8075 112th St #203 · Seminole, FL 33772

$79,900

1 bd · 1.0 ba · 608 sqft · Condo public records · 27 Days on market

Built 1967 $448/mo HOA · 32% of rent

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Why this score? — see what drove the C+ 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 +22.7/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +7.3/10.0
• Livability +4.4/5.0
• Schools +4.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

THIS BUILDING HAS NO LAND LEASE WHICH MEANS LOWER MONTHLY FEES. BEAUTIFUL 1 BEDROOM, 1 BATH FULLY FURNISHED, JUST BRING YOUR TOOTHBRUSH. LAMINATE FLOORING THRU OUT, EXCEPT BACK LANAI. KITCHEN HAS SMOOTH TOP RANGE, FRESH PAINT THRU-OUT THIS SPOTLESS HOME. THE BACK SCREENED-IN LANAI HAS ONE OF MOST RELAXING VIEWS IN SEMINOLE GARDENS, WITH WALKING TRAIL AROUND THE LAKE WITH LIGHTED FOUNTAIN. SEMINOLE GARDENS IS CENTRALLY LOCATED BETWEEN ST. PETERSBURG & TAMPA WITH EASY ACCESS TO 2 AIRPORTS, MEDICAL FACILITIES AND LOTS OF ENTERTAINMENT, INCLUDING SPORTS. LOTS OF FUN WATER ACTIVITIES; BOATING & FISHING IN GULF OF MEXICO, DIVING & BEAUTIFUL BEACHES. WE ARE LESS THAN 5 MILES TO THE BEACH AND GREAT PLACES TO EAT. OUR COMMUNITY HAS LOTS OF ACTIVITES TO OFFER SUCH AS; SWIMMING IN THE YEAR ROUND HEATED POOL & SPA, JOIN THE SHUFFLEBOARD CLUB, MANY CARD GAMES, and DOMINOS & MAH JONG. EXERCISE WITH THE SILVER SNEAKERS, ZUMBA, YOGA AND DANCE LESSIONS.

Key facts

• Screened in porch
• Galley kitchen
• Central heat and air

Tags

• LAKE VIEW
• SCREENED IN PORCH
• GALLEY KITCHEN
• TONS OF STORAGE SPACE
• RECENTLY UPDATED BREAKER BOX
• CENTRAL HEAT AND AIR

Property features AI

Finance

• Other: Furnished; No pets allowed
• Financial info: Total annual fees approximately $5,379.60; Lease restrictions apply
• HOA & community: Monthly association fee required ($448.30) covering water, sewer and trash; Association amenities include clubhouse, laundry facilities, pool, sauna, spa/hot tub, and shuffleboard court; Buyer approval required for association; No RV/truck/motorcycle parking allowed; Senior community; On-site property manager; Association name: Chuck Eade

Exterior

• Parking: Assigned parking (space 203) and guest parking available
• Utilities: Public water; Public sewer; Public utilities; Heated in-ground pool and heated in-ground spa
• Home design: Condo - Hotel; Residential property; One story; Unit on 2nd floor; West-facing
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Building/Unit identified as 16-D
• Exterior features: Rear screened porch; Private mailbox; Sidewalks; On-site storage; Mature landscaping with oak trees

Interior

• Kitchen: Built-in oven; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Solid wood cabinets; Window treatments (blinds); Elevator in building
• Laundry & utility: Laundry room; Electric water heater

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $80k.

Deal economics

• At list price, monthly cash flow is $137 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $79k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 3.8% in Seminole — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 88/100 on livability (#5 in FL, #174 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+.
• Pinellas (suburban): math 51% / reading 51% proficiency, ranked #31 of 73 in FL (top 42%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents flat; 207 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Pinellas County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 19y ago 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.

Risks & watch-outs

• Watch-outs: HOA is 32% of rent.
• 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 $78,701 (1.5% below list)

Questions for the listing agent

1. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.78% ✓
• Cap rate: 8.35%
• Cash-on-cash: 7.35%
• DSCR: 1.33
• GRM: 4.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.1% rent growth · sell at horizon

5-year hold

• IRR: -10.2%
• Equity multiple: 0.64×
• Total profit: $-7,964
• Equity at exit: $11,913

10-year hold

• IRR: -9.4%
• Equity multiple: 0.55×
• Total profit: $-10,136
• Equity at exit: $6,908

Cash invested: $22,372 (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 33772

• Rents YoY: 0.1%
• Active inventory: 207
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $1,421 high
• Mortgage (P&I): −$419
• Tax from tax record: −$86 /mo · $1,027/yr
• Insurance: −$33
• HOA: −$448
• Vacancy / Maint / Mgmt: −$298
• Net cashflow: $137

Break-even live

Break-even rent $1,248

Max offer price $79,900

Occupancy floor 85%

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8425 112th St #104 Seminole, FL	1.0	1.0	608	$1,300	$2.14	4d	1	0.22mi
8450 112th St #103 Seminole, FL	1.0	1.0	608	$1,250	$2.06	24d	1	0.27mi
8555 112th St #206 Seminole, FL	1.0	1.0	638	$1,250	$1.96	4d	1	0.30mi
10764 70th Ave Seminole, FL	1.0–2.0	1.0–2.0	828	$1,500	$1.81	4d	2	0.77mi
12100 Park Blvd Seminole, FL	1.0–3.0	1.0–2.5	921	$1,296	$1.41	2d	40	0.91mi
10405 Addison Way Seminole, FL	1.0–3.0	1.0–2.0	1133	$1,807	$1.59	2d	18	1.02mi

HOA detail condo

• Monthly dues: $448 · $5,376/yr
• Likely covers: waterpool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 23 events

1. 2026-06-18
   days on market $79,900 Active 27 DOM
2. 2026-06-17
   days on market $79,900 Active 26 DOM
3. 2026-06-16
   days on market $79,900 Active 25 DOM
4. 2026-06-15
   days on market $79,900 Active 24 DOM
5. 2026-06-13
   days on market $79,900 Active 22 DOM
6. 2026-06-09
   days on market $79,900 Active 18 DOM
7. 2026-06-08
   days on market $79,900 Active 17 DOM
8. 2026-06-07
   days on market $79,900 Active 16 DOM
9. 2026-06-04
   days on market $79,900 Active 13 DOM
10. 2026-06-03
    days on market $79,900 Active 12 DOM
11. 2026-06-02
    days on market $79,900 Active 11 DOM
12. 2026-06-01
    days on market $79,900 Active 10 DOM
13. 2026-05-31
    days on market $79,900 Active 9 DOM
14. 2026-05-22
    listed $79,900 Active
15. 2026-03-10
    historical
16. 2025-09-12
    listed $89,900 Active
17. 2022-05-17
    soldstatus $95,000 Closed 983-char remark

    Show marketing remark (983 chars)

    THIS BUILDING HAS NO LAND LEASE WHICH MEANS LOWER MONTHLY FEES. BEAUTIFUL 1 BEDROOM, 1 BATH FULLY FURNISHED, JUST BRING YOUR TOOTHBRUSH. LAMINATE FLOORING THRU OUT, EXCEPT BACK LANAI. KITCHEN HAS SMOOTH TOP RANGE, FRESH PAINT THRU-OUT THIS SPOTLESS HOME. THE BACK SCREENED-IN LANAI HAS ONE OF MOST RELAXING VIEWS IN SEMINOLE GARDENS, WITH WALKING TRAIL AROUND THE LAKE WITH LIGHTED FOUNTAIN. SEMINOLE GARDENS IS CENTRALLY LOCATED BETWEEN ST. PETERSBURG & TAMPA WITH EASY ACCESS TO 2 AIRPORTS, MEDICAL FACILITIES AND LOTS OF ENTERTAINMENT, INCLUDING SPORTS. LOTS OF FUN WATER ACTIVITIES; BOATING & FISHING IN GULF OF MEXICO, DIVING & BEAUTIFUL BEACHES. WE ARE LESS THAN 5 MILES TO THE BEACH AND GREAT PLACES TO EAT. OUR COMMUNITY HAS LOTS OF ACTIVITES TO OFFER SUCH AS; SWIMMING IN THE YEAR ROUND HEATED POOL & SPA, JOIN THE SHUFFLEBOARD CLUB, MANY CARD GAMES, and DOMINOS & MAH JONG. EXERCISE WITH THE SILVER SNEAKERS, ZUMBA, YOGA AND DANCE LESSIONS.

18. 2022-05-02
    status Pending 983-char remark

    Show marketing remark (983 chars)

    THIS BUILDING HAS NO LAND LEASE WHICH MEANS LOWER MONTHLY FEES. BEAUTIFUL 1 BEDROOM, 1 BATH FULLY FURNISHED, JUST BRING YOUR TOOTHBRUSH. LAMINATE FLOORING THRU OUT, EXCEPT BACK LANAI. KITCHEN HAS SMOOTH TOP RANGE, FRESH PAINT THRU-OUT THIS SPOTLESS HOME. THE BACK SCREENED-IN LANAI HAS ONE OF MOST RELAXING VIEWS IN SEMINOLE GARDENS, WITH WALKING TRAIL AROUND THE LAKE WITH LIGHTED FOUNTAIN. SEMINOLE GARDENS IS CENTRALLY LOCATED BETWEEN ST. PETERSBURG & TAMPA WITH EASY ACCESS TO 2 AIRPORTS, MEDICAL FACILITIES AND LOTS OF ENTERTAINMENT, INCLUDING SPORTS. LOTS OF FUN WATER ACTIVITIES; BOATING & FISHING IN GULF OF MEXICO, DIVING & BEAUTIFUL BEACHES. WE ARE LESS THAN 5 MILES TO THE BEACH AND GREAT PLACES TO EAT. OUR COMMUNITY HAS LOTS OF ACTIVITES TO OFFER SUCH AS; SWIMMING IN THE YEAR ROUND HEATED POOL & SPA, JOIN THE SHUFFLEBOARD CLUB, MANY CARD GAMES, and DOMINOS & MAH JONG. EXERCISE WITH THE SILVER SNEAKERS, ZUMBA, YOGA AND DANCE LESSIONS.

19. 2022-04-19
    listed $94,900 Active 983-char remark

    Show marketing remark (983 chars)

    THIS BUILDING HAS NO LAND LEASE WHICH MEANS LOWER MONTHLY FEES. BEAUTIFUL 1 BEDROOM, 1 BATH FULLY FURNISHED, JUST BRING YOUR TOOTHBRUSH. LAMINATE FLOORING THRU OUT, EXCEPT BACK LANAI. KITCHEN HAS SMOOTH TOP RANGE, FRESH PAINT THRU-OUT THIS SPOTLESS HOME. THE BACK SCREENED-IN LANAI HAS ONE OF MOST RELAXING VIEWS IN SEMINOLE GARDENS, WITH WALKING TRAIL AROUND THE LAKE WITH LIGHTED FOUNTAIN. SEMINOLE GARDENS IS CENTRALLY LOCATED BETWEEN ST. PETERSBURG & TAMPA WITH EASY ACCESS TO 2 AIRPORTS, MEDICAL FACILITIES AND LOTS OF ENTERTAINMENT, INCLUDING SPORTS. LOTS OF FUN WATER ACTIVITIES; BOATING & FISHING IN GULF OF MEXICO, DIVING & BEAUTIFUL BEACHES. WE ARE LESS THAN 5 MILES TO THE BEACH AND GREAT PLACES TO EAT. OUR COMMUNITY HAS LOTS OF ACTIVITES TO OFFER SUCH AS; SWIMMING IN THE YEAR ROUND HEATED POOL & SPA, JOIN THE SHUFFLEBOARD CLUB, MANY CARD GAMES, and DOMINOS & MAH JONG. EXERCISE WITH THE SILVER SNEAKERS, ZUMBA, YOGA AND DANCE LESSIONS.

20. 2008-09-11
    historical
21. 2008-03-14
    listed $69,900
22. 2007-04-05
    listed $70,900
23. 1996-07-01
    soldstatus $40,000

ⓘ 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: $1,027 · $86/mo
• Projected year-2 tax: $1,027 · $86/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 1/10 Low FEMA zone X (unshaded) · 0% 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 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,056
• − Mortgage interest: −$4,476
• − Property taxes: −$1,027
• − Insurance: −$400
• − Repairs & maintenance: −$1,365
• − Management: −$1,365
• − HOA: −$5,376
• − Depreciation: −$2,324
• Taxable income: $725
• Est. tax owed @ 24.0%: −$174
• After-tax cash flow: $1,470/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: Pinellas
• NCES district ID: 1201560
• Math proficiency: 51% ▼ -5.00%
• Reading proficiency: 51% ▼ -3.00%
• Median HH income: $46,270
• Composite: 43.27/100
• National rank: #3046
• State rank: #31 of 73 in FL

Livability — Seminole

• Score: 88/100
• State rank: #5
• US rank: #174

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Seminole, FL
• County: Pinellas County · 939,478 people
• City population: 42,315
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 23,733
• Household income: $73,586
• Rent vs Own: 27.1% rent · 72.9% own
• Severe rent burden: 720.0

Population outlook (Pinellas County) Hauer SSP2

• Today (2025): 1,027,532 people
• By 2030: 1,063,586 · +3.5%
• By 2040: 1,125,020 · +9.5%
• By 2050: 1,168,637 · +13.7%
• By 2075: 1,265,188 · +23.1%
• By 2100: 1,260,357 · +22.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 8% Two or more races 7% Asian 3% Black 2%
• Hispanic origin (detail): Puerto Rican 2%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 3%
• Foreign-born: 10% · Canada, Vietnam, Jamaica
• Languages at home: 89% English-only · Spanish 5% Other Indo-European 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Pinellas

• 2024 margin: Lean R (+5.2) · D 46.9% · R 52.1%
• 2008→2024 swing: -13.5pp toward R · 2008: 8.3pp · 2024: -5.2pp
• All cycles: 2024: R+5.2 2020: D+0.2 2016: R+1.1 2012: D+5.6 2008: D+8.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -485.84%
• Current HPI: 315.303
• Rent YoY: ▲ 0.10%
• 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

+99.8% since first listed

10 events — show timeline

• 2026-05-22 Listed $79,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-09-12 Listed $89,900 Stellar MLS as Distributed by MLS Grid
• 2022-05-17 Sold (MLS) $95,000 Stellar MLS as Distributed by MLS Grid
• 2022-05-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-04-19 Listed $94,900 Stellar MLS as Distributed by MLS Grid
• 2008-09-11 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2008-03-14 Listed $69,900 Stellar MLS as Distributed by MLS Grid
• 2007-04-05 Listed $70,900 Stellar MLS as Distributed by MLS Grid
• 1996-07-01 Sold (Public Records) $40,000 Public Records

Property tax history

+7.3%/yr

Latest (2025): $1,027 · -19.9% YoY. Source: county tax records.