The Flip Potential of 13305 SW 22nd Ter Miami, FL🏡 is medium.
Current Specs
3 Bed / 2 Bath
1,767 sqft
$91 per sqft
Estimated Value$160,000
Flip Advice
This 3-bed, 2-bath single-family home in Miami, FL has moderate flip potential. Built in 1985, it's listed at $160K, well below its estimated value of $245K. The property features a pool and is located on a decent-sized 8,494 sq ft lot. However, it's being sold as-is through an online auction, which could indicate potential issues or needed repairs.
Consider bidding, but proceed with caution. The $85K difference between list price and estimated value suggests profit potential, but factor in renovation costs and possible hidden issues. Conduct a thorough inspection if possible. Be prepared for competition at the auction, and set a firm maximum bid to avoid overpaying. Consider the neighborhood's appreciation potential for long-term value.
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 13305 SW 22nd Ter: