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Active
Townhouse
$469,999$368 / sqft

12316 SW 119th Ln, Miami FL 33186

3
Bedrooms
2
Bathrooms
1,276 sqft
Interior
1979
Year built
$69 / mo
HOA
Townhouse
Type

About this home

This charming & well maintained corner unit at Devon-Aire features a beautiful wood & glass entrance door that creates an inviting & warm atmosphere. The original kitchen is ready for your personal touches. Generously sized primary, plus 2 additional bedrooms. An inviting fenced patio: perfect for small gatherings/afternoon tea. Both bathrooms have been retouched. Community Lake access to connect with nature. Ideally located just steps away from coffee shops, restaurants, Publix, Walgreens, banks, and medical facilities & a short walking distance from highly rated elementary & middle schools. Less than one mile from the Florida Turnpike & 3.8 miles from Mia Killian (Magnet). Whether you are looking for a primary residence or a wise investment, 12316 is an exceptional opportunity!

Features

  • First Floor Entry
  • Attic
  • Storage
  • Utility Room/Laundry
  • None

Estimated loan & HOA

$2,446

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,377
HOA
$69 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
United Real Estate Miami

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.