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Single Family Residence
$3,300,000$1,189 / sqft
12121 SW 60th Ct, Pinecrest FL 33156
Listed
3
Bedrooms
3
Bathrooms
2,775 sqft
Interior
1969
Year built
None
HOA
Single Family Residence
Type
About this home
RARE PINECREST NEW CONSTRUCTION OPPORTUNITY! Set on an exceptional over-acre lot in one of Pinecrest’s most desirable residential neighborhoods, this property offers the rare combination of prime land, privacy, location and an exciting vision for a future luxury estate. A survey is available, along with renderings of the proposed new residence, allowing buyers to immediately envision the possibilities of creating a spectacular custom home on this expansive homesite. The existing residence, with pool, covered terrace, generous living areas and two-car garage, provides flexibility while plans for a new estate are brought to life. Surrounded by impressive luxury homes and ideally located near top-rated public and private schools, shopping, dining and the best of South Miami, this is an exceptional opportunity to secure a premier Pinecrest homesite and create something truly extraordinary. Offered at $3.3M—an outstanding opportunity to build new in one of Miami’s most coveted communities. Land Value
Features
- First Floor Entry
- Family Room
- Lighting
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$16,687
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$6,250.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.