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Single Family Residence
$339,000$283 / sqft
408 NW 12th St, Florida City FL 33034
Listed
3
Bedrooms
1
Bathrooms
1,196 sqft
Interior
1995
Year built
None
HOA
Single Family Residence
Type
About this home
This charming corner-lot property is a fantastic investment opportunity, offering comfort, functionality, and strong rental appeal. Featuring 3 bedrooms and 1 bathroom, the home boasts vaulted ceilings in the kitchen and an open-concept living and dining area, creating a bright and spacious atmosphere tenants and buyers love. The large wrap-around kitchen includes a new refrigerator and plenty of cabinet and counter space for everyday convenience. Additional highlights include ceramic flooring in excellent condition throughout, a freshly resealed bathroom, and a newly painted interior that gives the home a clean, move-in-ready feel. The oversized laundry room offers space for hanging clothes and extra storage, complemented by a large storage closet for added practicality. Major updates include a new washer and dryer, new high-efficiency water heater, and an ice-cold newer air conditioning system for energy efficiency and peace of mind. Situated on a desirable corner lot, the property is surrounded by lush clusia trees that provide exceptional privacy and curb appeal. Located directly across from the bus station, this home offers excellent accessibility and convenience, making it especially attractive for tenants and commuters. With spacious bedrooms, each with its own closet, strong mechanical updates, and attractive indoor-outdoor appeal, this property is ideal for investors seeking a low-maintenance rental or a future primary residence with excellent upside potential.
Features
- First Floor Entry
- Vaulted Ceiling(s)
- Volume Ceilings
- Attic
- Family Room
- Florida Room
- Great Room
- Storage
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–$5,000.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.