Company Logo
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Sue Vasquez
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(407) 514-2800
Mobile Phone:
(407) 922-2444
sue@suevasquez.com
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SOLD
$395,000
Date 07/07/2023

1941 NW 51ST STREET
Miami, FL 33142

Single Family
Residence
3
Beds
1
Baths
1,320
Sqft
0.25
Lot Size
Courtesy: FLORIDA CAPITAL REALTY, 786-953-5870
Red hot investor special in the booming corner of Brownsville! Talk about location. This light fixer upper is a rare find to come on market. Due to the owner's surprise job relocation, they're quite motivated and asking only 78% of ARV, but will entertain all offers.Pros: Roof 9 years old, AC 2.5 years, WH 9 years. Double lot, with fully fenced/gated yard. Easy to convert to 4 bed, 2 baths.Cons: Needs kitchen update and significant interior cosmetic rehab.Investor notes:Flip potential: $470k ARV, with estimated $20k-40k in rehab.LTR estimate: $3,100 /mo, with NO nearby competition. STR estimate: $47k yrly gross, at 229 /night and 56% occupancy.Feel free to soft pitch offers to listing agent. No HOA/CDD. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and MLS info sheet. Video walkthrough also available.
T3450310
Single Family, 1 Story
3
Dade
1 Full
1949
0.25 Acres
Public
1
Other
Public Sewer
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Courtesy: FLORIDA CAPITAL REALTY, 786-953-5870


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