The Flip Potential of 251 Berkley Rd Apt 203 Hollywood, FL 33024 is medium.
Current Specs
2 Bed / 2 Bath
920 sqft
$198 per sqft
Estimated Value$182,000
Flip Advice
This 2-bed, 2-bath condo in Hollywood, FL has moderate flip potential. Priced at $182K ($198/sqft), it's below the neighborhood median of $175K. The property was last sold in 2012 for $37K, indicating significant appreciation. Recent price reduction of $3K suggests some flexibility from the seller.
Consider pursuing this flip opportunity with caution. Focus on cost-effective upgrades to kitchen and bathrooms to maximize ROI. The condo's location in a senior community and amenities like pool and tennis courts are selling points. However, be mindful of the $538 monthly HOA fee when calculating potential profits.
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.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 251 Berkley Rd Apt 203:
Add 250 sqft...
+$71,697 (39.39%)
New Potential Value$253,697
0 Comparable Homes Found
Looking at ~1,123 sqft homes sold recently within 0.5 mi