Real Estate Investing in Saint Petersburg, Florida (33713)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33713 (Saint Petersburg, FL)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.9% vacancy may signal weakening demand.
What’s happening in Saint Petersburg, FL (33713)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33713 Saint Petersburg
ZIP 33713 in Saint Petersburg, FL carries a healthy set of headwinds. Home values near $364K and rents of $2,158/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 33713 can be a an appealing option for hunting ground — but the discount at $364K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Saint Petersburg have seen price recovery that 33713 has not matched. Pinellas County data supports the view that the spread is structural rather than temporary.
Resident income in 33713 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 33713 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Saint Petersburg:
Property Strategy for 33713
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $189,560 | $1,600 | 6.1% | +9.4% | $189,560 |
| 2BR | $325,523 | $1,860 | 4.1% | +8.7% | $162,761 |
| 3BR | $417,308 | $2,380 | 4.1% | +9.0% | $139,103 |
| 4BR | $524,083 | $2,890 | 4.0% | +9.2% | $131,021 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33713 Compare?
| Metric | 33713 | Saint Petersburg | Tampa-St. Petersburg-Clearwater, FL | Florida |
|---|---|---|---|---|
| Home Value | $364,388 | $398,839 | N/A | $374,697 |
| 5-Year CAGR | 4.8% | 3.1% | N/A | 7.4% |
| Avg Rent | $2,158 | $2,178 | N/A | - |
| Cap Rate | 4.6% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33713 (Saint Petersburg, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 33713 (Saint Petersburg, FL)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Pinellas County
Manage rentals here? List your business →All County Southern Shores provides full-service residential property management in Myrtle Beach, SC and surrounding areas, focusing on maximizing investment returns and managing tenant relationships. summary from their website
All County Suncoast provides full-service residential property management in Saint Petersburg, FL and surrounding areas, focusing on maximizing investment returns and managing tenant relationships. summary from their website
Dennis Property Management offers rental agency and management services in the Tampa Bay area, including multi-family management, investor packages, and resources for homeowners and tenants. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $364,388 |
| Monthly Rent | $2,158 |
| Price-to-Rent | 14.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | -0.4% ▼ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 Rent Trends
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +5.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33713
Population: 31,835
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 33713
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
WOODLAWN ELEMENTARY SCHOOL
JOHN M. SEXTON ELEMENTARY SCHOOL
LEALMAN AVENUE ELEMENTARY SCHOOL
NEW HEIGHTS ELEMENTARY SCHOOL
NORTH SHORE ELEMENTARY SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,774 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Saint Petersburg, FL?
The median home value in Saint Petersburg, FL is roughly $364K. That puts it reasonable relative to the FL statewide average.
Where do rents currently stand in Saint Petersburg, FL?
Investors in Saint Petersburg, FL typically see rents near $2,158/mo per month against $364K home values - a solid setup for rental cash flow.
Is it easy to find good tenants in Saint Petersburg, FL?
Tenant demand in Saint Petersburg, FL is solid. The local workforce $2,158/mo rents across most rental classes.
What is it like being a landlord in Saint Petersburg, FL?
FL ranks as a landlord-friendly state for landlord-tenant law. Saint Petersburg generally follows the statewide framework, so landlords face reasonable operating rules.
Can I live-in-and-rent in Saint Petersburg, FL?
The house hack math a challenging in Saint Petersburg, FL. Owner-occupant buyers benefit from the $2,158/mo rents and $364K home values.
You know 33713 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33713 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 33713 ranks in Tampa-St. Petersburg-Clearwater, FL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 33713 (Saint Petersburg)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 33713 (Saint Petersburg, FL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.