St. Pete 4-Bed Value-Add: Largest Footprint in Disston Heights

This 4-bedroom, 2-bathroom single-family home with an attached garage is located in the non-flood zone Disston Heights neighborhood of St. Petersburg (33710). Built in 1956, the property features 1,752 SF of living area (per tax records) on a 7,619 SF lot. Off-market and priced at $389,000 ($222/SF), this property is priced significantly below recent neighborhood sales that hit $320–$370/SF.

House Assets

• Garage: Includes an attached garage-a functional differentiator in a pocket where many 1950s homes rely on carports or street parking.
• Non-Flood Zone: Located in Zone X
• Location: Centralized 33710 location with immediate proximity to the Tyrone Mall corridor and high rental demand.

Repairs Needed (Estimate)

1. Cosmetic Rehab: Requires full interior modernization (flooring, paint, lighting).
2. Kitchen/Baths: Original/dated layouts require a full gut to achieve top-tier ARV.
3. Mechanicals: Seller is unsure of the age of everything but states they are all in good shape
4. Landscaping: Minor exterior cleanup and paint refresh to match the “renovated” neighborhood standard.

🟣 Comparable Sales

1. 5235 10th Ave N | 3/2 | 1,729 SF | 1958 Built | 0.30 miles | Closed: 02/10/2026 for $555,000 ($321/SF). Condition: Renovated. Sold in 2 days. This is your closest SF match.
2. 5671 11th Ave N | 4/2 | 1,614 SF | 1954 Built | 0.40 miles | Closed: 01/22/2026 for $550,000 ($341/SF). Condition: High-end renovation. Establishes the 4-bedroom ceiling.
3. 6103 6th Ave N | 3/2 | 1,447 SF | 1945 Built | 0.40 miles | Pending at $539,900 ($373/SF). Condition: Premium renovation. Sold in 2 days, signaling extreme demand for turn-key product.
4. 5514 7th Ave N | 4/2 | 1,648 SF | 1955 Built | 0.40 miles | Closed: 11/15/2025 for $408,500 ($248/SF). Condition: Updated but dated. Represents the “standard” move-in floor.
5. 600 55th St N | 3/2 | 1,394 SF | 1956 Built | 0.20 miles | Closed: 10/28/2025 for $350,000 ($251/SF). Condition: Dated, smaller footprint.

🟡 ARV & Rental Analysis

With renovated comps in the $550K+ range at smaller square footages, a quality cosmetic rehab should hit the upper end of the estimated ARV.

• Estimated ARV: $535,000 – $555,000
• Projected Rent: $2,600 – $3,000/mo

⚠️ Post-possession through 6/30/2026 with a $15,000 holdback. Appointment required for access.