Additional Details

• Features: Textbook flip in sought out after PALMETOO ESTATES in Miami?! This four bedroom, two bathroom is boasting 1960 living sqft, and sitting on a 12,156 sqft CORNER lot. Being offered with instant equity, VACANT AT CLOSE, and has excellent upside potential as a flip! Located minutes away from FL Turnpike, US-1 shops, restaurants, and shops. Don't miss out on the opportunity to enter this market at a nearly impossible-to-find price
• Potential ARV: $580,000-$600,000
• Rehab Description: For a flip or rental, this property will require a full renovation. Start on the outside by replacing the roof and replacing the AC unit. Modernize the interior by updating the flooring, kitchen, baths, and fixtures/trim. Apply interior/exterior fresh paint and deep clean. Finish up with landscaping to boost curb appeal!
• Estimated Rehab: $60,000-$70,000
• Important Details: --> Vacant at close! -->NO HOA!
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $4000/MO
• Construction: CBS
• Comp 1: 16332 SW 111th Ave, Miami, FL 33157 4/2 1536 SQFT 1983 Build PENDING @ $599,000 (Smaller/some updates throughout)
• Comp 2: 16633 SW 107th Pl, Miami, FL 33157 4/2 1921 SQFT 1973 Build SOLD @ $604,000 10/11/23 (12 days on the market) (Similar size, dated)
• Comp 3: 15530 SW 104th Ave, Miami, FL 33157 4/2 1348 SQFT 1966 Build SOLD @ $600,000 10/18/23 (5 days on the market) (Smaller/dated)
• Comp 4: 11100 SW 160th St, Miami, FL 33157 4/2 1848 SQFT 1979 Build SOLD @ $575,000 10/11/23 (Sold 10k above ask) (Similar size/dated)
• Comp 5: 11260 SW 164th St, Miami, FL 33157 3/2 1743 SQFT 1980 Build PENDING @ $559,000 (One less bedroom/smaller/some updates)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab
• Occupancy: VACANT AT CLOSE!