851 80th St
Miami Beach, FL 33141 · multi_family · For Sale · 274 days on market
Asking price$1,400,000
— beds — baths 4,458 sqft
Listed by Vicente Rodriguez · Fausto Commercial Realty Consultants Inc
Typemulti_family
Built1947
Price / sqft$314
Est. value (own analysis)$1,818,151
Rent estimate (building total, own analysis)$14,048/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2025-12-02
Removed date—
MLSMiamiMLS #A11923537
Coordinates25.86619, -80.12699
Address851 80th St
CityMiami Beach
StateFL
Zip33141
Listing ID9559463643
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) | |
| Purchase price | $1,400,000 |
| Down payment (20.0%) | $280,000 |
| Loan amount | $1,120,000 |
| Closing costs (5.0%) | $70,000 |
| Total cash to close | $350,000 |
| Income | |
| Rent (estimate) | $14,048$168,580 |
| Vacancy loss (8.0%) | |
| Effective gross income | $12,924$155,093 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,217$26,600 |
| Insurance (est. scaled by flood & wind risk) | $2,053$24,640 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $702$8,429 |
| Total operating expenses | $4,972$59,669 |
| 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) | $702$8,429 |
| 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 |
|---|---|---|---|---|---|---|
| 8109 Harding Ave | multi_family | — | — | 1,784 | $2,500,000 | 2026-08-26 |
| 1930 Calais Dr | multi_family | 4 | 4 | 2,700 | $1,200,000 | 2026-08-10 |
| 7710 Carlyle Ave | multi_family | — | — | 3,425 | $1,175,000 | 2026-07-22 |
| 7820 Harding Ave | multi_family | — | — | 3,304 | $1,400,000 | 2026-07-17 |
| 630 79th St | multi_family | 6 | 4 | 4,306 | $1,200,000 | 2026-07-17 |
| 800 83rd St Apt 1 | multi_family | 6 | 6 | 3,428 | $1,300,000 | 2026-07-15 |
| 7885 Crespi Blvd | multi_family | 6 | 4 | 2,700 | $2,400,000 | 2026-07-14 |
| 7905 Crespi Blvd Apt 3 | multi_family | 2 | 2 | 1,946 | $2,400,000 | 2026-07-14 |
| 345 85th St | multi_family | 8 | 8 | 6,336 | $1,365,000 | 2026-06-23 |
| 8025 Crespi Blvd | multi_family | 6 | 6 | 4,704 | $1,600,000 | 2026-05-12 |
| 725 81st St | multi_family | 10 | 8 | 4,318 | $1,600,000 | 2026-04-14 |
| 1657 N Treasure Dr Apt 4 | multi_family | 6 | 6 | 4,526 | $500,000 | 2026-04-08 |
| 6966 Byron Ave Apt 202 | multi_family | 9 | 5 | 5,016 | $2,550,000 | 2026-03-27 |
| 6484 Indian Creek Dr Apt 121 | multi_family | — | — | 25,163 | $115,000 | 2026-03-19 |
| 600 79th St | multi_family | 2 | 6 | 3,853 | $1,540,000 | 2026-02-19 |
| 740 83rd St Apt 2 | multi_family | 5 | 4 | 3,330 | $1,208,000 | 2026-02-05 |
| 1800 Normandy Dr | multi_family | — | — | 3,000 | $1,269,999 | 2026-01-30 |
| 750 84th St | multi_family | — | — | 2,464 | $1,025,000 | 2026-01-15 |
| 740 84th St | multi_family | — | — | 2,464 | $1,025,000 | 2026-01-15 |
| 7411 Carlyle Ave Apt 4 | multi_family | 6 | 6 | 2,961 | $1,499,000 | 2025-11-05 |
| 7411 Carlyle Ave | multi_family | — | — | 2,668 | $1,500,000 | 2025-10-29 |
| 1982 Marseille Dr | multi_family | 8 | 8 | 4,576 | $500,000 | 2025-09-12 |
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.
No other cached listings nearby for this bedroom count yet.
10-year hold projection
IRR11.3%
Equity multiple2.76x
Total return (10yr)$799,565
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,442,000 | $95,424 | $626 | $1,107,857 | $334,143 |
| 2 | $1,485,260 | $98,586 | $3,577 | $1,094,880 | $390,380 |
| 3 | $1,529,818 | $101,849 | $6,624 | $1,081,011 | $448,807 |
| 4 | $1,575,712 | $105,218 | $9,772 | $1,066,191 | $509,522 |
| 5 | $1,622,984 | $108,696 | $13,023 | $1,050,352 | $572,632 |
| 6 | $1,671,673 | $112,286 | $16,380 | $1,033,426 | $638,247 |
| 7 | $1,721,823 | $115,992 | $19,848 | $1,015,338 | $706,486 |
| 8 | $1,773,478 | $119,818 | $23,429 | $996,007 | $777,471 |
| 9 | $1,826,682 | $123,767 | $27,128 | $975,349 | $851,333 |
| 10 | $1,881,483 | $127,843 | $30,948 | $953,273 | $928,210 |
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.