Flip report generated Jan 29, 2025
The Flip Potential of
3127 SW 63rd Ave Miami, FL 33155
is medium.
Current Specs
4 Bed / 3 Bath
1,089 sqft
$574 per sqft
Estimated Value$625,000
Flip Advice
This property in Miami, with 4 bedrooms and 3 bathrooms, is situated in a desirable neighborhood. Its valuation at $625K is quite competitive compared to recent comps, where similar properties are valued between $669K and $750K. However, it has some renovations, limiting the ROI for a flip. The current tenants can also reduce immediate accessibility for potential buyers.
To enhance its appeal, consider minor cosmetic updates to the interiors, which could attract buyers looking for move-in ready homes. Additionally, marketing the property as an investment opportunity due to its current rental income may broaden your buyer pool. A focus on its spacious lot size and neighborhood benefits will also help.
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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.