Flip report generated Jan 21, 2025
The Flip Potential of
3021 Coconut Grove Dr Coral Gables, Florida
is medium.
Current Specs
3 Bed / 2 Bath
1,189 sqft
$1,220 per sqft
Estimated Value$1,450,000
Flip Advice
The property at 3021 Coconut Grove Dr, Coral Gables, shows potential for a flip due to its prime location, being in a desirable neighborhood with a median listing price of around $1.07M. However, its current valuation of $1.45M may limit flipping opportunities unless significant improvements are made. The comps indicate strong values, but the property appears to have been well-maintained, which may reduce the ROI on a flip.
To enhance the property's appeal during a sale, consider minor cosmetic upgrades, such as fresh paint and landscaping to boost curb appeal. If you’re looking to flip, focus on creating an open-concept space that aligns with current buyer preferences while keeping renovation costs in check. These moves can help draw in potential buyers and justify a higher sale price.
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.