730 Stremma Rd · Largo, FL 33770

$140,000

1 bd · 1.0 ba · 610 sqft · SingleFamily public records · 13 Days on market

Built 1958 7,501 sqft lot Est $134k · at est.

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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 +20.3/30.0
• DSCR +6.4/10.0
• 1% rule +5.4/10.0
• ARV discount +5.3/15.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.6/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Opportunity awaits in a prime Largo location! Situated on a spacious 50x150 lot, this property presents excellent potential for investors, builders, renovators, or buyers looking to create something special. Whether you envision a full renovation or are exploring the possibilities of new construction, this property offers a rare chance to secure a generously sized lot in a desirable area. Conveniently located just minutes from beautiful Gulf beaches, local restaurants, shopping, and the recreational amenities of Largo Central Park, the location offers both convenience and lifestyle appeal. No HOA provides added flexibility and freedom. The existing ho

Key facts

• Largo central park
• Gulf beaches
• Local restaurants

Tags

• 50X150 LOT
• GULF BEACHES
• LOCAL RESTAURANTS
• LARGO CENTRAL PARK
• NO HOA

Property features AI

Finance

• Other: Furnished; No lease restrictions
• HOA & community: No association indicated

Exterior

• Utilities: Public water; Public sewer; Other utilities
• Home design: Single family residence; One story; South-facing; Homestead property
• Construction: Stucco construction; Shingle roof; Slab foundation; Built on 0.17-acre lot (approx. 50 x 150)
• Exterior features: Other exterior features; Paved road access

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Other flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Ductless heating; Wall/window cooling unit(s)
• Interior features: Living room and dining room combined; Window treatments
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $178 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $140k).
• Cap rate 7.8% 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.
• Zoned schools: Mildred Helms Elementary School (math 54% / reading 49%, grade C-, #1,035 of 2,144 statewide, top 49%, 514 students, 65% FRL); Largo High School (math 30% / reading 50%, grade F, #296 of 667 statewide, top 45%, 2,055 students, 53% FRL).
• Market conditions: Rents falling (-3.5%/yr); 217 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 $968 of loan paydown is wiped out by about $4k 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

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $30k; list at $140k implies a 367% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,000

Questions for the listing agent

1. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.04% ✓
• Cap rate: 7.82%
• Cash-on-cash: 5.46%
• DSCR: 1.24
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $133,590
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
250 Rosery Rd NW #233	0.45mi	1/1.0	594 (-3%)	18mo	$130,000	$219	60

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: -11.3%
• Equity multiple: 0.60×
• Total profit: $-15,562
• Equity at exit: $20,874

10-year hold

• IRR: -7.1%
• Equity multiple: 0.61×
• Total profit: $-15,269
• Equity at exit: $12,105

Cash invested: $39,200 (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 33770

• Rents YoY: -3.5%
• Active inventory: 217
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,450 high
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,100/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $178

Break-even live

Break-even rent $1,225

Max offer price $140,000

Occupancy floor 83%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
556 Clearwater Largo Rd Unit 1 Largo, FL	2.0	1.0	750	$1,600	$2.13	1d	1	0.14mi
558 Clearwater Largo Rd Unit 1 Largo, FL	1.0	1.0	620	$1,400	$2.26	1d	1	0.16mi
1040 Clearwater Largo Rd Apt 411 Largo, FL	1.0	1.0	696	$1,650	$2.37	4d	1	0.27mi
417 Woodrow Ave Largo, FL	1.0	1.0	650	$1,175	$1.81	17d	1	0.29mi
250 Rosery Rd NW Largo, FL	1.0	1.0	672	$1,295	$1.93	2d	1	0.44mi
507 Cleveland Ave SW Apt 2 Largo, FL	1.0	1.0	400	$1,200	$3.00	17d	1	0.54mi
1123 15th Ave NW Apt N Largo, FL	1.0	1.0	488	$1,200	$2.46	17d	1	0.64mi
157 2nd Ave SW Unit A Largo, FL	2.0	1.0	678	$1,600	$2.36	24d	1	0.65mi
1500 West Bay Dr Largo, FL	2.0	1.0	740	$1,595	$2.16	14d	1	0.74mi
401 Rosery Rd NE Largo, FL	2.0	1.0–2.0	850	$1,549	$1.82	1d	31	0.74mi
1120 Wyatt St Clearwater, FL	1.0	1.0	600	$1,150	$1.92	17d	1	0.88mi
833 Hall St Clearwater, FL	1.0	1.0	700	$1,350	$1.93	24d	1	0.89mi
833 Hall St Clearwater, FL	1.0	1.0	700	$1,350	$1.93	16d	1	0.89mi
1975 West Bay Dr #115 Largo, FL	1.0	1.0	630	$1,495	$2.37	24d	1	0.93mi
897 10th Ave SW Unit 903 Largo, FL	1.0	1.0	468	$1,500	$3.21	24d	1	1.09mi
907 10th Ave SW Unit 909 Largo, FL	1.0	1.0	468	$1,400	$2.99	24d	1	1.09mi
1632 Clearwater Largo Rd Clearwater, FL	3.0	1.0–2.0	961	$2,099	$2.18	1d	25	1.09mi
2323 Belmar Dr Belleair Bluffs, FL	1.0	1.0	640	$1,580	$2.47	14d	1	1.11mi
2167 Dart Ave Unit 6 Largo, FL	1.0	1.0	630	$1,495	$2.37	13d	1	1.12mi
2167 Dart Ave Unit 7 Largo, FL	1.0	1.0	639	$1,395	$2.18	11d	1	1.12mi
1587 Scranton Ave Unit B Clearwater, FL	2.0	1.0	665	$1,450	$2.18	24d	1	1.13mi
2301 West Bay Dr Largo, FL	1.0	1.0	600	$1,375	$2.29	24d	1	1.18mi
1552 S Myrtle Ave Clearwater, FL	2.0	1.5	750	$1,750	$2.33	14d	1	1.22mi
1538 S Martin Luther King Jr Ave Clearwater, FL	2.0	1.0	650	$1,625	$2.50	24d	1	1.25mi
1516 Carmel Ave Clearwater, FL	2.0	1.0	740	$1,650	$2.23	3d	1	1.31mi
2525 West Bay Dr Belleair Bluffs, FL	1.0–2.0	1.0–2.0	767	$1,300	$1.69	1d	5	1.37mi
1201 Seminole Blvd Largo, FL	1.0–3.0	1.0–2.0	1067	$1,295	$1.21	1d	1	1.45mi

Listing history 12 events

1. 2026-06-13
   statusdays on market $140,000 Pending 13 DOM
2. 2026-06-09
   days on market $140,000 Active 12 DOM
3. 2026-06-08
   days on market $140,000 Active 11 DOM
4. 2026-06-07
   days on market $140,000 Active 10 DOM
5. 2026-06-04
   days on market $140,000 Active 7 DOM
6. 2026-06-03
   days on market $140,000 Active 6 DOM
7. 2026-06-02
   days on market $140,000 Active 5 DOM
8. 2026-06-01
   days on market $140,000 Active 4 DOM
9. 2026-06-01
   remarks 699-char remark
10. 2026-05-31
    days on market $140,000 Active 3 DOM
11. 2026-05-28
    listed $140,000 Active
12. 1996-07-17
    soldstatus $30,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 6 d/yr ≥108°F today · 20 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: $17,404
• − Mortgage interest: −$7,842
• − Property taxes: −$2,100
• − Insurance: −$700
• − Repairs & maintenance: −$1,392
• − Management: −$1,392
• − Depreciation: −$4,073
• Taxable loss: −$96
• Est. tax savings @ 24.0%: +$23
• After-tax cash flow: $2,162/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

• Census place: Largo, FL
• County: Pinellas County · 939,478 people
• City population: 106,311
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 25,368
• Household income: $59,815
• Rent vs Own: 38.3% rent · 61.7% own
• Severe rent burden: 1404.0

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% Hispanic / Latino 11% Two or more races 9% Black 8% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3% Cuban 2%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 2%
• Foreign-born: 9% · Canada, Jamaica
• Languages at home: 89% English-only · Spanish 5% Other Indo-European 2% German/W. Germanic 1%

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: ▼ -317.05%
• Current HPI: 353.8484
• Rent YoY: ▼ -3.47%
• 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

+366.7% since first listed

2 events — show timeline

• 2026-05-28 Listed $140,000 Stellar MLS as Distributed by MLS Grid
• 1996-07-17 Sold (Public Records) $30,000 Public Records

Property tax history

-10.9%/yr

Latest (2025): $125 · +15.1% YoY. Source: county tax records.