4142 12th Ave S · St. Petersburg, FL 33711

$110,000

3 bd · 1.5 ba · 1,045 sqft · SingleFamily public records · 1 Days on market

Built 1953 6,299 sqft lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 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

Short Sale. Investor Special. Requires a fair amount of TLC / Rehab. Interior is dated and also requires updating and repair. Will require new kitchen, appliances, bathrooms, flooring, doors, fixtures, paint, new roof, demo and clean out, some exterior work and repair, landscaping, etc. Some Hurricane damage.

Key facts

• 6,299 sq ft lot
• Built 1953

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Cap rate 19.9% 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 (-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).
• This rent runs 44% of the median local income ($67k/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 $761 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $31k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 7y ago; this cycle's ask is 9% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $18k; list at $110k implies a 521% gain — meaningful room to come down on a strong offer.

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→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $110,000

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: 2.24% ✓
• Cap rate: 19.90%
• Cash-on-cash: 48.59%
• DSCR: 3.16
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $290,510
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4127 12th Ave S	0.04mi	3/1.0	1,032 (-1%)	0mo	$300,000	$291	94
4659 9th Ave S	0.49mi	3/2.0	1,060 (+1%)	3mo	$295,000	$278	71
4818 10th Ave S	0.57mi	3/1.0	1,032 (-1%)	3mo	$250,000	$242	67
4610 6th Ave S	0.59mi	3/2.0	1,078 (+3%)	3mo	$337,000	$313	63
1720 Scranton St S	0.44mi	2/1.5 (-1)	1,108 (+6%)	2mo	$379,000	$342	63
1773 Tifton Ter S	0.57mi	3/1.0	1,017 (-3%)	6mo	$249,900	$246	62
4340 3rd Ave S	0.72mi	3/2.0	1,054 (+1%)	6mo	$370,000	$351	58
1400 46th St S	0.36mi	2/1.0 (-1)	912 (-13%)	3mo	$74,005	$81	52
4100 18th Ave S	0.43mi	4/1.0 (+1)	1,164 (+11%)	6mo	$170,625	$147	49
4650 Emerson Ave S	0.66mi	2/1.0 (-1)	978 (-6%)	3mo	$322,500	$330	49
4400 3rd Ave S	0.73mi	2/1.0 (-1)	1,135 (+9%)	1mo	$221,900	$196	44
3730 18th Ter S	0.58mi	3/2.0	1,200 (+15%)	5mo	$315,000	$263	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: 42.8%
• Equity multiple: 2.77×
• Total profit: $54,393
• Equity at exit: $16,401

10-year hold

• IRR: 47.5%
• Equity multiple: 4.95×
• Total profit: $121,779
• Equity at exit: $9,511

Cash invested: $30,800 (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: 3.7×

Monthly cashflow live

• Estimated rent: $2,459 high
• Mortgage (P&I): −$577
• Tax from tax record: −$73 /mo · $873/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$516
• Net cashflow: $1,247

Break-even live

Break-even rent $880

Max offer price $110,000

Occupancy floor 44%

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4029 13th Ave S St Petersburg, FL	3.0	2.0	1152	$2,650	$2.30	24d	1	0.10mi
1327 43rd St S Saint Petersburg, FL	3.0	1.5	959	$2,250	$2.35	4d	1	0.14mi
1543 43rd St S Saint Petersburg, FL	4.0	2.0	1198	$3,495	$2.92	4d	1	0.23mi
1628 43rd St S Saint Petersburg, FL	3.0	2.0	1045	$2,100	$2.01	24d	1	0.26mi
4421 11th Ave S Saint Petersburg, FL	3.0	2.0	945	$2,000	$2.12	4d	1	0.27mi
4327 17th Ave S Saint Petersburg, FL	2.0	1.0	880	$2,500	$2.84	24d	1	0.29mi
4537 10th Ave S Saint Petersburg, FL	4.0	2.0	1046	$2,690	$2.57	4d	1	0.36mi
1642 39th St S Saint Petersburg, FL	3.0	1.0	975	$1,995	$2.05	20d	1	0.38mi
1734 39th St S Saint Petersburg, FL	4.0	2.0	1152	$2,000	$1.74	24d	1	0.42mi
4700 10th Ave S Saint Petersburg, FL	3.0	2.0	1300	$2,500	$1.92	20d	1	0.46mi
4700 10th Ave S Unit 1 St. Petersburg, FL	4.0	2.0	1300	$2,650	$2.04	24d	1	0.46mi
1665 37th St S Saint Petersburg, FL	3.0	1.0	867	$1,850	$2.13	11d	1	0.47mi
3535 14th Ave S Saint Petersburg, FL	3.0	1.0	768	$1,650	$2.15	4d	1	0.48mi
3603 16th Ave S Saint Petersburg, FL	4.0	2.0	1235	$3,000	$2.43	4d	1	0.51mi
4631 Queensboro Ave S St Petersburg, FL	3.0	2.0	1094	$2,600	$2.38	11d	1	0.51mi
4631 Queensboro Ave S Unit 4631 St. Petersburg, FL	3.0	2.0	1094	$2,600	$2.38	8d	1	0.51mi
4801 10th Ave S Unit 1 St. Petersburg, FL	3.0	1.0	1100	$2,200	$2.00	24d	1	0.55mi
4541 6th Ave S Saint Petersburg, FL	3.0	1.0	945	$1,100	$1.16	15d	1	0.57mi
505 43rd St S Unit 5051/2 St. Petersburg, FL	2.0	1.0	800	$2,000	$2.50	24d	1	0.57mi
4711 Fairfield Ave S Saint Petersburg, FL	3.0	2.0	1135	$2,800	$2.47	4d	1	0.61mi
2044 44th St S Saint Petersburg, FL	3.0	2.0	1384	$2,600	$1.88	22d	1	0.62mi
4933 13th Ave S Gulfport, FL	2.0	1.0	939	$2,200	$2.34	20d	1	0.66mi
4519 5th Ave S Saint Petersburg, FL	4.0	2.0	1448	$2,900	$2.00	3d	1	0.67mi
4618 20th Ave S Saint Petersburg, FL	2.0	1.0	921	$1,800	$1.95	3d	1	0.67mi
404 Madison St S Saint Petersburg, FL	3.0	1.0	1391	$2,500	$1.80	4d	1	0.68mi
1933 47th St S Saint Petersburg, FL	2.0	1.0	816	$1,595	$1.95	4d	1	0.71mi
450 47th St S Saint Petersburg, FL	3.0	1.0	960	$2,950	$3.07	4d	1	0.73mi
1227 Fargo St S Unit 1 St. Petersburg, FL	2.0	1.0	780	$1,600	$2.05	24d	1	0.74mi
4736 5th Ave S Saint Petersburg, FL	4.0	1.0	1224	$1,895	$1.55	4d	1	0.74mi
4601 22nd Ave S Saint Petersburg, FL	1.0–2.0	1.0	872	$1,349	$1.55	2d	3	0.76mi
4018 2nd Ave S Saint Petersburg, FL	3.0	1.0	1176	$2,095	$1.78	4d	1	0.77mi
4616 22nd Ave S Saint Petersburg, FL	2.0	1.0	1200	$2,400	$2.00	24d	1	0.78mi
1147 32nd St S Saint Petersburg, FL	2.0	1.0	780	$1,350	$1.73	15d	1	0.79mi
800 51st St S Gulfport, FL	3.0	2.0	1258	$3,200	$2.54	4d	1	0.80mi
4948 5th Ave S Saint Petersburg, FL	3.0	1.5	1379	$2,450	$1.78	4d	1	0.88mi
3421 4th Ave S Saint Petersburg, FL	2.0	1.5	938	$1,805	$1.92	4d	1	0.89mi
3801 1st Ave S Saint Petersburg, FL	2.0	1.0	900	$1,975	$2.19	18d	1	0.91mi
3550 2nd Ave S St. Petersburg, FL	2.0	1.0	720	$2,800	$3.89	24d	1	0.91mi
3246 20th Ave S Saint Petersburg, FL	2.0	1.0	864	$1,795	$2.08	24d	1	0.91mi
4665 Yarmouth Ave S Saint Petersburg, FL	2.0	1.0	826	$1,950	$2.36	24d	1	0.91mi

Listing history 9 events

1. 2026-02-18
   status Pending
2. 2026-02-18
   status Active
3. 2026-02-18
   price $110,000
4. 2025-02-26
   status Pending
5. 2025-02-25
   listed $101,000 Active
6. 2019-05-13
   status Pending
7. 2019-05-13
   historical
8. 2019-05-04
   listed $55,000 Active
9. 1997-07-23
   soldstatus $17,700

ⓘ 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: $873 · $73/mo
• Projected year-2 tax: $913 · $76/mo
• Expected delta: +$40/yr (+$3/mo · 4.6%)

ⓘ 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 ≥106°F today · 25 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: $29,506
• − Mortgage interest: −$6,162
• − Property taxes: −$873
• − Insurance: −$550
• − Repairs & maintenance: −$2,360
• − Management: −$2,360
• − Depreciation: −$3,200
• Taxable income: $14,001
• Est. tax owed @ 24.0%: −$3,360
• After-tax cash flow: $11,605/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

+521.5% since first listed

9 events — show timeline

• 2026-02-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-18 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-02-18 Price Changed $110,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-02-25 Listed $101,000 Stellar MLS as Distributed by MLS Grid
• 2019-05-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-05-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2019-05-04 Listed $55,000 Stellar MLS as Distributed by MLS Grid
• 1997-07-23 Sold (Public Records) $17,700 Public Records

Property tax history

+3.4%/yr

Latest (2025): $873 · +15.7% YoY. Source: county tax records.