1809 SW 107th Ave Apt 2707
Miami, FL 33165 · townhomes · For Sale · 40 days on market
Asking price$365,900
2 beds 2 baths 828 sqft
Suggested offer$318,441$47,459 above the est. market value of $318,441.
View on Realtor.com →Listed by Julicarol La Rosa · Earth Realty Group
Typetownhomes
Built1984
Price / sqft$442
Est. value (own analysis)$318,441
Rent estimate (own analysis)$2,475/mo
HOA$169/mo
Wind10/10Extreme$Heat10/10ExtremeFlood2/10minor$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-07-25
Removed date—
MLSMiamiMLS #A12056120
Coordinates25.75151, -80.36687
Address1809 SW 107th Ave Apt 2707
CityMiami
StateFL
Zip33165
Listing ID6232330125
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33165)
Typical home value (ZHVI)$684,538
Typical rent (ZORI)$3,219/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 | $365,900 |
| Down payment (20.0%) | $73,180 |
| Loan amount | $292,720 |
| Closing costs (5.0%) | $18,295 |
| Total cash to close | $91,475 |
| Income | |
| Rent (comp-derived) | $2,475$29,700 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,277$27,324 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $579$6,952 |
| Insurance (est. scaled by flood & wind risk) | $366$4,391 |
| HOA dues | $169$2,028 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $124$1,485 |
| Total operating expenses | $1,238$14,856 |
| 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) | $124$1,485 |
| 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 | 828 | $2,400 | 2026-08-06 | — | |
| townhomes | 2 | 3 | 1,080 | $2,650 | 2026-08-06 | — | |
| townhomes | 2 | 2 | 828 | $2,300 | 2026-06-29 | — | |
| townhomes | 2 | 1 | 964 | $2,550 | 2026-05-08 | — |
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 |
|---|---|---|---|---|---|---|
| 2058 SW 102nd Ct | townhomes | 2 | 1 | 964 | $290,000 | 2026-07-28 |
| 1813 SW 107th Ave Apt 2408 | townhomes | 2 | 2 | 828 | $335,000 | 2026-07-23 |
| 10110 SW 20th St | townhomes | 2 | 1 | 824 | $435,000 | 2026-06-08 |
| 3868 SW 107th Ave Unit 5-11 | townhomes | 2 | 2 | 960 | $350,000 | 2026-05-20 |
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 |
|---|---|---|---|---|---|---|
| 10110 SW 22nd Ter | townhomes | 2 | 1 | 964 | $509,999 | — |
| 4641 SW 99th Ct | single_family | 2 | 1 | 812 | $559,000 | — |
| 8990 SW 24th St Apt 19 | condos | 2 | 2 | 1,015 | $325,000 | — |
| 10541 SW 21st Ln | single_family | 2 | 2 | 1,138 | $534,990 | — |
| 5030 SW 113th Ct | single_family | 2 | 2 | 1,100 | $680,000 | — |
| 10300 Coral Way Unit C25 | condos | 2 | 2 | 830 | $300,000 | — |
| 10112 SW 23rd St | townhomes | 2 | 1 | 824 | $434,999 | — |
| 9265 SW 38th St | single_family | 2 | 1 | 1,298 | $659,900 | — |
10-year hold projection
IRR1.8%
Equity multiple1.28x
Total return (10yr)$73,849
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $376,877 | $12,468 | -$11,590 | $289,546 | $87,331 |
| 2 | $388,183 | $12,916 | -$11,179 | $286,155 | $102,029 |
| 3 | $399,829 | $13,380 | -$10,753 | $282,530 | $117,299 |
| 4 | $411,824 | $13,859 | -$10,313 | $278,656 | $133,167 |
| 5 | $424,178 | $14,355 | -$9,857 | $274,517 | $149,662 |
| 6 | $436,904 | $14,868 | -$9,385 | $270,093 | $166,811 |
| 7 | $450,011 | $15,398 | -$8,897 | $265,366 | $184,645 |
| 8 | $463,511 | $15,946 | -$8,392 | $260,313 | $203,198 |
| 9 | $477,417 | $16,513 | -$7,870 | $254,914 | $222,502 |
| 10 | $491,739 | $17,099 | -$7,329 | $249,144 | $242,595 |
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.