The Flip Potential of 46 NE 101st St Miami Shores, FL is medium.
Current Specs
3 Bed / 3 Bath
1,523 sqft
$590 per sqft
Estimated Value$899,000
Flip Advice
The property at 46 NE 101st St in Miami Shores is a charming 1930s single-family home with 3 beds and 3 baths, boasting features like vaulted ceilings, hardwood floors, and a newer roof. The lot size of 8,625 sqft is above the neighborhood median, and the price per sqft of $590 is slightly above the average comps, which range between $459 and $541. The Miami Shores market is healthy but competitive, with homes selling below asking and a median price of $1.2M. However, the home’s current list price of $899K aligns well with the area’s median and average valuations.
To maximize appeal, consider modest upgrades that enhance its character, such as landscaping, modernizing the kitchen, or refining the converted garage space. This home already has desirable features like impact windows and a newer roof, so avoid over-renovation. For flippers, the estimated ARV is around $1M based on comps, leaving limited room for significant profit after renovations. For homeowners, presenting it as move-in ready is key to attracting offers. Pricing competitively within market trends will be crucial for a quick sale.
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 46 NE 101st St: