20305 NW 27th Ct
Miami Gardens, FL 33056 · townhomes · For Sale · 187 days on market
Asking price$349,500
3 beds 2 baths 1,140 sqft
Suggested offer$322,232$27,268 above the est. market value of $322,232.
View on Realtor.com →Listed by ALICIA SWAN · The R E Experts of South Fla
Typetownhomes
Built1999
Price / sqft$307
Est. value (own analysis)$322,232
Rent estimate (own analysis)$3,000/mo
HOA$67/mo
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Statusfor_sale
Listed date2026-02-27
Removed date—
MLSMiamiMLS #A11973611
Coordinates25.95916, -80.24683
Address20305 NW 27th Ct
CityMiami Gardens
StateFL
Zip33056
Listing ID5282443995
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 | $349,500 |
| Down payment (20.0%) | $69,900 |
| Loan amount | $279,600 |
| Closing costs (5.0%) | $17,475 |
| Total cash to close | $87,375 |
| Income | |
| Rent (comp-derived) | $3,000$36,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,760$33,120 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $553$6,641 |
| Insurance (placeholder 0.8% of price) | $233$2,796 |
| HOA dues | $67$804 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $150$1,800 |
| Total operating expenses | $1,003$12,041 |
| 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) | $150$1,800 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 3 | 1,442 | $3,200 | 2026-05-18 | — | |
| townhomes | 3 | 2 | 999 | $3,000 | 2026-08-01 | — | |
| townhomes | 3 | 2 | 1,406 | $3,300 | 2026-06-05 | — | |
| townhomes | 3 | 1 | 999 | $3,000 | 2026-07-03 | — | |
| townhomes | 3 | 3 | 1,442 | $3,000 | 2026-08-05 | — |
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 |
|---|---|---|---|---|---|---|
| 2763 NW 197th Ter | townhomes | 3 | 1 | 1,178 | $248,200 | 2026-07-31 |
| 2875 NW 198th St | townhomes | 3 | 2 | 1,224 | $360,000 | 2026-06-26 |
| 2754 NW 196th St | townhomes | 3 | 2 | 1,406 | $255,000 | 2026-06-23 |
| 2767 NW 197th Ter | townhomes | 3 | 1 | 1,178 | $335,000 | 2026-06-15 |
| 2951 NW 195th St | townhomes | 3 | 1 | 1,019 | $390,000 | 2026-06-12 |
| 2819 NW 181st St | townhomes | 3 | 2 | 1,442 | $400,000 | 2026-06-05 |
| 2791 NW 196th Ter | townhomes | 3 | 1 | 1,292 | $140,000 | 2026-05-14 |
| 2770 NW 193rd Ter | townhomes | 3 | 2 | 1,406 | $315,000 | 2026-04-01 |
| 20450 NW 28th Ct | townhomes | 3 | 2 | 999 | $380,000 | 2026-03-30 |
| 19123 NW 35th Ave | townhomes | 3 | 2 | 1,069 | $305,000 | 2026-03-23 |
| 2754 NW 193rd Ter | townhomes | 3 | 3 | 1,406 | $395,000 | 2026-02-25 |
| 19454 NW 29th Ct Unit 19454 | townhomes | 3 | 1 | 1,019 | $300,000 | 2026-01-09 |
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 |
|---|---|---|---|---|---|---|
| 3530 NW 170th St | single_family | 3 | 1 | 962 | $397,500 | — |
| 3441 NW 169th Ter | single_family | 3 | 2 | 1,314 | $349,900 | — |
| 1714 NW 204th St | single_family | 3 | 2 | 1,358 | $435,000 | — |
| 3281 NW 212th St | single_family | 3 | 2 | — | $445,000 | — |
| 3271 NW 173rd Ter | single_family | 3 | 2 | 1,464 | $535,000 | — |
| 2766 NW 168th Ter | single_family | 3 | 2 | 1,656 | $525,000 | — |
| 2340 NW 187th St | single_family | 3 | 2 | 1,562 | $535,000 | — |
| 17530 NW 27th Ct | single_family | 3 | 2 | 1,613 | $550,000 | — |
10-year hold projection
IRR9.1%
Equity multiple2.43x
Total return (10yr)$170,830
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $359,985 | $21,080 | -$2,282 | $276,569 | $83,416 |
| 2 | $370,785 | $21,772 | -$1,634 | $273,329 | $97,456 |
| 3 | $381,908 | $22,487 | -$966 | $269,867 | $112,041 |
| 4 | $393,365 | $23,225 | -$275 | $266,167 | $127,198 |
| 5 | $405,166 | $23,986 | $438 | $262,213 | $142,953 |
| 6 | $417,321 | $24,772 | $1,175 | $257,988 | $159,333 |
| 7 | $429,841 | $25,584 | $1,935 | $253,472 | $176,369 |
| 8 | $442,736 | $26,421 | $2,720 | $248,647 | $194,090 |
| 9 | $456,018 | $27,285 | $3,531 | $243,490 | $212,529 |
| 10 | $469,699 | $28,177 | $4,368 | $237,978 | $231,720 |
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.