Prime Location Saint Pete Flip

Prime Location Saint Pete Flip

2 bed 1 bath 1135 sq ft Built in 1952 Single Family
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73
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
15/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

This St. Pete SFR offers investors a strong flip opportunity with an affordable entry point in the growing 33711 market, minutes from Downtown St. Pete, Gulfport, the beaches, retail, and major employment corridors. Located near the highly sought-after Central Avenue district, this classic block home sits on a desirable corner lot along a picturesque brick road and offers with South St. Pete. A well-renovated home will attract first-time buyers, workforce buyers, and investors looking for value near the core of St. Petersburg without paying downtown or beach pricing.

This classic block home sits on a desirable corner lot along a picturesque brick road and offers 1,135 sqft of living space. Overall, this is a quick project with a straightforward cosmetic renovation needed inside and out. Review the itemized renovation breakdown below for details.

This is currently the cheapest block home in the entire 33711 zip code, giving investors a strong value position from day one. Combined with nearby sold comps moving in 30 days or less and comparable sales within approximately 0.2 miles, this property offers a clear opportunity for a fast cosmetic flip in a high-demand St. Petersburg location.

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We recommend flip
Rental Income
$2,400 mo. / $28,800 yr.
Estimated Taxes
$2,900 / yr.
Maintenance
$250 / yr.
HOA Dues
$0 / yr.
$22,650
Projected Income
8.44%
Estimated APY
$58,950
Projected Income
18.95%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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