Additional Details

• Ideal Investment Strategy: Resale
• Potential ARV: $420,000/$425,000
• Estimated Rehab: $35,000/$40,000
• Comparable Rent: $2,800
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 210 NW 126th St (2/1, 1100 sq ft) -- PENDING @ $494,000 (Completely remodeled)
• Comp 2: 420 NW 124th St (3/2, 1219 sq ft) -- SOLD 5/22 @ $487,000 (Completely remodeled) Sold $18,000 over asking in 5 days!
• Comp 3: 565 NW 127th St (2/1, 1050 sq ft) -- PENDING @ $460,000 (Completely remodeled)
• Comp 4: 12425 NW 2nd Ave (3/1, 1216 sq ft) -- SOLD 6/22 @ $400,000 (Partially updated)
• Rehab Description: This is an easy rehab. For a flip, replace floors, remodel kitchen, remodel bathroom and paint. On the exterior, replace A/C compressor, budget for landscaping to improve curb appeal, and repaint exterior, including driveway. 3rd bedroom is currently being used as a living room and would need to be converted back into a 3rd bedroom to maximize ARV.
• Features: An investors dream flip for a solid concrete block home located in red hot North Miami where demand is through the roof! A legal 3/1 on record with 1,128 sq ft under air! All this with a nice looking roof and newer electric, located a few blocks from I-95 and centrally just minutes away from Aventura Mall, Bal Harbor, and Wynwood!
• Important Details: 30 day post occ w/ $10k holdback
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab