Saint Pete Flip

Flip Return

Saint Petersburg, FL 33714

Bedrooms: 3     Bathrooms: 2.5     SQFT: 2,640

Year: 1950     ARV: $335,000

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This one is a big rehab however, the reward is even bigger! This single family home built in 1950, features 3 bedrooms, 2 1/2  bathrooms, a whopping 2,640 square feet, and sits on an over-sized lot (11,489 sqft). Nestled in a neighborhood full of properties being renovated, this flip opportunity is full of potential. Comparable homes that have been recently renovated are selling between $160 to $198 per square foot. Considering the square footage of this home, we have estimated our After Repair Value using only $125 per square foot.  With a nice profit margin over $60,000 and a NET Return over 20%, this is a very promising flip for any investor. Contact us for additional information.

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