8321 Central Park Blvd

Doral, FL 33166 · townhomes · For Sale · 91 days on market
Asking price$1,275,000
3 beds 4 baths 2,070 sqft
Suggested offer$839,282$435,719 above the est. market value of $839,282.
View on Realtor.com →
Listed by Stanley Rosen · The Keyes Company
Typetownhomes
Built2021
Price / sqft$616
Est. value (own analysis)$839,282
Rent estimate (own analysis)$4,100/mo
HOA$214/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-03
Removed date
MLSBeachesMLS #B26036607
Coordinates25.81503, -80.33190
Address8321 Central Park Blvd
CityDoral
StateFL
Zip33166
Listing ID9369736104
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33166)

Typical home value (ZHVI)$610,998
Typical rent (ZORI)$2,899/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)$4,100$49,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$49,200
Vacancy rate (assumption) assumption8.0%

$49,200 × 8.0% = $3,936

Effective gross income$3,772$45,264
Property tax (placeholder 1.9% of price)$2,019$24,225
Insurance (placeholder 0.8% of price)$850$10,200
HOA dues$214$2,568
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$205$2,460
Total operating expenses$3,288$39,453
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$45,264
Total operating expenses derived$39,453

$45,264 − $39,453 = $5,811

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)$205$2,460
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$5,811
Annual debt service derived$78,657
Annual CapEx reserve assumption$2,460
Annual PMI assumption$0

($5,811 − $78,657 − $2,460 − $0) ÷ 12 = -$6,276

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$5,811
Purchase price data$1,275,000

$5,811 ÷ $1,275,000 = 0.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$75,306
Total cash to close derived$318,750

-$75,306 ÷ $318,750 = -23.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$5,811
Annual debt service derived$78,657

$5,811 ÷ $78,657 = 0.07

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$49,200
Purchase price data$1,275,000

($49,200 ÷ 12) ÷ $1,275,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,275,000
Gross scheduled rent (annual) comp$49,200

$1,275,000 ÷ $49,200 = 25.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$39,453
Effective gross income derived$45,264

$39,453 ÷ $45,264 = 87.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$39,453
Annual debt service derived$78,657
Annual PMI assumption$0
Gross scheduled rent (annual) comp$49,200

($39,453 + $78,657 + $0) ÷ $49,200 = 240.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes331,604$3,9002026-04-29
townhomes331,824$5,0002026-07-24
townhomes341,979$4,6502026-08-19
townhomes331,431$4,1002026-08-18
townhomes331,610$3,8502026-07-07
townhomes331,610$3,9502026-08-06
townhomes331,424$3,9502026-08-04
townhomes331,610$4,2002026-08-20
townhomes341,894$5,5002026-08-19
townhomes352,789$5,9002026-05-17
townhomes331,610$4,1002026-08-05
townhomes331,604$6,8002026-07-22
townhomes331,482$4,000
townhomes341,929$4,500
townhomes331,604$3,9502026-05-05
townhomes331,485$3,7002026-03-03

4272 NW 82nd Ave Unit 4272

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,604
Listed2026-04-29
Days on market

Asking rent: $3,900

View on Zillow →

5080 NW 84th Ave

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,824
Listed2026-07-24
Days on market

Asking rent: $5,000

View on Zillow →

4426 NW 83rd Pkwy Unit 0

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,979
Listed2026-08-19
Days on market

Asking rent: $4,650

View on Zillow →

4460 NW 83rd Ave

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,431
Listed2026-08-18
Days on market

Asking rent: $4,100

View on Zillow →

4619 NW 83rd Pkwy Unit 4619

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,610
Listed2026-07-07
Days on market

Asking rent: $3,850

View on Zillow →

4738 NW 83rd Path Unit 4738

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,610
Listed2026-08-06
Days on market

Asking rent: $3,950

View on Zillow →

4286 NW 83rd Ave Unit 0

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,424
Listed2026-08-04
Days on market

Asking rent: $3,950

View on Zillow →

4940 NW 83rd Ave Unit 4940

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,610
Listed2026-08-20
Days on market

Asking rent: $4,200

View on Zillow →

8388 NW 49th St

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,894
Listed2026-08-19
Days on market

Asking rent: $5,500

View on Zillow →

4716 NW 84th Ct

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 5 ba
Square footage2,789
Listed2026-05-17
Days on market

Asking rent: $5,900

View on Zillow →

4683 NW 83rd Path

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,610
Listed2026-08-05
Days on market

Asking rent: $4,100

View on Zillow →

8316 NW 43rd St

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,604
Listed2026-07-22
Days on market

Asking rent: $6,800

View on Zillow →

4682 NW 83rd Th Ave # 4682

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,482
Listed
Days on market

Asking rent: $4,000

View on Zillow →

4746 NW 83rd Pkwy

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,929
Listed
Days on market

Asking rent: $4,500

View on Zillow →

4612 NW 83rd Ave

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,604
Listed2026-05-05
Days on market

Asking rent: $3,950

View on Zillow →

4546 NW 83rd Ave

Doral, 33166 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,485
Listed2026-03-03
Days on market

Asking rent: $3,700

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
4971 NW 84th Avetownhomes331,570$705,0002026-08-30
8387 NW 43rd Sttownhomes341,929$780,0002026-08-28
4648 NW 83rd Avetownhomes321,929$785,0002026-08-11
4856 NW 83rd Pkwytownhomes331,482$639,0002026-08-07
4608 NW 83rd Pkwytownhomes341,894$780,0002026-07-07
4652 NW 83rd Avetownhomes331,604$646,2502026-06-30
4609 NW 83rd Path Unit 0townhomes331,610$630,0002026-06-18
8368 Central Park Blvdtownhomes341,866$860,0002026-06-18
4771 NW 84th Avetownhomes331,894$770,0002026-06-12
8319 NW 49th Sttownhomes321,610$715,0002026-06-02
4624 NW 83rd Avetownhomes331,604$625,0002026-05-29
4749 NW 85th Avetownhomes332,946$915,0002026-05-18
4732 NW 83rd Pkwytownhomes321,604$685,0002026-05-06
4621 NW 83rd Pathtownhomes331,610$630,0002026-04-20
8206 NW 43rd Sttownhomes331,604$676,0002026-04-14
8362 NW 52nd Tertownhomes321,865$700,0002026-04-10
4975 NW 83rd Pathtownhomes331,604$640,0002026-04-06
4614 NW 83rd Pathtownhomes321,610$660,0002026-03-30
4741 NW 85th Avetownhomes332,946$980,0002026-03-17
4553 NW 83rd Path Unit 4553townhomes331,610$625,0002026-03-06

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
8201 NW 41st St Unit D203condos321,124$450,000
1101 Starling Avesingle_family321,942$899,000
157 Lenape Drsingle_family311,058$665,000
701 Westward Drsingle_family332,200$899,999
240 Carlisle Drsingle_family311,417$749,900
430 Forrest Drsingle_family321,103$930,000
8166 NW 42nd Sttownhomes341,866$840,000
801 Albatross Stsingle_family321,320$850,000

10-year hold projection

IRR-5.9%
Equity multiple0.02x
Total return (10yr)-$146,907
YearProperty valueNOICash flowLoan balanceEquity
1$1,313,250$5,811-$75,306$1,008,941$304,309
2$1,352,648$6,183-$74,996$997,123$355,525
3$1,393,227$6,570-$74,672$984,493$408,734
4$1,435,024$6,975-$74,332$970,995$464,029
5$1,478,074$7,396-$73,977$956,571$521,504
6$1,522,417$7,836-$73,605$941,156$581,261
7$1,568,089$8,294-$73,216$924,683$643,406
8$1,615,132$8,772-$72,810$907,078$708,054
9$1,663,586$9,269-$72,385$888,265$775,321
10$1,713,493$9,788-$71,942$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.