2627 Northwest 25th Avenue, Miami, FL, 33142

ARV: $540k - $550k

Rehab: $30k

Est Rents: $3k

Lot: 6,400 sq ft

Built: 1941

Details:

Spectacular fix and flip or buy and hold opportunity in the rapidly appreciating Allapattah neighborhood of Miami. This 3-bedroom, 2-bathroom property is in rent-ready condition and currently tenant-occupied. Please do not disturb the occupants; showings are by appointment only. For investors looking for a flip, the property will require a full cosmetic renovation. Please note that the property has a pending violation for minor work completed without a permit. The buyer will be responsible for assuming and resolving the case with the city, though there is currently no lien amount associated with the file. This is an excellent project for an investor experienced in resolving municipal compliance issues. With its generous, deep lot and proximity to several new twin-home developments, this property offers tremendous potential for value-add appreciation.