232 SW 102nd Ave
Sweetwater, FL 33174 · single_family · Pending — under contract · 40 days on market
Asking price$789,900
4 beds 3 baths 2,334 sqft
Listed by Jeniffer Rosales · United Real Estate Miami
Typesingle_family
Built1977
Price / sqft$338
Est. value (own analysis)$846,892
Rent estimate (Zillow ZIP avg)$2,762/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-07-24
Removed date—
MLSMiamiMLS #A12059316
Coordinates25.76619, -80.36104
Address232 SW 102nd Ave
CitySweetwater
StateFL
Zip33174
Listing ID6300709981
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33174)
Typical home value (ZHVI)$448,390
Typical rent (ZORI)$2,762/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 | $789,900 |
| Down payment (20.0%) | $157,980 |
| Loan amount | $631,920 |
| Closing costs (5.0%) | $39,495 |
| Total cash to close | $197,475 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,762$33,148 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,541$30,496 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,251$15,008 |
| Insurance (est. scaled by flood & wind risk) | $843$10,111 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $138$1,657 |
| Total operating expenses | $2,231$26,776 |
| 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) | $138$1,657 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 3 | 1,475 | $3,300 | — | — | |
| single_family | 4 | 3 | 1,478 | $4,200 | — | — |
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 |
|---|---|---|---|---|---|---|
| 9724 SW 4th Ter | single_family | 4 | 2 | 1,987 | $835,000 | 2026-08-17 |
| 8947 SW 12th St | single_family | 4 | 2 | 1,972 | $690,000 | 2026-07-27 |
| 1519 SW 103rd Ave | single_family | 4 | 2 | 1,696 | $750,000 | 2026-07-07 |
| 8922 SW 10th Ter | single_family | 4 | 2 | 2,481 | $890,000 | 2026-06-22 |
| 8961 SW 6th St | single_family | 4 | 2 | 1,616 | $740,000 | 2026-06-05 |
| 1220 SW 103rd Ct | single_family | 4 | 2 | 2,698 | $775,000 | 2026-06-02 |
| 660 SW 89th Ct | single_family | 4 | 3 | 1,783 | $615,000 | 2026-05-27 |
| 9961 SW 12th St | single_family | 4 | 2 | 2,271 | $768,000 | 2026-05-18 |
| 1550 SW 89th Ct | single_family | 4 | 3 | 2,011 | $1,160,000 | 2026-05-15 |
| 9741 SW 3rd St | single_family | 4 | 2 | 2,498 | $830,000 | 2026-05-06 |
| 10290 SW 7th Ter | single_family | 4 | 3 | 2,166 | $1,100,000 | 2026-04-23 |
| 521 SW 99th Ave | single_family | 4 | 3 | 2,324 | $735,000 | 2026-04-01 |
| 9730 SW 5th St | single_family | 4 | 2 | 2,414 | $725,000 | 2026-03-11 |
| 1101 SW 102nd Ct | single_family | 4 | 2 | 1,890 | $725,000 | 2026-02-04 |
| 9645 SW 10th Ter | single_family | 4 | 3 | 2,314 | $930,000 | 2026-01-22 |
| 10371 SW 5th St | single_family | 4 | 2 | 1,665 | $595,000 | 2026-01-05 |
| 1331 SW 102nd Ave | single_family | 4 | 2 | 1,826 | $665,000 | 2025-12-18 |
| 525 SW 87th Ave | single_family | 4 | 4 | 2,984 | $1,825,000 | 2025-12-04 |
| 971 SW 88th Ave | single_family | 4 | 3 | 2,396 | $785,000 | 2025-11-17 |
| 520 SW 90th Ct | single_family | 4 | 4 | 1,818 | $690,000 | 2025-10-21 |
| 8928 SW 6th St | single_family | 4 | 2 | 1,622 | $735,000 | 2025-10-14 |
| 636 SW 88th Pl E | single_family | 4 | 3 | 1,881 | $680,000 | 2025-10-01 |
| 170 SW 104th Ct | single_family | 4 | 2 | 1,707 | $635,000 | 2025-09-26 |
| 9972 SW 4th St | single_family | 4 | 3 | 2,006 | $725,000 | 2025-09-24 |
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 |
|---|---|---|---|---|---|---|
| 225 SW 102nd Pl | single_family | 4 | 3 | 2,605 | $889,000 | — |
| 11016 SW 7th St | multi_family | 4 | 2 | 1,595 | $679,900 | — |
| 9840 SW 3rd St | single_family | 4 | 2 | 1,959 | $950,000 | — |
| 11206 SW 1st St | single_family | 4 | 2 | 1,714 | $749,000 | — |
| 11472 SW 4th St | single_family | 4 | 2 | 1,209 | $610,000 | — |
| 8936 SW 11th St | single_family | 4 | 3 | 2,458 | $879,000 | — |
10-year hold projection
IRR-5.9%
Equity multiple0.02x
Total return (10yr)-$90,523
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $813,597 | $3,720 | -$46,668 | $625,069 | $188,528 |
| 2 | $838,005 | $3,966 | -$46,464 | $617,747 | $220,258 |
| 3 | $863,145 | $4,222 | -$46,250 | $609,922 | $253,223 |
| 4 | $889,039 | $4,489 | -$46,026 | $601,560 | $287,480 |
| 5 | $915,711 | $4,768 | -$45,792 | $592,624 | $323,087 |
| 6 | $943,182 | $5,059 | -$45,547 | $583,074 | $360,108 |
| 7 | $971,477 | $5,362 | -$45,291 | $572,868 | $398,610 |
| 8 | $1,000,622 | $5,678 | -$45,023 | $561,961 | $438,661 |
| 9 | $1,030,640 | $6,008 | -$44,742 | $550,306 | $480,335 |
| 10 | $1,061,560 | $6,351 | -$44,450 | $537,850 | $523,710 |
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.