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Miami-Dade County · Miami, FL 33142

Cash Deal in Miami, FL 33142

$885,000
5
Beds
4
Baths
2,685
Sq ft
1936
Year built
$65K spread

About this property

Property Details: Address: 2511 NW 24th St, Miami, FL 33142 Bed/Bath: Bed / 4 Bath Square Footage: 2,685 sqft Year Built: 1936 HOA Restrictions: HOA Finalizing Restrictions Multi-Unit: 5+ unit Features + Amenities: Furnished: No Pool: No Tenant Occupied: N/A Monthly Rent: N/A Est. Repairs: N/A Financing Details: Purchase Price: $885,000 Est. ARV: $950,000 PP Percent of ARV: $950,000% Monthly Payments: HOA: $200.00 Total Monthly: $200.00 Exit Scenarios: Est. Average LTR: $2,521 Est. Average STR: $13,000 Additional Details: Description: 6 units operating legally as a duplex - 3 water meters & 3 electrical meters. Fully tenant occupied with 12-month leases Unit Mix: 2 Efficiencies 1 Bed / 1 Bath Two 2 Bed / 1 Bath Main House: 3 Bed / 1 Bath Current Income: $10,500/mo Full Income Potential: $13,000/mo Semi-remodeled Walkthrough scheduled after deposit

Property snapshot

Layout5 Bed / 4 Bath
Living area2,685 sq ft
Lot size0 sq ft
Year built1936
Property typeMulti-Family
CountyMiami-Dade County

Deal details

Asking price$885,000
ARV estimate$950,000
Spread (ARV − asking)$65,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$885K
ARV est.
$950K
Spread
$65K
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M
Ms. Meriam
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