1668 Hazy Sea Dr · Plant City, FL 33565

$270,000

3 bd · 2.0 ba · 1,566 sqft · SingleFamily public records · 96 Days on market

Built 2023 Good condition 4,600 sqft lot 2-car garage $172/sqft · 20% below area Est $339k · 20% under $10/mo HOA ↓ 27% since listing

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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 +15.5/30.0
• ARV discount +15.0/15.0
• DSCR +4.8/10.0
• 1% rule +4.5/10.0
• Schools +3.9/10.0
• Livability +3.8/5.0
• Condition / age +3.8/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Short Sale. Hurry, Short Sale Opportunity at North Park Isle. House located in the Plant City, right off San Allen Rd and North Park Rd, easy access to I-4 between Tampa and Orlando, you will find endless entertainment options within both of the major surrounding cities, while enjoying a quiet, rural. North Park Isle features DR Horton series homes that include extended tile in the main living and dining area, a stainless-steel appliance package, granite countertops in the Kitchen, all concrete block construction. Don't miss the opportunity to make this beautiful house your new home. This is a Short Sale, final price a subject to a 3rd PARTY APPROVAL. Property is leased to Multiple Tenants.

Key facts

• 4,600 sq ft lot
• 2 garage spots
• Community pool

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $270k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-320 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $214k (20.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $256k (5.3% below list).
• Recommended offer: $214k (20.9% below list) — sets the bar for cash-flow.
• Cap rate 6.8% vs local median 4.3% in Plant City — 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 76/100 on livability (#227 in FL, #3,587 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: employment C-, commute 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: Knights Elementary School (math 52% / reading 45%, grade D, #1,152 of 2,144 statewide, top 55%, 623 students, 70% FRL); Marshall Middle Magnet School (math 28% / reading 31%, grade F, #469 of 571 statewide, top 84%, 1,089 students, 69% FRL); Plant City High School (math 38% / reading 40%, grade F, #312 of 667 statewide, top 48%, 2,474 students, 58% FRL).
• Market conditions: 426 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 29d on market — plan ~3-4 weeks tenant-placement turnaround); 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• This rent runs 42% of the median local income ($73k/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 $2k of loan paydown is wiped out by about $8k 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 96 days — a 9% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $213,536 (20.9% 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 96 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
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: 0.95% ✗
• Cap rate: 6.77%
• Cash-on-cash: 1.70%
• DSCR: 1.08
• GRM: 8.8

CMA / ARV

• ARV (median comp): $339,079
• List price: $270,000
• Delta: -20.37%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1803 Tahitian Sunrise Dr	0.30mi	3/2.0	1,672 (+7%)	18mo	$334,795	$200	59
3746 Capital Reserve Dr	0.60mi	3/2.0	1,556 (-1%)	18mo	$355,925	$229	55
3647 Natural Trace St	0.58mi	3/2.0	1,556 (-1%)	22mo	$334,425	$215	54
3719 Capital Reserve Dr	0.65mi	3/2.0	1,556 (-1%)	21mo	$320,900	$206	51
3727 Radiant Mountain Dr	0.68mi	3/2.0	1,483 (-5%)	23mo	$332,225	$224	40
3801 Radiant Mountain Dr	0.70mi	4/2.0 (+1)	1,607 (+3%)	24mo	$350,540	$218	38

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -24.8%
• Equity multiple: 0.16×
• Total profit: $-63,780
• Equity at exit: $40,258

10-year hold

• IRR: -20.0%
• Equity multiple: -0.06×
• Total profit: $-80,413
• Equity at exit: $23,345

Cash invested: $75,600 (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: 26 active · 3 under contract
• Months of supply: 78.0 mo (1%/mo absorbed)
• Median asking: $340,650 ($195/sqft)
• Median days on market: 107 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +11.0% above current asking $/sqft

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

ZIP-level market 33565

• Home prices YoY: -24.7%
• Active inventory: 426
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,557 high
• Mortgage (P&I): −$1,416
• Tax from tax record: −$374 /mo · $4,493/yr
• Insurance: −$112
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$10
• Vacancy / Maint / Mgmt: −$537
• Net cashflow: $-320

Break-even live

Break-even rent $2,961

Max offer price $213,536

Occupancy floor —

Sensitivity live

Price	-10% $-167	-5% $-243	+0% $-320	+5% $-396	+10% $-472
Rent	-10% $-522	-5% $-421	+0% $-320	+5% $-219	+10% $-118
Rate	-1.0pp $-184	-0.5pp $-251	base $-320	+0.5pp $-390	+1.0pp $-461

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: $67,500
• Closing costs: $8,100
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1458 Tahitian Sunrise Dr Plant City, FL	4.0	2.0	1935	$2,345	$1.21	34d	1	0.39mi
3615 Natural Trace St Plant City, FL	4.0	2.0	1935	$2,350	$1.21	22d	1	0.45mi
2318 Allium Roseum Ln Plant City, FL	4.0	2.0	1817	$2,300	$1.27	7d	1	0.55mi
1412 Tahitian Sunrise Dr Plant City, FL	3.0	2.0	1540	$2,200	$1.43	16d	1	0.56mi
3747 Capri Coast Dr Plant City, FL	4.0	2.5	2035	$2,695	$1.32	48d	1	0.80mi
3852 Northern Key Dr Plant City, FL	4.0	2.0	1936	$2,599	$1.34	28d	1	0.85mi
3911 N Maryland Ave Plant City, FL	4.0	3.0	2223	$2,600	$1.17	73d	1	0.88mi
3916 N Maryland Ave Plant City, FL	4.0	3.0	2223	$2,610	$1.17	35d	1	0.91mi
3916 N Maryland Ave Plant City, FL	4.0	3.0	2223	$2,610	$1.17	29d	1	0.91mi
3872 Capri Coast Dr Plant City, FL	4.0	2.0	2162	$2,395	$1.11	23d	1	1.08mi
3872 Capri Coast Dr Plant City, FL	4.0	2.0	2162	$2,395	$1.11	25d	1	1.08mi
3003 S Frontage Rd Plant City, FL	1.0–3.0	1.5–2.5	1169	$2,461	$2.11	7d	6	1.28mi
1702 E Carol Dr Plant City, FL	3.0	2.0	1200	$2,300	$1.92	9d	1	1.39mi
1702 E Carol Dr Plant City, FL	3.0	2.0	1200	$2,300	$1.92	34d	1	1.39mi

Property features AI

Finance

• Other: Homestead exemption recordedCDD present
• Financial info: Other annual assessment $1,999Monthly fees $10; annual fees $120Lease restrictions apply
• HOA & community: HOA managed by Inframark Infrastructure Management ServicesMonthly HOA fee $10Association fee required

Exterior

• Parking: Attached garage2-car garage
• Utilities: Canal/lake irrigation water sourcePublic sewerHigh‑speed internet available
• Home design: Single family residenceResidential propertyOne storyNorth facingCompleted conditionPD zoning
• Construction: Block, concrete and stucco constructionShingle roofSlab foundationBuilt by builder
• Exterior features: Concrete road surfaceIrrigation equipmentCommunity poolPets allowed: cats and dogs

Interior

• Kitchen: DishwasherDisposalMicrowaveRangeRefrigerator
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tileLaminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heatCentral air conditioning
• Interior features: Open floorplan
• Laundry & utility: Laundry inside

Listing history 50 events

1. 2026-08-08
   days on market $270,000 Active 96 DOM
2. 2026-08-06
   days on market $270,000 Active 94 DOM
3. 2026-08-05
   days on market $270,000 Active 93 DOM
4. 2026-08-04
   days on market $270,000 Active 92 DOM
5. 2026-08-03
   days on market $270,000 Active 91 DOM
6. 2026-07-31
   days on market $270,000 Active 88 DOM
7. 2026-07-30
   days on market $270,000 Active 86 DOM
8. 2026-07-28
   days on market $270,000 Active 85 DOM
9. 2026-07-26
   days on market $270,000 Active 83 DOM
10. 2026-07-24
    days on market $270,000 Active 81 DOM
11. 2026-07-23
    days on market $270,000 Active 80 DOM
12. 2026-07-22
    days on market $270,000 Active 79 DOM
13. 2026-07-21
    days on market $270,000 Active 78 DOM
14. 2026-07-20
    days on market $270,000 Active 77 DOM
15. 2026-07-18
    days on market $270,000 Active 74 DOM
16. 2026-07-16
    days on market $270,000 Active 73 DOM
17. 2026-07-15
    days on market $270,000 Active 72 DOM
18. 2026-07-13
    days on market $270,000 Active 70 DOM
19. 2026-07-13
    days on market $270,000 Active 69 DOM
20. 2026-07-11
    days on market $270,000 Active 68 DOM
21. 2026-07-10
    days on market $270,000 Active 67 DOM
22. 2026-07-09
    days on market $270,000 Active 66 DOM
23. 2026-07-07
    days on market $270,000 Active 64 DOM
24. 2026-07-06
    days on market $270,000 Active 63 DOM
25. 2026-07-06
    days on market $270,000 Active 62 DOM
26. 2026-07-05
    days on market $270,000 Active 61 DOM
27. 2026-07-03
    days on market $270,000 Active 60 DOM
28. 2026-07-02
    days on market $270,000 Active 59 DOM
29. 2026-07-01
    days on market $270,000 Active 58 DOM
30. 2026-06-30
    days on market $270,000 Active 57 DOM
31. 2026-06-29
    days on market $270,000 Active 56 DOM
32. 2026-06-28
    days on market $270,000 Active 55 DOM
33. 2026-06-27
    days on market $270,000 Active 54 DOM
34. 2026-06-26
    days on market $270,000 Active 53 DOM
35. 2026-06-24
    days on market $270,000 Active 51 DOM
36. 2026-06-22
    days on market $270,000 Active 49 DOM
37. 2026-06-21
    days on market $270,000 Active 48 DOM
38. 2026-06-18
    days on market $270,000 Active 45 DOM
39. 2026-06-17
    days on market $270,000 Active 44 DOM
40. 2026-06-16
    days on market $270,000 Active 43 DOM
41. 2026-06-15
    days on market $270,000 Active 42 DOM
42. 2026-06-13
    days on market $270,000 Active 40 DOM
43. 2026-06-13
    days on market $270,000 Active 39 DOM
44. 2026-06-09
    days on market $270,000 Active 36 DOM
45. 2026-06-08
    days on market $270,000 Active 35 DOM
46. 2026-06-07
    days on market $270,000 Active 34 DOM
47. 2026-06-04
    days on market $270,000 Active 31 DOM
48. 2026-06-03
    days on market $270,000 Active 30 DOM
49. 2026-06-02
    days on market $270,000 Active 29 DOM
50. 2026-06-01
    days on market $270,000 Active 28 DOM

ⓘ 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: $4,493 · $374/mo
• Projected year-2 tax: $4,493 · $374/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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 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: $30,679
• − Mortgage interest: −$15,124
• − Property taxes: −$4,493
• − Insurance: −$6,469
• − Repairs & maintenance: −$2,454
• − Management: −$2,454
• − HOA: −$120
• − Depreciation: −$7,855
• Taxable loss: −$8,289
• Est. tax savings @ 24.0%: +$1,989
• After-tax cash flow: $-1,846/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 · 13 photos

Good 75/100 Cosmetic rehab Est. rehab $7,830–$23,490 screening

This home is in good condition with a good condition score of 75. It has a cosmetic rehab level and requires minor maintenance and repairs. The highest-ROI updates would be painting the exterior, cleaning the windows, and replacing the countertops.

Value-add opportunities

• Resale Paint exterior — Enhances curb appeal and property value ↑
• Resale Clean windows — Improves natural light and property value ↑
• Both Landscaping — Enhances curb appeal and property value ↑
• Resale Replace countertops — Modernizes the kitchen and adds 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 39/100

Zoned Schools

Elementary Knights Elementary School D FL #1,152/2,144 Nat'l #14,081/41,679 Middle Marshall Middle Magnet School F FL #469/571 Nat'l #9,020/14,009 High Plant City High School F FL #312/667 Nat'l #8,724/17,239

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

B Composite livability gradescore 76/100

Livability — Plant City

• Score: 76/100
• State rank: #227
• US rank: #3587

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Plant City, FL
• County: Hillsborough County · 1,607,022 people
• City population: 68,525
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 18,108
• Household income: $73,414
• Rent vs Own: 9.1% rent · 90.9% 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: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 23% Two or more races 14% Black 2% Native American 1%
• Hispanic origin (detail): Mexican 16% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 2% Slovak 1% Iranian 1%
• Foreign-born: 10% · Canada, Jamaica
• Languages at home: 80% English-only · Spanish 19%

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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: ▼ -114.17%
• Current HPI: 347.2475
• Rent YoY: —
• 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

Property features AI

Finance

• Other: Homestead exemption recordedCDD present
• Financial info: Other annual assessment $1,999Monthly fees $10; annual fees $120Lease restrictions apply
• HOA & community: HOA managed by Inframark Infrastructure Management ServicesMonthly HOA fee $10Association fee required

Exterior

• Parking: Attached garage2-car garage
• Utilities: Canal/lake irrigation water sourcePublic sewerHigh‑speed internet available
• Home design: Single family residenceResidential propertyOne storyNorth facingCompleted conditionPD zoning
• Construction: Block, concrete and stucco constructionShingle roofSlab foundationBuilt by builder
• Exterior features: Concrete road surfaceIrrigation equipmentCommunity poolPets allowed: cats and dogs

Interior

• Kitchen: DishwasherDisposalMicrowaveRangeRefrigerator
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tileLaminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heatCentral air conditioning
• Interior features: Open floorplan
• Laundry & utility: Laundry inside

Price history

-27.0% since first listed

11 events — show timeline

• 2026-05-04 Listed $270,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-04 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-09-13 Price Changed $350,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-23 Price Changed $328,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-23 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-07-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-06-11 Price Changed $329,900 Stellar MLS as Distributed by MLS Grid
• 2025-05-14 Price Changed $339,900 Stellar MLS as Distributed by MLS Grid
• 2025-03-25 Price Changed $350,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-23 Price Changed $365,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-13 Listed $370,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+9.6%/yr

Latest (2025): $4,493 · +9.6% YoY. Source: county tax records.