This property located in the Brickell Business District of Miami has good bones with its two-bedroom, two-bath layout and decent square footage of 1,090 sqft. However, its flip potential is limited due to its recent renovation in 2006 and the current market dynamics. Comp properties in the area suggest values around $700K to $800K, which is promising, but the recent high valuations contribute to a tighter profit margin for a flip.
If you're considering selling, focus on cosmetic upgrades like fresh paint and modern fixtures to enhance appeal without major renovations. Given the recent comps, a light staging and marketing effort can also help attract buyers quickly. Alternatively, if you seek to invest, holding onto this property might yield better returns in the long run, as the Brickell area continues to grow.