19701 NE 21st Ct
Miami, FL 33179 · single_family · For Sale · 202 days on market
Asking price$5,400,000
8 beds 9 baths — sqft
Suggested offer$837,500$4,562,500 above the est. market value of $837,500.
View on Realtor.com →Listed by Adalis Carbo · The Firm Properties, LLC.
Typesingle_family
Built2026
Price / sqft—
Est. value (own analysis)$837,500
Rent estimate (Zillow ZIP avg)$2,257/mo
HOANone
1 / 50
Show every detail
Statusfor_sale
Listed date2026-02-12
Removed date—
MLSMiamiMLS #A11963670
Coordinates25.95716, -80.15792
Address19701 NE 21st Ct
CityMiami
StateFL
Zip33179
Listing ID5609702130
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 | $5,400,000 |
| Down payment (20.0%) | $1,080,000 |
| Loan amount | $4,320,000 |
| Closing costs (5.0%) | $270,000 |
| Total cash to close | $1,350,000 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,257$27,082 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,076$24,915 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $8,550$102,600 |
| Insurance (placeholder 0.8% of price) | $3,600$43,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $113$1,354 |
| Total operating expenses | $12,263$147,154 |
| 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) | $113$1,354 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 8 | 9 | 5,200 | $35,000 | 2026-03-18 | — |
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 |
|---|---|---|---|---|---|---|
| 2500 NW 91st St | single_family | 8 | 5 | 1,716 | $749,999 | — |
| 5842 NW 12th Ave | multi_family | 8 | 4 | 3,658 | $1,150,000 | — |
| 7801 NW 2nd Ct | multi_family | 8 | 6 | 3,500 | $1,600,000 | — |
| 420 NE 62nd St | multi_family | 8 | 10 | 5,572 | $3,700,000 | — |
| 560 NE 63rd St | multi_family | 8 | 8 | 2,803 | $1,650,000 | — |
| 1286 NW 59th St | multi_family | 8 | 4 | 3,596 | $1,080,000 | — |
| 5730 NW 11th Ave | multi_family | 8 | 4 | 2,450 | $1,100,000 | — |
| 812 NW 70th St | multi_family | 8 | 4 | 2,884 | $750,000 | — |
10-year hold projection
IRR-12.6%
Equity multiple-1.16x
Total return (10yr)-$2,209,308
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $5,562,000 | -$122,239 | -$456,731 | $4,273,162 | $1,288,838 |
| 2 | $5,728,860 | -$125,170 | -$459,696 | $4,223,107 | $1,505,753 |
| 3 | $5,900,726 | -$128,171 | -$462,732 | $4,169,615 | $1,731,111 |
| 4 | $6,077,748 | -$131,243 | -$465,839 | $4,112,449 | $1,965,298 |
| 5 | $6,260,080 | -$134,388 | -$469,021 | $4,051,358 | $2,208,722 |
| 6 | $6,447,882 | -$137,608 | -$472,278 | $3,986,072 | $2,461,811 |
| 7 | $6,641,319 | -$140,904 | -$475,612 | $3,916,302 | $2,725,017 |
| 8 | $6,840,558 | -$144,278 | -$479,025 | $3,841,742 | $2,998,817 |
| 9 | $7,045,775 | -$147,731 | -$482,519 | $3,762,061 | $3,283,714 |
| 10 | $7,257,148 | -$151,267 | -$486,096 | $3,676,908 | $3,580,240 |
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.