2130 S Miami Ave

Miami, FL 33129 · single_family · For Sale · 58 days on market
Asking price$7,949,950
6 beds 7 baths 5,890 sqft
Suggested offer$4,220,126$3,729,824 above the est. market value of $4,220,126.
View on Realtor.com →
Listed by Austin Bergman · COMPASS
Typesingle_family
Built2025
Price / sqft$1350
Est. value (own analysis)$4,220,126
Rent estimate (own analysis)$29,500/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-06
Removed date
MLSBeachesMLS #B26048990
Coordinates25.75416, -80.20133
Address2130 S Miami Ave
CityMiami
StateFL
Zip33129
Listing ID9437205921
Sourceus-real-estate-listings, cached 2026-08-25

ZIP market snapshot (33129)

Typical home value (ZHVI)$689,590
Typical rent (ZORI)$3,599/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$7,949,950
Down payment (20.0%)$1,589,990
Loan amount$6,359,960
Closing costs (5.0%)$397,498
Total cash to close$1,987,488
Rent (comp-derived)$29,500$354,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$354,000
Vacancy rate (assumption) assumption8.0%

$354,000 × 8.0% = $28,320

Effective gross income$27,140$325,680
Property tax (placeholder 1.9% of price)$12,587$151,049
Insurance (placeholder 0.8% of price)$5,300$63,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,475$17,700
Total operating expenses$19,362$232,349
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$325,680
Total operating expenses derived$232,349

$325,680 − $232,349 = $93,331

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$6,359,960
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$6,359,960 amortized at 6.7% over 30 years = $40,871/mo

CapEx reserve (5.0% of GSR)$1,475$17,700
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$93,331
Annual debt service derived$490,450
Annual CapEx reserve assumption$17,700
Annual PMI assumption$0

($93,331 − $490,450 − $17,700 − $0) ÷ 12 = -$34,568

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$93,331
Purchase price data$7,949,950

$93,331 ÷ $7,949,950 = 1.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$414,818
Total cash to close derived$1,987,488

-$414,818 ÷ $1,987,488 = -20.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$93,331
Annual debt service derived$490,450

$93,331 ÷ $490,450 = 0.19

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$354,000
Purchase price data$7,949,950

($354,000 ÷ 12) ÷ $7,949,950 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$7,949,950
Gross scheduled rent (annual) comp$354,000

$7,949,950 ÷ $354,000 = 22.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$232,349
Effective gross income derived$325,680

$232,349 ÷ $325,680 = 71.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$232,349
Annual debt service derived$490,450
Annual PMI assumption$0
Gross scheduled rent (annual) comp$354,000

($232,349 + $490,450 + $0) ÷ $354,000 = 204.2%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family675,712$65,0002026-07-01
single_family665,322$28,0002026-06-17
single_family654,432$29,5002026-06-17
single_family664,181$18,0002026-08-03
single_family685,568$58,5002026-04-15

980 Belle Meade Island Dr

Miami, 33138 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,712
Listed2026-07-01
Days on market

Asking rent: $65,000

View on Zillow →

6220 SW 86th St

Miami, 33143 · rent comp

Bedrooms / bathrooms6 bd / 6 ba
Square footage5,322
Listed2026-06-17
Days on market

Asking rent: $28,000

View on Zillow →

1076 NE Little River Dr

Miami, 33138 · rent comp

Bedrooms / bathrooms6 bd / 5 ba
Square footage4,432
Listed2026-06-17
Days on market

Asking rent: $29,500

View on Zillow →

6200 SW 97th Ave

Miami, 33173 · rent comp

Bedrooms / bathrooms6 bd / 6 ba
Square footage4,181
Listed2026-08-03
Days on market

Asking rent: $18,000

View on Zillow →

707 NE 77th St

Miami, 33138 · rent comp

Bedrooms / bathrooms6 bd / 8 ba
Square footage5,568
Listed2026-04-15
Days on market

Asking rent: $58,500

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
801 SW 24th Rdsingle_family321,726$1,475,0002026-09-01
2130 S Miami Avesingle_family675,890$7,675,0002026-08-26
321 SW 32nd Rdsingle_family211,214$1,205,0002026-08-14
3001 S Miami Avesingle_family543,126$2,650,0002026-08-12
730 SW 20th Rdsingle_family211,025$905,0002026-08-07
322 SW 18th Rdsingle_family321,746$1,262,8952026-08-07
2031 S Miami Avesingle_family454,259$4,275,0002026-07-31
1153 SW 22nd Tersingle_family221,216$1,150,0002026-07-14
50 SW 26th Rdsingle_family322,260$1,443,8002026-07-06
365 SW 31st Rdsingle_family442,514$2,076,0002026-07-06
401 SW 28th Rdsingle_family442,518$1,728,0002026-06-15
452 SW 21st Rdsingle_family432,300$1,255,0002026-06-04
426 SW 26th Rdsingle_family431,688$1,250,0002026-06-04
321 SW 19th Rdsingle_family421,755$1,030,0002026-06-02
419 SW 30th Rdsingle_family321,304$1,375,0002026-05-28
441 SW 27th Rdsingle_family322,236$1,650,0002026-05-27
705 SW 26th Rdsingle_family222,550$1,400,0002026-05-18
1851 SW 2nd Ctsingle_family211,023$1,550,0002026-05-15
701 SW 27th Rdsingle_family442,743$3,820,0002026-05-15
2100 SW 9th Avesingle_family222,565$2,800,0002026-05-14
441 SW 27th Rdsingle_family442,332$1,650,0002026-05-13
998 SW 11th Stsingle_family542,108$1,370,0002026-05-13
159 SW 25th Rdsingle_family432,296$1,335,0002026-05-06
620 SW 27th Rdsingle_family221,257$1,350,0002026-04-15
45 SW 19th Rdsingle_family553,178$2,900,0002026-03-27
1852 SW 2nd Avesingle_family312,377$1,150,0002026-03-17
40 SW 30th Rdsingle_family322,303$1,700,0002026-03-16
2323 SW 2nd Avesingle_family554,808$4,850,0002026-03-13
3001 SW 4th Avesingle_family433,049$1,940,0002026-03-09
201 SW 30th Rdsingle_family322,037$1,495,0002026-03-05
100 SW 30th Rdsingle_family321,839$1,250,0002026-02-23
445 SW 24th Rdsingle_family432,167$1,150,0002026-02-13
1815 SW 12th Avesingle_family322,400$780,0002026-02-12
1928 S Miami Avesingle_family424,144$838,0002026-02-10
1739 SW 12th Avesingle_family422,410$1,600,0002026-02-03
257 SW 32nd Rdsingle_family543,300$2,000,0002026-01-31
531 SW 23rd Rdsingle_family432,086$1,600,0002026-01-23
2700 SW 4th Avesingle_family432,722$1,525,0002026-01-23
1020 SW 22nd Stsingle_family331,870$1,255,0002026-01-16
1564 SW 12th Avesingle_family322,332$1,500,0002026-01-09
326 SW 20th Rdsingle_family442,280$1,485,0002026-01-06
340 SW 25th Rdsingle_family442,229$1,150,0002025-12-30
701 SW 24th Rdsingle_family453,875$2,750,0002025-12-30
1575 SW 12th Avesingle_family421,479$1,200,0002025-12-30
47 SW 21st Rdsingle_family442,220$1,925,0002025-12-22
420 SW 19th Rdsingle_family333,178$1,850,0002025-12-17
431 SW 20th Rdsingle_family321,672$1,420,0002025-12-12
2301 S Miami Avesingle_family322,686$1,500,0002025-12-08
1150 SW 22nd Tersingle_family432,725$1,816,0002025-12-04
910 SW 23rd Rdsingle_family332,006$1,725,0002025-11-25

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
135 SW 29th Rdsingle_family684,287$5,600,000
2820 Brickell Avesingle_family676,522$9,950,000
3120 Brickell Avesingle_family676,000$14,900,000
2100 S Miami Avesingle_family675,350$7,850,000
175 SE 25th Rd Unit UPH01condos677,084$31,000,000

10-year hold projection

IRR-4.0%
Equity multiple0.33x
Total return (10yr)-$291,445
YearProperty valueNOICash flowLoan balanceEquity
1$8,188,449$93,331-$414,818$6,291,004$1,897,445
2$8,434,102$97,293-$411,299$6,217,312$2,216,790
3$8,687,125$101,403-$407,643$6,138,560$2,548,565
4$8,947,739$105,665-$403,846$6,054,401$2,893,338
5$9,216,171$110,086-$399,901$5,964,461$3,251,710
6$9,492,656$114,671-$395,805$5,868,346$3,624,310
7$9,777,436$119,426-$391,551$5,765,630$4,011,806
8$10,070,759$124,356-$387,134$5,655,861$4,414,898
9$10,372,882$129,467-$382,548$5,538,553$4,834,328
10$10,684,068$134,767-$377,788$5,413,190$5,270,878
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.