13700 SW 62nd St Apt 213

Miami, FL 33183 · condos · For Sale · 2 days on market
Asking price$315,000
3 beds 2 baths 1,262 sqft
Suggested offer$307,297$7,703 above the est. market value of $307,297.
View on Realtor.com →
Listed by Livan Bec Jr, PA., SRS, PSA, RENE · Lifestyle International Realty
Typecondos
Built1973
Price / sqft$250
Est. value (own analysis)$307,297
Rent estimate (own analysis)$2,500/mo
HOA$615/mo
Street view
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-31
Removed date
MLSMiamiMLS #A12077779
Coordinates25.70835, -80.41557
Address13700 SW 62nd St Apt 213
CityMiami
StateFL
Zip33183
Listing ID5699441669
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$315,000
Down payment (20.0%)$63,000
Loan amount$252,000
Closing costs (5.0%)$15,750
Total cash to close$78,750
Rent (comp-derived)$2,500$30,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$30,000
Vacancy rate (assumption) assumption8.0%

$30,000 × 8.0% = $2,400

Effective gross income$2,300$27,600
Property tax (placeholder 1.9% of price)$499$5,985
Insurance (placeholder 0.8% of price)$210$2,520
HOA dues$615$7,380
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$125$1,500
Total operating expenses$1,449$17,385
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$27,600
Total operating expenses derived$17,385

$27,600 − $17,385 = $10,215

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$252,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$252,000 amortized at 6.7% over 30 years = $1,619/mo

CapEx reserve (5.0% of GSR)$125$1,500
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$10,215
Annual debt service derived$19,433
Annual CapEx reserve assumption$1,500
Annual PMI assumption$0

($10,215 − $19,433 − $1,500 − $0) ÷ 12 = -$893

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$10,215
Purchase price data$315,000

$10,215 ÷ $315,000 = 3.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$10,718
Total cash to close derived$78,750

-$10,718 ÷ $78,750 = -13.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$10,215
Annual debt service derived$19,433

$10,215 ÷ $19,433 = 0.53

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$30,000
Purchase price data$315,000

($30,000 ÷ 12) ÷ $315,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$315,000
Gross scheduled rent (annual) comp$30,000

$315,000 ÷ $30,000 = 10.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,385
Effective gross income derived$27,600

$17,385 ÷ $27,600 = 63.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$17,385
Annual debt service derived$19,433
Annual PMI assumption$0
Gross scheduled rent (annual) comp$30,000

($17,385 + $19,433 + $0) ÷ $30,000 = 122.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos331,220$2,4002026-08-13
condos321,147$2,5002026-08-11
condos331,220$2,5502026-08-07
condos331,220$2,6002026-07-25
condos321,262$2,7002026-07-24
condos321,040$2,3502026-07-23
condos321,040$2,2502026-07-23
condos321,040$2,3002026-07-21
apartment321,040$2,5502026-08-29
condos321,328$2,5002026-07-14
condos321,180$2,5002026-07-10
condos321,040$2,5252026-07-08
condos321,040$2,4002026-07-08
condos331,220$2,6002026-07-04
apartment321,040$2,5002026-07-03
condos321,040$2,5002026-06-29
apartment321,328$2,4502026-06-19
condos321,040$2,6002026-06-18
condos321,337$3,0002026-06-17
condos331,220$2,6452026-06-09
condos321,040$2,3002026-05-30
condos331,561$3,2502026-05-19
condos321,147$2,3502026-05-19
condos321,040$2,6002026-08-04
condos321,206$2,3502026-04-06
apartment321,580$3,1502026-08-25
condos331,220$2,5002026-04-23
condos321,040$2,2002025-10-29
condos321,040$2,4002026-04-20
apartment321,147$2,350
condos321,262$2,5002026-08-28
condos321,166$2,5002026-08-27

6235 SW Kendale Lakes Cir Apt 239

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,220
Listed2026-08-13
Days on market

Asking rent: $2,400

View on Zillow →

14170 SW 84th St Apt 402F

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,147
Listed2026-08-11
Days on market

Asking rent: $2,500

View on Zillow →

6245 Kendale Lakes County Rd Unit 215

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,220
Listed2026-08-07
Days on market

Asking rent: $2,550

View on Zillow →

6225 Kendale Lakes Cir Unit 253

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,220
Listed2026-07-25
Days on market

Asking rent: $2,600

View on Zillow →

13700 SW 62nd St Apt 143

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,262
Listed2026-07-24
Days on market

Asking rent: $2,700

View on Zillow →

8520 SW 133rd Ave Rd Apt 213

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-07-23
Days on market

Asking rent: $2,350

View on Zillow →

8600 SW 133rd Ave Rd Apt 314

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-07-23
Days on market

Asking rent: $2,250

View on Zillow →

8520 SW 133rd Ave Unit 1-213

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-07-21
Days on market

Asking rent: $2,300

View on Zillow →

8650 SW 133rd Ave Rd Apt 107

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-08-29
Days on market

Asking rent: $2,550

View on Zillow →

14185 SW 87th St Unit A305

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,328
Listed2026-07-14
Days on market

Asking rent: $2,500

View on Zillow →

6745 SW 132nd Ave Apt 212

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,180
Listed2026-07-10
Days on market

Asking rent: $2,500

View on Zillow →

8520 SW 133rd Ave Rd Apt 406

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-07-08
Days on market

Asking rent: $2,525

View on Zillow →

8650 SW 133rd Ave Rd Apt 312

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-07-08
Days on market

Asking rent: $2,400

View on Zillow →

6245 Kendale Lakes Cir Unit 208

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,220
Listed2026-07-04
Days on market

Asking rent: $2,600

View on Zillow →

8700 SW 133rd Ave Rd Apt 302

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-07-03
Days on market

Asking rent: $2,500

View on Zillow →

8540 SW 133rd Ave Rd Apt 123

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-06-29
Days on market

Asking rent: $2,500

View on Zillow →

14185 SW 87th St Unit A110

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,328
Listed2026-06-19
Days on market

Asking rent: $2,450

View on Zillow →

8700 SW 133rd Ave Rd Apt 312

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-06-18
Days on market

Asking rent: $2,600

View on Zillow →

5801 SW 144th Cir Pl Unit 5801

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,337
Listed2026-06-17
Days on market

Asking rent: $3,000

View on Zillow →

6225 Kendale Lakes Cir Unit 263

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,220
Listed2026-06-09
Days on market

Asking rent: $2,645

View on Zillow →

8420 SW 133rd Ave Rd Apt 307

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-05-30
Days on market

Asking rent: $2,300

View on Zillow →

14245 SW 57th Ln Unit 9-5

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,561
Listed2026-05-19
Days on market

Asking rent: $3,250

View on Zillow →

14170 SW 84th St Apt 404F

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,147
Listed2026-05-19
Days on market

Asking rent: $2,350

View on Zillow →

8540 SW 133rd Ave Rd Apt 219

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-08-04
Days on market

Asking rent: $2,600

View on Zillow →

14250 SW 62nd St Apt 402

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,206
Listed2026-04-06
Days on market

Asking rent: $2,350

View on Zillow →

5700 SW 127th Ave Apt 1118

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,580
Listed2026-08-25
Days on market

Asking rent: $3,150

View on Zillow →

6235 Kendale Lakes Cir Unit 247

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,220
Listed2026-04-23
Days on market

Asking rent: $2,500

View on Zillow →

8760 SW 133rd Ave Rd Apt 318

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2025-10-29
Days on market

Asking rent: $2,200

View on Zillow →

8600 SW 133rd Ave Rd Apt 413

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,040
Listed2026-04-20
Days on market

Asking rent: $2,400

View on Zillow →

14170 SW 84th St

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,147
Listed
Days on market

Asking rent: $2,350

View on Zillow →

13700 SW 62nd St Apt 138

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,262
Listed2026-08-28
Days on market

Asking rent: $2,500

View on Zillow →

14170 SW 84th St Apt 401F

Miami, 33183 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,166
Listed2026-08-27
Days on market

Asking rent: $2,500

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
6315 SW 138th Ct Unit 6315-4condos331,165$340,0002026-08-07
13045 SW 68th St Apt 111condos321,180$330,0002026-08-07
13522 SW 62nd St Unit H-Wcondos321,167$508,0002026-07-30
6235 SW 135th Avecondo_townhome_rowhome_coop321,167$515,0002026-07-16
5900 SW 127th Ave Apt 3311condos331,580$320,0002026-07-14
8650 SW 133rd Ave Rd Apt 213condos321,040$275,0002026-07-10
8400 SW 133rd Ave Rd Apt 107condos321,040$235,0002026-07-06
13700 SW 62nd St Apt 222condos321,262$310,0002026-06-30
14175 SW 87th St Unit C211condos321,328$165,0002026-06-23
6255 Kendale Lakes Cir Unit 128condos321,090$315,0002026-06-22
8400 SW 133rd Ave Rd Apt 118condos321,040$237,0002026-06-16
8540 SW 133rd Ave Rd Apt 112condos321,040$285,0002026-06-15
8650 SW 133rd Ave Rd Apt 314condos321,040$255,0002026-06-11
13700 SW 62nd St Apt 244condos321,262$305,0002026-06-11
6300 SW 138th Ct Apt 205condos321,600$335,0002026-05-05
13521 SW 62nd Ln Unit Bcondos321,395$480,0002026-04-30
5912 SW 137th Ave Unit 2condos321,439$400,0002026-04-01
14180 SW 84th St Apt 205Gcondos321,166$240,0002026-03-31
12736 SW 68th Lncondo_townhome_rowhome_coop321,183$495,0002026-03-27
5700 SW 127th Ave Apt 1304condos331,580$315,0002026-03-11
13867 SW 62nd Tercondos331,308$485,0002026-03-11
8309 SW 142nd Ave Apt G112condos321,160$320,0002026-03-09
6205 Kendale Lakes Cir Unit 279condos331,220$295,0002026-02-18
13932 Kendale Lakes Drcondo_townhome_rowhome_coop321,109$449,0002026-02-17
8600 SW 133rd Ave Rd Apt 107condos321,040$205,0002026-02-10
8400 SW 133rd Ave Rd Apt 202condos321,040$230,0002026-02-03
8500 SW 133rd Ave Rd Apt 123condos321,040$210,0002026-01-13
6651 SW 137th Ct Unit 3Bcondos321,500$330,0002026-01-09
8540 SW 133rd Ave Rd Apt 212condos321,040$280,0002026-01-06
13700 SW 62nd St Apt 205condos321,262$212,5002025-12-26
8420 SW 133rd Ave Rd Unit 219-2condos321,040$220,0002025-12-17
8321 SW 124th Ave Apt 104condos331,743$550,0002025-12-17
13953 Kendale Lakes Cir Unit 605Bcondos331,848$320,0002025-12-10
13953 Kendale Lakes County Rd Unit 305Bcondos331,848$420,0002025-12-10
8700 SW 133rd Ave Rd Apt 218condos321,040$220,0002025-11-17
8420 SW 133rd Ave Rd Apt 212condos321,040$258,0002025-10-27
8650 SW 133rd Ave Rd Apt 323condos321,040$271,5002025-10-24
8420 SW 133rd Ave Rd Apt 419condos321,040$220,0002025-10-22
14249 Kendale Lakes Cir Unit 14249condo_townhome_rowhome_coop331,934$480,0002025-10-03
8420 SW 133rd Ave Rd Apt 112condos321,040$220,0002025-09-30

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
14020 SW 83rd Stsingle_family321,472$815,000
6466 SW 130th Pl Apt 902townhomes321,150$367,000
13863 SW 62nd Tertownhomes331,308$449,000
6834 SW 127th Pltownhomes331,472$559,999
8351 SW 124th Ave Apt 106condos331,857$520,000
13517 SW 59th Lntownhomes321,290$469,000
8520 SW 133rd Ave Rd Apt 406condos321,040$295,500
11969 SW 81st Sttownhomes321,746$595,000

10-year hold projection

IRR1.2%
Equity multiple1.19x
Total return (10yr)$56,344
YearProperty valueNOICash flowLoan balanceEquity
1$324,450$10,215-$10,718$249,268$75,182
2$334,184$10,608-$10,362$246,348$87,836
3$344,209$11,016-$9,993$243,227$100,982
4$354,535$11,438-$9,611$239,893$114,642
5$365,171$11,874-$9,215$236,329$128,842
6$376,126$12,326-$8,804$232,521$143,606
7$387,410$12,795-$8,378$228,451$158,959
8$399,033$13,279-$7,937$224,102$174,931
9$411,004$13,781-$7,480$219,453$191,550
10$423,334$14,300-$7,006$214,486$208,847
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.