11230 SW 188th St
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Nearby Schools
Educational options and performance ratings in the area.
South Miami Heights 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 |
|---|---|---|---|
| 2026-08-14 | Listed for sale | $443,000 | $294 |
| 2026-08-12 | Pending sale | $443,000 | $294 |
| 2026-07-29 | Listed for sale | $443,000 | $294 |
| 2026-05-13 | Sold | $400,000 | $265 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,836.07 | $418,684 |
| 2024 | $1,094.21 | $75,420 |
| 2023 | $934.08 | $73,224 |
| 2022 | $876.81 | $71,092 |
| 2021 | $857.33 | $69,022 |
| 2020 | $854.85 | $68,070 |
| 2019 | $842.13 | $66,540 |
| 2018 | $796.23 | $65,300 |
| 2017 | $796.23 | $63,957 |
| 2016 | $802.75 | $62,642 |
| 2015 | $782.32 | $62,207 |
| 2014 | $797.66 | $61,714 |
| 2013 | $770.32 | $56,147 |
| 2011 | $782.62 | $59,191 |
| 2010 | $844.5 | $66,234 |
| 2009 | $843.94 | $66,920 |
| 2007 | $829.66 | $64,907 |
| 2006 | $919.16 | $0 |
| 2005 | $919.16 | $0 |
| 2004 | $889.43 | $0 |
| 2003 | $788.32 | $0 |
| 2002 | $742.04 | $0 |
| 2001 | $742.04 | $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: $25,979/yr
On $101,890 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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