Additional Details

• Important Details: --> No interior access (exterior photos only) --> Seller requires 100-day post-closing occupancy (15k Holdback) --> Oversized ~0.92 acre “builder’s acre” lot
• Features: Rare opportunity to acquire a 2,245 SQFT CBS home on an oversized ~0.92-acre “builder’s acre” lot in a highly sought-after pocket of North Miami Beach. This 3/3 property is being offered with no interior access (exterior only). Deals like this are extremely limited in this area, where land value alone supports strong pricing and finished product potential is significant. With nearby comps supporting $1.2M–$1.6M+ ARV and luxury builds exceeding $2M, this is a prime value-add opportunity ideal for a high-end flip, luxury renovation, or teardown/new construction play. The size of the lot, existing structure, and location create multiple exit strategies, all driven by execution quality and final product.
• Potential ARV: $1.2M – $1.4M → Fully renovated, no pool ~$1.4M – $1.6M+ → Luxury execution with pool + premium outdoor buildout
• Rehab Description: This is a full high-end renovation project. With no interior access, assume a complete gut inside and out. To maximize value, reposition the property with a modern layout, luxury finishes, and fully updated kitchen, bathrooms, flooring, lighting, and fixtures. On the exterior, overhaul the landscaping, enhance curb appeal, and strongly consider adding a pool and creating a high-end backyard entertaining space. Replace major systems as needed and build toward a premium end product to hit top-of-market comps.
• Ideal Investment Strategy: Resale
• Construction: CBS
• Comp 1 (CEILING / LUXURY EXECUTION): 245 NE 156th St, Miami, FL 5/4 | 2,774 SQFT | ~0.92 Acres | Pool SOLD @ $2,050,000 ($739/SF) → Fully built-out luxury product on a similar lot size — demonstrates top-end potential
• Comp 2 (KEY LAND VALUE): 420 NE 154th St, Miami, FL 4/2 | 2,049 SQFT | ~0.93 Acres | No Pool SOLD @ $1,145,000 ($559/SF) → Fixer-upper on a similar lot — shows land value alone supports $1.1M+
• Comp 3 (RENOVATED BASELINE): 14745 N Spur Dr, Miami, FL 3/2 | 1,953 SQFT | ~0.42 Acres | No Pool SOLD @ $1,075,000 ($550/SF) → Renovated home on a much smaller lot — strong baseline for value
• Comp 4 (RENOVATED + POOL): 14701 NE 9th Ave, Miami, FL 3/2 | 2,123 SQFT | ~0.33 Acres | Pool SOLD @ $1,120,000 ($528/SF) → Smaller lot with pool — supports value once upgraded
• Comp 5 (HIGH-END FINISHES SIGNAL): 225 NE 150th St, Miami, FL 5/3 | 1,599 SQFT | ~10,200 SF Lot | Pool + Court SOLD @ $1,029,000 ($644/SF) → Premium finishes drive higher price per sqft even on smaller lots
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money