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Miami-Dade County · Miami, FL 33162

Miami Dade Property

$419,900
3
Beds
2
Baths
1,264
Sq ft
1952
Year built
$130K spread

About this property

3-bedroom, 2-bath single-family home. This property is mostly renovated with the major systems already updated, leaving a clear path for an investor to finish the remaining work and unlock additional value. Major Updates - 2023:
 Roof, Electrical, Plumbing, A/C, Water Heater. The heavy lifting is largely done. The remaining opportunity is centered around the bathrooms, permitting, and bringing the property into its desired legal configuration. Current Configuration: 3/2. ARV: $550,000 - 3/2. ARV: $550,000 - 3/1.

There is an open permit for the second bathroom.

Open Permit: Second bathroom has an open permit, needs to be finished and permit closed.

Path 1: Convert back to a legal 3/1

Path 2: Convert to a legal 3/2

Property snapshot

Layout3 Bed / 2 Bath
Living area1,264 sq ft
Lot size8,428 sq ft
Year built1952
Property typeSF Home
CountyMiami-Dade County

Deal details

Asking price$419,900
ARV estimate$550,000
Spread (ARV − asking)$130,100
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
$420K
ARV est.
$550K
Spread
$130K
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M
Ms. Meriam
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