16800 SW 190th St
Miami, FL 33187 · single_family · For Sale · 211 days on market
Asking price$2,199,500
6 beds 4 baths 3,384 sqft
Suggested offer$1,066,084$1,133,416 above the est. market value of $1,066,084.
View on Realtor.com →Listed by Cosette Alves · Homes By Cosette Realty
Typesingle_family
Built2006
Price / sqft$650
Est. value (own analysis)$1,066,084
Rent estimate (own analysis)$8,000/mo
HOANone
1 / 58
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Statusfor_sale
Listed date2026-02-03
Removed date—
MLSMiamiMLS #A11958198
Coordinates25.58862, -80.46402
Address16800 SW 190th St
CityMiami
StateFL
Zip33187
Listing ID6209801411
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 | $2,199,500 |
| Down payment (20.0%) | $439,900 |
| Loan amount | $1,759,600 |
| Closing costs (5.0%) | $109,975 |
| Total cash to close | $549,875 |
| Income | |
| Rent (comp-derived) | $8,000$96,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,360$88,320 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $3,483$41,791 |
| Insurance (placeholder 0.8% of price) | $1,466$17,596 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $400$4,800 |
| Total operating expenses | $5,349$64,187 |
| 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) | $400$4,800 |
| 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 | 6 | 3 | 2,417 | $8,000 | 2026-08-05 | — | |
| single_family | 6 | 4 | 6,112 | $30,000 | — | — | |
| single_family | 6 | 3 | 2,716 | $2,000 | 2026-08-26 | — |
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 |
|---|---|---|---|---|---|---|
| 17340 SW 154th Pl | single_family | 6 | 4 | 2,587 | $815,000 | 2026-08-31 |
| 17901 SW 152nd Ave | single_family | 6 | 4 | 3,002 | $820,000 | 2026-08-28 |
| 18451 SW 158th St | single_family | 6 | 9 | 11,520 | $6,100,000 | 2026-05-26 |
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 |
|---|---|---|---|---|---|---|
| 17901 SW 152nd Ave | single_family | 6 | 4 | 3,002 | $850,000 | — |
| 20455 SW 154th Ave | single_family | 6 | 5 | 5,007 | $3,890,000 | — |
| 15105 SW 180th St | single_family | 6 | 3 | 2,901 | $769,000 | — |
| 17340 SW 154th Pl | single_family | 6 | 4 | 2,587 | $820,000 | — |
10-year hold projection
IRR-4.2%
Equity multiple0.30x
Total return (10yr)-$98,927
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $2,265,485 | $24,134 | -$116,358 | $1,740,522 | $524,963 |
| 2 | $2,333,450 | $25,178 | -$115,433 | $1,720,134 | $613,316 |
| 3 | $2,403,453 | $26,263 | -$114,472 | $1,698,346 | $705,107 |
| 4 | $2,475,557 | $27,388 | -$113,473 | $1,675,062 | $800,495 |
| 5 | $2,549,823 | $28,555 | -$112,435 | $1,650,178 | $899,645 |
| 6 | $2,626,318 | $29,766 | -$111,357 | $1,623,586 | $1,002,732 |
| 7 | $2,705,108 | $31,022 | -$110,236 | $1,595,168 | $1,109,939 |
| 8 | $2,786,261 | $32,325 | -$109,073 | $1,564,799 | $1,221,462 |
| 9 | $2,869,849 | $33,676 | -$107,864 | $1,532,343 | $1,337,505 |
| 10 | $2,955,944 | $35,077 | -$106,609 | $1,497,659 | $1,458,285 |
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.