2035 10th St S · St. Petersburg, FL 33705

$190,000

3 bd · 2.0 ba · 1,476 sqft · SingleFamily public records · 8 Days on market

Built 1925 5,205 sqft lot Est $335k · 43% under

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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 +26.1/30.0
• ARV discount +15.0/15.0
• DSCR +8.8/10.0
• 1% rule +7.3/10.0
• Schools +4.3/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fixer upper, needs roof repairsBANK OWNED PROPERTY SOLD AS IS WITHOUT REPAIR OR WARRANTY. SELLER AND LISTING AGT HAVE NO KNOWLEDGE OF PROPERTY HISTORY, NO DISCLOSURES SUPPLIED. BUYER/BUYERS AGT IS RESPONSIBLE FOR VERIFYING HOA FEES AND DUES, IF ANY, COMMUNITY RULES, SQ F T, LOT SIZE, ROOM DIMENSIONS AND TAXES.

Key facts

• Quiet street
• Semi-private yard
• 5,205 sq ft lot

Tags

• QUIET STREET
• SEMI-PRIVATE YARD

Property features AI

Finance

• Other: Residential property type; Unfurnished; Living area 1,476 square feet
• HOA & community: No association; Pets allowed

Exterior

• Parking: Publicly maintained asphalt road access
• Utilities: Public water; Public sewer; Underground utilities
• Home design: Single family residence; One story; Faces east
• Construction: Brick construction; Shingle roof; Slab foundation; Built on 0.12-acre lot
• Exterior features: Covered patio/porch; Deck; Patio; Porch; Paved lot in county

Interior

• Kitchen: Convection oven; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Wood flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other interior features; 5 total rooms
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $478 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Cap rate 9.3% 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: Campbell Park Elementary School (math 19% / reading 19%, grade F, #2,111 of 2,144 statewide, top 99%, 462 students, 87% FRL); Gibbs High School (math 26% / reading 41%, grade F, #400 of 667 statewide, top 61%, 1,160 students, 64% FRL) — zoned schools average 76% FRL vs 48% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 26% at this address vs 51% district-wide (-25 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 (-0.1%/yr); 308 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 6d 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 38% of the median local income ($73k/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 $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

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 20y 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.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $190,000

Questions for the listing agent

1. Built in 1925 — 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: 1.23% ✓
• Cap rate: 9.31%
• Cash-on-cash: 10.77%
• DSCR: 1.48
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $335,052
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2324 13th St S	0.24mi	3/2.0	1,415 (-4%)	8mo	$429,000	$303	76
1600 27th Ave S	0.53mi	3/2.0	1,524 (+3%)	2mo	$212,000	$139	68
1618 20th Ave S	0.38mi	3/1.0	1,378 (-7%)	3mo	$120,000	$87	65
1717 Preston St S	0.51mi	3/2.0	1,421 (-4%)	11mo	$345,000	$243	61
1067 15th Ave S	0.41mi	2/1.0 (-1)	1,470 (-0%)	13mo	$300,000	$204	60
834 18th Ave S	0.29mi	3/1.0	1,294 (-12%)	3mo	$330,000	$255	59
1126 Melrose Ave S	0.51mi	3/2.0	1,293 (-12%)	0mo	$375,000	$290	55
1900 17th St S	0.47mi	3/1.0	1,649 (+12%)	1mo	$308,000	$187	54
977 27th Ave S	0.37mi	3/1.0	1,308 (-11%)	8mo	$158,000	$121	54
1333 Melrose Ave S	0.59mi	3/2.0	1,320 (-11%)	5mo	$300,000	$227	51
1307 12th Ave S	0.66mi	4/2.0 (+1)	1,349 (-9%)	4mo	$240,000	$178	47
650 27th Ave S	0.60mi	4/2.0 (+1)	1,350 (-8%)	13mo	$375,000	$278	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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -3.7%
• Equity multiple: 0.87×
• Total profit: $-7,131
• Equity at exit: $28,330

10-year hold

• IRR: 2.1%
• Equity multiple: 1.13×
• Total profit: $6,845
• Equity at exit: $16,428

Cash invested: $53,200 (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 33705

• Rents YoY: -0.1%
• Active inventory: 308
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $2,329 high
• Mortgage (P&I): −$996
• Tax from tax record: −$287 /mo · $3,444/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$489
• Net cashflow: $478

Break-even live

Break-even rent $1,725

Max offer price $190,000

Occupancy floor 74%

Sensitivity live

Price	-10% $585	-5% $531	+0% $478	+5% $424	+10% $370
Rent	-10% $294	-5% $386	+0% $478	+5% $570	+10% $662
Rate	-1.0pp $573	-0.5pp $526	base $478	+0.5pp $428	+1.0pp $378

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2003 10th St S Saint Petersburg, FL	4.0	2.0	1620	$2,349	$1.45	8d	1	0.02mi
930 20th Ave S St. Petersburg, FL	3.0	1.0	1190	$1,995	$1.68	13d	1	0.10mi
1919 Doctor Martin Luther King Junior St S Unit 1/2 St. Petersburg, FL	3.0	1.0	892	$2,200	$2.47	3d	1	0.14mi
1919 Doctor Martin Luther King Junior St S Unit 1/2 St. Petersburg, FL	3.0	1.0	892	$2,580	$2.89	21d	1	0.14mi
966 22nd Ave S Unit 109 St. Petersburg, FL	2.0	2.0	900	$1,795	$1.99	8d	1	0.15mi
944 18th Ave S Unit A St. Petersburg, FL	3.0	1.0	1013	$2,100	$2.07	19d	1	0.16mi
1715 14th St S St. Petersburg, FL	2.0	1.0	1000	$1,850	$1.85	25d	1	0.32mi
1701 14th St S Unit A St. Petersburg, FL	2.0	1.0	1100	$1,950	$1.77	25d	1	0.33mi
1035 15th Ave S Saint Petersburg, FL	2.0	1.0	1412	$1,900	$1.35	5d	1	0.38mi
1535 13th St S Saint Petersburg, FL	4.0	2.0	1716	$2,850	$1.66	25d	1	0.38mi
2230 Grove St S Saint Petersburg, FL	2.0	1.0	1108	$1,750	$1.58	5d	1	0.39mi
711 18th Ave S Unit 2 St. Petersburg, FL	2.0	1.0	896	$1,295	$1.45	4d	1	0.41mi
773 W Harbor Dr S Saint Petersburg, FL	4.0	2.0	1495	$2,800	$1.87	25d	1	0.43mi
1763 Preston St S Saint Petersburg, FL	3.0	1.0	1158	$2,350	$2.03	25d	1	0.48mi
1650 Prescott St S Saint Petersburg, FL	3.0	1.0	960	$2,100	$2.19	5d	1	0.48mi
1465 15th St S Saint Petersburg, FL	3.0	1.5	1405	$2,400	$1.71	5d	1	0.50mi
675 17th Ave S Unit 1 St. Petersburg, FL	2.0	1.0	1000	$1,950	$1.95	25d	1	0.50mi
888 14th Ave S St Petersburg, FL	2.0	1.0	1084	$1,825	$1.68	5d	1	0.51mi
1427 15th St S Saint Petersburg, FL	3.0	1.0	1030	$2,095	$2.03	5d	1	0.53mi
1760 Queen St S Saint Petersburg, FL	3.0	1.0	1004	$2,000	$1.99	5d	1	0.55mi
1218 13th Ave S Saint Petersburg, FL	3.0	2.0	1356	$2,594	$1.91	5d	1	0.55mi
720 Newton Ave S Saint Petersburg, FL	4.0	2.0	1320	$2,500	$1.89	8d	1	0.56mi
675 16th Ave S Unit 1 St. Petersburg, FL	4.0	2.0	1518	$2,750	$1.81	12d	1	0.56mi
1349 15th St S Saint Petersburg, FL	3.0	2.0	1702	$2,700	$1.59	25d	1	0.57mi
1317 14th St S St Petersburg, FL	4.0	2.0	1236	$2,150	$1.74	25d	1	0.58mi
771 14th Ave S Saint Petersburg, FL	3.0	2.0	1184	$2,850	$2.41	5d	1	0.58mi
1828 20th Ave S Saint Petersburg, FL	3.0	1.0	1015	$1,650	$1.63	25d	1	0.59mi
2935 Dr Martin Luther King Jr St S Saint Petersburg, FL	4.0	1.0	1042	$1,895	$1.82	5d	1	0.59mi
1900 19th St S Saint Petersburg, FL	4.0	1.0	1572	$2,500	$1.59	5d	1	0.60mi
1121 Dr Martin Luther King Jr St S Saint Petersburg, FL	3.0	2.0	1200	$2,275	$1.90	5d	1	0.63mi
1847 19th St S Saint Petersburg, FL	3.0	2.0	1203	$2,295	$1.91	5d	1	0.63mi
1137 Highland St S Saint Petersburg, FL	3.0	2.0	1400	$2,600	$1.86	3d	1	0.63mi
1911 22nd Ave S St Petersburg, FL	4.0	2.0	1424	$3,000	$2.11	3d	1	0.64mi
672 28th Ave S Saint Petersburg, FL	3.0	1.0	1032	$1,820	$1.76	25d	1	0.64mi
2505 18th St S Saint Petersburg, FL	3.0	2.0	1198	$2,350	$1.96	5d	1	0.65mi
1311 Prescott St S Saint Petersburg, FL	4.0	2.0	1048	$2,300	$2.19	5d	1	0.68mi
509 27th Ave S Saint Petersburg, FL	4.0	2.0	1025	$1,995	$1.95	25d	1	0.69mi
2524 19th St S Saint Petersburg, FL	4.0	2.0	1230	$2,495	$2.03	25d	1	0.69mi
2033 20th St S Saint Petersburg, FL	3.0	1.0	1752	$1,775	$1.01	5d	1	0.69mi
2410 4th St S Saint Petersburg, FL	3.0	1.0	575	$2,050	$3.57	5d	1	0.70mi

Listing history 7 events

1. 2026-06-17
   remarks 477-char remark
2. 2026-06-17
   status $190,000 Pending 8 DOM
3. 2026-06-16
   days on market $190,000 Active 8 DOM
4. 2026-06-15
   days on market $190,000 Active 7 DOM
5. 2026-06-13
   days on market $190,000 Active 5 DOM
6. 2026-06-09
   remarks 437-char remark
7. 2026-06-09
   listed $190,000 Active 1 DOM

ⓘ 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: $3,444 · $287/mo
• Projected year-2 tax: $3,444 · $287/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 · 25 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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,951
• − Mortgage interest: −$10,643
• − Property taxes: −$3,444
• − Insurance: −$950
• − Repairs & maintenance: −$2,236
• − Management: −$2,236
• − Depreciation: −$5,527
• Taxable income: $2,915
• Est. tax owed @ 24.0%: −$700
• After-tax cash flow: $5,031/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): 27,939
• Household income: $73,027
• Rent vs Own: 41.5% rent · 58.5% own
• Severe rent burden: 1386.0

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 0.64)
• Race & ethnicity: Black 44% White 41% Two or more races 10% Hispanic / Latino 5%
• Hispanic origin (detail): Puerto Rican 1%
• Common ancestry: Lithuanian 2% Italian 1% Slovak 1%
• Foreign-born: 9% · Canada, Dominican Republic
• Languages at home: 92% English-only · Spanish 4% Other Indo-European 1% Russian/Polish/Slavic 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: ▼ -540.28%
• Current HPI: 388.3086
• Rent YoY: ▼ -0.13%
• 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

+955.6% since first listed

13 events — show timeline

• 2026-06-08 Listed $190,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-13 Rental Removed $2,726 RENTLY
• 2026-02-22 Listed for Rent $2,726 RENTLY
• 2021-08-06 Sold (Public Records) $513,008 Public Records
• 2012-03-28 Sold (Public Records) $48,000 Public Records
• 2011-03-03 Sold (MLS) $16,000 Stellar MLS as Distributed by MLS Grid
• 2010-11-22 Listed $18,000 Stellar MLS as Distributed by MLS Grid
• 2006-05-25 Sold (Public Records) $142,000 Public Records
• 2006-04-28 Sold (MLS) $142,000 Stellar MLS as Distributed by MLS Grid
• 2006-01-18 Listed $134,900 Stellar MLS as Distributed by MLS Grid
• 2005-09-14 Sold (Public Records) $55,000 Public Records
• 2004-11-09 Sold (Public Records) $65,000 Public Records
• 2000-10-23 Sold (Public Records) $18,000 Public Records

Property tax history

+14.2%/yr

Latest (2025): $3,444 · +20.6% YoY. Source: county tax records.