13280 SW 88th Ln Unit 203B
Miami, FL 33186 · condos · For Sale · 27 days on market
Asking price$329,999
3 beds 2 baths 1,216 sqft
Listed by Gabriela Burke · Empire State Realty LLC
Typecondos
Built1983
Price / sqft$271
Est. value (own analysis)$358,889
Rent estimate (own analysis)$2,960/mo
HOA$569/mo
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Statusfor_sale
Listed date2026-08-07
Removed date—
MLSMiamiMLS #A12065380
Coordinates25.68395, -80.40712
Address13280 SW 88th Ln Unit 203B
CityMiami
StateFL
Zip33186
Listing ID6957541261
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33186)
Typical home value (ZHVI)$523,583
Typical rent (ZORI)$2,574/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 | $329,999 |
| Down payment (20.0%) | $66,000 |
| Loan amount | $263,999 |
| Closing costs (5.0%) | $16,500 |
| Total cash to close | $82,500 |
| Income | |
| Rent (comp-derived) | $2,960$35,520 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,723$32,678 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $523$6,270 |
| Insurance (placeholder 0.8% of price) | $220$2,640 |
| HOA dues | $569$6,828 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $148$1,776 |
| Total operating expenses | $1,460$17,514 |
| 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) | $148$1,776 |
| 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 | 3 | 2 | 1,108 | $2,600 | 2026-08-19 | — | |
| condos | 3 | 2 | 1,276 | $2,900 | 2026-08-19 | — | |
| condos | 3 | 2 | 1,233 | $2,750 | 2026-08-17 | — | |
| condos | 3 | 2 | 1,150 | $2,700 | 2026-08-07 | — | |
| condos | 3 | 2 | 1,150 | $2,600 | 2026-07-07 | — | |
| condos | 3 | 2 | 1,253 | $2,800 | 2026-06-10 | — | |
| condos | 3 | 2 | 1,340 | $2,850 | 2026-06-08 | — | |
| condos | 3 | 2 | 1,322 | $2,700 | 2026-06-01 | — | |
| condos | 3 | 2 | 1,150 | $2,800 | 2026-08-03 | — | |
| apartment | 3 | 2 | 1,150 | $2,500 | 2026-07-30 | — | |
| condos | 3 | 2 | 1,240 | $2,650 | 2026-07-29 | — | |
| apartment | 3 | 2 | 1,247 | $3,000 | — | — | |
| apartment | 3 | 2 | 1,247 | $3,000 | — | — | |
| apartment | 3 | 2 | 1,247 | $3,100 | — | — | |
| apartment | 3 | 3 | 1,290 | $2,905 | — | — | |
| apartment | 3 | 2 | 1,385 | $3,694 | — | — | |
| apartment | 3 | 2 | 1,247 | $3,100 | — | — | |
| apartment | 3 | 2 | 1,353 | $3,334 | — | — | |
| apartment | 3 | 3 | 1,290 | $2,960 | — | — | |
| apartment | 3 | 2 | 1,247 | $3,000 | — | — | |
| apartment | 3 | 2 | 1,358 | $3,334 | — | — | |
| apartment | 3 | 2 | 1,385 | $3,709 | — | — | |
| apartment | 3 | 2 | 1,385 | $3,719 | — | — | |
| apartment | 3 | 2 | 1,385 | $3,788 | — | — | |
| apartment | 3 | 2 | 1,385 | $3,793 | — | — |
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 |
|---|---|---|---|---|---|---|
| 9622 SW 146th Ave | condo_townhome_rowhome_coop | 3 | 2 | 1,154 | $501,000 | 2026-08-14 |
| 14111 SW 121st Pl Unit 4 | condos | 3 | 3 | 1,150 | $375,000 | 2026-07-23 |
| 13280 SW 88th Ln Unit 103B | condos | 3 | 2 | 1,216 | $315,000 | 2026-07-15 |
| 8831 SW 130th Pl Unit 106 | condos | 3 | 2 | 1,233 | $281,000 | 2026-05-28 |
| 8810 SW 123rd Ct Unit M202 | condos | 3 | 2 | 1,240 | $335,000 | 2026-05-27 |
| 8850 SW 123rd Ct Apt H201 | condos | 3 | 2 | 1,240 | $342,000 | 2026-05-26 |
| 14611 N Kendall Dr Unit 309L | condos | 3 | 2 | 1,209 | $250,000 | 2026-05-22 |
| 8860 SW 123rd Ct Unit K201 | condos | 3 | 2 | 1,240 | $352,596 | 2026-05-20 |
| 13250 SW 88th Ter Apt 101 | condos | 3 | 2 | 1,152 | $340,000 | 2026-05-08 |
| 8810 SW 132nd Pl Unit 404DN | condos | 3 | 2 | 1,152 | $340,000 | 2026-04-17 |
| 11332 SW 133rd Ct Unit 56-3 | condos | 3 | 3 | 1,340 | $397,000 | 2026-04-14 |
| 12930 SW 88th Ter Unit A104 | condos | 3 | 2 | 1,102 | $310,000 | 2026-04-08 |
| 12055 SW 140th Ter Unit 7-20 | condos | 3 | 3 | 1,150 | $340,000 | 2026-03-25 |
| 12215 SW 119th Ter | condo_townhome_rowhome_coop | 3 | 2 | 1,225 | $470,000 | 2026-03-19 |
| 13231 SW 114th Ter | condo_townhome_rowhome_coop | 3 | 2 | 1,320 | $430,000 | 2026-02-25 |
| 14525 N Kendall Dr Unit 209J | condos | 3 | 2 | 1,209 | $240,000 | 2026-01-12 |
| 12255 SW 117th Ter | condo_townhome_rowhome_coop | 3 | 2 | 1,225 | $480,000 | 2026-01-07 |
| 11035 SW 132nd Ct Unit 13-3 | condos | 3 | 3 | 1,340 | $395,000 | 2025-12-24 |
| 11339 SW 132nd Pl Unit 75-3 | condos | 3 | 3 | 1,340 | $425,000 | 2025-12-23 |
| 9285 SW 125th Ave Apt 103 | condos | 3 | 2 | 1,150 | $295,000 | 2025-12-01 |
| 11112 SW 122nd Ct | condo_townhome_rowhome_coop | 3 | 2 | 1,104 | $490,000 | 2025-11-14 |
| 8850 SW 123rd Ct Apt H302 | condos | 3 | 2 | 1,240 | $335,000 | 2025-10-15 |
| 9040 SW 125th Ave Unit D202 | condos | 3 | 2 | 1,240 | $305,000 | 2025-10-03 |
| 12365 SW 119th Ter | condo_townhome_rowhome_coop | 3 | 2 | 1,225 | $468,000 | 2025-09-26 |
| 8810 SW 132nd Pl Unit 101DN | condos | 3 | 2 | 1,152 | $385,000 | 2025-09-19 |
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 |
|---|---|---|---|---|---|---|
| 14512 SW 139th Avenue Cir W | single_family | 3 | 2 | 1,796 | $559,900 | — |
| 12354 SW 124th Path | townhomes | 3 | 3 | 1,452 | $520,000 | — |
| 10315 SW 129th Ct | single_family | 3 | 3 | 2,017 | $875,000 | — |
| 10240 SW 137th Ct | townhomes | 3 | 2 | 1,097 | $498,000 | — |
| 12244 SW 123rd Pl | townhomes | 3 | 3 | 1,968 | $580,000 | — |
| 14255 SW 96th Ter | townhomes | 3 | 3 | 1,834 | $599,000 | — |
| 12916 SW 150th Ter | single_family | 3 | 2 | 1,293 | $595,000 | — |
| 13045 SW 88th Ln Unit 104A | condos | 3 | 2 | 1,233 | $320,000 | — |
10-year hold projection
IRR4.9%
Equity multiple1.78x
Total return (10yr)$107,717
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $339,899 | $15,164 | -$6,970 | $261,137 | $78,762 |
| 2 | $350,096 | $15,707 | -$6,472 | $258,078 | $92,018 |
| 3 | $360,599 | $16,268 | -$5,956 | $254,809 | $105,790 |
| 4 | $371,417 | $16,848 | -$5,423 | $251,316 | $120,101 |
| 5 | $382,559 | $17,448 | -$4,871 | $247,582 | $134,977 |
| 6 | $394,036 | $18,068 | -$4,300 | $243,592 | $150,444 |
| 7 | $405,857 | $18,709 | -$3,709 | $239,329 | $166,528 |
| 8 | $418,033 | $19,372 | -$3,098 | $234,772 | $183,261 |
| 9 | $430,574 | $20,057 | -$2,465 | $229,903 | $200,671 |
| 10 | $443,491 | $20,765 | -$1,811 | $224,699 | $218,792 |
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.