1715 Douglas Rd Unit 305
Miami, FL 33134 · condos · Pending — under contract · 37 days on market
Asking price$634,900
1 beds 1 baths 557 sqft
Suggested offer$289,406$345,494 above the est. market value of $289,406.
View on Realtor.com →Listed by ALICIA CERVERA · Cervera Real Estate Inc.
Typecondos
Built2028
Price / sqft$1140
Est. value (own analysis)$289,406
Rent estimate (own analysis)$2,079/mo
HOA$839/mo
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
Show every detail
Statusfor_sale
Listed date2026-07-27
Removed date—
MLSMiamiMLS #A12060747
Coordinates25.75485, -80.25436
Address1715 Douglas Rd Unit 305
CityMiami
StateFL
Zip33134
Listing ID9221390881
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33134)
Typical home value (ZHVI)$887,965
Typical rent (ZORI)$3,095/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 | $634,900 |
| Down payment (20.0%) | $126,980 |
| Loan amount | $507,920 |
| Closing costs (5.0%) | $31,745 |
| Total cash to close | $158,725 |
| Income | |
| Rent (comp-derived) | $2,079$24,942 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,912$22,947 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,005$12,063 |
| Insurance (est. scaled by flood & wind risk) | $677$8,127 |
| HOA dues | $839$10,068 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $104$1,247 |
| Total operating expenses | $2,625$31,505 |
| 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) | $104$1,247 |
| 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 | 1 | 500 | $1,600 | 2026-08-10 | — | |
| condos | 1 | 1 | 500 | $1,750 | 2026-07-24 | — | |
| apartment | 1 | 1 | 700 | $1,200 | 2026-07-09 | — | |
| condos | 1 | 1 | 653 | $2,100 | 2026-06-17 | — | |
| apartment | 1 | 1 | 700 | $1,695 | 2025-01-03 | — | |
| apartment | 1 | 1 | 650 | $2,275 | 2026-08-04 | — | |
| condos | 1 | 1 | 540 | $1,800 | 2026-08-02 | — | |
| apartment | 1 | 1 | 735 | $3,255 | — | — | |
| apartment | 1 | 1 | 729 | $3,435 | — | — | |
| apartment | 1 | 1 | 729 | $3,445 | — | — | |
| apartment | 1 | 1 | 412 | $1,885 | 2026-01-10 | — | |
| apartment | 1 | 1 | 729 | $3,400 | 2025-12-05 | — | |
| apartment | 1 | 1 | 705 | $1,850 | 2026-08-12 | — | |
| apartment | 1 | 1 | 610 | $1,750 | 2026-08-07 | — | |
| condos | 1 | 1 | 617 | $2,100 | 2026-08-03 | — | |
| condos | 1 | 1 | 410 | $1,699 | 2026-06-04 | — | |
| apartment | 1 | 1 | 700 | $2,100 | 2026-08-17 | — | |
| apartment | 1 | 1 | 680 | $2,750 | 2026-08-24 | — | |
| apartment | 1 | 1 | 650 | $1,950 | 2026-07-28 | — | |
| apartment | 1 | 1 | 560 | $1,999 | 2026-05-05 | — | |
| condos | 1 | 1 | 735 | $2,300 | 2026-07-01 | — | |
| condos | 1 | 2 | 729 | $2,395 | 2026-08-26 | — | |
| apartment | 1 | 1 | 700 | $1,850 | 2026-08-04 | — | |
| condos | 1 | 1 | 410 | $1,700 | 2026-06-22 | — | |
| apartment | 1 | 1 | 697 | $2,800 | 2026-03-13 | — | |
| condos | 1 | 1 | 718 | $2,750 | 2026-07-09 | — | |
| apartment | 1 | 1 | 500 | $2,400 | 2026-07-24 | — | |
| apartment | 1 | 1 | 729 | $3,455 | 2026-05-10 | — | |
| apartment | 1 | 1 | 524 | $1,650 | — | — | |
| apartment | 1 | 1 | 668 | $1,850 | — | — | |
| apartment | 1 | 1 | 483 | $2,030 | 2026-08-27 | — | |
| apartment | 1 | 1 | 510 | $1,895 | 2026-02-10 | — | |
| apartment | 1 | 1 | 435 | $1,725 | — | — | |
| apartment | 1 | 1 | 552 | $1,824 | 2026-02-10 | — | |
| apartment | 1 | 1 | 735 | $3,495 | — | — | |
| apartment | 1 | 1 | 735 | $3,400 | — | — | |
| apartment | 1 | 1 | 729 | $3,375 | — | — | |
| apartment | 1 | 1 | 735 | $3,530 | — | — | |
| apartment | 1 | 1 | 735 | $3,500 | — | — | |
| apartment | 1 | 1 | 570 | $1,943 | 2026-02-10 | — | |
| apartment | 1 | 1 | 735 | $3,778 | — | — | |
| apartment | 1 | 1 | 650 | $2,077 | 2026-02-10 | — | |
| apartment | 1 | 1 | 585 | $1,800 | 2026-08-14 | — | |
| apartment | 1 | 1 | 680 | $2,750 | 2026-08-26 | — | |
| apartment | 1 | 1 | 580 | $1,790 | 2026-09-01 | — | |
| apartment | 1 | 1 | 610 | $2,080 | 2026-02-04 | — |
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 |
|---|---|---|---|---|---|---|
| 100 Andalusia Ave Apt 410 | condos | 1 | 2 | 929 | $506,000 | 2026-07-31 |
| 1805 Ponce De Leon Blvd Apt 730 | condos | 1 | 1 | 697 | $412,000 | 2026-07-07 |
| 1805 Ponce De Leon Blvd Apt 823 | condos | 1 | 1 | 779 | $420,000 | 2026-06-30 |
| 55 Merrick Way Apt 507 | condos | 1 | 2 | 784 | $460,000 | 2026-06-18 |
| 721 Biltmore Way Apt 101 | condos | 1 | 2 | 948 | $550,000 | 2026-06-11 |
| 11 SW 52nd Ave Apt 7A | condos | 1 | 1 | 531 | $190,000 | 2026-06-09 |
| 55 Merrick Way Apt 505 | condos | 1 | 1 | 790 | $433,000 | 2026-06-03 |
| 126 Mendoza Ave Apt 2 | condos | 1 | 1 | 351 | $175,000 | 2026-04-08 |
| 700 Biltmore Way Apt 219 | condos | 1 | 1 | 790 | $353,000 | 2026-02-26 |
| 223 Calabria Ave Apt 10 | condos | 1 | 1 | 525 | $226,500 | 2026-02-25 |
| 50 Menores Ave Apt 828 | condos | 1 | 1 | 776 | $303,000 | 2026-01-16 |
| 55 Merrick Way Apt 624 | condos | 1 | 2 | 780 | $443,000 | 2025-12-31 |
| 1300 Ponce De Leon Blvd Apt 709 | condos | 1 | 2 | 937 | $530,000 | 2025-11-21 |
| 5271 SW 8th St Apt 207 | condos | 1 | 1 | 931 | $267,500 | 2025-11-12 |
| 700 Biltmore Way Apt 1005 | condos | 1 | 1 | 760 | $342,500 | 2025-10-03 |
| 50 Menores Ave Apt 829 | condos | 1 | 1 | 757 | $291,000 | 2025-09-30 |
| 10 Aragon Ave Ste 919 | condos | 1 | 1 | 798 | $485,000 | 2025-09-16 |
| 45 Antilla Ave Apt 2C | condos | 1 | 1 | 600 | $300,000 | 2025-08-29 |
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 |
|---|---|---|---|---|---|---|
| 3881 W Flagler St Apt 319 | condos | 1 | 1 | 540 | $175,000 | — |
| 3881 W Flagler St Apt 316 | condos | 1 | 1 | 540 | $195,000 | — |
| 11 SW 52nd Ave Apt 7B | condos | 1 | 1 | 531 | $185,000 | — |
| 3881 W Flagler St Apt 102 | condos | 1 | 1 | 540 | $190,000 | — |
| 3881 W Flagler St Apt 208 | condos | 1 | 1 | 540 | $189,900 | — |
| 215 SW 42nd Ave Apt 905 | condos | 1 | 2 | 699 | $339,000 | — |
| 1805 Ponce De Leon Blvd Apt 616 | condos | 1 | 1 | 882 | $449,500 | — |
| 888 S Douglas Rd Apt 1213 | condos | 1 | 1 | 728 | $319,000 | — |
10-year hold projection
IRR-10.5%
Equity multiple-0.79x
Total return (10yr)-$201,596
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $653,947 | -$8,558 | -$48,974 | $502,413 | $151,534 |
| 2 | $673,565 | -$8,658 | -$49,104 | $496,528 | $177,038 |
| 3 | $693,772 | -$8,756 | -$49,234 | $490,239 | $203,534 |
| 4 | $714,586 | -$8,853 | -$49,364 | $483,517 | $231,068 |
| 5 | $736,023 | -$8,949 | -$49,494 | $476,335 | $259,688 |
| 6 | $758,104 | -$9,043 | -$49,623 | $468,659 | $289,445 |
| 7 | $780,847 | -$9,137 | -$49,751 | $460,456 | $320,391 |
| 8 | $804,272 | -$9,228 | -$49,879 | $451,689 | $352,583 |
| 9 | $828,400 | -$9,318 | -$50,005 | $442,321 | $386,080 |
| 10 | $853,253 | -$9,405 | -$50,131 | $432,309 | $420,943 |
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.