Description

Investor Special in the sought-after Ponce de Leon neighborhood of St. Petersburg-this is a prime cash opportunity with exceptional upside. Situated on a spacious 60' x 126' corner lot with alley access, this 3-bedroom, 1-bath home offers flexibility for expansion, renovation, or reconfiguration. Owned by the same family for generations, the property retains charming architectural details including a brick façade, wraparound porch, hardwood floors, and custom built-ins that create a warm, farmhouse-inspired feel.The layout features a generous living and dining area ideal for entertaining, a kitchen with adjacent breakfast nook, and well-sized secondary bedrooms with ample closet space. The primary bedroom offers room for modification, including the potential to add a second bathroom. A rear bonus room provides additional living space and direct access to the backyard, where the former koi pond has been drained and two large storage units will convey-creating a blank canvas for a future outdoor retreat.This property requires renovation and is priced accordingly. Notable considerations include: roof approximately 24 years old (minor repair completed in 2025), prior termite damage with no available treatment records (subterranean termite warranty currently in place), visible ceiling damage in the primary bedroom, and unknown HVAC age. Water heater (2023), washer (2024), and dryer (2024) are included.Cash offers only-no blind offers or hard money loans. A rare opportunity for investors, flippers, or buyers looking to create value in a highly desirable location. Act quickly-opportunities like this are increasingly hard to find.