Additional Details

• Contact:: Benjamin Valdez 954-807-9140 bvaldez@propertyforce.com
• Potential ARV: $600,000-$630,000
• Estimated Rehab: $90,000-$120,000
• Rehab Description: For a flip/rental, this property requires a full renovation in both units. Replace the roof, remodel the kitchens, remodel the bathrooms, replace the flooring, install central a/c, apply fresh paint, and replace the siding on the outside of the home.
• Features: LOCATION LOCATION LOCATION!! This duplex is located off of the Miami River in Little Havana! Property values and rents continue to rise in this extremely desirable location. Own the CHEAPEST multi family home in the community. Located minutes from Downtown Miami, Loan Depot Park, and Coconut Grove.
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $5000
• Construction: Frame
• Comp 1: 994 NW 2nd St, Miami, FL 33128- Duplex - 3/2 - 1761 sqft Outdated (non conforming single family w/efficiency) Pending @570k
• Comp 2: 218 SW 6th Ave, Miami, FL 33130 - Duplex - 3/2 - 1444 sqft - Outdated (non conforming single family w/ efficiency) - January 2023 - Sold @ $575,000
• Comp 3: 527 SW 9th Ave, Miami, FL 33130 - Duplex - 4/3 - 1995 sqft - Rental Condition - December 2022 - Sold @ $630,000
• Comp 4: 1050 SW 9th St, Miami, FL 33130 - Duplex - 3/2 - 1821 sqft - Rental Condition - September 2022 - Sold @ $620,000
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab
• Occupancy: Call your Agent