1 / 15Miami Beach, FL
List Price
$180,000
Type
Condo / Townhome
Bathrooms
1
Price / SqFt
$450/sqft
Price reduction
20% below original list — was $225,000
Represented by Academia
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Why this deal
Deal Score
55/100
Fair
20.0% off original list (full marks at 25%+).
640 days on market (full marks at 120+ — more time = more leverage).
$450/sqft vs area median $335/sqft. Lower can mean value — or lower condition/location. Verify.
No explicit distress language in the public remarks.
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.
Deal calculator
1228 Pennsylvania Ave # 3, Miami Beach FL 33139, Miami Beach, FL
Recommended max offer
$141,500
Spread vs list (room below list)
$38,500
70% rule MAO
$141,500
Margin-based MAO
$164,000
Est. all-in basis
$157,500
Projected profit
$67,500
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.