1759 43rd St S · St. Petersburg, FL 33711

$260,000

3 bd · 1.0 ba · 770 sqft · SingleFamily public records · 120 Days on market

Built 1940 6,373 sqft lot Est $249k · at est.

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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 +16.3/30.0
• ARV discount +5.6/15.0
• DSCR +5.0/10.0
• Schools +4.3/10.0
• 1% rule +3.8/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks

ADORABLE ST PETE BUNGALOW STYLE HOME - On an over 6000 square foot lot! This home has been updated top to bottom - new windows, flooring, fixtures, water heater, AC - With renovated 2 bedrooms nearby selling over $300k, this is an amazing value! Upon entry, you will find the open and bright living with plenty of natural light spilling in, with the view of the beautiful kitchen (APPLIANCES TO BE PROVIDED BY SELLER PRIOR TO CLOSING. ). The kitchen features new quartz throughout, backsplash, and cabinets! The kitchen features a large bar which is perfect for meals and a work from home space! Past the kitchen to your right are the two bright bedrooms, and the hallway full bathroom. The hallwa

Key facts

• New flooring
• New water heater
• New fixtures

Tags

• OVER 6000 SQUARE FOOT LOT
• NEW WINDOWS
• NEW FLOORING
• NEW FIXTURES
• NEW WATER HEATER
• NEW AC

Property features AI

Finance

• Other: Lot approximately 0.15 acres (50 x 128), paved road access; Unfurnished; No waterfront; CDD not applicable; Homestead not claimed
• Financial info:
• HOA & community: No association; No association approval required

Exterior

• Parking:
• Security:
• Utilities: Public water; Public sewer; Public utilities
• Home design: Single-family residence; Residential property; One story; Faces south; Fixer condition; Entry level: One
• Construction: Frame construction; Membrane roof; Pillar/post/pier foundation; Built area approximately 920 square feet
• Exterior features: Private mailbox; Other exterior features

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Inside laundry; Laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $143 ($2k/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 $228k (12.4% below list).
• Recommended offer: $228k (12.4% below list) — sets the bar for 1% rule.
• Cap rate 7.0% 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.
• Zoned schools: Fairmount Park Elementary School (math 21% / reading 15%, grade F, #2,115 of 2,144 statewide, top 99%, 500 students, 91% 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 76% FRL vs 48% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 24% at this address vs 51% district-wide (-27 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 (-1.5%/yr); 267 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 41% of the median local income ($67k/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 $8k 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 120 days — a 9% lower offer ($237k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $155k; list at $260k implies a 68% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• 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 $227,712 (12.4% below list)

Questions for the listing agent

1. It's been on market 120 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — 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. 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?
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 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: 0.88% ✗
• Cap rate: 6.95%
• Cash-on-cash: 2.35%
• DSCR: 1.10
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $249,480
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4371 18th Ave S	0.09mi	2/1.0 (-1)	752 (-2%)	6mo	$282,000	$375	82
1726 43rd St S	0.05mi	3/1.0	745 (-3%)	14mo	$255,000	$342	81
4601 21st Ave S	0.36mi	2/1.0 (-1)	780 (+1%)	4mo	$237,000	$304	73
1711 45th St S	0.20mi	3/1.0	720 (-6%)	12mo	$225,000	$313	70
3929 10th Ave S	0.60mi	3/1.0	770 (0%)	6mo	$235,000	$305	67
1300 37th St S	0.58mi	3/1.0	758 (-2%)	9mo	$245,000	$323	62
4941 Newton Ave S	0.66mi	3/1.0	720 (-6%)	1mo	$160,000	$222	58
3882 13th Ave S	0.45mi	3/1.0	816 (+6%)	14mo	$115,000	$141	57
5009 12th Ave S	0.75mi	3/1.0	804 (+4%)	5mo	$319,000	$397	54
3471 15th Ave S	0.67mi	2/1.0 (-1)	700 (-9%)	1mo	$227,000	$324	48
4727 17th Ave S	0.44mi	2/1.0 (-1)	861 (+12%)	10mo	$280,000	$325	46
5130 Pine Grove Ter S	0.71mi	2/1.0 (-1)	654 (-15%)	11mo	$297,000	$454	28

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: -15.8%
• Equity multiple: 0.45×
• Total profit: $-39,761
• Equity at exit: $38,767

10-year hold

• IRR: -13.2%
• Equity multiple: 0.33×
• Total profit: $-48,913
• Equity at exit: $22,480

Cash invested: $72,800 (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 33711

• Rents YoY: -1.5%
• Active inventory: 267
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $2,277 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$184 /mo · $2,212/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$478
• Net cashflow: $143

Break-even live

Break-even rent $2,096

Max offer price $260,000

Occupancy floor 89%

Sensitivity live

Price	-10% $290	-5% $216	+0% $143	+5% $69	+10% $-4
Rent	-10% $-37	-5% $53	+0% $143	+5% $233	+10% $323
Rate	-1.0pp $274	-0.5pp $209	base $143	+0.5pp $75	+1.0pp $7

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4327 17th Ave S Saint Petersburg, FL	2.0	1.0	880	$2,500	$2.84	26d	1	0.09mi
1628 43rd St S Saint Petersburg, FL	3.0	2.0	1045	$2,100	$2.01	26d	1	0.09mi
1327 43rd St S Saint Petersburg, FL	3.0	1.5	959	$2,250	$2.35	6d	1	0.26mi
4631 Queensboro Ave S Unit 4631 St. Petersburg, FL	3.0	2.0	1094	$2,600	$2.38	9d	1	0.32mi
4631 Queensboro Ave S St Petersburg, FL	3.0	2.0	1094	$2,600	$2.38	12d	1	0.32mi
1642 39th St S Saint Petersburg, FL	3.0	1.0	975	$1,995	$2.05	22d	1	0.33mi
4618 20th Ave S Saint Petersburg, FL	2.0	1.0	921	$1,800	$1.95	4d	1	0.38mi
4601 22nd Ave S Saint Petersburg, FL	1.0–2.0	1.0	872	$1,349	$1.55	3d	3	0.45mi
1665 37th St S Saint Petersburg, FL	3.0	1.0	867	$1,850	$2.13	12d	1	0.45mi
1933 47th St S Saint Petersburg, FL	2.0	1.0	816	$1,595	$1.95	6d	1	0.46mi
4545 12th Ave S Saint Petersburg, FL	2.0	1.0	660	$2,000	$3.03	6d	1	0.46mi
4421 11th Ave S Saint Petersburg, FL	3.0	2.0	945	$2,000	$2.12	6d	1	0.48mi
4537 10th Ave S Saint Petersburg, FL	4.0	2.0	1046	$2,690	$2.57	6d	1	0.56mi
3936 9th Ave S Saint Petersburg, FL	2.0	1.0	696	$1,895	$2.72	9d	1	0.59mi
3936 9th Ave S Saint Petersburg, FL	2.0	1.0	696	$1,895	$2.72	0d	1	0.59mi
4665 Yarmouth Ave S Saint Petersburg, FL	2.0	1.0	826	$1,950	$2.36	26d	1	0.59mi
3535 14th Ave S Saint Petersburg, FL	3.0	1.0	768	$1,650	$2.15	6d	1	0.59mi
2510 38th St S Saint Petersburg, FL	3.0	1.5	1104	$2,340	$2.12	6d	1	0.64mi
2510 38th St S Saint Petersburg, FL	3.0	1.5	1104	$2,340	$2.12	25d	1	0.64mi
2612 46th St S Gulfport, FL	2.0	2.0	1063	$2,500	$2.35	0d	1	0.66mi
4801 10th Ave S Unit 1 St. Petersburg, FL	3.0	1.0	1100	$2,200	$2.00	26d	1	0.68mi
4933 13th Ave S Gulfport, FL	2.0	1.0	939	$2,200	$2.34	22d	1	0.69mi
4938 12th Ave S Gulfport, FL	3.0	2.0	990	$1,795	$1.81	0d	1	0.71mi
3774 Abington Ave S Unit A St. Petersburg, FL	2.0	1.0	710	$1,400	$1.97	14d	1	0.78mi
3246 20th Ave S Saint Petersburg, FL	2.0	1.0	864	$1,795	$2.08	26d	1	0.81mi
2814 Tifton St S Gulfport, FL	2.0	1.0	1010	$2,200	$2.18	0d	1	0.83mi
2800 47th St S Gulfport, FL	2.0	1.0	890	$2,300	$2.58	6d	1	0.83mi
4525 29th Ave S Gulfport, FL	2.0	1.0	828	$1,895	$2.29	6d	1	0.85mi
4541 6th Ave S Saint Petersburg, FL	3.0	1.0	945	$1,100	$1.16	16d	1	0.86mi
1227 Fargo St S Unit 1 St. Petersburg, FL	2.0	1.0	780	$1,600	$2.05	26d	1	0.87mi
1701 53rd St S Gulfport, FL	3.0	1.0	994	$2,800	$2.82	6d	1	0.88mi
2402 52nd St S Gulfport, FL	2.0	2.0	1028	$3,000	$2.92	6d	1	0.90mi
505 43rd St S Unit 5051/2 St. Petersburg, FL	2.0	1.0	800	$2,000	$2.50	26d	1	0.91mi
3627 29th Ave S Saint Petersburg, FL	2.0	1.0	1040	$2,000	$1.92	9d	1	0.92mi
1147 32nd St S Saint Petersburg, FL	2.0	1.0	780	$1,350	$1.73	16d	1	0.93mi
1901 31st St S Unit 1/2 St. Petersburg, FL	2.0	1.0	721	$1,950	$2.70	5d	1	0.96mi
2412 53rd St S Unit A Gulfport, FL	3.0	1.0	821	$2,250	$2.74	26d	1	0.97mi
3089 15th Ave S Saint Petersburg, FL	3.0	2.0	1000	$2,195	$2.19	6d	1	0.99mi
3091 15th Ave S St. Petersburg, FL	3.0	2.0	1000	$2,195	$2.19	26d	1	1.00mi
450 47th St S Saint Petersburg, FL	3.0	1.0	960	$2,950	$3.07	6d	1	1.01mi

Listing history 16 events

1. 2026-06-22
   days on market $260,000 Active 120 DOM
2. 2026-06-18
   days on market $260,000 Active 117 DOM
3. 2026-06-17
   days on market $260,000 Active 116 DOM
4. 2026-06-16
   days on market $260,000 Active 115 DOM
5. 2026-06-15
   days on market $260,000 Active 114 DOM
6. 2026-06-13
   days on market $260,000 Active 112 DOM
7. 2026-06-09
   days on market $260,000 Active 108 DOM
8. 2026-06-08
   days on market $260,000 Active 107 DOM
9. 2026-06-07
   days on market $260,000 Active 106 DOM
10. 2026-06-04
    days on market $260,000 Active 103 DOM
11. 2026-06-03
    pricedays on market $260,000 Active 102 DOM
12. 2026-05-31
    days on market $275,000 Active 101 DOM
13. 2026-04-21
    price $275,000
14. 2026-03-28
    price $285,000
15. 2026-02-19
    listed $295,000 Active
16. 2025-01-09
    soldstatus $155,000

ⓘ 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: $2,212 · $184/mo
• Projected year-2 tax: $2,212 · $184/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 (unshaded) · 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 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,325
• − Mortgage interest: −$14,564
• − Property taxes: −$2,212
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,186
• − Management: −$2,186
• − Depreciation: −$7,564
• Taxable loss: −$2,686
• Est. tax savings @ 24.0%: +$645
• After-tax cash flow: $2,358/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): 20,013
• Household income: $66,540
• Rent vs Own: 30.3% rent · 69.7% own
• Severe rent burden: 903.0

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: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 45% Black 45% Hispanic / Latino 6% Two or more races 6%
• Hispanic origin (detail): Puerto Rican 1%
• Common ancestry: Romanian 2% Lithuanian 2% Italian 1%
• Foreign-born: 7% · Canada, Dominican Republic
• Languages at home: 91% English-only · Spanish 4% French/Haitian/Cajun 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: ▼ -313.54%
• Current HPI: 338.2712
• Rent YoY: ▼ -1.47%
• 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

+77.4% since first listed

4 events — show timeline

• 2026-04-21 Price Changed $275,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-28 Price Changed $285,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-19 Listed $295,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-09 Sold (Public Records) $155,000 Public Records

Property tax history

+16.5%/yr

Latest (2025): $2,212 · +14.7% YoY. Source: county tax records.