The property located at 22716 Penny Loop in Land O' Lakes, FL, features 1256 sqft with 2 baths and is situated in a desirable neighborhood, Lake Padgett South. The current estimated value is around $301K, which aligns well with recent comps showing median sold prices between $327K and $558K. However, its age (built in 2001) suggests it may not require extensive renovations, which could limit the potential for a significant flip ROI.
If you're considering flipping this property, focus on minor updates and cosmetic improvements to enhance its appeal without overspending. Given the competitive market and favorable location, pricing it attractively post-renovation could yield a good return. If you're a homeowner, similar updates can help increase the home's value and marketability when you decide to sell.