2876 30th Ave N · St. Petersburg, FL 33713

$250,000

3 bd · 1.5 ba · 1,668 sqft · SingleFamily public records · 8 Days on market

Built 1954 7,610 sqft lot Est $472k · 47% under $1/mo HOA

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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 +27.0/30.0
• ARV discount +15.0/15.0
• DSCR +9.3/10.0
• 1% rule +6.1/10.0
• Schools +4.3/10.0
• Rent growth +2.7/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

* * MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT HIGHEST AND BEST BY 6 PM, THURSDAY, APRIL 30TH * * Investor Special in the sought-after Ponce de Leon neighborhood of St. Petersburg—this is a prime cash opportunity with exceptional upside. Situated on a spacious 60’ x 126’ corner lot with alley access, this 3-bedroom, 1-bath home offers flexibility for expansion, renovation, or reconfiguration. Owned by the same family for generations, the property retains charming architectural details including a brick façade, wraparound porch, hardwood floors, and custom built-ins that create a warm, farmhouse-inspired feel. The layout features a generous living and dining area ide

Key facts

• Alley access
• Spacious corner lot
• Brick façade

Tags

• SPACIOUS CORNER LOT
• ALLEY ACCESS
• CHARMING ARCHITECTURAL DETAILS
• BRICK FAÇADE
• WRAPAROUND PORCH
• HARDWOOD FLOORS

Property features AI

Finance

• Other: Homestead exemption indicated; Total lot about 0.17 acre (approx. 60 x 126 / 707 m²); Corner lot dimensions 60x126
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (optional fees); Association fee $12 annually (approx. $1 monthly); Street lights in neighborhood; Pets allowed

Exterior

• Parking: Alley access
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Broadband/High-speed internet available
• Home design: Single family residence; Residential property; Fixer condition; One story; Faces north; Entry level: One
• Construction: Brick and concrete construction; Shingle roof; Concrete perimeter foundation; Crawlspace foundation; Built area approx. 2460 sq ft (public records); Living area approx. 1668 sq ft (public records); Year built not provided
• Exterior features: Covered front porch; Exterior lighting; Private mailbox; Chain link and wood fencing; Corner lot in city limits; Paved, public maintained road

Interior

• Kitchen: Range; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Built-in features; Ceiling fans; Coffered ceilings; Thermostat; 8 total rooms
• Laundry & utility: Washer; Dryer; Laundry located inside

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $700 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Cap rate 9.7% 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: New Heights Elementary School (math 34% / reading 32%, grade F, #1,773 of 2,144 statewide, top 83%, 615 students, 81% FRL); St. Petersburg High School (math 31% / reading 61%, grade D-, #220 of 667 statewide, top 33%, 1,723 students, 39% FRL).
• Market conditions: Rents flat; 307 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals leasing fast (median 11d 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 44% of the median local income ($75k/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 $2k of loan paydown is wiped out by about $8k 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

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1954 — 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 $250,000

Questions for the listing agent

1. Built in 1954 — 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. 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: 1.11% ✓
• Cap rate: 9.65%
• Cash-on-cash: 12.00%
• DSCR: 1.53
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $472,044
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2326 28th St N	0.39mi	3/1.0	1,584 (-5%)	8mo	$435,000	$275	65
2312 32nd Ave N	0.55mi	4/2.0 (+1)	1,630 (-2%)	1mo	$360,000	$221	63
2559 36th Ave N	0.50mi	3/1.5	1,575 (-6%)	8mo	$446,000	$283	60
3421 36th St N	0.64mi	3/2.0	1,628 (-2%)	12mo	$520,000	$319	54
3700 27th Ave N	0.69mi	3/2.0	1,679 (+1%)	17mo	$675,000	$402	51
2451 38th Ave N	0.69mi	4/2.0 (+1)	1,650 (-1%)	14mo	$375,000	$227	47
2869 36th Ave N	0.42mi	4/2.0 (+1)	1,504 (-10%)	12mo	$385,000	$256	47
3632 27th Ave N	0.63mi	3/2.0	1,521 (-9%)	14mo	$520,000	$342	42

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 · 0.67% rent growth · sell at horizon

5-year hold

• IRR: -0.9%
• Equity multiple: 0.97×
• Total profit: $-2,374
• Equity at exit: $37,276

10-year hold

• IRR: 6.4%
• Equity multiple: 1.43×
• Total profit: $30,066
• Equity at exit: $21,615

Cash invested: $70,000 (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 33713

• Rents YoY: 0.7%
• Active inventory: 307
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $2,770 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$72 /mo · $864/yr
• Insurance: −$104
• HOA: −$1
• Vacancy / Maint / Mgmt: −$582
• Net cashflow: $700

Break-even live

Break-even rent $1,884

Max offer price $250,000

Occupancy floor 70%

Sensitivity live

Price	-10% $842	-5% $771	+0% $700	+5% $629	+10% $559
Rent	-10% $481	-5% $591	+0% $700	+5% $809	+10% $919
Rate	-1.0pp $826	-0.5pp $764	base $700	+0.5pp $635	+1.0pp $569

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2700 26th St N Saint Petersburg, FL	4.0	2.0	1608	$2,250	$1.40	15d	1	0.26mi
3200 33rd Ave N Saint Petersburg, FL	2.0	1.5	1111	$2,195	$1.98	24d	1	0.30mi
3038 25th St N Saint Petersburg, FL	2.0	1.0	1050	$1,999	$1.90	18d	1	0.38mi
2820 23rd St N Saint Petersburg, FL	4.0	2.0	1615	$3,037	$1.88	18d	1	0.54mi
3664 29th Ave N Saint Petersburg, FL	2.0	1.0	1105	$2,400	$2.17	14d	1	0.62mi
3113 Union St N Saint Petersburg, FL	4.0	2.0	1156	$2,261	$1.96	5d	1	0.70mi
3750 28th Ave N Saint Petersburg, FL	3.0	2.0	1512	$2,830	$1.87	24d	1	0.74mi
3735 39th Ave N Saint Petersburg, FL	2.0	1.0	1291	$2,200	$1.70	4d	1	0.92mi
1171 25th Ln N Saint Petersburg, FL	3.0	3.5	1990	$4,500	$2.26	3d	1	1.08mi
1162 25th Way N Saint Petersburg, FL	3.0	2.5	2205	$4,500	$2.04	8d	1	1.10mi
1935 16th Ave N Saint Petersburg, FL	3.0	2.0	1254	$2,345	$1.87	5d	1	1.10mi
4116 Yardley Ave N Saint Petersburg, FL	3.0	2.0	1680	$4,150	$2.47	5d	1	1.13mi
1685 21st Ave N Saint Petersburg, FL	3.0	2.0	1370	$2,495	$1.82	5d	1	1.13mi
4220 37th Ave N Saint Petersburg, FL	3.0	1.0	1245	$2,250	$1.81	18d	1	1.20mi
4218 24th Ave N Saint Petersburg, FL	2.0	1.0	1121	$1,925	$1.72	5d	1	1.20mi
3301 9th Ave N Saint Petersburg, FL	3.0	2.0	1514	$3,500	$2.31	5d	1	1.26mi
1803 42nd Way N Saint Petersburg, FL	2.0	2.0	1421	$4,200	$2.96	24d	1	1.28mi
1329 34th Ave N Saint Petersburg, FL	4.0	2.0	1252	$3,700	$2.96	24d	1	1.30mi
1221 35th Ave N Saint Petersburg, FL	3.0	2.0	1074	$2,900	$2.70	18d	1	1.38mi
1645 15th St N Saint Petersburg, FL	3.0	2.0	1146	$3,500	$3.05	5d	1	1.40mi
1156 37th Ave N Saint Petersburg, FL	3.0	3.0	2178	$3,600	$1.65	10d	1	1.43mi
4136 13th Ave N Saint Petersburg, FL	3.0	2.0	1154	$2,600	$2.25	12d	1	1.44mi
1444 15th St N Saint Petersburg, FL	4.0	3.0	1858	$3,500	$1.88	5d	1	1.44mi
1118 23rd Ave N Saint Petersburg, FL	2.0	1.0	1116	$2,450	$2.20	5d	1	1.46mi
5246 Neil Dr Saint Petersburg, FL	3.0	3.0	1713	$3,450	$2.01	22d	1	1.46mi

HOA detail

• Monthly dues: $1 · $12/yr

Listing history 2 events

1. 2026-05-01
   status Pending
2. 2026-04-23
   listed $250,000 Active

ⓘ 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: $864 · $72/mo
• Projected year-2 tax: $2,075 · $173/mo
• Expected delta: +$1,211/yr (+$101/mo · 140.1%)

ⓘ 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 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,240
• − Mortgage interest: −$14,004
• − Property taxes: −$864
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,659
• − Management: −$2,659
• − HOA: −$12
• − Depreciation: −$7,273
• Taxable income: $4,519
• Est. tax owed @ 24.0%: −$1,084
• After-tax cash flow: $7,317/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): 31,729
• Household income: $74,707
• Rent vs Own: 31.3% rent · 68.7% own
• Severe rent burden: 1076.0

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 (71%)
• Race & ethnicity: White 71% Hispanic / Latino 13% Two or more races 9% Black 7% Asian 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2% Cuban 3%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 12% · Canada, Vietnam
• Languages at home: 84% English-only · Spanish 9% Other Asian/Pacific 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: ▼ -439.69%
• Current HPI: 478.8317
• Rent YoY: ▲ 0.67%
• 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

2 events — show timeline

• 2026-05-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-23 Listed $250,000 Stellar MLS as Distributed by MLS Grid

Property tax history

-4.7%/yr

Latest (2025): $864 · +8.0% YoY. Source: county tax records.