3210 NW 19th St

Miami, FL 33125 · single_family · For Sale · 70 days on market
Asking price$599,000
3 beds 2 baths 1,553 sqft
Suggested offer$590,700$8,300 above the est. market value of $590,700.
View on Realtor.com →
Listed by Iraemis Martinez · Keller Williams Capital Realty
Typesingle_family
Built
Price / sqft$386
Est. value (Realtor.com)$590,700
Rent estimate (own analysis)$3,500/mo
HOANone
Wind10/10Extreme$Heat9/10ExtremeFlood8/10severe$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-24
Removed date
MLSMiamiMLS #A12041354
Coordinates25.79244, -80.24841
Address3210 NW 19th St
CityMiami
StateFL
Zip33125
Listing ID5627783816
Sourcerealtor, cached 2026-08-21

ZIP market snapshot (33125)

Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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)

Purchase price$599,000
Down payment (20.0%)$119,800
Loan amount$479,200
Closing costs (5.0%)$29,950
Total cash to close$149,750
Rent (comp-derived)$3,500$42,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$42,000
Vacancy rate (assumption) assumption8.0%

$42,000 × 8.0% = $3,360

Effective gross income$3,220$38,640
Property tax (real MLS tax bill, from Realtor Search)$639$7,672
Insurance (est. scaled by flood & wind risk)$779$9,344
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$175$2,100
Total operating expenses$1,593$19,116
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$38,640
Total operating expenses derived$19,116

$38,640 − $19,116 = $19,524

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$479,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$479,200 amortized at 6.7% over 30 years = $3,079/mo

CapEx reserve (5.0% of GSR)$175$2,100
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$19,524
Annual debt service derived$36,954
Annual CapEx reserve assumption$2,100
Annual PMI assumption$0

($19,524 − $36,954 − $2,100 − $0) ÷ 12 = -$1,628

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$19,524
Purchase price data$599,000

$19,524 ÷ $599,000 = 3.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$19,530
Total cash to close derived$149,750

-$19,530 ÷ $149,750 = -13.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$19,524
Annual debt service derived$36,954

$19,524 ÷ $36,954 = 0.53

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$42,000
Purchase price data$599,000

($42,000 ÷ 12) ÷ $599,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$599,000
Gross scheduled rent (annual) comp$42,000

$599,000 ÷ $42,000 = 14.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$19,116
Effective gross income derived$38,640

$19,116 ÷ $38,640 = 49.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$19,116
Annual debt service derived$36,954
Annual PMI assumption$0
Gross scheduled rent (annual) comp$42,000

($19,116 + $36,954 + $0) ÷ $42,000 = 133.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,066$4,900
single_family321,300$3,5002026-07-10
single_family311,500$2,9002026-04-27
single_family321,320$3,4002026-09-01
single_family321,534$3,4992026-08-24
single_family321,322$3,500
single_family321,726$3,7002026-09-02

3680 NW 16th St

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,066
Listed
Days on market

Asking rent: $4,900

View on Zillow →

3171 NW 17th St

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,300
Listed2026-07-10
Days on market

Asking rent: $3,500

View on Zillow →

1702 NW 3rd St

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,500
Listed2026-04-27
Days on market

Asking rent: $2,900

View on Zillow →

1011 NW 30th Ct Unit 3

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,320
Listed2026-09-01
Days on market

Asking rent: $3,400

View on Zillow →

1259 NW 34th Ave

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,534
Listed2026-08-24
Days on market

Asking rent: $3,499

View on Zillow →

860 NW 17th Ct

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,322
Listed
Days on market

Asking rent: $3,500

View on Zillow →

3641 NW 15th St

Miami, 33125 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,726
Listed2026-09-02
Days on market

Asking rent: $3,700

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
2850 NW 5th Stsingle_family322,347$828,0002026-08-28
3210 NW 19th Stsingle_family321,553$595,0002026-08-24
3625 NW 13th Stsingle_family311,578$699,0002026-08-12
3630 NW 4th Tersingle_family311,504$535,0002026-08-03
3310 NW 19th Tersingle_family321,435$580,0002026-07-29
725 NW 24th Ctsingle_family332,595$660,0002026-07-24
2275 NW 4th Stsingle_family322,120$720,0002026-07-23
2152 NW 18th Stsingle_family311,464$400,0002026-07-22
1291 NW 22nd Avesingle_family311,916$580,0002026-07-13
860 NW 18th Plsingle_family321,272$575,0002026-06-24
3000 NW 5th Stsingle_family321,966$560,0002026-06-18
3431 NW 14th Tersingle_family331,870$837,0002026-06-04
721 NW 32nd Ctsingle_family31983$460,0002026-05-27
3446 NW 17th Stsingle_family322,427$560,0002026-05-27
2166 NW 18th Stsingle_family321,586$490,0002026-05-21
904 NW 15th Avesingle_family322,263$549,0002026-05-18
1051 NW 25th Avesingle_family312,518$800,0002026-05-13
3180 NW 2nd Stsingle_family321,304$698,0002026-05-08
2840 NW 4th Stsingle_family332,346$615,0002026-05-06
1281 NW 31st Avesingle_family321,499$630,0002026-05-01
1648 NW 28th Avesingle_family321,980$545,0002026-04-30
2031 NW South River Drsingle_family332,434$1,005,0002026-04-27
1520 NW 29th Avesingle_family321,430$745,0002026-04-23
431 NW 32nd Ctsingle_family321,492$540,0002026-04-22
720 NW 19th Ctsingle_family322,194$660,0002026-03-16
91 Glen Royal Pkwysingle_family322,415$1,275,0002026-03-16
3430 NW 16th Stsingle_family321,470$670,0002026-03-12
1232 NW 32nd Plsingle_family321,334$590,0002026-03-11
871 NW 17th Ctsingle_family321,558$650,0002026-03-02
401 NW 33rd Avesingle_family311,009$481,0002026-02-19
2722 NW 4th Stsingle_family322,379$710,0002026-02-02
3664 NW 12th Stsingle_family311,720$460,0002025-12-03
3111 NW 19th Stsingle_family311,874$410,0002025-10-31
22 NW 31st Avesingle_family321,080$495,0002025-10-29
3001 NW 3rd Stsingle_family321,414$610,0002025-10-27
511 NW 33rd Avesingle_family321,384$550,0002025-10-24
1565 NW 30th Avesingle_family321,493$660,0002025-10-03
1501 NW 37th Avesingle_family321,253$649,9002025-09-26
1021 NW 20th Avesingle_family311,065$503,0002025-09-19
2730 NW 6th Stsingle_family321,288$525,0002025-09-17
1000 NW 35th Ctsingle_family321,457$660,0002025-09-11

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
2400 NW 16th Street Rdmulti_family3225,899$8,200,000
2451 NW 11th Stsingle_family321,974$857,500
530 NW 31st Avesingle_family32$729,000
3311 NW 16th Tersingle_family321,440$656,000
2415 NW 15th Stsingle_family33962$599,999
1218 NW 4th Stmulti_family312,640$850,000
801 NW 17th Ctsingle_family331,758$720,000
1798 NW 19th Stsingle_family311,234$450,000

10-year hold projection

IRR1.4%
Equity multiple1.23x
Total return (10yr)$113,074
YearProperty valueNOICash flowLoan balanceEquity
1$616,970$19,524-$19,530$474,004$142,966
2$635,479$20,205-$18,901$468,452$167,027
3$654,543$20,909-$18,251$462,518$192,025
4$674,180$21,637-$17,578$456,177$218,003
5$694,405$22,389-$16,883$449,401$245,005
6$715,237$23,166-$16,164$442,159$273,079
7$736,694$23,969-$15,420$434,419$302,275
8$758,795$24,799-$14,651$426,149$332,647
9$781,559$25,657-$13,856$417,310$364,249
10$805,006$26,543-$13,034$407,864$397,142
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.