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MDWELL Property Flipping Hot in Florida ORLANDO, FLORIDA LAS VEGAS, NEVADA PHOENIX, ARIZONA TAMPA, FLORIDA MEMPHIS, TENNESSEE Average purchase price: $103,701 Average flipped price: $168,677 Annual change in home values: 12% Average purchase price: $133,198 Average flipped price: $203,945 Annual change in home values: 24% Average purchase price: $146,528 Average flipped price: $210,290 Annual change in home values: 33% Average purchase price: $79,538 Average flipped price: $113,676 Annual change in home values: 9% Average purchase price: $68,218 Average flipped price: $96,870 Annual change in home values: 13% Hot home: Grease star Olivia Newton-John has put her Jupiter Island home on the market for $6.2 million. She purchased the home in 2009 for $4.1 million and put in approximately $2 million in renovations. The waterfront estate sits on the edge of the Intercostal Waterway with views of the Jupiter Lighthouse and a white-sands beach. All of the home's doors and windows are hurricaneimpact-rated glass. Hot home: Ideal for the golf pro, this European-styled estate sits on 1.17 acres of the TPC Golf Course in Tournament Hills. The interior boasts an indoor pool, steam room, fitness center, and masseuse room. Other features include a theater, elevator, and library, replete with carved marble details and with 200-yearold stained glass. Outside, a pool, spa, turtle pond, and patio round out a relaxing alfresco living area. The home lists for $22.5 million. Hot home: Sometimes a simple life can still cost you more than $1,000 a square foot. This 18th century farmhouse sits on 4.16 acres, surrounded by a lush citrus grove. A large veranda overlooks the oversized heated pool, icehouse, and potting shed, and lush landscaping featuring flowers, shrubs, and trees provides a serene agrarian escape in the heart of Arizona. The home is on the market for $8.75 million. Hot home: Tino Martinez, former New York Yankees player and current Miami Marlins hitting coach, has put his Tampa home on the market. The 1952 home has about 11,000 square feet of space sitting on an acre of property. Inside, a mahogany-paneled office and a recreation room make up some of the decadent features. A large private gym and children's playroom round out the luxury amenities. The home lists for $6.2 million. Hot home: Spread out over 10 full acres, this palatial property houses a stable, pond, and palatial Georgian estate. In the back, a massive terrace overlooks the grounds. Inside, the layout features a study with a bar, a library, a gourmet kitchen, six bedrooms, and 12 baths. Upstairs, formal living spaces decked with fireplaces and sweeping views of the outdoors fill out the rest of the square footage in the $3.9 million mansion. 10 | The M Report