2484 SW 18th St

Miami, FL 33145 · single_family · For Sale · 262 days on market
Asking price$2,140,000
4 beds 5 baths 3,400 sqft
Suggested offer$1,866,362$273,638 above the est. market value of $1,866,362.
View on Realtor.com →
Listed by Angelo Rodriguez · Agr Realty Llc
Typesingle_family
Built2026
Price / sqft$629
Est. value (own analysis)$1,866,362
Rent estimate (own analysis)$9,250/mo
HOANone
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2025-12-14
Removed date
MLSMiamiMLS #A11930405
Coordinates25.75489, -80.23608
Address2484 SW 18th St
CityMiami
StateFL
Zip33145
Listing ID6334188799
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33145)

Typical home value (ZHVI)$735,527
Typical rent (ZORI)$3,018/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)

Purchase price$2,140,000
Down payment (20.0%)$428,000
Loan amount$1,712,000
Closing costs (5.0%)$107,000
Total cash to close$535,000
Rent (comp-derived)$9,250$111,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$111,000
Vacancy rate (assumption) assumption8.0%

$111,000 × 8.0% = $8,880

Effective gross income$8,510$102,120
Property tax (placeholder 1.9% of price)$3,388$40,660
Insurance (placeholder 0.8% of price)$1,427$17,120
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$463$5,550
Total operating expenses$5,278$63,330
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$102,120
Total operating expenses derived$63,330

$102,120 − $63,330 = $38,790

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$1,712,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,712,000 amortized at 6.7% over 30 years = $11,002/mo

CapEx reserve (5.0% of GSR)$463$5,550
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$38,790
Annual debt service derived$132,021
Annual CapEx reserve assumption$5,550
Annual PMI assumption$0

($38,790 − $132,021 − $5,550 − $0) ÷ 12 = -$8,232

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$38,790
Purchase price data$2,140,000

$38,790 ÷ $2,140,000 = 1.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$98,781
Total cash to close derived$535,000

-$98,781 ÷ $535,000 = -18.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$38,790
Annual debt service derived$132,021

$38,790 ÷ $132,021 = 0.29

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$111,000
Purchase price data$2,140,000

($111,000 ÷ 12) ÷ $2,140,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,140,000
Gross scheduled rent (annual) comp$111,000

$2,140,000 ÷ $111,000 = 19.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$63,330
Effective gross income derived$102,120

$63,330 ÷ $102,120 = 62.0%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$63,330
Annual debt service derived$132,021
Annual PMI assumption$0
Gross scheduled rent (annual) comp$111,000

($63,330 + $132,021 + $0) ÷ $111,000 = 176.0%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family452,594$7,0002026-08-07
single_family432,799$8,0002026-03-18
single_family442,436$16,0002026-02-16
single_family452,500$10,5002026-03-18

2320 SW 14th St

Miami, 33145 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage2,594
Listed2026-08-07
Days on market

Asking rent: $7,000

View on Zillow →

2251 SW 20th St

Miami, 33145 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,799
Listed2026-03-18
Days on market

Asking rent: $8,000

View on Zillow →

1420 SW 17th St Unit 0

Miami, 33145 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,436
Listed2026-02-16
Days on market

Asking rent: $16,000

View on Zillow →

1345 SW 14th Ave

Miami, 33145 · rent comp

Bedrooms / bathrooms4 bd / 5 ba
Square footage2,500
Listed2026-03-18
Days on market

Asking rent: $10,500

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
2225 SW 18th Avesingle_family453,733$2,350,0002026-08-24
1366 SW 15th Stsingle_family442,947$2,350,0002026-08-13
2220 SW 16th Tersingle_family431,968$600,0002026-07-30
2200 SW 23rd Tersingle_family421,554$750,0002026-07-24
1910 SW 33rd Avesingle_family432,368$2,100,0002026-07-20
2367 SW 23rd Tersingle_family421,588$750,0002026-07-10
1441 SW 17th Stsingle_family421,398$800,0002026-06-15
1780 SW 23rd Stsingle_family441,590$750,0002026-06-12
1971 SW 33rd Avesingle_family432,331$1,550,0002026-06-03
1710 SW 13th Stsingle_family431,334$650,0002026-06-02
1738 SW 17th Stsingle_family421,938$700,0002026-05-22
2990 SW 20th Stsingle_family452,828$2,270,0002026-05-04
3641 SW 13th Tersingle_family411,350$783,0002026-04-20
3121 SW 20th Stsingle_family432,191$1,025,0002026-03-24
1970 SW 32nd Plsingle_family432,056$1,495,0002026-03-23
1352 SW 16th Stsingle_family442,774$975,0002026-03-12
2291 SW 17th Stsingle_family432,142$1,200,0002026-03-05
1931 Coral Gate Drsingle_family432,061$725,0002026-02-23
1338 SW 14th Stsingle_family432,043$883,0002026-02-19
2498 SW 19th Tersingle_family422,098$1,125,0002026-02-17
3050 SW 21st Stsingle_family421,423$1,100,0002026-02-12
1941 SW 18th Stsingle_family421,766$845,0002026-01-28
3600 SW 1st Avesingle_family421,317$875,0002026-01-23
1906 SW 17th Ctsingle_family421,541$620,0002026-01-05
2747 SW 19th Tersingle_family431,397$889,5002025-12-23
1244 SW 14th Stsingle_family432,020$1,450,0002025-12-10
3201 SW 19th Tersingle_family432,511$1,350,0002025-12-03
2735 SW 19th Stsingle_family431,924$1,120,0002025-12-01
3075 SW 19th Stsingle_family432,086$1,025,0002025-11-10
1530 SW 24th Avesingle_family421,867$805,0002025-11-10
1375 SW 17th Tersingle_family453,395$2,280,0002025-10-22
1884 SW 16th Stsingle_family431,839$980,0002025-10-14
2727 SW 20th Stsingle_family421,756$922,0002025-09-26
3291 SW 16th Lnsingle_family432,909$1,775,0002025-09-26
2280 SW 16th Ctsingle_family431,664$960,0002025-09-23
2450 SW 23rd Avesingle_family432,836$1,900,0002025-09-19

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.

AddressTypeBedsBathsSqftAsking priceDays on market
1501 SW 21st Sttownhomes442,571$1,829,000
2745 SW 23rd Tertownhomes452,909$1,645,000
1835 SW 18th Stsingle_family432,191$960,000
2364 SW 14th Stmulti_family421,366$729,000
3575 SW 23rd St Unit 3575townhomes442,654$1,770,000
2222 SW 14th St Unit Righttownhomes442,736$1,779,000
2290 SW 13th Stcondo_townhome_rowhome_coop453,544$2,750,000
2220 SW 14th Sttownhomes442,969$1,749,000

10-year hold projection

IRR-2.4%
Equity multiple0.61x
Total return (10yr)$69,626
YearProperty valueNOICash flowLoan balanceEquity
1$2,204,200$38,790-$98,781$1,693,438$510,762
2$2,270,326$40,270-$97,440$1,673,602$596,724
3$2,338,436$41,803-$96,049$1,652,403$686,033
4$2,408,589$43,390-$94,608$1,629,748$778,840
5$2,480,847$45,032-$93,115$1,605,538$875,308
6$2,555,272$46,733-$91,568$1,579,666$975,606
7$2,631,930$48,493-$89,964$1,552,016$1,079,914
8$2,710,888$50,315-$88,303$1,522,468$1,188,420
9$2,792,215$52,201-$86,582$1,490,891$1,301,324
10$2,875,981$54,153-$84,799$1,457,145$1,418,836
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.