Listing photoMiami, FL 33147 · MLS A12101478
"Property is being sold AS-IS WHERE-IS for CASH OFFERS ONLY."
7711 NW 17th Pl is a 1-bedroom, 1-bath home in Miami, Florida listed at $350,000 with 384 square feet, built in 1947. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with 1 to 2 completed projects and a 740 score puts 10% down ($35,000), we fund the $42,240 renovation estimate in draws, and the loan closes in 2 weeks. The down payment steps with experience, credit and the size of the renovation. See every hard money opportunity in Florida or our Florida hard money lending page.
From the listing. ATTENTION!!! CORNER LOT OPPORTUNITY | ZONED RU-1 WITH ADU POTENTIAL IN MIAMI INVESTOR & BUILDER OPPORTUNITY! Capitalize on this prime infill lot. Income-producing 1BR/1BA property situated on an approximately 5,250 SF (50' x 105') corner lot in unincorporated Miami-Dade. Existing residence contains approximately 384 SF of living area, presenting a unique opportunity for investors and builders to explore redevelopment, expansion or new-construction possibilities. Property is currently tenant occupied at $1,800/month. RU-1 zoning. Excellent opportunity to hold for rental income while evaluating the property's future potential. Property is being sold AS-IS WHERE-IS for CASH OFFERS ONLY.
Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.
| Item | Fix and flip: 10% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $35,000 (10%) | |
| Loan at closing | $315,000 | |
| Full renovation, rough estimate* | We fund $42,240 | |
| Total loan | $357,240 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($5,359) | |
| Appraisal | Required | |
| Estimated monthly interest | $2,903 at full draw | |
| Cash to close, rough estimate | $44,749 | |
Rough estimates at the list price of $350,000 for a 740 score and 1 completed project. This is not a commitment to lend.
*Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $110 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down takes a 740 score or a deeper track record; a first flip under 720 puts 25% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.
More hard money deals in Miami All Florida opportunities Hard money lender in Florida Fix and flip loans Every live opportunity Price deals in ChatGPT with our app
Cash or hard money only"This deal is a cash only opportunity."
Cash or hard money only"Offered strictly AS-IS for cash or hard-money buyers only."
Cash or hard money only"Cash or hard money/private lending only. Frame structure in need of repairs, sold as-is, on a 10,064 sq ft lot."
Get pre-qualified in one call and write your offer with the financing already lined up.
