House flips in St Petersburg, FL 33716
Homes in ZIP 33716 (Pinellas County) bought and resold within 24 months since 2023.
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The ZIP 33716 flip market at a glance
Since January 2023, county public records show 8 house flips in ZIP 33716: homes bought and resold within 24 months at a meaningful markup. The typical flip was bought for $428,000 and resold for $492,500 after 496 days, a median gross spread of $58,000 (average $68,212). Flip volume fell 67% from 6 resales in 2023 to 2 in 2024, while the median spread moved from $75,500 to $47,550. 12% of flips here resold within six months. The property mix is 62% single-family, 38% condo. The largest gross spread on record here is $125,000, bought at $600,000 and resold at $725,000.
Flips by year
| Resale year | Flips | Median buy | Median resale | Median spread | Median days held |
|---|---|---|---|---|---|
| 2023 | 6 | $316,750 | $371,500 | $75,500 | 496 |
| 2024 | 2 | $444,950 | $492,500 | $47,550 | 478 |
All flips in 33716
| 123 Valencia CirSt Petersburg, 33716 · Single-family · 1,990 sq ft | Sep 23, 2022 | $425,000 | May 29, 2024 | $469,000 | 614 | $44,000 | +10% |
| 402 Barcelona DrSt Petersburg, 33716 · Single-family · 1,990 sq ft | May 5, 2023 | $464,900 | Apr 10, 2024 | $516,000 | 341 | $51,100 | +11% |
| 11212 Beach Walk Way NeSt Petersburg, 33716 · Single-family · 1,895 sq ft | Jul 27, 2022 | $431,000 | Oct 2, 2023 | $520,000 | 432 | $89,000 | +21% |
| 731 115Th Ave N # 1710St Petersburg, 33716 · Condo · 790 sq ft | Apr 12, 2023 | $120,000 | Jul 19, 2023 | $182,000 | 98 | $62,000 | +52% |
| 173 114Th Ave N #173St Petersburg, 33716 · Condo · 993 sq ft | Dec 10, 2021 | $202,500 | Jun 24, 2023 | $223,000 | 561 | $20,500 | +10% |
| 720 Addison Dr NeSt Petersburg, 33716 · Single-family · 1,674 sq ft | Oct 1, 2021 | $479,900 | Apr 28, 2023 | $580,000 | 574 | $100,100 | +21% |
| 11901 4Th St N # 3203St Petersburg, 33716 · Condo · 665 sq ft | Apr 14, 2021 | $105,000 | Feb 20, 2023 | $159,000 | 677 | $54,000 | +51% |
| 612 Saxony BlvdSt Petersburg, 33716 · Single-family · 2,982 sq ft | Jun 17, 2022 | $600,000 | Jan 31, 2023 | $725,000 | 228 | $125,000 | +21% |
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Frequently asked questions
How many homes are flipped in ZIP code 33716?
Suncoast Flips found 8 home flips in ZIP code 33716 with a resale between January 1, 2023 and Oct 19, 2026, including 0 in the last 12 months of recorded sales. A flip here means the same home sold twice within 24 months, both as qualified market sales, with the resale at least 10% and $20,000 higher.
What is the average house flip profit in ZIP code 33716?
The median gross spread (resale price minus purchase price) is $58,000; the average is $68,212. The median gain is 21% of the purchase price. Gross spread is before rehab, holding, financing and closing costs, so actual profit is lower.
How long do flippers hold homes in ZIP code 33716?
The median time between purchase and resale is 496 days, or about 16 months.
What do flipped homes in ZIP code 33716 sell for?
The median flip was bought for $428,000 and resold for $492,500.
Which county and city is ZIP 33716 in?
ZIP 33716 is in Pinellas County, mostly St Petersburg. All Pinellas County flips · All St Petersburg flips.
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