5155 9th Ave N #104 · St. Petersburg, FL 33710

$139,500

2 bd · 2.0 ba · 1,134 sqft · Condo public records · 88 Days on market

Built 1967 $524/mo HOA · 25% 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 +20.8/30.0
• 1% rule +9.9/10.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• Schools +4.3/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this first floor 2-bedroom, 2-bath condo in central St. Petersburg! This condo features over 1,100 square feet with fresh paint throughout the interior and features new laminate flooring in the main living areas. Both bedrooms include generous closet space, and there is also an additional storage closet located just outside the unit. The primary bedroom includes an en-suite bath, adding comfort and convenience. Enjoy the comfort of an enclosed rear porch with air conditioning- an ideal spot for relaxation, working from home, or enertainment. This well-kept community is surrounded by beautiful landscaping and mature trees, creating a peaceful setting. The monthly condo fee covers water, trash, exterior maintenance, and more, making it easy to enjoy a low-maintenance lifestyle. This condo also includes a reserved & covered parking spot, with visitor parking available as well. Ideally located just 15 minutes from Treasure Island and St. Pete Beach, and close to shopping, dining, and vibrant downtown St. Petersburg. Schedule your tour today!

Key facts

• Florida room
• Renovated kitchen
• Closet pantry

Tags

• RENOVATED KITCHEN
• CLOSET PANTRY
• FLORIDA ROOM
• INTERIOR LAUNDRY CLOSET
• RESERVED COVERED PARKING
• EASY ACCESS TO BEACHES

Property features AI

Finance

• Other: Unfurnished unit
• Financial info: Total monthly condo fees $524; total annual fees $6,288; Land lease amount $150
• HOA & community: HOA (Sommer Troub) with monthly condo fee of $524; Association fee includes common area taxes, escrow reserves, insurance, structure and grounds maintenance, sewer, trash and water; Association approval required; Buyer approval required in the community; Pets not allowed

Exterior

• Parking: Assigned covered parking; Guest parking; Carport available
• Utilities: Public water; Public sewer; Cable available; Electricity available
• Home design: Condominium; Residential property; One level; Faces south; Located on floor 1 of the building
• Construction: Block and concrete construction; Other construction materials; Built-up roof; Slab foundation; Building name: DISSTON ARMS BUILDING B; Built in multiple stories (building has 3 stories)
• Exterior features: Rain gutters; Exterior storage; Asphalt / paved road access

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Freezer; Stone countertops; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Tile; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Heat pump; Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Living room / dining room combo; Stone counters; Thermostat; Window treatments; Blinds; Building elevator
• Laundry & utility: Washer and dryer included; Laundry closet; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $140k.

Deal economics

• At list price, monthly cash flow is $191 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $131k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.9% 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: Northwest Elementary School (math 56% / reading 50%, grade C, #963 of 2,144 statewide, top 45%, 477 students, 63% FRL); St. Petersburg High School (math 31% / reading 61%, grade D-, #220 of 667 statewide, top 33%, 1,723 students, 39% FRL) — zoned schools at 51% FRL track the district average.
• Market conditions: Rents soft (-0.5%/yr); 313 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 32% of the median local income ($79k/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 $964 of loan paydown is wiped out by about $4k 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 88 days — a 6% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 $79k; list at $140k implies a 77% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 25% of rent.
• 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 $131,130 (6.0% below list)

Questions for the listing agent

1. It's been on market 88 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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.
8. 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.
9. 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: 1.49% ✓
• Cap rate: 7.94%
• Cash-on-cash: 5.87%
• DSCR: 1.26
• GRM: 5.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -12.0%
• Equity multiple: 0.58×
• Total profit: $-16,219
• Equity at exit: $20,800

10-year hold

• IRR: -10.9%
• Equity multiple: 0.47×
• Total profit: $-20,720
• Equity at exit: $12,061

Cash invested: $39,060 (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 33710

• Rents YoY: -0.5%
• Active inventory: 313
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $2,085 high
• Mortgage (P&I): −$732
• Tax from tax record: −$142 /mo · $1,709/yr
• Insurance: −$58
• HOA: −$524
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $191

Break-even live

Break-even rent $1,843

Max offer price $139,500

Occupancy floor 86%

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: $34,875
• Closing costs: $4,185
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5318 9th Ave N Saint Petersburg, FL	3.0	2.0	1142	$2,600	$2.28	4d	1	0.17mi
630 50th St N Saint Petersburg, FL	2.0	1.0	1085	$2,070	$1.91	24d	1	0.19mi
5330 11th Ave N Saint Petersburg, FL	2.0	1.0	756	$1,800	$2.38	4d	1	0.21mi
4942 Oxford Ave N Saint Petersburg, FL	2.0	1.0	776	$1,700	$2.19	24d	1	0.40mi
5521 5th Ave N Saint Petersburg, FL	2.0	1.0	952	$1,750	$1.84	4d	1	0.42mi
4594 10th Ave N Saint Petersburg, FL	3.0	2.0	1432	$3,100	$2.16	24d	1	0.45mi
430 55th St N Saint Petersburg, FL	2.0	1.5	735	$1,850	$2.52	8d	1	0.46mi
1101 46th St N Saint Petersburg, FL	2.0	1.0	1300	$2,300	$1.77	4d	1	0.47mi
441 57th St N Saint Petersburg, FL	2.0	1.0	1160	$1,950	$1.68	3d	1	0.56mi
4526 6th Ave N Saint Petersburg, FL	2.0	1.0	888	$1,950	$2.20	4d	1	0.56mi
5545 3rd Ave N Saint Petersburg, FL	2.0	1.0	962	$2,400	$2.49	4d	1	0.56mi
5428 Burlington Ave N Saint Petersburg, FL	2.0	1.0	726	$2,150	$2.96	24d	1	0.59mi
5050 2nd Ave N Saint Petersburg, FL	2.0	1.0	816	$1,495	$1.83	4d	1	0.59mi
4227 5th Ave N Saint Petersburg, FL	2.0	1.0	930	$2,100	$2.26	4d	1	0.78mi
4148 11th Ave N Saint Petersburg, FL	2.0	1.0	806	$2,000	$2.48	24d	1	0.80mi
5762 2nd Ave N Saint Petersburg, FL	2.0	1.0	843	$2,000	$2.37	4d	1	0.80mi
5919 4th Ave N Saint Petersburg, FL	2.0	1.0	1053	$2,650	$2.52	4d	1	0.81mi
5034 2nd Ave S Unit A St. Petersburg, FL	2.0	1.0	1062	$1,950	$1.84	4d	1	0.83mi
4136 13th Ave N Saint Petersburg, FL	3.0	2.0	1154	$2,600	$2.25	11d	1	0.85mi
5055 3rd Ave S Saint Petersburg, FL	3.0	2.0	1254	$2,100	$1.67	4d	1	0.86mi
5701 21st Ave N Saint Petersburg, FL	1.0–2.0	1.0	775	$1,899	$2.45	8d	3	0.88mi
5860 22nd Ave N Apt 5 St. Petersburg, FL	2.0	1.0	800	$1,300	$1.62	24d	1	0.93mi
1108 Winchester Rd N St Petersburg, FL	3.0	1.0	1011	$1,800	$1.78	20d	1	0.93mi
1803 42nd Way N Saint Petersburg, FL	2.0	2.0	1421	$4,200	$2.96	24d	1	0.93mi
600 40th St N Saint Petersburg, FL	1.0–3.0	1.0–2.5	1187	$1,598	$1.35	4d	12	0.93mi
5900 22nd Ave N Unit 1 St. Petersburg, FL	3.0	2.0	1100	$1,999	$1.82	18d	1	0.95mi
5900 22nd Ave N Unit 14 St. Petersburg, FL	2.0	1.0	1000	$1,650	$1.65	14d	1	0.95mi
5900 22nd Ave N Saint Petersburg, FL	3.0	1.0	1100	$1,950	$1.77	4d	1	0.95mi
5156 5th Ave S Saint Petersburg, FL	3.0	1.0	1139	$1,995	$1.75	24d	1	1.02mi
3901 5th Ave N Unit 3901 5th D St. Petersburg, FL	2.0	1.0	825	$1,595	$1.93	8d	1	1.02mi
4948 5th Ave S Saint Petersburg, FL	3.0	1.5	1379	$2,450	$1.78	4d	1	1.03mi
2176 Winchester Rd N #2 Saint Petersburg, FL	3.0	2.0	1080	$2,250	$2.08	15d	1	1.04mi
450 47th St S Saint Petersburg, FL	3.0	1.0	960	$2,950	$3.07	4d	1	1.05mi
4218 24th Ave N Saint Petersburg, FL	2.0	1.0	1121	$1,925	$1.72	4d	1	1.10mi
6080 22nd Ave N #3 Saint Petersburg, FL	2.0	2.0	900	$1,825	$2.03	4d	1	1.14mi
6080 22nd Ave N #3 Saint Petersburg, FL	2.0	2.0	890	$1,825	$2.05	24d	1	1.14mi
6080 22nd Ave N #5 Saint Petersburg, FL	2.0	2.0	890	$1,725	$1.94	24d	1	1.14mi
3938 2nd Ave N Saint Petersburg, FL	2.0	1.0	1000	$2,495	$2.50	4d	1	1.14mi
2819 53rd St N Saint Petersburg, FL	2.0	1.0	900	$1,995	$2.22	4d	1	1.14mi
3700 9th Ave N Saint Petersburg, FL	1.0–2.0	1.0–2.0	755	$2,025	$2.68	2d	3	1.16mi

HOA detail condo

• Monthly dues: $524 · $6,288/yr
• Likely covers: watertrashlandscapingexterior maint.
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 13 events

1. 2026-06-09
   days on market $139,500 Active 88 DOM
2. 2026-06-08
   days on market $139,500 Active 87 DOM
3. 2026-06-07
   days on market $139,500 Active 86 DOM
4. 2026-06-04
   days on market $139,500 Active 83 DOM
5. 2026-06-03
   days on market $139,500 Active 82 DOM
6. 2026-06-01
   days on market $139,500 Active 80 DOM
7. 2026-05-31
   days on market $139,500 Active 79 DOM
8. 2026-03-13
   listed $139,500 Active
9. 2025-12-16
   soldstatus $79,000
10. 2025-12-08
    soldstatus $79,000 Closed 1070-char remark

    Show marketing remark (1070 chars)

    Welcome to this first floor 2-bedroom, 2-bath condo in central St. Petersburg! This condo features over 1,100 square feet with fresh paint throughout the interior and features new laminate flooring in the main living areas. Both bedrooms include generous closet space, and there is also an additional storage closet located just outside the unit. The primary bedroom includes an en-suite bath, adding comfort and convenience. Enjoy the comfort of an enclosed rear porch with air conditioning- an ideal spot for relaxation, working from home, or enertainment. This well-kept community is surrounded by beautiful landscaping and mature trees, creating a peaceful setting. The monthly condo fee covers water, trash, exterior maintenance, and more, making it easy to enjoy a low-maintenance lifestyle. This condo also includes a reserved & covered parking spot, with visitor parking available as well. Ideally located just 15 minutes from Treasure Island and St. Pete Beach, and close to shopping, dining, and vibrant downtown St. Petersburg. Schedule your tour today!

11. 2025-11-11
    status Pending 1070-char remark

    Show marketing remark (1070 chars)

    Welcome to this first floor 2-bedroom, 2-bath condo in central St. Petersburg! This condo features over 1,100 square feet with fresh paint throughout the interior and features new laminate flooring in the main living areas. Both bedrooms include generous closet space, and there is also an additional storage closet located just outside the unit. The primary bedroom includes an en-suite bath, adding comfort and convenience. Enjoy the comfort of an enclosed rear porch with air conditioning- an ideal spot for relaxation, working from home, or enertainment. This well-kept community is surrounded by beautiful landscaping and mature trees, creating a peaceful setting. The monthly condo fee covers water, trash, exterior maintenance, and more, making it easy to enjoy a low-maintenance lifestyle. This condo also includes a reserved & covered parking spot, with visitor parking available as well. Ideally located just 15 minutes from Treasure Island and St. Pete Beach, and close to shopping, dining, and vibrant downtown St. Petersburg. Schedule your tour today!

12. 2025-10-08
    listed $99,000 Active 1070-char remark

    Show marketing remark (1070 chars)

    Welcome to this first floor 2-bedroom, 2-bath condo in central St. Petersburg! This condo features over 1,100 square feet with fresh paint throughout the interior and features new laminate flooring in the main living areas. Both bedrooms include generous closet space, and there is also an additional storage closet located just outside the unit. The primary bedroom includes an en-suite bath, adding comfort and convenience. Enjoy the comfort of an enclosed rear porch with air conditioning- an ideal spot for relaxation, working from home, or enertainment. This well-kept community is surrounded by beautiful landscaping and mature trees, creating a peaceful setting. The monthly condo fee covers water, trash, exterior maintenance, and more, making it easy to enjoy a low-maintenance lifestyle. This condo also includes a reserved & covered parking spot, with visitor parking available as well. Ideally located just 15 minutes from Treasure Island and St. Pete Beach, and close to shopping, dining, and vibrant downtown St. Petersburg. Schedule your tour today!

13. 1999-07-02
    soldstatus $34,000

ⓘ 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: $1,709 · $142/mo
• Projected year-2 tax: $1,709 · $142/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: $25,018
• − Mortgage interest: −$7,814
• − Property taxes: −$1,709
• − Insurance: −$698
• − Repairs & maintenance: −$2,001
• − Management: −$2,001
• − HOA: −$6,288
• − Depreciation: −$4,058
• Taxable income: $449
• Est. tax owed @ 24.0%: −$108
• After-tax cash flow: $2,184/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): 33,796
• Household income: $78,611
• Rent vs Own: 18.1% rent · 81.9% own
• Severe rent burden: 542.0

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 (77%)
• Race & ethnicity: White 77% Two or more races 10% Hispanic / Latino 9% Asian 5% Black 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 2%
• Common ancestry: Lithuanian 3% Romanian 3% Slovak 2%
• Foreign-born: 12% · Canada, Vietnam, China
• Languages at home: 85% English-only · Spanish 7% Other Indo-European 2% Russian/Polish/Slavic 2%

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: ▼ -547.31%
• Current HPI: 405.0731
• Rent YoY: ▼ -0.48%
• 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

+310.3% since first listed

6 events — show timeline

• 2026-03-13 Listed $139,500 Stellar MLS as Distributed by MLS Grid
• 2025-12-16 Sold (Public Records) $79,000 Public Records
• 2025-12-08 Sold (MLS) $79,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-08 Listed $99,000 Stellar MLS as Distributed by MLS Grid
• 1999-07-02 Sold (Public Records) $34,000 Public Records

Property tax history

+9.9%/yr

Latest (2025): $1,709 · +6.5% YoY. Source: county tax records.