1 / 49405 NW 64th St, Miami FL 33150
Miami, FL
List Price
$583,000
Type
Triplex
Price / SqFt
$350/sqft
Price reduction
5.2% below original list — was $615,000
From the listing
Investment opportunity in the heart of Little Haiti! This income-producing property offers strong rental potential in one of Miami’s fastest-growing neighborhoods. The property currently features a rented 2-bedroom/1-bath unit at $1,750 per month, an additional 2-bedroom/1-bath unit listed for $1,875 per month, and a 1-bedroom/1-bath unit listed for $1,375 per month, offering excellent income potential for investors or end-users. Property also includes newly added coin-operated laundry for additional convenience and income opportunity. Located on a quiet dead-end street near Wynwood, Midtown, the Design District, shopping, dining, and major highways. Great opportunity for buyers looking for long-term growth and rental demand in a rapidly developing area.
Property Information
- Square Feet
- 1,668
- Units
- 1
- Days on Market
- 253
- Status
- active
Location
- County
- Miami-Dade County
- Zip Code
- 33150
- Coordinates
- 25.8345, -80.2039
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
BUILDING ROOFING
#BD21025853001BR001 · issued 2021-11-16
Private inquiry
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Why this deal
- 5.2% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
56/100
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.
5.2% off original list (full marks at 25%+).
253 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
- Negative estimated equity — buying above estimated ARV, verify comps
- Roof age ~85 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- Flood zone AH — mandatory flood insurance required (NFIP or private); adds to carrying cost
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 (≈ 94% of ARV)
What an insurer sees
Insurance / 4-point
Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…
- Roof age ~85 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- Flood zone AH — mandatory flood insurance required (NFIP or private); adds to carrying cost
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 2026-08-26. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
405 NW 64th St, Miami FL 33150, 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
$318,127
Room vs list (above list)
$264,873
Est. equity
-$130,335
-22% of ARV, at list
ROC at list
-18%
Est. all-in at list
$713,335
list + rehab + txn + carry
70% rule MAO
$350,600
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.