Flip report generated May 25, 2025
The Flip Potential of
7960 Edgewater Dr Lake Clarke Shores, FL 33406
is medium.
Current Specs
Multi-Family
1 Units
2 Bed / 2 Bath
1,622 sqft
$472 per sqft
Estimated Value$765,000
Flip Advice
This lakefront property in Lake Clarke Shores offers solid flip potential with its waterfront location, pool, and no HOA fees. The home's 1622 sqft layout with 2 beds/2 baths is marketable, but smaller than neighborhood averages. Built in 1986, it likely needs modernization to maximize ROI in this hot market where median prices have jumped 22-134% year-over-year.
Focus on strategic upgrades rather than major expansion. Modernize kitchen and bathrooms, enhance the waterfront appeal, and consider converting the sauna to a third bedroom if feasible. With homes in Lake Clarke Shores selling for a median price of $775K and waterfront properties commanding premium prices, aim for a listing price of $900-950K after 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.