7326 11th Ave N · St. Petersburg, FL 33710

$299,000

3 bd · 2.0 ba · 1,710 sqft · SingleFamily public records · 5 Days on market

Built 1953 7,501 sqft lot Est $525k · 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 +25.3/30.0
• ARV discount +15.0/15.0
• DSCR +8.3/10.0
• 1% rule +5.3/10.0
• Schools +4.3/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Come take a look at this 1710 Sq. Ft. home. Great layout in a highly sought after area. This home is very unique and is waiting for someone to come in and make it their own. No flood zone. Sits on a great lot. Roof 2008, AC does not look old. Hurry on this one as we are expecting multiple offers.

Key facts

• 7,501 sq ft lot
• 2 parking spots
• Built 1953

Property features AI

Finance

• Other: Homestead exemption indicated
• HOA & community: No association (HOA) indicated; Pets allowed

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Public utilities
• Home design: Single family residence; One story; Faces east
• Construction: Frame construction; Built-up roof; Slab foundation
• Exterior features: Patio; Other exterior features; Trees and landscaped yard; Located in county

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other interior features; Bonus room
• Laundry & utility: No laundry features listed

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $299k.

Deal economics

• At list price, monthly cash flow is $679 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $299k).
• Cap rate 9.0% 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.
• Market conditions: Rents soft (-0.5%/yr); 313 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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).
• At $3,079/mo this rent would consume 47% of the median local household income ($79k/yr) (locally 542% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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 5 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• 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 $299,000

Questions for the listing agent

1. Built in 1953 — 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: 1.03% ✓
• Cap rate: 9.02%
• Cash-on-cash: 9.73%
• DSCR: 1.43
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $524,970
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7326 11th Ave N	0.00mi	3/2.0	1,710 (0%)	0mo	$300,000	$175	100
6936 9th Ave N	0.32mi	3/2.0	1,749 (+2%)	4mo	$485,000	$277	78
6894 14th Ave N	0.38mi	3/2.0	1,728 (+1%)	8mo	$450,000	$260	74
7217 6th Ave N	0.27mi	4/2.0 (+1)	1,614 (-6%)	4mo	$490,000	$304	70
1125 77th St N	0.27mi	3/2.0	1,896 (+11%)	2mo	$590,000	$311	68
213 Park St N	0.64mi	3/2.0	1,630 (-5%)	4mo	$377,500	$232	59
7648 15th Ave N	0.41mi	4/2.0 (+1)	1,530 (-10%)	0mo	$470,000	$307	58
1950 75th St N	0.56mi	3/2.0	1,541 (-10%)	1mo	$499,000	$324	57
1437 Country Club RD N Rd N Unit COUNTRY CLUB RD N	0.53mi	3/2.0	1,500 (-12%)	2mo	$875,000	$583	53
2152 75th Way N	0.65mi	3/2.0	1,840 (+8%)	6mo	$570,000	$310	51
6641 12th Ave N	0.64mi	3/2.0	1,950 (+14%)	3mo	$530,000	$272	45
7127 3rd Ave N	0.53mi	4/2.5 (+1)	1,930 (+13%)	10mo	$650,000	$337	39

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: -4.7%
• Equity multiple: 0.83×
• Total profit: $-14,398
• Equity at exit: $44,582

10-year hold

• IRR: 1.5%
• Equity multiple: 1.09×
• Total profit: $7,655
• Equity at exit: $25,852

Cash invested: $83,720 (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 33710

• Rents YoY: -0.5%
• Active inventory: 313
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $3,079 high
• Mortgage (P&I): −$1,568
• Tax from tax record: −$61 /mo · $733/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$647
• Net cashflow: $679

Break-even live

Break-even rent $2,220

Max offer price $299,000

Occupancy floor 73%

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: $74,750
• Closing costs: $8,970
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7401 13th Ave N Saint Petersburg, FL	4.0	2.0	1464	$3,100	$2.12	4d	1	0.20mi
7401 13th Ave N Saint Petersburg, FL	4.0	2.0	1464	$3,100	$2.12	24d	1	0.20mi
1308 70th St N Unit 1308 St. Petersburg, FL	2.0	1.5	1100	$2,500	$2.27	24d	1	0.33mi
7600 16th Ave N Saint Petersburg, FL	2.0	1.0	1243	$2,200	$1.77	12d	1	0.44mi
1790 Russell Dr N Saint Petersburg, FL	3.0	2.0	1277	$2,800	$2.19	4d	1	0.50mi
1699 68th St N Saint Petersburg, FL	3.0	1.0–2.0	775	$2,288	$2.95	2d	43	0.63mi
6960 20th Ave N #501 St Petersburg, FL	2.0	2.0	1150	$1,995	$1.73	24d	1	0.63mi
2153 75th Way N Saint Petersburg, FL	3.0	2.0	1410	$3,500	$2.48	22d	1	0.66mi
7930 Causeway Blvd S Saint Petersburg, FL	3.0	2.0	1454	$3,900	$2.68	4d	1	0.96mi
6348 7th Ave N St Petersburg, FL	3.0	1.5	1637	$2,800	$1.71	24d	1	1.06mi
8036 25th Ave N Saint Petersburg, FL	3.0	2.0	1250	$2,600	$2.08	4d	1	1.07mi
2901 70th St N Unit 1546478P St. Petersburg, FL	3.0	2.0	1614	$4,682	$2.90	17d	1	1.16mi
2851 67th St N Saint Petersburg, FL	4.0	2.0	1636	$3,200	$1.96	24d	1	1.24mi
2871 67th St N Saint Petersburg, FL	3.0	1.0	1075	$2,500	$2.33	24d	1	1.25mi
500 Treasure Island Cswy Treasure Island, FL	1.0–2.0	1.5–2.0	1096	$2,900	$2.64	4d	4	1.25mi
865 115th Ave Treasure Island, FL	3.0	3.0	1942	$3,000	$1.54	4d	1	1.33mi
11405 8th St E Treasure Island, FL	4.0	3.0	2077	$6,500	$3.13	24d	1	1.37mi
11400 8th St E Treasure Island, FL	3.0	2.0	1876	$7,900	$4.21	4d	1	1.39mi
6860 Park St S South Pasadena, FL	2.0	2.0	1500	$2,500	$1.67	24d	1	1.40mi
7004 Grevilla Ave S Unit 7004 South Pasadena, FL	3.0	2.5	2017	$3,800	$1.88	24d	1	1.42mi
6295 3rd Ave S Saint Petersburg, FL	4.0	2.0	1395	$3,000	$2.15	3d	1	1.44mi
11240 7th St E Treasure Island, FL	3.0	3.0	1771	$9,000	$5.08	4d	1	1.45mi
10355 Paradise Blvd Treasure Island, FL	1.0–2.0	1.0–2.0	1067	$2,800	$2.62	4d	6	1.46mi
511 Sandy Hook Rd Treasure Island, FL	4.0	3.5	2025	$4,000	$1.98	24d	1	1.48mi
795 119th Ave Treasure Island, FL	3.0	3.0	2192	$6,500	$2.97	24d	1	1.49mi

Listing history 1 events

1. 2026-05-22
   listed $299,000 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: $733 · $61/mo
• Projected year-2 tax: $2,482 · $207/mo
• Expected delta: +$1,749/yr (+$146/mo · 238.6%)

ⓘ 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 ≥107°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: $36,946
• − Mortgage interest: −$16,749
• − Property taxes: −$733
• − Insurance: −$1,495
• − Repairs & maintenance: −$2,956
• − Management: −$2,956
• − Depreciation: −$8,698
• Taxable income: $3,360
• Est. tax owed @ 24.0%: −$806
• After-tax cash flow: $7,337/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): 33,796
• Household income: $78,611
• Rent vs Own: 18.1% rent · 81.9% own
• Severe rent burden: 542.0

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 (77%)
• Race & ethnicity: White 77% Two or more races 10% Hispanic / Latino 9% Asian 5% Black 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 2%
• Common ancestry: Lithuanian 3% Romanian 3% Slovak 2%
• Foreign-born: 12% · Canada, Vietnam, China
• Languages at home: 85% English-only · Spanish 7% Other Indo-European 2% Russian/Polish/Slavic 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: ▼ -547.31%
• Current HPI: 405.0731
• Rent YoY: ▼ -0.48%
• 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

1 event — show timeline

• 2026-05-22 Listed $299,000 Stellar MLS as Distributed by MLS Grid

Property tax history

-6.5%/yr

Latest (2025): $733 · -0.7% YoY. Source: county tax records.