FOR_SALEExcellent Deal433 days on market

3100 N Bay Rd

3100 N Bay Rd, Miami Beach, FL 33140, Miami Beach, FL 33140
$100,000,000

Listing Price

Property image 1
3100 N Bay Rd, Miami Beach, FL 33140
Loc: Miami Beach, FL
Days Listed
433
Tax Assessed
$12301k
Lot Size
0.47 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

North Beach Elementary School

PK-5
0.6 mi away
5

Nautilus Middle School

6-8
0.5 mi away
5

Miami Beach Senior High School

9-12
0.7 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
8.49%
Total ROI
32.1%
Cash Flow
$201,944/mo
DSCR
1.40
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
2026-02-20Price change$100,000,000$9,756
2026-01-14Price change$85,000,000$8,293
2025-06-16Listed for sale$75,000,000$7,317
2023-08-11Sold$13,600,000$1,327
2023-07-20Pending sale$14,500,000$1,415
2023-03-28Price change$14,500,000$1,415
2021-09-13Listed for sale$16,500,000$1,610
2001-03-30Sold$1,400,000$137

Tax History

YearProperty TaxTax Assessment
2025$229,283.2$12,178,416
2024$208,131.05$11,075,925
2023$156,399.34$7,189,427
2022$130,432.08$6,535,843
2021$118,380.76$5,941,676
2020$110,670.33$5,401,524
2019$104,783.41$4,910,477
2018$94,002.83$4,464,070
2017$94,002.83$4,058,246
2016$90,569.39$3,689,315
2015$82,153.38$3,353,923
2014$78,397.18$3,049,021
2001$15,384.6$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
7
Baths
10
Sq Ft
10,250
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: $100,000,000Rent Basis: Modeled Estimate ($800,000/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $50,000/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.67%

NOI: $6,671,448/yr

Cash-on-Cash Yield
1.9%

On $23,000,000 invested

DSCR Ratio
1.07x

Tight qualification

5-Yr Leveraged ROI
+103.9%

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)-$10,046/mo
Homeowner / Hazard Insurance-$50,000/mo
Vacancy Reserve (5% of rent)-$40,000/mo
Repairs & Maintenance (10% of rent)-$80,000/mo
Property Management (8% of rent)-$64,000/mo
Total Pure Operating Expenses-$244,046/mo
Net Investor Cash Flow
Gross Scheduled Rent+$800,000/mo
Less: Operating Expenses-$244,046/mo
Net Operating Income (NOI)+$555,954/mo
Less: Debt Service (30yr @ 6.75%)-$518,878/mo
Net Cash Flow
$37,075/mo
$444,906/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Miami Beach.