6960 A Sunset Dr S Unit 1C · South Pasadena, FL
Flood risk 10/10 · Severe
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C 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).
- ARV discount +15.0/15.0
- Cash flow +13.4/30.0
- 1% rule +10.0/10.0
- Livability +4.1/5.0
- DSCR +4.0/10.0
- Condition / age +4.0/5.0
- Schools +3.7/10.0
- Rent growth +2.3/5.0
- Appreciation +0.0/10.0
$100,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Step into a true blank canvas—this fully renovated condo offers a fresh start with modern upgrades throughout. Enjoy peace of mind with a brand-new HVAC system, new water heater, and enhanced safety features including a storm-rated side door and a 20-minute fire-resistant front door. The back door leads you to a shaded courtyard. Pool, clubhouse and laundry are just steps away from your front door. The interior shines with a complete update: both the kitchen and bathroom feature new cabinetry paired with quartz countertops and contemporary faucets. A full suite of new appliances makes this home truly move-in ready.
Key facts
- New hvac
- New water heater
- New kitchen cabinets
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $100k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-425 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $39k (61.5% below list).
- Meets the 1% rule at list price ($2k rent vs $100k).
- Recommended offer: $39k (61.5% below list) — sets the bar for cash-flow.
- Cap rate 6.3% vs local median 1.1% in South Pasadena — 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 82/100 on livability (#77 in FL, #1,260 nationally) — a professional / high-income tenant draw. Strengths: commute A+, health & safety A+, cost of living A; Watch: amenities D, employment D-.
- 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.
- Zoned schools: Azalea Elementary School (math 57% / reading 52%, grade C, #892 of 2,144 statewide, top 44%, 507 students, 60% FRL); Azalea Middle School (math 26% / reading 27%, grade F, #503 of 571 statewide, top 88%, 678 students, 74% FRL); Boca Ciega High School (math 24% / reading 33%, grade F, #458 of 667 statewide, top 69%, 1,423 students, 64% FRL) — zoned schools average 66% FRL vs 48% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 36% at this address vs 51% district-wide (-14 pts) — the specific schools serving this property underperform the Pinellas average; the district grade overstates school quality for this exact location.
- Market conditions: Rents soft (-0.6%/yr); 617 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 108d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k 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
- It's been on market 223 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; HOA is 38% of rent.
- 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 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 223 days. Have you received any prior offers? Is the seller open to a 61% concession, seller financing, or rate buy-down credit?
- Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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.
- 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.
- 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
- 1.71% ✓
- Cap rate
- 6.31%
- Cash-on-cash
- 0.07%
- DSCR
- 1.00
- GRM
- 4.9
CMA / ARV
- ARV (median comp)
- $170,141
- List price
- $100,000
- Delta
- -41.23%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 6930A Place DE LA Paix Unit 1A | 0.04mi | 1/1.0 | 720 (-2%) | 1mo | $86,000 | $119 | 95 |
| 7011 Place DE LA Paix Unit 1A | 0.07mi | 1/1.0 | 725 (-1%) | 0mo | $98,000 | $135 | 95 |
| 7560 Bay Island Dr S #149 | 0.50mi | 1/1.0 | 765 (+4%) | 1mo | $145,000 | $190 | 68 |
| 7321 Central Ave #208 | 0.80mi | 1/1.0 | 765 (+4%) | 1mo | $95,000 | $124 | 57 |
| 8911 Blind Pass Rd #103 | 1.21mi | 2/1.0 (+1) | 760 (+4%) | 1mo | $215,000 | $283 | 52 |
| 505 Plaza Seville Ct #9 | 1.25mi | 1/1.0 | 785 (+7%) | 1mo | $192,228 | $245 | 52 |
| 701 59th St S | 1.48mi | 2/1.0 (+1) | 768 (+5%) | 0mo | $237,500 | $309 | 52 |
| 10365 Paradise Blvd #9 | 1.42mi | 1/1.0 | 645 (-12%) | 1mo | $125,000 | $194 | 44 |
| 8931 Blind Pass Rd #357 | 1.14mi | 1/1.0 | 645 (-12%) | 1mo | $210,000 | $326 | 44 |
| 8931 Blind Pass Rd #157 | 1.14mi | 1/1.0 | 645 (-12%) | 1mo | $175,000 | $271 | 44 |
| 7600 Sun Island Dr S #603 | 0.73mi | 1/1.0 | 855 (+17%) | 1mo | $187,000 | $219 | 40 |
| 1847 Shore Dr S #805 | 0.64mi | 2/2.0 (+1) | 855 (+17%) | 1mo | $245,000 | $287 | 35 |
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
- IRR
- -66.8%
- Equity multiple
- -0.70×
- Total profit
- $-47,579
- Equity at exit
- $14,910
- IRR
- —
- Equity multiple
- -2.31×
- Total profit
- $-92,808
- Equity at exit
- $8,646
Cash invested: $28,000 (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
Active competition Active MLS
- For sale now
- 4 active · 1 under contract
- Median asking
- $199,950 ($239/sqft)
- Median days on market
- 132 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -2.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33707
- Rents YoY
- -0.6%
- Active inventory
- 617
- Price-to-rent
- 4.9×
Monthly cashflow live
- Estimated rent
- $1,707 high interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax est. 1.5%
- −$125 /mo · $1,500/yr
- Insurance
- −$42
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$656
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$359
- Net cashflow
- $-425
Break-even live
Sensitivity live
| Price | -10% $-356 | -5% $-390 | +0% $-425 | +5% $-459 | +10% $-494 |
|---|---|---|---|---|---|
| Rent | -10% $-560 | -5% $-492 | +0% $-425 | +5% $-357 | +10% $-290 |
| Rate | -1.0pp $-375 | -0.5pp $-399 | base $-425 | +0.5pp $-451 | +1.0pp $-477 |
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
- $25,000
- Closing costs
- $3,000
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 6931 Hibiscus Ave S South Pasadena, FL | 1.0 | 1.0 | 500 | $1,200 | $2.40 | 165d | 1 | 0.09mi |
| 1195 Rue des Chateaux Unit 1B South Pasadena, FL | 1.0 | 1.0 | 720 | $1,850 | $2.57 | 145d | 1 | 0.10mi |
| 6950 Avenue des Palais Unit 2A South Pasadena, FL | 1.0 | 1.0 | 720 | $1,550 | $2.15 | 130d | 1 | 0.13mi |
| 7540 Bay Island Dr S South Pasadena, FL | 2.0 | 1.0–2.0 | 827 | $2,350 | $2.84 | 152d | 3 | 0.58mi |
| 7625 Sun Island Dr S #103 South Pasadena, FL | 1.0 | 1.0 | 600 | $1,800 | $3.00 | 5d | 1 | 0.62mi |
| 7420 Bay Island Dr S #176 South Pasadena, FL | 1.0 | 1.0 | 570 | $2,000 | $3.51 | 10d | 1 | 0.64mi |
| 1840 Shore Dr S #5 South Pasadena, FL | 1.0 | 1.0 | 528 | $1,900 | $3.60 | 161d | 1 | 0.69mi |
| 1840 Shore Dr S #5 South Pasadena, FL | 1.0 | 1.0 | 528 | $1,900 | $3.60 | 8d | 1 | 0.69mi |
| 1846 Shore Dr S Unit 101 South Pasadena, FL | 1.0 | 1.0 | 747 | $1,900 | $2.54 | 165d | 1 | 0.71mi |
| 1846 Shore Dr S Unit 103 South Pasadena, FL | 1.0 | 1.0 | 740 | $2,200 | $2.97 | 165d | 1 | 0.71mi |
| 1846 Shore Dr S Unit 107 South Pasadena, FL | — | 1.0 | 478 | $1,600 | $3.35 | 165d | 1 | 0.71mi |
| 1859 Shore Dr S South Pasadena, FL | 1.0–2.0 | 1.0–2.0 | 737 | $1,600 | $2.17 | 8d | 4 | 0.71mi |
| 1859 Shore Dr S South Pasadena, FL | 1.0–2.0 | 1.0–2.0 | 822 | $1,995 | $2.43 | 50d | 3 | 0.71mi |
| 1885 Shore Dr S South Pasadena, FL | 1.0–2.0 | 1.0–2.0 | 872 | $2,210 | $2.53 | 10d | 10 | 0.79mi |
| 6565 5th Ave S St Petersburg, FL | 1.0–2.0 | 1.0–2.0 | 365 | $1,495 | $4.10 | 10d | 1 | 0.83mi |
| 7401 1st Ave N Uppr -A St. Petersburg, FL | — | 1.0 | 350 | $1,199 | $3.43 | 10d | 1 | 0.84mi |
| 7401 1st Ave S Unit UPR-A St. Petersburg, FL | — | 1.0 | 350 | $1,199 | $3.43 | 22d | 1 | 0.84mi |
| 6262 Emerson Ave S St Petersburg, FL | 1.0–2.0 | 1.0–2.0 | 800 | $1,300 | $1.62 | 32d | 2 | 1.09mi |
| 401 69th St N Apt 3 St. Petersburg, FL | 2.0 | 1.0 | 600 | $1,545 | $2.58 | 12d | 1 | 1.11mi |
| 401 69th St N Apt 3 St. Petersburg, FL | 2.0 | 1.0 | 600 | $1,595 | $2.66 | 26d | 1 | 1.11mi |
| 555 62nd St S Unit 103 St. Petersburg, FL | 1.0 | 1.0 | 640 | $1,375 | $2.15 | 165d | 1 | 1.13mi |
| 555 62nd St S Unit 106 St. Petersburg, FL | 1.0 | 1.0 | 640 | $1,385 | $2.16 | 88d | 1 | 1.13mi |
| 555 62nd St S Apt 105 St. Petersburg, FL | 1.0 | 1.0 | 640 | $1,325 | $2.07 | 33d | 1 | 1.13mi |
| 555 62nd St S Apt 105 St. Petersburg, FL | 1.0 | 1.0 | 640 | $1,325 | $2.07 | 10d | 1 | 1.13mi |
| 555 62nd St S Unit 102 St. Petersburg, FL | 1.0 | 1.0 | 640 | $1,300 | $2.03 | 155d | 1 | 1.13mi |
| 555 62nd St S Unit 115 St. Petersburg, FL | 1.0 | 1.0 | 640 | $1,350 | $2.11 | 33d | 1 | 1.13mi |
| 6256 3rd Ave S Saint Petersburg, FL | 1.0 | 1.0 | 600 | $1,749 | $2.92 | 165d | 1 | 1.15mi |
| 6300 1st Ave S Apt 1 St. Petersburg, FL | 2.0 | 1.0 | 700 | $1,700 | $2.43 | 10d | 1 | 1.16mi |
| 8931 Blind Pass Rd #257 St Pete Beach, FL | 1.0 | 1.0 | 645 | $2,000 | $3.10 | 10d | 1 | 1.17mi |
| 8931 Blind Pass Rd Unit 1545677P St Pete Beach, FL | 1.0 | 1.0 | 645 | $2,965 | $4.60 | 157d | 1 | 1.17mi |
| 8921 Blind Pass Rd St Pete Beach, FL | 1.0 | 1.0 | 580 | $2,175 | $3.75 | 165d | 2 | 1.18mi |
| 8921 Blind Pass Rd St Pete Beach, FL | 1.0 | 1.0 | 580 | $2,025 | $3.49 | 125d | 2 | 1.18mi |
| 8921 Blind Pass Rd #335 St Pete Beach, FL | 1.0 | 1.0 | 590 | $2,100 | $3.56 | 124d | 1 | 1.18mi |
| 7901 Boca Ciega Dr Unit WEST St Pete Beach, FL | 1.0 | 1.0 | 600 | $2,000 | $3.33 | 6d | 1 | 1.20mi |
| 520 70th St N Unit 2 St. Petersburg, FL | 1.0 | 1.0 | 570 | $1,350 | $2.37 | 133d | 1 | 1.23mi |
| 8911 Blind Pass Rd #223 St Pete Beach, FL | 1.0 | 1.0 | 645 | $1,750 | $2.71 | 77d | 1 | 1.24mi |
| 8931 Blind Pass Rd St Pete Beach, FL | 1.0 | 1.0 | 645 | $1,850 | $2.87 | 116d | 2 | 1.26mi |
| 7261 Bay St Apt 7 St Pete Beach, FL | 1.0 | 1.0 | 500 | $1,495 | $2.99 | 165d | 1 | 1.26mi |
| 7261 Bay St Apt 5 St Pete Beach, FL | — | 1.0 | 350 | $1,295 | $3.70 | 108d | 1 | 1.26mi |
| 7261 Bay St Unit 2 St Pete Beach, FL | — | 1.0 | 350 | $1,295 | $3.70 | 165d | 1 | 1.26mi |
Property features AI
Finance
- Other
- Homestead exemptCondo land includedUnfurnished
- Financial info
- Total monthly fees listed as $656.82; total annual fees listed as $7,881.84Lease restrictions apply
- HOA & community
- Monthly association fee of $656.82 covering cable TV, pool, insurance, internet, building and grounds maintenance, sewer, trash and waterAssociation approval requiredBuyer approval requiredClubhouseCommunity mailboxPoolCats allowed
Exterior
- Parking
- Assigned parking space (vehicle space 59 referenced in directions)
- Utilities
- Public waterPublic sewerCable connectedElectricity connectedPhone availableSewer connectedWater connected
- Home design
- CondominiumResidential propertyOne storySoutheast facingFloor 1
- Construction
- Block constructionShingle roofBuilt on slabBuilding number 11
- Exterior features
- SidewalkAsphalt road surface
Interior
- Kitchen
- RangeRefrigeratorDisposalElectric water heater
- Bedrooms
- 1 bedroom (located on first floor)
- Flooring
- Ceramic tileSlab foundation
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Electric heatCentral air conditioning
- Interior features
- Living room and dining room combinedWalk-in closet(s)
- Laundry & utility
- Common area laundry
HOA detail $656/mo · $7,872/yr condo
- Likely covers
- waterpool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-11-08days on market $100,000 Active 223 DOM
-
2026-11-07days on market $100,000 Active 222 DOM
-
2026-11-06days on market $100,000 Active 221 DOM
-
2026-11-05days on market $100,000 Active 220 DOM
-
2026-11-04days on market $100,000 Active 219 DOM
-
2026-11-02days on market $100,000 Active 217 DOM
-
2026-11-01days on market $100,000 Active 216 DOM
-
2026-10-31days on market $100,000 Active 215 DOM
-
2026-10-30days on market $100,000 Active 214 DOM
-
2026-10-29days on market $100,000 Active 213 DOM
-
2026-10-28days on market $100,000 Active 212 DOM
-
2026-10-27days on market $100,000 Active 211 DOM
-
2026-10-26days on market $100,000 Active 210 DOM
-
2026-10-26days on market $100,000 Active 209 DOM
-
2026-10-24days on market $100,000 Active 208 DOM
-
2026-10-23days on market $100,000 Active 207 DOM
-
2026-10-22days on market $100,000 Active 206 DOM
-
2026-10-21days on market $100,000 Active 205 DOM
-
2026-10-20days on market $100,000 Active 204 DOM
-
2026-10-19days on market $100,000 Active 203 DOM
-
2026-10-18days on market $100,000 Active 202 DOM
-
2026-10-17days on market $100,000 Active 201 DOM
-
2026-10-16days on market $100,000 Active 200 DOM
-
2026-10-15days on market $100,000 Active 199 DOM
-
2026-10-14days on market $100,000 Active 198 DOM
-
2026-10-13days on market $100,000 Active 197 DOM
-
2026-10-12days on market $100,000 Active 196 DOM
-
2026-10-11days on market $100,000 Active 195 DOM
-
2026-10-10days on market $100,000 Active 194 DOM
-
2026-10-09days on market $100,000 Active 193 DOM
-
2026-10-08days on market $100,000 Active 192 DOM
-
2026-10-07days on market $100,000 Active 191 DOM
-
2026-10-06days on market $100,000 Active 190 DOM
-
2026-10-05days on market $100,000 Active 189 DOM
-
2026-10-04days on market $100,000 Active 188 DOM
-
2026-10-03days on market $100,000 Active 187 DOM
-
2026-10-02days on market $100,000 Active 186 DOM
-
2026-10-01days on market $100,000 Active 185 DOM
-
2026-09-30days on market $100,000 Active 184 DOM
-
2026-09-29days on market $100,000 Active 183 DOM
-
2026-09-28days on market $100,000 Active 182 DOM
-
2026-09-27days on market $100,000 Active 181 DOM
-
2026-09-25days on market $100,000 Active 179 DOM
-
2026-09-24days on market $100,000 Active 178 DOM
-
2026-09-23days on market $100,000 Active 177 DOM
-
2026-09-22days on market $100,000 Active 176 DOM
-
2026-09-21days on market $100,000 Active 175 DOM
-
2026-09-20days on market $100,000 Active 174 DOM
-
2026-09-19days on market $100,000 Active 173 DOM
-
2026-09-18days on market $100,000 Active 172 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 10/10 Extreme FEMA zone AE · 99% 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 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,487
- − Mortgage interest
- −$5,602
- − Property taxes
- −$1,500
- − Insurance
- −$5,618
- − Repairs & maintenance
- −$1,639
- − Management
- −$1,639
- − HOA
- −$7,872
- − Depreciation
- −$2,909
- Taxable loss
- −$6,292
- Est. tax savings @ 24.0%
- +$1,510
- After-tax cash flow
- $-3,589/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.
Condition & rehab AI · 13 photos
This fully renovated condo offers a fresh start with modern upgrades throughout. The home is move-in ready with a new HVAC system and water heater, and is located in a convenient location with access to amenities.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and resale value ↑
- Both Landscaping — Improves curb appeal and rental value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 — South Pasadena
- Score
- 82/100
- State rank
- #77
- US rank
- #1260
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- South Pasadena, FL
- County
- Pinellas County · 1,027,532 people
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Population (ZIP)
- 24,324
- Household income
- $69,951
- Rent vs Own
- Severe rent burden
- 20% of renters
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 (81%)
- Race & ethnicity
- White 81% Two or more races 7% Hispanic / Latino 7% Black 6% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 1% Cuban 1%
- Languages at home
- 89% English-only · Spanish 5% Russian/Polish/Slavic 1% French/Haitian/Cajun 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
- ▼ -555.96%
- Current HPI
- 359.4858
- Rent YoY
- ▼ -0.61%
- 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
1 event — show timeline
- 2026-03-30 Listed $127,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…