6080 Bahia Del Mar Cir #112 · St. Petersburg, FL 33715

$318,000

2 bd · 2.0 ba · 1,075 sqft · Condo public records · 75 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 +19.1/30.0
• 1% rule +8.9/10.0
• ARV discount +7.5/15.0
• DSCR +6.0/10.0
• 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 to this charming 2-bedroom, 2-bathroom condo offering comfort, functionality, and beautiful pond views. The bright and open living area features wood laminate flooring and updated sliding glass doors with plantation shutters, bringing in natural light while showcasing a peaceful pond and fountain view—perfect for relaxing or entertaining. The kitchen is well-appointed with tile flooring, ample cabinet space, and a cozy dining area within. The bathrooms are finished with tile flooring as well, while both of the bedrooms have carpeting that creates a cozy and inviting retreat. The spacious primary bedroom includes serene views of the pond and plenty of natural light, while the

Key facts

• Generous storage
• In-unit laundry
• Tile flooring

Tags

• UPDATED SLIDING GLASS DOORS
• TILE FLOORING
• IN-UNIT LAUNDRY
• HURRICANE IMPACT WINDOWS
• GENEROUS STORAGE
• CONVENIENT PARKING SPOT

Property features AI

Finance

• Other: Turnkey furnished
• Financial info: Total annual fees $9,636; Lease restrictions apply
• HOA & community: Monthly HOA fee of $803; Association management: Resource Property Management; Bahia Del Mar Homeowners Association; HOA covers cable TV, common area taxes, pool, escrow reserves, internet, structure and grounds maintenance, management, security, sewer, trash and water; Association approval required; Buyer approval required; Deed restrictions; Street lights; Pets allowed (max 20 lbs)

Exterior

• Parking: Assigned parking; Guest parking
• Security: Community security included in association services
• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Sewer connected; Water connected; Underground utilities
• Home design: Condominium; 2-story building; Unit on floor 1; West-facing
• Construction: Stucco and frame construction; Tile roof; Slab foundation; Building 2
• Exterior features: Patio; Exterior lighting; Sliding doors; Storage; Pond view

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Laminate; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Crown molding; Eat-in kitchen; Living room/dining room combo; Split bedroom plan; Thermostat; Walk-in closets
• Laundry & utility: Washer and dryer included; Inside laundry; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $318k.

Deal economics

• At list price, monthly cash flow is $337 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $318k).
• Recommended offer: $299k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.6% 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.
• Market conditions: 282 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 $4,406/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 + $-493 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 $89k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($299k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $93k; list at $318k implies a 242% gain — meaningful room to come down on a strong offer.

Recommended offer $298,920 (6.0% below list)

Questions for the listing agent

1. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 6% 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. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
7. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
8. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
9. 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.
10. 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.
11. 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: 1.39% ✓
• Cap rate: 7.56%
• Cash-on-cash: 4.54%
• DSCR: 1.20
• GRM: 6.0

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: 2.5%
• Equity multiple: 1.12×
• Total profit: $10,504
• Equity at exit: $89,882

10-year hold

• IRR: 8.2%
• Equity multiple: 1.88×
• Total profit: $78,550
• Equity at exit: $106,102

Cash invested: $89,040 (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: 6.0×

Monthly cashflow live

• Estimated rent: $4,406 high
• Mortgage (P&I): −$1,668
• Tax from tax record: −$540 /mo · $6,486/yr
• Insurance: −$132
• HOA: −$803
• Vacancy / Maint / Mgmt: −$925
• Net cashflow: $337

Break-even live

Break-even rent $3,979

Max offer price $318,000

Occupancy floor 87%

Sensitivity live

Price	-10% $517	-5% $427	+0% $337	+5% $247	+10% $157
Rent	-10% $-11	-5% $163	+0% $337	+5% $511	+10% $685
Rate	-1.0pp $497	-0.5pp $418	base $337	+0.5pp $255	+1.0pp $171

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: $79,500
• Closing costs: $9,540
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6100 Bahia del Mar Cir #103 Saint Petersburg, FL	2.0	2.5	1145	$5,580	$4.87	5d	1	0.02mi
6100 Bahia del Mar Cir St Petersburg, FL	2.0	2.0–2.5	1145	$4,038	$3.53	24d	2	0.03mi
5901 Bahia del Mar Cir #422 Saint Petersburg, FL	2.0	2.0	1080	$7,860	$7.28	24d	1	0.06mi
5901 Bahia del Mar Cir #124 Saint Petersburg, FL	2.0	2.0	1150	$2,500	$2.17	24d	1	0.06mi
5901 Bahia del Mar Cir #223 Saint Petersburg, FL	2.0	2.0	1080	$7,860	$7.28	24d	1	0.06mi
5901 Bahia del Mar Cir #122 Saint Petersburg, FL	2.0	2.0	1080	$3,500	$3.24	24d	1	0.06mi
5901 Bahia del Mar Cir #518 Saint Petersburg, FL	2.0	2.0	1080	$3,000	$2.78	24d	1	0.06mi
6061 Bahia del Mar Cir #448 St Petersburg, FL	2.0	2.0	1150	$7,530	$6.55	5d	1	0.08mi
6061 Bahia del Mar Cir #347 St Petersburg, FL	2.0	2.0	1080	$2,300	$2.13	5d	1	0.08mi
6081 Bahia del Mar Cir #456 Saint Petersburg, FL	2.0	2.0	1150	$3,000	$2.61	24d	1	0.09mi
6061 Bahia del Mar Cir #146 Saint Petersburg, FL	2.0	2.0	1080	$2,600	$2.41	24d	1	0.09mi
6273 Bahia del Mar Blvd #216 Saint Petersburg, FL	2.0	2.0	915	$5,700	$6.23	24d	1	0.09mi
6000 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	1107	$4,195	$3.79	8d	2	0.10mi
6000 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	1107	$4,095	$3.70	24d	3	0.10mi
6001 Bahia del Mar Cir #527 Saint Petersburg, FL	2.0	2.0	1080	$7,860	$7.28	24d	1	0.12mi
6281 Bahia del Mar Blvd #208 Saint Petersburg, FL	2.0	2.0	890	$2,100	$2.36	24d	1	0.13mi
6141 Bahia Del Mar Blvd S Unit 1546330P St. Petersburg, FL	2.0	2.0	1140	$2,631	$2.31	8d	1	0.14mi
6141 Bahia del Mar Blvd #229 Saint Petersburg, FL	2.0	2.0	1145	$6,090	$5.32	24d	1	0.14mi
6191 Bahia del Mar Blvd #205 Saint Petersburg, FL	2.0	2.0	1070	$3,400	$3.18	24d	1	0.14mi
6107 Mirada Cir Saint Petersburg, FL	3.0	2.5	1320	$3,200	$2.42	5d	1	0.15mi
5900 Bahia del Mar Cir #138 St Petersburg, FL	2.0	2.0	1075	$5,070	$4.72	5d	1	0.15mi
6083 Bahia del Mar Cir #159 Saint Petersburg, FL	2.0	2.0	1135	$8,310	$7.32	24d	1	0.15mi
6083 Bahia del Mar Cir #460 St Petersburg, FL	2.0	2.0	1215	$7,460	$6.14	5d	1	0.15mi
6151 Bahia del Mar Blvd St Petersburg, FL	2.0	2.0	1107	$4,540	$4.10	24d	3	0.15mi
5801 Bahia del Mar Cir #512 Saint Petersburg, FL	2.0	2.0	1075	$7,510	$6.99	24d	1	0.17mi
6294 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	945	$4,142	$4.38	24d	3	0.17mi
6085 Bahia del Mar Cir #272 Saint Petersburg, FL	2.0	2.0	1170	$3,500	$2.99	24d	1	0.18mi
6085 Bahia del Mar Cir #468 Saint Petersburg, FL	2.0	2.0	1215	$9,398	$7.73	24d	1	0.18mi
6085 Bahia del Mar Cir #467 Saint Petersburg, FL	2.0	2.0	1135	$6,960	$6.13	24d	1	0.18mi
6073 Bahia del Mar Blvd #129 Saint Petersburg, FL	2.0	2.0	1145	$2,200	$1.92	24d	1	0.18mi
6287 Bahia del Mar Cir #311 St Petersburg, FL	2.0	2.0	890	$2,100	$2.36	5d	1	0.18mi
6287 Bahia del Mar Cir #312 Saint Petersburg, FL	2.0	2.0	890	$3,200	$3.60	5d	1	0.18mi
6077 Bahia del Mar Blvd St Petersburg, FL	2.0	2.0	1107	$2,198	$1.98	13d	2	0.19mi
6291 Bahia del Mar Cir St Petersburg, FL	2.0	2.0	1222	$3,830	$3.13	24d	2	0.19mi
6295 Bahia del Mar Cir St Petersburg, FL	1.0–2.0	1.0–2.0	915	$7,110	$7.77	24d	6	0.20mi
5701 Bahia del Mar Cir #508 Saint Petersburg, FL	2.0	2.0	1150	$3,200	$2.78	24d	1	0.20mi
6093 Bahia del Mar Cir #277 Saint Petersburg, FL	2.0	2.0	1215	$3,500	$2.88	24d	1	0.21mi
6093 Bahia del Mar Cir #478 Saint Petersburg, FL	2.0	2.0	1135	$2,200	$1.94	24d	1	0.21mi
6059 Bahia del Mar Blvd #241 Saint Petersburg, FL	2.0	2.0	1070	$5,170	$4.83	18d	1	0.21mi
6357 Bahia del Mar Blvd St Petersburg, FL	1.0–2.0	1.5–2.0	915	$7,000	$7.65	24d	2	0.23mi

HOA detail condo

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

Listing history 18 events

1. 2026-06-18
   days on market $318,000 Active 75 DOM
2. 2026-06-17
   days on market $318,000 Active 74 DOM
3. 2026-06-16
   days on market $318,000 Active 73 DOM
4. 2026-06-15
   days on market $318,000 Active 72 DOM
5. 2026-06-13
   days on market $318,000 Active 70 DOM
6. 2026-06-09
   days on market $318,000 Active 66 DOM
7. 2026-06-08
   days on market $318,000 Active 65 DOM
8. 2026-06-07
   days on market $318,000 Active 64 DOM
9. 2026-06-04
   days on market $318,000 Active 61 DOM
10. 2026-06-03
    days on market $318,000 Active 60 DOM
11. 2026-06-01
    days on market $318,000 Active 58 DOM
12. 2026-05-31
    days on market $318,000 Active 57 DOM
13. 2026-05-16
    price $318,000
14. 2026-04-20
    price $324,000
15. 2026-04-04
    listed $339,000 Active
16. 1998-08-21
    soldstatus $93,000
17. 1998-07-14
    soldstatus $93,000
18. 1989-08-02
    soldstatus $84,500

ⓘ 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: $6,486 · $540/mo
• Projected year-2 tax: $6,486 · $540/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $52,871
• − Mortgage interest: −$17,813
• − Property taxes: −$6,486
• − Insurance: −$1,590
• − Repairs & maintenance: −$4,230
• − Management: −$4,230
• − HOA: −$9,636
• − Depreciation: −$9,251
• Taxable loss: −$364
• Est. tax savings @ 24.0%: +$87
• After-tax cash flow: $4,132/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

+276.3% since first listed

6 events — show timeline

• 2026-05-16 Price Changed $318,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-20 Price Changed $324,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-04 Listed $339,000 Stellar MLS as Distributed by MLS Grid
• 1998-08-21 Sold (Public Records) $93,000 Public Records
• 1998-07-14 Sold (Public Records) $93,000 Public Records
• 1989-08-02 Sold (Public Records) $84,500 Public Records

Property tax history

+6.0%/yr

Latest (2025): $6,486 · +208.3% YoY. Source: county tax records.