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Single Family Residence at 20940 SW 121st Ave, Miami FL 33177Active
Single Family Residence
$365,000$414 / sqft

20940 SW 121st Ave, Miami FL 33177

3
Bedrooms
2
Bathrooms
881 sqft
Interior
1990
Year built
None
HOA
Single Family Residence
Type

About this home

Situated near shopping malls and the Turnpike, with convenient direct access to the Florida Keys. Shopping & dining at Deerwood Town Center is a major hub featuring a Fresco y Más, The Home Depot, and various restaurants. Cauley Square Historic Village also provides unique shops and eateries. Parks & Recreation at Larry and Penny Thompson Memorial Park is nearby, offering 270 acres of woodland and hiking paths, and is located right next to Zoo Miami. Schools: Local options include South Miami Heights Elementary and Robert Morgan Educational Center, along with several highly-rated charter schools.There are no monthly association fees, offering more financial flexibility.

Features

  • First Floor Entry
  • Walk-In Closet(s)
  • Den/Library/Office
  • Family Room
  • Florida Room
  • Garden
  • None

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,846

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

Principal & interest
$1,846
HOA
None

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
Pinnacle Realty of Florida

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.