8350 Dundee Ter
Miami Lakes, FL 33016 · townhomes · For Sale · 41 days on market
Asking price$550,000
2 beds 3 baths 1,569 sqft
Suggested offer$490,313$59,688 above the est. market value of $490,313.
View on Realtor.com →Listed by Albert Garcia · Miami Luxury Properties
Typetownhomes
Built1981
Price / sqft$351
Est. value (own analysis)$490,313
Rent estimate (own analysis)$2,225/mo
HOA$125/mo
1 / 69
Show every detail
Statusfor_sale
Listed date2026-07-23
Removed date—
MLSMiamiMLS #A12057612
Coordinates25.90960, -80.33540
Address8350 Dundee Ter
CityMiami Lakes
StateFL
Zip33016
Listing ID6224741997
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33016)
Typical home value (ZHVI)$295,375
Typical rent (ZORI)$2,365/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 | $550,000 |
| Down payment (20.0%) | $110,000 |
| Loan amount | $440,000 |
| Closing costs (5.0%) | $27,500 |
| Total cash to close | $137,500 |
| Income | |
| Rent (comp-derived) | $2,225$26,700 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,047$24,564 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $871$10,450 |
| Insurance (placeholder 0.8% of price) | $367$4,400 |
| HOA dues | $125$1,500 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $111$1,335 |
| Total operating expenses | $1,474$17,685 |
| 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) | $111$1,335 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 2 | 2 | 800 | $2,350 | 2026-07-29 | — | |
| townhomes | 2 | 2 | 750 | $2,100 | 2026-06-05 | — | |
| townhomes | 2 | 2 | 1,090 | $2,300 | 2026-07-02 | — | |
| townhomes | 2 | 2 | 883 | $2,150 | 2026-07-19 | — |
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 |
|---|---|---|---|---|---|---|
| 2485 W 76th St Apt 201 | townhomes | 2 | 2 | 1,110 | $350,000 | 2026-07-31 |
| 2433 W 52nd Pl Unit 8-1 | townhomes | 2 | 2 | 900 | $250,000 | 2026-07-01 |
| 2367 W 74th St Unit 103-2 | townhomes | 2 | 2 | 1,090 | $278,888 | 2026-05-05 |
| 14822 Breckness Pl | townhomes | 2 | 2 | 1,271 | $415,000 | 2026-04-20 |
| 2289 W 52nd St Unit 2-3 | townhomes | 2 | 2 | 952 | $310,000 | 2026-03-27 |
| 2224 W 53rd Pl Unit 2224 | townhomes | 2 | 2 | 896 | $280,000 | 2026-03-16 |
| 2412 W 52nd Ter Unit 7-7 | townhomes | 2 | 2 | 900 | $220,000 | 2026-02-27 |
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 |
|---|---|---|---|---|---|---|
| 5530 W 26th Ct Apt 102 | condos | 2 | 2 | 819 | $250,000 | — |
| 5290 W 21st Ct Apt 304 | condos | 2 | 2 | 812 | $224,999 | — |
| 2750 W 63rd Pl Unit 12-24 | condos | 2 | 2 | 940 | $289,900 | — |
| 2121 W 54th St | single_family | 2 | 2 | 1,174 | $504,900 | — |
| 2332 W 56th St Apt 7 | condos | 2 | 2 | 674 | $200,000 | — |
| 2093 W 54th Ter Unit 38 | condos | 2 | 2 | 1,032 | $310,000 | — |
| 5935 W 26th Ave Apt 204 | condos | 2 | 2 | 779 | $265,000 | — |
| 5490 W 21st Ct Apt 310 | condos | 2 | 2 | 812 | $229,900 | — |
10-year hold projection
IRR-3.9%
Equity multiple0.36x
Total return (10yr)-$16,142
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $566,500 | $6,879 | -$28,387 | $435,229 | $131,271 |
| 2 | $583,495 | $7,174 | -$28,125 | $430,131 | $153,364 |
| 3 | $601,000 | $7,480 | -$27,854 | $424,683 | $176,317 |
| 4 | $619,030 | $7,797 | -$27,571 | $418,860 | $200,169 |
| 5 | $637,601 | $8,126 | -$27,278 | $412,638 | $224,963 |
| 6 | $656,729 | $8,467 | -$26,974 | $405,989 | $250,740 |
| 7 | $676,431 | $8,822 | -$26,657 | $398,882 | $277,548 |
| 8 | $696,724 | $9,189 | -$26,329 | $391,288 | $305,435 |
| 9 | $717,625 | $9,569 | -$25,988 | $383,173 | $334,453 |
| 10 | $739,154 | $9,964 | -$25,634 | $374,500 | $364,654 |
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.