14020 SW 38th St
Miami, FL 33175 · single_family · For Sale · 26 days on market
Asking price$839,999
4 beds 2 baths 2,082 sqft
Listed by Felipe Carmona · Carmona Realty Group, Llc
Typesingle_family
Built1983
Price / sqft$403
Est. value (own analysis)$843,719
Rent estimate (own analysis)$4,300/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire2/10Minor
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Statusfor_sale
Listed date2026-08-07
Removed date—
MLSMiamiMLS #A12067629
Coordinates25.73222, -80.42123
Address14020 SW 38th St
CityMiami
StateFL
Zip33175
Listing ID5052318577
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33175)
Typical home value (ZHVI)$628,459
Typical rent (ZORI)$3,232/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $839,999 |
| Down payment (20.0%) | $168,000 |
| Loan amount | $671,999 |
| Closing costs (5.0%) | $42,000 |
| Total cash to close | $210,000 |
| Income | |
| Rent (comp-derived) | $4,300$51,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,956$47,472 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,330$15,960 |
| Insurance (est. scaled by flood & wind risk) | $896$10,752 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $215$2,580 |
| Total operating expenses | $2,441$29,292 |
| 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) | $215$2,580 |
| 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 | 3 | 2,431 | $7,500 | 2026-08-21 | — | |
| single_family | 4 | 3 | 1,940 | $4,300 | 2026-08-19 | — | |
| single_family | 4 | 2 | 2,115 | $3,800 | 2026-08-13 | — | |
| single_family | 4 | 2 | 1,793 | $3,850 | 2026-08-10 | — | |
| single_family | 4 | 3 | 2,279 | $8,100 | 2026-07-09 | — | |
| single_family | 4 | 4 | 2,401 | $4,900 | 2026-07-08 | — | |
| single_family | 4 | 3 | 2,349 | $4,900 | 2026-08-03 | — | |
| single_family | 4 | 3 | 2,100 | $4,099 | 2026-07-27 | — | |
| single_family | 4 | 2 | 1,752 | $3,655 | — | — | |
| single_family | 4 | 3 | 2,622 | $5,000 | 2026-08-24 | — | |
| single_family | 4 | 1 | 2,326 | $3,700 | 2026-01-26 | — | |
| single_family | 4 | 3 | 2,614 | $4,200 | — | — | |
| single_family | 4 | 7 | 1,794 | $4,500 | 2026-08-26 | — | |
| single_family | 4 | 3 | 1,940 | $4,300 | 2026-08-26 | — | |
| single_family | 4 | 3 | 2,382 | $4,600 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 2675 SW 119th Ct | single_family | 4 | 3 | 1,883 | $699,900 | 2026-08-31 |
| 14061 SW 39th St | single_family | 4 | 2 | 1,884 | $795,000 | 2026-08-26 |
| 14332 SW 38th Ter | single_family | 4 | 2 | 2,643 | $920,000 | 2026-08-26 |
| 13911 SW 18th Ter | single_family | 4 | 3 | 2,332 | $849,000 | 2026-08-20 |
| 3190 SW 133rd Ct | single_family | 4 | 4 | 3,281 | $1,560,000 | 2026-08-19 |
| 1655 SW 145th Ave | single_family | 4 | 3 | 2,517 | $1,020,000 | 2026-08-14 |
| 12810 SW 18th St | single_family | 4 | 3 | 1,849 | $1,050,000 | 2026-08-13 |
| 12731 SW 47th Ter | single_family | 4 | 2 | 1,676 | $873,000 | 2026-08-12 |
| 12551 SW 35th St | single_family | 4 | 2 | 1,992 | $760,000 | 2026-08-10 |
| 2275 SW 143rd Ct | single_family | 4 | 3 | 2,261 | $1,029,000 | 2026-08-05 |
| 13931 SW 22nd St | single_family | 4 | 2 | 2,100 | $975,000 | 2026-07-29 |
| 3603 SW 138th Ct | single_family | 4 | 2 | 1,853 | $750,000 | 2026-07-27 |
| 3124 SW 139th Pl | single_family | 4 | 3 | 1,990 | $765,000 | 2026-07-24 |
| 12370 SW 41st St | single_family | 4 | 2 | 1,930 | $605,500 | 2026-07-21 |
| 3190 SW 133rd Pl | single_family | 4 | 3 | 2,410 | $1,135,000 | 2026-07-02 |
| 14251 SW 34th St | single_family | 4 | 3 | 2,133 | $855,000 | 2026-06-27 |
| 2927 SW 145th Ct | single_family | 4 | 3 | 1,861 | $715,000 | 2026-06-26 |
| 5040915198 | single_family | 4 | 3 | 2,407 | $1,050,000 | 2026-06-24 |
| 13320 SW 21st St | single_family | 4 | 2 | 2,104 | $880,000 | 2026-06-24 |
| 14005 SW 17th Ter | single_family | 4 | 3 | 2,176 | $970,000 | 2026-06-22 |
| 12820 SW 25th Ter | single_family | 4 | 2 | 2,163 | $385,000 | 2026-06-08 |
| 5285417047 | single_family | 4 | 2 | — | $710,000 | 2026-06-02 |
| 13284 SW 39th St | single_family | 4 | 2 | 2,108 | $800,000 | 2026-06-02 |
| 3122 SW 144th Pl | single_family | 4 | 3 | 2,086 | $885,000 | 2026-06-01 |
| 12310 SW 39th Ter | single_family | 4 | 3 | 2,236 | $860,000 | 2026-06-01 |
| 11751 SW 30th St | single_family | 4 | 3 | 1,810 | $710,000 | 2026-05-29 |
| 13841 SW 17th Ter | single_family | 4 | 3 | 2,029 | $820,000 | 2026-05-29 |
| 3097 SW 132nd Pl | single_family | 4 | 3 | 2,226 | $950,000 | 2026-05-29 |
| 14468 SW 16th St | single_family | 4 | 3 | 2,373 | $1,170,000 | 2026-05-28 |
| 14452 SW 43rd Ter | single_family | 4 | 2 | 2,198 | $835,000 | 2026-05-28 |
| 13737 SW 31st Ter | single_family | 4 | 3 | 2,118 | $775,000 | 2026-05-18 |
| 2340 SW 139th Ave | single_family | 4 | 3 | 2,817 | $1,552,000 | 2026-05-13 |
| 12225 SW 42nd St | single_family | 4 | 2 | 2,088 | $900,000 | 2026-05-11 |
| 14478 SW 21st St | single_family | 4 | 4 | 2,776 | $1,175,000 | 2026-05-08 |
| 13430 SW 25th St | single_family | 4 | 2 | 2,005 | $800,000 | 2026-05-08 |
| 13123 SW 26th Ter | single_family | 4 | 2 | 1,805 | $718,000 | 2026-04-29 |
| 2045 SW 142nd Pl | single_family | 4 | 3 | 2,283 | $1,100,000 | 2026-04-28 |
| 2791 Village Green Dr | single_family | 4 | 2 | 1,943 | $695,000 | 2026-04-24 |
| 12545 SW 31st Ter | single_family | 4 | 2 | 1,975 | $810,000 | 2026-04-22 |
| 12570 SW 45th St | single_family | 4 | 2 | 2,922 | $1,600,000 | 2026-04-21 |
| 11915 SW 25th Ter | single_family | 4 | 2 | 2,077 | $875,000 | 2026-04-17 |
| 13210 SW 21st St | single_family | 4 | 2 | 2,008 | $860,000 | 2026-04-14 |
| 14625 SW 17th St | single_family | 4 | 3 | 2,317 | $900,000 | 2026-04-14 |
| 14252 SW 30th St | single_family | 4 | 3 | 2,482 | $1,480,000 | 2026-04-14 |
| 5103 SW 128th Pl | single_family | 4 | 2 | 1,653 | $760,000 | 2026-04-14 |
| 2203 SW 139th Ave | single_family | 4 | 3 | 2,289 | $874,900 | 2026-04-06 |
| 13730 SW 30th St | single_family | 4 | 3 | 3,070 | $985,000 | 2026-03-31 |
| 14271 SW 34th St | single_family | 4 | 3 | 2,247 | $830,000 | 2026-03-27 |
| 3743 SW 133rd Pl | single_family | 4 | 3 | 2,359 | $850,000 | 2026-03-19 |
| 14242 SW 30th St | single_family | 4 | 3 | 2,528 | $1,400,000 | 2026-03-13 |
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 |
|---|---|---|---|---|---|---|
| 14211 SW 31st St | single_family | 4 | 3 | 2,101 | $1,275,000 | — |
| 3201 SW 129th Ave | single_family | 4 | 4 | 2,978 | $1,999,900 | — |
| 2851 SW 117th Ave | single_family | 4 | 3 | 2,925 | $1,499,517 | — |
| 14591 SW 30th St | single_family | 4 | 3 | 2,736 | $1,100,000 | — |
| 2902 SW 136th Ct | single_family | 4 | 3 | 1,763 | $749,999 | — |
| 13280 SW 40th Ter | single_family | 4 | 2 | 1,725 | $795,000 | — |
| 14332 SW 38th Ter | single_family | 4 | 2 | 2,643 | $920,000 | — |
| 14380 SW 36th St | single_family | 4 | 4 | 3,176 | $1,500,000 | — |
10-year hold projection
IRR-1.5%
Equity multiple0.75x
Total return (10yr)$57,852
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $865,199 | $18,180 | -$36,221 | $664,713 | $200,486 |
| 2 | $891,155 | $18,872 | -$35,594 | $656,927 | $234,228 |
| 3 | $917,890 | $19,588 | -$34,944 | $648,606 | $269,284 |
| 4 | $945,426 | $20,330 | -$34,270 | $639,713 | $305,713 |
| 5 | $973,789 | $21,097 | -$33,572 | $630,210 | $343,579 |
| 6 | $1,003,003 | $21,892 | -$32,849 | $620,055 | $382,948 |
| 7 | $1,033,093 | $22,714 | -$32,099 | $609,202 | $423,891 |
| 8 | $1,064,086 | $23,566 | -$31,323 | $597,603 | $466,482 |
| 9 | $1,096,008 | $24,447 | -$30,518 | $585,208 | $510,800 |
| 10 | $1,128,888 | $25,359 | -$29,685 | $571,962 | $556,926 |
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.