This 4-bed, 2-bath Miami property offers moderate flip potential. Built in 1977, the 2,500 sqft home is currently valued at $569K, which is lower than comparable properties in the Flagami neighborhood. With nearby homes selling for $615-722K after renovations, there's room for value appreciation.
Consider a strategic renovation focusing on modernizing the kitchen and bathrooms while adding a third bathroom to maximize ROI. The property's size is attractive, but the monthly HOA fee of $692 will impact your carrying costs. Target a renovation budget of $60-80K to capture the $68-153K potential upside shown in comp data.