11244 101st Way #136 · Largo, FL 33773

$219,900

3 bd · 2.0 ba · 1,338 sqft · Manufactured public records · 58 Days on market

Built 2003 Est $201k · 10% over $212/mo HOA · 9% of rent

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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 +21.0/30.0
• DSCR +6.7/10.0
• 1% rule +5.8/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• ARV discount +3.2/15.0
• Condition / age +2.5/5.0
• Rent growth +1.7/5.0
• Appreciation +0.0/10.0

Listing remarks

Do not wait! Hurry to see this Beautiful & Upgraded 2004 Jacobsen Model Home! 24x55, 3 Bedroom, + office & added enclosed 11x16 Florida Room to enjoy! Wonderful 12x12 Workshop/Storage Shed & Laundry, with newer Washer/Dryer included! Newer Roof Over '17, updated Central Air/Heat '24 & Water Heater '23, all all newly updated Kitchen Stainless Steel Appliances! All upgraded drywall interior, panel interior doors,   &   impressive double doors - master bathroom suite with garden tub & shower! So many extras to see! This beautiful home has all the upgrades & all you would want! Decorator Touches & ready to move in! Small pet ok! Cash Only!

Key facts

• Newer roof
• Newer water heater
• 2 parking spots

Tags

• UPGRADED JACOBSEN MODEL HOME
• ENCLOSED FLORIDA ROOM
• WORKSHOP STORAGE SHED
• NEWER ROOF
• UPDATED CENTRAL AIR HEAT
• NEWER WATER HEATER

Property features AI

Finance

• Other: Partially furnished
• Financial info: Lease restrictions apply
• HOA & community: Marlaine association with required approval; Monthly association fee of $212; Association covers pool, spa/hot tub, common area taxes, escrow reserves, grounds maintenance, management, private road, recreational facilities, sewer, trash and water; Community amenities include clubhouse, pool, recreation facilities, shuffleboard court, laundry, sidewalks, street lights; golf carts allowed; buyer approval required; Senior community; Pets allowed (cats and dogs), max pet weight 20 lbs

Exterior

• Parking: Covered parking; Carport with 2 spaces
• Utilities: Public water; Public sewer; Sewer connected; Water connected; Cable available
• Home design: Manufactured double wide home; Residential property; One level; Northeast facing; Homestead exempt
• Construction: Vinyl siding; Roof over; Crawlspace foundation; Built as a manufactured home
• Exterior features: Awning(s); Exterior lighting; Sidewalk; Storage

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Cathedral and vaulted ceilings with high ceilings; Ceiling fans; Eat-in kitchen; Window treatments (blinds)
• Laundry & utility: Washer hookup; Dryer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $220k.

Deal economics

• At list price, monthly cash flow is $-115 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $200k (9.2% below list).
• Meets the 1% rule at list price ($2k rent vs $220k).
• Recommended offer: $200k (9.2% below list) — sets the bar for cash-flow.
• Cap rate 8.0% 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 falling (-3.4%/yr); 118 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 37% of the median local income ($77k/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 $2k of loan paydown is wiped out by about $7k 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 58 days — a 3% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $32k; list at $220k implies a 577% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $199,648 (9.2% 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. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 1.08% ✓
• Cap rate: 7.99%
• Cash-on-cash: 6.08%
• DSCR: 1.27
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $200,700
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10330 Broadview Dr #68	0.49mi	2/2.0 (-1)	1,296 (-3%)	19mo	$195,000	$150	52

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: -24.4%
• Equity multiple: 0.19×
• Total profit: $-49,595
• Equity at exit: $32,788

10-year hold

• IRR: -38.8%
• Equity multiple: -0.27×
• Total profit: $-78,260
• Equity at exit: $19,013

Cash invested: $61,572 (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 33773

• Rents YoY: -3.4%
• Active inventory: 118
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $2,385 high
• Mortgage (P&I): −$1,153
• Tax from tax record: −$116 /mo · $1,388/yr
• Insurance: −$92
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$212
• Vacancy / Maint / Mgmt: −$501
• Net cashflow: $-115

Break-even live

Break-even rent $2,530

Max offer price $199,648

Occupancy floor 100%

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: $54,975
• Closing costs: $6,597
• Reserves months: —
• Total cash needed: —

Rent comps 39 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10580 112th Ave Largo, FL	3.0	1.0	925	$1,995	$2.16	4d	1	0.38mi
10160 Sailwinds Blvd S Largo, FL	2.0	2.0	901	$1,950	$2.16	24d	2	0.43mi
10155 Sailwinds Blvd S #204 Largo, FL	2.0	2.0	1018	$1,750	$1.72	3d	1	0.45mi
10560 114th Ter Largo, FL	3.0	1.0	1232	$3,000	$2.44	4d	1	0.46mi
10495 118th Ave Largo, FL	3.0	2.0	1169	$2,250	$1.92	4d	1	0.51mi
10659 108th St Largo, FL	3.0	1.5	1380	$2,550	$1.85	24d	1	0.61mi
10100 Sailwinds Blvd N #206 Largo, FL	3.0	2.0	1155	$1,850	$1.60	3d	1	0.64mi
10887 111th Pl N Largo, FL	3.0	2.0	1300	$2,389	$1.84	22d	1	0.66mi
11290 109th Ln Largo, FL	2.0	1.0	988	$1,995	$2.02	24d	1	0.68mi
11707 108th St Unit 1018171P Largo, FL	3.0	2.0	1259	$3,119	$2.48	3d	1	0.68mi
12261 Sailwinds Dr #203 Largo, FL	3.0	2.0	1139	$1,800	$1.58	4d	1	0.71mi
12293 Sailwinds Dr #203 Largo, FL	3.0	2.0	1155	$2,050	$1.77	14d	1	0.72mi
12293 103rd St Largo, FL	4.0	2.5	1339	$2,469	$1.84	24d	1	0.75mi
10932 104th Ave Largo, FL	2.0	1.0	962	$1,950	$2.03	24d	1	0.79mi
10932 104th Ave Largo, FL	2.0	1.0	962	$1,950	$2.03	20d	1	0.79mi
12217 104th Ln Largo, FL	3.0	2.0	1534	$2,495	$1.63	4d	1	0.83mi
9099 108th Ave Seminole, FL	3.0	2.0	1451	$2,600	$1.79	4d	1	0.90mi
12100 Seminole Blvd Largo, FL	2.0	2.0	1050	$1,750	$1.67	24d	1	0.91mi
12651 Seminole Blvd #44 Largo, FL	2.0	1.5	1000	$1,450	$1.45	24d	1	0.95mi
9924 109th St Seminole, FL	3.0	2.0	1428	$2,500	$1.75	4d	1	1.02mi
11114 101st Ave Seminole, FL	2.0	1.0	1135	$2,300	$2.03	4d	1	1.06mi
9814 110th Ln Seminole, FL	2.0	2.0	1750	$2,500	$1.43	3d	1	1.12mi
9814 110th Ln Seminole, FL	2.0	2.0	1750	$2,600	$1.49	4d	1	1.12mi
10294 129th Ter Largo, FL	4.0	2.0	1176	$2,119	$1.80	4d	1	1.14mi
11365 115th St Unit 1502692P Largo, FL	4.0	2.0	1819	$6,444	$3.54	2d	1	1.17mi
11013 Temple Ave Seminole, FL	3.0	1.0	951	$2,050	$2.16	4d	1	1.17mi
11201 122nd Ave Largo, FL	1.0–2.0	1.0–2.0	867	$2,300	$2.65	4d	2	1.18mi
9209 Seminole Blvd #139 Seminole, FL	2.0	1.5	1015	$1,800	$1.77	24d	1	1.25mi
9881 113th St #215 Seminole, FL	2.0	2.0	1150	$1,600	$1.39	18d	1	1.25mi
11310 92nd St Largo, FL	3.0	2.0	1600	$3,100	$1.94	4d	1	1.31mi
13225 101st St #116 Largo, FL	2.0	2.0	1152	$1,600	$1.39	4d	1	1.31mi
10888 Temple Ave Seminole, FL	2.0	2.0	1101	$2,150	$1.95	4d	1	1.32mi
9209 Seminole Blvd Seminole, FL	2.0	1.5	1015	$1,675	$1.65	4d	3	1.32mi
9209 Seminole Blvd Seminole, FL	2.0	1.5	1015	$1,700	$1.67	3d	2	1.32mi
9992 86th St Seminole, FL	2.0	2.0	945	$1,900	$2.01	4d	1	1.34mi
9319 91st Ter Seminole, FL	3.0	2.0	952	$2,549	$2.68	24d	1	1.41mi
8800 Bardmoor Blvd Seminole, FL	1.0–2.0	1.5–2.5	1045	$1,950	$1.87	12d	2	1.45mi
11557 124th Ter Largo, FL	3.0	2.0	1601	$3,495	$2.18	18d	1	1.46mi
8703 Bardmoor Blvd #201 Seminole, FL	2.0	2.0	1075	$3,000	$2.79	24d	1	1.49mi

HOA detail

• Monthly dues: $212 · $2,544/yr
• Likely covers: water

Listing history 15 events

1. 2026-06-18
   days on market $219,900 Active 58 DOM
2. 2026-06-17
   days on market $219,900 Active 57 DOM
3. 2026-06-16
   days on market $219,900 Active 56 DOM
4. 2026-06-15
   days on market $219,900 Active 55 DOM
5. 2026-06-13
   days on market $219,900 Active 53 DOM
6. 2026-06-09
   days on market $219,900 Active 49 DOM
7. 2026-06-08
   days on market $219,900 Active 48 DOM
8. 2026-06-07
   days on market $219,900 Active 47 DOM
9. 2026-06-04
   days on market $219,900 Active 44 DOM
10. 2026-06-03
    days on market $219,900 Active 43 DOM
11. 2026-06-01
    days on market $219,900 Active 41 DOM
12. 2026-05-31
    days on market $219,900 Active 40 DOM
13. 2026-04-21
    listed $219,900 Active
14. 2003-06-01
    soldstatus $32,500
15. 1996-04-01
    soldstatus $29,000

ⓘ 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: $1,388 · $116/mo
• Projected year-2 tax: $1,825 · $152/mo
• Expected delta: +$437/yr (+$36/mo · 31.5%)

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 6 d/yr ≥107°F today · 21 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: $28,624
• − Mortgage interest: −$12,318
• − Property taxes: −$1,388
• − Insurance: −$6,218
• − Repairs & maintenance: −$2,290
• − Management: −$2,290
• − HOA: −$2,544
• − Depreciation: −$6,397
• Taxable loss: −$4,821
• Est. tax savings @ 24.0%: +$1,157
• After-tax cash flow: $-219/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

• County: Pinellas County · 939,478 people
• City population: 106,311
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 16,741
• Household income: $76,867
• Rent vs Own: 25.9% rent · 74.1% own
• Severe rent burden: 314.0

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 (75%)
• Race & ethnicity: White 75% Two or more races 8% Hispanic / Latino 8% Asian 7% Black 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2%
• Common ancestry: Romanian 4% Lithuanian 3% Italian 2%
• Foreign-born: 12% · Canada, Vietnam, South Korea
• Languages at home: 83% English-only · Spanish 5% Vietnamese 3% 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: ▼ -367.92%
• Current HPI: 319.4536
• Rent YoY: ▼ -3.37%
• 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

+658.3% since first listed

3 events — show timeline

• 2026-04-21 Listed $219,900 Stellar MLS as Distributed by MLS Grid
• 2003-06-01 Sold (Public Records) $32,500 Public Records
• 1996-04-01 Sold (Public Records) $29,000 Public Records

Property tax history

-3.7%/yr

Latest (2025): $1,388 · +8.4% YoY. Source: county tax records.