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: $935,000
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.
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.
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, guest-house legality, pool features, 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 $1,425,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $1,462,000.
