9227 143rd St · Seminole, FL 33776

$479,000

3 bd · 3.0 ba · 2,307 sqft · SingleFamily public records · 63 Days on market

Built 1968 6,190 sqft lot Est $727k · 34% under $251/mo HOA · 5% of rent

---

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 +24.4/30.0
• ARV discount +15.0/15.0
• DSCR +7.9/10.0
• 1% rule +5.9/10.0
• 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

This lovely Skipper model has been nicely updated and in impeccable condition. Of the 386 homes in Tamarac, this home is the largest home in the subdivision. The home has more than enough closet space and can easily accommodate four bedrooms, a den, or three bedrooms, an office and a den, closets and all. Two completely new air-conditioning systems installed March 2026. Home also has two water heaters, one at each end of the home. Tile and carpet throughout with exceptionally large rooms. Tamarac offers a multitude of amenities like shuffleboard, line dancing, yoga, pool activities, table tennis, corn hole, you name it, Tamarac has it all. Many fine and casual dining opportunities, banking

Key facts

• Water heaters
• Large home
• Large rooms

Tags

• LARGE HOME
• CLOSET SPACE
• NEW AIR CONDITIONING SYSTEMS
• WATER HEATERS
• TILE AND CARPET
• LARGE ROOMS

Property features AI

Finance

• Other: Senior community; Pets allowed (cats and dogs)
• Financial info: Total monthly HOA $251; total annual fees $3,012; Lease restrictions apply
• HOA & community: Has HOA; monthly fee $251 (includes pool, maintenance grounds, sewer, trash, water, private road, recreational facilities, escrow reserves fund, pest control); Association requires approval; Clubhouse, pool and recreation facilities; Shuffleboard court; Dog park; Street lights; Deed restrictions; vehicle and fence restrictions; Irrigation with reclaimed water; Buyer approval required

Exterior

• Parking: Attached garage (1 car)
• Security: Smoke detectors
• Utilities: Public water; Public sewer; Electricity connected; Cable connected; Phone available; Underground utilities; Fire hydrant nearby; Sprinkler recycled; Water connected; Sewer connected
• Home design: Single family residence; One-story (single level); Facing west; Completed condition
• Construction: Block and stucco construction; Concrete and tile roof; Slab foundation; Built by Rutenberg (Skipper model)
• Exterior features: Covered patio/porch; Deck; Front porch; Patio; Awnings; French doors; Hurricane shutters; Rain gutters; Shade shutters; Sidewalk; Mature landscaping with oak trees; Irrigation equipment; Cleared, landscaped and oversized lot; Near public transit; Paved driveway/roads

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Ice maker; Exhaust fan; Electric water heater
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Electric heating; Heat pump; Zoned heating; Central air conditioning
• Interior features: Built-in features; Ceiling fans; Open floorplan; Solid surface counters; Split bedroom layout; Thermostat; Walk-in closets; Window treatments; Skylights; Blinds, shades and shutters
• Laundry & utility: Washer; Dryer; Laundry closet; Inside utility

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $479k.

Deal economics

• At list price, monthly cash flow is $975 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $479k).
• Recommended offer: $450k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.7% 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: 146 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 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 $3k of loan paydown is wiped out by about $14k 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 63 days — a 6% lower offer ($450k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $122k; list at $479k implies a 293% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $450,260 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1968 — 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. 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?
7. 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.
8. 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.
9. 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: 1.09% ✓
• Cap rate: 8.74%
• Cash-on-cash: 8.73%
• DSCR: 1.39
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $726,705
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9238 Sea Oaks Ct	0.07mi	4/3.0 (+1)	2,201 (-5%)	3mo	$610,000	$277	82
14546 Anchorage Cir	0.34mi	4/3.0 (+1)	2,493 (+8%)	3mo	$785,000	$315	63
14161 83rd Pl	0.55mi	4/3.0 (+1)	2,236 (-3%)	5mo	$835,000	$373	60
13764 86th Ave	0.59mi	4/3.0 (+1)	2,420 (+5%)	1mo	$570,000	$236	59
8310 140th St	0.61mi	4/3.0 (+1)	2,409 (+4%)	6mo	$845,000	$351	54
14265 85th Ave	0.43mi	4/3.0 (+1)	2,540 (+10%)	5mo	$745,000	$293	54
9622 Oakhurst Rd	0.34mi	4/2.0 (+1)	1,969 (-15%)	0mo	$660,000	$335	50
14261 Passage Way	0.59mi	4/2.0 (+1)	2,127 (-8%)	1mo	$775,000	$364	50
9760 136th St	0.62mi	3/2.0	2,055 (-11%)	0mo	$600,000	$292	49
13821 88th Ter	0.44mi	4/2.0 (+1)	2,054 (-11%)	7mo	$611,500	$298	46
14359 82nd Ter	0.60mi	4/2.5 (+1)	2,510 (+9%)	6mo	$720,000	$287	46
10221 Bay Hills Dr	0.65mi	3/2.0	2,024 (-12%)	8mo	$725,000	$358	38

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -3.1%
• Equity multiple: 0.88×
• Total profit: $-15,520
• Equity at exit: $71,420

10-year hold

• IRR: 6.6%
• Equity multiple: 1.49×
• Total profit: $66,382
• Equity at exit: $41,415

Cash invested: $134,120 (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 33776

• Active inventory: 146
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $5,214 high
• Mortgage (P&I): −$2,512
• Tax from tax record: −$181 /mo · $2,174/yr
• Insurance: −$200
• HOA: −$251
• Vacancy / Maint / Mgmt: −$1,095
• Net cashflow: $975

Break-even live

Break-even rent $3,979

Max offer price $479,000

Occupancy floor 76%

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: $119,750
• Closing costs: $14,370
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14414 91st Ave Seminole, FL	3.0	2.5	2083	$8,000	$3.84	24d	1	0.15mi
9652 Commodore Dr Seminole, FL	3.0	2.0	1680	$2,800	$1.67	11d	1	0.28mi
9614 Tara Cay Ct Seminole, FL	4.0	4.0	2100	$2,850	$1.36	20d	1	0.42mi
9794 Indian Key Trl Unit 90 Seminole, FL	4.0	4.0	2174	$3,650	$1.68	24d	1	0.46mi
14323 83rd Pl N Unit 1471180P Seminole, FL	4.0	3.0	2895	$13,452	$4.65	22d	1	0.56mi
19505 Gulf Blvd #304 Indian Shores, FL	4.0	2.5	2388	$15,000	$6.28	4d	1	0.64mi
19646 Gulf Blvd #3 Indian Shores, FL	4.0	2.0	1600	$2,975	$1.86	24d	1	0.66mi
19138 Whispering Pines Dr Indian Shores, FL	4.0	3.0	2424	$8,000	$3.30	24d	1	0.85mi
13964 106th Ave Largo, FL	3.0	2.0	2281	$3,500	$1.53	24d	1	0.90mi
7672 140th St Unit NA Seminole, FL	4.0	3.5	2840	$4,700	$1.65	4d	1	1.00mi
10285 Barry Dr Largo, FL	3.0	3.0	3008	$8,500	$2.83	24d	1	1.07mi
14623 Sunset Dr Largo, FL	3.0	2.0	1621	$2,545	$1.57	4d	1	1.11mi
11290 142nd St Largo, FL	4.0	2.0	2268	$4,550	$2.01	4d	1	1.28mi
12731 82nd Ave Seminole, FL	4.0	2.0	1594	$3,395	$2.13	24d	1	1.43mi

HOA detail

• Monthly dues: $251 · $3,012/yr
• Likely covers: watercablepool

Listing history 16 events

1. 2026-06-18
   days on market $479,000 Active 63 DOM
2. 2026-06-17
   days on market $479,000 Active 62 DOM
3. 2026-06-16
   days on market $479,000 Active 61 DOM
4. 2026-06-15
   days on market $479,000 Active 60 DOM
5. 2026-06-13
   days on market $479,000 Active 58 DOM
6. 2026-06-09
   days on market $479,000 Active 54 DOM
7. 2026-06-08
   days on market $479,000 Active 53 DOM
8. 2026-06-07
   days on market $479,000 Active 52 DOM
9. 2026-06-04
   days on market $479,000 Active 49 DOM
10. 2026-06-03
    days on market $479,000 Active 48 DOM
11. 2026-06-01
    days on market $479,000 Active 46 DOM
12. 2026-05-31
    days on market $479,000 Active 45 DOM
13. 2026-04-16
    listed $479,000 Active
14. 2002-03-11
    soldstatus $122,000
15. 1997-03-21
    soldstatus $76,500
16. 1983-12-01
    soldstatus $58,000

ⓘ 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: $2,174 · $181/mo
• Projected year-2 tax: $3,976 · $331/mo
• Expected delta: +$1,801/yr (+$150/mo · 82.8%)

ⓘ 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) · 10% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 27 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: $62,568
• − Mortgage interest: −$26,831
• − Property taxes: −$2,174
• − Insurance: −$2,395
• − Repairs & maintenance: −$5,005
• − Management: −$5,005
• − HOA: −$3,012
• − Depreciation: −$13,935
• Taxable income: $4,210
• Est. tax owed @ 24.0%: −$1,010
• After-tax cash flow: $10,694/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

• City population: 42,315
• Population (ZIP): 12,711

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 7% Two or more races 7% Asian 2% Black 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Romanian 7% Lithuanian 3% Slovak 1%
• Foreign-born: 9% · Canada, Jamaica
• Languages at home: 89% English-only · Other Indo-European 4% Russian/Polish/Slavic 3% Spanish 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: ▼ -455.42%
• Current HPI: 337.3149
• Rent YoY: —
• Metro: —
• 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

+725.9% since first listed

4 events — show timeline

• 2026-04-16 Listed $479,000 Stellar MLS as Distributed by MLS Grid
• 2002-03-11 Sold (Public Records) $122,000 Public Records
• 1997-03-21 Sold (Public Records) $76,500 Public Records
• 1983-12-01 Sold (Public Records) $58,000 Public Records

Property tax history

-1.2%/yr

Latest (2025): $2,174 · +7.8% YoY. Source: county tax records.