20200 NE 14th Ave
Miami, FL 33179 · single_family · For Sale · 58 days on market
Asking price$1,395,000
9 beds 7 baths — sqft
Suggested offer$837,500$557,500 above the est. market value of $837,500.
View on Realtor.com →Listed by Michael Alfred · Grant and Associates Real Estate INC
Typesingle_family
Built1954
Price / sqft—
Est. value (own analysis)$837,500
Rent estimate (own analysis)$55,000/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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⚠ Cap rate of 38.0% is above the 20% sanity ceiling — verify the underlying price, rent, and expense data before trusting this. Cash-on-cash return of 117.8% is above the 50% sanity ceiling for a standard buy-and-hold — verify inputs before trusting this.
Show every detail
Statusfor_sale
Listed date2026-07-06
Removed date—
MLSMiamiMLS #A12047525
Coordinates25.96135, -80.17437
Address20200 NE 14th Ave
CityMiami
StateFL
Zip33179
Listing ID5562758415
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33179)
Typical home value (ZHVI)$274,207
Typical rent (ZORI)$2,257/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 | $1,395,000 |
| Down payment (20.0%) | $279,000 |
| Loan amount | $1,116,000 |
| Closing costs (5.0%) | $69,750 |
| Total cash to close | $348,750 |
| Income | |
| Rent (comp-derived) | $55,000$660,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $50,600$607,200 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,209$26,505 |
| Insurance (est. scaled by flood & wind risk) | $1,488$17,856 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $2,750$33,000 |
| Total operating expenses | $6,447$77,361 |
| 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) | $2,750$33,000 |
| 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 | 9 | 8 | 5,649 | $55,000 | 2025-10-20 | — | |
| single_family | 9 | 8 | 4,729 | $55,000 | 2025-08-13 | — | |
| single_family | 9 | 9 | 5,123 | $50,000 | 2025-11-20 | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 2010 NE 196th Ter | single_family | 3 | 2 | — | $1,600,000 | 2026-09-01 |
| 2021 NE 212th St | single_family | 5 | 5 | 3,880 | $2,600,000 | 2026-08-31 |
| 19329 NE 8th Ct | single_family | 4 | 3 | 2,223 | $850,000 | 2026-08-28 |
| 1890 NE 211th Ter | single_family | 4 | 3 | 2,148 | $1,365,000 | 2026-08-25 |
| 1940 NE 186th Dr | single_family | 3 | 2 | 2,675 | $1,400,000 | 2026-08-20 |
| 1010 NE 204th Ter | single_family | 3 | 3 | 2,149 | $650,100 | 2026-08-13 |
| 1111 NE 200th Ter | single_family | 4 | 3 | 2,103 | $656,000 | 2026-08-12 |
| 1271 NE 211th St | single_family | 4 | 2 | 1,673 | $475,000 | 2026-08-12 |
| 21304 NE 19th Ct | single_family | 4 | 3 | 2,148 | $1,000,000 | 2026-08-11 |
| 20800 Highland Lakes Blvd | single_family | 3 | 2 | 2,442 | $900,000 | 2026-08-06 |
| 2101 NE 211th Ter | single_family | 4 | 4 | 3,006 | $1,535,000 | 2026-08-04 |
| 1900 NE 210th St | single_family | 4 | 4 | 2,506 | $1,175,000 | 2026-08-03 |
| 2140 NE 206th St | single_family | 5 | 3 | 2,287 | $1,010,000 | 2026-07-31 |
| 878 NE 191st St | single_family | 3 | 3 | 2,124 | $689,000 | 2026-07-29 |
| 21490 Highland Lakes Blvd | single_family | 3 | 2 | 1,845 | $2,060,000 | 2026-07-27 |
| 65 NE 209th Ter | single_family | 2 | 2 | 1,735 | $495,000 | 2026-07-27 |
| 20411 NE 7th Pl | single_family | 3 | 2 | 1,947 | $648,000 | 2026-07-24 |
| 20515 Highland Lakes Blvd | single_family | 3 | 2 | 1,774 | $775,000 | 2026-07-24 |
| 20730 NE Miami Ct | single_family | 3 | 2 | 1,364 | $495,000 | 2026-07-22 |
| 19411 NE 19th Ct | single_family | 3 | 2 | 1,725 | $825,000 | 2026-07-15 |
| 1030 NE 202nd Ter | single_family | 2 | 2 | 1,668 | $497,000 | 2026-07-09 |
| 1850 NE 197th Ter | single_family | 4 | 3 | 2,556 | $1,850,000 | 2026-07-08 |
| 1925 NE 208th Ter | single_family | 3 | 2 | 2,580 | $1,454,000 | 2026-06-30 |
| 2011 NE 211th Ter | single_family | 4 | 3 | 2,811 | $1,450,000 | 2026-06-29 |
| 5638545970 | single_family | 3 | 2 | 1,781 | $555,000 | 2026-06-26 |
| 18340 NE 20th Ct | single_family | 3 | 1 | 1,466 | $670,000 | 2026-06-26 |
| 1941 NE 186th Dr | single_family | 3 | 2 | 2,270 | $1,650,000 | 2026-06-25 |
| 20141 NE 15th Ave | single_family | 3 | 2 | 1,772 | $485,000 | 2026-06-25 |
| 1961 S Oak Haven Cir | single_family | 5 | 5 | 4,856 | $2,050,000 | 2026-06-17 |
| 1950 NE 195th Dr | single_family | 3 | 2 | 2,511 | $1,500,000 | 2026-06-17 |
| 1980 NE 185th Ter | single_family | 4 | 3 | 2,289 | $940,000 | 2026-06-16 |
| 901 NE 191st St | single_family | 3 | 3 | 2,124 | $740,000 | 2026-06-15 |
| 1220 NE 206th St | single_family | 3 | 2 | 1,166 | $549,000 | 2026-06-11 |
| 1240 NE 214th St | single_family | 4 | 2 | 1,708 | $485,000 | 2026-06-10 |
| 19720 NE 10th Ct | single_family | 4 | 3 | 1,908 | $550,000 | 2026-06-08 |
| 1915 NE 208th Ter | single_family | 4 | 5 | 3,006 | $1,045,000 | 2026-06-02 |
| 1951 NE 194th Dr | single_family | 4 | 3 | 2,637 | $1,250,000 | 2026-06-01 |
| 1870 NE 197th Ter | single_family | 5 | 3 | 2,837 | $1,188,000 | 2026-05-27 |
| 772 NE 191st Ter | single_family | 3 | 3 | 1,936 | $605,000 | 2026-05-27 |
| 2110 NE 198th Ter | single_family | 5 | 3 | 3,412 | $1,651,000 | 2026-05-26 |
| 678 NE 191st Ter | single_family | 4 | 3 | 2,105 | $669,000 | 2026-05-19 |
| 723 NE 193rd St | single_family | 3 | 2 | 1,965 | $620,000 | 2026-05-15 |
| 1880 NE 206th Ter | single_family | 4 | 3 | 2,422 | $1,150,000 | 2026-05-15 |
| 1846 NE 211th Ln | single_family | 4 | 2 | 2,484 | $1,340,000 | 2026-05-13 |
| 650 NE 193rd Ter | single_family | 3 | 2 | 1,808 | $710,000 | 2026-05-11 |
| 1280 NE 211th Ter | single_family | 3 | 2 | 1,012 | $380,000 | 2026-05-08 |
| 1915 NE 213th Ter | single_family | 3 | 2 | 2,354 | $1,350,000 | 2026-05-06 |
| 220 NE 211th St | single_family | 3 | 3 | 1,854 | $505,000 | 2026-05-05 |
| 1270 North Dr | single_family | 5 | 4 | 1,600 | $599,000 | 2026-05-04 |
| 21241 NE 2nd Ave | single_family | 3 | 2 | 1,519 | $495,000 | 2026-05-02 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 2378 NW 60th St | multi_family | 9 | 4 | 2,446 | $880,000 | — |
| 101 NW 68th Ter | multi_family | 9 | 4 | 2,184 | $1,050,000 | — |
| 19900 NE 21st Ct | single_family | 9 | 10 | — | $5,700,000 | — |
| 27 NE 60th Ter | multi_family | 9 | 4 | 2,804 | $1,400,000 | — |
10-year hold projection
IRR121.6%
Equity multiple16.28x
Total return (10yr)$5,509,741
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,436,850 | $529,839 | $410,778 | $1,103,900 | $332,950 |
| 2 | $1,479,956 | $546,121 | $426,235 | $1,090,969 | $388,986 |
| 3 | $1,524,354 | $562,901 | $442,170 | $1,077,150 | $447,204 |
| 4 | $1,570,085 | $580,194 | $458,596 | $1,062,382 | $507,702 |
| 5 | $1,617,187 | $598,017 | $475,530 | $1,046,601 | $570,587 |
| 6 | $1,665,703 | $616,384 | $492,987 | $1,029,735 | $635,968 |
| 7 | $1,715,674 | $635,314 | $510,983 | $1,011,711 | $703,963 |
| 8 | $1,767,144 | $654,821 | $529,534 | $992,449 | $774,695 |
| 9 | $1,820,159 | $674,926 | $548,658 | $971,865 | $848,294 |
| 10 | $1,874,763 | $695,645 | $568,372 | $949,867 | $924,896 |
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.