Flip report generated Mar 12, 2025
The Flip Potential of
2046 Holmes St Tallahassee, FL 32310
is medium.
Current Specs
2 Bed / 1 Bath
1,160 sqft
$95 per sqft
Estimated Value$110,000
Flip Advice
This 1934-built property in Tallahassee's Hutchinson Heights neighborhood presents a compelling opportunity for investors. With 2 bedrooms, 1 bath, and 1,160 sqft on a spacious 8,276 sqft lot, it's priced at $110,000 ($95/sqft). Recently sold for $81,500 in May 2023, it's now listed 35% higher, indicating potential for appreciation.
Consider this property for a flip or rental investment. Its location near FSU, FAMU, and the upcoming LakeTown development enhances its appeal. Renovations could significantly boost value, as comps show higher valuations for similar properties. The large lot also offers expansion potential, which could further increase returns.
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.