2007 43rd St S · St. Petersburg, FL 33711

$179,000

2 bd · 1.0 ba · 528 sqft · SingleFamily public records · 92 Days on market

Built 1926 6,251 sqft lot

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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 +20.3/30.0
• ARV discount +7.5/15.0
• DSCR +6.5/10.0
• 1% rule +4.6/10.0
• 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

Listing remarks MLS

All Info. believed to be correct-buyer to confirm all details important to buying decision- property sold as is with right to inspect. No utilities to be on for inspection.

Key facts

• 6,251 sq ft lot
• Built 1926
• Listed 92 days

Property features AI

Finance

• Other: Unfurnished; No lease restrictions indicated

Exterior

• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Single family residence; Residential property; One story; Faces West; Entry on one level
• Construction: Frame construction; Metal and shingle roof; Crawlspace foundation; Built on a 0.14 acre lot
• Exterior features: Awning(s); Sidewalk

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Wood floors
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Wall/Window air conditioning units
• Interior features: Open floorplan; 5 total rooms
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry room inside the home

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $179k.

Deal economics

• At list price, monthly cash flow is $230 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $172k (3.9% below list).
• Recommended offer: $163k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.8% vs local median 2.6% in St. Petersburg — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Pinellas (suburban): math 51% / reading 51% proficiency, ranked #31 of 73 in FL (top 42%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-1.5%/yr); 261 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 31% of the median local income ($67k/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 $1k of loan paydown is wiped out by about $5k 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 92 days — a 9% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 22y ago; this cycle's ask has dropped $56k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $28k; list at $179k implies a 551% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1926 — 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.

Recommended offer $162,890 (9.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1926 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. 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: 0.96% ✗
• Cap rate: 7.84%
• Cash-on-cash: 5.52%
• DSCR: 1.25
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $118,800
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1734 Newark St S	0.30mi	1/1.0 (-1)	579 (+10%)	2mo	$130,000	$225	63
4119 12th Ave S	0.60mi	1/1.0 (-1)	500 (-5%)	14mo	$140,000	$280	47
3734 27th Ave S	0.61mi	1/1.0 (-1)	576 (+9%)	6mo	$113,190	$197	46
4512 10th Ave S	0.71mi	1/1.0 (-1)	576 (+9%)	9mo	$125,000	$217	39

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: -11.0%
• Equity multiple: 0.61×
• Total profit: $-19,408
• Equity at exit: $26,689

10-year hold

• IRR: -6.3%
• Equity multiple: 0.65×
• Total profit: $-17,643
• Equity at exit: $15,477

Cash invested: $50,120 (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 33711

• Rents YoY: -1.5%
• Active inventory: 261
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,720 high
• Mortgage (P&I): −$939
• Tax from tax record: −$115 /mo · $1,379/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$361
• Net cashflow: $230

Break-even live

Break-even rent $1,428

Max offer price $179,000

Occupancy floor 82%

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: $44,750
• Closing costs: $5,370
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1727 45th St S Unit B St. Petersburg, FL	1.0	1.0	600	$1,150	$1.92	8d	1	0.31mi
3774 Abington Ave S Unit A St. Petersburg, FL	2.0	1.0	710	$1,400	$1.97	12d	1	0.61mi
4619 13th Ave S Unit 2 St. Petersburg, FL	1.0	1.0	450	$1,095	$2.43	8d	1	0.61mi
4619 13th Ave S Saint Petersburg, FL	1.0	1.0	450	$1,095	$2.43	4d	1	0.61mi
1147 40th St S St. Petersburg, FL	1.0	1.0	440	$1,100	$2.50	24d	1	0.61mi
4545 12th Ave S Saint Petersburg, FL	2.0	1.0	660	$2,000	$3.03	4d	1	0.64mi
3936 9th Ave S Saint Petersburg, FL	2.0	1.0	696	$1,895	$2.72	8d	1	0.78mi
2524 52nd St S Unit 2 Gulfport, FL	1.0	1.0	575	$1,595	$2.77	18d	1	0.84mi
1720 53rd St S Gulfport, FL	1.0	1.0	728	$1,800	$2.47	4d	1	0.88mi
1720 53rd St S Unit 1720 Gulfport, FL	1.0	1.0	723	$1,800	$2.49	18d	1	0.88mi
5219 17th Ave S Unit 5219 Gulfport, FL	1.0	1.0	600	$1,400	$2.33	22d	1	0.88mi
3017 49th St S Gulfport, FL	1.0	1.0	600	$1,350	$2.25	24d	1	0.89mi
3017 49th St S Gulfport, FL	2.0	1.0	632	$1,650	$2.61	2d	1	0.89mi
3017 49th St S Unit 12 Gulfport, FL	2.0	1.0	750	$1,600	$2.13	2d	1	0.89mi
3357 38th St S Unit C Saint Petersburg, FL	1.0	1.0	735	$1,795	$2.44	24d	1	0.93mi
1901 31st St S Unit 1/2 St. Petersburg, FL	2.0	1.0	721	$1,950	$2.70	3d	1	0.95mi
3301 32nd Ave S Saint Petersburg, FL	1.0–2.0	1.0–2.0	914	$2,750	$3.01	3d	10	1.06mi
5608 18th Ave S Gulfport, FL	1.0	1.0	560	$1,600	$2.86	24d	1	1.16mi
5420 29th Ave S Unit B Gulfport, FL	1.0	1.0	500	$1,550	$3.10	8d	1	1.17mi
1806 57th St S Fl 33714 Gulfport, FL	1.0	1.0	550	$1,500	$2.73	24d	1	1.20mi
3022 Beach Blvd S Unit 1 Gulfport, FL	1.0	1.0	459	$2,000	$4.36	10d	1	1.24mi
5011 Emerson Ave S Saint Petersburg, FL	1.0	1.0	600	$1,450	$2.42	24d	1	1.26mi
3015 56th St S Unit 4 Gulfport, FL	1.0	1.0	550	$1,645	$2.99	4d	1	1.30mi
3460 4th Ave S Unit 1 St. Petersburg, FL	1.0	1.0	544	$1,550	$2.85	24d	1	1.34mi
3460 4th Ave S Unit 3 St. Petersburg, FL	2.0	1.0	544	$1,800	$3.31	24d	1	1.34mi
2601 18th Ave S Unit B St. Petersburg, FL	1.0	1.0	600	$1,100	$1.83	24d	1	1.34mi
2931 Dupont St S Unit Dupont St S unit P041 Madrid 4 Gulfport, FL	1.0	1.0	690	$1,490	$2.16	15d	1	1.41mi
3120 57th St S Unit B Gulfport, FL	1.0	1.0	400	$1,750	$4.38	24d	1	1.42mi
3550 2nd Ave S St. Petersburg, FL	2.0	1.0	720	$2,800	$3.89	24d	1	1.42mi
2547 14th Ave S Saint Petersburg, FL	2.0	1.0	726	$2,800	$3.86	4d	1	1.49mi

Listing history 20 events

1. 2026-06-18
   days on market $179,000 Active 92 DOM
2. 2026-06-17
   days on market $179,000 Active 91 DOM
3. 2026-06-16
   days on market $179,000 Active 90 DOM
4. 2026-06-15
   days on market $179,000 Active 89 DOM
5. 2026-06-13
   days on market $179,000 Active 87 DOM
6. 2026-06-09
   days on market $179,000 Active 83 DOM
7. 2026-06-08
   days on market $179,000 Active 82 DOM
8. 2026-06-07
   days on market $179,000 Active 81 DOM
9. 2026-06-04
   days on market $179,000 Active 78 DOM
10. 2026-06-03
    days on market $179,000 Active 77 DOM
11. 2026-06-01
    days on market $179,000 Active 75 DOM
12. 2026-05-31
    days on market $179,000 Active 74 DOM
13. 2026-05-21
    price $179,000
14. 2026-05-16
    price $189,000
15. 2026-03-26
    price $198,000
16. 2026-03-18
    listed $235,000 Active
17. 2005-03-23
    soldstatus $27,500 172-char remark

    Show marketing remark (172 chars)

    All Info. believed to be correct-buyer to confirm all details important to buying decision- property sold as is with right to inspect. No utilities to be on for inspection.

18. 2005-02-16
    listed $35,500 172-char remark

    Show marketing remark (172 chars)

    All Info. believed to be correct-buyer to confirm all details important to buying decision- property sold as is with right to inspect. No utilities to be on for inspection.

19. 2004-12-24
    listed $52,000
20. 1996-03-20
    soldstatus $18,000

ⓘ 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: $1,379 · $115/mo
• Projected year-2 tax: $1,486 · $124/mo
• Expected delta: +$106/yr (+$9/mo · 7.7%)

ⓘ 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 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,639
• − Mortgage interest: −$10,027
• − Property taxes: −$1,379
• − Insurance: −$895
• − Repairs & maintenance: −$1,651
• − Management: −$1,651
• − Depreciation: −$5,207
• Taxable loss: −$172
• Est. tax savings @ 24.0%: +$41
• After-tax cash flow: $2,807/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: 30.3% rent · 69.7% 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+894.4% since first listed

8 events — show timeline

• 2026-05-21 Price Changed $179,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-16 Price Changed $189,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Price Changed $198,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-18 Listed $235,000 Stellar MLS as Distributed by MLS Grid
• 2005-03-23 Sold (MLS) $27,500 Stellar MLS as Distributed by MLS Grid
• 2005-02-16 Listed $35,500 Stellar MLS as Distributed by MLS Grid
• 2004-12-24 Listed $52,000 Stellar MLS as Distributed by MLS Grid
• 1996-03-20 Sold (Public Records) $18,000 Public Records

Property tax history

+10.7%/yr

Latest (2025): $1,379 · +15.6% YoY. Source: county tax records.