5130 Brittany Dr S #604 · St. Petersburg, FL 33715

$205,000

1 bd · 1.5 ba · 1,060 sqft · Condo public records · 38 Days on market

Built 1969 $852/mo HOA · 31% 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 +15.6/30.0
• 1% rule +8.6/10.0
• ARV discount +7.5/15.0
• Appreciation +4.9/10.0
• DSCR +4.8/10.0
• Schools +4.3/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Point Brittany Is so much more than a place to Live It Is a Way of Life, Located On a group of Islands in St. Petersburg you will enjoy true "Island Living". This Condo is Ideal for care-free living in a Resort Style Community, Breathtaking water views across Boca Ciega Bay and Tampa Bay, Imagine watching dolphins swim by in the morning from your living room or strolling along the waterfront walkway. 2 Boat Docks and fishing Piers. This Spacious 1 Bedroom condo has been updated with New Kitchen cabinetry, granite counters and pantry. Both baths have new cabinets and the master has a walk-in shower. New windows have been installed to enhance the thrill of the views. This condo is located in a gated community with about 30 acres of spacious grounds filled with lots of palms and flowering shrubs year round. The resort size clubhouse has a state of the art fitness center, gaming rooms, meeting rooms, spa, gazebo and an over sized pool. There are 4 pools on property for you to enjoy along with tennis, kayak & canoe storage With a floating dock for easy access to the most pristine waters around. The is by far the best water front value around. It is a lifestyle with an abundance of amenities. Only a few minutes to St Pete Beach that has the most beautiful white sandy beaches. Just 30 minutes to Tampa International Airport and very close to Shopping and Entertainment.

Key facts

• Rich wood cabinetry
• Walk-in closet
• Granite countertops

Tags

• GRANITE COUNTERTOPS
• RICH WOOD CABINETRY
• WALK-IN CLOSET
• OUTSTANDING WATER VIEWS
• ACTIVE WATERFRONT COMMUNITY
• TROPICAL LANDSCAPING

Property features AI

Finance

• Other: Office manager listed as association contact
• Financial info: Total annual fees: $10,224; Lease restrictions apply
• HOA & community: Monthly HOA fee of $852, covers cable TV, internet, pool, maintenance (structure & grounds), management, pest control, private road, recreational facilities, sewer, trash and water; Association approval required; On-site property manager; Community amenities: clubhouse, dog park, fitness center, park, pool, sidewalks, tennis courts, wheelchair access, street lights; Senior community; Pets not allowed

Exterior

• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Water connected; Sewer connected
• Home design: Condominium (residential); One story / One level; Faces north
• Construction: Block construction; Concrete and membrane roof; Built on slab
• Exterior features: Lighting; Outdoor grill; Sidewalk

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 1 bedroom
• Flooring: Laminate; Slab foundation
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Living room/dining room combo; Thermostat; Walk-in closet(s); Building elevator
• Laundry & utility: Laundry in common area

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath condo listed at $205k.

Deal economics

• At list price, monthly cash flow is $-339 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $145k (29.2% below list).
• Meets the 1% rule at list price ($3k rent vs $205k).
• Recommended offer: $145k (29.2% below list) — sets the bar for cash-flow.
• Cap rate 6.8% 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: 282 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 32% of the median local income ($103k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $1k of equity ($1k loan paydown + $-318 appreciation (-0.1% local appreciation)).
• 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 38 days — a 3% lower offer ($199k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 16y 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 $103k; list at $205k implies a 99% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; HOA is 31% of rent.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,197 (29.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. 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?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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.
9. 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.
10. 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: 1.36% ✓
• Cap rate: 6.81%
• Cash-on-cash: 1.84%
• DSCR: 1.08
• GRM: 6.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.15% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -10.7%
• Equity multiple: 0.51×
• Total profit: $-28,318
• Equity at exit: $57,943

10-year hold

• IRR: -4.0%
• Equity multiple: 0.58×
• Total profit: $-24,238
• Equity at exit: $68,399

Cash invested: $57,400 (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 33715

• Home prices YoY: -0.1%
• Active inventory: 282
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $2,779 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$95 /mo · $1,135/yr
• Insurance: −$85
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$852
• Vacancy / Maint / Mgmt: −$583
• Net cashflow: $-339

Break-even live

Break-even rent $3,207

Max offer price $145,197

Occupancy floor —

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5200 Brittany Dr S St Petersburg, FL	2.0	2.0	1570	$2,750	$1.75	10d	3	0.08mi
5020 Brittany Dr S Unit 507 St. Petersburg, FL	2.0	2.0	1175	$2,500	$2.13	4d	1	0.11mi
5220 Brittany Dr S Unit 501-a St. Petersburg, FL	2.0	2.0	1175	$2,000	$1.70	24d	1	0.11mi
5220 Brittany Dr S St Petersburg, FL	1.0–2.0	1.0–2.0	997	$2,200	$2.21	14d	2	0.11mi
5277 Isla Key Blvd S #321 Saint Petersburg, FL	2.0	2.0	1255	$3,500	$2.79	24d	1	0.14mi
5281 Isla Key Blvd S #307 Saint Petersburg, FL	2.0	2.0	1255	$3,000	$2.39	24d	1	0.15mi
5153 Isla Key Blvd S St Petersburg, FL	2.0–3.0	2.0	1290	$2,895	$2.24	4d	2	0.16mi
5279 Isla Key Blvd S St Petersburg, FL	2.0	2.0	1290	$3,000	$2.33	24d	2	0.17mi
5510 La Puerta Del Sol Blvd S Unit 234 St. Petersburg, FL	2.0	2.0	1060	$2,750	$2.59	16d	1	0.28mi
4900 Brittany Dr S St Petersburg, FL	1.0–2.0	1.0–2.0	947	$1,740	$1.84	4d	3	0.30mi
4800 Brittany Dr S #102 Saint Petersburg, FL	2.0	2.0	1220	$2,500	$2.05	12d	1	0.35mi
4780 Brittany Dr S #11 Saint Petersburg, FL	2.0	2.0	1220	$4,000	$3.28	14d	1	0.35mi
5724 Puerta del Sol Blvd S #149 Saint Petersburg, FL	2.0	2.0	960	$2,600	$2.71	24d	1	0.43mi
5724 Puerta del Sol Blvd S #248 Saint Petersburg, FL	2.0	2.0	960	$2,200	$2.29	14d	1	0.43mi
6104 Palma del Mar Blvd S #604 St Petersburg, FL	2.0	2.0	1050	$4,500	$4.29	4d	1	0.55mi
6158 Palma del Mar Blvd S #205 Saint Petersburg, FL	2.0	2.0	890	$2,400	$2.70	24d	1	0.60mi
6158 Palma del Mar Blvd S #401 Saint Petersburg, FL	1.0	1.5	780	$2,200	$2.82	24d	1	0.60mi
6218 Palma Del Mar Blvd S Unit 1546234P St. Petersburg, FL	2.0	2.0	882	$3,590	$4.07	14d	1	0.64mi
6218 Palma del Mar Blvd S #507 Saint Petersburg, FL	1.0	1.5	780	$3,360	$4.31	24d	1	0.64mi
6218 Palma del Mar Blvd S #401 Saint Petersburg, FL	1.0	1.5	780	$3,810	$4.88	24d	1	0.64mi
6218 Palma del Mar Blvd S #405 St Petersburg, FL	1.0	1.5	780	$2,000	$2.56	4d	1	0.64mi
6219 Palma del Mar Blvd S #305 Saint Petersburg, FL	1.0	1.5	780	$2,200	$2.82	24d	1	0.66mi
6219 Palma del Mar Blvd S #210 Saint Petersburg, FL	2.0	2.0	915	$2,250	$2.46	24d	1	0.66mi
6219 Palma del Mar Blvd S #105 Saint Petersburg, FL	2.0	2.0	890	$2,400	$2.70	24d	1	0.66mi
6219 Palma del Mar Blvd S #206 Saint Petersburg, FL	2.0	2.0	915	$2,600	$2.84	24d	1	0.66mi
6219 Palma del Mar Blvd S #112 Saint Petersburg, FL	2.0	2.0	890	$2,100	$2.36	24d	1	0.66mi
6121 Palma del Mar Blvd S #228 Saint Petersburg, FL	2.0	2.0	980	$2,500	$2.55	4d	1	0.67mi
6268 Palma del Mar Blvd S #102 Saint Petersburg, FL	2.0	2.0	890	$2,500	$2.81	24d	1	0.70mi
6268 Palma del Mar Blvd S Saint Petersburg, FL	2.0	2.0	1050	$1,795	$1.71	24d	1	0.70mi
6268 Palma Del Mar Blvd S Unit 1546126P St. Petersburg, FL	1.0	1.0	796	$3,226	$4.05	14d	1	0.70mi
6268 Palma del Mar Blvd S #111 Saint Petersburg, FL	2.0	2.0	915	$3,000	$3.28	24d	1	0.70mi
6268 Palma del Mar Blvd S #306 Saint Petersburg, FL	2.0	2.0	1050	$2,750	$2.62	24d	1	0.70mi
6269 Palma del Mar Blvd S #501 Saint Petersburg, FL	1.0	1.5	780	$2,000	$2.56	4d	1	0.72mi
6269 Palma del Mar Blvd S #104 Saint Petersburg, FL	2.0	2.0	890	$2,500	$2.81	4d	1	0.72mi
6269 Palma del Mar Blvd S #302 Saint Petersburg, FL	2.0	2.0	1050	$2,395	$2.28	4d	1	0.72mi
6269 Palma del Mar Blvd S #308 Saint Petersburg, FL	2.0	2.0	1050	$2,495	$2.38	4d	1	0.72mi
6322 Palma del Mar Blvd S #216 Saint Petersburg, FL	2.0	2.0	890	$2,395	$2.69	17d	1	0.74mi
6322 Palma del Mar Blvd S #1104 Saint Petersburg, FL	2.0	2.0	1150	$4,500	$3.91	24d	1	0.74mi
6322 Palma del Mar Blvd S #1205 Saint Petersburg, FL	2.0	2.0	1250	$2,500	$2.00	24d	1	0.74mi
6322 Palma del Mar Blvd S #505 Saint Petersburg, FL	2.0	2.0	1250	$2,800	$2.24	24d	1	0.74mi

HOA detail condo

• Monthly dues: $852 · $10,224/yr
• Likely covers: waterlandscapingpoolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 22 events

1. 2026-06-18
   days on market $205,000 Active 38 DOM
2. 2026-06-17
   days on market $205,000 Active 37 DOM
3. 2026-06-16
   days on market $205,000 Active 36 DOM
4. 2026-06-15
   days on market $205,000 Active 35 DOM
5. 2026-06-13
   days on market $205,000 Active 33 DOM
6. 2026-06-09
   days on market $205,000 Active 29 DOM
7. 2026-06-08
   days on market $205,000 Active 28 DOM
8. 2026-06-07
   days on market $205,000 Active 27 DOM
9. 2026-06-04
   days on market $205,000 Active 24 DOM
10. 2026-06-03
    days on market $205,000 Active 23 DOM
11. 2026-06-01
    days on market $205,000 Active 21 DOM
12. 2026-05-31
    days on market $205,000 Active 20 DOM
13. 2026-05-11
    listed $205,000 Active
14. 2025-11-30
    historical
15. 2025-07-08
    price $240,000
16. 2025-05-20
    listed $250,000 Active
17. 2012-08-27
    soldstatus $103,000
18. 2012-08-24
    soldstatus $103,000 1399-char remark

    Show marketing remark (1399 chars)

    Point Brittany Is so much more than a place to Live It Is a Way of Life, Located On a group of Islands in St. Petersburg you will enjoy true "Island Living". This Condo is Ideal for care-free living in a Resort Style Community, Breathtaking water views across Boca Ciega Bay and Tampa Bay, Imagine watching dolphins swim by in the morning from your living room or strolling along the waterfront walkway. 2 Boat Docks and fishing Piers. This Spacious 1 Bedroom condo has been updated with New Kitchen cabinetry, granite counters and pantry. Both baths have new cabinets and the master has a walk-in shower. New windows have been installed to enhance the thrill of the views. This condo is located in a gated community with about 30 acres of spacious grounds filled with lots of palms and flowering shrubs year round. The resort size clubhouse has a state of the art fitness center, gaming rooms, meeting rooms, spa, gazebo and an over sized pool. There are 4 pools on property for you to enjoy along with tennis, kayak & canoe storage With a floating dock for easy access to the most pristine waters around. The is by far the best water front value around. It is a lifestyle with an abundance of amenities. Only a few minutes to St Pete Beach that has the most beautiful white sandy beaches. Just 30 minutes to Tampa International Airport and very close to Shopping and Entertainment.

19. 2012-07-03
    listed $109,900 1399-char remark

    Show marketing remark (1399 chars)

    Point Brittany Is so much more than a place to Live It Is a Way of Life, Located On a group of Islands in St. Petersburg you will enjoy true "Island Living". This Condo is Ideal for care-free living in a Resort Style Community, Breathtaking water views across Boca Ciega Bay and Tampa Bay, Imagine watching dolphins swim by in the morning from your living room or strolling along the waterfront walkway. 2 Boat Docks and fishing Piers. This Spacious 1 Bedroom condo has been updated with New Kitchen cabinetry, granite counters and pantry. Both baths have new cabinets and the master has a walk-in shower. New windows have been installed to enhance the thrill of the views. This condo is located in a gated community with about 30 acres of spacious grounds filled with lots of palms and flowering shrubs year round. The resort size clubhouse has a state of the art fitness center, gaming rooms, meeting rooms, spa, gazebo and an over sized pool. There are 4 pools on property for you to enjoy along with tennis, kayak & canoe storage With a floating dock for easy access to the most pristine waters around. The is by far the best water front value around. It is a lifestyle with an abundance of amenities. Only a few minutes to St Pete Beach that has the most beautiful white sandy beaches. Just 30 minutes to Tampa International Airport and very close to Shopping and Entertainment.

20. 2010-06-18
    soldstatus $110,000
21. 2010-01-11
    listed $139,700
22. 1997-02-26
    soldstatus $62,000

ⓘ 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: $1,135 · $95/mo
• Projected year-2 tax: $1,702 · $142/mo
• Expected delta: +$566/yr (+$47/mo · 49.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 6 d/yr ≥106°F today · 21 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: $33,343
• − Mortgage interest: −$11,483
• − Property taxes: −$1,135
• − Insurance: −$6,144
• − Repairs & maintenance: −$2,667
• − Management: −$2,667
• − HOA: −$10,224
• − Depreciation: −$5,964
• Taxable loss: −$6,942
• Est. tax savings @ 24.0%: +$1,666
• After-tax cash flow: $-2,396/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): 8,032
• Household income: $102,782
• Rent vs Own: 9.2% rent · 90.8% own
• Severe rent burden: 106.0

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 (89%)
• Race & ethnicity: White 89% Two or more races 5% Hispanic / Latino 5% Asian 2%
• Hispanic origin (detail): Puerto Rican 2%
• Common ancestry: Romanian 6% Hungarian 3% Lithuanian 3%
• Foreign-born: 11% · Canada, China
• Languages at home: 88% English-only · Spanish 5% Russian/Polish/Slavic 2% Arabic 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: ▼ -0.15%
• Current HPI: 264.9727
• Rent YoY: —
• 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

+230.6% since first listed

10 events — show timeline

• 2026-05-11 Listed $205,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-07-08 Price Changed $240,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-20 Listed $250,000 Stellar MLS as Distributed by MLS Grid
• 2012-08-27 Sold (Public Records) $103,000 Public Records
• 2012-08-24 Sold (MLS) $103,000 Stellar MLS as Distributed by MLS Grid
• 2012-07-03 Listed $109,900 Stellar MLS as Distributed by MLS Grid
• 2010-06-18 Sold (Public Records) $110,000 Public Records
• 2010-01-11 Listed $139,700 Stellar MLS as Distributed by MLS Grid
• 1997-02-26 Sold (Public Records) $62,000 Public Records

Property tax history

-3.1%/yr

Latest (2025): $1,135 · +7.2% YoY. Source: county tax records.