Multi-family
311 SW 10th Ave · Miami, FL
Flood risk 8/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 31 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +4.1/10.0
- Livability +3.9/5.0
- Rent growth +2.4/5.0
- Schools +2.0/10.0
- Condition / age +1.0/5.0
$499,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks MLS
Opportunity in the Heart of Miami to acquire two adjoining multi-family properties 311 & 315 SW 10 Avenue each lot is 5,000 sq ft, combined 10,000 sq ft 100 X 100. Property consists of 2 folios 01-4102-002-0500 and 01-4102-002-0510 Property Zoned T-4. Rebuild in one of Miami's rapidly transforming neighborhoods! Located just minutes from Marlins Stadium and vibrant Little Havana, this property sits within an Opportunity Zone, making it especially attractive for savvy investors looking to capitalize on tax advantages and long-term growth. The surrounding area is experiencing significant revitalization, with new construction and renovations happening throughout—positioning this property perfectly for future appreciation. Cash or hard money loan only. No access to buildings or property until terms and conditions are agreed upon in a fully executed contract. Please do NOT walk the property.
Key facts
- Opportunity zone
- Duplex opportunity
- Detached unit
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath multifamily listed at $499k. Condition is rated poor.
Deal economics
- At list price, monthly cash flow is $4k ($43k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($10k rent vs $499k).
- Recommended offer: $454k (9.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 78/100 on livability (#177 in FL, #2,724 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A+; Watch: employment C-, crime F, cost of living F.
- Miami-Dade (suburban): math 45% / reading 54% proficiency, ranked #40 of 73 in FL (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Riverside Elementary School (math 23% / reading 23%, grade F, #2,070 of 2,144 statewide, top 97%, 993 students, 56% FRL); Jose De Diego Middle School (math 20% / reading 24%, grade F, #549 of 571 statewide, top 97%, 868 students, 68% FRL); Booker T. Washington Senior High (math 12% / reading 19%, grade F, #604 of 667 statewide, top 91%, 1,014 students, 60% FRL) — zoned schools at 61% FRL track the district average.
- Zoned-school proficiency averages 20% at this address vs 50% district-wide (-29 pts) — the specific schools serving this property underperform the Miami-Dade average; the district grade overstates school quality for this exact location.
- Market conditions: Rents soft (-0.5%/yr); 838 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals lingering (median 39d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; 10,051 units permitted in Miami-Dade County in 2024 (7,758 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-1.8%/yr); year-one equity from $3k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- Miami-Dade County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-1.8% appreciation + 0.0% rent growth), your $140k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 111 days — a 9% lower offer ($454k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $761k (60%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $95k; list at $499k implies a 425% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; built in 1935 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 111 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1935 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.92% ✓
- Cap rate
- 16.01%
- Cash-on-cash
- 34.72%
- DSCR
- 2.54
- GRM
- 4.3
CMA / ARV
- ARV (median comp)
- $712,849
- List price
- $499,000
- Delta
- -30.00%
- Verdict
- UNDERPRICED
- Comps
- 12 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1451 Brickell Ave #2703 | 1.44mi | 2/2.5 (-1) | 1,137 (-2%) | 0mo | $1,225,000 | $1,077 | 50 |
| 31 SE 6th St #301 | 1.20mi | 2/2.0 (-1) | 1,116 (-4%) | 0mo | $520,000 | $466 | 49 |
| 90 SW 3rd St #3706 | 0.99mi | 2/2.0 (-1) | 1,087 (-7%) | 0mo | $518,000 | $477 | 45 |
| 465 Brickell Ave #2002 | 1.41mi | 2/2.0 (-1) | 1,269 (+9%) | 0mo | $850,000 | $670 | 41 |
| 465 Brickell Ave #1602 | 1.41mi | 2/2.0 (-1) | 1,269 (+9%) | 0mo | $815,000 | $642 | 41 |
| 60 SW 13th St #5012 | 1.23mi | 2/2.5 (-1) | 1,255 (+8%) | 0mo | $675,000 | $538 | 41 |
| 253 NE 2nd St #903 | 1.44mi | 2/2.0 (-1) | 1,058 (-9%) | 0mo | $480,000 | $454 | 41 |
| 41 SE 5th St #1016 | 1.20mi | 2/2.0 (-1) | 1,289 (+11%) | 0mo | $585,000 | $454 | 38 |
| 690 SW 1st Ct #2101 | 0.95mi | 3/2.0 | 1,337 (+15%) | 0mo | $700,000 | $524 | 36 |
| 2110 SW 15th St | 1.37mi | 3/2.0 | 1,378 (+18%) | 0mo | $860,000 | $624 | 36 |
| 1010 SW 2nd Ave #1709 | 0.94mi | 2/2.5 (-1) | 1,037 (-11%) | 0mo | $600,000 | $579 | 36 |
| 816 NW 11th St #806 | 0.93mi | 2/2.0 (-1) | 891 (-24%) | 0mo | $301,000 | $338 | 31 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-1.79% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 24.9%
- Equity multiple
- 2.06×
- Total profit
- $147,602
- Equity at exit
- $101,811
- IRR
- 29.0%
- Equity multiple
- 3.45×
- Total profit
- $341,719
- Equity at exit
- $91,723
Cash invested: $139,720 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 1 active
- Median asking
- $535,000 ($521/sqft)
- Median days on market
- 60 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- +17.3% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33130
- Home prices YoY
- -0.5%
- Rents YoY
- -0.5%
- Active inventory
- 838
- Price-to-rent
- 13.0×
Monthly cashflow live
- Estimated rent
- $9,573 medium interval (Pro) →
- Mortgage (P&I)
- −$2,617
- Tax from tax record
- −$695 /mo · $8,345/yr
- Insurance
- −$208
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$2,010
- Net cashflow
- $3,616
3-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 3× units | 2 | 1 | $9,573 |
| #1 | 2 | 1 | $3,191 |
| #2 | 2 | 1 | $3,191 |
| #3 | 2 | 1 | $3,191 |
| Total (3 units) | $9,573 | ||
Break-even live
Sensitivity live
| Price | -10% $3,898 | -5% $3,757 | +0% $3,616 | +5% $3,475 | +10% $3,333 |
|---|---|---|---|---|---|
| Rent | -10% $2,860 | -5% $3,238 | +0% $3,616 | +5% $3,994 | +10% $4,372 |
| Rate | -1.0pp $3,867 | -0.5pp $3,743 | base $3,616 | +0.5pp $3,487 | +1.0pp $3,355 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $124,750
- Closing costs
- $14,970
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 30 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 90 SW 3rd St #12 Miami, FL | 3.0 | 3.5 | 2418 | $18,000 | $7.44 | 53d | 1 | 0.98mi |
| 92 SW 3rd St Unit CU-5204 Miami, FL | 3.0 | 3.5 | 2289 | $18,500 | $8.08 | 9d | 1 | 0.99mi |
| 92 SW 3rd St #5204 Miami, FL | 3.0 | 3.5 | 2289 | $18,500 | $8.08 | 11d | 1 | 0.99mi |
| 1000 Brickell Plz #5908 Miami, FL | 3.0 | 3.5 | 2025 | $17,000 | $8.40 | 3d | 1 | 1.20mi |
| 1000 Brickell Plz #5304 Miami, FL | 3.0 | 4.5 | 2418 | $18,000 | $7.44 | 16d | 1 | 1.20mi |
| 1000 Brickell Plz Miami, FL | 3.0–6.0 | 3.5–5.5 | 3486 | $22,000 | $6.31 | 73d | 2 | 1.21mi |
| 1000 Brickell Plz Miami, FL | 3.0–6.0 | 3.5–5.5 | 3692 | $19,800 | $5.36 | 60d | 2 | 1.21mi |
| 1000 Brickell Plz Miami, FL | 3.0–6.0 | 4.5–5.5 | 3795 | $18,000 | $4.74 | 52d | 2 | 1.21mi |
| 1000 Brickell Plz Miami, FL | 3.0–6.0 | 3.5–5.5 | 3599 | $17,000 | $4.72 | 39d | 3 | 1.21mi |
| 1000 Brickell Plz Miami, FL | 3.0–6.0 | 3.5–5.5 | 3486 | $22,000 | $6.31 | 35d | 2 | 1.21mi |
| 77 SE 5th St Unit UPH03 Miami, FL | 3.0 | 3.0 | 1755 | $17,500 | $9.97 | 39d | 1 | 1.24mi |
| 481 Brickell Ave Unit 1520375P Miami, FL | 1.0 | 1.0 | — | $19,125 | — | 73d | 1 | 1.32mi |
| 200 Biscayne Boulevard Way #5001 Miami, FL | 3.0 | 3.5 | 2457 | $20,000 | $8.14 | 73d | 1 | 1.37mi |
| 601 NE 1st Ave Unit 1227496P Miami, FL | 3.0 | 1.0–3.0 | 904 | $13,372 | $14.79 | 34d | 4 | 1.41mi |
| 300 Biscayne Boulevard Way Unit 5207 Miami, FL | 3.0 | 3.5 | 1859 | $21,000 | $11.30 | 13d | 1 | 1.42mi |
| 159 NE 6th St Unit 1032222P Miami, FL | 3.0 | 1.0–3.0 | 796 | $16,936 | $21.28 | 3d | 4 | 1.42mi |
| 300 Biscayne Boulevard Way #3604 Miami, FL | 3.0 | 5.5 | 3536 | $37,000 | $10.46 | 71d | 1 | 1.44mi |
| 300 Biscayne Boulevard Way #2306 Miami, FL | 2.0 | 2.5 | 1600 | $17,500 | $10.94 | 39d | 1 | 1.46mi |
| 300 Biscayne Boulevard Way Unit 3203 Miami, FL | 3.0 | 4.5 | 3078 | $29,000 | $9.42 | 48d | 1 | 1.46mi |
| 300 Biscayne Boulevard Way Unit 1902E Miami, FL | 3.0 | 3.5 | 2220 | $18,000 | $8.11 | 52d | 1 | 1.46mi |
| 300 Biscayne Boulevard Way Unit 1902E Miami, FL | 3.0 | 3.5 | 2220 | $18,000 | $8.11 | 32d | 1 | 1.46mi |
| 300 Biscayne Boulevard Way Unit 2802E Miami, FL | 3.0 | 3.5 | 2220 | $21,000 | $9.46 | 73d | 1 | 1.46mi |
| 300 Biscayne Boulevard Way Unit 3203 Miami, FL | 3.0 | 4.5 | 3078 | $32,000 | $10.40 | 73d | 1 | 1.46mi |
| 300 Biscayne Boulevard Way Unit 4007W Miami, FL | 3.0 | 3.0 | 2126 | $19,000 | $8.94 | 73d | 1 | 1.46mi |
| 300 Biscayne Boulevard Way Unit 4502E Miami, FL | 3.0 | 3.5 | 2220 | $25,000 | $11.26 | 70d | 1 | 1.46mi |
| 300 Biscayne Boulevard Way #4404 Miami, FL | 3.0 | 5.5 | 3536 | $34,000 | $9.62 | 73d | 1 | 1.46mi |
| 300 Biscayne Boulevard Way Unit 1802 Miami, FL | 3.0 | 3.5 | 2422 | $17,500 | $7.23 | 39d | 1 | 1.46mi |
| 300 Biscayne Boulevard Way Unit 4007W Miami, FL | 3.0 | 2.5 | 1957 | $21,000 | $10.73 | 48d | 1 | 1.46mi |
| 300 Biscayne Boulevard Way Unit 3109W Miami, FL | 2.0 | 2.5 | 1437 | $20,000 | $13.92 | 15d | 1 | 1.46mi |
| 20 NE 11th St Unit 1701 Miami, FL | 3.0 | 3.5 | 3000 | $22,000 | $7.33 | 0d | 1 | 1.48mi |
Property features AI
Finance
- Financial info
- One unit currently shows a disclosed rent of $900One unit is occupied month-to-month
Exterior
- Parking
- On-street parking
- Utilities
- Public waterPublic sewerCable service not available
- Home design
- Single-story buildingResale propertyShingle roof
- Construction
- Shingle roof
- Exterior features
- Lot smaller than a quarter acre
Interior
- Kitchen
- Range in at least one unitRefrigerator in at least one unit
- Bedrooms
- One 1-bedroom unitTwo 3-bedroom unitsOne 2-bedroom unit
- Bathrooms
- All units have one full bathroom
- Heating & cooling
- Wall/window cooling units
- Interior features
- On-street parking availableUnit mix includes one 1-bed/1-bath, two 3-bed/1-bath units, and one 2-bed/1-bath unitSome units are unfurnishedOne unit is rented month-to-month
- Laundry & utility
- No laundry details provided
Listing history 50 events
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2026-08-08days on market $499,000 Active 111 DOM
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2026-08-06days on market $499,000 Active 109 DOM
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2026-08-05days on market $499,000 Active 108 DOM
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2026-08-04days on market $499,000 Active 107 DOM
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2026-08-03days on market $499,000 Active 106 DOM
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2026-07-31days on market $499,000 Active 103 DOM
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2026-07-28days on market $499,000 Active 100 DOM
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2026-07-24days on market $499,000 Active 96 DOM
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2026-07-23days on market $499,000 Active 95 DOM
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2026-07-22days on market $499,000 Active 94 DOM
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2026-07-21days on market $499,000 Active 93 DOM
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2026-07-20days on market $499,000 Active 92 DOM
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2026-07-18days on market $499,000 Active 90 DOM
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2026-07-16days on market $499,000 Active 88 DOM
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2026-07-15pricedays on market $499,000 Active 87 DOM
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2026-07-13days on market $998,000 Active 85 DOM
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2026-07-13days on market $998,000 Active 84 DOM
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2026-07-11days on market $998,000 Active 83 DOM
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2026-07-10days on market $998,000 Active 82 DOM
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2026-07-09pricedays on market $998,000 Active 81 DOM
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2026-07-07days on market $1,100,000 Active 79 DOM
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2026-07-06days on market $1,100,000 Active 78 DOM
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2026-07-06days on market $1,100,000 Active 77 DOM
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2026-07-05days on market $1,100,000 Active 76 DOM
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2026-07-03days on market $1,100,000 Active 75 DOM
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2026-07-02days on market $1,100,000 Active 74 DOM
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2026-07-01days on market $1,100,000 Active 73 DOM
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2026-06-30days on market $1,100,000 Active 72 DOM
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2026-06-29days on market $1,100,000 Active 71 DOM
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2026-06-28days on market $1,100,000 Active 70 DOM
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2026-06-27days on market $1,100,000 Active 69 DOM
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2026-06-26days on market $1,100,000 Active 68 DOM
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2026-06-24days on market $1,100,000 Active 66 DOM
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2026-06-22days on market $1,100,000 Active 64 DOM
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2026-06-21pricedays on market $1,100,000 Active 63 DOM
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2026-06-18days on market $1,260,000 Active 60 DOM
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2026-06-17days on market $1,260,000 Active 59 DOM
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2026-06-16days on market $1,260,000 Active 58 DOM
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2026-06-15remarks 689-char remark
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2026-06-15pricedays on market $1,260,000 Active 57 DOM
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2026-06-13days on market $630,000 Active 55 DOM
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2026-06-10remarks 687-char remark
Show marketing remark (912 chars)
Opportunity in the Heart of Miami to acquire two adjoining multi-family properties 311 & 315 SW 10 Avenue each lot is 5,000 sq ft, combined 10,000 sq ft 100 X 100. Property consists of 2 folios 01-4102-002-0500 and 01-4102-002-0510 Property Zoned T-4. Rebuild in one of Miami's rapidly transforming neighborhoods! Located just minutes from Marlins Stadium and vibrant Little Havana, this property sits within an Opportunity Zone, making it especially attractive for savvy investors looking to capitalize on tax advantages and long-term growth. The surrounding area is experiencing significant revitalization, with new construction and renovations happening throughout—positioning this property perfectly for future appreciation. Cash or hard money loan only. No access to buildings or property until terms and conditions are agreed upon in a fully executed contract. Please do NOT walk the property.
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2026-06-09days on market $630,000 Active 51 DOM
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2026-06-08days on market $630,000 Active 50 DOM
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2026-06-07days on market $630,000 Active 49 DOM
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2026-06-04days on market $630,000 Active 46 DOM
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2026-06-03days on market $630,000 Active 45 DOM
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2026-06-02days on market $630,000 Active 44 DOM
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2026-06-01days on market $630,000 Active 43 DOM
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2026-05-31days on market $630,000 Active 42 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast FL · Resets to sale price
- Current annual tax
- $8,345 · $695/mo
- Projected year-2 tax
- $8,345 · $695/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 8/10 Severe FEMA zone AE · 99% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥103°F today · 31 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $114,876
- − Mortgage interest
- −$27,952
- − Property taxes
- −$8,345
- − Insurance
- −$7,614
- − Repairs & maintenance
- −$9,190
- − Management
- −$9,190
- − Depreciation
- −$14,516
- Taxable income
- $38,069
- Est. tax owed @ 24.0%
- −$9,137
- After-tax cash flow
- $34,255/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 2 photos
This multi-family property requires extensive repairs and updates to its roof, exterior, interior, and HVAC system, significantly impacting its current condition and value. Significant investments are needed to bring it up to market standards.
Deferred maintenance Est. $40,000–$120,000 screening
- Major Roof (roof) — The roof appears to be in poor condition with visible damage and missing shingles.
- Major Windows (windows) — The windows appear to be old and possibly in need of replacement.
- Major Electrical (electrical) — The electrical panel looks outdated and may need to be replaced.
- Major Plumbing (plumbing) — The exterior of the house shows signs of water damage, indicating potential plumbing issues.
Repairs flagged
- Major roof — Significant wear and possible leaks
- Major exterior siding — Exposed and peeling
- Major interior walls — Significant paint wear
- Major windows — Visible damage and possible rot
- Major HVAC system — Likely outdated and in need of replacement
Value-add opportunities
- Resale Roof replacement — Fixes major issue and improves curb appeal ↑
- Resale Exterior siding repair and painting — Enhances curb appeal and property value ↑
- Both HVAC system replacement — Improves comfort and energy efficiency ↑
- Both Landscaping and curb appeal improvements — Enhances property's visual appeal and marketability ↑
ⓘ Rehab cost is a screening estimate — Extensive scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Miami-Dade
- NCES district ID
- 1200390
- Math proficiency
- 45% ▼ -16.00%
- Reading proficiency
- 54% ▼ -5.00%
- Median HH income
- $43,928
- Composite
- 41.76/100
- National rank
- #3397
- State rank
- #40 of 73 in FL
Livability — Miami
- Score
- 78/100
- State rank
- #177
- US rank
- #2724
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Miami, FL
- County
- Miami-Dade County · 3,126,439 people
- City population
- 827,308
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 34,964
- Household income
- $61,009
- Rent vs Own
- Severe rent burden
- 13% of renters
Population outlook (Miami-Dade County) Hauer SSP2
- Today (2025)
- 3,126,439 people
- By 2030
- 3,325,765 · +6.4%
- By 2040
- 3,697,561 · +18.3%
- By 2050
- 4,012,134 · +28.3%
- By 2075
- 4,605,612 · +47.3%
- By 2100
- 4,866,598 · +55.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Hispanic (73%)
- Race & ethnicity
- Hispanic / Latino 73% Two or more races 44% White 17% Black 4% Asian 3%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 3% Cuban 24% Dominican 4%
- Common ancestry
- Romanian 2% Estonian 1% Lithuanian 1%
- Foreign-born
- 60% · Canada, Jamaica, Guatemala
- Languages at home
- 23% English-only · Spanish 70% Other Indo-European 2% Russian/Polish/Slavic 1%
Political lean MEDSL · Miami-Dade
- 2024 margin
- R (+11.4) · D 43.9% · R 55.4%
- 2008→2024 swing
- -27.6pp toward R · 2008: 16.1pp · 2024: -11.4pp
- All cycles
- 2024: R+11.4 2020: D+7.3 2016: D+29.6 2012: D+23.7 2008: D+16.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -1.79%
- Current HPI
- 344.7752
- Rent YoY
- ▼ -0.53%
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+1057.9% since first listed9 events — show timeline
- 2026-06-19 Price Changed $1,100,000 MARMLS
- 2026-06-19 Price Changed $1,100,000 MARMLS
- 2026-06-13 Price Changed $1,260,000 MARMLS
- 2026-06-10 Listed $1,260,000 MARMLS
- 2026-05-04 Relisted — MARMLS
- 2026-04-28 Contingent — MARMLS
- 2026-04-17 Listed $630,000 MARMLS
- 1990-02-09 Sold (Public Records) $95,000 Public Records
- 1988-03-01 Sold (Public Records) $95,000 Public Records
Property tax history
+12.0%/yrLatest (2025): $8,345 · +10.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…