12266 SW 215th Ter
Miami, FL 33177 · townhomes · For Sale · 114 days on market
Asking price$380,000
3 beds 2 baths 1,182 sqft
Suggested offer$369,500$10,500 above the est. market value of $369,500.
View on Realtor.com →Listed by Daniel Rivero · Miami Premier Realty
Typetownhomes
Built—
Price / sqft$321
Est. value (Realtor.com)$369,500
Rent estimate (own analysis)$2,700/mo
HOA$240/mo
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Statusfor_sale
Listed date2026-05-11
Removed date—
MLSMiamiMLS #A12016957
Coordinates25.56647, -80.38973
Address12266 SW 215th Ter
CityMiami
StateFL
Zip33177
Listing ID5650917162
Sourcerealtor, cached 2026-08-21
ZIP market snapshot (33177)
Typical home value (ZHVI)$574,510
Typical rent (ZORI)$2,784/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 | $380,000 |
| Down payment (20.0%) | $76,000 |
| Loan amount | $304,000 |
| Closing costs (5.0%) | $19,000 |
| Total cash to close | $95,000 |
| Income | |
| Rent (comp-derived) | $2,700$32,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,484$29,808 |
| Operating expenses | |
| Property tax (real MLS tax bill, from Realtor Search) | $369$4,431 |
| Insurance (placeholder 0.8% of price) | $253$3,040 |
| HOA dues | $240$2,880 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $135$1,620 |
| Total operating expenses | $998$11,971 |
| 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) | $135$1,620 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 3 | 1,440 | $2,900 | 2026-08-20 | — | |
| townhomes | 3 | 3 | 1,462 | $2,700 | 2026-08-06 | — | |
| townhomes | 3 | 3 | 1,462 | $2,890 | 2026-08-05 | — | |
| townhomes | 3 | 3 | 1,319 | $2,700 | 2026-07-06 | — | |
| townhomes | 3 | 2 | 1,380 | $2,500 | 2026-07-03 | — | |
| townhomes | 3 | 3 | 1,220 | $2,500 | 2026-06-30 | — | |
| townhomes | 3 | 3 | 1,462 | $2,550 | 2026-06-10 | — | |
| townhomes | 3 | 3 | 1,436 | $3,389 | — | — | |
| townhomes | 3 | 3 | 1,436 | $3,389 | — | — | |
| townhomes | 3 | 2 | 1,290 | $2,600 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 17306 SW 139th Ct | townhomes | 3 | 3 | 1,270 | $428,000 | 2026-08-21 |
| 13906 SW 173rd Ter | townhomes | 3 | 2 | 1,270 | $410,000 | 2026-08-03 |
| 13839 SW 152nd Ter | townhomes | 3 | 2 | 1,171 | $443,000 | 2026-07-27 |
| 14085 SW 179th Ter Unit 14085 | townhomes | 3 | 3 | 1,319 | $425,000 | 2026-07-13 |
| 13709 SW 170th Ter | townhomes | 3 | 2 | 1,252 | $437,000 | 2026-06-29 |
| 13402 SW 153rd St Apt 1905 | townhomes | 3 | 3 | 1,500 | $405,000 | 2026-05-04 |
| 13912 SW 174th Ter | townhomes | 3 | 2 | 1,270 | $410,000 | 2026-03-30 |
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 |
|---|---|---|---|---|---|---|
| 13931 SW 156th Ter | single_family | 3 | 2 | 1,536 | $720,000 | — |
| 19100 SW 132nd Pl | single_family | 3 | 3 | 2,137 | $899,999 | — |
| 19422 SW 119th Ct | single_family | 3 | 2 | 1,705 | $1,018,000 | — |
| 17184 SW 138th Ct | townhomes | 3 | 2 | 1,380 | $450,000 | — |
| 21483 SW 132nd Pl | single_family | 3 | 3 | 1,959 | $765,000 | — |
| 12382 SW 213th Ter | single_family | 3 | 2 | 1,539 | $649,000 | — |
| 15771 SW 137th Ave Apt 201 | condos | 3 | 2 | 1,120 | $329,900 | — |
| 13763 SW 160th St | single_family | 3 | 3 | 1,440 | $435,000 | — |
10-year hold projection
IRR5.4%
Equity multiple1.86x
Total return (10yr)$130,963
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $391,400 | $17,837 | -$7,226 | $300,704 | $90,696 |
| 2 | $403,142 | $18,432 | -$6,672 | $297,182 | $105,961 |
| 3 | $415,236 | $19,046 | -$6,099 | $293,417 | $121,819 |
| 4 | $427,693 | $19,681 | -$5,507 | $289,394 | $138,299 |
| 5 | $440,524 | $20,335 | -$4,896 | $285,095 | $155,429 |
| 6 | $453,740 | $21,012 | -$4,264 | $280,501 | $173,239 |
| 7 | $467,352 | $21,710 | -$3,612 | $275,591 | $191,761 |
| 8 | $481,373 | $22,430 | -$2,938 | $270,344 | $211,028 |
| 9 | $495,814 | $23,174 | -$2,243 | $264,737 | $231,077 |
| 10 | $510,688 | $23,943 | -$1,524 | $258,745 | $251,944 |
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.