5801 16th St. #2, St. Petersburg, FL 33705

5801 16th St. #2, St Petersburg, FL 33705
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$50,106
Sold on 12/16/16
Beds Baths Sq. Ft. Taxes Built
3 2.00 1,300 $1,040 1979
On the market: 42 days
View full details, photos, school info, and price history
Looking to save money on a home by buying something that just needs cosmetic finishings? This town home has 3 bedrooms, 2.5 baths and is getting listed at only $59,900. A smaller renovated town home in this same community recently appraised at $86000 so this unit could sell for at least 90k if renovated.

This home has a brand new AC unit, new water heater and the association just put new roofs on the entire community last month. This community is up and coming with many homes currently being renovated. All the major items have been taken care of in this unit and it has a solid structure. This would be perfect for someone looking to get their feet wet with home renovations without worrying about roof and structural problems. These units rent out for $1000-$1200 per month when renovated.

The floorplan features a great separation of living space and bedrooms with a large fenced in patio out back. The home is also only 50 feet away from the community pool which is currently being resurfaced.
This community is located in Pinellas Point right next to Lake Vista Park. This location is less than 5 minutes to I275 and less than 15 minutes to downtown and the beach. This is your chance to buy in a rapidly improving community and see appreciation with any improvements you make.
Listing courtesy of Chris Formico, MC HOMES REALTY INC & MC HOMES REALTY INC