Flip report generated Jan 22, 2025
The Flip Potential of
108 Santander Ave Coral Gables, Florida
is medium.
Current Specs
2 Bed / 2 Bath
1,476 sqft
$1,016 per sqft
Estimated Value$1,499,000
Flip Advice
The property at 108 Santander Ave, located in Coral Gables, is a charming single-family home with two bedrooms and two bathrooms. However, its current condition and recent renovations suggest limited immediate flip potential. The average listing price in this desirable neighborhood is around $1.07M, and this property is listed at $1.49M, which may be perceived as overpriced given the comps. Properties in similar condition have sold for less, indicating that a significant profit margin may be challenging.
To enhance its attractiveness during sale, consider minor cosmetic upgrades such as refreshing paint and landscaping, which could increase appeal without major investment. If the homeowner is not looking to sell immediately, maintaining the property in its current state while monitoring market trends may also be wise. Investors should carefully evaluate potential ROI based on future market conditions before proceeding with any extensive renovations.
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.