1745 NW 49th St
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Nearby Schools
Educational options and performance ratings in the area.
Kelsey L. Pharr Elementary School
Georgia Jones Ayers Middle School
Miami Northwestern Senior High School
Miami, FL Investment Analysis (2026)
Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
At $350,000, this property offers an accessible entry point into the Miami market, but the financials require a cautious approach. The gross yield of 7.79% is attractive on paper, yet the 908 square foot footprint for a 3-bedroom layout suggests significant functional obsolescence and likely cramped living conditions, which may increase tenant turnover. Conservative estimates must account for Florida's escalating insurance premiums and high property taxes, which will aggressively compress the net cap rate. While the 4% appreciation is steady, the location in NW Miami carries higher credit risk and maintenance volatility, making this a management-intensive play rather than a passive 'core' investment.
- • Competitive entry-level price point for the Miami metropolitan area
- • Strong demand for affordable 3-bedroom rentals in the local workforce
- • Positive 4% projected appreciation helps hedge against inflation
- • Gross yield exceeds current treasury rates, offering a baseline risk premium
- • High insurance costs due to Florida's climate and litigation environment
- • Small square footage (908 sqft) for a 3/2 indicates poor functional utility
- • Property tax reassessments at the sale price will likely diminish cash flow
- • Neighborhood-specific credit risks and potential for higher-than-average vacancy rates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-08 | Sold | $365,000 | $402 |
| 2026-01-23 | Price change | $350,000 | $385 |
| 2025-10-27 | Listed for sale | $449,999 | $496 |
| 2025-08-01 | Pending sale | $449,999 | $496 |
| 2025-07-15 | Listed for sale | $449,999 | $496 |
| 2025-07-14 | Listing removed | $449,999 | $496 |
| 2025-01-22 | Price change | $449,999 | $496 |
| 2024-12-09 | Listed for sale | $464,900 | $512 |
| 2024-11-26 | Listing removed | $464,900 | $512 |
| 2024-11-26 | Price change | $464,900 | $512 |
| 2024-10-12 | Listed for sale | $475,000 | $523 |
| 2023-10-12 | Listing removed | $0 | – |
| 2023-09-10 | Price change | $2,950 | $3 |
| 2023-09-05 | Price change | $3,250 | $4 |
| 2023-09-02 | Listed for rent | $3,550 | $4 |
| 2023-08-21 | Sold | $430,000 | $474 |
| 2023-07-13 | Pending sale | $425,000 | $468 |
| 2023-07-04 | Listed for sale | $425,000 | $468 |
| 2022-04-21 | Sold | $365,000 | $402 |
| 2022-04-04 | Listing removed | $0 | – |
| 2022-04-02 | Pending sale | $349,900 | $385 |
| 2022-03-31 | Listed for rent | $2,560 | $3 |
| 2022-03-16 | Listed for sale | $349,900 | $385 |
| 2021-11-05 | Sold | $164,900 | $182 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,473.22 | $354,878 |
| 2024 | $7,268.67 | $343,864 |
| 2023 | $5,270.13 | $279,742 |
| 2022 | $5,131.74 | $230,496 |
| 2021 | $2,462.41 | $139,765 |
| 2020 | $2,428.98 | $137,836 |
| 2019 | $591.77 | $34,921 |
| 2018 | $574.15 | $34,270 |
| 2017 | $574.15 | $33,566 |
| 2016 | $561.46 | $32,876 |
| 2015 | $550.04 | $32,648 |
| 2014 | $547.57 | $32,389 |
| 2013 | $524.11 | $31,911 |
| 2012 | $524.11 | $31,378 |
| 2011 | $522.17 | $31,250 |
| 2010 | $520.13 | $30,789 |
| 2009 | $479.5 | $29,980 |
| 2007 | $415.37 | $4,079 |
| 2006 | $435.81 | $0 |
| 2005 | $435.81 | $0 |
| 2004 | $431.7 | $0 |
| 2003 | $402.83 | $0 |
| 2002 | $386 | $0 |
| 2001 | $386 | $0 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $22,253/yr
On $80,500 invested
Tight qualification
Equity + cumulative cash
Monthly Cash Flow Breakdown
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