13470 SW 24th St
Miami, FL 33175 · single_family · For Sale · 60 days on market
Asking price$824,990
6 beds 4 baths 1,630 sqft
Suggested offer$697,969$127,021 above the est. market value of $697,969.
View on Realtor.com →Listed by Marilyn Pimentel · Lifestyle International Realty
Typesingle_family
Built1980
Price / sqft$506
Est. value (own analysis)$697,969
Rent estimate (own analysis)$13,000/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeWildfire4/10ModerateAir2/10MinorFlood1/10minimal$
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Statusfor_sale
Listed date2026-07-04
Removed date—
MLSMiamiMLS #A12047838
Coordinates25.74453, -80.41407
Address13470 SW 24th St
CityMiami
StateFL
Zip33175
Listing ID6731645116
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33175)
Typical home value (ZHVI)$628,459
Typical rent (ZORI)$3,232/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 | $824,990 |
| Down payment (20.0%) | $164,998 |
| Loan amount | $659,992 |
| Closing costs (5.0%) | $41,250 |
| Total cash to close | $206,248 |
| Income | |
| Rent (comp-derived) | $13,000$156,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $11,960$143,520 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,306$15,675 |
| Insurance (est. scaled by flood & wind risk) | $825$9,900 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $650$7,800 |
| Total operating expenses | $2,781$33,375 |
| 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) | $650$7,800 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 6 | 4 | 2,763 | $6,500 | 2026-08-18 | — | |
| single_family | 6 | 3 | 2,417 | $8,000 | 2026-08-05 | — | |
| single_family | 6 | 4 | 3,218 | $7,900 | 2026-07-24 | — | |
| single_family | 6 | 7 | 5,850 | $25,000 | 2026-07-21 | — | |
| single_family | 6 | 5 | 3,390 | $13,000 | 2026-06-25 | — | |
| single_family | 6 | 6 | 5,322 | $28,000 | 2026-06-17 | — | |
| single_family | 6 | 6 | 4,806 | $22,000 | 2026-06-17 | — | |
| single_family | 6 | 6 | 4,181 | $18,000 | 2026-08-03 | — | |
| single_family | 6 | 4 | 6,112 | $30,000 | — | — | |
| single_family | 6 | 4 | 3,078 | $3,500 | 2026-08-28 | — | |
| single_family | 6 | 3 | 2,716 | $2,000 | 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 |
|---|---|---|---|---|---|---|
| 2360 SW 139th Ave | single_family | 6 | 6 | 4,146 | $2,750,000 | 2026-08-13 |
| 3591 SW 142nd Ave | single_family | 6 | 4 | 3,658 | $935,000 | 2026-07-21 |
| 12200 SW 51st St | single_family | 6 | 5 | 5,115 | $2,075,000 | 2026-04-15 |
| 12025 SW 46th St | single_family | 6 | 6 | 5,113 | $4,000,000 | 2026-02-27 |
| 14090 SW 34th St | single_family | 6 | 4 | 5,021 | $2,150,000 | 2025-11-14 |
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 |
|---|---|---|---|---|---|---|
| 13370 SW 34th St | single_family | 6 | 7 | 4,161 | $2,700,000 | — |
| 3401 SW 129th Ave | single_family | 6 | 5 | 5,147 | $2,300,000 | — |
| 11835 SW 47th St | single_family | 6 | 8 | 6,469 | $3,300,000 | — |
| 2600 SW 128th Ct | single_family | 6 | 5 | 3,390 | $2,500,000 | — |
| 2840 SW 128th Ave | single_family | 6 | 7 | 4,758 | $2,199,000 | — |
10-year hold projection
IRR31.9%
Equity multiple5.60x
Total return (10yr)$1,057,023
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $849,740 | $110,145 | $51,450 | $652,836 | $196,904 |
| 2 | $875,232 | $113,617 | $54,726 | $645,189 | $230,043 |
| 3 | $901,489 | $117,196 | $58,106 | $637,017 | $264,472 |
| 4 | $928,534 | $120,887 | $61,592 | $628,283 | $300,250 |
| 5 | $956,390 | $124,694 | $65,188 | $618,950 | $337,440 |
| 6 | $985,081 | $128,619 | $68,898 | $608,975 | $376,106 |
| 7 | $1,014,634 | $132,666 | $72,725 | $598,316 | $416,317 |
| 8 | $1,045,073 | $136,839 | $76,672 | $586,925 | $458,148 |
| 9 | $1,076,425 | $141,143 | $80,744 | $574,752 | $501,673 |
| 10 | $1,108,718 | $145,581 | $84,944 | $561,742 | $546,975 |
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.