833 Lantana Ave · Clearwater, FL 33767

$745,000

3 bd · 2.5 ba · 1,900 sqft · SingleFamily public records · 422 Days on market

Built 1952 6,438 sqft lot Est $768k · at est.

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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 +18.8/30.0
• ARV discount +8.8/15.0
• DSCR +5.9/10.0
• Appreciation +5.9/10.0
• 1% rule +4.4/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Excellent location. Walk a few blocks and enjoy the beautiful white sandy beaches of the Gulf of Mexico besides the outstanding sunsets! Home is updated besides a newer roof and spacious backyard with mature landscaping and fruit trees. Walk to shopping restaurants, the community area with pool and tennis courts. A wonderful second home or year round residence.

Key facts

• Spacious yard
• Hurricane windows
• Open concept kitchen

Tags

• OPEN CONCEPT KITCHEN
• TRAVERTINE TILE FLOORS
• HURRICANE WINDOWS
• SPACIOUS YARD
• HUGE PATIO
• NEW LANDSCAPING

Property features AI

Finance

• Other: Property is homesteaded; Lot about 0.15 acre (0 to less than 1/4 acre); Asphalt road access; Universal property ID assigned
• Financial info: Lease restrictions apply
• HOA & community: Street lights in the community

Exterior

• Parking: Has carport; 1 carport space
• Utilities: Public water; Public sewer; Electricity connected; Natural gas connected; Cable available; Phone available; Sewer connected; Water connected; Underground utilities; Sprinkler recycled
• Home design: Single-family residence; One story; Faces west; Residential property
• Construction: Frame construction; Shingle roof; Slab foundation; Built with energy-efficient double pane windows
• Exterior features: Gray water system; Outdoor shower; Private mailbox; Rain gutters; Sidewalk; Sliding doors; Irrigation equipment; Shed(s); Drip irrigation

Interior

• Kitchen: Range hood
• Bedrooms: 3 bedrooms
• Flooring: Travertine
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning; Tankless water heater
• Interior features: Ceiling fans; Crown molding; High ceilings; Open floor plan; Window treatments
• Laundry & utility: Dedicated laundry room; Other laundry area

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $745k.

Deal economics

• At list price, monthly cash flow is $320 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $699k (6.1% below list).
• Recommended offer: $656k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.5% vs local median 2.9% in Clearwater — 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 (#60 in FL, #988 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, employment C-.
• 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 rising (+2.8%/yr); 424 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).

Forward outlook

• In year one you build about $19k of equity ($5k loan paydown + $14k appreciation (1.9% local appreciation)).
• Pinellas County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (1.9% appreciation + 2.8% rent growth), your $209k cash investment doubles in ~8 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$49k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 422 days — a 12% lower offer ($656k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 20y ago; this cycle's ask has dropped $79k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $288k; list at $745k implies a 159% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 8→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $655,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 422 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
7. 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.
8. 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: 0.94% ✗
• Cap rate: 7.50%
• Cash-on-cash: 4.29%
• DSCR: 1.19
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $767,600
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
750 Lantana Ave	0.19mi	2/2.0 (-1)	1,848 (-3%)	11mo	$600,000	$325	71
55 Verbena St	0.04mi	3/2.5	2,059 (+8%)	17mo	$515,000	$250	70
921 Eldorado Ave	0.29mi	3/3.0	1,856 (-2%)	16mo	$750,000	$404	67
860 Narcissus Ave	0.11mi	3/2.5	1,714 (-10%)	19mo	$650,000	$379	63
43 Kipling Plz	0.16mi	2/3.0 (-1)	1,631 (-14%)	2mo	$521,678	$320	60
929 Lantana Ave	0.27mi	3/3.0	2,056 (+8%)	15mo	$625,000	$304	59
939 Mandalay Ave	0.30mi	3/2.0	1,755 (-8%)	15mo	$550,000	$313	58
1041 Eldorado Ave	0.58mi	3/3.0	1,873 (-1%)	16mo	$960,000	$513	56
715 Bay Esplanade	0.35mi	3/2.0	2,045 (+8%)	17mo	$1,100,000	$538	55
684 Harbor Is	0.61mi	4/2.0 (+1)	1,864 (-2%)	15mo	$1,234,000	$662	49
1019 Mandalay Ave	0.49mi	3/3.0	1,655 (-13%)	16mo	$712,500	$431	40
714 Harbor Is	0.56mi	4/3.0 (+1)	2,147 (+13%)	18mo	$1,000,000	$466	30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.88% appreciation · 2.76% rent growth · sell at horizon

5-year hold

• IRR: 5.9%
• Equity multiple: 1.31×
• Total profit: $65,453
• Equity at exit: $289,118

10-year hold

• IRR: 9.3%
• Equity multiple: 2.24×
• Total profit: $258,598
• Equity at exit: $412,732

Cash invested: $208,600 (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 →

ZIP-level market 33767

• Home prices YoY: 0.6%
• Rents YoY: 2.8%
• Active inventory: 424
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $6,992 high
• Mortgage (P&I): −$3,907
• Tax from tax record: −$560 /mo · $6,720/yr
• Insurance: −$310
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,468
• Net cashflow: $320

Break-even live

Break-even rent $6,587

Max offer price $745,000

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: $186,250
• Closing costs: $22,350
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
819 Bay Esplanade Clearwater Beach, FL	3.0	3.0	2068	$10,000	$4.84	24d	1	0.09mi
867 Mandalay Ave Clearwater Beach, FL	3.0	2.0	1988	$7,500	$3.77	24d	1	0.14mi
929 Lantana Ave Clearwater Beach, FL	3.0	3.0	2056	$6,000	$2.92	4d	1	0.27mi
807 Snug Is Clearwater, FL	3.0	3.0	2446	$14,500	$5.93	4d	1	0.41mi
690 Island Way Clearwater, FL	1.0–2.0	1.5–2.5	1150	$3,500	$3.04	2d	3	0.45mi
15 Somerset St #603 Clearwater, FL	3.0	3.0	2545	$7,999	$3.14	7d	1	0.45mi
670 Island Way #1006 Clearwater Beach, FL	3.0	2.5	1854	$4,400	$2.37	24d	1	0.49mi
650 Island Way Clearwater, FL	2.0	2.0	1355	$3,050	$2.25	17d	2	0.60mi
650 Island Way Clearwater, FL	2.0	2.0	1355	$3,150	$2.32	13d	1	0.60mi
15 Avalon St Clearwater, FL	3.0	3.5	2640	$12,000	$4.54	17d	3	0.64mi
15 Avalon St Clearwater, FL	3.0	3.5	2394	$13,500	$5.64	13d	2	0.64mi
644 Island Way #304 Clearwater Beach, FL	2.0	2.0	1335	$2,700	$2.02	24d	1	0.66mi
610 Island Way #608 Clearwater Beach, FL	2.0	2.0	1270	$2,900	$2.28	23d	1	0.71mi
615 Harbor Is Clearwater Beach, FL	4.0	3.0	2602	$8,000	$3.07	24d	1	0.79mi
521 Mandalay Ave #410 Clearwater Beach, FL	3.0	3.0	2087	$10,000	$4.79	24d	1	0.81mi
521 Mandalay Ave #1109 Clearwater Beach, FL	3.0	3.0	2087	$8,500	$4.07	24d	1	0.81mi
501 Mandalay Ave #309 Clearwater Beach, FL	3.0	3.0	2087	$9,000	$4.31	24d	1	0.86mi
505 Mandalay Ave #62 Clearwater Beach, FL	2.0	2.5	1619	$5,000	$3.09	21d	1	0.86mi
11 Baymont St Clearwater, FL	2.0	2.0	1680	$11,250	$6.70	24d	2	0.92mi
11 San Marco St #1206 Clearwater Beach, FL	2.0	2.0	1460	$7,000	$4.79	24d	1	0.99mi
10 Papaya St #1204 Clearwater Beach, FL	2.0	2.0	1675	$6,500	$3.88	24d	1	1.04mi
415 Island Way Clearwater, FL	2.0–3.0	2.0	1765	$7,500	$4.25	1d	4	1.04mi
415 Island Way Clearwater, FL	2.0–3.0	2.0	1721	$7,500	$4.36	17d	5	1.04mi
400 Island Way Clearwater, FL	2.0	2.0	1315	$2,975	$2.26	24d	5	1.07mi
400 Island Way Clearwater, FL	2.0	2.0	1315	$3,075	$2.34	3d	5	1.07mi
255 Dolphin Pt Clearwater, FL	1.0–2.0	1.0–2.0	1055	$2,950	$2.80	17d	4	1.11mi
240 Windward Passage #401 Clearwater Beach, FL	3.0	2.5	1886	$6,500	$3.45	14d	1	1.19mi
240 Windward Passage #401 Clearwater Beach, FL	3.0	2.5	1886	$6,500	$3.45	13d	1	1.19mi
223 Island Way Unit 7F Clearwater Beach, FL	3.0	3.0	1960	$4,999	$2.55	14d	1	1.21mi
125 Island Way #502 Clearwater Beach, FL	3.0	2.0	1850	$4,900	$2.65	24d	1	1.25mi
110 Devon Dr Clearwater Beach, FL	3.0	2.0	1377	$6,500	$4.72	24d	1	1.41mi

Listing history 29 events

1. 2026-06-18
   days on market $745,000 Active 422 DOM
2. 2026-06-17
   days on market $745,000 Active 421 DOM
3. 2026-06-16
   days on market $745,000 Active 420 DOM
4. 2026-06-15
   days on market $745,000 Active 419 DOM
5. 2026-06-13
   days on market $745,000 Active 417 DOM
6. 2026-06-09
   days on market $745,000 Active 413 DOM
7. 2026-06-08
   days on market $745,000 Active 412 DOM
8. 2026-06-07
   days on market $745,000 Active 411 DOM
9. 2026-06-04
   days on market $745,000 Active 408 DOM
10. 2026-06-03
    days on market $745,000 Active 407 DOM
11. 2026-06-01
    days on market $745,000 Active 405 DOM
12. 2026-05-31
    days on market $745,000 Active 404 DOM
13. 2026-04-08
    price $745,000
14. 2026-01-17
    price $795,000
15. 2025-04-22
    listed $824,000 Active
16. 2021-04-30
    historical 364-char remark

    Show marketing remark (364 chars)

    Excellent location. Walk a few blocks and enjoy the beautiful white sandy beaches of the Gulf of Mexico besides the outstanding sunsets! Home is updated besides a newer roof and spacious backyard with mature landscaping and fruit trees. Walk to shopping restaurants, the community area with pool and tennis courts. A wonderful second home or year round residence.

17. 2013-06-06
    soldstatus $288,000
18. 2013-05-31
    soldstatus $288,000 345-char remark

    Show marketing remark (345 chars)

    PRICE JUST REDUCED! WOW! LOOK AT THIS LOCATION FOR THIS PRICE! WALK TO THE BEACH! This 3 bedroom, 2 and a half bath home has a HUGE yard and is a short walk to the beach in a prime location. There arent many homes in the area available, so take a look atthis one before it is gone! Could be a great income property, second home, or primary home!

19. 2013-01-21
    listed $299,000 345-char remark

    Show marketing remark (345 chars)

    PRICE JUST REDUCED! WOW! LOOK AT THIS LOCATION FOR THIS PRICE! WALK TO THE BEACH! This 3 bedroom, 2 and a half bath home has a HUGE yard and is a short walk to the beach in a prime location. There arent many homes in the area available, so take a look atthis one before it is gone! Could be a great income property, second home, or primary home!

20. 2012-09-14
    listed $300,000
21. 2010-08-30
    listed $350,000 364-char remark

    Show marketing remark (364 chars)

    Excellent location. Walk a few blocks and enjoy the beautiful white sandy beaches of the Gulf of Mexico besides the outstanding sunsets! Home is updated besides a newer roof and spacious backyard with mature landscaping and fruit trees. Walk to shopping restaurants, the community area with pool and tennis courts. A wonderful second home or year round residence.

22. 2009-12-02
    listed $375,000
23. 2008-01-22
    listed $549,900
24. 2007-10-07
    listed $549,000
25. 2006-10-14
    listed $649,000
26. 2006-04-21
    listed $650,000
27. 1997-07-25
    soldstatus $110,000
28. 1990-05-17
    soldstatus $102,500
29. 1983-12-01
    soldstatus $68,300

ⓘ 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: $6,720 · $560/mo
• Projected year-2 tax: $6,720 · $560/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 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 8 d/yr ≥110°F today · 29 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: $83,903
• − Mortgage interest: −$41,732
• − Property taxes: −$6,720
• − Insurance: −$8,844
• − Repairs & maintenance: −$6,712
• − Management: −$6,712
• − Depreciation: −$21,673
• Taxable loss: −$8,490
• Est. tax savings @ 24.0%: +$2,038
• After-tax cash flow: $5,875/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 — Clearwater

• Score: 82/100
• State rank: #60
• US rank: #988

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Clearwater, FL
• County: Pinellas County · 939,478 people
• City population: 170,933
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 8,081
• Household income: $117,425
• Rent vs Own: 15.2% rent · 84.8% own
• Severe rent burden: 295.0

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 (92%)
• Race & ethnicity: White 92% Hispanic / Latino 4% Two or more races 4% Asian 2%
• Common ancestry: Romanian 6% Italian 3% Slovak 2%
• Foreign-born: 14% · Canada, China
• Languages at home: 88% English-only · Other Indo-European 4% Spanish 2% Arabic 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: ▲ 1.88%
• Current HPI: 297.7165
• Rent YoY: ▲ 2.76%
• 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

+990.8% since first listed

17 events — show timeline

• 2026-04-08 Price Changed $745,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-17 Price Changed $795,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-22 Listed $824,000 Stellar MLS as Distributed by MLS Grid
• 2021-04-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-06-06 Sold (Public Records) $288,000 Public Records
• 2013-05-31 Sold (MLS) $288,000 Stellar MLS as Distributed by MLS Grid
• 2013-01-21 Listed $299,000 Stellar MLS as Distributed by MLS Grid
• 2012-09-14 Listed $300,000 Stellar MLS as Distributed by MLS Grid
• 2010-08-30 Listed $350,000 Stellar MLS as Distributed by MLS Grid
• 2009-12-02 Listed $375,000 Stellar MLS as Distributed by MLS Grid
• 2008-01-22 Listed $549,900 Stellar MLS as Distributed by MLS Grid
• 2007-10-07 Listed $549,000 Stellar MLS as Distributed by MLS Grid
• 2006-10-14 Listed $649,000 Stellar MLS as Distributed by MLS Grid
• 2006-04-21 Listed $650,000 Stellar MLS as Distributed by MLS Grid
• 1997-07-25 Sold (Public Records) $110,000 Public Records
• 1990-05-17 Sold (Public Records) $102,500 Public Records
• 1983-12-01 Sold (Public Records) $68,300 Public Records

Property tax history

+2.6%/yr

Latest (2025): $6,720 · -16.7% YoY. Source: county tax records.