19700 NE 11th Pl
Miami, FL 33179 · single_family · For Sale · 72 days on market
Asking price$824,000
5 beds 3 baths 2,046 sqft
Listed by Dirimo Chourio · Vesta Realty LLC
Typesingle_family
Built1958
Price / sqft$403
Est. value (own analysis)$978,929
Rent estimate (own analysis)$6,425/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-06-22
Removed date—
MLSMiamiMLS #A12041257
Coordinates25.95709, -80.17898
Address19700 NE 11th Pl
CityMiami
StateFL
Zip33179
Listing ID5680246559
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 | $824,000 |
| Down payment (20.0%) | $164,800 |
| Loan amount | $659,200 |
| Closing costs (5.0%) | $41,200 |
| Total cash to close | $206,000 |
| Income | |
| Rent (comp-derived) | $6,425$77,100 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,911$70,932 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,305$15,656 |
| Insurance (est. scaled by flood & wind risk) | $879$10,547 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $321$3,855 |
| Total operating expenses | $2,505$30,058 |
| 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) | $321$3,855 |
| 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 | 5 | 2 | 2,184 | $4,370 | 2026-08-14 | — | |
| single_family | 5 | 3 | 2,588 | $6,000 | 2026-05-27 | — | |
| single_family | 5 | 3 | 1,970 | $6,850 | 2025-10-28 | — | |
| single_family | 5 | 3 | 2,702 | $5,500 | — | — | |
| single_family | 5 | 3 | 2,700 | $10,000 | 2026-07-29 | — | |
| single_family | 5 | 3 | 2,602 | $9,000 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 2021 NE 212th St | single_family | 5 | 5 | 3,880 | $2,600,000 | 2026-08-31 |
| 2140 NE 206th St | single_family | 5 | 3 | 2,287 | $1,010,000 | 2026-07-31 |
| 1961 S Oak Haven Cir | single_family | 5 | 5 | 4,856 | $2,050,000 | 2026-06-17 |
| 1870 NE 197th Ter | single_family | 5 | 3 | 2,837 | $1,188,000 | 2026-05-27 |
| 2110 NE 198th Ter | single_family | 5 | 3 | 3,412 | $1,651,000 | 2026-05-26 |
| 1270 North Dr | single_family | 5 | 4 | 1,600 | $599,000 | 2026-05-04 |
| 312 NE 210th Way | single_family | 5 | 5 | 2,833 | $1,475,000 | 2026-04-30 |
| 2156 NE 187th St | single_family | 5 | 3 | 2,462 | $1,650,000 | 2026-02-10 |
| 617 NE 191st St | single_family | 5 | 4 | 2,702 | $1,150,000 | 2026-02-02 |
| 1860 NE 199th St | single_family | 5 | 3 | 2,883 | $1,729,000 | 2026-02-02 |
| 19501 Ambassador Ct | single_family | 5 | 5 | 4,780 | $2,757,000 | 2026-01-12 |
| 20335 NE 20th Ct | single_family | 5 | 7 | 3,277 | $2,100,000 | 2025-12-24 |
| 1990 NE 197th Ter | single_family | 5 | 4 | 2,337 | $1,300,000 | 2025-12-22 |
| 20101 NE 20th Ct | single_family | 5 | 3 | 2,584 | $1,370,000 | 2025-12-18 |
| 2131 NE 202nd St | single_family | 5 | 3 | 4,180 | $1,840,000 | 2025-12-11 |
| 2011 NE 211th St | single_family | 5 | 2 | 2,767 | $1,305,000 | 2025-11-13 |
| 1930 NE 193rd St | single_family | 5 | 5 | 5,285 | $2,500,000 | 2025-11-03 |
| 1330 NE 212th Ter | single_family | 5 | 3 | 1,782 | $480,000 | 2025-10-03 |
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 |
|---|---|---|---|---|---|---|
| 19200 NE 14th Ct | single_family | 5 | 5 | 4,336 | $3,188,990 | — |
| 19200 NE 14th Ct | single_family | 5 | 4 | 4,119 | $2,985,990 | — |
| 1875 NE 193rd St | single_family | 5 | 5 | 3,360 | $4,099,000 | — |
| 19200 NE 14th Ct | single_family | 5 | 4 | 4,095 | $2,795,990 | — |
| 19613 NE 14th Ave | single_family | 5 | 5 | 4,336 | $3,188,990 | — |
| 19662 NE 14th Ct | single_family | 5 | 4 | 4,095 | $2,865,890 | — |
| 19668 NE 14th Ave | single_family | 5 | 4 | 3,550 | $2,649,690 | — |
| 19200 NE 14th Ct | single_family | 5 | 4 | 3,550 | $2,590,990 | — |
10-year hold projection
IRR6.1%
Equity multiple1.96x
Total return (10yr)$306,388
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $848,720 | $40,874 | -$13,816 | $652,053 | $196,667 |
| 2 | $874,182 | $42,250 | -$12,535 | $644,415 | $229,767 |
| 3 | $900,407 | $43,672 | -$11,213 | $636,252 | $264,155 |
| 4 | $927,419 | $45,140 | -$9,846 | $627,529 | $299,890 |
| 5 | $955,242 | $46,656 | -$8,434 | $618,207 | $337,035 |
| 6 | $983,899 | $48,222 | -$6,974 | $608,245 | $375,654 |
| 7 | $1,013,416 | $49,838 | -$5,467 | $597,598 | $415,818 |
| 8 | $1,043,819 | $51,508 | -$3,909 | $586,221 | $457,598 |
| 9 | $1,075,133 | $53,232 | -$2,300 | $574,062 | $501,071 |
| 10 | $1,107,387 | $55,012 | -$637 | $561,068 | $546,319 |
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.