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Villa
$475,000$430 / sqft
11720 SW 122nd Pl, Miami FL 33186
Listed
3
Bedrooms
2
Bathrooms
1,104 sqft
Interior
1980
Year built
$36 / mo
HOA
Villa
Type
About this home
Open House Saturday, October 24th, from 12–2 PM. Beautifuly remodeled 3-bed, 2-bath corner villa! This spacious single-story home offers updated flooring, a modern kitchen, beautifully renovated bathrooms, and an interior washer and dryer. Enjoy a covered terrace and private fenced patio, perfect for relaxing or entertaining. Additional features include hurricane shutter panels and a recently installed impact-rated front and rear doors. Best of all, enjoy an incredibly low HOA fee of just $36 per month! Move-in ready and aggressively priced at $475,000! Don't miss this incredible opportunity!
Features
- First Floor Entry
- None
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- 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.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 49 active listings; the middle half ask $2,550–$3,100.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.