Real Estate Investing in Saint Petersburg, Florida (33716)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33716 (Saint Petersburg, FL)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Declining values: -0.7% 5-year CAGR — values have moved lower.
- Elevated vacancy: 11.6% vacancy may signal weakening demand.
- 1-year downturn: Values declined 6.3% in the last year.
What’s happening in Saint Petersburg, FL (33716)?
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Market Analysis: 33716 Saint Petersburg
ZIP 33716 inside Saint Petersburg, FL plays the steady-hand role. Median home values comes in at $163K, rents near $1,745/mo, and the trend line is consistent rather than flashy.
ZIP 33716 works best as a steady holding rather than a trade. The investment thesis is compounding, not catalysts.
Regionally, 33716 is a useful anchor. It does not move the weighted-average for a portfolio much, but it rarely drags it down either.
The resident base in 33716 has held steady over the past decade. A population of 18,995, a renter share near 81%, and a household-income profile tracking the county median all suggest a a viable market for demographic foundation.
Core portfolios, patient capital, and first-time landlords all tend to find 33716 a sensible holding. That consistency across investor types is the defining strategic feature.
Here's what matters if you're considering buying a home in Saint Petersburg:
Property Strategy for 33716
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $114,197 | $2,320 | 14.6% | +3.3% | $114,197 |
| 2BR | $155,090 | $2,700 | 12.5% | +4.3% | $77,545 |
| 3BR | $445,447 | $3,450 | 5.6% | +6.7% | $148,482 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33716 Compare?
| Metric | 33716 | Saint Petersburg | Tampa-St. Petersburg-Clearwater, FL | Florida |
|---|---|---|---|---|
| Home Value | $162,794 | $398,839 | N/A | $374,697 |
| 5-Year CAGR | N/A | 3.1% | N/A | 7.4% |
| Avg Rent | $1,745 | $2,178 | N/A | - |
| Cap Rate | 8.4% | 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 33716 (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 | $162,794 |
| Monthly Rent | $1,745 |
| Price-to-Rent | 7.8:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.9% |
| Cap Rate | 8.4% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | -6.3% ▼ |
| 3-Year CAGR | -9.6% ▼ |
| 5-Year CAGR | -0.7% ▼ |
| 10-Year CAGR | +4.0% ▲ |
🏠 Rent Trends
| 1-Year | -3.1% ▼ |
| 3-Year CAGR | -1.5% ▼ |
| 5-Year CAGR | +1.2% ▲ |
The estimated cap rate (8.4%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33716
Population: 18,995
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 33716
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
SAWGRASS LAKE ELEMENTARY SCHOOL
PINELLAS VIRTUAL FRANCHISE
LYNCH ELEMENTARY SCHOOL
SHORE ACRES ELEMENTARY SCHOOL
BAYSIDE HIGH 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 4,260 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
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.
How do home values compare in Saint Petersburg, FL?
Homes in Saint Petersburg, FL typically sell near $163K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
What kind of market is Saint Petersburg, FL for investors?
Investors tracking Saint Petersburg, FL will find a 4.0/5 rating supported by $163K median home values and $1,745/mo rents. That profile suits long-term holders targeting consistent returns.
Is Saint Petersburg, FL better for rentals, flips, or BRRRR?
Saint Petersburg, FL investors pursuing steady buy-and-hold investing. The underlying economics ($163K prices, $1,745/mo rents) make it a reasonable choice.
Are rents high in Saint Petersburg, FL?
Rents in Saint Petersburg, FL run near $1,745/mo. Compared with median home prices of $163K that produces solid gross yields for typical rentals.
You know 33716 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33716 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 33716 ranks in Tampa-St. Petersburg-Clearwater, FL
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