FL Hurricane's Are Making Them Rich

I’m calling it now: home prices in one of Florida’s hidden gems, Central Oak Park in St. Petersburg, are getting ready to take off. Here’s why this neighborhood is not only one of the safest bets in the area but also has everything in place to make it incredibly desirable. [Click here to watch the full video.]

1. Hurricane-Proof Appeal

• Central Oak Park, or COP as we locals call it, stayed high and dry through two recent hurricanes, with no flooding or evacuations required. This area’s elevation and location away from the coast mean residents don’t need to worry about storm surges or flood zones, making it ideal for those who want to avoid Florida’s frequent evacuation orders.

2. A Solid Housing Market with Real Value

• The average home in Central Oak Park ranges from $300,000 to $500,000, which might sound steep but is actually a great deal for St. Pete, especially given the charm of brick-lined streets, limestone curbs, and established palm trees. It’s one of the few neighborhoods left in St. Pete where you can find this kind of character without sky-high prices.

• High demand and minimal new construction mean property values here will continue to climb, with more people moving from flood-prone areas nearby.

3. Central Access to Everything St. Pete Offers

• Central Oak Park has Central Avenue running right through it, connecting you to both downtown and the beach. And thanks to the SunRunner public transit line, it’s easier than ever to skip the car and head straight to the beach or catch a baseball game downtown. The neighborhood is also drawing new restaurants and shops, pushing the area’s growth and making it a desirable hub.

4. New Builds and Rising Home Values

• We’re already seeing new homes popping up, with a recent build pending at $750,000. As more homes are renovated or rebuilt, the neighborhood’s overall value is only going to increase. This trend is bringing a fresh, modern vibe to an already charming area and will likely drive prices higher over the next few years.

If you’re considering a move to Florida or looking for a property that will only grow in value, Central Oak Park should be on your radar.

Best,

Grant Warrington

Retired Early through Real Estate Investing

[YouTube Channel Link]

P.S. Want to learn more about why this neighborhood is the place to buy? [Click here to watch the full video.]