2375 NE 185th St
Miami, FL 33180 · single_family · For Sale · 215 days on market
Asking price$860,000
4 beds 3 baths 1,556 sqft
Listed by Patricia De Cardenas-Garcia · Equity Real Property And Mgt.
Typesingle_family
Built1949
Price / sqft$553
Est. value (own analysis)$926,859
Rent estimate (own analysis)$4,800/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood8/10severe$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-01-30
Removed date—
MLSMiamiMLS #A11955638
Coordinates25.94674, -80.15324
Address2375 NE 185th St
CityMiami
StateFL
Zip33180
Listing ID5587789756
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33180)
Typical home value (ZHVI)$463,036
Typical rent (ZORI)$3,210/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 | $860,000 |
| Down payment (20.0%) | $172,000 |
| Loan amount | $688,000 |
| Closing costs (5.0%) | $43,000 |
| Total cash to close | $215,000 |
| Income | |
| Rent (comp-derived) | $4,800$57,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,416$52,992 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,362$16,340 |
| Insurance (est. scaled by flood & wind risk) | $1,118$13,416 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $240$2,880 |
| Total operating expenses | $2,720$32,636 |
| 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) | $240$2,880 |
| 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 | 4 | 2 | 1,682 | $4,350 | — | — | |
| single_family | 4 | 2 | 2,000 | $4,500 | 2026-07-22 | — | |
| single_family | 4 | 2 | 1,905 | $9,499 | 2025-02-02 | — | |
| single_family | 4 | 2 | 1,950 | $5,100 | 2026-06-26 | — |
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 |
|---|---|---|---|---|---|---|
| 2370 NE 195th St | single_family | 4 | 3 | 2,316 | $1,880,000 | 2026-07-31 |
| 20990 NE 30th Pl | single_family | 4 | 3 | 2,306 | $1,338,000 | 2026-07-10 |
| 20920 NE 32nd Ave | single_family | 4 | 4 | 3,176 | $1,800,000 | 2026-07-07 |
| 20765 NE 32nd Ave | single_family | 4 | 5 | 3,250 | $1,610,000 | 2026-06-15 |
| 20815 NE 37th Ct | single_family | 4 | 4 | 2,380 | $1,850,000 | 2026-06-05 |
| 2420 NE 201st St | single_family | 4 | 2 | 2,685 | $1,200,000 | 2026-05-04 |
| 3156 NE 212th Ter | single_family | 4 | 4 | 2,482 | $1,425,000 | 2026-04-29 |
| 20825 NE 32nd Pl | single_family | 4 | 5 | 2,973 | $2,330,000 | 2026-04-23 |
| 21151 NE 22nd Ct | single_family | 4 | 2 | 3,329 | $1,825,000 | 2026-03-30 |
| 2510 NE 207th Ter | single_family | 4 | 2 | 1,827 | $1,175,000 | 2026-01-20 |
| 20905 NE 32nd Ave | single_family | 4 | 5 | 3,330 | $2,000,000 | 2026-01-14 |
| 21320 NE 26th Ave | single_family | 4 | 5 | 2,309 | $1,750,000 | 2025-11-21 |
| 2325 NE 191st St | single_family | 4 | 3 | 2,352 | $1,100,000 | 2025-11-18 |
| 3095 NE 208th Ter | single_family | 4 | 3 | 2,361 | $1,500,000 | 2025-11-12 |
| 3144 NE 212th St | single_family | 4 | 3 | 2,461 | $1,507,000 | 2025-10-30 |
| 3144 NE 212th St | single_family | 4 | 4 | 2,513 | $1,507,000 | 2025-10-23 |
| 3277 NE 212th St | single_family | 4 | 4 | 2,770 | $1,650,000 | 2025-10-16 |
| 18690 NE 22nd Ave | single_family | 4 | 2 | 3,164 | $957,000 | 2025-10-07 |
| 3106 NE 210th Ter | single_family | 4 | 4 | 2,361 | $1,385,000 | 2025-09-05 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 19694 NE 24th Ave | single_family | 4 | 4 | 2,863 | $2,580,000 | — |
| 2616 NE 214th St | single_family | 4 | 4 | 899 | $489,000 | — |
| 19885 NE 22nd Ave | single_family | 4 | 4 | 3,898 | $1,775,000 | — |
| 2627 NE 213th St | single_family | 4 | 2 | 1,473 | $899,900 | — |
| 19731 NE 24th Ave | single_family | 4 | 4 | 3,228 | $2,395,000 | — |
| 19667 Turnberry Way Apt 20GR | condos | 4 | 4 | 3,426 | $1,900,000 | — |
| 2511 NE 209th Ter | single_family | 4 | 5 | 2,150 | $2,150,000 | — |
| 2301 NE 196th St | single_family | 4 | 4 | 2,668 | $1,850,000 | — |
10-year hold projection
IRR-1.0%
Equity multiple0.84x
Total return (10yr)$77,228
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $885,800 | $20,356 | -$35,579 | $680,541 | $205,259 |
| 2 | $912,374 | $21,130 | -$34,877 | $672,569 | $239,805 |
| 3 | $939,745 | $21,931 | -$34,150 | $664,050 | $275,695 |
| 4 | $967,938 | $22,760 | -$33,396 | $654,946 | $312,992 |
| 5 | $996,976 | $23,619 | -$32,615 | $645,217 | $351,759 |
| 6 | $1,026,885 | $24,508 | -$31,806 | $634,819 | $392,066 |
| 7 | $1,057,692 | $25,427 | -$30,968 | $623,708 | $433,984 |
| 8 | $1,089,422 | $26,380 | -$30,099 | $611,833 | $477,589 |
| 9 | $1,122,105 | $27,365 | -$29,199 | $599,143 | $522,962 |
| 10 | $1,155,768 | $28,385 | -$28,267 | $585,582 | $570,186 |
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.