Pinellas Park Block Flip

Pinellas Park Block Flip

3 bed 2 bath 1144 sq ft Built in 1977 Single Family
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70
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
13/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
13/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Take a look at the lowest priced 3-bedroom concrete-block home in all of Pinellas Park. It is located near Helen S Howarth Community Park and Forbes Recreation Center, as well as a variety of shopping and dining options. Additional features include a screened-in porch, a fully fenced-in yard, a separate laundry room, and no rear neighbors. 

This well maintained home is primed for a quick turnaround with several recent updates over the last few years. The HVAC was replaced in 2022, the water heater was replaced in 2023, and the electric panel was updated in 2022. An added bonus of this property is the solar panels that were installed in 2022 and are paid in full. 

This investment would work well as a flip or rental. In order to maximize returns on a flip, we recommend replacing the roof along with a full interior update. We have comparable properties with converted garages selling as high as $385,000 in only four days on the market.  There are also three-bedroom rental comps bringing in $2,250 – $2,390 per month. This property works for all types of investors.

Block homes that are not in a flood zone are hard to come by at this price in Pinellas Park. Reach out to an EquityPro Advisor for more information today. 

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We recommend flip
Rental Income
$2,300 mo. / $27,600 yr.
Estimated Taxes
$4,799 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$18,041
Projected Income
6.52%
Estimated APY
$52,955
Projected Income
16.71%
Estimated ROI

Comps

 
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