19800 SW 180th Ave Lot 569

Miami, FL 33187 · condos · For Sale · 2 days on market
Asking price$320,000
3 beds 2 baths 1,690 sqft
View on Realtor.com →
Listed by Joel Gonzalez · The MOC Group, LLC.
Typecondos
Built1997
Price / sqft$189
Est. value (Zillow ZIP avg)$720,811
Rent estimate (own analysis)$2,700/mo
HOA$218/mo
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Neighborhood

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Statusfor_sale
Listed date2026-09-01
Removed date
MLSMiamiMLS #A12081034
Coordinates25.58173, -80.48098
Address19800 SW 180th Ave Lot 569
CityMiami
StateFL
Zip33187
Listing ID5505747820
Sourceus-real-estate-listings, cached 2026-09-02

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$320,000
Down payment (20.0%)$64,000
Loan amount$256,000
Closing costs (5.0%)$16,000
Total cash to close$80,000
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)$507$6,080
Insurance (placeholder 0.8% of price)$213$2,560
HOA dues$218$2,616
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$135$1,620
Total operating expenses$1,073$12,876
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$29,808
Total operating expenses derived$12,876

$29,808 − $12,876 = $16,932

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$256,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$256,000 amortized at 6.7% over 30 years = $1,645/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$16,932
Annual debt service derived$19,741
Annual CapEx reserve assumption$1,620
Annual PMI assumption$0

($16,932 − $19,741 − $1,620 − $0) ÷ 12 = -$369

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$16,932
Purchase price data$320,000

$16,932 ÷ $320,000 = 5.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$4,429
Total cash to close derived$80,000

-$4,429 ÷ $80,000 = -5.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$16,932
Annual debt service derived$19,741

$16,932 ÷ $19,741 = 0.86

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$320,000

($32,400 ÷ 12) ÷ $320,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$320,000
Gross scheduled rent (annual) comp$32,400

$320,000 ÷ $32,400 = 9.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$12,876
Effective gross income derived$29,808

$12,876 ÷ $29,808 = 43.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$12,876
Annual debt service derived$19,741
Annual PMI assumption$0
Gross scheduled rent (annual) comp$32,400

($12,876 + $19,741 + $0) ÷ $32,400 = 100.7%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos321,190$2,8502026-08-20
condos331,539$2,7002026-08-20
condos321,108$2,6002026-08-19
condos321,276$2,9002026-08-19
apartment321,700$2,8502026-08-18
condos321,120$2,5002026-08-18
condos321,150$2,5002026-08-18
condos331,790$3,2002026-08-17
condos321,233$2,7502026-08-17
condos331,486$2,8002026-08-16
condos321,258$2,4502026-08-15
condos331,220$2,4002026-08-13
apartment321,110$2,8002026-08-11
condos321,147$2,5002026-08-11
apartment321,200$2,7002026-08-11
apartment321,200$2,7002026-08-11
condos321,150$2,7002026-08-07
condos331,220$2,5502026-08-07
apartment321,277$2,3752026-08-06
apartment322,159$4,5002026-07-27
condos331,812$3,0002026-07-27
condos321,120$2,4502026-07-27
condos331,220$2,6002026-07-25
condos321,262$2,7002026-07-24
apartment312,066$2,8002026-07-23
condos321,190$2,6002026-07-23
condos321,150$2,5992026-07-22

15781 SW 106th Ter Apt 104

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,190
Listed2026-08-20
Days on market

Asking rent: $2,850

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10009 SW 228th Ter

Miami, 33190 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,539
Listed2026-08-20
Days on market

Asking rent: $2,700

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12990 SW 88th Ln Unit B203

Miami, 33186 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,108
Listed2026-08-19
Days on market

Asking rent: $2,600

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11002 SW 122nd Pl Unit 11002

Miami, 33186 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,276
Listed2026-08-19
Days on market

Asking rent: $2,900

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6882 SW 157th Ct Unit 1

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,700
Listed2026-08-18
Days on market

Asking rent: $2,850

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15761 SW 137th Ave Apt 202

Miami, 33177 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,120
Listed2026-08-18
Days on market

Asking rent: $2,500

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14829 SW 80th St Unit 202-3

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,150
Listed2026-08-18
Days on market

Asking rent: $2,500

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10151 SW 154th Cir Ct Unit 108-4

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,790
Listed2026-08-17
Days on market

Asking rent: $3,200

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8806 SW 130th Ct Unit 102

Miami, 33186 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,233
Listed2026-08-17
Days on market

Asking rent: $2,750

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15560 SW 136th St Unit 213

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,486
Listed2026-08-16
Days on market

Asking rent: $2,800

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15665 SW 82nd Cir Ln Unit 4-6

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,258
Listed2026-08-15
Days on market

Asking rent: $2,450

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6235 SW Kendale Lakes Cir Apt 239

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,220
Listed2026-08-13
Days on market

Asking rent: $2,400

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11982 SW 213th St Unit 11982

Miami, 33177 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,110
Listed2026-08-11
Days on market

Asking rent: $2,800

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14170 SW 84th St Apt 402F

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,147
Listed2026-08-11
Days on market

Asking rent: $2,500

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12040 SW 214th Ter Unit 2

Miami, 33177 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-08-11
Days on market

Asking rent: $2,700

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12040 SW 214th Ter Unit 1

Miami, 33177 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-08-11
Days on market

Asking rent: $2,700

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8820 SW 123rd Ct Unit L103

Miami, 33186 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,150
Listed2026-08-07
Days on market

Asking rent: $2,700

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6245 Kendale Lakes County Rd Unit 215

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,220
Listed2026-08-07
Days on market

Asking rent: $2,550

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8460 SW 154th Cir Ct Apt 111

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,277
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Days on market

Asking rent: $2,375

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213 NE 27th St Unit A

Miami, 33137 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,159
Listed2026-07-27
Days on market

Asking rent: $4,500

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23172 SW 130th Ave Unit 23172

Miami, 33170 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,812
Listed2026-07-27
Days on market

Asking rent: $3,000

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7640 SW 153rd Ct Apt 101

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,120
Listed2026-07-27
Days on market

Asking rent: $2,450

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6225 Kendale Lakes Cir Unit 253

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,220
Listed2026-07-25
Days on market

Asking rent: $2,600

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13700 SW 62nd St Apt 143

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,262
Listed2026-07-24
Days on market

Asking rent: $2,700

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10200 SW 171st St Unit B

Miami, 33157 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage2,066
Listed2026-07-23
Days on market

Asking rent: $2,800

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15771 SW 106th Ter Apt 302

Miami, 33196 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,190
Listed2026-07-23
Days on market

Asking rent: $2,600

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14835 SW 80th St Unit 102-6

Miami, 33193 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,150
Listed2026-07-22
Days on market

Asking rent: $2,599

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.

No recent recorded sales cached yet for this ZIP.

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
19800 SW 180th Ave Lot 105mobile321,690$310,000
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

10-year hold projection

IRR7.0%
Equity multiple2.10x
Total return (10yr)$130,058
YearProperty valueNOICash flowLoan balanceEquity
1$329,600$16,932-$4,429$253,224$76,376
2$339,488$17,504-$3,898$250,258$89,230
3$349,673$18,095-$3,348$247,088$102,584
4$360,163$18,706-$2,780$243,701$116,462
5$370,968$19,336-$2,193$240,081$130,887
6$382,097$19,988-$1,587$236,212$145,885
7$393,560$20,660-$960$232,078$161,482
8$405,366$21,355-$313$227,659$177,707
9$417,527$22,072$356$222,938$194,590
10$430,053$22,812$1,048$217,892$212,162
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.