Available
$720,000(ARV: $1,145,000)63% of ARV

Miami-Dade County, Miami, FL 33145

3 bd2 ba1,291 sfBuilt 1981

1 day ago

Gross spread$425,000

Description

PRIME MIAMI 3/2 VALUE-ADD | $720K ASK | $1.145M ARV | $1M+ SOLD COMPS | DUPLEX CONVERSION POTENTIAL PROPERTY OVERVIEW Location: Miami, FL 33145 Asking Price: $720,000 Estimated ARV: $1,145,000 Property Type: Single-Family Residence Bedrooms: 3 Bathrooms: 2 Living Area: 1,291 SqFt Lot Size: 5,500 SqFt Occupancy: VACANT County: Miami-Dade County, Florida Escrow Deposit: $10,000 Transaction Type: Assignment Target Closing: December 14, 2026 Showing Instructions: By Appointment — 24 Hours Notice PROPERTY HIGHLIGHTS PRIME MIAMI INVESTMENT OPPORTUNITY — ACQUIRE AT 62.9% OF PROJECTED ARV WITH REPORTED SOLD COMPS EXCEEDING $1 MILLION! Attention South Florida cash buyers, fix-and-flip investors, and value-add investors! This vacant 3-bedroom, 2-bathroom single-family residence in Miami's 33145 ZIP code presents an opportunity to acquire a property significantly below its projected after-repair value. Offered at $720,000 with an estimated ARV of $1,145,000, this property offers potential for renovation, resale, and exploration of a duplex conversion, subject to zoning and municipal approval. WHY INVESTORS SHOULD TAKE A CLOSER LOOK: $425,000 Gross Difference to ARV: Difference between asking price and projected resale value before renovation and transaction expenses. 62.9% of ARV: Acquisition price represents approximately 63% of the projected after-repair value. $1M+ Reported Sold Comps: Provided comparable sales of $1,089,000 and $1,200,000. Duplex Conversion Potential: Opportunity to investigate a legal two-unit configuration, subject to zoning, permits, and feasibility. Vacant Property: No tenant relocation required based on reported occupancy. 3 Bedrooms / 2 Bathrooms: Existing layout offers potential for residential renovation. 1,291 SqFt Living Area: Opportunity to modernize and reposition the residence. 5,500 SqFt Lot: Potential for exterior improvements or permitted modifications. Multiple Exit Strategies: Fix and flip, renovate and hold, or explore conversion feasibility. INVESTMENT STRATEGY: FIX & FLIP | VALUE-ADD RENOVATION | POTENTIAL DUPLEX CONVERSION REPAIRS NEEDED RENOVATION / VALUE-ADD OPPORTUNITY The property is marketed as an investment opportunity with renovation and potential conversion upside. Buyers should evaluate: Kitchen modernization and appliance upgrades Bathroom renovations and updated fixtures Flooring, painting, lighting, and interior finishes Exterior improvements and curb appeal Roof, HVAC, plumbing, and electrical systems Windows, doors, and structural condition Layout modifications, if considering a duplex conversion sZoning, permitting, and building-code requirements Any additional repairs identified during inspection Estimated Repair Costs: To be determined following property inspection and contractor assessment. The items above are suggested inspection areas, not confirmed defects. ARV BREAKDOWN & SOLD COMPARABLES ESTIMATED AFTER REPAIR VALUE: $1,145,000 COMP #1 — 3210 SW 19th Terrace, Miami, FL Reported Sold Price: $1,200,000 Sale Date: To be verified Property specifications and condition: To be verified COMP #2 — 2332 SW 19th Terrace, Miami, FL Reported Sold Price: $1,089,000 Sale Date: To be verified Property specifications and condition: To be verified ARV ANALYSIS Lowest Reported Sold Comp: $1,089,000 Highest Reported Sold Comp: $1,200,000 Estimated ARV: $1,145,000 Asking Price: $720,000 Asking Price as Percentage of ARV: 62.9% Gross Difference Between Asking Price and ARV: $425,000 Estimated Renovation Costs: Pending Projected Net Profit: To Be Determined The projected $1,145,000 ARV falls within the range of the two reported comparable sales. Buyers should verify the comparable properties' closing dates, square footage, condition, lot characteristics, and improvements to determine whether they support the projected resale value. The $425,000 gross difference is not projected profit. Renovation, financing, holding, closing, and resale expenses must be considered. INVESTMENT POTENTIAL FIX & FLIP OPPORTUNITY Acquire at $720,000, complete an appropriate renovation, and pursue resale based on verified comparable sales and the property's finished condition. POTENTIAL DUPLEX CONVERSION Explore the feasibility of converting the existing single-family residence into a legal duplex. Buyers should verify: Current zoning and permitted residential density Whether two residential units are legally permitted Minimum unit sizes and building-code requirements Parking, setbacks, and lot coverage Utility and separate-meter requirements Architectural, engineering, and permitting costs Potential rental income and completed property value No duplex conversion approval or entitlement is represented or guaranteed. BUY & HOLD OPPORTUNITY Evaluate the property for long-term rental use following improvements. Investors should independently verify market rental rates, insurance, property taxes, financing, and operating expenses. SHOWING & OFFER INSTRUCTIONS VACANT PROPERTY — SHOWINGS BY APPOINTMENT Asking Price: $720,000 Escrow Deposit: $10,000 Estimated ARV: $1,145,000 Target Closing: December 14, 2026 24 Hours Notice Required Full Property Address: Available Upon Request Cash and qualified investor offers welcome. CONTACT [representative] INVESTMENTS Request additional information, schedule a showing, or submit your offer today. WHOLESALERS ADD YOUR FEE ON TOP. DISCLAIMER [representative] Investments and/or an affiliated contracting entity may hold a contractual or equitable interest in the property and may market that interest for assignment or resale. Buyers must independently verify property condition, occupancy, square footage, zoning, permits, duplex conversion feasibility, comparable sales, ARV, repair costs, title, and all investment assumptions. Pricing, terms, and availability are subject to change.

Verified — contract control only

The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.

$/sqft vs market

This deal$558/sqft
Market median$565/sqft
Difference−1% below

Median of 7 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,291
Lot size5,500 sf
Year built1981
ConditionLight Rehab
OccupancyVacant
ParkingDriveway

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationOther
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Property information

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