Additional Details

• Important Details: --> VACANT AT CLOSE!
• Features: One of a kind opportunity to purchase a textbook flip in the heart of SOUTH MIAMI! This three bedroom, two bathroom CBS house features 1,880 living sqft, and sits on a HUGE 8,800 sqft lot. Highly desirable location within minutes away from US-1, Tropical Park, Dadeland Mall, and Restaurants! Don't miss out on the opportunity to enter this market at a nearly impossible-to-find price where the properties are moving in less than 30 days on the market!
• Potential ARV: $850,000-$900,000
• Rehab Description: For a flip or rental, this property will require a full renovation. On the outside, replace the roof, windows, add central AC, apply fresh paint, and apply landscaping to boost curb appeal. On the interior, repaint throughout, replace the floors, doors, remodel the kitchen, remodel the bathroom, and deep clean!
• Estimated Rehab: $80,000-$100,000
• Ideal Investment Strategy: Rental/Resale
• Construction: CBS
• Comp 1: 6340 SW 68th St, South Miami, FL 33143 3/2 1098 SQFT 1959 Build PENDING @ $550,000 ( 2 days on the market) (Smaller and being sold as an investor sale. Full renovation needed)
• Comp 2: 6380 SW 63rd Ave, South Miami, FL 33143 3/2 1366 SQFT 1956 Build SOLD @ $1,025,000 07/14/23 (5 days on the market) (Smaller, completely renovated)
• Comp 3: 6431 SW 59th Ave, South Miami, FL 33143 4/2 1600 SQFT 1948 Build SOLD @ $820,000 05/16/23 (13 days on the market) (Investor flip/renovated and purchased for $595k)
• Comp 4: 6611 SW 63rd Ct, South Miami, FL 33143 3/2 936 SQFT 1950 Build SOLD @ $950,000 05/16/23 (14 days on the market) (Smaller/3/1 on tax records/fully renovated)
• Comp 5: 6540 SW 57th Pl, South Miami, FL 33143 3/1 1044 SQFT 1960 Build SOLD $525,000 05/18/23 (10 days on the market) (Dated/smaller with one less bathroom)