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: $705,000
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.
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.
Request additional information, schedule a showing, or submit your offer today.
WHOLESALERS ADD YOUR FEE ON TOP.
DISCLAIMER
HomeSellers 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.
More About This Property
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ARV $1,145,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $644,000.
