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About this home
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.
Mc Allister Terrace, located between Little River and El Portal, is a residential and low-rise Miami neighborhood with mid-century streetscapes and a calm, tucked-away feel. The neighborhood’s character concentrates around NE 2nd Ave near Little River Drive, where corner markets, small studios, and takeout counters set a steady, local rhythm. Housing leans toward modest single-story homes and small multifamily buildings, with mature trees and narrow sidewalks shaping the block-by-block pace. Little River’s warehouse corridors add a light-industrial edge that contrasts with quieter interior streets. Nearby green space and waterways frame daily routines with shade and open sky.
Provided by Walk Score and Local Logic
Offer insights
2940 SW 12th St · $1,190,000
$1.16M and above
75% chance or better to win
Why $1.16M+ is a strong offer
DAYS ON MARKET
143 days
The average home goes pending in 66 days.
SALE-TO-LIST
96.0%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Updated/remodeled condition
Pantry
Walk-in closet(s)
Workshop
Bedroom on main level
Main level primary
Bedrooms
Includes a converted garage, den, guest quarters, studio and additional rooms
Bathrooms
3 full bathrooms
Kitchen
Electric range
Microwave
Dishwasher
Refrigerator
Laundry & utility
Washer
Dryer
Utility room
Flooring
Ceramic tile
Heating & cooling
Central heating
Central air
Ceiling fan(s)
Exterior features
Deck
Open patio
Porch
Fence
Apartment/guest house on the property
Home design
Single-story home
North-facing
Parking
2-car garage
Driveway with 2 covered spaces
Construction
Block construction with shingle siding
Shingle roof
Resale home
Utilities
Public water
Public sewer
Financial info
Pets allowed (cats and dogs permitted)
Electricity and solar
View estimated energy costs and solar savings for this home
The Sub-Urban Zone consists of low-Density areas, primarily comprised of Single-Family and Two Family residential units with relatively deep Setbacks, Streetscapes with swales, and with or without Sidewalks. Blocks may be large and the roads may be of irregular geometry to accommodate natural and historic conditions.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 104° expected this year, 29 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami, FL • 33135
Average low and high temperatures (°F)
75
60
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64
81
67
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91
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88
77
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81
70
78
67
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Miami. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2940 SW 12th St
$1,179,810
$10K under list price of $1.19M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $800K to $1.7M.