12955 SW 231st Ter 12955, Miami, FL 33170 — MLS photo

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12955 SW 231st Ter 12955, Miami, FL 33170

Active · Townhouse

$559,700

12955 SW 231st Ter 12955, Miami, FL 33170

Beds
3
Baths
3
Living area
1,695 sq ft
$ / sq ft
$330/sq ft
Year built
2024
Lot size
—
HOA fee
$190 Monthly
Annual tax
$8,774

About this property

Secure this turnkey investment generating $3,000/month in immediate income. The current lease runs through January 2027, with high-quality tenants who have already expressed their intent to renew, ensuring zero vacancy.This impeccably maintained property features a spectacular chef’s kitchen and a remodeled garage, significantly reducing future maintenance costs while driving long-term appreciation. Located in a high-demand Miami market, this is a rare opportunity to acquire a high-yield asset with a proven track record.

Interior & exterior features

Appliances

  • Dryer
  • Dishwasher
  • Electric Range
  • Electric Water Heater
  • Disposal
  • Microwave
  • Other
  • Refrigerator
  • Water Softener Owned
  • Washer

Cooling

  • Central Air
  • Electric

Heating

  • Central
  • Electric

Views

  • Other

Parking

  • Covered
  • Two Or More Spaces

Interior features

  • Bedroom On Main Level
  • Breakfast Area
  • First Floor Entry
  • Other
  • Shower Only
  • Tub Shower
  • Attic

Exterior features

  • Fence

Pool

  • Association

Flooring

  • Carpet
  • Ceramic Tile

construction

  • Block

security

  • Other
  • Smoke Detectors

association_amenities

  • Other
  • Pool

association_fee_includes

  • Amenities

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

$230

Cap rate
6.2%
Net yield
6.2%
Cash-on-cash return
1.8%
Gross yield
9.8%
Mortgage payment
$2,653/mo
Down payment
$139,925
Loan amount
$419,775
Annual NOI
$34,600

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