🏝️ OFF MARKET SAILBOAT CAY CONDO DEAL – NORTH MIAMI 🏝️
📍 Sailboat Cay, North Miami, FL 33181
💰 Asking Price: [TBD] | 🛠️ Rehab: $30K–$40K | 🏁 ARV: $250K–$270K
A solid 2 bed / 2 bath condo with 1,000 sqft, located in the heart of North Miami at Sailboat Cay – just steps from the water and major highways. This CBS-constructed unit, built in 1973, is in fair condition, offering a light value-add opportunity and plenty of upside.
🔍 Property Highlights:
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🛏️ 2 Beds | 2 Baths
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📐 1,000 Sq Ft
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🏗️ Construction: CBS
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🏠 Roof & AC: Both in good condition
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🛋️ Kitchen: Needs basic updates
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🪵 Flooring: Good condition
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🔌 Electrical & Plumbing: Good condition
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📅 Tenant Occupied – Lease ends Nov | $1,600/mo rent
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📦 31-day vacancy notice in place
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💰 HOA: $979/month + $375 monthly assessment
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💵 Taxes: $3,235/year
🔎 COMPS:
🚀 Perfect for a flip or buy-and-hold investor looking for long-term appreciation and solid cash flow. With the right updates, this unit can easily reach top market value.
📲 DM for price, access info, or to run numbers!
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