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1123 29th St, Saint Petersburg, FL 33712 — $185,000 · 2bd · ~1.1% rule | OnePercent

1123 29th St, Saint Petersburg, FL 33712

$185,000

Home·Saint Petersburg 33712·1123 29th St, Saint Petersburg, FL 33712

Confirmed 1 day ago · −7.5% since list · seller motivation 39

1123 29th St, Saint Petersburg, FL 33712

2 bd · 1 ba · 891 sqft · built 1924 · Saint Petersburg · SINGLE_FAMILY·source listing ↗

$185,000

$200,000 first listed

seller intel

Price cut

−7.5%

from $200,000

Motivation score

39/100

OnePercent model (vv1)$1,993/mo

p10–p90 confidence band

HUD Fair Market Rent · 33712 · 2BR$1,920/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Pinellas

Flood risk indexRelatively Low FEMA NRI

Median household income$60,450

Median area rent$1,623/mo

Median home value$326,000

the verdict

1.08%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$185,000

1.08% · rent $1,993

Intrinsic value · income approach

$305,484

39% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.