17087 SW 93rd St
Miami, FL 33196 · townhomes · For Sale · 45 days on market
Asking price$639,800
5 beds 4 baths 2,312 sqft
Suggested offer$633,000$6,800 above the est. market value of $633,000.
View on Realtor.com →Listed by Sylvia Naldjieff P.A. · Riteway Properties Iii, Inc.
Typetownhomes
Built2013
Price / sqft$277
Est. value (own analysis)$633,000
Rent estimate (Zillow ZIP avg)$2,615/mo
HOA$48/mo
Wind10/10Extreme$Heat10/10ExtremeWildfire5/10MajorAir2/10MinorFlood1/10minimal$
1 / 50
Show every detail
Statusfor_sale
Listed date2026-07-19
Removed date—
MLSMiamiMLS #A12050045
Coordinates25.67930, -80.47164
Address17087 SW 93rd St
CityMiami
StateFL
Zip33196
Listing ID6400375434
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33196)
Typical home value (ZHVI)$568,371
Typical rent (ZORI)$2,615/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 | $639,800 |
| Down payment (20.0%) | $127,960 |
| Loan amount | $511,840 |
| Closing costs (5.0%) | $31,990 |
| Total cash to close | $159,950 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,615$31,379 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,406$28,869 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,013$12,156 |
| Insurance (est. scaled by flood & wind risk) | $640$7,678 |
| HOA dues | $48$576 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $131$1,569 |
| Total operating expenses | $1,832$21,979 |
| 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) | $131$1,569 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| townhomes | 5 | 4 | — | $4,800 | 2026-08-16 | — | |
| townhomes | 5 | 3 | — | $4,540 | 2026-05-21 | — |
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 |
|---|---|---|---|---|---|---|
| 17146 SW 93rd St | townhomes | 5 | 4 | 2,312 | $630,000 | 2026-08-13 |
| 9411 SW 171st Ave | townhomes | 5 | 4 | 2,312 | $635,000 | 2026-07-14 |
| 9253 SW 169th Psge | townhomes | 5 | 4 | 2,312 | $633,000 | 2026-04-06 |
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 |
|---|---|---|---|---|---|---|
| 10331 SW 164th Ct | single_family | 5 | 3 | 2,532 | $750,000 | — |
| 13624 SW 158th Ave | single_family | 5 | 4 | — | $775,000 | — |
| 9301 SW 171st Ave | townhomes | 5 | 4 | 2,312 | $649,500 | — |
| 10056 SW 165th Ct | single_family | 5 | 3 | 2,532 | $639,900 | — |
| 15725 SW 136th Ter | single_family | 5 | 4 | 2,582 | $765,000 | — |
| 16141 SW 96th Ter | single_family | 5 | 3 | 2,417 | $849,000 | — |
| 14830 SW 149th St | single_family | 5 | 3 | 2,930 | $1,285,000 | — |
| 17146 SW 93rd St | townhomes | 5 | 4 | 2,312 | $645,000 | — |
10-year hold projection
IRR-4.3%
Equity multiple0.28x
Total return (10yr)-$31,340
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $658,994 | $6,890 | -$34,150 | $506,291 | $152,703 |
| 2 | $678,764 | $7,207 | -$33,872 | $500,360 | $178,404 |
| 3 | $699,127 | $7,536 | -$33,584 | $494,022 | $205,105 |
| 4 | $720,101 | $7,877 | -$33,283 | $487,249 | $232,851 |
| 5 | $741,704 | $8,232 | -$32,971 | $480,011 | $261,693 |
| 6 | $763,955 | $8,600 | -$32,646 | $472,276 | $291,679 |
| 7 | $786,873 | $8,982 | -$32,308 | $464,009 | $322,864 |
| 8 | $810,480 | $9,379 | -$31,956 | $455,175 | $355,304 |
| 9 | $834,794 | $9,791 | -$31,591 | $445,735 | $389,059 |
| 10 | $859,838 | $10,219 | -$31,211 | $435,646 | $424,192 |
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.