600 71st St

Miami Beach, FL 33141 · apartment · For Sale · 834 days on market

Asking price$972,000

1 beds 1 baths 558 sqft

Suggested offer$195,886$776,114 above the est. market value of $195,886.

View on Realtor.com →

Listed by Johnny Mansilla · Nest Seekers International, Midtown

Typeapartment

Built—

Price / sqft$1742

Est. value (own analysis)$195,886

Rent estimate (own analysis)$1,995/mo

HOANone

1 / 15

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Statusfor_sale

Listed date2024-05-21

Removed date—

MLSNestSeekers #3632342

Coordinates25.83970, -80.20731

Address600 71st St

CityMiami Beach

StateFL

Zip33141

Listing ID9529895833

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)

Acquisition (one-time, not monthly/yearly)

MonthlyYearly

✎ Edit

Purchase price $972,000

Down payment (20.0%) $194,400

Loan amount $777,600

Closing costs (5.0%) $48,600

Total cash to close $243,000

Income

Rent (comp-derived) $1,995$23,940

Vacancy loss (8.0%)

Effective gross income $1,835$22,025

Operating expenses

Property tax (placeholder 1.9% of price) $1,539$18,468

Insurance (placeholder 0.8% of price) $648$7,776

HOA dues $0$0

Management (0.0% of EGI) $0$0

Maintenance (5.0% of GSR) $100$1,197

Total operating expenses $2,287$27,441

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) $100$1,197

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.

Type	Beds	Baths	Sqft	Asking rent	Listed	Days on market
apartment	1	1	700	$1,900	—	—
apartment	1	1	737	$2,287	2025-08-13	—
condos	1	1	694	$1,550	2025-05-09	—
apartment	1	1	725	$1,450	2026-07-01	—
apartment	1	1	700	$1,475	2026-07-24	—
condos	1	1	578	$1,500	2026-07-26	—
apartment	1	1	500	$1,700	2026-08-25	—
condos	1	1	722	$2,000	2026-08-28	—
apartment	1	1	700	$1,950	2026-08-24	—
apartment	1	1	650	$1,850	2026-08-25	—
condos	1	1	738	$1,650	2026-08-07	—
apartment	1	1	740	$2,000	2026-07-16	—
apartment	1	1	520	$1,900	2026-08-12	—
apartment	1	1	600	$2,600	2026-08-26	—
condos	1	1	727	$2,100	2026-08-05	—
apartment	1	2	600	$2,300	2026-06-17	—
apartment	1	1	600	$1,850	2026-08-05	—
condos	1	1	632	$1,700	2026-06-29	—
condos	1	1	695	$1,625	2026-06-19	—
apartment	1	1	612	$1,775	2026-08-14	—
condos	1	1	666	$1,800	2026-06-24	—
apartment	1	1	400	$1,550	2026-07-20	—
apartment	1	1	650	$1,550	2026-08-17	—
condos	1	1	650	$1,800	2026-07-22	—
condos	1	1	750	$2,300	2026-08-13	—
condos	1	1	620	$1,900	2026-08-19	—
apartment	1	1	700	$1,900	2026-08-07	—
condos	1	2	730	$2,150	2026-06-19	—
condos	1	1	632	$1,700	2026-08-21	—
condos	1	1	637	$1,800	2026-07-06	—
condos	1	1	620	$1,775	2026-06-18	—
apartment	1	1	560	$2,900	2026-08-25	—
condos	1	2	686	$2,100	2026-08-18	—
condos	1	1	678	$2,450	2026-08-19	—
condos	1	1	663	$2,000	2026-08-20	—
condos	1	1	700	$1,800	2026-08-11	—
condos	1	1	683	$3,300	2026-04-19	—
condos	1	1	503	$1,750	2026-08-19	—
condos	1	1	750	$2,100	2026-05-15	—
apartment	1	1	700	$2,050	2026-06-10	—
apartment	1	1	600	$1,900	2026-06-08	—
apartment	1	1	534	$2,000	2026-07-08	—
condos	1	1	683	$5,000	2026-08-25	—
condos	1	1	543	$1,850	2026-04-16	—
condos	1	1	705	$2,250	2026-08-20	—
condos	1	1	643	$1,700	2026-06-20	—
apartment	1	1	628	$2,050	2026-07-29	—
condos	1	2	622	$1,790	2026-04-13	—
apartment	1	1	710	$1,650	2026-08-02	—
apartment	1	1	478	$1,900	2026-07-16	—
condos	1	1	660	$1,975	2026-07-22	—
condos	1	1	592	$1,795	2026-07-17	—
condos	1	1	592	$2,000	2026-08-14	—
apartment	1	1	650	$1,750	2026-08-06	—
condos	1	1	740	$2,050	2026-07-31	—
condos	1	1	745	$2,300	2026-08-12	—
condos	1	1	690	$2,000	2026-08-12	—
condos	1	1	600	$1,650	2026-04-09	—
condos	1	1	590	$1,995	2026-08-07	—
condos	1	1	625	$1,800	2026-07-30	—
condos	1	1	695	$1,675	2026-07-30	—
condos	1	1	550	$1,650	2026-04-15	—
apartment	1	1	650	$1,700	2026-06-10	—
condos	1	1	683	$3,500	2026-07-10	—
condos	1	1	683	$4,000	2026-07-30	—
condos	1	1	738	$2,300	2026-08-13	—
apartment	1	1	600	$1,700	2026-07-15	—
apartment	1	1	625	$1,799	2026-05-07	—
condos	1	1	695	$1,650	2026-03-11	—
condos	1	1	411	$5,000	2026-08-21	—
condos	1	1	604	$1,700	2026-06-25	—
condos	1	1	717	$4,300	2026-03-16	—
apartment	1	1	629	$1,790	2026-08-06	—
apartment	1	1	629	$1,775	2026-05-15	—
apartment	1	1	600	$1,900	2026-06-08	—
apartment	1	1	605	$2,250	2026-07-08	—
condos	1	1	643	$2,100	2026-07-18	—
condos	1	1	650	$1,800	2026-07-09	—
condos	1	1	656	$2,400	2026-08-04	—
condos	1	1	408	$1,650	2026-07-28	—
condos	1	2	667	$4,700	2026-04-07	—
condos	1	1	576	$1,895	2026-08-06	—
condos	1	1	443	$2,300	2026-07-30	—
condos	1	1	695	$1,800	2026-05-11	—
condos	1	1	680	$2,000	2026-08-17	—
condos	1	1	683	$4,500	2026-04-14	—
apartment	1	2	730	$2,290	2026-08-03	—
condos	1	1	588	$1,925	2026-04-03	—
condos	1	1	620	$1,850	2026-08-06	—
apartment	1	1	590	$1,975	2026-07-31	—
condos	1	1	583	$1,750	2026-03-10	—
condos	1	1	692	$1,800	2026-06-05	—
condos	1	1	425	$3,500	2026-08-06	—
condos	1	1	504	$1,750	2026-06-30	—
condos	1	2	672	$1,800	2026-07-03	—
apartment	1	1	493	$1,950	2026-06-02	—
apartment	1	1	700	$1,675	2026-06-26	—
condos	1	1	741	$1,800	2026-06-22	—
apartment	1	1	683	$3,750	2026-08-11	—
condos	1	2	730	$2,200	2026-06-23	—
condos	1	1	650	$1,800	2026-07-27	—
condos	1	1	620	$1,850	2026-07-19	—
condos	1	1	438	$3,000	2026-08-03	—
condos	1	1	592	$2,000	2026-07-30	—
apartment	1	1	750	$2,000	2026-03-26	—
condos	1	1	670	$1,999	2026-07-14	—
condos	1	1	695	$1,950	2026-07-28	—
apartment	1	1	650	$2,050	2026-03-05	—
condos	1	1	730	$1,995	2025-09-15	—
condos	1	1	540	$1,850	2026-08-11	—
condos	1	1	435	$5,000	2026-08-19	—
condos	1	1	412	$5,000	2026-08-19	—
condos	1	1	411	$4,380	2026-06-24	—
condos	1	1	530	$3,250	2026-06-10	—
condos	1	1	683	$5,000	2024-07-08	—
condos	1	1	411	$3,400	2026-05-11	—
apartment	1	2	698	$3,750	2026-05-20	—
condos	1	1	662	$9,000	2026-06-11	—
condos	1	1	466	$4,500	2026-05-07	—
condos	1	1	412	$6,000	2026-07-29	—
condos	1	1	662	$6,000	2023-03-15	—
condos	1	1	662	$4,500	2026-02-27	—
condos	1	1	720	$8,900	2026-08-19	—
condos	1	1	662	$7,500	2026-06-11	—
condos	1	1	662	$5,950	2026-05-01	—
condos	1	1	720	$10,000	2025-11-26	—
apartment	1	1	662	$6,750	2026-07-22	—
condos	1	1	635	$1,600	2026-08-07	—
apartment	1	2	751	$2,302	—	—
apartment	1	1	700	$1,800	—	—
apartment	1	1	710	$2,150	—	—
apartment	1	1	620	$1,750	—	—
apartment	1	1	590	$1,750	—	—
apartment	1	1	515	$1,800	2026-05-13	—
condos	1	1	720	$10,000	—	—
apartment	1	1	636	$1,900	—	—
apartment	1	1	670	$1,800	—	—
apartment	1	1	600	$2,000	—	—
apartment	1	2	596	$2,000	—	—
condos	1	1	504	$1,899	—	—
apartment	1	1	650	$1,700	2021-10-18	—
condos	1	1	683	$4,000	—	—
apartment	1	1	670	$2,300	—	—
condos	1	1	411	$3,400	—	—
condos	1	1	683	$3,300	—	—
condos	1	1	683	$5,000	—	—
condos	1	1	650	$1,950	2026-08-17	—
apartment	1	1	500	$2,300	—	—
apartment	1	1	597	$1,900	—	—
apartment	1	1	597	$1,900	—	—
apartment	1	1	597	$1,900	—	—
apartment	1	1	597	$1,900	—	—
apartment	1	2	744	$2,282	—	—
apartment	1	2	751	$2,400	—	—
apartment	1	2	744	$2,367	—	—
apartment	1	2	737	$2,397	—	—
apartment	1	2	741	$2,532	—	—
apartment	1	1	550	$1,850	2023-04-25	—
apartment	1	1	650	$1,800	2026-08-10	—
apartment	1	2	596	$3,500	2026-07-27	—
condos	1	1	620	$1,750	2026-08-28	—
condos	1	1	662	$7,000	2026-08-31	—
apartment	1	1	650	$2,000	2026-09-02	—
apartment	1	2	750	$2,250	2026-09-01	—
apartment	1	1	435	$5,000	2026-09-01	—
condos	1	1	601	$1,800	2026-09-01	—
condos	1	1	620	$1,800	2026-09-01	—

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
6770 Indian Creek Dr Apt 15L	condos	1	2	910	$422,500	2026-08-27
6770 Indian Creek Dr Apt 6R	condos	1	2	910	$215,000	2026-08-21
6770 Indian Creek Dr Ph R	condos	1	2	910	$300,000	2026-08-19
7910 Harbor Island Dr Apt 504	condos	1	2	900	$320,000	2026-08-14
7910 Harbor Island Dr Apt 704	condos	1	2	900	$340,000	2026-08-11
7800 Collins Ave Apt 302	condos	1	1	720	$330,000	2026-08-07
630 85th St Apt 102	condos	1	1	492	$270,000	2026-08-05
6830 Indian Creek Dr Unit 5B	condos	1	2	820	$240,000	2026-08-03
7135 Collins Ave Apt 602	condos	1	2	1,010	$350,000	2026-08-01
7800 Carlyle Ave Apt 6C	condos	1	2	643	$215,000	2026-07-31
7118 Bonita Dr Apt 704	condos	1	2	865	$215,000	2026-07-31
6941 Bay Dr Apt B3	condos	1	1	700	$210,000	2026-07-31
7207 Bay Dr Unit 21	condos	1	1	752	$270,000	2026-07-28
6801 Indian Creek Dr Apt 602	condos	1	2	905	$245,000	2026-07-27
7545 E Treasure Dr Apt 9K	condos	1	1	741	$205,000	2026-07-21
7135 Collins Ave Apt 834	condos	1	2	912	$480,000	2026-07-17
6830 Indian Creek Dr Unit 7B	condos	1	2	843	$276,000	2026-07-16
7135 Collins Ave Apt 912	condos	1	2	1,010	$375,000	2026-07-15
7135 Collins Ave Apt 712	condos	1	2	1,010	$460,000	2026-07-13
7925 Carlyle Ave Apt 202	condos	1	2	609	$175,000	2026-07-13
6515 Collins Ave Apt 905	condos	1	2	819	$740,000	2026-07-10
1865 79th St Cswy Apt 14D	condos	1	1	940	$190,000	2026-07-08
6365 Collins Ave Apt 904	condos	1	2	808	$710,000	2026-07-07
7135 Collins Ave Apt 733	condos	1	2	912	$350,000	2026-06-29
910 Bay Dr Apt 29	condos	1	1	890	$300,000	2026-06-23
900 Bay Dr Apt 513	condos	1	1	678	$215,000	2026-06-22
7135 Collins Ave Apt 1131	condos	1	2	1,010	$275,000	2026-06-18
630 85th St Apt 104	condos	1	1	590	$273,500	2026-06-15
8201 Byron Ave Apt 405	condos	1	2	854	$205,000	2026-06-12
7326 Collins Ave Apt 105	condos	1	1	443	$290,000	2026-06-10
7326 Collins Ave Apt 201	condos	1	1	452	$299,000	2026-05-29
2000 Biarritz Dr Apt 201	condos	1	1	721	$200,000	2026-05-29
630 85th St Apt 101	condos	1	1	470	$260,000	2026-05-29
6515 Collins Ave Apt 1507	condos	1	2	818	$755,000	2026-05-19
6801 Indian Creek Dr Apt 804	condos	1	2	980	$275,000	2026-05-18
6895 Byron Ave Apt 207	condos	1	1	679	$205,000	2026-05-14
6930 Byron Ave Apt 107	condos	1	1	432	$200,000	2026-05-14
6899 Collins Ave Unit 2109	condos	1	1	820	$635,000	2026-05-12
6900 Bay Dr Apt 10K	condos	1	2	970	$210,000	2026-05-07
6801 Collins Ave Unit 417	condos	1	1	800	$775,000	2026-05-05
7133 Bay Dr Apt 601	condos	1	1	900	$244,000	2026-05-01
1455 N Treasure Dr Ph G	condos	1	1	827	$250,000	2026-04-29
7904 West Dr Apt 508	condos	1	1	656	$220,000	2026-04-28
6937 Bay Dr Apt 210	condos	1	2	686	$210,000	2026-04-28
6365 Collins Ave Apt 2406	condos	1	2	808	$805,000	2026-04-27
2160 Baydr Unit 2-11	condos	1	1	550	$222,000	2026-04-21
6515 Collins Ave Apt 1007	condos	1	2	818	$775,000	2026-04-10
7904 West Dr Apt 903	condos	1	1	436	$194,000	2026-04-03
6917 Collins Ave Apt 820	condos	1	2	812	$445,000	2026-04-02
8024 Tatum Waterway Dr Apt 5D	condos	1	2	785	$250,000	2026-03-30

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
580 72nd St Ph 6	condos	1	1	657	$1,210,000	—
580 72nd St Ph 4	condos	1	2	639	$1,200,000	—
600 71st St Unit 6	condos	1	1	759	$710,000	—
1801 S Treasure Dr Apt 302	condos	1	1	—	$179,500	—
6900 Bay Dr Apt 3H	condos	1	2	780	$199,900	—
6423 Collins Ave Apt 1702	condos	1	2	1,412	$725,000	—
8001 Byron Ave Apt 3C	condos	1	1	767	$200,000	—
2250 Bay Dr Apt 7	condos	1	1	750	$230,000	—

10-year hold projection

IRR-8.4%

Equity multiple-0.42x

Total return (10yr)-$217,957

Year	Property value	NOI	Cash flow	Loan balance	Equity
1	$1,001,160	-$5,416	-$66,578	$769,169	$231,991
2	$1,031,195	-$5,441	-$66,633	$760,159	$271,036
3	$1,062,131	-$5,464	-$66,687	$750,531	$311,600
4	$1,093,995	-$5,484	-$66,738	$740,241	$353,754
5	$1,126,814	-$5,501	-$66,787	$729,244	$397,570
6	$1,160,619	-$5,514	-$66,833	$717,493	$443,126
7	$1,195,437	-$5,524	-$66,877	$704,934	$490,503
8	$1,231,301	-$5,531	-$66,919	$691,513	$539,787
9	$1,268,240	-$5,534	-$66,957	$677,170	$591,069
10	$1,306,287	-$5,533	-$66,992	$661,843	$644,444

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.

NOI derived	-$5,416
Annual debt service derived	$59,965

Total operating expenses derived	$27,441
Annual debt service derived	$59,965
Annual PMI assumption	$0
Gross scheduled rent (annual) comp	$23,940