Saint Pete Condo for 55k!

Saint Pete Condo for 55k!

1 bed 1 bath 585 sq ft Built in 1969 Condominium
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77
Quality of Comparables
Low High
14 /20
Level of Rehab
Heavy Light
16/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Affordable entry point into the St. Petersburg market. This 1 bedroom, 1 bathroom condo presents an attractive opportunity for buyers seeking low barrier entry into ownership, seasonal use, or long term positioning in a high demand Florida market. Conveniently located with close proximity to shopping, dining, parks, major roadways, and just a short drive to downtown St. Pete and area beaches.

The unit offers functional living space with strong upside for cosmetic improvements, allowing a buyer to personalize or modernize over time without taking on a major renovation project. Whether you are a first time buyer, snowbird, downsizer, or value focused investor exploring an affordable foothold in Pinellas County, opportunities at this price point are becoming increasingly difficult to find.

Community amenities and simplified living add convenience, while the included water utility helps reduce day to day ownership management. Entry level pricing paired with location and long term market desirability make this one worth a closer look.

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We recommend flip
Rental Income
$1,250 mo. / $15,000 yr.
Estimated Taxes
$1,600 / yr.
Maintenance
$200 / yr.
HOA Dues
$8,628 / yr.
$1,572
Projected Income
2.51%
Estimated APY
$15,638
Projected Income
21.03%
Estimated ROI

Comps

 
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