4621 17th Ave S · St. Petersburg, FL 33711

$199,900

2 bd · 1.0 ba · 759 sqft · SingleFamily public records · 27 Days on market

Built 1954 6,560 sqft lot Est $247k · 19% under

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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 +23.0/30.0
• ARV discount +15.0/15.0
• DSCR +7.4/10.0
• 1% rule +5.5/10.0
• 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

Great Single Family Home in the Heart of Saint Petersburg. Spacious Lot! Needs Some TLC, But Has Tons of Potential!

Key facts

• Ample outdoor space
• Income-producing use
• Huge lot

Tags

• HUGE LOT
• AMPLE OUTDOOR SPACE
• POTENTIAL FOR NEW CONSTRUCTION
• ADDITIONAL LIVING SPACE
• ROOM FOR OUTDOOR AMENITIES
• INCOME-PRODUCING USE

Property features AI

Finance

• Other: Property type: Residential — Single Family Residence; Lot approximately 0.15 acres (50 x 131); Living area reported as 759 sq ft; building area 863 sq ft
• Financial info: Lease restrictions apply
• HOA & community: No association

Exterior

• Utilities: Public water available; No water source listed; Public sewer; Cable available; Electricity connected; Sewer connected; Water connected
• Home design: Single family residence; One story; Southeast facing; Entry level: One
• Construction: Frame and other construction materials; Shingle roof; Slab foundation (and other foundation types)
• Exterior features: Other exterior features; Concrete road access

Interior

• Kitchen: Cooktop; Range; Range hood; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms (both on main level)
• Bathrooms: 1 full bathroom
• Heating & cooling: Other heating; Wall/window unit(s) for cooling
• Interior features: Ceiling fans; Living room / dining room combo; Open floorplan; Other interior features
• Laundry & utility: Laundry: Other configuration

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $353 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $197k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.4% 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.
• Zoned schools: Gulfport Montessori Elementary School (math 35% / reading 33%, grade F, #1,744 of 2,144 statewide, top 82%, 435 students, 86% FRL); Boca Ciega High School (math 24% / reading 33%, grade F, #458 of 667 statewide, top 69%, 1,423 students, 64% FRL) — zoned schools average 75% FRL vs 48% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 31% at this address vs 51% district-wide (-20 pts) — the specific schools serving this property underperform the Pinellas average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-1.5%/yr); 261 active listings in the ZIP; 40 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 27 days — a 2% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
• 3 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.
• Current owner paid $54k; list at $200k implies a 270% gain — meaningful room to come down on a strong offer.

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 $196,901 (1.5% below list)

Questions for the listing agent

1. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.05% ✓
• Cap rate: 8.41%
• Cash-on-cash: 7.57%
• DSCR: 1.34
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $246,675
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4371 18th Ave S	0.25mi	2/1.0	752 (-1%)	6mo	$282,000	$375	82
4601 21st Ave S	0.31mi	2/1.0	780 (+3%)	4mo	$237,000	$304	78
4941 Newton Ave S	0.35mi	3/1.0 (+1)	720 (-5%)	0mo	$160,000	$222	70
4627 19th Ave S	0.19mi	2/1.0	648 (-15%)	4mo	$125,000	$193	63
4727 17th Ave S	0.13mi	2/1.0	861 (+13%)	10mo	$280,000	$325	63
5009 12th Ave S	0.46mi	3/1.0 (+1)	804 (+6%)	5mo	$319,000	$397	60
3929 10th Ave S	0.73mi	3/1.0 (+1)	770 (+1%)	6mo	$235,000	$305	54
1119 51st St S	0.48mi	2/1.0	848 (+12%)	7mo	$215,000	$254	52
5145 Preston Ave S	0.45mi	2/1.0	861 (+13%)	9mo	$265,000	$308	49
5410 19th Ave S	0.70mi	2/1.0	810 (+7%)	9mo	$275,000	$340	49
1801 52nd St S	0.49mi	3/2.0 (+1)	866 (+14%)	10mo	$290,000	$335	36
5413 Newton Ave S	0.70mi	2/1.0	868 (+14%)	9mo	$303,000	$349	36

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: -8.0%
• Equity multiple: 0.71×
• Total profit: $-16,047
• Equity at exit: $29,806

10-year hold

• IRR: -2.7%
• Equity multiple: 0.84×
• Total profit: $-8,779
• Equity at exit: $17,284

Cash invested: $55,972 (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: 8.0×

Monthly cashflow live

• Estimated rent: $2,092 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$168 /mo · $2,018/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$439
• Net cashflow: $353

Break-even live

Break-even rent $1,645

Max offer price $199,900

Occupancy floor 78%

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4631 Queensboro Ave S St Petersburg, FL	3.0	2.0	1094	$2,600	$2.38	10d	1	0.06mi
4631 Queensboro Ave S Unit 4631 St. Petersburg, FL	3.0	2.0	1094	$2,600	$2.38	7d	1	0.06mi
1727 45th St S Unit B St. Petersburg, FL	1.0	1.0	600	$1,150	$1.92	7d	1	0.11mi
4327 17th Ave S Saint Petersburg, FL	2.0	1.0	880	$2,500	$2.84	24d	1	0.26mi
1933 47th St S Saint Petersburg, FL	2.0	1.0	816	$1,595	$1.95	4d	1	0.27mi
4618 20th Ave S Saint Petersburg, FL	2.0	1.0	921	$1,800	$1.95	2d	1	0.28mi
1327 43rd St S Saint Petersburg, FL	3.0	1.5	959	$2,250	$2.35	4d	1	0.31mi
4545 12th Ave S Saint Petersburg, FL	2.0	1.0	660	$2,000	$3.03	4d	1	0.32mi
1628 43rd St S Saint Petersburg, FL	3.0	2.0	1045	$2,100	$2.01	24d	1	0.33mi
4601 22nd Ave S Saint Petersburg, FL	1.0–2.0	1.0	872	$1,349	$1.55	1d	3	0.38mi
4421 11th Ave S Saint Petersburg, FL	3.0	2.0	945	$2,000	$2.12	4d	1	0.39mi
4933 13th Ave S Gulfport, FL	2.0	1.0	939	$2,200	$2.34	20d	1	0.40mi
4801 10th Ave S Unit 1 St. Petersburg, FL	3.0	1.0	1100	$2,200	$2.00	24d	1	0.46mi
5219 17th Ave S Unit 5219 Gulfport, FL	1.0	1.0	600	$1,400	$2.33	21d	1	0.53mi
4665 Yarmouth Ave S Saint Petersburg, FL	2.0	1.0	826	$1,950	$2.36	24d	1	0.53mi
1720 53rd St S Unit 1720 Gulfport, FL	1.0	1.0	723	$1,800	$2.49	17d	1	0.55mi
1720 53rd St S Gulfport, FL	1.0	1.0	728	$1,800	$2.47	4d	1	0.55mi
1701 53rd St S Gulfport, FL	3.0	1.0	994	$2,800	$2.82	4d	1	0.58mi
1642 39th St S Saint Petersburg, FL	3.0	1.0	975	$1,995	$2.05	20d	1	0.63mi
2402 52nd St S Gulfport, FL	2.0	2.0	1028	$3,000	$2.92	4d	1	0.70mi
3936 9th Ave S Saint Petersburg, FL	2.0	1.0	696	$1,895	$2.72	7d	1	0.72mi
4541 6th Ave S Saint Petersburg, FL	3.0	1.0	945	$1,100	$1.16	14d	1	0.75mi
1665 37th St S Saint Petersburg, FL	3.0	1.0	867	$1,850	$2.13	10d	1	0.75mi
1922 55th St S Gulfport, FL	2.0	1.0	864	$2,500	$2.89	4d	1	0.75mi
2524 52nd St S Unit 2 Gulfport, FL	1.0	1.0	575	$1,595	$2.77	17d	1	0.77mi
2412 53rd St S Unit A Gulfport, FL	3.0	1.0	821	$2,250	$2.74	24d	1	0.77mi
2800 47th St S Gulfport, FL	2.0	1.0	890	$2,300	$2.58	4d	1	0.82mi
5608 18th Ave S Gulfport, FL	1.0	1.0	560	$1,600	$2.86	24d	1	0.84mi
2506 54th St S Gulfport, FL	2.0	1.0	938	$1,800	$1.92	24d	1	0.86mi
2506 54th St S Gulfport, FL	2.0	1.0	876	$1,800	$2.05	7d	1	0.86mi
3535 14th Ave S Saint Petersburg, FL	3.0	1.0	768	$1,650	$2.15	4d	1	0.86mi
505 43rd St S Unit 5051/2 St. Petersburg, FL	2.0	1.0	800	$2,000	$2.50	24d	1	0.87mi
450 47th St S Saint Petersburg, FL	3.0	1.0	960	$2,950	$3.07	4d	1	0.87mi
5011 Emerson Ave S Saint Petersburg, FL	1.0	1.0	600	$1,450	$2.42	24d	1	0.88mi
4525 29th Ave S Gulfport, FL	2.0	1.0	828	$1,895	$2.29	4d	1	0.88mi
1806 57th St S Fl 33714 Gulfport, FL	1.0	1.0	550	$1,500	$2.73	24d	1	0.89mi
2510 38th St S Saint Petersburg, FL	3.0	1.5	1104	$2,340	$2.12	4d	1	0.89mi
2510 38th St S Saint Petersburg, FL	3.0	1.5	1104	$2,340	$2.12	23d	1	0.89mi
5214 27th Ave S Unit 2 Gulfport, FL	1.0	1.0	800	$2,600	$3.25	4d	1	0.90mi
2865 51st St S Gulfport, FL	2.0	1.0	944	$1,900	$2.01	11d	1	0.94mi

Listing history 21 events

1. 2026-06-19
   status $199,900 Pending 27 DOM
2. 2026-06-18
   days on market $199,900 Active 27 DOM
3. 2026-06-17
   days on market $199,900 Active 26 DOM
4. 2026-06-16
   days on market $199,900 Active 25 DOM
5. 2026-06-15
   days on market $199,900 Active 24 DOM
6. 2026-06-13
   pricedays on market $199,900 Active 22 DOM
7. 2026-06-09
   days on market $209,000 Active 18 DOM
8. 2026-06-08
   days on market $209,000 Active 17 DOM
9. 2026-06-07
   days on market $209,000 Active 16 DOM
10. 2026-06-04
    days on market $209,000 Active 13 DOM
11. 2026-06-03
    days on market $209,000 Active 12 DOM
12. 2026-06-02
    days on market $209,000 Active 11 DOM
13. 2026-06-01
    days on market $209,000 Active 10 DOM
14. 2026-05-31
    days on market $209,000 Active 9 DOM
15. 2026-05-22
    listed $209,000 Active
16. 2024-08-09
    listed $220,000 Active
17. 2019-08-16
    soldstatus $54,000
18. 2019-08-15
    soldstatus $54,000 Sold 115-char remark

    Show marketing remark (115 chars)

    Great Single Family Home in the Heart of Saint Petersburg. Spacious Lot! Needs Some TLC, But Has Tons of Potential!

19. 2019-07-30
    status Pending 115-char remark

    Show marketing remark (115 chars)

    Great Single Family Home in the Heart of Saint Petersburg. Spacious Lot! Needs Some TLC, But Has Tons of Potential!

20. 2019-07-22
    listed $44,900 Active 115-char remark

    Show marketing remark (115 chars)

    Great Single Family Home in the Heart of Saint Petersburg. Spacious Lot! Needs Some TLC, But Has Tons of Potential!

21. 1981-01-01
    soldstatus $18,500

ⓘ 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: $2,018 · $168/mo
• Projected year-2 tax: $2,018 · $168/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 ≥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: $25,108
• − Mortgage interest: −$11,198
• − Property taxes: −$2,018
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,009
• − Management: −$2,009
• − Depreciation: −$5,815
• Taxable income: $1,061
• Est. tax owed @ 24.0%: −$255
• After-tax cash flow: $3,984/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

+1029.7% since first listed

7 events — show timeline

• 2026-05-22 Listed $209,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-09 Listed $220,000 Stellar MLS as Distributed by MLS Grid
• 2019-08-16 Sold (Public Records) $54,000 Public Records
• 2019-08-15 Sold (MLS) $54,000 Stellar MLS as Distributed by MLS Grid
• 2019-07-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-07-22 Listed $44,900 Stellar MLS as Distributed by MLS Grid
• 1981-01-01 Sold (Public Records) $18,500 Public Records

Property tax history

+14.4%/yr

Latest (2025): $2,018 · +15.2% YoY. Source: county tax records.