Overview
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About this home
12700 Wood St is a 1953-built home in Golf Estates Add 01, Miami. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,229 square feet of living space. Listed at $449,990 (about $366/sqft), 29 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
INVESTOR OPPORTUNITY IN CENTRAL MIAMI! Unlock the potential of this single-family home situated on an oversized lot in a desirable Central Miami location. Currently configured as a 4-bedroom, 2-bathroom residence, the property offers a solid starting point for an investor or buyer looking to complete renovations and add value. The kitchen and bathrooms have already been updated, while additional improvements remain to bring the property to its full potential. Enjoy a spacious yard, new fencing, and plenty of room to create a finished product that stands out in the market. The property currently has outstanding code violation warnings, which the seller is actively addressing. Buyer should conduct their own due diligence regarding the status and resolution of all violations and determine the scope of work required. **Bring your vision and your renovation strategy—this is an opportunity to take an existing property and transform it into a finished investment or personal residence.**
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Sample: 19 closed home sales in Miami over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A small sample in a thin market. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$449,990
$366 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,229 sq ft
Time on market
29 days
Year built
1953
Monthly payment
About $3,130/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,700 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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