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North Miami Beach 5/3 w/ HUGE ROI Potential! Rented Month to Month for $2,500!



$399,900

SOLD

15860 NE 14th Ct

North Miami Beach, FL

  • HOT area of North Miami, just minutes to the beach, Aventura mall, and 95.
  • Currently configured as 5/3 with a family room plus an additional family room. However, the conversion is not legal and has a violation and will need to be corrected with the city. Please see attached city violation below.
  • Tenants are month to month and can be taken with or without tenants.
  • Currently rented month to month well below market value at only $2,500.
  • Perfect for a short term rental property.
  • New roof installed with permits.
  • Newer A/C and updated electric.
  • Large fenced in yard with driveway.

Documents

 
Violation


  • Sale Comps $475K - $500K
  • Rental Comps $2,600 - $2,700
  • Property Type Residential
  • Location North Miami Beach, FL 33162
  • Size 1573 sq. ft.
  • Bedrooms 5
  • Bathrooms 3
  • TAV 250.9K
  • Annual Taxes $5,396
  • Year Built 1952

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At Bank On It! we specialize in investment and wholesale real estate. We are the premier resource for sale-priced properties including wholesale deals, bank owned properties, pre-foreclosure, short sales, probate, bad tenant, and seriously damaged real estate.

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