What is the rental yield in Alta Mar at Broadwater Apartments?

The gross yield in Alta Mar at Broadwater Apartments is 8.4. That sits with prices about 10% below the city median and 18% above the state median. Over the past year, prices rose 10.8, while the Red Flag score is 71.

How does Alta Mar at Broadwater Apartments compare with Saint Petersburg, Florida?

Alta Mar at Broadwater Apartments is about 10% below the city median in Saint Petersburg, Florida and 18% above the state median. Its gross yield of 8.4 is paired with a 10.8 rise over the past year, while walkability is 31 and the Red Flag score is 71.

What are the walkability and education scores in Alta Mar at Broadwater Apartments?

Alta Mar at Broadwater Apartments has walkability of 31 and education in the 50th percentile. Those figures come with a gross yield of 8.4 and prices about 10% below the city median. Over the past year, prices rose 10.8, and the Red Flag score is 71.

Neighborhood

Alta Mar at Broadwater Apartments

Saint Petersburg, Florida US

Alta Mar at Broadwater Apartments in Saint Petersburg, Florida has an income-focused profile, with a gross yield of 8.4 and prices about 10% below the city median, while sitting about 18% above the state median. Over the past year, prices rose 10.8, indicating strong recent growth. Walkability is 31, education is in the 50th percentile, and the Red Flag score is 71, the highest in this set.

AI Summary•Updated May 2026

Area

3.47 mi²

ZIP Code

33711

County

Pinellas County

State

Florida

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$341,898

YoY+10.8%

Gross Rental Yield

8.4%

Listed rent · ZORI annualized

Red Flag Index

High

71 / 100

Walkability Score

Car-Dependent

OpenStreetMap POI density · national percentile

Education Score

50 / 100

Fair · better than 50% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Good

DistrictScore attractiveness · national model

Alta Mar at Broadwater Apartments Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Alta Mar at Broadwater Apartments, Saint Petersburg.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$341,898	+10.8%
Price / Sq Ft (Verified)	$274/sqft	+6.7%
Asking Rent (Median)	$2,402/mo	+0.1%
Gross Rental Yield	8.4%	—
Liquidity Score	35 / 100	Moderate
Homes Sold (Period)	118	+26.9%

Is Alta Mar at Broadwater Apartments Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Florida crime context.

Red Flag Breakdown

71 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Flood100Very High

Hurricane100Very High

Wildfire80Very High

Tornado80Very High

Heat60High

Hail60High

Earthquake20Low

Strong Wind20Low

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Florida averaged 16.9 crimes and 2.7 violent per 1,000 residents (-4.5% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Above-average gross rental yield at 8.4%

Appreciating market — +10.8% sale-price YoY

Active transaction volume — 118 homes sold last period

Flood risk is Very High (100/100)

Hurricane risk is Very High (100/100)

Insights are generated from Alta Mar at Broadwater Apartments's live DistrictScore metrics.

Alta Mar at Broadwater Apartments Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Florida-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

6.0 µg/m³ Meets EPA, above WHO guideline+37.4% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Alta Mar at Broadwater Apartments centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 49% of U.S. neighborhoods.

Florida Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	16.9	2.7	-4.5%
2023	18.0	2.9	-2.3%
2022	19.0	2.9	+4.4%
2021	18.6	3.4	-13.5%
2020	21.5	3.8	-13.7%
2019	25.2	3.8	—

Reported at the state level — the finest official US crime aggregation; Alta Mar at Broadwater Apartments inherits the Florida figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Alta Mar at Broadwater Apartments

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Industrial odor3 nearbyVery High

Point-source screening near Alta Mar at Broadwater Apartments: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Alta Mar at Broadwater Apartments

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

31

Car-Dependent

Walkability Score

9

Grocery

10

Dining

1

Schools

1

Universities

0

Hospitals

1

Pharmacies

7

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Alta Mar at Broadwater Apartments's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Alta Mar at Broadwater Apartments vs Saint Petersburg vs Florida

How Alta Mar at Broadwater Apartments benchmarks against its city and state medians.

Benchmark vs City & State

Across Alta Mar at Broadwater Apartments, the median sale price sits about 10% below the median for Saint Petersburg neighborhoods and about 18% above the statewide median. Gross rental yield is 8.4%, against 6.1% for Saint Petersburg neighborhoods and 6.2% statewide. Over the past 12 months, prices rose 10.8%. Transaction liquidity sits below the median for Saint Petersburg neighborhoods and in line with the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Alta Mar at Broadwater Apartments	$274/sqft	8.4%	35
Saint Petersburg	$306/sqft	6.1%	38
Florida	$232/sqft	6.2%	36

Unlock the Alta Mar at Broadwater Apartments benchmark

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Buying Property in the US as a Foreigner

Federal & Florida tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.76% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No state capital gains tax.

Transfer Tax

Real estate transfer tax: documentary stamp $0.70 per $100 ($0.60 in Miami-Dade).

Assessment Cap

Save Our Homes caps homestead assessment growth at 3%/CPI; reassessed to market value on sale.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents8

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Homestead Exemption

Homestead: up to $50,000 off taxable value, plus unlimited protection from most creditors.

Senior & Veteran Exemptions

Extra $50,000 senior exemption plus property-tax discounts for veterans.

Foreign buyers (non-residents)6

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Foreign Ownership Restrictions

SB 264 restricts buyers from 7 countries of concern (incl. China) from residential property near sensitive sites. Verify first.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Florida property-tax guidance for foreign buyers

Latest Saint Petersburg Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Alta Mar at Broadwater Apartments Real Estate FAQ

Alta Mar at Broadwater Apartments in Saint Petersburg, Florida has an income-focused profile with a gross yield of 8.4. Prices are about 10% below the city median and 18% above the state median. Over the past year, prices rose 10.8, and the Red Flag score is 71.

Neighborhoods near Alta Mar at Broadwater Apartments

Compare Alta Mar at Broadwater Apartments with nearby neighborhoods in Saint Petersburg.

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