4335 Aegean Dr Unit 144A · Tampa, FL 33611

$144,900

1 bd · 1.0 ba · 760 sqft · Condo public records · 115 Days on market

Built 1981 $405/mo HOA · 21% of rent

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Why this score? — see what drove the C- 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 +18.6/30.0
• 1% rule +8.4/10.0
• ARV discount +7.5/15.0
• DSCR +5.8/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this well-maintained 1-bedroom, 1-bathroom first-floor condo offering 760 square feet of comfortable living space in desirable South Tampa. Fresh interior paint gives the home a clean, move-in ready feel, while the 2-year-old HVAC system provides peace of mind. The building features a newer roof, and solid concrete walls and floors offer added durability and sound insulation. Enjoy the convenience of one assigned parking space and access to the community’s in-ground pool—perfect for relaxing on warm Florida days. Ideally located near local shopping and restaurants, with quick access to the Selmon Expressway and Gandy Bridge for an easy commute to downtown Tampa, MacDill AFB, or St. Petersburg. Whether you’re looking for a primary residence or a smart rental investment, this South Tampa condo is an opportunity you don’t want to miss.

Key facts

• Newer roof
• Solid concrete walls
• First floor condo

Tags

• FIRST FLOOR CONDO
• NEWER ROOF
• SOLID CONCRETE WALLS
• IN GROUND POOL
• ASSIGNED PARKING SPACE
• QUICK ACCESS TO GANDY BRIDGE

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $145k.

Deal economics

• At list price, monthly cash flow is $140 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $132k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 79/100 on livability (#142 in FL, #2,135 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: crime D+.
• 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: Anderson Elementary School (math 52% / reading 52%, grade C-, #990 of 2,144 statewide, top 48%, 304 students, 46% FRL); Madison Middle School (math 43% / reading 46%, grade D, #320 of 571 statewide, top 57%, 563 students, 65% FRL); Robinson High School (math 43% / reading 63%, grade C-, #148 of 667 statewide, top 23%, 1,354 students, 41% FRL) — zoned schools at 51% FRL track the district average.
• Market conditions: Rents flat; 423 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 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 (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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 115 days — a 9% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $38k; list at $145k implies a 281% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 21% of rent.

Recommended offer $131,859 (9.0% below list)

Questions for the listing agent

1. It's been on market 115 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.34% ✓
• Cap rate: 7.45%
• Cash-on-cash: 4.14%
• DSCR: 1.18
• GRM: 6.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.69% rent growth · sell at horizon

5-year hold

• IRR: -13.2%
• Equity multiple: 0.54×
• Total profit: $-18,722
• Equity at exit: $21,605

10-year hold

• IRR: -9.8%
• Equity multiple: 0.48×
• Total profit: $-21,055
• Equity at exit: $12,528

Cash invested: $40,572 (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 33611

• Rents YoY: 0.7%
• Active inventory: 423
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,948 high
• Mortgage (P&I): −$760
• Tax from tax record: −$174 /mo · $2,084/yr
• Insurance: −$60
• HOA: −$405
• Vacancy / Maint / Mgmt: −$409
• Net cashflow: $140

Break-even live

Break-even rent $1,771

Max offer price $144,900

Occupancy floor 88%

Sensitivity live

Price	-10% $222	-5% $181	+0% $140	+5% $99	+10% $58
Rent	-10% $-14	-5% $63	+0% $140	+5% $217	+10% $294
Rate	-1.0pp $213	-0.5pp $177	base $140	+0.5pp $102	+1.0pp $64

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: $36,225
• Closing costs: $4,347
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4315 Aegean Dr Unit 102C Tampa, FL	2.0	1.0	1000	$1,849	$1.85	23d	1	0.09mi
4521 W La Villa Ln Tampa, FL	2.0	1.5	1044	$1,875	$1.80	26d	1	0.14mi
4304 La Riviera Ct Tampa, FL	2.0	1.5	1044	$3,275	$3.14	26d	1	0.14mi
4233 La Sorrento Ct Tampa, FL	2.0	1.5	1044	$2,200	$2.11	5d	1	0.17mi
4220 La Dega Ct Tampa, FL	2.0	2.0	1044	$1,899	$1.82	26d	1	0.18mi
4220 La Dega Ct Unit 1 Tampa, FL	2.0	1.5	1044	$1,899	$1.82	26d	1	0.18mi
4800 S West Shore Blvd Tampa, FL	1.0–2.0	1.0–2.0	801	$1,555	$1.94	0d	18	0.50mi
5110 S Manhattan Ave Tampa, FL	1.0–3.0	1.0–2.0	997	$1,895	$1.90	1d	23	0.55mi
5145 S Dale Mabry Hwy Tampa, FL	3.0	1.0–2.0	1057	$2,613	$2.47	0d	20	0.64mi
5055 S Dale Mabry Hwy Tampa, FL	2.0	1.0–2.0	797	$1,600	$2.01	4d	28	0.65mi
3821 N Oak Dr Unit J21 Tampa, FL	2.0	2.0	1010	$1,950	$1.93	22d	1	0.65mi
4002 S Manhattan Ave Tampa, FL	1.0	1.0	650	$1,549	$2.38	1d	3	0.65mi
4922 W Gandy Blvd #102 Tampa, FL	1.0	1.0	595	$1,450	$2.44	14d	1	0.69mi
4851 W Gandy Blvd Tampa, FL	1.0–2.0	1.0–2.0	910	$1,200	$1.32	0d	2	0.71mi
3811 N Oak Dr Unit 61 Tampa, FL	2.0	2.0	904	$1,880	$2.08	12d	1	0.72mi
3811 N Oak Dr Unit 61 Tampa, FL	2.0	2.0	904	$1,880	$2.08	1d	1	0.72mi
5000 Culbreath Key Way Tampa, FL	1.0–2.0	1.0–2.0	847	$1,650	$1.95	4d	3	0.75mi
4207 S Dale Mabry Hwy Tampa, FL	1.0–3.0	1.0–2.0	1117	$1,595	$1.43	1d	8	0.78mi
5320 S West Shore Blvd Tampa, FL	2.0	1.0–2.0	865	$2,340	$2.71	1d	20	0.84mi
5117 S Clarice Ct Unit 5117A Tampa, FL	2.0	1.0	900	$1,756	$1.95	15d	1	0.88mi
5608 S Manhattan Ave Unit A Tampa, FL	2.0	1.0	800	$500	$0.62	19d	1	0.88mi
5101 S Clarice Ct Tampa, FL	2.0	1.0	820	$1,300	$1.59	26d	1	0.89mi
5107 S Clarice Ct Tampa, FL	2.0	1.0	1000	$1,500	$1.50	3d	1	0.89mi
4003 S West Shore Blvd Tampa, FL	2.0	1.0–2.0	690	$1,688	$2.44	1d	304	0.91mi
5113 S Clarice Ct Unit 5113A Tampa, FL	2.0	1.0	1000	$1,500	$1.50	16d	1	0.91mi
5001 Bridge St Tampa, FL	2.0	1.0–2.0	913	$2,665	$2.92	1d	9	0.91mi
5350 Bridge St Tampa, FL	1.0–3.0	1.0–2.0	1092	$2,289	$2.10	3d	12	0.93mi
3814 W Euclid Ave Tampa, FL	1.0	1.0	650	$1,500	$2.31	26d	2	1.00mi
3414 W Oakellar Ave Tampa, FL	2.0	1.0	1078	$1,850	$1.72	15d	1	1.02mi
5000 S Himes Ave Tampa, FL	1.0–2.0	1.0–2.0	866	$1,670	$1.93	0d	7	1.05mi
3404 W Marlin Ave Tampa, FL	1.0–2.0	1.0–2.0	915	$1,075	$1.17	6d	10	1.09mi
5127 W Tyson Ave Tampa, FL	3.0	1.0–2.5	1078	$3,300	$3.06	0d	29	1.14mi
3701 W Wyoming Ave Tampa, FL	2.0	1.0	900	$1,550	$1.72	25d	1	1.24mi
3809 W Iowa Ave Tampa, FL	1.0	1.0	650	$1,125	$1.73	6d	3	1.27mi
5301 W Tyson Ave Tampa, FL	1.0–3.0	1.0–2.0	1176	$2,860	$2.43	1d	189	1.28mi
6001 S Dale Mabry Hwy Unit 08 Tampa, FL	2.0	1.0	830	$1,195	$1.44	26d	1	1.30mi
5215 W Tyson Ave Tampa, FL	2.0	2.0	1087	$3,570	$3.28	1d	1	1.30mi
6207 S West Shore Blvd Tampa, FL	3.0	1.0–2.0	1076	$3,027	$2.81	0d	38	1.38mi
6237 S Manhattan Ave Tampa, FL	2.0	1.0	900	$1,749	$1.94	0d	10	1.39mi
3730 W Bay Ave Tampa, FL	1.0–2.0	1.0	775	$1,049	$1.35	25d	1	1.44mi

HOA detail condo

• Monthly dues: $405 · $4,860/yr
• Likely covers: poolparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-21
   days on market $144,900 Active 115 DOM
2. 2026-06-18
   days on market $144,900 Active 112 DOM
3. 2026-06-17
   days on market $144,900 Active 111 DOM
4. 2026-06-16
   days on market $144,900 Active 110 DOM
5. 2026-06-15
   days on market $144,900 Active 109 DOM
6. 2026-06-13
   days on market $144,900 Active 107 DOM
7. 2026-06-13
   days on market $144,900 Active 106 DOM
8. 2026-06-09
   days on market $144,900 Active 103 DOM
9. 2026-06-08
   days on market $144,900 Active 102 DOM
10. 2026-06-07
    days on market $144,900 Active 101 DOM
11. 2026-06-04
    days on market $144,900 Active 98 DOM
12. 2026-06-03
    days on market $144,900 Active 97 DOM
13. 2026-06-02
    days on market $144,900 Active 96 DOM
14. 2026-06-01
    days on market $144,900 Active 95 DOM
15. 2026-05-31
    days on market $144,900 Active 94 DOM
16. 2026-05-07
    price $144,900 879-char remark

    Show marketing remark (879 chars)

    Welcome to this well-maintained 1-bedroom, 1-bathroom first-floor condo offering 760 square feet of comfortable living space in desirable South Tampa. Fresh interior paint gives the home a clean, move-in ready feel, while the 2-year-old HVAC system provides peace of mind. The building features a newer roof, and solid concrete walls and floors offer added durability and sound insulation. Enjoy the convenience of one assigned parking space and access to the community’s in-ground pool—perfect for relaxing on warm Florida days. Ideally located near local shopping and restaurants, with quick access to the Selmon Expressway and Gandy Bridge for an easy commute to downtown Tampa, MacDill AFB, or St. Petersburg. Whether you’re looking for a primary residence or a smart rental investment, this South Tampa condo is an opportunity you don’t want to miss.

17. 2026-03-26
    price $149,900 879-char remark

    Show marketing remark (879 chars)

    Welcome to this well-maintained 1-bedroom, 1-bathroom first-floor condo offering 760 square feet of comfortable living space in desirable South Tampa. Fresh interior paint gives the home a clean, move-in ready feel, while the 2-year-old HVAC system provides peace of mind. The building features a newer roof, and solid concrete walls and floors offer added durability and sound insulation. Enjoy the convenience of one assigned parking space and access to the community’s in-ground pool—perfect for relaxing on warm Florida days. Ideally located near local shopping and restaurants, with quick access to the Selmon Expressway and Gandy Bridge for an easy commute to downtown Tampa, MacDill AFB, or St. Petersburg. Whether you’re looking for a primary residence or a smart rental investment, this South Tampa condo is an opportunity you don’t want to miss.

18. 2026-02-26
    listed $154,900 Active 879-char remark

    Show marketing remark (879 chars)

    Welcome to this well-maintained 1-bedroom, 1-bathroom first-floor condo offering 760 square feet of comfortable living space in desirable South Tampa. Fresh interior paint gives the home a clean, move-in ready feel, while the 2-year-old HVAC system provides peace of mind. The building features a newer roof, and solid concrete walls and floors offer added durability and sound insulation. Enjoy the convenience of one assigned parking space and access to the community’s in-ground pool—perfect for relaxing on warm Florida days. Ideally located near local shopping and restaurants, with quick access to the Selmon Expressway and Gandy Bridge for an easy commute to downtown Tampa, MacDill AFB, or St. Petersburg. Whether you’re looking for a primary residence or a smart rental investment, this South Tampa condo is an opportunity you don’t want to miss.

19. 2003-09-16
    soldstatus $38,000
20. 1990-11-01
    soldstatus $27,000
21. 1986-10-01
    soldstatus $31,000

ⓘ 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: $2,084 · $174/mo
• Projected year-2 tax: $2,084 · $174/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $23,375
• − Mortgage interest: −$8,117
• − Property taxes: −$2,084
• − Insurance: −$724
• − Repairs & maintenance: −$1,870
• − Management: −$1,870
• − HOA: −$4,860
• − Depreciation: −$4,215
• Taxable loss: −$366
• Est. tax savings @ 24.0%: +$88
• After-tax cash flow: $1,767/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 — Tampa

• Score: 79/100
• State rank: #142
• US rank: #2135

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tampa, FL
• County: Hillsborough County · 1,540,968 people
• City population: 523,346
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 36,810
• Household income: $90,910
• Rent vs Own: 46.3% rent · 53.7% own
• Severe rent burden: 1761.0

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: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 14% Two or more races 12% Black 5% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 4%
• Common ancestry: Romanian 3% Slovak 2% Lithuanian 2%
• Foreign-born: 12% · Canada, Vietnam, Jamaica
• Languages at home: 85% English-only · Spanish 7% Other Indo-European 2% Vietnamese 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: ▼ -328.23%
• Current HPI: 374.7996
• Rent YoY: ▲ 0.69%
• 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

+367.4% since first listed

6 events — show timeline

• 2026-05-07 Price Changed $144,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Price Changed $149,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-26 Listed $154,900 Stellar MLS as Distributed by MLS Grid
• 2003-09-16 Sold (Public Records) $38,000 Public Records
• 1990-11-01 Sold (Public Records) $27,000 Public Records
• 1986-10-01 Sold (Public Records) $31,000 Public Records

Property tax history

+10.1%/yr

Latest (2025): $2,084 · +15.0% YoY. Source: county tax records.