1419 SW 22nd Ave

Miami, FL 33145 · multi_family · For Sale · 77 days on market
Asking price$1,455,000
8 beds 4 baths 2,755 sqft
Suggested offer$1,129,936$325,064 above the est. market value of $1,129,936.
View on Realtor.com →
Listed by Julio Hernandez · Select International Realty, Llc.
Typemulti_family
Built1995
Price / sqft$528
Est. value (own analysis)$1,129,936
Rent estimate (building total, own analysis)$8,678/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-17
Removed date
MLSMiamiMLS #A12038854
Coordinates25.75911, -80.23017
Address1419 SW 22nd Ave
CityMiami
StateFL
Zip33145
Listing ID6059375218
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33145)

Typical home value (ZHVI)$735,527
Typical rent (ZORI)$3,018/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$1,455,000
Down payment (20.0%)$291,000
Loan amount$1,164,000
Closing costs (5.0%)$72,750
Total cash to close$363,750
Rent (estimate)$8,678$104,139
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$104,139
Vacancy rate (assumption) assumption8.0%

$104,139 × 8.0% = $8,331

Effective gross income$7,984$95,808
Property tax (placeholder 1.9% of price)$2,304$27,645
Insurance (placeholder 0.8% of price)$970$11,640
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$434$5,207
Total operating expenses$3,708$44,492
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$95,808
Total operating expenses derived$44,492

$95,808 − $44,492 = $51,316

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$1,164,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,164,000 amortized at 6.7% over 30 years = $7,480/mo

CapEx reserve (5.0% of GSR)$434$5,207
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$51,316
Annual debt service derived$89,762
Annual CapEx reserve assumption$5,207
Annual PMI assumption$0

($51,316 − $89,762 − $5,207 − $0) ÷ 12 = -$3,638

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$51,316
Purchase price data$1,455,000

$51,316 ÷ $1,455,000 = 3.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$43,653
Total cash to close derived$363,750

-$43,653 ÷ $363,750 = -12.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$51,316
Annual debt service derived$89,762

$51,316 ÷ $89,762 = 0.57

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$104,139
Purchase price data$1,455,000

($104,139 ÷ 12) ÷ $1,455,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,455,000
Gross scheduled rent (annual) comp$104,139

$1,455,000 ÷ $104,139 = 14.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$44,492
Effective gross income derived$95,808

$44,492 ÷ $95,808 = 46.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$44,492
Annual debt service derived$89,762
Annual PMI assumption$0
Gross scheduled rent (annual) comp$104,139

($44,492 + $89,762 + $0) ÷ $104,139 = 128.9%

Comparables

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

No active rental listings cached yet for this bedroom count.

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
1701 SW 21st Stmulti_family1,899$750,0002026-08-10
2801 SW 24th Stmulti_family2,805$830,0002026-07-28
3460 SW 24th Termulti_family1,946$690,0002026-07-23
3431 3433 Sw 16 Termulti_family3,704$1,740,0002026-07-02
2385 SW 22nd Termulti_family421,779$1,215,0002026-06-18
2933 SW 24th Stmulti_family1,312$710,0002026-06-12
3611 SW 23rd Stmulti_family2,525$1,000,0002026-06-04
3501 SW 16th Termulti_family2,016$750,0002026-06-04
1395 SW 22nd Termulti_family2,224$1,000,0002026-06-01
3166 SW 22nd Termulti_family2,580$1,000,0002026-05-29
1337 SW 15th Stmulti_family2,736$1,365,0002026-05-22
3461 SW 24th Stmulti_family642,550$1,100,0002026-05-22
3210 SW 24th Termulti_family2,020$935,0002026-05-18
3561 SW 14th Stmulti_family1,771$700,0002026-04-28
3565 SW 14th Stmulti_family1,771$700,0002026-04-24
3310 SW 1st Avemulti_family431,498$775,0002026-04-23
2740 SW 23rd Stmulti_family4,761$1,300,0002026-04-17
2612 SW 19th Termulti_family421,450$562,5002026-04-10
3577 SW 17th Stmulti_family2,110$1,325,0002026-04-01
2039 SW 17th Stmulti_family322,110$885,0002026-03-09
1352 SW 14th Stmulti_family423,458$1,050,0002026-03-09
1836 SW 23rd Termulti_family321,716$675,0002026-02-18
3269 SW 23rd Termulti_family1,635$950,0002026-02-10
2268 SW 16th Termulti_family432,412$1,650,0002026-01-07
2895 SW 23rd Termulti_family1,378$580,0002025-12-29
2269 SW 17th Stmulti_family421,019$575,0002025-12-17
3231 SW 23rd Termulti_family532,236$1,200,0002025-12-08
1475 SW 22nd Termulti_family532,349$600,0002025-11-21
2445 SW 18th Stmulti_family2,420$1,150,0002025-11-10
2613 SW 16th Termulti_family2,652$850,0002025-11-07
3480 SW 22nd Termulti_family$725,0002025-11-04
3540 SW 24th Stmulti_family2,255$950,0002025-10-28
3347 SW 24th Stmulti_family422,515$855,0002025-10-28
1800 SW 13th Stmulti_family734,879$1,500,0002025-10-20
3064 SW 16th Termulti_family2,075$950,0002025-10-09
2490 SW 17th Stmulti_family2,821$810,0002025-10-08
2121 SW 13th Avemulti_family2,370$950,0002025-10-02
2301 SW 17th Avemulti_family432,239$1,100,0002025-09-30
3545 SW 13th Termulti_family2,350$800,0002025-09-22

Widened to city-wide. 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
650 NW 28th Stmulti_family843,204$1,350,000
3431-3433 SW 4th Stmulti_family863,429$1,249,000
2500 NW 91st Stsingle_family851,716$749,999
1021 NW 30th Stmulti_family852,800$1,200,000
10201 SW 64th Stsingle_family867,061$5,499,000
2900 NW 10th Avemulti_family843,640$1,500,000
1629 NW 40th Stmulti_family86$969,900
1627 NW 40th Stsingle_family86$969,900

10-year hold projection

IRR2.2%
Equity multiple1.35x
Total return (10yr)$317,589
YearProperty valueNOICash flowLoan balanceEquity
1$1,498,650$51,316-$43,653$1,151,380$347,270
2$1,543,610$53,078-$42,021$1,137,893$405,717
3$1,589,918$54,898-$40,334$1,123,479$466,438
4$1,637,615$56,779-$38,591$1,108,076$529,539
5$1,686,744$58,722-$36,788$1,091,616$595,128
6$1,737,346$60,729-$34,924$1,074,025$663,321
7$1,789,466$62,803-$32,998$1,055,226$734,241
8$1,843,150$64,945-$31,007$1,035,136$808,015
9$1,898,445$67,157-$28,949$1,013,666$884,779
10$1,955,398$69,443-$26,822$990,722$964,676
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.