Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $825,000/$850,000
• Estimated Rehab: $45,000/$55,000
• Comparable Rent: $2,700
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 3635 SW 16th St (Duplex, 1849 sq ft) -- PENDING @ $830,000 (Updated, 1400 sq ft smalleR)
• Comp 2: 3655 SW 16th St (Duplex, 1680 sq ft) -- SOLD 2/22 @ $703,250 (Updated, 1200 sq ft smaller) Sold in 1 day!
• Comp 3: 2968 SW 23rd Ter (Duplex, 2957 sq ft) -- SOLD 12/21 @ $758,000 (Outdated) Sold to a cash buyer!
• Rehab Description: For a flip or a rental, apply interior paint, replace the floors, remodel the bathrooms, remodel the kitchens, and deep clean. On the exterior, repaint, pressure wash concrete surfaces, reseal driveways, and install new landscaping.
• Features: Incredible deal near Coral Gables for sale!! This home has 2 large, detached structures, both legally on tax roll with 2800+ square feet of space to play with! YOU CAN RENT FOR $6,500/mo!! -- Both units have separate parking, and one unit is a 3/2 CBS structure with comps that are renting up to $3500.00/mo, while the other is a 2/1 CBS structure with comps that rent up to $3000.00/mo!! Perfect AirBNB area, since its located ONE BLOCK AWAY from Coral Way, and just 2 minutes away from Downtown Coral Gables and CoCo Walk in Coconut Grove!
• Important Details: Rented M2M @ $2700.00/mo
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab
• Comp 4: 2751 SW 21st Ter (Duplex, 2359 sq ft) -- PENDING @ $675,000 (Totally outdated, 500 sq ft smaller) Went pending in 12 days!