7612 Sunshine Bridge Ave · Gibsonton, FL 33534

$379,900

4 bd · 3.0 ba · 2,600 sqft · SingleFamily public records · 107 Days on market

Built 2018 4,567 sqft lot $120/mo HOA · 4% of rent ↓ 5% since listing

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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 +10.2/30.0
• ARV discount +7.5/15.0
• Rent growth +4.5/5.0
• Schools +4.2/10.0
• Livability +3.5/5.0
• 1% rule +3.0/10.0
• DSCR +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Seller is offering up to 2% toward buyer closing costs or interest rate buy-down with an acceptable offer, NO CDD. This home is located in the gated Northgate community, offering a resort-style community pool, gated entry, and sidewalks within a well-maintained neighborhood. Conveniently located between Hwy 41 and I-75, Northgate provides easy access to Tampa, St. Petersburg, beaches, shopping, and dining, along with NO rear neighbors for added privacy. The first floor features a welcoming entry, a den/office that can flex as a 5th bedroom, a half bath, and an open-concept living and dining area that flows seamlessly into the kitchen. The kitchen includes stainless steel appliances, 42” upper cabinets, granite countertops, a breakfast bar, and ample cabinet storage. The laundry room provides direct access to the garage, which offers additional built-in storage cabinets. Upstairs, you’ll find three secondary bedrooms, a spacious loft with two walk-in storage closets, and a generous primary suite with a walk-in closet. The primary bath features dual sinks, granite countertops, and a shower/tub combination. Granite countertops continue throughout the kitchen and bathrooms. Step outside to a private, fenced backyard, backed by trees for added privacy — ideal for relaxing or entertaining. Additional features include hurricane shutters, exceptional storage throughout, and a quiet location within the community. Homes offering this level of space and privacy at this price point are rare. Schedule your private showing today.

Key facts

• Gated entry
• Easy access to tampa
• 4,567 sq ft lot

Tags

• GATED NORTHGATE COMMUNITY
• RESORT STYLE COMMUNITY POOL
• GATED ENTRY
• EASY ACCESS TO TAMPA
• EASY ACCESS TO ST PETERSBURG
• EASY ACCESS TO BEACHES

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $380k.

Deal economics

• At list price, monthly cash flow is $-219 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $341k (10.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $305k (19.7% below list).
• Recommended offer: $305k (19.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#479 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute A-; Watch: schools F, amenities F, health & safety F.
• 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 rising fast (+8.1%/yr); 107 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• At $3,051/mo this rent would consume 45% of the median local household income ($80k/yr) (locally 487% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 107 days — a 9% lower offer ($346k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $305,073 (19.7% 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. It's been on market 107 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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?
8. 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.
9. 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.
10. 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: 0.80% ✗
• Cap rate: 5.60%
• Cash-on-cash: -2.47%
• DSCR: 0.89
• GRM: 10.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -14.9%
• Equity multiple: 0.44×
• Total profit: $-59,310
• Equity at exit: $56,644

10-year hold

• IRR: 0.4%
• Equity multiple: 1.04×
• Total profit: $4,004
• Equity at exit: $32,847

Cash invested: $106,372 (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 33534

• Home prices YoY: -18.2%
• Rents YoY: 8.1%
• Active inventory: 107
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $3,051 medium
• Mortgage (P&I): −$1,992
• Tax from tax record: −$358 /mo · $4,297/yr
• Insurance: −$158
• HOA: −$120
• Vacancy / Maint / Mgmt: −$641
• Net cashflow: $-219

Break-even live

Break-even rent $3,327

Max offer price $341,290

Occupancy floor —

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: $94,975
• Closing costs: $11,397
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11521 Southern Creek Dr Gibsonton, FL	4.0	3.5	2650	$3,199	$1.21	11d	1	0.46mi
11634 Tangle Stone Dr Gibsonton, FL	3.0	2.0	1911	$2,256	$1.18	21d	1	0.65mi
8103 Tar Hollow Dr Gibsonton, FL	3.0	2.5	1792	$2,700	$1.51	24d	1	0.67mi
12113 Fox Bloom Ave Gibsonton, FL	3.0	3.0	2540	$2,800	$1.10	24d	1	1.04mi

HOA detail

• Monthly dues: $120 · $1,440/yr
• Likely covers: poolsecurity

Listing history 3 events

1. 2026-05-17
   price $379,900 1559-char remark

   Show marketing remark (1559 chars)

   Seller is offering up to 2% toward buyer closing costs or interest rate buy-down with an acceptable offer, NO CDD. This home is located in the gated Northgate community, offering a resort-style community pool, gated entry, and sidewalks within a well-maintained neighborhood. Conveniently located between Hwy 41 and I-75, Northgate provides easy access to Tampa, St. Petersburg, beaches, shopping, and dining, along with NO rear neighbors for added privacy. The first floor features a welcoming entry, a den/office that can flex as a 5th bedroom, a half bath, and an open-concept living and dining area that flows seamlessly into the kitchen. The kitchen includes stainless steel appliances, 42” upper cabinets, granite countertops, a breakfast bar, and ample cabinet storage. The laundry room provides direct access to the garage, which offers additional built-in storage cabinets. Upstairs, you’ll find three secondary bedrooms, a spacious loft with two walk-in storage closets, and a generous primary suite with a walk-in closet. The primary bath features dual sinks, granite countertops, and a shower/tub combination. Granite countertops continue throughout the kitchen and bathrooms. Step outside to a private, fenced backyard, backed by trees for added privacy — ideal for relaxing or entertaining. Additional features include hurricane shutters, exceptional storage throughout, and a quiet location within the community. Homes offering this level of space and privacy at this price point are rare. Schedule your private showing today.

2. 2026-03-18
   price $389,900 1559-char remark

   Show marketing remark (1559 chars)

   Seller is offering up to 2% toward buyer closing costs or interest rate buy-down with an acceptable offer, NO CDD. This home is located in the gated Northgate community, offering a resort-style community pool, gated entry, and sidewalks within a well-maintained neighborhood. Conveniently located between Hwy 41 and I-75, Northgate provides easy access to Tampa, St. Petersburg, beaches, shopping, and dining, along with NO rear neighbors for added privacy. The first floor features a welcoming entry, a den/office that can flex as a 5th bedroom, a half bath, and an open-concept living and dining area that flows seamlessly into the kitchen. The kitchen includes stainless steel appliances, 42” upper cabinets, granite countertops, a breakfast bar, and ample cabinet storage. The laundry room provides direct access to the garage, which offers additional built-in storage cabinets. Upstairs, you’ll find three secondary bedrooms, a spacious loft with two walk-in storage closets, and a generous primary suite with a walk-in closet. The primary bath features dual sinks, granite countertops, and a shower/tub combination. Granite countertops continue throughout the kitchen and bathrooms. Step outside to a private, fenced backyard, backed by trees for added privacy — ideal for relaxing or entertaining. Additional features include hurricane shutters, exceptional storage throughout, and a quiet location within the community. Homes offering this level of space and privacy at this price point are rare. Schedule your private showing today.

3. 2026-02-08
   listed $399,900 Active 1559-char remark

   Show marketing remark (1559 chars)

   Seller is offering up to 2% toward buyer closing costs or interest rate buy-down with an acceptable offer, NO CDD. This home is located in the gated Northgate community, offering a resort-style community pool, gated entry, and sidewalks within a well-maintained neighborhood. Conveniently located between Hwy 41 and I-75, Northgate provides easy access to Tampa, St. Petersburg, beaches, shopping, and dining, along with NO rear neighbors for added privacy. The first floor features a welcoming entry, a den/office that can flex as a 5th bedroom, a half bath, and an open-concept living and dining area that flows seamlessly into the kitchen. The kitchen includes stainless steel appliances, 42” upper cabinets, granite countertops, a breakfast bar, and ample cabinet storage. The laundry room provides direct access to the garage, which offers additional built-in storage cabinets. Upstairs, you’ll find three secondary bedrooms, a spacious loft with two walk-in storage closets, and a generous primary suite with a walk-in closet. The primary bath features dual sinks, granite countertops, and a shower/tub combination. Granite countertops continue throughout the kitchen and bathrooms. Step outside to a private, fenced backyard, backed by trees for added privacy — ideal for relaxing or entertaining. Additional features include hurricane shutters, exceptional storage throughout, and a quiet location within the community. Homes offering this level of space and privacy at this price point are rare. Schedule your private showing today.

ⓘ 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: $4,297 · $358/mo
• Projected year-2 tax: $4,297 · $358/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 6/10 Major FEMA zone X (shaded) · 54% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 28 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: $36,609
• − Mortgage interest: −$21,280
• − Property taxes: −$4,297
• − Insurance: −$1,900
• − Repairs & maintenance: −$2,929
• − Management: −$2,929
• − HOA: −$1,440
• − Depreciation: −$11,052
• Taxable loss: −$9,217
• Est. tax savings @ 24.0%: +$2,212
• After-tax cash flow: $-411/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 — Gibsonton

• Score: 69/100
• State rank: #479
• US rank: #8752

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gibsonton, FL
• County: Hillsborough County · 1,540,968 people
• City population: 17,740
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 17,740
• Household income: $80,484
• Rent vs Own: 33.7% rent · 66.3% own
• Severe rent burden: 487.0

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 0.69)
• Race & ethnicity: Hispanic / Latino 38% White 36% Two or more races 23% Black 19% Asian 2%
• Hispanic origin (detail): Mexican 13% Puerto Rican 10% Cuban 4% Dominican 3%
• Common ancestry: Hispanic 3% Russian 1% Lithuanian 1%
• Foreign-born: 16% · Canada, Guatemala, Jamaica
• Languages at home: 66% English-only · Spanish 30% French/Haitian/Cajun 2% Other Indo-European 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: ▼ -72.07%
• Current HPI: 323.4367
• Rent YoY: ▲ 8.05%
• 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

-5.0% since first listed

3 events — show timeline

• 2026-05-17 Price Changed $379,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-18 Price Changed $389,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-08 Listed $399,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+63.1%/yr

Latest (2025): $4,297 · +8.1% YoY. Source: county tax records.