Big Potential Profit in St Pete, FL

Pinellas County, St. Petersburg, FL, 33709
Sold
Listed at: April 29th, 2022
Price
$220,000
ARV
$461,000
Gross Margin
$241,000
Sq. Footage
1216
Type
Single-Family
Parking
Garage
Year build
1958
Lot size
12005.00 sqft
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

$210,000 OBO. There plenty of potential profit but we understand that not everyone is ready for a project this big and will consider all offers.


The property is on a double corner lot. It is fully gutted and a blank slate for an investor who is able to handle a big project. It needs a new roof, HVAC, drywall, flooring, kitchen, bathrooms, and landscaping. It is a block home with a 1 car garage and comes with six hurricane windows that have not been installed but the owner paid over $6k for them.


The property is currently configured as a 2/1 but the garage can easily be converted to a master suite to add an extra bed/bath, 300 sqft and about $100k to the ARV.


There is a second buildable lot that is included and can either be split off for a new build or can be a large fenced in pool area for this house


3/2 Comps:


6406 68th Ave N $500,000

8119 46th Ave N $487,000

2921 67th Ln N $455,000

2798 66th Way N $405,000


3D Walkthrough
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Joe Yeager

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Disposition manager