Hot Location! Perfect STR or Flip! 16% Cap Rate as STR! 120K Flip spread!

$350,000

Beds

Baths

1,224

Sq ft

1986

Year built

$100K spread

About this property

Notes: Ideal Short term rental opportunity! Projected $64,000 Yearly return as an AirBnb. Take advantage of this prime STR market at a discounted price! The property is in need of cosmetic updates but is in livable condition. Delivered vacant at close.

Comps

$580,000 (Active)
3 Bed / 3 bath
Updated
$498,000 (Active)
2 Bed / 2 Bath
Smaller than subject
Clean condition
$461,000 (Sold on 10/08/2025)
2 Bed / 2 bath
Pool
Dated
$435,000 (Sold on 08/15/2025)
3 Bed / 2 bath
Light Updates throughout

Property snapshot

Layout3 Bed / 3 Bath

Living area1,224 sq ft

Year built1986

CountyBay County

Deal details

Asking price$350,000

ARV estimate$450,000

Spread (ARV − asking)$100,000

Brought to you by

Ms. Meriam Aberri

Miami Off-Market Deals

+1 (305) 762-9521 office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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Off-market comps, the seller walkthrough packet, rent roll and terms — sent to verified buyers, usually within the hour.

The numbers

Asking

$350K

ARV est.

$450K

Spread

$100K

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