1301 E 26th Ave · Tampa, FL 33605

$215,000

2 bd · 1.0 ba · 936 sqft · SingleFamily public records · 20 Days on market

Built 1949 4,830 sqft lot

---

Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +12.2/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• DSCR +3.6/10.0
• 1% rule +2.8/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0

Listing remarks

Welcome to this charming bungalow-style corner home located in one of Tampa’s fastest-growing areas. This property features soaring ceilings, a spacious fenced backyard with extended parking, and a brand-new 2025 metal roof. Currently tenant-occupied with a Section 8 lease at $1,500/month through September 2026, offering immediate cash flow with flexibility for the new owner to renew, increase rents, or explore other opportunities including Airbnb. No HOA, no CDD, and no flood zone. Conveniently located 2 miles from Downtown Tampa, Ybor, Riverwalk, Armature Works, I-4, I-275, and the new Gasworx development. Whether you’re an investor or future homeowner, this is a prime opportu

Key facts

• Corner home
• Extended parking
• Bungalow style

Tags

• BUNGALOW STYLE
• CORNER HOME
• FENCED BACKYARD
• EXTENDED PARKING
• BRAND NEW METAL ROOF
• NO HOA

Property features AI

Finance

• Other: Property type: Residential, Single Family Residence; Zoning: RS-50; Lot approximately 0.11 acres (46 x 105); Living area reported as 936 square feet (building area 1,128 sq ft); Unfurnished; No water access or water view; Directions: North on Nebraska Ave to 26th Avenue, turn right
• HOA & community: No HOA association indicated

Exterior

• Utilities: Public sewer; Electricity connected; Cable available; Broadband/high-speed internet available; Public utilities
• Home design: Single family residence; Residential property; One story; Faces north; Entry level: One
• Construction: Vinyl siding and frame construction; Metal roof; Crawlspace foundation; Built as a single-story building
• Exterior features: Private mailbox; Asphalt and concrete road access

Interior

• Kitchen: Convection oven; Cooktop; Freezer; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; High ceilings; Thermostat
• Laundry & utility: Interior laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-44 ($-530/yr) — negative.
• To cash-flow at today's rent, offer at most $207k (3.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $168k (21.9% below list).
• Recommended offer: $168k (21.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 79/100 on livability (#142 in FL, #2,135 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, crime D+.
• Hillsborough (suburban): math 47% / reading 50% proficiency, ranked #41 of 73 in FL (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 190 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• At $1,680/mo this rent would consume 55% of the median local household income ($37k/yr) (locally 1374% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $23k of equity ($1k loan paydown + $22k appreciation (10.0% local appreciation)).
• Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 0.6% rent growth), your $60k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($212k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $35k; list at $215k implies a 514% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $168,014 (21.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.78% ✗
• Cap rate: 6.05%
• Cash-on-cash: -0.88%
• DSCR: 0.96
• GRM: 10.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 0.58% rent growth · sell at horizon

5-year hold

• IRR: 22.9%
• Equity multiple: 2.83×
• Total profit: $110,244
• Equity at exit: $193,689

10-year hold

• IRR: 20.0%
• Equity multiple: 6.31×
• Total profit: $319,440
• Equity at exit: $417,698

Cash invested: $60,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33605

• Home prices YoY: 3.7%
• Rents YoY: 0.6%
• Active inventory: 190
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $1,680 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$154 /mo · $1,853/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$353
• Net cashflow: $-44

Break-even live

Break-even rent $1,736

Max offer price $207,202

Occupancy floor 98%

Sensitivity live

Price	-10% $78	-5% $17	+0% $-44	+5% $-105	+10% $-166
Rent	-10% $-177	-5% $-111	+0% $-44	+5% $22	+10% $89
Rate	-1.0pp $64	-0.5pp $11	base $-44	+0.5pp $-100	+1.0pp $-157

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1212 E 25th Ave Tampa, FL	2.0	1.0	1035	$1,490	$1.44	20d	1	0.08mi
3411 N 13th St Tampa, FL	3.0	2.0	978	$1,895	$1.94	25d	1	0.09mi
1105 E 28th Ave Tampa, FL	3.0	1.0	744	$1,525	$2.05	5d	1	0.20mi
1302 E 21st Ave Tampa, FL	1.0–2.0	1.0–2.0	800	$1,408	$1.76	0d	8	0.22mi
1006 E 26th Ave Tampa, FL	2.0	1.0	1000	$1,630	$1.63	5d	1	0.24mi
3005 Sanchez St Unit 3 Tampa, FL	1.0	1.0	550	$995	$1.81	25d	1	0.28mi
3005 Sanchez St Unit 5 Tampa, FL	2.0	1.0	750	$1,050	$1.40	0d	1	0.28mi
3005 Sanchez St Unit 5 Tampa, FL	2.0	1.0	750	$1,050	$1.40	3d	1	0.28mi
3005 Sanchez St Apt 4 Tampa, FL	1.0	1.0	550	$900	$1.64	3d	1	0.28mi
3005 Sanchez St Apt 4 Tampa, FL	1.0	1.0	550	$900	$1.64	0d	1	0.28mi
1003 E 22nd Ave Tampa, FL	2.0	1.0	1062	$1,639	$1.54	5d	1	0.31mi
1605 E 29th Ave Tampa, FL	3.0	1.0	870	$1,800	$2.07	21d	1	0.33mi
2907 N 15th St Unit D Tampa, FL	3.0	2.0	888	$1,850	$2.08	5d	1	0.36mi
1515 E 31st Ave Tampa, FL	2.0	1.0	914	$1,500	$1.64	5d	1	0.37mi
1014 E 31st Ave Unit A Tampa, FL	2.0	1.0	600	$1,149	$1.92	25d	1	0.39mi
1014 E 31st Ave Unit B Tampa, FL	1.0	1.0	550	$899	$1.63	0d	1	0.39mi
912 E Saint Clair St Tampa, FL	2.0	1.0	1000	$1,900	$1.90	25d	1	0.40mi
1211 E 18th Ave Unit 2 Tampa, FL	2.0	1.0	725	$1,800	$2.48	18d	1	0.40mi
2810 N 16th St Tampa, FL	2.0	1.0	1066	$2,550	$2.39	13d	1	0.43mi
2909 N 17th St Tampa, FL	2.0	1.0	750	$1,350	$1.80	22d	1	0.44mi
1307 E 17th Ave Unit El Cafecito Loft Tampa, FL	1.0	1.0	600	$1,450	$2.42	25d	1	0.45mi
1607 E 18th Ave Tampa, FL	2.0	1.0	869	$2,600	$2.99	13d	1	0.47mi
1212 E Columbus Dr Unit DOWN Tampa, FL	1.0	1.0	576	$1,350	$2.34	0d	1	0.47mi
709 E James St Tampa, FL	2.0	1.0	768	$1,695	$2.21	13d	1	0.48mi
1504 E 33rd Ave Tampa, FL	3.0	2.0	1108	$2,900	$2.62	25d	1	0.49mi
809 E Baker St Unit A Tampa, FL	3.0	1.0	1083	$2,200	$2.03	25d	1	0.50mi
1221 E Columbus Dr Tampa, FL	2.0	1.0	1000	$1,499	$1.50	25d	1	0.51mi
1301 E Columbus Dr Unit 1 Tampa, FL	1.0	1.0	750	$1,995	$2.66	25d	1	0.51mi
1716 E Columbus Dr Unit A Tampa, FL	2.0	1.0	924	$1,800	$1.95	25d	1	0.58mi
2817 N Taliaferro Ave Tampa, FL	1.0	1.0	650	$1,275	$1.96	25d	1	0.58mi
2817 N Taliaferro Ave Unit 3 Tampa, FL	1.0	1.0	650	$1,275	$1.96	18d	1	0.58mi
1003 E 15th Ave Tampa, FL	1.0	1.0	750	$1,275	$1.70	25d	1	0.59mi
2205 Chipco St Tampa, FL	2.0	1.0	1100	$1,600	$1.45	25d	1	0.66mi
4207 N 13th St Unit A Tampa, FL	2.0	2.0	832	$2,150	$2.58	25d	1	0.68mi
2006 E Columbus Dr Unit A Tampa, FL	2.0	1.0	896	$1,495	$1.67	2d	1	0.71mi
2104 E Columbus Dr Unit 301 Tampa, FL	3.0	2.0	1083	$2,050	$1.89	25d	1	0.77mi
933 E 11th Ave Tampa, FL	2.0	1.0	904	$1,590	$1.76	25d	1	0.78mi
503 E Columbus Dr Unit 1 Tampa, FL	2.0	1.5	1000	$2,400	$2.40	25d	1	0.79mi
311 E Floribraska Ave Unit A Tampa, FL	2.0	2.0	800	$2,250	$2.81	18d	1	0.82mi
1709 E Chelsea St Unit F Tampa, FL	2.0	1.0	1041	$1,625	$1.56	24d	1	0.83mi

Listing history 3 events

1. 2026-06-21
   days on market $215,000 Active 20 DOM
2. 2026-06-18
   remarks 687-char remark
3. 2026-06-18
   listed $215,000 Active 17 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,853 · $154/mo
• Projected year-2 tax: $1,853 · $154/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,162
• − Mortgage interest: −$12,043
• − Property taxes: −$1,853
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,613
• − Management: −$1,613
• − Depreciation: −$6,255
• Taxable loss: −$4,290
• Est. tax savings @ 24.0%: +$1,030
• After-tax cash flow: $500/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hillsborough
• NCES district ID: 1200870
• Math proficiency: 47% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $50,622
• Composite: 41.6/100
• National rank: #3435
• State rank: #41 of 73 in FL

Livability — Tampa

• Score: 79/100
• State rank: #142
• US rank: #2135

Category grades

Amenities B- Commute A+ Cost of living B Crime D+ Employment C Housing A+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tampa, FL
• County: Hillsborough County · 1,540,968 people
• City population: 523,346
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 16,030
• Household income: $36,975
• Rent vs Own: 59.8% rent · 40.2% own
• Severe rent burden: 1374.0

Population outlook (Hillsborough County) Hauer SSP2

• Today (2025): 1,607,022 people
• By 2030: 1,733,968 · +7.9%
• By 2040: 1,979,565 · +23.2%
• By 2050: 2,203,427 · +37.1%
• By 2075: 2,667,893 · +66.0%
• By 2100: 2,891,558 · +79.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: Black 48% Hispanic / Latino 28% Two or more races 18% White 17% Asian 1%
• Hispanic origin (detail): Mexican 6% Puerto Rican 8% Cuban 6% Dominican 1%
• Common ancestry: Hispanic 2% Romanian 1% Lithuanian 1%
• Foreign-born: 17% · Canada, Vietnam, Jamaica
• Languages at home: 72% English-only · Spanish 24% French/Haitian/Cajun 3% Other Asian/Pacific 1%

Political lean MEDSL · Hillsborough

• 2024 margin: Toss-up / Even · D 47.8% · R 50.9% · Other 1.3%
• 2008→2024 swing: -10.2pp toward R · 2008: 7.1pp · 2024: -3.1pp
• All cycles: 2024: R+3.1 2020: D+6.9 2016: D+6.8 2012: D+6.7 2008: D+7.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 17.43%
• Current HPI: 494.1871
• Rent YoY: ▲ 0.58%
• Metro: Tampa-St. Petersburg-Clearwater, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+514.3% since first listed

6 events — show timeline

• 2026-06-01 Listed $215,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-23 Rental Removed $1,495 STELLARMLS
• 2025-06-06 Listed for Rent $1,495 STELLARMLS
• 2025-05-19 Rental Removed $1,495 STELLARMLS
• 2025-04-11 Listed for Rent $1,495 STELLARMLS
• 2001-06-05 Sold (Public Records) $35,000 Public Records

Property tax history

+10.5%/yr

Latest (2025): $1,853 · +12.0% YoY. Source: county tax records.