Investment Flooded Beach Properties in St. Pete – Insights Wanted

[Nadia Daggett]

I'm Nadia Daggett, Broker at Investing N Florida, specializing in strategic investment opportunities. I currently have several properties for sale in flood-prone areas along the beaches of St. Pete, including Madeira Beach and Sunset Beach that our investors are buying to use the STR BRRRR strategy. I'm curious to hear from other investors who have ventured into flooded properties such as what challenges did you face, particularly with insurance and permitting? Were there any unexpected hurdles during the rehab or resale process? What strategies or flood mitigation measures worked best for you to ensure long-term profitability? These properties offer incredible potential, but I’d love to learn from other investor experiences to better guide my clients and partners. If you’ve tackled similar projects, please share your insights!