Flip report generated Jan 2, 2025
The Flip Potential of
1205 SE 11th Ct Fort Lauderdale, FL
home
is medium.
Current Specs
2 Bed / 2 Bath
1,691 sqft
$707 per sqft
Estimated Value$1,195,000
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 1205 SE 11th Ct:
Add 250 sqft...
+$151,617 (12.69%)
New Potential Value$1,346,617
Add a bedroom...
+$65,630 (5.49%)
New Potential Value$1,260,630
Add a bed & bath...
+$102,859 (8.61%)
New Potential Value$1,297,859
Flip Advice
The property at 1205 SE 11th Ct in Fort Lauderdale's desirable Rio Vista neighborhood boasts a spacious layout with an open floor plan and a pool, which are appealing features. However, its recent renovations may limit the potential ROI from a flip perspective, as most buyers may prefer a more dated property to invest in. The neighborhood's median listing price of $3.3M indicates a strong market, but this property’s current valuation at $1.2M may not support high profit margins.
Consider focusing on cosmetic upgrades to enhance its appeal rather than major renovations, which may not yield a significant return. Highlight the property’s strengths, like its outdoor space and proximity to parks and beaches, when marketing to potential buyers. Additionally, explore the option to add space, as architectural plans for a renovation are available, which could increase its value in the long run.
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1205 SE 11th Ct
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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.