1 / 44Miami, FL
List Price
$740,000
Type
Condo / Townhome
Bedrooms
2
Bathrooms
2
Price / SqFt
$563/sqft
Price reduction
19.1% below original list — was $915,000
Represented by Academia
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Why this deal
Deal Score
60/100
Fair
19.1% off original list (full marks at 25%+).
683 days on market (full marks at 120+ — more time = more leverage).
$563/sqft vs area median $342/sqft. Lower can mean value — or lower condition/location. Verify.
Soft motivation language (value-add, motivated, tenant-occupied, cash-only).
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.
Deal calculator
888 Biscayne Blvd # 4001, Miami FL 33132, Miami, FL
Recommended max offer
$587,900
Spread vs list (room below list)
$152,100
70% rule MAO
$587,900
Margin-based MAO
$679,400
Est. all-in basis
$640,500
Projected profit
$274,500
Estimates only — not investment advice. Verify ARV and rehab with a licensed pro.
One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.
Florida Licensed · Real Estate Broker BK3384781 · verify at myfloridalicense.com