19080 NE 3rd Ct Apt 318
Miami, FL 33179 · condos · For Sale · 463 days on market
Asking price$100,000
0 beds 1 baths 407 sqft
Suggested offer$65,792$34,208 above the est. market value of $65,792.
View on Realtor.com →Listed by Olga G. Santillan · Beachfront Realty Inc
Typecondos
Built1968
Price / sqft$246
Est. value (own analysis)$65,792
Rent estimate (own analysis)$1,325/mo
HOA$209/mo
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2025-05-27
Removed date—
MLSMiamiMLS #A11810707
Coordinates25.94985, -80.19456
Address19080 NE 3rd Ct Apt 318
CityMiami
StateFL
Zip33179
Listing ID5913694455
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 | $100,000 |
| Down payment (20.0%) | $20,000 |
| Loan amount | $80,000 |
| Closing costs (5.0%) | $5,000 |
| Total cash to close | $25,000 |
| Income | |
| Rent (comp-derived) | $1,325$15,900 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,219$14,628 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $158$1,900 |
| Insurance (est. scaled by flood & wind risk) | $117$1,400 |
| HOA dues | $209$2,508 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $66$795 |
| Total operating expenses | $550$6,603 |
| 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) | $66$795 |
| 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 |
|---|---|---|---|---|---|---|---|
| apartment | 0 | 1 | 407 | $1,200 | 2026-07-18 | — | |
| condos | 0 | 1 | 410 | $1,250 | 2026-05-15 | — | |
| condos | 0 | 1 | 407 | $1,350 | 2026-05-07 | — | |
| condos | 0 | 1 | 407 | $1,300 | 2026-05-06 | — | |
| apartment | 0 | 1 | 406 | $1,495 | 2026-07-30 | — | |
| condos | 0 | 1 | 407 | $820 | 2022-05-02 | — | |
| apartment | 0 | 1 | 400 | $1,447 | — | — | |
| apartment | 0 | 1 | 406 | $1,550 | — | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 337 Ives Dairy Rd Apt 12 | condos | 2 | 2 | 1,715 | $280,000 | 2026-09-01 |
| 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 |
| 819 NE 199th St Unit 6-205 | condos | 2 | 2 | 870 | $189,000 | 2026-08-28 |
| 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 |
| 18555 NE 14th Ave Unit 502B | condos | 2 | 2 | 1,146 | $150,000 | 2026-08-26 |
| 1750 NE 191st St Unit 522-3 | condos | 2 | 2 | 1,036 | $190,000 | 2026-08-24 |
| 1200 NE Miami Gardens Dr Unit 605W | condos | 1 | 1 | 825 | $165,000 | 2026-08-24 |
| 831 NE 199th St Unit 101-34 | condos | 2 | 2 | 835 | $185,000 | 2026-08-21 |
| 927 NE 199th St Apt 103 | condos | 2 | 2 | 907 | $206,000 | 2026-08-20 |
| 1700 NE 191st St Apt 202 | condos | 1 | 1 | 686 | $105,000 | 2026-08-17 |
| 1201 NE 191st St Unit G304 | condos | 2 | 2 | 1,789 | $215,000 | 2026-08-13 |
| 20311 NE 2nd Ave Apt 21 | condos | 1 | 1 | 692 | $90,000 | 2026-08-13 |
| 1200 NE Miami Gardens Dr Unit 606W | condos | 2 | 2 | 1,283 | $220,000 | 2026-08-13 |
| 18900 NE 14th Ave Unit D106 | condos | 1 | 1 | 825 | $100,000 | 2026-08-11 |
| 1690 NE 191st St Unit 408-1 | condos | 2 | 2 | 1,315 | $220,000 | 2026-08-10 |
| 481 Ives Dairy Rd Unit 303-4 | condos | 2 | 2 | 1,287 | $190,000 | 2026-08-10 |
| 900 NE 195th St Apt 215 | condos | 2 | 2 | 1,080 | $199,900 | 2026-08-07 |
| 1301 NE Miami Gardens Dr Apt 1424W | condos | 1 | 2 | 861 | $150,000 | 2026-08-07 |
| 907 NE 199th St Apt 106 | condos | 2 | 2 | 907 | $185,000 | 2026-08-05 |
| 907 NE 199th St Apt 101 | condos | 2 | 2 | 1,070 | $160,000 | 2026-07-31 |
| 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 |
| 20140 NE 3rd Ct Apt 1 | condos | 2 | 2 | 978 | $179,000 | 2026-07-29 |
| 18900 NE 3rd Ct Apt 509 | condos | 2 | 1 | 850 | $125,000 | 2026-07-29 |
| 950 NE 199th St Unit 2H | condos | 2 | 2 | 1,192 | $135,000 | 2026-07-27 |
| 1351 NE Miami Gardens Dr Apt 1605E | condos | 2 | 2 | 1,140 | $155,000 | 2026-07-24 |
| 19001 NE 14th Ave Apt 107 | condos | 1 | 2 | 954 | $125,000 | 2026-07-24 |
| 20025 NE 3rd Ct Apt 8 | condos | 2 | 2 | 978 | $204,900 | 2026-07-24 |
| 115 NE 202nd Ter Unit M19 | condos | 2 | 2 | 1,012 | $149,000 | 2026-07-21 |
| 5488338328 | condos | 2 | 1 | 870 | $180,000 | 2026-07-17 |
| 1700 NE 191st St Apt 105 | condos | 2 | 2 | 1,036 | $150,000 | 2026-07-17 |
| 20311 NE 2nd Ave Apt 27 | condos | 1 | 1 | 692 | $90,000 | 2026-07-16 |
| 900 NE 195th St Apt 414 | condos | 2 | 2 | 1,220 | $160,000 | 2026-07-15 |
| 1301 NE Miami Gardens Dr Apt 1124W | condos | 1 | 2 | 861 | $154,000 | 2026-07-13 |
| 903 NE 199th St Apt 104 | condos | 2 | 2 | 907 | $250,000 | 2026-07-13 |
| 18740 NE 18th Ave Apt 142 | condos | 1 | 1 | 660 | $176,000 | 2026-07-09 |
| 1101 NE 191st St Apt 307 | condos | 2 | 2 | 1,156 | $185,000 | 2026-07-09 |
| 671 NE 195 St Unit 122E | condos | 1 | 2 | 952 | $134,000 | 2026-07-08 |
| 1770 NE 191st St Unit 411-1 | condos | 2 | 2 | 1,315 | $174,000 | 2026-07-07 |
| 1750 NE 191st St Apt 811 | condos | 2 | 2 | 1,317 | $150,000 | 2026-07-06 |
| 871 NE 207th Ln Unit 203-15 | condos | 2 | 2 | 970 | $200,000 | 2026-07-06 |
| 927 NE 199th St Apt 104 | condos | 2 | 2 | 907 | $184,000 | 2026-07-02 |
| 165 NE 203rd Ter Apt 30 | condos | 1 | 1 | 691 | $79,000 | 2026-07-02 |
| 605 Ives Dairy Rd Unit 305-7 | condos | 2 | 2 | 1,428 | $308,000 | 2026-07-01 |
| 1540 NE 191st St Apt 321 | condos | 1 | 2 | 954 | $140,000 | 2026-06-29 |
| 871 NE 207th Ter Apt 102 | condos | 2 | 2 | 970 | $190,000 | 2026-06-25 |
| 20120 NE 3rd Ct Apt 8 | condos | 2 | 2 | 978 | $209,500 | 2026-06-24 |
| 468 NE 206th Ln Apt 102 | condos | 3 | 2 | 1,065 | $259,900 | 2026-06-18 |
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 |
|---|---|---|---|---|---|---|
| 19080 NE 3rd Ct Apt 317 | condos | 0 | 1 | 407 | $115,000 | — |
| 19080 NE 3rd Ct Apt 312 | condos | 0 | 1 | 427 | $85,000 | — |
| 19080 NE 3rd Ct Apt 307 | condos | 0 | 1 | 407 | $89,000 | — |
10-year hold projection
IRR14.6%
Equity multiple3.25x
Total return (10yr)$69,419
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $103,000 | $8,025 | $1,061 | $79,133 | $23,867 |
| 2 | $106,090 | $8,299 | $1,315 | $78,206 | $27,884 |
| 3 | $109,273 | $8,582 | $1,577 | $77,215 | $32,058 |
| 4 | $112,551 | $8,874 | $1,848 | $76,157 | $36,394 |
| 5 | $115,927 | $9,175 | $2,129 | $75,025 | $40,902 |
| 6 | $119,405 | $9,487 | $2,419 | $73,816 | $45,589 |
| 7 | $122,987 | $9,809 | $2,718 | $72,524 | $50,463 |
| 8 | $126,677 | $10,142 | $3,027 | $71,144 | $55,533 |
| 9 | $130,477 | $10,485 | $3,347 | $69,668 | $60,809 |
| 10 | $134,392 | $10,840 | $3,678 | $68,091 | $66,301 |
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.