19231 NE 22nd Ave
Miami, FL 33180 · single_family · For Sale · 18 days on market
Asking price$2,650,000
6 beds 5 baths 3,462 sqft
Suggested offer$2,184,100$465,900 above the est. market value of $2,184,100.
View on Realtor.com →Listed by Patricia Genis · One Sotheby's International Realty
Typesingle_family
Built—
Price / sqft$765
Est. value (Realtor.com)$2,184,100
Rent estimate (own analysis)$16,500/mo
HOANone
1 / 41
Show every detail
Statusfor_sale
Listed date2026-08-15
Removed date—
MLSMiamiMLS #A12069793
Coordinates25.95351, -80.15674
Address19231 NE 22nd Ave
CityMiami
StateFL
Zip33180
Listing ID5663253290
Sourcerealtor, cached 2026-08-21
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 | $2,650,000 |
| Down payment (20.0%) | $530,000 |
| Loan amount | $2,120,000 |
| Closing costs (5.0%) | $132,500 |
| Total cash to close | $662,500 |
| Income | |
| Rent (comp-derived) | $16,500$198,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $15,180$182,160 |
| Operating expenses | |
| Property tax (real MLS tax bill, from Realtor Search) | $1,320$15,845 |
| Insurance (placeholder 0.8% of price) | $1,767$21,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $825$9,900 |
| Total operating expenses | $3,912$46,945 |
| 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) | $825$9,900 |
| 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 | 6 | 5 | 3,462 | $16,500 | 2026-08-07 | — | |
| single_family | 6 | 4 | 2,989 | $8,900 | 2026-07-07 | — | |
| single_family | 6 | 7 | 5,697 | $25,000 | 2024-03-30 | — |
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 |
|---|---|---|---|---|---|---|
| 21140 NE 26th Ave | single_family | 3 | 2 | 1,395 | $710,000 | 2026-08-18 |
| 3699 NE 208th Ter | single_family | 3 | 3 | 2,740 | $1,770,000 | 2026-08-17 |
| 2370 NE 195th St | single_family | 4 | 3 | 2,316 | $1,880,000 | 2026-07-31 |
| 20740 NE 32nd Pl | single_family | 3 | 3 | 2,392 | $1,475,000 | 2026-07-29 |
| 2280 NE 201st St | single_family | 5 | 4 | 3,174 | $1,925,000 | 2026-07-17 |
| 20990 NE 30th Pl | single_family | 4 | 3 | 2,306 | $1,338,000 | 2026-07-10 |
| 3752 NE 199th St | single_family | 5 | 7 | 5,218 | $3,850,000 | 2026-07-08 |
| 20920 NE 32nd Ave | single_family | 4 | 4 | 3,176 | $1,800,000 | 2026-07-07 |
| 3710 NE 208th Ter | single_family | 3 | 3 | 2,740 | $1,800,000 | 2026-07-06 |
| 21012 NE 34th Ct | single_family | 3 | 3 | 1,780 | $925,000 | 2026-06-24 |
| 20765 NE 32nd Ave | single_family | 4 | 5 | 3,250 | $1,610,000 | 2026-06-15 |
| 20100 NE 23rd Ct | single_family | 5 | 4 | 3,552 | $1,730,000 | 2026-06-10 |
| 20815 NE 37th Ct | single_family | 4 | 4 | 2,380 | $1,850,000 | 2026-06-05 |
| 19651 NE 22nd Ave | single_family | 3 | 3 | 2,429 | $1,625,000 | 2026-06-02 |
| 3757 NE 208th Ter | single_family | 5 | 3 | 2,842 | $2,100,000 | 2026-05-20 |
| 3525 Magellan Cir | single_family | 3 | 3 | 1,723 | $665,000 | 2026-05-05 |
| 2420 NE 201st St | single_family | 4 | 2 | 2,685 | $1,200,000 | 2026-05-04 |
| 20820 NE 30th Pl | single_family | 3 | 3 | 2,494 | $1,260,000 | 2026-05-01 |
| 3156 NE 212th Ter | single_family | 4 | 4 | 2,482 | $1,425,000 | 2026-04-29 |
| 3015 NE 208th St | single_family | 3 | 2 | 2,330 | $1,300,200 | 2026-04-24 |
| 20825 NE 32nd Pl | single_family | 4 | 5 | 2,973 | $2,330,000 | 2026-04-23 |
| 2350 NE 194th St | single_family | 3 | 3 | 1,769 | $1,450,000 | 2026-04-10 |
| 21151 NE 22nd Ct | single_family | 4 | 2 | 3,329 | $1,825,000 | 2026-03-30 |
| 2632 NE 214th St | single_family | 3 | 2 | 1,139 | $422,500 | 2026-03-23 |
| 2811 NE 185th St | single_family | 3 | 2 | 1,481 | $490,000 | 2026-03-20 |
| 2628 NE 214th St | single_family | 3 | 1 | 905 | $304,000 | 2026-03-13 |
| 2570 NE 201st St | single_family | 5 | 3 | 2,789 | $1,315,000 | 2026-03-12 |
| 2321 NE 211th St | single_family | — | 0 | — | $715,000 | 2026-03-09 |
| 2555 NE 207th Ter | single_family | 3 | 2 | 1,385 | $400,000 | 2026-02-26 |
| 2255 NE 207th St | single_family | 3 | 2 | 2,151 | $1,350,000 | 2026-02-25 |
| 3024 NE 210th St | single_family | 3 | 3 | 2,315 | $1,414,250 | 2026-02-20 |
| 2371 NE 193rd St | single_family | 3 | 3 | 2,198 | $1,182,000 | 2026-02-19 |
| 3172 NE 211th St | single_family | 3 | 3 | 2,540 | $1,400,000 | 2026-02-05 |
| 21130 NE 26th Ave | single_family | 3 | 2 | 1,425 | $540,000 | 2026-01-28 |
| 2510 NE 207th Ter | single_family | 4 | 2 | 1,827 | $1,175,000 | 2026-01-20 |
| 2960 NE 207th St Unit 912 | single_family | 2 | 2 | 1,136 | $685,000 | 2026-01-19 |
| 20905 NE 32nd Ave | single_family | 4 | 5 | 3,330 | $2,000,000 | 2026-01-14 |
| 21120 NE 25th Ct | single_family | 3 | 2 | 1,625 | $900,000 | 2026-01-08 |
| 2210 NE 204th St | single_family | 5 | 3 | 4,226 | $1,875,000 | 2026-01-06 |
| 20130 NE 25th Ct | single_family | 3 | 2 | 1,610 | $948,000 | 2025-12-26 |
| 2362 NE 212th Ter | single_family | 5 | 3 | 3,110 | $1,405,000 | 2025-12-08 |
| 2380 NE 214th St | single_family | 5 | 3 | 3,145 | $1,400,000 | 2025-11-24 |
| 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 |
| 20600 NE 22nd Pl | single_family | 7 | 6 | 4,768 | $2,325,000 | 2025-11-04 |
| 20125 NE 25th Ave | single_family | 5 | 5 | — | $2,680,000 | 2025-11-04 |
| 2320 NE 211th St | single_family | 6 | 6 | 4,444 | $3,000,000 | 2025-10-31 |
| 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 |
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 |
|---|---|---|---|---|---|---|
| 20021 NE 25th Ave | single_family | 6 | 5 | 3,937 | $3,249,000 | — |
| 2549 NE 190th St | multi_family | 6 | 4 | 2,434 | $1,699,000 | — |
| 2380 NE 196th St | single_family | 6 | 7 | 5,187 | $5,749,900 | — |
| 2920 NE 207th St Ste 801 | condos | 6 | — | 1,151 | $1,399,000 | — |
| 19860 NE 24th Ct | single_family | 6 | 4 | 2,698 | $2,300,000 | — |
10-year hold projection
IRR6.6%
Equity multiple2.05x
Total return (10yr)$1,043,531
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $2,729,500 | $135,215 | -$38,169 | $2,097,014 | $632,486 |
| 2 | $2,811,385 | $139,506 | -$34,126 | $2,072,451 | $738,934 |
| 3 | $2,895,727 | $143,932 | -$29,954 | $2,046,200 | $849,527 |
| 4 | $2,982,598 | $148,497 | -$25,649 | $2,018,146 | $964,452 |
| 5 | $3,072,076 | $153,204 | -$21,208 | $1,988,166 | $1,083,910 |
| 6 | $3,164,239 | $158,059 | -$16,626 | $1,956,128 | $1,208,111 |
| 7 | $3,259,166 | $163,067 | -$11,898 | $1,921,889 | $1,337,277 |
| 8 | $3,356,941 | $168,231 | -$7,021 | $1,885,299 | $1,471,642 |
| 9 | $3,457,649 | $173,557 | -$1,990 | $1,846,196 | $1,611,453 |
| 10 | $3,561,378 | $179,050 | $3,202 | $1,804,408 | $1,756,970 |
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.