This stellar fix-and-flip opportunity is located in the red-hot city of St. Petersburg. Priced just below assessed value, this home is in a sought-after area near Lake Maggiore on a quiet street. There was no flood or hurricane damage after Milton. The property is just minutes away from Downtown St. Petersburg, Gulfport, major hospitals, and I-275.
This solid block 3-bedroom, 2-bathroom home offers a blank canvas for the savvy investor, with interior walls in the bedrooms removed and some demolition already initiated. We recommend a full renovation, including a new roof, HVAC system, kitchen, bathrooms, and paint, to achieve maximum return on investment.
Although extensive updates are needed, the location and price point make this property a standout. With comparable properties in the area selling for around $400,000, the potential for a solid return is clear. Don’t miss this chance to transform a diamond in the rough into a valuable asset, and call your EquityPro Advisor today.