11486 92nd St · Bardmoor, FL 33773

$239,000

4 bd · 2.0 ba · 1,203 sqft · SingleFamily public records · 4 Days on market

Built 1962 6,386 sqft lot Est $368k · 35% under

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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 +20.5/30.0
• ARV discount +15.0/15.0
• DSCR +6.5/10.0
• 1% rule +5.4/10.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.7/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this tastefully updated home located in a quiet subdivision close to all the area amenities. This home has been updated with a new kitchen, new flooring, updated baths, new dual zone ac system and ductwork, large tankless water heater, new roof and much more. Large rear porches, one screened and one open allow you to enjoy the mornings and evenings in comfort. The large 4th bedroom could also be used as a flex space or in law suite. There is even a spacious back yard with a storage shed for lawn equipment or your toys. Book your appointment today to see this wonderful home.

Key facts

• Flood zone x500
• Cosmetic renovation
• Close to dining

Tags

• CENTRAL LARGO LOCATION
• FLOOD ZONE X500
• COSMETIC RENOVATION
• ESTABLISHED NEIGHBORHOOD
• CLOSE TO SHOPPING
• CLOSE TO DINING

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $239k.

Deal economics

• At list price, monthly cash flow is $248 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $239k).
• Cap rate 7.9% vs local median 3.5% in Bardmoor — 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 79/100 on livability (#141 in FL, #2,118 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+, employment A+; Watch: schools D, amenities F.
• 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 falling (-3.4%/yr); 118 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 39% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 11 sale attempts since 20y ago; this cycle's ask is 6% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $239,000

Questions for the listing agent

1. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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.
6. 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.
7. 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: 1.04% ✓
• Cap rate: 7.87%
• Cash-on-cash: 5.64%
• DSCR: 1.25
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $368,118
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9061 Sunrise Dr	0.17mi	3/2.0 (-1)	1,266 (+5%)	3mo	$370,000	$292	76
9143 Dream Way	0.07mi	3/1.0 (-1)	1,180 (-2%)	14mo	$322,500	$273	73
9086 Enchantment Dr	0.14mi	3/2.0 (-1)	1,155 (-4%)	11mo	$365,500	$316	72
8946 Dream Way	0.21mi	3/2.0 (-1)	1,095 (-9%)	6mo	$365,000	$333	65
8957 109th Ter	0.45mi	3/2.0 (-1)	1,144 (-5%)	3mo	$370,000	$323	64
10849 92nd St	0.45mi	3/2.0 (-1)	1,110 (-8%)	1mo	$345,000	$311	61
10956 92nd St	0.37mi	3/1.0 (-1)	1,260 (+5%)	6mo	$225,000	$179	60
10790 92nd St	0.49mi	3/2.0 (-1)	1,176 (-2%)	12mo	$355,000	$302	58
9070 Bryan Dairy Rd	0.37mi	3/2.0 (-1)	1,144 (-5%)	15mo	$350,000	$306	57
9043 108th Ave	0.49mi	3/1.0 (-1)	1,142 (-5%)	12mo	$322,500	$282	50
12595 95th St N	0.72mi	3/1.0 (-1)	1,244 (+3%)	11mo	$335,000	$269	42
9146 108th Ave	0.50mi	3/2.0 (-1)	1,026 (-15%)	13mo	$370,000	$361	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -12.9%
• Equity multiple: 0.55×
• Total profit: $-30,146
• Equity at exit: $35,636

10-year hold

• IRR: -9.5%
• Equity multiple: 0.50×
• Total profit: $-33,778
• Equity at exit: $20,664

Cash invested: $66,920 (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 33773

• Rents YoY: -3.4%
• Active inventory: 118
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $2,489 high
• Mortgage (P&I): −$1,253
• Tax est. 1.5%: −$299 /mo · $3,585/yr
• Insurance: −$100
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$523
• Net cashflow: $248

Break-even live

Break-even rent $2,175

Max offer price $239,000

Occupancy floor 85%

Sensitivity live

Price	-10% $413	-5% $331	+0% $248	+5% $165	+10% $83
Rent	-10% $51	-5% $150	+0% $248	+5% $346	+10% $445
Rate	-1.0pp $368	-0.5pp $309	base $248	+0.5pp $186	+1.0pp $123

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: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9099 108th Ave Seminole, FL	3.0	2.0	1451	$2,600	$1.79	5d	1	0.47mi
10100 Sailwinds Blvd N #206 Largo, FL	3.0	2.0	1155	$1,850	$1.60	4d	1	0.86mi
12293 Sailwinds Dr #203 Largo, FL	3.0	2.0	1155	$2,050	$1.77	14d	1	0.96mi
12261 Sailwinds Dr #203 Largo, FL	3.0	2.0	1139	$1,800	$1.58	5d	1	0.97mi
10495 118th Ave Largo, FL	3.0	2.0	1169	$2,250	$1.92	5d	1	1.06mi
12293 103rd St Largo, FL	4.0	2.5	1339	$2,469	$1.84	25d	1	1.06mi
10580 112th Ave Largo, FL	3.0	1.0	925	$1,995	$2.16	5d	1	1.13mi
10560 114th Ter Largo, FL	3.0	1.0	1232	$3,000	$2.44	5d	1	1.16mi
10294 129th Ter Largo, FL	4.0	2.0	1176	$2,119	$1.80	5d	1	1.31mi
11707 108th St Unit 1018171P Largo, FL	3.0	2.0	1259	$3,119	$2.48	3d	1	1.32mi
10659 108th St Largo, FL	3.0	1.5	1380	$2,550	$1.85	25d	1	1.37mi
10887 111th Pl N Largo, FL	3.0	2.0	1300	$2,389	$1.84	22d	1	1.41mi
9295 Starkey Rd Seminole, FL	3.0	1.0	984	$1,950	$1.98	25d	1	1.42mi
8574 94th Ave Seminole, FL	3.0	1.0	840	$2,000	$2.38	8d	1	1.46mi
8574 94th Ave Seminole, FL	3.0	1.0	840	$2,000	$2.38	4d	1	1.46mi
9319 91st Ter Seminole, FL	3.0	2.0	952	$2,549	$2.68	25d	1	1.46mi

Listing history 28 events

1. 2026-02-14
   status Pending
2. 2026-02-10
   price $239,000
3. 2026-02-10
   price $249,000
4. 2026-02-10
   listed $225,000 Active
5. 2025-08-06
   historical
6. 2025-06-30
   status Active
7. 2025-06-18
   status Pending
8. 2025-05-25
   listed $299,000 Active
9. 2020-11-04
   soldstatus $244,370 Sold 591-char remark

   Show marketing remark (591 chars)

   Welcome to this tastefully updated home located in a quiet subdivision close to all the area amenities. This home has been updated with a new kitchen, new flooring, updated baths, new dual zone ac system and ductwork, large tankless water heater, new roof and much more. Large rear porches, one screened and one open allow you to enjoy the mornings and evenings in comfort. The large 4th bedroom could also be used as a flex space or in law suite. There is even a spacious back yard with a storage shed for lawn equipment or your toys. Book your appointment today to see this wonderful home.

10. 2020-11-04
    soldstatus $244,400

    Show marketing remark (591 chars)

    Welcome to this tastefully updated home located in a quiet subdivision close to all the area amenities. This home has been updated with a new kitchen, new flooring, updated baths, new dual zone ac system and ductwork, large tankless water heater, new roof and much more. Large rear porches, one screened and one open allow you to enjoy the mornings and evenings in comfort. The large 4th bedroom could also be used as a flex space or in law suite. There is even a spacious back yard with a storage shed for lawn equipment or your toys. Book your appointment today to see this wonderful home.

11. 2020-08-19
    status Pending 591-char remark

    Show marketing remark (591 chars)

    Welcome to this tastefully updated home located in a quiet subdivision close to all the area amenities. This home has been updated with a new kitchen, new flooring, updated baths, new dual zone ac system and ductwork, large tankless water heater, new roof and much more. Large rear porches, one screened and one open allow you to enjoy the mornings and evenings in comfort. The large 4th bedroom could also be used as a flex space or in law suite. There is even a spacious back yard with a storage shed for lawn equipment or your toys. Book your appointment today to see this wonderful home.

12. 2020-07-31
    listed $259,900 Active 591-char remark

    Show marketing remark (591 chars)

    Welcome to this tastefully updated home located in a quiet subdivision close to all the area amenities. This home has been updated with a new kitchen, new flooring, updated baths, new dual zone ac system and ductwork, large tankless water heater, new roof and much more. Large rear porches, one screened and one open allow you to enjoy the mornings and evenings in comfort. The large 4th bedroom could also be used as a flex space or in law suite. There is even a spacious back yard with a storage shed for lawn equipment or your toys. Book your appointment today to see this wonderful home.

13. 2017-04-27
    soldstatus $164,000
14. 2017-04-24
    soldstatus $164,900 Sold
15. 2017-03-20
    status Pending
16. 2017-03-17
    listed $164,900 Active
17. 2013-11-18
    historical
18. 2013-08-17
    listed $129,900
19. 2009-04-27
    soldstatus $110,000
20. 2009-04-27
    listed $107,900
21. 2009-02-19
    listed $107,900
22. 2009-01-07
    historical
23. 2008-08-18
    listed $144,900
24. 2007-11-19
    listed $134,900
25. 2006-10-02
    soldstatus $175,000
26. 2006-09-29
    soldstatus $175,000
27. 2006-07-26
    listed $179,000
28. 1986-03-01
    soldstatus $48,000

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

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (shaded) · 97% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 25 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,866
• − Mortgage interest: −$13,388
• − Property taxes: −$3,585
• − Insurance: −$1,992
• − Repairs & maintenance: −$2,389
• − Management: −$2,389
• − Depreciation: −$6,953
• Taxable loss: −$831
• Est. tax savings @ 24.0%: +$199
• After-tax cash flow: $3,176/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 — Bardmoor

• Score: 79/100
• State rank: #141
• US rank: #2118

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pinellas County · 939,478 people
• City population: 18,276
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 16,741
• Household income: $76,867
• Rent vs Own: 25.9% rent · 74.1% own
• Severe rent burden: 314.0

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 (75%)
• Race & ethnicity: White 75% Two or more races 8% Hispanic / Latino 8% Asian 7% Black 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2%
• Common ancestry: Romanian 4% Lithuanian 3% Italian 2%
• Foreign-born: 12% · Canada, Vietnam, South Korea
• Languages at home: 83% English-only · Spanish 5% Vietnamese 3% Other Indo-European 2%

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: ▼ -367.92%
• Current HPI: 319.4536
• Rent YoY: ▼ -3.37%
• 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

+397.9% since first listed

28 events — show timeline

• 2026-02-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-10 Price Changed $239,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-10 Price Changed $249,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-10 Listed $225,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-06-30 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-06-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-05-25 Listed $299,000 Stellar MLS as Distributed by MLS Grid
• 2020-11-04 Sold (Public Records) $244,400 Public Records
• 2020-11-04 Sold (MLS) $244,370 Stellar MLS as Distributed by MLS Grid
• 2020-08-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-07-31 Listed $259,900 Stellar MLS as Distributed by MLS Grid
• 2017-04-27 Sold (Public Records) $164,000 Public Records
• 2017-04-24 Sold (MLS) $164,900 Stellar MLS as Distributed by MLS Grid
• 2017-03-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-03-17 Listed $164,900 Stellar MLS as Distributed by MLS Grid
• 2013-11-18 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-08-17 Listed $129,900 Stellar MLS as Distributed by MLS Grid
• 2009-04-27 Listed $107,900 Stellar MLS as Distributed by MLS Grid
• 2009-04-27 Sold (MLS) $110,000 Stellar MLS as Distributed by MLS Grid
• 2009-02-19 Listed $107,900 Stellar MLS as Distributed by MLS Grid
• 2009-01-07 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2008-08-18 Listed $144,900 Stellar MLS as Distributed by MLS Grid
• 2007-11-19 Listed $134,900 Stellar MLS as Distributed by MLS Grid
• 2006-10-02 Sold (Public Records) $175,000 Public Records
• 2006-09-29 Sold (MLS) $175,000 Stellar MLS as Distributed by MLS Grid
• 2006-07-26 Listed $179,000 Stellar MLS as Distributed by MLS Grid
• 1986-03-01 Sold (Public Records) $48,000 Public Records

Property tax history

-16.5%/yr

Latest (2025): $163 · +6.1% YoY. Source: county tax records.