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716 SE 12th Terrace, Homestead, FL 33033
Under Contract
71 Days on Market
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How this price compares

Asking price
$599,000
Price per sq ft
$413
Vs. nearby sales
24.8% above
Days on market
71

This 3-bedroom single-family home in Tennessee Estates went under contract with an asking price of $599,000, or $413 per square foot. The asking price has come down 2.6% from its original $615,000. It spent 71 days on the market before going under contract. The 5 most recent single-family home sales in the closings shown below sold at a median of $331 per square foot, so the asking price was 24.8% above what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,449
Living Sq Ft
2005
Year Built

Estimated monthly payment

$3,148 /mo

Principal and interest only, based on $119,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$599,000
Days on Site
71 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,449 sqft
Total Sq Ft
1,836 sqft
Lot Size
0.24 Acres
Year Built
2005
Property Type
Single Family
MLS #
A12026229
Property Tax
$1,404 (2025)
Subdivision
TENNESSEE ESTATES
County
Miami Dade
Status
Under Contract
Special Conditions
Listed As Is

About This Property

This charming 3-bedroom, 2-bath home sits on an expansive 10,451 sq. ft. lot surrounded by lush landscaping, beautiful fruit trees, and towering coconut palms. Embrace the South Florida lifestyle from the oversized terrace -the perfect setting for Sunday family gatherings, outdoor entertaining, or simply relaxing in your own tropical retreat.Inside, the home offers generous living spaces ideal for entertaining, while the spacious backyard provides plenty of room for a pool, boat, and RV.Conveniently located near US-1, the Turnpike, the outlet mall, and only 30 miles to Key Largo, the Florida Keys.Additional features include a 5-year-old HVAC system and water heater, a reverse osmosis system, an irrigation system and a built-in grill (aka Caja China).

MLS media link

General Features

Property Type
Single Family
Status
Under Contract
Year Built
2005
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
0
Parking
Driveway
Direction Faces
East
Lot Size (Acres)
0.24
Living Sq Ft
1,449
Total Sq Ft
1,836
Sewer
Public Sewer
Water Source
Public
Zoning
3000

Interior Features

Appliances
Dryer / Dishwasher / Microwave / Refrigerator / Washer
Cooling
Central Air / Ceiling Fans
Heating
Central
Flooring
Ceramic Tile
Interior Features
Bedroom On Main Level

Exterior Features

Construction
Block
Roof
Barrel
Exterior Features
Built In Barbecue / Barbecue / Outdoor Living Area
Patio & Porch
Patio
Lot Features
Fruit Trees

Community & HOA

Association Amenities
None
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
See Remarks
MLS Area
2790

Schools

Elementary School
Gateway Environmental K-8 Learning Center
Middle School
Homestead
High School
Homestead
Homes for Sale
6
Under Contract
1
Median List Price
$577,000
Median $/Sq Ft
$365
Avg Days on Market
82
View all 6 homes for sale in Tennessee Estates →
How do I schedule a tour of 716 SE 12th Terrace, Homestead, FL 33033?
Use the Tour button on this listing to request a showing of 716 SE 12th Terrace, Homestead, FL 33033. 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 716 SE 12th Terrace, Homestead, FL 33033 still available?
716 SE 12th Terrace, Homestead, FL 33033 is currently listed as Under Contract, and has been on the market 71 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 716 SE 12th Terrace, Homestead, FL 33033?
With 20% down ($119,800) on the $599,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 716 SE 12th Terrace, Homestead, FL 33033 is about $3,148/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 716 SE 12th Terrace, Homestead, FL 33033?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 716 SE 12th Terrace, Homestead, FL 33033. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 716 SE 12th Terrace, Homestead, FL 33033?
716 SE 12th Terrace, Homestead, FL 33033 is zoned for Gateway Environmental K-8 Learning Center (elementary), Homestead (middle), Homestead (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 716 SE 12th Terrace, Homestead, FL 33033?
Often, yes. The right offer on 716 SE 12th Terrace, Homestead, FL 33033 depends on how it's priced against comparable single family sales in Homestead, 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 Phantom 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.

$599,000

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Listed by Jisele Hernandez, Phantom Real Estate

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