13880 SW 68th Ave
Palmetto Bay, FL 33158 · single_family · For Sale · 23 days on market
Asking price$3,900,000
7 beds 7 baths 5,551 sqft
Suggested offer$3,180,390$719,610 above the est. market value of $3,180,390.
View on Realtor.com →Listed by Joseph Suarez · Trustpoint Realty, LLC.
Typesingle_family
Built1990
Price / sqft$703
Est. value (own analysis)$3,180,390
Rent estimate (own analysis)$14,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-10
Removed date—
MLSMiamiMLS #A12068254
Coordinates25.64216, -80.30408
Address13880 SW 68th Ave
CityPalmetto Bay
StateFL
Zip33158
Listing ID5326162755
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33158)
Typical home value (ZHVI)$1,383,443
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 | $3,900,000 |
| Down payment (20.0%) | $780,000 |
| Loan amount | $3,120,000 |
| Closing costs (5.0%) | $195,000 |
| Total cash to close | $975,000 |
| Income | |
| Rent (comp-derived) | $14,500$174,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $13,340$160,080 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $6,175$74,100 |
| Insurance (est. scaled by flood & wind risk) | $4,160$49,920 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $725$8,700 |
| Total operating expenses | $11,060$132,720 |
| 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) | $725$8,700 |
| 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 | 7 | 5 | 3,545 | $14,500 | 2026-07-13 | — |
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 |
|---|---|---|---|---|---|---|
| 14525 SW 84th Ave | single_family | 4 | 3 | 2,552 | $1,765,000 | 2026-08-28 |
| 14200 Old Cutler Rd | single_family | 6 | 6 | 4,872 | $4,900,000 | 2026-08-26 |
| 8240 SW 150th Dr | single_family | 4 | 3 | 2,382 | $1,375,000 | 2026-08-21 |
| 13700 SW 78th Pl | single_family | 4 | 2 | 2,188 | $960,000 | 2026-08-18 |
| 13650 SW 82nd Ct | single_family | 5 | 6 | 5,051 | $3,000,000 | 2026-08-11 |
| 6370 SW 144th St | single_family | 4 | 4 | 3,233 | $2,350,000 | 2026-08-10 |
| 13830 SW 79th Ct | single_family | 4 | 2 | 1,842 | $1,075,000 | 2026-07-30 |
| 14590 SW 84th Ct | single_family | 5 | 3 | 3,087 | $1,275,000 | 2026-07-28 |
| 13820 SW 73rd Ave | single_family | 5 | 3 | 2,926 | $1,725,000 | 2026-07-24 |
| 8245 SW 149th Dr | single_family | 3 | 2 | 2,172 | $1,100,000 | 2026-07-22 |
| 14851 SW 69th Ct | single_family | 3 | 2 | 1,478 | $1,112,500 | 2026-07-13 |
| 14700 Sailfish Dr | single_family | 3 | 2 | 1,720 | $1,475,000 | 2026-07-10 |
| 6740 SW 144th St | single_family | 5 | 3 | 3,026 | $1,360,000 | 2026-07-09 |
| 8241 SW 142nd St | single_family | 4 | 2 | 2,004 | $920,000 | 2026-07-06 |
| 14421 SW 85th Ave | single_family | 3 | 2 | 2,578 | $950,000 | 2026-07-02 |
| 13693 Deering Bay Dr | single_family | 5 | 7 | 6,071 | $4,550,000 | 2026-06-29 |
| 14323 SW 80th Ave | single_family | 5 | 5 | 3,578 | $2,200,000 | 2026-06-25 |
| 8521 SW 145th St | single_family | 5 | 4 | 4,633 | $2,650,000 | 2026-06-25 |
| 6910 SW 145th Ter | single_family | 5 | 5 | 4,870 | $3,600,000 | 2026-06-18 |
| 6975 SW 149th Ter | single_family | 5 | 3 | 2,304 | $1,625,000 | 2026-06-17 |
| 8461 SW 147th Ter | single_family | 5 | 3 | 2,152 | $1,071,000 | 2026-06-15 |
| 14700 SW 78th Ave | single_family | 4 | 3 | 2,967 | $1,650,000 | 2026-06-15 |
| 13600 SW 67th Ave | single_family | 7 | 8 | 8,129 | $5,670,000 | 2026-06-10 |
| 8230 SW 150th Dr | single_family | 5 | 4 | 3,485 | $2,000,000 | 2026-06-09 |
| 13670 Deering Bay Dr | single_family | — | 0 | — | $1,950,000 | 2026-06-08 |
| 8425 SW 149th Dr | single_family | 4 | 3 | 2,562 | $1,390,000 | 2026-06-05 |
| 14670 SW 69th Pl | single_family | 9 | 7 | 6,875 | $2,150,000 | 2026-06-03 |
| 7695 SW 142nd St | single_family | 5 | 4 | 2,266 | $1,200,000 | 2026-05-28 |
| 7900 SW 143rd St | single_family | 5 | 3 | 2,864 | $1,200,000 | 2026-05-27 |
| 13800 SW 79th Ct | single_family | 3 | 2 | 2,530 | $1,790,000 | 2026-05-22 |
| 13681 Deering Bay Dr | single_family | 5 | 6 | 5,438 | $3,050,000 | 2026-05-19 |
| 8400 SW 141st St | single_family | 3 | 2 | 1,916 | $775,000 | 2026-05-18 |
| 6991 SW 144th St | single_family | 6 | 6 | 4,708 | $4,000,000 | 2026-05-15 |
| 14345 SW 72nd Ct | single_family | 4 | 5 | 4,011 | $1,745,000 | 2026-05-05 |
| 6875 N Cartee Rd | single_family | 3 | 3 | 2,755 | $2,185,000 | 2026-05-01 |
| 14040 SW 83rd Ct | single_family | 4 | 4 | 3,194 | $1,300,000 | 2026-05-01 |
| 14941 SW 69th Ct | single_family | 3 | 2 | 1,415 | $1,375,000 | 2026-04-28 |
| 13901 Old Cutler Rd | single_family | 6 | 8 | — | $6,200,000 | 2026-04-15 |
| 13671 SW Deering Bay Dr | single_family | 5 | 9 | 6,476 | $4,675,000 | 2026-04-13 |
| 13901 SW 78th Pl | single_family | 3 | 2 | 2,086 | $950,000 | 2026-04-10 |
| 8160 SW 137th St | single_family | 3 | 2 | 2,031 | $600,000 | 2026-04-07 |
| 8501 SW 142nd St | single_family | 4 | 2 | 1,860 | $982,000 | 2026-04-07 |
| 7560 SW 144th St | single_family | 5 | 5 | 2,482 | $1,620,000 | 2026-03-24 |
| 8465 SW 143rd St | single_family | 3 | 2 | 1,390 | $815,000 | 2026-03-20 |
| 14590 SW 81st Ave | single_family | 4 | 2 | 2,367 | $1,300,000 | 2026-03-19 |
| 13820 SW 82nd Ave | single_family | 4 | 3 | 2,988 | $1,250,000 | 2026-03-18 |
| 13945 Cartee Rd | single_family | 4 | 3 | 3,066 | $2,245,000 | 2026-03-13 |
| 15021 SW 75th Ct | single_family | 4 | 3 | 2,490 | $1,240,000 | 2026-03-13 |
| 14700 SW 83rd Pl | single_family | 4 | 2 | 1,853 | $1,350,000 | 2026-03-04 |
| 8523 SW 139th Ter | single_family | 2 | 3 | 2,211 | $856,000 | 2026-03-02 |
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 |
|---|---|---|---|---|---|---|
| 14100 Old Cutler Rd | single_family | 7 | 9 | 7,230 | $6,750,000 | — |
10-year hold projection
IRR-5.3%
Equity multiple0.12x
Total return (10yr)-$349,510
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $4,017,000 | $27,360 | -$221,940 | $3,086,172 | $930,828 |
| 2 | $4,137,510 | $28,844 | -$220,673 | $3,050,022 | $1,087,488 |
| 3 | $4,261,635 | $30,390 | -$219,350 | $3,011,388 | $1,250,247 |
| 4 | $4,389,484 | $31,999 | -$217,970 | $2,970,102 | $1,419,382 |
| 5 | $4,521,169 | $33,673 | -$216,529 | $2,925,981 | $1,595,188 |
| 6 | $4,656,804 | $35,416 | -$215,027 | $2,878,830 | $1,777,974 |
| 7 | $4,796,508 | $37,229 | -$213,459 | $2,828,440 | $1,968,068 |
| 8 | $4,940,403 | $39,116 | -$211,825 | $2,774,591 | $2,165,812 |
| 9 | $5,088,615 | $41,078 | -$210,122 | $2,717,044 | $2,371,572 |
| 10 | $5,241,274 | $43,119 | -$208,346 | $2,655,544 | $2,585,730 |
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.