3525 Day Ave
Miami, FL 33133 · townhomes · For Sale · 169 days on market
Asking price$1,149,900
3 beds 3 baths 1,362 sqft
Suggested offer$958,584$191,316 above the est. market value of $958,584.
View on Realtor.com →Listed by Carlos Escoto · Douglas Elliman - Coconut Grove
Typetownhomes
Built2021
Price / sqft$844
Est. value (own analysis)$958,584
Rent estimate (own analysis)$8,255/mo
HOANone
1 / 33
Show every detail
Statusfor_sale
Listed date2026-03-17
Removed date—
MLSMiamiMLS #A11983620
Coordinates25.73164, -80.25053
Address3525 Day Ave
CityMiami
StateFL
Zip33133
Listing ID9835822364
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33133)
Typical home value (ZHVI)$1,352,044
Typical rent (ZORI)$3,793/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 | $1,149,900 |
| Down payment (20.0%) | $229,980 |
| Loan amount | $919,920 |
| Closing costs (5.0%) | $57,495 |
| Total cash to close | $287,475 |
| Income | |
| Rent (comp-derived) | $8,255$99,060 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,595$91,135 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,821$21,848 |
| Insurance (placeholder 0.8% of price) | $767$9,199 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $413$4,953 |
| Total operating expenses | $3,000$36,000 |
| 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) | $413$4,953 |
| 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.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 3 | 1,719 | $6,800 | 2026-08-14 | — | |
| townhomes | 3 | 3 | 1,275 | $6,300 | 2026-08-07 | — | |
| townhomes | 3 | 3 | 1,535 | $8,800 | 2026-06-18 | — | |
| townhomes | 3 | 3 | 1,650 | $12,000 | 2026-06-17 | — | |
| townhomes | 3 | 3 | 1,650 | $12,000 | 2026-06-16 | — | |
| townhomes | 3 | 3 | 1,604 | $9,985 | 2026-08-03 | — | |
| townhomes | 3 | 3 | 1,604 | $9,985 | 2026-08-03 | — | |
| townhomes | 3 | 3 | 1,629 | $4,700 | 2026-08-02 | — | |
| townhomes | 3 | 2 | 1,450 | $3,950 | 2026-08-01 | — | |
| townhomes | 3 | 3 | 1,560 | $8,255 | 2026-07-28 | — | |
| townhomes | 3 | 3 | 1,220 | $6,150 | — | — |
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 |
|---|---|---|---|---|---|---|
| 2977 Bridgeport Ave | townhomes | 3 | 4 | 2,802 | $2,520,000 | 2026-07-31 |
| 3376 Day Ave Unit B | townhomes | 3 | 3 | — | $1,475,000 | 2026-07-31 |
| 2721 SW 22nd Ave Unit C | townhomes | 3 | 3 | 2,215 | $1,799,000 | 2026-07-20 |
| 3374 Day Ave Unit A | townhomes | 3 | 3 | — | $1,575,000 | 2026-07-17 |
| 2917 SW 30th Ct Unit 2917 | townhomes | 3 | 4 | 2,445 | $1,130,000 | 2026-07-02 |
| 3318 Day Ave Unit 7 | townhomes | 3 | 3 | 2,577 | $1,575,000 | 2026-06-29 |
| 3407 Day Ave Unit 3407 | townhomes | 3 | 3 | 2,522 | $1,775,000 | 2026-06-16 |
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 |
|---|---|---|---|---|---|---|
| 3350 SW 27th Ave Apt 1802 | condos | 3 | 3 | 2,522 | $3,100,000 | — |
| 3 Grove Isle Dr Unit C410 | condos | 3 | 3 | 2,424 | $2,695,000 | — |
| 2678 Tigertail Ave Apt 401 | condos | 3 | 4 | 1,811 | $3,250,000 | — |
| 2901 S Bayshore Dr Apt 1B | condos | 3 | 2 | 1,587 | $1,985,000 | — |
| 3431 SW 25th St | single_family | 3 | 2 | 1,296 | $740,000 | — |
| 2155 SW 25th Ter | single_family | 3 | 3 | 1,628 | $1,429,000 | — |
| 2678 Tigertail Ave Apt 1806 | condos | 3 | 4 | 2,058 | $3,995,000 | — |
| 2 Grove Isle Dr Unit B1109 | condos | 3 | 3 | 2,614 | $2,900,000 | — |
10-year hold projection
IRR5.7%
Equity multiple1.90x
Total return (10yr)$408,961
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,184,397 | $55,135 | -$20,758 | $909,946 | $274,451 |
| 2 | $1,219,929 | $56,969 | -$19,048 | $899,287 | $320,642 |
| 3 | $1,256,527 | $58,863 | -$17,281 | $887,896 | $368,630 |
| 4 | $1,294,223 | $60,818 | -$15,456 | $875,723 | $418,499 |
| 5 | $1,333,049 | $62,836 | -$13,571 | $862,714 | $470,335 |
| 6 | $1,373,041 | $64,920 | -$11,624 | $848,812 | $524,229 |
| 7 | $1,414,232 | $67,071 | -$9,613 | $833,955 | $580,277 |
| 8 | $1,456,659 | $69,292 | -$7,536 | $818,078 | $638,581 |
| 9 | $1,500,359 | $71,584 | -$5,390 | $801,110 | $699,248 |
| 10 | $1,545,369 | $73,951 | -$3,174 | $782,978 | $762,392 |
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.