FOR_SALERisky Deal21 days on market

2401 SW 83rd Ave

2401 SW 83rd Ave, Miami, FL 33155, Miami, FL 33155
$740,000
Zestimate®:$753,600$13,600 Under Market

Listing Price

Property image 1
2401 SW 83rd Ave, Miami, FL 33155
Loc: Miami, FL
Days Listed
21
Tax Assessed
$625k
Zestimate®
$754k
2% Under Valued
Lot Size
9,371 sqft
Rent Estimate
$3,956/mo
Est. Cash Flow base
Type
single 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.

9

Banyan Elementary School

PK-5
0.5 mi away
6

Rockway Middle School

6-8
1.1 mi away
5

Southwest Miami Senior High School

9-12
1.8 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
3.51%
Total ROI
35.2%
Cash Flow
$-1,674/mo
DSCR
0.56
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-13Price change$778,900$708
2026-08-31Price change$800,000$727
2026-07-30Listed for sale$740,000$673
2026-06-04Listing removed$770,000$700
2026-03-18Price change$770,000$700
2026-03-02Listed for sale$800,000$727
2024-08-25Listing removed$0
2024-08-05Listed for rent$5,500$5
2024-08-05Listing removed$0
2024-07-29Listed for sale$820,000$745
2023-07-10Sold$670,000$609
2021-03-26Sold$360,000$327
2021-02-09Contingent$439,900$400
2021-01-28Listed for sale$439,900$400
2020-08-12Sold$280,000$255
2020-07-20Pending sale$326,000$296
2020-07-06Listed for sale$326,000$296

Tax History

YearProperty TaxTax Assessment
2025$10,891.27$580,696
2024$9,707.07$527,906
2023$5,768.04$342,645
2022$5,357.1$320,191
2021$5,452.84$279,185
2020$5,263.16$267,627
2019$5,016.2$252,950
2018$4,719.25$243,369
2017$4,719.25$222,153
2016$4,403.94$168,148
2015$3,517.35$152,862
2014$3,173.46$138,966
2013$2,892.01$126,333
2012$2,892.01$129,950
2011$2,950.07$130,975
2010$3,166.34$130,980
2009$3,818.58$176,482
2007$5,820.24$287,187
2006$4,410.36$0
2005$4,410.36$0
2004$3,943.63$0
2003$2,933.6$0
2002$2,564.1$0
2001$2,564.1$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,100
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: $740,000Rent Basis: Observed Comp Model ($3,956/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $370/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.51%

NOI: $25,988/yr

Cash-on-Cash Yield
-11.8%

On $170,200 invested

DSCR Ratio
0.56x

Negative debt coverage

5-Yr Leveraged ROI
+35.2%

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)-$510/mo
Homeowner / Hazard Insurance-$370/mo
Vacancy Reserve (5% of rent)-$198/mo
Repairs & Maintenance (10% of rent)-$396/mo
Property Management (8% of rent)-$316/mo
Total Pure Operating Expenses-$1,790/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,956/mo
Less: Operating Expenses-$1,790/mo
Net Operating Income (NOI)+$2,166/mo
Less: Debt Service (30yr @ 6.75%)-$3,840/mo
Net Cash Flow
$-1,674/mo
$-20,089/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Miami.