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Tampa still a good place to flip a house, new study says

For sale sign on Tampa Bay home. [SUSAN TAYLOR MARTIN | Times]
For sale sign on Tampa Bay home. [SUSAN TAYLOR MARTIN | Times]
Published Jul. 31, 2019

TAMPA — Despite rising prices, Tampa is still one of the best U.S. cities in which to flip a house. That's according to the personal finance website WalletHub, which compared 172 cities in terms of purchase price, gross return on investment, renovation costs and other criteria. Tampa came in sixth, the only Florida city to make the top 10. Farther down on the list are Orlando (29), Tallahassee (41), Jacksonville (50), St. Petersburg (70th), Fort Lauderdale (80th) and Miami (99th).

READ MORE: Tampa Bay's newest, tallest condo tower is almost done, and units already are being flipped for big bucks

Tampa is by far the largest city in the top 10, which is led by Sioux Falls, S.D. The worst places for flipping are Bridgeport, Conn. and Yonkers, N.Y.

Contact Susan Taylor Martin at smartin@tampabay.com or (727) 893-8642. Follow @susanskate.

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