12674 Seminole Blvd Unit C35 · Largo, FL 33778

$49,900

1 bd · 1.0 ba · 460 sqft · Manufactured public records · 182 Days on market

Built 1959 8.56 ac lot $192/mo HOA · 13% 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
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step into the epitome of serene, easy living with this charming mobile home nestled within the exclusive Midway community. Offering a tranquil haven for those aged 55 and above, this delightful 1 bed, 1 bath unit invites you to embrace the quintessential Florida lifestyle at an affordable price point. Immaculately maintained and radiating warmth, this home exudes a sense of care and attention to detail. Impeccably clean and well-cared-for, it stands as a testament to comfort and quality living. Imagine stepping into a space where every corner whispers of relaxation and ease, where the worries of monthly maintenance fade away into a remarkably low monthly cost of just $176—a true testament to the meaning of affordability. The Midway community itself boasts proximity to a myriad of conveniences, from fitness centers to bustling malls, enticing restaurants, and vibrant shops. Your every need is within reach, promising a lifestyle of convenience and leisure. Seize the opportunity to witness this gem firsthand; arrange a showing and step into a stress-free, blissful life. Don't miss the chance to make this haven your own, where affordability meets comfort, and the vibrant Florida lifestyle awaits.

Key facts

• Shuffleboard courts
• Newly paved roads
• Welcoming clubhouse

Tags

• MOBILE HOME PARK COOPERATIVE
• WELCOMING CLUBHOUSE
• SHUFFLEBOARD COURTS
• ON-SITE LAUNDRY FACILITY
• FUNCTIONAL STORAGE SHED
• NEWLY PAVED ROADS

Property features AI

Finance

• Other: Furnished; Directions available from Ulmerton Road and Seminole Blvd
• Financial info: Total annual fees $2,304; Lease restrictions apply
• HOA & community: Has HOA (monthly fee $192); HOA fee includes cable TV, escrow reserves fund, grounds maintenance, management, sewer, trash, and water; Association amenities: clubhouse, laundry, shuffleboard court, cable TV; Association approval required; Senior community; Pets not allowed; Full-time management; Golf carts allowed

Exterior

• Parking: Carport (1 space)
• Utilities: Public water; Public sewer; Cable connected; Sewer connected; Water connected
• Home design: Residential mobile home (single wide); One level; Faces west
• Construction: Metal frame construction; Roof over; Crawlspace with pillar/post/pier foundation
• Exterior features: Awning(s); Private mailbox; Storage shed(s)

Interior

• Kitchen: Microwave; Range; Range hood; Refrigerator; Electric water heater
• Bedrooms: 1 bedroom
• Flooring: Laminate; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Ductless heating; Wall/window air conditioning unit(s)
• Interior features: Ceiling fans; Eat-in kitchen; Kitchen/family room combo; Window treatments; Blinds
• Laundry & utility: Laundry in common area

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $50k.

Deal economics

• At list price, monthly cash flow is $724 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $50k).
• Recommended offer: $44k (12.0% below list) — sets the bar for market timing.
• Cap rate 23.7% vs local median 4.2% in Largo — 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 (#82 in FL, #1,240 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment 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 rising (+1.4%/yr); 139 active listings in the ZIP; 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 $345 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 1.4% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 182 days — a 12% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago; this cycle's ask has dropped $10k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: 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 $43,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 182 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 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 3.06% ✓
• Cap rate: 23.70%
• Cash-on-cash: 62.16%
• DSCR: 3.77
• GRM: 2.7

CMA / ARV

• ARV (on-the-fly): $25,300
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12674 Seminole Blvd Unit M1	0.00mi	1/1.0	420 (-9%)	4mo	$23,000	$55	82

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 · 1.38% rent growth · sell at horizon

5-year hold

• IRR: 59.1%
• Equity multiple: 3.55×
• Total profit: $35,669
• Equity at exit: $7,440

10-year hold

• IRR: 63.2%
• Equity multiple: 6.81×
• Total profit: $81,119
• Equity at exit: $4,314

Cash invested: $13,972 (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 33778

• Rents YoY: 1.4%
• Active inventory: 139
• Price-to-rent: 2.7×

Monthly cashflow live

• Estimated rent: $1,529 medium
• Mortgage (P&I): −$262
• Tax from tax record: −$10 /mo · $118/yr
• Insurance: −$21
• HOA: −$192
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $724

Break-even live

Break-even rent $613

Max offer price $49,900

Occupancy floor 48%

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: $12,475
• Closing costs: $1,497
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $192 · $2,304/yr
• Likely covers: gym

Listing history 22 events

1. 2026-06-18
   days on market $49,900 Active 182 DOM
2. 2026-06-17
   days on market $49,900 Active 181 DOM
3. 2026-06-16
   days on market $49,900 Active 180 DOM
4. 2026-06-15
   days on market $49,900 Active 179 DOM
5. 2026-06-13
   days on market $49,900 Active 177 DOM
6. 2026-06-09
   days on market $49,900 Active 173 DOM
7. 2026-06-08
   days on market $49,900 Active 172 DOM
8. 2026-06-07
   days on market $49,900 Active 171 DOM
9. 2026-06-04
   days on market $49,900 Active 168 DOM
10. 2026-06-03
    days on market $49,900 Active 167 DOM
11. 2026-06-01
    days on market $49,900 Active 165 DOM
12. 2026-05-31
    days on market $49,900 Active 164 DOM
13. 2026-03-14
    price $49,900
14. 2025-12-30
    price $55,900
15. 2025-12-18
    listed $59,900 Active
16. 2024-06-05
    soldstatus $50,000 Closed 1217-char remark

    Show marketing remark (1217 chars)

    Step into the epitome of serene, easy living with this charming mobile home nestled within the exclusive Midway community. Offering a tranquil haven for those aged 55 and above, this delightful 1 bed, 1 bath unit invites you to embrace the quintessential Florida lifestyle at an affordable price point. Immaculately maintained and radiating warmth, this home exudes a sense of care and attention to detail. Impeccably clean and well-cared-for, it stands as a testament to comfort and quality living. Imagine stepping into a space where every corner whispers of relaxation and ease, where the worries of monthly maintenance fade away into a remarkably low monthly cost of just $176—a true testament to the meaning of affordability. The Midway community itself boasts proximity to a myriad of conveniences, from fitness centers to bustling malls, enticing restaurants, and vibrant shops. Your every need is within reach, promising a lifestyle of convenience and leisure. Seize the opportunity to witness this gem firsthand; arrange a showing and step into a stress-free, blissful life. Don't miss the chance to make this haven your own, where affordability meets comfort, and the vibrant Florida lifestyle awaits.

17. 2024-05-27
    status Pending 1217-char remark

    Show marketing remark (1217 chars)

    Step into the epitome of serene, easy living with this charming mobile home nestled within the exclusive Midway community. Offering a tranquil haven for those aged 55 and above, this delightful 1 bed, 1 bath unit invites you to embrace the quintessential Florida lifestyle at an affordable price point. Immaculately maintained and radiating warmth, this home exudes a sense of care and attention to detail. Impeccably clean and well-cared-for, it stands as a testament to comfort and quality living. Imagine stepping into a space where every corner whispers of relaxation and ease, where the worries of monthly maintenance fade away into a remarkably low monthly cost of just $176—a true testament to the meaning of affordability. The Midway community itself boasts proximity to a myriad of conveniences, from fitness centers to bustling malls, enticing restaurants, and vibrant shops. Your every need is within reach, promising a lifestyle of convenience and leisure. Seize the opportunity to witness this gem firsthand; arrange a showing and step into a stress-free, blissful life. Don't miss the chance to make this haven your own, where affordability meets comfort, and the vibrant Florida lifestyle awaits.

18. 2024-04-17
    price $60,000 1217-char remark

    Show marketing remark (1217 chars)

    Step into the epitome of serene, easy living with this charming mobile home nestled within the exclusive Midway community. Offering a tranquil haven for those aged 55 and above, this delightful 1 bed, 1 bath unit invites you to embrace the quintessential Florida lifestyle at an affordable price point. Immaculately maintained and radiating warmth, this home exudes a sense of care and attention to detail. Impeccably clean and well-cared-for, it stands as a testament to comfort and quality living. Imagine stepping into a space where every corner whispers of relaxation and ease, where the worries of monthly maintenance fade away into a remarkably low monthly cost of just $176—a true testament to the meaning of affordability. The Midway community itself boasts proximity to a myriad of conveniences, from fitness centers to bustling malls, enticing restaurants, and vibrant shops. Your every need is within reach, promising a lifestyle of convenience and leisure. Seize the opportunity to witness this gem firsthand; arrange a showing and step into a stress-free, blissful life. Don't miss the chance to make this haven your own, where affordability meets comfort, and the vibrant Florida lifestyle awaits.

19. 2024-02-06
    price $67,500 1217-char remark

    Show marketing remark (1217 chars)

    Step into the epitome of serene, easy living with this charming mobile home nestled within the exclusive Midway community. Offering a tranquil haven for those aged 55 and above, this delightful 1 bed, 1 bath unit invites you to embrace the quintessential Florida lifestyle at an affordable price point. Immaculately maintained and radiating warmth, this home exudes a sense of care and attention to detail. Impeccably clean and well-cared-for, it stands as a testament to comfort and quality living. Imagine stepping into a space where every corner whispers of relaxation and ease, where the worries of monthly maintenance fade away into a remarkably low monthly cost of just $176—a true testament to the meaning of affordability. The Midway community itself boasts proximity to a myriad of conveniences, from fitness centers to bustling malls, enticing restaurants, and vibrant shops. Your every need is within reach, promising a lifestyle of convenience and leisure. Seize the opportunity to witness this gem firsthand; arrange a showing and step into a stress-free, blissful life. Don't miss the chance to make this haven your own, where affordability meets comfort, and the vibrant Florida lifestyle awaits.

20. 2024-01-02
    price $70,000 1217-char remark

    Show marketing remark (1217 chars)

    Step into the epitome of serene, easy living with this charming mobile home nestled within the exclusive Midway community. Offering a tranquil haven for those aged 55 and above, this delightful 1 bed, 1 bath unit invites you to embrace the quintessential Florida lifestyle at an affordable price point. Immaculately maintained and radiating warmth, this home exudes a sense of care and attention to detail. Impeccably clean and well-cared-for, it stands as a testament to comfort and quality living. Imagine stepping into a space where every corner whispers of relaxation and ease, where the worries of monthly maintenance fade away into a remarkably low monthly cost of just $176—a true testament to the meaning of affordability. The Midway community itself boasts proximity to a myriad of conveniences, from fitness centers to bustling malls, enticing restaurants, and vibrant shops. Your every need is within reach, promising a lifestyle of convenience and leisure. Seize the opportunity to witness this gem firsthand; arrange a showing and step into a stress-free, blissful life. Don't miss the chance to make this haven your own, where affordability meets comfort, and the vibrant Florida lifestyle awaits.

21. 2023-12-07
    listed $75,000 Active 1217-char remark

    Show marketing remark (1217 chars)

    Step into the epitome of serene, easy living with this charming mobile home nestled within the exclusive Midway community. Offering a tranquil haven for those aged 55 and above, this delightful 1 bed, 1 bath unit invites you to embrace the quintessential Florida lifestyle at an affordable price point. Immaculately maintained and radiating warmth, this home exudes a sense of care and attention to detail. Impeccably clean and well-cared-for, it stands as a testament to comfort and quality living. Imagine stepping into a space where every corner whispers of relaxation and ease, where the worries of monthly maintenance fade away into a remarkably low monthly cost of just $176—a true testament to the meaning of affordability. The Midway community itself boasts proximity to a myriad of conveniences, from fitness centers to bustling malls, enticing restaurants, and vibrant shops. Your every need is within reach, promising a lifestyle of convenience and leisure. Seize the opportunity to witness this gem firsthand; arrange a showing and step into a stress-free, blissful life. Don't miss the chance to make this haven your own, where affordability meets comfort, and the vibrant Florida lifestyle awaits.

22. 2006-06-01
    soldstatus $30,000

ⓘ 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: $118 · $10/mo
• Projected year-2 tax: $414 · $35/mo
• Expected delta: +$296/yr (+$25/mo · 251.4%)

ⓘ 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 · 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: $18,351
• − Mortgage interest: −$2,795
• − Property taxes: −$118
• − Insurance: −$250
• − Repairs & maintenance: −$1,468
• − Management: −$1,468
• − HOA: −$2,304
• − Depreciation: −$1,452
• Taxable income: $8,497
• Est. tax owed @ 24.0%: −$2,039
• After-tax cash flow: $6,646/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 — Largo

• Score: 82/100
• State rank: #82
• US rank: #1240

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Largo, FL
• County: Pinellas County · 939,478 people
• City population: 106,311
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 16,807
• Household income: $65,355
• Rent vs Own: 17.1% rent · 82.9% own
• Severe rent burden: 261.0

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 (72%)
• Race & ethnicity: White 72% Hispanic / Latino 15% Two or more races 11% Black 9% Asian 2%
• Hispanic origin (detail): Puerto Rican 3% Cuban 6%
• Common ancestry: Romanian 3% Italian 3% Lithuanian 3%
• Foreign-born: 13% · Canada, Vietnam, Jamaica
• Languages at home: 85% English-only · Spanish 10% Vietnamese 1% French/Haitian/Cajun 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: ▼ -320.64%
• Current HPI: 369.3008
• Rent YoY: ▲ 1.38%
• 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

+66.3% since first listed

10 events — show timeline

• 2026-03-14 Price Changed $49,900 Stellar MLS as Distributed by MLS Grid
• 2025-12-30 Price Changed $55,900 Stellar MLS as Distributed by MLS Grid
• 2025-12-18 Listed $59,900 Stellar MLS as Distributed by MLS Grid
• 2024-06-05 Sold (MLS) $50,000 Stellar MLS as Distributed by MLS Grid
• 2024-05-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-04-17 Price Changed $60,000 Stellar MLS as Distributed by MLS Grid
• 2024-02-06 Price Changed $67,500 Stellar MLS as Distributed by MLS Grid
• 2024-01-02 Price Changed $70,000 Stellar MLS as Distributed by MLS Grid
• 2023-12-07 Listed $75,000 Stellar MLS as Distributed by MLS Grid
• 2006-06-01 Sold (Public Records) $30,000 Public Records

Property tax history

-6.1%/yr

Latest (2025): $118 · -77.6% YoY. Source: county tax records.