Flip report generated Mar 12, 2025
The Flip Potential of
2433 Eddie Rd Tallahassee, FL
is medium.
Current Specs
3 Bed / 2 Bath
1,085 sqft
$183 per sqft
Estimated Value$199,000
Flip Advice
This 3-bed, 2-bath property in Tallahassee, FL presents a moderate flip opportunity. Built in 1994, it's priced at $199,000 ($183/sqft), which is below the area's median. Recent updates include a 2017 roof and 2020 HVAC. The open layout and new tile flooring are attractive features, but being tenant-occupied may complicate immediate renovations.
Consider pursuing this flip with caution. Focus on cost-effective upgrades to maximize ROI. Prioritize kitchen and bathroom modernization, as these often yield the highest returns. Negotiate the purchase price if possible, aiming for a 70% rule target of around $170,000 (based on a conservative ARV of $240,000). Be prepared for potential delays due to the current tenant occupancy.
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.