The property at 348 Red Ash Cir, Englewood, FL, is situated in the desirable Englewood Isles neighborhood, offering an updated 3-bedroom, 2-bathroom layout with a private saltwater pool and modern features like impact-resistant windows. The median listing price in the area is $525K, and the property is competitively priced at $545K. However, the average price per square foot in the comps is $294, while this home is listed at $236/sqft, suggesting room for appreciation. Recent renovations, including the kitchen and HVAC system, reduce immediate renovation needs, potentially limiting flip ROI.
Focus on enhancing the curb appeal and modernizing the interior with minimal updates to maximize resale value. Key improvements could include refreshing landscaping, updating fixtures for a more contemporary look, and ensuring the pool area is highlighted to attract buyers. Given the neighborhood’s desirability and competitive pricing, this property has medium flip potential for investors aiming for a quick turnaround.