20455 SW 154th Ave
Miami, FL 33187 · single_family · For Sale · 125 days on market
Asking price$3,890,000
6 beds 5 baths 5,007 sqft
Suggested offer$1,577,389$2,312,611 above the est. market value of $1,577,389.
View on Realtor.com →Listed by Grace Izquierdo · Keller Williams Capital Realty
Typesingle_family
Built2009
Price / sqft$777
Est. value (own analysis)$1,577,389
Rent estimate (own analysis)$8,000/mo
HOANone
1 / 46
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Statusfor_sale
Listed date2026-04-30
Removed date—
MLSMiamiMLS #A12010431
Coordinates25.57629, -80.44080
Address20455 SW 154th Ave
CityMiami
StateFL
Zip33187
Listing ID6981764123
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33187)
Typical home value (ZHVI)$720,811
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 | $3,890,000 |
| Down payment (20.0%) | $778,000 |
| Loan amount | $3,112,000 |
| Closing costs (5.0%) | $194,500 |
| Total cash to close | $972,500 |
| Income | |
| Rent (comp-derived) | $8,000$96,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,360$88,320 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $6,159$73,910 |
| Insurance (placeholder 0.8% of price) | $2,593$31,120 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $400$4,800 |
| Total operating expenses | $9,153$109,830 |
| 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) | $400$4,800 |
| 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 | 4 | 6,112 | $30,000 | — | — | |
| single_family | 6 | 3 | 2,716 | $2,000 | 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 |
|---|---|---|---|---|---|---|
| 17340 SW 154th Pl | single_family | 6 | 4 | 2,587 | $815,000 | 2026-08-31 |
| 17901 SW 152nd Ave | single_family | 6 | 4 | 3,002 | $820,000 | 2026-08-28 |
| 18451 SW 158th St | single_family | 6 | 9 | 11,520 | $6,100,000 | 2026-05-26 |
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 |
|---|---|---|---|---|---|---|
| 17901 SW 152nd Ave | single_family | 6 | 4 | 3,002 | $850,000 | — |
| 15105 SW 180th St | single_family | 6 | 3 | 2,901 | $769,000 | — |
| 16800 SW 190th St | single_family | 6 | 4 | 3,384 | $2,199,500 | — |
| 17340 SW 154th Pl | single_family | 6 | 4 | 2,587 | $820,000 | — |
10-year hold projection
IRR-8.4%
Equity multiple-0.42x
Total return (10yr)-$870,480
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $4,006,700 | -$21,510 | -$266,293 | $3,078,259 | $928,441 |
| 2 | $4,126,901 | -$21,606 | -$266,509 | $3,042,201 | $1,084,700 |
| 3 | $4,250,708 | -$21,691 | -$266,717 | $3,003,667 | $1,247,041 |
| 4 | $4,378,229 | -$21,765 | -$266,917 | $2,962,487 | $1,415,743 |
| 5 | $4,509,576 | -$21,827 | -$267,108 | $2,918,478 | $1,591,098 |
| 6 | $4,644,863 | -$21,875 | -$267,289 | $2,871,448 | $1,773,416 |
| 7 | $4,784,209 | -$21,910 | -$267,460 | $2,821,188 | $1,963,021 |
| 8 | $4,927,736 | -$21,931 | -$267,619 | $2,767,477 | $2,160,259 |
| 9 | $5,075,568 | -$21,936 | -$267,767 | $2,710,077 | $2,365,491 |
| 10 | $5,227,835 | -$21,925 | -$267,902 | $2,648,735 | $2,579,099 |
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.