1 / 234400 NE 1st Ave, Miami FL 33137
Miami, FL
List Price
$2,600,000
Type
Single Family
Bedrooms
3
Bathrooms
2
Price / SqFt
$803/sqft
Price reduction
Distressed / value-add opportunity
From the listing
Build your dream home in Historic Buena Vista, just steps from the world-renowned Miami Design District. Situated on a prime corner lot, the existing home has already been stripped to the studs, offering a valuable head start for redevelopment. Included in the sale are draft architectural plans, renderings, and a survey for a modern two-story residence featuring 4 bedrooms, 3.5 bathrooms, and 3,904 sq ft of total living space—including a detached 232 sq ft casita complete with a full bathroom and kitchen. The design also includes two off-street parking spaces and a pool, all set on a 5,500 sq ft lot. Enjoy exceptional walkability to Miami’s finest luxury shopping, dining, and art galleries, with convenient access to Midtown, Wynwood, Miami Beach, and Miami International Airport.
Property Information
- Square Feet
- 3,237
- Units
- 1
- Days on Market
- 80
- Status
- active
Location
- County
- Miami-Dade County
- Zip Code
- 33137
- Coordinates
- 25.8164, -80.1938
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
- 0% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
45/100
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%+).
80 days on market (full marks at 120+ — more time = more leverage).
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
Risks
- Equity not yet estimated — no comps available for ARV
- Roof age ~101 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- Flood zone unknown — verify with FEMA NFHL before closing; mandatory flood insurance may apply
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Equity not yet estimated — no comps available for ARV
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- conventional financing unlikely; cash or hard-money only
What an insurer sees
Insurance / 4-point
Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…
- Roof age ~101 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- Flood zone unknown — verify with FEMA NFHL before closing; mandatory flood insurance may apply
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 2026-10-23. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
4400 NE 1st Ave, Miami FL 33137, 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
$1,443,350
Room vs list (above list)
$1,156,650
Est. equity
-$556,650
-21% of ARV, at list
ROC at list
-18%
Est. all-in at list
$3,156,650
list + rehab + txn + carry
70% rule MAO
$1,587,000
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.