2011 Auburn St S · St. Petersburg, FL 33712

$218,000

3 bd · 1.0 ba · 1,096 sqft · SingleFamily public records · 178 Days on market

Built 1926 3,881 sqft lot Est $277k · 21% 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 +20.7/30.0
• ARV discount +15.0/15.0
• DSCR +6.6/10.0
• 1% rule +4.9/10.0
• Schools +4.3/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Cash-flowing investment property now available in a prime St. Petersburg location. This 3 bedroom, 1 bathroom concrete block home is less than one mile from the interstate, providing quick access to Downtown St. Pete, Tampa Bay, and Sarasota. Offering approximately 1,096 square feet of living space, the home features attractive stone accents inside and out, a fireplace, a split floor plan, and ample room to update and add value. The lot design includes an extended driveway and front entrance, creating reduced yard maintenance and additional parking. Auburn Street Community Park is just a short distance away, offering a basketball court, pavilion, and playground areas for outdoor enjoyment.

Key facts

• Split floor plan
• Additional parking
• Extended driveway

Tags

• PRIME ST PETERSBURG LOCATION
• STONE ACCENTS INSIDE AND OUT
• SPLIT FLOOR PLAN
• EXTENDED DRIVEWAY
• REDUCED YARD MAINTENANCE
• ADDITIONAL PARKING

Property features AI

Finance

• Other: Residential property (single family); Living area approximately 1,096 square feet
• Financial info: No lease restrictions; Unfurnished
• HOA & community: No HOA association indicated

Exterior

• Parking: Driveway
• Security: No security features specified
• Utilities: Public water; Public sewer; Public utilities
• Home design: Single family residence; One story; Facing east; Completed condition
• Construction: Block and stucco construction; Shingle roof; Concrete perimeter foundation; Built on a lot approximately 0.09 acres (64 x 62)
• Exterior features: Sidewalk; Paved road access; Located within city limits; Near public transit

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning; Family room fireplace
• Interior features: No interior features specified
• Laundry & utility: No laundry on record; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $218k.

Deal economics

• At list price, monthly cash flow is $295 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $216k (1.0% below list).
• Recommended offer: $192k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% 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 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: Melrose Elementary School (math 37% / reading 27%, grade F, #1,797 of 2,144 statewide, top 86%, 322 students, 93% FRL); Gibbs High School (math 26% / reading 41%, grade F, #400 of 667 statewide, top 61%, 1,160 students, 64% FRL) — zoned schools average 79% FRL vs 48% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 33% at this address vs 51% district-wide (-18 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 (-0.8%/yr); 204 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 4d 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 $2k of loan paydown is wiped out by about $7k 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 178 days — a 12% lower offer ($192k) is reasonable based on typical stale-listing flexibility.
• 5 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.
• Current owner paid $27k; list at $218k implies a 716% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $191,840 (12.0% below list)

Questions for the listing agent

1. It's been on market 178 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1926 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. 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: 0.99% ✗
• Cap rate: 7.91%
• Cash-on-cash: 5.79%
• DSCR: 1.26
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $277,288
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1931 24th St S	0.26mi	3/1.0	1,038 (-5%)	10mo	$215,000	$207	71
2487 15th Ave S	0.46mi	3/2.0	1,125 (+3%)	6mo	$285,000	$253	65
3227 Queensboro Ave S	0.54mi	3/2.0	1,144 (+4%)	2mo	$235,000	$205	62
2551 17th Ave S	0.33mi	3/2.0	1,176 (+7%)	8mo	$345,000	$293	61
1742 31st St S	0.37mi	3/1.5	988 (-10%)	9mo	$264,855	$268	57
2534 22nd St S	0.55mi	3/2.0	1,156 (+6%)	5mo	$366,000	$317	57
2534 19th St S	0.75mi	3/2.0	1,160 (+6%)	2mo	$205,000	$177	50
3127 Oakley Ave S	0.52mi	3/1.0	950 (-13%)	6mo	$245,000	$258	48
2226 Union St S	0.53mi	2/1.0 (-1)	959 (-12%)	4mo	$98,000	$102	47
1962 15th Ave S	0.74mi	3/1.0	1,245 (+14%)	3mo	$122,000	$98	40
2333 22nd St S	0.47mi	2/2.5 (-1)	947 (-14%)	12mo	$320,000	$338	34
3458 17th Ave S	0.70mi	2/1.0 (-1)	932 (-15%)	12mo	$215,000	$231	27

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: -10.6%
• Equity multiple: 0.62×
• Total profit: $-22,916
• Equity at exit: $32,505

10-year hold

• IRR: -5.9%
• Equity multiple: 0.67×
• Total profit: $-20,351
• Equity at exit: $18,849

Cash invested: $61,040 (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 33712

• Rents YoY: -0.8%
• Active inventory: 204
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $2,159 high
• Mortgage (P&I): −$1,143
• Tax from tax record: −$177 /mo · $2,120/yr
• Insurance: −$91
• HOA: −$0
• Vacancy / Maint / Mgmt: −$453
• Net cashflow: $295

Break-even live

Break-even rent $1,786

Max offer price $218,000

Occupancy floor 81%

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: $54,500
• Closing costs: $6,540
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1827 Auburn St S Saint Petersburg, FL	3.0	1.0	1056	$1,855	$1.76	4d	1	0.10mi
2710 22nd Ave S Saint Petersburg, FL	3.0	1.0	1083	$2,450	$2.26	3d	1	0.14mi
1930 Walton St S Saint Petersburg, FL	3.0	1.0	814	$2,000	$2.46	4d	1	0.23mi
2423 Auburn St S Saint Petersburg, FL	3.0	2.0	1057	$1,650	$1.56	24d	1	0.26mi
2425 Auburn St S Saint Petersburg, FL	3.0	2.0	1092	$2,195	$2.01	3d	1	0.27mi
2410 18th Ave S Saint Petersburg, FL	4.0	1.0	927	$1,895	$2.04	4d	1	0.29mi
1901 31st St S Unit 1/2 St. Petersburg, FL	2.0	1.0	721	$1,950	$2.70	3d	1	0.34mi
2551 26th Ave S Saint Petersburg, FL	4.0	2.0	1248	$2,395	$1.92	4d	1	0.36mi
2244 21st Ave S Saint Petersburg, FL	3.0	1.0	1229	$2,250	$1.83	4d	1	0.37mi
2010 22nd St S Saint Petersburg, FL	3.0	1.0	1036	$1,695	$1.64	4d	1	0.44mi
2728 14th Ave S St. Petersburg, FL	3.0	2.0	1257	$2,100	$1.67	7d	1	0.44mi
1361 29th St S Saint Petersburg, FL	3.0	1.0	819	$2,400	$2.93	24d	1	0.47mi
2245 17th Ave S Saint Petersburg, FL	4.0	2.0	1058	$2,400	$2.27	4d	1	0.48mi
2547 14th Ave S Saint Petersburg, FL	2.0	1.0	726	$2,800	$3.86	4d	1	0.49mi
3246 20th Ave S Saint Petersburg, FL	2.0	1.0	864	$1,795	$2.08	24d	1	0.50mi
3091 15th Ave S St. Petersburg, FL	3.0	2.0	1000	$2,195	$2.19	24d	1	0.50mi
3089 15th Ave S Saint Petersburg, FL	3.0	2.0	1000	$2,195	$2.19	4d	1	0.51mi
2231 15th Ave S Saint Petersburg, FL	2.0	1.0	768	$1,900	$2.47	4d	1	0.56mi
2435 20th St S Unit 1 St. Petersburg, FL	4.0	2.0	1230	$2,650	$2.15	24d	1	0.65mi
1911 22nd Ave S St Petersburg, FL	4.0	2.0	1424	$3,000	$2.11	2d	1	0.66mi
1847 19th St S Saint Petersburg, FL	3.0	2.0	1203	$2,295	$1.91	4d	1	0.66mi
1828 20th Ave S Saint Petersburg, FL	3.0	1.0	1015	$1,650	$1.63	24d	1	0.70mi
1400 21st St S Saint Petersburg, FL	4.0	2.0	1487	$2,970	$2.00	7d	1	0.71mi
1227 Fargo St S Unit 1 St. Petersburg, FL	2.0	1.0	780	$1,600	$2.05	24d	1	0.73mi
1147 32nd St S Saint Petersburg, FL	2.0	1.0	780	$1,350	$1.73	14d	1	0.73mi
2020 14th Ave S Unit A St. Petersburg, FL	2.0	2.0	1000	$1,920	$1.92	7d	1	0.73mi
2028 14th Ave S Unit A St. Petersburg, FL	2.0	2.0	1000	$1,920	$1.92	24d	1	0.73mi
2524 19th St S Saint Petersburg, FL	4.0	2.0	1230	$2,495	$2.03	24d	1	0.75mi
2505 18th St S Saint Petersburg, FL	3.0	2.0	1198	$2,350	$1.96	3d	1	0.76mi
1920 14th Ave S Saint Petersburg, FL	3.0	2.0	1073	$1,865	$1.74	24d	1	0.78mi
1760 Queen St S Saint Petersburg, FL	3.0	1.0	1004	$2,000	$1.99	4d	1	0.80mi
2621 18th St S Saint Petersburg, FL	3.0	1.0	1114	$2,200	$1.97	24d	1	0.80mi
3301 32nd Ave S Saint Petersburg, FL	1.0–2.0	1.0–2.0	914	$2,750	$3.01	3d	10	0.82mi
3603 16th Ave S Saint Petersburg, FL	4.0	2.0	1235	$3,000	$2.43	4d	1	0.83mi
1771 15th Ave S Saint Petersburg, FL	2.0	1.0	800	$1,195	$1.49	3d	1	0.86mi
1763 Preston St S Saint Petersburg, FL	3.0	1.0	1158	$2,350	$2.03	24d	1	0.86mi
3535 14th Ave S Saint Petersburg, FL	3.0	1.0	768	$1,650	$2.15	4d	1	0.88mi
1665 37th St S Saint Petersburg, FL	3.0	1.0	867	$1,850	$2.13	10d	1	0.89mi
1650 Prescott St S Saint Petersburg, FL	3.0	1.0	960	$2,100	$2.19	4d	1	0.93mi
3627 29th Ave S Saint Petersburg, FL	2.0	1.0	1040	$2,000	$1.92	7d	1	0.94mi

Listing history 11 events

1. 2026-05-31
   days on market $218,000 Active 178 DOM
2. 2025-12-04
   listed $218,000 Active
3. 2025-06-20
   historical
4. 2025-04-18
   price $275,000
5. 2025-02-13
   price $285,000
6. 2024-12-20
   listed $299,900 Active
7. 2009-08-31
   historical
8. 2009-07-01
   listed $100,000
9. 2008-11-23
   listed $85,000
10. 2006-05-24
    listed $115,000
11. 1984-06-01
    soldstatus $26,700

ⓘ 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: $2,120 · $177/mo
• Projected year-2 tax: $2,120 · $177/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 6 d/yr ≥106°F today · 23 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: $25,903
• − Mortgage interest: −$12,211
• − Property taxes: −$2,120
• − Insurance: −$1,090
• − Repairs & maintenance: −$2,072
• − Management: −$2,072
• − Depreciation: −$6,342
• Taxable loss: −$5
• Est. tax savings @ 24.0%: +$1
• After-tax cash flow: $3,536/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): 27,142
• Household income: $60,450
• Rent vs Own: 43.2% rent · 56.8% own
• Severe rent burden: 1928.0

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 Black (68%)
• Race & ethnicity: Black 68% White 23% Two or more races 6% Hispanic / Latino 4%
• Common ancestry: Lithuanian 1% Slovak 1% Estonian 1%
• Foreign-born: 7% · Canada, Jamaica
• Languages at home: 92% English-only · French/Haitian/Cajun 3% Spanish 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: ▼ -275.45%
• Current HPI: 412.7251
• Rent YoY: ▼ -0.77%
• 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

+716.5% since first listed

10 events — show timeline

• 2025-12-04 Listed $218,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-04-18 Price Changed $275,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-13 Price Changed $285,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-20 Listed $299,900 Stellar MLS as Distributed by MLS Grid
• 2009-08-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2009-07-01 Listed $100,000 Stellar MLS as Distributed by MLS Grid
• 2008-11-23 Listed $85,000 Stellar MLS as Distributed by MLS Grid
• 2006-05-24 Listed $115,000 Stellar MLS as Distributed by MLS Grid
• 1984-06-01 Sold (Public Records) $26,700 Public Records

Property tax history

+11.6%/yr

Latest (2025): $2,120 · +15.5% YoY. Source: county tax records.