Take a look at this 1-bedroom, 1-bathroom villa located in the highly desirable area of Saint Petersburg, currently selling below its Just Value. This villa has a second room that was previously used as a bedroom but has no built-in closet. Positioned in a central location, this property offers excellent potential for investors looking to capitalize on both immediate value-add and long-term appreciation. 

This property will require a full interior update to unlock its full potential. The kitchen, bathrooms, flooring, and general finishes are all outdated and will need to be renovated. We budgeted to replace the flooring, and update the kitchen, bathroom, and appliances.

Within the Townhouse Northwest community, we have some great rental comparables. Same-sized units are renting for $1,200 per month outdated and $1,300 per month updated. We also have a comparable sale within the same community that sold for $160,000 outdated with two-full bedrooms. This villa would work great as a buy and hold or a fix and flip.  

Don't miss this opportuniuty to secure this fixer upper in a centrally located area of St. Pete.  Contact an EquityPro advisor today to secure this great investment.