3800 SW 102nd Ave Apt 206
Miami, FL 33165 · condos · For Sale · 112 days on market
Asking price$208,000
0 beds 1 baths 455 sqft
Suggested offer$152,372$55,628 above the est. market value of $152,372.
View on Realtor.com →Listed by Yurima Martin Ramos · Martin Realty Group Corp
Typecondos
Built1969
Price / sqft$457
Est. value (own analysis)$152,372
Rent estimate (own analysis)$1,300/mo
HOA$280/mo
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-05-13
Removed date—
MLSMiamiMLS #A12017350
Coordinates25.73403, -80.36031
Address3800 SW 102nd Ave Apt 206
CityMiami
StateFL
Zip33165
Listing ID5201378097
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33165)
Typical home value (ZHVI)$684,538
Typical rent (ZORI)$3,219/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 | $208,000 |
| Down payment (20.0%) | $41,600 |
| Loan amount | $166,400 |
| Closing costs (5.0%) | $10,400 |
| Total cash to close | $52,000 |
| Income | |
| Rent (comp-derived) | $1,300$15,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,196$14,352 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $329$3,952 |
| Insurance (est. scaled by flood & wind risk) | $222$2,662 |
| HOA dues | $280$3,360 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $65$780 |
| Total operating expenses | $896$10,754 |
| 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) | $65$780 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 0 | 1 | 200 | $1,300 | 2026-08-15 | — | |
| condos | 0 | 1 | 2,556 | $1,300 | 2026-08-13 | — | |
| condos | 0 | 1 | 2,039 | $1,600 | 2026-06-21 | — | |
| apartment | 0 | 1 | 400 | $1,300 | 2026-07-31 | — | |
| condos | 0 | 1 | 2,062 | $1,550 | 2026-08-26 | — | |
| condos | 0 | 1 | 1,880 | $1,250 | 2026-09-01 | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 2420 SW 102nd Ave Unit 0 | condos | 3 | 2 | 1,350 | $515,000 | 2026-08-24 |
| 1809 SW 107th Ave Apt 2710 | condos | 3 | 3 | 987 | $361,000 | 2026-08-20 |
| 11240 SW 33rd Circle Pl | condo_townhome_rowhome_coop | 2 | 2 | 1,024 | $503,000 | 2026-08-14 |
| 1805 SW 107th Ave Apt 2601 | condos | 3 | 2 | 987 | $390,000 | 2026-08-06 |
| 9000 SW 24th St Unit 21C | condos | 1 | 1 | 730 | $230,000 | 2026-06-26 |
| 9000 SW 24th St Unit 217A | condos | 2 | 2 | 860 | $288,000 | 2026-06-09 |
| 9000 SW 24th St Unit 14C | condos | 1 | 1 | 730 | $255,000 | 2026-06-05 |
| 3610 SW 114th Ave Unit 4-202 | condos | 2 | 2 | 982 | $265,000 | 2026-05-04 |
| 2429 SW 110th Ave | condo_townhome_rowhome_coop | 3 | 2 | 1,708 | $535,000 | 2026-03-16 |
| 3610 SW 114th Ave Unit 4-104 | condos | 2 | 1 | 760 | $252,500 | 2026-03-12 |
| 1805 SW 107th Ave Apt 2610 | condos | 3 | 2 | 987 | $365,000 | 2025-12-05 |
| 9000 SW 24th St Unit 223C | condos | 1 | 1 | 780 | $230,000 | 2025-12-04 |
| 1925 SW 107th Ave Apt 208 | condos | 2 | 2 | 828 | $290,000 | 2025-11-21 |
| 3901 SW 112th Ave Apt 25 | condos | 1 | 1 | 558 | $170,000 | 2025-11-07 |
| 3901 SW 109th Ave Unit 9C | condos | 1 | 1 | 635 | $210,000 | 2025-10-02 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 11 NE 6th St Unit 808 | condos | 0 | 1 | 345 | $429,000 | — |
| 10470 SW 149th St | single_family | 0 | — | 1,056 | $370,000 | — |
| 11 NE 6th St Unit 2102 | condos | 0 | 1 | 350 | $399,000 | — |
| 11 NE 6th St Unit 1106 | condos | 0 | 1 | 321 | $429,000 | — |
| 11 NE 6th St Unit 1606 | condos | 0 | 1 | 350 | $389,000 | — |
| 2630 SW 28th St Ste 44 | condos | 0 | 1 | 482 | $307,000 | — |
| 315 NW 27th Ave Unit 424 | condos | 0 | 1 | 451 | $378,750 | — |
| 175 NE 10 St Unit 44I | condos | 0 | 1 | 476 | $645,000 | — |
10-year hold projection
IRR-2.8%
Equity multiple0.54x
Total return (10yr)$3,291
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $214,240 | $3,598 | -$10,014 | $164,596 | $49,644 |
| 2 | $220,667 | $3,759 | -$9,872 | $162,668 | $57,999 |
| 3 | $227,287 | $3,927 | -$9,724 | $160,607 | $66,680 |
| 4 | $234,106 | $4,102 | -$9,570 | $158,406 | $75,700 |
| 5 | $241,129 | $4,282 | -$9,410 | $156,052 | $85,077 |
| 6 | $248,363 | $4,470 | -$9,244 | $153,538 | $94,825 |
| 7 | $255,814 | $4,665 | -$9,071 | $150,850 | $104,964 |
| 8 | $263,488 | $4,868 | -$8,892 | $147,978 | $115,510 |
| 9 | $271,393 | $5,077 | -$8,705 | $144,909 | $126,484 |
| 10 | $279,535 | $5,295 | -$8,511 | $141,629 | $137,905 |
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.