Coconut Grove Condo Flip or Rent

Coconut Grove Condo Flip or Rent

2 bed 2 bath 1156 sq ft Built in 1981 Condominium
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64
Quality of Comparables
Low High
12 /20
Level of Rehab
Heavy Light
16/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
3/10
Placement in Neighborhood
Busy Calm
4/10
Property Details

Affordable South Florida value add opportunity in a well known 55+ lifestyle community in Coconut Creek. This partially updated 2 bedroom, 2 bathroom condo presents an attractive entry point for investors, seasonal buyers, downsizers, or value driven purchasers seeking ownership in a desirable Broward County location without the premium price tag. Existing improvements are already in place while still leaving meaningful upside through light cosmetic enhancements and strategic updates.

Strong value add potential with the ability to modernize and elevate finishes without taking on a full scale renovation project. The largest capital improvement identified is replacement of the AC system, allowing buyers to clearly understand the primary improvement needed upfront while maintaining manageable rehab exposure.

Situated within an amenity rich community with convenient access to shopping, dining, golf, medical facilities, and major roadways. Strong appeal for snowbirds, retirees, owner occupants, and buyers seeking low maintenance South Florida living. No known special assessments adds an additional layer of confidence in today’s condo market.

Affordable positioning, clear upside potential, and long term market desirability make this one worth a serious look. Contact your EquityPro Advisor today.

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We recommend flip
Rental Income
$1,800 mo. / $21,600 yr.
Estimated Taxes
$3,498 / yr.
Maintenance
$500 / yr.
HOA Dues
$9,132 / yr.
$5,670
Projected Income
4.53%
Estimated APY
$36,876
Projected Income
24.90%
Estimated ROI

Comps

 
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Sold

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