12520 SW 188th Ter
House in South Miami Heights
Active
12520 Southwest 188th Street, Miami, FL 33177

18
Map



$479,000
3
Beds
1
Bath
–
Half Bath
1,166
Ft²
$411
$/ft²
–
Acres
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. Â 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...
The manager has listed the unit size as...
LISTING AGENT
Mariela Patterson PARoyal Realtors Group[email protected]
Building Info
Building
Building codes and typesNeighborhood
Community district, city council district, police precinct, and more.Zoning
The zoning code for this property is 0100:SINGL.Geography
The property is located in zip code 33177.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 NikosPrevious Owner
Delahoz LisettePrice History
Date/Event | Event | Price |
---|---|---|
May 18, 2022 Listed by Royal Realtors Group | Listed by Royal Realtors Group | $479,000 |
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$32,760ExpensesPer Year
$4,380Operating 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 | Type | Beds | Baths | ft² 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
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Nearby Rentals
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...