3440 SW 16th St Miami, FL 33145
$499,990 - Duplex
Additional Details
- Ideal Investment Strategy: Resale
- Potential ARV: $650,000/$675,000
- Estimated Rehab: $15,000/$25,000
- Comparable Rent: $4,500
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 3655 SW 16th St - 4/2 - Duplex - 1680 sq ft - Rental Condition - February 2022 - Sold @ $703,000
- Comp 2: 3401 SW 12th ST - 4/2 - Duplex - 1756 sq ft - Rental Condition - February 2022 - $690,000
- Comp 3: 3153 SW 18th St - 4/3 - Duplex - 1440 sq ft - Outdated - May 2022 - Sold @ 620,000
- Comp 4: 3521 SW 16th St #rear (1/1, 690 sq ft) -- RENTED 6/9/22 @ $2,100 (Updated) Rented in 14 days!
- Rehab Description: This property requires a very minimal rehab. Apply fresh paint, remodel the kitchens, and deep clean.
- Features: CASH COW CBS DUPLEX in Miami! This property is in great condition and is RENTAL READY! Featuring a BEAUTIFUL Mediterranean style roof, this property has outstanding curb appeal and is sure to attract qualified tenants fast. This is an ideal rental location with it being a short distance to Downtown Coral Gables, Coco Walk, and Historic Granada Golf Course!
- Important Details: M2M Tenants in place
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab