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12438 SW 115th Terrace, Miami, FL 33186
Under Contract
151 Days on Market
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$449,500

12438 SW 115th Terrace

Miami, FL 33186

DEVON-AIRE VILLAS SEC 6

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

Asking price
$449,500
Price per sq ft
$443
Original price
$457,000
Days on market
151

This 3-bedroom townhouse in Devon-Aire Villas Sec 6 went under contract with an asking price of $449,500, or $443 per square foot. The asking price has come down 1.6% from its original $457,000. It spent 151 days on the market before going under contract.

3
Bedrooms
1
Bathrooms
1,015
Living Sq Ft
1979
Year Built

Estimated monthly payment

$2,362 /mo

Principal and interest only, based on $89,900 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$449,500
Days on Site
151 Days
Bedrooms
3
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
1,015 sqft
Total Sq Ft
1,015 sqft
Year Built
1979
Property Type
Townhouse
MLS #
A12011332
Property Tax
$5,826 (2025)
HOA Fees
$399 / Annually
Subdivision
DEVON-AIRE VILLAS SEC 6
County
Miami Dade
Status
Under Contract
Special Conditions
Listed As Is

About This Property

Beautifully maintained 3-bedroom, 1-bath home, featuring a brand-new bathroom and an excellent central Miami location. Conveniently located near major highways, shopping centers, restaurants, and top-rated schools. A fantastic opportunity for homeowners seeking comfort, convenience, and accessibility in a highly desirable neighborhood.

Virtual Tour

General Features

Property Type
Townhouse
Status
Under Contract
Year Built
1979
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
0
Living Sq Ft
1,015
Total Sq Ft
1,015
Structure Type
Townhouse

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Tile
Interior Features
Bedroom On Main Level
Total Rooms
1

Exterior Features

Construction
CBS Concrete Block Structure / Block
Exterior Features
Outdoor Living Area
Architectural Style
Other
Patio & Porch
Deck

Community & HOA

HOA Fee
$399 / Annually
HOA Includes
Maintenance Grounds
Association Amenities
Playground
Community Features
Home Owners Association
Security
None
Pets Allowed
No
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Ok To Lease
MLS Area
2590

This home's HOA fee works out to $33 a month, in line with the $34 median across 5 homes for sale in Devon-Aire Villas Sec 6. See Devon-Aire Villas Sec 6 HOA fees

Schools

Elementary School
Devon Aire K-8
Middle School
Arvida
High School
Miami Killian
Homes for Sale
5
Median List Price
$450,000
Median $/Sq Ft
$400
Avg Days on Market
147
View all 5 homes for sale in Devon Aire Villas →
How do I schedule a tour of 12438 SW 115th Terrace, Miami, FL 33186?
Use the Tour button on this listing to request a showing of 12438 SW 115th Terrace, Miami, FL 33186. 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 12438 SW 115th Terrace, Miami, FL 33186 still available?
12438 SW 115th Terrace, Miami, FL 33186 is currently listed as Under Contract, and has been on the market 151 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 12438 SW 115th Terrace, Miami, FL 33186?
With 20% down ($89,900) on the $449,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 12438 SW 115th Terrace, Miami, FL 33186 is about $2,362/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 12438 SW 115th Terrace, Miami, FL 33186?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 12438 SW 115th Terrace, Miami, FL 33186. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 12438 SW 115th Terrace, Miami, FL 33186 have an HOA fee?
Yes: 12438 SW 115th Terrace, Miami, FL 33186 carries an HOA fee of about $399 annually. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 12438 SW 115th Terrace, Miami, FL 33186?
12438 SW 115th Terrace, Miami, FL 33186 is zoned for Devon Aire K-8 (elementary), Arvida (middle), Miami Killian (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 12438 SW 115th Terrace, Miami, FL 33186?
Often, yes. The right offer on 12438 SW 115th Terrace, Miami, FL 33186 depends on how it's priced against comparable townhouse 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 Met Real Estate Corp.

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 June 23, 2026.

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Listed by Juan Paz, Met Real Estate Corp.

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