ST. PETERSBURG 4/2 FIX & FLIP | $289,999 ASK | $405K ARV | $390K–$435K SOLD COMPS

PROPERTY OVERVIEW

Location: St. Petersburg, FL

Estimated ARV: $405,000

Property Type: Single-Family Residence

Bedrooms: 4

Bathrooms: 2

Living Area: 1,500 SqFt

Lot Size: 7,588 SqFt

Occupancy: VACANT

County: Pinellas County, Florida

Escrow Deposit: $10,000

Transaction Type: Assignment

Target Closing: November 29, 2026

Showing Instructions: By Appointment - 24 Hours Notice

PROPERTY HIGHLIGHTS

ST. PETERSBURG FIX & FLIP OPPORTUNITY - ACQUIRE AT $289,999% OF PROJECTED ARV WITH REPORTED SOLD COMPS UP TO $435,000!

Attention Tampa Bay cash buyers, fix-and-flip investors, and landlords!

This vacant 4-bedroom, 2-bathroom single-family residence in South St. Petersburg presents an opportunity to acquire a property significantly below its projected after-repair value.

Offered at $289,999 with an estimated ARV of $405,000, the property features 1,500 SqFt of living area and a 7,588 SqFt lot, with three reported comparable sales ranging from $390,000 to $435,000.

WHY INVESTORS SHOULD TAKE A CLOSER LOOK

$135,001 Gross Difference to ARV: Difference between asking price and projected resale value before renovation and transaction expenses.

66.7% of ARV: Asking price represents approximately two-thirds of the projected after-repair value.

$405,000-$435K Sold Comps: Three reported comparable sales provide reference points for evaluating resale potential.

4 Bedrooms / 2 Bathrooms: Functional layout for resale to owner-occupants or long-term rental use.

1,500 SqFt Living Area: Existing residential footprint with renovation potential.

7,588 SqFt Lot: Outdoor space for landscaping and permitted property improvements.

Vacant Property: No tenant relocation required based on reported occupancy.

Multiple Exit Strategies: Fix and flip or renovate and hold.

• INVESTMENT STRATEGY: FIX & FLIP | VALUE-ADD RENOVATION | BUY & HOLD
• REPAIRS NEEDED
• RENOVATION / VALUE-ADD OPPORTUNITY

This property is being marketed as a fix-and-flip opportunity for investors looking to improve the existing residence and reposition it for resale.

Buyers should evaluate

• Kitchen cabinets, countertops, and appliances
• Bathroom fixtures and finishes
• Interior flooring, painting, and lighting
• Exterior improvements and landscaping
• Roof condition and remaining useful life
• HVAC, electrical, and plumbing systems
• Windows, doors, and structural components
• Any additional repairs identified during inspection

Estimated Repair Costs: To be determined following property inspection and contractor assessment.

The items above are suggested inspection areas, not confirmed defects.

• ARV BREAKDOWN & SOLD COMPARABLES
• ESTIMATED AFTER REPAIR VALUE: $405,000
• COMP #1 - 2231 Lamparilla Way S, St. Petersburg, FL 33712
• Reported Sold Price: $289,999
• Sale Date: To be verified
• Property specifications and condition: To be verified
• COMP #2 - 1935 19th Street S, St. Petersburg, FL 33712
• Reported Sold Price: $289,999
• Sale Date: To be verified
• Property specifications and condition: To be verified
• COMP #3 - 2250 22nd Street S, St. Petersburg, FL 33712
• Reported Sold Price: $289,999
• Sale Date: To be verified
• Property specifications and condition: To be verified
• ARV ANALYSIS
• Lowest Reported Sold Comp: $390,000
• Highest Reported Sold Comp: $435,000
• Estimated ARV: $405,000
• Asking Price as Percentage of ARV: $405,000%
• Gross Difference Between Asking Price and ARV: $405,000
• Estimated Renovation Costs: Pending
• Projected Net Profit: To Be Determined

The projected $405,000 ARV falls within the range of the three reported comparable sales.

The $135,001 gross difference is not projected profit. Renovation, financing, holding, closing, and resale expenses must be deducted.

• INVESTMENT POTENTIAL
• FIX & FLIP OPPORTUNITY

Acquire at $289,999, complete an appropriate renovation, and pursue resale based on verified comparable sales and the property's finished condition.

The existing 4-bedroom, 2-bathroom layout may appeal to retail buyers seeking additional bedrooms and living space.

• BUY & HOLD OPPORTUNITY

Evaluate the property for long-term rental income following improvements.

• LOT & EXTERIOR VALUE-ADD

The 7,588 SqFt lot offers potential for landscaping, outdoor improvements, and enhanced curb appeal.

Any additions or structural modifications are subject to zoning, setbacks, permitting, and municipal approvals.

• SHOWING & OFFER INSTRUCTIONS
• VACANT PROPERTY - SHOWINGS BY APPOINTMENT
• Escrow Deposit: $10,000
• Estimated ARV: $405,000
• Target Closing: November 29, 2026
• 24 Hours Notice Required
• Full Property Address: Available Upon Request

Cash and qualified investor offers welcome.

• CONTACT HOMESELLERS INVESTMENTS
• DISCLAIMER