1308 SW 154th Ave
Miami, FL 33194 · single_family · For Sale · 19 days on market
Asking price$850,000
4 beds 3 baths 2,028 sqft
Suggested offer$645,979$204,021 above the est. market value of $645,979.
View on Realtor.com →Listed by an agent · Lifestyle International Realty
Typesingle_family
Built2004
Price / sqft$419
Est. value (own analysis)$645,979
Rent estimate (own analysis)$4,500/mo
HOANone
1 / 44
Show every detail
Statusfor_sale
Listed date2026-08-14
Removed date—
MLSBeachesMLS #B26064124
Coordinates25.75461, -80.44496
Address1308 SW 154th Ave
CityMiami
StateFL
Zip33194
Listing ID5266702146
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33194)
Median sale price$790,000
Median days on market (sale)42
Active sale listings20
Median rent$3,500/mo
Median days on market (rent)24
Active rental listings23
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 33194 (≥6 of 50 per our log)Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $850,000 |
| Down payment (20.0%) | $170,000 |
| Loan amount | $680,000 |
| Closing costs (5.0%) | $42,500 |
| Total cash to close | $212,500 |
| Income | |
| Rent (comp-derived) | $4,500$54,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,140$49,680 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,346$16,150 |
| Insurance (placeholder 0.8% of price) | $567$6,800 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $225$2,700 |
| Total operating expenses | $2,138$25,650 |
| 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) | $225$2,700 |
| 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 | 2,627 | $5,700 | 2026-08-15 | — | |
| single_family | 4 | 3 | 2,459 | $4,500 | 2026-08-14 | — | |
| single_family | 4 | 3 | 2,666 | $4,500 | 2026-04-27 | — | |
| single_family | 4 | 3 | 1,900 | $3,190 | — | — |
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 |
|---|---|---|---|---|---|---|
| 867 SW 155th Ct | single_family | 4 | 2 | 2,338 | $769,000 | 2026-06-10 |
| 14980 SW 15th Ln | single_family | 4 | 4 | 3,531 | $975,000 | 2026-04-29 |
| 15062 SW 11th St | single_family | 4 | 3 | 2,223 | $685,000 | 2026-04-15 |
| 876 SW 155th Ct | single_family | 4 | 3 | 2,558 | $935,000 | 2026-03-18 |
| 1455 SW 155th Ct | single_family | 4 | 3 | 1,909 | $830,000 | 2026-01-09 |
| 15030 SW 9th Ter | single_family | 4 | 3 | 1,985 | $528,000 | 2025-12-16 |
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 |
|---|---|---|---|---|---|---|
| 1458 SW 150th Ave | single_family | 4 | 3 | 2,223 | $865,900 | — |
| 15664 SW 12th Ter | single_family | 4 | 3 | 2,659 | $790,000 | — |
| 1331 SW 153rd Path | single_family | 4 | 3 | 2,589 | $999,000 | — |
| 15441 SW 11th Ter | single_family | 4 | 2 | 2,028 | $870,000 | — |
| 15651 SW 14th St | single_family | 4 | 3 | 2,703 | $909,900 | — |
| 1551 SW 154th Ct | single_family | 4 | 3 | 2,360 | $895,000 | — |
| 14918 SW 10th St | single_family | 4 | 3 | 2,459 | $1,100,000 | — |
10-year hold projection
IRR0.3%
Equity multiple1.05x
Total return (10yr)$121,082
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $875,500 | $24,030 | -$31,108 | $672,627 | $202,873 |
| 2 | $901,765 | $24,879 | -$30,327 | $664,748 | $237,017 |
| 3 | $928,818 | $25,757 | -$29,518 | $656,328 | $272,490 |
| 4 | $956,682 | $26,664 | -$28,681 | $647,330 | $309,352 |
| 5 | $985,383 | $27,602 | -$27,816 | $637,714 | $347,669 |
| 6 | $1,014,944 | $28,572 | -$26,921 | $627,437 | $387,507 |
| 7 | $1,045,393 | $29,574 | -$25,995 | $616,455 | $428,937 |
| 8 | $1,076,755 | $30,610 | -$25,037 | $604,719 | $472,036 |
| 9 | $1,109,057 | $31,681 | -$24,047 | $592,177 | $516,881 |
| 10 | $1,142,329 | $32,788 | -$23,022 | $578,773 | $563,556 |
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.