14359 Kendale Lakes Cir

Miami, FL 33183 · townhomes · For Sale · 14 days on market
Asking price$459,777
4 beds 3 baths 1,934 sqft
View on Realtor.com →
Listed by Martin Ling · Multi Gro Management, Inc.
Typetownhomes
Built1979
Price / sqft$238
Est. value (own analysis)$612,433
Rent estimate (own analysis)$3,475/mo
HOA$171/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorWildfire2/10MinorFlood1/10minimal$
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-19
Removed date
MLSMiamiMLS #A12073678
Coordinates25.70854, -80.42603
Address14359 Kendale Lakes Cir
CityMiami
StateFL
Zip33183
Listing ID5697578371
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33183)

Typical home value (ZHVI)$399,570
Typical rent (ZORI)$2,514/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$459,777
Down payment (20.0%)$91,955
Loan amount$367,822
Closing costs (5.0%)$22,989
Total cash to close$114,944
Rent (comp-derived)$3,475$41,700
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$41,700
Vacancy rate (assumption) assumption8.0%

$41,700 × 8.0% = $3,336

Effective gross income$3,197$38,364
Property tax (placeholder 1.9% of price)$728$8,736
Insurance (est. scaled by flood & wind risk)$460$5,517
HOA dues$171$2,052
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$174$2,085
Total operating expenses$1,533$18,390
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$38,364
Total operating expenses derived$18,390

$38,364 − $18,390 = $19,974

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$367,822
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$367,822 amortized at 6.7% over 30 years = $2,364/mo

CapEx reserve (5.0% of GSR)$174$2,085
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$19,974
Annual debt service derived$28,365
Annual CapEx reserve assumption$2,085
Annual PMI assumption$0

($19,974 − $28,365 − $2,085 − $0) ÷ 12 = -$873

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$19,974
Purchase price data$459,777

$19,974 ÷ $459,777 = 4.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$10,476
Total cash to close derived$114,944

-$10,476 ÷ $114,944 = -9.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$19,974
Annual debt service derived$28,365

$19,974 ÷ $28,365 = 0.70

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$41,700
Purchase price data$459,777

($41,700 ÷ 12) ÷ $459,777 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$459,777
Gross scheduled rent (annual) comp$41,700

$459,777 ÷ $41,700 = 11.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$18,390
Effective gross income derived$38,364

$18,390 ÷ $38,364 = 47.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$18,390
Annual debt service derived$28,365
Annual PMI assumption$0
Gross scheduled rent (annual) comp$41,700

($18,390 + $28,365 + $0) ÷ $41,700 = 112.1%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes421,490$3,4002026-08-18
townhomes431,985$3,5002026-08-17
townhomes432,312$3,4002026-08-13
townhomes431,976$4,5002026-08-13
townhomes431,708$3,6002026-08-11
townhomes432,312$3,4002026-08-07
townhomes431,774$4,0002026-08-06
townhomes432,312$3,3502026-07-20
townhomes431,475$3,2002026-07-19
townhomes431,793$3,5002026-07-17
townhomes421,848$3,9502026-07-16
townhomes432,312$3,2002026-07-11
townhomes432,312$3,3502026-06-29
townhomes431,876$3,5002026-05-22
townhomes431,793$3,5952026-06-18
townhomes442,313$4,0002026-06-17
townhomes431,876$3,4502026-06-10
townhomes432,312$3,3002026-05-20
townhomes431,870$3,5002026-08-04
townhomes441,710$3,1502026-07-30
townhomes432,308$4,0502026-07-29
townhomes431,827$3,3502026-07-27
townhomes431,985$3,3002026-08-24
townhomes431,899$3,5002026-03-11

16356 SW 44th Way Unit 16356

Miami, 33185 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,490
Listed2026-08-18
Days on market

Asking rent: $3,400

View on Zillow →

14949 SW 8th Ter Unit 14949

Miami, 33194 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,985
Listed2026-08-17
Days on market

Asking rent: $3,500

View on Zillow →

9362 SW 171st Ave

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-08-13
Days on market

Asking rent: $3,400

View on Zillow →

12401 SW 20th Ter

Miami, 33175 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,976
Listed2026-08-13
Days on market

Asking rent: $4,500

View on Zillow →

7050 SW 164th Ct

Miami, 33193 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,708
Listed2026-08-11
Days on market

Asking rent: $3,600

View on Zillow →

17120 SW 95th Ter Unit 17120

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-08-07
Days on market

Asking rent: $3,400

View on Zillow →

11745 SW 106th Ter Unit 11745

Miami, 33186 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,774
Listed2026-08-06
Days on market

Asking rent: $4,000

View on Zillow →

16731 SW 96th St Unit 16731

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-07-20
Days on market

Asking rent: $3,350

View on Zillow →

8862 W Flagler St Apt 8

Miami, 33174 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,475
Listed2026-07-19
Days on market

Asking rent: $3,200

View on Zillow →

12501 SW 124th Ter

Miami, 33186 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,793
Listed2026-07-17
Days on market

Asking rent: $3,500

View on Zillow →

Miami, 33173 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,848
Listed2026-07-16
Days on market

Asking rent: $3,950

View on Zillow →

17001 SW 96th St

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-07-11
Days on market

Asking rent: $3,200

View on Zillow →

9572 SW 169th Pl Unit Main

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-06-29
Days on market

Asking rent: $3,350

View on Zillow →

22348 SW 115 Ct Unit 22348

Miami, 33170 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,876
Listed2026-05-22
Days on market

Asking rent: $3,500

View on Zillow →

12393 SW 124th Ter

Miami, 33186 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,793
Listed2026-06-18
Days on market

Asking rent: $3,595

View on Zillow →

2402 SW 145th Pl Unit 0

Miami, 33175 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,313
Listed2026-06-17
Days on market

Asking rent: $4,000

View on Zillow →

16958 SW 92nd St Unit 16958

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,876
Listed2026-06-10
Days on market

Asking rent: $3,450

View on Zillow →

9530 SW 171st Ct Unit Th

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,312
Listed2026-05-20
Days on market

Asking rent: $3,300

View on Zillow →

4017 SW 149th Ct Unit 4017

Miami, 33185 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,870
Listed2026-08-04
Days on market

Asking rent: $3,500

View on Zillow →

17370 SW 153rd Ave Unit 17370

Miami, 33187 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,710
Listed2026-07-30
Days on market

Asking rent: $3,150

View on Zillow →

320 SW 87th Ct

Miami, 33174 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,308
Listed2026-07-29
Days on market

Asking rent: $4,050

View on Zillow →

15062 SW 117th Way Unit 15062

Miami, 33196 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,827
Listed2026-07-27
Days on market

Asking rent: $3,350

View on Zillow →

15131 SW 23rd Ln Unit 0

Miami, 33185 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,985
Listed2026-08-24
Days on market

Asking rent: $3,300

View on Zillow →

Miami, 33194 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,899
Listed2026-03-11
Days on market

Asking rent: $3,500

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
6250 SW 130th Ave Apt 702townhomes231,100$390,0002026-08-24
8749 SW 137th Ave Unit 8749townhomes231,346$335,0002026-08-21
13546 SW 63rd Ln Unit H-Wtownhomes321,167$525,0002026-08-10
13539 SW 62nd St Unit 128townhomes331,150$420,0002026-08-03
13890 SW 64th Sttownhomes231,200$445,0002026-07-31
14357 SW 62nd Sttownhomes321,934$525,0002026-07-31
6725 SW 137th Ct Unit 14Dtownhomes321,200$400,0002026-07-29
5835 SW 144th Circle Pltownhomes321,337$480,0002026-07-20
14105 SW 66th St # 14105townhomes321,628$430,0002026-07-15
13877 SW 62nd Tertownhomes331,308$472,9002026-07-10
13900 Kendale Lakes Drtownhomes321,109$365,0002026-07-07
14245 SW 57th Ln Unit 9-2townhomes331,515$435,0002026-06-30
13501 SW 62nd St Unit 101townhomes231,334$400,0002026-06-30
12849 SW 65th Sttownhomes221,170$455,0002026-06-26
13731 SW 84th St Unit C11townhomes231,395$335,0002026-06-24
8769 SW 137th Ave Unit 8769townhomes231,346$262,0002026-06-12
12853 SW 64th Lntownhomes221,170$449,0002026-06-12
14273 Kendale Lakes Cirtownhomes331,471$470,0002026-06-12
13855 SW 64th St Unit 13855townhomes231,200$435,0002026-06-11
6346 SW 136th Ct Unit 110Htownhomes231,340$376,0002026-06-09
13446 SW 62nd St Unit 102Etownhomes231,160$409,9002026-06-05
7027 SW 127th Cttownhomes221,025$455,0002026-06-03
5914 SW 133rd Cttownhomes22962$379,0002026-05-28
14019 SW 67th Tertownhomes331,592$520,0002026-05-08
13916 SW 56th Lntownhomes311,083$340,0002026-04-30
14371 SW 62nd Sttownhomes221,471$436,0002026-04-21
11851 SW 80th Tertownhomes432,152$570,0002026-04-21
6374 SW 139th Cttownhomes321,628$375,0002026-04-21
6279 SW 128th Cttownhomes231,170$424,9992026-04-16
14371 Kendale Lakes Cirtownhomes331,471$436,0002026-04-13
6400 SW 138th Ct Apt 203townhomes331,471$385,0002026-03-31
6309 SW 138th Pltownhomes231,308$409,5002026-03-31
11964 SW 81st Lntownhomes321,800$570,0002026-03-25
13935 SW 84th St Unit 905townhomes331,510$345,0002026-03-20
14205 SW 57th Ln Unit 5Atownhomes331,300$343,0002026-03-06
13900 SW 65th Ter Unit 9townhomes22896$300,0002026-03-03
13270 SW 58th Ter Unit 9-5townhomes22936$350,0002026-02-28
13351 SW 59th Tertownhomes331,360$415,0002026-02-24
13915 SW 56th Lntownhomes311,083$389,0002026-02-18
6501 SW 136th Cttownhomes321,800$560,0002026-02-10
8317 SW 137th Ave Unit 8317townhomes231,346$360,0002026-01-30

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.

AddressTypeBedsBathsSqftAsking priceDays on market
12019 SW 77th Tersingle_family443,129$1,549,000
13611 SW 77th Stsingle_family431,796$899,000
5672 SW 130th Avesingle_family441,892$675,000
14011 SW 74th Tersingle_family421,873$939,900
12900 SW 81st Stsingle_family422,052$765,000
7450 SW 130th Avesingle_family432,003$715,000
14101 SW 66th St Apt A2townhomes441,641$479,000
13391 SW 78th Stsingle_family421,684$799,000

10-year hold projection

IRR4.3%
Equity multiple1.69x
Total return (10yr)$139,644
YearProperty valueNOICash flowLoan balanceEquity
1$473,570$19,974-$10,476$363,834$109,737
2$487,777$20,665-$9,837$359,572$128,206
3$502,411$21,379-$9,176$355,017$147,394
4$517,483$22,117-$8,493$350,150$167,333
5$533,008$22,880-$7,786$344,948$188,059
6$548,998$23,668-$7,056$339,390$209,608
7$565,468$24,482-$6,301$333,449$232,018
8$582,432$25,323-$5,520$327,101$255,331
9$599,905$26,192-$4,713$320,317$279,588
10$617,902$27,090-$3,879$313,066$304,836
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.