16632 Grotto Steam Pl · Wimauma, FL 33598

$267,000

3 bd · 3.0 ba · 1,695 sqft · Townhouse public records · 117 Days on market

Built 2024 Good condition 2,003 sqft lot $158/sqft · 12% below area Est $303k · 12% under $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).

• ARV discount +12.9/15.0
• Cash flow +10.2/30.0
• Condition / age +4.0/5.0
• Appreciation +3.8/10.0
• 1% rule +3.7/10.0
• Schools +3.2/10.0
• Livability +3.2/5.0
• DSCR +2.9/10.0
• Rent growth +1.9/5.0

Listing remarks MLS

This isn’t just a home—it’s a lifestyle! Welcome to Southshore Bay, where everyday living feels like a resort and the centerpiece is something you simply won’t find in most communities—a 5-acre crystal-clear Metro Lagoon designed for swimming, kayaking, paddleboarding, and true waterfront relaxation. Located in Wimauma just off State Road 674, this community delivers the rare combination of resort-style living, strong location, and attainable pricing, all within minutes of I-75 for easy access to Tampa, St. Pete, Sarasota, and the Gulf. This townhome is built for both comfort and longevity with all concrete block construction on both levels and include a fully integrated smart home system, making day-to-day living simple whether you’re here full-time or seasonally. Spend your mornings on the water, afternoons by the lagoon, and evenings enjoying everything the area has to showcase just minutes away. With the Bay, golf, dining, and shopping all within reach, this location works whether you’re looking for a primary residence, second home, or investment with real demand behind it.

Key facts

• Resort style living
• 5 acre metro lagoon
• Smart home system

Tags

• 5 ACRE METRO LAGOON
• SMART HOME SYSTEM
• CONCRETE BLOCK CONSTRUCTION
• RESORT STYLE LIVING
• STRONG LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath townhouse listed at $267k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-150 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $241k (9.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $231k (13.4% below list).
• Recommended offer: $231k (13.4% below list) — sets the bar for 1% rule.
• Cap rate 5.6% vs local median 4.5% in Wimauma — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 64/100 on livability (#699 in FL) — a middle-class / working-renter tenant base. Strengths: commute A, cost of living A-, crime B; Watch: amenities F, employment D-, health & safety 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.
• Zoned schools: Reddick Elementary School (math 34% / reading 29%, grade F, #1,841 of 2,144 statewide, top 86%, 794 students, 78% FRL); Shields Middle School (math 29% / reading 27%, grade F, #486 of 571 statewide, top 86%, 1,867 students, 68% FRL); Lennard High School (math 30% / reading 46%, grade F, #328 of 667 statewide, top 50%, 2,404 students, 47% FRL).
• Zoned-school proficiency averages 32% at this address vs 48% district-wide (-16 pts) — the specific schools serving this property underperform the Hillsborough average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-2.5%/yr); 858 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 70d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-2.4%/yr); year-one equity from $2k of loan paydown is wiped out by about $6k 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

• It's been on market 117 days — a 9% lower offer ($243k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $23k (8%) 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 $231,146 (13.4% 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 117 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
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 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?
7. 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?
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: 0.87% ✗
• Cap rate: 5.62%
• Cash-on-cash: -2.41%
• DSCR: 0.89
• GRM: 9.6

CMA / ARV

• ARV (median comp): $303,185
• List price: $267,000
• Delta: -11.93%
• Verdict: UNDERPRICED
• Comps: 7 within 2.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17257 Southern Haven Dr	1.12mi	3/2.5	1,666 (-2%)	2mo	$242,475	$146	59
17259 Southern Haven Dr	1.12mi	3/2.5	1,666 (-2%)	2mo	$247,240	$148	58
611 Chipper Dr	1.09mi	2/2.0 (-1)	1,668 (-2%)	0mo	$320,000	$192	53
829 Regal Manor Way	0.96mi	3/2.0	1,774 (+5%)	0mo	$415,000	$234	53
682 Chipper Dr	1.02mi	3/2.0	1,800 (+6%)	0mo	$345,000	$192	50
1015 Emerald Dunes Dr	1.04mi	2/2.0 (-1)	1,748 (+3%)	5mo	$351,500	$201	47
2211 Red Crossbill St	1.21mi	4/2.5 (+1)	1,874 (+11%)	1mo	$334,850	$179	39
5758 Purple Finch Ave	1.21mi	4/2.5 (+1)	1,874 (+11%)	4mo	$318,950	$170	37
17207 Beach Buttercup Pl	1.07mi	3/2.0	1,451 (-14%)	0mo	$255,000	$176	37
16248 Amethyst Key Dr	1.44mi	2/2.0 (-1)	1,496 (-12%)	0mo	$250,000	$167	36
1013 Emerald Dunes Dr	1.03mi	3/2.0	1,970 (+16%)	0mo	$308,000	$156	36
1732 S Pebble Beach Blvd	1.39mi	2/2.0 (-1)	1,945 (+15%)	0mo	$325,000	$167	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -19.2%
• Equity multiple: 0.30×
• Total profit: $-52,099
• Equity at exit: $47,652

10-year hold

• IRR: -18.1%
• Equity multiple: -0.03×
• Total profit: $-76,912
• Equity at exit: $36,783

Cash invested: $74,760 (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 →

Active competition Active MLS

• For sale now: 14 active · 5 under contract
• Median asking: $276,950 ($162/sqft)
• Median days on market: 125 d
• This list price: 29% of active listings are priced below it
• ARV vs active asking: +10.4% above current asking $/sqft

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

ZIP-level market 33598

• Home prices YoY: -0.9%
• Rents YoY: -2.5%
• Active inventory: 858
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $2,311 high
• Mortgage (P&I): −$1,400
• Tax from tax record: −$253 /mo · $3,030/yr
• Insurance: −$111
• HOA: −$212
• Vacancy / Maint / Mgmt: −$485
• Net cashflow: $-150

Break-even live

Break-even rent $2,501

Max offer price $240,523

Occupancy floor —

Sensitivity live

Price	-10% $1	-5% $-74	+0% $-150	+5% $-225	+10% $-301
Rent	-10% $-332	-5% $-241	+0% $-150	+5% $-59	+10% $33
Rate	-1.0pp $-15	-0.5pp $-82	base $-150	+0.5pp $-219	+1.0pp $-289

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: $66,750
• Closing costs: $8,010
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16632 Grotto Steam Pl Wimauma, FL	3.0	2.5	1695	$2,100	$1.24	18d	1	0.02mi
16701 Maude Dr Wimauma, FL	3.0	2.5	1785	$2,000	$1.12	38d	1	0.04mi
16636 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,276	$1.39	42d	1	0.14mi
16638 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,276	$1.39	71d	1	0.14mi
16656 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,276	$1.39	19d	1	0.15mi
16660 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,276	$1.39	73d	1	0.15mi
16676 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	73d	1	0.16mi
16619 Ancient Mariner Ln Wimauma, FL	2.0	2.5	1541	$2,031	$1.32	73d	1	0.17mi
16616 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,276	$1.39	71d	1	0.17mi
16665 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	73d	1	0.18mi
16611 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,176	$1.33	69d	1	0.18mi
16667 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	73d	1	0.18mi
16671 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	73d	1	0.18mi
16610 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,176	$1.33	73d	1	0.18mi
5085 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	73d	1	0.19mi
5089 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	73d	1	0.19mi
5091 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	73d	1	0.19mi
5095 Capri Harbor Dr Wimauma, FL	2.0	2.5	1578	$1,956	$1.24	71d	1	0.19mi
5017 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	69d	1	0.20mi
5044 Capri Harbor Dr Wimauma, FL	2.0	2.5	1541	$1,956	$1.27	73d	1	0.22mi
5084 Capri Harbor Dr Wimauma, FL	2.0	2.5	1513	$1,928	$1.27	7d	1	0.22mi
5018 Capri Harbor Dr Wimauma, FL	2.0	2.5	1541	$1,956	$1.27	73d	1	0.22mi
5010 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	73d	1	0.23mi
5008 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	19d	1	0.23mi
5006 Capri Harbor Dr Wimauma, FL	2.0	2.5	1513	$1,928	$1.27	7d	1	0.23mi
5004 Capri Harbor Dr Wimauma, FL	2.0	2.5	1541	$1,956	$1.27	38d	1	0.23mi
16634 Mooner Plank Cir Wimauma, FL	4.0	2.5	2035	$2,550	$1.25	73d	1	0.31mi
16705 Myrtle Sand Dr Wimauma, FL	3.0	2.0	1253	$2,350	$1.88	73d	1	0.37mi
4902 Cosmos Cir Wimauma, FL	1.0–2.0	1.0–2.5	1142	$2,222	$1.94	7d	29	0.46mi
17042 Oval Rum Dr Wimauma, FL	3.0	2.0	1516	$2,500	$1.65	67d	1	0.49mi
5029 Sable Chime Dr Wimauma, FL	3.0	2.0	1451	$1,995	$1.37	13d	1	0.51mi
5025 Brickwood Rise Dr Wimauma, FL	4.0	2.5	1925	$2,500	$1.30	73d	1	0.56mi
420 S Brockfield Dr Sun City Center, FL	2.0	2.0	1656	$2,300	$1.39	13d	1	0.60mi
5048 Brickwood Rise Dr Wimauma, FL	3.0	2.0	1461	$1,901	$1.30	15d	1	0.62mi
920 Lakeview Dr Wimauma, FL	3.0	2.0	1640	$3,150	$1.92	7d	1	0.64mi
16303 Treasure Point Dr Wimauma, FL	3.0	2.0	2020	$2,556	$1.27	15d	1	0.77mi
5326 Kelper Hook Ct Wimauma, FL	2.0	2.5	2239	$2,295	$1.03	18d	1	0.80mi
17132 White Mangrove Dr Wimauma, FL	3.0	2.0	1561	$2,250	$1.44	42d	1	0.87mi
17132 White Mangrove Dr Wimauma, FL	3.0	2.0	1561	$2,150	$1.38	7d	1	0.87mi
17132 White Mangrove Dr Wimauma, FL	3.0	2.0	1561	$2,150	$1.38	25d	1	0.87mi

HOA detail $212/mo · $2,544/yr

• Likely covers: water

Listing history 47 events

1. 2026-07-20
   days on market $267,000 Active 117 DOM
2. 2026-07-18
   days on market $267,000 Active 114 DOM
3. 2026-07-16
   days on market $267,000 Active 113 DOM
4. 2026-07-15
   days on market $267,000 Active 112 DOM
5. 2026-07-13
   days on market $267,000 Active 110 DOM
6. 2026-07-13
   days on market $267,000 Active 109 DOM
7. 2026-07-11
   days on market $267,000 Active 108 DOM
8. 2026-07-10
   days on market $267,000 Active 107 DOM
9. 2026-07-09
   days on market $267,000 Active 106 DOM
10. 2026-07-07
    days on market $267,000 Active 104 DOM
11. 2026-07-06
    days on market $267,000 Active 103 DOM
12. 2026-07-06
    days on market $267,000 Active 102 DOM
13. 2026-07-05
    days on market $267,000 Active 101 DOM
14. 2026-07-03
    days on market $267,000 Active 100 DOM
15. 2026-07-02
    days on market $267,000 Active 99 DOM
16. 2026-07-01
    days on market $267,000 Active 98 DOM
17. 2026-06-30
    days on market $267,000 Active 97 DOM
18. 2026-06-29
    days on market $267,000 Active 96 DOM
19. 2026-06-28
    days on market $267,000 Active 95 DOM
20. 2026-06-27
    days on market $267,000 Active 94 DOM
21. 2026-06-26
    days on market $267,000 Active 93 DOM
22. 2026-06-24
    days on market $267,000 Active 91 DOM
23. 2026-06-22
    days on market $267,000 Active 89 DOM
24. 2026-06-21
    days on market $267,000 Active 88 DOM
25. 2026-06-18
    days on market $267,000 Active 85 DOM
26. 2026-06-17
    days on market $267,000 Active 84 DOM
27. 2026-06-16
    days on market $267,000 Active 83 DOM
28. 2026-06-15
    days on market $267,000 Active 82 DOM
29. 2026-06-13
    days on market $267,000 Active 80 DOM
30. 2026-06-13
    days on market $267,000 Active 79 DOM
31. 2026-06-10
    remarks 693-char remark
32. 2026-06-09
    days on market $267,000 Active 76 DOM
33. 2026-06-08
    days on market $267,000 Active 75 DOM
34. 2026-06-07
    days on market $267,000 Active 74 DOM
35. 2026-06-04
    days on market $267,000 Active 71 DOM
36. 2026-06-03
    days on market $267,000 Active 70 DOM
37. 2026-06-02
    days on market $267,000 Active 69 DOM
38. 2026-06-01
    days on market $267,000 Active 68 DOM
39. 2026-05-31
    days on market $267,000 Active 67 DOM
40. 2026-05-12
    price $267,000 1139-char remark

    Show marketing remark (1139 chars)

    This isn’t just a home—it’s a lifestyle! Welcome to Southshore Bay, where everyday living feels like a resort and the centerpiece is something you simply won’t find in most communities—a 5-acre crystal-clear Metro Lagoon designed for swimming, kayaking, paddleboarding, and true waterfront relaxation. Located in Wimauma just off State Road 674, this community delivers the rare combination of resort-style living, strong location, and attainable pricing, all within minutes of I-75 for easy access to Tampa, St. Pete, Sarasota, and the Gulf. This townhome is built for both comfort and longevity with all concrete block construction on both levels and include a fully integrated smart home system, making day-to-day living simple whether you’re here full-time or seasonally. Spend your mornings on the water, afternoons by the lagoon, and evenings enjoying everything the area has to showcase just minutes away. With the Bay, golf, dining, and shopping all within reach, this location works whether you’re looking for a primary residence, second home, or investment with real demand behind it.

41. 2026-05-05
    price $259,999 1139-char remark

    Show marketing remark (1139 chars)

    This isn’t just a home—it’s a lifestyle! Welcome to Southshore Bay, where everyday living feels like a resort and the centerpiece is something you simply won’t find in most communities—a 5-acre crystal-clear Metro Lagoon designed for swimming, kayaking, paddleboarding, and true waterfront relaxation. Located in Wimauma just off State Road 674, this community delivers the rare combination of resort-style living, strong location, and attainable pricing, all within minutes of I-75 for easy access to Tampa, St. Pete, Sarasota, and the Gulf. This townhome is built for both comfort and longevity with all concrete block construction on both levels and include a fully integrated smart home system, making day-to-day living simple whether you’re here full-time or seasonally. Spend your mornings on the water, afternoons by the lagoon, and evenings enjoying everything the area has to showcase just minutes away. With the Bay, golf, dining, and shopping all within reach, this location works whether you’re looking for a primary residence, second home, or investment with real demand behind it.

42. 2026-03-25
    listed $289,999 Active 1139-char remark

    Show marketing remark (1139 chars)

    This isn’t just a home—it’s a lifestyle! Welcome to Southshore Bay, where everyday living feels like a resort and the centerpiece is something you simply won’t find in most communities—a 5-acre crystal-clear Metro Lagoon designed for swimming, kayaking, paddleboarding, and true waterfront relaxation. Located in Wimauma just off State Road 674, this community delivers the rare combination of resort-style living, strong location, and attainable pricing, all within minutes of I-75 for easy access to Tampa, St. Pete, Sarasota, and the Gulf. This townhome is built for both comfort and longevity with all concrete block construction on both levels and include a fully integrated smart home system, making day-to-day living simple whether you’re here full-time or seasonally. Spend your mornings on the water, afternoons by the lagoon, and evenings enjoying everything the area has to showcase just minutes away. With the Bay, golf, dining, and shopping all within reach, this location works whether you’re looking for a primary residence, second home, or investment with real demand behind it.

43. 2024-07-12
    soldstatus $289,990 Closed 1309-char remark

    Show marketing remark (1309 chars)

    Under Construction. Located off State Road 674 in Wimauma, Southshore Bay brings MetroLagoon living to life! Its 5-acre crystal MetroLagoon provides several activities to enjoy under the warm Florida sun, and has something for everyone. The gated community offers walking and golf cart paths, and is just minutes from I-75, which grants easy access to St. Pete, Downtown Tampa, and Sarasota. When calling Southshore Bay home, you’ll be just 15-minutes from the Bay, public golf courses, and plenty of shops and dining. Each townhome is constructed with all concrete block construction on 1st and 2nd stories and Home is Connected; D. R. Horton’s Smart Home System. Many townhome sites throughout the community sit on pond and conservation sites, which offer beautiful views, as does the scenic MetroLagoon Other inventory options may be available in this community. Please reach out for a list of availability. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information, including pricing, included features, terms, availability, and amenities, are subject to change and prior sale at any time without notice or obligation. Materials may vary based on availability. D. R. Horton Reserves all Rights.

44. 2024-04-06
    status Pending 1309-char remark

    Show marketing remark (1309 chars)

    Under Construction. Located off State Road 674 in Wimauma, Southshore Bay brings MetroLagoon living to life! Its 5-acre crystal MetroLagoon provides several activities to enjoy under the warm Florida sun, and has something for everyone. The gated community offers walking and golf cart paths, and is just minutes from I-75, which grants easy access to St. Pete, Downtown Tampa, and Sarasota. When calling Southshore Bay home, you’ll be just 15-minutes from the Bay, public golf courses, and plenty of shops and dining. Each townhome is constructed with all concrete block construction on 1st and 2nd stories and Home is Connected; D. R. Horton’s Smart Home System. Many townhome sites throughout the community sit on pond and conservation sites, which offer beautiful views, as does the scenic MetroLagoon Other inventory options may be available in this community. Please reach out for a list of availability. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information, including pricing, included features, terms, availability, and amenities, are subject to change and prior sale at any time without notice or obligation. Materials may vary based on availability. D. R. Horton Reserves all Rights.

45. 2024-03-21
    price $289,990 1309-char remark

    Show marketing remark (1309 chars)

    Under Construction. Located off State Road 674 in Wimauma, Southshore Bay brings MetroLagoon living to life! Its 5-acre crystal MetroLagoon provides several activities to enjoy under the warm Florida sun, and has something for everyone. The gated community offers walking and golf cart paths, and is just minutes from I-75, which grants easy access to St. Pete, Downtown Tampa, and Sarasota. When calling Southshore Bay home, you’ll be just 15-minutes from the Bay, public golf courses, and plenty of shops and dining. Each townhome is constructed with all concrete block construction on 1st and 2nd stories and Home is Connected; D. R. Horton’s Smart Home System. Many townhome sites throughout the community sit on pond and conservation sites, which offer beautiful views, as does the scenic MetroLagoon Other inventory options may be available in this community. Please reach out for a list of availability. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information, including pricing, included features, terms, availability, and amenities, are subject to change and prior sale at any time without notice or obligation. Materials may vary based on availability. D. R. Horton Reserves all Rights.

46. 2024-02-20
    listed $293,990 Active 1309-char remark

    Show marketing remark (1309 chars)

    Under Construction. Located off State Road 674 in Wimauma, Southshore Bay brings MetroLagoon living to life! Its 5-acre crystal MetroLagoon provides several activities to enjoy under the warm Florida sun, and has something for everyone. The gated community offers walking and golf cart paths, and is just minutes from I-75, which grants easy access to St. Pete, Downtown Tampa, and Sarasota. When calling Southshore Bay home, you’ll be just 15-minutes from the Bay, public golf courses, and plenty of shops and dining. Each townhome is constructed with all concrete block construction on 1st and 2nd stories and Home is Connected; D. R. Horton’s Smart Home System. Many townhome sites throughout the community sit on pond and conservation sites, which offer beautiful views, as does the scenic MetroLagoon Other inventory options may be available in this community. Please reach out for a list of availability. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information, including pricing, included features, terms, availability, and amenities, are subject to change and prior sale at any time without notice or obligation. Materials may vary based on availability. D. R. Horton Reserves all Rights.

47. 2023-08-09
    soldstatus $877,700

ⓘ 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: $3,030 · $253/mo
• Projected year-2 tax: $3,030 · $253/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 · 25 d/yr by 30 yrs out
• 💨 Wind 9/10 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: $27,738
• − Mortgage interest: −$14,956
• − Property taxes: −$3,030
• − Insurance: −$1,335
• − Repairs & maintenance: −$2,219
• − Management: −$2,219
• − HOA: −$2,544
• − Depreciation: −$7,767
• Taxable loss: −$6,333
• Est. tax savings @ 24.0%: +$1,520
• After-tax cash flow: $-279/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 · 12 photos

Good 80/100 Cosmetic rehab Est. rehab $8,475–$25,425 screening

This well-maintained townhome in Southshore Bay offers a good investment opportunity with minimal repairs needed and a good condition score.

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and value ↑
• Rental Replace air filters regularly — Keeps HVAC system running efficiently ↑
• Both Install smart home system — Enhances convenience and value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic 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 32/100

Zoned Schools

Elementary Reddick Elementary School F FL #1,841/2,144 Nat'l #25,956/41,679 Middle Shields Middle School F FL #486/571 Nat'l #9,545/14,009 High Lennard High School F FL #328/667 Nat'l #8,877/17,239

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

C Composite livability gradescore 64/100

Livability — Wimauma

• Score: 64/100
• State rank: #699
• US rank: #14659

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wimauma, FL
• County: Hillsborough County · 1,607,022 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: 7% of renters

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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%

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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%

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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

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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

Price history

-69.6% since first listed

8 events — show timeline

• 2026-05-12 Price Changed $267,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-05 Price Changed $259,999 Stellar MLS as Distributed by MLS Grid
• 2026-03-25 Listed $289,999 Stellar MLS as Distributed by MLS Grid
• 2024-07-12 Sold (MLS) $289,990 Stellar MLS as Distributed by MLS Grid
• 2024-04-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-03-21 Price Changed $289,990 Stellar MLS as Distributed by MLS Grid
• 2024-02-20 Listed $293,990 Stellar MLS as Distributed by MLS Grid
• 2023-08-09 Sold (Public Records) $877,700 Public Records

Property tax history

+21.8%/yr

Latest (2025): $3,030 · +41.3% YoY. Source: county tax records.