14286 NW 17th Ave
Opa Locka, FL 33054 · condos · For Sale · 141 days on market
Asking price$299,000
3 beds 3 baths 1,548 sqft
Listed by Saud Rai (CRS) · Keyes - Homestead
Typecondos
Built2007
Price / sqft$193
Est. value (Zillow, adjusted)$545,536
Rent estimate (own analysis)$2,775/mo
HOA$419/mo
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Statusfor_sale
Listed date2026-04-15
Removed date—
MLSMiamiMLS #A11984786
Coordinates25.90470, -80.22802
Address14286 NW 17th Ave
CityOpa Locka
StateFL
Zip33054
Listing ID9922016214
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33054)
Typical home value (ZHVI)$429,838
Typical rent (ZORI)$2,279/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 | $299,000 |
| Down payment (20.0%) | $59,800 |
| Loan amount | $239,200 |
| Closing costs (5.0%) | $14,950 |
| Total cash to close | $74,750 |
| Income | |
| Rent (comp-derived) | $2,775$33,300 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,553$30,636 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $473$5,681 |
| Insurance (placeholder 0.8% of price) | $199$2,392 |
| HOA dues | $419$5,028 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $139$1,665 |
| Total operating expenses | $1,231$14,766 |
| 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) | $139$1,665 |
| 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 |
|---|---|---|---|---|---|---|---|
| apartment | 3 | 2 | 1,300 | $3,100 | 2026-06-04 | — | |
| condos | 3 | 2 | 1,056 | $2,000 | 2026-05-22 | — | |
| condos | 3 | 2 | 1,056 | $2,000 | 2026-07-06 | — | |
| condos | 3 | 3 | 1,548 | $2,700 | 2026-08-13 | — | |
| apartment | 3 | 2 | 1,677 | $2,775 | 2026-08-17 | — | |
| apartment | 3 | 2 | 1,055 | $2,800 | 2026-08-12 | — | |
| apartment | 3 | 2 | 1,055 | $2,800 | 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 |
|---|---|---|---|---|---|---|
| 14286 NW 17th Ave | condos | 3 | 3 | 1,548 | $289,000 | 2026-08-21 |
| 4050 NW 135th St Unit 15-11 | condos | 3 | 1 | 928 | $195,000 | 2026-07-07 |
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 |
|---|---|---|---|---|---|---|
| 16815 NW 38th Ct | single_family | 3 | 2 | 1,382 | $499,000 | — |
| 16520 NW 18th Ave | single_family | 3 | 1 | 1,302 | $300,000 | — |
| 1210 Kasim St | single_family | 3 | 1 | 975 | $165,000 | — |
| 2961 NW 162nd St | single_family | 3 | 2 | 1,312 | $579,000 | — |
| 820 Curtiss Dr | single_family | 3 | 2 | 1,008 | $224,900 | — |
| 1781 NW 152nd Ter | single_family | 3 | 1 | 1,289 | $575,000 | — |
| 2381 NW 153rd St | single_family | 3 | 2 | 788 | $438,000 | — |
| 2911 NW 161st St | single_family | 3 | 1 | 816 | $400,000 | — |
10-year hold projection
IRR6.9%
Equity multiple2.10x
Total return (10yr)$121,104
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $307,970 | $15,870 | -$4,241 | $236,607 | $71,363 |
| 2 | $317,209 | $16,420 | -$3,733 | $233,835 | $83,374 |
| 3 | $326,725 | $16,988 | -$3,207 | $230,873 | $95,852 |
| 4 | $336,527 | $17,575 | -$2,664 | $227,708 | $108,819 |
| 5 | $346,623 | $18,182 | -$2,102 | $224,325 | $122,297 |
| 6 | $357,022 | $18,809 | -$1,521 | $220,711 | $136,311 |
| 7 | $367,732 | $19,457 | -$920 | $216,848 | $150,885 |
| 8 | $378,764 | $20,126 | -$299 | $212,719 | $166,045 |
| 9 | $390,127 | $20,818 | $343 | $208,307 | $181,820 |
| 10 | $401,831 | $21,532 | $1,007 | $203,592 | $198,239 |
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.