Property Description:
This 3-bed, 2-bath, 1,780 sf block home built in 1950 sits on a 9,104 sf lot in the Lakewood Estates area of South St. Petersburg. The property is delivered vacant at closing. Major systems are in place — roof (2012) and HVAC (2017) — making this a straightforward cosmetic rehab.
🛠️ Rehab Scope
- Full interior cosmetic renovation (kitchen, baths, flooring, paint, fixtures)
- Replace dated windows and doors as needed
- Update electrical and plumbing fixtures
- Exterior paint and landscaping for curb appeal
- Deep clean and yard refresh
🔵 Comparable Sales
- 719 37th Ave S – 1,616 sf | 1994 | $340,000 ($210/sf) – Renovated
- 801 37th Ave S – 1,450 sf | 1955 | $200,000 ($138/sf) – Dated finish
- 419 40th Ave S – 1,314 sf | 1953 | $392,000 ($298/sf) – Modern renovation
Based on recent nearby comps, a full renovation should support an ARV in the $380K – $399K range depending on finish quality and layout optimization.