19029 US Highway 19 N Unit 5-14 · Clearwater, FL 33764

$79,900

1 bd · 1.0 ba · 875 sqft · Condo public records · 129 Days on market

Built 1970 $498/mo HOA · 27% of rent

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Come and see this top floor unit where you will never hear footsteps again. This has floors with the look of wood and a Florida room where you can sit and enjoy the warm tropical breezes. 55+ no pets. Only 1 car allowed per unit.

Key facts

• Florida room
• Top floor unit
• $498 HOA

Tags

• TOP FLOOR UNIT
• FLORIDA ROOM

Property features AI

Finance

• Other: Unfurnished; Third-party listing contact available
• Financial info: Total monthly association fees $498; Total annual association fees $5,976; Lease restrictions apply
• HOA & community: Association: Cary O'Connor; Monthly condo fee $498 (includes cable TV, pool, escrow reserves, insurance, internet, grounds maintenance, sewer, trash, water); Association approval required; Association amenities: Clubhouse, Fitness Center, Pool, Laundry, Sauna, Shuffleboard Court; Senior community; No pets allowed

Exterior

• Parking: Directions available to community
• Security: Gated community (association amenity)
• Utilities: Public water; Public sewer; Cable connected
• Home design: Condominium; 2 total stories; Unit on 2nd floor; Faces east
• Construction: Block construction; Tile and other roofing; Slab foundation; Built as part of a multi-unit building (building number 5)
• Exterior features: Balcony; Asphalt road access; Fishing pier (community amenity)

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 1 bedroom
• Flooring: Laminate; Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Common area laundry

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 $241 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $80k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.9% vs local median 3.0% in Clearwater — 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 82/100 on livability (#60 in FL, #988 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, employment C-.
• 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 (-5.2%/yr); 262 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 33% of the median local income ($67k/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 $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 129 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 13y ago; this cycle's ask has dropped $20k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.7% of price; flood insurance adds $66/mo; HOA is 27% of rent.
• 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 $70,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 129 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. 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?
7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
9. 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.
10. 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.
11. 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: 2.28% ✓
• Cap rate: 10.91%
• Cash-on-cash: 16.48%
• DSCR: 1.73
• GRM: 3.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -3.2%
• Equity multiple: 0.89×
• Total profit: $-2,530
• Equity at exit: $11,913

10-year hold

• IRR: -1.2%
• Equity multiple: 0.94×
• Total profit: $-1,374
• 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 33764

• Rents YoY: -5.2%
• Active inventory: 262
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,822 high
• Mortgage (P&I): −$419
• Tax from tax record: −$182 /mo · $2,186/yr
• Insurance: −$33
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$498
• Vacancy / Maint / Mgmt: −$383
• Net cashflow: $241

Break-even live

Break-even rent $1,518

Max offer price $79,900

Occupancy floor 82%

Sensitivity live

Price	-10% $286	-5% $263	+0% $241	+5% $218	+10% $196
Rent	-10% $97	-5% $169	+0% $241	+5% $313	+10% $385
Rate	-1.0pp $281	-0.5pp $261	base $241	+0.5pp $220	+1.0pp $199

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 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19029 U.S. 19 Unit 7-8 Clearwater, FL	2.0	2.0	1060	$2,200	$2.08	19d	1	0.04mi
19029 U.S. 19 Unit 1-19 Clearwater, FL	1.0	1.5	950	$2,000	$2.11	23d	1	0.04mi
19135 US Highway 19 N Clearwater, FL	1.0–4.0	1.0–2.5	1139	$1,278	$1.12	3d	30	0.12mi
19029 US Highway 19 N Unit 6-10 Clearwater, FL	1.0	1.0	875	$1,300	$1.49	5d	1	0.13mi
19355 US Highway 19 N Clearwater, FL	1.0–3.0	1.0–2.0	1093	$2,059	$1.88	4d	13	0.22mi
1515 Flournoy Loop Unit 1511622P Clearwater, FL	1.0	1.0	796	$3,057	$3.84	16d	1	0.35mi
1515 Flournoy Loop Unit 1511623P Clearwater, FL	1.0	1.0	796	$4,866	$6.11	3d	1	0.35mi
1551 Flournoy Cir W Clearwater, FL	1.0–3.0	1.0–2.0	916	$1,524	$1.66	3d	32	0.39mi
2755 Via Capri #1226 Clearwater, FL	2.0	1.0	980	$2,798	$2.86	5d	1	0.40mi
2755 Via Capri #1237 Clearwater, FL	1.0	1.0	980	$2,000	$2.04	23d	1	0.40mi
1564 Flournoy Cir W Unit 1515105P Clearwater, FL	2.0	2.0	990	$5,329	$5.38	16d	1	0.43mi
2724 Via Murano #634 Clearwater, FL	1.0	1.0	890	$1,695	$1.90	25d	1	0.50mi
2705 Via Murano #125 Clearwater, FL	1.0	1.0	890	$1,795	$2.02	25d	1	0.50mi
2705 Via Murano #136 Clearwater, FL	2.0	1.0	980	$2,100	$2.14	19d	1	0.50mi
2732 Via Murano #527 Clearwater, FL	2.0	2.0	1110	$2,800	$2.52	25d	1	0.50mi
2723 Via Capri #834 Clearwater, FL	1.0	1.0	770	$1,875	$2.44	5d	1	0.54mi
2721 Via Murano #324 Clearwater, FL	1.0	1.0	770	$1,750	$2.27	5d	1	0.54mi
1001 Pearce Dr #302 Clearwater, FL	1.0	1.5	1048	$1,750	$1.67	5d	1	0.68mi
1330 Moreland Dr Clearwater, FL	2.0	2.0	1192	$2,125	$1.78	25d	3	0.69mi
2729 Seville Blvd Clearwater, FL	1.0–3.0	1.0–2.0	1057	$1,695	$1.60	3d	33	0.69mi
2430 Harn Blvd Unit 7 Clearwater, FL	1.0	1.0	725	$1,500	$2.07	5d	1	0.69mi
2430 Harn Blvd Unit 14 Clearwater, FL	1.0	1.0	725	$1,400	$1.93	25d	1	0.69mi
2618 Cove Cay Dr Clearwater, FL	1.0–2.0	1.0–2.0	807	$1,400	$1.73	25d	2	0.75mi
2618 Cove Cay Dr #909 Clearwater, FL	2.0	2.0	1050	$1,850	$1.76	21d	1	0.75mi
20000 US Highway 19 N #612 Clearwater, FL	2.0	2.0	800	$1,300	$1.62	25d	1	0.77mi
2700 Cove Cay Dr Unit 1-5D Clearwater, FL	1.0	1.5	920	$1,750	$1.90	25d	1	0.78mi
20000 US Highway 19 N Unit 610 Clearwater, FL	1.0	1.0	800	$1,150	$1.44	25d	1	0.79mi
1000 Cove Cay Dr Unit 2F Clearwater, FL	2.0	2.0	960	$2,295	$2.39	25d	1	0.79mi
2615 Cove Cay Dr #205 Clearwater, FL	—	1.0	565	$1,400	$2.48	25d	1	0.82mi
2616 Cove Cay Dr #701 Clearwater, FL	2.0	2.0	1050	$1,750	$1.67	5d	1	0.84mi
2620 Cove Cay Dr #403 Clearwater, FL	2.0	2.0	1050	$2,300	$2.19	5d	1	0.98mi
2620 Cove Cay Dr #802 Clearwater, FL	1.0	1.5	810	$1,500	$1.85	25d	1	0.98mi
1819 Clearbrooke Dr Clearwater, FL	2.0	1.5	997	$2,125	$2.13	19d	1	1.03mi
2225 Nursery Rd Clearwater, FL	2.0	1.0–2.0	802	$1,552	$1.94	25d	1	1.10mi
2236 Morningside Dr Clearwater, FL	2.0	1.5	902	$2,200	$2.44	5d	1	1.12mi
2554 Oak Trl S Clearwater, FL	1.0–2.0	1.0–2.0	862	$1,415	$1.64	3d	14	1.13mi
2909 Gulf To Bay Blvd Clearwater, FL	1.0–2.0	1.0–2.0	931	$1,279	$1.37	4d	9	1.14mi
3616 Pine Cone Cir Clearwater, FL	2.0	2.0	1060	$1,800	$1.70	25d	1	1.14mi
3707 Pine Cone Cir Clearwater, FL	2.0	1.5	975	$1,900	$1.95	5d	1	1.14mi
1433 S Belcher Rd Unit F9 Clearwater, FL	2.0	2.0	855	$2,450	$2.87	3d	1	1.14mi

HOA detail condo

• Monthly dues: $498 · $5,976/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 41 events

1. 2026-06-13
   statusdays on market $79,900 Pending 129 DOM
2. 2026-06-09
   days on market $79,900 Active 126 DOM
3. 2026-06-08
   days on market $79,900 Active 125 DOM
4. 2026-06-07
   days on market $79,900 Active 124 DOM
5. 2026-06-04
   days on market $79,900 Active 121 DOM
6. 2026-06-03
   days on market $79,900 Active 120 DOM
7. 2026-06-01
   days on market $79,900 Active 118 DOM
8. 2026-05-31
   days on market $79,900 Active 117 DOM
9. 2026-05-04
   price $79,900
10. 2026-03-27
    price $89,900
11. 2026-03-26
    status Active
12. 2026-03-24
    status Pending
13. 2026-02-01
    listed $99,900 Active
14. 2026-01-28
    historical $1,750
15. 2026-01-28
    historical
16. 2026-01-01
    listed $1,750
17. 2025-12-22
    historical $1,750
18. 2025-12-06
    listed $1,750
19. 2025-11-09
    price $115,500
20. 2025-10-27
    listed $120,000 Active
21. 2025-06-27
    historical
22. 2025-05-26
    listed $125,500 Active
23. 2025-02-25
    soldstatus $110,000
24. 2025-02-13
    soldstatus $110,000 Closed
25. 2024-12-13
    status Pending
26. 2024-11-18
    price $128,500
27. 2024-10-22
    price $134,000
28. 2024-09-17
    status Active
29. 2024-09-07
    price $134,750
30. 2024-08-03
    listed $135,000 Active
31. 2023-03-31
    soldstatus $160,000
32. 2023-03-29
    soldstatus $160,000 Closed
33. 2023-03-09
    status Pending
34. 2023-03-07
    listed $159,900 Active
35. 2017-03-01
    soldstatus $64,000
36. 2017-02-28
    soldstatus $64,000 Sold
37. 2017-01-28
    status Pending
38. 2016-11-05
    listed $64,900 Active
39. 2013-06-03
    historical
40. 2013-04-01
    listed $39,900
41. 1986-03-01
    soldstatus $42,900

ⓘ 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: $2,186 · $182/mo
• Projected year-2 tax: $2,186 · $182/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 7/10 Severe FEMA zone X (unshaded) · 95% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,869
• − Mortgage interest: −$4,476
• − Property taxes: −$2,186
• − Insurance: −$1,197
• − Repairs & maintenance: −$1,749
• − Management: −$1,749
• − HOA: −$5,976
• − Depreciation: −$2,324
• Taxable income: $2,210
• Est. tax owed @ 24.0%: −$530
• After-tax cash flow: $2,358/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 — Clearwater

• Score: 82/100
• State rank: #60
• US rank: #988

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Clearwater, FL
• County: Pinellas County · 939,478 people
• City population: 170,933
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 27,311
• Household income: $67,256
• Rent vs Own: 34.0% rent · 66.0% own
• Severe rent burden: 1118.0

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 (76%)
• Race & ethnicity: White 76% Hispanic / Latino 13% Two or more races 8% Asian 4% Black 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2%
• Common ancestry: Romanian 4% Lithuanian 3% German 2%
• Foreign-born: 14% · Canada, Jamaica, Vietnam
• Languages at home: 80% English-only · Spanish 10% Russian/Polish/Slavic 4% 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: ▼ -350.08%
• Current HPI: 315.4133
• Rent YoY: ▼ -5.24%
• 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

+86.2% since first listed

33 events — show timeline

• 2026-05-04 Price Changed $79,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-27 Price Changed $89,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-01 Listed $99,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-28 Rental Removed $1,750 STELLARMLS
• 2026-01-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-01-01 Listed for Rent $1,750 STELLARMLS
• 2025-12-22 Rental Removed $1,750 STELLARMLS
• 2025-12-06 Listed for Rent $1,750 STELLARMLS
• 2025-11-09 Price Changed $115,500 Stellar MLS as Distributed by MLS Grid
• 2025-10-27 Listed $120,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-05-26 Listed $125,500 Stellar MLS as Distributed by MLS Grid
• 2025-02-25 Sold (Public Records) $110,000 Public Records
• 2025-02-13 Sold (MLS) $110,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-11-18 Price Changed $128,500 Stellar MLS as Distributed by MLS Grid
• 2024-10-22 Price Changed $134,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-09-07 Price Changed $134,750 Stellar MLS as Distributed by MLS Grid
• 2024-08-03 Listed $135,000 Stellar MLS as Distributed by MLS Grid
• 2023-03-31 Sold (Public Records) $160,000 Public Records
• 2023-03-29 Sold (MLS) $160,000 Stellar MLS as Distributed by MLS Grid
• 2023-03-09 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-03-07 Listed $159,900 Stellar MLS as Distributed by MLS Grid
• 2017-03-01 Sold (Public Records) $64,000 Public Records
• 2017-02-28 Sold (MLS) $64,000 Stellar MLS as Distributed by MLS Grid
• 2017-01-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-11-05 Listed $64,900 Stellar MLS as Distributed by MLS Grid
• 2013-06-03 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-04-01 Listed $39,900 Stellar MLS as Distributed by MLS Grid
• 1986-03-01 Sold (Public Records) $42,900 Public Records

Property tax history

+10.2%/yr

Latest (2025): $2,186 · -9.6% YoY. Source: county tax records.