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.