OFF_MARKETRisky Deal4 days on market
1201 87th Ave N
1201 87th Ave N, Saint Petersburg, FL 33702, Saint Petersburg, FL 33702
1201 87th Ave N, Saint Petersburg, FL 33702
Loc: Saint Petersburg, FL
Days Listed
4
Tax Assessed
$674k
Zestimate®
$776k
3% Under Valued
Lot Size
9,453 sqft
Rent Estimate
$4,729/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Sawgrass Lake Elementary School
PK-5
0.8 mi away
3
Meadowlawn Middle School
6-8
1.8 mi away
5
Northeast High School
PK,9-12
2.1 mi away
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit
Haven AI Verdict
Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.35%
Total ROI
53.3%
Cash Flow
$-1,175/mo
DSCR
0.70
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10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-06-05 | Sold | $780,000 | $289 |
| 2026-04-15 | Pending sale | $750,000 | $278 |
| 2026-04-09 | Listed for sale | $750,000 | $278 |
| 2024-04-10 | Listing removed | $0 | – |
| 2024-03-23 | Listed for rent | $4,750 | $2 |
| 2024-03-23 | Listing removed | $0 | – |
| 2024-02-24 | Listed for rent | $4,750 | $2 |
| 2023-02-22 | Listing removed | $0 | – |
| 2023-02-02 | Listed for rent | $4,900 | $2 |
| 2023-01-27 | Listing removed | $0 | – |
| 2023-01-18 | Price change | $4,900 | $2 |
| 2023-01-17 | Listed for rent | $5,500 | $2 |
| 2022-12-27 | Listing removed | $0 | – |
| 2022-12-12 | Price change | $5,500 | $2 |
| 2022-10-26 | Listed for rent | $6,000 | $2 |
| 2020-08-06 | Sold | $485,000 | $179 |
| 2020-06-21 | Pending sale | $489,000 | $181 |
| 2020-06-16 | Listed for sale | $489,000 | $181 |
| 2020-05-15 | Pending sale | $489,000 | $181 |
| 2020-05-13 | Listed for sale | $489,000 | $181 |
| 2020-05-09 | Pending sale | $489,000 | $181 |
| 2020-05-01 | Price change | $489,000 | $181 |
| 2020-03-20 | Price change | $499,000 | $185 |
| 2020-02-19 | Price change | $510,000 | $189 |
| 2020-02-10 | Listed for sale | $519,000 | $192 |
| 2020-01-30 | Pending sale | $519,000 | $192 |
| 2016-08-31 | Sold | $420,000 | $155 |
| 1997-02-06 | Sold | $175,000 | $65 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,636.86 | $476,180 |
| 2024 | $11,900.41 | $609,789 |
| 2023 | $6,245.69 | $357,031 |
| 2022 | $6,091.22 | $346,632 |
| 2021 | $6,181.58 | $336,536 |
| 2020 | $7,100.98 | $374,513 |
| 2019 | $6,978.61 | $366,093 |
| 2018 | $6,978.61 | $359,267 |
| 2017 | $6,884.04 | $351,878 |
| 2016 | $3,555.12 | $201,074 |
| 2015 | $3,604.9 | $199,676 |
| 2014 | $3,583.58 | $198,091 |
| 2013 | $3,556.21 | $195,164 |
| 2012 | $3,485.28 | $191,902 |
| 2011 | $0 | $186,313 |
| 2010 | $0 | $183,560 |
| 2009 | $0 | $178,734 |
| 2008 | $2,971.23 | $178,555 |
| 2007 | $0 | $173,354 |
| 2005 | $0 | $291,200 |
| 2004 | $3,266.78 | $230,500 |
| 2003 | $3,211.51 | $219,200 |
| 2002 | $3,104.15 | $191,600 |
| 2001 | $3,104.15 | $175,900 |
| 2000 | $3,003.41 | $148,000 |
Institutional Underwriting Ledger
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Data Sources:MLS List Price: $750,000Rent Basis: Observed Comp Model ($4,729/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $375/mo
Haven ScoreRisky
1/ 10
Multi-factor yield grade
Cap Rate (Unleveraged)
4.35%
NOI: $32,593/yr
Cash-on-Cash Yield
-8.2%
On $172,500 invested
DSCR Ratio
0.70x
Negative debt coverage
5-Yr Leveraged ROI
+53.3%
Equity + cumulative cash
Financing Scenario Controls
Adjust down payment & rates to model your personalized returnMonthly Cash Flow Breakdown
Monthly Operating Deductions
Property Taxes (0.98% of basis)-$550/mo
Homeowner / Hazard Insurance-$375/mo
Vacancy Reserve (5% of rent)-$236/mo
Repairs & Maintenance (10% of rent)-$473/mo
Property Management (8% of rent)-$378/mo
Total Pure Operating Expenses-$2,013/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,729/mo
Less: Operating Expenses-$2,013/mo
Net Operating Income (NOI)+$2,716/mo
Less: Debt Service (30yr @ 6.75%)-$3,892/mo
Net Cash Flow
$-1,175/mo
$-14,106/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
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