Flip report generated Dec 31, 2024
The Flip Potential of
1001 SE 5th Ct Fort Lauderdale, FL
is medium.
Current Specs
3 Bed / 3 Bath
2,654 sqft
$820 per sqft
Estimated Value$2,175,000
Flip Advice
The property at 1001 SE 5th Ct, Fort Lauderdale, is a beautifully updated Italian villa in the desirable Rio Vista neighborhood. With 3 beds, 3 baths, and 2,654 sqft, it's currently listed for $2.175M. Comparable sales in the area show strong values, with average properties selling for around $2.3M. However, the extensive renovations already done may limit potential flipping profits since the ROI could be lower due to the recent updates.
If you're considering selling, focus on cosmetic improvements that appeal to buyers, such as staging the outdoor spaces and enhancing curb appeal. Given the competitive market in Rio Vista, positioning the property well could attract buyers quickly, even without major renovations. If you're looking to flip, assess the current market trends and consider whether the investment aligns with your financial goals.
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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.