Property Description:
This 1,822 sq ft 3-bed, 2-bath single-family home built in 1958 sits on a 9,448 sq ft lot in the Biscayne Gardens pocket of North Miami. The home is structurally solid with a 2-year-old roof, functional systems, and an overall clean but dated interior ready for modern updates. Surrounded by well-maintained mid-century properties and close to I-95, schools, and retail, this one offers a straightforward value-add opportunity for investors or homeowners seeking instant equity in a rising submarket.
🛠️ Rehab Scope
- Interior cosmetic remodel (kitchen, baths, flooring, paint, fixtures)
- Minor electrical and plumbing tune-ups as needed
- Exterior pressure wash, paint, and light landscaping
- Optional: open up floor plan or modernize kitchen layout for stronger resale
🔵 Comparable Sales (Closed & Pending Nearby)
- 560 NE 158th St – 3/2 1,757 sf ($287/sf) Sold $505,000 (Updated)
- 140 NE 161st St – 3/2 1,529 sf ($293/sf) Sold $448,000 (Renovated)
- 16265 NE 8th Ave – 3/1 1,680 sf ($286/sf) Sold $480,000 (Updated)
- 535 NE 162nd St – 3/2 1,601 sf ($315/sf) Pending $504,900 (Renovated)
- 736 NE 164th St – 4/3 1,683 sf ($342/sf) Pending $575,000 (Modern Flip)
- 15500 NE 2nd Ave – 3/2 1,492 sf ($328/sf) Sold $490,000 (Updated)
Based on comp range a renovated resale ARV of $565,000 – $575,000 is supportable depending on finish level.