Photos:
26630 SW 138th Avenue
Naranja, FL (Miami-Dade)
Property Details
Bedrooms: 2 Bedrooms
Bath: 1 Bath
Structure: Cement Block Structure (CBS)
Area: 600 Sq Ft
Lot Size: 10,725 Sq Ft (Quarter Acre)
Municipality: Unincorporated Miami-Dade County
Zoning: 3050 UC EDGE – RESIDENTIAL (R) 2 MAX
(MULTI-FAMILY)
Utility: Miami-Dade County Water/Sewer
Title Status: Clean Insurable Title – Warranty Deed
(No Liens/No Violations/No Open Permits)
PURCHASE PRICE: ONLY $210,000
Comparable Sales
12711 SW 256th St 2/1 Sold for $450,000 on 5/22/24
(sold to owner-occupant)
13621 SW 287th Ln 2/1 Sold for $410,000 on 05/17/24
(sold to investor with tenant at $2500/month)
26620 SW 136th Ave 2/1 Sold for $350,000 on 8/24/23
(sold to owner-occupant)
28601 SW 144th Ct 2/1 Sold for $300,000 on 7/31/23
(sold to investor)
RENTAL RATE FOR 2 BEDROOM UNITS IN AREA:
$2400/month is Average Rent
WANT THIS DEAL?
Call Rich At
305-741-3122
Today!
Property is Located within Unincorporated Miami-Dade County & conveniently located in the Naranja Community Urban Center (NCUC) District. In addition to the typical multi-family zoning allowed by the county, this special zoning district offers even more development possibilities without requiring further approvals.
You can review the full details of the NCUC District by clicking here.
More Info:
Today we have a 2-bedroom, 1-bath CBS home situated on an expansive lot in a prime growth area. The title is clear, with no outstanding or expired permits. It is located in Unincorporated Miami-Dade, meaning that there are no additional city/town municipality restrictions that you will need to abide by. With its prime location near new development, shopping, and jobs, this neighborhood has become highly sought after. It’s an ideal property for renting to quality tenants or for reselling to an end buyer at a premium price.
This house sits on a spacious 10,725 Sq foot lot zoned for multi-family, permitting the construction of a duplex or additional structures without needing zoning board approvals. As you can see in the video & photos, the bathroom is in fair condition, the kitchen needs a full overhaul, and the roof, though aged, shows no signs of leaks.
Priced at $210,000, this is a smoking deal, given that investors are spending considerably more in the area. Currently, nothing else on the market matches this price point. We’ve listed it below what sellers are asking for smaller single-family vacant lots — and this property is zoned for multi-family use with a house already on it!
Scroll down to read the recent comps, but if you know the area & you know the market… you’ll know that this is a Deal!
This property presents multiple opportunities: a rental, a quick fix-and-flip, or even a full-scale development.
Fixed up, this is a typical bread & butter rental property — purchasing at it this price point is a no-brainer for a landlord.
Even better yet, the zoning on this property allows you to double your profits by adding another rental unit. You can renovate and rent out the existing house immediately. Meanwhile, you can take your time building an additional rental unit on the property, all while earning income from the current house.
Of course, this deal also works well if you’re just looking to do a quick fix & flip. That’s evident based on recent comparable sales in this neighborhood. You’re buying it at a price where the numbers simply work for both landlords and resellers.
Feel free to drive the neighborhood and the property, but please keep in mind that the property is currently occupied. Out of respect to them, we ask that you don’t bother them. If you are interested, simply reach out to us & we can coordinate a time that you can get inside to view the inside.
Feel free to drive the neighborhood and the property, but please keep in mind that the property is currently occupied. Out of respect to them, we ask that you don’t bother them. If you are interested, simply reach out to us & we can coordinate a time that you can get inside to view the inside.
To Your Success,
Rich & Camila
South Florida Investors
305-741-3122 (Rich’s Cell #)
PS – We are sending this deal to you at a discounted, off-market price as a courtesy before exposing it to the open market. We’ll be submitting it to the MLS sometime next week – where it will go under contract immediately.
I’d rather see someone from the list get this deal, so if you want it – please let me know right away!
PPS – We can be reached by simply replying to this email or by calling Rich Urban directly at 305-741-3122 (Personal Cell Phone).