17101 NW 57th Ave Apt 110
Miami Gardens, FL 33055 · condos · For Sale · 201 days on market
Asking price$229,999
1 beds 1 baths 633 sqft
Suggested offer$194,987$35,012 above the est. market value of $194,987.
View on Realtor.com →Listed by Daimara Olano · D'realty, Inc.
Typecondos
Built1969
Price / sqft$363
Est. value (own analysis)$194,987
Rent estimate (own analysis)$1,700/mo
HOA$154/mo
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Statusfor_sale
Listed date2026-02-13
Removed date—
MLSMiamiMLS #A11963693
Coordinates25.92852, -80.29256
Address17101 NW 57th Ave Apt 110
CityMiami Gardens
StateFL
Zip33055
Listing ID6862482691
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 | $229,999 |
| Down payment (20.0%) | $46,000 |
| Loan amount | $183,999 |
| Closing costs (5.0%) | $11,500 |
| Total cash to close | $57,500 |
| Income | |
| Rent (comp-derived) | $1,700$20,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,564$18,768 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $364$4,370 |
| Insurance (placeholder 0.8% of price) | $153$1,840 |
| HOA dues | $154$1,848 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $85$1,020 |
| Total operating expenses | $757$9,078 |
| 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) | $85$1,020 |
| 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 | 600 | $1,350 | 2026-08-13 | — | |
| apartment | 1 | 1 | 700 | $1,700 | 2026-06-04 | — | |
| condos | 1 | 1 | 633 | $1,730 | 2026-07-06 | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 18814 NW 46th Ave | condo_townhome_rowhome_coop | 4 | 2 | 1,260 | $250,000 | 2026-07-14 |
| 18423 NW 44th Pl | condo_townhome_rowhome_coop | 3 | 2 | 1,086 | $390,000 | 2026-03-20 |
| 18902 NW 46th Ave | condo_townhome_rowhome_coop | 2 | 2 | 960 | $369,000 | 2025-12-05 |
| 21359 NW 39th Ave | condo_townhome_rowhome_coop | 4 | 2 | 1,227 | $375,000 | 2025-10-20 |
| 5571 NW 194th Ln | condo_townhome_rowhome_coop | 3 | 2 | 1,302 | $400,000 | 2025-10-10 |
| 18044 NW 41st Pl | condo_townhome_rowhome_coop | 3 | 2 | 1,120 | $350,000 | 2025-10-09 |
| 18016 NW 40th Ct | condo_townhome_rowhome_coop | 3 | 2 | 1,120 | $345,000 | 2025-09-15 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 115 NE 202nd Ter Unit M20 | condos | 1 | 1 | 836 | $150,000 | — |
| 50 NW 204th St Unit H7 | condos | 1 | 1 | 576 | $80,000 | — |
| 700 NW 214th St Apt 411 | condos | 1 | 2 | 785 | $155,000 | — |
| 55 NW 204th St Apt 1 | condos | 1 | 1 | 575 | $105,000 | — |
| 301 NW 177th St Apt 141 | condos | 1 | 1 | 730 | $115,000 | — |
| 15 NW 204th St Apt 30 | condos | 1 | 1 | 711 | $129,999 | — |
| 505 NW 177th St Apt 212 | condos | 1 | 1 | 730 | $135,000 | — |
| 20520 NW 15th Ave Apt 221 | condos | 1 | 2 | 661 | $199,999 | — |
10-year hold projection
IRR4.0%
Equity multiple1.64x
Total return (10yr)$66,623
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $236,899 | $9,690 | -$5,519 | $182,004 | $54,895 |
| 2 | $244,006 | $10,026 | -$5,209 | $179,872 | $64,134 |
| 3 | $251,326 | $10,373 | -$4,887 | $177,594 | $73,732 |
| 4 | $258,866 | $10,732 | -$4,555 | $175,159 | $83,707 |
| 5 | $266,632 | $11,103 | -$4,212 | $172,557 | $94,075 |
| 6 | $274,631 | $11,486 | -$3,857 | $169,776 | $104,855 |
| 7 | $282,870 | $11,882 | -$3,490 | $166,805 | $116,065 |
| 8 | $291,356 | $12,291 | -$3,110 | $163,629 | $127,727 |
| 9 | $300,097 | $12,714 | -$2,718 | $160,235 | $139,862 |
| 10 | $309,099 | $13,151 | -$2,312 | $156,608 | $152,491 |
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.