Real Estate Investing in Pinellas Park, Florida (33782)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33782 (Pinellas Park, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 13.1% of homes vacant — above national norms.
What’s happening in Pinellas Park, FL (33782)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33782 Pinellas Park
This part of Pinellas County is not an easy win. The 33782 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 33782 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
On balance, 33782 offers a low basis, the region around Pinellas Park has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 33782 ZIP's population of 22,607 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
The right play in 33782 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Pinellas Park:
Property Strategy for 33782
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $258,359 | $2,280 | 6.4% | +6.2% | $129,179 |
| 3BR | $342,251 | $2,910 | 6.1% | +7.4% | $114,084 |
| 4BR | $400,021 | $3,550 | 6.4% | +7.1% | $100,005 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33782 Compare?
| Metric | 33782 | Pinellas Park | Tampa-St. Petersburg-Clearwater, FL | Florida |
|---|---|---|---|---|
| Home Value | $298,603 | $304,770 | N/A | $374,697 |
| 5-Year CAGR | 3.0% | 3.5% | N/A | 7.4% |
| Avg Rent | $2,104 | $2,101 | N/A | - |
| Cap Rate | 5.5% | 5.4% | - | - |
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 33782 (Pinellas Park, 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 | $298,603 |
| Monthly Rent | $2,104 |
| Price-to-Rent | 11.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.5% |
| Cap Rate | 5.5% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | -1.9% ▼ |
| 3-Year CAGR | -2.6% ▼ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +0.9% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.5%). 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 33782
Population: 22,607
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 33782
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
MARJORIE KINNAN RAWLINGS ELEM
PINELLAS PARK ELEMENTARY SCHOOL
NINA HARRIS ESE CENTER
RICHARD L. SANDERS SCHOOL
PINELLAS SECONDARY 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 1,190 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Pinellas Park, FL?
Pinellas Park, FL median home values land near $299K. That is reasonable territory for investors looking at $2,104/mo-per-month rentals.
Is the tenant base reliable in Pinellas Park, FL?
Pinellas Park, FL draws a reliable base of working renters. Demand at the $2,104/mo rent level is reasonable for standard single-family and small multi rentals.
What is the smart move for investors in Pinellas Park, FL?
The best-fit strategy in Pinellas Park, FL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Pinellas Park, FL a good market for FHA house hackers?
For house hackers, Pinellas Park, FL is a challenging. The $2,104/mo rent on a unit helps defray the mortgage on a $299K property.
Is Pinellas Park, FL a friendly market for rental owners?
Landlord-friendliness in Pinellas Park, FL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 33782 now. You don’t know where it ranks.
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How 33782 ranks in Tampa-St. Petersburg-Clearwater, FL
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