14514 Callen Glen Way · Balm, FL 33598

$325,000

3 bd · 2.0 ba · 1,414 sqft · SingleFamily public records · 6 Days on market

Built 2018 5,878 sqft lot $9/mo HOA

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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 +9.2/30.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Appreciation +3.8/10.0
• 1% rule +3.4/10.0
• Livability +3.2/5.0
• DSCR +2.6/10.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0

Listing remarks MLS

You'll be captivated by the elegance and functionality of this 3-bedroom, 2-bathroom residence spanning over 1414 square feet of living space in the heart of Wimauma, Florida! This stunning property, built in 2018, is a dream come true that offers modern living at its finest. The first thing you'll notice as you enter is the beautifully updated kitchen, featuring luxurious quartz countertops, sleek Black Matte appliances, and pristine white cabinets that provide ample storage space. The kitchen also boasts a stylish backsplash and a composite sink, giving it a contemporary and classy feel. The living spaces have been upgraded with elegant Luxury Vinyl Plank flooring, which not only enhances the overall aesthetic but also offers durability and easy maintenance. The vinyl plank flooring was installed in November 2022, adding a fresh touch to the entire house. This home is perfect for families and those who love to entertain, thanks to its spacious and private fenced yard adorned with turf, providing a lush and green space without the hassle of traditional grass. Enjoy gatherings on the inviting paver patio, creating the perfect outdoor retreat for relaxing and hosting events. For your vehicles and storage needs, the property comes with a convenient 2-car garage. Beyond the charming features of the home itself, you'll find a host of amenities within the community. Take advantage of the pool on warm Florida days, enjoy social gatherings in the clubhouse, keep fit in the well-equipped fitness center, and watch your loved ones play in the community playground. The list of upgrades made to this home is extensive, ensuring a truly turnkey living experience: Storm Door (2018) for added security and protection, Blinds throughout (2020) providing privacy and light control, Painting throughout - ceilings, trim, doors, walls (January 2023) refreshing the interior, Screened-in lanai (2018) creating a bug-free outdoor space to enjoy the Florida breeze, Paver Patio (2019) adding an elegant outdoor entertainment area, Turf (Summer 2022) for a low-maintenance and green yard, Landscape Curbing (2019) enhancing the curb appeal, Landscape Rock (2019) for an attractive and easy-to-maintain garden, PVC Vinyl Fence (2020) ensuring privacy and security, GE Cafe Appliances (2021) a premium upgrade in the kitchen, Upgraded fans & light fixtures throughout enhancing the ambiance, Water Softener (2019) for improved water quality, New Electrical Panel (2021) ensuring safety and reliability, Garage door springs & rollers (2023) for smooth and reliable operation, Upgraded faucets & bathroom fixtures, cabinetry handles, and filtered water dispenser adding touches of luxury throughout, and  Closet Organizers in the front bedroom & master, with custom closet bifold doors optimizing storage and organization. This home has been lovingly maintained and meticulously upgraded, offering a wonderful blend of comfort, style, and functionality.

Key facts

• Open floor plan
• Screened rear patio
• No side neighbors

Tags

• FRESH EXTERIOR PAINT
• LUXURY VINYL FLOORING
• OPEN FLOOR PLAN
• SCREENED REAR PATIO
• ARTIFICIAL TURF
• NO SIDE NEIGHBORS

Property features AI

Finance

• Other: No lease restrictions noted
• HOA & community: HOA managed by McNeil Property Management; HOA required — $115 annually (about $9.58/month); HOA covers pool, recreational facilities, grounds maintenance, general maintenance and escrow reserves; Pets allowed

Exterior

• Parking: Attached garage; 2-car garage
• Utilities: Public water; Public sewer; Electricity connected; Cable connected; Broadband/high-speed internet available
• Home design: Single-family residence; One story; Faces west; Homesteaded
• Construction: Stucco exterior; Shingle roof; Slab foundation; Built on lot of about 0.13 acres
• Exterior features: Asphalt road access; Pool in community; Lot dimensions approximately 51.11 x 115

Interior

• Kitchen: Cooktop; Range; Microwave; Refrigerator; Freezer; Dishwasher; Disposal
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Open floorplan; Central heating; Central air
• Laundry & utility: Indoor laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $-246 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $282k (13.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $272k (16.2% below list).
• Recommended offer: $272k (16.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 63/100 on livability (#742 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: schools F, amenities F, commute F.
• Hillsborough (suburban): math 47% / reading 50% proficiency, ranked #41 of 73 in FL (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-2.5%/yr); 674 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• This rent runs 34% of the median local income ($98k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-2.4%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 3y ago 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $272,303 (16.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
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. Schools are F-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. 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?
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: 0.84% ✗
• Cap rate: 5.38%
• Cash-on-cash: -3.25%
• DSCR: 0.86
• GRM: 9.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-2.35% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -20.4%
• Equity multiple: 0.26×
• Total profit: $-67,215
• Equity at exit: $58,004

10-year hold

• IRR: -19.9%
• Equity multiple: -0.11×
• Total profit: $-101,152
• Equity at exit: $44,774

Cash invested: $91,000 (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 33598

• Home prices YoY: -0.9%
• Rents YoY: -2.5%
• Active inventory: 674
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,723 high
• Mortgage (P&I): −$1,704
• Tax from tax record: −$549 /mo · $6,583/yr
• Insurance: −$135
• HOA: −$9
• Vacancy / Maint / Mgmt: −$572
• Net cashflow: $-246

Break-even live

Break-even rent $3,035

Max offer price $281,516

Occupancy floor —

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: $81,250
• Closing costs: $9,750
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14525 Scottburgh Glen Dr Wimauma, FL	3.0	2.0	1704	$3,300	$1.94	22d	1	0.11mi
14906 Imperial Purple Ln Wimauma, FL	3.0	2.0	1771	$2,250	$1.27	18d	1	0.45mi
14906 Imperial Purple Ln Wimauma, FL	3.0	2.0	1561	$2,250	$1.44	5d	1	0.45mi
10438 Carloway Hills Dr Wimauma, FL	4.0	3.0	1860	$2,500	$1.34	24d	1	0.55mi
14471 Stagedoor Johnny Pl Ruskin, FL	1.0–3.0	1.0–2.0	1138	$2,344	$2.06	3d	22	1.09mi
14452 Easy Goer St Ruskin, FL	3.0	2.5	1701	$2,250	$1.32	13d	1	1.12mi
14409 Easy Goer St Ruskin, FL	3.0	2.5	1666	$1,800	$1.08	24d	1	1.15mi
14339 Easy Goer St Ruskin, FL	3.0	2.5	1701	$2,350	$1.38	22d	1	1.17mi
14442 Editors Note St Ruskin, FL	3.0	2.5	1701	$2,100	$1.23	5d	1	1.18mi
14010 Hollow Leaf Pl Riverview, FL	3.0	2.0	1670	$2,195	$1.31	10d	1	1.30mi
15628 Aurora Lake Cir Wimauma, FL	2.0	2.0	1747	$2,200	$1.26	24d	1	1.31mi
10405 Apollo Manor Cir Riverview, FL	1.0–3.0	1.0–2.0	1116	$3,163	$2.83	2d	31	1.42mi
10313 Celtic Ash Dr Ruskin, FL	3.0	2.0	1394	$2,005	$1.44	16d	1	1.49mi

HOA detail

• Monthly dues: $9 · $108/yr
• Likely covers: waterelectricpoolgymsecurity

Listing history 5 events

1. 2026-06-13
   statusdays on market $325,000 Pending 6 DOM
2. 2026-06-09
   days on market $325,000 Active 5 DOM
3. 2026-06-08
   days on market $325,000 Active 4 DOM
4. 2026-06-07
   remarks 699-char remark
5. 2026-06-07
   listed $325,000 Active 3 DOM

ⓘ 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: $6,583 · $549/mo
• Projected year-2 tax: $6,583 · $549/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°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: $32,676
• − Mortgage interest: −$18,205
• − Property taxes: −$6,583
• − Insurance: −$1,625
• − Repairs & maintenance: −$2,614
• − Management: −$2,614
• − HOA: −$108
• − Depreciation: −$9,455
• Taxable loss: −$8,528
• Est. tax savings @ 24.0%: +$2,047
• After-tax cash flow: $-907/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: Hillsborough
• NCES district ID: 1200870
• Math proficiency: 47% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $50,622
• Composite: 41.6/100
• National rank: #3435
• State rank: #41 of 73 in FL

Livability — Balm

• Score: 63/100
• State rank: #742
• US rank: #16016

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Balm, FL
• County: Hillsborough County · 1,540,968 people
• City population: 32,820
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 32,820
• Household income: $97,520
• Rent vs Own: 12.8% rent · 87.2% own
• Severe rent burden: 149.0

Population outlook (Hillsborough County) Hauer SSP2

• Today (2025): 1,607,022 people
• By 2030: 1,733,968 · +7.9%
• By 2040: 1,979,565 · +23.2%
• By 2050: 2,203,427 · +37.1%
• By 2075: 2,667,893 · +66.0%
• By 2100: 2,891,558 · +79.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 40% Hispanic / Latino 39% Black 14% Two or more races 11% Asian 2%
• Hispanic origin (detail): Mexican 26% Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 2% Scotch-Irish 2% Lithuanian 1%
• Foreign-born: 23% · Canada, Jamaica, Guatemala
• Languages at home: 62% English-only · Spanish 35% Other Indo-European 1% Arabic 1%

Political lean MEDSL · Hillsborough

• 2024 margin: Toss-up / Even · D 47.8% · R 50.9% · Other 1.3%
• 2008→2024 swing: -10.2pp toward R · 2008: 7.1pp · 2024: -3.1pp
• All cycles: 2024: R+3.1 2020: D+6.9 2016: D+6.8 2012: D+6.7 2008: D+7.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -2.35%
• Current HPI: 271.8552
• Rent YoY: ▼ -2.50%
• 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

+0.0% since first listed

5 events — show timeline

• 2026-06-04 Listed $325,000 Stellar MLS as Distributed by MLS Grid
• 2023-10-03 Sold (Public Records) $335,000 Public Records
• 2023-09-28 Sold (MLS) $335,000 Stellar MLS as Distributed by MLS Grid
• 2023-08-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-08-02 Listed $325,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+12.0%/yr

Latest (2025): $6,583 · -8.9% YoY. Source: county tax records.