$1,610,000 - $1,852,000
RENTED MAR 1, 2025

12505 SW 71st Ave Miami, FL 33156

4 Beds
3 Baths
2,519 Sq Ft
$672 Price per Sq Ft

Last Sold December 09, 2024

Last sale price $1,609,000 $639 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,980/month

Highlights

  • In Ground Pool
  • Home fronts a canal
  • No HOA
  • Palmetto Elementary School Rated A
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of March 2025

Discover this stunning 4-bedroom, 3-bathroom canal-front home in the heart of Pinecrest! Set on a 15,500+ sq. ft. lot, it features over 3,500 sq. ft. of well-designed space. The open floor plan seamlessly connects the living, dining, and kitchen areas, perfect for entertaining. Step outside to a sparkling pool and tranquil canal views, ideal for relaxation. A 2017 roof and full-home generator offer year-round peace of mind. Located in the sought-after Palmetto school district and close to top private schools, this home combines space, style, and Pinecrest’s best conveniences!

Last Agent to Rent the Property

Jonathan Vega

One Sotheby's International Realty License #3330857 Listed on: 12/23/2024

One Sotheby's International Realty

Last Renter's Agent

Anthony Spitaleri

EXP Realty LLC License #3281907

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,654

Year Built

  • Built in 1962

Lot Details

  • 0.36 Acre Lot
  • 125 Ft Wide Lot
  • Home fronts a canal
  • East Facing Home
  • Fenced
  • Property is zoned 2100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,519 Sq Ft Home
  • Family Room
  • Canal Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio
  • Outdoor Grill

Schools

  • Palmetto Elementary And Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Fairmont Acres Sec 1 Subdivision

Listing and Financial Details

  • Property Available on 12/23/24
  • 12 Months Lease Term
  • Assessor Parcel Number 20-50-14-035-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,654

Year Built

Built in 1962

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-12-23
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: FAIRMONT ACRES SEC 1
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Family Room
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Terrazzo, Tile
  • Furnished: Unfurnished
  • Living Area: 2519
  • Other Equipment: Automatic Garage Door Opener
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Snack Bar/Counter
  • Living Room Features: Family Room

Exterior Features

  • Roof: Shingle
  • View: Canal
  • Exterior Features: Barbeque, Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: FAIRMONT ACRES SEC 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Palmetto
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 20-50-14-035-0030
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 15507
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Dec 6, 2024
Sold by
Martin Frank C and Sladic Allyson M
Bought by
Garrigo Erik
Seller's Agent
Scott Shuffield
BHHS EWM Realty
Buyer's Agent
Jonathan Vega
One Sotheby's International Realty
List Price
$1,695,000
Sold Price
$1,609,000
Premium/Discount to List
-$86,000
-5.07%
Views
24
Current Estimated Value
$1,691,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,449
Avg. Annual Appreciation
8.73%
Original Mortgage
$1,000,000
Outstanding Balance
$992,057
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$706,893

Purchase Details

Closed on
Nov 14, 2018
Sold by
Martin Frank C
Bought by
Martin Frank C

Purchase Details

Closed on
Nov 13, 2018
Sold by
Sladic Allyson Martin
Bought by
Martin Frank C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garrigo Erik $1,609,000 None Listed On Document
Martin Frank C -- Attorney
Martin Frank C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrigo Erik $1,000,000
Previous Owner Martin Frank C $1,233,562
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 Rented $6,250 -3.8% --
02/18/2025 02/18/25 Under Contract -- -- --
12/23/2024 12/23/24 For Rent $6,500 0.0% --
12/09/2024 12/09/24 Sold $1,609,000 -5.1% $639 / Sq Ft
10/21/2024 10/21/24 For Sale $1,695,000 -- $673 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,654 $1,207,586 $821,871 $385,715
2024 $7,206 $426,150 -- --
2023 $7,206 $413,738 $0 $0
2022 $6,949 $401,688 $0 $0
2021 $6,913 $389,989 $0 $0
2020 $6,834 $384,605 $0 $0
2019 $6,709 $375,958 $0 $0
2018 $6,409 $368,948 $0 $0
2017 $6,207 $361,360 $0 $0
2016 $6,173 $353,928 $0 $0
2015 $6,245 $351,468 $0 $0
2014 $6,321 $348,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11713517

MIAMI REALTORS® MLS

APN: 20-5014-035-0030