2351 SW 145th Ave

Miami, FL 33175 · single_family · Pending — under contract · 72 days on market
Asking price$883,000
3 beds 3 baths 2,150 sqft
Suggested offer$878,727$4,274 above the est. market value of $878,727.
View on Realtor.com →
Listed by Felipe Carmona · Carmona Realty Group, Llc
Typesingle_family
Built2011
Price / sqft$411
Est. value (own analysis)$878,727
Rent estimate (own analysis)$3,625/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeWildfire5/10MajorFlood4/10moderate$Air2/10Minor
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-22
Removed date
MLSMiamiMLS #A12040842
Coordinates25.74498, -80.43009
Address2351 SW 145th Ave
CityMiami
StateFL
Zip33175
Listing ID6893707850
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)

Purchase price$883,000
Down payment (20.0%)$176,600
Loan amount$706,400
Closing costs (5.0%)$44,150
Total cash to close$220,750
Rent (comp-derived)$3,625$43,500
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$43,500
Vacancy rate (assumption) assumption8.0%

$43,500 × 8.0% = $3,480

Effective gross income$3,335$40,020
Property tax (placeholder 1.9% of price)$1,398$16,777
Insurance (est. scaled by flood & wind risk)$942$11,302
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$181$2,175
Total operating expenses$2,521$30,254
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$40,020
Total operating expenses derived$30,254

$40,020 − $30,254 = $9,766

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$706,400
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$706,400 amortized at 6.7% over 30 years = $4,540/mo

CapEx reserve (5.0% of GSR)$181$2,175
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$9,766
Annual debt service derived$54,474
Annual CapEx reserve assumption$2,175
Annual PMI assumption$0

($9,766 − $54,474 − $2,175 − $0) ÷ 12 = -$3,907

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$9,766
Purchase price data$883,000

$9,766 ÷ $883,000 = 1.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$46,884
Total cash to close derived$220,750

-$46,884 ÷ $220,750 = -21.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$9,766
Annual debt service derived$54,474

$9,766 ÷ $54,474 = 0.18

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$43,500
Purchase price data$883,000

($43,500 ÷ 12) ÷ $883,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$883,000
Gross scheduled rent (annual) comp$43,500

$883,000 ÷ $43,500 = 20.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$30,254
Effective gross income derived$40,020

$30,254 ÷ $40,020 = 75.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$30,254
Annual debt service derived$54,474
Annual PMI assumption$0
Gross scheduled rent (annual) comp$43,500

($30,254 + $54,474 + $0) ÷ $43,500 = 194.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,550$3,9502026-07-21
single_family321,518$3,6502026-07-20
single_family331,909$4,2002026-07-16
single_family321,525$3,6002026-05-25
single_family321,700$3,6002025-10-12
single_family321,899$3,335
single_family322,250$3,8002026-08-24
single_family332,201$3,600
single_family331,430$3,450
single_family321,682$4,0002026-08-28

1938 SW 137th Ct

Miami, 33175 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,550
Listed2026-07-21
Days on market

Asking rent: $3,950

View on Zillow →

3300 SW 126th Ave

Miami, 33175 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,518
Listed2026-07-20
Days on market

Asking rent: $3,650

View on Zillow →

2431 SW 127th Ave Unit 2431

Miami, 33175 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,909
Listed2026-07-16
Days on market

Asking rent: $4,200

View on Zillow →

13440 SW 28th St

Miami, 33175 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,525
Listed2026-05-25
Days on market

Asking rent: $3,600

View on Zillow →

11760 SW 35th Ter

Miami, 33175 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,700
Listed2025-10-12
Days on market

Asking rent: $3,600

View on Zillow →

4705 SW 143rd Ave

Miami, 33175 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,899
Listed
Days on market

Asking rent: $3,335

View on Zillow →

14519 SW 24th Ter

Miami, 33175 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,250
Listed2026-08-24
Days on market

Asking rent: $3,800

View on Zillow →

12770 SW 18th St

Miami, 33175 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,201
Listed
Days on market

Asking rent: $3,600

View on Zillow →

12340 SW 20th Ter # 12340

Miami, 33175 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,430
Listed
Days on market

Asking rent: $3,450

View on Zillow →

1777 SW 136th Pl

Miami, 33175 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,682
Listed2026-08-28
Days on market

Asking rent: $4,000

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
2351 SW 145th Avesingle_family332,150$875,0002026-08-25
4332 SW 146th Avesingle_family321,896$745,0002026-08-20
4756 SW 143rd Avesingle_family321,536$630,0002026-08-19
5221 SW 127th Plsingle_family321,911$700,0002026-08-14
3860 SW 121st Avesingle_family322,242$753,0002026-08-07
2821 SW 117th Avesingle_family322,273$750,0002026-07-30
3285 SW 132nd Avesingle_family322,878$1,377,0002026-07-22
11750 SW 31st Stsingle_family311,768$699,0002026-07-22
12301 SW 56th Stsingle_family327,696$3,500,0002026-07-21
11880 SW 45th Stsingle_family321,755$1,100,0002026-07-20
1615 SW 137th Plsingle_family321,577$660,0002026-07-20
11995 SW 26th Tersingle_family311,857$695,0002026-07-17
12000 SW 39th Tersingle_family321,828$450,0002026-07-14
13253 SW 28th Stsingle_family321,579$615,0002026-07-09
12842 SW 20th Stsingle_family331,202$789,0002026-07-07
11944 SW 37th Stsingle_family321,248$640,0002026-07-02
3245 Village Green Drsingle_family321,702$725,0002026-07-01
3815 SW 125th Avesingle_family321,461$800,0002026-06-29
14300 SW 52nd Stsingle_family321,665$625,0002026-06-26
3381 SW 140th Avesingle_family331,781$790,0002026-06-24
11901 SW 51st Stsingle_family32472$1,500,0002026-06-24
11798 SW 32nd Stsingle_family321,964$864,0002026-06-24
13401 SW 30th Stsingle_family322,002$640,0002026-06-15
5420 SW 143rd Ctsingle_family321,596$650,0002026-06-11
14241 SW 36th Stsingle_family321,902$800,0002026-06-11
4041 SW 117th Avesingle_family321,152$720,0002026-06-09
1647 SW 136th Plsingle_family321,682$650,0002026-06-09
14330 SW 50th Stsingle_family321,694$673,5002026-06-09
2505 SW 126th Avesingle_family321,918$845,0002026-06-08
3530 SW 126th Avesingle_family312,204$815,0002026-06-03
2235 SW 131st Ctsingle_family322,330$770,0002026-05-29
4210 SW 134th Avesingle_family321,565$657,0002026-05-29
4218 SW 138th Ctsingle_family331,134$550,0002026-05-29
1654 SW 138th Ctsingle_family321,384$635,0002026-05-29
4890 SW 141st Avesingle_family321,882$765,0002026-05-29
2020 SW 127th Ctsingle_family31884$550,0002026-05-28
1623 SW 138th Ctsingle_family321,710$712,5002026-05-20
13470 SW 27th Stsingle_family321,533$580,0002026-05-20
2401 SW 132nd Avesingle_family321,947$825,0002026-05-18
14642 SW 50th Tersingle_family321,526$620,0002026-05-15
13401 SW 38th Stsingle_family321,410$970,0002026-05-08
13475 SW 38th Lnsingle_family321,888$580,0002026-05-01
5215 SW 128th Avesingle_family321,364$670,0002026-04-30
4804 SW 145th Avesingle_family321,136$455,0002026-04-30
13222 SW 41st Tersingle_family321,479$550,0002026-04-28
13325 SW 32nd Stsingle_family322,088$1,225,0002026-04-23
13755 SW 24th Stsingle_family321,652$615,0002026-04-22
2905 SW 134th Avesingle_family321,840$637,0002026-04-21
4947 SW 144th Avesingle_family321,655$640,0002026-04-20
4962 SW 143rd Avesingle_family321,585$672,5002026-04-20

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
2375 SW 141st Avesingle_family322,351$685,000
2524 SW 122nd Cttownhomes331,430$474,900
2050 SW 122nd Ave Apt 21condos321,196$425,000
5416 SW 138th Avecondo_townhome_rowhome_coop31970$335,000
12055 SW 19th Ln Unit 227condos331,716$499,999
4874 SW 142nd Plsingle_family321,661$650,000
14261 SW 28th Stsingle_family331,840$725,000
4309 SW 129th Avetownhomes321,250$520,000

10-year hold projection

IRR-4.2%
Equity multiple0.29x
Total return (10yr)-$40,441
YearProperty valueNOICash flowLoan balanceEquity
1$909,490$9,766-$46,884$698,741$210,749
2$936,775$10,210-$46,494$690,556$246,219
3$964,878$10,671-$46,088$681,809$283,069
4$993,824$11,150-$45,666$672,461$321,363
5$1,023,639$11,648-$45,227$662,472$361,167
6$1,054,348$12,164-$44,771$651,796$402,552
7$1,085,979$12,700-$44,296$640,388$445,591
8$1,118,558$13,257-$43,803$628,195$490,363
9$1,152,115$13,834-$43,290$615,166$536,949
10$1,186,678$14,433-$42,757$601,242$585,436
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.