8700 SW 133rd Ave Rd Apt 109
Miami, FL 33183 · condos · For Sale · 131 days on market
Asking price$200,000
1 beds 2 baths 705 sqft
Listed by Eneida Cuesta-Boudy · Florida Capital Realty
Typecondos
Built1984
Price / sqft$284
Est. value (own analysis)$204,182
Rent estimate (own analysis)$1,900/mo
HOA$305/mo
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Statusfor_sale
Listed date2026-04-24
Removed date—
MLSMiamiMLS #A12006964
Coordinates25.68621, -80.41057
Address8700 SW 133rd Ave Rd Apt 109
CityMiami
StateFL
Zip33183
Listing ID6605562537
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33183)
Typical home value (ZHVI)$399,570
Typical rent (ZORI)$2,514/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 | $200,000 |
| Down payment (20.0%) | $40,000 |
| Loan amount | $160,000 |
| Closing costs (5.0%) | $10,000 |
| Total cash to close | $50,000 |
| Income | |
| Rent (comp-derived) | $1,900$22,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,748$20,976 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $317$3,800 |
| Insurance (placeholder 0.8% of price) | $133$1,600 |
| HOA dues | $305$3,660 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $95$1,140 |
| Total operating expenses | $850$10,200 |
| 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) | $95$1,140 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 1 | 1 | 750 | $2,100 | 2026-08-16 | — | |
| condos | 1 | 2 | 705 | $1,750 | 2026-08-13 | — | |
| apartment | 1 | 1 | 711 | $1,950 | 2026-04-27 | — | |
| condos | 1 | 1 | 725 | $1,780 | 2026-07-29 | — | |
| condos | 1 | 1 | 480 | $1,500 | 2026-03-19 | — | |
| apartment | 1 | 1 | 703 | $1,900 | 2026-03-20 | — | |
| condos | 1 | 1 | 500 | $2,100 | 2026-08-26 | — |
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 |
|---|---|---|---|---|---|---|
| 6210 SW 131st Ct Apt 204 | condos | 1 | 1 | 630 | $230,000 | 2026-06-11 |
| 13781 SW 66th St Unit 129B | condos | 1 | 1 | 750 | $246,000 | 2026-05-07 |
| 6220 SW 131st Ct Apt 204 | condos | 1 | 1 | 630 | $144,750 | 2026-04-23 |
| 13151 SW 62nd Ter Apt 103 | condos | 1 | 1 | 630 | $230,000 | 2026-04-14 |
| 5618500041 | condos | 1 | 1 | 711 | $234,000 | 2026-02-27 |
| 13783 SW 66th St Unit 203A | condos | 1 | 1 | 750 | $210,000 | 2026-02-26 |
| 13783 SW 66th St Unit 215A | condos | 1 | 1 | 750 | $210,000 | 2026-02-26 |
| 8301 SW 142nd Ave Apt A204 | condos | 1 | 1 | 665 | $199,000 | 2025-12-29 |
| 8500 SW 133rd Ave Rd Apt 104 | condos | 1 | 2 | 705 | $195,000 | 2025-11-10 |
| 14140 SW 84th St Unit 104H | condos | 1 | 1 | 744 | $171,000 | 2025-09-19 |
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 |
|---|---|---|---|---|---|---|
| 13707 Kendale Lakes Cir Ph 13 | condos | 1 | 2 | 742 | $214,700 | — |
| 13791 SW 66th St Unit 169E | condos | 1 | 1 | 750 | $236,000 | — |
| 14250 SW 62nd St Apt 312 | condos | 1 | 2 | 812 | $169,999 | — |
| 13789 SW 66th St Unit 283F | condos | 1 | 1 | 750 | $214,995 | — |
| 13781 SW 66th St Unit 231B | condos | 1 | 1 | 750 | $209,995 | — |
| 6219 SW 131st Pl Apt 204 | condos | 1 | 1 | 630 | $210,000 | — |
| 13787 SW 66th St Unit 254D | condos | 1 | 1 | 750 | $245,000 | — |
10-year hold projection
IRR7.1%
Equity multiple2.13x
Total return (10yr)$82,637
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $206,000 | $10,776 | -$2,702 | $158,265 | $47,735 |
| 2 | $212,180 | $11,150 | -$2,357 | $156,411 | $55,769 |
| 3 | $218,545 | $11,537 | -$1,999 | $154,430 | $64,115 |
| 4 | $225,102 | $11,937 | -$1,629 | $152,313 | $72,789 |
| 5 | $231,855 | $12,350 | -$1,247 | $150,050 | $81,804 |
| 6 | $238,810 | $12,777 | -$852 | $147,633 | $91,178 |
| 7 | $245,975 | $13,218 | -$443 | $145,049 | $100,926 |
| 8 | $253,354 | $13,673 | -$20 | $142,287 | $111,067 |
| 9 | $260,955 | $14,144 | $417 | $139,336 | $121,619 |
| 10 | $268,783 | $14,631 | $868 | $136,182 | $132,601 |
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.