Based on nearby comps and recent market data, this 4-bed, 2-bath, 1,420 sqft single-family in Greater Pinellas Point has a projected monthly rent potential of $2,400–$3,300. The most recent listing was at $3,100/mo, which aligns with upper-tier rents for renovated homes in this area. Annual gross revenue could thus range from $28.8K to $39.6K. At a current asking price near $459K, the estimated payback period is about 12–16 years, which is competitive for St. Pete. The neighborhood is stable, with steady demand and price growth. Modern updates, no flood risk, and proximity to beaches and downtown are strong differentiators, though the local school ratings and extreme wind/heat insurance needs could present slight challenges.
To maximize rental value, consider adding smart-home features, low-maintenance landscaping, and premium appliances if not already upgraded. Highlight the turnkey condition, no HOA, and newer systems in marketing. If selling, target investors seeking hassle-free properties with high rental demand. If holding, watch for further appreciation and possible rent growth as St. Pete continues to attract remote workers and families.