Price Check
How this price compares
- Asking price
- $550,000
- Price per sq ft
- $442
- Vs. nearby sales
- In line
- Days on market
- 13
This 3-bedroom single-family home in South Miami Lakes went under contract with an asking price of $550,000, or $442 per square foot. It spent 13 days on the market before going under contract. The 6 most recent single-family home sales in the closings shown below sold at a median of $435 per square foot, so the asking price was in line with what comparable homes here actually sold for.
Estimated monthly payment
$2,890 /mo
Principal and interest only, based on $110,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $550,000
- Days on Site
- 13 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,244 sqft
- Total Sq Ft
- 1,316 sqft
- Lot Size
- 0.15 Acres
- Year Built
- 1987
- Property Type
- Single Family
- MLS #
- A12051252
- Property Tax
- $6,957 (2025)
- Subdivision
- SOUTH MIAMI LAKES
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
BEST price and value in South Miami. Sparkling pool home checks all the right boxes: Zero HOA, location, condition is immaculate! 3BR/2BA, 1,244 SF 6,543 SF lot with a below-ground pool and a private, jungle-canopy gazebo lounge built for entertaining. Renovated baths throughout, condition is far above the price point. Fenced yard, deck, CBS construction, first-floor entry. Zoned for Priced to move at $550K, owner-occupied, 24-hour notice. This one will not sit-do NOT let this deal of the year opportunity pass you by!
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1987
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 1
- Parking
- Driveway
- Direction Faces
- Northwest
- Lot Size (Acres)
- 0.15
- Living Sq Ft
- 1,244
- Total Sq Ft
- 1,316
- Sewer
- Public Sewer
- Water Source
- Public / Well
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Electric Range / Microwave / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Other
- Flooring
- Ceramic Tile
- Interior Features
- Bedroom On Main Level
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Deck
Community & HOA
- Association Amenities
- None
- Financing Terms
- Cash / Conventional / FHA
- Restrictions
- No Restrictions
- MLS Area
- 2690
Schools
- Elementary School
- South Miami Heights
- Middle School
- Cutler Bay Middle
- High School
- Miami Southridge
About the Community
South Miami Lakes is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $560,000 to $697,000. Homes were built between 1985 and 2026. Pure Equity lists homes in South Miami Lakes and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Under Contract
- 1
- Median List Price
- $612,500
- Median $/Sq Ft
- $392
- Avg Days on Market
- 6
Frequently Asked Questions
- How do I schedule a tour of 12422 SW 199th Street, Miami, FL 33177?
- Use the Tour button on this listing to request a showing of 12422 SW 199th Street, Miami, FL 33177. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 12422 SW 199th Street, Miami, FL 33177 still available?
- 12422 SW 199th Street, Miami, FL 33177 is currently listed as Under Contract, and has been on the market 13 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 12422 SW 199th Street, Miami, FL 33177?
- With 20% down ($110,000) on the $550,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 12422 SW 199th Street, Miami, FL 33177 is about $2,890/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 12422 SW 199th Street, Miami, FL 33177?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 12422 SW 199th Street, Miami, FL 33177. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 12422 SW 199th Street, Miami, FL 33177?
- 12422 SW 199th Street, Miami, FL 33177 is zoned for South Miami Heights (elementary), Cutler Bay Middle (middle), Miami Southridge (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 12422 SW 199th Street, Miami, FL 33177?
- Often, yes. The right offer on 12422 SW 199th Street, Miami, FL 33177 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Keller Williams Eagle Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 19, 2026.
$550,000
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Listed by Barbara Triana, Keller Williams Eagle Realty
Map & Location
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Property Types
Recent Sales
Recently sold homes in South Miami Lakes
These are the last 6 recorded closings in South Miami Lakes, with the price each home actually sold for rather than what it was listed at. They closed at a median of $437 per square foot. The most recent closed on September 21, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$500,000
Sold · September 21, 2026
19721 SW 122nd Place
2 bed · 2 bath · 1,156 sqft · $433/sqft
Sold$590,000
Sold · August 3, 2026
19757 SW 124th Avenue
3 bed · 2 bath · 1,349 sqft · $437/sqft
$5,000 under the asking price
Sold$690,000
Sold · July 24, 2026
12330 SW 195th Terrace
4 bed · 2 bath · 1,824 sqft · $378/sqft
$7,000 under the asking price
Sold$610,900
Sold · July 15, 2026
19707 SW 123rd Court
3 bed · 2 bath · 1,462 sqft · $418/sqft
Sold$530,000
Sold · June 16, 2026
12201 SW 194th Terrace
3 bed · 2 bath · 1,125 sqft · $471/sqft
Sold$540,000
Sold · April 30, 2026
19763 SW 124th Avenue
3 bed · 2 bath · 1,125 sqft · $480/sqft
$5,000 under the asking price
See every recorded sale in South Miami Lakes or find out what your South Miami Lakes home is worth.
