Hialeah and West Miami-Dade infill SFR flips are the engine of Miami-Dade's fix-and-flip market by transaction count. Distressed SFRs, estate sales, and absentee-owner properties in Hialeah's established residential grid trade at acquisition prices of $280,000-$400,000. Renovation scopes of $70,000-$140,000 covering kitchen, baths, HVAC, impact window compliance, and exterior improvements produce ARVs of $420,000-$570,000 in the Cuban-American and Venezuelan first-time homebuyer market. We fund acquisition plus renovation in a single close.
Doral and Kendall SFR flips target the Colombian and Venezuelan professional buyer market at ARVs of $550,000-$800,000. European kitchen finishes, contemporary master baths, outdoor living improvements, and professional landscaping are the renovation standards this buyer expects. Impact window compliance is required by permit scope in most Doral renovation projects. We build this cost into the budget analysis at origination.
Coral Gables Mediterranean Revival restoration is the high-margin segment. Acquisitions at $1.2-$2.5 million, restoration scopes of $300,000-$700,000, and ARVs of $2.0-$4.5 million when properly executed with CRB-compliant materials and craftsmanship. Loan terms are 12-18 months to accommodate the Coral Gables permitting environment. We do not structure 9-month loans for Coral Gables projects.
Allapattah and Little River flip financing serves the modern-industrial aesthetic buyer moving north from Wynwood. Properties acquired for $280,000-$450,000, renovated to the open-floor-plan industrial aesthetic at $80,000-$150,000, and sold to creative-economy buyers at $500,000-$700,000. These projects move quickly when properly executed.