Available
$950,000(ARV: $1,425,000)67% of ARV

Miami-Dade County, Biscayne Park, FL 33161

3 bd2 ba2,617 sfBuilt 1953

1 day ago

Gross spread$475,000

Description

BISCAYNE PARK ESTATE VALUE-ADD | $950K ASK | $1.425M ARV | DETACHED GUEST HOUSE + POOL | $1.4M+ SOLD COMPS PROPERTY OVERVIEW Location: Biscayne Park, FL 33161 Asking Price: $950,000 Estimated ARV: $1,425,000 Property Type: Single-Family Residence Bedrooms: 3 Bathrooms: 2 Living Area: 2,617 SqFt Lot Size: 11,250 SqFt Occupancy: VACANT Advertised Features: Detached Guest House + Swimming Pool County: Miami-Dade County, Florida Escrow Deposit: $10,000 Transaction Type: Assignment Target Closing: November 29, 2026 Showing Instructions: By Appointment — 24 Hours Notice PROPERTY HIGHLIGHTS BISCAYNE PARK ESTATE OPPORTUNITY — ACQUIRE AT 66.7% OF PROJECTED ARV WITH REPORTED SOLD COMPS UP TO $1.45 MILLION! Attention South Florida cash buyers, luxury fix-and-flip investors, and value-add investors! This vacant 3-bedroom, 2-bathroom residence in Biscayne Park offers an opportunity to acquire a property on an 11,250 SqFt lot at a substantial discount to its projected after-repair value. With an asking price of $950,000 and estimated ARV of $1,425,000, the property presents potential for renovation and resale. The advertised detached guest house and swimming pool may provide additional appeal to future buyers. WHY INVESTORS SHOULD TAKE A CLOSER LOOK: $475,000 Gross Difference to ARV: Potential spread between asking price and projected resale value before renovation and transaction expenses. 66.7% of ARV: Asking price represents approximately two-thirds of projected after-repair value. $1.4M+ Sold Comps: Two reported comparable sales at $1,399,000 and $1,450,000. 2,617 SqFt Living Area: Substantial existing residence with renovation potential. 11,250 SqFt Lot: Generous outdoor space for landscaping and improvements. Detached Guest House: Advertised additional structure that may offer flexibility for guests or other permitted uses. Swimming Pool: Advertised amenity that may enhance the property's resale appeal, subject to verification. Vacant Property: No tenant relocation required based on reported occupancy. Biscayne Park Location: Established residential neighborhood with access to surrounding Miami destinations. INVESTMENT STRATEGY: FIX & FLIP | ESTATE RENOVATION | VALUE-ADD REPAIRS NEEDED ESTATE RENOVATION / VALUE-ADD OPPORTUNITY The property is being marketed as a renovation opportunity for investors seeking to reposition a larger residence in the Biscayne Park market. Potential renovation considerations include: Kitchen modernization and appliance upgrades Bathroom renovations and updated fixtures Flooring, interior painting, lighting, and finishes Exterior improvements, landscaping, and curb appeal Roof, HVAC, electrical, and plumbing systems Windows, doors, and structural condition Detached guest house condition and permitted use Swimming pool condition, equipment, and necessary improvements Additional repairs identified during property inspection Estimated Repair Costs: To be determined following inspection and contractor assessment. The items above are suggested inspection areas, not confirmed defects. ARV BREAKDOWN & SOLD COMPARABLES ESTIMATED AFTER REPAIR VALUE: $1,425,000 COMP #1 — 971 NE 116th Street, Biscayne Park, FL Reported Sold Price: $1,450,000 Condition: Renovated Feature: Swimming Pool Sale Date: To be verified Living Area: To be verified COMP #2 — 730 NE 116th Street, Biscayne Park, FL Reported Sold Price: $1,399,000 Condition: Outdated Feature: Swimming Pool Sale Date: To be verified Living Area: To be verified ARV ANALYSIS Lowest Reported Sold Comp: $1,399,000 Highest Reported Sold Comp: $1,450,000 Estimated ARV: $1,425,000 Asking Price: $950,000 Asking Price as Percentage of ARV: 66.7% Gross Difference Between Asking Price and ARV: $475,000 Estimated Renovation Costs: Pending Projected Net Profit: To Be Determined The projected $1,425,000 ARV falls within the range of the two reported comparable sales. Buyers should independently verify the comparable properties' closing dates, living areas, renovation conditions, lot sizes, and amenities before relying on the projected ARV. The $475,000 gross difference is not projected profit. Renovation, financing, holding, closing, and resale expenses must be deducted. INVESTMENT POTENTIAL FIX & FLIP OPPORTUNITY Acquire at $950,000, complete an appropriate renovation, and pursue resale based on verified comparable sales and the property's finished condition. DETACHED GUEST HOUSE POTENTIAL The advertised detached guest house may provide additional utility and appeal to future occupants. Buyers should confirm: Whether the structure is legally permitted Its approved use and occupancy classification Whether its square footage is included in the reported living area Utility connections and building-code compliance Whether rental or accessory dwelling use is permitted No separate rental unit or rental income is represented or guaranteed. POOL & OUTDOOR VALUE-ADD The 11,250 SqFt lot and advertised pool provide opportunities to evaluate landscaping, outdoor entertaining areas, and exterior improvements. Any proposed improvements are subject to property condition, permitting, and municipal requirements. SHOWING & OFFER INSTRUCTIONS VACANT PROPERTY — SHOWINGS BY APPOINTMENT Asking Price: $950,000 Escrow Deposit: $10,000 Estimated ARV: $1,425,000 Target Closing: November 29, 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, guest-house legality, pool features, 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$363/sqft
Market median$443/sqft
Difference−18% below

Median of 22 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 feet2,617
Lot size11,250 sf
Year built1953
ConditionLight Rehab
OccupancyOwner Occupied
ParkingDriveway

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationOther
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Property information

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