19800 SW 180th Ave Lot 105

Miami, FL 33187 · mobile · For Sale · 118 days on market
Asking price$310,000
3 beds 2 baths 1,690 sqft
Suggested offer$285,000$25,000 above the est. market value of $285,000.
View on Realtor.com →
Listed by Joel Gonzalez · The MOC Group, LLC.
Typemobile
Built1993
Price / sqft$183
Est. value (own analysis)$285,000
Rent estimate (own analysis)$2,700/mo
HOA$368/mo
Wind10/10Extreme$Heat10/10ExtremeFlood5/10major$Wildfire3/10ModerateAir2/10Minor
Street view
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-07
Removed date
MLSMiamiMLS #A12014852
Coordinates25.58173, -80.48098
Address19800 SW 180th Ave Lot 105
CityMiami
StateFL
Zip33187
Listing ID5485996871
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33187)

Typical home value (ZHVI)$720,811
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)

Purchase price$310,000
Down payment (20.0%)$62,000
Loan amount$248,000
Closing costs (5.0%)$15,500
Total cash to close$77,500
Rent (comp-derived)$2,700$32,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$32,400
Vacancy rate (assumption) assumption8.0%

$32,400 × 8.0% = $2,592

Effective gross income$2,484$29,808
Property tax (placeholder 1.9% of price)$491$5,890
Insurance (est. scaled by flood & wind risk)$362$4,340
HOA dues$368$4,416
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$135$1,620
Total operating expenses$1,356$16,266
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$29,808
Total operating expenses derived$16,266

$29,808 − $16,266 = $13,542

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$248,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$248,000 amortized at 6.7% over 30 years = $1,594/mo

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

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$13,542
Annual debt service derived$19,125
Annual CapEx reserve assumption$1,620
Annual PMI assumption$0

($13,542 − $19,125 − $1,620 − $0) ÷ 12 = -$600

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,542
Purchase price data$310,000

$13,542 ÷ $310,000 = 4.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$7,203
Total cash to close derived$77,500

-$7,203 ÷ $77,500 = -9.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,542
Annual debt service derived$19,125

$13,542 ÷ $19,125 = 0.71

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$32,400
Purchase price data$310,000

($32,400 ÷ 12) ÷ $310,000 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$310,000
Gross scheduled rent (annual) comp$32,400

$310,000 ÷ $32,400 = 9.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,266
Effective gross income derived$29,808

$16,266 ÷ $29,808 = 54.6%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$16,266
Annual debt service derived$19,125
Annual PMI assumption$0
Gross scheduled rent (annual) comp$32,400

($16,266 + $19,125 + $0) ÷ $32,400 = 109.2%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
mobile321,430$2,7002026-08-10
mobile321,690$2,7002026-07-10

19800 SW 180th Ave Lot 222

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,430
Listed2026-08-10
Days on market

Asking rent: $2,700

View on Zillow →

19800 SW 180th Ave Lot 588

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,690
Listed2026-07-10
Days on market

Asking rent: $2,700

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
19800 SW 180th Ave Lots 82 & 81mobile321,690$285,0002026-07-15
19800 SW 180th Ave Lot 247mobile321,170$260,0002026-07-13
19800 SW 180th Ave Lot 320mobile321,690$268,0002026-06-01
19800 SW 180th Ave Lot 144mobile321,690$225,0002026-03-13
19800 SW 180th Ave Lot 51mobile321,170$245,0002026-02-13
19800 Sw # 180mobile321,690$270,0002026-02-10
19800 SW 180th Ave Lot 394mobile321,170$182,0002025-12-29
19800 SW 180th Ave Lot 573mobile321,170$260,0002025-11-25
5498630025mobile321,690$310,0002025-11-18
19800 SW 180th Ave Lot 5mobile321,430$180,0002025-10-17
19800 SW 180th Ave Lot 123mobile321,170$240,0002025-09-05

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.

AddressTypeBedsBathsSqftAsking priceDays on market
15481 SW 155th Tersingle_family321,448$724,800
19651 SW 168th Stsingle_family331,905$2,800,000
14770 SW 172nd Stsingle_family321,465$645,000
18062 SW 147th Cttownhomes331,520$480,000
15431 SW 177th Tersingle_family321,618$689,900
single_family322,020$782,999
19800 SW 180th Ave Lot 131mobile321,430$300,000
18324 SW 148th Rdtownhomes331,520$480,000

10-year hold projection

IRR4.3%
Equity multiple1.69x
Total return (10yr)$93,618
YearProperty valueNOICash flowLoan balanceEquity
1$319,300$13,542-$7,203$245,311$73,989
2$328,879$14,030-$6,755$242,438$86,441
3$338,745$14,534-$6,293$239,367$99,378
4$348,908$15,055-$5,814$236,085$112,822
5$359,375$15,595-$5,318$232,578$126,797
6$370,156$16,152-$4,805$228,830$141,326
7$381,261$16,729-$4,274$224,825$156,436
8$392,699$17,325-$3,725$220,545$172,154
9$404,480$17,941-$3,157$215,971$188,509
10$416,614$18,579-$2,569$211,083$205,532
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.