13405 SW 199th Ave
Miami, FL 33196 · single_family · For Sale · 27 days on market
Asking price$2,175,000
6 beds 4 baths 1,668 sqft
Suggested offer$577,562$1,597,438 above the est. market value of $577,562.
View on Realtor.com →Listed by Maria Salinas · Coldwell Banker Realty
Typesingle_family
Built2000
Price / sqft$1304
Est. value (own analysis)$577,562
Rent estimate (Zillow ZIP avg)$2,615/mo
HOANone
Wind10/10Extreme$Heat9/10ExtremeWildfire7/10SevereFlood5/10major$Air2/10Minor
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Statusfor_sale
Listed date2026-08-06
Removed date—
MLSMiamiMLS #A12064422
Coordinates25.63905, -80.51512
Address13405 SW 199th Ave
CityMiami
StateFL
Zip33196
Listing ID6955118974
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33196)
Typical home value (ZHVI)$568,371
Typical rent (ZORI)$2,615/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 | $2,175,000 |
| Down payment (20.0%) | $435,000 |
| Loan amount | $1,740,000 |
| Closing costs (5.0%) | $108,750 |
| Total cash to close | $543,750 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,615$31,379 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,406$28,869 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $3,444$41,325 |
| Insurance (est. scaled by flood & wind risk) | $2,538$30,450 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $131$1,569 |
| Total operating expenses | $6,112$73,344 |
| 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) | $131$1,569 |
| 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 | 3 | 2,417 | $8,000 | 2026-08-05 | — | |
| single_family | 6 | 3 | 2,716 | $2,000 | 2026-08-26 | — |
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 |
|---|---|---|---|---|---|---|
| 14127 SW 161st Pl | single_family | 3 | 2 | 1,488 | $700,000 | 2026-08-26 |
| 9837 SW 159th Ct | single_family | 3 | 2 | 1,672 | $675,000 | 2026-08-24 |
| 16065 SW 136th Ter | single_family | 4 | 3 | 2,597 | $775,000 | 2026-08-21 |
| 14952 SW 149th St | single_family | 3 | 2 | 2,342 | $770,000 | 2026-08-14 |
| 11038 SW 148th Pl | single_family | 3 | 2 | 1,737 | $615,000 | 2026-08-14 |
| 16478 SW 99th St | single_family | 3 | 2 | 1,520 | $575,000 | 2026-08-13 |
| 16278 SW 97th Ter | single_family | 3 | 3 | 1,499 | $550,000 | 2026-08-13 |
| 14826 SW 110th Ter | single_family | 4 | 3 | 2,136 | $725,000 | 2026-08-12 |
| 14172 SW 148th Pl | single_family | 4 | 3 | 1,653 | $725,000 | 2026-08-07 |
| 9166 SW 168th Ct | single_family | 5 | 4 | 1,718 | $630,000 | 2026-08-06 |
| 15976 SW 136th Ter | single_family | 5 | 4 | 3,045 | $940,000 | 2026-08-06 |
| 14421 SW 155th Pl | single_family | 3 | 2 | 1,468 | $606,000 | 2026-07-31 |
| 15139 SW 92nd Ter | single_family | 3 | 3 | 1,593 | $639,000 | 2026-07-31 |
| 10500 SW 159th Ct | single_family | 4 | 2 | 2,324 | $725,000 | 2026-07-30 |
| 9641 SW 148th Pl | single_family | 3 | 2 | 1,480 | $610,000 | 2026-07-27 |
| 16058 SW 136th Way | single_family | 4 | 3 | 2,597 | $825,000 | 2026-07-24 |
| 14762 SW 143rd Ter | single_family | 4 | 3 | 2,720 | $700,000 | 2026-07-24 |
| 14824 SW 112th St | single_family | 4 | 2 | 2,201 | $785,000 | 2026-07-22 |
| 15330 SW 144th Ter | single_family | 4 | 2 | 2,531 | $850,000 | 2026-07-22 |
| 14455 SW 158th Path | single_family | 3 | 2 | 2,076 | $700,000 | 2026-07-17 |
| 10213 SW 156th Ave | single_family | 3 | 3 | 1,777 | $655,000 | 2026-07-17 |
| 15804 SW 112th Ter | single_family | 4 | 3 | 2,124 | $414,000 | 2026-07-17 |
| 9435 SW 156th Pl | single_family | 4 | 2 | 2,072 | $680,000 | 2026-07-16 |
| 15596 SW 110th Ter | single_family | 4 | 3 | 2,155 | $760,000 | 2026-07-15 |
| 9586 SW 155th Ave | single_family | 4 | 4 | 2,036 | $847,000 | 2026-07-13 |
| 14918 SW 93rd St | single_family | 4 | 3 | 1,784 | $645,000 | 2026-07-13 |
| 15842 SW 105th St | single_family | 3 | 2 | 1,810 | $765,000 | 2026-07-10 |
| 14789 SW 142nd St | single_family | 4 | 2 | 2,193 | $695,000 | 2026-07-09 |
| 10138 SW 161st Ave | single_family | 4 | 3 | 1,908 | $740,000 | 2026-07-07 |
| 15174 SW 111th St | single_family | 4 | 3 | 2,268 | $747,000 | 2026-07-07 |
| 15901 SW 136th Way | single_family | 4 | 3 | 1,977 | $665,000 | 2026-07-07 |
| 15351 SW 146th St | single_family | 4 | 3 | 2,795 | $875,000 | 2026-07-06 |
| 15020 SW 96th Ter | single_family | 3 | 3 | 1,712 | $540,000 | 2026-07-02 |
| 15465 SW 114th St | single_family | 4 | 3 | — | $950,000 | 2026-07-01 |
| 9066 SW 147th Ct | single_family | 3 | 3 | 1,449 | $500,000 | 2026-07-01 |
| 9631 SW 148th Pl | single_family | 3 | 2 | 1,492 | $577,000 | 2026-07-01 |
| 16225 SW 99th Ter | single_family | 3 | 3 | 1,699 | $564,900 | 2026-06-30 |
| 15500 SW 99th Ln | single_family | 4 | 3 | 2,628 | $750,000 | 2026-06-30 |
| 14461 SW 152nd Ct | single_family | 4 | 3 | 2,153 | $720,000 | 2026-06-30 |
| 11018 SW 147th Pl | single_family | 3 | 3 | 1,863 | $720,000 | 2026-06-30 |
| 15374 SW 141st Ter | single_family | 4 | 2 | 2,458 | $650,000 | 2026-06-29 |
| 15965 SW 98th St | single_family | 4 | 3 | 2,312 | $852,500 | 2026-06-26 |
| 11504 SW 152nd Ct | single_family | 4 | 3 | 2,549 | $776,250 | 2026-06-26 |
| 14170 SW 152nd Pl | single_family | 4 | 3 | 2,166 | $750,000 | 2026-06-26 |
| 9329 SW 151st Ave | single_family | 4 | 2 | 2,060 | $650,000 | 2026-06-25 |
| 5975608196 | single_family | 3 | 3 | 1,672 | $655,000 | 2026-06-24 |
| 9140 SW 148th Ct | single_family | 3 | 3 | 1,449 | $505,000 | 2026-06-22 |
| 9108 SW 165th Pl | single_family | 4 | 2 | 2,005 | $632,000 | 2026-06-17 |
| 11361 SW 160th Ct | single_family | 3 | 2 | 1,464 | $560,000 | 2026-06-16 |
| 14231 SW 161st Pl | single_family | 4 | 2 | 1,768 | $715,000 | 2026-06-15 |
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 |
|---|---|---|---|---|---|---|
| 14949 SW 184th Ave | single_family | 6 | 7 | 9,264 | $5,500,000 | — |
| 16075 SW 149th Ter | single_family | 6 | 5 | 3,075 | $995,000 | — |
| 14724 SW 107th Ter | single_family | 6 | 3 | 1,923 | $640,000 | — |
| 18019 SW 100th St | single_family | 6 | 8 | — | $10,000,000 | — |
| 14930 SW 145th St | single_family | 6 | 3 | 2,959 | $1,046,000 | — |
10-year hold projection
IRR-12.1%
Equity multiple-1.07x
Total return (10yr)-$843,093
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $2,240,250 | -$44,475 | -$180,225 | $1,721,135 | $519,115 |
| 2 | $2,307,458 | -$45,443 | -$181,231 | $1,700,974 | $606,484 |
| 3 | $2,376,681 | -$46,430 | -$182,259 | $1,679,428 | $697,253 |
| 4 | $2,447,982 | -$47,438 | -$183,308 | $1,656,403 | $791,579 |
| 5 | $2,521,421 | -$48,466 | -$184,378 | $1,631,797 | $889,624 |
| 6 | $2,597,064 | -$49,515 | -$185,471 | $1,605,501 | $991,563 |
| 7 | $2,674,976 | -$50,586 | -$186,586 | $1,577,399 | $1,097,576 |
| 8 | $2,755,225 | -$51,678 | -$187,723 | $1,547,368 | $1,207,857 |
| 9 | $2,837,882 | -$52,792 | -$188,884 | $1,515,274 | $1,322,608 |
| 10 | $2,923,018 | -$53,929 | -$190,069 | $1,480,976 | $1,442,042 |
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.