5202 NW 187th St
Miami Gardens, FL 33055 · single_family · For Sale · 23 days on market
Asking price$559,900
3 beds 2 baths 1,263 sqft
Suggested offer$478,495$81,405 above the est. market value of $478,495.
View on Realtor.com →Listed by Andy & Bonnie Lopez · Keyes - Sunset
Typesingle_family
Built1993
Price / sqft$443
Est. value (own analysis)$478,495
Rent estimate (own analysis)$3,075/mo
HOA$95/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-10
Removed date—
MLSMiamiMLS #A12068404
Coordinates25.94323, -80.28619
Address5202 NW 187th St
CityMiami Gardens
StateFL
Zip33055
Listing ID6544096511
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33055)
Typical home value (ZHVI)$504,739
Typical rent (ZORI)$3,196/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 | $559,900 |
| Down payment (20.0%) | $111,980 |
| Loan amount | $447,920 |
| Closing costs (5.0%) | $27,995 |
| Total cash to close | $139,975 |
| Income | |
| Rent (comp-derived) | $3,075$36,900 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,829$33,948 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $887$10,638 |
| Insurance (est. scaled by flood & wind risk) | $560$6,719 |
| HOA dues | $95$1,140 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $154$1,845 |
| Total operating expenses | $1,695$20,342 |
| 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) | $154$1,845 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 3 | 2 | 1,131 | $2,975 | — | — | |
| single_family | 3 | 2 | 1,263 | $3,300 | 2026-08-10 | — | |
| single_family | 3 | 2 | 1,702 | $2,900 | 2026-05-18 | — | |
| single_family | 3 | 2 | 1,152 | $3,450 | 2026-07-31 | — | |
| single_family | 3 | 1 | 1,400 | $2,400 | 2026-01-14 | — | |
| single_family | 3 | 2 | 1,263 | $3,150 | — | — | |
| single_family | 3 | 2 | 1,386 | $3,700 | 2026-08-30 | — | |
| single_family | 3 | 2 | 1,600 | $3,000 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 17430 NW 37th Ct | single_family | 3 | 2 | 1,400 | $522,000 | 2026-08-31 |
| 17545 NW 49th Ct | single_family | 3 | 3 | 2,200 | $560,000 | 2026-08-24 |
| 17155 NW 37th Ct | single_family | 3 | 2 | 1,242 | $575,000 | 2026-08-24 |
| 19031 NW 54th Ave | single_family | 3 | 2 | 1,692 | $570,000 | 2026-08-20 |
| 4892 NW 168th Ter | single_family | 3 | 2 | 1,477 | $492,900 | 2026-08-18 |
| 17935 NW 48th Ct | single_family | 3 | 2 | 2,484 | $460,000 | 2026-08-17 |
| 17501 NW 41st Ave | single_family | 3 | 2 | 1,150 | $580,000 | 2026-08-13 |
| 18425 NW 42nd Pl | single_family | 3 | 2 | 1,710 | $530,000 | 2026-08-13 |
| 18530 NW 42nd Ave | single_family | 3 | 2 | 1,077 | $669,000 | 2026-08-12 |
| 4481 NW 176th Ter | single_family | 3 | 2 | 1,490 | $575,000 | 2026-08-11 |
| 18603 NW 47th Pl | single_family | 3 | 1 | 1,058 | $332,000 | 2026-08-07 |
| 17230 NW 56th Ave | single_family | 3 | 1 | 920 | $400,000 | 2026-07-30 |
| 19810 NW 39th Ave | single_family | 3 | 1 | 1,125 | $415,000 | 2026-07-27 |
| 5331 NW 170th Ter | single_family | 3 | 1 | 1,468 | $480,000 | 2026-07-23 |
| 4320 NW 191st Ter | single_family | 3 | 2 | 1,214 | $565,000 | 2026-07-23 |
| 17032 NW 49th Ct | single_family | 3 | 2 | 1,524 | $565,000 | 2026-07-21 |
| 19040 NW 54th Ave | single_family | 3 | 2 | 1,692 | $485,000 | 2026-07-21 |
| 3853 NW 209th St | single_family | 3 | 2 | 1,203 | $370,000 | 2026-07-21 |
| 19825 NW 44th Pl | single_family | 3 | 1 | 2,318 | $385,000 | 2026-07-13 |
| 4970 NW 199th St | single_family | 3 | 1 | 1,315 | $565,000 | 2026-07-13 |
| 3834 NW 209th St | single_family | 3 | 1 | 1,125 | $519,000 | 2026-07-10 |
| 16835 NW 41st Ave | single_family | 3 | 1 | 1,500 | $392,000 | 2026-07-08 |
| 3930 NW 185th St | single_family | 3 | 2 | 1,296 | $465,000 | 2026-07-06 |
| 4215 NW 197th St | single_family | 3 | 1 | 1,395 | $565,000 | 2026-06-30 |
| 4410 NW 174th Dr | single_family | 3 | 2 | 1,222 | $630,000 | 2026-06-30 |
| 19035 NW 54th Pl | single_family | 3 | 2 | 1,635 | $490,000 | 2026-06-29 |
| 19527 NW 50th Ct | single_family | 3 | 2 | 1,397 | $590,000 | 2026-06-29 |
| 17301 NW 41st Ave | single_family | 3 | 1 | 1,150 | $460,000 | 2026-06-29 |
| 18420 NW 38th Ct | single_family | 3 | 2 | 1,353 | $520,000 | 2026-06-26 |
| 5335 NW 197th Ln | single_family | 3 | 2 | 1,601 | $375,000 | 2026-06-24 |
| 5203365665 | single_family | 3 | 2 | 1,442 | $535,000 | 2026-06-18 |
| 5505 NW 172nd Ter | single_family | 3 | 1 | 2,353 | $460,000 | 2026-06-16 |
| 20731 NW 41st Avenue Rd | single_family | 3 | 2 | 972 | $415,000 | 2026-06-12 |
| 19820 NW 39th Ave | single_family | 3 | 2 | 1,125 | $590,000 | 2026-06-12 |
| 17165 NW 41st Ave | single_family | 3 | 1 | 1,546 | $445,000 | 2026-06-10 |
| 4005 NW 195th St | single_family | 3 | 2 | 1,460 | $555,000 | 2026-06-08 |
| 19730 NW 44th Ct | single_family | 3 | 2 | 1,125 | $545,000 | 2026-06-03 |
| 5452 NW 172nd Ter | single_family | 3 | 1 | — | $530,000 | 2026-06-03 |
| 4401 NW 193rd St | single_family | 3 | 1 | 1,104 | $550,000 | 2026-06-01 |
| 18450 NW 56th Pl | single_family | 3 | 2 | 1,556 | $589,500 | 2026-06-01 |
| 5511 NW 180th Ter | single_family | 3 | 2 | 1,379 | $540,000 | 2026-05-28 |
| 17221 NW 41st Ave | single_family | 3 | 1 | 1,150 | $530,000 | 2026-05-21 |
| 18422 NW 42nd Ct | single_family | 3 | 2 | 1,241 | $529,000 | 2026-05-21 |
| 17311 NW 49th Ave | single_family | 3 | 1 | 1,208 | $540,000 | 2026-05-20 |
| 17165 NW 41st Ave | single_family | 3 | 2 | 1,546 | $445,000 | 2026-05-18 |
| 18765 NW 55th Ave | single_family | 3 | 2 | 1,444 | $520,000 | 2026-05-15 |
| 3950 NW 171st Ter | single_family | 3 | 2 | 1,150 | $560,000 | 2026-05-13 |
| 4275 NW 197th St | single_family | 3 | 1 | 1,341 | $499,000 | 2026-05-11 |
| 4210 NW 197th St | single_family | 3 | 1 | 1,582 | $480,000 | 2026-05-04 |
| 17201 NW 42nd Ave | single_family | 3 | 2 | 1,502 | $615,000 | 2026-04-30 |
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 |
|---|---|---|---|---|---|---|
| 17545 NW 49th Ct | single_family | 3 | 3 | 2,200 | $561,100 | — |
| 20400 NW 38th Ct | single_family | 3 | 2 | 1,135 | $560,000 | — |
| 18804 NW 46th Ave | single_family | 3 | 2 | 1,120 | $387,000 | — |
| 19367 NW 45th Ave | townhomes | 3 | 2 | 1,034 | $380,000 | — |
| 17430 NW 37th Ct | single_family | 3 | 2 | 1,400 | $512,000 | — |
| 3728 NW 213th St | townhomes | 3 | 2 | 1,162 | $399,900 | — |
| 4527 NW 191st Ter | townhomes | 3 | 2 | 1,142 | $398,000 | — |
| 4441 NW 173rd Dr | single_family | 3 | 2 | 1,274 | $560,000 | — |
10-year hold projection
IRR-0.8%
Equity multiple0.87x
Total return (10yr)$54,431
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $576,697 | $13,606 | -$22,780 | $443,064 | $133,633 |
| 2 | $593,998 | $14,116 | -$22,317 | $437,874 | $156,124 |
| 3 | $611,818 | $14,644 | -$21,836 | $432,327 | $179,490 |
| 4 | $630,172 | $15,190 | -$21,338 | $426,400 | $203,772 |
| 5 | $649,078 | $15,755 | -$20,823 | $420,066 | $229,011 |
| 6 | $668,550 | $16,340 | -$20,289 | $413,297 | $255,253 |
| 7 | $688,606 | $16,945 | -$19,736 | $406,063 | $282,543 |
| 8 | $709,265 | $17,572 | -$19,163 | $398,332 | $310,932 |
| 9 | $730,543 | $18,220 | -$18,570 | $390,071 | $340,472 |
| 10 | $752,459 | $18,890 | -$17,955 | $381,242 | $371,217 |
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.