1519 SW 22nd Ter Unit 1519
Miami, FL 33145 · townhomes · For Sale · 21 days on market
Asking price$1,699,000
3 beds 4 baths 2,452 sqft
Suggested offer$1,386,312$312,688 above the est. market value of $1,386,312.
View on Realtor.com →Listed by Barry M Levinson P.A · COMPASS
Typetownhomes
Built2025
Price / sqft$693
Est. value (own analysis)$1,386,312
Rent estimate (own analysis)$5,375/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
1 / 29
Show every detail
Statusfor_sale
Listed date2026-08-12
Removed date—
MLSMiamiMLS #A12070257
Coordinates25.75029, -80.21962
Address1519 SW 22nd Ter Unit 1519
CityMiami
StateFL
Zip33145
Listing ID9654124370
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,699,000 |
| Down payment (20.0%) | $339,800 |
| Loan amount | $1,359,200 |
| Closing costs (5.0%) | $84,950 |
| Total cash to close | $424,750 |
| Income | |
| Rent (comp-derived) | $5,375$64,500 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,945$59,340 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,690$32,281 |
| Insurance (est. scaled by flood & wind risk) | $1,812$21,747 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $269$3,225 |
| Total operating expenses | $4,771$57,253 |
| 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) | $269$3,225 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 4 | 2,236 | $12,500 | 2026-08-14 | — | |
| townhomes | 3 | 3 | 1,719 | $6,800 | 2026-08-14 | — | |
| townhomes | 3 | 4 | 2,236 | $11,500 | 2026-08-13 | — | |
| townhomes | 3 | 3 | 1,765 | $3,990 | 2026-08-12 | — | |
| townhomes | 3 | 4 | 1,960 | $3,600 | 2026-08-11 | — | |
| townhomes | 3 | 4 | 1,691 | $5,500 | 2026-08-07 | — | |
| townhomes | 3 | 3 | 2,128 | $4,250 | 2026-08-05 | — | |
| townhomes | 3 | 4 | 2,286 | $5,250 | 2026-07-16 | — |
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 |
|---|---|---|---|---|---|---|
| 3022 SW 17th St Unit 3022 | townhomes | 3 | 4 | 2,185 | $1,087,000 | 2026-08-18 |
| 3542 SW 17th St Unit 2B | townhomes | 3 | 3 | — | $525,000 | 2026-05-18 |
| 2870 SW 21st St | townhomes | 3 | 3 | 2,280 | $770,000 | 2026-04-21 |
| 3061 SW 21st Ter Unit 3061 | townhomes | 3 | 5 | 2,052 | $1,315,000 | 2026-04-06 |
| 2823 SW 23rd Ter | townhomes | 3 | 4 | 2,416 | $1,530,000 | 2026-04-03 |
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 |
|---|---|---|---|---|---|---|
| 2800 SW 16th Ter | multi_family | 3 | 3 | 1,535 | $695,000 | — |
| 1431 SW 20th St | townhomes | 3 | 4 | 2,237 | $1,579,000 | — |
| 2831 SW 21st Ter | single_family | 3 | 3 | 1,855 | $1,200,000 | — |
| 3210 SW 19th Ter | single_family | 3 | 2 | 1,549 | $1,300,000 | — |
| 2483 SW 24th St | single_family | 3 | 2 | 1,845 | $1,590,000 | — |
| 2180 SW 20th St | single_family | 3 | 3 | 1,727 | $1,295,000 | — |
| 2500 SW 23rd Ter | single_family | 3 | 3 | 1,424 | $1,150,000 | — |
| 1419 SW 14th Ter | single_family | 3 | 3 | 2,132 | $1,395,000 | — |
10-year hold projection
IRR-6.7%
Equity multiple-0.13x
Total return (10yr)-$258,794
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,749,970 | $2,087 | -$105,953 | $1,344,463 | $405,507 |
| 2 | $1,802,469 | $2,436 | -$105,685 | $1,328,714 | $473,755 |
| 3 | $1,856,543 | $2,802 | -$105,401 | $1,311,884 | $544,659 |
| 4 | $1,912,239 | $3,187 | -$105,101 | $1,293,898 | $618,341 |
| 5 | $1,969,607 | $3,591 | -$104,784 | $1,274,677 | $694,930 |
| 6 | $2,028,695 | $4,015 | -$104,449 | $1,254,136 | $774,559 |
| 7 | $2,089,556 | $4,459 | -$104,096 | $1,232,184 | $857,372 |
| 8 | $2,152,242 | $4,925 | -$103,724 | $1,208,725 | $943,517 |
| 9 | $2,216,810 | $5,413 | -$103,332 | $1,183,655 | $1,033,155 |
| 10 | $2,283,314 | $5,924 | -$102,919 | $1,156,863 | $1,126,451 |
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.