2425 19th St S · St. Petersburg, FL 33712

$220,000

2 bd · 1.0 ba · 796 sqft · SingleFamily public records · 16 Days on market

Built 1950 4,896 sqft lot Est $205k · 7% over

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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 +14.2/30.0
• DSCR +4.3/10.0
• ARV discount +4.3/15.0
• Schools +4.3/10.0
• 1% rule +3.1/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Fully renovated 2 bedroom, 1 bathroom home with alley access and a nice size backyard. Features include newer roof, real wood shaker cabinets with granite countertops, stainless steel appliances, newer tankless water heater, tub/shower with tile, luxury vinyl flooring, and neutral Sherwin-Williams paint throughout. Modern finishes with clean designer touches inside and out. Great centrally located St. Petersburg property close to downtown, shopping, and beaches. THIS WILL NOT LAST!

Key facts

• Newer roof
• Nice size backyard
• Granite countertops

Tags

• NICE SIZE BACKYARD
• NEWER ROOF
• REAL WOOD SHAKER CABINETS
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• NEWER TANKLESS WATER HEATER

Property features AI

Finance

• Other: Property type: Residential - Single Family Residence
• HOA & community: No HOA

Exterior

• Utilities: Public water; Public sewer; Electricity connected; Cable available; Broadband/high-speed internet available
• Home design: Single-family residence; One story; Faces southwest
• Construction: Frame construction; Shingle roof; Slab foundation; Built on a 0.11-acre lot (50 x 100)
• Exterior features: Private mailbox; Sidewalk

Interior

• Kitchen: Cooktop; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Laundry room with washer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $35 ($420/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 $177k (19.4% below list).
• Recommended offer: $177k (19.4% below list) — sets the bar for 1% rule.
• Cap rate 6.5% 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: Rents soft (-0.8%/yr); 204 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 35% of the median local income ($60k/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 $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 16 days — a 2% lower offer ($217k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 18y 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 $60k; list at $220k implies a 267% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $177,309 (19.4% below list)

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.81% ✗
• Cap rate: 6.48%
• Cash-on-cash: 0.68%
• DSCR: 1.03
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $205,368
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2510 Queen St S	0.14mi	3/2.0 (+1)	775 (-3%)	10mo	$247,000	$319	71
1608 Preston St S	0.63mi	2/1.0	833 (+5%)	3mo	$242,000	$291	61
1708 Preston St S	0.56mi	3/1.0 (+1)	795 (-0%)	9mo	$140,000	$176	61
2432 Auburn St S	0.61mi	2/1.0	744 (-6%)	6mo	$249,000	$335	56
2045 11th St S	0.62mi	2/1.0	814 (+2%)	15mo	$210,000	$258	55
2034 Upton Ct S	0.29mi	2/1.0	676 (-15%)	13mo	$145,000	$214	51
1214 20th Ave S	0.58mi	2/1.0	852 (+7%)	14mo	$72,000	$85	49
1526 Preston St S	0.65mi	3/1.0 (+1)	816 (+2%)	16mo	$250,000	$306	47
2346 15th Ave S	0.73mi	2/1.0	830 (+4%)	15mo	$160,000	$193	46
2331 16th Ave S	0.70mi	3/1.0 (+1)	872 (+10%)	6mo	$245,000	$281	41
2401 17th Ave S	0.68mi	3/1.0 (+1)	912 (+15%)	1mo	$90,000	$99	38
2032 15th Ave S	0.65mi	2/1.0	882 (+11%)	19mo	$225,800	$256	36

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: -18.3%
• Equity multiple: 0.37×
• Total profit: $-38,687
• Equity at exit: $32,803

10-year hold

• IRR: -17.2%
• Equity multiple: 0.17×
• Total profit: $-51,179
• Equity at exit: $19,022

Cash invested: $61,600 (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: 10.3×

Monthly cashflow live

• Estimated rent: $1,773 high
• Mortgage (P&I): −$1,154
• Tax from tax record: −$120 /mo · $1,445/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$372
• Net cashflow: $35

Break-even live

Break-even rent $1,729

Max offer price $220,000

Occupancy floor 93%

Sensitivity live

Price	-10% $160	-5% $97	+0% $35	+5% $-27	+10% $-90
Rent	-10% $-105	-5% $-35	+0% $35	+5% $105	+10% $175
Rate	-1.0pp $146	-0.5pp $91	base $35	+0.5pp $-22	+1.0pp $-80

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: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2621 18th St S Saint Petersburg, FL	3.0	1.0	1114	$2,200	$1.97	25d	1	0.12mi
1828 20th Ave S Saint Petersburg, FL	3.0	1.0	1015	$1,650	$1.63	25d	1	0.28mi
2010 22nd St S Saint Petersburg, FL	3.0	1.0	1036	$1,695	$1.64	5d	1	0.38mi
2000 Queensboro Ave S Unit A St. Petersburg, FL	2.0	1.0	616	$1,450	$2.35	25d	1	0.46mi
2425 22nd Ave S Saint Petersburg, FL	1.0	1.0	698	$1,525	$2.18	25d	1	0.47mi
1760 Queen St S Saint Petersburg, FL	3.0	1.0	1004	$2,000	$1.99	5d	1	0.49mi
1930 Walton St S Saint Petersburg, FL	3.0	1.0	814	$2,000	$2.46	5d	1	0.55mi
1320 18th Ave S Saint Petersburg, FL	2.0	1.0	750	$1,550	$2.07	18d	1	0.55mi
1715 14th St S St. Petersburg, FL	2.0	1.0	1000	$1,850	$1.85	25d	1	0.57mi
1701 14th St S Unit A St. Petersburg, FL	2.0	1.0	1100	$1,950	$1.77	25d	1	0.58mi
1650 Prescott St S Saint Petersburg, FL	3.0	1.0	960	$2,100	$2.19	5d	1	0.60mi
2222 10th St S Unit B St. Petersburg, FL	2.0	1.0	600	$1,800	$3.00	25d	1	0.63mi
986 22nd Ave S #3 St. Petersburg, FL	2.0	2.0	850	$1,350	$1.59	15d	1	0.65mi
2425 Auburn St S Saint Petersburg, FL	3.0	2.0	1092	$2,195	$2.01	5d	1	0.66mi
2423 Auburn St S Saint Petersburg, FL	3.0	2.0	1057	$1,650	$1.56	25d	1	0.66mi
966 22nd Ave S Unit 109 St. Petersburg, FL	2.0	2.0	900	$1,795	$1.99	8d	1	0.68mi
1771 15th Ave S Saint Petersburg, FL	2.0	1.0	800	$1,195	$1.49	5d	1	0.69mi
1771 15th Ave S Unit 1/2 St. Petersburg, FL	2.0	1.0	624	$1,195	$1.92	8d	1	0.69mi
1920 14th Ave S Saint Petersburg, FL	3.0	2.0	1073	$1,865	$1.74	25d	1	0.70mi
2028 14th Ave S Unit A St. Petersburg, FL	2.0	2.0	1000	$1,920	$1.92	25d	1	0.70mi
2020 14th Ave S Unit A St. Petersburg, FL	2.0	2.0	1000	$1,920	$1.92	8d	1	0.71mi
2710 22nd Ave S Saint Petersburg, FL	3.0	1.0	1083	$2,450	$2.26	5d	1	0.73mi
1931 10th St S St. Petersburg, FL	2.0	1.0	625	$1,675	$2.68	15d	1	0.73mi
2231 15th Ave S Saint Petersburg, FL	2.0	1.0	768	$1,900	$2.47	5d	1	0.74mi
1427 15th St S Saint Petersburg, FL	3.0	1.0	1030	$2,095	$2.03	5d	1	0.76mi
1827 Auburn St S Saint Petersburg, FL	3.0	1.0	1056	$1,855	$1.76	5d	1	0.76mi
2601 18th Ave S Unit B St. Petersburg, FL	1.0	1.0	600	$1,100	$1.83	24d	1	0.76mi
1529 12th St S Unit A St. Petersburg, FL	2.0	1.5	700	$1,550	$2.21	25d	1	0.76mi
2835 Dr Martin Luther King Jr St S Saint Petersburg, FL	2.0	1.0	780	$1,450	$1.86	25d	1	0.79mi
944 18th Ave S Unit A St. Petersburg, FL	3.0	1.0	1013	$2,100	$2.07	18d	1	0.81mi
1919 Doctor Martin Luther King Junior St S Unit 1/2 St. Petersburg, FL	3.0	1.0	892	$2,580	$2.89	21d	1	0.81mi
1919 Doctor Martin Luther King Junior St S Unit 1/2 St. Petersburg, FL	3.0	1.0	892	$2,200	$2.47	3d	1	0.81mi
2227 Highland St S Unit 2 St. Petersburg, FL	1.0	1.0	550	$1,200	$2.18	15d	1	0.82mi
2219 Highland St S Unit 3 St. Petersburg, FL	1.0	1.0	550	$1,250	$2.27	25d	1	0.82mi
2219 Highland St S Unit 1 St. Petersburg, FL	2.0	1.0	850	$1,650	$1.94	25d	1	0.82mi
2219 Highland St S #7 St. Petersburg, FL	1.0	1.0	550	$1,200	$2.18	15d	1	0.82mi
1428 12th St S Saint Petersburg, FL	2.0	1.0	575	$1,400	$2.43	22d	1	0.85mi
1204 21st St S St. Petersburg, FL	1.0	1.0	584	$1,325	$2.27	15d	1	0.88mi
2030 12th Ave S St. Petersburg, FL	1.0	1.0	622	$1,325	$2.13	13d	1	0.88mi
832 20th Ave S #830 St. Petersburg, FL	1.0	1.0	648	$1,300	$2.01	8d	1	0.88mi

Listing history 7 events

1. 2026-06-01
   status $220,000 Pending 16 DOM
2. 2026-05-31
   days on market $220,000 Active 16 DOM
3. 2026-05-15
   listed $220,000 Active
4. 2008-11-09
   historical
5. 2008-05-16
   listed $35,900
6. 2005-12-14
   soldstatus $60,000
7. 1993-12-15
   soldstatus $11,600

ⓘ 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: $1,445 · $120/mo
• Projected year-2 tax: $1,826 · $152/mo
• Expected delta: +$381/yr (+$32/mo · 26.4%)

ⓘ 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 ≥106°F today · 27 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: $21,277
• − Mortgage interest: −$12,323
• − Property taxes: −$1,445
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,702
• − Management: −$1,702
• − Depreciation: −$6,400
• Taxable loss: −$3,396
• Est. tax savings @ 24.0%: +$815
• After-tax cash flow: $1,235/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

+1796.6% since first listed

5 events — show timeline

• 2026-05-15 Listed $220,000 Stellar MLS as Distributed by MLS Grid
• 2008-11-09 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2008-05-16 Listed $35,900 Stellar MLS as Distributed by MLS Grid
• 2005-12-14 Sold (Public Records) $60,000 Public Records
• 1993-12-15 Sold (Public Records) $11,600 Public Records

Property tax history

+12.3%/yr

Latest (2025): $1,445 · +32.9% YoY. Source: county tax records.