luxury

$1,250,000

1866 SW 25th Terrace, Miami, FL 33133

Miami, FL, 33133

— bd · — ba · 1,561 sqft

Listed by RE/MAX 360 Real Estate

Estimated monthly payment

$8,419/mo

Income & expenses

3 units
Building totalsMonthlyAnnual
Gross rental income$5,400$64,800
Operating expenses (est.)$2,311$27,730
Net operating income (est.)$3,089$37,070

Expenses include estimated taxes, insurance, HOA and the 10% vacancy, repairs and management allowance. Loan payments are separate.

Yearly rent

$64,800

Property taxes after sale

$15,000

Florida average estimate

Insurance estimate

$6,250

South Florida average insurance estimate

$1,250,000
$1,000,000 (20% below)Asking $1,250,000

Cap rate — optimistic

3.48%

NOI $43,550/yr

Rent minus taxes, insurance and HOA.

Cap rate — conservative

2.97%

NOI $37,070/yr

Also minus 10% for vacancy, repairs and management.

Cash flow with a loan

20% · $250,000
0%50%100%
Loan payment $77,832/yr
Cash flow $-40,762/yr
Cap rate 2.97%
Cash-on-cash -16.30%
Cash flow ÷ price -3.26%

Conservative net operating income minus a 30-year loan payment at the price tested above.

Rent figures come from the listing. Taxes are estimated at the tested price, since Florida taxes reset on sale. Planning estimate only, not a quote. Actual premiums depend on roof age, wind mitigation, flood zone, claims history and the carrier. Verify all income and expenses with the seller's rent roll before writing an offer. Estimate only, not guaranteed. Verify before you buy or sell.

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated monthly payment $8,419/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.

About this home

Find similar homes

HABU UNDERLINE – ±4,668 SF T5-R infill development site backing onto the Metrorail corridor along The Underline's planned route, between Brickell and Coconut Grove. Plans submitted to the City of Miami for two 3-story luxury townhomes of ±2,450 SF each; civil, structural, MEP and landscape consultants engaged. Full approval targeted Q1 2027. Existing 3-unit building generates approx. $5,400/mo to offset carry during entitlements. Ideal for a builder or end-developer seeking an advanced predevelopment position in 33133. OM, plans and renderings available with signed CA. Renderings conceptual and subject to approvals; buyer to verify all information. Listing broker holds an ownership interest in the property.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • Price reduced 22%

    The seller has come down from $1,600,000 to $1,250,000 — a $350,000 reduction since it came on the market.

  • 275 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Your costs (est.)

≈ $8,419/mo

1866 SW 25th Terrace, Miami, FL 33133 · Miami

Location

1866 SW 25th Terrace, Miami, FL 33133

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995