The Flip Potential of 1127 Abraham St Tallahassee, FL 32304 is medium.
Current Specs
3 Bed / 1.5 Bath
945 sqft
$85 per sqft
Estimated Value$80,000
Flip Advice
This 3-bed, 1.5-bath property in Tallahassee's Griffin College Heights neighborhood presents a compelling flip opportunity. Built in 1956 on a generous 7,841 sqft lot, the home's current list price of $80,000 is significantly below its recent appraisal of $130,000. At 945 sqft, it offers a manageable renovation project with potential for value-adding upgrades.
Consider purchasing and renovating this property to maximize its potential. Focus on modernizing the kitchen and bathrooms, and explore the possibility of adding square footage or converting to a 4-bed, 2.5-bath layout to align with higher-value comps in the area. Given the $50,000 gap between list price and appraisal, there's ample room for profitable improvements while remaining competitive in the local market.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 1127 Abraham St: