Additional Details

• Important Details: --> Vacant at close --> Flood Zone X (No flood insurance required) --> NO HOA --> CBS
• Features: Textbook Flip Opportunity Under 240K in Sought-After Bonnie Bay Country Club Estates in St. Petersburg, FL! This 2/2 home offers 1,385 SQFT and will be delivered vacant at close. Featuring an attached two-car garage, fenced-in yard, NO HOA, and Flood Zone X (no flood insurance required), this property offers great specs at an attractive entry price point. The home also includes an additional 280 SQFT enclosed area not included in the main living square footage, along with a 252 SQFT screened-in lanai, providing extra space and functionality. Located in the desirable Bonnie Bay Country Club Estates neighborhood, this is a strong value-add opportunity for investors looking to fully renovate and reposition the property for resale. With great features, additional usable space, and a competitive entry price, a fully updated product has the potential to stand out and maximize resale value.
• Potential ARV: $410,000-$430,000
• Rehab Description: To maximize resale value, this property will require a full renovation inside and out. It is recommended to reconfigure the existing layout into a 3/2 by adding a third bedroom, as the current floor plan offers the space and flexibility to accommodate the conversion. This will help increase functionality and appeal to a larger pool of buyers. Replace the roof and AC system, completely modernize the interior with a new kitchen, updated bathrooms, flooring, fixtures, finishes, and fresh paint throughout. Address any necessary exterior repairs, update the enclosed area and screened-in lanai as needed, improve landscaping to boost curb appeal, and complete a thorough deep clean and remaining punch-list items to deliver a fully renovated, market-ready property.
• Comparable Rent: $2300-$2500/MO
• Construction: CBS
• Ideal Investment Strategy: Resale/Rental
• Comp 1: 6345 WOODLAND BLVD N, PINELLAS PARK, FL 33781 3/2 1136 SQFT 1976 Build SOLD @ $439,900 7/1/26 (Smaller/fully updated)
• Comp 2: 6345 WOODLAND BLVD N, PINELLAS PARK, FL 33781 3/2 1256 SQFT 1978 Build SOLD @ $385,000 10/9/26 (Cleaned up/dated)
• Comp 3: 5923 DUNFRIES ST N, ST PETERSBURG, FL 33709 3/2 1203 SQFT 1974 Build SOLD @ $376,000 6/126/26 (Smaller/dated)
• Comp 4: 5923 DUNFRIES ST N, ST PETERSBURG, FL 33709 3/2 1085 SQFT 1985 Build SOLD @ $364,900 6/8/26 (Smaller/dated)
• Comp 5: 6809 CIRCLECREEK DR, PINELLAS PARK, FL 33781 2/2 1248 SQFT 1979 Build SOLD @ $360,000 6/5/26 (Smaller/clean but dated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money