9310 W Flagler St Apt 110A

Miami, FL 33174 · condos · For Sale · 23 days on market
Asking price$239,900
1 beds 1 baths 614 sqft
Suggested offer$222,311$17,589 above the est. market value of $222,311.
View on Realtor.com →
Listed by Yvonne Vigo · Nelson Realty Services, Inc.
Typecondos
Built1973
Price / sqft$391
Est. value (own analysis)$222,311
Rent estimate (own analysis)$1,750/mo
HOA$227/mo
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Neighborhood

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Statusfor_sale
Listed date2026-08-10
Removed date
MLSMiamiMLS #A12067918
Coordinates25.76734, -80.34712
Address9310 W Flagler St Apt 110A
CityMiami
StateFL
Zip33174
Listing ID9648524672
Sourceus-real-estate-listings, cached 2026-09-01

ZIP market snapshot (33174)

Typical home value (ZHVI)$448,390
Typical rent (ZORI)$2,762/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$239,900
Down payment (20.0%)$47,980
Loan amount$191,920
Closing costs (5.0%)$11,995
Total cash to close$59,975
Rent (comp-derived)$1,750$21,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$21,000
Vacancy rate (assumption) assumption8.0%

$21,000 × 8.0% = $1,680

Effective gross income$1,610$19,320
Property tax (placeholder 1.9% of price)$380$4,558
Insurance (placeholder 0.8% of price)$160$1,919
HOA dues$227$2,724
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$88$1,050
Total operating expenses$854$10,251
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$19,320
Total operating expenses derived$10,251

$19,320 − $10,251 = $9,069

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$191,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$191,920 amortized at 6.7% over 30 years = $1,233/mo

CapEx reserve (5.0% of GSR)$88$1,050
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$9,069
Annual debt service derived$14,800
Annual CapEx reserve assumption$1,050
Annual PMI assumption$0

($9,069 − $14,800 − $1,050 − $0) ÷ 12 = -$565

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$9,069
Purchase price data$239,900

$9,069 ÷ $239,900 = 3.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$6,781
Total cash to close derived$59,975

-$6,781 ÷ $59,975 = -11.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$9,069
Annual debt service derived$14,800

$9,069 ÷ $14,800 = 0.61

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$21,000
Purchase price data$239,900

($21,000 ÷ 12) ÷ $239,900 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$239,900
Gross scheduled rent (annual) comp$21,000

$239,900 ÷ $21,000 = 11.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$10,251
Effective gross income derived$19,320

$10,251 ÷ $19,320 = 53.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$10,251
Annual debt service derived$14,800
Annual PMI assumption$0
Gross scheduled rent (annual) comp$21,000

($10,251 + $14,800 + $0) ÷ $21,000 = 119.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos11667$1,7502026-08-10
condos11614$1,7502026-08-08
condos11614$1,8002026-05-06
condos11465$1,7252026-03-25
condos11776$2,0002026-08-23
condos11667$1,7252026-08-25
apartment11640$1,954
apartment11640$1,969
apartment11700$1,6002026-08-27

Miami, 33174 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage667
Listed2026-08-10
Days on market

Asking rent: $1,750

View on Zillow →

9370 W Flagler St Unit 209A

Miami, 33174 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage614
Listed2026-08-08
Days on market

Asking rent: $1,750

View on Zillow →

9390 W Flagler St Unit 210A

Miami, 33174 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage614
Listed2026-05-06
Days on market

Asking rent: $1,800

View on Zillow →

9405 W Flagler St Apt D204

Miami, 33174 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage465
Listed2026-03-25
Days on market

Asking rent: $1,725

View on Zillow →

9431 SW 4th St Unit 204-7

Miami, 33174 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage776
Listed2026-08-23
Days on market

Asking rent: $2,000

View on Zillow →

Miami, 33174 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage667
Listed2026-08-25
Days on market

Asking rent: $1,725

View on Zillow →

10495 SW 14th Ter # 06-211

Miami, 33174 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage640
Listed
Days on market

Asking rent: $1,954

View on Zillow →

10495 SW 14th Ter # 02-112

Miami, 33174 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage640
Listed
Days on market

Asking rent: $1,969

View on Zillow →

11134 SW 6th St Unit R1

Miami, 33174 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage700
Listed2026-08-27
Days on market

Asking rent: $1,600

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
9520 SW 8th St Apt 121condos11641$240,0002026-09-01
9520 SW 8th St Apt 119condos11641$225,0002026-04-27
9405 W Flagler St Apt D205condos11465$150,0002026-01-23
8764 SW 12th St Apt 107condos11670$250,0002025-11-20
10745 SW 3rd St Apt 8condos11640$165,0002025-10-17
8788 SW 12th St Apt 103condos11670$252,5002025-10-15

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
condos11667$190,000
9401 SW 4th St Apt 104condos11776$185,000
9520 SW 8th St Apt 121condos11641$240,000
9350 W Flagler St Unit 105Acondos11614$225,000
9405 W Flagler St Apt D105condos11465$230,000
9411 SW 4th St Apt 404condos11776$190,000

10-year hold projection

IRR2.7%
Equity multiple1.44x
Total return (10yr)$57,945
YearProperty valueNOICash flowLoan balanceEquity
1$247,097$9,069-$6,781$189,839$57,258
2$254,510$9,392-$6,484$187,615$66,894
3$262,145$9,726-$6,177$185,239$76,906
4$270,010$10,072-$5,859$182,699$87,310
5$278,110$10,429-$5,530$179,985$98,125
6$286,453$10,799-$5,189$177,085$109,368
7$295,047$11,181-$4,837$173,985$121,061
8$303,898$11,576-$4,472$170,673$133,225
9$313,015$11,984-$4,095$167,133$145,882
10$322,406$12,406-$3,706$163,350$159,056
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.