20371 NW 32nd Ct
Miami Gardens, FL 33056 · single_family · For Sale · 104 days on market
Asking price$620,000
4 beds 2 baths 1,425 sqft
Suggested offer$478,971$141,029 above the est. market value of $478,971.
View on Realtor.com →Listed by Marcelin Fils-Aime · Options Realty Team, Llc
Typesingle_family
Built1993
Price / sqft$435
Est. value (own analysis)$478,971
Rent estimate (own analysis)$3,995/mo
HOANone
1 / 35
Show every detail
Statusfor_sale
Listed date2026-05-22
Removed date—
MLSBeachesMLS #B26031646
Coordinates25.96029, -80.25482
Address20371 NW 32nd Ct
CityMiami Gardens
StateFL
Zip33056
Listing ID5314455440
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 | $620,000 |
| Down payment (20.0%) | $124,000 |
| Loan amount | $496,000 |
| Closing costs (5.0%) | $31,000 |
| Total cash to close | $155,000 |
| Income | |
| Rent (comp-derived) | $3,995$47,940 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,675$44,105 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $982$11,780 |
| Insurance (placeholder 0.8% of price) | $413$4,960 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $200$2,397 |
| Total operating expenses | $1,595$19,137 |
| 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) | $200$2,397 |
| 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 | 2 | 1,464 | $2,760 | 2026-06-28 | — | |
| single_family | 4 | 2 | 1,544 | $2,800 | 2026-08-21 | — | |
| single_family | 4 | 2 | 1,238 | $3,105 | 2026-07-17 | — | |
| single_family | 4 | 4 | 1,826 | $4,500 | 2026-06-17 | — | |
| single_family | 4 | 3 | 1,384 | $3,350 | 2026-08-17 | — | |
| single_family | 4 | 2 | 1,358 | $4,300 | 2026-08-16 | — | |
| single_family | 4 | 2 | 1,620 | $4,400 | 2026-07-15 | — | |
| single_family | 4 | 2 | 1,645 | $5,000 | 2025-11-01 | — | |
| single_family | 4 | 3 | 1,640 | $4,300 | 2026-07-09 | — | |
| single_family | 4 | 2 | 1,482 | $3,690 | 2026-06-16 | — |
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 |
|---|---|---|---|---|---|---|
| 2765 NW 212th St | single_family | 4 | 2 | 1,150 | $565,000 | 2026-08-26 |
| 1890 NW 204th St | single_family | 4 | 2 | 1,652 | $540,500 | 2026-08-21 |
| 20370 NW 32nd Ave | single_family | 4 | 2 | 1,381 | $500,000 | 2026-08-21 |
| 3010 NW 186th Ter | single_family | 4 | 3 | 1,490 | $597,500 | 2026-08-19 |
| 2320 NW 191st Ter | single_family | 4 | 2 | 1,728 | $580,000 | 2026-08-17 |
| 3221 NW 182nd St | single_family | 4 | 2 | 1,289 | $590,000 | 2026-08-14 |
| 21221 NW 29th Ave | single_family | 4 | 2 | 1,786 | $595,000 | 2026-08-10 |
| 20901 NW 27th Ct | single_family | 4 | 2 | 1,575 | $540,000 | 2026-07-17 |
| 2860 NW 207th St | single_family | 4 | 2 | 1,890 | $519,900 | 2026-07-16 |
| 3001 NW 170th St | single_family | 4 | 3 | 1,541 | $570,000 | 2026-07-16 |
| 17351 NW 29th Ave | single_family | 4 | 1 | 1,208 | $580,000 | 2026-07-02 |
| 2850 NW 205th St | single_family | 4 | 2 | 1,104 | $384,900 | 2026-06-29 |
| 3610 NW 171st St | single_family | 4 | 2 | — | $575,000 | 2026-06-22 |
| 18712 NW 23rd Ct | single_family | 4 | 2 | 1,607 | $558,000 | 2026-06-17 |
| 2451 NW 182nd Ter | single_family | 4 | 3 | 1,542 | $500,000 | 2026-06-15 |
| 3277 NW 179th St | single_family | 4 | 2 | 1,436 | $565,000 | 2026-05-27 |
| 2971 NW 171st Ter | single_family | 4 | 2 | 1,460 | $597,000 | 2026-05-22 |
| 2470 NW 179th St | single_family | 4 | 2 | 1,104 | $342,000 | 2026-05-20 |
| 3490 NW 194th St | single_family | 4 | 2 | — | $490,000 | 2026-05-15 |
| 3211 NW 191st St | single_family | 4 | 2 | 1,470 | $475,000 | 2026-05-05 |
| 3260 NW 171st St | single_family | 4 | 2 | 1,592 | $600,000 | 2026-04-28 |
| 17821 NW 22nd Ave | single_family | 4 | 3 | 1,983 | $630,000 | 2026-04-21 |
| 2452 NW 175th Ter | single_family | 4 | 2 | 1,926 | $403,500 | 2026-04-17 |
| 20025 NW 32nd Ct | single_family | 4 | 3 | 1,452 | $585,000 | 2026-04-17 |
| 20501 NW 30th Ave | single_family | 4 | 2 | 1,104 | $629,900 | 2026-04-09 |
| 3252 NW 203rd Ln | single_family | 4 | 2 | 1,425 | $547,900 | 2026-04-09 |
| 3521 NW 208th Ter | single_family | 4 | 2 | 1,465 | $483,000 | 2026-04-06 |
| 16945 NW 28th Ave | single_family | 4 | 2 | 1,980 | $450,000 | 2026-04-02 |
| 2461 NW 208th St | single_family | 4 | 2 | 2,455 | $385,000 | 2026-04-02 |
| 17201 NW 37th Ave | single_family | 4 | 3 | 1,672 | $575,000 | 2026-03-31 |
| 3230 NW 211th St | single_family | 4 | 2 | 1,212 | $539,000 | 2026-03-30 |
| 3461 NW 178th St | single_family | 4 | 2 | 1,224 | $535,000 | 2026-03-27 |
| 2251 NW 171st Ter | single_family | 4 | 3 | 1,480 | $530,000 | 2026-03-11 |
| 2320 NW 184th St | single_family | 4 | 3 | 2,158 | $376,700 | 2026-03-09 |
| 18011 NW 23rd Ave | single_family | 4 | 2 | 1,223 | $535,000 | 2026-03-06 |
| 3340 NW 179th St | single_family | 4 | 2 | 2,050 | $690,000 | 2026-03-05 |
| 1815 NW 188th Ter | single_family | 4 | 2 | 2,074 | $470,000 | 2026-03-05 |
| 17301 NW 24th Ave | single_family | 4 | 3 | 2,478 | $605,000 | 2026-03-05 |
| 2901 NW 185th St | single_family | 4 | 3 | 1,902 | $600,000 | 2026-03-04 |
| 20562 NW 18th Ave | single_family | 4 | 2 | 1,652 | $530,000 | 2026-02-20 |
| 2900 NW 179th St | single_family | 4 | 3 | 2,032 | $670,000 | 2026-02-11 |
| 18611 NW 28th Pl | single_family | 4 | 2 | 1,531 | $580,000 | 2026-02-09 |
| 1851 NW 206th St | single_family | 4 | 2 | 1,652 | $530,000 | 2026-02-02 |
| 2270 NW 196th Ter | single_family | 4 | 3 | 2,464 | $580,000 | 2026-01-28 |
| 20316 NW 32nd Path | single_family | 4 | 2 | 1,381 | $467,000 | 2026-01-27 |
| 2410 NW 170th Ter | single_family | 4 | 2 | 1,441 | $465,000 | 2026-01-23 |
| 3381 NW 210th Ter | single_family | 4 | 2 | 1,146 | $545,000 | 2026-01-21 |
| 2040 NW 185th Ter | single_family | 4 | 3 | 1,829 | $565,000 | 2026-01-20 |
| 18740 NW 19th Ave | single_family | 4 | 2 | 1,958 | $589,000 | 2026-01-16 |
| 19001 NW 19th Ave | single_family | 4 | 2 | 1,665 | $475,000 | 2026-01-06 |
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 |
|---|---|---|---|---|---|---|
| 3421 NW 176th St | single_family | 4 | 2 | 1,644 | $280,000 | — |
| 20504 NW 19th Ave | single_family | 4 | 2 | 1,652 | $540,000 | — |
| 2001 NW 206th St | single_family | 4 | 3 | 1,447 | $574,900 | — |
| 17135 NW 19th Ave | single_family | 4 | 6 | 2,096 | $998,500 | — |
| 20464 NW 19th Ave | single_family | 4 | 2 | 1,652 | $575,000 | — |
| 2950 NW 210th Ter | single_family | 4 | 2 | 1,122 | $550,000 | — |
| 2765 NW 212th St | single_family | 4 | 2 | 1,150 | $625,000 | — |
| 2240 NW 177th Ter | single_family | 4 | 3 | 1,649 | $579,000 | — |
10-year hold projection
IRR3.5%
Equity multiple1.57x
Total return (10yr)$168,932
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $638,600 | $24,968 | -$15,678 | $490,622 | $147,978 |
| 2 | $657,758 | $25,813 | -$14,894 | $484,875 | $172,883 |
| 3 | $677,491 | $26,685 | -$14,083 | $478,734 | $198,757 |
| 4 | $697,815 | $27,586 | -$13,244 | $472,170 | $225,645 |
| 5 | $718,750 | $28,517 | -$12,378 | $465,156 | $253,594 |
| 6 | $740,312 | $29,478 | -$11,483 | $457,660 | $282,652 |
| 7 | $762,522 | $30,470 | -$10,559 | $449,649 | $312,872 |
| 8 | $785,397 | $31,495 | -$9,603 | $441,089 | $344,309 |
| 9 | $808,959 | $32,554 | -$8,616 | $431,940 | $377,019 |
| 10 | $833,228 | $33,647 | -$7,595 | $422,163 | $411,065 |
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.