1.4 miles away, $340k became $581k.
1901 Melrose Avenue, St Petersburg 33712 · Active · September 9, 2026
1901 Melrose Avenue, St Petersburg is asking $364,900: 4 bed, 2 bath, 1,420 sf, built 1965, on 0.18 acres. 1.45 miles away, 2701 4th Ave N was bought for $340,000 and sold for $580,500 in May 2026, 129 days later: 1.71× on the recorded deeds. Built 1925 against this one’s 1965, 1,062 sf against this one’s 1,420. The photos show a partly updated house: some of the work is done, the rest is the opportunity. It has already come down $5k and has been on the market 51 days, which is where sellers start listening. I will not put a number on this one on a public page. I will put it in an email, with the closings behind it, if you ask.
Why this one could follow
- The receipt: 2701 4th Ave N bought $340,000, sold $580,500 (May 2026), 129 days held, 1.71× — from the county record, 1.45 mi from this house.
- Same street, second receipt: 2230 Melrose Ave S bought $225,000, sold $345,000 in Jul 2025 (1.53×).
- 51 days on market, one price cut already ($5k): this seller is negotiable.
- Flood zone X: outside the special flood hazard area, which keeps the insurance quote sane.
- Condition read from the listing photos: mixed; photo-verified 2026-08-25.
What I would check first
- The last three closings on this exact street, not the ZIP: I pull them from the record before any number gets written down.
- Whether the proven one was a cosmetic job or a gut: the permit history on the county record answers that.
- Roof, AC and electrical dates on the county permit record: they decide the budget more than the kitchen does.
- A written insurance quote before the offer, even in zone X.
The play behind this home: Your dated kitchen has fans. 113 of them, with cash.. More in St Petersburg and Pinellas County.