1 / 22Miami, FL
List Price
$1,000,000
Type
Duplex
Price / SqFt
$617/sqft
Price reduction
23.1% below original list — was $1,300,000
Represented by Academia
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Why this deal
Deal Score
60/100
Fair
23.1% off original list (full marks at 25%+).
589 days on market (full marks at 120+ — more time = more leverage).
$617/sqft vs area median $333/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
242 NE 55th Ter, Miami FL 33137, Miami, FL
Recommended max offer
$845,200
Spread vs list (room below list)
$154,800
70% rule MAO
$845,200
Margin-based MAO
$975,200
Est. all-in basis
$910,000
Projected profit
$390,000
Estimates only — not investment advice. Verify ARV and rehab with a licensed pro.