FOR_SALEExcellent Deal351 days on market

1840 S Bayshore Ln

1840 S Bayshore Ln, Miami, FL 33133, Miami, FL 33133
$16,900,000

Listing Price

Property image 1
1840 S Bayshore Ln, Miami, FL 33133
Loc: Miami, FL
Days Listed
351
Tax Assessed
$9743k
Lot Size
0.27 acres
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.

10

Coconut Grove Elementary School

PK-5
1.4 mi away
6

Ponce De Leon Middle School

6-8
3.4 mi away
5

Coral Gables Senior High School

PK,9-12
2.6 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
7.94%
Total ROI
29.4%
Cash Flow
$26,381/mo
DSCR
1.31
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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
2026-07-15Price change$16,900,000$1,314
2026-06-09Price change$17,900,000$1,392
2026-03-23Listed for sale$18,900,000$1,469
2026-02-16Pending sale$18,900,000$1,469
2026-01-22Price change$18,900,000$1,469
2026-01-07Price change$22,500,000$1,749
2025-09-03Listed for sale$24,000,000$1,866
2021-09-14Sold$10,000,000$777
2021-07-01Pending sale$10,950,000$851
2021-03-13Listed for sale$10,950,000$851
2021-02-11Listing removed$0
2020-10-01Listing removed$30,000$2
2020-09-01Listed for sale$8,250,000$641
2020-07-29Listing removed$8,250,000$641
2020-07-29Listed for rent$30,000$2
2019-08-19Listed for sale$8,250,000$641
2019-07-01Listing removed$8,500,000$661
2018-12-26Price change$8,500,000$661
2018-11-14Listed for sale$9,500,000$739
2016-06-17Sold$5,936,000$461
2016-03-18Price change$5,600,000$435
2015-08-15Price change$7,900,000$614
2015-05-22Price change$8,250,000$641
2015-02-20Listed for sale$8,900,000$692
2000-12-01Sold$750,000$58
1993-09-08Sold$750,000$58

Tax History

YearProperty TaxTax Assessment
2025$176,188.6$8,647,844
2024$171,705.33$8,404,125
2023$171,996.94$8,159,345
2022$166,211.9$7,921,695
2021$96,939.19$4,425,867
2020$111,345.28$5,091,568
2019$112,140.86$5,117,317
2018$110,628.11$5,143,065
2017$110,628.11$4,891,502
2016$106,463.52$4,639,936
2015$70,378.18$3,106,803
2014$71,183.75$3,082,146
2013$68,802.5$3,036,598
2012$68,802.5$2,985,839
2011$67,144.5$2,898,873
2010$69,939.8$2,856,033
2002$15,303.7$0
2001$18,735.7$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
7
Sq Ft
12,863
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: $16,900,000Rent Basis: Modeled Estimate ($135,200/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $8,450/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.23%

NOI: $1,052,366/yr

Cash-on-Cash Yield
0.0%

On $3,887,000 invested

DSCR Ratio
1.00x

Tight qualification

5-Yr Leveraged ROI
+94.2%

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)-$7,957/mo
Homeowner / Hazard Insurance-$8,450/mo
Vacancy Reserve (5% of rent)-$6,760/mo
Repairs & Maintenance (10% of rent)-$13,520/mo
Property Management (8% of rent)-$10,816/mo
Total Pure Operating Expenses-$47,503/mo
Net Investor Cash Flow
Gross Scheduled Rent+$135,200/mo
Less: Operating Expenses-$47,503/mo
Net Operating Income (NOI)+$87,697/mo
Less: Debt Service (30yr @ 6.75%)-$87,690/mo
Net Cash Flow
$7/mo
$81/year
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