1655 SW 20th St
Miami, FL 33145 · single_family · Pending — under contract · 19 days on market
Asking price$790,000
2 beds 1 baths 1,472 sqft
Listed by Fernanda Ibarra · Direct Realty Solutions
Typesingle_family
Built1939
Price / sqft$537
Est. value (own analysis)$894,118
Rent estimate (own analysis)$2,900/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-14
Removed date—
MLSMiamiMLS #A12063712
Coordinates25.75331, -80.22111
Address1655 SW 20th St
CityMiami
StateFL
Zip33145
Listing ID5362915167
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33145)
Typical home value (ZHVI)$735,527
Typical rent (ZORI)$3,018/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 | $790,000 |
| Down payment (20.0%) | $158,000 |
| Loan amount | $632,000 |
| Closing costs (5.0%) | $39,500 |
| Total cash to close | $197,500 |
| Income | |
| Rent (comp-derived) | $2,900$34,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,668$32,016 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,251$15,010 |
| Insurance (est. scaled by flood & wind risk) | $843$10,112 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $145$1,740 |
| Total operating expenses | $2,239$26,862 |
| 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) | $145$1,740 |
| 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 | 2 | 2 | 1,252 | $2,800 | 2026-08-18 | — | |
| single_family | 2 | 1 | 1,824 | $2,500 | 2026-08-14 | — | |
| single_family | 2 | 2 | 960 | $2,500 | 2026-07-08 | — | |
| single_family | 2 | 1 | 1,773 | $3,200 | 2026-06-17 | — | |
| single_family | 2 | 2 | 1,146 | $4,750 | 2026-08-03 | — | |
| single_family | 2 | 1 | 1,650 | $3,200 | 2026-07-30 | — | |
| single_family | 2 | 1 | 975 | $2,900 | 2025-01-24 | — |
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 |
|---|---|---|---|---|---|---|
| 1851 SW 21st Ter | single_family | 2 | 2 | 1,773 | $785,000 | 2026-08-17 |
| 3644 SW 3rd Ave | single_family | 2 | 3 | 2,267 | $1,310,000 | 2026-08-04 |
| 1811 SW 17th Ter | single_family | 2 | 1 | 1,404 | $710,000 | 2026-07-24 |
| 1879 SW 16th St | single_family | 2 | 1 | 1,633 | $750,000 | 2026-07-23 |
| 3170 SW 19th Ter | single_family | 2 | 1 | 1,388 | $642,000 | 2026-07-07 |
| 1871 SW 23rd St | single_family | 2 | 1 | 1,556 | $940,000 | 2026-06-26 |
| 2350 SW 16th St | single_family | 2 | 2 | 1,224 | $615,000 | 2026-06-18 |
| 2332 SW 19th Ter | single_family | 2 | 1 | 1,285 | $1,089,000 | 2026-06-15 |
| 3655 SW 17th St | single_family | 2 | 1 | 880 | $700,000 | 2026-06-01 |
| 1900 SW 21st Ave | single_family | 2 | 1 | 1,053 | $730,000 | 2026-05-28 |
| 1941 SW 33rd Ave | single_family | 2 | 1 | 1,039 | $690,000 | 2026-05-07 |
| 1633 SW 30th Ave | single_family | 2 | 2 | 855 | $530,000 | 2026-04-30 |
| 1345 SW 17th St | single_family | 2 | 1 | 1,479 | $950,000 | 2026-04-29 |
| 3015 SW 24th Ter | single_family | 2 | 1 | 1,404 | $600,000 | 2026-04-17 |
| 2845 SW 21st Ter | single_family | 2 | 1 | 1,424 | $520,000 | 2026-04-16 |
| 2431 SW 22nd Ter | single_family | 2 | 1 | 1,112 | $830,000 | 2026-04-15 |
| 2319 SW 22nd Ter | single_family | 2 | 2 | 1,689 | $660,000 | 2026-04-14 |
| 1411 SW 23rd Ter | single_family | 2 | 1 | 1,288 | $850,000 | 2026-04-14 |
| 2560 SW 19th Ter | single_family | 2 | 2 | 1,192 | $780,000 | 2026-04-14 |
| 3258 SW 22nd Ter | single_family | 2 | 1 | 1,580 | $550,000 | 2026-04-08 |
| 2426 SW 17th Ave | single_family | 2 | 1 | 944 | $700,000 | 2026-03-27 |
| 1781 SW 24th St | single_family | 2 | 2 | 1,351 | $875,000 | 2026-03-25 |
| 2102 SW 14th Ave | single_family | 2 | 1 | 783 | $350,000 | 2026-03-17 |
| 2150 SW 20th St | single_family | 2 | 1 | 1,800 | $600,000 | 2026-03-13 |
| 3689 SW 1st Ave | single_family | 2 | 1 | 1,564 | $950,000 | 2026-03-02 |
| 3088 SW 20th St | single_family | 2 | 1 | 1,413 | $630,000 | 2026-02-18 |
| 2375 SW 32nd Ave | single_family | 2 | 1 | 804 | $575,000 | 2026-02-09 |
| 1780 SW 21st St | single_family | 2 | 1 | 1,240 | $785,000 | 2026-02-09 |
| 3321 SW 18th St | single_family | 2 | 2 | 1,299 | $780,000 | 2026-01-13 |
| 3160 SW 19th Ter | single_family | 2 | 1 | 1,037 | $750,000 | 2026-01-08 |
| 2011 SW 17th Ter | single_family | 2 | 2 | 1,885 | $610,000 | 2025-12-29 |
| 1762 SW 22nd Ter | single_family | 2 | 1 | 704 | $399,000 | 2025-12-15 |
| 1500 SW 23rd St | single_family | 2 | 1 | 782 | $630,000 | 2025-11-19 |
| 2473 SW 14th St | single_family | 2 | 1 | 1,641 | $542,000 | 2025-11-13 |
| 1508 SW 15th St | single_family | 2 | 2 | 1,774 | $950,000 | 2025-10-30 |
| 1711 SW 18th St | single_family | 2 | 1 | 1,031 | $880,000 | 2025-10-27 |
| 2121 SW 20th St | single_family | 2 | 2 | 1,282 | $850,000 | 2025-10-20 |
| 3241 SW 20th St | single_family | 2 | 1 | 1,039 | $660,000 | 2025-10-16 |
| 2283 SW 17th St | single_family | 2 | 1 | 1,428 | $567,000 | 2025-10-15 |
| 2305 SW 19th Ter | single_family | 2 | 2 | 1,331 | $910,000 | 2025-10-10 |
| 2181 SW 20th St | single_family | 2 | 2 | 1,582 | $1,050,000 | 2025-09-22 |
| 3155 SW 23rd Ter | single_family | 2 | 1 | 1,051 | $670,000 | 2025-08-29 |
| 1824 SW 24th St | single_family | 2 | 1 | 1,405 | $801,000 | 2025-08-29 |
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 |
|---|---|---|---|---|---|---|
| 1650 Coral Way Ph 9 | condos | 2 | 2 | 1,447 | $520,000 | — |
| 3605 SW 18th Ter | single_family | 2 | 1 | 1,272 | $780,000 | — |
| 1914 SW 17th Ave Apt 24 | condos | 2 | 2 | 970 | $365,000 | — |
| 3530 SW 22nd St Apt 902 | condos | 2 | 2 | 1,100 | $499,000 | — |
| 1525 SW 19th Ter | single_family | 2 | 2 | 2,007 | $1,290,000 | — |
| 1233 SW 13th St | single_family | 2 | 2 | 1,362 | $850,000 | — |
| 3180 SW 22nd Ter Unit 601 | condos | 2 | 2 | 1,134 | $435,000 | — |
| 3500 Coral Way Ph 10 | condos | 2 | 2 | 842 | $399,000 | — |
10-year hold projection
IRR-5.4%
Equity multiple0.10x
Total return (10yr)-$75,004
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $813,700 | $5,154 | -$45,323 | $625,148 | $188,552 |
| 2 | $838,111 | $5,443 | -$45,077 | $617,825 | $220,286 |
| 3 | $863,254 | $5,744 | -$44,821 | $609,999 | $253,255 |
| 4 | $889,152 | $6,057 | -$44,553 | $601,636 | $287,516 |
| 5 | $915,827 | $6,384 | -$44,274 | $592,699 | $323,128 |
| 6 | $943,301 | $6,723 | -$43,982 | $583,148 | $360,154 |
| 7 | $971,600 | $7,077 | -$43,678 | $572,941 | $398,660 |
| 8 | $1,000,748 | $7,445 | -$43,360 | $562,033 | $438,716 |
| 9 | $1,030,771 | $7,828 | -$43,029 | $550,376 | $480,395 |
| 10 | $1,061,694 | $8,227 | -$42,683 | $537,918 | $523,776 |
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.