6077 Bahia Del Mar Blvd #123 · St. Petersburg, FL 33715

$315,000

2 bd · 2.0 ba · 1,145 sqft · Condo public records · 43 Days on market

Built 1988 $783/mo HOA · 22% of rent

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Why this score? — see what drove the D 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 +8.0/30.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• Appreciation +4.9/10.0
• Schools +4.3/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.1/10.0

Listing remarks

Under contract-accepting backup offers. Welcome to Paradise on Isla Del Sol! This beautifully furnished first floor condo enjoys an ideal location overlooking the championship 18 hole Isla Del Sol golf course. Immaculately maintained, the home features tile flooring that flows seamlessly through the dining and living areas and out to the private lanai. The renovated kitchen shines with Corian countertops, stainless steel appliances, custom cabinetry, and a sunny breakfast bar. The spacious master suite offers abundant natural light, a large walk in closet, and a remodeled bath. Guests will appreciate their own private suite with an updated bath and walk in closet. Vista Verde residents enjo

Key facts

• $783 HOA
• Community pool
• Built 1988

Property features AI

Finance

• Other: Turnkey furnished; Directions: Pinellas Bayway to Bahia Del Mar Blvd to Vista Verde, left to address 6077-B
• Financial info: Total annual association fees $9,396; Lease restrictions apply
• HOA & community: Monthly HOA fee $783 (includes cable TV, pool, escrow reserves, insurance, internet, structure and grounds maintenance, recreational facilities, security, sewer, trash, water); Association name: Resource; Association approval required for buyers; Buyer approval required to purchase; Community clubhouse, pool, spa/hot tub, storage, golf; Pets allowed (max ~20 lbs)

Exterior

• Parking: Assigned parking; Guest parking
• Security: Community security (via association)
• Utilities: Public water; Public sewer; Electricity available and connected; Cable available and connected; High-speed internet / BB/HS available; Sprinkler recycled; Underground utilities; Water connected; Sewer connected
• Home design: Condominium; Residential property; One level (Unit on floor 1); West-facing
• Construction: Stucco and frame construction; Tile roof; Slab foundation; Building identified as 6077-B
• Exterior features: Covered rear porch; Porch; Sliding doors; Storage; Paved access; Near marina; On golf course; Flood zone; City limits

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Solid wood cabinets; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Dry bar; Eat-in kitchen; Living room/dining room combo; Solid wood cabinets; Split bedroom floor plan; Walk-in closets; Blinds on windows; Inside utility
• Laundry & utility: Washer; Dryer; Laundry closet; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $315k.

Deal economics

• At list price, monthly cash flow is $-382 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $247k (21.4% below list).
• Meets the 1% rule at list price ($4k rent vs $315k).
• Recommended offer: $247k (21.4% below list) — sets the bar for cash-flow.
• Cap rate 5.1% 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 D — 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: 282 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).
• This rent runs 42% of the median local income ($103k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $2k of equity ($2k loan paydown + $-488 appreciation (-0.1% local appreciation)).
• Pinellas County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($306k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $77k; list at $315k implies a 309% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; HOA is 22% of rent.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $247,446 (21.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.13% ✓
• Cap rate: 5.09%
• Cash-on-cash: -4.30%
• DSCR: 0.81
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.15% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -8.6%
• Equity multiple: 0.60×
• Total profit: $-35,175
• Equity at exit: $89,034

10-year hold

• IRR: -2.2%
• Equity multiple: 0.77×
• Total profit: $-20,460
• Equity at exit: $105,101

Cash invested: $88,200 (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 33715

• Home prices YoY: -0.1%
• Active inventory: 282
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $3,566 high
• Mortgage (P&I): −$1,652
• Tax from tax record: −$567 /mo · $6,800/yr
• Insurance: −$131
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$783
• Vacancy / Maint / Mgmt: −$749
• Net cashflow: $-382

Break-even live

Break-even rent $4,050

Max offer price $247,446

Occupancy floor —

Sensitivity live

Price	-10% $-204	-5% $-293	+0% $-382	+5% $-472	+10% $-561
Rent	-10% $-664	-5% $-523	+0% $-382	+5% $-242	+10% $-101
Rate	-1.0pp $-224	-0.5pp $-302	base $-382	+0.5pp $-464	+1.0pp $-547

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: $78,750
• Closing costs: $9,450
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6073 Bahia del Mar Blvd #129 Saint Petersburg, FL	2.0	2.0	1145	$2,200	$1.92	25d	1	0.01mi
6077 Bahia del Mar Blvd St Petersburg, FL	2.0	2.0	1107	$2,198	$1.98	13d	2	0.01mi
6059 Bahia del Mar Blvd #241 Saint Petersburg, FL	2.0	2.0	1070	$5,170	$4.83	18d	1	0.03mi
6281 Bahia del Mar Blvd #208 Saint Petersburg, FL	2.0	2.0	890	$2,100	$2.36	25d	1	0.07mi
6141 Bahia Del Mar Blvd S Unit 1546330P St. Petersburg, FL	2.0	2.0	1140	$2,631	$2.31	8d	1	0.09mi
6141 Bahia del Mar Blvd #229 Saint Petersburg, FL	2.0	2.0	1145	$6,090	$5.32	25d	1	0.09mi
6273 Bahia del Mar Blvd #216 Saint Petersburg, FL	2.0	2.0	915	$5,700	$6.23	25d	1	0.09mi
6107 Mirada Cir Saint Petersburg, FL	3.0	2.5	1320	$3,200	$2.42	5d	1	0.10mi
6294 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	945	$4,142	$4.38	25d	3	0.11mi
6357 Bahia del Mar Blvd St Petersburg, FL	1.0–2.0	1.5–2.0	915	$7,000	$7.65	25d	2	0.11mi
6151 Bahia del Mar Blvd St Petersburg, FL	2.0	2.0	1107	$4,540	$4.10	25d	3	0.13mi
6295 Bahia del Mar Cir St Petersburg, FL	1.0–2.0	1.0–2.0	915	$7,110	$7.77	25d	6	0.13mi
6361 Bahia del Mar Blvd St Petersburg, FL	1.0–2.0	1.5–2.0	835	$5,800	$6.95	3d	3	0.14mi
6100 Bahia del Mar Cir #103 Saint Petersburg, FL	2.0	2.5	1145	$5,580	$4.87	5d	1	0.17mi
6100 Bahia del Mar Cir St Petersburg, FL	2.0	2.0–2.5	1145	$4,038	$3.53	25d	2	0.17mi
6365 Bahia del Mar Blvd St Petersburg, FL	1.0–2.0	1.5–2.0	827	$2,500	$3.02	18d	3	0.19mi
6291 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	1222	$3,830	$3.13	25d	2	0.21mi
6191 Bahia del Mar Blvd #205 Saint Petersburg, FL	2.0	2.0	1070	$3,400	$3.18	25d	1	0.22mi
5901 Bahia del Mar Cir #124 Saint Petersburg, FL	2.0	2.0	1150	$2,500	$2.17	25d	1	0.24mi
5901 Bahia del Mar Cir #518 Saint Petersburg, FL	2.0	2.0	1080	$3,000	$2.78	25d	1	0.24mi
5901 Bahia del Mar Cir #122 Saint Petersburg, FL	2.0	2.0	1080	$3,500	$3.24	25d	1	0.24mi
5901 Bahia del Mar Cir #223 Saint Petersburg, FL	2.0	2.0	1080	$7,860	$7.28	25d	1	0.24mi
5901 Bahia del Mar Cir #422 Saint Petersburg, FL	2.0	2.0	1080	$7,860	$7.28	25d	1	0.24mi
6382 Palma del Mar Blvd S #222 Saint Petersburg, FL	2.0	2.0	890	$2,200	$2.47	25d	1	0.24mi
6343 Palma del Mar Blvd S #226 Saint Petersburg, FL	2.0	2.0	890	$2,235	$2.51	18d	1	0.24mi
6343 Palma del Mar Blvd S #228 Saint Petersburg, FL	2.0	2.0	890	$2,395	$2.69	25d	1	0.24mi
6000 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	1107	$4,195	$3.79	8d	2	0.25mi
6000 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	1107	$4,095	$3.70	25d	3	0.25mi
6287 Bahia del Mar Cir #311 St Petersburg, FL	2.0	2.0	890	$2,100	$2.36	5d	1	0.26mi
6287 Bahia del Mar Cir #312 Saint Petersburg, FL	2.0	2.0	890	$3,200	$3.60	5d	1	0.26mi
6269 Palma del Mar Blvd S #308 Saint Petersburg, FL	2.0	2.0	1050	$2,495	$2.38	5d	1	0.26mi
6269 Palma del Mar Blvd S #302 Saint Petersburg, FL	2.0	2.0	1050	$2,395	$2.28	5d	1	0.26mi
6269 Palma del Mar Blvd S #104 Saint Petersburg, FL	2.0	2.0	890	$2,500	$2.81	5d	1	0.26mi
6269 Palma del Mar Blvd S #501 Saint Petersburg, FL	1.0	1.5	780	$2,000	$2.56	5d	1	0.26mi
6061 Bahia del Mar Cir #448 St Petersburg, FL	2.0	2.0	1150	$7,530	$6.55	5d	1	0.27mi
6061 Bahia del Mar Cir #347 St Petersburg, FL	2.0	2.0	1080	$2,300	$2.13	5d	1	0.27mi
6061 Bahia del Mar Cir #146 Saint Petersburg, FL	2.0	2.0	1080	$2,600	$2.41	25d	1	0.27mi
6081 Bahia del Mar Cir #456 Saint Petersburg, FL	2.0	2.0	1150	$3,000	$2.61	25d	1	0.27mi
5900 Bahia del Mar Cir #138 St Petersburg, FL	2.0	2.0	1075	$5,070	$4.72	5d	1	0.29mi
6322 Palma del Mar Blvd S #216 Saint Petersburg, FL	2.0	2.0	890	$2,395	$2.69	8d	1	0.30mi

HOA detail condo

• Monthly dues: $783 · $9,396/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 11 events

1. 2026-06-07
   statusdays on market $315,000 Pending 43 DOM
2. 2026-06-04
   days on market $315,000 Active 41 DOM
3. 2026-06-03
   days on market $315,000 Active 40 DOM
4. 2026-06-01
   days on market $315,000 Active 38 DOM
5. 2026-05-31
   days on market $315,000 Active 37 DOM
6. 2026-04-24
   status Active
7. 2026-04-19
   listed $315,000 Active
8. 2026-01-19
   historical
9. 2025-04-28
   listed $417,000 Active
10. 1997-07-01
    soldstatus $77,000
11. 1988-11-01
    soldstatus $79,500

ⓘ 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: $6,800 · $567/mo
• Projected year-2 tax: $6,800 · $567/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 7/10 Severe FEMA zone X (shaded) · 94% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $42,788
• − Mortgage interest: −$17,645
• − Property taxes: −$6,800
• − Insurance: −$2,372
• − Repairs & maintenance: −$3,423
• − Management: −$3,423
• − HOA: −$9,396
• − Depreciation: −$9,164
• Taxable loss: −$9,435
• Est. tax savings @ 24.0%: +$2,264
• After-tax cash flow: $-2,324/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): 8,032
• Household income: $102,782
• Rent vs Own: 9.2% rent · 90.8% own
• Severe rent burden: 106.0

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 (89%)
• Race & ethnicity: White 89% Two or more races 5% Hispanic / Latino 5% Asian 2%
• Hispanic origin (detail): Puerto Rican 2%
• Common ancestry: Romanian 6% Hungarian 3% Lithuanian 3%
• Foreign-born: 11% · Canada, China
• Languages at home: 88% English-only · Spanish 5% Russian/Polish/Slavic 2% Arabic 1%

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: ▼ -0.15%
• Current HPI: 264.9727
• Rent YoY: —
• 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

+296.2% since first listed

6 events — show timeline

• 2026-04-24 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-19 Listed $315,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-04-28 Listed $417,000 Stellar MLS as Distributed by MLS Grid
• 1997-07-01 Sold (Public Records) $77,000 Public Records
• 1988-11-01 Sold (Public Records) $79,500 Public Records

Property tax history

+6.5%/yr

Latest (2025): $6,800 · +7.2% YoY. Source: county tax records.