Additional Details

• Important Details: --> Vacant at close
• Features: PRIME Location with great specs in coveted Maximo Moorings area, St. Petersburg!! This three-bedroom, two-bathroom concrete block home features 1,501 living sq. ft, an attached two car garage, and an enclosed lanai. You can't find anything available at this price point for this highly desirable location! This is an instant equity winner with the opportunity to make this property shine that will surely attract buyers while capturing the high upside profit potential! Don’t miss out!
• Potential ARV: $560,000-$580,000
• Rehab Description: For a flip or rental this needs a complete renovation to the interior of the property. Flooding from Helene occurred and the interior has been mitigated. The roof is 20 years old, but barrel tile and may need to replace some of the tiles. Kitchen, bathrooms, walls, flooring, fixtures, and appliances need to be replaced. The AC unit needs to be replaced. Apply interior/exterior fresh paint and deep clean. Finish up with landscaping to boost curb appeal!
• Estimated Rehab: $80,000-$90,000
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 5275 39th St S, Saint Petersburg, FL 33711 3/2 1961 SQFT 1959 Build SOLD @ $617,000 12/27/24 (Slightly bigger/updated)
• Comp 2: 5001 42nd St S, Saint Petersburg, FL 33711 2/2 1464 SQFT 1960 Build SOLD @ $520,000 09/13/24
• Comp 3: 4146 53RD AVE S, ST PETERSBURG, FL 33711 3/2 1632 SQFT 1974 Build SOLD @ $654,500 05/16/2024 (Updated)
• Comp 4: 5201 40TH ST S, ST PETERSBURG, FL 33711 3/2 1524 SQFT 1959 Build SOLD # $570,000 02/20/24 (Updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab