20600 SW 118th Pl
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Caribbean Elementary School
Miami Southridge Senior High School
Cutler Bay Middle
Miami, FL Investment Analysis (2026)
Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Analyzing property data...
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-24 | Listed for rent | $3,600 | $1 |
| 2026-08-06 | Price change | $560,000 | $226 |
| 2026-07-24 | Price change | $585,000 | $236 |
| 2026-06-29 | Price change | $595,000 | $240 |
| 2026-06-04 | Listed for sale | $645,000 | $260 |
| 2025-06-03 | Listing removed | $3,300 | $1 |
| 2025-06-02 | Listed for rent | $3,300 | $1 |
| 2025-06-01 | Listing removed | $2,900 | $1 |
| 2025-05-27 | Price change | $2,900 | $1 |
| 2025-05-11 | Price change | $3,300 | $1 |
| 2025-05-08 | Listed for rent | $3,600 | $1 |
| 2023-02-24 | Listing removed | $0 | – |
| 2023-02-22 | Listing removed | $0 | – |
| 2023-02-13 | Price change | $3,100 | $1 |
| 2023-01-26 | Listed for sale | $459,000 | $185 |
| 2022-12-29 | Price change | $3,200 | $1 |
| 2022-12-21 | Listed for rent | $3,600 | $1 |
| 2022-12-16 | Listing removed | $0 | – |
| 2022-12-16 | Listed for sale | $459,000 | $185 |
| 2022-11-23 | Pending sale | $459,000 | $185 |
| 2022-09-12 | Contingent | $459,000 | $185 |
| 2022-09-07 | Listed for sale | $459,000 | $185 |
| 2022-09-02 | Contingent | $459,000 | $185 |
| 2022-08-30 | Listed for sale | $459,000 | $185 |
| 2017-04-21 | Sold | $91,000 | $37 |
| 2016-05-13 | Sold | $80,100 | $32 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,242.81 | $324,654 |
| 2024 | $5,185.92 | $223,960 |
| 2023 | $4,283.28 | $203,600 |
| 2022 | $3,999.4 | $185,091 |
| 2021 | $3,545.06 | $168,265 |
| 2020 | $3,265.54 | $152,969 |
| 2019 | $2,986.79 | $139,063 |
| 2018 | $2,864.03 | $136,662 |
| 2017 | $2,864.03 | $125,288 |
| 2016 | $2,702.73 | $186,509 |
| 2015 | $3,852.19 | $169,554 |
| 2014 | $3,356.17 | $154,140 |
| 2013 | $2,358.22 | $138,885 |
| 2012 | $2,358.22 | $140,989 |
| 2011 | $2,309.73 | $136,883 |
| 2010 | $1,864.23 | $134,861 |
| 2009 | $2,075.32 | $149,699 |
| 2007 | $2,223.4 | $70,195 |
| 2006 | $2,539.31 | $0 |
| 2005 | $2,539.31 | $0 |
| 2004 | $2,489.32 | $0 |
| 2003 | $2,334.29 | $0 |
| 2002 | $1,665.69 | $0 |
| 2001 | $1,665.69 | $0 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $34,854/yr
On $128,800 invested
Tight qualification
Equity + cumulative cash
Monthly Cash Flow Breakdown
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