4 Beds   2 Baths   Single-Family
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Sw 164th St
Miami, FL 33157

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Status: Inactive
Listing ID: 59666043
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Learn about Sw 164th St in Miami, FL

This single-family property is available as a short sale at Sw 164th St. Based on our analysis of the current market conditions in Miami for Sw 164th St and comparable listings, the estimated market value is $546,875. The property located at single-family has potential equity of $58,424. If purchased for rental purposes, the monthly rental rate could range between $2,020 and $2,240. For those interested in resale, the estimated profit from selling is $58,424. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Sw 164th St are updated daily along with others in Miami, Florida.

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Property Information

  • Price: $499,500
  • Bedrooms: 4
  • Bathrooms: 2
  • Full Baths: 2
  • Total Square Feet: 1,698
  • Heating Type: Central Furnace
  • Air Conditioning: Central A/C
  • Year Built: 1960
  • Comments: Listing Status: Pending
  • Source ID: A11336516
  • Day(s) On Site: 118
  • Subdivision: Fairway Park Sec 2
  • Property Type: Single Family Dwelling

Public Records

  • Bedrooms: 4
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Construction Type: CONCRETE BLOCK
  • Floor Type: TERRAZZO/VINYL
  • Exterior Wall Type: CBS/HOLW TILE/FR/STUD/SHEAT/SD
  • Roof Material: 186
  • Land Area Sqft: 7,500
  • Effective Year Built: 1980
  • Year Built: 1960
  • APN: 30-5029-006-0640
  • Property Type: Single Family Residence
  • Front Footage: 75
  • Depth Footage: 100
  • Subdivision: FAIRWAY PARK SEC 02

Short Sale

The property located at Sw 164th St in Miami, FL is listed as a Short Sale

Short sale properties like Sw 164th St in Miami, Florida represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value. Existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons.

First Steps to Buying a Short Sale

Short sales often present opportunities for real estate investors to purchase property at below market prices. A short sale occurs when the mortgage lender on a property agrees to give a release for less than the amount owed on the loan. This usually occurs when the loan on the property becomes delinquent and is headed toward foreclosure. An alert property owner who knows he is facing foreclosure is well advised to keep an open line of communication with his lender. And the lender is well advised to keep an open mind to the consequences of a loan default and the benefits of agreeing to a short sale. When the lender and property owner can agree on a short sale price, the owner can advertise that the property is a short sale and can list it accordingly. Such listings attract a lot of attention and can expedite the sale of the property.


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Rental Value

The estimated rental value for Sw 164th St located in Miami, FL is $2,130/month. Comparable homes around Sw 164th St that are rentals have monthly ranges starting as low as $2,020 per month and as high as $2,240 per month. An owner looking to use this property as an investment could bring a return in the area of $2,020 - $2,240 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Homes On This Street
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Sw 164th St
Miami, FL 33157

4 Beds   2 Baths   Single-Family


Status: Inactive Listing ID: 59666043

Property Information

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Public Records

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Property Description

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