375 58th St N, Saint Petersburg, FL 33710
Your Perfect Investment Opportunity Awaits!
This single-family home has a ton of potential, and it’s already priced below market value. Here are some quick highlights:
- 3 Beds / 2 Baths
- 1 Car Garage
- Built-in 1963
- Living Area: 1,008 Sqft
- Asking Price: $269,000
- Projected Monthly Rent: $2,500 – $2,700
- After Repair Value (ARV): $385,000
- Rehab Projection: $35,000
Key Features:
- Prime Location: Situated on a corner lot with convenient parking from a back alley, away from street traffic.
- Recent Upgrades: The home was remodeled in 2017, including a new AC unit, water heater, kitchen upgrades, and more. Plus, all windows were replaced in 2022, making it super energy-efficient.
- Utility Improvements: Sewer line was updated within the last two years—so no surprise issues there!
- Potential for Growth: Partially converted garage for an additional bedroom and bathroom, giving you the opportunity to turn this into a 4-bedroom rental!
Important Note:
The property had some flooding recently, which was surprising since it’s not in a flood zone. A local neighbor mentioned possible city infrastructure issues that may have caused it. While there’s some water damage to take care of, a little elbow grease will get this property back to top shape in no time.
Why You Should Act Fast
This is a great chance to capitalize on Saint Petersburg’s strong rental market. With some light rehab work, you’re looking at a big equity jump to an ARV of $385,000!
For Sale: 10228 Amadeus Dr, Port Richey, FL 34668
Property Overview • Address: 10228 Amadeus Dr, Port Richey, [...]
For Sale: 29 N Washington St, Beverly Hills, FL 34465
Property Details: • Address: 29 N Washington St, Beverly [...]
For Sale: 24 Notre Dame St, Lake Placid, FL 33852
Property Details: • 24 Notre Dame St, Lake Placid, FL 33852 • [...]
For Sale: 2003 10th Street South, St. Petersburg, FL 33705
Address: 2003 10th Street South, St. Petersburg, FL 33705 [...]
Pick your expert. Book your free 15-minute consult now. We are here to help!
Meet Cody Bergstrom, Your Expert in Finding Deals
Meet Lisa Kaye Price, the LendingGig Top ML
Jay Michalec – COO & Property Management Expert at Graystone.
Our Top Articles
Florida’s Not Crashing—It’s Resetting: Why This Market Is Still a Goldmine for Smart Investors
The so-called "decline" in Florida’s housing market is nothing like 2008. Back then, we were dealing [...]
Subject-To Is Back, Baby: Why I’m Buying Infinite Return Properties in 2025
Subject-To Is Back, Baby: Why I'm Buying Infinite Return Properties in 2025 It’s crazy the [...]
From Unsold to Rented in 7 Days: How My Property Management Team Saved an Airman’s Wallet (and Peace of Mind)
From “I’m stuck” to “problem solved” in 7 days. You ever hear a story that reminds you why [...]
Property Profit Academy:
✔ Learn to buy properties with little to no money down.
✔ Build a $10M portfolio step by step.
✔ Master strategies like BRRRR and house hacking.
Agents, join us today!
