This South Miami property presents an interesting opportunity for a flip. Built in 1970, the 1,140 sqft home sits on a generous 9,690 sqft lot in the desirable Cocoplum Terrace neighborhood. At $950K, it's priced at $833 per sqft, which is higher than the area median of $546-$566 per sqft based on comp data.
Given the high price per sqft and recent renovations, this may not be an ideal flip candidate for maximum ROI. However, the large lot size offers potential for expansion. Consider adding square footage or bedrooms/bathrooms to increase value, as comps show higher valuations for larger homes in the area. Alternatively, minor cosmetic updates could make it more attractive for resale to end-users.