ST. PETERSBURG 4/2 FIX & FLIP | $269,999 ASK | $405K ARV | $390K–$435K SOLD COMPS
PROPERTY OVERVIEW
Location: St. Petersburg, FL
Asking Price: $266,000
Estimated ARV: $405,000
Property Type: Single-Family Residence
Bedrooms: 4
Bathrooms: 2
Living Area: 1,500 SqFt
Lot Size: 7,588 SqFt
Occupancy: VACANT
County: Pinellas County, Florida
Escrow Deposit: $10,000
Transaction Type: Assignment
Target Closing: November 29, 2026
Showing Instructions: By Appointment — 24 Hours Notice
PROPERTY HIGHLIGHTS
ST. PETERSBURG FIX & FLIP OPPORTUNITY — ACQUIRE AT 66.7% OF PROJECTED ARV WITH REPORTED SOLD COMPS UP TO $435,000!
Attention Tampa Bay cash buyers, fix-and-flip investors, and landlords!
This vacant 4-bedroom, 2-bathroom single-family residence in South St. Petersburg presents an opportunity to acquire a property significantly below its projected after-repair value.
Offered at $269,999 with an estimated ARV of $405,000, the property features 1,500 SqFt of living area and a 7,588 SqFt lot, with three reported comparable sales ranging from $390,000 to $435,000.
WHY INVESTORS SHOULD TAKE A CLOSER LOOK:
$135,001 Gross Difference to ARV: Difference between asking price and projected resale value before renovation and transaction expenses.
66.7% of ARV: Asking price represents approximately two-thirds of the projected after-repair value.
$390K–$435K Sold Comps: Three reported comparable sales provide reference points for evaluating resale potential.
4 Bedrooms / 2 Bathrooms: Functional layout for resale to owner-occupants or long-term rental use.
1,500 SqFt Living Area: Existing residential footprint with renovation potential.
7,588 SqFt Lot: Outdoor space for landscaping and permitted property improvements.
Vacant Property: No tenant relocation required based on reported occupancy.
Multiple Exit Strategies: Fix and flip or renovate and hold.
This property is being marketed as a fix-and-flip opportunity for investors looking to improve the existing residence and reposition it for resale.
Buyers should evaluate:
Kitchen cabinets, countertops, and appliances
Bathroom fixtures and finishes
Interior flooring, painting, and lighting
Exterior improvements and landscaping
Roof condition and remaining useful life
HVAC, electrical, and plumbing systems
Windows, doors, and structural components
Any additional repairs identified during inspection
Estimated Repair Costs: To be determined following property inspection and contractor assessment.
The items above are suggested inspection areas, not confirmed defects.
ARV BREAKDOWN & SOLD COMPARABLES
ESTIMATED AFTER REPAIR VALUE: $405,000
COMP #1 — 2231 Lamparilla Way S, St. Petersburg, FL 33712
Reported Sold Price: $435,000
Sale Date: To be verified
Property specifications and condition: To be verified
COMP #2 — 1935 19th Street S, St. Petersburg, FL 33712
Reported Sold Price: $399,900
Sale Date: To be verified
Property specifications and condition: To be verified
COMP #3 — 2250 22nd Street S, St. Petersburg, FL 33712
Reported Sold Price: $390,000
Sale Date: To be verified
Property specifications and condition: To be verified
ARV ANALYSIS
Lowest Reported Sold Comp: $390,000
Highest Reported Sold Comp: $435,000
Estimated ARV: $405,000
Asking Price: $269,999
Asking Price as Percentage of ARV: 66.7%
Gross Difference Between Asking Price and ARV: $135,001
Estimated Renovation Costs: Pending
Projected Net Profit: To Be Determined
The projected $405,000 ARV falls within the range of the three reported comparable sales.
Buyers should independently verify the comparable properties' closing dates, living areas, bedroom and bathroom counts, renovation conditions, and location differences before relying on the projected ARV.
The $135,001 gross difference is not projected profit. Renovation, financing, holding, closing, and resale expenses must be deducted.
INVESTMENT POTENTIAL
FIX & FLIP OPPORTUNITY
Acquire at $269,999, complete an appropriate renovation, and pursue resale based on verified comparable sales and the property's finished condition.
The existing 4-bedroom, 2-bathroom layout may appeal to retail buyers seeking additional bedrooms and living space.
BUY & HOLD OPPORTUNITY
Evaluate the property for long-term rental income following improvements.
Investors should independently verify rental rates, insurance, property taxes, financing, and operating expenses.
LOT & EXTERIOR VALUE-ADD
The 7,588 SqFt lot offers potential for landscaping, outdoor improvements, and enhanced curb appeal.
Any additions or structural modifications are subject to zoning, setbacks, permitting, and municipal approvals.
Request additional information, schedule a showing, or submit your offer today.
WHOLESALERS ADD YOUR FEE ON TOP.
DISCLAIMER
HomeSellers Investments and/or an affiliated contracting entity may hold a contractual or equitable interest in the property and may market that interest for assignment or resale.
Buyers must independently verify property condition, occupancy, square footage, zoning, permits, comparable sales, ARV, repair costs, title, and all investment assumptions. Pricing, terms, and availability are subject to change.
More About This Property
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ARV $405,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $269,000.
