6050 Bahia Del Mar Cir #120 · St. Petersburg, FL 33715

$319,900

2 bd · 2.0 ba · 1,145 sqft · Condo public records · 201 Days on market

Built 1989 $803/mo HOA · 18% 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 +18.0/30.0
• 1% rule +8.7/10.0
• ARV discount +7.5/15.0
• DSCR +5.6/10.0
• 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

Listing remarks

Welcome home to your private piece of paradise. Enjoy the serene views from this turnkey first floor condo in beautiful Isla del Sol. This home has been beautifully maintained and is a great opportunity to own as either a full-time residence or a vacation get away. It offers a desirable open living concept which is perfect for entertaining. The split bedroom layout assures you and your guest privacy. Be sure to enjoy your morning coffee on the patio and enjoy the serene sound and views of the pond and fountain. Vista Verde offers weekly rentals so you can maximize your income should you want to rent when you aren't in residence. Isla del Sol is a private golfing community that offers differ

Key facts

• Open living concept
• Split bedroom layout
• $803 HOA

Tags

• TURNKEY FIRST FLOOR CONDO
• OPEN LIVING CONCEPT
• SPLIT BEDROOM LAYOUT
• VIEWS OF THE POND AND FOUNTAIN
• PRIVATE GOLFING COMMUNITY
• SHORT BIKE RIDE FROM BEACHES

Property features AI

Finance

• Other: Furnished; Condo fees paid monthly
• Financial info: Total annual association/fees $9,636; Lease restrictions apply
• HOA & community: Monthly condo/association fee of $803; Association dues include cable TV, common area taxes, pool, escrow reserves, insurance, internet, structure and grounds maintenance, private road, security, sewer, trash and water; Association approval required for buyers; Deed restrictions; Community features: community mailbox, golf, pool, street lights; Pets allowed with size/weight limits (max ~20 lbs)

Exterior

• Parking: Reserved parking
• Security: Community security included in association services
• Utilities: Public water; Public sewer; BB/HS internet available; Cable connected
• Home design: Residential condominium; One story; Faces northwest
• Construction: Block and frame construction; Shingle roof; Slab foundation; Built as part of a multi-unit building (building number 3)
• Exterior features: Covered patio; Patio; Rear porch; Exterior lighting; Sliding doors; Mature landscaping; Landscaped; Private setting; Paved access; Near golf course; On golf course; Near marina; Flood zone (flood insurance required)

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Living room/dining room combo; Walk-in closets; Window treatments
• Laundry & utility: Washer; Dryer; Inside laundry in a laundry closet

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $320k.

Deal economics

• At list price, monthly cash flow is $273 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $320k).
• Recommended offer: $282k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.3% 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: 282 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $4,391/mo this rent would consume 51% of the median local household income ($103k/yr) (locally 106% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $2k of equity ($2k loan paydown + $-496 appreciation (-0.1% local appreciation)).
• Pinellas County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-0.1% appreciation + 3.0% rent growth), your $90k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 201 days — a 12% lower offer ($282k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago; this cycle's ask is 6210% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $88k; list at $320k implies a 264% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: 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 $281,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 201 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.37% ✓
• Cap rate: 7.32%
• Cash-on-cash: 3.66%
• DSCR: 1.16
• GRM: 6.1

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: 1.5%
• Equity multiple: 1.07×
• Total profit: $6,406
• Equity at exit: $90,419

10-year hold

• IRR: 7.3%
• Equity multiple: 1.78×
• Total profit: $70,093
• Equity at exit: $106,736

Cash invested: $89,572 (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 33715

• Home prices YoY: -0.1%
• Active inventory: 282
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $4,391 high
• Mortgage (P&I): −$1,678
• Tax from tax record: −$582 /mo · $6,983/yr
• Insurance: −$133
• HOA: −$803
• Vacancy / Maint / Mgmt: −$922
• Net cashflow: $273

Break-even live

Break-even rent $4,045

Max offer price $319,900

Occupancy floor 89%

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: $79,975
• Closing costs: $9,597
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6000 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	1107	$4,095	$3.70	24d	3	0.06mi
6000 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	1107	$4,195	$3.79	7d	2	0.06mi
6191 Bahia del Mar Blvd #205 Saint Petersburg, FL	2.0	2.0	1070	$3,400	$3.18	24d	1	0.08mi
6100 Bahia del Mar Cir #103 Saint Petersburg, FL	2.0	2.5	1145	$5,580	$4.87	4d	1	0.09mi
6100 Bahia del Mar Cir St Petersburg, FL	2.0	2.0–2.5	1145	$4,038	$3.53	24d	2	0.09mi
5901 Bahia del Mar Cir #518 Saint Petersburg, FL	2.0	2.0	1080	$3,000	$2.78	24d	1	0.10mi
5901 Bahia del Mar Cir #223 Saint Petersburg, FL	2.0	2.0	1080	$7,860	$7.28	24d	1	0.10mi
5901 Bahia del Mar Cir #122 Saint Petersburg, FL	2.0	2.0	1080	$3,500	$3.24	24d	1	0.10mi
5901 Bahia del Mar Cir #422 Saint Petersburg, FL	2.0	2.0	1080	$7,860	$7.28	24d	1	0.10mi
5901 Bahia del Mar Cir #124 Saint Petersburg, FL	2.0	2.0	1150	$2,500	$2.17	24d	1	0.10mi
6061 Bahia del Mar Cir #146 Saint Petersburg, FL	2.0	2.0	1080	$2,600	$2.41	24d	1	0.11mi
6081 Bahia del Mar Cir #456 Saint Petersburg, FL	2.0	2.0	1150	$3,000	$2.61	24d	1	0.11mi
6151 Bahia del Mar Blvd St Petersburg, FL	2.0	2.0	1107	$4,540	$4.10	24d	3	0.12mi
6001 Bahia del Mar Cir #527 Saint Petersburg, FL	2.0	2.0	1080	$7,860	$7.28	24d	1	0.12mi
6141 Bahia del Mar Blvd #229 Saint Petersburg, FL	2.0	2.0	1145	$6,090	$5.32	24d	1	0.12mi
6141 Bahia Del Mar Blvd S Unit 1546330P St. Petersburg, FL	2.0	2.0	1140	$2,631	$2.31	7d	1	0.12mi
6061 Bahia del Mar Cir #347 St Petersburg, FL	2.0	2.0	1080	$2,300	$2.13	4d	1	0.12mi
6061 Bahia del Mar Cir #448 St Petersburg, FL	2.0	2.0	1150	$7,530	$6.55	4d	1	0.12mi
6107 Mirada Cir Saint Petersburg, FL	3.0	2.5	1320	$3,200	$2.42	4d	1	0.12mi
6273 Bahia del Mar Blvd #216 Saint Petersburg, FL	2.0	2.0	915	$5,700	$6.23	24d	1	0.13mi
5801 Bahia del Mar Cir #512 Saint Petersburg, FL	2.0	2.0	1075	$7,510	$6.99	24d	1	0.13mi
5701 Bahia del Mar Cir #508 Saint Petersburg, FL	2.0	2.0	1150	$3,200	$2.78	24d	1	0.15mi
6281 Bahia del Mar Blvd #208 Saint Petersburg, FL	2.0	2.0	890	$2,100	$2.36	24d	1	0.17mi
6077 Bahia del Mar Blvd St Petersburg, FL	2.0	2.0	1107	$2,198	$1.98	12d	2	0.19mi
6073 Bahia del Mar Blvd #129 Saint Petersburg, FL	2.0	2.0	1145	$2,200	$1.92	24d	1	0.19mi
5900 Bahia del Mar Cir #138 St Petersburg, FL	2.0	2.0	1075	$5,070	$4.72	4d	1	0.21mi
6083 Bahia del Mar Cir #159 Saint Petersburg, FL	2.0	2.0	1135	$8,310	$7.32	24d	1	0.21mi
6083 Bahia del Mar Cir #460 St Petersburg, FL	2.0	2.0	1215	$7,460	$6.14	4d	1	0.21mi
6294 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	945	$4,142	$4.38	24d	3	0.22mi
6059 Bahia del Mar Blvd #241 Saint Petersburg, FL	2.0	2.0	1070	$5,170	$4.83	17d	1	0.23mi
6085 Bahia del Mar Cir #467 Saint Petersburg, FL	2.0	2.0	1135	$6,960	$6.13	24d	1	0.23mi
6085 Bahia del Mar Cir #272 Saint Petersburg, FL	2.0	2.0	1170	$3,500	$2.99	23d	1	0.23mi
6085 Bahia del Mar Cir #468 Saint Petersburg, FL	2.0	2.0	1215	$9,398	$7.73	24d	1	0.23mi
6295 Bahia del Mar Cir St Petersburg, FL	1.0–2.0	1.0–2.0	915	$7,110	$7.77	24d	6	0.25mi
6287 Bahia del Mar Cir #311 St Petersburg, FL	2.0	2.0	890	$2,100	$2.36	4d	1	0.25mi
6287 Bahia del Mar Cir #312 Saint Petersburg, FL	2.0	2.0	890	$3,200	$3.60	4d	1	0.25mi
6291 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	1222	$3,830	$3.13	24d	2	0.25mi
6093 Bahia del Mar Cir #277 Saint Petersburg, FL	2.0	2.0	1215	$3,500	$2.88	24d	1	0.27mi
6093 Bahia del Mar Cir #478 Saint Petersburg, FL	2.0	2.0	1135	$2,200	$1.94	24d	1	0.27mi
6357 Bahia del Mar Blvd St Petersburg, FL	1.0–2.0	1.5–2.0	915	$7,000	$7.65	24d	2	0.27mi

HOA detail condo

• Monthly dues: $803 · $9,636/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 16 events

1. 2026-06-03
   statusdays on market $319,900 Pending 201 DOM
2. 2026-06-01
   days on market $319,900 Active 200 DOM
3. 2026-05-31
   days on market $319,900 Active 199 DOM
4. 2026-05-12
   status Active
5. 2026-05-11
   historical
6. 2026-04-09
   price $319,900
7. 2026-03-12
   listed $5,070
8. 2026-02-05
   price $349,900
9. 2025-11-12
   listed $375,000 Active
10. 2024-06-18
    historical $4,945
11. 2024-04-23
    listed $4,945
12. 2024-02-24
    historical $4,945
13. 2023-10-25
    price $4,945
14. 2022-11-30
    listed $5,970
15. 1996-12-05
    soldstatus $88,000
16. 1989-03-02
    soldstatus $84,000

ⓘ 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: $6,983 · $582/mo
• Projected year-2 tax: $6,983 · $582/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 1/10 Low FEMA zone X (shaded) · 0% 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: $52,697
• − Mortgage interest: −$17,919
• − Property taxes: −$6,983
• − Insurance: −$1,600
• − Repairs & maintenance: −$4,216
• − Management: −$4,216
• − HOA: −$9,636
• − Depreciation: −$9,306
• Taxable loss: −$1,179
• Est. tax savings @ 24.0%: +$283
• After-tax cash flow: $3,564/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

+280.8% since first listed

13 events — show timeline

• 2026-05-12 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-11 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-04-09 Price Changed $319,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-12 Listed for Rent $5,070 STELLARMLS
• 2026-02-05 Price Changed $349,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-12 Listed $375,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-18 Rental Removed $4,945 STELLARMLS
• 2024-04-23 Listed for Rent $4,945 STELLARMLS
• 2024-02-24 Rental Removed $4,945 STELLARMLS
• 2023-10-25 Price Changed $4,945 STELLARMLS
• 2022-11-30 Listed for Rent $5,970 STELLARMLS
• 1996-12-05 Sold (Public Records) $88,000 Public Records
• 1989-03-02 Sold (Public Records) $84,000 Public Records

Property tax history

+5.8%/yr

Latest (2025): $6,983 · +7.2% YoY. Source: county tax records.