2787 Northwest 196th Street, Miami Gardens, FL 33056
SOLD! $184,990 - Townhouse
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $280,000/$290,000
- Estimated Rehab: $40,000/$45,000
- Comparable Rent: $2,500
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 2796 NW 196th Ter, MIAMI, FL 33056 (3/1.5, 1292 sqft) SOLD $270k in JULY 2022, MLS#: A11214989 (1976 build, dated interior, new roof/ac)
- Comp 2: 2774 NW 197TH TER, MIAMI, FL 33056 (3/1.5, 1178 sqft) PENDING $299k (1975 build, very dated interior, new roof)
- Comp 3: 2779 NW 198TH TER, MIAMI, FL 33056 (3/1.5, 1406 sqft) PENDING $285k, 14 DOM (1979 build, clean basic interior)
- Comp 4: 2763 NW196TH TER, MIAMI, FL 33056 (3/1.5, 1178 sqft) ACTIVE $279k (1975 build, clean basic interior)
- Rehab Description: For a flip or rental, this needs cosmetic updates to the kitchen, bathrooms, flooring, and trim/fixtures. Appliances replaced in 2020. Central AC is 3 years old and in good working order. Roof was replaced in 2021. Upstairs interior ceiling needs attention. Deep clean interior, apply fresh interior paint, pressure wash exterior, and do some landscaping to boost curb appeal. Converting the half bathroom into a full bathroom will help to boost the ARV.
- Features: Stellar deal in Miami Gardens! This 3 bedroom CBS townhome features 1,292 sqft of living space with an oversized back patio and large backyard. Conveniently located within walking distance to Hard Rock Stadium and minutes from I-95, the Turnpike, Betty T. Ferguson Recreational Center, parks, and more. Development is on a canal and unit comes with 2 parking spaces. Don't miss out on this rare opportunity!
- Important Details: --> Post-Closing Occupancy until September 30, 2022 with $15,000 Escrow Holdback --> HOA. $40.00/mo payment + approval required
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab