1761 SW 14th St

Miami, FL 33145 · single_family · For Sale · 176 days on market
Asking price$1,600,000
10 beds 9 baths 3,050 sqft
View on Realtor.com →
Listed by Dora Puig · Luxe Living Realty
Typesingle_family
Built1952
Price / sqft$525
Est. value (own analysis)$1,745,351
Rent estimate (Zillow ZIP avg)$3,018/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-03-10
Removed date
MLSMiamiMLS #A11977692
Coordinates25.76028, -80.22351
Address1761 SW 14th St
CityMiami
StateFL
Zip33145
Listing ID9498520763
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33145)

Typical home value (ZHVI)$735,527
Typical rent (ZORI)$3,018/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$1,600,000
Down payment (20.0%)$320,000
Loan amount$1,280,000
Closing costs (5.0%)$80,000
Total cash to close$400,000
Rent (ZIP avg, ZORI — not bedroom-specific)$3,018$36,219
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$36,219
Vacancy rate (assumption) assumption8.0%

$36,219 × 8.0% = $2,898

Effective gross income$2,777$33,322
Property tax (placeholder 1.9% of price)$2,533$30,400
Insurance (placeholder 0.8% of price)$1,067$12,800
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$151$1,811
Total operating expenses$3,751$45,011
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$33,322
Total operating expenses derived$45,011

$33,322 − $45,011 = -$11,689

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$1,280,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,280,000 amortized at 6.7% over 30 years = $8,226/mo

CapEx reserve (5.0% of GSR)$151$1,811
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-$11,689
Annual debt service derived$98,707
Annual CapEx reserve assumption$1,811
Annual PMI assumption$0

(-$11,689 − $98,707 − $1,811 − $0) ÷ 12 = -$9,351

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$11,689
Purchase price data$1,600,000

-$11,689 ÷ $1,600,000 = -0.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$112,208
Total cash to close derived$400,000

-$112,208 ÷ $400,000 = -28.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$11,689
Annual debt service derived$98,707

-$11,689 ÷ $98,707 = -0.12

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$36,219
Purchase price data$1,600,000

($36,219 ÷ 12) ÷ $1,600,000 = 0.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,600,000
Gross scheduled rent (annual) comp$36,219

$1,600,000 ÷ $36,219 = 44.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$45,011
Effective gross income derived$33,322

$45,011 ÷ $33,322 = 135.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$45,011
Annual debt service derived$98,707
Annual PMI assumption$0
Gross scheduled rent (annual) comp$36,219

($45,011 + $98,707 + $0) ÷ $36,219 = 396.8%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family10108,573$85,0002026-05-15

1201 NE 83rd St

Miami, 33138 · rent comp

Bedrooms / bathrooms10 bd / 10 ba
Square footage8,573
Listed2026-05-15
Days on market

Asking rent: $85,000

View on Zillow →

Widened to any bedroom count in ZIP. 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
2212 SW 22nd Avesingle_family021,718$1,050,0002026-08-27
2225 SW 18th Avesingle_family453,733$2,350,0002026-08-24
1851 SW 21st Tersingle_family221,773$785,0002026-08-17
1366 SW 15th Stsingle_family442,947$2,350,0002026-08-13
2830 SW 17th Stsingle_family321,187$750,0002026-08-11
2110 SW 15th Stsingle_family321,378$860,0002026-08-05
3644 SW 3rd Avesingle_family232,267$1,310,0002026-08-04
2190 SW 20th Stsingle_family321,640$1,025,0002026-07-31
2220 SW 16th Tersingle_family431,968$600,0002026-07-30
1811 SW 17th Tersingle_family211,404$710,0002026-07-24
2200 SW 23rd Tersingle_family421,554$750,0002026-07-24
1879 SW 16th Stsingle_family211,633$750,0002026-07-23
1820 SW 25th Avesingle_family32960$515,0002026-07-22
1910 SW 33rd Avesingle_family432,368$2,100,0002026-07-20
2101 SW 16th Tersingle_family341,649$930,0002026-07-17
2367 SW 23rd Tersingle_family421,588$750,0002026-07-10
3173 SW 23rd Tersingle_family0$1,700,0002026-07-07
3170 SW 19th Tersingle_family211,388$642,0002026-07-07
3261 SW 16th Lnsingle_family332,001$1,599,0002026-06-30
1712 SW 13th Stsingle_family532,514$822,0002026-06-30
2355 SW 36th Avesingle_family321,068$720,0002026-06-29
1721 SW 24th Tersingle_family541,951$975,0002026-06-26
1871 SW 23rd Stsingle_family211,556$940,0002026-06-26
2508 SW 19th Tersingle_family321,024$695,0002026-06-24
2350 SW 16th Stsingle_family221,224$615,0002026-06-18
2360 SW 22nd Tersingle_family311,159$650,0002026-06-17
2332 SW 19th Tersingle_family211,285$1,089,0002026-06-15
1441 SW 17th Stsingle_family421,398$800,0002026-06-15
1211 SW 19th Stsingle_family321,980$937,7002026-06-12
1780 SW 23rd Stsingle_family441,590$750,0002026-06-12
2225 SW 19th Avesingle_family321,898$1,430,0002026-06-11
3111 SW 15th Stsingle_family321,349$1,025,0002026-06-05
3121 SW 21st Tersingle_family321,447$890,0002026-06-03
1971 SW 33rd Avesingle_family432,331$1,550,0002026-06-03
1200 SW 18th Stsingle_family332,778$1,680,0002026-06-02
2231 SW 16th Avesingle_family664,760$1,550,0002026-06-02
1710 SW 13th Stsingle_family431,334$650,0002026-06-02
3655 SW 17th Stsingle_family21880$700,0002026-06-01
1701 SW 29th Avesingle_family332,249$897,1902026-05-29
1980 SW 32nd Avesingle_family321,707$670,0002026-05-29
1900 SW 21st Avesingle_family211,053$730,0002026-05-28
1738 SW 17th Stsingle_family421,938$700,0002026-05-22
3416 SW 16th Stsingle_family321,309$518,0002026-05-19
2258 SW 15th Stsingle_family331,517$650,0002026-05-15
1941 SW 33rd Avesingle_family211,039$690,0002026-05-07
2945 SW 16th Stsingle_family311,156$619,0002026-05-06
2990 SW 20th Stsingle_family452,828$2,270,0002026-05-04
1633 SW 30th Avesingle_family22855$530,0002026-04-30
1345 SW 17th Stsingle_family211,479$950,0002026-04-29
1511 SW 20th Ctsingle_family522,020$1,150,0002026-04-27

Widened to city-wide. 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
1800 NW 19th Termulti_family1064,138$1,650,000
multi_family1083,693$1,250,000
450 SW 9th Stmulti_family1064,484$1,200,000
934 SW 3rd Stmulti_family1074,188$1,775,000
242 SW 15th Avemulti_family1052,946$1,325,000
9302 NW 4th Avemulti_family10126,938$1,800,000
1238 SW 4th Stmulti_family106$1,850,000

10-year hold projection

IRR-8.8%
Equity multiple-0.49x
Total return (10yr)-$388,831
YearProperty valueNOICash flowLoan balanceEquity
1$1,648,000-$11,689-$112,208$1,266,122$381,878
2$1,697,440-$11,815-$112,379$1,251,291$446,149
3$1,748,363-$11,939-$112,549$1,235,442$512,922
4$1,800,814-$12,060-$112,718$1,218,504$582,310
5$1,854,839-$12,180-$112,886$1,200,403$654,436
6$1,910,484-$12,297-$113,053$1,181,059$729,425
7$1,967,798-$12,411-$113,219$1,160,386$807,412
8$2,026,832-$12,522-$113,383$1,138,294$888,538
9$2,087,637-$12,631-$113,544$1,114,685$972,952
10$2,150,266-$12,735-$113,704$1,089,455$1,060,811
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.