1 / 153085 NW 51st St, Miami FL 33142
Miami, FL
List Price
$485,000
Type
Single Family
Bedrooms
3
Bathrooms
2
Price / SqFt
$438/sqft
Price reduction
Distressed / value-add opportunity
From the listing
AMAZING FULLY RENOVATED-SINGLE FAMILY HOME. THIS 3-BEDROOM, 2- BATHROOM PROPERTY FEATURES NEW FLOORS, NEW APPLIANCES, NEW A/C, AND A BRIGHT OPEN LAYOUT. LARGE BACKYARD. VINYL FLOOROIDNG, AND NGARDEN VIEW. EXCELLENT LOCATION CLOSE TO MAJOR HIGHWAYS, SHOPPING AND SCHOOLS. NO HOA. FIRST-TIME BUYERS AND INVESTORS WELCOME. EASY TO SHOW. PLEASE TEXT THE LISTING AGENT 48 HOUS BEFORE SHOWING
Property Information
- Square Feet
- 1,107
- Units
- 1
- Days on Market
- 176
- Status
- active
Location
- County
- Miami-Dade County
- Zip Code
- 33142
- Coordinates
- 25.8208, -80.2465
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
- F
ASPHALT (FIBERGLASS) SHINGLE ROOFS
#C2025118694 · issued 2025-06-09
Private inquiry
Interested in this deal?
Tell us a little and a licensed broker will follow up about 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
44/100
Thin
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%+).
176 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
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 ~70 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- thin equity — lender-unfriendly LTV (≈ 101% of ARV)
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…
- thin equity — lender-unfriendly LTV (≈ 101% 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 ~70 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 from Miami-Dade County building-permit records; records may lag — verify open permits with the AHJ. Coverage begins 1983. Records current through 2026-07-23.
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 2026-09-05. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
3085 NW 51st St, Miami FL 33142, 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
$301,752
Room vs list (above list)
$183,248
Est. equity
-$71,325
-15% of ARV, at list
ROC at list
-13%
Est. all-in at list
$556,325
list + rehab + txn + carry
70% rule MAO
$327,000
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.