12750 SW 197th Ave, Miami, FL 33196 — MLS photo

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12750 SW 197th Ave, Miami, FL 33196

Active · SingleFamilyResidence

$1,850,000

12750 SW 197th Ave, Miami, FL 33196

Beds
8
Baths
5
Living area
4,780 sq ft
$ / sq ft
$387/sq ft
Year built
1974
Lot size
182,952 sq ft
HOA fee
—
Annual tax
—

About this property

Ranch-style home situated on 4.2 fully fenced acres in the highly desirable Redland area. The property features a main residence along with three additional buildings, each with its own separate entrance. Main House: 3 bedrooms, 2 bathrooms (currently configured as a 2/1 plus 1/1 in-law quarters). Building 2: 3 bedrooms, 1 bathroom. Building 3: 2 bedrooms, 1 bathroom. Plus a workshop and a full bathroom outside. The property is classified for agricultural/nursery use and includes over 400 plantain trees as well as more than 40 fruit trees, including mamey, avocado, mango, sugar apple, lychee, star apple, coconut, and guava. Don’t miss this rare chance to own a truly unique property in the heart of the Redland

Property location

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12750 SW 197th Ave, Miami, FL 33196

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Facts & features

Interior

Bedrooms
8
Bathrooms
5
Living area
4,780 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1974
Lot size
182,952 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11882035
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$455

Cap rate
5.4%
Net yield
5.4%
Cash-on-cash return
-1.1%
Gross yield
8.9%
Mortgage payment
$8,770/mo
Down payment
$462,500
Loan amount
$1,387,500
Annual NOI
$99,774

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.