Flip report generated Feb 20, 2025
The Flip Potential of
1701 41st St S St. Petersburg, FL 33711
is medium.
Current Specs
3 Bed / 2 Bath
1,080 sqft
$208 per sqft
Estimated Value$224,999
Flip Advice
This St. Petersburg property, priced at $225K, shows potential but faces challenges. It's undervalued compared to the neighborhood median of $299.5K, suggesting room for appreciation. However, it's smaller than average at 1,080 sq ft, which might limit its appeal. The recent price drop of $4K indicates possible seller motivation, but also potential market resistance.
Consider a moderate renovation to boost value, focusing on kitchen and bathroom upgrades. The comp data suggests adding a bedroom or bath could significantly increase value, potentially to $259K-$300K. However, be cautious with your budget – the ROI might be tight given the current market conditions. If you're the current owner, these improvements could make your property more competitive for sale.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.