21441 NE 3rd Pl

Miami, FL 33179 · townhomes · For Sale · 240 days on market
Asking price$455,000
3 beds 3 baths 1,485 sqft
Suggested offer$423,378$31,622 above the est. market value of $423,378.
View on Realtor.com →
Listed by Pauline Torres · Equitable Company Realtors
Typetownhomes
Built2020
Price / sqft$306
Est. value (own analysis)$423,378
Rent estimate (own analysis)$3,150/mo
HOA$401/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-01-05
Removed date
MLSMiamiMLS #A11938807
Coordinates25.97277, -80.19537
Address21441 NE 3rd Pl
CityMiami
StateFL
Zip33179
Listing ID9307360599
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33179)

Typical home value (ZHVI)$274,207
Typical rent (ZORI)$2,257/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$455,000
Down payment (20.0%)$91,000
Loan amount$364,000
Closing costs (5.0%)$22,750
Total cash to close$113,750
Rent (comp-derived)$3,150$37,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$37,800
Vacancy rate (assumption) assumption8.0%

$37,800 × 8.0% = $3,024

Effective gross income$2,898$34,776
Property tax (placeholder 1.9% of price)$720$8,645
Insurance (placeholder 0.8% of price)$303$3,640
HOA dues$401$4,812
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$158$1,890
Total operating expenses$1,582$18,987
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$34,776
Total operating expenses derived$18,987

$34,776 − $18,987 = $15,789

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$364,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$364,000 amortized at 6.7% over 30 years = $2,339/mo

CapEx reserve (5.0% of GSR)$158$1,890
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$15,789
Annual debt service derived$28,070
Annual CapEx reserve assumption$1,890
Annual PMI assumption$0

($15,789 − $28,070 − $1,890 − $0) ÷ 12 = -$1,181

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$15,789
Purchase price data$455,000

$15,789 ÷ $455,000 = 3.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$14,171
Total cash to close derived$113,750

-$14,171 ÷ $113,750 = -12.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$15,789
Annual debt service derived$28,070

$15,789 ÷ $28,070 = 0.56

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$37,800
Purchase price data$455,000

($37,800 ÷ 12) ÷ $455,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$455,000
Gross scheduled rent (annual) comp$37,800

$455,000 ÷ $37,800 = 12.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$18,987
Effective gross income derived$34,776

$18,987 ÷ $34,776 = 54.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$18,987
Annual debt service derived$28,070
Annual PMI assumption$0
Gross scheduled rent (annual) comp$37,800

($18,987 + $28,070 + $0) ÷ $37,800 = 124.5%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes331,320$3,2502026-08-20
townhomes331,478$3,0002026-08-19
townhomes331,662$3,2002026-08-19
townhomes331,320$3,0502026-08-17
townhomes331,170$2,5002026-08-14
townhomes331,485$3,5002026-08-07
townhomes321,968$4,9502026-08-05
townhomes321,070$2,4002026-07-25
townhomes331,403$2,9502026-07-14
townhomes331,360$2,8002026-07-08
townhomes331,485$3,0002026-07-01
townhomes331,378$3,3002026-06-29
townhomes331,485$3,1002026-06-25
townhomes331,466$3,0502026-06-24
townhomes341,662$3,2502026-06-23
townhomes331,485$3,2502026-06-16
townhomes331,469$2,8992026-05-23
townhomes331,485$3,0002026-05-11
townhomes331,812$3,2002026-05-08
townhomes331,478$3,3002026-04-29
townhomes331,320$3,0002026-08-03
townhomes331,662$3,0002026-07-30
townhomes331,320$2,8502026-07-28
townhomes331,777$3,3002026-03-19
townhomes331,798$3,8002026-04-22
townhomes321,220$2,9002026-03-12
townhomes331,320$3,3502026-03-11
townhomes331,403$3,3002026-08-31
townhomes331,378$3,4002026-09-02
townhomes331,671$3,5502026-09-02

21463 NE 3rd Path

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,320
Listed2026-08-20
Days on market

Asking rent: $3,250

View on Zillow →

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,478
Listed2026-08-19
Days on market

Asking rent: $3,000

View on Zillow →

20800 NE 5th Ct

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,662
Listed2026-08-19
Days on market

Asking rent: $3,200

View on Zillow →

346 NE 208th Ter

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,320
Listed2026-08-17
Days on market

Asking rent: $3,050

View on Zillow →

21250 NE 8th Pl Apt 1

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,170
Listed2026-08-14
Days on market

Asking rent: $2,500

View on Zillow →

21444 NE 2nd Path

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,485
Listed2026-08-07
Days on market

Asking rent: $3,500

View on Zillow →

616 NE 195th St

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,968
Listed2026-08-05
Days on market

Asking rent: $4,950

View on Zillow →

21210 NE 9th Pl Apt 4

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,070
Listed2026-07-25
Days on market

Asking rent: $2,400

View on Zillow →

825 NE 211th St Unit 825

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,403
Listed2026-07-14
Days on market

Asking rent: $2,950

View on Zillow →

20822 San Simeon Way Apt 111

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,360
Listed2026-07-08
Days on market

Asking rent: $2,800

View on Zillow →

21447 NE 2nd Pl

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,485
Listed2026-07-01
Days on market

Asking rent: $3,000

View on Zillow →

20610 NE 5th Pl

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,378
Listed2026-06-29
Days on market

Asking rent: $3,300

View on Zillow →

307 NE 208th Ter

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,485
Listed2026-06-25
Days on market

Asking rent: $3,100

View on Zillow →

1120 NE 209th Ter

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,466
Listed2026-06-24
Days on market

Asking rent: $3,050

View on Zillow →

21018 NE 8th Ave Unit 21018

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage1,662
Listed2026-06-23
Days on market

Asking rent: $3,250

View on Zillow →

21423 NE 2nd Pl

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,485
Listed2026-06-16
Days on market

Asking rent: $3,250

View on Zillow →

1126 NE 209th Ter

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,469
Listed2026-05-23
Days on market

Asking rent: $2,899

View on Zillow →

21443 NE 2nd Path Unit 21443

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,485
Listed2026-05-11
Days on market

Asking rent: $3,000

View on Zillow →

1036 NE 208th St Unit 1036

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,812
Listed2026-05-08
Days on market

Asking rent: $3,200

View on Zillow →

20761 NE 2nd Ct

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,478
Listed2026-04-29
Days on market

Asking rent: $3,300

View on Zillow →

768 NE 206th Ter Unit 768

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,320
Listed2026-08-03
Days on market

Asking rent: $3,000

View on Zillow →

1015 NE 208th St

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,662
Listed2026-07-30
Days on market

Asking rent: $3,000

View on Zillow →

575 NE 208th Ter Unit 575

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,320
Listed2026-07-28
Days on market

Asking rent: $2,850

View on Zillow →

470 NE 194th Ter Unit 470

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,777
Listed2026-03-19
Days on market

Asking rent: $3,300

View on Zillow →

345 NE 194th Ln

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,798
Listed2026-04-22
Days on market

Asking rent: $3,800

View on Zillow →

21300 San Simeon Way Apt P6

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,220
Listed2026-03-12
Days on market

Asking rent: $2,900

View on Zillow →

851 NE 211th St

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,320
Listed2026-03-11
Days on market

Asking rent: $3,350

View on Zillow →

957 NE 211th St

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,403
Listed2026-08-31
Days on market

Asking rent: $3,300

View on Zillow →

20578 NE 2nd Ct

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,378
Listed2026-09-02
Days on market

Asking rent: $3,400

View on Zillow →

429 NE 194th Ter Unit 429

Miami, 33179 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,671
Listed2026-09-02
Days on market

Asking rent: $3,550

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
544 NE 206th Lntownhomes331,478$515,0002026-08-31
20666 NE 2nd Cttownhomes331,478$600,0002026-08-28
20866 NE 7th Pltownhomes331,704$524,9002026-08-28
1024 NE 208th Sttownhomes331,743$420,0002026-08-24
323 Ives Dairy Rd Unit 323-06townhomes321,550$240,0002026-08-21
325 NE 208th Tertownhomes331,403$400,0002026-08-11
1020 NE 210th Tertownhomes321,469$285,0002026-08-07
1007 NE 208th St Unit 1007townhomes331,743$450,0002026-08-05
20572 NE 5th Pltownhomes331,378$465,0002026-07-13
21419 NE 2nd Pathtownhomes331,485$432,5002026-07-10
1048 NE 208th Sttownhomes331,812$440,0002026-06-29
20673 NE 10th Pathtownhomes331,743$451,0002026-06-18
1027 NE 207th St Unit 1027townhomes331,743$440,0002026-06-03
20603 NE 6th Cttownhomes332,120$489,0002026-05-15
21357 NE 2nd Cttownhomes331,478$475,0002026-05-06
328 NE 208th Tertownhomes331,320$449,0002026-05-01
20651 NE 7th Pltownhomes331,344$460,0002026-04-22

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
929 NE 211th Stcondos331,320$475,000
21015 NE 19th Ctsingle_family321,631$1,294,000
243 NE 212th Tersingle_family331,854$489,500
1047 NE 208th Sttownhomes331,743$450,000
20310 NE 3rd Ct Apt 2condos321,185$259,999
253 NE 211th Tersingle_family331,449$399,900
20800 NE 8th Ct Unit 206-17condos321,125$285,000
1133 NE 210th Tertownhomes331,469$430,000

10-year hold projection

IRR1.9%
Equity multiple1.31x
Total return (10yr)$94,744
YearProperty valueNOICash flowLoan balanceEquity
1$468,650$15,789-$14,171$360,053$108,597
2$482,710$16,358-$13,650$355,836$126,874
3$497,191$16,946-$13,110$351,329$145,862
4$512,107$17,554-$12,551$346,512$165,594
5$527,470$18,183-$11,974$341,365$186,105
6$543,294$18,833-$11,375$335,864$207,430
7$559,593$19,505-$10,756$329,985$229,608
8$576,380$20,201-$10,116$323,703$252,678
9$593,672$20,919-$9,453$316,989$276,683
10$611,482$21,663-$8,768$309,814$301,668
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.