OFF_MARKETRisky Deal6 days on market

1461 87th Ave N

1461 87th Ave N, Saint Petersburg, FL 33702, Saint Petersburg, FL 33702
$1,100,000
Zestimate®:$993,000

Listing Price

Property image 1
1461 87th Ave N, Saint Petersburg, FL 33702
Loc: Saint Petersburg, FL
Days Listed
6
Tax Assessed
$712k
Zestimate®
$993k
Market Rate
Lot Size
0.25 acres
Rent Estimate
$5,224/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
0.7 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
11.4%
Cash Flow
$-1,577/mo
DSCR
0.72
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-19Price change$1,049,900$329
2026-07-15Price change$1,050,000$329
2026-05-20Listed for sale$1,100,000$344
2022-07-27Sold$682,000$213
2022-06-26Pending sale$699,000$219
2022-06-09Listed for sale$699,000$219
1998-06-23Sold$237,800$74

Tax History

YearProperty TaxTax Assessment
2025$12,064.68$648,262
2024$11,464.44$629,992
2023$11,488.12$578,492
2022$5,064.2$295,363
2021$5,135.2$286,760
2020$5,139.54$282,801
2019$5,046.05$276,443
2018$5,046.05$271,289
2017$4,973.56$265,709
2016$4,875.87$260,244
2015$4,943.82$258,435
2014$4,917.04$256,384
2013$4,883.45$252,595
2012$4,789.69$248,373
2011$0$241,139
2010$0$237,575
2009$0$231,329
2008$4,103.27$231,098
2007$0$227,092
2005$0$352,900
2004$4,469.95$270,400
2003$4,395.98$257,500
2002$4,256.77$233,900
2001$4,256.77$216,200
2000$4,123.49$197,800
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
3
Sq Ft
3,195
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: $1,100,000Rent Basis: Observed Comp Model ($5,224/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $550/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.15%

NOI: $34,690/yr

Cash-on-Cash Yield
-13.4%

On $253,000 invested

DSCR Ratio
0.51x

Negative debt coverage

5-Yr Leveraged ROI
+27.4%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$582/mo
Homeowner / Hazard Insurance-$550/mo
Vacancy Reserve (5% of rent)-$261/mo
Repairs & Maintenance (10% of rent)-$522/mo
Property Management (8% of rent)-$418/mo
Total Pure Operating Expenses-$2,333/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,224/mo
Less: Operating Expenses-$2,333/mo
Net Operating Income (NOI)+$2,891/mo
Less: Debt Service (30yr @ 6.75%)-$5,708/mo
Net Cash Flow
$-2,817/mo
$-33,802/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Saint Petersburg.