16838 Delia St · Wimauma, FL 33598

$274,900

3 bd · 2.0 ba · 1,516 sqft · SingleFamily public records · 63 Days on market

Built 2022 Good condition 5,726 sqft lot $12/mo HOA

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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 +8.5/30.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Condition / age +4.0/5.0
• 1% rule +3.8/10.0
• Appreciation +3.8/10.0
• Livability +3.2/5.0
• DSCR +2.3/10.0
• Rent growth +1.9/5.0

Listing remarks MLS

Welcome to Creek Preserve in the Southshore area - a smart and affordable way to step into homeownership without paying brand new construction premiums. Built in 2022, this single-story concrete block home offers the peace of mind of newer construction while giving you better value from day one. With 3 bedrooms, 2 bathrooms, and a 2-car garage across 1,516 square feet, it’s designed for comfortable everyday living. The open concept split floor plan creates a welcoming space with a spacious living room that flows easily into the kitchen and family room, making it perfect for relaxing or having friends and family over. The kitchen features plenty of cabinet and counter space, a closet pantry, and counter seating for casual meals. The privately located primary suite includes a walk-in closet, dual sinks, and a walk-in shower, while the secondary bedrooms are set on the opposite side for added privacy. Enjoy peaceful backyard views and a quiet setting, all while being centrally located with easy access to I-75, shopping, dining, and everyday essentials—making your commute simple and your lifestyle convenient. If you’ve been looking for a move-in ready home that feels almost new but comes without the added cost of builder upgrades and fees, this is a great opportunity to make homeownership a reality. It’s good to be home.

Key facts

• Dual sinks
• Walk-in closet
• Newer construction

Tags

• NEWER CONSTRUCTION
• OPEN CONCEPT SPLIT FLOOR PLAN
• WALK-IN CLOSET
• DUAL SINKS
• WALK-IN SHOWER
• PEACEFUL BACKYARD VIEWS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $275k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-241 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $232k (15.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $241k (12.3% below list).
• Recommended offer: $232k (15.5% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 64/100 on livability (#699 in FL) — a middle-class / working-renter tenant base. Strengths: commute A, cost of living A-, crime B; Watch: schools F, amenities F, employment 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.
• Market conditions: Rents soft (-2.5%/yr); 674 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 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 (-2.4%/yr); year-one equity from $2k of loan paydown is wiped out by about $6k 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 63 days — a 6% lower offer ($258k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $30k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.5% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $232,330 (15.5% 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 63 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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 F-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. 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?
9. 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.
10. 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.
11. 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: 0.88% ✗
• Cap rate: 5.24%
• Cash-on-cash: -3.76%
• DSCR: 0.83
• GRM: 9.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-2.35% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -21.3%
• Equity multiple: 0.23×
• Total profit: $-59,179
• Equity at exit: $49,062

10-year hold

• IRR: -21.8%
• Equity multiple: -0.18×
• Total profit: $-91,178
• Equity at exit: $37,872

Cash invested: $76,972 (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 33598

• Home prices YoY: -0.9%
• Rents YoY: -2.5%
• Active inventory: 674
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $2,410 high
• Mortgage (P&I): −$1,442
• Tax from tax record: −$576 /mo · $6,917/yr
• Insurance: −$115
• HOA: −$12
• Vacancy / Maint / Mgmt: −$506
• Net cashflow: $-241

Break-even live

Break-even rent $2,715

Max offer price $232,330

Occupancy floor —

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: $68,725
• Closing costs: $8,247
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16736 Kingman Reef St Wimauma, FL	3.0	2.0	1828	$1,975	$1.08	24d	1	0.09mi
16706 Sunburst Lake St Wimauma, FL	4.0	2.0	1846	$2,600	$1.41	5d	1	0.15mi
16709 Parker River St Wimauma, FL	3.0	2.0	1676	$2,050	$1.22	5d	1	0.28mi
16662 Delia St Wimauma, FL	3.0	2.0	1540	$2,350	$1.53	24d	1	0.32mi
5444 Flint Hills Dr Wimauma, FL	4.0	2.0	2000	$2,550	$1.27	5d	1	0.44mi
16461 Little Garden Dr Wimauma, FL	3.0	2.0	1676	$2,250	$1.34	21d	1	0.82mi
16616 Windmill Forge Pass Wimauma, FL	4.0	2.0	1846	$2,350	$1.27	24d	1	0.94mi
5029 Sable Chime Dr Wimauma, FL	3.0	2.0	1451	$2,420	$1.67	14d	1	1.16mi
5025 Brickwood Rise Dr Wimauma, FL	4.0	2.5	1925	$2,500	$1.30	24d	1	1.20mi
16634 Mooner Plank Cir Wimauma, FL	4.0	2.5	2035	$2,550	$1.25	24d	1	1.36mi
4902 Cosmos Cir Wimauma, FL	3.0	1.0–3.5	1231	$2,861	$2.32	2d	39	1.50mi

HOA detail

• Monthly dues: $12 · $144/yr

Listing history 28 events

1. 2026-06-18
   days on market $274,900 Active 63 DOM
2. 2026-06-17
   days on market $274,900 Active 62 DOM
3. 2026-06-16
   days on market $274,900 Active 61 DOM
4. 2026-06-15
   days on market $274,900 Active 60 DOM
5. 2026-06-13
   days on market $274,900 Active 58 DOM
6. 2026-06-13
   pricedays on market $274,900 Active 57 DOM
7. 2026-06-09
   days on market $284,900 Active 54 DOM
8. 2026-06-08
   days on market $284,900 Active 53 DOM
9. 2026-06-07
   days on market $284,900 Active 52 DOM
10. 2026-06-04
    days on market $284,900 Active 49 DOM
11. 2026-06-03
    days on market $284,900 Active 48 DOM
12. 2026-06-02
    days on market $284,900 Active 47 DOM
13. 2026-06-01
    days on market $284,900 Active 46 DOM
14. 2026-05-31
    days on market $284,900 Active 45 DOM
15. 2026-05-15
    price $284,900 1362-char remark

    Show marketing remark (1362 chars)

    Welcome to Creek Preserve in the Southshore area - a smart and affordable way to step into homeownership without paying brand new construction premiums. Built in 2022, this single-story concrete block home offers the peace of mind of newer construction while giving you better value from day one. With 3 bedrooms, 2 bathrooms, and a 2-car garage across 1,516 square feet, it’s designed for comfortable everyday living. The open concept split floor plan creates a welcoming space with a spacious living room that flows easily into the kitchen and family room, making it perfect for relaxing or having friends and family over. The kitchen features plenty of cabinet and counter space, a closet pantry, and counter seating for casual meals. The privately located primary suite includes a walk-in closet, dual sinks, and a walk-in shower, while the secondary bedrooms are set on the opposite side for added privacy. Enjoy peaceful backyard views and a quiet setting, all while being centrally located with easy access to I-75, shopping, dining, and everyday essentials—making your commute simple and your lifestyle convenient. If you’ve been looking for a move-in ready home that feels almost new but comes without the added cost of builder upgrades and fees, this is a great opportunity to make homeownership a reality. It’s good to be home.

16. 2026-04-16
    listed $304,900 Active 1362-char remark

    Show marketing remark (1362 chars)

    Welcome to Creek Preserve in the Southshore area - a smart and affordable way to step into homeownership without paying brand new construction premiums. Built in 2022, this single-story concrete block home offers the peace of mind of newer construction while giving you better value from day one. With 3 bedrooms, 2 bathrooms, and a 2-car garage across 1,516 square feet, it’s designed for comfortable everyday living. The open concept split floor plan creates a welcoming space with a spacious living room that flows easily into the kitchen and family room, making it perfect for relaxing or having friends and family over. The kitchen features plenty of cabinet and counter space, a closet pantry, and counter seating for casual meals. The privately located primary suite includes a walk-in closet, dual sinks, and a walk-in shower, while the secondary bedrooms are set on the opposite side for added privacy. Enjoy peaceful backyard views and a quiet setting, all while being centrally located with easy access to I-75, shopping, dining, and everyday essentials—making your commute simple and your lifestyle convenient. If you’ve been looking for a move-in ready home that feels almost new but comes without the added cost of builder upgrades and fees, this is a great opportunity to make homeownership a reality. It’s good to be home.

17. 2026-01-16
    historical
18. 2025-10-26
    price $260,000
19. 2025-10-26
    status Active
20. 2025-08-16
    status Pending
21. 2025-03-24
    price $280,000
22. 2025-02-15
    price $274,000
23. 2025-01-17
    price $289,000
24. 2025-01-10
    price $299,000
25. 2024-12-18
    price $315,000
26. 2024-12-02
    price $335,000
27. 2024-11-25
    listed $369,000 Active
28. 2022-01-13
    soldstatus $765,000

ⓘ 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: $6,917 · $576/mo
• Projected year-2 tax: $6,917 · $576/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°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 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,915
• − Mortgage interest: −$15,399
• − Property taxes: −$6,917
• − Insurance: −$1,374
• − Repairs & maintenance: −$2,313
• − Management: −$2,313
• − HOA: −$144
• − Depreciation: −$7,997
• Taxable loss: −$7,542
• Est. tax savings @ 24.0%: +$1,810
• After-tax cash flow: $-1,082/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 · 12 photos

Good 80/100 Cosmetic rehab

This single-story home in Creek Preserve is in good condition with a modern kitchen and bathrooms. It's a smart and affordable option for homeownership with a good ROI.

Value-add opportunities

• Resale Paint exterior trim — Enhances curb appeal and can increase property value.
• Rental Clean gutters — Keeps the property in good condition and reduces maintenance costs for tenants.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior trim — Enhances curb appeal and can increase property value. ↑
• Rental Clean gutters — Keeps the property in good condition and reduces maintenance costs for tenants. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Wimauma

• Score: 64/100
• State rank: #699
• US rank: #14659

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wimauma, FL
• County: Hillsborough County · 1,540,968 people
• City population: 32,820
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 32,820
• Household income: $97,520
• Rent vs Own: 12.8% rent · 87.2% own
• Severe rent burden: 149.0

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: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 40% Hispanic / Latino 39% Black 14% Two or more races 11% Asian 2%
• Hispanic origin (detail): Mexican 26% Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 2% Scotch-Irish 2% Lithuanian 1%
• Foreign-born: 23% · Canada, Jamaica, Guatemala
• Languages at home: 62% English-only · Spanish 35% Other Indo-European 1% Arabic 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: ▼ -2.35%
• Current HPI: 271.8552
• Rent YoY: ▼ -2.50%
• 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

-62.8% since first listed

14 events — show timeline

• 2026-05-15 Price Changed $284,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-16 Listed $304,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-10-26 Price Changed $260,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-26 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-08-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-03-24 Price Changed $280,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-15 Price Changed $274,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-17 Price Changed $289,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-10 Price Changed $299,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-18 Price Changed $315,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-02 Price Changed $335,000 Stellar MLS as Distributed by MLS Grid
• 2024-11-25 Listed $369,000 Stellar MLS as Distributed by MLS Grid
• 2022-01-13 Sold (Public Records) $765,000 Public Records

Property tax history

+26.8%/yr

Latest (2025): $6,917 · +3.3% YoY. Source: county tax records.