1385 SW 143rd Ct

Miami, FL 33184 · single_family · For Sale · 174 days on market
Asking price$1,199,000
4 beds 3 baths 2,425 sqft
Suggested offer$907,272$291,728 above the est. market value of $907,272.
View on Realtor.com →
Listed by Annia Garcia · Delphi Investment Realty
Typesingle_family
Built1997
Price / sqft$494
Est. value (own analysis)$907,272
Rent estimate (own analysis)$3,700/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-03-12
Removed date
MLSStellarMLS #C7523280
Coordinates25.75425, -80.42682
Address1385 SW 143rd Ct
CityMiami
StateFL
Zip33184
Listing ID6675485340
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33184)

Typical home value (ZHVI)$569,847
Typical rent (ZORI)$3,033/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$1,199,000
Down payment (20.0%)$239,800
Loan amount$959,200
Closing costs (5.0%)$59,950
Total cash to close$299,750
Rent (comp-derived)$3,700$44,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$44,400
Vacancy rate (assumption) assumption8.0%

$44,400 × 8.0% = $3,552

Effective gross income$3,404$40,848
Property tax (placeholder 1.9% of price)$1,898$22,781
Insurance (placeholder 0.8% of price)$799$9,592
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$185$2,220
Total operating expenses$2,883$34,593
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$40,848
Total operating expenses derived$34,593

$40,848 − $34,593 = $6,255

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$959,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$959,200 amortized at 6.7% over 30 years = $6,164/mo

CapEx reserve (5.0% of GSR)$185$2,220
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$6,255
Annual debt service derived$73,969
Annual CapEx reserve assumption$2,220
Annual PMI assumption$0

($6,255 − $73,969 − $2,220 − $0) ÷ 12 = -$5,828

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$6,255
Purchase price data$1,199,000

$6,255 ÷ $1,199,000 = 0.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$69,934
Total cash to close derived$299,750

-$69,934 ÷ $299,750 = -23.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$6,255
Annual debt service derived$73,969

$6,255 ÷ $73,969 = 0.08

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$44,400
Purchase price data$1,199,000

($44,400 ÷ 12) ÷ $1,199,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,199,000
Gross scheduled rent (annual) comp$44,400

$1,199,000 ÷ $44,400 = 27.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$34,593
Effective gross income derived$40,848

$34,593 ÷ $40,848 = 84.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$34,593
Annual debt service derived$73,969
Annual PMI assumption$0
Gross scheduled rent (annual) comp$44,400

($34,593 + $73,969 + $0) ÷ $44,400 = 244.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family432,304$3,4002026-08-17
single_family432,239$4,2002026-07-27
single_family432,239$4,0002026-07-22
single_family422,668$3,3302026-05-23

13224 SW 10 Te Unit 0

Miami, 33184 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,304
Listed2026-08-17
Days on market

Asking rent: $3,400

View on Zillow →

14540 SW 13th Ter

Miami, 33184 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,239
Listed2026-07-27
Days on market

Asking rent: $4,200

View on Zillow →

14521 SW 13th Ter

Miami, 33184 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,239
Listed2026-07-22
Days on market

Asking rent: $4,000

View on Zillow →

1246 SW 146th Ct

Miami, 33184 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,668
Listed2026-05-23
Days on market

Asking rent: $3,330

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
14442 SW 14th Stsingle_family453,900$1,025,0002026-08-31
13216 SW 10th Tersingle_family432,037$620,0002026-08-28
1330 SW 126th Plsingle_family432,104$760,0002026-08-21
910 SW 140th Avesingle_family421,934$711,0002026-08-21
13741 SW 11th Stsingle_family421,630$635,0002026-08-19
1204 SW 136th Plsingle_family421,796$720,0002026-08-07
1095 SW 135th Plsingle_family432,304$535,0002026-08-05
13220 SW 5th Stsingle_family422,305$765,0002026-07-15
13736 SW 12th Stsingle_family432,016$680,0002026-07-06
11821 Tuttle Blvdsingle_family421,881$450,0002026-07-06
1220 SW 126th Plsingle_family422,174$810,0002026-06-11
13811 SW 14th Stsingle_family421,668$650,0002026-05-26
1232 SW 132nd Ctsingle_family432,936$880,0002026-05-08
13844 SW 15th Stsingle_family421,478$655,0002026-04-30
13935 SW 10th Stsingle_family421,673$710,0002026-04-28
13966 SW 13th Stsingle_family432,215$860,0002026-03-31
530 SW 136th Plsingle_family443,042$850,0002026-03-31
1300 SW 136th Plsingle_family431,796$720,0002026-03-30
1401 SW 145th Avesingle_family432,517$890,0002026-03-30
14439 SW 15th Stsingle_family432,420$865,0002026-02-11
165 SW 130th Avesingle_family433,175$1,850,0002026-02-03
30 SW 136th Avesingle_family422,558$900,0002026-01-02
419 SW 136th Plsingle_family432,018$755,0002025-12-19
13137 SW 3rd Stsingle_family421,959$820,0002025-12-17
14502 SW 10th Stsingle_family443,123$850,0002025-12-15
13926 SW 14th Stsingle_family452,718$1,360,0002025-12-10
200 SW 132nd Avesingle_family422,064$684,4002025-12-08
12246 SW 1st Stsingle_family453,259$1,375,0002025-11-20
10 SW 124th Avesingle_family433,134$2,640,0002025-11-19
13123 SW 6th Stsingle_family421,826$775,0002025-11-14
1291 SW 139th Plsingle_family421,663$650,0002025-10-21
14199 SW 9th Stsingle_family431,877$725,0002025-10-20
13723 SW 15th Stsingle_family421,686$682,0002025-10-16
1501 SW 138th Avesingle_family421,585$650,0002025-10-10
14428 SW 13th Tersingle_family432,046$850,0002025-10-01
13852 SW 9th Stsingle_family421,864$212,0002025-09-24
844 SW 134th Plsingle_family432,037$577,0002025-09-19
14415 SW 13th Tersingle_family431,870$835,0002025-09-17
11800 SW 4th Tersingle_family432,770$790,0002025-09-08

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
13224 SW 10 Tesingle_family432,304$704,900
1051 SW 144th Plsingle_family443,043$1,099,000
1542 SW 138th Ctsingle_family431,557$750,000
11845 SW 3rd Stsingle_family432,153$799,000
14443 SW 12th Lnsingle_family443,056$1,100,000
13131 SW 5th Stsingle_family421,879$749,000
13390 SW 1st Stsingle_family421,952$909,900
14623 SW 11th Stsingle_family432,289$775,000

10-year hold projection

IRR-5.7%
Equity multiple0.05x
Total return (10yr)-$128,697
YearProperty valueNOICash flowLoan balanceEquity
1$1,234,970$6,255-$69,934$948,800$286,170
2$1,272,019$6,616-$69,629$937,686$334,333
3$1,310,180$6,991-$69,310$925,809$384,371
4$1,349,485$7,383-$68,977$913,116$436,369
5$1,389,970$7,791-$68,629$899,551$490,418
6$1,431,669$8,215-$68,265$885,055$546,613
7$1,474,619$8,657-$67,886$869,564$605,055
8$1,518,857$9,118-$67,490$853,009$665,849
9$1,564,423$9,597-$67,077$835,316$729,107
10$1,611,356$10,095-$66,646$816,409$794,946
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.