462 NE 64th St, Miami FL 33138
Miami, FL
List Price
$799,000
Type
Single Family
Bedrooms
2
Bathrooms
1
Price / SqFt
$528/sqft
Price reduction
Distressed / value-add opportunity
From the listing
Attention Investors: Here is the home you have been waiting for!! Buy it as a fixer upper or tear down and rebuild. Neighborhood is Booming! HISTORICAL NEIGHBORHOOD
Property Information
- Square Feet
- 1,512
- Units
- 1
- Days on Market
- 232
- Status
- active
Location
- County
- Miami-Dade County
- Zip Code
- 33138
- Coordinates
- 25.8348, -80.1867
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
No open or expired permits on record
- Final
TREE PERMIT
#BD25012680001L001 · issued 2025-10-07
- Final
BUILDING ROOFING
#BD19008052001BR001 · issued 2019-07-17
Private inquiry
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Why this deal
- 0% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
60/100
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.
0.0% off original list (full marks at 25%+).
232 days on market (full marks at 120+ — more time = more leverage).
Strong motivation language (as-is, short sale, foreclosure, estate, or heavy reno).
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
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 ~101 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- conventional financing unlikely; cash or hard-money only
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. renovat…
- conventional financing unlikely; cash or hard-money only
- thin equity — lender-unfriendly LTV (≈ 98% of ARV)
What an insurer sees
Insurance / 4-point
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 ~101 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
What a GC / AHJ sees
Permits / condition
Permit records for 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 2026-09-03. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
462 NE 64th St, Miami FL 33138, 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
$290,885
Room vs list (above list)
$508,115
Est. equity
-$323,730
-41% of ARV, at list
ROC at list
-29%
Est. all-in at list
$1,122,730
list + rehab + txn + carry
70% rule MAO
$342,300
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.