12853 SW 135th St
Miami, FL 33186 · townhomes · For Sale · 99 days on market
Asking price$535,000
4 beds 3 baths 1,780 sqft
Suggested offer$525,794$9,206 above the est. market value of $525,794.
View on Realtor.com →Listed by Drew Kern · BHHS EWM Realty
Typetownhomes
Built2005
Price / sqft$301
Est. value (own analysis)$525,794
Rent estimate (own analysis)$3,548/mo
HOA$146/mo
Wind10/10Extreme$Heat10/10ExtremeFlood8/10severe$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-05-26
Removed date—
MLSMiamiMLS #A12025235
Coordinates25.64238, -80.40186
Address12853 SW 135th St
CityMiami
StateFL
Zip33186
Listing ID6279140551
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33186)
Typical home value (ZHVI)$523,583
Typical rent (ZORI)$2,574/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 | $535,000 |
| Down payment (20.0%) | $107,000 |
| Loan amount | $428,000 |
| Closing costs (5.0%) | $26,750 |
| Total cash to close | $133,750 |
| Income | |
| Rent (comp-derived) | $3,548$42,570 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,264$39,164 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $847$10,165 |
| Insurance (est. scaled by flood & wind risk) | $696$8,346 |
| HOA dues | $146$1,752 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $177$2,129 |
| Total operating expenses | $1,866$22,392 |
| 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) | $177$2,129 |
| 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 | 4 | 3 | 1,774 | $4,000 | 2026-08-06 | — | |
| townhomes | 4 | 3 | 1,793 | $3,500 | 2026-07-17 | — | |
| townhomes | 4 | 3 | 1,793 | $3,595 | 2026-06-18 | — | |
| townhomes | 4 | 3 | 1,758 | $3,200 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 12334 SW 124th Path | townhomes | 4 | 3 | 1,793 | $520,000 | 2026-08-11 |
| 13743 SW 116th Ter | townhomes | 4 | 3 | 2,102 | $565,000 | 2026-08-07 |
| 14317 SW 125th Ct | townhomes | 4 | 2 | 1,596 | $495,000 | 2026-08-06 |
| 12732 SW 131st Ter | townhomes | 4 | 3 | 1,812 | $545,000 | 2026-06-30 |
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 |
|---|---|---|---|---|---|---|
| 14452 SW 115th St | single_family | 4 | 2 | 1,775 | $655,000 | — |
| 14630 SW 132nd Ct | single_family | 4 | 2 | 2,459 | $689,000 | — |
| 11723 SW 95th Ter | single_family | 4 | 2 | 2,405 | $925,000 | — |
| 12231 SW 103rd Ter | single_family | 4 | 3 | 2,289 | $1,399,999 | — |
| 14405 SW 124th Ct | single_family | 4 | 3 | 1,927 | $589,900 | — |
| 12958 SW 135th St | townhomes | 4 | 3 | 1,758 | $525,000 | — |
| 9712 SW 133rd Pl | single_family | 4 | 3 | 1,550 | $780,000 | — |
| 10311 SW 134th Ave | single_family | 4 | 3 | 2,037 | $825,000 | — |
10-year hold projection
IRR1.0%
Equity multiple1.16x
Total return (10yr)$91,925
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $551,050 | $16,773 | -$18,361 | $423,360 | $127,690 |
| 2 | $567,582 | $17,388 | -$17,799 | $418,400 | $149,181 |
| 3 | $584,609 | $18,024 | -$17,217 | $413,101 | $171,508 |
| 4 | $602,147 | $18,683 | -$16,615 | $407,437 | $194,710 |
| 5 | $620,212 | $19,364 | -$15,991 | $401,385 | $218,827 |
| 6 | $638,818 | $20,068 | -$15,345 | $394,917 | $243,901 |
| 7 | $657,983 | $20,797 | -$14,677 | $388,004 | $269,978 |
| 8 | $677,722 | $21,551 | -$13,985 | $380,617 | $297,105 |
| 9 | $698,054 | $22,330 | -$13,268 | $372,723 | $325,331 |
| 10 | $718,995 | $23,137 | -$12,527 | $364,287 | $354,708 |
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.