Investment Opportunity · North Miami, FL

185 NE 129th St

North Miami, FL 33161 · MLS A12063784

List price
$449,900
3 bd / 2 ba
Bedrooms / baths
1,831 sq ft
Living area
1956
Year built
7,300 sq ft
Lot

"Excellent opportunity to renovate or update this 3-bedroom, 2-bath home offering 1,831 SF of living area on a 7,300 SF lot in a desirable North Miami location. Features include a spacious layout and pool with endless potential to customize. Conveniently located just minutes from I-95, Downtown Miami, Midtown, Miami Beach, Aventura, Oleta River State Park, shopping, dining, and more. Property is being sold As-Is, Where-Is. Cash buyers only. No assignable contracts. 0-day inspection period. 30-day or less closing preferred. Sale subject to probate court approval, if required."

Listed by Giancarlo Jimeno Power Source Real Estate, Inc. (786) 488-6006

From the listing. Excellent opportunity to renovate or update this 3-bedroom, 2-bath home offering 1,831 SF of living area on a 7,300 SF lot in a desirable North Miami location. Features include a spacious layout and pool with endless potential to customize. Conveniently located just minutes from I-95, Downtown Miami, Midtown, Miami Beach, Aventura, Oleta River State Park, shopping, dining, and more. Property is being sold As-Is, Where-Is. Cash buyers only. No assignable contracts. 0-day inspection period. 30-day or less closing preferred. Sale subject to probate court approval, if required.

01 - Price This Property

What you qualify for on 185 NE 129th St.

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.

List price $449,900
State FL

A ballpark is fine. Nothing is pulled.

Flips, rentals bought and sold, or builds. Decides the down payment.

Our super rough estimate at $45 per sq ft. Put in your contractor's number if you have one.

The loan stays under 75% of it. Leave blank to size on the price alone.

    02 - The Numbers at Closing

    Priced at the list price.

    ItemOption 1Option 2

    *Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $45 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 is for experienced investors; first-time flippers put 20% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.

    We are the lender, not the listing agent. This property is listed by Giancarlo Jimeno, Power Source Real Estate, Inc. ((786) 488-6006). To see it or make an offer, contact Giancarlo directly, or work with your own buyer's agent. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.

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