Home / Angel Rodriguez / St. Petersburg ...

St. Petersburg 3/2 Flip Opportunity in Lealman Area – $169,000

$169,000 • 3 Beds / 2 Baths • 878 SqFt

Available

Offer Submission Deadline

House Type Single Family House
Bedrooms 3
Bathrooms 2
Year Built 1950
Approx.SqFt. 878

Description

This 3-bedroom, 2-bath frame home has 878 sq ft of living space, including the front porch, which is enclosed and under air. Built in 1950, the property sits in the Lealman / Arcadian Heights pocket of St. Petersburg, where small renovated homes are consistently selling in the mid-$200s to low-$300s. The home will be delivered vacant at closing.

🛠️ Rehab Scope (Recommended)

Full interior cosmetic renovation (paint, flooring, trim, doors)
Kitchen remodel
Bathroom remodels (2)
Electrical and plumbing updates as needed
HVAC evaluation and replacement if required
Roof inspection and repair or replacement if needed
Exterior paint, landscaping, and curb appeal
General cleanup and trashout

🟣 Comparable Sales

3253 57th Ave N – 2/1 | 860 sf | Sold $275,000 | $320/sf | 1953 build
5658 35th Way N – 2/1 | 736 sf | Sold $245,300 | $333/sf | 1925 build
3985 56th Ave N – 3/1 | 844 sf | Sold $269,000 | $319/sf | 1957 build
5929 32nd St N – 3/2 | 1,002 sf | Sold $350,000 | $349/sf | 1957 build

💰 ARV Analysis

Based on nearby renovated sales ranging from roughly $320–$350 per square foot, a renovated 3/2 of this size supports an estimated ARV in the $300,000–$320,000 range, depending on finish level and mechanical updates. We are going to say lower, to be on the safe side.