BISCAYNE PARK ESTATE VALUE-ADD | DETACHED GUEST HOUSE + POOL – $1.4M+ COMPS

BISCAYNE PARK ESTATE VALUE-ADD | $970,000 ASK | $1.425M ARV | DETACHED GUEST HOUSE + POOL | $1.4M+ SOLD COMPS

PROPERTY OVERVIEW

Location: Biscayne Park, FL 33161

Estimated ARV: $1,425,000

Property Type: Single-Family Residence

Bedrooms: 3

Bathrooms: 2

Living Area: 2,617 SqFt

Lot Size: 11,250 SqFt

Occupancy: VACANT

Advertised Features: Detached Guest House + Swimming Pool

County: Miami-Dade County, Florida

Escrow Deposit: $10,000

Transaction Type: Assignment

Target Closing: November 29, 2026

Showing Instructions: By Appointment - 24 Hours Notice

PROPERTY HIGHLIGHTS

BISCAYNE PARK ESTATE OPPORTUNITY - ACQUIRE AT $970,000% OF PROJECTED ARV WITH REPORTED SOLD COMPS UP TO $1.45 MILLION!

Attention South Florida cash buyers, luxury fix-and-flip investors, and value-add investors!

This vacant 3-bedroom, 2-bathroom residence in Biscayne Park offers an opportunity to acquire a property on an 11,250 SqFt lot at a substantial discount to its projected after-repair value.

With an asking price of $970,000 and estimated ARV of $1,425,000, the property presents potential for renovation and resale. The advertised detached guest house and swimming pool may provide additional appeal to future buyers.

WHY INVESTORS SHOULD TAKE A CLOSER LOOK

$475,000 Gross Difference to ARV: Potential spread between asking price and projected resale value before renovation and transaction expenses.

66.7% of ARV: Asking price represents approximately two-thirds of projected after-repair value.

$1,425,000+ Sold Comps: Two reported comparable sales at $1,399,000 and $1,450,000.

2,617 SqFt Living Area: Substantial existing residence with renovation potential.

11,250 SqFt Lot: Generous outdoor space for landscaping and improvements.

Detached Guest House: Advertised additional structure that may offer flexibility for guests or other permitted uses.

Swimming Pool: Advertised amenity that may enhance the property's resale appeal, subject to verification.

Vacant Property: No tenant relocation required based on reported occupancy.

Biscayne Park Location: Established residential neighborhood with access to surrounding Miami destinations.

• INVESTMENT STRATEGY: FIX & FLIP | ESTATE RENOVATION | VALUE-ADD
• REPAIRS NEEDED
• ESTATE RENOVATION / VALUE-ADD OPPORTUNITY

The property is being marketed as a renovation opportunity for investors seeking to reposition a larger residence in the Biscayne Park market.

Potential renovation considerations include

• Kitchen modernization and appliance upgrades
• Bathroom renovations and updated fixtures
• Flooring, interior painting, lighting, and finishes
• Exterior improvements, landscaping, and curb appeal
• Roof, HVAC, electrical, and plumbing systems
• Windows, doors, and structural condition
• Detached guest house condition and permitted use
• Swimming pool condition, equipment, and necessary improvements
• Additional repairs identified during property inspection

Estimated Repair Costs: To be determined following inspection and contractor assessment.

The items above are suggested inspection areas, not confirmed defects.

• ARV BREAKDOWN & SOLD COMPARABLES
• ESTIMATED AFTER REPAIR VALUE: $1,425,000
• COMP #1 - 971 NE 116th Street, Biscayne Park, FL
• Reported Sold Price: $970,000
• Condition: Renovated
• Feature: Swimming Pool
• Sale Date: To be verified
• Living Area: To be verified
• COMP #2 - 730 NE 116th Street, Biscayne Park, FL
• Reported Sold Price: $970,000
• Condition: Outdated
• Feature: Swimming Pool
• Sale Date: To be verified
• Living Area: To be verified
• ARV ANALYSIS
• Lowest Reported Sold Comp: $1,399,000
• Highest Reported Sold Comp: $1,450,000
• Estimated ARV: $1,425,000
• Asking Price as Percentage of ARV: $1,425,000%
• Gross Difference Between Asking Price and ARV: $1,425,000
• Estimated Renovation Costs: Pending
• Projected Net Profit: To Be Determined

The projected $1,425,000 ARV falls within the range of the two reported comparable sales.

The $475,000 gross difference is not projected profit. Renovation, financing, holding, closing, and resale expenses must be deducted.

• INVESTMENT POTENTIAL
• FIX & FLIP OPPORTUNITY

Acquire at $970,000, complete an appropriate renovation, and pursue resale based on verified comparable sales and the property's finished condition.

• DETACHED GUEST HOUSE POTENTIAL

The advertised detached guest house may provide additional utility and appeal to future occupants.

• Whether the structure is legally permitted
• Its approved use and occupancy classification
• Whether its square footage is included in the reported living area
• Utility connections and building-code compliance
• Whether rental or accessory dwelling use is permitted

No separate rental unit or rental income is represented or guaranteed.

• POOL & OUTDOOR VALUE-ADD

The 11,250 SqFt lot and advertised pool provide opportunities to evaluate landscaping, outdoor entertaining areas, and exterior improvements.

Any proposed improvements are subject to property condition, permitting, and municipal requirements.

• SHOWING & OFFER INSTRUCTIONS
• VACANT PROPERTY - SHOWINGS BY APPOINTMENT
• Escrow Deposit: $10,000
• Estimated ARV: $1,425,000
• Target Closing: November 29, 2026
• 24 Hours Notice Required
• Full Property Address: Available Upon Request

Cash and qualified investor offers welcome.

• CONTACT HOMESELLERS INVESTMENTS
• DISCLAIMER