Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $580,000/$600,000
• Estimated Rehab: $50,000/$60,000
• Comparable Rent: $2,600
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 2935 SW 20th St (3/2, 1196 sq ft) -- SOLD May 2022 @ $713,000 (Clean) Sold in 4 days!
• Comp 2: 2545 SW 34th Ave (3/2, 1182 sq ft) -- SOLD April 2022 @ $705,000 (Completely remodeled) Sold the same day $30,000 over asking!
• Comp 3: 3130 SW 27th Ter (3/2, 1314 sq ft) -- PENDING $650,000 (Updated) Went pending in 10 days!
• Rehab Description: This is a full rehab. On the interior, apply fresh paint, replace the floors, remodel the kitchen, remodel the bathroom, and deep clean. On the exterior, replace the roof, repair the driveway, repaint the exterior, and do landscaping.
• Features: CHEAP Flip opportunity in Silver Bluff Estates near Coral Gables! This 3/1 is completely CBS and has enough equity to make BIG PROFITS! A central A/C was installed recently and the property features a long drive way to support up to 3 cars. Located less than 2 blocks away from the Coral Way strip and less than 5 minutes away from Coconut Grove's famous CoCo walk, and Downtown Coral Gables! VACANT AT CLOSING for your rehab convenience and CLEAR TO CLOSE immediately!
• Important Details: M2M Tenants in place - Cheapest 2/1 in the area is listed for $650,000
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab
• Comp 4: 2811 SW 17th St (3/1, 1203 sq ft) -- SOLD July 2022 @ $650,000 (FRAME, Totally outdated) Sold in 12 days!