34444 Hibiscus Dr N · Pinellas Park, FL 33781

$89,900

2 bd · 2.0 ba · 1,008 sqft · Manufactured public records · 86 Days on market

Built 1975 Est $112k · 20% under $210/mo HOA · 10% of rent

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Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks

VOTED ONE OF THE TOP 5 RETIREMENT COMMUNITIES IN 2025!! Move-in ready double-wide mobile home offering 2 bedrooms and 2 full baths, ready for you to update to your taste. Home comes fully furnished; turn-key, only personal items will be removed. New roof in 2025! HVAC 2017 The large primary suite includes a walk-in closet, added storage in the en-suite bath, and double sinks. Generously sized bedrooms with excellent storage. Extended driveway fits three vehicles. Sunset Palms is 1 of Pinellas County‘s best kept secret in my opinion, very inexpensive living at only $210 per month which includes all the amenities one could want; WATER/SEWER/TRASH, owned clubhouse, escrows are fully fu

Key facts

• Double sinks
• Added storage
• Walk in closet

Tags

• MOVE IN READY
• FULLY FURNISHED
• NEW ROOF
• WALK IN CLOSET
• ADDED STORAGE
• DOUBLE SINKS

Property features AI

Finance

• Other: Turnkey furnished; Directions: Gandy Blvd just east of US19 — park on north side of Gandy; drive to 2nd street on left, house is on the corner just before the clubhouse
• Financial info: Lease restrictions apply
• HOA & community: Monthly association fee of $210 (includes common area taxes, pool, escrow reserves, grounds maintenance, management, private road, recreational facilities, sewer, trash, water); Association amenities: clubhouse, fitness center, laundry, pool, recreation facilities, shuffleboard court, spa/hot tub, lobby key required; Association approval required; association name: Debra; Senior community; pets not allowed; Buyer approval required; deed restrictions; golf carts allowed; sidewalks

Exterior

• Parking: Driveway; Carport with 3 spaces
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Water and sewer connected
• Home design: Residential double-wide mobile home; One story; Faces south; Entry level: One
• Construction: Metal frame construction; Roof over; Built on crawlspace with pillar/post/pier foundation; Building area includes additional covered/total area
• Exterior features: Front porch; Exterior lighting; Rain gutters; Sidewalk; Paved lot; Asphalt/paved road; private maintained road

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Laminate; Crawlspace and pillar/post/pier foundation (interior access noted)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Window treatments (drapes)
• Laundry & utility: Washer; Dryer; Electric dryer hookup in garage

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $90k.

Deal economics

• At list price, monthly cash flow is $876 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $90k).
• Recommended offer: $85k (6.0% below list) — sets the bar for market timing.
• Cap rate 18.0% vs local median 4.0% in Pinellas Park — 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 78/100 on livability (#170 in FL, #2,546 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools 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.
• Market conditions: Rents soft (-3.0%/yr); 226 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 43% of the median local income ($58k/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 $622 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $25k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 86 days — a 6% lower offer ($85k) is reasonable based on typical stale-listing flexibility.
• 2 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.
• Current owner paid $36k; list at $90k implies a 146% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $84,506 (6.0% below list)

Questions for the listing agent

1. It's been on market 86 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
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 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: 2.28% ✓
• Cap rate: 17.98%
• Cash-on-cash: 41.74%
• DSCR: 2.86
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $111,888
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
34541 Violet Dr N	0.21mi	2/2.0	1,008 (0%)	1mo	$110,000	$109	90
34479 Cactus Dr N	0.16mi	2/2.0	1,056 (+5%)	2mo	$118,500	$112	83
34175 Canal Dr	0.20mi	2/2.0	954 (-5%)	2mo	$117,500	$123	80
82177 E St N #177	0.46mi	2/2.0	1,008 (0%)	9mo	$30,000	$30	71
34098 Cherry Dr N	0.19mi	2/2.0	1,128 (+12%)	2mo	$125,000	$111	70
34076 Avocado Dr N	0.19mi	2/1.5	872 (-14%)	5mo	$88,000	$101	62
82226 F St N #226	0.48mi	2/2.0	1,056 (+5%)	10mo	$175,000	$166	61
34041 Azalea Dr N	0.20mi	2/2.0	882 (-12%)	11mo	$80,000	$91	60
34657 Orange Dr N	0.35mi	2/2.0	1,152 (+14%)	4mo	$128,000	$111	56
82015 A St N #15	0.56mi	2/2.0	915 (-9%)	6mo	$108,000	$118	53
82425 New Circle Dr N	0.62mi	2/2.0	1,144 (+14%)	6mo	$130,500	$114	44
82402 New Circle Dr N #402	0.59mi	2/2.0	1,144 (+14%)	9mo	$120,000	$105	42

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: 34.7%
• Equity multiple: 2.40×
• Total profit: $35,294
• Equity at exit: $13,404

10-year hold

• IRR: 39.8%
• Equity multiple: 4.17×
• Total profit: $79,740
• Equity at exit: $7,773

Cash invested: $25,172 (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 33781

• Rents YoY: -3.0%
• Active inventory: 226
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $2,052 high
• Mortgage (P&I): −$471
• Tax from tax record: −$27 /mo · $319/yr
• Insurance: −$37
• HOA: −$210
• Vacancy / Maint / Mgmt: −$431
• Net cashflow: $876

Break-even live

Break-even rent $944

Max offer price $89,900

Occupancy floor 52%

Sensitivity live

Price	-10% $927	-5% $901	+0% $876	+5% $850	+10% $825
Rent	-10% $714	-5% $795	+0% $876	+5% $957	+10% $1,038
Rate	-1.0pp $921	-0.5pp $898	base $876	+0.5pp $852	+1.0pp $829

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4071 76th Ave N Pinellas Park, FL	2.0	1.0	700	$1,724	$2.46	4d	3	0.51mi
3110 Grand Ave Pinellas Park, FL	1.0–3.0	1.0–2.0	1104	$2,467	$2.23	2d	34	0.52mi
4057 71st Ter N Pinellas Park, FL	3.0	2.5	1420	$2,650	$1.87	5d	1	0.63mi
3715 66th Ave N Unit B Pinellas Park, FL	2.0	1.0	750	$1,475	$1.97	22d	1	0.76mi
4355 84th Ave N Pinellas Park, FL	1.0	1.0	700	$1,550	$2.21	3d	10	0.86mi
4520 76th Ave N Pinellas Park, FL	2.0	1.0	700	$1,545	$2.21	25d	1	0.86mi
2790 Grand Ave Saint Petersburg, FL	1.0–3.0	1.0–2.0	1017	$2,782	$2.73	2d	16	0.88mi
8851 US Highway 19 N Pinellas Park, FL	1.0–3.0	1.0–2.0	993	$2,295	$2.31	2d	23	0.89mi
6379 29th St N Saint Petersburg, FL	3.0	2.0	1323	$2,869	$2.17	25d	1	1.04mi
4675 72nd Ave N Pinellas Park, FL	2.0	1.0	750	$1,649	$2.20	22d	1	1.07mi
4771 78th Ave N Pinellas Park, FL	2.0	2.0	903	$1,640	$1.82	24d	1	1.09mi
4631 69th Pl N Pinellas Park, FL	3.0	2.5	1420	$2,595	$1.83	25d	1	1.09mi
2715 63rd Ter N Unit B St. Petersburg, FL	2.0	2.0	1030	$1,900	$1.84	25d	1	1.12mi
7050 48th St N Pinellas Park, FL	3.0	1.5	1008	$2,350	$2.33	25d	1	1.20mi
6898 47th Ln N Pinellas Park, FL	3.0	2.5	1500	$2,525	$1.68	25d	1	1.21mi
4701 88th Ave N Pinellas Park, FL	1.0–2.0	1.0–2.0	855	$1,853	$2.17	11d	20	1.21mi
2734 62nd Ave N Apt 3 St. Petersburg, FL	2.0	1.5	833	$1,895	$2.27	25d	1	1.22mi
4732 68th Ave N Pinellas Park, FL	2.0	3.0	1210	$2,000	$1.65	25d	1	1.24mi
3114 58th Ave N Saint Petersburg, FL	2.0	1.0	800	$1,950	$2.44	4d	1	1.30mi
8400 49th St N Pinellas Park, FL	1.0–2.0	1.0–2.0	707	$1,749	$2.47	2d	22	1.30mi
4091 58th Ave N Unit F St. Petersburg, FL	2.0	1.0	900	$1,595	$1.77	3d	1	1.32mi
2275 62nd Ave N #203 St Petersburg, FL	2.0	2.0	940	$1,975	$2.10	25d	1	1.32mi
4940 87th Ave Unit C Pinellas Park, FL	2.0	1.0	700	$2,600	$3.71	25d	1	1.34mi
5060 76th Ave N #409 Pinellas Park, FL	1.0	1.0	750	$1,295	$1.73	22d	1	1.35mi
7800 52nd St N Pinellas Park, FL	3.0	1.0	1163	$1,850	$1.59	25d	1	1.43mi
3132 56th Ave N Saint Petersburg, FL	3.0	2.0	1063	$2,850	$2.68	25d	1	1.43mi

HOA detail

• Monthly dues: $210 · $2,520/yr
• Likely covers: watersewertrash

Listing history 8 events

1. 2026-06-18
   days on market $89,900 Active 86 DOM
2. 2026-06-17
   days on market $89,900 Active 85 DOM
3. 2026-06-16
   days on market $89,900 Active 84 DOM
4. 2026-06-15
   days on market $89,900 Active 83 DOM
5. 2026-06-13
   days on market $89,900 Active 81 DOM
6. 2026-06-09
   days on market $89,900 Active 77 DOM
7. 2026-06-08
   remarks 693-char remark
8. 2026-06-08
   listed $89,900 Active 76 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: $319 · $27/mo
• Projected year-2 tax: $746 · $62/mo
• Expected delta: +$427/yr (+$36/mo · 133.8%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 51% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 6 d/yr ≥106°F today · 21 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,624
• − Mortgage interest: −$5,036
• − Property taxes: −$319
• − Insurance: −$450
• − Repairs & maintenance: −$1,970
• − Management: −$1,970
• − HOA: −$2,520
• − Depreciation: −$2,615
• Taxable income: $9,745
• Est. tax owed @ 24.0%: −$2,339
• After-tax cash flow: $8,169/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 — Pinellas Park

• Score: 78/100
• State rank: #170
• US rank: #2546

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pinellas Park, FL
• County: Pinellas County · 939,478 people
• City population: 50,533
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 28,072
• Household income: $57,785
• Rent vs Own: 35.6% rent · 64.4% own
• Severe rent burden: 1115.0

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 0.60)
• Race & ethnicity: White 59% Hispanic / Latino 16% Asian 14% Two or more races 11% Black 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 5%
• Common ancestry: Romanian 3% Lithuanian 3% Slovak 2%
• Foreign-born: 18% · Canada, Vietnam, Jamaica
• Languages at home: 72% English-only · Spanish 12% Vietnamese 7% Other Asian/Pacific 3%

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: ▼ -409.77%
• Current HPI: 348.546
• Rent YoY: ▼ -2.95%
• 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

+146.3% since first listed

3 events — show timeline

• 2026-06-08 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-02-13 Listed $89,900 Stellar MLS as Distributed by MLS Grid
• 2004-12-01 Sold (Public Records) $36,500 Public Records

Property tax history

-8.0%/yr

Latest (2025): $319 · +9.1% YoY. Source: county tax records.