The Flip Potential of 8637 Wakulla Springs Rd Tallahassee, FL 32305 is high.
Current Specs
3 Bed / 1 Bath
1,084 sqft
$46 per sqft
Estimated Value$50,000
Flip Advice
This property presents a moderate flip potential. It's a 3-bed, 1-bath single-family home on a large 1-acre lot, listed at $50,000. The house needs a full rehab, which could be attractive to investors. Its location is described as 'great', which is a positive factor. However, the property's age (built in 1954) and the extent of renovations needed could impact profitability.
Consider pursuing this flip opportunity, but proceed with caution. Get detailed estimates for the full rehab costs before committing. Focus on cost-effective renovations that will appeal to the local market. Given the large lot size, explore if there's potential to add value through outdoor improvements. Be prepared for unexpected issues due to the property's age and condition.
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 8637 Wakulla Springs Rd: