8700 SW 175th St
Palmetto Bay, FL 33157 · single_family · For Sale · 87 days on market
Asking price$1,995,000
5 beds 4 baths 3,750 sqft
Suggested offer$1,674,113$320,888 above the est. market value of $1,674,113.
View on Realtor.com →Listed by Jose Peyrellade · Re/Max New Horizons
Typesingle_family
Built1972
Price / sqft$532
Est. value (own analysis)$1,674,113
Rent estimate (own analysis)$9,250/mo
HOANone
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Statusfor_sale
Listed date2026-06-07
Removed date—
MLSMiamiMLS #A12032563
Coordinates25.60761, -80.33271
Address8700 SW 175th St
CityPalmetto Bay
StateFL
Zip33157
Listing ID5428283298
Sourceus-real-estate-listings, cached 2026-08-31
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 | $1,995,000 |
| Down payment (20.0%) | $399,000 |
| Loan amount | $1,596,000 |
| Closing costs (5.0%) | $99,750 |
| Total cash to close | $498,750 |
| Income | |
| Rent (comp-derived) | $9,250$111,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $8,510$102,120 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $3,159$37,905 |
| Insurance (placeholder 0.8% of price) | $1,330$15,960 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $463$5,550 |
| Total operating expenses | $4,951$59,415 |
| 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) | $463$5,550 |
| 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 | 5 | 5 | 3,982 | $6,200 | 2026-08-25 | — | |
| single_family | 5 | 4 | 3,639 | $9,500 | 2026-02-26 | — | |
| single_family | 5 | 4 | 3,399 | $5,500 | 2026-06-06 | — | |
| single_family | 5 | 4 | 3,129 | $10,700 | 2026-08-31 | — | |
| single_family | 5 | 4 | 4,559 | $10,500 | 2026-05-20 | — | |
| single_family | 5 | 5 | 4,200 | $17,000 | 2026-05-29 | — | |
| single_family | 5 | 4 | 3,312 | $9,000 | 2026-06-25 | — | |
| single_family | 5 | 4 | 2,702 | $7,000 | 2026-07-13 | — |
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 |
|---|---|---|---|---|---|---|
| 10315 SW 200th St | single_family | 5 | 3 | 2,278 | $550,000 | 2026-08-28 |
| 8298 SW 173rd Ter | single_family | 5 | 5 | 3,047 | $1,680,000 | 2026-08-26 |
| 19711 Whispering Pines Rd | single_family | 5 | 2 | 2,130 | $699,000 | 2026-08-14 |
| 7600 SW 168th St | single_family | 5 | 3 | 2,112 | $1,595,000 | 2026-08-07 |
| 16889 SW 73rd Ct | single_family | 5 | 3 | 3,985 | $2,700,000 | 2026-08-06 |
| 18601 SW 98th Ave | single_family | 5 | 3 | 2,176 | $645,000 | 2026-08-03 |
| 16085 SW 84th Pl | single_family | 5 | 3 | 3,102 | $1,600,000 | 2026-07-30 |
| 7605 SW 160th Ter | single_family | 5 | 3 | 3,248 | $1,400,000 | 2026-07-21 |
| 19528 SW 79th Pl | single_family | 5 | 4 | 3,061 | $850,000 | 2026-07-20 |
| 7613 SW 188th Ter | single_family | 5 | 4 | 4,717 | $1,100,000 | 2026-07-17 |
| 7786 SW 188th Ter | single_family | 5 | 4 | 3,945 | $1,339,000 | 2026-07-13 |
| 17721 SW 75th Ave | single_family | 5 | 3 | 3,610 | $1,650,000 | 2026-07-06 |
| 15210 SW 74th Ct | single_family | 5 | 5 | 3,963 | $1,790,000 | 2026-06-26 |
| 8513 SW 169th Ter | single_family | 5 | 4 | 3,517 | $1,799,000 | 2026-06-26 |
| 8765 SW 175th St | single_family | 5 | 4 | 2,337 | $1,685,000 | 2026-06-23 |
| 16230 SW 89th Ct | single_family | 5 | 4 | 3,209 | $1,476,000 | 2026-06-22 |
| 7944 SW 187th St | single_family | 5 | 3 | 2,935 | $1,185,000 | 2026-06-22 |
| 16723 SW 78th Pl | single_family | 5 | 4 | 3,535 | $1,600,000 | 2026-06-18 |
| 9078 SW 157th St | single_family | 5 | 3 | 3,696 | $400,000 | 2026-06-16 |
| 17914 SW 83rd Ct | single_family | 5 | 4 | 3,375 | $970,000 | 2026-06-16 |
| 19112 SW 95th Ave | single_family | 5 | 3 | 2,047 | $635,000 | 2026-06-15 |
| 7231 SW 174th St | single_family | 5 | 3 | 3,023 | $2,250,000 | 2026-06-15 |
| 16255 SW 82nd Ave | single_family | 5 | 4 | 2,970 | $1,925,000 | 2026-06-12 |
| 7720 SW 176th St | single_family | 5 | 4 | 3,282 | $1,500,000 | 2026-06-12 |
| 9805 Marlin Rd | single_family | 5 | 2 | 1,360 | $600,000 | 2026-06-05 |
| 7521 SW 175th St | single_family | 5 | 4 | 2,722 | $1,175,000 | 2026-06-05 |
| 8561 SW 167th Ter | single_family | 5 | 4 | 3,771 | $1,750,000 | 2026-06-04 |
| 7796 SW 193rd Ln | single_family | 5 | 4 | 3,459 | $900,000 | 2026-06-02 |
| 7996 SW 195th St | single_family | 5 | 5 | 3,982 | $1,085,000 | 2026-06-01 |
| 8255 SW 184th St | single_family | 5 | 6 | 6,122 | $3,175,000 | 2026-05-11 |
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 |
|---|---|---|---|---|---|---|
| 11600 SW 181st Ter | single_family | 5 | 4 | 2,200 | $685,000 | — |
| 10750 SW 173rd St | single_family | 5 | 3 | 2,685 | $699,999 | — |
| 10660 SW 164th St | single_family | 5 | 3 | 2,255 | $730,000 | — |
| 9710 SW 159th St | single_family | 5 | 4 | 2,161 | $700,000 | — |
| 10300 SW 155th St | single_family | 5 | 3 | 1,590 | $760,000 | — |
| 10215 SW 171st St | single_family | 5 | 4 | 2,210 | $600,000 | — |
| 15725 SW 102nd Pl | single_family | 5 | 3 | 2,060 | $699,000 | — |
| 11617 SW 171st St | single_family | 5 | 4 | 1,862 | $650,000 | — |
10-year hold projection
IRR-1.5%
Equity multiple0.75x
Total return (10yr)$135,805
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $2,054,850 | $42,705 | -$85,921 | $1,578,696 | $476,154 |
| 2 | $2,116,496 | $44,283 | -$84,481 | $1,560,203 | $556,292 |
| 3 | $2,179,990 | $45,916 | -$82,991 | $1,540,441 | $639,550 |
| 4 | $2,245,390 | $47,606 | -$81,447 | $1,519,321 | $726,069 |
| 5 | $2,312,752 | $49,354 | -$79,848 | $1,496,751 | $816,000 |
| 6 | $2,382,134 | $51,162 | -$78,193 | $1,472,632 | $909,503 |
| 7 | $2,453,598 | $53,033 | -$76,479 | $1,446,856 | $1,006,743 |
| 8 | $2,527,206 | $54,969 | -$74,704 | $1,419,309 | $1,107,897 |
| 9 | $2,603,023 | $56,971 | -$72,867 | $1,389,872 | $1,213,151 |
| 10 | $2,681,113 | $59,042 | -$70,965 | $1,358,412 | $1,322,701 |
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.