1770 NE 191st St Unit 401-1
Miami, FL 33179 · condos · For Sale · 2 days on market
Asking price$115,000
1 beds 2 baths 1,062 sqft
Tenant occupied
Listed by Norma Schneck · Douglas Elliman
Typecondos
Built1969
Price / sqft$108
Est. value (own analysis)$152,503
Rent estimate (own analysis)$1,750/mo
HOA$671/mo
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Statusfor_sale
Listed date2026-08-31
Removed date—
MLSMiamiMLS #A12079452
Coordinates25.95033, -80.16639
Address1770 NE 191st St Unit 401-1
CityMiami
StateFL
Zip33179
Listing ID5816528111
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 | $115,000 |
| Down payment (20.0%) | $23,000 |
| Loan amount | $92,000 |
| Closing costs (5.0%) | $5,750 |
| Total cash to close | $28,750 |
| Income | |
| Rent (comp-derived) | $1,750$21,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,610$19,320 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $182$2,185 |
| Insurance (placeholder 0.8% of price) | $77$920 |
| HOA dues | $671$8,052 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $88$1,050 |
| Total operating expenses | $1,017$12,207 |
| 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) | $88$1,050 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 1 | 2 | 889 | $1,795 | 2026-08-21 | — | |
| condos | 1 | 2 | 1,100 | $1,800 | 2026-08-20 | — | |
| condos | 1 | 1 | 825 | $1,575 | 2026-08-20 | — | |
| condos | 1 | 2 | 861 | $1,800 | 2026-08-19 | — | |
| apartment | 1 | 1 | 955 | $2,196 | 2024-04-12 | — | |
| condos | 1 | 1 | 909 | $1,750 | 2026-08-17 | — | |
| condos | 1 | 2 | 861 | $1,800 | 2026-08-17 | — | |
| condos | 1 | 1 | 825 | $1,850 | 2026-08-14 | — | |
| apartment | 1 | 2 | 861 | $1,850 | 2026-08-14 | — | |
| condos | 1 | 2 | 873 | $1,700 | 2026-08-13 | — | |
| condos | 1 | 2 | 861 | $1,700 | 2026-08-11 | — | |
| condos | 1 | 1 | 801 | $1,700 | 2026-08-08 | — | |
| condos | 1 | 2 | 861 | $1,750 | 2026-08-07 | — | |
| condos | 1 | 1 | 850 | $1,400 | 2026-08-07 | — | |
| condos | 1 | 1 | 775 | $1,650 | 2026-08-05 | — | |
| condos | 1 | 2 | 1,036 | $2,050 | 2026-08-05 | — | |
| condos | 1 | 1 | 801 | $1,700 | 2026-07-23 | — | |
| condos | 1 | 2 | 1,100 | $1,800 | 2026-07-22 | — | |
| condos | 1 | 2 | 861 | $1,850 | 2026-07-22 | — | |
| condos | 1 | 1 | 825 | $1,500 | 2026-07-22 | — | |
| condos | 1 | 2 | 823 | $1,400 | 2026-07-20 | — | |
| condos | 1 | 2 | 952 | $1,800 | 2026-07-20 | — | |
| condos | 1 | 2 | 898 | $1,700 | 2026-07-13 | — | |
| condos | 1 | 1 | 825 | $1,700 | 2026-07-11 | — | |
| condos | 1 | 2 | 954 | $1,450 | 2026-08-02 | — | |
| condos | 1 | 2 | 861 | $1,850 | 2026-07-09 | — | |
| condos | 1 | 1 | 1,151 | $1,400 | 2026-07-06 | — | |
| condos | 1 | 2 | 898 | $1,650 | 2026-07-04 | — | |
| condos | 1 | 1 | 1,272 | $1,200 | 2026-07-01 | — | |
| condos | 1 | 1 | 850 | $1,350 | 2026-06-24 | — | |
| condos | 1 | 2 | 954 | $1,750 | 2026-06-23 | — | |
| condos | 1 | 2 | 873 | $1,850 | 2026-06-23 | — | |
| condos | 1 | 1 | 779 | $1,550 | 2026-06-20 | — | |
| condos | 1 | 1 | 850 | $1,400 | 2026-06-17 | — | |
| condos | 1 | 2 | 1,090 | $1,890 | 2026-06-17 | — | |
| condos | 1 | 2 | 1,036 | $1,925 | 2026-06-12 | — | |
| condos | 1 | 1 | 779 | $1,850 | 2026-06-10 | — | |
| condos | 1 | 1 | 835 | $950 | 2026-06-04 | — | |
| condos | 1 | 2 | 861 | $1,850 | 2026-06-03 | — | |
| condos | 1 | 2 | 898 | $1,550 | 2026-06-03 | — | |
| condos | 1 | 1 | 692 | $1,500 | 2026-06-02 | — | |
| apartment | 1 | 1.5 | 896 | $1,800 | 2026-05-29 | — | |
| condos | 1 | 2 | 932 | $2,495 | 2026-05-28 | — | |
| condos | 1 | 2 | 861 | $1,800 | 2026-05-28 | — | |
| condos | 1 | 2 | 823 | $1,600 | 2026-05-27 | — | |
| condos | 1 | 1 | 816 | $2,200 | 2026-05-27 | — | |
| condos | 1 | 1 | 873 | $1,750 | 2026-05-15 | — | |
| condos | 1 | 2 | 898 | $1,600 | 2026-05-14 | — | |
| condos | 1 | 1 | 825 | $1,650 | 2026-05-13 | — | |
| condos | 1 | 2 | 1,036 | $1,750 | 2026-05-08 | — | |
| condos | 1 | 2 | 1,100 | $1,700 | 2026-05-07 | — | |
| condos | 1 | 2 | 861 | $1,650 | 2026-05-01 | — | |
| condos | 1 | 2 | 898 | $1,900 | 2026-08-03 | — | |
| condos | 1 | 2 | 954 | $1,800 | 2026-08-01 | — | |
| condos | 1 | 2 | 1,100 | $1,980 | 2026-07-30 | — | |
| condos | 1 | 1 | 825 | $1,800 | 2026-07-28 | — | |
| condos | 1 | 2 | 954 | $1,750 | 2026-03-19 | — | |
| condos | 1 | 2 | 889 | $1,600 | 2026-08-24 | — | |
| condos | 1 | 2 | 1,036 | $1,600 | 2026-03-14 | — | |
| condos | 1 | 2 | 898 | $1,650 | 2026-04-09 | — | |
| condos | 1 | 1 | 825 | $1,500 | 2026-04-03 | — | |
| condos | 1 | 1 | 909 | $1,700 | 2026-08-24 | — | |
| condos | 1 | 2 | 889 | $1,750 | 2026-04-16 | — | |
| condos | 1 | 2 | 898 | $1,750 | 2026-04-23 | — | |
| condos | 1 | 2 | 861 | $1,700 | 2026-04-03 | — | |
| condos | 1 | 1 | 825 | $1,590 | 2026-04-13 | — | |
| condos | 1 | 2 | 889 | $1,650 | 2026-03-11 | — | |
| condos | 1 | 2 | 954 | $1,550 | 2025-12-16 | — | |
| condos | 1 | 2 | 873 | $1,650 | 2026-03-11 | — | |
| condos | 1 | 2 | 883 | $1,600 | 2026-03-20 | — | |
| condos | 1 | 1 | 909 | $1,750 | 2026-02-13 | — | |
| condos | 1 | 1 | 909 | $1,750 | 2026-02-13 | — | |
| condos | 1 | 2 | 830 | $1,800 | 2026-04-01 | — | |
| apartment | 1 | 1 | 1,222 | $2,330 | — | — | |
| apartment | 1 | 1 | 781 | $2,194 | — | — | |
| apartment | 1 | 1 | 870 | $1,850 | — | — | |
| apartment | 1 | 1 | 850 | $1,834 | — | — | |
| apartment | 1 | 1 | 850 | $1,834 | — | — | |
| apartment | 1 | 1 | 800 | $2,199 | — | — | |
| condos | 1 | 2 | 954 | $1,590 | 2026-08-28 | — | |
| condos | 1 | 2 | 898 | $1,800 | 2026-08-27 | — | |
| apartment | 1 | 2 | 954 | $1,800 | 2026-08-27 | — | |
| apartment | 1 | 1 | 800 | $1,700 | 2025-01-18 | — | |
| apartment | 1 | 1 | 781 | $2,149 | 2025-07-07 | — | |
| apartment | 1 | 1 | 692 | $1,700 | 2026-08-05 | — | |
| condos | 1 | 2 | 1,077 | $1,800 | 2026-08-24 | — | |
| condos | 1 | 2 | 1,036 | $1,650 | 2026-05-01 | — | |
| condos | 1 | 1 | 909 | $2,000 | 2026-08-26 | — | |
| condos | 1 | 1 | 850 | $1,650 | 2026-05-29 | — | |
| condos | 1 | 1 | 850 | $1,876 | 2026-08-12 | — | |
| apartment | 1 | 2 | 850 | $1,900 | 2025-08-18 | — | |
| condos | 1 | 2 | 861 | $1,750 | — | — | |
| apartment | 1 | 1 | 800 | $2,159 | — | — | |
| apartment | 1 | 1 | 781 | $2,169 | — | — | |
| apartment | 1 | 1 | 781 | $2,169 | — | — | |
| apartment | 1 | 1 | 800 | $2,184 | — | — | |
| apartment | 1 | 1 | 750 | $1,427 | — | — | |
| apartment | 1 | 1 | 905 | $1,856 | — | — | |
| apartment | 1 | 1 | 905 | $1,834 | — | — | |
| apartment | 1 | 1 | 850 | $1,812 | — | — | |
| apartment | 1 | 1 | 781 | $2,149 | — | — | |
| apartment | 1 | 1 | 800 | $2,159 | — | — | |
| apartment | 1 | 1 | 800 | $2,204 | — | — | |
| apartment | 1 | 1 | 781 | $2,214 | — | — | |
| apartment | 1 | 1 | 781 | $2,219 | — | — | |
| condos | 1 | 2 | 861 | $1,750 | 2026-08-29 | — | |
| condos | 1 | 2 | 1,002 | $1,900 | 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 |
|---|---|---|---|---|---|---|
| 1540 NE 191st St Apt 140 | condos | 1 | 2 | 954 | $135,000 | 2026-08-31 |
| 175 NE 203rd Ter Apt 28 | condos | 1 | 1 | 692 | $93,000 | 2026-08-31 |
| 19051 NE 2nd Ave Apt 1514 | condos | 1 | 1 | 850 | $60,000 | 2026-08-28 |
| 1301 NE 191st St Unit F103 | condos | 1 | 2 | 898 | $175,000 | 2026-08-28 |
| 1200 NE Miami Gardens Dr Unit 605W | condos | 1 | 1 | 825 | $165,000 | 2026-08-24 |
| 1700 NE 191st St Apt 202 | condos | 1 | 1 | 686 | $105,000 | 2026-08-17 |
| 20311 NE 2nd Ave Apt 21 | condos | 1 | 1 | 692 | $90,000 | 2026-08-13 |
| 18900 NE 14th Ave Unit D106 | condos | 1 | 1 | 825 | $100,000 | 2026-08-11 |
| 1301 NE Miami Gardens Dr Apt 1424W | condos | 1 | 2 | 861 | $150,000 | 2026-08-07 |
| 70 NE 202nd Ter Apt T14 | condos | 1 | 1 | 660 | $50,000 | 2026-07-31 |
| 20850 San Simeon Way Unit 408-5 | condos | 1 | 2 | 1,100 | $180,000 | 2026-07-29 |
| 19001 NE 14th Ave Apt 107 | condos | 1 | 2 | 954 | $125,000 | 2026-07-24 |
| 20311 NE 2nd Ave Apt 27 | condos | 1 | 1 | 692 | $90,000 | 2026-07-16 |
| 1301 NE Miami Gardens Dr Apt 1124W | condos | 1 | 2 | 861 | $154,000 | 2026-07-13 |
| 18740 NE 18th Ave Apt 142 | condos | 1 | 1 | 660 | $176,000 | 2026-07-09 |
| 671 NE 195 St Unit 122E | condos | 1 | 2 | 952 | $134,000 | 2026-07-08 |
| 165 NE 203rd Ter Apt 30 | condos | 1 | 1 | 691 | $79,000 | 2026-07-02 |
| 1540 NE 191st St Apt 321 | condos | 1 | 2 | 954 | $140,000 | 2026-06-29 |
| 100 NE 203rd Ter Apt 14 | condos | 1 | 1 | 691 | $102,000 | 2026-06-18 |
| 20320 NE 2nd Ave Apt 7 | condos | 1 | 1 | 692 | $97,500 | 2026-06-17 |
| 1301 NE Miami Gardens Dr Apt 813W | condos | 1 | 2 | 861 | $127,000 | 2026-06-08 |
| 165 NE 203rd Ter Apt 31 | condos | 1 | 1 | 691 | $90,000 | 2026-06-05 |
| 1075 NE Miami Gardens Dr Unit 707 | condos | 1 | 2 | 873 | $190,000 | 2026-05-25 |
| 1680 NE 191st St Unit 107-2 | condos | 1 | 2 | 1,036 | $125,000 | 2026-05-22 |
| 285 NE 191st St Apt 2923 | condos | 1 | 1 | 660 | $53,500 | 2026-05-21 |
| 871 NE 195th St Apt 202 | condos | 1 | 2 | 1,091 | $150,000 | 2026-05-19 |
| 1780 NE 191st St Unit 806-2 | condos | 1 | 1 | 947 | $133,500 | 2026-05-18 |
| 1530 NE 191st St Apt 306 | condos | 1 | 2 | 954 | $157,000 | 2026-05-14 |
| 1301 NE Miami Gardens Dr Apt 824W | condos | 1 | 2 | 861 | $135,000 | 2026-05-14 |
| 1351 NE Miami Gardens Dr Apt 722E | condos | 1 | 2 | 861 | $164,000 | 2026-05-07 |
| 1200 NE Miami Gardens Dr Unit 905W | condos | 1 | 1 | 825 | $158,000 | 2026-05-05 |
| 52 NE 204th St Apt 6 | condos | 1 | 1 | 711 | $104,900 | 2026-05-01 |
| 20120 NE 2nd Ave Apt W20 | condos | 1 | 1 | 836 | $115,000 | 2026-04-24 |
| 1401 NE Miami Gardens Dr Apt 287 | condos | 1 | 2 | 921 | $130,000 | 2026-04-23 |
| 1140 NE 191st St Unit 24 | condos | 1 | 2 | 830 | $150,000 | 2026-04-21 |
| 1770 NE 191st St Unit 112-1 | condos | 1 | 2 | 1,036 | $144,000 | 2026-04-21 |
| 1690 NE 191st St Unit 404-1 | condos | 1 | 2 | 1,036 | $85,000 | 2026-04-20 |
| 1789 NE Miami Gardens Dr Unit W403 | condos | 1 | 2 | 827 | $250,000 | 2026-04-15 |
| 661 NE 195th St Apt 103 | condos | 1 | 2 | 961 | $140,000 | 2026-04-09 |
| 115 NE 202 Ter Unit M21 | condos | 1 | 1 | 660 | $104,000 | 2026-03-06 |
| 1780 NE 191st St Unit 705-2 | condos | 1 | 2 | 1,036 | $152,900 | 2026-03-05 |
| 445 NE 195th St Apt 431 | condos | 1 | 2 | 1,002 | $130,000 | 2026-02-27 |
| 1401 NE Miami Gardens Dr Apt 787 | condos | 1 | 2 | 921 | $137,000 | 2026-02-26 |
| 1680 NE 191st St Apt 415 | condos | 1 | 1 | 909 | $125,000 | 2026-02-24 |
| 879 NE 195th St Apt 424 | condos | 1 | 1 | 968 | $119,000 | 2026-02-18 |
| 11 NE 204th St Unit 6D | condos | 1 | 1 | 711 | $110,000 | 2026-02-13 |
| 1200 NE Miami Gardens Dr Unit 710W | condos | 1 | 2 | 889 | $168,000 | 2026-02-12 |
| 18707 NE 14th Ave Apt 638 | condos | 1 | 2 | 846 | $110,000 | 2026-02-05 |
| 877 NE 195th St Apt 217 | condos | 1 | 2 | 1,082 | $115,000 | 2026-01-30 |
| 18601 NE 14th Ave Apt 201 | condos | 1 | 2 | 861 | $165,000 | 2026-01-28 |
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 |
|---|---|---|---|---|---|---|
| 1501 NE 191st St Apt C412 | condos | 1 | 2 | 898 | $160,000 | — |
| 18707 NE 14th Ave Apt 727 | condos | 1 | 1 | 802 | $165,000 | — |
| 1401 NE Miami Gardens Dr Apt 286 | condos | 1 | 2 | 921 | $169,000 | — |
| 1301 NE 191st St Unit F103 | condos | 1 | 2 | 898 | $180,000 | — |
| 671 NE 195th St Apt 207E | condos | 1 | 2 | 952 | $165,000 | — |
| condos | 1 | 2 | 889 | $198,500 | — | |
| 1301 NE Miami Gardens Dr Apt 1404W | condos | 1 | 2 | 861 | $180,000 | — |
| 952 NE 199th St Unit 4K | condos | 1 | 2 | 823 | $155,000 | — |
10-year hold projection
IRR8.8%
Equity multiple2.40x
Total return (10yr)$55,259
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $118,450 | $7,113 | -$1,032 | $91,002 | $27,448 |
| 2 | $122,004 | $7,387 | -$783 | $89,936 | $32,067 |
| 3 | $125,664 | $7,672 | -$526 | $88,797 | $36,866 |
| 4 | $129,434 | $7,966 | -$259 | $87,580 | $41,854 |
| 5 | $133,317 | $8,271 | $17 | $86,279 | $47,038 |
| 6 | $137,316 | $8,586 | $303 | $84,888 | $52,428 |
| 7 | $141,435 | $8,913 | $600 | $83,402 | $58,033 |
| 8 | $145,679 | $9,251 | $908 | $81,814 | $63,864 |
| 9 | $150,049 | $9,601 | $1,227 | $80,117 | $69,931 |
| 10 | $154,550 | $9,963 | $1,557 | $78,304 | $76,246 |
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.