$3,250,000
5940 SW 120th Street
Explore the area: Pinecrest homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $3,250,000
- Price per sq ft
- $903
- Original price
- $3,500,000
- Days on market
- 398
This 5-bedroom single-family home in Town & Ranch Ests went under contract with an asking price of $3,250,000, or $903 per square foot. The asking price has come down 7.1% from its original $3,500,000. It spent 398 days on the market before going under contract.
Estimated monthly payment
$17,080 /mo
Principal and interest only, based on $650,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $3,250,000
- Days on Site
- 398 Days
- Bedrooms
- 5
- Total Baths
- 4
- Full Baths
- 4
- Partial Baths
- 0
- Living Area
- 3,599 sqft
- Total Sq Ft
- 5,409 sqft
- Lot Size
- 0.91 Acres
- Year Built
- 1968
- Property Type
- Single Family
- MLS #
- A11861792
- Property Tax
- $31,369 (2025)
- Subdivision
- TOWN & RANCH ESTS
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Exceptional opportunity to own a premier 39,639 sq ft property in one of Pinecrest’s most sought-after neighborhoods, just moments from Aleyda Mas Park. Framed by mature oak trees and set on nearly an acre, this 5-bedroom, 4-bath residence offers privacy, space, and exceptional long-term value. The open-concept floor plan features impact windows and floor-to-ceiling glass that fill the interiors with natural light and create a seamless connection to the outdoors. Spacious living and dining areas flow to a covered terrace overlooking the pool, ideal for entertaining and everyday living. The expansive primary suite features dual walk-in closets and an adjoining flex room perfect for a nursery, home gym, private office, or sitting room. A rare opportunity offering generous grounds, beautiful surroundings, and endless possibilities in a prime Pinecrest location.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1968
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Parking
- Circular Driveway / Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0.91
- Living Sq Ft
- 3,599
- Total Sq Ft
- 5,409
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 2300
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile / Vinyl
- Interior Features
- Breakfast Bar / Built In Features / Bedroom On Main Level / Closet Cabinetry / Dual Sinks / Kitchen Island / Living Dining Room / Main Level Primary / Separate Shower / Walk In Closets
- Windows
- Blinds
- Total Rooms
- 3
Exterior Features
- Construction
- Block
- Roof
- Flat / Tile
- Exterior Features
- Lighting / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Patio
- Lot Features
- Sprinkler System
- View
- Other / Pool
Community & HOA
- Association Amenities
- Maintenance / Other
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 2500
Schools
- Elementary School
- Pinecrest
- Middle School
- Palmetto
- High School
- Miami Palmetto
About the Community
Town & Ranch Ests is an age-restricted 55+ community in Pinecrest, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $3,400,000 to $19,800,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Town & Ranch Ests 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
- 2
- Under Contract
- 1
- Median List Price
- $12,425,000
- Median $/Sq Ft
- $1,013
- Avg Days on Market
- 102
Frequently Asked Questions
- How do I schedule a tour of 5940 SW 120th Street, Pinecrest, FL 33156?
- Use the Tour button on this listing to request a showing of 5940 SW 120th Street, Pinecrest, FL 33156. 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 5940 SW 120th Street, Pinecrest, FL 33156 still available?
- 5940 SW 120th Street, Pinecrest, FL 33156 is currently listed as Under Contract, and has been on the market 398 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 5940 SW 120th Street, Pinecrest, FL 33156?
- With 20% down ($650,000) on the $3,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5940 SW 120th Street, Pinecrest, FL 33156 is about $17,080/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 5940 SW 120th Street, Pinecrest, FL 33156?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5940 SW 120th Street, Pinecrest, FL 33156. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 5940 SW 120th Street, Pinecrest, FL 33156?
- 5940 SW 120th Street, Pinecrest, FL 33156 is zoned for Pinecrest (elementary), Palmetto (middle), Miami Palmetto (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 5940 SW 120th Street, Pinecrest, FL 33156?
- Often, yes. The right offer on 5940 SW 120th Street, Pinecrest, FL 33156 depends on how it's priced against comparable single family sales in Pinecrest, 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 One Sotheby's International 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 June 23, 2026.
$3,250,000
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Listed by Michael Martinez, One Sotheby's International Realty
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Recent Sales
Recently sold homes in Town & Ranch Ests
These are the last 4 recorded closings in Town & Ranch Ests, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,058 per square foot. The most recent closed on September 4, 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$2,950,000
Sold · September 4, 2026
12330 Pine Needle Lane
4 bed · 3 bath · 2,866 sqft · $1,029/sqft
$250,000 under the asking price
Sold$3,375,000
Sold · August 21, 2026
12050 Moss Ranch Road
4 bed · 4 bath · 3,191 sqft · $1,058/sqft
$225,000 under the asking price
Sold$6,575,000
Sold · August 18, 2026
12220 Rock Garden Lane
7 bed · 5.5 bath · 6,065 sqft · $1,084/sqft
$375,000 under the asking price
Sold$2,785,000
Sold · December 5, 2025
12535 SW 60th Court
6 bed · 5 bath · 4,405 sqft · $632/sqft
$210,000 under the asking price
See every recorded sale in Town & Ranch Ests or find out what your Town & Ranch Ests home is worth.
