Price Check
How this price compares
- List price
- $1,249,000
- Price per sq ft
- $497
- Vs. nearby sales
- 7.1% below
- Days on market
- 105
This 4-bedroom single-family home in Mcallister Terr is listed at $1,249,000, or $497 per square foot. The asking price has come down 10.1% from its original $1,390,000. It has been on the market for 105 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $535 per square foot, so the asking price is 7.1% below what comparable homes here actually sold for.
Estimated monthly payment
$6,564 /mo
Principal and interest only, based on $249,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,249,000
- Days on Site
- 105 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 2,512 sqft
- Total Sq Ft
- 2,828 sqft
- Lot Size
- 0.16 Acres
- Year Built
- 1950
- Property Type
- Single Family
- MLS #
- A12041359
- Property Tax
- $13,910 (2024)
- Subdivision
- MCALLISTER TERR
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Corporate Listing / Listed As Is
About This Property
OWNER FINANCING AVAILABLE AT 7.5% APR! SELLER IS WILLING TO CONTRIBUTE UP TO 3% TOWARD BUYER'S CLOSING COSTS WITH AN ACCEPTABLE OFFER. Beautifully renovated modern home in the heart of Miami offering 4 bedrooms and 3.5 bathrooms, including a private detached guest suite. The separate suite provides the perfect space for extended family, guests, a home office, or the opportunity to generate additional rental income. The main residence features bright open living areas, a sleek contemporary kitchen with custom cabinetry and stainless steel appliances, spa-inspired bathrooms, and a spacious walk-in closet. Enjoy a large covered terrace overlooking a generous backyard ideal for entertaining or relaxing. Gated front entry provides privacy and curb appeal. Prime location just minutes from Brickell, Downtown Miami, Coral Gables, and major highways, offering the perfect blend of comfort, style, and convenience.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1950
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Parking
- Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0.16
- Living Sq Ft
- 2,512
- Total Sq Ft
- 2,828
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 5700
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Ceramic Tile
- Interior Features
- Bedroom On Main Level / Main Level Primary / Pantry / Walk In Closets
- Total Rooms
- 4
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area
- Architectural Style
- Contemporary
- Patio & Porch
- Deck / Patio / Porch
- View
- Garden
Community & HOA
- Association Amenities
- Other
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- No Restrictions
- MLS Area
- 2410
Schools
- Elementary School
- Auburndale
- Middle School
- Ponce De Leon
- High School
- Coral Gables
About the Community
Mcallister Terr is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $1,400,000 to $1,500,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Mcallister Terr 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
- 5
- Median List Price
- $1,372,000
- Median $/Sq Ft
- $499
- Avg Days on Market
- 113
Frequently Asked Questions
- How do I schedule a tour of 2940 SW 12th Street, Miami, FL 33135?
- Use the Tour button on this listing to request a showing of 2940 SW 12th Street, Miami, FL 33135. 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 2940 SW 12th Street, Miami, FL 33135 still available?
- 2940 SW 12th Street, Miami, FL 33135 is currently listed as Active, and has been on the market 105 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 2940 SW 12th Street, Miami, FL 33135?
- With 20% down ($249,800) on the $1,249,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2940 SW 12th Street, Miami, FL 33135 is about $6,564/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 2940 SW 12th Street, Miami, FL 33135?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2940 SW 12th Street, Miami, FL 33135. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 2940 SW 12th Street, Miami, FL 33135?
- 2940 SW 12th Street, Miami, FL 33135 is zoned for Auburndale (elementary), Ponce De Leon (middle), Coral Gables (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 2940 SW 12th Street, Miami, FL 33135?
- Often, yes. The right offer on 2940 SW 12th Street, Miami, FL 33135 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 DCH Real Estate
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.
$1,249,000
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Listed by Colleen Chavarria, DCH Real Estate
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Recent Sales
Recently sold homes in Mcallister Terr
These are the last 3 recorded closings in Mcallister Terr, with the price each home actually sold for rather than what it was listed at. They closed at a median of $535 per square foot. The most recent closed on June 5, 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$1,025,000
Sold · June 5, 2026
3111 SW 15th Street
3 bed · 2 bath · 1,349 sqft · $760/sqft
$50,000 under the asking price
Sold$619,000
Sold · May 6, 2026
2945 SW 16th Street
3 bed · 1 bath · 1,156 sqft · $535/sqft
Sold$990,000
Sold · March 30, 2026
2935 SW 13th Street
4 bed · 3 bath · 2,484 sqft · $399/sqft
$98,900 under the asking price
See every recorded sale in Mcallister Terr or find out what your Mcallister Terr home is worth.
