DADELAND GROVE CONDO | $208K ASK | $250K ARV | GATED COMMUNITY | $245K–$265K SOLD COMPS
PROPERTY OVERVIEW
• Location: Pinecrest / Dadeland Area, FL 33156
• Asking Price: $208,000
• Estimated ARV: $250,000
• Property Type: Condominium
• Bedrooms: 1
• Bathrooms: 1 Full + 1 Half
• Living Area: 790 SqFt
• Occupancy: VACANT
• Community: Dadeland Grove
• Community Type: Gated Condominium Community (Per Listing)
• County: Miami-Dade County, Florida
• Escrow Deposit: $10,000
• Transaction Type: Assignment
• Target Closing: December 12, 2026
• Showing Instructions: By Appointment — 24 Hours Notice
PROPERTY HIGHLIGHTS
DADELAND GROVE INVESTMENT OPPORTUNITY — VACANT 1 BEDROOM / 1.5 BATH CONDO WITH SOLD COMPS UP TO $265,000!
Attention South Florida cash buyers, condominium investors, and value-add buyers!
This vacant 1-bedroom, 1.5-bathroom condominium in the Dadeland Grove community presents an opportunity to acquire a property below its projected resale value.
Offered at $208,000 with an estimated ARV of $250,000, the property is located in the Dadeland/Pinecrest area, providing convenient access to shopping, dining, employment centers, and major transportation corridors.
WHY INVESTORS SHOULD TAKE A CLOSER LOOK:
• $42,000 Gross Difference to ARV: Difference between the asking price and projected resale value before renovations and transaction expenses.
• 83.2% of ARV: Asking price represents approximately 83% of projected after-repair value.
• $245K–$265K Sold Comps: Two distinct reported comparable sales provide reference points for evaluating the property's resale potential.
• Vacant Property: No tenant relocation required based on reported occupancy.
• 1 Bedroom / 1.5 Bathrooms: Practical condominium layout with an additional half bathroom.
• 790 SqFt Living Area: Manageable interior space for a targeted cosmetic renovation.
• Gated Community: Advertised community feature that may appeal to prospective buyers.
• Dadeland/Pinecrest Area: Convenient location near retail, restaurants, and surrounding residential neighborhoods.
• Multiple Exit Strategies: Cosmetic renovation and resale or long-term rental, subject to condominium restrictions.
The property may offer an opportunity for targeted interior improvements to enhance its resale appeal.
Buyers should evaluate:
• Kitchen cabinets, countertops, appliances, and fixtures.
• Full bathroom and half-bathroom finishes.
• Interior flooring, painting, and lighting.
• Interior doors, trim, and hardware.
• HVAC and electrical condition.
• Plumbing fixtures and interior water connections.
• Any additional repairs identified during inspection.
• Condominium association renovation requirements and approval procedures.
Estimated Repair Costs: Not provided. Buyers should obtain contractor estimates following inspection.
The items above are suggested inspection areas, not confirmed defects.
ARV BREAKDOWN & SOLD COMPARABLES
ESTIMATED AFTER REPAIR VALUE: $250,000
COMP #1 — 6884 N Kendall Drive, Unit C401, Miami, FL
• Reported Sold Price: $245,000
• Sale Date: To be verified.
• Property Specifications and Condition: To be verified.
COMP #2 — 6886 N Kendall Drive, Unit D102, Miami, FL
• Reported Sold Price: $265,000
• Sale Date: To be verified.
• Property Specifications and Condition: To be verified.
ARV ANALYSIS
• Lowest Reported Sold Comp: $245,000
• Highest Reported Sold Comp: $265,000
• Estimated ARV: $250,000
• Asking Price: $208,000
• Asking Price as Percentage of ARV: 83.2%
• Gross Difference Between Asking Price and ARV: $42,000
• Estimated Renovation Costs: Pending
• Projected Net Profit: To Be Determined
The projected $250,000 ARV falls within the range of the two reported comparable sales.
Buyers should independently verify the comparable properties' closing dates, square footage, interior condition, floor locations, HOA fees, and other relevant differences.
The $42,000 gross difference is not projected net profit. Renovation, financing, carrying costs, association fees, closing expenses, and resale costs must be deducted.
INVESTMENT POTENTIAL
COSMETIC RENOVATION & RESALE
Acquire at $208,000, complete improvements supported by the property's condition and comparable sales, and pursue resale based on the completed unit's market value.
BUY & HOLD OPPORTUNITY
Evaluate the condominium for long-term rental income, subject to association leasing restrictions and applicable requirements.
Investors should independently verify rental rates, HOA fees, property taxes, insurance, special assessments, and operating expenses.
CONDOMINIUM ASSOCIATION CONSIDERATIONS
Before purchasing, buyers should verify:
• Monthly HOA or condominium maintenance fees.
• Existing and upcoming special assessments.
• Association reserves and financial condition.
• Applicable milestone inspection and structural integrity reserve requirements.
• Rental restrictions and minimum lease periods.
• Association approval requirements for purchasers and tenants.
• Financing eligibility and any pending litigation.
• Renovation restrictions and contractor approval procedures.
No representation is made regarding association financial condition, financing eligibility, or rental approval.
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, condominium association requirements, HOA fees, special assessments, financing eligibility, comparable sales, ARV, renovation costs, title, and all investment assumptions.
Pricing, terms, and availability are subject to change.
More About This Property
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ARV $250,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $409,000.
