Real Estate Investing in Saint Petersburg, Florida (33714)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33714 (Saint Petersburg, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 16.8% of homes vacant — above national norms.
What’s happening in Saint Petersburg, FL (33714)?
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Market Analysis: 33714 Saint Petersburg
ZIP 33714 inside Pinellas County looks affordable on the surface — median value of $274K — but the discount exists for reasons that a careful buyer should understand before committing.
From a cash-flow lens, the numbers look inviting — $274K purchase price, 0.0% nominal cap — the work to hit that pro forma in 33714 is substantial and deserves full respect.
Regionally, 33714 sits on the difficult end of the FL spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 33714 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 33714 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 33714
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $81,924 | $1,480 | 13.0% | +4.7% | $81,924 |
| 2BR | $234,820 | $1,730 | 5.3% | +8.4% | $117,410 |
| 3BR | $326,908 | $2,210 | 4.9% | +8.0% | $108,969 |
| 4BR | $401,063 | $2,690 | 4.8% | +7.4% | $100,266 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33714 Compare?
| Metric | 33714 | Saint Petersburg | Tampa-St. Petersburg-Clearwater, FL | Florida |
|---|---|---|---|---|
| Home Value | $274,293 | $398,839 | N/A | $374,697 |
| 5-Year CAGR | 3.5% | 3.1% | N/A | 7.4% |
| Avg Rent | $1,851 | $2,178 | N/A | - |
| Cap Rate | 5.3% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33714 (Saint Petersburg, FL). Anonymous, moderated, never written by AI.
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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 | $274,293 |
| Monthly Rent | $1,851 |
| Price-to-Rent | 12.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.3% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | -2.3% ▼ |
| 3-Year CAGR | -2.4% ▼ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +9.4% ▲ |
🏠 Rent Trends
| 1-Year | -2.7% ▼ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +6.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.3%). 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 33714
Population: 20,103
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 33714
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
MARJORIE KINNAN RAWLINGS ELEM
MOUNT VERNON ELEMENTARY SCHOOL
PINELLAS PARK ELEMENTARY SCHOOL
NINA HARRIS ESE CENTER
RICHARD L. SANDERS 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 does Saint Petersburg, FL stack up for property investment?
Yes - Saint Petersburg, FL a 3.0/5 investability score. With $274K home prices against $1,851/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the typical rental rate in Saint Petersburg, FL?
The typical rental in Saint Petersburg, FL commands about $1,851/mo monthly. That rent profile steady cash flow against the $274K purchase basis.
Do rentals sit vacant long in Saint Petersburg, FL?
Expect elevated vacancy in Saint Petersburg, FL. Rents at $1,851/mo are absorbed by the tenant base without meaningful lag.
How landlord-friendly is Saint Petersburg, FL?
The landlord environment in Saint Petersburg, FL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is Saint Petersburg, FL better for rentals, flips, or BRRRR?
Saint Petersburg, FL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($274K prices, $1,851/mo rents) make it a reasonable choice.
You know 33714 now. You don’t know where it ranks.
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How 33714 ranks in Tampa-St. Petersburg-Clearwater, FL
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