5670 NW 116th Ave Apt 219
Doral, FL 33178 · townhomes · For Sale · 233 days on market
Asking price$398,500
2 beds 3 baths 1,150 sqft
Suggested offer$378,896$19,604 above the est. market value of $378,896.
View on Realtor.com →Listed by Andres F Sanchez · Avenew Realty Corp
Typetownhomes
Built1999
Price / sqft$347
Est. value (own analysis)$378,896
Rent estimate (own analysis)$2,700/mo
HOA$720/mo
Wind10/10Extreme$Heat10/10ExtremeWildfire5/10MajorAir2/10MinorFlood1/10minimal$
1 / 40
Show every detail
Statusfor_sale
Listed date2026-01-13
Removed date—
MLSMiamiMLS #A11944353
Coordinates25.82471, -80.38535
Address5670 NW 116th Ave Apt 219
CityDoral
StateFL
Zip33178
Listing ID6387774197
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33178)
Typical home value (ZHVI)$558,055
Typical rent (ZORI)$2,961/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 | $398,500 |
| Down payment (20.0%) | $79,700 |
| Loan amount | $318,800 |
| Closing costs (5.0%) | $19,925 |
| Total cash to close | $99,625 |
| Income | |
| Rent (comp-derived) | $2,700$32,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,484$29,808 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $631$7,572 |
| Insurance (est. scaled by flood & wind risk) | $399$4,782 |
| HOA dues | $720$8,640 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $135$1,620 |
| Total operating expenses | $1,884$22,614 |
| 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) | $135$1,620 |
| 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 | 1,282 | $2,700 | 2026-05-13 | — | |
| townhomes | 2 | 2 | 1,398 | $3,600 | 2026-08-04 | — | |
| townhomes | 2 | 3 | 980 | $2,700 | 2026-08-21 | — | |
| townhomes | 2 | 3 | 1,470 | $2,700 | 2026-07-06 | — | |
| townhomes | 2 | 3 | 1,050 | $2,750 | 2026-07-01 | — |
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 |
|---|---|---|---|---|---|---|
| 5121 NW 114th Ct | townhomes | 2 | 2 | 923 | $510,000 | 2026-07-10 |
| 3538 Estepona Ave Unit D2 | townhomes | 2 | 3 | 1,630 | $430,000 | 2026-06-25 |
| 8833 NW 107th Ct Unit 205 | townhomes | 2 | 3 | 1,123 | $370,000 | 2026-06-17 |
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 |
|---|---|---|---|---|---|---|
| 5118 NW 115th Ct | townhomes | 2 | 2 | 923 | $523,000 | — |
| 7825 NW 107th Ave Apt 419 | condos | 2 | 2 | 1,130 | $390,000 | — |
| 5670 NW 116th Ave Apt 222 | condos | 2 | 3 | 1,150 | $355,000 | — |
| 10720 NW 66th St Apt 305 | condos | 2 | 2 | 1,710 | $450,000 | — |
| 3728 Estepona Ave Unit 15D | townhomes | 2 | 3 | 1,630 | $469,999 | — |
| 7751 NW 107th Ave Apt 209 | condos | 2 | 2 | 1,244 | $430,000 | — |
| 7925 NW 104th Ave Apt 24 | condos | 2 | 2 | 963 | $385,000 | — |
| 11101 NW 83rd St Apt 201 | condos | 2 | 3 | 1,260 | $370,000 | — |
10-year hold projection
IRR-2.6%
Equity multiple0.57x
Total return (10yr)$8,883
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $410,455 | $7,195 | -$19,010 | $315,344 | $95,111 |
| 2 | $422,769 | $7,523 | -$18,721 | $311,650 | $111,119 |
| 3 | $435,452 | $7,865 | -$18,421 | $307,702 | $127,749 |
| 4 | $448,515 | $8,220 | -$18,109 | $303,484 | $145,032 |
| 5 | $461,971 | $8,588 | -$17,784 | $298,976 | $162,995 |
| 6 | $475,830 | $8,971 | -$17,447 | $294,158 | $181,672 |
| 7 | $490,105 | $9,368 | -$17,095 | $289,009 | $201,096 |
| 8 | $504,808 | $9,780 | -$16,730 | $283,507 | $221,301 |
| 9 | $519,952 | $10,208 | -$16,351 | $277,627 | $242,325 |
| 10 | $535,551 | $10,652 | -$15,956 | $271,343 | $264,208 |
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.