19800 SW 180th Ave Lot 131

Miami, FL 33187 · mobile · For Sale · 18 days on market
Asking price$300,000
3 beds 2 baths 1,430 sqft
Suggested offer$241,154$58,846 above the est. market value of $241,154.
View on Realtor.com →
Listed by Joel Gonzalez · The MOC Group, LLC.
Typemobile
Built2003
Price / sqft$210
Est. value (own analysis)$241,154
Rent estimate (own analysis)$2,700/mo
HOA$168/mo
Wind10/10Extreme$Heat10/10ExtremeFlood5/10major$Wildfire3/10ModerateAir2/10Minor
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-15
Removed date
MLSMiamiMLS #A12071835
Coordinates25.58173, -80.48098
Address19800 SW 180th Ave Lot 131
CityMiami
StateFL
Zip33187
Listing ID5891517792
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33187)

Typical home value (ZHVI)$720,811
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$300,000
Down payment (20.0%)$60,000
Loan amount$240,000
Closing costs (5.0%)$15,000
Total cash to close$75,000
Rent (comp-derived)$2,700$32,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$32,400
Vacancy rate (assumption) assumption8.0%

$32,400 × 8.0% = $2,592

Effective gross income$2,484$29,808
Property tax (placeholder 1.9% of price)$475$5,700
Insurance (est. scaled by flood & wind risk)$350$4,200
HOA dues$168$2,016
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$135$1,620
Total operating expenses$1,128$13,536
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$29,808
Total operating expenses derived$13,536

$29,808 − $13,536 = $16,272

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$240,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$240,000 amortized at 6.7% over 30 years = $1,542/mo

CapEx reserve (5.0% of GSR)$135$1,620
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$16,272
Annual debt service derived$18,508
Annual CapEx reserve assumption$1,620
Annual PMI assumption$0

($16,272 − $18,508 − $1,620 − $0) ÷ 12 = -$321

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$16,272
Purchase price data$300,000

$16,272 ÷ $300,000 = 5.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$3,856
Total cash to close derived$75,000

-$3,856 ÷ $75,000 = -5.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$16,272
Annual debt service derived$18,508

$16,272 ÷ $18,508 = 0.88

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$32,400
Purchase price data$300,000

($32,400 ÷ 12) ÷ $300,000 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$300,000
Gross scheduled rent (annual) comp$32,400

$300,000 ÷ $32,400 = 9.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$13,536
Effective gross income derived$29,808

$13,536 ÷ $29,808 = 45.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$13,536
Annual debt service derived$18,508
Annual PMI assumption$0
Gross scheduled rent (annual) comp$32,400

($13,536 + $18,508 + $0) ÷ $32,400 = 98.9%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
mobile321,430$2,7002026-08-10
mobile321,690$2,7002026-07-10

19800 SW 180th Ave Lot 222

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,430
Listed2026-08-10
Days on market

Asking rent: $2,700

View on Zillow →

19800 SW 180th Ave Lot 588

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,690
Listed2026-07-10
Days on market

Asking rent: $2,700

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
19800 SW 180th Ave Lots 82 & 81mobile321,690$285,0002026-07-15
19800 SW 180th Ave Lot 247mobile321,170$260,0002026-07-13
19800 SW 180th Ave Lot 320mobile321,690$268,0002026-06-01
19800 SW 180th Ave Lot 144mobile321,690$225,0002026-03-13
19800 SW 180th Ave Lot 51mobile321,170$245,0002026-02-13
19800 Sw # 180mobile321,690$270,0002026-02-10
19800 SW 180th Ave Lot 394mobile321,170$182,0002025-12-29
19800 SW 180th Ave Lot 573mobile321,170$260,0002025-11-25
5498630025mobile321,690$310,0002025-11-18
19800 SW 180th Ave Lot 5mobile321,430$180,0002025-10-17
19800 SW 180th Ave Lot 123mobile321,170$240,0002025-09-05

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
19800 SW 180th Ave Lot 105mobile321,690$310,000
15481 SW 155th Tersingle_family321,448$724,800
19651 SW 168th Stsingle_family331,905$2,800,000
14770 SW 172nd Stsingle_family321,465$645,000
18062 SW 147th Cttownhomes331,520$480,000
15431 SW 177th Tersingle_family321,618$689,900
single_family322,020$782,999
18324 SW 148th Rdtownhomes331,520$480,000

10-year hold projection

IRR7.3%
Equity multiple2.15x
Total return (10yr)$125,742
YearProperty valueNOICash flowLoan balanceEquity
1$309,000$16,272-$3,856$237,398$71,602
2$318,270$16,828-$3,340$234,617$83,653
3$327,818$17,402-$2,808$231,645$96,173
4$337,653$17,995-$2,257$228,470$109,183
5$347,782$18,608-$1,688$225,076$122,706
6$358,216$19,241-$1,100$221,449$136,767
7$368,962$19,895-$492$217,573$151,389
8$380,031$20,570$137$213,431$166,600
9$391,432$21,268$786$209,004$182,428
10$403,175$21,988$1,457$204,273$198,902
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.