The Flip Potential of 6303 SW 69th St South Miami, FL is medium.
Current Specs
3 Bed / 2 Bath
1,140 sqft
$833 per sqft
Estimated Value$950,000
Flip Advice
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.
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 6303 SW 69th St: