1 / 1615750 SW 216th St, Miami FL 33170
Miami, FL
List Price
$1,200,000
Type
Single Family
Bedrooms
4
Bathrooms
3
Price / SqFt
$478/sqft
Price reduction
Distressed / value-add opportunity
From the listing
Experience spaciousness in all its South Florida splendor. Well maintained with 3008 SF of living area on a 34,412 SF lot. Main house is a 3/2 w/ separate apartment. Screened pool, cabana bath, foyer, formal living and dining room, combination family room and kitchen, fireplace, laundry, fully fenced, electronic gates. Perfectly located in The Redland area --Miami’s bountiful countryside. Castellow Hammock Nature Preserve is minutes away as is many of The Redland’s star attractions. Spend time hiking, bird and butterfly watching, go gravel bicycle riding on the area trails or visiting area's countless farm stands, specialty markets and parks. Miami may feel a world away, but quick access to major highways makes it an easy drive. Totally remodeled.
Property Information
- Square Feet
- 2,508
- Units
- 1
- Days on Market
- 106
- Status
- active
Location
- County
- Miami-Dade County
- Zip Code
- 33170
- Coordinates
- 25.5653, -80.4464
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
1 expired permit on record
- E
BUILDING (COUNTY)
#S1994192530 · issued 1994-07-18
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
58/100
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%+).
106 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 ~50 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- Open permit on record: BLDG, 1994127414, issued 1994-07-18, status Expired in records current through 2026-07-23 (queried 2026-10-20). An open permit means the record shows no final inspection — verify current status and close-out requirements with Miami-Dade County before closing.
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 (≈ 116% 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 ~50 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.
- Open permit on record: BLDG, 1994127414, issued 1994-07-18, status Expired in records current through 2026-07-23 (queried 2026-10-20). An open permit means the record shows no final inspection — verify current status and close-out requirements with Miami-Dade County 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 2026-10-20. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
15750 SW 216th St, Miami FL 33170, 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
$400,552
Room vs list (above list)
$799,448
Est. equity
-$522,525
-44% of ARV, at list
ROC at list
-30%
Est. all-in at list
$1,722,525
list + rehab + txn + carry
70% rule MAO
$479,500
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.