Ecologic

PRICE: $369,990 ·

ARV: $495,000 ·

Beds: 3 ·

Baths: 1.5 ·

Livable Sqft: 1,466 ·

Sqft: 2,030 ·

Year Built: 1947 ·

Lot Size: 0.10 Acres ·

Parking: Garage ·

Comp: $· - $·

1st Avenue S, St Petersburg, FL 33711

Description

🏠 33711 – Stunning St. Pete Block Flip!

🛏️ 3 Bedrooms | 🛁 1.5 Bathrooms | 📏 1,466 sqft | 🌴 4,482 sqft Lot

Welcome to your next investment opportunity in the heart of St. Petersburg! This charming block home in Central Avenue Heights offers immense potential for flipping or rental income, boasting a prime location near downtown and the beautiful St. Pete beaches.

Key Features:

  • Central Location: Enjoy easy access to downtown and St. Pete beaches, making it an ideal spot for both residents and tourists.
  • Versatile Layout: This home features 3 bedrooms, 1 full bath, a half-bath, and a bonus room that could serve as an additional bedroom or office space.
  • Attached Garage: Benefit from the convenience of an attached garage accessible from the back alley, providing secure parking.
  • Recent Roof Replacement: The roof was recently replaced, ensuring durability and peace of mind for the new owner.
  • Potential Updates: Enhance the property’s value with updates to the kitchen, bathrooms, flooring, and AC, maximizing returns on your investment.
  • Conservative ARV: After thorough research, the conservative after-repair value is estimated at just under $500,000, with comparable sales ranging from $488,000 to $500,000.
  • Investment Opportunity: While ideal for flipping, this property could also be held as a rental, generating a monthly income of $2,200.

💰 After Repair Value: $495,000 | 💼 Rehab Projection: $38,500 🏡 We Offer Hard Money Loan!

Disclaimer:

Terms and conditions applicable to all transactions:

  1. Buyers must conduct their own due diligence.
  2. Properties are sold “AS-IS” without an inspection period.
  3. Buyer pays all closing costs.
  4. We sell assignable purchase contracts.
  5. No written or oral representations are made about the properties.
  6. A non-refundable earnest deposit is required.
  7. Proof of funds will be requested.
  8. We do not offer warranties on the property.
  9. We are not licensed contractors or appraisers.
  10. The seller holds an equitable interest in the property.

For properties under contract and for sale:

  1. Offers are cash or private money only.
  2. A minimum non-refundable deposit is required.
  3. Properties are sold “AS-IS” without contingencies.
  4. Buyers must conduct their own due diligence.
  5. Buyer pays all closing costs.
  6. Rehabilitation costs, taxes, and insurance are estimated.
  7. Open or expired permits are not a title defect.

We appreciate your loyalty and trust.

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