OFF_MARKETRisky Deal9 days on market

7807 NW 3rd Ave

7807 NW 3rd Ave, Miami, FL 33150, Miami, FL 33150
$615,000
Zestimate®:$590,100

Listing Price

Property image 1
7807 NW 3rd Ave, Miami, FL 33150
Loc: Miami, FL
Days Listed
9
Tax Assessed
$370k
Zestimate®
$590k
Market Rate
Rent Estimate
$2,822/mo
Est. Cash Flow base
Type
multi family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Jesse J. Mccrary, Jr. Elementary School

PK-5
0.2 mi away
5

Horace Mann Middle School

6-8
0.7 mi away
3

Miami Edison Senior High School

9-12
1 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.26%
Total ROI
6.0%
Cash Flow
$-1,438/mo
DSCR
0.54
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-21Listed for rent$2,600$2
2026-05-19Sold$600,000$364
2026-03-26Pending sale$615,000$373
2026-03-10Listed for sale$615,000$373
2025-11-25Sold$400,000$242
2025-11-06Pending sale$480,000$291
2025-10-11Price change$480,000$291
2025-09-20Price change$550,000$333
2025-09-18Listed for sale$480,000$291
2022-12-14Listing removed$0
2022-09-01Listing removed$550,000$333
2022-07-29Price change$595,000$361
2022-07-27Price change$610,000$370
2022-07-13Price change$625,000$379
2022-06-28Price change$650,000$394
2022-06-13Listed for sale$695,000$421

Tax History

YearProperty TaxTax Assessment
2025$4,044.19$168,841
2024$3,896$156,897
2023$3,522.04$145,893
2022$3,248.78$135,794
2021$3,025.37$126,522
2020$2,503.25$118,742
2019$2,369.6$111,205
2018$2,076.33$104,459
2017$2,076.33$98,175
2016$1,955.39$95,781
2015$1,957.24$94,946
2014$1,898.44$89,925
2013$2,048.87$85,037
2012$2,048.87$98,197
2011$2,143.01$102,004
2010$2,215.02$101,586
2009$2,720.85$127,895
2007$3,083.4$109,835
2006$2,887.11$0
2005$2,887.11$0
2004$2,482.27$0
2003$2,163.67$0
2002$2,279.96$0
2001$2,279.96$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
1,650
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $615,000Rent Basis: Observed Comp Model ($2,822/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $308/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.05%

NOI: $18,756/yr

Cash-on-Cash Yield
-13.8%

On $141,450 invested

DSCR Ratio
0.49x

Negative debt coverage

5-Yr Leveraged ROI
+25.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$302/mo
Homeowner / Hazard Insurance-$308/mo
Vacancy Reserve (5% of rent)-$141/mo
Repairs & Maintenance (10% of rent)-$282/mo
Property Management (8% of rent)-$226/mo
Total Pure Operating Expenses-$1,259/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,822/mo
Less: Operating Expenses-$1,259/mo
Net Operating Income (NOI)+$1,563/mo
Less: Debt Service (30yr @ 6.75%)-$3,191/mo
Net Cash Flow
$-1,628/mo
$-19,537/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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