Miami Gardens, FL 33169 · single_family · Pending — under contract · 345 days on market
Asking price$546,000
3 beds 2 baths 1,423 sqft
Suggested offer$486,509$59,491 above the est. market value of $486,509.
View on Realtor.com →Listed by Malik Mateen · Beachfront Realty Inc
Typesingle_family
Built1968
Price / sqft$384
Est. value (own analysis)$486,509
Rent estimate (own analysis)$3,335/mo
HOANone
1 / 3
Show every detail
Statusfor_sale
Listed date2025-09-23
Removed date—
MLSMiamiMLS #A11883246
Coordinates25.92888, -80.22615
Address
CityMiami Gardens
StateFL
Zip33169
Listing ID5100798419
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33169)
Typical home value (ZHVI)$471,445
Typical rent (ZORI)$2,193/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 | $546,000 |
| Down payment (20.0%) | $109,200 |
| Loan amount | $436,800 |
| Closing costs (5.0%) | $27,300 |
| Total cash to close | $136,500 |
| Income | |
| Rent (comp-derived) | $3,335$40,020 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,068$36,818 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $865$10,374 |
| Insurance (placeholder 0.8% of price) | $364$4,368 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $167$2,001 |
| Total operating expenses | $1,395$16,743 |
| 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) | $167$2,001 |
| 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 | 3 | 2 | 1,310 | $3,000 | 2026-08-20 | — | |
| single_family | 3 | 3 | 1,882 | $3,800 | 2026-06-25 | — | |
| single_family | 3 | 2 | 1,682 | $4,500 | — | — | |
| single_family | 3 | 2 | 1,077 | $3,200 | — | — | |
| single_family | 3 | 2 | 1,250 | $3,400 | 2026-08-30 | — | |
| single_family | 3 | 2 | 1,500 | $3,300 | 2025-06-17 | — | |
| single_family | 3 | 2 | 1,855 | $2,800 | 2026-05-22 | — | |
| single_family | 3 | 2 | 1,593 | $3,200 | 2026-08-18 | — | |
| single_family | 3 | 2 | 1,070 | $2,900 | 2026-08-01 | — | |
| single_family | 3 | 1 | 1,896 | $3,500 | 2026-08-19 | — | |
| single_family | 3 | 1 | 1,333 | $2,975 | 2025-08-23 | — | |
| single_family | 3 | 2 | 1,467 | $3,800 | 2026-07-24 | — | |
| single_family | 3 | 2 | 1,197 | $3,350 | 2026-05-06 | — | |
| single_family | 3 | 3 | 1,344 | $3,900 | — | — | |
| single_family | 3 | 2 | 1,305 | $3,600 | — | — | |
| single_family | 3 | 2 | 1,440 | $2,900 | — | — | |
| single_family | 3 | 2 | 1,469 | $3,335 | 2026-08-29 | — |
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 |
|---|---|---|---|---|---|---|
| 950 NW 175th St | single_family | 3 | 2 | 2,005 | $444,000 | 2026-08-31 |
| 18910 NW 11th Ave | single_family | 3 | 2 | 1,984 | $550,000 | 2026-08-31 |
| 21105 NW Miami Ct | single_family | 3 | 2 | 1,666 | $425,000 | 2026-08-28 |
| 780 NW 179th St | single_family | 3 | 2 | 1,319 | $400,000 | 2026-08-26 |
| 19531 NW 1st Pl | single_family | 3 | 2 | 1,429 | $580,000 | 2026-08-24 |
| 400 NW 184th Ter Unit 400 | single_family | 3 | 2 | 1,291 | $470,000 | 2026-08-21 |
| 1220 NW 189th Ter | single_family | 3 | 1 | 1,215 | $455,000 | 2026-08-18 |
| 770 NW 175th Dr | single_family | 3 | 2 | 1,250 | $500,000 | 2026-08-14 |
| 1020 NW 197th Ter | single_family | 3 | 2 | 1,273 | $580,000 | 2026-08-14 |
| 21440 N Miami Ave | single_family | 3 | 2 | 1,125 | $450,000 | 2026-08-14 |
| 1311 NW 196th St | single_family | 3 | 2 | 1,596 | $360,000 | 2026-08-07 |
| 20131 NW 14th Pl | single_family | 3 | 1 | 1,272 | $420,000 | 2026-07-28 |
| 17202 NW 9th Ct | single_family | 3 | 2 | 1,688 | $575,000 | 2026-07-27 |
| 1321 NW 176th Ter | single_family | 3 | 2 | 1,300 | $415,000 | 2026-07-27 |
| 1261 NW 172nd St | single_family | 3 | 1 | 1,113 | $412,000 | 2026-07-23 |
| 1440 NW 207th St | single_family | 3 | 2 | 2,200 | $585,000 | 2026-07-21 |
| 580 NW 194th Ter | single_family | 3 | 1 | 960 | $490,000 | 2026-07-21 |
| 17132 NW 9th Ct | single_family | 3 | 2 | 1,425 | $405,000 | 2026-07-20 |
| 18612 NW 10th Ct | single_family | 3 | 1 | 1,632 | $470,000 | 2026-07-17 |
| 1491 NW 196th St | single_family | 3 | 2 | 1,610 | $430,000 | 2026-07-16 |
| 19731 NW 12th Ave | single_family | 3 | 2 | 1,819 | $520,000 | 2026-07-10 |
| 121 NW 188th St | single_family | 3 | 2 | 1,454 | $450,000 | 2026-07-07 |
| 1531 NW 182nd St | single_family | 3 | 2 | 1,740 | $610,000 | 2026-06-29 |
| 1300 NW 174th St | single_family | 3 | 2 | 1,366 | $545,000 | 2026-06-26 |
| 1031 NW 202nd St | single_family | 3 | 2 | 1,474 | $550,000 | 2026-06-26 |
| 801 S Biscayne River Dr | single_family | 3 | 2 | 2,470 | $840,000 | 2026-06-26 |
| 20211 NW 4th Ave | single_family | 3 | 2 | 1,560 | $580,000 | 2026-06-22 |
| 20054 NW 12th Pl | single_family | 3 | 3 | 1,632 | $560,000 | 2026-06-18 |
| 17811 NW 12th Ct | single_family | 3 | 3 | 1,607 | $555,000 | 2026-06-18 |
| 18810 NW 8th Ct | single_family | 3 | 2 | 1,880 | $445,000 | 2026-06-18 |
| 1260 NW 178th Ter | single_family | 3 | 2 | 1,475 | $470,000 | 2026-06-12 |
| 18640 NW 11th Rd | single_family | 3 | 2 | 1,200 | $335,000 | 2026-06-12 |
| 19800 NW Miami Ct | single_family | 3 | 2 | 1,613 | $575,000 | 2026-06-11 |
| 20120 NW 11th Ct | single_family | 3 | 2 | 1,511 | $550,000 | 2026-06-10 |
| 1331 NW 176th Ter | single_family | 3 | 2 | 1,104 | $437,500 | 2026-06-09 |
| 19415 NW 7th Ct | single_family | 3 | 2 | 1,152 | $350,000 | 2026-06-09 |
| 19800 NW 5th Ave | single_family | 3 | 2 | 1,416 | $572,900 | 2026-06-09 |
| 19620 NW 5th Ct | single_family | 3 | 2 | 1,694 | $549,833 | 2026-05-29 |
| 51 NW 161st St | single_family | 3 | 2 | 1,144 | $419,000 | 2026-05-28 |
| 18020 NW 2nd Pl | single_family | 3 | 1 | 1,092 | $320,000 | 2026-05-22 |
| 1380 NW 171st St | single_family | 3 | 2 | 1,301 | $560,000 | 2026-05-21 |
| 18981 NW 7th Ave | single_family | 3 | 2 | 1,192 | $420,000 | 2026-05-21 |
| 20130 NW 15th Ave | single_family | 3 | 2 | 1,222 | $430,000 | 2026-05-20 |
| 18000 NW 6th Ct | single_family | 3 | 2 | 1,118 | $471,000 | 2026-05-06 |
| 781 NW 183rd Dr | single_family | 3 | 1 | 1,734 | $479,000 | 2026-05-05 |
| 665 NW 153rd St | single_family | 3 | 1 | 1,269 | $430,000 | 2026-05-02 |
| 19620 NW 6th Ct | single_family | 3 | 2 | 1,455 | $470,000 | 2026-04-28 |
| 1090 NW 197th Ter | single_family | 3 | 1 | 1,262 | $542,000 | 2026-04-28 |
| 811 NW 196th Ter | single_family | 3 | 2 | 2,640 | $525,000 | 2026-04-27 |
| 541 NW 193rd St | single_family | 3 | 2 | 1,104 | $480,000 | 2026-04-27 |
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 |
|---|---|---|---|---|---|---|
| 488 NW 165th St Rd Apt B512 | condos | 3 | 2 | 1,175 | $185,000 | — |
| 19615 NW 14th Ave | single_family | 3 | 2 | 1,479 | $639,000 | — |
| 400 NW 184th Ter Unit 400 | single_family | 3 | 2 | 1,291 | $470,000 | — |
| 140 NW 164th St | townhomes | 3 | 2 | — | $549,900 | — |
| 142 NW 164th St | townhomes | 3 | 2 | — | $549,900 | — |
| 136 NW 164th St | townhomes | 3 | 2 | — | $549,900 | — |
| 138 NW 164th St | townhomes | 3 | 2 | — | $549,900 | — |
| 19720 NW 12th Ct | single_family | 3 | 2 | 2,167 | $599,000 | — |
10-year hold projection
IRR2.6%
Equity multiple1.42x
Total return (10yr)$128,048
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $562,380 | $20,075 | -$15,609 | $432,064 | $130,316 |
| 2 | $579,251 | $20,761 | -$14,974 | $427,003 | $152,248 |
| 3 | $596,629 | $21,470 | -$14,316 | $421,595 | $175,034 |
| 4 | $614,528 | $22,202 | -$13,637 | $415,815 | $198,713 |
| 5 | $632,964 | $22,958 | -$12,934 | $409,638 | $223,326 |
| 6 | $651,953 | $23,739 | -$12,208 | $403,037 | $248,916 |
| 7 | $671,511 | $24,546 | -$11,458 | $395,982 | $275,529 |
| 8 | $691,656 | $25,380 | -$10,683 | $388,443 | $303,213 |
| 9 | $712,406 | $26,241 | -$9,881 | $380,387 | $332,019 |
| 10 | $733,778 | $27,130 | -$9,053 | $371,777 | $362,001 |
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.