Additional Details

• Ideal Investment Strategy: Resale
• Potential ARV: $680,000/$700,000
• Estimated Rehab: $40,000/$50,000
• Comparable Rent: $6,000
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 65 NW 27th Ct (6/3, 2365 sq ft) -- PENDING @ $790,000 (Clean)
• Comp 2: 235 NW 26th Ave (3/2, 1457 sq ft) -- SOLD 5/22 @ $649,000 (Clean, less than half the size of our house) Sold in 35 days!
• Comp 3: 50 NW 26th Ave (3/2, 999 sq ft) -- PENDING @ $575,000 (Clean, Nearly 2000 sq ft less than our house) Went Pending in 11 days!
• Comp 4: 170 NW 27 Ct (4/2, 2710 sq ft) -- SOLD 6/21 @ $500,000 (Totally outdated) Sold to a Cash Investor in 3 days!
• Rehab Description: This is a very easy rehab requiring basic cosmetics. The original structure was built in 1938 and was originally a 2/1 CBS structure. In 1992, the Seller obtained permits to construct a 2-story, CBS 4/2 w/ a garage. The current set up is a 4/2 main house and an ATTACHED 2/1 in-law suite w/ a kitchen. This can be a great AirBNB Rental that can house 10 occupants and enough parking for 4 cars: AirDNA gives the average daily rate $1000.00/day @ 56% Yearly Occupancy. For a flip or rental, apply fresh paint, replace the floors, remodel the kitchens, and deep clean. On the exterior, repaint, pressure wash concrete surfaces, reseal driveway area, and do minor landscaping.
• Features: Incredible investment for sale in Miami! This massive home is a SOLID Dual threat opportunity that can be flipped or rented on AirBNB. The property features over 3000 sq ft in legal building square feet, a 4/2 main house and a 2/1 attached in law suite, with incredible curb appeal, a newer roof, and tons of parking! Centrally located nearby to Miami International Airport, Marlins Stadium, and Downtown Miami!
• Important Details: On lease until December 2022 @ $2850.00/mo - This is the largest home within .5 mile
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab