Clean – Cookie – Cutter St Pete Gem 1st St NE Saint Petersburg FL 33703
Cookie-cutter cosmetic flip in beautiful Saint Pete minutes from the water! The pendings around the property are showing that values are jumping right now, so today’s arv may be lower than tomorrows. We have taken into account that the house sits on a busy road while estimating our potential ARV. House has a very straightforward rehab and should get you in and out in no time.
Roof was redone in 2017 and water heater is new. AC is older but was recently serviced and is working well. One of the bathrooms was completely redone. The other is older. It may serve you well to replace the vanity. Most of what you spend on rehab will be redoing the floors as most of the house is carpet. Some interior paint would not hurt, but is not necessary. Electrical box will need replaced. Lastly the kitchen is the biggest variable. It is fine as it sits but does not pop. Stainless steel appliances would be a nice touch, and some granite wouldn’t hurt, but kitchen does not necessarily need to be addressed. Your rehab should range between $8k-$15k depending on how much work you decide to put into the kitchen.
There are several very similar houses in the area that have all sold at or around $250k. This is a very desirable part of Saint Pete, and at this price point you should have no issue moving this one quickly