Pinellas Park - Investment area or flood problems?
Question for those familiar with Pinellas Park FL: Is this currently a good location to invest (rent/flip) or are there still flooding problems that can kill your potential? I was driving for dollars the other day and saw an unoccupied property (near Wagon Wheel) that I wanted to check out. It had a stop work order posted on the door. I found someone at the end of the street who I spoke with and he told me the owners had to stop work because they were told they had to raise the house due to the flood zone. It is in the flood zone area (according to Trulia), but what I thought was really strange was that the guy I spoke with was closer to the water and in a much newer house that was not raised.
There has been a lot of drainage work done in the last couple of decades around there (and all over St. Petersburg) but can anyone who has experience in this please chime in?
Thanks.