PRIME MIAMI 3 & 2 VALUE PLAY - DUPLEX CONVERSION POTENTIAL - $1M+ COMPS

PRIME MIAMI 3/2 VALUE-ADD | $740,000 ASK | $1.145M ARV | $1M+ SOLD COMPS | DUPLEX CONVERSION POTENTIAL

PROPERTY OVERVIEW

Location: Miami, FL 33145

Estimated ARV: $1,145,000

Property Type: Single-Family Residence

Bedrooms: 3

Bathrooms: 2

Living Area: 1,291 SqFt

Lot Size: 5,500 SqFt

Occupancy: VACANT

County: Miami-Dade County, Florida

Escrow Deposit: $10,000

Transaction Type: Assignment

Target Closing: December 14, 2026

Showing Instructions: By Appointment - 24 Hours Notice

PROPERTY HIGHLIGHTS

PRIME MIAMI INVESTMENT OPPORTUNITY - ACQUIRE AT $740,000% OF PROJECTED ARV WITH REPORTED SOLD COMPS EXCEEDING $1 MILLION!

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

This vacant 3-bedroom, 2-bathroom single-family residence in Miami's 33145 ZIP code presents an opportunity to acquire a property significantly below its projected after-repair value.

Offered at $740,000 with an estimated ARV of $1,145,000, this property offers potential for renovation, resale, and exploration of a duplex conversion, subject to zoning and municipal approval.

WHY INVESTORS SHOULD TAKE A CLOSER LOOK

$425,000 Gross Difference to ARV: Difference between asking price and projected resale value before renovation and transaction expenses.

62.9% of ARV: Acquisition price represents approximately 63% of the projected after-repair value.

$1,145,000+ Reported Sold Comps: Provided comparable sales of $1,089,000 and $1,200,000.

Duplex Conversion Potential: Opportunity to investigate a legal two-unit configuration, subject to zoning, permits, and feasibility.

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

3 Bedrooms / 2 Bathrooms: Existing layout offers potential for residential renovation.

1,291 SqFt Living Area: Opportunity to modernize and reposition the residence.

5,500 SqFt Lot: Potential for exterior improvements or permitted modifications.

Multiple Exit Strategies: Fix and flip, renovate and hold, or explore conversion feasibility.

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

The property is marketed as an investment opportunity with renovation and potential conversion upside.

Buyers should evaluate

• Kitchen modernization and appliance upgrades
• Bathroom renovations and updated fixtures
• Flooring, painting, lighting, and interior finishes
• Exterior improvements and curb appeal
• Roof, HVAC, plumbing, and electrical systems
• Windows, doors, and structural condition
• Layout modifications, if considering a duplex conversion
• sZoning, permitting, and building-code requirements
• Any additional repairs identified during inspection

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

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

• ARV BREAKDOWN & SOLD COMPARABLES
• ESTIMATED AFTER REPAIR VALUE: $1,145,000
• COMP #1 - 3210 SW 19th Terrace, Miami, FL
• Reported Sold Price: $740,000
• Sale Date: To be verified
• Property specifications and condition: To be verified
• COMP #2 - 2332 SW 19th Terrace, Miami, FL
• Reported Sold Price: $740,000
• Sale Date: To be verified
• Property specifications and condition: To be verified
• ARV ANALYSIS
• Lowest Reported Sold Comp: $1,089,000
• Highest Reported Sold Comp: $1,200,000
• Estimated ARV: $1,145,000
• Asking Price as Percentage of ARV: $1,145,000%
• Gross Difference Between Asking Price and ARV: $1,145,000
• Estimated Renovation Costs: Pending
• Projected Net Profit: To Be Determined

The projected $1,145,000 ARV falls within the range of the two reported comparable sales.

The $425,000 gross difference is not projected profit. Renovation, financing, holding, closing, and resale expenses must be considered.

• INVESTMENT POTENTIAL
• FIX & FLIP OPPORTUNITY

Acquire at $740,000, complete an appropriate renovation, and pursue resale based on verified comparable sales and the property's finished condition.

• POTENTIAL DUPLEX CONVERSION

Explore the feasibility of converting the existing single-family residence into a legal duplex.

• Current zoning and permitted residential density
• Whether two residential units are legally permitted
• Minimum unit sizes and building-code requirements
• Parking, setbacks, and lot coverage
• Utility and separate-meter requirements
• Architectural, engineering, and permitting costs
• Potential rental income and completed property value

No duplex conversion approval or entitlement is represented or guaranteed.

• BUY & HOLD OPPORTUNITY

Evaluate the property for long-term rental use following improvements.

• SHOWING & OFFER INSTRUCTIONS
• VACANT PROPERTY - SHOWINGS BY APPOINTMENT
• Escrow Deposit: $10,000
• Estimated ARV: $1,145,000
• Target Closing: December 14, 2026
• 24 Hours Notice Required
• Full Property Address: Available Upon Request

Cash and qualified investor offers welcome.

• CONTACT HOMESELLERS INVESTMENTS
• DISCLAIMER