15241 SW 80th St Apt 207

Miami, FL 33193 · condos · For Sale · 70 days on market
Asking price$217,999
1 beds 1 baths 676 sqft
Suggested offer$205,697$12,302 above the est. market value of $205,697.
View on Realtor.com →
Listed by Jhon Salazar PA · Real Estate Craft, LLC.
Typecondos
Built1992
Price / sqft$322
Est. value (own analysis)$205,697
Rent estimate (own analysis)$1,900/mo
HOA$292/mo
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorWildfire2/10MinorFlood1/10minimal$
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-25
Removed date
MLSMiamiMLS #A12042946
Coordinates25.69362, -80.43983
Address15241 SW 80th St Apt 207
CityMiami
StateFL
Zip33193
Listing ID6988838754
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33193)

Typical home value (ZHVI)$445,241
Typical rent (ZORI)$2,377/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$217,999
Down payment (20.0%)$43,600
Loan amount$174,399
Closing costs (5.0%)$10,900
Total cash to close$54,500
Rent (comp-derived)$1,900$22,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$22,800
Vacancy rate (assumption) assumption8.0%

$22,800 × 8.0% = $1,824

Effective gross income$1,748$20,976
Property tax (placeholder 1.9% of price)$345$4,142
Insurance (est. scaled by flood & wind risk)$218$2,616
HOA dues$292$3,504
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$95$1,140
Total operating expenses$950$11,402
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$20,976
Total operating expenses derived$11,402

$20,976 − $11,402 = $9,574

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$174,399
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$174,399 amortized at 6.7% over 30 years = $1,121/mo

CapEx reserve (5.0% of GSR)$95$1,140
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$9,574
Annual debt service derived$13,449
Annual CapEx reserve assumption$1,140
Annual PMI assumption$0

($9,574 − $13,449 − $1,140 − $0) ÷ 12 = -$418

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$9,574
Purchase price data$217,999

$9,574 ÷ $217,999 = 4.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$5,015
Total cash to close derived$54,500

-$5,015 ÷ $54,500 = -9.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$9,574
Annual debt service derived$13,449

$9,574 ÷ $13,449 = 0.71

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$22,800
Purchase price data$217,999

($22,800 ÷ 12) ÷ $217,999 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$217,999
Gross scheduled rent (annual) comp$22,800

$217,999 ÷ $22,800 = 9.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$11,402
Effective gross income derived$20,976

$11,402 ÷ $20,976 = 54.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$11,402
Annual debt service derived$13,449
Annual PMI assumption$0
Gross scheduled rent (annual) comp$22,800

($11,402 + $13,449 + $0) ÷ $22,800 = 109.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos11583$1,7502026-08-19
apartment11635$1,9952024-11-28
condos11848$1,7502026-08-18
condos11583$1,9752026-08-15
apartment11500$1,5002026-08-11
apartment11623$1,9002024-12-11
apartment11848$1,8002026-08-07
condos11849$1,9002026-08-06
condos11849$1,9752026-07-24
condos11676$1,9002026-07-21
apartment12800$1,9002026-07-20
condos11583$1,6952026-07-15
condos11583$1,8502026-07-13
condos11848$1,7002026-07-13
condos11583$1,7002026-07-08
condos11689$1,9002026-06-24
condos11500$2,0002026-06-18
condos11796$1,8002026-06-17
condos11796$2,0002026-08-04
condos11760$1,3002026-08-04
condos11721$2,0002026-08-28
apartment11623$1,900
apartment11623$1,900
apartment11831$2,542
apartment11623$1,900
apartment11623$1,900
apartment11623$1,900
apartment11623$1,900
apartment11635$1,995
apartment11831$2,207
apartment11831$2,542

7415 SW 152nd Ave Unit 7-208

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage583
Listed2026-08-19
Days on market

Asking rent: $1,750

View on Zillow →

8485 Hammocks Blvd

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage635
Listed2024-11-28
Days on market

Asking rent: $1,995

View on Zillow →

14930 SW 82nd Ter Unit 16-506

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage848
Listed2026-08-18
Days on market

Asking rent: $1,750

View on Zillow →

7401 SW 152nd Ave Unit 105-1

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage583
Listed2026-08-15
Days on market

Asking rent: $1,975

View on Zillow →

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage500
Listed2026-08-11
Days on market

Asking rent: $1,500

View on Zillow →

15410 SW 75th Circle Ln

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage623
Listed2024-12-11
Days on market

Asking rent: $1,900

View on Zillow →

14931 SW 82nd Ln Unit 18-301

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage848
Listed2026-08-07
Days on market

Asking rent: $1,800

View on Zillow →

8255 SW 152nd Ave Unit E112

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage849
Listed2026-08-06
Days on market

Asking rent: $1,900

View on Zillow →

8305 SW 152nd Ave Unit A111

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage849
Listed2026-07-24
Days on market

Asking rent: $1,975

View on Zillow →

15201 SW 80th St Apt 207

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage676
Listed2026-07-21
Days on market

Asking rent: $1,900

View on Zillow →

15635 SW 74th Circle Dr Apt 12

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 2 ba
Square footage800
Listed2026-07-20
Days on market

Asking rent: $1,900

View on Zillow →

7429 SW 152nd Ave Unit 13-201

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage583
Listed2026-07-15
Days on market

Asking rent: $1,695

View on Zillow →

7429 SW 152nd Ave Unit 13-108

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage583
Listed2026-07-13
Days on market

Asking rent: $1,850

View on Zillow →

14931 SW 82nd Ln Unit 18-506

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage848
Listed2026-07-13
Days on market

Asking rent: $1,700

View on Zillow →

7407 SW 152nd Ave Unit 4-204

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage583
Listed2026-07-08
Days on market

Asking rent: $1,700

View on Zillow →

15560 SW 80th St Unit K205

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage689
Listed2026-06-24
Days on market

Asking rent: $1,900

View on Zillow →

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage500
Listed2026-06-18
Days on market

Asking rent: $2,000

View on Zillow →

8255 SW 152nd Ave Unit E405

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage796
Listed2026-06-17
Days on market

Asking rent: $1,800

View on Zillow →

8305 SW 152nd Ave Ph 1

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage796
Listed2026-08-04
Days on market

Asking rent: $2,000

View on Zillow →

7440 SW 153rd Ct Unit 202-4

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage760
Listed2026-08-04
Days on market

Asking rent: $1,300

View on Zillow →

8002 SW 149th Ave Apt B408

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage721
Listed2026-08-28
Days on market

Asking rent: $2,000

View on Zillow →

15410 SW 75th Circle Ln # 10-206

Fort Lauderdale, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage623
Listed
Days on market

Asking rent: $1,900

View on Zillow →

15410 SW 75th Circle Ln # 05-105

Fort Lauderdale, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage623
Listed
Days on market

Asking rent: $1,900

View on Zillow →

8485 Hammocks Blvd # 2302

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage831
Listed
Days on market

Asking rent: $2,542

View on Zillow →

15410 SW 75th Circle Ln # 03-216

Fort Lauderdale, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage623
Listed
Days on market

Asking rent: $1,900

View on Zillow →

15410 SW 75th Circle Ln # 05-208

Fort Lauderdale, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage623
Listed
Days on market

Asking rent: $1,900

View on Zillow →

15410 SW 75th Circle Ln # 05-205

Fort Lauderdale, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage623
Listed
Days on market

Asking rent: $1,900

View on Zillow →

15410 SW 75th Circle Ln # 10-101

Fort Lauderdale, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage623
Listed
Days on market

Asking rent: $1,900

View on Zillow →

8485 Hammocks Blvd # 1307

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage635
Listed
Days on market

Asking rent: $1,995

View on Zillow →

8485 Hammocks Blvd # 6305

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage831
Listed
Days on market

Asking rent: $2,207

View on Zillow →

8485 Hammocks Blvd # 2205

Miami, 33193 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage831
Listed
Days on market

Asking rent: $2,542

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
8000 SW 149th Ave Apt A107condos11511$200,0002026-07-28
14921 SW 82nd Ter Unit 3-201condos12888$215,0002026-05-18
15500 SW 80th St Unit A105condos11689$220,0002026-05-15
14901 SW 80th St Apt 211condos11700$213,0002026-02-19
15650 SW 80th St Unit F201condos11689$205,0002025-10-11

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
8255 SW 152nd Ave Unit E403condos11$190,000
8205 SW 152nd Ave Unit F105condos11849$199,000
8305 SW 152nd Ave Unit A404condos11796$198,000
15650 SW 80th St Unit F208condos11689$221,000
15201 SW 80th St Apt 207condos11676$239,000
8205 SW 152nd Ave Unit F212condos11796$180,000
8215 SW 152nd Ave Unit G205condos11796$180,000

10-year hold projection

IRR4.3%
Equity multiple1.70x
Total return (10yr)$66,401
YearProperty valueNOICash flowLoan balanceEquity
1$224,539$9,574-$5,015$172,508$52,031
2$231,275$9,918-$4,699$170,488$60,788
3$238,213$10,274-$4,372$168,328$69,885
4$245,360$10,642-$4,034$166,020$79,340
5$252,721$11,023-$3,684$163,554$89,167
6$260,302$11,417-$3,322$160,918$99,384
7$268,111$11,824-$2,947$158,101$110,010
8$276,155$12,244-$2,560$155,091$121,063
9$284,439$12,680-$2,158$151,875$132,565
10$292,972$13,129-$1,743$148,437$144,536
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.