Flip report generated Mar 13, 2025
The Flip Potential of
1402 W Tharpe St Tallahassee, FL 32303
is medium.
Current Specs
3 Bed / 1 Bath
1,085 sqft
$108 per sqft
Estimated Value$117,500
Flip Advice
This 3-bed, 1-bath property in Tallahassee's Forest Heights neighborhood presents a compelling flip opportunity. Listed at $117,500 ($108/sqft), it's significantly below the area's median listing price of $269,450. The home's 'solid bones' and need for TLC suggest potential for value-adding renovations, particularly with its new roof and strategic location.
Consider pursuing this flip, focusing on cost-effective updates to maximize ROI. Prioritize kitchen and bathroom renovations, as these often yield the highest returns. Given the property's age (built 1956), address any potential structural issues early. Aim for a quick turnaround to minimize holding costs and capitalize on the current market conditions.
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.