Updated over 7 years ago on .
High End SFH Fix & Flip In Miami, FL, $500k Profit Potential
I have an off-market deal available on the Venetian Islands in Miami, FL. Very popular area of Miami. Very hard to get a fully renovated home in this area in the $2 Million range. Will be a quick sale after renovations.
Price: $1.35 Million
Repairs: $400k ($181/sqft) for high end renovations (needs roof) Probably could do renovations for half this budget.
ARV: $2.2 - $2.35 Million
Profit Potential- $400k-$600k!!!
3 Bedroom, 2.5 bath (2,200 sqft home on 7,200 sqft lot)
Has pool
Has 2 car garage that could be converted to extra bedroom
Dry lot not directly on the water.
Serious inquiries only. Not doing an open house. Cash or hard money only.
Contact me at 305-900-7391 if you have any questions or interest.
-Greg Avalone