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Property view

1941 NW 51st Street, 
Miami, FL 33142

$395,000

3

Beds

1

Bath

1,320

Sq Ft

Single Family

Sold

Listed by

Richard Peters

Bought with STELLAR NON-MEMBER OFFICE

Florida Capital Realty

MLS#

T3450310

Source:

MFRMLS

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About This Home

1941 NW 51st Street

Red hot investor special in the booming corner of Brownsville! Talk about location. This light fixer upper is a rare find to come on market. Due to the owners surprise job relocation, theyre quite motivated and asking only 78% of ARV, but will entertain all offers.Pros: Roof 9 years old, AC 2.5 years, WH 9 years. Double lot, with fully fenced/gated yard. Easy to convert to 4 bed, 2 baths.Cons: Needs kitchen update and significant interior cosmetic rehab.Investor notes:Flip potential: $470k ARV, with estimated $20k-40k in rehab.LTR estimate: $3,100 /mo, with NO nearby competition. STR estimate: $47k yrly gross, at 229 /night and 56% occupancy.Feel free to soft pitch offers to listing agent. No HOA/CDD. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and MLS info sheet. Video walkthrough also available.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1949

Price Summary

370,000

$280 per Sq. Ft.

MLS #:

T3450310

Sold:

July 7, 2023

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,320 Sq. Ft.

Structure

Structure

Year Built:

1949

Lot

Lot Size (Sq. Ft):

11,000

Finances & Disclosures

Finances

Price:

$370,000

Price per Sq. Ft:

$280 per Sq. Ft.

MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Florida Capital Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Florida Capital Realty, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.