4153 58th St N #142 · Kenneth City, FL 33709

$92,000

1 bd · 1.0 ba · 562 sqft · Condo public records · 26 Days on market

Built 1962 $480/mo HOA · 33% 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 +14.4/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +4.4/10.0
• Schools +4.3/10.0
• Livability +4.2/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

First Floor Unit!! This 1-1 is "as cute as a button". It features an open concept kitchen. Screened lanai in the front with reserved parking right outside your door. A florida room with access to the courtyard area in the back. Updated windows, doors and electrical panel. The perfect location at a perfect price. Only about 15 minutes to area beaches and convenient shopping, dining and health care nearby. Come enjoy the Florida lifestyle!

Key facts

• Full size appliances
• Ground floor
• Mature landscaping

Tags

• GROUND FLOOR
• MATURE LANDSCAPING
• OPEN KITCHEN
• FULL SIZE APPLIANCES
• BREAKFAST BAR
• UPDATED BATHROOM

Property features AI

Finance

• Financial info: Total monthly HOA fees $480.40; Total annual HOA fees $5,764.80
• HOA & community: Monthly association fee of $480.40 (includes cable TV, common area taxes, escrow reserves, insurance, internet, structure and grounds maintenance, trash, water, sewer, management); Clearview Oaks Condo Association; Association amenities include shuffleboard court; Clubhouse and sidewalks; Senior community; Pets allowed (cats and dogs), maximum pet weight 25 lbs

Exterior

• Parking: Assigned parking; Guest parking
• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Sewer connected; Water connected
• Home design: Condominium; Single-story; Faces west; First-floor unit; Living area approximately 562 square feet
• Construction: Block construction; Built-up roof; Slab foundation; Building number 9
• Exterior features: Front porch; Patio; Screened porch; Awnings; Sidewalks

Interior

• Kitchen: Range hood; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet; Ceramic tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Window treatments; Storage
• Laundry & utility: Washer; Dryer; Electric water heater; Laundry located inside

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $92k.

Deal economics

• At list price, monthly cash flow is $19 ($228/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $92k).
• Recommended offer: $91k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 83/100 on livability (#47 in FL, #874 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: schools C-, amenities D.
• 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 flat; 309 active listings in the ZIP; 10 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 32% of the median local income ($54k/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 $636 of loan paydown is wiped out by about $3k 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 26 days — a 2% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 22y ago; this cycle's ask has dropped $8k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 33% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $90,620 (1.5% below list)

Questions for the listing agent

1. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
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 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: 1.57% ✓
• Cap rate: 6.54%
• Cash-on-cash: 0.89%
• DSCR: 1.04
• GRM: 5.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.99% rent growth · sell at horizon

5-year hold

• IRR: -18.5%
• Equity multiple: 0.37×
• Total profit: $-16,238
• Equity at exit: $13,717

10-year hold

• IRR: -19.3%
• Equity multiple: 0.12×
• Total profit: $-22,559
• Equity at exit: $7,954

Cash invested: $25,760 (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 33709

• Rents YoY: 1.0%
• Active inventory: 309
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,444 high
• Mortgage (P&I): −$482
• Tax from tax record: −$121 /mo · $1,449/yr
• Insurance: −$38
• HOA: −$480
• Vacancy / Maint / Mgmt: −$303
• Net cashflow: $19

Break-even live

Break-even rent $1,420

Max offer price $92,000

Occupancy floor 94%

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: $23,000
• Closing costs: $2,760
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5323 59th Cir W Kenneth City, FL	1.0–2.0	1.0	800	$1,100	$1.38	3d	4	0.74mi
3980 64th St N Saint Petersburg, FL	1.0–2.0	1.0–2.0	707	$1,350	$1.91	3d	6	0.82mi
5255 62nd St N Kenneth City, FL	1.0–3.0	1.0–2.0	1000	$1,300	$1.30	2d	2	0.83mi
5680 28th Ave N Unit 1 St. Petersburg, FL	1.0	1.0	450	$1,500	$3.33	24d	1	0.87mi
6538 42nd Ave N Unit 7 Kenneth City, FL	2.0	1.0	648	$2,000	$3.09	24d	1	0.96mi
3556 66th St N St. Petersburg, FL	1.0	1.0	610	$1,300	$2.13	14d	1	1.11mi
6522 54th Ave N Saint Petersburg, FL	1.0–3.0	1.0–2.0	892	$1,300	$1.46	1d	10	1.13mi
5701 21st Ave N Saint Petersburg, FL	1.0–2.0	1.0	775	$1,449	$1.87	7d	3	1.28mi
4701 68th St N Saint Petersburg, FL	1.0	1.0	700	$1,099	$1.57	24d	1	1.29mi
6801 48th Ave N Unit B St. Petersburg, FL	1.0	1.0	650	$1,525	$2.35	24d	1	1.34mi

HOA detail condo

• Monthly dues: $480 · $5,760/yr
• Likely covers: electric
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 25 events

1. 2026-06-04
   status $92,000 Pending 26 DOM
2. 2026-06-03
   days on market $92,000 Active 26 DOM
3. 2026-06-01
   days on market $92,000 Active 24 DOM
4. 2026-05-31
   days on market $92,000 Active 23 DOM
5. 2026-05-08
   listed $99,900 Active
6. 2022-05-24
   soldstatus $100,000
7. 2015-06-16
   soldstatus $30,000
8. 2015-06-02
   soldstatus $30,000 Sold 452-char remark

   Show marketing remark (452 chars)

   First Floor Unit!! This 1-1 is "as cute as a button". It features an open concept kitchen. Screened lanai in the front with reserved parking right outside your door. A florida room with access to the courtyard area in the back. Updated windows, doors and electrical panel. The perfect location at a perfect price. Only about 15 minutes to area beaches and convenient shopping, dining and health care nearby. Come enjoy the Florida lifestyle!

9. 2015-05-02
   status Pending 452-char remark

   Show marketing remark (452 chars)

   First Floor Unit!! This 1-1 is "as cute as a button". It features an open concept kitchen. Screened lanai in the front with reserved parking right outside your door. A florida room with access to the courtyard area in the back. Updated windows, doors and electrical panel. The perfect location at a perfect price. Only about 15 minutes to area beaches and convenient shopping, dining and health care nearby. Come enjoy the Florida lifestyle!

10. 2015-04-25
    price $32,000 452-char remark

    Show marketing remark (452 chars)

    First Floor Unit!! This 1-1 is "as cute as a button". It features an open concept kitchen. Screened lanai in the front with reserved parking right outside your door. A florida room with access to the courtyard area in the back. Updated windows, doors and electrical panel. The perfect location at a perfect price. Only about 15 minutes to area beaches and convenient shopping, dining and health care nearby. Come enjoy the Florida lifestyle!

11. 2015-03-28
    listed $32,900 Active 452-char remark

    Show marketing remark (452 chars)

    First Floor Unit!! This 1-1 is "as cute as a button". It features an open concept kitchen. Screened lanai in the front with reserved parking right outside your door. A florida room with access to the courtyard area in the back. Updated windows, doors and electrical panel. The perfect location at a perfect price. Only about 15 minutes to area beaches and convenient shopping, dining and health care nearby. Come enjoy the Florida lifestyle!

12. 2015-03-06
    historical
13. 2015-03-05
    status Active
14. 2015-02-13
    historical
15. 2015-02-06
    historical Active with Contract
16. 2015-01-22
    listed $32,950 Active
17. 2010-05-07
    soldstatus $23,000
18. 2010-04-28
    soldstatus $23,000
19. 2009-09-09
    listed $29,900
20. 2007-09-24
    listed $42,000
21. 2007-01-15
    listed $52,000
22. 2004-10-06
    soldstatus $39,500
23. 2004-10-01
    soldstatus $39,500
24. 2004-09-14
    historical
25. 2004-09-10
    listed $39,500

ⓘ 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: $1,449 · $121/mo
• Projected year-2 tax: $1,449 · $121/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 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: $17,326
• − Mortgage interest: −$5,153
• − Property taxes: −$1,449
• − Insurance: −$460
• − Repairs & maintenance: −$1,386
• − Management: −$1,386
• − HOA: −$5,760
• − Depreciation: −$2,676
• Taxable loss: −$946
• Est. tax savings @ 24.0%: +$227
• After-tax cash flow: $455/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 — Kenneth City

• Score: 83/100
• State rank: #47
• US rank: #874

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kenneth City, FL
• County: Pinellas County · 939,478 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 25,050
• Household income: $53,501
• Rent vs Own: 23.9% rent · 76.1% own
• Severe rent burden: 712.0

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 11% Two or more races 10% Black 5% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2% Dominican 1%
• Common ancestry: Lithuanian 3% Romanian 3% Slovak 2%
• Foreign-born: 14% · Canada, Vietnam, Jamaica
• Languages at home: 84% English-only · Spanish 9% Other Indo-European 2% Vietnamese 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: ▼ -416.74%
• Current HPI: 391.368
• Rent YoY: ▲ 0.99%
• 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

+152.9% since first listed

21 events — show timeline

• 2026-05-08 Listed $99,900 Stellar MLS as Distributed by MLS Grid
• 2022-05-24 Sold (Public Records) $100,000 Public Records
• 2015-06-16 Sold (Public Records) $30,000 Public Records
• 2015-06-02 Sold (MLS) $30,000 Stellar MLS as Distributed by MLS Grid
• 2015-05-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-04-25 Price Changed $32,000 Stellar MLS as Distributed by MLS Grid
• 2015-03-28 Listed $32,900 Stellar MLS as Distributed by MLS Grid
• 2015-03-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-03-05 Relisted — Stellar MLS as Distributed by MLS Grid
• 2015-02-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-02-06 Contingent — Stellar MLS as Distributed by MLS Grid
• 2015-01-22 Listed $32,950 Stellar MLS as Distributed by MLS Grid
• 2010-05-07 Sold (Public Records) $23,000 Public Records
• 2010-04-28 Sold (MLS) $23,000 Stellar MLS as Distributed by MLS Grid
• 2009-09-09 Listed $29,900 Stellar MLS as Distributed by MLS Grid
• 2007-09-24 Listed $42,000 Stellar MLS as Distributed by MLS Grid
• 2007-01-15 Listed $52,000 Stellar MLS as Distributed by MLS Grid
• 2004-10-06 Sold (Public Records) $39,500 Public Records
• 2004-10-01 Sold (MLS) $39,500 Stellar MLS as Distributed by MLS Grid
• 2004-09-14 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2004-09-10 Listed $39,500 Stellar MLS as Distributed by MLS Grid

Property tax history

+13.4%/yr

Latest (2025): $1,449 · -5.6% YoY. Source: county tax records.