The Flip Potential of 4917 Tower Ct Tallahassee, FL 32303 is medium.
Current Specs
5 Bed / 1 Bath
3,792 sqft
$60 per sqft
Estimated Value$229,000
Flip Advice
This 5-bedroom, 1-bathroom Craftsman-style home on Little Lake Jackson presents a unique opportunity for investors. Built in 1981, the 3,792 sq ft property is priced at $229K, significantly below the area's median sold price of $572K. Its waterfront location and spacious lot are valuable assets, but the 'fixer-upper' condition suggests substantial renovation needs.
Given the low price point and desirable location, this property has strong flip potential. Focus on modernizing the interior, particularly adding bathrooms to match the bedroom count. Enhance the waterfront appeal with outdoor living spaces. With strategic renovations, you could potentially resell for $400K-$450K, considering the median price per sq ft of $154 in the area.
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 4917 Tower Ct: