6359 13th Ave N · St. Petersburg, FL 33710

$169,900

4 bd · 2.0 ba · 1,929 sqft · SingleFamily public records · 1 Days on market

Built 1963 7,501 sqft lot

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks

Short Sale. Property had storm damage. Remediated. Requires full interior rehab. Will need to be completed, etc.

Key facts

• 7,501 sq ft lot
• Built 1963

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $748 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $170k).
• Cap rate 14.6% vs local median 2.6% in St. Petersburg — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Pinellas (suburban): math 51% / reading 51% proficiency, ranked #31 of 73 in FL (top 42%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-0.5%/yr); 318 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• At $3,397/mo this rent would consume 52% of the median local household income ($79k/yr) (locally 542% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Pinellas County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 3.9% of price; flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,900

Questions for the listing agent

1. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.00% ✓
• Cap rate: 14.59%
• Cash-on-cash: 29.62%
• DSCR: 2.32
• GRM: 4.2

CMA / ARV

• ARV (on-the-fly): $536,262
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6641 12th Ave N	0.35mi	3/2.0 (-1)	1,950 (+1%)	3mo	$530,000	$272	74
6119 19th Ave N	0.47mi	3/2.5 (-1)	1,925 (-0%)	1mo	$490,000	$255	70
6415 13th Ave N	0.05mi	3/2.0 (-1)	1,707 (-12%)	12mo	$475,000	$278	63
6870 13th Ave N	0.61mi	3/2.0 (-1)	1,996 (+4%)	1mo	$685,000	$343	60
6638 12th Ter N	0.35mi	4/2.0	1,760 (-9%)	11mo	$460,000	$261	60
6635 9th Ave N	0.42mi	4/2.0	1,770 (-8%)	11mo	$520,000	$294	58
6920 13th Ave N	0.66mi	3/2.0 (-1)	1,899 (-2%)	12mo	$680,000	$358	52
6120 5th Ave N	0.63mi	4/2.0	1,791 (-7%)	12mo	$485,000	$271	49
300 62nd St N	0.72mi	3/2.5 (-1)	2,007 (+4%)	7mo	$659,000	$328	46
6936 9th Ave N	0.72mi	3/2.0 (-1)	1,749 (-9%)	4mo	$485,000	$277	43
1822 Winchester Rd N	0.63mi	3/2.0 (-1)	2,177 (+13%)	2mo	$710,000	$326	43
6894 14th Ave N	0.65mi	3/2.0 (-1)	1,728 (-10%)	8mo	$450,000	$260	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 6.0%
• Equity multiple: 1.22×
• Total profit: $10,658
• Equity at exit: $25,333

10-year hold

• IRR: 11.3%
• Equity multiple: 1.72×
• Total profit: $34,244
• Equity at exit: $14,690

Cash invested: $47,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33710

• Rents YoY: -0.5%
• Active inventory: 318
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $3,397 high
• Mortgage (P&I): −$891
• Tax from tax record: −$547 /mo · $6,569/yr
• Insurance: −$71
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$713
• Net cashflow: $748

Break-even live

Break-even rent $2,450

Max offer price $169,900

Occupancy floor 73%

Sensitivity live

Price	-10% $844	-5% $796	+0% $748	+5% $700	+10% $652
Rent	-10% $479	-5% $614	+0% $748	+5% $882	+10% $1,016
Rate	-1.0pp $833	-0.5pp $791	base $748	+0.5pp $704	+1.0pp $659

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6348 7th Ave N St Petersburg, FL	3.0	1.5	1637	$2,800	$1.71	25d	1	0.44mi
2851 67th St N Saint Petersburg, FL	4.0	2.0	1636	$3,200	$1.96	25d	1	0.94mi
5813 26th Ave N Saint Petersburg, FL	4.0	2.0	1543	$4,795	$3.11	5d	1	1.00mi
7401 13th Ave N Saint Petersburg, FL	4.0	2.0	1464	$3,100	$2.12	25d	1	1.04mi
7401 13th Ave N Saint Petersburg, FL	4.0	2.0	1464	$3,100	$2.12	5d	1	1.04mi
2901 70th St N Unit 1546478P St. Petersburg, FL	3.0	2.0	1614	$4,682	$2.90	18d	1	1.07mi
6295 3rd Ave S Saint Petersburg, FL	4.0	2.0	1395	$3,000	$2.15	4d	1	1.15mi
1790 Russell Dr N Saint Petersburg, FL	3.0	2.0	1277	$2,800	$2.19	5d	1	1.19mi
2153 75th Way N Saint Petersburg, FL	3.0	2.0	1410	$3,500	$2.48	23d	1	1.20mi
524 61st St S Saint Petersburg, FL	4.0	2.0	1800	$4,350	$2.42	5d	1	1.38mi
5200 26th Ave N St Petersburg, FL	3.0	2.0	1755	$4,500	$2.56	25d	1	1.39mi

Listing history 2 events

1. 2026-04-14
   status Pending
2. 2026-04-13
   listed $169,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $6,569 · $547/mo
• Projected year-2 tax: $6,569 · $547/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone AE · 24% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 6 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,762
• − Mortgage interest: −$9,517
• − Property taxes: −$6,569
• − Insurance: −$5,968
• − Repairs & maintenance: −$3,261
• − Management: −$3,261
• − Depreciation: −$4,943
• Taxable income: $7,243
• Est. tax owed @ 24.0%: −$1,738
• After-tax cash flow: $7,235/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Pinellas
• NCES district ID: 1201560
• Math proficiency: 51% ▼ -5.00%
• Reading proficiency: 51% ▼ -3.00%
• Median HH income: $46,270
• Composite: 43.27/100
• National rank: #3046
• State rank: #31 of 73 in FL

Livability — St. Petersburg

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: St. Petersburg, FL
• County: Pinellas County · 939,478 people
• City population: 249,151
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 33,796
• Household income: $78,611
• Rent vs Own: 18.1% rent · 81.9% own
• Severe rent burden: 542.0

Population outlook (Pinellas County) Hauer SSP2

• Today (2025): 1,027,532 people
• By 2030: 1,063,586 · +3.5%
• By 2040: 1,125,020 · +9.5%
• By 2050: 1,168,637 · +13.7%
• By 2075: 1,265,188 · +23.1%
• By 2100: 1,260,357 · +22.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Two or more races 10% Hispanic / Latino 9% Asian 5% Black 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 2%
• Common ancestry: Lithuanian 3% Romanian 3% Slovak 2%
• Foreign-born: 12% · Canada, Vietnam, China
• Languages at home: 85% English-only · Spanish 7% Other Indo-European 2% Russian/Polish/Slavic 2%

Political lean MEDSL · Pinellas

• 2024 margin: Lean R (+5.2) · D 46.9% · R 52.1%
• 2008→2024 swing: -13.5pp toward R · 2008: 8.3pp · 2024: -5.2pp
• All cycles: 2024: R+5.2 2020: D+0.2 2016: R+1.1 2012: D+5.6 2008: D+8.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -547.31%
• Current HPI: 405.0731
• Rent YoY: ▼ -0.48%
• Metro: Tampa-St. Petersburg-Clearwater, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

2 events — show timeline

• 2026-04-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-13 Listed $169,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+9.8%/yr

Latest (2025): $6,569 · +521.1% YoY. Source: county tax records.