10505 SW 153rd Ct Apt 2
Miami, FL 33196 · townhomes · For Sale · 23 days on market
Asking price$384,920
2 beds 2 baths 1,050 sqft
Suggested offer$340,909$44,011 above the est. market value of $340,909.
View on Realtor.com →Listed by Emily Delgado · LPT Realty
Typetownhomes
Built1985
Price / sqft$367
Est. value (own analysis)$340,909
Rent estimate (own analysis)$2,600/mo
HOA$293/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-10
Removed date—
MLSMiamiMLS #A12068296
Coordinates25.66874, -80.44421
Address10505 SW 153rd Ct Apt 2
CityMiami
StateFL
Zip33196
Listing ID6634011006
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 | $384,920 |
| Down payment (20.0%) | $76,984 |
| Loan amount | $307,936 |
| Closing costs (5.0%) | $19,246 |
| Total cash to close | $96,230 |
| Income | |
| Rent (comp-derived) | $2,600$31,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,392$28,704 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $609$7,313 |
| Insurance (est. scaled by flood & wind risk) | $385$4,619 |
| HOA dues | $293$3,516 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $130$1,560 |
| Total operating expenses | $1,417$17,009 |
| 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) | $130$1,560 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 2 | 3 | 1,262 | $2,599 | 2026-08-18 | — | |
| townhomes | 2 | 3 | 1,136 | $2,650 | 2026-08-13 | — | |
| townhomes | 2 | 3 | 1,416 | $2,600 | 2026-08-07 | — | |
| townhomes | 2 | 2 | 979 | $2,400 | 2026-08-07 | — | |
| townhomes | 2 | 3 | 1,416 | $2,500 | 2026-07-24 | — | |
| townhomes | 2 | 2 | 1,076 | $2,650 | 2026-07-23 | — | |
| townhomes | 2 | 3 | 1,289 | $2,900 | 2026-08-03 | — |
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 |
|---|---|---|---|---|---|---|
| 10420 SW 154th Ct Apt 5 | townhomes | 2 | 3 | 1,232 | $390,000 | 2026-07-06 |
| 10415 SW 154th Ct Apt 2 | townhomes | 2 | 2 | 1,050 | $375,000 | 2026-06-18 |
| 15056 SW 116th St | townhomes | 2 | 2 | 1,416 | $454,000 | 2026-06-09 |
| 15070 SW 116th St | townhomes | 2 | 2 | 1,416 | $450,000 | 2026-05-28 |
| 10305 SW 154th Cir Ct Apt 26 | townhomes | 2 | 1 | 909 | $330,000 | 2026-04-29 |
| 10315 SW 154th Cir Ct Apt 28 | townhomes | 2 | 1 | 909 | $319,000 | 2026-04-10 |
| 10425 SW 153rd Ct Apt 8 | townhomes | 2 | 3 | 1,289 | $412,000 | 2026-04-09 |
| 15365 SW 104th Ter Apt 2 | townhomes | 2 | 2 | 1,078 | $388,000 | 2026-04-02 |
| 10515 SW 153rd Ct Apt 3 | townhomes | 2 | 3 | 1,078 | $350,000 | 2026-03-27 |
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 |
|---|---|---|---|---|---|---|
| 15325 SW 106th Ter Apt 636 | condos | 2 | 2 | 1,093 | $279,900 | — |
| 10420 SW 158th Ct Apt 105 | condos | 2 | 2 | 1,075 | $272,500 | — |
| 15320 SW 106th Ter Apt 1108 | condos | 2 | 2 | 1,093 | $305,000 | — |
| condos | 2 | 2 | 1,053 | $319,900 | — | |
| 15591 SW 105th Ter Apt 512 | condos | 2 | 2 | 1,053 | $319,900 | — |
| 10500 SW 155th Ct Apt 1022 | condos | 2 | 2 | 1,053 | $319,900 | — |
| 10425 SW 154th Ct Apt 6 | townhomes | 2 | 3 | 1,078 | $385,000 | — |
| 15600 SW 106th Ln Apt 1007 | condos | 2 | 2 | 918 | $269,000 | — |
10-year hold projection
IRR0.7%
Equity multiple1.12x
Total return (10yr)$61,784
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $396,468 | $11,695 | -$13,611 | $304,597 | $91,870 |
| 2 | $408,362 | $12,131 | -$13,214 | $301,029 | $107,332 |
| 3 | $420,612 | $12,582 | -$12,803 | $297,216 | $123,396 |
| 4 | $433,231 | $13,049 | -$12,377 | $293,141 | $140,089 |
| 5 | $446,228 | $13,532 | -$11,936 | $288,787 | $157,441 |
| 6 | $459,615 | $14,032 | -$11,479 | $284,133 | $175,482 |
| 7 | $473,403 | $14,549 | -$11,006 | $279,160 | $194,243 |
| 8 | $487,605 | $15,085 | -$10,516 | $273,845 | $213,760 |
| 9 | $502,233 | $15,638 | -$10,009 | $268,165 | $234,068 |
| 10 | $517,300 | $16,211 | -$9,484 | $262,095 | $255,205 |
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.