
ποΈ $999K Biscayne Park Knockdown β $5M New Build
About this property
LUXURY BUILD OPPORTUNITY - Biscayne Park, FL 33161 Knockdown opportunity with nearby luxury new builds selling as high as $5.2M. NE 111th St, Biscayne Park, FL 33161 Asking: $1,019,000 Projected New-Build Value: ~$5,000,000 Lot Size: 9,308 Sq Ft Opportunity: Knockdown / New Construction Supporting Comps 967 NE 117th St - SOLD $5.2M 1008 NE 114th St - SOLD $4.5M 824 NE 111th St - SOLD $4.4M 820 NE 111th St - ACTIVE $5.5M 739 NE 111th St - ACTIVE $5.5M Why This Deal Works Sub-$1M entry price in Biscayne Park Projected new-build value around $5M Sold comps ranging from $4.4M to $5.2M Two active listings priced at $1,019,000 Large 9,308 sq ft lot Clear knockdown and luxury new-construction strategy This is a strong opportunity for a luxury builder looking to acquire, demolish, build, and resell in Biscayne Park. Terms: Cash only. Property comes in "AS-IS" condition. Buyer pays all closing costs and escrow fees. Open escrow with $5,000 non refundable earnest deposit with a cashier's check made out to our title company of choice. Price is NET to seller. Wholesale price is a "net to seller" price. No SPDS No Clue, As-Is sale. NONE of the info above is deemed accurate and is for informational purposes only.
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