11223 SW 170th Ter Unit V4132
Miami, FL 33157 · condo_townhome_rowhome_coop · For Sale · 121 days on market
Asking price$180,000
1 beds 2 baths 960 sqft
Suggested offer$178,000$2,000 above the est. market value of $178,000.
View on Realtor.com →Listed by MARGEND PALACIOS P.A. · Sellstate Powerhouse Real Estate Group
Typecondo_townhome_rowhome_coop
Built—
Price / sqft$188
Est. value (Realtor.com)$178,000
Rent estimate (own analysis)$2,299/mo
HOA$475/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-05-04
Removed date—
MLSMiamiMLS #A12012638
Coordinates25.61131, -80.37516
Address11223 SW 170th Ter Unit V4132
CityMiami
StateFL
Zip33157
Listing ID5344583991
Sourcerealtor, cached 2026-08-21
ZIP market snapshot (33157)
Typical home value (ZHVI)$630,585
Typical rent (ZORI)$2,736/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 | $180,000 |
| Down payment (20.0%) | $36,000 |
| Loan amount | $144,000 |
| Closing costs (5.0%) | $9,000 |
| Total cash to close | $45,000 |
| Income | |
| Rent (comp-derived) | $2,299$27,582 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,115$25,375 |
| Operating expenses | |
| Property tax (real MLS tax bill, from Realtor Search) | $300$3,598 |
| Insurance (est. scaled by flood & wind risk) | $180$2,160 |
| HOA dues | $475$5,700 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $115$1,379 |
| Total operating expenses | $1,070$12,837 |
| 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) | $115$1,379 |
| 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 | 1 | 2 | 960 | $1,900 | 2026-08-21 | — | |
| apartment | 1 | 1 | 750 | $1,700 | 2026-08-07 | — | |
| apartment | 1 | 1 | 650 | $1,800 | 2026-06-12 | — | |
| condos | 1 | 1 | 740 | $1,900 | 2026-07-28 | — | |
| apartment | 1 | 1 | 625 | $1,572 | 2025-12-01 | — | |
| apartment | 1 | 1 | 740 | $2,418 | 2024-06-11 | — | |
| apartment | 1 | 1 | 802 | $2,295 | 2025-09-22 | — | |
| condos | 1 | 1 | 664 | $1,675 | 2026-08-20 | — | |
| condos | 1 | 1 | 664 | $1,690 | 2026-01-16 | — | |
| apartment | 1 | 1 | 723 | $2,127 | — | — | |
| apartment | 1 | 1 | 769 | $2,418 | — | — | |
| apartment | 1 | 1 | 740 | $2,437 | — | — | |
| apartment | 1 | 1 | 769 | $2,532 | — | — | |
| apartment | 1 | 1 | 768 | $2,352 | — | — | |
| apartment | 1 | 1 | 725 | $2,513 | — | — | |
| apartment | 1 | 1 | 768 | $2,302 | — | — | |
| apartment | 1 | 1 | 667 | $2,250 | — | — | |
| apartment | 1 | 1 | 769 | $2,462 | — | — | |
| apartment | 1 | 1 | 769 | $2,502 | — | — | |
| apartment | 1 | 1 | 769 | $2,485 | — | — |
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 |
|---|---|---|---|---|---|---|
| 11223 SW 170th Ter Unit V4132 | condo_townhome_rowhome_coop | 1 | 2 | 960 | $180,000 | 2026-08-13 |
| 11060 SW 196th St Apt 601 | condos | 1 | 1 | 625 | $155,000 | 2026-07-17 |
| 11257 SW 172nd St Unit I | condos | 1 | 2 | 924 | $225,000 | 2026-07-06 |
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 |
|---|---|---|---|---|---|---|
| 11301 SW 200th St Unit 104A | condos | 1 | 2 | 703 | $165,000 | — |
| 17255 SW 95th Ave Unit D153 | condos | 1 | 1 | 664 | $167,500 | — |
| 11060 SW 196th St Apt 301 | condos | 1 | 1 | 625 | $165,000 | — |
| 17255 SW 95th Ave Apt 161 | condos | 1 | 1 | 664 | $170,000 | — |
| 9760 SW 184th St Apt 17B | condos | 1 | 1 | 560 | $175,000 | — |
| 17255 SW 95th Ave Apt 249 | condos | 1 | 1 | 664 | $174,900 | — |
10-year hold projection
IRR11.5%
Equity multiple2.79x
Total return (10yr)$103,927
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $185,400 | $12,538 | $55 | $142,439 | $42,961 |
| 2 | $190,962 | $12,979 | $461 | $140,770 | $50,192 |
| 3 | $196,691 | $13,434 | $880 | $138,987 | $57,704 |
| 4 | $202,592 | $13,904 | $1,315 | $137,082 | $65,510 |
| 5 | $208,669 | $14,391 | $1,764 | $135,046 | $73,624 |
| 6 | $214,929 | $14,893 | $2,228 | $132,869 | $82,060 |
| 7 | $221,377 | $15,413 | $2,709 | $130,544 | $90,834 |
| 8 | $228,019 | $15,949 | $3,205 | $128,058 | $99,960 |
| 9 | $234,859 | $16,504 | $3,719 | $125,402 | $109,457 |
| 10 | $241,905 | $17,077 | $4,251 | $122,564 | $119,341 |
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.