This 4-bed, 3-bath single-family home in Miami's Mary Ann Estates neighborhood shows strong flip potential. Built in 1988 with 2,629 sqft on a 15,600 sqft lot, the property has experienced remarkable appreciation, climbing from a $530K sale in 2019 to current valuations averaging $1.22M. The neighborhood demonstrates solid market stability with properties typically selling around $1.2M.
Consider a strategic renovation adding either space (to 2,879 sqft) or a bedroom and bathroom for maximum ROI. Comp data shows properties with these upgrades commanding $1.31-1.33M, representing an 8-9% increase in value. Focus on modernizing kitchen and bathrooms while maintaining the home's character to appeal to Miami's luxury buyers seeking move-in ready properties.