19200 NE 14th Ct

Miami, FL 33179 · single_family · Ready To Build · 5 days on market
Asking price$2,795,990
5 beds 4 baths 4,095 sqft
Suggested offer$1,959,294$836,696 above the est. market value of $1,959,294.
View on Realtor.com →
Typesingle_family
Built
Price / sqft$683
Est. value (own analysis)$1,959,294
Rent estimate (own analysis)$16,475/mo
HOANone
Street view
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Neighborhood

Show every detail
Statusready_to_build
Listed date2026-08-29
Removed date
MLSLennar #3995
Coordinates25.95720, -80.16880
Address19200 NE 14th Ct
CityMiami
StateFL
Zip33179
Listing ID417000881233
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33179)

Typical home value (ZHVI)$274,207
Typical rent (ZORI)$2,257/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$2,795,990
Down payment (20.0%)$559,198
Loan amount$2,236,792
Closing costs (5.0%)$139,800
Total cash to close$698,998
Rent (comp-derived)$16,475$197,700
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$197,700
Vacancy rate (assumption) assumption8.0%

$197,700 × 8.0% = $15,816

Effective gross income$15,157$181,884
Property tax (placeholder 1.9% of price)$4,427$53,124
Insurance (placeholder 0.8% of price)$1,864$22,368
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$824$9,885
Total operating expenses$7,115$85,377
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$181,884
Total operating expenses derived$85,377

$181,884 − $85,377 = $96,507

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$2,236,792
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,236,792 amortized at 6.7% over 30 years = $14,374/mo

CapEx reserve (5.0% of GSR)$824$9,885
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$96,507
Annual debt service derived$172,491
Annual CapEx reserve assumption$9,885
Annual PMI assumption$0

($96,507 − $172,491 − $9,885 − $0) ÷ 12 = -$7,156

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$96,507
Purchase price data$2,795,990

$96,507 ÷ $2,795,990 = 3.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$85,868
Total cash to close derived$698,998

-$85,868 ÷ $698,998 = -12.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$96,507
Annual debt service derived$172,491

$96,507 ÷ $172,491 = 0.56

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$197,700
Purchase price data$2,795,990

($197,700 ÷ 12) ÷ $2,795,990 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,795,990
Gross scheduled rent (annual) comp$197,700

$2,795,990 ÷ $197,700 = 14.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$85,377
Effective gross income derived$181,884

$85,377 ÷ $181,884 = 46.9%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$85,377
Annual debt service derived$172,491
Annual PMI assumption$0
Gross scheduled rent (annual) comp$197,700

($85,377 + $172,491 + $0) ÷ $197,700 = 130.4%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family554,197$19,9002026-06-17
single_family554,400$18,0002026-05-26
single_family553,470$45,0002026-05-15
single_family543,275$10,0002025-11-16
single_family554,119$18,5002026-04-01
single_family554,057$14,9502026-04-20
single_family532,702$5,500
single_family532,700$10,0002026-07-29

19701 NE 16th Pl

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,197
Listed2026-06-17
Days on market

Asking rent: $19,900

View on Zillow →

19616 NE 14th Ct

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,400
Listed2026-05-26
Days on market

Asking rent: $18,000

View on Zillow →

1941 NE 196th Ter

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage3,470
Listed2026-05-15
Days on market

Asking rent: $45,000

View on Zillow →

1961 NE 188th St

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,275
Listed2025-11-16
Days on market

Asking rent: $10,000

View on Zillow →

19708 NE 14th Ave

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,119
Listed2026-04-01
Days on market

Asking rent: $18,500

View on Zillow →

19602 NE 14th Ct Unit 0

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,057
Listed2026-04-20
Days on market

Asking rent: $14,950

View on Zillow →

19244 NE 9th Pl

Miami, 33179 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,702
Listed
Days on market

Asking rent: $5,500

View on Zillow →

19340 NE 19th Ave

North Miami Beach, 33179 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,700
Listed2026-07-29
Days on market

Asking rent: $10,000

View on Zillow →

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
2021 NE 212th Stsingle_family553,880$2,600,0002026-08-31
2140 NE 206th Stsingle_family532,287$1,010,0002026-07-31
1961 S Oak Haven Cirsingle_family554,856$2,050,0002026-06-17
1870 NE 197th Tersingle_family532,837$1,188,0002026-05-27
2110 NE 198th Tersingle_family533,412$1,651,0002026-05-26
1270 North Drsingle_family541,600$599,0002026-05-04
312 NE 210th Waysingle_family552,833$1,475,0002026-04-30
2156 NE 187th Stsingle_family532,462$1,650,0002026-02-10
617 NE 191st Stsingle_family542,702$1,150,0002026-02-02
1860 NE 199th Stsingle_family532,883$1,729,0002026-02-02
19501 Ambassador Ctsingle_family554,780$2,757,0002026-01-12
20335 NE 20th Ctsingle_family573,277$2,100,0002025-12-24
1990 NE 197th Tersingle_family542,337$1,300,0002025-12-22
20101 NE 20th Ctsingle_family532,584$1,370,0002025-12-18
2131 NE 202nd Stsingle_family534,180$1,840,0002025-12-11
2011 NE 211th Stsingle_family522,767$1,305,0002025-11-13
1930 NE 193rd Stsingle_family555,285$2,500,0002025-11-03
1330 NE 212th Tersingle_family531,782$480,0002025-10-03

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
19200 NE 14th Ctsingle_family554,336$3,188,990
19200 NE 14th Ctsingle_family544,119$2,985,990
1875 NE 193rd Stsingle_family553,360$4,099,000
19613 NE 14th Avesingle_family554,336$3,188,990
19662 NE 14th Ctsingle_family544,095$2,865,890
19668 NE 14th Avesingle_family543,550$2,649,690
19200 NE 14th Ctsingle_family543,550$2,590,990
19617 NE 14th Avesingle_family544,119$3,031,265

10-year hold projection

IRR2.0%
Equity multiple1.32x
Total return (10yr)$587,500
YearProperty valueNOICash flowLoan balanceEquity
1$2,879,870$96,507-$85,868$2,212,540$667,330
2$2,966,266$99,829-$82,794$2,186,623$779,643
3$3,055,254$103,262-$79,614$2,158,926$896,328
4$3,146,911$106,808-$76,328$2,129,327$1,017,584
5$3,241,319$110,472-$72,930$2,097,695$1,143,623
6$3,338,558$114,257-$69,417$2,063,892$1,274,667
7$3,438,715$118,168-$65,786$2,027,767$1,410,948
8$3,541,876$122,208-$62,033$1,989,161$1,552,716
9$3,648,133$126,382-$58,153$1,947,904$1,700,229
10$3,757,577$130,694-$54,142$1,903,814$1,853,763
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.