2575 18th Ave S · St. Petersburg, FL 33712

$219,000

3 bd · 1.0 ba · 1,080 sqft · SingleFamily public records · 70 Days on market

Built 1948 3,903 sqft lot Est $279k · 21% under

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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).

• Cash flow +23.9/30.0
• ARV discount +15.0/15.0
• DSCR +7.7/10.0
• 1% rule +4.8/10.0
• Schools +4.3/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Great Investment Opportunity! Home has recently been a rental property. Great location! Lots of potential! Don't wait! Won't Last.

Key facts

• 3,903 sq ft lot
• Built 1948
• Listed 70 days

Property features AI

Finance

• Other: Property type: Residential — Single Family Residence
• HOA & community: No HOA/association indicated

Exterior

• Utilities: Public water; Public sewer; Electricity available; Cable available
• Home design: Single-family residence; One story; Faces south
• Construction: Vinyl siding and frame construction; Shingle roof; Crawlspace foundation; Built with approximately 1,080 living area
• Exterior features: Asphalt road access; Lot approximately 0.09 acres (0 to less than 1/4 acre)

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Ceramic tile; Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Window treatments
• Laundry & utility: Laundry area (other)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $219k.

Deal economics

• At list price, monthly cash flow is $424 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $215k (1.6% below list).
• Recommended offer: $206k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.6% 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 C — 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.
• Zoned schools: Melrose Elementary School (math 37% / reading 27%, grade F, #1,797 of 2,144 statewide, top 86%, 322 students, 93% FRL); Gibbs High School (math 26% / reading 41%, grade F, #400 of 667 statewide, top 61%, 1,160 students, 64% FRL) — zoned schools average 79% FRL vs 48% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 33% at this address vs 51% district-wide (-18 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 (-0.8%/yr); 204 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $2k of loan paydown is wiped out by about $7k 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 70 days — a 6% lower offer ($206k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 21y ago 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 $80k; list at $219k implies a 175% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $205,860 (6.0% below list)

Questions for the listing agent

1. It's been on market 70 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 0.98% ✗
• Cap rate: 8.62%
• Cash-on-cash: 8.31%
• DSCR: 1.37
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $278,640
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1931 24th St S	0.22mi	3/1.0	1,038 (-4%)	10mo	$215,000	$207	75
2487 15th Ave S	0.28mi	3/2.0	1,125 (+4%)	6mo	$285,000	$253	71
2551 17th Ave S	0.16mi	3/2.0	1,176 (+9%)	8mo	$345,000	$293	67
1742 31st St S	0.37mi	3/1.5	988 (-8%)	9mo	$264,855	$268	59
3227 Queensboro Ave S	0.56mi	3/2.0	1,144 (+6%)	2mo	$235,000	$205	58
3127 Oakley Ave S	0.47mi	3/1.0	950 (-12%)	6mo	$245,000	$258	53
2534 22nd St S	0.62mi	3/2.0	1,156 (+7%)	5mo	$366,000	$317	51
2410 26th St S	0.41mi	3/2.0	1,200 (+11%)	12mo	$360,000	$300	48
2226 Union St S	0.54mi	2/1.0 (-1)	959 (-11%)	4mo	$98,000	$102	48
2027 13th Ave S	0.66mi	3/1.0	958 (-11%)	6mo	$210,000	$219	46
2333 22nd St S	0.52mi	2/2.5 (-1)	947 (-12%)	12mo	$320,000	$338	34
3458 17th Ave S	0.72mi	2/1.0 (-1)	932 (-14%)	12mo	$215,000	$231	29

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: -6.7%
• Equity multiple: 0.76×
• Total profit: $-14,879
• Equity at exit: $32,654

10-year hold

• IRR: -0.8%
• Equity multiple: 0.95×
• Total profit: $-2,998
• Equity at exit: $18,935

Cash invested: $61,320 (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 33712

• Rents YoY: -0.8%
• Active inventory: 204
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $2,154 high
• Mortgage (P&I): −$1,148
• Tax from tax record: −$37 /mo · $449/yr
• Insurance: −$91
• HOA: −$0
• Vacancy / Maint / Mgmt: −$452
• Net cashflow: $424

Break-even live

Break-even rent $1,617

Max offer price $219,000

Occupancy floor 75%

Sensitivity live

Price	-10% $548	-5% $486	+0% $424	+5% $112	+10% $37
Rent	-10% $254	-5% $339	+0% $424	+5% $510	+10% $595
Rate	-1.0pp $535	-0.5pp $480	base $424	+0.5pp $368	+1.0pp $310

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: $54,750
• Closing costs: $6,570
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1827 Auburn St S Saint Petersburg, FL	3.0	1.0	1056	$1,855	$1.76	5d	1	0.06mi
1930 Walton St S Saint Petersburg, FL	3.0	1.0	814	$2,000	$2.46	5d	1	0.19mi
2410 18th Ave S Saint Petersburg, FL	4.0	1.0	927	$1,895	$2.04	5d	1	0.20mi
2710 22nd Ave S Saint Petersburg, FL	3.0	1.0	1083	$2,450	$2.26	5d	1	0.29mi
2728 14th Ave S St. Petersburg, FL	3.0	2.0	1257	$2,100	$1.67	8d	1	0.32mi
2547 14th Ave S Saint Petersburg, FL	2.0	1.0	726	$2,800	$3.86	5d	1	0.34mi
2245 17th Ave S Saint Petersburg, FL	4.0	2.0	1058	$2,400	$2.27	5d	1	0.35mi
2244 21st Ave S Saint Petersburg, FL	3.0	1.0	1229	$2,250	$1.83	5d	1	0.36mi
1361 29th St S Saint Petersburg, FL	3.0	1.0	819	$2,400	$2.93	25d	1	0.37mi
2010 22nd St S Saint Petersburg, FL	3.0	1.0	1036	$1,695	$1.64	5d	1	0.39mi
2423 Auburn St S Saint Petersburg, FL	3.0	2.0	1057	$1,650	$1.56	25d	1	0.40mi
1901 31st St S Unit 1/2 St. Petersburg, FL	2.0	1.0	721	$1,950	$2.70	4d	1	0.40mi
2425 Auburn St S Saint Petersburg, FL	3.0	2.0	1092	$2,195	$2.01	5d	1	0.41mi
2231 15th Ave S Saint Petersburg, FL	2.0	1.0	768	$1,900	$2.47	5d	1	0.42mi
3091 15th Ave S St. Petersburg, FL	3.0	2.0	1000	$2,195	$2.19	25d	1	0.45mi
3089 15th Ave S Saint Petersburg, FL	3.0	2.0	1000	$2,195	$2.19	5d	1	0.46mi
2551 26th Ave S Saint Petersburg, FL	4.0	2.0	1248	$2,395	$1.92	5d	1	0.48mi
1400 21st St S Saint Petersburg, FL	4.0	2.0	1487	$2,970	$2.00	8d	1	0.58mi
3246 20th Ave S Saint Petersburg, FL	2.0	1.0	864	$1,795	$2.08	25d	1	0.58mi
1847 19th St S Saint Petersburg, FL	3.0	2.0	1203	$2,295	$1.91	5d	1	0.60mi
2020 14th Ave S Unit A St. Petersburg, FL	2.0	2.0	1000	$1,920	$1.92	8d	1	0.60mi
2028 14th Ave S Unit A St. Petersburg, FL	2.0	2.0	1000	$1,920	$1.92	25d	1	0.60mi
1911 22nd Ave S St Petersburg, FL	4.0	2.0	1424	$3,000	$2.11	3d	1	0.63mi
1920 14th Ave S Saint Petersburg, FL	3.0	2.0	1073	$1,865	$1.74	25d	1	0.65mi
1828 20th Ave S Saint Petersburg, FL	3.0	1.0	1015	$1,650	$1.63	25d	1	0.65mi
1147 32nd St S Saint Petersburg, FL	2.0	1.0	780	$1,350	$1.73	16d	1	0.67mi
2435 20th St S Unit 1 St. Petersburg, FL	4.0	2.0	1230	$2,650	$2.15	25d	1	0.67mi
1227 Fargo St S Unit 1 St. Petersburg, FL	2.0	1.0	780	$1,600	$2.05	25d	1	0.68mi
1760 Queen St S Saint Petersburg, FL	3.0	1.0	1004	$2,000	$1.99	5d	1	0.72mi
1771 15th Ave S Saint Petersburg, FL	2.0	1.0	800	$1,195	$1.49	5d	1	0.74mi
2524 19th St S Saint Petersburg, FL	4.0	2.0	1230	$2,495	$2.03	25d	1	0.76mi
2505 18th St S Saint Petersburg, FL	3.0	2.0	1198	$2,350	$1.96	5d	1	0.77mi
1763 Preston St S Saint Petersburg, FL	3.0	1.0	1158	$2,350	$2.03	25d	1	0.78mi
2621 18th St S Saint Petersburg, FL	3.0	1.0	1114	$2,200	$1.97	25d	1	0.83mi
1650 Prescott St S Saint Petersburg, FL	3.0	1.0	960	$2,100	$2.19	5d	1	0.84mi
3603 16th Ave S Saint Petersburg, FL	4.0	2.0	1235	$3,000	$2.43	5d	1	0.85mi
2900 Freemont Ter S Saint Petersburg, FL	3.0	3.0	1376	$2,560	$1.86	5d	1	0.86mi
3535 14th Ave S Saint Petersburg, FL	3.0	1.0	768	$1,650	$2.15	5d	1	0.87mi
1311 Prescott St S Saint Petersburg, FL	4.0	2.0	1048	$2,300	$2.19	5d	1	0.90mi
560 26th St S Saint Petersburg, FL	3.0	1.0	979	$2,407	$2.46	25d	1	0.91mi

Listing history 31 events

1. 2026-06-18
   days on market $219,000 Active 70 DOM
2. 2026-06-17
   days on market $219,000 Active 69 DOM
3. 2026-06-16
   days on market $219,000 Active 68 DOM
4. 2026-06-15
   days on market $219,000 Active 67 DOM
5. 2026-06-13
   days on market $219,000 Active 65 DOM
6. 2026-06-09
   days on market $219,000 Active 61 DOM
7. 2026-06-08
   days on market $219,000 Active 60 DOM
8. 2026-06-07
   days on market $219,000 Active 59 DOM
9. 2026-06-04
   days on market $219,000 Active 56 DOM
10. 2026-06-03
    days on market $219,000 Active 55 DOM
11. 2026-06-01
    days on market $219,000 Active 53 DOM
12. 2026-05-31
    days on market $219,000 Active 52 DOM
13. 2026-04-16
    price $219,000
14. 2026-04-09
    listed $225,000 Active
15. 2015-01-23
    status Pending
16. 2015-01-22
    historical
17. 2015-01-05
    status Active
18. 2015-01-02
    status Pending
19. 2014-10-22
    historical Active with Contract
20. 2014-10-15
    status Active
21. 2014-07-28
    status Pending
22. 2014-07-15
    status Active
23. 2014-06-14
    historical Contingent - Pending 3rd Party Approval
24. 2014-06-10
    historical
25. 2014-04-21
    historical Contingent - Pending 3rd Party Appro
26. 2014-03-31
    listed $19,900 Active
27. 2014-03-04
    historical
28. 2012-10-08
    listed $34,767
29. 2005-08-12
    soldstatus $79,500
30. 2005-07-20
    soldstatus $65,700
31. 2005-04-05
    listed $72,900

ⓘ 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: $449 · $37/mo
• Projected year-2 tax: $1,818 · $151/mo
• Expected delta: +$1,369/yr (+$114/mo · 304.8%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 6 d/yr ≥106°F today · 23 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: $25,847
• − Mortgage interest: −$12,267
• − Property taxes: −$449
• − Insurance: −$1,095
• − Repairs & maintenance: −$2,068
• − Management: −$2,068
• − Depreciation: −$6,371
• Taxable income: $1,529
• Est. tax owed @ 24.0%: −$367
• After-tax cash flow: $4,726/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): 27,142
• Household income: $60,450
• Rent vs Own: 43.2% rent · 56.8% own
• Severe rent burden: 1928.0

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 Black (68%)
• Race & ethnicity: Black 68% White 23% Two or more races 6% Hispanic / Latino 4%
• Common ancestry: Lithuanian 1% Slovak 1% Estonian 1%
• Foreign-born: 7% · Canada, Jamaica
• Languages at home: 92% English-only · French/Haitian/Cajun 3% Spanish 3% Other Indo-European 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: ▼ -275.45%
• Current HPI: 412.7251
• Rent YoY: ▼ -0.77%
• 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

+200.4% since first listed

19 events — show timeline

• 2026-04-16 Price Changed $219,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-09 Listed $225,000 Stellar MLS as Distributed by MLS Grid
• 2015-01-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-01-22 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-01-05 Relisted — Stellar MLS as Distributed by MLS Grid
• 2015-01-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-10-22 Contingent — Stellar MLS as Distributed by MLS Grid
• 2014-10-15 Relisted — Stellar MLS as Distributed by MLS Grid
• 2014-07-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-07-15 Relisted — Stellar MLS as Distributed by MLS Grid
• 2014-06-14 Contingent — Stellar MLS as Distributed by MLS Grid
• 2014-06-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2014-04-21 Contingent — Stellar MLS as Distributed by MLS Grid
• 2014-03-31 Listed $19,900 Stellar MLS as Distributed by MLS Grid
• 2014-03-04 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2012-10-08 Listed $34,767 Stellar MLS as Distributed by MLS Grid
• 2005-08-12 Sold (Public Records) $79,500 Public Records
• 2005-07-20 Sold (Public Records) $65,700 Public Records
• 2005-04-05 Listed $72,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+9.6%/yr

Latest (2016): $449 · +6.7% YoY. Source: county tax records.