1 / 13985 NE 146th St, North Miami FL 33161
North Miami, FL
List Price
$545,000
Type
Single Family
Bedrooms
3
Bathrooms
2
Price / SqFt
$234/sqft
Price reduction
6.8% below original list — was $585,000
From the listing
BACK ON THE MARKET, REDUCED for Fast Sale. Charming Single-Family Home in a Desirable North Miami Area – Perfect for First-Time Buyers! Welcome to this well-maintained single-family home located just minutes from North Miami Beach, major highways, top-rated schools, and the expressway—offering both convenience and comfort for today’s modern lifestyle. This home sits in a quiet, family-friendly neighborhood and features an open layout, natural light throughout, and a spacious backyard ideal for gardening or adding a pool. Whether you're commuting to work or looking to settle down in a growing area, this property offers unbeatable access to I-95, 826 (Palmetto), and the Turnpike, placing you just a short drive from Aventura Mall, beaches, and Downtown Miami. No HOA
Property Information
- Square Feet
- 2,328
- Units
- 1
- Days on Market
- 224
- Status
- active
Location
- County
- Miami-Dade County
- Zip Code
- 33161
- Coordinates
- 25.9099, -80.1797
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
Permit history
Permit records
Live permit data isn’t available via open data for this jurisdiction yet — check the official record directly.
Private inquiry
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Why this deal
- 6.8% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
49/100
Fair
is scored →
Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.
6.8% off original list (full marks at 25%+).
224 days on market (full marks at 120+ — more time = more leverage).
No explicit distress language in the public remarks.
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.
Deal scorecard
How four stakeholders read this deal
Risks
- Negative estimated equity — buying above estimated ARV, verify comps
- Roof age ~74 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Negative estimated equity — buying above estimated ARV, verify comps
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
What an insurer sees
Insurance / 4-point
Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…
- Roof age ~74 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
What a GC / AHJ sees
Permits / condition
Permit records for North Miami are not machine-readable by us yet, so no permit search was run. Verify directly with the building department.
4-point — last permit
- Roofnot covered
- Electricalnot covered
- Plumbingnot covered
- HVACnot covered
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-08-03. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
985 NE 146th St, North Miami FL 33161, North Miami, FL
ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.
Recommended max offer
$269,306
Room vs list (above list)
$275,694
Est. equity
-$149,925
-28% of ARV, at list
ROC at list
-22%
Est. all-in at list
$694,925
list + rehab + txn + carry
70% rule MAO
$301,000
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.