5316 Venetian Blvd NE · St. Petersburg, FL 33703

$425,000

4 bd · 3.0 ba · 2,114 sqft · SingleFamily public records · 24 Days on market

Built 1960 0.29 ac lot Est $598k · 29% under

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Why this score? — see what drove the B- 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 +25.0/30.0
• ARV discount +15.0/15.0
• DSCR +8.2/10.0
• 1% rule +5.4/10.0
• Schools +4.3/10.0
• Rent growth +3.1/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful block construction home in Shore Acres is completely updated and has a wonderful layout for all buyers. Come see it, and you can expect to fall in love. Newer leaded glass French doors on the front entry and plantation shutters at every window have a luxury perspective. Stainless appliances, granite counters, custom cabinetry with wonderful pull out pantries enhance the open kitchen (2008). All three bathrooms are very attractive and modernized with style (2012). Showers have newer tumbled tile and double vanities in both Suites. Master suite opens to the Pool and Patio area via French Doors and the yard is very private and fenced. This large lot (94 x 135) affords an oasis backyard with grassy play area, pool that is deep and resurfaced (2004), beautiful spacious paver pool deck (2011), and last but not least, a Tiki Hut with Fridge and bar. You will feel like it's a vacation every time you come home to this beautiful oasis. A second driveway provides access to the boat storage on the wide lot. Boat or RV is easily stored behind the double vinyl gate on side of house. New Roof was installed on original structure in 2008; Addition was completed in 2004. Addition included a beautifully appointed Laundry and Utility room with cabinetry for storage, crafts and plenty of counter/ work space.

Key facts

• Permit-ready plans
• In-ground pool
• 0.29 acre lot

Tags

• IN-GROUND POOL
• PERMIT-READY PLANS

Property features AI

Finance

• Other: Lot about 0.29 acres (approx. 94 x 135); Property listed as residential single-family; Other structures present; Property identified as a fixer-upper
• Financial info: Tax information not included per instructions
• HOA & community: No HOA; Pets allowed

Exterior

• Parking: Attached garage (1 car)
• Security: No security features listed
• Utilities: Public water; Public sewer; Electricity available
• Home design: Single-family residence; One story; Faces east; Fixer condition; Homestead exempt
• Construction: Block construction; Shingle roof; Slab foundation; Built area approximately 2,114 (public records)
• Exterior features: Private gunite in-ground pool; Mature landscaping; Paved roads

Interior

• Kitchen: No appliances listed
• Bedrooms: 4 bedrooms
• Flooring: Ceramic tile; Tile
• Bathrooms: 3 full bathrooms
• Heating & cooling: No heating specified; No cooling specified
• Interior features: No interior features specified
• Laundry & utility: No laundry features

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $425k.

Deal economics

• At list price, monthly cash flow is $500 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $425k).
• Recommended offer: $419k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.9% 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 B — 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 rising (+2.2%/yr); 451 active listings in the ZIP; 15 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).
• At $4,411/mo this rent would consume 56% of the median local household income ($95k/yr) (locally 509% 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 $3k of loan paydown is wiped out by about $13k 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 24 days — a 2% lower offer ($419k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 12y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $418,625 (1.5% below list)

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.04% ✓
• Cap rate: 8.91%
• Cash-on-cash: 9.34%
• DSCR: 1.42
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $598,262
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5700 Venetian Blvd NE	0.20mi	4/3.0	2,171 (+3%)	2mo	$539,000	$248	85
5254 Venetian Blvd NE	0.10mi	4/3.0	1,861 (-12%)	4mo	$360,000	$193	72
1924 62nd Ave NE	0.56mi	4/3.0	2,080 (-2%)	0mo	$245,000	$118	71
5201 Denver St NE	0.20mi	4/3.0	1,880 (-11%)	4mo	$540,000	$287	69
1870 Nebraska Ave NE	0.36mi	4/2.0	2,000 (-5%)	2mo	$539,000	$270	69
5213 Venetian Blvd NE	0.15mi	3/2.0 (-1)	1,944 (-8%)	3mo	$635,000	$327	68
1942 New Hampshire Ave NE	0.47mi	3/2.0 (-1)	2,117 (+0%)	2mo	$600,000	$283	67
1810 Maryland Ave NE	0.55mi	4/3.0	2,011 (-5%)	2mo	$395,000	$196	64
4824 Huntington St NE	0.46mi	4/2.0	2,338 (+11%)	1mo	$249,000	$107	56
1481 49th Ave NE	0.36mi	4/2.0	1,798 (-15%)	2mo	$1,200,000	$667	52
2001 Massachusetts Ave NE	0.71mi	4/3.0	2,266 (+7%)	4mo	$1,400,000	$618	52
1144 Darlington Oak Dr NE	0.70mi	4/3.0	2,346 (+11%)	2mo	$1,085,000	$462	47

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 · 2.21% rent growth · sell at horizon

5-year hold

• IRR: -9.3%
• Equity multiple: 0.66×
• Total profit: $-40,420
• Equity at exit: $63,369

10-year hold

• IRR: -1.0%
• Equity multiple: 0.93×
• Total profit: $-7,869
• Equity at exit: $36,746

Cash invested: $119,000 (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 33703

• Rents YoY: 2.2%
• Active inventory: 451
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $4,411 high
• Mortgage (P&I): −$2,229
• Tax from tax record: −$152 /mo · $1,826/yr
• Insurance: −$177
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$926
• Net cashflow: $500

Break-even live

Break-even rent $3,778

Max offer price $425,000

Occupancy floor 84%

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: $106,250
• Closing costs: $12,750
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5273 Denver St NE Saint Petersburg, FL	4.0	2.0	2262	$3,875	$1.71	24d	1	0.11mi
5541 Bayou Grande Blvd NE Saint Petersburg, FL	3.0	2.0	1532	$5,000	$3.26	2d	1	0.15mi
5541 Bayou Grande Blvd NE Saint Petersburg, FL	3.0	2.0	1532	$5,000	$3.26	4d	1	0.15mi
1739 Bayou Grande Blvd NE St Petersburg, FL	3.0	2.0	1658	$5,500	$3.32	4d	1	0.22mi
5840 Tanglewood Dr NE Saint Petersburg, FL	4.0	3.0	1680	$3,150	$1.88	4d	1	0.26mi
6016 18th St NE Saint Petersburg, FL	4.0	2.0	1692	$3,900	$2.30	4d	1	0.38mi
6060 Denver St NE Saint Petersburg, FL	3.0	2.0	1523	$3,950	$2.59	4d	1	0.39mi
1935 Shore Acres Blvd NE St Petersburg, FL	4.0	3.5	2926	$8,500	$2.90	24d	1	0.49mi
1640 Cape Hope Ave NE #4 Saint Petersburg, FL	4.0	3.0	1610	$3,400	$2.11	24d	1	0.79mi
4036 Overlook Dr NE Saint Petersburg, FL	3.0	2.0	1412	$2,645	$1.87	14d	1	0.97mi
525 Moreno Cir NE Saint Petersburg, FL	3.0	2.0	1587	$3,500	$2.21	15d	1	1.15mi
742 45th Ave NE Saint Petersburg, FL	3.0	3.0	1900	$5,200	$2.74	4d	1	1.19mi
3435 Overlook Dr NE Saint Petersburg, FL	3.0	2.5	1428	$3,800	$2.66	4d	1	1.25mi
1325 Snell Isle Blvd NE #507 Saint Petersburg, FL	3.0	3.0	1940	$6,700	$3.45	4d	1	1.44mi
541 40th Ave NE Saint Petersburg, FL	3.0	1.0	1630	$3,000	$1.84	24d	1	1.47mi

Listing history 19 events

1. 2026-06-18
   days on market $425,000 Active 24 DOM
2. 2026-06-17
   days on market $425,000 Active 23 DOM
3. 2026-06-16
   days on market $425,000 Active 22 DOM
4. 2026-06-15
   days on market $425,000 Active 21 DOM
5. 2026-06-13
   days on market $425,000 Active 19 DOM
6. 2026-06-09
   days on market $425,000 Active 15 DOM
7. 2026-06-08
   days on market $425,000 Active 14 DOM
8. 2026-06-07
   days on market $425,000 Active 13 DOM
9. 2026-06-04
   days on market $425,000 Active 10 DOM
10. 2026-06-03
    days on market $425,000 Active 9 DOM
11. 2026-06-02
    days on market $425,000 Active 8 DOM
12. 2026-06-01
    days on market $425,000 Active 7 DOM
13. 2026-05-31
    days on market $425,000 Active 6 DOM
14. 2026-05-25
    listed $425,000 Active
15. 2014-04-22
    soldstatus $389,000
16. 2014-04-18
    soldstatus $389,000 1318-char remark

    Show marketing remark (1318 chars)

    Beautiful block construction home in Shore Acres is completely updated and has a wonderful layout for all buyers. Come see it, and you can expect to fall in love. Newer leaded glass French doors on the front entry and plantation shutters at every window have a luxury perspective. Stainless appliances, granite counters, custom cabinetry with wonderful pull out pantries enhance the open kitchen (2008). All three bathrooms are very attractive and modernized with style (2012). Showers have newer tumbled tile and double vanities in both Suites. Master suite opens to the Pool and Patio area via French Doors and the yard is very private and fenced. This large lot (94 x 135) affords an oasis backyard with grassy play area, pool that is deep and resurfaced (2004), beautiful spacious paver pool deck (2011), and last but not least, a Tiki Hut with Fridge and bar. You will feel like it's a vacation every time you come home to this beautiful oasis. A second driveway provides access to the boat storage on the wide lot. Boat or RV is easily stored behind the double vinyl gate on side of house. New Roof was installed on original structure in 2008; Addition was completed in 2004. Addition included a beautifully appointed Laundry and Utility room with cabinetry for storage, crafts and plenty of counter/ work space.

17. 2014-01-29
    listed $389,000 1318-char remark

    Show marketing remark (1318 chars)

    Beautiful block construction home in Shore Acres is completely updated and has a wonderful layout for all buyers. Come see it, and you can expect to fall in love. Newer leaded glass French doors on the front entry and plantation shutters at every window have a luxury perspective. Stainless appliances, granite counters, custom cabinetry with wonderful pull out pantries enhance the open kitchen (2008). All three bathrooms are very attractive and modernized with style (2012). Showers have newer tumbled tile and double vanities in both Suites. Master suite opens to the Pool and Patio area via French Doors and the yard is very private and fenced. This large lot (94 x 135) affords an oasis backyard with grassy play area, pool that is deep and resurfaced (2004), beautiful spacious paver pool deck (2011), and last but not least, a Tiki Hut with Fridge and bar. You will feel like it's a vacation every time you come home to this beautiful oasis. A second driveway provides access to the boat storage on the wide lot. Boat or RV is easily stored behind the double vinyl gate on side of house. New Roof was installed on original structure in 2008; Addition was completed in 2004. Addition included a beautifully appointed Laundry and Utility room with cabinetry for storage, crafts and plenty of counter/ work space.

18. 1999-06-01
    soldstatus $123,000
19. 1997-04-29
    soldstatus $60,000

ⓘ 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: $1,826 · $152/mo
• Projected year-2 tax: $3,528 · $294/mo
• Expected delta: +$1,701/yr (+$142/mo · 93.1%)

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

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $52,927
• − Mortgage interest: −$23,807
• − Property taxes: −$1,826
• − Insurance: −$7,244
• − Repairs & maintenance: −$4,234
• − Management: −$4,234
• − Depreciation: −$12,364
• Taxable loss: −$782
• Est. tax savings @ 24.0%: +$188
• After-tax cash flow: $6,185/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): 25,264
• Household income: $95,224
• Rent vs Own: 19.1% rent · 80.9% own
• Severe rent burden: 509.0

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 (76%)
• Race & ethnicity: White 76% Hispanic / Latino 10% Two or more races 10% Black 5% Asian 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 2%
• Common ancestry: Lithuanian 4% Romanian 3% Italian 2%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 87% English-only · Spanish 6% Russian/Polish/Slavic 2% 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: ▼ -617.95%
• Current HPI: 352.2886
• Rent YoY: ▲ 2.21%
• 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

+608.3% since first listed

6 events — show timeline

• 2026-05-25 Listed $425,000 Stellar MLS as Distributed by MLS Grid
• 2014-04-22 Sold (Public Records) $389,000 Public Records
• 2014-04-18 Sold (MLS) $389,000 Stellar MLS as Distributed by MLS Grid
• 2014-01-29 Listed $389,000 Stellar MLS as Distributed by MLS Grid
• 1999-06-01 Sold (Public Records) $123,000 Public Records
• 1997-04-29 Sold (Public Records) $60,000 Public Records

Property tax history

-5.9%/yr

Latest (2025): $1,826 · -33.9% YoY. Source: county tax records.