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St Pete Fix & flip - Aggressively Priced with a LARGE PROFIT MARGIN!!

St. Petersburg, FL, 33712 view full address
For Sale
Listed at: October 22nd, 2024
Price
$197,000
ARV
$380,000
Gross Margin
$183,000
13 pictures, show all
Sq. Footage
1500
Type
Single-Family
Parking
Unassigned
Year build
1971
Lot size
4500.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
If someone buys for this price, no more offers will be accepted
Summary

ST. Pete Fix & Flip - Extremely desirable area with lots of buying activity. Flippers Dream!!

SUBMIT HIGHEST AND BEST - ALL OFFERS CONSIDERED. FIRST COME FIRST SERVE 

Condition: Needs modernizing & general updating. Interior doors and flooring need replacement, some updates to kitchen, Roof approx 10 years old, no leaks or issues HVAC in good working condition approx 12 years old. Larger home than most in the neighborhood & will command top of market price when flipped.

ARV = $385,000 - $390,000
OUR PRICE: $197,000 

Priced way under market value!!! Most comparable homes in the area are smaller than subject property.

Comparable Home Sales / Retail sales:

2250 22nd St S, Saint Petersburg, FL 33712 ( Sold 10/18/2024 for $390,000 )
2551 Langdon Ave S, Saint Petersburg, FL 33712 ( Sold 7/8/2024 for $399,000 )
3022 19th Ave S, Saint Petersburg, FL 33712 ( Sold 7/5/2024 for $383,999 )
1901 Union St S, Saint Petersburg, FL 33712 ( Sold 5/23/2024 for $369,900 ) 
2432 13th Ave S, Saint Petersburg, FL 33712 ( Sold 5/20/2024 for $350,000 ) 

 
Area Rental Rates: $2,300 to $2,500 / per month

 

 

 

 

Properties may be occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by an authorized representative at least 72 hours in advance. Upon acceptance of a winning bid, the buyer will receive a purchase & sale contract which must be completed along with $5k EMD received within 24 hours of winning bid acceptance. This property is secured with a binding purchase and sale contract as well as a memorandum recorded with the county and attached to the subject property securing seller/contract holder(s) financial or equitable interest. Any attempt to circumvent the contract holder will result in immediate legal action and recovery of financial damages including all legal fees required for such recovery. Information shared is confidential and privileged and shall not be re-shared or marketed without the explicit written consent of the contract holder. By submitting an inquiry, property address request, or making an offer you accept the terms and restrictions set forth in this statement.
Street View
Location
current deal
comparables
#2
 available
$123k
 sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact