FOR_SALEGood Deal0 days on market

811 JEFFERSON Avenue #102

811 JEFFERSON Avenue #102, Miami Beach, FL 33139, Miami Beach, FL 33139
$270,000
Zestimate®:$262,300

Listing Price

Property image 1
811 JEFFERSON Avenue #102, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
0
Tax Assessed
$153k
Zestimate®
$262k
Market Rate
Rent Estimate
$1,998/mo
Est. Cash Flow base
Type
condo

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

Fienberg/Fisher K-8 Center

PK-8
0.6 mi away
5

Miami Beach Senior High School

9-12
1.4 mi away
5

Nautilus Middle School

6-8
2.5 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
6.66%
Total ROI
22.9%
Cash Flow
$132/mo
DSCR
1.10
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-24Price change$270,000$578
2026-03-10Price change$280,000$600
2026-02-28Listing removed$1,800$4
2025-12-08Listed for rent$1,800$4
2025-11-05Listing removed$1,800$4
2025-07-02Price change$1,800$4
2025-06-21Listed for rent$1,900$4
2025-06-13Listing removed$1,900$4
2025-06-13Listed for sale$290,000$621
2025-05-02Price change$1,900$4
2025-04-10Listed for rent$2,000$4
2024-05-19Listing removed$0
2024-01-14Price change$2,100$4
2024-01-03Price change$2,000$4
2023-11-14Listed for rent$2,100$4
2023-05-22Sold$250,000$535
2023-04-19Pending sale$260,000$557
2023-04-02Listed for sale$260,000$557
2022-12-15Listing removed$0
2022-10-25Listing removed$0
2022-10-16Listed for rent$1,900$4
2022-08-22Listed for sale$260,000$557
2022-07-04Listing removed$0
2022-07-01Listed for sale$260,000$557
2022-04-28Listing removed$0
2015-05-21Sold$222,000$475

Tax History

YearProperty TaxTax Assessment
2025$3,766.85$200,790
2024$3,773.1$200,790
2023$2,950.22$153,648
2022$2,624.49$139,680
2021$3,371.2$174,600
2020$3,484.73$180,000
2019$3,488.13$180,000
2018$3,293.08$180,000
2017$3,384.75$180,000
2016$3,427.73$180,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
1
Sq Ft
467
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: $270,000Rent Basis: Observed Comp Model ($1,998/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.62%

NOI: $15,166/yr

Cash-on-Cash Yield
-2.6%

On $62,100 invested

DSCR Ratio
0.90x

Negative debt coverage

5-Yr Leveraged ROI
+80.9%

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)-$125/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$100/mo
Repairs & Maintenance (10% of rent)-$200/mo
Property Management (8% of rent)-$160/mo
Total Pure Operating Expenses-$734/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,998/mo
Less: Operating Expenses-$734/mo
Net Operating Income (NOI)+$1,264/mo
Less: Debt Service (30yr @ 6.75%)-$1,401/mo
Net Cash Flow
$-137/mo
$-1,646/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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