Condo 2/2 with 1,230 SF in Bay Harbor Islands. Estimated repairs $25K. Strong ARV of $455,000 offers 34% equity spread. Potential 12% gross rent yield at $3,000/mo. Wholesaler-vetted deal from Home Venture Investments.
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Hot Deal
Added 5 days ago
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1050 93rd St #6F
Bay Harbor Islands, FL 33154 · Miami-Dade County
2 Beds
2 Baths
1,230 Sqft
Built 1973
Condo
Asking
$300K
Wholesaler Price
ARV
$455K
Wholesaler Estimate
Spread
$155K
66¢ on the dollar
ARV Comparison
Wholesaler ARV
$455K
66¢ on the dollar
Rocket ARV
$547K
55¢ on the dollar
Overview
Big Tickets
Roof
Not verified Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Not verified Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Property Details
Public Records
4500:MULTI-FAMILY,4 STORY
Zoning
STUART HOUSE CONDO
Subdivision
Highlights
$155K spread
ARV $455K
$25K repairs
$3,000/mo rent
Sales Comps
Rocket
Subject
Comp
1
9273 Collins Ave APT 703, Bay Harbor Islands, FL 33154
2 bed
2 bath
1,024 SF
0.54 mi mi
$575K
Zillow
2
9273 Collins Ave APT 1002, Bay Harbor Islands, FL 33154
2 bed
2 bath
1,024 SF
0.56 mi mi
$580K
Zillow
3
1140 101st St APT 202B, Bay Harbor Islands, FL 33154
2 bed
2 bath
1,426 SF
0.55 mi mi
$485K
Zillow
Rental Income
Rocket
$4,390/mo
Market Rent Estimate
$3,190
$5,590
$52,680
Annual Rent
17.6%
Gross Yield
$3.57
Rent/Sqft
$2195
Per Bedroom
Tax & Assessment
Public Records
Assessed Value
$237,744
Annual Tax
$4,330
Tax Year
2024
Effective Tax Rate
1.82%
Sale History
Public Records
Last Sold: 1999-12-01T00:00:00.000Z
$90,000
+406% appreciation ($365K) in 26 years
