The Flip Potential of
944 Lugo Ave Coral Gables, FL is low.

This Coral Gables property shows strong value appreciation, with current valuation estimates averaging around $4.28M compared to its $1.98M last sold price in 2019. The 2,655 sqft single-family home sits on an 11,500 sqft lot in a desirable FL market where properties typically sell for $607-744 per sqft with 70-104 days on market.

While adding a bedroom and bathroom could potentially increase value by $127K (3%), this property's already substantial appreciation suggests limited flip potential. Consider minor cosmetic updates instead of major renovations if selling, as the property has already seen significant value growth. The high valuation-to-purchase ratio indicates diminishing returns on extensive renovations.