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Map
$395,000
●
House -
Off Market
1941 NW 51st STREET
MIAMI, FL 33142
3 Beds
1 Bath
1320 Sqft
$376,285
RealtyHop Estimate
1.70%
Since Aug 1, 2023
FL-Miami
Primary Model
About This Property
Red hot investor special in the booming corner of Brownsville! Talk
about location. This light fixer upper is a rare find to come on
market. Due to the owner's surprise job relocation, they're quite
motivated and asking only 78% of ARV, but will entertain all
offers.
Pros: Roof 9 years old, AC 2.5 years, WH 9 years. Double lot, with fully fenced/gated yard. Easy to convert to 4 bed, 2 baths.
Cons: Needs kitchen update and significant interior cosmetic rehab.
Investor notes:
Flip potential: $470k ARV, with estimated $20k-40k in rehab.
LTR estimate: $3,100 /mo, with NO nearby competition. STR estimate: $47k yrly gross, at 229 /night and 56% occupancy.
Feel free to soft pitch offers to listing agent. No HOA/CDD. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and MLS info sheet. Video walkthrough also available.
Pros: Roof 9 years old, AC 2.5 years, WH 9 years. Double lot, with fully fenced/gated yard. Easy to convert to 4 bed, 2 baths.
Cons: Needs kitchen update and significant interior cosmetic rehab.
Investor notes:
Flip potential: $470k ARV, with estimated $20k-40k in rehab.
LTR estimate: $3,100 /mo, with NO nearby competition. STR estimate: $47k yrly gross, at 229 /night and 56% occupancy.
Feel free to soft pitch offers to listing agent. No HOA/CDD. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and MLS info sheet. Video walkthrough also available.
Unit Size
1,320Ft²
Days on Market
32 days
Land Size
0.25 acres
Price per sqft
$280
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
1949
Last updated: 2 months ago (Stellar MLS #T3450310)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2023 | Sold to Osviel Alfonso | $395,000 | |
| Sold to Osviel Alfonso | |||
| Jun 5, 2023 | Listed by FLORIDA CAPITAL REALTY | $370,000 | |
| Listed by FLORIDA CAPITAL REALTY | |||
Property Highlights
Air Conditioning
Building Info
Overview
Building
Neighborhood
Zoning
Geography
1941 NW 51st STREET
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
3
Beds
2
Baths
1,275 ft²
$341/ft²
$435,000
Jan 25, 2024
$435,000
Mar 29, 2024
$377/mo
House
3
Beds
2
Baths
1,134 ft²
$326/ft²
$370,000
Aug 24, 2023
$370,000
Oct 17, 2023
$342/mo
House
3
Beds
2
Baths
1,212 ft²
$337/ft²
$409,000
Aug 24, 2023
$409,000
Jan 29, 2024
$139/mo
House
3
Beds
2
Baths
1,080 ft²
$392/ft²
$423,000
Jan 29, 2024
$423,000
Feb 27, 2024
$71/mo
House
3
Beds
2
Baths
1,156 ft²
$268/ft²
$310,000
Oct 30, 2023
$310,000
Feb 28, 2024
$248/mo
House
3
Beds
2
Baths
1,020 ft²
$382/ft²
$390,000
Jun 26, 2023
$390,000
Sep 18, 2023
$215/mo
Active
House
3
Beds
2
Baths
1,280 ft²
$328/ft²
$420,000
Dec 22, 2023
-
$367/mo
Active
House
3
Beds
2
Baths
1,303 ft²
$299/ft²
$389,900
Mar 27, 2024
-
$564/mo
In Contract
House
3
Beds
2
Baths
1,394 ft²
$293/ft²
$409,000
Jan 21, 2024
-
$72/mo
Active
House
3
Beds
2
Baths
1,028 ft²
$349/ft²
$359,000
Jan 13, 2024
-
$444/mo
Active
House
3
Beds
2
Baths
1,118 ft²
$394/ft²
$440,000
Mar 20, 2024
-
$157/mo
In Contract
House
3
Beds
2
Baths
1,581 ft²
$271/ft²
$428,000
Dec 15, 2023
-
$477/mo
About Northern Miami
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$440,000
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Nearby Rentals
Listed by: Richard Peters
FLORIDA CAPITAL REALTY
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# T3450310
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
FLORIDA CAPITAL REALTY
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# T3450310
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
