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Updated about 7 years ago on . Most recent reply

High-end flips in Miami?
Hey,
I just wanted to get some input on the current market conditions and if there are high-end flips to do still in Miami, FL.
Most Popular Reply
Here is a report for the number of properties available South Florida counties - with owners who could be motivated to sell. Let me know if you want more detail.
+ Home market value over $500,000
+ Owners with high Equity
+ Single Family homes
+ One property per owner
+ Eliminate business owned
Two segments:
Absentee Owners
Owner lives anywhere in US, 10+ Year ownership
Senior Homeowners
Age 60-85, 20+ year ownership
County | Absentee | Seniors |
Broward | 847 | 1631 |
Collier | 2185 | 1749 |
Lee | 1593 | 1256 |
Miami-Dade | 1287 | 428 |
Monroe | 1480 | 1060 |
Palm Beach | 1712 | 4296 |
Total | 9,104 | 10,420 |