10785 SW 217th St
Miami, FL 33170 · single_family · For Sale · 78 days on market
Asking price$528,910
2 beds 1 baths 1,398 sqft
Suggested offer$519,567$9,343 above the est. market value of $519,567.
View on Realtor.com →Listed by Kesha Williams · LA ROSA REALTY JACKSONVILLE, LLC.
Typesingle_family
Built1950
Price / sqft$378
Est. value (own analysis)$519,567
Rent estimate (Zillow ZIP avg)$2,406/mo
HOANone
1 / 2
Show every detail
Statusfor_sale
Listed date2026-06-16
Removed date—
MLSrealMLS #2149155
Coordinates25.56573, -80.36626
Address10785 SW 217th St
CityMiami
StateFL
Zip33170
Listing ID5466469517
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33170)
Typical home value (ZHVI)$572,990
Typical rent (ZORI)$2,406/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 | $528,910 |
| Down payment (20.0%) | $105,782 |
| Loan amount | $423,128 |
| Closing costs (5.0%) | $26,446 |
| Total cash to close | $132,228 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,406$28,870 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,213$26,560 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $837$10,049 |
| Insurance (placeholder 0.8% of price) | $353$4,231 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $120$1,444 |
| Total operating expenses | $1,310$15,724 |
| 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) | $120$1,444 |
| 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 | 1,914 | $2,200 | 2026-07-20 | — | |
| single_family | 2 | 1 | 1,091 | $2,500 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 10955 SW 217th Ter | single_family | 2 | 1 | 918 | $445,000 | 2026-08-21 |
| 10930 SW 216th St | single_family | 2 | 1 | 720 | $220,000 | 2026-07-29 |
| 13251 SW 224th St | single_family | 2 | 1 | 3,322 | $845,000 | 2026-07-06 |
| 23060 SW 155th Ave | single_family | 2 | 1 | 1,376 | $545,000 | 2026-06-26 |
| 22300 SW 109th Ave | single_family | 2 | 2 | 1,296 | $450,000 | 2026-05-22 |
| 21640 SW 119th Ave | single_family | 2 | 1 | 572 | $280,000 | 2026-02-23 |
| 16530 SW 232nd St | single_family | 2 | 1 | 2,362 | $1,200,000 | 2025-12-02 |
| 23100 SW 123rd Ave | single_family | 2 | 1 | 837 | $215,000 | 2025-11-05 |
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 |
|---|---|---|---|---|---|---|
| 21625 SW 109th Ave | single_family | 2 | 1 | 920 | $475,000 | — |
| 17350 SW 232nd St Lot 41 | single_family | 2 | 1 | 672 | $35,900 | — |
| 17350 SW 232nd St Lot 47 | mobile | 2 | 2 | 2,201 | $85,000 | — |
| 14000 SW 216th St | single_family | 2 | 1 | 2,993 | $1,650,000 | — |
10-year hold projection
IRR-1.8%
Equity multiple0.71x
Total return (10yr)$30,744
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $544,777 | $10,836 | -$23,237 | $418,540 | $126,237 |
| 2 | $561,121 | $11,240 | -$22,869 | $413,638 | $147,483 |
| 3 | $577,954 | $11,658 | -$22,488 | $408,398 | $169,556 |
| 4 | $595,293 | $12,090 | -$22,094 | $402,799 | $192,493 |
| 5 | $613,152 | $12,538 | -$21,685 | $396,816 | $216,336 |
| 6 | $631,546 | $13,001 | -$21,262 | $390,421 | $241,125 |
| 7 | $650,493 | $13,479 | -$20,824 | $383,588 | $266,905 |
| 8 | $670,007 | $13,975 | -$20,370 | $376,285 | $293,722 |
| 9 | $690,108 | $14,488 | -$19,901 | $368,481 | $321,627 |
| 10 | $710,811 | $15,018 | -$19,414 | $360,140 | $350,671 |
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.