2001 N 83rd Ave Ave N #1281 · St. Petersburg, FL 33702

$60,000

2 bd · 2.0 ba · 1,280 sqft · Manufactured · 56 Days on market

Built 1971 Good condition 73 ac lot $789/mo HOA · 39% of rent

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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 +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
• Condition / age +3.8/5.0
• Livability +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks

Are you looking for a low maintenance lifestyle, near the beaches, for an investment property, or for a value conscious type of property? This property is for you. This beautiful mobile home in the desirable Village of Green in St Petersburgh, Florida, offers the perfect blend of comfort and lifestyle. Located just minutes from the beach and convenient shopping. One of the largest homes in the community, it features two spacious bedrooms, two full baths, an oversized family room, ideal for relaxation. In addition, enjoys a very nice and spacious screen large patio perfect for outdoor living in the winter and entertaining. Village of Green is known as one of the neighborhoods most welcoming

Key facts

• Club house
• Screen large patio
• 73.21 acre lot

Tags

• SCREEN LARGE PATIO
• CLUB HOUSE

Property features AI

Finance

• Financial info: Pets allowed (pet restrictions possible)
• HOA & community: Community association with clubhouse and maintained community areas; Pool (including heated pool); Billiard room, shuffleboard court, business center, kitchen facilities; Association dues paid monthly; includes cable TV, insurance, trash, water, and common areas

Exterior

• Parking: Covered parking with attached carport; Two carport spaces (total parking for 2)
• Utilities: Public water available; Public sewer; Electricity connected; Water connected
• Home design: Mobile home; Single-story; Northeast facing; Resale property; Visitable accessibility
• Construction: Aluminum siding
• Exterior features: Not waterfront; Shingle roof; Concrete perimeter foundation

Interior

• Kitchen: Disposal; Dishwasher; Microwave; Refrigerator; Electric cooktop
• Bedrooms: One bedroom on the main level
• Flooring: Ceramic tile; Laminate
• Bathrooms: Two full bathrooms (one on the main level)
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Kitchen island; Split bedroom layout
• Laundry & utility: Laundry located in the carport / outside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $60k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $321 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $60k).
• Recommended offer: $58k (3.0% below list) — sets the bar for market timing.
• Cap rate 14.0% 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.
• Zoned schools: Sawgrass Lake Elementary School (math 43% / reading 43%, grade F, #1,366 of 2,144 statewide, top 64%, 596 students, 63% FRL); Northeast High School (math 35% / reading 47%, grade F, #289 of 667 statewide, top 44%, 1,736 students, 50% FRL).
• Market conditions: Rents soft (-2.2%/yr); 383 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 36% 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 $415 of loan paydown is wiped out by about $2k 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 56 days — a 3% lower offer ($58k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; HOA is 39% of rent.
• Climate carrying-cost: severe flood risk; 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 $58,200 (3.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
7. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
8. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
9. 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.
10. 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.
11. 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: 3.36% ✓
• Cap rate: 14.04%
• Cash-on-cash: 27.68%
• DSCR: 2.23
• GRM: 2.5

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: 8.8%
• Equity multiple: 1.32×
• Total profit: $5,379
• Equity at exit: $8,946

10-year hold

• IRR: 11.4%
• Equity multiple: 1.62×
• Total profit: $10,462
• Equity at exit: $5,188

Cash invested: $16,800 (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 33702

• Rents YoY: -2.2%
• Active inventory: 383
• Price-to-rent: 2.5×

Monthly cashflow live

• Estimated rent: $2,014 high
• Mortgage (P&I): −$315
• Tax est. 1.5%: −$75 /mo · $900/yr
• Insurance: −$25
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$789
• Vacancy / Maint / Mgmt: −$423
• Net cashflow: $321

Break-even live

Break-even rent $1,608

Max offer price $60,000

Occupancy floor 79%

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: $15,000
• Closing costs: $1,800
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1400 Gandy Blvd N St Petersburg, FL	1.0–3.0	1.0–2.0	800	$1,585	$1.98	22d	2	0.35mi
8500 13th St N Saint Petersburg, FL	2.0	2.0	965	$2,300	$2.38	24d	1	0.44mi
1125 83rd Ave N Unit A Saint Petersburg, FL	2.0	2.0	940	$1,750	$1.86	4d	1	0.51mi
1245 84th Ave N Unit B St. Petersburg, FL	2.0	1.0	900	$1,650	$1.83	24d	1	0.52mi
1165 83rd Ave N Unit D Saint Petersburg, FL	2.0	2.0	960	$1,295	$1.35	24d	1	0.53mi
1400 Gandy Blvd N #1308 Saint Petersburg, FL	2.0	2.0	890	$1,750	$1.97	4d	1	0.53mi
1400 Gandy Blvd N #804 Saint Petersburg, FL	3.0	2.0	985	$1,595	$1.62	18d	1	0.53mi
9100 Dr Martin Luther King Jr St N St Petersburg, FL	1.0–2.0	1.0–2.0	737	$2,000	$2.71	3d	3	0.69mi
861 88th Ave N Saint Petersburg, FL	3.0	2.0	1301	$2,550	$1.96	4d	1	0.77mi
7260 17th Way N Saint Petersburg, FL	3.0	1.0	912	$3,650	$4.00	4d	1	0.78mi
2790 Grand Ave Saint Petersburg, FL	1.0–3.0	1.0–2.0	1017	$2,782	$2.73	2d	16	0.79mi
7111 16th St N Saint Petersburg, FL	3.0	1.0	1130	$2,695	$2.38	4d	1	0.88mi
7325 10th St N Saint Petersburg, FL	3.0	2.0	1762	$3,300	$1.87	24d	1	0.93mi
7325 10th St N Saint Petersburg, FL	3.0	2.0	1762	$3,300	$1.87	22d	1	0.93mi
6900 16th St N Saint Petersburg, FL	3.0	1.0	1150	$2,095	$1.82	4d	1	0.99mi
612 88th Ave N St. Petersburg, FL	2.0	1.0	900	$1,499	$1.67	2d	1	1.00mi
546 88th Ave N St. Petersburg, FL	2.0	1.0	900	$1,399	$1.55	24d	2	1.02mi
3110 Grand Ave Pinellas Park, FL	1.0–3.0	1.0–2.0	1104	$2,467	$2.23	2d	34	1.06mi
530 Freeport Ave N Saint Petersburg, FL	2.0	1.0	1040	$2,100	$2.02	4d	1	1.07mi
1280 102nd Ave N St. Petersburg, FL	1.0–2.0	1.0–2.0	1030	$1,748	$1.70	2d	41	1.11mi
600 76th Ave N Saint Petersburg, FL	1.0–2.0	1.0–1.5	775	$1,849	$2.39	4d	10	1.12mi
536 93rd Ave N Saint Petersburg, FL	2.0	1.0	905	$1,850	$2.04	24d	1	1.13mi
509 77th Ave N St. Petersburg, FL	1.0–2.0	1.0–2.0	850	$1,678	$1.97	24d	12	1.14mi
6630 17th Ln N Saint Petersburg, FL	3.0	1.0	1324	$2,489	$1.88	15d	1	1.18mi
350 79th Ave N St Petersburg, FL	2.0	1.0	915	$1,610	$1.76	7d	2	1.26mi
9940 7th Way N #101 Saint Petersburg, FL	2.0	2.0	1090	$2,000	$1.83	3d	1	1.31mi
720 100th Ave N #203 Saint Petersburg, FL	3.0	2.0	1440	$1,800	$1.25	4d	1	1.31mi
1770 63rd Ave N Saint Petersburg, FL	3.0	2.0	1782	$3,300	$1.85	8d	1	1.37mi
592 100th Ave N #202 Saint Petersburg, FL	2.0	2.5	1260	$2,000	$1.59	4d	1	1.37mi
873 Ibis Walk Pl N Unit 3 St. Petersburg, FL	2.0	2.0	1146	$2,159	$1.88	24d	1	1.38mi
2275 62nd Ave N #203 St Petersburg, FL	2.0	2.0	940	$1,975	$2.10	24d	1	1.43mi
871 Ibis Walk Pl N Saint Petersburg, FL	1.0–3.0	1.0–2.0	1075	$2,332	$2.17	2d	62	1.44mi
200 78th Ave N Saint Petersburg, FL	1.0–3.0	1.0	810	$1,610	$1.99	4d	1	1.45mi
111 73rd Ave N Saint Petersburg, FL	3.0	1.0–1.5	695	$1,883	$2.71	24d	1	1.49mi
2715 63rd Ter N Unit B St. Petersburg, FL	2.0	2.0	1030	$1,900	$1.84	24d	1	1.49mi

HOA detail

• Monthly dues: $789 · $9,468/yr

Listing history 13 events

1. 2026-06-18
   days on market $60,000 Active 56 DOM
2. 2026-06-17
   days on market $60,000 Active 55 DOM
3. 2026-06-16
   days on market $60,000 Active 54 DOM
4. 2026-06-15
   days on market $60,000 Active 53 DOM
5. 2026-06-13
   days on market $60,000 Active 51 DOM
6. 2026-06-09
   days on market $60,000 Active 47 DOM
7. 2026-06-08
   days on market $60,000 Active 46 DOM
8. 2026-06-07
   days on market $60,000 Active 45 DOM
9. 2026-06-04
   days on market $60,000 Active 42 DOM
10. 2026-06-03
    days on market $60,000 Active 41 DOM
11. 2026-06-01
    days on market $60,000 Active 39 DOM
12. 2026-05-31
    days on market $60,000 Active 38 DOM
13. 2026-04-23
    listed $60,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,169
• − Mortgage interest: −$3,361
• − Property taxes: −$900
• − Insurance: −$1,098
• − Repairs & maintenance: −$1,934
• − Management: −$1,934
• − HOA: −$9,468
• − Depreciation: −$1,745
• Taxable income: $3,730
• Est. tax owed @ 24.0%: −$895
• After-tax cash flow: $2,957/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This well-maintained mobile home in the Village of Green offers a good investment opportunity with minimal repairs and updates needed to enhance its value.

Value-add opportunities

• Resale Paint exterior siding — Enhances curb appeal and value
• Resale Replace sliding glass doors — Improves energy efficiency and aesthetics
• Both Update flooring — Modernizes the space and increases both resale and rental value

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior siding — Enhances curb appeal and value ↑
• Resale Replace sliding glass doors — Improves energy efficiency and aesthetics ↑
• Both Update flooring — Modernizes the space and increases both resale and rental value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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): 31,294
• Household income: $67,463
• Rent vs Own: 32.4% rent · 67.6% own
• Severe rent burden: 1000.0

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 (73%)
• Race & ethnicity: White 73% Hispanic / Latino 12% Two or more races 10% Black 6% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2%
• Common ancestry: Lithuanian 4% Romanian 3% Slovak 2%
• Foreign-born: 12% · Canada, Vietnam, Jamaica
• Languages at home: 83% English-only · Spanish 8% Russian/Polish/Slavic 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: ▼ -516.17%
• Current HPI: 347.1781
• Rent YoY: ▼ -2.22%
• 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

1 event — show timeline

• 2026-04-23 Listed $60,000 Beaches MLS