4721 Coco Palm Dr · Sebring, FL 33870

$65,000

3 bd · 2.0 ba · 1,326 sqft · SingleFamily public records · 287 Days on market

Built 1992 Poor condition 0.26 ac lot ↓ 15% 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 +17.8/30.0
• ARV discount +7.5/15.0
• DSCR +5.6/10.0
• Schools +4.4/10.0
• 1% rule +3.7/10.0
• Livability +3.3/5.0
• Rent growth +2.4/5.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Newer style home, centrally located close to parks, lakes and commerce. This home features a split floor plan, with comfortable size living room, and kitchen, attached two car garage and rear screened in porch. Additional features include fenced in yard three bedrooms and two bathrooms.

Key facts

• Fenced in yard
• 0.26 acre lot
• Garage

Tags

• EXISTING CONCRETE FOUNDATION
• FENCED IN YARD
• SUPER CONVENIENT LOCATION

🏗️ New construction. The $65,000 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $187,521.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $65k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $153 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 4.7% in Sebring — 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 66/100 on livability (#618 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: amenities F, commute F, employment F.
• Highlands (other): math 45% / reading 43% proficiency, ranked #54 of 73 in FL (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Fred Wild Elementary School (math 49% / reading 41%, grade D-, #1,271 of 2,144 statewide, top 60%, 563 students, 87% FRL); Sebring Middle School (math 52% / reading 40%, grade D+, #300 of 571 statewide, top 53%, 815 students, 64% FRL); Sebring High School (math 32% / reading 48%, grade F, #296 of 667 statewide, top 45%, 1,809 students, 56% FRL) — zoned schools at 69% FRL track the district average.
• Market conditions: Rents soft (-0.3%/yr); 748 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 980 units permitted in Highlands County in 2024 (80 in 5+ unit buildings).
• This rent runs 39% of the median local income ($50k/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 $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 287 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 8y ago; this cycle's ask has dropped $34k (35%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 287 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 0.87% ✗
• Cap rate: 7.27%
• Cash-on-cash: 3.51%
• DSCR: 1.16
• GRM: 9.6

CMA / ARV

• ARV (median comp): $187,521
• List price: $65,000
• Delta: -65.34%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1510 Las Villas Blvd	0.59mi	3/2.0	1,330 (+0%)	3mo	$207,000	$156	70
2003 Roseland Ave	0.56mi	3/2.0	1,344 (+1%)	11mo	$170,000	$126	62
1301 Ebro Ct	0.63mi	3/2.0	1,266 (-4%)	8mo	$205,000	$162	56
1480 Las Villas Blvd	0.70mi	3/2.0	1,330 (+0%)	15mo	$219,000	$165	54
1514 Las Villas Blvd	0.57mi	3/2.0	1,330 (+0%)	24mo	$219,000	$165	53
1478 Las Villas Blvd	0.71mi	3/2.0	1,330 (+0%)	17mo	$219,000	$165	52
1476 Las Villas Blvd	0.71mi	3/2.0	1,330 (+0%)	17mo	$219,000	$165	52
1518 Las Villas Blvd	0.56mi	3/2.0	1,200 (-10%)	13mo	$180,000	$150	47
1729 Warfield Pl	0.69mi	2/2.0 (-1)	1,440 (+9%)	7mo	$155,000	$108	43
1916 Melady Ave	0.74mi	3/2.0	1,200 (-10%)	13mo	$180,000	$150	39
1470 Las Villas Blvd	0.73mi	3/2.0	1,205 (-9%)	19mo	$189,000	$157	34
1816 Steiner Ave	0.69mi	2/1.5 (-1)	1,134 (-14%)	13mo	$130,000	$115	26

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: -13.9%
• Equity multiple: 0.52×
• Total profit: $-25,451
• Equity at exit: $27,960

10-year hold

• IRR: -10.0%
• Equity multiple: 0.46×
• Total profit: $-28,281
• Equity at exit: $16,213

Cash invested: $52,506 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 14 active · 7 under contract
• Months of supply: 14.0 mo (7%/mo absorbed)
• Median asking: $194,500 ($154/sqft)
• Median days on market: 40 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -8.3% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33870

• Home prices YoY: -20.0%
• Rents YoY: -0.3%
• Active inventory: 748
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $1,623 high
• Mortgage (P&I): −$983
• Tax from tax record: −$67 /mo · $808/yr
• Insurance: −$78
• HOA: −$0
• Vacancy / Maint / Mgmt: −$341
• Net cashflow: $153

Break-even live

Break-even rent $1,429

Max offer price $187,521

Occupancy floor 86%

Sensitivity live

Price	-10% $260	-5% $206	+0% $153	+5% $100	+10% $47
Rent	-10% $25	-5% $89	+0% $153	+5% $218	+10% $282
Rate	-1.0pp $248	-0.5pp $201	base $153	+0.5pp $105	+1.0pp $55

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: $46,880
• Closing costs: $5,626
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
30955 Sunlight Cir Sebring, FL	3.0	2.0	1416	$1,600	$1.13	2d	1	0.30mi
1517 Las Villas Blvd Sebring, FL	3.0	2.0	1270	$1,650	$1.30	6d	1	0.58mi
1511 Las Villas Blvd Sebring, FL	3.0	2.0	1270	$1,725	$1.36	6d	1	0.60mi
2308 Wightman Ave Sebring, FL	3.0	2.0	1100	$1,045	$0.95	6d	1	0.63mi
1496 Las Villas Blvd Sebring, FL	3.0	2.0	1270	$1,700	$1.34	6d	1	0.63mi
1487 Las Villas Blvd Sebring, FL	3.0	2.0	1300	$1,550	$1.19	6d	1	0.69mi
1481 Las Villas Blvd Sebring, FL	3.0	2.0	1330	$1,700	$1.28	6d	1	0.71mi
1462 Las Villas Blvd Sebring, FL	3.0	2.0	1300	$1,775	$1.37	6d	1	0.77mi
1450 Las Villas Blvd Sebring, FL	3.0	2.0	1476	$1,650	$1.12	6d	1	0.80mi
1506 Orange Blossom Ave Unit Main Sebring, FL	2.0	1.0	1073	$1,500	$1.40	6d	1	0.87mi
1431 Las Villas Blvd Sebring, FL	3.0	2.0	1330	$1,695	$1.27	6d	1	0.88mi
3126 Spinks Rd Sebring, FL	2.0	2.0	1029	$1,300	$1.26	5d	1	1.18mi
3125 Villa Rd Sebring, FL	3.0	2.0	1029	$1,350	$1.31	6d	1	1.20mi
8761 Watersound Cir Sebring, FL	2.0–3.0	2.0	1090	$1,425	$1.31	0d	1	1.40mi
8761 Watersound Cir Sebring, FL	2.0–3.0	2.0	1090	$1,600	$1.47	117d	1	1.40mi

Property features AI

Exterior

• Parking: Assigned parkingDetached parking
• Utilities: Public waterSewer not availableNo sewer (other)
• Home design: Residential single-family homeUnder constructionZoned R175 ft frontagePaved road access
• Construction: Construction materials: see remarks
• Exterior features: No patio or porchNo pool

Interior

• Flooring: Other
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating
• Interior features: Under constructionOther flooringTotal of 2 rooms

Listing history 43 events

1. 2026-07-14
   days on market $65,000 Active 287 DOM
2. 2026-07-13
   days on market $65,000 Active 286 DOM
3. 2026-07-12
   days on market $65,000 Active 285 DOM
4. 2026-07-11
   days on market $65,000 Active 284 DOM
5. 2026-07-10
   days on market $65,000 Active 283 DOM
6. 2026-07-09
   days on market $65,000 Active 282 DOM
7. 2026-07-08
   days on market $65,000 Active 281 DOM
8. 2026-07-07
   days on market $65,000 Active 280 DOM
9. 2026-07-06
   days on market $65,000 Active 279 DOM
10. 2026-07-05
    days on market $65,000 Active 278 DOM
11. 2026-07-04
    days on market $65,000 Active 277 DOM
12. 2026-07-03
    days on market $65,000 Active 276 DOM
13. 2026-07-02
    days on market $65,000 Active 275 DOM
14. 2026-07-01
    days on market $65,000 Active 274 DOM
15. 2026-06-30
    days on market $65,000 Active 273 DOM
16. 2026-06-29
    days on market $65,000 Active 272 DOM
17. 2026-06-28
    days on market $65,000 Active 271 DOM
18. 2026-06-28
    days on market $65,000 Active 270 DOM
19. 2026-06-27
    days on market $65,000 Active 269 DOM
20. 2026-06-26
    days on market $65,000 Active 268 DOM
21. 2026-06-23
    days on market $65,000 Active 265 DOM
22. 2026-06-21
    days on market $65,000 Active 264 DOM
23. 2026-06-19
    pricedays on market $65,000 Active 262 DOM
24. 2026-06-18
    days on market $85,000 Active 261 DOM
25. 2026-06-17
    days on market $85,000 Active 260 DOM
26. 2026-06-16
    days on market $85,000 Active 259 DOM
27. 2026-06-15
    days on market $85,000 Active 258 DOM
28. 2026-06-14
    days on market $85,000 Active 256 DOM
29. 2026-06-10
    days on market $85,000 Active 253 DOM
30. 2026-06-09
    days on market $85,000 Active 252 DOM
31. 2026-06-08
    days on market $85,000 Active 251 DOM
32. 2026-06-07
    days on market $85,000 Active 250 DOM
33. 2026-06-02
    days on market $85,000 Active 245 DOM
34. 2026-06-01
    days on market $85,000 Active 244 DOM
35. 2026-05-31
    days on market $85,000 Active 243 DOM
36. 2026-05-30
    days on market $85,000 Active 242 DOM
37. 2026-01-16
    price $85,000
38. 2025-09-30
    listed $99,500 Active
39. 2025-01-08
    soldstatus $60,000
40. 2025-01-07
    historical
41. 2024-12-07
    listed $65,000 Active
42. 2018-06-15
    soldstatus $100,000 287-char remark

    Show marketing remark (287 chars)

    Newer style home, centrally located close to parks, lakes and commerce. This home features a split floor plan, with comfortable size living room, and kitchen, attached two car garage and rear screened in porch. Additional features include fenced in yard three bedrooms and two bathrooms.

43. 2018-05-04
    listed $100,000 287-char remark

    Show marketing remark (287 chars)

    Newer style home, centrally located close to parks, lakes and commerce. This home features a split floor plan, with comfortable size living room, and kitchen, attached two car garage and rear screened in porch. Additional features include fenced in yard three bedrooms and two bathrooms.

ⓘ 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: $808 · $67/mo
• Projected year-2 tax: $808 · $67/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 9/10 Extreme 7 d/yr ≥108°F today · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,478
• − Mortgage interest: −$10,504
• − Property taxes: −$808
• − Insurance: −$938
• − Repairs & maintenance: −$1,558
• − Management: −$1,558
• − Depreciation: −$5,455
• Taxable loss: −$1,344
• Est. tax savings @ 24.0%: +$323
• After-tax cash flow: $2,163/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.

Condition & rehab AI · 9 photos

Poor 20/100 Extensive rehab Est. rehab $66,300–$119,340 screening

This property requires extensive repairs and systems installation to become habitable and marketable. Significant investment is needed to bring it up to code and make it move-in ready.

Deferred maintenance Est. $60,000–$180,000 screening

• Major Roof (roof) — No roof is visible in the photos
• Major Windows (windows) — No windows are visible in the photos
• Major Electrical (electrical) — No electrical components are visible in the photos
• Major Plumbing (plumbing) — No plumbing components are visible in the photos
• Major Exterior (exterior) — No exterior components are visible in the photos
• Major Other — No other components are visible in the photos

Repairs flagged

• Major roof — Exposed trusses and missing roof
• Major exterior — Exposed concrete blocks, missing siding
• Major flooring — Exposed concrete floor
• Major interior walls — Exposed concrete walls
• Major systems — No visible electrical, plumbing, HVAC systems

Value-add opportunities

• Both Complete roof and exterior repairs — Aesthetics and functionality ↑
• Both Install electrical and plumbing systems — Essential for habitability ↑
• Both Install HVAC system — Essential for comfort and energy efficiency ↑
• Both Paint and finish interior walls — Enhances appearance and value ↑
• Both Install flooring and finish interior spaces — Enhances appearance and value ↑

ⓘ Rehab cost is a screening estimate — Extensive scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 44/100

Zoned Schools

Elementary Fred Wild Elementary School D- FL #1,271/2,144 Nat'l #15,897/41,679 Middle Sebring Middle School D+ FL #300/571 Nat'l #4,433/14,009 High Sebring High School F FL #296/667 Nat'l #8,112/17,239

Schools (NCES district)

• District: Highlands
• NCES district ID: 1200840
• Math proficiency: 45% ▼ -7.00%
• Reading proficiency: 43% ▼ -3.00%
• Median HH income: $35,276
• Composite: 36.42/100
• National rank: #4672
• State rank: #54 of 73 in FL

C Composite livability gradescore 66/100

Livability — Sebring

• Score: 66/100
• State rank: #618
• US rank: #11992

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Highlands County · 99,674 people
• City population: 50,797
• Metro: Sebring-Avon Park, FL
• Population (ZIP): 25,195
• Household income: $49,942
• Rent vs Own: 31.3% rent · 68.7% own
• Severe rent burden: 14% of renters

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Population outlook (Highlands County) Hauer SSP2

• Today (2025): 99,674 people
• By 2030: 99,615 · -0.1%
• By 2040: 99,342 · -0.3%
• By 2050: 98,242 · -1.4%
• By 2075: 93,291 · -6.4%
• By 2100: 79,894 · -19.8%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 60% Hispanic / Latino 22% Black 13% Two or more races 10% Asian 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 7% Cuban 5%
• Common ancestry: Slovak 2% Romanian 1% Lithuanian 1%
• Foreign-born: 10% · Canada, Jamaica, China
• Languages at home: 80% English-only · Spanish 16% Other Indo-European 1% French/Haitian/Cajun 1%

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Political lean MEDSL · Highlands

• 2024 margin: Solid R (+40.8) · D 29.3% · R 70.1%
• 2008→2024 swing: -22.7pp toward R · 2008: -18.1pp · 2024: -40.8pp
• All cycles: 2024: R+40.8 2020: R+34.4 2016: R+32.0 2012: R+23.0 2008: R+18.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.68%
• Current HPI: 273.9861
• Rent YoY: ▼ -0.29%
• Metro: Sebring-Avon Park, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

Property features AI

Exterior

• Parking: Assigned parkingDetached parking
• Utilities: Public waterSewer not availableNo sewer (other)
• Home design: Residential single-family homeUnder constructionZoned R175 ft frontagePaved road access
• Construction: Construction materials: see remarks
• Exterior features: No patio or porchNo pool

Interior

• Flooring: Other
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating
• Interior features: Under constructionOther flooringTotal of 2 rooms

Price history

-15.0% since first listed

7 events — show timeline

• 2026-01-16 Price Changed $85,000 HAOR as distributed by MLS GRID
• 2025-09-30 Listed $99,500 HAOR as distributed by MLS GRID
• 2025-01-08 Sold (Public Records) $60,000 Public Records
• 2025-01-07 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-12-07 Listed $65,000 Stellar MLS as Distributed by MLS Grid
• 2018-06-15 Sold (MLS) $100,000 HAOR as distributed by MLS GRID
• 2018-05-04 Listed $100,000 HAOR as distributed by MLS GRID

Property tax history

+4.9%/yr

Latest (2025): $808 · +124.2% YoY. Source: county tax records.