900 40th St S · St. Petersburg, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +22.4/30.0
- ARV discount +15.0/15.0
- DSCR +7.2/10.0
- 1% rule +6.4/10.0
- Schools +4.3/10.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
- Appreciation +0.0/10.0
$232,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
INVESTOR ALERT! This 4 Bedroom, 1 Bathroom property presents a fantastic INCOME GENERATING opportunity. A well-maintained property that is generating solid investment returns, with reliable Housing Authority Tenants already in place at $2,995 per month! The home has undergone updates to ensure tenant comfort and satisfaction. Investing in this property means stepping into a turnkey investment opportunity that is already CASH FLOWING. Whether you're an experienced investor or just starting out, this property offers a solid foundation for long-term INCOME GROWTH. Don't miss out on this incredible INVESTMENT opportunity!
Key facts
- Eat in kitchen
- Living room
- Freshly painted
Tags
Property features AI
Finance
- Other: Unfurnished; No lease restrictions indicated
- HOA & community: No homeowners association; Pets allowed
Exterior
- Security: Smoke detector(s)
- Utilities: Public water; Public sewer; Broadband/high-speed internet available; Public utilities
- Home design: Single family residence; 1 story (one level); North-facing
- Construction: Cement siding; Shingle roof; Crawlspace foundation; Built on 0 to less than 1/4 acre lot (approx. 0.18 acres, 77 x 100)
- Exterior features: Awning(s); Exterior lighting; Asphalt-paved public road access
Interior
- Kitchen: No appliances included
- Bedrooms: 4 bedrooms
- Flooring: Tile
- Bathrooms: 1 full bathroom
- Heating & cooling: Baseboard heating; Central heating; Central air conditioning; Wall/window unit(s) for cooling
- Interior features: Eat-in kitchen; Solid surface counters; Split bedroom floorplan; Smoke detector(s)
- Laundry & utility: Laundry closet
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $232k.
Deal economics
- At list price, monthly cash flow is $386 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $232k).
- Recommended offer: $204k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.3% 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.
- Zoned schools: Fairmount Park Elementary School (math 21% / reading 15%, grade F, #2,115 of 2,144 statewide, top 99%, 500 students, 91% FRL); Gibbs High School (math 26% / reading 41%, grade F, #400 of 667 statewide, top 61%, 1,160 students, 64% FRL) — zoned schools average 78% FRL vs 48% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 26% at this address vs 51% district-wide (-25 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); 266 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 9d on market — plan ~1-2 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
- At $2,643/mo this rent would consume 48% of the median local household income ($67k/yr) (locally 903% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
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 136 days — a 12% lower offer ($204k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 13y ago; this cycle's ask is 8823% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Watch-outs: built in 1956 — 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.
Questions for the listing agent
- It's been on market 136 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 1.14% ✓
- Cap rate
- 8.29%
- Cash-on-cash
- 7.13%
- DSCR
- 1.32
- GRM
- 7.3
CMA / ARV
- ARV (on-the-fly)
- $285,140
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4127 12th Ave S | 0.21mi | 3/1.0 (-1) | 1,032 (-3%) | 0mo | $300,000 | $291 | 80 |
| 4659 9th Ave S | 0.59mi | 3/2.0 (-1) | 1,060 (0%) | 3mo | $295,000 | $278 | 61 |
| 4047 11th Ave S | 0.12mi | 3/1.0 (-1) | 920 (-13%) | 9mo | $299,900 | $326 | 60 |
| 4610 6th Ave S | 0.59mi | 3/2.0 (-1) | 1,078 (+2%) | 3mo | $337,000 | $313 | 58 |
| 3455 14th Ave S | 0.50mi | 4/2.0 | 1,098 (+4%) | 10mo | $282,500 | $257 | 58 |
| 4340 3rd Ave S | 0.59mi | 3/2.0 (-1) | 1,054 (-1%) | 6mo | $370,000 | $351 | 58 |
| 4818 10th Ave S | 0.71mi | 3/1.0 (-1) | 1,032 (-3%) | 3mo | $250,000 | $242 | 55 |
| 119 37th St S | 0.64mi | 3/1.0 (-1) | 996 (-6%) | 4mo | $268,000 | $269 | 52 |
| 4100 18th Ave S | 0.64mi | 4/1.0 | 1,164 (+10%) | 6mo | $170,625 | $147 | 49 |
| 4690 15th Ave S | 0.73mi | 3/1.0 (-1) | 1,032 (-3%) | 9mo | $190,000 | $184 | 49 |
| 3810 18th Ave S | 0.63mi | 3/2.0 (-1) | 986 (-7%) | 9mo | $265,000 | $269 | 42 |
| 3730 18th Ter S | 0.69mi | 3/2.0 (-1) | 1,200 (+13%) | 5mo | $315,000 | $263 | 33 |
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
- IRR
- -9.0%
- Equity multiple
- 0.68×
- Total profit
- $-20,661
- Equity at exit
- $34,592
- IRR
- -4.3%
- Equity multiple
- 0.76×
- Total profit
- $-15,866
- Equity at exit
- $20,059
Cash invested: $64,960 (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
ZIP-level market 33711
- Rents YoY
- -1.5%
- Active inventory
- 266
- Price-to-rent
- 7.3×
Monthly cashflow live
- Estimated rent
- $2,643 high interval (Pro) →
- Mortgage (P&I)
- −$1,217
- Tax from tax record
- −$389 /mo · $4,663/yr
- Insurance
- −$97
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$555
- Net cashflow
- $386
Break-even live
Sensitivity live
| Price | -10% $517 | -5% $452 | +0% $386 | +5% $320 | +10% $255 |
|---|---|---|---|---|---|
| Rent | -10% $177 | -5% $281 | +0% $386 | +5% $490 | +10% $595 |
| Rate | -1.0pp $503 | -0.5pp $445 | base $386 | +0.5pp $326 | +1.0pp $265 |
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
- $58,000
- Closing costs
- $6,960
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 4029 13th Ave S St Petersburg, FL | 3.0 | 2.0 | 1152 | $2,650 | $2.30 | 25d | 1 | 0.25mi |
| 3535 14th Ave S Saint Petersburg, FL | 3.0 | 1.0 | 768 | $1,650 | $2.15 | 5d | 1 | 0.42mi |
| 1327 43rd St S Saint Petersburg, FL | 3.0 | 1.5 | 959 | $2,250 | $2.35 | 5d | 1 | 0.42mi |
| 404 Madison St S Saint Petersburg, FL | 3.0 | 1.0 | 1391 | $2,500 | $1.80 | 5d | 1 | 0.44mi |
| 4421 11th Ave S Saint Petersburg, FL | 3.0 | 2.0 | 945 | $2,000 | $2.12 | 5d | 1 | 0.45mi |
| 1642 39th St S Saint Petersburg, FL | 3.0 | 1.0 | 975 | $1,995 | $2.05 | 21d | 1 | 0.49mi |
| 1543 43rd St S Saint Petersburg, FL | 4.0 | 2.0 | 1198 | $3,495 | $2.92 | 5d | 1 | 0.50mi |
| 3603 16th Ave S Saint Petersburg, FL | 4.0 | 2.0 | 1235 | $3,000 | $2.43 | 5d | 1 | 0.50mi |
| 1665 37th St S Saint Petersburg, FL | 3.0 | 1.0 | 867 | $1,850 | $2.13 | 12d | 1 | 0.51mi |
| 1628 43rd St S Saint Petersburg, FL | 3.0 | 2.0 | 1045 | $2,100 | $2.01 | 25d | 1 | 0.51mi |
| 4537 10th Ave S Saint Petersburg, FL | 4.0 | 2.0 | 1046 | $2,690 | $2.57 | 5d | 1 | 0.52mi |
| 1734 39th St S Saint Petersburg, FL | 4.0 | 2.0 | 1152 | $2,000 | $1.74 | 25d | 1 | 0.55mi |
| 4018 2nd Ave S Saint Petersburg, FL | 3.0 | 1.0 | 1176 | $2,095 | $1.78 | 5d | 1 | 0.55mi |
| 4541 6th Ave S Saint Petersburg, FL | 3.0 | 1.0 | 945 | $1,100 | $1.16 | 15d | 1 | 0.57mi |
| 4519 5th Ave S Saint Petersburg, FL | 4.0 | 2.0 | 1448 | $2,900 | $2.00 | 4d | 1 | 0.62mi |
| 4700 10th Ave S Saint Petersburg, FL | 3.0 | 2.0 | 1300 | $2,500 | $1.92 | 21d | 1 | 0.63mi |
| 4700 10th Ave S Unit 1 St. Petersburg, FL | 4.0 | 2.0 | 1300 | $2,650 | $2.04 | 25d | 1 | 0.63mi |
| 4711 Fairfield Ave S Saint Petersburg, FL | 3.0 | 2.0 | 1135 | $2,800 | $2.47 | 5d | 1 | 0.67mi |
| 4801 10th Ave S Unit 1 St. Petersburg, FL | 3.0 | 1.0 | 1100 | $2,200 | $2.00 | 25d | 1 | 0.71mi |
| 450 47th St S Saint Petersburg, FL | 3.0 | 1.0 | 960 | $2,950 | $3.07 | 5d | 1 | 0.72mi |
| 4736 5th Ave S Saint Petersburg, FL | 4.0 | 1.0 | 1224 | $1,895 | $1.55 | 5d | 1 | 0.76mi |
| 626 31st St S Saint Petersburg, FL | 3.0 | 1.0 | 1040 | $2,200 | $2.12 | 4d | 1 | 0.77mi |
| 4631 Queensboro Ave S St Petersburg, FL | 3.0 | 2.0 | 1094 | $2,600 | $2.38 | 12d | 1 | 0.79mi |
| 4631 Queensboro Ave S Unit 4631 St. Petersburg, FL | 3.0 | 2.0 | 1094 | $2,600 | $2.38 | 8d | 1 | 0.79mi |
| 3089 15th Ave S Saint Petersburg, FL | 3.0 | 2.0 | 1000 | $2,195 | $2.19 | 5d | 1 | 0.81mi |
| 3091 15th Ave S St. Petersburg, FL | 3.0 | 2.0 | 1000 | $2,195 | $2.19 | 25d | 1 | 0.82mi |
| 2044 44th St S Saint Petersburg, FL | 3.0 | 2.0 | 1384 | $2,600 | $1.88 | 23d | 1 | 0.88mi |
| 2900 Freemont Ter S Saint Petersburg, FL | 3.0 | 3.0 | 1376 | $2,560 | $1.86 | 5d | 1 | 0.90mi |
| 4948 5th Ave S Saint Petersburg, FL | 3.0 | 1.5 | 1379 | $2,450 | $1.78 | 5d | 1 | 0.93mi |
| 800 51st St S Gulfport, FL | 3.0 | 2.0 | 1258 | $3,200 | $2.54 | 5d | 1 | 0.93mi |
| 3720 3rd Ave N Unit 1/2 St. Petersburg, FL | 3.0 | 3.0 | 1392 | $3,000 | $2.16 | 25d | 1 | 0.94mi |
| 1361 29th St S Saint Petersburg, FL | 3.0 | 1.0 | 819 | $2,400 | $2.93 | 25d | 1 | 0.95mi |
| 2728 14th Ave S St. Petersburg, FL | 3.0 | 2.0 | 1257 | $2,100 | $1.67 | 8d | 1 | 1.05mi |
| 5156 5th Ave S Saint Petersburg, FL | 3.0 | 1.0 | 1139 | $1,995 | $1.75 | 25d | 1 | 1.06mi |
| 5055 3rd Ave S Saint Petersburg, FL | 3.0 | 2.0 | 1254 | $2,100 | $1.67 | 5d | 1 | 1.07mi |
| 2510 38th St S Saint Petersburg, FL | 3.0 | 1.5 | 1104 | $2,340 | $2.12 | 5d | 1 | 1.08mi |
| 2510 38th St S Saint Petersburg, FL | 3.0 | 1.5 | 1104 | $2,340 | $2.12 | 25d | 1 | 1.08mi |
| 2745 4th Ave S Saint Petersburg, FL | 3.0 | 2.0 | 1235 | $3,200 | $2.59 | 5d | 1 | 1.09mi |
| 3053 2nd Ave N St Petersburg, FL | 4.0 | 2.5 | 1476 | $5,500 | $3.73 | 25d | 1 | 1.11mi |
| 3026 Burlington Ave N Saint Petersburg, FL | 3.0 | 1.0 | 1319 | $2,550 | $1.93 | 12d | 1 | 1.15mi |
Listing history 31 events
-
2026-05-18historical $2,350
-
2026-05-18status Pending
-
2026-05-01price $232,000
-
2026-04-14price $234,500
-
2026-03-09price $238,000
-
2026-02-22price $2,350
-
2026-02-21price $245,000
-
2026-02-14$2,600
-
2026-01-27price $250,000
-
2026-01-02$260,000 Active
-
2025-10-27historical $2,295
-
2025-09-26price $2,295
-
2025-09-23$2,395
-
2025-09-23historical $2,395
-
2025-09-11price $2,395
-
2025-08-29$2,495
-
2024-05-10soldstatus $260,000
-
2024-05-07soldstatus $260,000 Closed 625-char remark
Show marketing remark (625 chars)
INVESTOR ALERT! This 4 Bedroom, 1 Bathroom property presents a fantastic INCOME GENERATING opportunity. A well-maintained property that is generating solid investment returns, with reliable Housing Authority Tenants already in place at $2,995 per month! The home has undergone updates to ensure tenant comfort and satisfaction. Investing in this property means stepping into a turnkey investment opportunity that is already CASH FLOWING. Whether you're an experienced investor or just starting out, this property offers a solid foundation for long-term INCOME GROWTH. Don't miss out on this incredible INVESTMENT opportunity!
-
2024-04-08status Pending 625-char remark
Show marketing remark (625 chars)
INVESTOR ALERT! This 4 Bedroom, 1 Bathroom property presents a fantastic INCOME GENERATING opportunity. A well-maintained property that is generating solid investment returns, with reliable Housing Authority Tenants already in place at $2,995 per month! The home has undergone updates to ensure tenant comfort and satisfaction. Investing in this property means stepping into a turnkey investment opportunity that is already CASH FLOWING. Whether you're an experienced investor or just starting out, this property offers a solid foundation for long-term INCOME GROWTH. Don't miss out on this incredible INVESTMENT opportunity!
-
2024-03-16price $265,000 625-char remark
Show marketing remark (625 chars)
INVESTOR ALERT! This 4 Bedroom, 1 Bathroom property presents a fantastic INCOME GENERATING opportunity. A well-maintained property that is generating solid investment returns, with reliable Housing Authority Tenants already in place at $2,995 per month! The home has undergone updates to ensure tenant comfort and satisfaction. Investing in this property means stepping into a turnkey investment opportunity that is already CASH FLOWING. Whether you're an experienced investor or just starting out, this property offers a solid foundation for long-term INCOME GROWTH. Don't miss out on this incredible INVESTMENT opportunity!
-
2024-02-22$269,000 Active 625-char remark
Show marketing remark (625 chars)
INVESTOR ALERT! This 4 Bedroom, 1 Bathroom property presents a fantastic INCOME GENERATING opportunity. A well-maintained property that is generating solid investment returns, with reliable Housing Authority Tenants already in place at $2,995 per month! The home has undergone updates to ensure tenant comfort and satisfaction. Investing in this property means stepping into a turnkey investment opportunity that is already CASH FLOWING. Whether you're an experienced investor or just starting out, this property offers a solid foundation for long-term INCOME GROWTH. Don't miss out on this incredible INVESTMENT opportunity!
-
2016-12-30soldstatus $32,500 Sold 285-char remark
Show marketing remark (285 chars)
Nice corner oversize lot location. 2 bedroom, 1 bath, possible garage conversion that could be reversed. This house is in need of total rehab, but very solid bones. Foreign seller never occupied this property and doesn't know anything about its condition. Oversize corner lot 77 x 100.
-
2016-12-07status Pending 285-char remark
Show marketing remark (285 chars)
Nice corner oversize lot location. 2 bedroom, 1 bath, possible garage conversion that could be reversed. This house is in need of total rehab, but very solid bones. Foreign seller never occupied this property and doesn't know anything about its condition. Oversize corner lot 77 x 100.
-
2016-11-18status Active 285-char remark
Show marketing remark (285 chars)
Nice corner oversize lot location. 2 bedroom, 1 bath, possible garage conversion that could be reversed. This house is in need of total rehab, but very solid bones. Foreign seller never occupied this property and doesn't know anything about its condition. Oversize corner lot 77 x 100.
-
2016-11-16price $39,000 285-char remark
Show marketing remark (285 chars)
Nice corner oversize lot location. 2 bedroom, 1 bath, possible garage conversion that could be reversed. This house is in need of total rehab, but very solid bones. Foreign seller never occupied this property and doesn't know anything about its condition. Oversize corner lot 77 x 100.
-
2016-09-22historical Active with Contract 285-char remark
Show marketing remark (285 chars)
Nice corner oversize lot location. 2 bedroom, 1 bath, possible garage conversion that could be reversed. This house is in need of total rehab, but very solid bones. Foreign seller never occupied this property and doesn't know anything about its condition. Oversize corner lot 77 x 100.
-
2016-07-02status Active 285-char remark
Show marketing remark (285 chars)
Nice corner oversize lot location. 2 bedroom, 1 bath, possible garage conversion that could be reversed. This house is in need of total rehab, but very solid bones. Foreign seller never occupied this property and doesn't know anything about its condition. Oversize corner lot 77 x 100.
-
2016-06-27historical 285-char remark
Show marketing remark (285 chars)
Nice corner oversize lot location. 2 bedroom, 1 bath, possible garage conversion that could be reversed. This house is in need of total rehab, but very solid bones. Foreign seller never occupied this property and doesn't know anything about its condition. Oversize corner lot 77 x 100.
-
2016-05-24$49,900 Active 285-char remark
Show marketing remark (285 chars)
Nice corner oversize lot location. 2 bedroom, 1 bath, possible garage conversion that could be reversed. This house is in need of total rehab, but very solid bones. Foreign seller never occupied this property and doesn't know anything about its condition. Oversize corner lot 77 x 100.
-
2013-11-21soldstatus $23,000
-
2013-07-22$22,900
ⓘ 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
- $4,663 · $389/mo
- Projected year-2 tax
- $4,663 · $389/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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $31,713
- − Mortgage interest
- −$12,996
- − Property taxes
- −$4,663
- − Insurance
- −$1,160
- − Repairs & maintenance
- −$2,537
- − Management
- −$2,537
- − Depreciation
- −$6,749
- Taxable income
- $1,071
- Est. tax owed @ 24.0%
- −$257
- After-tax cash flow
- $4,374/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
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-89.7% since first listed31 events — show timeline
- 2026-05-18 Rental Removed $2,350 STELLARMLS
- 2026-05-18 Pending — Stellar MLS as Distributed by MLS Grid
- 2026-05-01 Price Changed $232,000 Stellar MLS as Distributed by MLS Grid
- 2026-04-14 Price Changed $234,500 Stellar MLS as Distributed by MLS Grid
- 2026-03-09 Price Changed $238,000 Stellar MLS as Distributed by MLS Grid
- 2026-02-22 Price Changed $2,350 STELLARMLS
- 2026-02-21 Price Changed $245,000 Stellar MLS as Distributed by MLS Grid
- 2026-02-14 Listed for Rent $2,600 STELLARMLS
- 2026-01-27 Price Changed $250,000 Stellar MLS as Distributed by MLS Grid
- 2026-01-02 Listed $260,000 Stellar MLS as Distributed by MLS Grid
- 2025-10-27 Rental Removed $2,295 STELLARMLS
- 2025-09-26 Price Changed $2,295 STELLARMLS
- 2025-09-23 Listed for Rent $2,395 STELLARMLS
- 2025-09-23 Rental Removed $2,395 TENANTTURNER2
- 2025-09-11 Price Changed $2,395 TENANTTURNER2
- 2025-08-29 Listed for Rent $2,495 TENANTTURNER2
- 2024-05-10 Sold (Public Records) $260,000 Public Records
- 2024-05-07 Sold (MLS) $260,000 Stellar MLS as Distributed by MLS Grid
- 2024-04-08 Pending — Stellar MLS as Distributed by MLS Grid
- 2024-03-16 Price Changed $265,000 Stellar MLS as Distributed by MLS Grid
- 2024-02-22 Listed $269,000 Stellar MLS as Distributed by MLS Grid
- 2016-12-30 Sold (MLS) $32,500 Stellar MLS as Distributed by MLS Grid
- 2016-12-07 Pending — Stellar MLS as Distributed by MLS Grid
- 2016-11-18 Relisted — Stellar MLS as Distributed by MLS Grid
- 2016-11-16 Price Changed $39,000 Stellar MLS as Distributed by MLS Grid
- 2016-09-22 Contingent — Stellar MLS as Distributed by MLS Grid
- 2016-07-02 Relisted — Stellar MLS as Distributed by MLS Grid
- 2016-06-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2016-05-24 Listed $49,900 Stellar MLS as Distributed by MLS Grid
- 2013-11-21 Sold (MLS) $23,000 Stellar MLS as Distributed by MLS Grid
- 2013-07-22 Listed $22,900 Stellar MLS as Distributed by MLS Grid
Property tax history
+26.2%/yrLatest (2025): $4,663 · +59.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…