FOR_SALERisky Deal641 days on market

130 Palm Ave

130 Palm Ave, Miami Beach, FL 33139, Miami Beach, FL 33139
$60,000,000

Listing Price

Property image 1
130 Palm Ave, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
641
Tax Assessed
$18000k
Lot Size
0.69 acres
Rent Estimate
$193,100/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

South Pointe Elementary School

PK-5
1.4 mi away
5

Nautilus Middle School

6-8
3 mi away
5

Miami Beach Senior High School

9-12
2.2 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
3.11%
Total ROI
5.2%
Cash Flow
$-147,703/mo
DSCR
0.51
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2024-11-20Listed for sale$60,000,000$3,965
2023-12-04Listing removed$49,500,000$3,271
2021-08-17Price change$49,500,000$3,271
2021-06-09Listed for sale$40,000,000$2,643
2015-07-21Sold$8,600,000$568
2015-02-26Listing removed$11,000,000$727
2015-01-25Price change$11,000,000$727
2015-01-18Price change$11,900,000$786
2014-06-06Price change$12,900,000$852
2014-05-09Price change$13,900,000$919
2014-03-02Price change$15,000,000$991
2014-02-27Price change$1,500,000$99
2014-01-21Listed for sale$15,000,000$991
2013-02-07Sold$10,625,000$702
2011-12-02Listed for sale$11,500,000$760
2008-09-16Sold$9,750,000$644
2005-07-26Sold$7,750,000$512
1998-12-29Sold$2,130,000$141
1995-03-20Sold$855,000$57

Tax History

YearProperty TaxTax Assessment
2025$244,891.38$10,102,290
2024$213,899.6$9,183,900
2023$175,102.39$8,349,000
2022$154,825.56$7,590,000
2021$135,617.1$6,900,000
2020$135,972.45$6,900,000
2019$136,102.86$6,900,000
2018$132,049.4$6,900,000
2017$132,049.4$6,900,000
2016$134,008.1$6,900,000
2015$150,899.17$6,409,614
2014$139,323.5$5,826,922
2013$109,958.88$5,297,202
2012$109,959$5,297,906
2011$103,516$4,929,673
2010$103,682$4,636,496
2007$92,945.1$4,544,792
2006$54,493$0
2005$54,493$0
2004$53,704.6$0
2003$52,153.1$0
2002$51,109.8$0
2001$51,109.8$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
9
Baths
15
Sq Ft
15,132
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: $60,000,000Rent Basis: Observed Comp Model ($193,100/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $30,000/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.08%

NOI: $1,247,844/yr

Cash-on-Cash Yield
-18.0%

On $13,800,000 invested

DSCR Ratio
0.33x

Negative debt coverage

5-Yr Leveraged ROI
+4.0%

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)-$14,700/mo
Homeowner / Hazard Insurance-$30,000/mo
Vacancy Reserve (5% of rent)-$9,655/mo
Repairs & Maintenance (10% of rent)-$19,310/mo
Property Management (8% of rent)-$15,448/mo
Total Pure Operating Expenses-$89,113/mo
Net Investor Cash Flow
Gross Scheduled Rent+$193,100/mo
Less: Operating Expenses-$89,113/mo
Net Operating Income (NOI)+$103,987/mo
Less: Debt Service (30yr @ 6.75%)-$311,327/mo
Net Cash Flow
$-207,340/mo
$-2,488,081/year
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130 Palm Ave | Miami Beach, FL | Haven AI Analysis | Haven by ScoutHavens