The property at 119 NW 85th St in Miami shows potential for flipping, especially given its size of 1,354 sqft and current valuation estimated around $694K. However, recent comps indicate higher valuations in the area, with similar properties averaging $888K and a median price of $635K. The neighborhood's desirability could enhance its appeal, but the property may require significant updates to match market standards.

Consider making cosmetic upgrades to modernize the interior and exterior, which could significantly increase its value. Focusing on curb appeal and functional improvements like kitchen and bathroom renovations could yield a higher return on investment. Given the current valuation and market trends, it might be wise to also consult with local real estate experts to strategize the best approach for a profitable flip.