The Flip Potential of 6752 SW 77th Ter South Miami, FL🏡 is medium.
Current Specs
Multi-Family
1 Units
2 Bed / 1 Bath
1,020 sqft
$715 per sqft
Estimated Value$728,988
Flip Advice
This 1930-built South Miami property shows significant potential for flipping. Its current valuation of $729K is well below the median sold price of $602K-$1.14M in the area, depending on comparable properties. The home's small size (1,020 sqft) and dated features present opportunities for value-adding renovations.
Consider adding a bedroom and bathroom to maximize ROI. Comps suggest this could increase the value to around $885K, a 21% gain. Focus on modernizing the kitchen and bathrooms, and potentially expanding the living space. Given the property's age, ensure thorough inspections for any underlying issues before committing to major 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.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 6752 SW 77th Ter: