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4419 NW 17th Ave Duplex
C Composite 55.92
Why this score? — see what drove the C 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 +22.4/30.0
  • ARV discount +7.5/15.0
  • DSCR +7.2/10.0
  • 1% rule +5.9/10.0
  • Schools +4.2/10.0
  • Livability +3.9/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • Appreciation +0.0/10.0

$459,900

4419 NW 17th Ave · Miami, FL 33142
8 bd · 6.0 ba · 1,652 sqft · MultiFamily · 97 Days on market
Built 1938

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

Key facts

  • Centrally located
  • Roof installed
  • T5-o potential

Tags

T5-O POTENTIALMULTIFAMILY COMMERCIAL SPACECENTRALLY LOCATEDFULLY OCCUPIEDEXCELLENT INCOME GENERATORROOF INSTALLED

Property features AI

Finance

  • Other: Zoning description code provided (6101)
  • Financial info: Total actual rent reported: $3,200; Individual unit rents reported: two efficiency units at $1,300 each, one efficiency unit at $1,300 (month-to-month), one 2-bedroom unit at $1,950; Some units are leased month-to-month; Rent may include electricity, water, sewer and trash for some units
  • HOA & community: Community laundry facilities

Exterior

  • Parking: Total of 1 parking space reported; Some units mention on-street or other parking
  • Security: No specific security features provided
  • Utilities: Cable available; Public water; Public sewer
  • Home design: Single-story building; Resale property
  • Construction: Block, frame and stucco construction; Flat and shingle roof
  • Exterior features: Fenced yard; Patio/porch

Interior

  • Kitchen: No specific kitchen appliance details provided
  • Bedrooms: Three 1-bedroom efficiency units; One 2-bedroom unit (includes patio/porch)
  • Flooring: Tile
  • Bathrooms: Four full bathrooms (each unit has 1 full bath)
  • Heating & cooling: Central heating (electric); Central air; Wall/window air conditioning units; Zoned cooling
  • Interior features: Blinds; Tile flooring
  • Laundry & utility: On-site laundry facilities (community); Utilities for some units include electricity, water, sewer and trash

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2 × 4-bed/?-bath units multifamily listed at $460k.

Deal economics

  • At list price, monthly cash flow is $767 ($9k/yr) — positive. Per door: $383/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($5k rent vs $460k).
  • Recommended offer: $419k (9.0% below list) — sets the bar for market timing.
  • Cap rate 8.3% vs local median 1.9% in Miami — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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.
  • Market conditions: Rents soft (-0.4%/yr); 265 active listings in the ZIP; lower-income renter base — watch delinquency; 10,051 units permitted in Miami-Dade County in 2024 (7,758 in 5+ unit buildings).
  • At $4,994/mo this rent would consume 151% of the median local household income ($40k/yr) (locally 5748% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $14k 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.

Negotiation context

  • It's been on market 97 days — a 9% lower offer ($419k) is reasonable based on typical stale-listing flexibility.
  • 18 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $375k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1938 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $418,509 (9.0% below list)

Questions for the listing agent

  1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  4. Built in 1938 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
1.09%
Cap rate
8.29%
Cash-on-cash
7.15%
DSCR
1.32
GRM
7.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-8.8%
Equity multiple
0.69×
Total profit
$-40,233
Equity at exit
$68,573
10-year hold
IRR
-3.8%
Equity multiple
0.78×
Total profit
$-28,386
Equity at exit
$39,764

Cash invested: $128,772 (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
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33142

Home prices YoY
-15.1%
Rents YoY
-0.4%
Active inventory
265
Price-to-rent
15.3×

Monthly cashflow live

Estimated rent
$4,994 medium interval (Pro) →
Mortgage (P&I)
$2,412
Tax est. 1.5%
$575 /mo · $6,898/yr
Insurance
$192
HOA
$0
Vacancy / Maint / Mgmt
$1,049
Net cashflow
$767

Break-even live

Break-even rent $4,023
Max offer price $459,900
Occupancy floor 80%

2-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (2 units) $4,994

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
$114,975
Closing costs
$13,797
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 50 events

  1. 2026-06-18
    days on market $459,900 Active 97 DOM
  2. 2026-06-17
    days on market $459,900 Active 96 DOM
  3. 2026-06-16
    days on market $459,900 Active 95 DOM
  4. 2026-06-15
    days on market $459,900 Active 94 DOM
  5. 2026-06-13
    days on market $459,900 Active 92 DOM
  6. 2026-06-07
    days on market $459,900 Active 89 DOM
  7. 2026-06-04
    days on market $459,900 Active 86 DOM
  8. 2026-06-03
    days on market $459,900 Active 85 DOM
  9. 2026-06-02
    days on market $459,900 Active 84 DOM
  10. 2026-06-01
    days on market $459,900 Active 83 DOM
  11. 2026-05-31
    days on market $459,900 Active 82 DOM
  12. 2026-03-10
    listed $459,900 Active
  13. 2025-01-30
    soldstatus $375,000 Closed 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  14. 2025-01-30
    historical
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  15. 2025-01-16
    price $397,000
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  16. 2025-01-16
    price $397,000 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  17. 2024-11-22
    price $405,000 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  18. 2024-11-22
    price $405,000
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  19. 2024-08-22
    price $465,000 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  20. 2024-08-22
    price $465,000
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  21. 2024-05-02
    status Active 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  22. 2024-05-02
    price $530,000 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  23. 2024-05-02
    listed $530,000 Active
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  24. 2023-11-16
    status Pending 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  25. 2023-10-30
    status Active 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  26. 2023-10-23
    status Pending 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  27. 2023-10-03
    price $380,000 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  28. 2023-09-13
    status Active 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  29. 2023-09-12
    status Pending 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  30. 2023-09-05
    status Active 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  31. 2023-09-05
    price $410,000 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  32. 2023-08-24
    status Pending 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  33. 2023-08-22
    price $440,000 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  34. 2023-08-22
    price $450,000 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  35. 2023-08-14
    price $475,000 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  36. 2023-07-21
    price $495,000 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  37. 2023-07-05
    price $525,000 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  38. 2023-06-26
    listed $595,000 Active 430-char remark
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  39. 2023-06-26
    historical
    Show marketing remark (430 chars)

    CASH ONLY Excellent $$ Income Producer $$ with T5-O Zoning $3200 monthly Gross Income, a potential Multifamily / Commercial space mixed-use development opportunity in a desirable area. Current Zoning allows for 12 units, Currently occupied all 2 units are rented Comprised of ( One 2/1, 1 Studio apartments) Separate door between a 3rd studio, and Excellent income generators. YouTube tour videos are Available. Price Negotiable

  40. 2023-06-12
    status Active
  41. 2023-05-26
    historical Active Under Contract
  42. 2023-05-08
    price $480,000
  43. 2023-02-15
    listed $430,000 Active
  44. 2021-08-03
    status Active
  45. 2021-06-30
    historical
  46. 2021-06-30
    historical Active Under Contract
  47. 2021-06-04
    status Active
  48. 2021-05-17
    status Pending
  49. 2021-03-18
    listed $345,000 Active
  50. 2021-01-31
    historical

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$59,928
− Mortgage interest
−$25,762
− Property taxes
−$6,898
− Insurance
−$2,300
− Repairs & maintenance
−$4,794
− Management
−$4,794
− Depreciation
−$13,379
Taxable income
$2,001
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$480
After-tax cash flow
$8,724/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.

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

Amenities A+ Commute A+ Cost of living F Crime F Employment C- Housing B- Health & safety A+ User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Miami, FL
County
Miami-Dade County · 2,697,751 people
City population
827,308
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
58,908
Household income
$39,608
Rent vs Own
70.8% rent · 29.2% own
Severe rent burden
5748.0

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 (68%)
Race & ethnicity
Hispanic / Latino 68% Two or more races 36% Black 28% White 3%
Hispanic origin (detail)
Mexican 2% Puerto Rican 3% Cuban 24% Dominican 7%
Common ancestry
Hispanic 2%
Foreign-born
51% · Canada, Jamaica, Dominican Republic
Languages at home
34% English-only · Spanish 64% French/Haitian/Cajun 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
▼ -102.31%
Current HPI
574.9225
Rent YoY
▼ -0.41%
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

Price history

+405.9% since first listed
52 events — show timeline
  • 2026-03-10 Listed $459,900 MARMLS
  • 2025-01-30 Listing Removed MARMLS
  • 2025-01-30 Sold (MLS) $375,000 MARMLS
  • 2025-01-16 Price Changed $397,000 MARMLS
  • 2025-01-16 Price Changed $397,000 MARMLS
  • 2024-11-22 Price Changed $405,000 MARMLS
  • 2024-11-22 Price Changed $405,000 MARMLS
  • 2024-08-22 Price Changed $465,000 MARMLS
  • 2024-08-22 Price Changed $465,000 MARMLS
  • 2024-05-02 Relisted MARMLS
  • 2024-05-02 Price Changed $530,000 MARMLS
  • 2024-05-02 Listed $530,000 MARMLS
  • 2023-11-16 Pending MARMLS
  • 2023-10-30 Relisted MARMLS
  • 2023-10-23 Pending MARMLS
  • 2023-10-03 Price Changed $380,000 MARMLS
  • 2023-09-13 Relisted MARMLS
  • 2023-09-12 Pending MARMLS
  • 2023-09-05 Relisted MARMLS
  • 2023-09-05 Price Changed $410,000 MARMLS
  • 2023-08-24 Pending MARMLS
  • 2023-08-22 Price Changed $440,000 MARMLS
  • 2023-08-22 Price Changed $450,000 MARMLS
  • 2023-08-14 Price Changed $475,000 MARMLS
  • 2023-07-21 Price Changed $495,000 MARMLS
  • 2023-07-05 Price Changed $525,000 MARMLS
  • 2023-06-26 Listing Removed MARMLS
  • 2023-06-26 Listed $595,000 MARMLS
  • 2023-06-12 Relisted MARMLS
  • 2023-05-26 Contingent MARMLS
  • 2023-05-08 Price Changed $480,000 MARMLS
  • 2023-02-15 Listed $430,000 MARMLS
  • 2021-08-03 Relisted MARMLS
  • 2021-06-30 Listing Removed MARMLS
  • 2021-06-30 Contingent MARMLS
  • 2021-06-04 Relisted MARMLS
  • 2021-05-17 Pending MARMLS
  • 2021-03-18 Listed $345,000 MARMLS
  • 2021-01-31 Listing Removed MARMLS
  • 2020-12-31 Listing Removed MARMLS
  • 2020-10-28 Listed $299,000 MARMLS
  • 2020-10-28 Listed $299,000 MARMLS
  • 2020-03-13 Listing Removed MARMLS
  • 2020-03-13 Listing Removed MARMLS
  • 2019-05-20 Listed $385,000 MARMLS
  • 2019-05-20 Listed $385,000 MARMLS
  • 2015-05-14 Sold (MLS) $91,000 MARMLS
  • 2015-03-13 Pending MARMLS
  • 2015-02-26 Relisted MARMLS
  • 2015-02-23 Pending MARMLS
  • 2015-02-10 Price Changed $84,900 MARMLS
  • 2015-01-10 Listed $90,900 MARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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