Active

$599,900

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 1898 sq ft
Overview
  • ID: MFRTB8495090
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 1898 sq ft
Property Details
Remarks
<INVESTOR SPECIAL> <LAST PRICE REDUCTION> <HIGHEST & BEST BY 4/30/26> This is an INCREDIBLE OPPORTUNITY in the HEART of Miami Springs- positioned directly in front of a beautiful long canal with a scenic walking, running, and biking path just steps from your front door. Located just minutes from Miami International Airport, parks, restaurants, shopping, major highways, and the City of Miami, the location is truly UNBEATABLE. Priced aggressively, this is an excellent opportunity for an investor looking for a high-upside fix-and-flip, or to hold as a long-term, cash-flowing trophy asset in one of Miami Springs’ most desirable neighborhoods. With the right vision and updates, this property has the potential to be a highly profitable investment with multiple exit strategies. This charming single-family home featuring a spacious, tree-shaded front yard with lush tropical landscaping that adds both privacy and character. A long driveway provides ample parking, while a defined walkway leads to a covered front porch. The stone-accented façade enhances curb appeal and creates a warm, inviting entry with strong upside potential. As you enter, you’re welcomed into a bright, open living area filled with natural light from large front-facing windows. The layout flows seamlessly into a dining space, creating a functional feel for everyday living and entertaining. The kitchen is currently in progress, offering a great opportunity to design and complete it to your taste. Existing cabinetry is in place, and the seller is including new appliances, tile, and additional materials- adding immediate value and helping offset renovation costs. The interior offers multiple living areas and a fireplace that adds character and potential as a focal point. Bedrooms are well-sized with a functional layout. The home will require updates, including ceilings, flooring, and finishes, while the bathrooms are in place but ready for renovation. A spacious utility/laundry room with hookups provides convenience and direct backyard access- making this a strong value-add opportunity ready for a full remodel. The backyard offers a mix of open green space and a large concrete pad, providing ample room to redesign, expand, or create a custom outdoor entertaining area. Surrounded by mature trees and tropical landscaping, the lot delivers privacy and that classic Miami feel. The property also features Miami Springs’ signature rear service alley, allowing for convenient garbage pickup and additional rear access. Major improvements include a brand new roof installed in 2021 with a 50-year warranty, along with plumbing and electrical systems in working order. The home utilizes window/wall A/C units. All improvements, including the utility room addition, were permitted. With NO HOA, there are no rental or occupancy restrictions—offering maximum flexibility for investors and end-users alike. This is a VALUE-DRIVEN opportunity in a prime Miami Springs location with serious upside potential. Whether you’re an investor or a savvy buyer looking to customize your dream home, this is your chance to secure a deal in a highly sought-after neighborhood. Priced for a quick sale—don’t miss out. <SCHEDULE A SHOWING TODAY> <NO ASSIGNABLE CONTRACTS>
Financial Considerations
Price:
$599,900
HOA Fee:
N/A
Tax Amount:
$13921.21
Price per SqFt:
$316.07
Tax Legal Description:
24 53 40 .16 AC REV OF REV FEC ADD TO HIALEAH S55FT OF TR 22 PB 31-18 LOT SIZE 55.000 X 130
Exterior Features
Lot Size:
7150
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Membrane, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
Other
Furnished:
Yes
Floor:
Carpet, Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1943
Construction Type:
Concrete, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    73 LUDLAM DR
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