2239 SW 14th St
Miami, FL 33145 · townhomes · For Sale · 20 days on market
Asking price$1,475,000
5 beds 6 baths 2,600 sqft
Listed by DARLENE SUMMERLIN & MARIA CARBONELL · Real Estate Empire Group, Inc.
Typetownhomes
Built2026
Price / sqft$567
Est. value (own analysis)$1,646,523
Rent estimate (own analysis)$4,670/mo
HOANone
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Show every detail
Statusfor_sale
Listed date2026-08-13
Removed date—
MLSMiamiMLS #A12070493
Coordinates—
Address2239 SW 14th St
CityMiami
StateFL
Zip33145
Listing ID9695960921
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 | $1,475,000 |
| Down payment (20.0%) | $295,000 |
| Loan amount | $1,180,000 |
| Closing costs (5.0%) | $73,750 |
| Total cash to close | $368,750 |
| Income | |
| Rent (comp-derived) | $4,670$56,040 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,296$51,557 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,335$28,025 |
| Insurance (placeholder 0.8% of price) | $983$11,800 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $234$2,802 |
| Total operating expenses | $3,552$42,627 |
| 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) | $234$2,802 |
| 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 | 5 | 4 | — | $4,800 | 2026-08-16 | — | |
| townhomes | 5 | 5 | 2,950 | $27,500 | 2026-07-20 | — | |
| townhomes | 5 | 3 | — | $4,540 | 2026-05-21 | — | |
| townhomes | 5 | 3 | 2,040 | $4,000 | 2026-08-24 | — |
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.
| 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 |
| 2943 SW 21st St | townhomes | 4 | 5 | — | $1,440,000 | 2026-07-16 |
| 2937 SW 21st St | townhomes | 4 | 5 | 2,620 | $1,440,000 | 2026-06-01 |
| 1533 SW 22nd Ter | townhomes | 4 | 3 | 2,400 | $1,550,000 | 2026-05-21 |
| 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 |
| 2410 SW 16th Ave | townhomes | 4 | 4 | 2,512 | $1,497,000 | 2026-04-17 |
| 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 |
| 2821 SW 23rd Ter Unit A | townhomes | 4 | 4 | 2,416 | $1,550,000 | 2026-03-02 |
| 1531 SW 22nd Ter | townhomes | 4 | 3 | 2,400 | $1,580,000 | 2026-02-27 |
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 |
|---|---|---|---|---|---|---|
| 2171 SW 21st St | single_family | 5 | 4 | 1,847 | $870,000 | — |
| 1791 SW 14th St | single_family | 5 | 3 | 1,903 | $1,160,000 | — |
| 2107 SW 31st Ave | single_family | 5 | 3 | 2,246 | $1,275,000 | — |
| 2153 SW 13th St | single_family | 5 | 3 | 2,864 | $1,490,000 | — |
| 2543 SW 15th St | single_family | 5 | 3 | 2,213 | $1,175,000 | — |
| 1520 SW 22nd Ave | multi_family | 5 | 4 | 2,484 | $1,475,000 | — |
| 1760 SW 16th Ter | single_family | 5 | 4 | 2,164 | $1,595,000 | — |
| 2240 SW 13th St | single_family | 5 | 6 | 2,600 | $1,475,000 | — |
10-year hold projection
IRR-5.5%
Equity multiple0.08x
Total return (10yr)-$144,941
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,519,250 | $8,930 | -$84,868 | $1,167,206 | $352,044 |
| 2 | $1,564,828 | $9,411 | -$84,457 | $1,153,534 | $411,294 |
| 3 | $1,611,772 | $9,912 | -$84,028 | $1,138,922 | $472,850 |
| 4 | $1,660,125 | $10,433 | -$83,581 | $1,123,308 | $536,818 |
| 5 | $1,709,929 | $10,975 | -$83,113 | $1,106,621 | $603,309 |
| 6 | $1,761,227 | $11,540 | -$82,626 | $1,088,788 | $672,439 |
| 7 | $1,814,064 | $12,127 | -$82,118 | $1,069,730 | $744,334 |
| 8 | $1,868,486 | $12,738 | -$81,588 | $1,049,364 | $819,122 |
| 9 | $1,924,540 | $13,374 | -$81,036 | $1,027,599 | $896,941 |
| 10 | $1,982,277 | $14,035 | -$80,461 | $1,004,340 | $977,937 |
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.