Additional Details

• Important Details: --> Vacant at close --> 598 SQFT detached garage that was turned into a 1/1 mother in law suite
• Features: Opportunity in the Heart of Miami! This unique property will be delivered vacant at close and offers strong value-add potential in one of Miami’s most desirable locations — just minutes from Downtown Miami, Wynwood, and the Design District. The main home features a 2/1 layout with 1,230 SQFT of living space, while a 598 SQFT detached garage has been converted into a 1/1 mother-in-law suite. Zoned 5700 (Multi-Family) with no HOA restrictions, this property provides flexibility for investors looking to maximize rental potential or reposition for resale. Prime location, multi-unit setup, and no HOA make this a rare opportunity in the heart of Miami.
• Potential ARV: $580,000-$600,000
• Rehab Description: The main home is a 2/1 offering 1,230 SQFT of living space. To maximize resale value, it is recommended to fully gut the interior and reconfigure the layout into a functional 3/2, replace the roof, and install central AC to meet buyer expectations in this market. The 598 SQFT detached garage that was previously converted into a 1/1 mother-in-law suite should also be fully renovated and reconfigured into a clean, modern 1/1 MIL to maximize usability and overall value. With the right layout improvements and full renovation, this property has strong upside potential.
• Comparable Rent:
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 1884 NW 21st Ter Miami, FL 33142 2/1 1150 SQFT 1939 Build SOLD @ $650,000 8/3/25 (Investor sale)
• Comp 2: 1344 NW 34th St MIAMI, FL 33142 4/2 1794 SQFT 1928 Build SOLD @ $510,000 6/3/25 (3/1 with a 1/1/dated)
• Comp 3: 3040 NW 21st Ct MIAMI, FL 33142 3/2 1519 SQFT 1957 Build SOLD @ $580,000 9/11/25 (Clean but Dated)
• Comp 4: 2479 NW 26th St MIAMI, FL 33142 4/3 1118 1930 Build SOLD @ $585,000 10/3/25 (3/2 and a 1/1 MIL Suite/fully updated)
• Comp 5: 1521 NW 31st St MIAMI, FL 33142 3/2 1123 SQFT 1949 Build SOLD @ $587,000 3/17/25 (Some updates)
• Comp 6: 1940 NW 27th St Miami, FL 33142 3/2 1396 SQFT 1926 Build SOLD @ $550,000 11/16/25 (Updated inside)
• Comp 7: 2162 NW 26th St Miami, FL 33142 4/2 1650 SQFT 1926 Build SOLD @ $480,000 9/9/25 (3/1 and the 1/1 is a storage unit on tax record/dated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money