15292 SW 46th Ln Br Unit 64
Miami, FL 33185 · townhomes · For Sale · 176 days on market
Asking price$432,500
2 beds 2 baths 1,360 sqft
Listed by Nicholas Molinaro · LoKation® Real Estate
Typetownhomes
Built1984
Price / sqft$318
Est. value (own analysis)$498,276
Rent estimate (own analysis)$2,790/mo
HOA$510/mo
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Statusfor_sale
Listed date2026-03-10
Removed date—
MLSMiamiMLS #A11980177
Coordinates25.72125, -80.44076
Address15292 SW 46th Ln Br Unit 64
CityMiami
StateFL
Zip33185
Listing ID6348642082
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33185)
Typical home value (ZHVI)$677,356
Typical rent (ZORI)$3,519/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 | $432,500 |
| Down payment (20.0%) | $86,500 |
| Loan amount | $346,000 |
| Closing costs (5.0%) | $21,625 |
| Total cash to close | $108,125 |
| Income | |
| Rent (comp-derived) | $2,790$33,480 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,567$30,802 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $685$8,218 |
| Insurance (placeholder 0.8% of price) | $288$3,460 |
| HOA dues | $510$6,120 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $140$1,674 |
| Total operating expenses | $1,623$19,472 |
| 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) | $140$1,674 |
| 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 | 3 | 1,170 | $3,150 | 2026-08-05 | — | |
| townhomes | 2 | 2 | 1,160 | $2,500 | 2026-07-14 | — | |
| townhomes | 2 | 2 | 940 | $2,790 | 2026-05-07 | — | |
| townhomes | 2 | 2 | 1,268 | $2,500 | 2026-07-30 | — | |
| townhomes | 2 | 3 | 1,170 | $3,150 | 2026-08-27 | — |
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 |
|---|---|---|---|---|---|---|
| 4910 SW 149th Ct Unit 11B | townhomes | 2 | 3 | 1,360 | $415,000 | 2026-08-10 |
| 3825 SW 153rd Ct | townhomes | 2 | 2 | 1,160 | $445,000 | 2026-06-30 |
| 3834 SW 153rd Pl | townhomes | 2 | 2 | 1,160 | $415,000 | 2026-05-06 |
| 3725 SW 153rd Ct | townhomes | 2 | 2 | 1,160 | $425,000 | 2026-04-17 |
| 14945 SW 49th Ln Unit 6G | townhomes | 2 | 1 | 710 | $305,000 | 2026-02-11 |
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 |
|---|---|---|---|---|---|---|
| 14945 SW 49th Ln Unit H6 | condos | 2 | 2 | 885 | $405,000 | — |
| 4224 SW 148th Pl | single_family | 2 | 3 | 1,562 | $620,000 | — |
| 15307 SW 52nd Ter | single_family | 2 | 2 | 1,261 | $580,000 | — |
| 3690 SW 153rd Pl | townhomes | 2 | 2 | 1,160 | $389,900 | — |
| 15240 SW 45th Ter Unit 54H | condos | 2 | 2 | 885 | $374,900 | — |
| 15070 SW 49th Ln Unit D106 | townhomes | 2 | 2 | 1,100 | $410,000 | — |
| townhomes | 2 | 3 | 1,406 | $455,000 | — | |
| 4825 SW 149th Ct Unit 18B | condos | 2 | 2 | 1,360 | $385,000 | — |
10-year hold projection
IRR-0.4%
Equity multiple0.94x
Total return (10yr)$49,637
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $445,475 | $11,330 | -$17,026 | $342,249 | $103,226 |
| 2 | $458,839 | $11,767 | -$16,630 | $338,240 | $120,600 |
| 3 | $472,604 | $12,220 | -$16,220 | $333,955 | $138,649 |
| 4 | $486,783 | $12,689 | -$15,796 | $329,377 | $157,406 |
| 5 | $501,386 | $13,175 | -$15,355 | $324,484 | $176,902 |
| 6 | $516,428 | $13,677 | -$14,899 | $319,255 | $197,173 |
| 7 | $531,920 | $14,198 | -$14,425 | $313,667 | $218,254 |
| 8 | $547,878 | $14,737 | -$13,935 | $307,695 | $240,183 |
| 9 | $564,314 | $15,294 | -$13,427 | $301,313 | $263,001 |
| 10 | $581,244 | $15,872 | -$12,901 | $294,493 | $286,751 |
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.