17301 NW 47th Ave
Miami Gardens, FL 33055 · single_family · For Sale · 16 days on market
Asking price$699,000
5 beds 2 baths 1,753 sqft
Suggested offer$556,384$142,616 above the est. market value of $556,384.
View on Realtor.com →Listed by Maria Del Pilar Nino · United Real Estate Miami
Typesingle_family
Built1958
Price / sqft$399
Est. value (own analysis)$556,384
Rent estimate (own analysis)$3,990/mo
HOANone
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Statusfor_sale
Listed date2026-08-17
Removed date—
MLSMiamiMLS #A12072762
Coordinates25.93059, -80.27669
Address17301 NW 47th Ave
CityMiami Gardens
StateFL
Zip33055
Listing ID6884581395
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 | $699,000 |
| Down payment (20.0%) | $139,800 |
| Loan amount | $559,200 |
| Closing costs (5.0%) | $34,950 |
| Total cash to close | $174,750 |
| Income | |
| Rent (comp-derived) | $3,990$47,880 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,671$44,050 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,107$13,281 |
| Insurance (placeholder 0.8% of price) | $466$5,592 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $200$2,394 |
| Total operating expenses | $1,772$21,267 |
| 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) | $200$2,394 |
| 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 | 5 | 2 | 1,720 | $2,995 | 2026-07-12 | — | |
| single_family | 5 | 3 | 1,468 | $3,680 | 2026-05-29 | — | |
| single_family | 5 | 3 | 2,118 | $4,500 | 2026-08-27 | — | |
| single_family | 5 | 2 | 1,491 | $4,300 | 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 |
|---|---|---|---|---|---|---|
| 4513 NW 203rd Ter | single_family | 5 | 2 | 1,608 | $685,000 | 2026-08-31 |
| 19100 NW 51st Ave | single_family | 5 | 2 | 2,010 | $610,000 | 2026-08-07 |
| 18620 NW 47th Ct | single_family | 5 | 3 | 1,738 | $685,000 | 2026-07-10 |
| 4231 NW 172nd Dr | single_family | 5 | 3 | 2,830 | $450,000 | 2026-06-24 |
| 4420 NW 168th Ter | single_family | 5 | 4 | 2,462 | $660,000 | 2026-06-02 |
| 19602 NW 37th Ct | single_family | 5 | 3 | 1,658 | $690,000 | 2026-04-14 |
| 17130 NW 51st Pl | single_family | 5 | 3 | 2,237 | $710,000 | 2026-04-07 |
| 4480 NW 201st St | single_family | 5 | 3 | 1,896 | $690,000 | 2026-04-06 |
| 5020 NW 170th St | single_family | 5 | 3 | 1,012 | $658,500 | 2026-03-27 |
| 18701 NW 39th Ct | single_family | 5 | 3 | 2,527 | $500,000 | 2026-03-06 |
| 20352 NW 39th Ct | single_family | 5 | 1 | 2,160 | $376,000 | 2026-02-27 |
| 18600 NW 42nd Pl | single_family | 5 | 3 | 1,645 | $560,000 | 2025-12-02 |
| 4720 NW 179th St | single_family | 5 | 2 | 2,399 | $650,000 | 2025-11-18 |
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 |
|---|---|---|---|---|---|---|
| 4450 NW 169th Ter | single_family | 5 | 3 | — | $699,900 | — |
| 20501 NW 44th Ct | single_family | 5 | 3 | 1,793 | $669,900 | — |
| 4330 NW 203rd Ter | single_family | 5 | 3 | 2,178 | $710,000 | — |
| 17120 NW 43rd Ct | single_family | 5 | 2 | 2,737 | $600,000 | — |
| single_family | 5 | 4 | 2,890 | $570,000 | — | |
| 19200 NW 44th Ave | single_family | 5 | 2 | 2,233 | $634,999 | — |
| 20630 NW 37th Ct | single_family | 5 | 3 | 1,688 | $560,000 | — |
| 4513 NW 203rd Ter | single_family | 5 | 2 | 1,608 | $680,000 | — |
10-year hold projection
IRR1.4%
Equity multiple1.23x
Total return (10yr)$132,310
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $719,970 | $22,783 | -$22,734 | $553,137 | $166,833 |
| 2 | $741,569 | $23,572 | -$22,004 | $546,658 | $194,911 |
| 3 | $763,816 | $24,389 | -$21,249 | $539,733 | $224,083 |
| 4 | $786,731 | $25,232 | -$20,469 | $532,334 | $254,397 |
| 5 | $810,333 | $26,103 | -$19,662 | $524,426 | $285,907 |
| 6 | $834,643 | $27,004 | -$18,828 | $515,975 | $318,668 |
| 7 | $859,682 | $27,934 | -$17,965 | $506,943 | $352,738 |
| 8 | $885,472 | $28,896 | -$17,073 | $497,292 | $388,180 |
| 9 | $912,036 | $29,889 | -$16,151 | $486,978 | $425,059 |
| 10 | $939,398 | $30,915 | -$15,197 | $475,955 | $463,442 |
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.