OFF_MARKETRisky Deal142 days on market

307 Biscayne Boulevard Way #1401

307 Biscayne Boulevard Way #1401, Miami, FL 33131, Miami, FL 33131
$6,748,900

Listing Price

Property image 1
307 Biscayne Boulevard Way #1401, Miami, FL 33131
Loc: Miami, FL
Days Listed
142
Rent Estimate
$35,046/mo
Est. Cash Flow base
Type
apartment

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.

5

Frederick R. Douglass Elementary School

PK-5
1.2 mi away
3

Jose De Diego Middle School

6-8
2.6 mi away
4

Booker T. Washington Senior High School

9-12
1.4 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
4.39%
Total ROI
11.6%
Cash Flow
$-9,434/mo
DSCR
0.72
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2025-09-30Listed for sale$6,748,900$1,551
2025-07-30Listing removed$6,748,900$1,551
2023-12-02Listed for sale$6,748,900$1,551
2023-11-23Listing removed$6,748,900$1,551
2023-10-21Listed for sale$6,748,900$1,551
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
5
Sq Ft
4,350
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: $6,748,900Rent Basis: Observed Comp Model ($35,046/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $3,374/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.22%

NOI: $217,198/yr

Cash-on-Cash Yield
-13.1%

On $1,552,247 invested

DSCR Ratio
0.52x

Negative debt coverage

5-Yr Leveraged ROI
+28.8%

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)-$5,512/mo
Homeowner / Hazard Insurance-$3,374/mo
Vacancy Reserve (5% of rent)-$1,752/mo
Repairs & Maintenance (10% of rent)-$3,505/mo
Property Management (8% of rent)-$2,804/mo
Total Pure Operating Expenses-$16,946/mo
Net Investor Cash Flow
Gross Scheduled Rent+$35,046/mo
Less: Operating Expenses-$16,946/mo
Net Operating Income (NOI)+$18,100/mo
Less: Debt Service (30yr @ 6.75%)-$35,019/mo
Net Cash Flow
$-16,919/mo
$-203,025/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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