300 Biscayne Blvd Way Apt 6301

Miami, FL 33131 · condos · For Sale · 20 days on market
Asking price$75,000,000
7 beds 14 baths 19,868 sqft
Suggested offer$12,657,307$62,342,693 above the est. market value of $12,657,307.
View on Realtor.com →
Listed by Daniella Villati · Miami Royal Realty, LLC.
Typecondos
Built2024
Price / sqft$3775
Est. value (own analysis)$12,657,307
Rent estimate (Zillow ZIP avg)$3,815/mo
HOA$39,515/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-13
Removed date
MLSMiamiMLS #A12064500
Coordinates25.77065, -80.18828
Address300 Biscayne Blvd Way Apt 6301
CityMiami
StateFL
Zip33131
Listing ID9536775023
Sourceus-real-estate-listings, cached 2026-08-29

ZIP market snapshot (33131)

Typical home value (ZHVI)$587,486
Typical rent (ZORI)$3,815/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$75,000,000
Down payment (20.0%)$15,000,000
Loan amount$60,000,000
Closing costs (5.0%)$3,750,000
Total cash to close$18,750,000
Rent (ZIP avg, ZORI — not bedroom-specific)$3,815$45,781
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$45,781
Vacancy rate (assumption) assumption8.0%

$45,781 × 8.0% = $3,663

Effective gross income$3,510$42,119
Property tax (placeholder 1.9% of price)$118,750$1,425,000
Insurance (placeholder 0.8% of price)$50,000$600,000
HOA dues$39,515$474,180
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$191$2,289
Total operating expenses$208,456$2,501,469
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$42,119
Total operating expenses derived$2,501,469

$42,119 − $2,501,469 = -$2,459,350

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$60,000,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$60,000,000 amortized at 6.7% over 30 years = $385,576/mo

CapEx reserve (5.0% of GSR)$191$2,289
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-$2,459,350
Annual debt service derived$4,626,914
Annual CapEx reserve assumption$2,289
Annual PMI assumption$0

(-$2,459,350 − $4,626,914 − $2,289 − $0) ÷ 12 = -$590,713

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$2,459,350
Purchase price data$75,000,000

-$2,459,350 ÷ $75,000,000 = -3.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$7,088,553
Total cash to close derived$18,750,000

-$7,088,553 ÷ $18,750,000 = -37.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$2,459,350
Annual debt service derived$4,626,914

-$2,459,350 ÷ $4,626,914 = -0.53

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$45,781
Purchase price data$75,000,000

($45,781 ÷ 12) ÷ $75,000,000 = 0.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$75,000,000
Gross scheduled rent (annual) comp$45,781

$75,000,000 ÷ $45,781 = 1638.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$2,501,469
Effective gross income derived$42,119

$2,501,469 ÷ $42,119 = 5939.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$2,501,469
Annual debt service derived$4,626,914
Annual PMI assumption$0
Gross scheduled rent (annual) comp$45,781

($2,501,469 + $4,626,914 + $0) ÷ $45,781 = 15570.5%

Comparables

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

No active rental listings cached yet for this bedroom count.

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
848 Brickell Key Dr Apt 2702condos221,440$920,0002026-09-02
950 Brickell Bay Dr Apt 802condos11692$375,0002026-09-01
901 Brickell Key Blvd Apt 3004condos342,591$2,350,0002026-08-31
701 Brickell Key Blvd Apt 1108condos12806$390,0002026-08-31
1425 Brickell Ave Apt 58Econdos343,357$4,800,0002026-08-31
1000 Brickell Plz Unit 4809condos231,236$1,365,0002026-08-28
495 Brickell Ave Apt 5309condos111,035$580,0002026-08-28
848 Brickell Key Dr Apt 2703condos121,087$745,0002026-08-26
475 Brickell Ave Apt 5010condos01546$375,0002026-08-26
900 Brickell Key Blvd Apt 1101condos342,065$2,200,0002026-08-25
200 Biscayne Boulevard Way Apt 3811condos12822$525,0002026-08-24
1010 Brickell Ave Unit 1806condos121,100$699,0002026-08-24
41 SE 5th St Apt 1202condos221,289$580,0002026-08-21
68 SE 6th St Apt 810condos221,193$810,0002026-08-20
55 SE 6th St Apt 1208condos11738$380,0002026-08-19
335 S Biscayne Blvd Apt 3807condos221,178$655,0002026-08-17
801 Brickell Key Blvd Apt 2203condos331,659$1,600,0002026-08-14
335 S Biscayne Blvd Apt 3005condos221,227$640,0002026-08-14
500 Brickell Ave Apt 4101condos331,494$980,0002026-08-13
701 Brickell Key Blvd Apt 1903condos331,719$1,260,0002026-08-12
1200 Brickell Bay Dr Apt 2222condos11825$485,0002026-08-10
1200 Brickell Bay Dr Apt 1924condos321,232$700,0002026-08-10
41 SE 5th St Apt 1702condos221,289$625,0002026-08-07
1200 Brickell Bay Dr Apt 3122condos11825$420,0002026-08-07
701 Brickell Key Blvd Apt 1605condos221,236$650,0002026-08-07
31 SE 6th St Apt 301condos221,116$520,0002026-08-05
540 Brickell Key Dr Apt 414condos12640$281,5002026-08-03
1200 Brickell Bay Dr Ph 4308condos11825$432,0002026-07-30
300 Biscayne Blvd Way Apt 2505condos241,699$2,050,0002026-07-30
1010 Brickell Ave Unit 1504condos231,325$870,0002026-07-27
68 SE 6th St Apt 2409condos231,373$980,0002026-07-27
151 SE 1st St Apt 3202condos21736$452,0002026-07-24
1080 Brickell Ave Unit 3300condos331,593$1,257,5002026-07-23
1408 Brickell Bay Dr Apt 917condos11787$315,0002026-07-23
901 Brickell Key Blvd Apt 1409condos231,418$1,100,0002026-07-22
465 Brickell Ave Apt 917condos11882$615,0002026-07-21
1000 Brickell Plz Unit 2008condos12836$695,0002026-07-20
770 Claughton Island Dr Apt 1905condos11708$320,0002026-07-20
1450 Brickell Bay Dr Apt 311condos221,030$470,0002026-07-20
950 N Brickell Bay Dr Unit 3002condos11688$435,0002026-07-17
170 SE 14th St Apt 2705condos22942$483,0002026-07-16
495 Brickell Ave Apt 5703condos332,172$2,250,0002026-07-15
1300 Brickell Bay Dr Apt 806condos11696$525,0002026-07-13
1200 Brickell Bay Dr Apt 3123condos221,105$629,0002026-07-13
151 SE 1st St Apt 905condos11526$350,0002026-07-10
200 Biscayne Boulevard Way Apt 509condos231,489$1,700,0002026-07-10
68 SE 6th St Apt 2807condos231,244$940,0002026-07-10
1155 Brickell Bay Dr Ph 303condos331,940$1,600,0002026-07-08
888 Brickell Key Dr Apt 210condos221,310$760,0002026-07-07
31 SE 5th St Apt 2604condos221,051$540,0002026-07-06

Widened to city-wide. 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
5204 N Miami Avemulti_family742,943$1,850,000
7745 SW 54th Avesingle_family795,797$5,395,000
multi_family743,931$775,000
2283 NW 35th Stmulti_family742,700$765,000
1256 NE 110th Termulti_family751,946$1,450,000
7930 SW 52nd Ctsingle_family785,452$5,650,000
2215 NW 33rd Stmulti_family732,399$835,000
234 NW 32nd Avemulti_family732,128$985,000

10-year hold projection

IRR-15.0%
Equity multiple-1.61x
Total return (10yr)-$39,111,286
YearProperty valueNOICash flowLoan balanceEquity
1$77,250,000-$2,459,350-$7,088,553$59,349,467$17,900,533
2$79,567,500-$2,520,624-$7,149,884$58,654,261$20,913,239
3$81,954,525-$2,583,422-$7,212,741$57,911,314$24,043,211
4$84,413,161-$2,647,784-$7,277,163$57,117,348$27,295,813
5$86,945,556-$2,713,749-$7,343,189$56,268,860$30,676,695
6$89,553,922-$2,781,356-$7,410,859$55,362,106$34,191,817
7$92,240,540-$2,850,645-$7,480,214$54,393,083$37,847,457
8$95,007,756-$2,921,660-$7,551,295$53,357,517$41,650,239
9$97,857,989-$2,994,442-$7,624,145$52,250,837$45,607,151
10$100,793,728-$3,069,037-$7,698,809$51,068,161$49,725,568
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.