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2227 NW 48th St. Miami FL, 33142
2227 NW 48th St. Miami FL, 33142
SOLD! $299,990 - Single Family
1076 sq ft 2 Bedrooms 2 Bathrooms 1958 Year Built

Additional Details

  • Features: TEXTBOOK FLIP IN BROWNSVILLE!! This two bedroom, two bathroom CBS house features 1,076 living sqft, and sits on a 5,720 sqft lot. Highly desirable location within minutes away from major highways, Miami International Airport, shops, and restaurants.. Don't miss out on the opportunity to enter this market at a nearly impossible-to-find price where the properties are moving in less than 30 days on the market!
  • Rehab Description: For a flip, this property will require a full renovation. On the outside, replace the roof, replace the central AC, apply fresh paint, and apply landscaping to boost curb appeal. On the interior, repaint throughout, replace the floors, remodel the kitchen, remodel the bathroom, and deep clean.
  • Estimated Rehab: $40,000-$50,000
  • Potential ARV: $430,000-$450,000
  • Important Details: --> NO HOA -->The property is being offered with a 14 day post-closing occupancy. ($10,000 holdback)
  • Ideal Investment Strategy: Rental/Resale
  • Construction: CBS
  • Comp 1: 5100 NW 25th Ave, Miami, FL 33142 3/2 1240 SQFT 1949 Build PENDING @ $450,000 (5 days on the market) (2/1 on tax record, slightly bigger, basic updates throughout)
  • Comp 2: 1468 NW 42nd St, Miami, FL 33142 3/2 1064 SQFT 1939 Build PENDING @ $449,959 (12 days on the market) (2/1 on tax record, clean but dated property)
  • Comp 3: 2748 NW 48th St, Miami, FL 33142 4/2 1190 SQFT 1936 Build SOLD @ $425,000 06/16/2023 (21 days on the market) (2/1 on tax record, cleaned up and thrown back on the market)
  • Comp 4: 3080 NW 48th Ter, Miami, FL 33142 3/2 1007 SQFT 1957 Build SOLD @ $ 422,000 05/18/2023 (4 days on the market) (2/1 on tax record, basic updates throughout)
  • Occupancy: Call your Agent
Property Location

Benjamin Valdez

Contact

Benjamin Valdez