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Single Family Residence
$300,000$175 / sqft
3708 NW 12th Ave, Miami FL 33127
Listed
2
Bedrooms
2
Bathrooms
1,710 sqft
Interior
1929
Year built
None
HOA
Single Family Residence
Type
About this home
Prime Miami Location with Exceptional Redevelopment Potential! Strategically located in the 33127 area, just minutes from the vibrant energy of Wynwood, renowned art galleries, dining, entertainment, and Miami’s most sought-after destinations. Enjoy convenient access to Brickell, Downtown Miami, major highways, and the airport. This location offers an exciting blend of colorful culture, creativity, and urban lifestyle, making it an outstanding opportunity for investors, builders, or buyers looking to create a new vision in one of Miami’s rapidly evolving areas. The existing structure is currently uninhabitable and is being sold AS-IS. The true value is in the land and its strategic location, offering tremendous potential for redevelopment and future appreciation. Bring your vision and capitalize on this exceptional Miami opportunity!
Features
- First Floor Entry
- Other
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$1,517
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,517
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 152 active listings; the middle half ask $2,400–$3,900.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.