FOR_SALERisky Deal40 days on market

1141 N Biscayne Point Rd

1141 N Biscayne Point Rd, Miami Beach, FL 33141, Miami Beach, FL 33141
$15,900,000
Zestimate®:$14,574,700

Listing Price

Property image 1
1141 N Biscayne Point Rd, Miami Beach, FL 33141
Loc: Miami Beach, FL
Days Listed
40
Tax Assessed
$3583k
Zestimate®
$14575k
Market Rate
Lot Size
10,236 sqft
Rent Estimate
$7,496/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.

7

Biscayne Elementary School

PK-5
0.4 mi away
5

Nautilus Middle School

6-8
3.6 mi away
5

Miami Beach Senior High School

9-12
4.7 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
0.23%
Total ROI
-9.2%
Cash Flow
$-77,335/mo
DSCR
0.04
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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
2026-07-14Listed for sale$15,900,000$3,699
2024-07-18Sold$4,550,000$1,058

Tax History

YearProperty TaxTax Assessment
2025$67,798.24$3,582,600
2024$53,894.43$2,851,570
2023$60,364.42$3,180,394
2022$38,324.47$2,003,397
2021$4,935.71$261,626
2020$4,872.51$258,014
2019$4,773.77$252,214
2018$4,639.38$247,512
2017$4,639.38$242,422
2016$4,586.51$237,436
2015$4,595.55$235,786
2014$4,595.11$233,915
2013$4,440.06$230,459
2012$4,440.06$226,607
2011$4,313.79$220,007
2010$4,460.46$216,756
2009$4,087.56$211,058
2007$4,288.19$179,207
2006$4,619.79$0
2005$4,619.79$0
2004$4,548.73$0
2003$4,374.43$0
2002$4,160.96$0
2001$4,160.96$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
5
Sq Ft
4,299
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: $15,900,000Rent Basis: Observed Comp Model ($7,496/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $7,950/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
-0.39%

NOI: $-61,246/yr

Cash-on-Cash Yield
-28.7%

On $3,657,000 invested

DSCR Ratio
-0.06x

Negative debt coverage

5-Yr Leveraged ROI
+-49.5%

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)-$2,926/mo
Homeowner / Hazard Insurance-$7,950/mo
Vacancy Reserve (5% of rent)-$375/mo
Repairs & Maintenance (10% of rent)-$750/mo
Property Management (8% of rent)-$600/mo
Total Pure Operating Expenses-$12,600/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,496/mo
Less: Operating Expenses-$12,600/mo
Net Operating Income (NOI)+$-5,104/mo
Less: Debt Service (30yr @ 6.75%)-$82,502/mo
Net Cash Flow
$-87,606/mo
$-1,051,267/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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