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$417,900

126 Miami Gardens Road , FL 33023 Residential - Single Family Pending

  • 126 Miami Gardens Road, West Park, FL 33023 Main Photo

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Description

Under contract-accepting backup offers. This is truly, a ONE-OF-A-KIND, incredibly unique- HIGH-UPSIDE OPPORTUNITY!! This is one of the GREATEST OPPORTUNITIES to ever hit the Miami Gardens market! This is a single-family home currently configured with 8 separate living spaces- consisting of 10 bedrooms and 8 bathrooms. This is a true project requiring significant TLC, reconfiguration, and potential remediation or demolition- as one of the living spaces has been impacted by fire and is currently designated as an unsafe structure by the city. This is a major opportunity suited for experienced investors who understand how to unlock value. Just months ago, the property was generating over $10,000/month in rental income. Now priced aggressively for a fast sale, this is where real opportunity is created. Serious investors only-this is a high-upside, once-in-a-decade type deal. Situated on a large lot with ample parking and multiple access points, the layout allows for flexible use with independent entrances and strong rental potential. The spacing and layout provide privacy and functionality, making it ideal for a variety of investment strategies. A significant portion of the property has been LUXURIOUSLY RENOVATED, featuring modern finishes including updated flooring, contemporary kitchens, and upgraded bathrooms with clean, functional layouts. The living space that was impacted by fire is currently designated as an unsafe structure by the city. The property will require repairs, reversions, updates, and potential code compliance, remediation, or demolition. Buyer to verify all information, including current use, zoning, and any necessary approvals. Roof and central AC were updated in 2020. Remaining units utilize mini-split systems. Electrical and plumbing in good working order. Two of the units are currently occupied on month-to-month leases, paying $2,300 and $1,600 per month. The rest of the home was vacated due to the fire and seller's preparation for selling. With no HOA and no rental restrictions, the versatility here is UNMATCHED. Whether you're looking for a large-scale fix and flip, long-term cash flowing trophy asset, or redevelopment opportunity-this is one of those rare deals that checks so many boxes. Property is being sold as-is. Priced aggressively for a fast sale.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Lot Size: 0.24 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $7,461
Year Built: 1952

General Information

Bedrooms: 10
Bathrooms: 8 Full
Sqft: 1,841
County: Broward
Subdivision: MIAMI GARDENS ESTATES
Listed By:
Ronald Ryder RICHARD PETERS REALTY LLC 352-448-9712

Amenities

Other
Other

Property Features

Appliances: Other
Days on Site: 19
Directions: Take exit for Hallandale Beach Blvd (Exit 18)Head west on Hallandale Beach BlvdTurn left onto SW 40th Ave / State Road 7 (441)Turn right onto Miami Gardens RdProperty will be on your route in West Park
Exterior: Stucco
Flood Zone Code: X
Flooring: Ceramic Tile, Laminate, Luxury Vinyl, Tile, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash
Lot Dimensions: 0.24
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Other
Water: Public
Water Access Y/N: No
Zoning: R-1B
$417,900
10beds
8.0baths
1,841sqft
Pending
BEDS10 BATHS8 full SQUARE FEET1,841 MLS#TB8491387
STATUSPending PROPERTY TYPEResidential - Single Family SUBDIVISIONMIAMI GARDENS ESTATES

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126 Miami Gardens Road, West Park, FL 33023.

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Estimated Payment

$ 2,153.14 per month $1,409.51 Principal & Interest $621.75 Property Tax $121.89 Homeowner's Insurance

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