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Single Family Residence
$1,290,000$381 / sqft
12965 SW 197th St, Miami FL 33177
Listed
5
Bedrooms
4
Bathrooms
3,384 sqft
Interior
2006
Year built
None
HOA
Single Family Residence
Type
About this home
Presented by Estatewide Properties. Elegant Mediterranean Estate on ¼ Acre with 3-Car Garage & Gazebos! Offering 3,390 SF living (4,530 total) near Florida’s Turnpike, this 5 bed, 4 bath home features soaring 18’ ceilings, a split floor plan, huge master suite, large family room, and full 3-car garage. Extended brick-paver driveway provides ample parking plus room for boat/RV. Private backyard with covered patio and two gazebos is perfect for entertaining or relaxing. Highlights include barrel tile roof, grand double-door entry, 8’ sliding glass doors, designer tile, and decorative paver walkways. Spacious lot with room for pool/sundeck. A must-see in a sought-after community!
Features
- First Floor Entry
- Closet Cabinetry
- Roman Tub
- Walk-In Closet(s)
- Family Room
- Utility Room/Laundry
- Fruit Trees
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.