380 NE 147th Ter Miami, FL 33161
SOLD! $419,990 - Single Family
Additional Details
- Ideal Investment Strategy: Resale
- Potential ARV: $550,000/$575,000
- Estimated Rehab: $40,000/$50,000
- Comparable Rent: $3,000
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 440 NE 141st St (4/2, 1624 sq ft) -- PENDING @ $695,000 (Updated, had a pool)
- Comp 2: 14830 N Spur Dr (3/3, 1472 sq ft) -- PENDING @ $649,900 (Updated, had a pool)
- Comp 3: 405 NE 147th Ter (3/2, 1406 sq ft) -- SOLD 10/21 @ $550,000 (Completely updated, had a pool, right across the street from our house) Sold 6 Months Ago in 2 Days $25,000 over asking!!!
- Comp 4: 500 NE 139th St (3/2, 1506 sq ft) -- SOLD 3/22 @ $450,000 (Completely out dated, smaller lot) SOLD $20,000 over asking to a CASH BUYER in 7 Days!
- Rehab Description: This is a full rehab. For a flip, install new windows, install a new HVAC w/ duct work, and pressure wash the tile roof. On the interior, add a fourth bedroom, apply fresh interior paint throughout, replace the floors, remodel the bathrooms, remodel the kitchen, and deep clean. On the exterior, repaint exterior, reseal the driveway and install new landscaping. Optionally, Houses w/ Pools are selling for up to $695,000 in this area and we have a 10,000 sq foot lot, more than enough room for a pool, so installing a pool may be a good investment here as well.
- Features: Here's a special from Unincorporated Miami Dade! This solid concrete block home is a diamond in a rough: 10,000 sq foot lot, amazing curb appeal, a 2 car garage, and concrete tile roof installed in 2011! ADDED BONUS: This house will be vacant at closing! The interior is incredibly spacious and ready for a rehab of any scale! Conveniently located 5 minutes from I-95/Turnpike/Golden Glades Exchange and just minutes from Aventura Mall and Sunny Isles Beach! Great deal in a smoking hot area with very limited inventory -- your opportunity to set the market with a great rehab!
- Important Details: Vacant at closing! - 10,000 Square Foot Lot!
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab