Additional Details

• Important Details: --> Main Unit is a 2/1 and the rear unit is a 1/1 --> Main unit will have a 14-Day Post Occupancy $10K in escrow holdback --> Rear unit is rented on a lease @ $1200/MO until 05/31/2027
• Features: CBS duplex opportunity in Miami! Total of 965 SQFT featuring a 2/1 main unit (725 SQFT) and a separate 1/1 rear unit (240 SQFT). The rear unit is currently rented at $1,200/MO through 05/31/2027, providing immediate income, while the main unit will be delivered with a 14-day post-occupancy agreement backed by a $10,000 escrow holdback. Conveniently located near schools, parks, shopping, and just minutes from Wynwood, the Design District, Midtown, and Downtown Miami. The property features a large screened-in lanai, fenced yard, and both structures are CBS construction. Zoned 5700, allowing for either single-family or multifamily use, providing flexibility for investors.
• Potential ARV: $480,000-$500,000
• Rehab Description: For a rental strategy, the rear 1/1 unit is already in rental-grade condition and leased at $1,200/MO through May 31, 2027, providing immediate income. To maximize rental income and overall property value, it is recommended to replace the roof and complete a full interior update of the main 2/1 unit, including the kitchen, bathroom, flooring, paint, fixtures, and finishes. Once renovated, the main unit has an estimated rental potential of approximately $2,300–$2,500/MO, creating a strong cash-flow opportunity with combined rents of up to $3,700/MO. This is an excellent value-add property with multiple exit strategies, including long-term hold, house-hack, or future redevelopment potential.
• Comparable Rent: $3500-$3700/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 1846 NW 49th St MIAMI, FL 33142 3/2 860 SQFT 1954 Build PENDING @ $499,000 (Smaller/updated without a rear unit)
• Comp 2: 1945 NW 51 St Ter MIAMI, FL 33142 3/2 1051S SQFT 1938 Build PENDING @ $444,999 (Updated/also has an attached studio/updated)
• Comp 3: 1850 NW 53rd St MIAMI, FL 33142-3735 2/1 891 SQFT 1948 Build SOLD @ $445,360 5/27/26 (No rear unit/fully updated)
• Comp 4: 1310 NW 42nd St MIAMI, FL 33142 3/1 1020 SQFT 1939 Build SOLD @ $456,000 12/23/25 (No rear unit/updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money