2246 SW 24th Ter, Miami FL 33145 | Miami-Dade County

2246 SW 24th Ter, Miami FL 33145 | Miami-Dade County | A12119799

$649,000

Description

**PRIME SILVER BLUFF INVESTMENT OPPORTUNITY — DISTRESSED PROPERTY!** Exceptional opportunity for investors, builders, and developers in Miami’s highly desirable Silver Bluff neighborhood! This property is a **TOTAL GUT RENOVATION**, offering the flexibility to completely renovate and transform the existing structure or explore demolition and new construction, subject to zoning and municipal approvals. Located in an established, sought-after neighborhood, this is an opportunity to acquire a distressed property with significant value-add potential. **SOLD STRICTLY AS-IS. CASH OFFERS STRONGLY PREFERRED.** Hard money financing offers will be evaluated on a case-by-case basis. Serious, qualified buyers only. Seller is seeking strong offers with substantial escrow deposits, short inspection periods, minimal contingencies, proof of funds, and expedited closings. No wholesale or assignable contracts. Buyers requiring hard money financing may contact the listing agent for preferred lender information. **BRING YOUR HIGHEST AND BEST OFFER!** Don’t miss this opportunity to invest in one of Miami’s most desirable neighborhoods!

Property Overview

This 1938 single-family home in Miami’s Silver Bluff neighborhood offers 2,886 square feet of living space across two bedrooms and one full bath. The property is listed for sale at $649,000 and is being offered strictly as-is. Buyers should note that the home requires a total gut renovation, with options to either restore the existing structure or pursue demolition and new construction, subject to local zoning and municipal approvals. The listing targets investors, builders, and developers looking for a value-add project in an established area. Sellers are prioritizing cash offers and request substantial escrow deposits, short inspection periods, and minimal contingencies. Hard money financing may be considered on a case-by-case basis, while wholesale or assignable contracts are not accepted. For specific details regarding financing preferences or to coordinate a showing, please call 305-859-4733.

Frequently Asked Questions

What is the condition of the property and how is it being sold?

The property is being sold strictly as-is and is described as a total gut renovation. It is a distressed property that offers the flexibility to completely renovate or explore demolition and new construction, subject to zoning and municipal approvals.

What are the requirements for making an offer?

Cash offers are strongly preferred, and hard money financing is evaluated on a case-by-case basis. The seller is seeking strong offers that include substantial escrow deposits, short inspection periods, minimal contingencies, proof of funds, and expedited closings. Wholesale or assignable contracts are not accepted.

What are the basic specifications of the home?

This single-family home has 2 bedrooms and 1 full bathroom. The living area is 2,886 square feet, and the structure was built in 1938.

What is the location and listing price of the property?

The property is located at 2246 SW 24th Ter, Miami, FL 33145, in the Silver Bluff neighborhood. The listing price is $649,000.

Is this property suitable for all types of buyers?

The listing is intended for serious, qualified buyers, including investors, builders, and developers. It is not suitable for buyers looking for a move-in ready home, as it requires significant work or new construction.

Monthly Fees & Carrying Costs

Membership Required: No

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This listing is courtesy of AGK Realty LLC.

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