3180 SW 22nd Ter Unit 1205

Miami, FL 33145 · condos · For Sale · 145 days on market
Asking price$375,000
1 beds 1 baths 810 sqft
Suggested offer$345,600$29,400 above the est. market value of $345,600.
View on Realtor.com →
Listed by Stephen Hachey · Flat Fee MLS Realty
Typecondos
Built2006
Price / sqft$463
Est. value (own analysis)$345,600
Rent estimate (own analysis)$2,600/mo
HOA$1,050/mo
Wind10/10Extreme$Heat10/10ExtremeFlood5/10major$Air2/10MinorWildfire1/10Minimal
Street view
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-04-10
Removed date
MLSMiamiMLS #A11998061
Coordinates25.74961, -80.24569
Address3180 SW 22nd Ter Unit 1205
CityMiami
StateFL
Zip33145
Listing ID6499938631
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$375,000
Down payment (20.0%)$75,000
Loan amount$300,000
Closing costs (5.0%)$18,750
Total cash to close$93,750
Rent (comp-derived)$2,600$31,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$31,200
Vacancy rate (assumption) assumption8.0%

$31,200 × 8.0% = $2,496

Effective gross income$2,392$28,704
Property tax (placeholder 1.9% of price)$594$7,125
Insurance (est. scaled by flood & wind risk)$438$5,250
HOA dues$1,050$12,600
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$130$1,560
Total operating expenses$2,211$26,535
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$28,704
Total operating expenses derived$26,535

$28,704 − $26,535 = $2,169

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$300,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$300,000 amortized at 6.7% over 30 years = $1,928/mo

CapEx reserve (5.0% of GSR)$130$1,560
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$2,169
Annual debt service derived$23,135
Annual CapEx reserve assumption$1,560
Annual PMI assumption$0

($2,169 − $23,135 − $1,560 − $0) ÷ 12 = -$1,877

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$2,169
Purchase price data$375,000

$2,169 ÷ $375,000 = 0.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$22,526
Total cash to close derived$93,750

-$22,526 ÷ $93,750 = -24.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$2,169
Annual debt service derived$23,135

$2,169 ÷ $23,135 = 0.09

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$31,200
Purchase price data$375,000

($31,200 ÷ 12) ÷ $375,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$375,000
Gross scheduled rent (annual) comp$31,200

$375,000 ÷ $31,200 = 12.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$26,535
Effective gross income derived$28,704

$26,535 ÷ $28,704 = 92.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$26,535
Annual debt service derived$23,135
Annual PMI assumption$0
Gross scheduled rent (annual) comp$31,200

($26,535 + $23,135 + $0) ÷ $31,200 = 159.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos11694$2,6002026-08-21
apartment11643$2,6402024-06-11
condos11792$3,0002026-08-20
apartment11808$2,7902024-11-21
condos11750$2,5002026-08-19
apartment11600$2,0002026-08-19
condos11530$2,2002026-08-18
condos11665$2,2802026-08-17
condos11770$2,5002026-08-16
apartment11600$2,0002026-08-15
apartment11600$1,9802026-08-05
condos11694$2,8002026-08-10
apartment11566$2,4262024-04-12
apartment11575$2,4002026-08-06
apartment111,000$1,6002026-08-05
condos11692$2,7002026-07-27
apartment111,000$1,8002026-07-23
apartment11675$1,8952026-07-21
condos12831$2,8002026-07-17
condos11594$2,0002026-07-14
condos11694$2,4002026-07-14
condos11595$2,4002026-07-14
condos11770$2,7502026-07-14
apartment11600$1,7002026-07-08
condos11770$2,4002026-07-03
condos11756$2,8002026-06-17
condos11665$2,3002026-06-08
condos11600$1,5002026-05-13
condos12831$2,6002026-07-30
apartment11552$1,9802026-03-11
apartment11650$2,4002023-03-31
condos11558$1,8002026-04-14
condos11655$2,4002026-08-25
condos11623$2,1002026-04-17
condos12626$2,300
apartment11582$2,491
apartment11856$2,790
apartment11672$2,636
apartment11808$2,875
condos12833$2,9002026-04-01
apartment11884$2,4002026-08-25
apartment11655$3,050
apartment11643$3,065
apartment11643$3,095
apartment11655$3,189
apartment11566$2,905
apartment11582$2,671
apartment11808$2,885
apartment11808$2,885
apartment11808$2,865
apartment11582$2,877
apartment11566$2,854
apartment11698$3,237
apartment11643$3,055
apartment11655$3,178
apartment11652$3,172
apartment11646$3,287
condos11770$2,5502026-09-01

3180 SW 22nd Ter Unit 707

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage694
Listed2026-08-21
Days on market

Asking rent: $2,600

View on Zillow →

3170 Coral Way

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage643
Listed2024-06-11
Days on market

Asking rent: $2,640

View on Zillow →

3232 Coral Way Apt 1507

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage792
Listed2026-08-20
Days on market

Asking rent: $3,000

View on Zillow →

3622 Coral Way

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage808
Listed2024-11-21
Days on market

Asking rent: $2,790

View on Zillow →

2351 Douglas Rd Apt 909

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed2026-08-19
Days on market

Asking rent: $2,500

View on Zillow →

2190 SW 14th Ter Apt 2

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-08-19
Days on market

Asking rent: $2,000

View on Zillow →

3410 Coral Way Apt 901

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage530
Listed2026-08-18
Days on market

Asking rent: $2,200

View on Zillow →

3500 Coral Way Ph 1501

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage665
Listed2026-08-17
Days on market

Asking rent: $2,280

View on Zillow →

3000 Coral Way Apt 511

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage770
Listed2026-08-16
Days on market

Asking rent: $2,500

View on Zillow →

2190 SW 14th Ter

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-08-15
Days on market

Asking rent: $2,000

View on Zillow →

2401 SW 22nd St

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-08-05
Days on market

Asking rent: $1,980

View on Zillow →

2301 SW 27th Ave Apt 1102

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage694
Listed2026-08-10
Days on market

Asking rent: $2,800

View on Zillow →

2263 SW 37th Ave

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage566
Listed2024-04-12
Days on market

Asking rent: $2,426

View on Zillow →

3312 SW 1st Ave Unit 3312

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage575
Listed2026-08-06
Days on market

Asking rent: $2,400

View on Zillow →

1765 SW 21st St Unit 2

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage1,000
Listed2026-08-05
Days on market

Asking rent: $1,600

View on Zillow →

2301 SW 27th Ave Apt 1204

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage692
Listed2026-07-27
Days on market

Asking rent: $2,700

View on Zillow →

2734 SW 24th Ter Unit 2

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage1,000
Listed2026-07-23
Days on market

Asking rent: $1,800

View on Zillow →

1814 SW 22nd Ave Apt 11

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage675
Listed2026-07-21
Days on market

Asking rent: $1,895

View on Zillow →

1627 SW 37th Ave Apt 401

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 2 ba
Square footage831
Listed2026-07-17
Days on market

Asking rent: $2,800

View on Zillow →

3500 Coral Way Apt 812

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed2026-07-14
Days on market

Asking rent: $2,000

View on Zillow →

3180 SW 22nd Ter Unit 507

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage694
Listed2026-07-14
Days on market

Asking rent: $2,400

View on Zillow →

3500 Coral Way Apt 406

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage595
Listed2026-07-14
Days on market

Asking rent: $2,400

View on Zillow →

1650 Coral Way Apt 604

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage770
Listed2026-07-14
Days on market

Asking rent: $2,750

View on Zillow →

1920 SW 24th St Apt 1

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-07-08
Days on market

Asking rent: $1,700

View on Zillow →

3000 Coral Way Apt 1507

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage770
Listed2026-07-03
Days on market

Asking rent: $2,400

View on Zillow →

1501 SW 37th Ave Apt 1307

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage756
Listed2026-06-17
Days on market

Asking rent: $2,800

View on Zillow →

3500 Coral Way Ph 1

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage665
Listed2026-06-08
Days on market

Asking rent: $2,300

View on Zillow →

3531 SW 13th St Unit A

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-05-13
Days on market

Asking rent: $1,500

View on Zillow →

1627 SW 37th Ave Apt 802

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 2 ba
Square footage831
Listed2026-07-30
Days on market

Asking rent: $2,600

View on Zillow →

3162-3170 SW 16th St

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage552
Listed2026-03-11
Days on market

Asking rent: $1,980

View on Zillow →

1734 SW 23rd St Unit 2

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage650
Listed2023-03-31
Days on market

Asking rent: $2,400

View on Zillow →

2441 SW 31st Ave Apt 303

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage558
Listed2026-04-14
Days on market

Asking rent: $1,800

View on Zillow →

3180 SW 22nd Ter Unit 908

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage655
Listed2026-08-25
Days on market

Asking rent: $2,400

View on Zillow →

3500 Coral Way Apt 505

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage623
Listed2026-04-17
Days on market

Asking rent: $2,100

View on Zillow →

3500 Coral Way Apt 600

Coral Gables, 33145 · rent comp

Bedrooms / bathrooms1 bd / 2 ba
Square footage626
Listed
Days on market

Asking rent: $2,300

View on Zillow →

2263 SW 37th Ave Apt 324

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage582
Listed
Days on market

Asking rent: $2,491

View on Zillow →

3622 Coral Way Apt 301

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage856
Listed
Days on market

Asking rent: $2,790

View on Zillow →

2263 SW 37th Ave Apt 615

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage672
Listed
Days on market

Asking rent: $2,636

View on Zillow →

3622 Coral Way Apt 810

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage808
Listed
Days on market

Asking rent: $2,875

View on Zillow →

26600 Rosewood Point Dr Unit 102

Bonita Springs, 33145 · rent comp

Bedrooms / bathrooms1 bd / 2 ba
Square footage833
Listed2026-04-01
Days on market

Asking rent: $2,900

View on Zillow →

Siguaraya 2024 Llc-1710 Sw 27th Ave Unit 700

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage884
Listed2026-08-25
Days on market

Asking rent: $2,400

View on Zillow →

3170 Coral Way Apt 1610

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage655
Listed
Days on market

Asking rent: $3,050

View on Zillow →

3170 Coral Way Apt 902

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage643
Listed
Days on market

Asking rent: $3,065

View on Zillow →

3170 Coral Way Apt 502

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage643
Listed
Days on market

Asking rent: $3,095

View on Zillow →

3170 Coral Way Apt 1010

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage655
Listed
Days on market

Asking rent: $3,189

View on Zillow →

2263 SW 37th Ave Apt 610

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage566
Listed
Days on market

Asking rent: $2,905

View on Zillow →

2263 SW 37th Ave Apt 724

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage582
Listed
Days on market

Asking rent: $2,671

View on Zillow →

3622 Coral Way Apt 909

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage808
Listed
Days on market

Asking rent: $2,885

View on Zillow →

3622 Coral Way Apt 904

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage808
Listed
Days on market

Asking rent: $2,885

View on Zillow →

3622 Coral Way Apt 708

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage808
Listed
Days on market

Asking rent: $2,865

View on Zillow →

2263 SW 37th Ave Apt 524

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage582
Listed
Days on market

Asking rent: $2,877

View on Zillow →

2263 SW 37th Ave Apt 310

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage566
Listed
Days on market

Asking rent: $2,854

View on Zillow →

2263 SW 37th Ave Apt 732

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage698
Listed
Days on market

Asking rent: $3,237

View on Zillow →

3170 Coral Way Apt 602

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage643
Listed
Days on market

Asking rent: $3,055

View on Zillow →

3170 Coral Way Apt 910

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage655
Listed
Days on market

Asking rent: $3,178

View on Zillow →

3170 Coral Way Apt 603

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage652
Listed
Days on market

Asking rent: $3,172

View on Zillow →

3170 Coral Way Apt 1505

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage646
Listed
Days on market

Asking rent: $3,287

View on Zillow →

1650 Coral Way Apt 504

Miami, 33145 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage770
Listed2026-09-01
Days on market

Asking rent: $2,550

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
2280 SW 32nd Ave Apt 509condos11686$280,0002026-08-26
3000 Coral Way Apt 1409condos11816$325,0002026-08-11
3180 Coral Way Apt 902condos11745$332,0002026-08-06
3000 Coral Way Apt 813condos11816$335,0002026-08-05
3530 SW 22nd St Apt 614condos11714$350,0002026-07-30
3500 Coral Way Apt 1112condos11594$275,0002026-07-14
3000 Coral Way Apt 919condos11785$340,0002026-07-10
1401 SW 22nd St Apt 1503condos11714$360,0002026-06-18
2150 SW 16th Ave Apt 108condos11694$217,5002026-06-16
2301 SW 27th Ave Apt 1202condos11689$309,0002026-06-08
3000 Coral Way Apt 519condos11785$346,0002026-06-08
3232 Coral Way Apt 905condos11792$339,0002026-05-26
3181 SW 13th St Apt 416condos11620$199,0002026-05-15
3000 Coral Way Apt 513condos11816$280,0002026-04-21
2351 Douglas Rd Apt 505condos12750$320,0002026-04-20
3410 Coral Way Apt 904condos11486$210,0002026-03-20
3181 SW 13th St Apt 407condos11620$190,0002026-03-02
3000 Coral Way Apt 815condos11752$317,5002026-02-27
3410 Coral Way Apt 804condos11486$210,0002026-02-18
2400 SW 27th Ave Apt 406condos12760$302,5002026-02-11
3181 SW 13th St Apt 114condos11620$185,0002026-02-11
2496 SW 17th Ave Apt 5306condos11611$198,5002026-01-29
3000 Coral Way Apt 1121condos11824$367,5002026-01-27
3181 SW 13th St Apt 314condos11620$191,0002026-01-06
3000 Coral Way Apt 1505condos11816$350,0002025-12-26
3000 Coral Way Apt 715condos11752$315,0002025-11-19
2465 SW 18th Ave Apt 3307condos11611$220,0002025-11-07
3000 Coral Way Apt 1105condos11786$344,5002025-10-21
3500 Coral Way Apt 1402condos11615$290,0002025-10-15

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
2190 SW 14th Termulti_family123,290$1,600,000
1650 Coral Way Apt 507condos121,030$430,000
1650 Coral Way Apt 510condos11770$375,000
2441 SW 31st Ave Apt 303condos11558$240,000
1400 SW 27th Ave Apt 202condos11672$229,500
3180 SW 22nd Ter Ph 203condos11700$399,900
3232 SW 22nd Ter Unit 1607condos11792$345,000
2465 SW 18th Ave Apt 3208condos11611$225,000

10-year hold projection

IRR-5.9%
Equity multiple0.01x
Total return (10yr)-$43,418
YearProperty valueNOICash flowLoan balanceEquity
1$386,250$2,169-$22,526$296,747$89,503
2$397,838$2,367-$22,367$293,271$104,566
3$409,773$2,574-$22,200$289,557$120,216
4$422,066$2,790-$22,024$285,587$136,479
5$434,728$3,017-$21,840$281,344$153,383
6$447,770$3,254-$21,646$276,811$170,959
7$461,203$3,502-$21,442$271,966$189,237
8$475,039$3,761-$21,228$266,788$208,251
9$489,290$4,031-$21,004$261,254$228,036
10$503,969$4,314-$20,769$255,341$248,628
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.