2240 NW 177th Ter
Miami Gardens, FL 33056 · single_family · For Sale · 10 days on market
Asking price$579,000
4 beds 3 baths 1,649 sqft
Suggested offer$554,262$24,738 above the est. market value of $554,262.
View on Realtor.com →Listed by Jubens Etienne · Coldwell Banker Realty
Typesingle_family
Built1972
Price / sqft$351
Est. value (own analysis)$554,262
Rent estimate (own analysis)$3,995/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-24
Removed date—
MLSMiamiMLS #A12076325
Coordinates25.93599, -80.23811
Address2240 NW 177th Ter
CityMiami Gardens
StateFL
Zip33056
Listing ID5002565395
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33056)
Median sale price$550,000
Median days on market (sale)37
Active sale listings131
Median rent$2,700/mo
Median days on market (rent)49
Active rental listings90
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33056 (≥6 of 50 per our log)Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $579,000 |
| Down payment (20.0%) | $115,800 |
| Loan amount | $463,200 |
| Closing costs (5.0%) | $28,950 |
| Total cash to close | $144,750 |
| Income | |
| Rent (comp-derived) | $3,995$47,940 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,675$44,105 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $917$11,001 |
| Insurance (est. scaled by flood & wind risk) | $618$7,411 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $200$2,397 |
| Total operating expenses | $1,734$20,809 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $200$2,397 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 2 | 1,464 | $2,760 | 2026-06-28 | — | |
| single_family | 4 | 2 | 1,544 | $2,800 | 2026-08-21 | — | |
| single_family | 4 | 2 | 1,238 | $3,105 | 2026-07-17 | — | |
| single_family | 4 | 4 | 1,826 | $4,500 | 2026-06-17 | — | |
| single_family | 4 | 3 | 1,384 | $3,350 | 2026-08-17 | — | |
| single_family | 4 | 2 | 1,358 | $4,300 | 2026-08-16 | — | |
| single_family | 4 | 2 | 1,620 | $4,400 | 2026-07-15 | — | |
| single_family | 4 | 2 | 1,645 | $5,000 | 2025-11-01 | — | |
| single_family | 4 | 3 | 1,640 | $4,300 | 2026-07-09 | — | |
| single_family | 4 | 2 | 1,482 | $3,690 | 2026-06-16 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 2765 NW 212th St | single_family | 4 | 2 | 1,150 | $565,000 | 2026-08-26 |
| 1890 NW 204th St | single_family | 4 | 2 | 1,652 | $540,500 | 2026-08-21 |
| 20370 NW 32nd Ave | single_family | 4 | 2 | 1,381 | $500,000 | 2026-08-21 |
| 3010 NW 186th Ter | single_family | 4 | 3 | 1,490 | $597,500 | 2026-08-19 |
| 2320 NW 191st Ter | single_family | 4 | 2 | 1,728 | $580,000 | 2026-08-17 |
| 3221 NW 182nd St | single_family | 4 | 2 | 1,289 | $590,000 | 2026-08-14 |
| 21221 NW 29th Ave | single_family | 4 | 2 | 1,786 | $595,000 | 2026-08-10 |
| 20901 NW 27th Ct | single_family | 4 | 2 | 1,575 | $540,000 | 2026-07-17 |
| 2860 NW 207th St | single_family | 4 | 2 | 1,890 | $519,900 | 2026-07-16 |
| 3001 NW 170th St | single_family | 4 | 3 | 1,541 | $570,000 | 2026-07-16 |
| 17351 NW 29th Ave | single_family | 4 | 1 | 1,208 | $580,000 | 2026-07-02 |
| 2850 NW 205th St | single_family | 4 | 2 | 1,104 | $384,900 | 2026-06-29 |
| 3610 NW 171st St | single_family | 4 | 2 | — | $575,000 | 2026-06-22 |
| 18712 NW 23rd Ct | single_family | 4 | 2 | 1,607 | $558,000 | 2026-06-17 |
| 2451 NW 182nd Ter | single_family | 4 | 3 | 1,542 | $500,000 | 2026-06-15 |
| 3277 NW 179th St | single_family | 4 | 2 | 1,436 | $565,000 | 2026-05-27 |
| 2971 NW 171st Ter | single_family | 4 | 2 | 1,460 | $597,000 | 2026-05-22 |
| 2470 NW 179th St | single_family | 4 | 2 | 1,104 | $342,000 | 2026-05-20 |
| 3490 NW 194th St | single_family | 4 | 2 | — | $490,000 | 2026-05-15 |
| 3211 NW 191st St | single_family | 4 | 2 | 1,470 | $475,000 | 2026-05-05 |
| 3260 NW 171st St | single_family | 4 | 2 | 1,592 | $600,000 | 2026-04-28 |
| 17821 NW 22nd Ave | single_family | 4 | 3 | 1,983 | $630,000 | 2026-04-21 |
| 2452 NW 175th Ter | single_family | 4 | 2 | 1,926 | $403,500 | 2026-04-17 |
| 20025 NW 32nd Ct | single_family | 4 | 3 | 1,452 | $585,000 | 2026-04-17 |
| 20501 NW 30th Ave | single_family | 4 | 2 | 1,104 | $629,900 | 2026-04-09 |
| 3252 NW 203rd Ln | single_family | 4 | 2 | 1,425 | $547,900 | 2026-04-09 |
| 3521 NW 208th Ter | single_family | 4 | 2 | 1,465 | $483,000 | 2026-04-06 |
| 16945 NW 28th Ave | single_family | 4 | 2 | 1,980 | $450,000 | 2026-04-02 |
| 2461 NW 208th St | single_family | 4 | 2 | 2,455 | $385,000 | 2026-04-02 |
| 17201 NW 37th Ave | single_family | 4 | 3 | 1,672 | $575,000 | 2026-03-31 |
| 3230 NW 211th St | single_family | 4 | 2 | 1,212 | $539,000 | 2026-03-30 |
| 3461 NW 178th St | single_family | 4 | 2 | 1,224 | $535,000 | 2026-03-27 |
| 2251 NW 171st Ter | single_family | 4 | 3 | 1,480 | $530,000 | 2026-03-11 |
| 2320 NW 184th St | single_family | 4 | 3 | 2,158 | $376,700 | 2026-03-09 |
| 18011 NW 23rd Ave | single_family | 4 | 2 | 1,223 | $535,000 | 2026-03-06 |
| 3340 NW 179th St | single_family | 4 | 2 | 2,050 | $690,000 | 2026-03-05 |
| 1815 NW 188th Ter | single_family | 4 | 2 | 2,074 | $470,000 | 2026-03-05 |
| 17301 NW 24th Ave | single_family | 4 | 3 | 2,478 | $605,000 | 2026-03-05 |
| 2901 NW 185th St | single_family | 4 | 3 | 1,902 | $600,000 | 2026-03-04 |
| 20562 NW 18th Ave | single_family | 4 | 2 | 1,652 | $530,000 | 2026-02-20 |
| 2900 NW 179th St | single_family | 4 | 3 | 2,032 | $670,000 | 2026-02-11 |
| 18611 NW 28th Pl | single_family | 4 | 2 | 1,531 | $580,000 | 2026-02-09 |
| 1851 NW 206th St | single_family | 4 | 2 | 1,652 | $530,000 | 2026-02-02 |
| 2270 NW 196th Ter | single_family | 4 | 3 | 2,464 | $580,000 | 2026-01-28 |
| 20316 NW 32nd Path | single_family | 4 | 2 | 1,381 | $467,000 | 2026-01-27 |
| 2410 NW 170th Ter | single_family | 4 | 2 | 1,441 | $465,000 | 2026-01-23 |
| 3381 NW 210th Ter | single_family | 4 | 2 | 1,146 | $545,000 | 2026-01-21 |
| 2040 NW 185th Ter | single_family | 4 | 3 | 1,829 | $565,000 | 2026-01-20 |
| 18740 NW 19th Ave | single_family | 4 | 2 | 1,958 | $589,000 | 2026-01-16 |
| 19001 NW 19th Ave | single_family | 4 | 2 | 1,665 | $475,000 | 2026-01-06 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 3421 NW 176th St | single_family | 4 | 2 | 1,644 | $280,000 | — |
| 20504 NW 19th Ave | single_family | 4 | 2 | 1,652 | $540,000 | — |
| 2001 NW 206th St | single_family | 4 | 3 | 1,447 | $574,900 | — |
| 17135 NW 19th Ave | single_family | 4 | 6 | 2,096 | $998,500 | — |
| 20464 NW 19th Ave | single_family | 4 | 2 | 1,652 | $575,000 | — |
| 2950 NW 210th Ter | single_family | 4 | 2 | 1,122 | $550,000 | — |
| 2765 NW 212th St | single_family | 4 | 2 | 1,150 | $625,000 | — |
| 20532 NW 22nd Ct | single_family | 4 | 1 | 912 | $499,000 | — |
10-year hold projection
IRR3.5%
Equity multiple1.56x
Total return (10yr)$156,508
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $596,370 | $23,296 | -$14,821 | $458,178 | $138,192 |
| 2 | $614,261 | $24,099 | -$14,078 | $452,811 | $161,450 |
| 3 | $632,689 | $24,928 | -$13,310 | $447,075 | $185,614 |
| 4 | $651,670 | $25,785 | -$12,516 | $440,946 | $210,724 |
| 5 | $671,220 | $26,671 | -$11,695 | $434,395 | $236,824 |
| 6 | $691,356 | $27,586 | -$10,846 | $427,395 | $263,961 |
| 7 | $712,097 | $28,531 | -$9,968 | $419,914 | $292,183 |
| 8 | $733,460 | $29,508 | -$9,061 | $411,920 | $321,540 |
| 9 | $755,464 | $30,517 | -$8,124 | $403,376 | $352,088 |
| 10 | $778,128 | $31,559 | -$7,154 | $394,246 | $383,882 |
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.