The Flip Potential of 3650 NW 18th St Miami, FL is medium.
Current Specs
4 Bed / 2 Bath
2,500 sqft
$228 per sqft
Estimated Value$568,900
Flip Advice
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.
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 3650 NW 18th St: