21 SW 59th Ave
Miami, FL 33144 · single_family · For Sale · 25 days on market
Asking price$749,000
2 beds 2 baths 1,228 sqft
Suggested offer$563,010$185,990 above the est. market value of $563,010.
View on Realtor.com →Listed by Lindsey Clark · Charles Rutenberg Realty Fort
Typesingle_family
Built1951
Price / sqft$610
Est. value (own analysis)$563,010
Rent estimate (own analysis)$2,700/mo
HOANone
1 / 36
Show every detail
Statusfor_sale
Listed date2026-08-08
Removed date—
MLSMiamiMLS #A12040485
Coordinates25.77016, -80.29134
Address21 SW 59th Ave
CityMiami
StateFL
Zip33144
Listing ID5439098126
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33144)
Typical home value (ZHVI)$626,128
Typical rent (ZORI)$2,322/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 | $749,000 |
| Down payment (20.0%) | $149,800 |
| Loan amount | $599,200 |
| Closing costs (5.0%) | $37,450 |
| Total cash to close | $187,250 |
| Income | |
| Rent (comp-derived) | $2,700$32,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,484$29,808 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,186$14,231 |
| Insurance (placeholder 0.8% of price) | $499$5,992 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $135$1,620 |
| Total operating expenses | $1,820$21,843 |
| 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) | $135$1,620 |
| 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 | 1 | 1,104 | $2,500 | 2026-08-13 | — | |
| single_family | 2 | 1 | 980 | $2,700 | 2026-07-12 | — | |
| single_family | 2 | 1 | 900 | $3,200 | — | — | |
| single_family | 2 | 2 | 1,072 | $2,700 | 2026-08-26 | — | |
| single_family | 2 | 1 | 1,000 | $3,000 | 2026-08-10 | — |
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 |
|---|---|---|---|---|---|---|
| 1001 SW 72nd Ct | single_family | 2 | 1 | 1,110 | $689,900 | 2026-08-14 |
| 6741 SW 5th Ter | single_family | 2 | 1 | 1,020 | $490,000 | 2026-08-07 |
| 50 SW 58th Ct | single_family | 2 | 1 | 1,294 | $500,000 | 2026-07-31 |
| 7311 SW 15th St | single_family | 2 | 1 | 929 | $485,000 | 2026-07-27 |
| 635 SW 64th Ct | single_family | 2 | 1 | 1,048 | $573,000 | 2026-07-21 |
| 6457 SW 10th St | single_family | 2 | 1 | 1,029 | $620,000 | 2026-07-17 |
| 710 Tamiami Blvd | single_family | 2 | 1 | 967 | $440,000 | 2026-07-15 |
| 444 SW 64th Ave | single_family | 2 | 1 | 1,611 | $820,000 | 2026-07-14 |
| 6431 SW 4th St | single_family | 2 | 1 | 910 | $325,000 | 2026-07-10 |
| 6261 SW 6th St | single_family | 2 | 1 | 1,126 | $390,000 | 2026-06-18 |
| 1081 SW 63rd Ave | single_family | 2 | 1 | 1,419 | $610,000 | 2026-06-08 |
| 665 SW 64th Ct | single_family | 2 | 1 | 800 | $390,000 | 2026-05-27 |
| 421 Florida Blvd | single_family | 2 | 1 | 1,287 | $491,738 | 2026-05-05 |
| 1000 SW 62nd Ave | single_family | 2 | 1 | 1,413 | $570,000 | 2026-04-28 |
| 5942282477 | single_family | 2 | 1 | 1,205 | $530,000 | 2026-04-21 |
| 7160 SW 15th St | single_family | 2 | 1 | 774 | $525,000 | 2026-04-10 |
| 830 SW 72nd Ave | single_family | 2 | 1 | 1,485 | $460,000 | 2026-04-08 |
| 6830 SW 5th Ter | single_family | 2 | 1 | 1,050 | $652,000 | 2026-03-12 |
| 5834 SW 4th St | single_family | 2 | 1 | 936 | $500,000 | 2026-03-09 |
| 1020 SW 72nd Ave | single_family | 2 | 2 | 1,319 | $580,000 | 2026-02-09 |
| 55 SW 62nd Ct | single_family | 2 | 1 | 1,460 | $536,100 | 2026-01-27 |
| 6125 SW 2nd St | single_family | 2 | 1 | 1,156 | $530,000 | 2025-11-26 |
| 110 SW 64th Ct | single_family | 2 | 2 | 1,105 | $520,000 | 2025-10-17 |
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 |
|---|---|---|---|---|---|---|
| 900 SW 84th Ave Unit 301E | condos | 2 | 2 | 804 | $285,000 | — |
| 6820 W Flagler St Apt 407 | condos | 2 | 1 | 726 | $235,000 | — |
| 5940 SW 2nd St | single_family | 2 | 1 | 890 | $579,998 | — |
| 6820 W Flagler St Apt 207 | condos | 2 | 1 | 726 | $250,000 | — |
| 6820 W Flagler St Apt 101 | condos | 2 | 2 | 813 | $199,000 | — |
| 201 SW 62nd Ave | single_family | 2 | 2 | 1,221 | $669,900 | — |
| 5931 SW 14th St | single_family | 2 | 1 | 1,172 | $565,000 | — |
| 6437 SW 10th St | single_family | 2 | 1 | 1,449 | $600,400 | — |
10-year hold projection
IRR-4.3%
Equity multiple0.28x
Total return (10yr)-$36,431
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $771,470 | $7,965 | -$39,862 | $592,703 | $178,767 |
| 2 | $794,614 | $8,313 | -$39,555 | $585,761 | $208,854 |
| 3 | $818,453 | $8,675 | -$39,235 | $578,341 | $240,111 |
| 4 | $843,006 | $9,049 | -$38,903 | $570,412 | $272,594 |
| 5 | $868,296 | $9,439 | -$38,557 | $561,938 | $306,358 |
| 6 | $894,345 | $9,842 | -$38,198 | $552,883 | $341,462 |
| 7 | $921,176 | $10,261 | -$37,825 | $543,206 | $377,970 |
| 8 | $948,811 | $10,696 | -$37,437 | $532,864 | $415,947 |
| 9 | $977,275 | $11,146 | -$37,035 | $521,812 | $455,463 |
| 10 | $1,006,593 | $11,614 | -$36,617 | $510,001 | $496,593 |
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.