Small St. Pete Rehab In Non-Flood Zone

This small frame St. Petersburg bungalow is a 2-bedroom, 1-bath home with 732 sq. ft. on a roughly 5,100 sq. ft. lot in Flood Zone X. Photos show a full rehab project: exterior overgrowth, siding/trim work, dated interior finishes, rough flooring/ceilings, older kitchen and bath, and system verification needed. There is no garage visible, so the value needs to be tied to small renovated 2/1 sales inside the immediate pocket, not larger 3/2 or garage-heavy comps.

Repairs Needed

• Full interior renovation
• Kitchen and bath replacement
• Flooring, drywall/ceiling repair, paint, trim, fixtures, and doors
• Exterior siding/trim repairs and paint
• Yard cleanup and debris removal
• Roof, HVAC, electrical, and plumbing verification
• Porch/entry cleanup and final punch-out

Comparable Sales

1. 6515 30th St N, St. Petersburg | 2/1 | 831 SF | Closed Jun 22, 2026 | $257,000 | $309/SF | 0.23 mi | Garage: No | Pool: No – best direct support; close, small, same bed/bath count.
2. 2881 61st Ave N, St. Petersburg | 2/1 | 1,024 SF per MLS/Realtor, conflicting public-record size | Closed Oct 7, 2025 | $290,000 | 0.05 mi | Garage: Converted | Pool: No – very close, but marketed as a renovated “2-for-1”/ADU-style opportunity, so I would not treat it as direct support.
3. 2050 67th Ave N, St. Petersburg | 2/1 | 1,100 SF | Closed Jan 30, 2026 | $375,000 | $341/SF | 0.71 mi | Garage: Yes | Pool: No – larger, garage, corner-lot renovated comp; upper context only.
4. 6534 29th Way N, St. Petersburg | 3/2 | 1,314 SF | Closed Sep 18, 2025 | $350,000 | $266/SF | 0.22 mi | Garage: Converted | Pool: No – close and renovated, but larger 3/2, so not direct 2/1 support.

ARV & Rental Analysis

• Estimated likely ARV fully renovated: $230,000 to $245,000 +/-
• Estimated rent: $1,750 to $1,950/month +/-