The Flip Potential of 1261 SE Rickenbacker Ter Port Saint Lucie, FL 34952 is medium.
Current Specs
3 Bed / 2 Bath
1,176 sqft
$276 per sqft
Estimated Value$325,000
Flip Advice
This 3-bed, 2-bath home in Port Saint Lucie offers good flip potential. Built in 1978, it sits on a large 10,000 sqft lot, providing ample space for improvements. The property's current list price of $325K is below the neighborhood's median of $325K, suggesting room for value appreciation after renovations.
Consider a moderate renovation focusing on kitchen and bathroom updates, as well as enhancing the outdoor space to capitalize on the large lot. Adding a bedroom or bathroom could significantly increase value, potentially pushing it closer to the $371K valuation for 4-bed, 3-bath homes in the area. However, be mindful of the current market conditions and aim for a total investment not exceeding $350K to maintain a healthy profit margin.
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 1261 SE Rickenbacker Ter: