7743 39th Ter N · St. Petersburg, FL 33709

$125,000

2 bd · 1.0 ba · 720 sqft · Condo public records · 31 Days on market

Built 1970 $431/mo HOA · 27% of rent

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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 +18.2/30.0
• 1% rule +7.9/10.0
• ARV discount +7.5/15.0
• DSCR +5.7/10.0
• Schools +4.3/10.0
• Rent growth +2.7/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Where else can you find a unit in a 55+ community with a carport, laundry hookups, a low COA fee, an extra room for guests, and quick access to both downtown St. Pete and the Gulf beaches with plenty of local shopping at this price? If you are looking for great amenities for year round living or in your home away from home, you’ve found it. Worried about having room for your bed? That’s a California king in the picture! Imagine the privacy of living in the 4th unit on a dead end road with only 6 units per side. No through traffic! The clubhouse, pool, and fitness room provide plenty of opportunities to socialize. Schedule your showing today!

Key facts

• Shuffleboard court
• Covered carport
• Open layout

Tags

• OPEN LAYOUT
• LUXURY VINYL FLOORING
• UPDATED BATHROOM TILE
• COVERED CARPORT
• PRIVATE PATIO
• SHUFFLEBOARD COURT

Property features AI

Finance

• Other: Irrigation equipment included
• HOA & community: Monthly condo fee of $431; Annual fees totaling $5,172; Association managed by Aali Community Association Management Firm LLC; Community clubhouse; Community pool; Senior community; Pets not allowed

Exterior

• Parking: Assigned parking; Covered parking; Guest parking; 1-car carport
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Phone available; Broadband/high-speed internet available; Sprinkler recycled; Water available; Sewer available
• Home design: Residential villa; Single-story; North-facing
• Construction: Block and concrete construction; Shingle roof; Block foundation; Built as a villa
• Exterior features: Patio; Outdoor lighting; Outdoor grill; Private lot; Near public transit; Street dead-end

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Refrigerator; Stone counters
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Kitchen/family room combo; Living room/dining room combo; Open floorplan; Stone counters; Thermostat; Window treatments
• Laundry & utility: Washer included; Laundry located outside; Gas water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $125k.

Deal economics

• At list price, monthly cash flow is $112 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $121k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.4% 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.
• Market conditions: Rents flat; 309 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 36% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k 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 31 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 19y 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 $79k; list at $125k implies a 58% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 27% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $121,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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.
7. 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.
8. 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: 1.29% ✓
• Cap rate: 7.37%
• Cash-on-cash: 3.85%
• DSCR: 1.17
• GRM: 6.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.99% rent growth · sell at horizon

5-year hold

• IRR: -13.1%
• Equity multiple: 0.54×
• Total profit: $-16,090
• Equity at exit: $18,638

10-year hold

• IRR: -8.6%
• Equity multiple: 0.53×
• Total profit: $-16,568
• Equity at exit: $10,808

Cash invested: $35,000 (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

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

Methodology + full state rankings →

ZIP-level market 33709

• Rents YoY: 1.0%
• Active inventory: 309
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,616 high
• Mortgage (P&I): −$656
• Tax from tax record: −$25 /mo · $304/yr
• Insurance: −$52
• HOA: −$431
• Vacancy / Maint / Mgmt: −$339
• Net cashflow: $112

Break-even live

Break-even rent $1,473

Max offer price $125,000

Occupancy floor 88%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7801 34th Ave N #88 Saint Petersburg, FL	2.0	1.0	624	$1,300	$2.08	2d	1	0.32mi
7801 34th Ave N #88 Saint Petersburg, FL	2.0	1.0	624	$1,400	$2.24	24d	1	0.32mi
7317 46th Ave N Unit 4 St. Petersburg, FL	1.0	1.0	528	$1,200	$2.27	13d	1	0.55mi
4801 71st St N Saint Petersburg, FL	2.0	1.0	726	$1,900	$2.62	4d	1	0.74mi
4801 71st St N St Petersburg, FL	2.0	1.0	726	$1,900	$2.62	17d	1	0.74mi
7045 30th Ave N Saint Petersburg, FL	1.0–2.0	1.0–2.0	825	$1,595	$1.93	7d	1	0.85mi
6801 48th Ave N Unit B St. Petersburg, FL	1.0	1.0	650	$1,525	$2.35	24d	1	0.91mi
5257 81st Ln N #6 Saint Petersburg, FL	1.0	1.0	745	$1,375	$1.85	24d	1	0.92mi
5140 70th St N Unit 3 St. Petersburg, FL	1.0	1.0	450	$1,200	$2.67	24d	1	0.93mi
4701 68th St N Saint Petersburg, FL	1.0	1.0	700	$1,099	$1.57	24d	1	0.93mi
3556 66th St N St. Petersburg, FL	1.0	1.0	610	$1,300	$2.13	14d	1	1.01mi
6538 42nd Ave N Unit 7 Kenneth City, FL	2.0	1.0	648	$2,000	$3.09	24d	1	1.07mi
8800 Bay Pines Blvd #320 Saint Petersburg, FL	1.0	1.0	506	$2,200	$4.35	4d	1	1.08mi
5411 70th Ln N Saint Petersburg, FL	2.0	1.0	600	$1,800	$3.00	24d	1	1.08mi
3980 64th St N Saint Petersburg, FL	1.0–2.0	1.0–2.0	707	$1,500	$2.12	3d	6	1.22mi
6939 Stones Throw Cir N #6207 Saint Petersburg, FL	1.0	1.0	680	$1,595	$2.35	24d	1	1.34mi
6522 54th Ave N Saint Petersburg, FL	1.0–3.0	1.0–2.0	892	$1,600	$1.79	1d	10	1.35mi
6908 Stones Throw Cir N #10208 Saint Petersburg, FL	2.0	1.5	730	$1,900	$2.60	14d	1	1.42mi

HOA detail condo

• Monthly dues: $431 · $5,172/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 18 events

1. 2026-06-18
   pricedays on market $125,000 Active 31 DOM
2. 2026-06-17
   days on market $129,900 Active 30 DOM
3. 2026-06-16
   days on market $129,900 Active 29 DOM
4. 2026-06-15
   days on market $129,900 Active 28 DOM
5. 2026-06-13
   days on market $129,900 Active 26 DOM
6. 2026-06-09
   days on market $129,900 Active 22 DOM
7. 2026-06-08
   days on market $129,900 Active 21 DOM
8. 2026-06-07
   days on market $129,900 Active 20 DOM
9. 2026-06-04
   days on market $129,900 Active 17 DOM
10. 2026-06-03
    days on market $129,900 Active 16 DOM
11. 2026-06-01
    days on market $129,900 Active 14 DOM
12. 2026-05-31
    days on market $129,900 Active 13 DOM
13. 2026-05-18
    listed $129,900 Active
14. 2020-01-24
    soldstatus $79,000 Sold 661-char remark

    Show marketing remark (661 chars)

    Where else can you find a unit in a 55+ community with a carport, laundry hookups, a low COA fee, an extra room for guests, and quick access to both downtown St. Pete and the Gulf beaches with plenty of local shopping at this price? If you are looking for great amenities for year round living or in your home away from home, you’ve found it. Worried about having room for your bed? That’s a California king in the picture! Imagine the privacy of living in the 4th unit on a dead end road with only 6 units per side. No through traffic! The clubhouse, pool, and fitness room provide plenty of opportunities to socialize. Schedule your showing today!

15. 2020-01-10
    status Pending 661-char remark

    Show marketing remark (661 chars)

    Where else can you find a unit in a 55+ community with a carport, laundry hookups, a low COA fee, an extra room for guests, and quick access to both downtown St. Pete and the Gulf beaches with plenty of local shopping at this price? If you are looking for great amenities for year round living or in your home away from home, you’ve found it. Worried about having room for your bed? That’s a California king in the picture! Imagine the privacy of living in the 4th unit on a dead end road with only 6 units per side. No through traffic! The clubhouse, pool, and fitness room provide plenty of opportunities to socialize. Schedule your showing today!

16. 2020-01-08
    listed $82,000 Active 661-char remark

    Show marketing remark (661 chars)

    Where else can you find a unit in a 55+ community with a carport, laundry hookups, a low COA fee, an extra room for guests, and quick access to both downtown St. Pete and the Gulf beaches with plenty of local shopping at this price? If you are looking for great amenities for year round living or in your home away from home, you’ve found it. Worried about having room for your bed? That’s a California king in the picture! Imagine the privacy of living in the 4th unit on a dead end road with only 6 units per side. No through traffic! The clubhouse, pool, and fitness room provide plenty of opportunities to socialize. Schedule your showing today!

17. 2007-07-22
    listed $89,900
18. 1986-07-14
    soldstatus $31,000

ⓘ 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: $304 · $25/mo
• Projected year-2 tax: $1,038 · $86/mo
• Expected delta: +$734/yr (+$61/mo · 241.5%)

ⓘ 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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 25 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: $19,387
• − Mortgage interest: −$7,002
• − Property taxes: −$304
• − Insurance: −$625
• − Repairs & maintenance: −$1,551
• − Management: −$1,551
• − HOA: −$5,172
• − Depreciation: −$3,636
• Taxable loss: −$454
• Est. tax savings @ 24.0%: +$109
• After-tax cash flow: $1,458/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): 25,050
• Household income: $53,501
• Rent vs Own: 23.9% rent · 76.1% own
• Severe rent burden: 712.0

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 (73%)
• Race & ethnicity: White 73% Hispanic / Latino 11% Two or more races 10% Black 5% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2% Dominican 1%
• Common ancestry: Lithuanian 3% Romanian 3% Slovak 2%
• Foreign-born: 14% · Canada, Vietnam, Jamaica
• Languages at home: 84% English-only · Spanish 9% Other Indo-European 2% Vietnamese 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: ▼ -416.74%
• Current HPI: 391.368
• Rent YoY: ▲ 0.99%
• 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

+319.0% since first listed

6 events — show timeline

• 2026-05-18 Listed $129,900 Stellar MLS as Distributed by MLS Grid
• 2020-01-24 Sold (MLS) $79,000 Stellar MLS as Distributed by MLS Grid
• 2020-01-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-01-08 Listed $82,000 Stellar MLS as Distributed by MLS Grid
• 2007-07-22 Listed $89,900 Stellar MLS as Distributed by MLS Grid
• 1986-07-14 Sold (Public Records) $31,000 Public Records

Property tax history

-4.6%/yr

Latest (2025): $304 · +11.4% YoY. Source: county tax records.