Search...

Currency: USD

0
  • You have no bookmark.

Clear all
  • You have no item to compare.

Sign In

About This Listing

🏝️ 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:

  • 🛏️ 2 Beds | 2 Baths

  • 📐 1,000 Sq Ft

  • 🏗️ Construction: CBS

  • 🏠 Roof & AC: Both in good condition

  • 🛋️ Kitchen: Needs basic updates

  • 🪵 Flooring: Good condition

  • 🔌 Electrical & Plumbing: Good condition

  • 📅 Tenant Occupied – Lease ends Nov | $1,600/mo rent

  • 📦 31-day vacancy notice in place

  • 💰 HOA: $979/month + $375 monthly assessment

  • 💵 Taxes: $3,235/year

🔎 COMPS:

  • $360K – Fully Renovated Unit: Link

  • $245K – Outdated Penthouse Unit: Link

🚀 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!

Details

  • Area Size:1000 ft2
  • Bedrooms:2
  • Bathrooms:2
  • Date:April 8, 2025
  • Type:Sell

Available Dates

Add Review

Quality
Location
Price
Service
3.5 Your Score

Contact Property

Similar Properties