9790 66th St N #54 · Pinellas Park, FL 33782

$99,000

3 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 13 Days on market

Built 1972 Est $177k · 44% under $373/mo HOA · 17% 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 +1.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Clearwater Cascade is one of Pinellas County's most well-regarded resident-owned 55+ communities, and this fully furnished three-bedroom, two-bath home is thoughtfully set-up and ready for you to just unpack and settle in. Inside, 1,344 square feet of open, single-level living flows easily between a combined living and dining area, a well-equipped kitchen with pantry, and a primary suite with walk-in closet and en suite bath. The third bedroom is currently configured as a home office, giving you flexibility from day one. The home comes fully furnished and fully appointed, with central air, ceiling fans throughout, and all appliances included, washer and dryer among them. The covered carport

Key facts

• Hot tub
• Covered carport
• Fully furnished home

Tags

• FULLY FURNISHED HOME
• WELL EQUIPPED KITCHEN
• HOME OFFICE
• COVERED CARPORT
• HEATED IN GROUND POOLS
• HOT TUB

Property features AI

Finance

• Other: Furnished; Directions: 66th St. to 98th Ave N. Entrance by sign (see park map in parking lot)
• Financial info: Total monthly fees: $373; Total annual fees: $4,476; Lease restrictions apply
• HOA & community: HOA required (monthly fee $373); Association approval required; Association includes cable TV, internet, pool, recreational facilities, maintenance of grounds, management, private road, common area taxes, escrow reserves, sewer, trash and water; Association name: Bobbi/Allison; Community features: Clubhouse, fitness center, pool, sidewalks, golf carts allowed, buyer approval required; Senior community; Pets allowed with limits (max weight 20 lbs)

Exterior

• Parking: Driveway; Carport (1 space)
• Utilities: Public water; Public sewer; Electricity connected; Cable connected; BB/HS Internet available; Water connected; Sewer connected
• Home design: Residential mobile home (double wide); One story; Faces west; Entry level: One
• Construction: Metal frame construction; Metal siding; Metal roof; Pillar/post/pier foundation; Built as double wide
• Exterior features: Enclosed patio; Front porch; Rain gutters; Sliding doors; Storage

Interior

• Kitchen: Dishwasher; Range; Range hood; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Living room/dining room combo; Open floorplan; Thermostat; Walk-in closet(s)
• Laundry & utility: Inside laundry in a laundry closet; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $99k.

Deal economics

• At list price, monthly cash flow is $760 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $99k).
• Cap rate 15.5% 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 falling (-5.3%/yr); 200 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 39% of the median local income ($66k/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 $684 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 $28k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $48k; list at $99k implies a 104% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $99,000

Questions for the listing agent

1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 2.20% ✓
• Cap rate: 15.50%
• Cash-on-cash: 32.90%
• DSCR: 2.46
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $177,408
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9790 66th St N #391	0.00mi	3/2.0	1,404 (+4%)	7mo	$213,805	$152	87
9790 66th St N #397	0.00mi	2/2.0 (-1)	1,192 (-11%)	1mo	$207,000	$174	76
9790 66th St N #235	0.00mi	3/1.5	1,254 (-7%)	14mo	$105,000	$84	76
9790 66th St N #89	0.00mi	3/2.0	1,512 (+12%)	11mo	$200,000	$132	70
9790 66th St N #468	0.00mi	2/2.0 (-1)	1,152 (-14%)	2mo	$93,000	$81	69

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: 24.0%
• Equity multiple: 1.94×
• Total profit: $26,179
• Equity at exit: $14,761

10-year hold

• IRR: 29.6%
• Equity multiple: 3.21×
• Total profit: $61,272
• Equity at exit: $8,560

Cash invested: $27,720 (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 33782

• Rents YoY: -5.3%
• Active inventory: 200
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $2,179 high
• Mortgage (P&I): −$519
• Tax from tax record: −$28 /mo · $335/yr
• Insurance: −$41
• HOA: −$373
• Vacancy / Maint / Mgmt: −$458
• Net cashflow: $760

Break-even live

Break-even rent $1,217

Max offer price $99,000

Occupancy floor 60%

Sensitivity live

Price	-10% $816	-5% $788	+0% $760	+5% $732	+10% $704
Rent	-10% $588	-5% $674	+0% $760	+5% $846	+10% $932
Rate	-1.0pp $810	-0.5pp $785	base $760	+0.5pp $734	+1.0pp $708

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6388 93rd Ter Pinellas Park, FL	2.0	2.0	1245	$2,095	$1.68	14d	1	0.76mi
7077 Versailles Unit 7077 Pinellas Park, FL	2.0	2.0	1350	$1,695	$1.26	4d	1	0.80mi
6960 Versailles Unit 6960 Pinellas Park, FL	2.0	2.0	1109	$1,695	$1.53	4d	1	0.82mi
8303 Bardmoor Blvd #105 Seminole, FL	2.0	1.0	880	$1,800	$2.05	25d	1	0.90mi
8303 Bardmoor Blvd Seminole, FL	2.0	1.0	880	$1,850	$2.10	12d	1	0.90mi
8096 Rose Ter Seminole, FL	3.0	2.0	980	$2,000	$2.04	18d	1	0.98mi
9563 Lynn Ln Seminole, FL	2.0	1.0	960	$1,495	$1.56	17d	1	0.99mi
9435 Lynn Ln Unit B Seminole, FL	2.0	1.0	960	$1,495	$1.56	25d	1	1.00mi
6980 82nd Ave N Pinellas Park, FL	4.0	2.5	1250	$2,500	$2.00	25d	1	1.01mi
6622 83rd Ave N Pinellas Park, FL	2.0	2.5	1730	$2,500	$1.45	2d	1	1.02mi
6132 100th Cir N Pinellas Park, FL	3.0	1.0	901	$1,995	$2.21	25d	1	1.03mi
6641 80th Ave N Pinellas Park, FL	2.0	2.5	1269	$2,400	$1.89	25d	1	1.18mi
8330 63rd Way N Pinellas Park, FL	4.0	2.0	1354	$2,475	$1.83	5d	1	1.18mi
8133 65th Way N Pinellas Park, FL	4.0	2.0	1520	$2,600	$1.71	5d	1	1.18mi
5865 92nd Ave N Pinellas Park, FL	3.0	2.0	1062	$2,400	$2.26	18d	1	1.39mi
604 Cordova Grn #604 Largo, FL	2.0	2.0	1455	$2,100	$1.44	25d	1	1.41mi
6740 121st Ave #6 Largo, FL	2.0	2.5	1118	$1,735	$1.55	25d	1	1.42mi
9992 86th St Seminole, FL	2.0	2.0	945	$1,900	$2.01	4d	1	1.45mi
8703 Bardmoor Blvd #201 Seminole, FL	2.0	2.0	1075	$3,000	$2.79	25d	1	1.46mi

HOA detail

• Monthly dues: $373 · $4,476/yr
• Likely covers: water

Listing history 9 events

1. 2026-06-18
   days on market $99,000 Active 13 DOM
2. 2026-06-17
   days on market $99,000 Active 12 DOM
3. 2026-06-16
   days on market $99,000 Active 11 DOM
4. 2026-06-15
   days on market $99,000 Active 10 DOM
5. 2026-06-13
   days on market $99,000 Active 8 DOM
6. 2026-06-09
   days on market $99,000 Active 4 DOM
7. 2026-06-08
   days on market $99,000 Active 3 DOM
8. 2026-06-07
   remarks 699-char remark
9. 2026-06-07
   listed $99,000 Active 2 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: $335 · $28/mo
• Projected year-2 tax: $822 · $68/mo
• Expected delta: +$487/yr (+$41/mo · 145.3%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 13% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 27 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: $26,147
• − Mortgage interest: −$5,546
• − Property taxes: −$335
• − Insurance: −$495
• − Repairs & maintenance: −$2,092
• − Management: −$2,092
• − HOA: −$4,476
• − Depreciation: −$2,880
• Taxable income: $8,232
• Est. tax owed @ 24.0%: −$1,976
• After-tax cash flow: $7,144/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): 22,461
• Household income: $66,461
• Rent vs Own: 25.6% rent · 74.4% own
• Severe rent burden: 486.0

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 (68%)
• Race & ethnicity: White 68% Hispanic / Latino 12% Asian 12% Two or more races 8% Black 5%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2% Cuban 2%
• Common ancestry: Lithuanian 3% Italian 3% Romanian 2%
• Foreign-born: 17% · Canada, Vietnam, China
• Languages at home: 78% English-only · Spanish 9% Vietnamese 7% 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: ▼ -250.17%
• Current HPI: 314.1689
• Rent YoY: ▼ -5.28%
• 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

+104.1% since first listed

2 events — show timeline

• 2026-06-05 Listed $99,000 Stellar MLS as Distributed by MLS Grid
• 1999-07-01 Sold (Public Records) $48,500 Public Records

Property tax history

-7.4%/yr

Latest (2025): $335 · +8.4% YoY. Source: county tax records.