4769 NW 17th Ave
Miami, FL 33142 · multi_family · For Sale · 15 days on market
Asking price$625,000
5 beds 4 baths 2,242 sqft
Listed by Clifford Lloyd · Tristar Real Estate Corp.
Typemulti_family
Built1938
Price / sqft$279
Est. value (own analysis)$722,776
Rent estimate (building total, own analysis)$5,627/mo
HOANone
1 / 11
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Statusfor_sale
Listed date2026-08-18
Removed date—
MLSMiamiMLS #A12073143
Coordinates25.81909, -80.22422
Address4769 NW 17th Ave
CityMiami
StateFL
Zip33142
Listing ID9540170778
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33142)
Typical home value (ZHVI)$430,103
Typical rent (ZORI)$2,350/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 | $625,000 |
| Down payment (20.0%) | $125,000 |
| Loan amount | $500,000 |
| Closing costs (5.0%) | $31,250 |
| Total cash to close | $156,250 |
| Income | |
| Rent (estimate) | $5,627$67,529 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,177$62,127 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $990$11,875 |
| Insurance (placeholder 0.8% of price) | $417$5,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $281$3,376 |
| Total operating expenses | $1,688$20,251 |
| 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) | $281$3,376 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 3001 NW 22nd Ct | multi_family | 5 | 3 | 1,855 | $630,000 | 2026-04-10 |
| 2967 NW 30th St | multi_family | 5 | 3 | 2,916 | $520,000 | 2026-04-07 |
| 9596861224 | multi_family | 5 | 3 | 1,855 | $630,000 | 2026-03-27 |
| 3011 NW 14th Ave | multi_family | 5 | 3 | 1,866 | $620,000 | 2026-03-12 |
| 2121 NW 27th St | multi_family | 5 | 3 | 2,248 | $350,000 | 2025-12-16 |
| 2501 NW 24th Ct | multi_family | 5 | 1 | 2,000 | $625,000 | 2025-12-01 |
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 |
|---|---|---|---|---|---|---|
| 4245 NW 24th Ave | multi_family | 5 | 2 | 1,701 | $609,000 | — |
| 1345 NW 25th St | multi_family | 5 | 3 | 2,505 | $565,000 | — |
| 3389 NW 14th Ave | multi_family | 5 | 3 | 2,241 | $995,000 | — |
| 1274 NW 55th Ter | single_family | 5 | 4 | 2,292 | $760,000 | — |
| 2428 NW 28th St | multi_family | 5 | 3 | 1,662 | $649,000 | — |
| 1436 NW 51st Ter | multi_family | 5 | 2 | 1,548 | $598,900 | — |
| 1490/1492 NW 38th St | multi_family | 5 | 3 | 1,840 | $585,000 | — |
| 1523 NW 38th St | single_family | 5 | 2 | 1,472 | $615,000 | — |
10-year hold projection
IRR11.1%
Equity multiple2.73x
Total return (10yr)$351,304
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $643,750 | $41,875 | -$59 | $494,579 | $149,171 |
| 2 | $663,063 | $43,233 | $1,214 | $488,786 | $174,277 |
| 3 | $682,954 | $44,634 | $2,529 | $482,594 | $200,360 |
| 4 | $703,443 | $46,079 | $3,885 | $475,978 | $227,465 |
| 5 | $724,546 | $47,570 | $5,286 | $468,907 | $255,639 |
| 6 | $746,283 | $49,109 | $6,732 | $461,351 | $284,931 |
| 7 | $768,671 | $50,697 | $8,224 | $453,276 | $315,395 |
| 8 | $791,731 | $52,335 | $9,764 | $444,647 | $347,085 |
| 9 | $815,483 | $54,026 | $11,354 | $435,424 | $380,059 |
| 10 | $839,948 | $55,770 | $12,996 | $425,569 | $414,379 |
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.