19051 SW 147th Ave
Miami, FL 33187 · single_family · For Sale · 78 days on market
Asking price$6,499,000
2 beds 4 baths 2,146 sqft
Suggested offer$1,165,600$5,333,400 above the est. market value of $1,165,600.
View on Realtor.com →Listed by Zachary Tranten · KEYS GATE REALTY, INC.
Typesingle_family
Built1935
Price / sqft$3028
Est. value (own analysis)$1,165,600
Rent estimate (own analysis)$2,975/mo
HOANone
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Statusfor_sale
Listed date2026-06-17
Removed date—
MLSMiamiMLS #A12035663
Coordinates25.58938, -80.42850
Address19051 SW 147th Ave
CityMiami
StateFL
Zip33187
Listing ID6122648233
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $6,499,000 |
| Down payment (20.0%) | $1,299,800 |
| Loan amount | $5,199,200 |
| Closing costs (5.0%) | $324,950 |
| Total cash to close | $1,624,750 |
| Income | |
| Rent (comp-derived) | $2,975$35,700 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,737$32,844 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $10,290$123,481 |
| Insurance (placeholder 0.8% of price) | $4,333$51,992 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $149$1,785 |
| Total operating expenses | $14,772$177,258 |
| 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) | $149$1,785 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 2 | 2 | 2,520 | $2,950 | 2026-08-20 | — | |
| single_family | 2 | 2 | 1,240 | $2,275 | 2026-08-20 | — | |
| single_family | 2 | 2 | 1,205 | $3,400 | 2026-08-12 | — | |
| single_family | 2 | 2 | 1,380 | $3,000 | 2026-08-12 | — |
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 |
|---|---|---|---|---|---|---|
| 17481 SW 192nd St | single_family | 2 | 2 | — | $1,120,000 | 2026-07-07 |
| 19695 SW 206th St | single_family | 2 | 2 | 1,657 | $900,000 | 2026-04-20 |
| 15401 SW 212th St | single_family | 2 | 2 | 1,305 | $755,000 | 2026-04-13 |
| 19001 SW 160th St | single_family | 2 | 3 | 1,902 | $1,700,000 | 2026-01-13 |
| 18650 SW 204th Ave | single_family | 2 | 2 | 1,830 | $880,000 | 2025-11-07 |
| 19980 SW 207th Ave | single_family | 2 | 2 | 1,780 | $840,000 | 2025-09-10 |
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 |
|---|---|---|---|---|---|---|
| 20304 SW 186th St | single_family | 2 | 2 | 1,110 | $999,900 | — |
| 19800 SW 180th Ave Lot 80 | mobile | 2 | 2 | 1,170 | $239,900 | — |
| 19800 SW 180th Ave Lot 584 | mobile | 2 | 2 | 850 | $199,900 | — |
10-year hold projection
IRR-12.5%
Equity multiple-1.14x
Total return (10yr)-$2,629,656
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $6,693,970 | -$144,414 | -$547,137 | $5,142,829 | $1,551,141 |
| 2 | $6,894,789 | -$147,860 | -$550,627 | $5,082,587 | $1,812,202 |
| 3 | $7,101,633 | -$151,387 | -$554,200 | $5,018,208 | $2,083,424 |
| 4 | $7,314,682 | -$154,998 | -$557,858 | $4,949,409 | $2,365,273 |
| 5 | $7,534,122 | -$158,693 | -$561,601 | $4,875,884 | $2,658,238 |
| 6 | $7,760,146 | -$162,476 | -$565,433 | $4,797,311 | $2,962,835 |
| 7 | $7,992,950 | -$166,347 | -$569,355 | $4,713,342 | $3,279,608 |
| 8 | $8,232,739 | -$170,310 | -$573,369 | $4,623,607 | $3,609,132 |
| 9 | $8,479,721 | -$174,366 | -$577,478 | $4,527,709 | $3,952,012 |
| 10 | $8,734,113 | -$178,517 | -$581,684 | $4,425,226 | $4,308,886 |
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.