CashFlowRE
Sign in Sign up
5853 39th St N
B Composite 70.36
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +4.3/10.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.0/5.0
  • Appreciation +0.0/10.0

$134,900

5853 39th St N · Lealman, FL 33714
3 bd · 1.0 ba · 1,452 sqft · SingleFamily public records · 1 Days on market
Built 1971 5,502 sqft lot ↓ 39% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

Key facts

  • 5,502 sq ft lot
  • Pool
  • Built 1971

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

  • At list price, monthly cash flow is $846 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $135k).
  • Cap rate 13.8% vs local median 4.7% in Lealman — 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 81/100 on livability (#83 in FL, #1,394 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, schools F, employment F.
  • 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 soft (-2.1%/yr); 165 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
  • At $2,418/mo this rent would consume 61% of the median local household income ($47k/yr) (locally 915% 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 $933 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.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $38k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
  • 5 sale attempts since 7y 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: property tax is 2.7% of price.
  • 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 $134,900

Questions for the listing agent

  1. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  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
1.79%
Cap rate
13.82%
Cash-on-cash
26.88%
DSCR
2.20
GRM
4.6

CMA / ARV

ARV (on-the-fly)
$380,424
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5755 43rd St N 0.37mi 3/2.0 1,468 (+1%) 2mo $382,000 $260 75
4005 51st Ave N 0.56mi 3/2.0 1,428 (-2%) 3mo $360,000 $252 64
4036 56th Ave N 0.31mi 3/2.0 1,590 (+10%) 6mo $417,000 $262 61
3641 50th Ave N 0.63mi 3/2.0 1,477 (+2%) 6mo $534,000 $362 59
3921 55th Ave N 0.29mi 3/2.0 1,328 (-8%) 16mo $355,000 $267 55
4160 58th Ave N 0.29mi 3/2.0 1,648 (+14%) 6mo $371,000 $225 55
4141 68th Ave N 0.59mi 3/1.0 1,620 (+12%) 6mo $325,000 $201 49
4200 56th Ave N 0.35mi 3/2.0 1,251 (-14%) 14mo $380,000 $304 45
3431 52nd Ave N 0.59mi 3/2.0 1,620 (+12%) 6mo $360,000 $222 45
4373 68th Ave N 0.69mi 3/2.0 1,328 (-8%) 9mo $355,000 $267 42
4547 54th Ave N 0.66mi 2/2.0 (-1) 1,272 (-12%) 10mo $325,000 $256 32
6821 44th St N 0.70mi 3/2.0 1,259 (-13%) 18mo $417,000 $331 26

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
17.1%
Equity multiple
1.66×
Total profit
$25,067
Equity at exit
$20,114
10-year hold
IRR
23.2%
Equity multiple
2.70×
Total profit
$64,320
Equity at exit
$11,664

Cash invested: $37,772 (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.

ZIP-level market 33714

Home prices YoY
-30.9%
Rents YoY
-2.1%
Active inventory
165
Price-to-rent
4.6×

Monthly cashflow live

Estimated rent
$2,418 high interval (Pro) →
Mortgage (P&I)
$707
Tax from tax record
$300 /mo · $3,601/yr
Insurance
$56
HOA
$0
Vacancy / Maint / Mgmt
$508
Net cashflow
$846

Break-even live

Break-even rent $1,347
Max offer price $134,900
Occupancy floor 60%

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
$33,725
Closing costs
$4,047
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 27 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3725 57th Ave N Saint Petersburg, FL 3.0 2.0 1800 $3,200 $1.78 4d 1 0.16mi
4091 58th Ave N Unit F St. Petersburg, FL 2.0 1.0 900 $1,595 $1.77 3d 1 0.23mi
3584 54th Ave N Saint Petersburg, FL 3.0 1.0 1012 $1,950 $1.93 4d 1 0.43mi
3132 56th Ave N Saint Petersburg, FL 3.0 2.0 1063 $2,850 $2.68 24d 1 0.63mi
3600 49th Ave N Saint Petersburg, FL 1.0–2.0 1.0 680 $1,600 $2.35 3d 8 0.72mi
5246 Neil Dr Saint Petersburg, FL 3.0 3.0 1713 $3,450 $2.01 21d 1 0.79mi
4057 71st Ter N Pinellas Park, FL 3.0 2.5 1420 $2,650 $1.87 4d 1 0.80mi
4627 67th Ave N Pinellas Park, FL 3.0 2.5 1610 $2,500 $1.55 24d 1 0.81mi
6379 29th St N Saint Petersburg, FL 3.0 2.0 1323 $2,869 $2.17 24d 1 0.88mi
4732 68th Ave N Pinellas Park, FL 2.0 3.0 1210 $2,000 $1.65 24d 1 0.91mi
4631 69th Pl N Pinellas Park, FL 3.0 2.5 1420 $2,595 $1.83 24d 1 0.91mi
6898 47th Ln N Pinellas Park, FL 3.0 2.5 1500 $2,525 $1.68 24d 1 0.97mi
2715 63rd Ter N Unit B St. Petersburg, FL 2.0 2.0 1030 $1,900 $1.84 24d 1 1.02mi
7050 48th St N Pinellas Park, FL 3.0 1.5 1008 $2,350 $2.33 24d 1 1.06mi
2600 52nd Ave N Unit A St. Petersburg, FL 2.0 2.0 1018 $2,225 $2.19 2d 1 1.14mi
2275 62nd Ave N #203 St Petersburg, FL 2.0 2.0 940 $1,975 $2.10 24d 1 1.26mi
3735 39th Ave N Saint Petersburg, FL 2.0 1.0 1291 $2,200 $1.70 4d 1 1.26mi
4129 32nd St N Unit B St. Petersburg, FL 3.0 1.0 1000 $2,150 $2.15 24d 1 1.27mi
5384 56th Ave N Saint Petersburg, FL 3.0 2.0 1568 $3,400 $2.17 24d 1 1.29mi
5345 60th Ave N Saint Petersburg, FL 3.0 2.5 1740 $2,400 $1.38 7d 1 1.30mi
3910 44th St N Unit C9 Saint Petersburg, FL 2.0 1.0 965 $1,395 $1.45 14d 1 1.34mi
5261 48th Ter N Saint Petersburg, FL 3.0 2.0 1283 $2,400 $1.87 10d 1 1.36mi
5038 54th Way N Saint Petersburg, FL 3.0 2.0 1366 $2,500 $1.83 24d 1 1.43mi
5511 65th Ter N Pinellas Park, FL 3.0 2.0 1212 $2,466 $2.03 14d 1 1.44mi
5290 48th Ave N Saint Petersburg, FL 3.0 1.0 1320 $2,415 $1.83 4d 1 1.44mi
4220 37th Ave N Saint Petersburg, FL 3.0 1.0 1245 $2,250 $1.81 17d 1 1.46mi
4771 78th Ave N Pinellas Park, FL 2.0 2.0 903 $1,640 $1.82 23d 1 1.48mi

Listing history 19 events

  1. 2026-04-14
    status Pending
  2. 2026-04-13
    listed $134,900 Active
  3. 2025-09-18
    status Pending
  4. 2025-09-16
    historical
  5. 2025-08-12
    price $250,000
  6. 2025-07-23
    price $265,000
  7. 2025-06-12
    listed $275,000 Active
  8. 2019-10-31
    soldstatus $185,000
  9. 2019-10-18
    soldstatus $185,000 Sold 1061-char remark
    Show marketing remark (1061 chars)

    St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

  10. 2019-08-27
    status Pending 1061-char remark
    Show marketing remark (1061 chars)

    St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

  11. 2019-08-05
    price $185,000 1061-char remark
    Show marketing remark (1061 chars)

    St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

  12. 2019-07-08
    status Active 1061-char remark
    Show marketing remark (1061 chars)

    St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

  13. 2019-07-02
    status Pending 1061-char remark
    Show marketing remark (1061 chars)

    St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

  14. 2019-06-13
    status Active 1061-char remark
    Show marketing remark (1061 chars)

    St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

  15. 2019-06-06
    status Pending 1061-char remark
    Show marketing remark (1061 chars)

    St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

  16. 2019-05-25
    price $192,000 1061-char remark
    Show marketing remark (1061 chars)

    St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

  17. 2019-04-30
    price $199,000 1061-char remark
    Show marketing remark (1061 chars)

    St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

  18. 2019-03-22
    price $212,000 1061-char remark
    Show marketing remark (1061 chars)

    St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

  19. 2019-03-08
    listed $219,900 Active 1061-char remark
    Show marketing remark (1061 chars)

    St. Pete with a POOL! Solid block home. .. Metal roof. .. . Key West Vibe! This generously sized (1450+ SF!) 'rare' POOL HOME is located on the end of a quiet cul de sac. For those with an eye for tropical flora, you'll notice exotic and specialty plants and palms throughout the yard along with a greenhouse and pergola along the south side. To the rear, your own oasis awaits with large in ground pool surrounded by more varieties of palms and plants. Inside you'll find generous living spaces and tile flooring throughout. A beautiful, stone faced wood burning fireplace in the living room and pass through to the kitchen. Eating space in kitchen and family room on the opposite side. 3 nice sized bedrooms and full bath. This home is perfect for those looking for the convenience of having quick access to major highways and shopping centers but also looking for the peace and serenity that this homes location offers. No flood insurance required and trash collection is included in taxes. Come take a look and see how you can make this home uniquely yours.

ⓘ 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
$3,601 · $300/mo
Projected year-2 tax
$3,601 · $300/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 ≥107°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
$29,012
− Mortgage interest
−$7,556
− Property taxes
−$3,601
− Insurance
−$674
− Repairs & maintenance
−$2,321
− Management
−$2,321
− Depreciation
−$3,924
Taxable income
$8,613
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,067
After-tax cash flow
$8,087/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 — Lealman

Score
81/100
State rank
#83
US rank
#1394

Category grades

Amenities C+ Commute A+ Cost of living A+ Crime D+ Employment F Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lealman, FL
County
Pinellas County · 939,478 people
City population
20,103
Metro
Tampa-St. Petersburg-Clearwater, FL
Population (ZIP)
19,227
Household income
$47,487
Rent vs Own
35.8% rent · 64.2% own
Severe rent burden
915.0

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 0.55)
Race & ethnicity
White 64% Hispanic / Latino 13% Two or more races 12% Black 10% Asian 6%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2% Cuban 6% Dominican 1%
Common ancestry
Slovak 2% Italian 2% Romanian 2%
Foreign-born
16% · Canada, Vietnam
Languages at home
79% English-only · Spanish 11% Russian/Polish/Slavic 4% Vietnamese 3%

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
▼ -179.12%
Current HPI
399.6253
Rent YoY
▼ -2.08%
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

Price history

-38.7% since first listed
19 events — show timeline
  • 2026-04-14 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-04-13 Listed $134,900 Stellar MLS as Distributed by MLS Grid
  • 2025-09-18 Pending Stellar MLS as Distributed by MLS Grid
  • 2025-09-16 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2025-08-12 Price Changed $250,000 Stellar MLS as Distributed by MLS Grid
  • 2025-07-23 Price Changed $265,000 Stellar MLS as Distributed by MLS Grid
  • 2025-06-12 Listed $275,000 Stellar MLS as Distributed by MLS Grid
  • 2019-10-31 Sold (Public Records) $185,000 Public Records
  • 2019-10-18 Sold (MLS) $185,000 Stellar MLS as Distributed by MLS Grid
  • 2019-08-27 Pending Stellar MLS as Distributed by MLS Grid
  • 2019-08-05 Price Changed $185,000 Stellar MLS as Distributed by MLS Grid
  • 2019-07-08 Relisted Stellar MLS as Distributed by MLS Grid
  • 2019-07-02 Pending Stellar MLS as Distributed by MLS Grid
  • 2019-06-13 Relisted Stellar MLS as Distributed by MLS Grid
  • 2019-06-06 Pending Stellar MLS as Distributed by MLS Grid
  • 2019-05-25 Price Changed $192,000 Stellar MLS as Distributed by MLS Grid
  • 2019-04-30 Price Changed $199,000 Stellar MLS as Distributed by MLS Grid
  • 2019-03-22 Price Changed $212,000 Stellar MLS as Distributed by MLS Grid
  • 2019-03-08 Listed $219,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+5.7%/yr

Latest (2025): $3,601 · +6.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…