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15765 SW 206th Ave, Miami FL 33187 — photo 11 / 57
0.0% reduced

15765 SW 206th Ave, Miami FL 33187

Miami, FL

List Price

$2,000,000

Type

Single Family

Bedrooms

4

Bathrooms

2

Price / SqFt

$605/sqft

Price reduction

Distressed / value-add opportunity

White canvas / value-add

From the listing

Welcome to this beautifully remodeled Redlands home on 2.5 lush acres, offering modern comfort and country charm. The interior features elegant white porcelain tile floors, designer bathrooms, a modern kitchen with a spacious island, and a master suite complete with a relaxing jacuzzi. Outside, enjoy a unique rural lifestyle surrounded by nature. The property also includes a versatile shop, perfect for hobbies, DIY projects, or creative pursuits. Perfect as a primary residence, weekend retreat, or income-producing property generating $5,800/month. A rare opportunity to own a turnkey Redlands home with space, character, and endless possibilities. Call Now!!

Property Information

Square Feet
3,308
Units
1
Days on Market
286
Status
active

Location

County
Miami-Dade County
Zip Code
33187
Coordinates
25.6184, -80.5260

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

Interested in this deal?

Tell us a little and a licensed broker will follow up about this property.

Property: 15765 SW 206th Ave, Miami FL 33187

Price: $2,000,000

We respect your privacy — your details are only used to follow up on this property.

Why this deal

  • 0% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

52/100

Fair

How this
is scored →
Estimated equityassumed40%

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.

Discount depth20%

0.0% off original list (full marks at 25%+).

Days on market20%

286 days on market (full marks at 120+ — more time = more leverage).

Seller-motivation signals20%

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. Factors marked “assumed” were missing from the feed and scored neutral.

Deal scorecard

How four stakeholders read this deal

Doverall

Strengths

  • Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated

Risks

  • Negative estimated equity — buying above estimated ARV, verify comps
  • Roof age ~43 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
  • No permits on record since 1983 for this 1983 home (Miami-Dade County building-permit records, records current through 2026-07-23; checked 2026-08-13). For a property of this age, the absence of any permitted roof, electrical, plumbing, or A/C work in the queryable record is itself worth investigating with Miami-Dade County’s building department before closing.

What a super-investor sees

Investor

F

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

F

Lender financeability estimate based on list price, ARV, and condition signals. Not a f…

  • conventional financing unlikely; cash or hard-money only
  • thin equity — lender-unfriendly LTV (≈ 182% of ARV)

What an insurer sees

Insurance / 4-point

C

Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…

  • Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
  • Roof age ~43 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection

What a GC / AHJ sees

Permits / condition

C

No permits on record for this parcel in Miami-Dade County building-permit records (records begin 1983; records current through 2026-07-23; checked 2026-08-13). Note: work below permit thresholds (in Miami-Dade, work valued under about $2,500 generally requires no permit) and work predating 1983 would not appear here. This is a verified query result, not a failed lookup.

  • No permits on record since 1983 for this 1983 home (Miami-Dade County building-permit records, records current through 2026-07-23; checked 2026-08-13). For a property of this age, the absence of any permitted roof, electrical, plumbing, or A/C work in the queryable record is itself worth investigating with Miami-Dade County’s building department before closing.

4-point — last permit

  • Roofnone on record
  • Electricalnone on record
  • Plumbingnone on record
  • HVACnone on record

Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-08-13. Verify with licensed professionals.

Deal calculator

Value-add deal calculator

15765 SW 206th Ave, Miami FL 33187, 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

$1,049,087

Room vs list (above list)

$950,913

Est. equity

-$489,375

-24% of ARV, at list

ROC at list

-20%

Est. all-in at list

$2,489,375

list + rehab + txn + carry

70% rule MAO

$1,162,500

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.

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