St. Petersburg Real Estate

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Mike DeBuccio Jr.
Specialist · Tampa, FL · Member since 2018 · 96 posts · 40 votes
8y

Hey Brian, 

I'm active down here in Tampa and St. Petersburg.. would love to chat about the current market conditions. Lets connect I'll shoot you a PM. 

2Reply
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  • Mike DeBuccio Jr.
    Specialist · Tampa, FL · Member since 2018 · 96 posts · 40 votes
    8y

    Hey Brian, 

    I'm active down here in Tampa and St. Petersburg.. would love to chat about the current market conditions. Lets connect I'll shoot you a PM. 

    2Reply
  • Brian Aragonez
    OP
    Investor · Hackensack, NJ · Member since 2018 · 9 posts · 13 votes
    8y

    thanks Mike

    0Reply
  • Adam Benmbark
    Real Estate Agent · Saint Petersburg, FL · Member since 2018 · 39 posts · 25 votes
    8y
    @Mike DeBuccio Jr. How can I get in on this chat?
    2Reply
  • Mike DeBuccio Jr.
    Specialist · Tampa, FL · Member since 2018 · 96 posts · 40 votes
    8y

    Hey @Adam Benmbark,

    I'll shoot you a PM man!

    0Reply
  • Ankit B.
    Investor · Tampa, FL · Member since 2016 · 8 posts · 3 votes
    8y

    I grew up in the St. Petersburg area and currently live in Chicago.  I'm actually looking for properties in the St. Pete/Tampa area to invest long distance.  The area has grow rapidly since I left in 2006 and continues to see interest from primary residence purchasers and investors.  The downtown area growth has been incredible and continues to remain robust.  Definitely a great area to continue to explore.  It's really competitive right now (as is the case in many parts of the country), but I'm sure there are hidden gems to be found.

    1Reply
  • Dave FosterBusiness Member
    Qualified Intermediary for 1031 Exchanges · St. Petersburg, FL · Member since 2013 · 9k+ posts · 9k+ votes
    8y

    I sense a meet up needing to happen.  We're in!  

    The 1031 Investor5140 Reviews
    WebsiteView Page
    0Reply
  • Jason Abellada
    Real Estate Agent · Saint Petersburg, FL · Member since 2018 · 17 posts · 2 votes
    8y

    If you are looking for an agent, let me know. Myself and/or a colleague of mine can help you out and I am born and raised in St. Pete.

    0Reply
  • Stephanie Preasha
    Investor · St. Petersburg, FL · Member since 2013 · 18 posts · 6 votes
    8y

    St Pete is booming overall.  Lots of new development and the downtown area is growing an incredible pace.  The best deals are outside of the downtown area, in my opinon.

    0Reply
  • Keith C.
    Lender · Central Florida Markets · Member since 2017 · 137 posts · 135 votes
    8y

    I have some both SFR rentals and flips in St Petersburg and Tampa . Doing well on both . Tampa and St Pete are sensitive to being on the right right side of the highway and street. If you can find a nice organic neighborhood you will do well . It took me 4 months learning the areas before making offers

    I would be happy to chat with anyone who wants to learn more  - just PM me . 

    I split my weeks between in NY &  St Pete ( I like the beach ) . Managing my flip crews, monitoring my rentals and looking for new opportunities.

    I am very interested in Multi Families 20 + units .  I made a number of offers but none of the bigger MF  deals landed  just yet.

    0Reply
  • Brian S.
    Rental Property Investor · Cleveland, OH · Member since 2016 · 126 posts · 71 votes
    8y

    I've also been looking in Tampa Bay area, from St Pete to Dunedin. I visit twice a year when I'm back in the US for business. I've been trying to build relationships with folks in the area as this will be my home once my time abroad ends. I also have family in St Pete and pretty familiar with the area.

    Would love to connect with other investors and real estate professionals in the area. I am looking to use my SD IRA to buy vacation rentals or multi family homes. I'd prefer to partner with someone for a larger project.

    Plan B is investing in a real estate hedge fund with my partner's company, who also happens to live in Tampa.

    Brian

    1Reply
  • Garner Morimoto
    Member since 2018 · 3 posts · 0 votes
    8y
    @Mike DeBuccio Jr. Mike, my friend and I were interested in buying a duplex in St Pete! I would love to get any tips you might have.
    0Reply
  • Kevin Mathew Galang
    Tampa, FL · Member since 2017 · 23 posts · 11 votes
    8y

    I know that rules of thumb are not necessarily concrete investment strategies, but as a filtering criteria, does the 1% rule apply in St. Pete for MFH? I've been looking at MFH in Tampa, and it seems like the 1% rule is not viable. I'd love to hear others' experience!

    Kevin

    1Reply
  • Garner Morimoto
    Member since 2018 · 3 posts · 0 votes
    8y

    that’s an excellent question, I was wondering the same thing. My theory is that St Pete’s time for the 1 percent rule has come and gone, and it’s time to find another future “hot spot”. I’d love to get other people take on it.

    0Reply
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