12235 SW 121st Ter
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Nearby Schools
Educational options and performance ratings in the area.
Devon Aire K-8 Center
Miami Killian Senior High School
Richmond Heights Middle School
Miami, FL Investment Analysis (2026)
Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Analyzing property data...
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-14 | Listing removed | $999,000 | $339 |
| 2026-08-03 | Price change | $999,000 | $339 |
| 2026-06-29 | Price change | $1,100,000 | $373 |
| 2026-06-26 | Listed for sale | $999,000 | $339 |
| 2025-12-31 | Listing removed | $999,000 | $339 |
| 2025-12-04 | Listed for sale | $999,000 | $339 |
| 2014-08-29 | Sold | $371,000 | $126 |
| 2014-07-11 | Pending sale | $379,900 | $129 |
| 2014-06-13 | Price change | $379,900 | $129 |
| 2014-05-11 | Listed for sale | $399,900 | $136 |
| 2013-11-07 | Sold | $262,000 | $89 |
| 2012-04-11 | Listing removed | $2,500 | $1 |
| 2012-04-04 | Price change | $2,500 | $1 |
| 2012-03-18 | Listed for rent | $2,600 | $1 |
| 2012-03-02 | Sold | $17,600 | $6 |
| 2010-07-24 | Listing removed | $320,000 | $109 |
| 2010-05-20 | Listed for sale | $320,000 | $109 |
| 2003-02-14 | Sold | $291,000 | $99 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,958.99 | $428,583 |
| 2024 | $7,762.05 | $416,505 |
| 2023 | $7,447.54 | $404,374 |
| 2022 | $7,014.03 | $392,597 |
| 2021 | $6,984.85 | $381,163 |
| 2020 | $6,913.48 | $375,901 |
| 2019 | $6,780.05 | $367,450 |
| 2018 | $7,090.6 | $395,253 |
| 2017 | $7,090.6 | $339,508 |
| 2016 | $6,707.33 | $332,525 |
| 2015 | $6,049.67 | $292,806 |
| 2014 | $6,019.95 | $246,208 |
| 2013 | $5,386.3 | $245,139 |
| 2012 | $5,386.3 | $213,851 |
| 2011 | $4,985.44 | $232,038 |
| 2010 | $5,196.15 | $228,609 |
| 2009 | $5,597.54 | $265,032 |
| 2007 | $8,266.19 | $373,231 |
| 2006 | $8,561.88 | $0 |
| 2005 | $8,561.88 | $0 |
| 2004 | $7,711.99 | $0 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $53,577/yr
On $229,770 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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