested offer$2,425,000$47,475,000 above the est. market value of $2,425,000.
View on Realtor.com →
Listed by Fabian Garcia Diaz · One Sotheby's International Realty
Typesingle_family
Built2023
Price / sqft
Est. value (own analysis)$2,425,000
Rent estimate (Zillow ZIP avg)$2,504/mo
HOANone
Street view
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-01-28
Removed date
MLSMiamiMLS #A11952989
Coordinates25.85865, -80.12012
Address7300 Ocean Ter
CityMiami Beach
StateFL
Zip33141
Listing ID9218762716
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33141)

Typical home value (ZHVI)$429,204
Typical rent (ZORI)$2,504/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$49,900,000
Down payment (20.0%)$9,980,000
Loan amount$39,920,000
Closing costs (5.0%)$2,495,000
Total cash to close$12,475,000
Rent (ZIP avg, ZORI — not bedroom-specific)$2,504$30,049
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$30,049
Vacancy rate (assumption) assumption8.0%

$30,049 × 8.0% = $2,404

Effective gross income$2,304$27,645
Property tax (placeholder 1.9% of price)$79,008$948,100
Insurance (placeholder 0.8% of price)$33,267$399,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$125$1,502
Total operating expenses$112,400$1,348,802
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$27,645
Total operating expenses derived$1,348,802

$27,645 − $1,348,802 = -$1,321,157

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$39,920,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$39,920,000 amortized at 6.7% over 30 years = $256,537/mo

CapEx reserve (5.0% of GSR)$125$1,502
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-$1,321,157
Annual debt service derived$3,078,440
Annual CapEx reserve assumption$1,502
Annual PMI assumption$0

(-$1,321,157 − $3,078,440 − $1,502 − $0) ÷ 12 = -$366,758

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$1,321,157
Purchase price data$49,900,000

-$1,321,157 ÷ $49,900,000 = -2.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$4,401,100
Total cash to close derived$12,475,000

-$4,401,100 ÷ $12,475,000 = -35.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$1,321,157
Annual debt service derived$3,078,440

-$1,321,157 ÷ $3,078,440 = -0.43

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$30,049
Purchase price data$49,900,000

($30,049 ÷ 12) ÷ $49,900,000 = 0.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$49,900,000
Gross scheduled rent (annual) comp$30,049

$49,900,000 ÷ $30,049 = 1660.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$1,348,802
Effective gross income derived$27,645

$1,348,802 ÷ $27,645 = 4879.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$1,348,802
Annual debt service derived$3,078,440
Annual PMI assumption$0
Gross scheduled rent (annual) comp$30,049

($1,348,802 + $3,078,440 + $0) ÷ $30,049 = 14733.4%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family01$1,800

7885 Crespi Blvd Unit 3

Miami, 33141 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage
Listed
Days on market

Asking rent: $1,800

View on Zillow →

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
7815 Atlantic Waysingle_family575,868$22,000,0002026-09-02
1405 Stillwater Drsingle_family433,019$3,975,0002026-08-28
545 S Shore Drsingle_family453,375$2,700,0002026-08-28
8055 Noremac Avesingle_family342,922$4,850,0002026-08-26
970 S Shore Drsingle_family453,016$3,300,0002026-08-17
1311 Bay Drsingle_family552,842$2,950,0002026-08-14
7770 Hawthorne Avesingle_family321,978$2,450,0002026-08-07
717 85th Stsingle_family211,296$200,0002026-08-05
1040 S Shore Drsingle_family555,647$4,400,0002026-08-03
7724 Hawthorne Avesingle_family553,000$2,375,0002026-07-31
1410 Cleveland Rdsingle_family322,592$2,650,0002026-07-27
425 N Shore Drsingle_family434,502$7,000,0002026-07-27
6535 Allison Rdsingle_family665,809$12,950,0002026-07-21
7544 Adventure Avesingle_family431,574$980,0002026-07-17
905 Fairway Drsingle_family222,122$2,245,0002026-07-15
7975 Crespi Blvd Apt 2single_family11657$268,0002026-07-01
11 LA Gorce Cirsingle_family565,656$10,500,0002026-06-30
17 LA Gorce Cirsingle_family665,135$9,750,0002026-06-25
6693 Windsor Lnsingle_family543,695$5,950,0002026-06-25
1323 Cleveland Rdsingle_family432,011$2,100,0002026-06-22
1351 Stillwater Drsingle_family563,798$7,500,0002026-06-18
1555 71st Stsingle_family321,784$910,5002026-06-12
7532 Hispanola Avesingle_family321,834$1,250,0002026-06-11
7431 Coquina Drsingle_family331,948$1,656,0002026-06-05
1409 Biarritz Drsingle_family311,675$1,300,0002026-06-05
1594 Biarritz Drsingle_family221,320$800,0002026-06-04
7950 Biscayne Point Cirsingle_family333,228$9,000,0002026-06-01
1500 Biarritz Drsingle_family332,684$1,550,0002026-05-26
1756 71st Stsingle_family321,362$930,0002026-05-21
6380 N Bay Rdsingle_family444,494$25,500,0002026-05-20
1310 Cleveland Rdsingle_family321,656$2,350,0002026-05-19
1275 N Biscayne Point Rdsingle_family432,523$7,200,0002026-05-18
235 N Shore Drsingle_family322,503$5,300,0002026-05-13
1825 Cleveland Rdsingle_family564,473$9,000,0002026-05-11
330 N Shore Drsingle_family221,700$1,500,0002026-05-01
6465 Pinetree Drive Cirsingle_family554,432$12,200,0002026-04-24
1855 Daytonia Rdsingle_family322,828$2,400,0002026-04-24
1185 Biarritz Drsingle_family211,608$1,150,0002026-04-24
765 N Shore Drsingle_family433,650$5,900,0002026-04-15
1201 S Biscayne Point Rdsingle_family331,505$1,450,0002026-04-10
7710 Beachview Drsingle_family321,560$1,575,0002026-04-10
7027 Trouville Esplanadesingle_family221,345$855,0002026-04-09
7431 Center Bay Drsingle_family332,926$1,900,0002026-04-09
1750 Bay Drsingle_family544,428$9,450,0002026-04-09
7560 W Treasure Drsingle_family321,591$500,0002026-04-08
1810 Daytonia Rdsingle_family335,466$7,050,0002026-04-07
1205 N Biscayne Point Rdsingle_family332,764$6,300,0002026-04-07
1681 Bay Drsingle_family411,939$840,0002026-03-30
7830 Hawthorne Avesingle_family221,455$1,500,0002026-03-27
1721 S Treasure Drsingle_family322,036$1,090,0002026-03-25

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
7928 Harding Ave Apt 3condos01394$180,000
7720 Harding Ave Apt 8condos01406$130,000
6490 Collins Ave Apt 14condos01375$145,000
6484 Indian Creek Dr Apt 111condos01$100,000
300 74th St Apt 6condos01468$215,000
6498 Collins Ave Apt 41condos01370$168,000
6484 Indian Creek Dr Apt 320condos01$153,000
6484 Indian Creek Dr Apt 238condos01$150,000

10-year hold projection

IRR-13.5%
Equity multiple-1.33x
Total return (10yr)-$22,491,384
YearProperty valueNOICash flowLoan balanceEquity
1$51,397,000-$1,321,157-$4,401,100$39,487,179$11,909,822
2$52,938,910-$1,354,048-$4,434,028$39,024,635$13,914,275
3$54,527,077-$1,387,757-$4,467,775$38,530,328$15,996,750
4$56,162,890-$1,422,304-$4,502,362$38,002,076$18,160,814
5$57,847,776-$1,457,711-$4,537,809$37,437,548$20,410,228
6$59,583,210-$1,493,998-$4,574,138$36,834,254$22,748,955
7$61,370,706-$1,531,188-$4,611,370$36,189,531$25,181,174
8$63,211,827-$1,569,302-$4,649,528$35,500,535$27,711,292
9$65,108,182-$1,608,365-$4,688,635$34,764,224$30,343,958
10$67,061,427-$1,648,399-$4,728,715$33,977,350$33,084,077
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.