Flip report generated Nov 23, 2024
The Flip Potential of
7930 SW 54th Ct Miami, FL
home
is medium.
Current Specs
4 Bed / 2 Bath
1,638 sqft
$1,102 per sqft
Estimated Value$1,805,013
Flip Scenarios
Explore renovation scenarios based on recent comps in or around High Pines that could increase the value of 7930 SW 54th Ct:
Add 250 sqft...
+$224,401 (13.32%)
New Potential Value$1,909,437
Add a bedroom...
+$49,452 (2.93%)
New Potential Value$1,734,488
Add a bed & bath...
+$111,874 (6.64%)
New Potential Value$1,796,910
Flip Advice
The property at 7930 SW 54th Ct in Miami's desirable High Pines neighborhood shows solid potential for a flip. With four bedrooms and a spacious 10,000 sqft lot, it offers ample space for renovations or new additions. The recent valuations, ranging around 1.68M, paired with the strong comps averaging 1.79M, suggest a good profit margin if flipped. However, the existing upgrades, like a solar system and a pool, may limit the ROI for major renovations.
Consider light cosmetic updates to enhance appeal without overinvesting. Focus on kitchen and bathroom refreshes, as well as landscaping improvements to attract buyers. Given the neighborhood's premium pricing, these updates can yield a significant return. If looking to maximize profit, evaluate the possibility of an addition to leverage the spacious lot while keeping budget in check.
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.