2142 Bradford St #323 · Largo, FL 33760

$111,000

1 bd · 1.0 ba · 480 sqft · Condo public records · 156 Days on market

Built 1986 $309/mo HOA · 22% 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 +16.9/30.0
• 1% rule +7.9/10.0
• ARV discount +7.5/15.0
• DSCR +5.2/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +0.7/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 1 bedroom, 1 bathroom condo is a perfect home for the first-time home buyer. The unique spiral staircase leads up to the open loft with a closet. The home's first floor offers an open, spacious feel with the living space open to the kitchen. This condo community is conveniently located near shopping, major roads, and grocery stores. Close to St Pete Airport

Key facts

• Updated kitchen
• $309 HOA
• Built 1986

Tags

• UPDATED KITCHEN
• STAINLESS STEEL APPLIANCES
• OVERSIZED BEDROOM LOFT
• LOW MAINTENANCE TILE FLOORING

Property features AI

Finance

• Other: Unfurnished; Third-party listing; Living area approximately 480 square feet
• Financial info: Total monthly fees $309; total annual fees $3,708; Lease restrictions apply
• HOA & community: HOA with monthly condo fee of $309 (fees include insurance, structure and grounds maintenance, management, sewer, trash, water); Association approval required; Community mailbox; Pets allowed (maximum ~10 lb)

Exterior

• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Condominium; Residential property; Two-story building; Faces northeast; Unit on 2nd floor
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Built as part of building number 2142
• Exterior features: Sidewalk

Interior

• Kitchen: Convection oven; Microwave; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Laminate; Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Ductless heating; Wall/window air conditioning units
• Interior features: Eat-in kitchen; High ceilings; Kitchen/family room combo; Open floorplan; Solid wood cabinets; Stone counters; Window treatments
• Laundry & utility: Common area laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $111k.

Deal economics

• At list price, monthly cash flow is $72 ($868/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $111k).
• Recommended offer: $98k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.1% 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: Frontier Elementary School (math 45% / reading 48%, grade D-, #1,223 of 2,144 statewide, top 57%, 651 students, 72% FRL); Pinellas Park High School (math 28% / reading 35%, grade F, #424 of 667 statewide, top 64%, 1,919 students, 57% FRL) — zoned schools average 64% FRL vs 48% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 39% at this address vs 51% district-wide (-12 pts) — the specific schools serving this property underperform the Pinellas average; the district grade overstates school quality for this exact location.
• Market conditions: Rents falling (-7.1%/yr); 129 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $767 of loan paydown is wiped out by about $3k 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 156 days — a 12% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 20y ago; this cycle's ask has dropped $8k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $47k; list at $111k implies a 136% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 22% of rent.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $97,680 (12.0% below list)

Questions for the listing agent

1. It's been on market 156 days. Have you received any prior offers? Is the seller open to a 12% 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. 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 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: 1.29% ✓
• Cap rate: 7.07%
• Cash-on-cash: 2.79%
• DSCR: 1.12
• GRM: 6.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -16.4%
• Equity multiple: 0.44×
• Total profit: $-17,369
• Equity at exit: $16,550

10-year hold

• IRR: -17.7%
• Equity multiple: 0.21×
• Total profit: $-24,568
• Equity at exit: $9,597

Cash invested: $31,080 (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 33760

• Rents YoY: -7.1%
• Active inventory: 129
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,429 medium
• Mortgage (P&I): −$582
• Tax from tax record: −$119 /mo · $1,432/yr
• Insurance: −$46
• HOA: −$309
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $72

Break-even live

Break-even rent $1,338

Max offer price $111,000

Occupancy floor 90%

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: $27,750
• Closing costs: $3,330
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15672 US Hwy 19 N Clearwater, FL	—	1.0	300	$2,099	$7.00	7d	1	0.87mi

HOA detail condo

• Monthly dues: $309 · $3,708/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 37 events

1. 2026-06-18
   days on market $111,000 Active 156 DOM
2. 2026-06-17
   days on market $111,000 Active 155 DOM
3. 2026-06-16
   days on market $111,000 Active 154 DOM
4. 2026-06-15
   days on market $111,000 Active 153 DOM
5. 2026-06-13
   days on market $111,000 Active 151 DOM
6. 2026-06-09
   days on market $111,000 Active 147 DOM
7. 2026-06-08
   days on market $111,000 Active 146 DOM
8. 2026-06-07
   days on market $111,000 Active 145 DOM
9. 2026-06-04
   days on market $111,000 Active 142 DOM
10. 2026-06-03
    days on market $111,000 Active 141 DOM
11. 2026-06-01
    days on market $111,000 Active 139 DOM
12. 2026-05-31
    days on market $111,000 Active 138 DOM
13. 2026-04-02
    price $111,000
14. 2026-01-13
    listed $118,500 Active
15. 2020-02-28
    soldstatus $47,000
16. 2020-02-20
    soldstatus $47,000 Sold 364-char remark

    Show marketing remark (364 chars)

    This 1 bedroom, 1 bathroom condo is a perfect home for the first-time home buyer. The unique spiral staircase leads up to the open loft with a closet. The home's first floor offers an open, spacious feel with the living space open to the kitchen. This condo community is conveniently located near shopping, major roads, and grocery stores. Close to St Pete Airport

17. 2020-01-23
    status Pending 364-char remark

    Show marketing remark (364 chars)

    This 1 bedroom, 1 bathroom condo is a perfect home for the first-time home buyer. The unique spiral staircase leads up to the open loft with a closet. The home's first floor offers an open, spacious feel with the living space open to the kitchen. This condo community is conveniently located near shopping, major roads, and grocery stores. Close to St Pete Airport

18. 2020-01-21
    listed $50,000 Active 364-char remark

    Show marketing remark (364 chars)

    This 1 bedroom, 1 bathroom condo is a perfect home for the first-time home buyer. The unique spiral staircase leads up to the open loft with a closet. The home's first floor offers an open, spacious feel with the living space open to the kitchen. This condo community is conveniently located near shopping, major roads, and grocery stores. Close to St Pete Airport

19. 2019-11-22
    historical
20. 2019-09-13
    status Active
21. 2019-09-06
    status Pending
22. 2018-12-21
    status Active
23. 2018-11-05
    historical
24. 2018-08-25
    listed $50,000 Active
25. 2018-07-06
    historical
26. 2018-04-25
    listed $50,000 Active
27. 2016-10-21
    soldstatus $42,000
28. 2016-01-04
    soldstatus $47,000
29. 2015-12-29
    soldstatus $23,500 Sold
30. 2015-11-28
    status Pending
31. 2015-11-13
    listed $27,900 Active
32. 2007-04-27
    soldstatus $54,500
33. 2007-04-26
    soldstatus $54,500
34. 2006-11-15
    listed $56,900
35. 2002-08-22
    soldstatus $105,000
36. 2001-03-26
    soldstatus $44,000
37. 1988-06-01
    soldstatus $37,000

ⓘ 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: $1,432 · $119/mo
• Projected year-2 tax: $1,432 · $119/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 6/10 Major FEMA zone X (unshaded) · 57% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 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: $17,150
• − Mortgage interest: −$6,218
• − Property taxes: −$1,432
• − Insurance: −$555
• − Repairs & maintenance: −$1,372
• − Management: −$1,372
• − HOA: −$3,708
• − Depreciation: −$3,229
• Taxable loss: −$736
• Est. tax savings @ 24.0%: +$177
• After-tax cash flow: $1,045/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): 20,501
• Household income: $69,596
• Rent vs Own: 50.9% rent · 49.1% own
• Severe rent burden: 1311.0

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: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 56% Hispanic / Latino 17% Black 17% Two or more races 10% Asian 6%
• Hispanic origin (detail): Mexican 8% Puerto Rican 5% Cuban 1%
• Common ancestry: Lithuanian 2% American 2% Romanian 2%
• Foreign-born: 16% · Canada, Vietnam
• Languages at home: 79% English-only · Spanish 10% Russian/Polish/Slavic 4% 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: ▼ -143.13%
• Current HPI: 258.297
• Rent YoY: ▼ -7.07%
• 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

+200.0% since first listed

25 events — show timeline

• 2026-04-02 Price Changed $111,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-13 Listed $118,500 Stellar MLS as Distributed by MLS Grid
• 2020-02-28 Sold (Public Records) $47,000 Public Records
• 2020-02-20 Sold (MLS) $47,000 Stellar MLS as Distributed by MLS Grid
• 2020-01-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-01-21 Listed $50,000 Stellar MLS as Distributed by MLS Grid
• 2019-11-22 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2019-09-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2019-09-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-12-21 Relisted — Stellar MLS as Distributed by MLS Grid
• 2018-11-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-08-25 Listed $50,000 Stellar MLS as Distributed by MLS Grid
• 2018-07-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-04-25 Listed $50,000 Stellar MLS as Distributed by MLS Grid
• 2016-10-21 Sold (Public Records) $42,000 Public Records
• 2016-01-04 Sold (Public Records) $47,000 Public Records
• 2015-12-29 Sold (MLS) $23,500 Stellar MLS as Distributed by MLS Grid
• 2015-11-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-11-13 Listed $27,900 Stellar MLS as Distributed by MLS Grid
• 2007-04-27 Sold (Public Records) $54,500 Public Records
• 2007-04-26 Sold (MLS) $54,500 Stellar MLS as Distributed by MLS Grid
• 2006-11-15 Listed $56,900 Stellar MLS as Distributed by MLS Grid
• 2002-08-22 Sold (Public Records) $105,000 Public Records
• 2001-03-26 Sold (Public Records) $44,000 Public Records
• 1988-06-01 Sold (Public Records) $37,000 Public Records

Property tax history

+10.6%/yr

Latest (2025): $1,432 · +3.6% YoY. Source: county tax records.