11220 SW 67th Ave

Pinecrest, FL 33156 · single_family · For Sale · 195 days on market
Asking price$2,995,000
4 beds 4 baths 4,182 sqft
Suggested offer$2,801,511$193,489 above the est. market value of $2,801,511.
View on Realtor.com →
Listed by Dennis Carvajal · One Sotheby's International Realty
Typesingle_family
Built1955
Price / sqft$716
Est. value (own analysis)$2,801,511
Rent estimate (own analysis)$11,450/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-02-19
Removed date
MLSMiamiMLS #A11968003
Coordinates25.66661, -80.30264
Address11220 SW 67th Ave
CityPinecrest
StateFL
Zip33156
Listing ID5898759525
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33156)

Typical home value (ZHVI)$1,543,591
Typical rent (ZORI)$2,706/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$2,995,000
Down payment (20.0%)$599,000
Loan amount$2,396,000
Closing costs (5.0%)$149,750
Total cash to close$748,750
Rent (comp-derived)$11,450$137,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$137,400
Vacancy rate (assumption) assumption8.0%

$137,400 × 8.0% = $10,992

Effective gross income$10,534$126,408
Property tax (placeholder 1.9% of price)$4,742$56,905
Insurance (est. scaled by flood & wind risk)$3,195$38,336
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$573$6,870
Total operating expenses$8,509$102,111
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$126,408
Total operating expenses derived$102,111

$126,408 − $102,111 = $24,297

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$2,396,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,396,000 amortized at 6.7% over 30 years = $15,397/mo

CapEx reserve (5.0% of GSR)$573$6,870
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$24,297
Annual debt service derived$184,768
Annual CapEx reserve assumption$6,870
Annual PMI assumption$0

($24,297 − $184,768 − $6,870 − $0) ÷ 12 = -$13,945

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$24,297
Purchase price data$2,995,000

$24,297 ÷ $2,995,000 = 0.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$167,341
Total cash to close derived$748,750

-$167,341 ÷ $748,750 = -22.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$24,297
Annual debt service derived$184,768

$24,297 ÷ $184,768 = 0.13

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$137,400
Purchase price data$2,995,000

($137,400 ÷ 12) ÷ $2,995,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,995,000
Gross scheduled rent (annual) comp$137,400

$2,995,000 ÷ $137,400 = 21.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$102,111
Effective gross income derived$126,408

$102,111 ÷ $126,408 = 80.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$102,111
Annual debt service derived$184,768
Annual PMI assumption$0
Gross scheduled rent (annual) comp$137,400

($102,111 + $184,768 + $0) ÷ $137,400 = 208.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family443,001$7,500
single_family442,834$13,9002026-07-13
single_family422,723$8,0002026-08-15
single_family432,925$15,0002026-06-22
single_family433,071$10,5002026-03-27
single_family443,346$9,9002026-07-06
single_family432,940$11,5002026-08-19
single_family443,381$23,0002026-05-14
single_family445,005$18,0002026-06-08
single_family442,798$11,4002026-06-24

11064 SW 79th Path # 0

Miami, 33156 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,001
Listed
Days on market

Asking rent: $7,500

View on Zillow →

1601 Lugo Ave

Coral Gables, 33156 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,834
Listed2026-07-13
Days on market

Asking rent: $13,900

View on Zillow →

7100 SW 119th St Unit 0

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,723
Listed2026-08-15
Days on market

Asking rent: $8,000

View on Zillow →

13005 Zambrana St

Coral Gables, 33156 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,925
Listed2026-06-22
Days on market

Asking rent: $15,000

View on Zillow →

7925 SW 124th St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage3,071
Listed2026-03-27
Days on market

Asking rent: $10,500

View on Zillow →

12525 SW 68th Ct

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,346
Listed2026-07-06
Days on market

Asking rent: $9,900

View on Zillow →

12555 SW 69th Ct

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,940
Listed2026-08-19
Days on market

Asking rent: $11,500

View on Zillow →

13035 Nevada St

Coral Gables, 33156 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,381
Listed2026-05-14
Days on market

Asking rent: $23,000

View on Zillow →

5600 Oakwood Ln

Coral Gables, 33156 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage5,005
Listed2026-06-08
Days on market

Asking rent: $18,000

View on Zillow →

7240 SW 119th St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,798
Listed2026-06-24
Days on market

Asking rent: $11,400

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
13470 SW 67th Avesingle_family443,258$2,900,0002026-09-01
6980 SW 104th Stsingle_family433,002$1,650,0002026-08-27
5780 Las Palmas Drsingle_family444,638$3,500,0002026-08-26
12050 Moss Ranch Rdsingle_family443,191$3,375,0002026-08-21
1115 San Pedro Avesingle_family442,960$4,750,0002026-08-21
9801 SW 73rd Ctsingle_family442,539$1,925,0002026-08-18
7350 SW 129th Stsingle_family432,982$1,650,0002026-08-13
6060 SW 133rd Stsingle_family423,183$2,425,0002026-08-11
7255 SW 126th Stsingle_family44$1,315,0002026-08-10
1400 Coruna Avesingle_family443,639$3,400,0002026-08-10
11490 SW 72nd Ctsingle_family432,616$1,620,0002026-08-05
9710 SW 72nd Ctsingle_family421,805$1,620,0002026-08-03
11100 SW 73rd Ctsingle_family423,669$2,400,0002026-07-31
8255 SW 134th Stsingle_family421,766$1,350,0002026-07-28
8595 SW 128th Stsingle_family421,404$705,0002026-07-28
7345 SW 122nd Stsingle_family432,348$1,777,5002026-07-27
6601 Chapman Field Drsingle_family433,678$2,700,0002026-07-15
13276 SW 58th Ct # 58single_family422,625$1,653,8002026-07-15
12991 Lerida Stsingle_family453,668$5,930,0002026-07-10
1500 Lugo Avesingle_family432,512$2,125,0002026-07-09
7000 SW 125th Stsingle_family443,508$2,350,0002026-07-08
6860 SW 128th Stsingle_family433,173$2,150,0002026-07-08
12365 SW 60th Ctsingle_family432,747$2,800,0002026-07-08
6810 SW 112th Stsingle_family423,397$2,500,0002026-06-29
10621 SW 77th Avesingle_family442,709$1,750,0002026-06-17
8030 SW 96th Stsingle_family422,124$1,225,0002026-06-05
7440 SW 126th Stsingle_family433,063$1,725,0002026-06-05
10431 SW 82nd Ctsingle_family422,043$1,265,0002026-06-04
10703 SW 84th Avesingle_family453,567$2,000,0002026-06-01
10740 SW 73rd Ctsingle_family442,840$2,675,0002026-06-01
1145 San Pedro Avesingle_family434,000$5,000,0002026-05-29
6841 SW 130th Tersingle_family433,520$2,300,0002026-05-21
13100 SW 81st Avesingle_family432,467$1,575,0002026-05-19
9200 SW 70th Avesingle_family443,428$1,820,0002026-05-19
7870 SW 98th Stsingle_family442,357$1,150,0002026-05-15
6845 SW 129th Tersingle_family432,960$1,950,0002026-05-15
7125 SW 119th Stsingle_family422,952$2,775,0002026-05-14
6400 SW 133rd Drsingle_family433,120$2,050,0002026-05-11
11003 SW 77th Court Cirsingle_family433,516$1,950,0002026-05-08
610 Reinante Avesingle_family443,169$5,700,0002026-05-07
8220 SW 133rd Stsingle_family442,874$2,150,0002026-05-07
8295 SW 116th Stsingle_family423,250$2,100,0002026-04-30
5845 SW 96th Stsingle_family432,548$2,144,8002026-04-27
7451 SW 133rd Stsingle_family443,135$1,720,0002026-04-14
8259 SW 120th Tersingle_family453,573$1,999,9902026-04-13
10700 SW 72nd Ctsingle_family432,738$1,550,0002026-04-13
8240 SW 89th Stsingle_family422,290$270,0002026-04-10
6495 SW 116th Stsingle_family423,836$3,200,0002026-04-09
8250 SW 95th Stsingle_family421,546$1,025,0002026-04-08
7485 SW 122nd Stsingle_family432,694$2,500,0002026-04-06

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
5455 SW 88th Stsingle_family433,450$4,455,000
8500 SW 106th Stsingle_family432,384$2,200,000
9980 SW 83rd Avesingle_family433,059$2,550,000
8520 SW 119th Stsingle_family42$1,455,000
9812 SW 77th Plsingle_family442,142$1,149,000
8250 SW 118th Tersingle_family442,898$1,349,000
8660 SW 125th Tersingle_family421,538$859,000
10600 SW 80th Ctsingle_family432,176$1,390,000

10-year hold projection

IRR-5.0%
Equity multiple0.17x
Total return (10yr)-$232,803
YearProperty valueNOICash flowLoan balanceEquity
1$3,084,850$24,297-$167,341$2,370,022$714,828
2$3,177,396$25,536-$166,273$2,342,260$835,135
3$3,272,717$26,826-$165,160$2,312,592$960,126
4$3,370,899$28,167-$163,999$2,280,886$1,090,013
5$3,472,026$29,562-$162,789$2,247,003$1,225,023
6$3,576,187$31,012-$161,529$2,210,793$1,365,393
7$3,683,472$32,520-$160,215$2,172,097$1,511,375
8$3,793,976$34,088-$158,846$2,130,744$1,663,233
9$3,907,796$35,718-$157,421$2,086,550$1,821,245
10$4,025,030$37,411-$155,937$2,039,322$1,985,708
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.