2711 SW 117th Ct
Miami, FL 33175 · single_family · For Sale · 38 days on market
Asking price$999,900
5 beds 4 baths 2,047 sqft
Suggested offer$795,894$204,006 above the est. market value of $795,894.
View on Realtor.com →Listed by John Vergara · Real Estate Sales Force
Typesingle_family
Built1968
Price / sqft$488
Est. value (own analysis)$795,894
Rent estimate (own analysis)$8,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
1 / 43
Show every detail
Statusfor_sale
Listed date2026-07-27
Removed date—
MLSMiamiMLS #A12059764
Coordinates25.74319, -80.38524
Address2711 SW 117th Ct
CityMiami
StateFL
Zip33175
Listing ID6989413640
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $999,900 |
| Down payment (20.0%) | $199,980 |
| Loan amount | $799,920 |
| Closing costs (5.0%) | $49,995 |
| Total cash to close | $249,975 |
| Income | |
| Rent (comp-derived) | $8,500$102,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,820$93,840 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,583$18,998 |
| Insurance (est. scaled by flood & wind risk) | $1,067$12,799 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $425$5,100 |
| Total operating expenses | $3,075$36,897 |
| 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) | $425$5,100 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 3 | 3,727 | $8,500 | 2026-05-13 | — | |
| single_family | 5 | 5 | 4,205 | $8,500 | 2025-08-26 | — | |
| single_family | 5 | 5 | — | $8,500 | — | — | |
| single_family | 5 | 5 | 4,205 | $8,500 | 2025-11-27 | — | |
| single_family | 5 | 3 | 2,446 | $7,000 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 13676 SW 33rd Ter | single_family | 5 | 4 | 3,529 | $1,375,000 | 2026-08-06 |
| 3112 Village Green Dr | single_family | 5 | 4 | 3,299 | $1,280,000 | 2026-07-30 |
| 1942 SW 145th Ave | single_family | 5 | 4 | 3,194 | $1,275,000 | 2026-06-26 |
| 1992 SW 139th Ct | single_family | 5 | 3 | 2,609 | $810,000 | 2026-04-24 |
| 14486 SW 17th St | single_family | 5 | 4 | 3,487 | $1,280,000 | 2026-04-15 |
| 3800 SW 128th Ave | single_family | 5 | 5 | 7,631 | $2,860,000 | 2026-03-27 |
| 2402 SW 128th Ave | single_family | 5 | 2 | 1,575 | $365,000 | 2026-03-26 |
| 13520 SW 36th St | single_family | 5 | 5 | 3,973 | $2,370,000 | 2026-03-19 |
| 2720 SW 130th Ave | single_family | 5 | 4 | 6,567 | $2,800,000 | 2026-03-16 |
| 13740 SW 18th St | single_family | 5 | 3 | 2,960 | $1,307,500 | 2026-03-16 |
| 3950 SW 130th Ave | single_family | 5 | 4 | 4,673 | $1,050,000 | 2026-02-24 |
| 12011 SW 37th Ter | single_family | 5 | 5 | 2,314 | $670,000 | 2026-02-18 |
| 14492 SW 22nd Ter | single_family | 5 | 4 | 3,210 | $950,000 | 2026-01-27 |
| 12982 SW 27th St | single_family | 5 | 5 | 3,194 | $1,300,000 | 2026-01-27 |
| 3455 SW 130th Ave | single_family | 5 | 5 | 5,194 | $2,675,000 | 2026-01-09 |
| 3850 SW 130th Ave | single_family | 5 | 4 | 4,609 | $2,300,000 | 2025-12-30 |
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 |
|---|---|---|---|---|---|---|
| 3045 SW 124th Ct | single_family | 5 | 2 | 2,155 | $873,000 | — |
| 14671 SW 20th St | single_family | 5 | 5 | 2,925 | $1,350,000 | — |
| 11901 SW 45th St | single_family | 5 | 6 | 5,718 | $3,950,000 | — |
| 13710 SW 18th Ter | single_family | 5 | 5 | 2,024 | $869,000 | — |
| 13600 SW 36th St | single_family | 5 | 7 | 5,000 | $3,500,000 | — |
| 13331 SW 41st St | single_family | 5 | 4 | 3,342 | $1,549,900 | — |
| 12465 SW 33rd St | single_family | 5 | 3 | 2,346 | $750,000 | — |
| 3711 SW 122nd Ave | single_family | 5 | 3 | 3,153 | $1,800,000 | — |
10-year hold projection
IRR8.1%
Equity multiple2.28x
Total return (10yr)$451,365
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,029,897 | $56,943 | -$9,843 | $791,247 | $238,650 |
| 2 | $1,060,794 | $58,836 | -$8,078 | $781,979 | $278,815 |
| 3 | $1,092,618 | $60,790 | -$6,254 | $772,074 | $320,544 |
| 4 | $1,125,396 | $62,808 | -$4,370 | $761,489 | $363,908 |
| 5 | $1,159,158 | $64,891 | -$2,425 | $750,177 | $408,982 |
| 6 | $1,193,933 | $67,041 | -$415 | $738,088 | $455,845 |
| 7 | $1,229,751 | $69,261 | $1,660 | $725,169 | $504,582 |
| 8 | $1,266,643 | $71,553 | $3,804 | $711,363 | $555,281 |
| 9 | $1,304,643 | $73,919 | $6,019 | $696,608 | $608,034 |
| 10 | $1,343,782 | $76,361 | $8,306 | $680,841 | $662,941 |
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.