OFF_MARKETRisky Deal142 days on market

1447 Biscayne Blvd #1501

1447 Biscayne Blvd #1501, Miami, FL 33132, Miami, FL 33132
$2,330,900

Listing Price

Property image 1
1447 Biscayne Blvd #1501, Miami, FL 33132
Loc: Miami, FL
Days Listed
142
Rent Estimate
$6,336/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.

2

Phyllis Wheatley Elementary School

PK-5
0.6 mi away
3

Jose De Diego Middle School

6-8
1.5 mi away
4

Booker T. Washington 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
1.79%
Total ROI
-1.4%
Cash Flow
$-8,312/mo
DSCR
0.29
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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
2025-10-28Listed for sale$2,330,900$1,193
2025-10-28Listing removed$2,330,900$1,193
2023-12-02Listed for sale$2,330,900$1,193
2023-11-23Listing removed$2,330,900$1,193
2023-10-07Listed for sale$2,330,900$1,193
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
35
Sq Ft
1,953
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: $2,330,900Rent Basis: Observed Comp Model ($6,336/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $1,165/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
0.93%

NOI: $21,722/yr

Cash-on-Cash Yield
-23.0%

On $536,107 invested

DSCR Ratio
0.15x

Negative debt coverage

5-Yr Leveraged ROI
+-20.9%

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)-$1,904/mo
Homeowner / Hazard Insurance-$1,165/mo
Vacancy Reserve (5% of rent)-$317/mo
Repairs & Maintenance (10% of rent)-$634/mo
Property Management (8% of rent)-$507/mo
Total Pure Operating Expenses-$4,526/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,336/mo
Less: Operating Expenses-$4,526/mo
Net Operating Income (NOI)+$1,810/mo
Less: Debt Service (30yr @ 6.75%)-$12,095/mo
Net Cash Flow
$-10,284/mo
$-123,413/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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