1951 Built Block 3/2 SFR in Opa Locka

This 3-bedroom, 2-bathroom single-family home is located in Opa Locka, FL 33054. Built in 1951 with concrete block construction, the property has 1,092 sq. ft. of living area, an attached garage, and sits on a 7,813 sq. ft. lot with no HOA. This is a direct-to-seller off-market asset requiring a full renovation. The property contains significant debris; cars parked in front will be towed prior to closing. The buyer assumes responsibility for the remaining trash-out, including an inaccessible area blocked by boxes off the kitchen. The property will be delivered vacant at closing.

🛠️ Rehab Scope (Estimated)

• Trash-Out: Extensive debris removal required post-closing. Inspect and remediate for potential mold.
• Systems: Roof and HVAC ages are unknown; budget for full replacements based on current asset condition.
• Interior: Full gut required. Modernize kitchen, both bathrooms, flooring, drywall, and fixtures to reach retail ARV.
• Layout: Clear the blocked area accessed via the kitchen to maximize the 1,092 sq. ft. footprint.
• Exterior: Pressure wash block, repair stucco, and execute full landscaping clean-up on the 7,813 sq. ft. lot.

🟣 Comparable Sales

1. 1050 Superior St – 3/2 | 1,308 sf | **Sold $500,000** ($382/sf) | 12/26/2025 | Same Street Comp
2. 740 W Superior St – 3/1 | 1,112 sf | **Sold $485,000** ($436/sf) | 09/30/2025 | Same Street (Inferior bath count)
3. 15231 NW 28th Pl – 3/2 | 1,080 sf | **Sold $480,000** ($444/sf) | 11/07/2025 | Direct Size/Bed Comp
4. 719 Harem Ave – 3/2 | 1,280 sf | **Sold $500,000** ($390/sf) | Late 2025 | Renovated Comp

💰 ARV Analysis

Market data demonstrates strong demand for renovated block homes in this immediate subdivision. Sales on the exact same street establish a clear baseline: 740 W Superior St (a 3/1) sold for $485,000, and 1050 Superior St (a 3/2) sold for $500,000. Furthermore, a direct size and bed/bath comparable at 15231 NW 28th Pl (1,080 sf) recently sold for **$480,000** ($444/sf). A fully stabilized 3/2 layout at this square footage firmly supports an exit in the high $400s.

Estimated ARV: $480,000 – $500,000 +/-

Projected Rent: $2,800 – $3,100/mo