2283 NW 136th Ter

Opa Locka, FL 33054 · townhomes · For Sale · 36 days on market
Asking price$315,000
3 beds 2 baths 1,253 sqft
Suggested offer$275,569$39,431 above the est. market value of $275,569.
View on Realtor.com →
Listed by Nellyfer Guillen · Avya Corp
Typetownhomes
Built2005
Price / sqft$251
Est. value (own analysis)$275,569
Rent estimate (Zillow ZIP avg)$2,279/mo
HOA$98/mo
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-28
Removed date
MLSMiamiMLS #A12060223
Coordinates25.89956, -80.23770
Address2283 NW 136th Ter
CityOpa Locka
StateFL
Zip33054
Listing ID6450543862
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33054)

Typical home value (ZHVI)$429,838
Typical rent (ZORI)$2,279/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$315,000
Down payment (20.0%)$63,000
Loan amount$252,000
Closing costs (5.0%)$15,750
Total cash to close$78,750
Rent (ZIP avg, ZORI — not bedroom-specific)$2,279$27,353
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$27,353
Vacancy rate (assumption) assumption8.0%

$27,353 × 8.0% = $2,188

Effective gross income$2,097$25,165
Property tax (placeholder 1.9% of price)$499$5,985
Insurance (est. scaled by flood & wind risk)$336$4,032
HOA dues$98$1,176
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$114$1,368
Total operating expenses$1,047$12,561
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$25,165
Total operating expenses derived$12,561

$25,165 − $12,561 = $12,604

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$252,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$252,000 amortized at 6.7% over 30 years = $1,619/mo

CapEx reserve (5.0% of GSR)$114$1,368
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$12,604
Annual debt service derived$19,433
Annual CapEx reserve assumption$1,368
Annual PMI assumption$0

($12,604 − $19,433 − $1,368 − $0) ÷ 12 = -$683

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$12,604
Purchase price data$315,000

$12,604 ÷ $315,000 = 4.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$8,197
Total cash to close derived$78,750

-$8,197 ÷ $78,750 = -10.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$12,604
Annual debt service derived$19,433

$12,604 ÷ $19,433 = 0.65

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$27,353
Purchase price data$315,000

($27,353 ÷ 12) ÷ $315,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$315,000
Gross scheduled rent (annual) comp$27,353

$315,000 ÷ $27,353 = 11.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$12,561
Effective gross income derived$25,165

$12,561 ÷ $25,165 = 49.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$12,561
Annual debt service derived$19,433
Annual PMI assumption$0
Gross scheduled rent (annual) comp$27,353

($12,561 + $19,433 + $0) ÷ $27,353 = 117.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes331,263$2,7502026-08-18
townhomes321,253$2,5002026-05-07

2735 NW 131 St Unit 2735

Opa Locka, 33054 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,263
Listed2026-08-18
Days on market

Asking rent: $2,750

View on Zillow →

2286 NW 136th Ter Unit 0

Opa Locka, 33054 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,253
Listed2026-05-07
Days on market

Asking rent: $2,500

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
1835 NW 142nd Lntownhomes331,380$300,0002026-06-02
1834 NW 142nd Lntownhomes321,380$303,5002026-05-15
2276 NW 136th Tertownhomes321,253$285,0002025-11-21

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
16815 NW 38th Ctsingle_family321,382$499,000
16520 NW 18th Avesingle_family311,302$300,000
1210 Kasim Stsingle_family31975$165,000
2961 NW 162nd Stsingle_family321,312$579,000
820 Curtiss Drsingle_family321,008$224,900
1781 NW 152nd Tersingle_family311,289$575,000
2381 NW 153rd Stsingle_family32788$438,000
2911 NW 161st Stsingle_family31816$400,000

10-year hold projection

IRR3.4%
Equity multiple1.54x
Total return (10yr)$83,959
YearProperty valueNOICash flowLoan balanceEquity
1$324,450$12,604-$8,197$249,268$75,182
2$334,184$13,045-$7,790$246,348$87,836
3$344,209$13,501-$7,369$243,227$100,982
4$354,535$13,972-$6,934$239,893$114,642
5$365,171$14,459-$6,484$236,329$128,842
6$376,126$14,962-$6,019$232,521$143,606
7$387,410$15,482-$5,538$228,451$158,959
8$399,033$16,019-$5,040$224,102$174,931
9$411,004$16,574-$4,525$219,453$191,550
10$423,334$17,148-$3,993$214,486$208,847
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.