Off-market property with 3/1 main house and detached 1/1 efficiency, delivered vacant in Miami. Old roof needs replacement. Features spacious 6,250 SF lot. Rehab opportunity with income potential from efficiency.
4 Beds
2 Baths
1,119 Sqft
Built 1955
SFH + Efficiency
6,250 Sqft Lot
Asking
$445K
Wholesaler Price
ARV
$550K
Wholesaler Estimate
Spread
$105K
81¢ on the dollar
ARV Comparison
Wholesaler ARV
$550K
81¢ on the dollar
Rocket ARV
$570K
78¢ on the dollar
Overview
Big Tickets
Roof
Old roof Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Old roof Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Property Details
Public Records
1
Stories
6,250 SF
Lot Size
Concrete Block
Exterior
Other
Roof Type
INTERIM-AWAIT SPECIFIC
Zoning
WINONA PARK 1ST ADDN
Subdivision
Highlights
3/1 + Detached 1/1
Needs rehab
Vacant at closing
6,250 SF lot
Off-market
Sales Comps
Rocket
Subject
Comp
Rental Income
Rocket
$2,700/mo
Market Rent Estimate
$2,430
$2,960
$32,400
Annual Rent
7.3%
Gross Yield
$2.41
Rent/Sqft
$675
Per Bedroom
Tax & Assessment
Public Records
Assessed Value
$358,180
Annual Tax
$6,768
Tax Year
2024
Effective Tax Rate
1.89%
Sale History
Public Records
Last Sold: 1998-04-01T00:00:00.000Z
$55,000
+900% appreciation ($495K) in 28 years
