31 NW 10th St Unit 1105
Miami, FL 33030 · condos · For Sale · 99 days on market
Asking price$1,461,500
3 beds 3 baths 1,209 sqft
Suggested offer$521,479$940,021 above the est. market value of $521,479.
View on Realtor.com →Listed by Steven Mikhli · Nest Seekers International, Midtown
Typecondos
Built—
Price / sqft$1209
Est. value (Zillow ZIP avg)$521,479
Rent estimate (own analysis)$2,700/mo
HOANone
1 / 8
Show every detail
Statusfor_sale
Listed date2026-05-26
Removed date—
MLSNestSeekers #5509309
Coordinates25.45828, -80.47769
Address31 NW 10th St Unit 1105
CityMiami
StateFL
Zip33030
Listing ID9769163172
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33030)
Typical home value (ZHVI)$521,479
Typical rent (ZORI)$2,465/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 | $1,461,500 |
| Down payment (20.0%) | $292,300 |
| Loan amount | $1,169,200 |
| Closing costs (5.0%) | $73,075 |
| Total cash to close | $365,375 |
| Income | |
| Rent (comp-derived) | $2,700$32,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,484$29,808 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,314$27,769 |
| Insurance (placeholder 0.8% of price) | $974$11,692 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $135$1,620 |
| Total operating expenses | $3,423$41,081 |
| 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) | $135$1,620 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| apartment | 3 | 2 | 1,110 | $2,800 | 2026-08-11 | — | |
| apartment | 3 | 2 | 1,200 | $2,700 | 2026-08-11 | — | |
| apartment | 3 | 2 | 1,200 | $2,700 | 2026-08-11 | — |
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.
No recent recorded sales cached yet for this ZIP.
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 |
|---|---|---|---|---|---|---|
| SW 312 St & 187th Ave | single_family | 3 | 2 | 1,813 | $504,990 | — |
| 18840 SW 314th St | single_family | 3 | 3 | 1,813 | $510,365 | — |
| 18876 SW 314th St | single_family | 3 | 3 | 1,670 | $504,215 | — |
| SW 312 St & 187th Ave | single_family | 3 | 2 | 1,670 | $493,990 | — |
| 30221 SW 173rd Ave | single_family | 3 | 2 | 1,302 | $546,000 | — |
| 948 NW 9th Ct | single_family | 3 | 2 | 1,858 | $463,000 | — |
| 655 SW 5th St | single_family | 3 | 2 | 1,120 | $375,000 | — |
| 1584 SW 2nd St | townhomes | 3 | 2 | 1,115 | $299,000 | — |
10-year hold projection
IRR-8.9%
Equity multiple-0.51x
Total return (10yr)-$361,621
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,505,345 | -$11,273 | -$103,056 | $1,156,523 | $348,822 |
| 2 | $1,550,505 | -$11,405 | -$103,229 | $1,142,976 | $407,529 |
| 3 | $1,597,021 | -$11,537 | -$103,402 | $1,128,499 | $468,522 |
| 4 | $1,644,931 | -$11,667 | -$103,575 | $1,113,027 | $531,904 |
| 5 | $1,694,279 | -$11,796 | -$103,747 | $1,096,493 | $597,786 |
| 6 | $1,745,107 | -$11,923 | -$103,919 | $1,078,823 | $666,284 |
| 7 | $1,797,461 | -$12,048 | -$104,090 | $1,059,940 | $737,520 |
| 8 | $1,851,384 | -$12,172 | -$104,260 | $1,039,761 | $811,624 |
| 9 | $1,906,926 | -$12,293 | -$104,430 | $1,018,195 | $888,731 |
| 10 | $1,964,134 | -$12,411 | -$104,597 | $995,149 | $968,985 |
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.