1001 Starkey Rd #758 · Largo, FL 33771

$159,900

2 bd · 2.0 ba · 1,108 sqft · Manufactured public records · 42 Days on market

Built 1996 Est $154k · at est. $461/mo HOA · 24% 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 +17.0/30.0
• 1% rule +7.1/10.0
• ARV discount +5.8/15.0
• DSCR +5.3/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Just move in! Home is offered 'fully furnished', with all appliances, window coverings, Yamaha electric golf cart & an EV charger mounted in the carport. The owners have loved and cared for this home for 10 years but are ready for a new adventure. Improvements include replacement windows, AC w/ new ductwork, home has been re-piped. There is an entry into the living room & entry into the raised lanai which has an AC unit, windows/screens and a new ceramic floor. The living room and dining room are ample in size, also with laminate flooring. The master bedroom contains a walk-in closet & ensuite bathroom. The second bath is across from the guest bedroom. Located in a premie

Key facts

• Raised lanai
• Ev charger mounted
• New ductwork

Tags

• YAMAHA ELECTRIC GOLF CART
• EV CHARGER MOUNTED
• REPLACEMENT WINDOWS
• NEW DUCTWORK
• RE-PIPED
• RAISED LANAI

Property features AI

Finance

• Other: Senior community; Pets allowed with limits (cats and dogs; weight limit 40 lbs); Clubhouse and community recreation owned; Golf carts permitted; Irrigation with reclaimed water; Sidewalks in community; Directions available to park entrance
• Financial info: Lease restrictions apply
• HOA & community: HOA managed by Resource Property Management; Monthly association fee required; Buyer approval required for association; Association amenities include clubhouse, pool, spa/hot tub, recreation facilities, shuffleboard court, cable TV; Association fee covers cable TV, pool, internet, maintenance of grounds, management, recreational facilities, sewer, trash, water, and escrow reserves

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Electricity available and connected; Cable available and connected; BB/HS internet available; Sprinkler recycled; Water available and connected; Sewer available and connected
• Home design: Manufactured home (double wide); Single-story; Faces north; One-level entry
• Construction: Vinyl siding; Metal roof; Roof over; Crawlspace foundation; Built as double wide
• Exterior features: Enclosed patio/porch; Private mailbox; Sidewalks; Landscaped lot; Paved surfaces; Mature landscaping and trees; Shed(s)

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Ice maker; Solid surface counters
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Wall/window unit(s)
• Interior features: Built-in features; Cathedral ceilings; Ceiling fans; Dry bar; Open floor plan; Solid surface counters; Thermostat; Walk-in closets; Window treatments; Aluminum window frames; Blinds
• Laundry & utility: Inside laundry room; Washer; Dryer; Electric water heater; Irrigation equipment

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $160k.

Deal economics

• At list price, monthly cash flow is $110 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.1% 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 soft (-1.1%/yr); 220 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 39% of the median local income ($60k/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 $1k of loan paydown is wiped out by about $5k 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 42 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 24% 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 $155,103 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
6. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
7. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
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: 1.21% ✓
• Cap rate: 7.12%
• Cash-on-cash: 2.94%
• DSCR: 1.13
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $154,012
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1001 Starkey Rd #476	0.00mi	2/2.0	1,199 (+8%)	3mo	$160,000	$133	84
1100 Belcher Rd S #605	0.52mi	2/2.0	1,104 (-0%)	3mo	$110,000	$100	73
1100 Belcher Rd S #232	0.52mi	2/2.0	1,152 (+4%)	1mo	$55,000	$48	68
1100 Belcher Rd S #23	0.52mi	2/1.5	1,036 (-6%)	3mo	$109,900	$106	60
1100 Belcher Rd S #749	0.52mi	2/2.0	1,200 (+8%)	2mo	$149,900	$125	60
1100 Belcher Rd S #123	0.52mi	2/2.0	1,208 (+9%)	5mo	$168,500	$139	56
1100 Belcher Rd S #537	0.52mi	2/2.0	1,044 (-6%)	12mo	$185,000	$177	56
1100 Belcher Rd S #403	0.52mi	2/2.0	1,008 (-9%)	8mo	$240,000	$238	54
1100 Belcher Rd S #558	0.52mi	2/2.0	1,222 (+10%)	7mo	$175,000	$143	53
1100 Belcher Rd S #121	0.52mi	2/2.0	1,008 (-9%)	9mo	$190,000	$188	53
1100 Belcher Rd S #371	0.52mi	2/2.0	960 (-13%)	2mo	$130,000	$135	52
1100 Belcher Rd S #176	0.52mi	2/2.0	1,198 (+8%)	13mo	$225,000	$188	51

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: -15.9%
• Equity multiple: 0.46×
• Total profit: $-24,374
• Equity at exit: $23,842

10-year hold

• IRR: -16.0%
• Equity multiple: 0.26×
• Total profit: $-33,255
• Equity at exit: $13,825

Cash invested: $44,772 (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 33771

• Home prices YoY: -30.2%
• Rents YoY: -1.1%
• Active inventory: 220
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,937 high
• Mortgage (P&I): −$839
• Tax from tax record: −$54 /mo · $651/yr
• Insurance: −$67
• HOA: −$461
• Vacancy / Maint / Mgmt: −$407
• Net cashflow: $110

Break-even live

Break-even rent $1,798

Max offer price $159,900

Occupancy floor 89%

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2871 S Pines Dr #24 Largo, FL	2.0	1.5	1048	$1,800	$1.72	24d	1	0.20mi
3030 Whispering Dr N Largo, FL	3.0	2.0	1348	$3,600	$2.67	24d	1	0.35mi
8775 Christie Dr Largo, FL	2.0	3.0	1300	$2,198	$1.69	18d	1	0.36mi
636 Lake Palms Dr Unit Stylish Largo, FL	3.0	2.0	1000	$2,200	$2.20	24d	1	0.41mi
636 Lake Palms Dr Unit Stylish Largo, FL	2.0	2.0	870	$2,000	$2.30	4d	1	0.41mi
960 Starkey Rd #8402 Largo, FL	2.0	2.0	1324	$2,200	$1.66	24d	1	0.42mi
960 Starkey Rd #5105 Largo, FL	2.0	2.0	1324	$2,295	$1.73	24d	1	0.46mi
3331 Whispering Dr N Largo, FL	2.0	2.0	1053	$2,190	$2.08	24d	1	0.46mi
960 Starkey Rd #10305 Largo, FL	2.0	2.0	1324	$2,200	$1.66	15d	1	0.52mi
3073 Pine Tree Ave Largo, FL	2.0	1.0	825	$1,350	$1.64	24d	1	0.53mi
779 34th St SE Unit 1319966P Largo, FL	2.0	1.0	990	$2,941	$2.97	7d	1	0.54mi
3135 Pine Tree Ave Unit A Largo, FL	2.0	1.0	923	$1,395	$1.51	22d	1	0.55mi
3135 Pine Tree Ave Largo, FL	2.0	1.0	923	$1,395	$1.51	11d	1	0.55mi
9122 Jakes Path Largo, FL	3.0	2.5	1461	$2,600	$1.78	24d	1	0.55mi
1200 Country Club Dr #1502 Largo, FL	2.0	2.0	1320	$2,350	$1.78	4d	1	0.56mi
1200 Country Club Dr #4102 Largo, FL	2.0	2.0	1324	$2,100	$1.59	4d	1	0.56mi
1200 Country Club Dr #3302 Largo, FL	2.0	2.0	1320	$2,200	$1.67	4d	1	0.56mi
1601 Palm Way Largo, FL	3.0	1.0	1084	$1,950	$1.80	24d	1	0.56mi
2505 E Bay Dr Lot 77 Largo, FL	2.0	1.5	1080	$1,395	$1.29	20d	1	0.64mi
600 Starkey Rd Largo, FL	1.0–3.0	1.0–2.0	982	$1,774	$1.81	3d	21	0.66mi
3022 Meadow Lake Ave Largo, FL	2.0	1.0	900	$1,450	$1.61	11d	1	0.68mi
3022 Meadow Lake Ave Largo, FL	2.0	1.0	900	$1,450	$1.61	4d	1	0.68mi
3736 141st Pl Largo, FL	2.0	1.0	805	$1,650	$2.05	24d	1	0.71mi
44 Countryclub Dr #44 Largo, FL	2.0	2.0	1278	$2,300	$1.80	24d	1	0.73mi
2291 E Bay Dr Largo, FL	2.0	2.0	708	$1,600	$2.26	22d	1	0.78mi
2291 E Bay Dr Largo, FL	2.0	2.0	708	$1,600	$2.26	20d	1	0.78mi
2045 E Bay Dr Largo, FL	1.0–2.0	1.0–2.0	1114	$1,830	$1.64	2d	15	0.79mi
3718 138th Ave N Unit 2 Largo, FL	2.0	1.0	750	$1,500	$2.00	24d	1	0.80mi
225 Country Club Dr #1404 Largo, FL	2.0	2.0	1440	$1,700	$1.18	4d	1	0.80mi
3767 138th Ave N Unit B Largo, FL	2.0	1.0	780	$1,495	$1.92	2d	1	0.81mi
69 Country Club Dr Largo, FL	2.0	2.0	1278	$2,000	$1.56	24d	1	0.81mi
68 Country Club Dr Largo, FL	2.0	2.0	1396	$2,100	$1.50	24d	1	0.81mi
84 21st Ter SE Unit 1502691P Largo, FL	3.0	2.0	1291	$5,914	$4.58	7d	1	0.83mi
3377 Sherwood Dr Unit A Largo, FL	2.0	1.0	1064	$1,650	$1.55	7d	1	0.95mi
14875 Cromwell Dr Clearwater, FL	3.0	2.0	1485	$2,195	$1.48	16d	1	0.96mi
199 Fulton St NE Unit 4 Largo, FL	2.0	1.0	760	$1,600	$2.11	14d	1	0.97mi
200 Country Club Dr #1505 Largo, FL	3.0	2.0	1255	$1,980	$1.58	15d	1	0.99mi
301 Seacrest Dr Largo, FL	1.0–2.0	1.0–1.5	975	$1,625	$1.67	22d	1	1.10mi
9925 Ulmerton Rd #74 Largo, FL	2.0	1.5	1140	$1,800	$1.58	18d	1	1.13mi
101 Imperial Palm Dr Largo, FL	1.0–2.0	1.0–2.0	907	$1,810	$1.99	2d	35	1.18mi

HOA detail

• Monthly dues: $461 · $5,532/yr
• Likely covers: electric

Listing history 16 events

1. 2026-06-18
   days on market $159,900 Active 42 DOM
2. 2026-06-17
   days on market $159,900 Active 41 DOM
3. 2026-06-16
   days on market $159,900 Active 40 DOM
4. 2026-06-15
   days on market $159,900 Active 39 DOM
5. 2026-06-13
   days on market $159,900 Active 37 DOM
6. 2026-06-09
   days on market $159,900 Active 33 DOM
7. 2026-06-08
   days on market $159,900 Active 32 DOM
8. 2026-06-07
   days on market $159,900 Active 31 DOM
9. 2026-06-04
   days on market $159,900 Active 28 DOM
10. 2026-06-03
    days on market $159,900 Active 27 DOM
11. 2026-06-01
    days on market $159,900 Active 25 DOM
12. 2026-05-31
    days on market $159,900 Active 24 DOM
13. 2026-05-07
    listed $159,900 Active
14. 2026-04-16
    historical
15. 2026-02-05
    price $164,000
16. 2025-10-11
    listed $169,000 Active

ⓘ 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: $651 · $54/mo
• Projected year-2 tax: $1,327 · $111/mo
• Expected delta: +$676/yr (+$56/mo · 103.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 12% 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,243
• − Mortgage interest: −$8,957
• − Property taxes: −$651
• − Insurance: −$800
• − Repairs & maintenance: −$1,859
• − Management: −$1,859
• − HOA: −$5,532
• − Depreciation: −$4,652
• Taxable loss: −$1,067
• Est. tax savings @ 24.0%: +$256
• After-tax cash flow: $1,573/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): 27,596
• Household income: $59,993
• Rent vs Own: 35.5% rent · 64.5% own
• Severe rent burden: 1243.0

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 (74%)
• Race & ethnicity: White 74% Hispanic / Latino 14% Two or more races 9% Black 4% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6% Dominican 2%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 13% · Canada, Jamaica, Guatemala
• Languages at home: 82% English-only · Spanish 12% Other Indo-European 2% Russian/Polish/Slavic 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: ▼ -135.36%
• Current HPI: 313.5044
• Rent YoY: ▼ -1.06%
• 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

-5.4% since first listed

4 events — show timeline

• 2026-05-07 Listed $159,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-05 Price Changed $164,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-11 Listed $169,000 Stellar MLS as Distributed by MLS Grid

Property tax history

-4.7%/yr

Latest (2025): $651 · +7.4% YoY. Source: county tax records.