This property at 18312 Bankston Pl, Tampa, is a sizable single-family home with 6 bedrooms and 6 bathrooms, spanning over 5,400 sqft. Located in the Richmond Place neighborhood, the area shows promise with a median listing price of around $220K, indicating a stable market. Comp data suggests that properties of similar size and configuration are valued significantly higher, averaging about $913K. However, the current valuation of $854K indicates there may be limited room for major renovations.
If you're looking to flip, focus on minor cosmetic updates that can boost appeal without heavy investment. Consider enhancing curb appeal or modernizing kitchen and bathrooms, which usually yield good returns. Given the neighborhood's potential, listing after these changes could attract buyers and realize a profitable margin, albeit the potential is moderate due to the already established value of the property.