🚨 FIX & FLIP OR BUY & HOLD under 200K🏡 2/2 in ST. PETERSBURG, FL🏡

About this property

Important Details: --> Vacant at close -> Flood Zone X (No flood insurance needed) Features: Flip or Development Opportunity in St. Petersburg's Desirable Live Oaks Neighborhood - This 2/2 home offers 860 SQFT and will be delivered vacant at close. Located in Flood Zone X (no flood insurance required), the property also features a detached storage building, adding additional utility and value. This presents multiple exit strategies in one of St. Petersburg's fastest-growing areas. Just minutes from the Gulf Coast beaches, Downtown St. Pete, the Grand Central District, the Edge District, and Beach Drive, the location continues to see strong demand and redevelopment. With new construction homes in the area selling for $750K+, this property is being offered at an impossible price for the neighborhood, creating a rare opportunity for investors. Whether you're looking to flip, redevelop, or hold long-term, this is an outstanding value in one of St. Petersburg's most desirable locations. Potential ARV: $385,000-$385,000 Rehab Description: To maximize resale value, the property will require a full gut renovation inside and out. Replace the roof and AC as needed, completely update the kitchen, bathrooms, flooring, fixtures, and finishes throughout, apply fresh interior and exterior paint, complete a thorough deep clean, and improve the landscaping to maximize curb appeal. With the strong redevelopment activity and new construction in the area, a fully renovated home will be well-positioned to stand out in the market. Ideal Investment Strategy: Resale/Develop/Rental Construction: FR Comp 1: 436 57TH ST N, ST PETERSBURG, FL 33710 2/1 788 SQFT 1958 Build PENDING @ $279,924 (Smaller and one bath/dated selling as-is) Comp 2: 4754 1ST AVE N, ST PETERSBURG, FL 33713 3/1.5 952 SQFT 1939 Build PENDING @ $375,000 (Dated/selling as-is) Comp 3: 4000 3RD AVE N, ST PETERSBURG, FL 33713 2/2 990 SQFT 1924 Build SOLD @ $385,000 3/27/26 (Updated) Comp 4: 3645 DARTMOUTH AVE N, ST PETERSBURG, FL 33713 2/1 906 SQFT 1940 Build SOLD @ $380,000 4/10/26 (1-BATH/Updated) Comp 5: 5717 2ND AVE N, ST PETERSBURG, FL 33710 3/1 941 SQFT 1953 Build SOLD @ $350,000 5/12/26 (1-BATH/Updated) Hard Money: Pre-Approved by OPS Loans for up to 75% LTV - See OPS Loans Hard Money Contact: Benjamin Valdez

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