Condo 1BR 1BA - 8501 NW 8th St, Miami, FL

Miami, FL Real EstateReal EstateFannie Mae HomePathUpdated 4d ago

$220,000

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What this actually costs to close

List price: $220,000
Est. closing costs: $2,200 to $6,600
Est. all-in: $222,200 to $226,600

Closing costs run 1% to 3% and cover owner's title insurance, settlement or escrow fee, recording fees. Financing costs are excluded. Transfer tax is excluded: rates run 0% to 4%+ and who pays is set by local custom and negotiable.

Flip Score

Fair

60/100

Fair: roughly in line with typical prices for this category.

What goes into this score?

Bid competition20%

Time remaining20%

Bidding vs. starting price20%

Scored from this listing's price against sold lots in its category, how many people are bidding, how much time is left, and how far bidding has run past the start. Recomputed on every scrape. Not investment advice.

Is this a good deal?

Pro

Based on 302 comparable in-state sold lots.

Median sold

$4,000

Pro shows the typical range and your estimated resale margin.

Unlock with Pro

Estimates from comparable past auctions. Excludes transport, buyer fees, and resale markup. Not investment advice.

BidProwl Summary

This real-estate listing is being sold by Fannie Mae HomePath in Miami, Florida. The asking price is $220,000. BidProwl's Flip Score puts it at 60/100, which scores below the median for real estate.

Built from live listing data. Check the full description and inspect before bidding.

Description from Fannie Mae HomePath

8501 NW 8th St, Miami, FL 33126. 1 bed | 1 bath | 777 sq ft | built 1977. Fully remodeled 1 bedroom, 1 bathroom condo featuring a brand-new kitchen, updated bathroom, and large open living area. Located in a secure, gated community with 24/7 security. This home is centrally located with easy access to the expressway, shopping, and dining. Unit is conveniently situated next to the laundry facility and also has washer/dryer connection inside unit. Property has an assigned parking space and lots of guest parking available at all times! Property has reserves and can close with 10% down. Seller is willing to give $5,000 towards Buyer's closing costs.

Property location

Miami, FL 33126

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Fannie Mae

Seller on Fannie Mae HomePath

Bedrooms: 1

Bathrooms: 1

Living Area: 777 sq ft

Year Built: 1977

Property Type: Condo

Occupancy: Vacant

County: Miami-Dade

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Flip Score

Fair

60/100

Fair: roughly in line with typical prices for this category.

What goes into this score?

Bid competition20%

Time remaining20%

Bidding vs. starting price20%

Is this a good deal?

Pro

Based on 302 comparable in-state sold lots.

Median sold

$4,000

Pro shows the typical range and your estimated resale margin.

Unlock with Pro

Estimates from comparable past auctions. Excludes transport, buyer fees, and resale markup. Not investment advice.