Hard to find affordable dream home in the quietest corner of Pinewood! This hidden gem on an oversized corner lot is priced so low only because of the owner’s surprise job relocation. Boasts gorgeous tile flooring and crown molding throughout the open floor plan. Huge modern kitchen with ample cabinet space, quartz counters, custom backsplash and stainless steel appliances. High privacy fencing and mature landscaping in the backyard ensures your own peaceful oasis in the heart of Miami. Only 10 minutes to downtown. No HOA/CDD.
Roof: 20 years old, resurfaced 14 years ago. New AC in 2021 and WH. Could use some cosmetic TLC but all major systems are in great shape.
Investor notes:
Flip potential: 520k, with new roof, flooring, painting, landscaping, odds and ends cosmetic improvements. Estimate 40-50k in rehab.
LTR estimate: 3,400 /mo, with very little nearby competition. STR estimate: $47.4k /yearly gross, at average 234/night and only 54% occupancy.
Easy to show. CC credits and buy down rate options available. Accepting FHA/VA. Feel free to soft pitch offers to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. FULL 2.5% COOPERATION WITH ALL AGENTS IF THIS IS “NOT ON MY MLS.” Please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.