Loan amount
$0
Loan type
As-Is Property Value
$425,000
LTV
0%
{LTV}
Property type
condo
Borrower Details
Credit score
600
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
A great opportunity for an EASY 50K!!
This is a 960 sqft 2bed/2bath condominium directly on Biscayne Bay in Miami, FL. It is located @ 800 Claughton island dr., #2204, Miami, Fl. 33131, Winning bid was 291,000 + a buyers premium of around 14k, I put in about 10k. Generally comps are 425k+ in this building. My office is in this unit, so I know all the history, etc., and I have another unit in same building (where I live). So it could be a quick flip, or rental unit. Depends on the investor(s). It is in the building of St. Louis on Brickell Key, a private island located a block from the Financial District in Miami.
This is a 960 sqft 2bed/2bath condominium directly on Biscayne Bay in Miami, FL. It is located @ 800 Claughton island dr., #2204, Miami, Fl. 33131, Winning bid was 291,000 + a buyers premium of around 14k, I put in about 10k. Generally comps are 425k+ in this building. My office is in this unit, so I know all the history, etc., and I have another unit in same building (where I live). So it could be a quick flip, or rental unit. Depends on the investor(s). It is in the building of St. Louis on Brickell Key, a private island located a block from the Financial District in Miami.
Status
Closed
Created
November 3, 2020 - 3:00pm
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