12520 SW 188th Ter

Active

12520 Southwest 188th Street, Miami, FL 33177

$479,000
 for Sale at 12520 Southwest 188th Street, Miami, FL 33177

18

 for Sale at 12520 Southwest 188th Street, Miami, FL 33177
 for Sale at 12520 Southwest 188th Street, Miami, FL 33177
 for Sale at 12520 Southwest 188th Street, Miami, FL 33177
$479,000
3
Beds
1
Bath
Half Bath
1,166
Ft²
$411
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
5.92%
Est. Monthly
$2,717
SELLER/OWNER FINANCING. TAKE ADVANTAGE OF THE VERY FLEXIBLE QUALIFICATION TERMS AND START GENERATING INCOME SINCE DAY 1... OR MAKE THIS YOUR DREAMED SWEET HOME. PROPERTY IS RENTED UNTIL FEB 2024, contract must be honored. Immaculate home sitting on a huge lot, quiet neighborhood.  Tile floors throughout, crown moldings, remodeled kitchen with granite counter tops, wood cabinets and stainless steel appliances, updated bath. Circular driveway offering plenty of parking space. Fruit trees, room for a boat and a pool. You could probably converted into a 4/2 adding a lot of value to this great property. No HOA. LIMITED SHOWINGS ONLY WITH PROOF OF FUNDS. DO NOT DISTURB TENANTS!!!

The manager has listed the unit size as...

LISTING AGENT


Building Info

Overview

This property was built in 1959.

General

  • Year Built

    1959
  • Actual Year Built

    1992
  • Total Rooms

    0.00
  • Bedroom Count

    3
  • Bathroom Count

    1.00
  • Full Bathrooms

    1.00
  • Partial Bathrooms

    0.00
  • Bathroom Fixture Number

    0.00
  • Building Condition

    0
  • Building Quality

    0
  • Construction Type

    concrete block
  • Building Style

    -
  • Exterior Walls Type

    -
  • Interior Walls Type

    -
  • Roof Shape Type

    -
  • Roof Cover Type

    -
  • Floor Count

    1
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    -
  • Basement Type

    -
  • Basement Area

    0.00
  • Garage Type

    -
  • Garage Square Area

    0.00
  • Parking Space Count

    0.00
  • Patio Type

    patio
  • Porch Type

    -
  • Pool Type

    -

Dimensions

  • Lot Size Square Feet

    7,575
  • Lot Size Depth Feet

    1010
  • Lot Size Frontage Feet

    750
  • Total Building Area

    1,356
  • Gross Building Area

    1,661
  • Building Area

    1,356
  • Building Area Source

    L

Heating

  • Fireplace Count

    0.00
  • Air Conditioning Type

    -
  • Heat Code

    -
  • Heated Square Feet

    1,356
  • Heating Fuel Type

    -

Codes

  • Sewer System

    -
  • Water Service Type

    -

Building

Building codes and types
  • Building Type

    -
  • Property Class ID

    residential
  • Subdivision

    SOUTH MIAMI HGTS ADDN D
  • Land Acres

    0.174
  • Standard Land Use Code

    single family residential
  • County Land Use Code

    0101
  • State Land Use Code

    001
  • Legal Description 1

    36 55 391 56 39SO MIAMI HGTS ADD D PB 23-18 LOTS7 -8-9 BLK 20 LOT SIZE 7575 SQ FT OR 18864-4632 1199 1 COC 25767-1639 06 2007 5

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    Dade County School District
  • School Tax School District

    UNINCORPORATED
  • Census Tract

    010204

Zoning

The zoning code for this property is 0100:SINGL.
  • Zoning

    0100:SINGL

Geography

The property is located in zip code 33177.
  • District

    30
  • Parcel

    30-5936-004-2110
  • Block

    20
  • Lot

    7-9
  • Meridian

    SEC 36 TWN 55S RNG 39E
  • Municipality

    UNINCORPORATED COUNTY
  • Latitude

    25.5926
  • Longitude

    -80.3957

Address

  • Full Address

    12520 Sw 188th St
  • Address - House Number

    12520
  • Street Direction

    SW
  • Address - Street Name

    188th
  • Address - Suffix Type

    St
  • State

    FL
  • City Name

    Miami
  • Carrier Code

    C011
  • 4-Digit Zip Code

    3144
  • Zip Code

    33177

Valuation

The assessed value of this property is $85,545.
  • Timestamp

    Feb 01, 2021
  • UCID Flag

    C
  • Total Area

    1,395
  • Standard Deviation

    0

Tax

  • Tax Year

    2020
  • Tax Amount

    $1,334
  • Tax Rate Code Area

    3000

Open Liens

  • Total Open Liens

    1
  • Total Open Liens Amount

    $240,000

Market Valuation

  • Market Total Value

    $194,229
  • Market Land Value

    $97,988
  • Market Improvement Value

    $96,241

Appraisal Valuation

  • Valuation Date

    Jan 27, 2021
  • Confidence Score

    73
  • Final Value

    296,482
  • High Value

    355,833
  • Low Value

    237,132

Assessments Valuation

  • Assessed Year

    2020
  • Assessed Total Value

    $85,545
  • Assessed Land Value

    $0

Exemptions

  • Homeowner Exemption Flag

    T

Sales

  • Current Sale Contract Date

    20031231
  • Current Sale Recording Date

    20040106
  • Current Sale Transaction ID

    11459930913
  • Current Sales Price

    $145,000
  • Current Sale Document Type

    Warranty Deed
  • Current Sale Input Book

    21952
  • Current Sale Input Document Number

    2004R0007900
  • Current Sale Input Page

    0876
  • Sale Date

    19991116
  • Previous Sale Type of Sales Price

    Full amount stated on Document.
  • Sale Amount

    $82,000
  • Previous Sale Document Type

    71

Mortgages

  • First Current Mortgage Lender

    COUNTRYWIDE HOME LOANS INC
  • First Current Mortgage Transaction Date

    20040106
  • First Current Mortgage Financing Type

    Adjustable Rate
  • First Current Mortgage Loan Amount

    $123,250
  • First Current Mortgage Terms

    360
  • First Current Mortgage Loan Type

    Unknown (DEFAULT)
  • First Current Mortgage Loan Due Date

    20340101
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    WILMINGTON FINANCE INC
  • First Open Lien Mortgage Recording Date

    20070710
  • First Open Lien Mortgage Loan Amount

    $240,000
  • First Open Lien Mortgage Term

    360
  • First Open Lien Mortgage Position

    1
  • First Open Lien Mortgage Loan Type

    Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date

    20370701
  • Second Open Lien Mortgage Loan Amount

    $0
  • Second Open Lien Mortgage Term

    0
  • Second Open Lien Mortgage Position

    0
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Loan Amount

    $0
  • Previous Mortgage Term

    0

Building Features

Exterior

Block Exterior

Driveway

Driveway

Parking

RV Parking

Home Features

Outdoor Space

Private Patio

Laundry

Dryer in UnitWasher in Unit

Appliances

MicrowaveElectric RangeRefrigerator

HVAC

Central A/CFurnace

Ownership

Current Owner

Cisko Nikos

Previous Owner

Delahoz Lisette

Price History

Date/EventEventPrice
May 18, 2022 Listed by Royal Realtors GroupListed by Royal Realtors Group$479,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$32,760
ExpensesPer Year
$4,380
Operating ProfitPer Year
$28,380
Cap rate
5.92%

Price Estimate

$550,000$479,788$409,577
20222023202420252026
Current Asking Price

$479,000

HopScore Market Price

$479,788

The current asking price is $788.71 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Active
House
3
2
1,244 ft²
$385/ft²
$479,000
$329.75/mo
Active
House
3
2
1,182 ft²
$371/ft²
$439,000
$335.67/mo
Active
House
3
2
1,134 ft²
$369/ft²
$418,900
$272.17/mo
In Contract
House
3
2
1,349 ft²
$382/ft²
$515,000
$241.33/mo
Active
House
3
2
1,125 ft²
$427/ft²
$480,000
$337.83/mo

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Neighborhood

About South Miami Heights

Stats & Trends

The median asking price in South Miami Heights is $469,999.
  • Median Asking

    $469,999
  • Sale Price/ft²

    $313.41
  • Below Asking

    0.02%
  • Days on Market

    64

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12520 Southwest 188th Street has been categorized by the local assessors in Miami, FL as a residential type of property. The building on the property was first built in 1959 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 1992. The home has a total of 0 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom and unclear on the number of partial bathrooms in the property. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12520 Southwest 188th Street has 1,356 sqft of living area. The living area...

12520 Southwest 188th Street, Miami, FL 33177


Frequently Asked Questions

What neighborhood is 12520 Southwest 188th Street located in?
The 12520 Southwest 188th Street is a house located in the neighborhood of South Miami Heights in South Miami Heights, Miami.
How many units are currently for sale in 12520 Southwest 188th Street?
12520 Southwest 188th Street has a total of 1 units in the building. There are one units for sale right now.
What is the average sales price for units in 12520 Southwest 188th Street?
The average sales price for units in 12520 Southwest 188th Street is $479,000, or $411/sqft.
How long on average are units in 12520 Southwest 188th Street on the market?
Units in 12520 Southwest 188th Street are usually on the market for an average of 309 days with an average asking price of $479,000.

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