14255 Rosemary Ln #8216 · Largo, FL 33774

$175,000

2 bd · 1.5 ba · 875 sqft · Condo public records · 53 Days on market

Built 1979 $462/mo HOA · 20% of rent

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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 +24.3/30.0
• 1% rule +8.4/10.0
• DSCR +7.9/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This is submitted for statistical purposes only.

Key facts

• Water views
• Plantation shutters
• Walk in closet

Tags

• BREAKFAST BAR
• WATER VIEWS
• SCREENED IN LANAI
• LVP FLOORING THROUGHOUT
• WALK IN CLOSET
• PLANTATION SHUTTERS

Property features AI

Finance

• Other: Unit is furnished
• Financial info: Total annual fees $5,544; Lease restrictions apply
• HOA & community: Monthly condo fee of $462; HOA includes common area taxes, pool, structure maintenance, grounds maintenance, recreational facilities; Association amenities: Elevator(s), Pool, Clubhouse, Sidewalks; Association approval required; Buyer approval required; Senior community; Pets not allowed

Exterior

• Parking: Paved road access
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Cable available; Phone available
• Home design: Condominium; One story (single-level unit); Faces east
• Construction: Block and stucco construction; Built-up roof; Slab foundation; Built in 1 story structure
• Exterior features: Enclosed patio; Patio; Screened porch; Exterior lighting; Private mailbox; Sidewalk; Sliding doors; Pond view

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Solid surface counters
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Electric heating; Central air
• Interior features: Ceiling fans; Living room / dining room combo; Open floorplan; Solid surface counters; Thermostat; Walk-in closet(s); Elevator in building
• Laundry & utility: Washer hookup inside; Dryer hookup (electric)

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $175k.

Deal economics

• At list price, monthly cash flow is $354 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $170k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.7% vs local median 4.2% in Largo — 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 (#82 in FL, #1,240 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment 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.
• Zoned schools: Anona Elementary School (math 80% / reading 67%, grade A, #260 of 2,144 statewide, top 13%, 473 students, 45% FRL); Largo High School (math 30% / reading 50%, grade F, #296 of 667 statewide, top 45%, 2,055 students, 53% FRL) — zoned schools at 49% FRL track the district average.
• Market conditions: Rents rising (+2.0%/yr); 209 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 36% of the median local income ($79k/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 $1k of loan paydown is wiped out by about $5k 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.

Negotiation context

• It's been on market 53 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 18y ago; this cycle's ask has dropped $25k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $78k; list at $175k implies a 124% 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 53 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.34% ✓
• Cap rate: 8.72%
• Cash-on-cash: 8.67%
• DSCR: 1.39
• GRM: 6.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.01% rent growth · sell at horizon

5-year hold

• IRR: -4.4%
• Equity multiple: 0.84×
• Total profit: $-7,920
• Equity at exit: $26,093

10-year hold

• IRR: 4.0%
• Equity multiple: 1.28×
• Total profit: $13,677
• Equity at exit: $15,131

Cash invested: $49,000 (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 33774

• Rents YoY: 2.0%
• Active inventory: 209
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,352 high
• Mortgage (P&I): −$918
• Tax from tax record: −$51 /mo · $614/yr
• Insurance: −$73
• HOA: −$462
• Vacancy / Maint / Mgmt: −$494
• Net cashflow: $354

Break-even live

Break-even rent $1,904

Max offer price $175,000

Occupancy floor 80%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14130 Rosemary Ln Largo, FL	2.0	1.5	880	$1,725	$1.96	20d	2	0.17mi
14531 Walsingham Rd Largo, FL	2.0	1.0–2.0	657	$2,600	$3.96	24d	3	0.27mi
12760 Indian Rocks Rd Largo, FL	1.0–2.0	1.0–2.0	923	$2,500	$2.71	4d	6	0.47mi
9 Jeff Rd Largo, FL	2.0	1.0	964	$2,150	$2.23	4d	1	0.50mi
1 Windrush Blvd #63 Indian Rocks Beach, FL	2.0	1.0	955	$5,000	$5.24	24d	1	0.57mi
1 Windrush Blvd Indian Rocks Beach, FL	2.0–3.0	1.0–2.0	1177	$3,200	$2.72	24d	2	0.58mi
1 Windrush Blvd Indian Rocks Beach, FL	2.0	1.0–2.0	997	$3,875	$3.88	2d	2	0.58mi
717 E Gulf Blvd Unit 1 Indian Rocks Beach, FL	2.0	1.0	850	$2,300	$2.71	20d	1	0.80mi
717 E Gulf Blvd Unit 3 Indian Rocks Beach, FL	2.0	1.0	850	$2,650	$3.12	20d	1	0.80mi
13300 Walsingham Rd Largo, FL	1.0–4.0	1.0–2.0	1060	$1,788	$1.69	24d	1	0.83mi
720 E Gulf Blvd Unit B Indian Rocks Beach, FL	2.0	1.0	748	$2,600	$3.48	20d	1	0.84mi
206 Bates Ave Unit E Indian Rocks Beach, FL	1.0	1.0	600	$1,945	$3.24	4d	1	0.85mi
12800 Vonn Rd Largo, FL	1.0–2.0	1.0	810	$1,458	$1.80	2d	16	0.94mi
1000 Bay Pine Blvd Indian Rocks Beach, FL	3.0	1.0	936	$3,595	$3.84	4d	1	0.94mi
13200 Wilcox Rd Largo, FL	2.0	2.0	932	$1,755	$1.88	3d	2	0.98mi
1210 Bay Palm Blvd Indian Rocks Beach, FL	3.0	2.0	1118	$4,495	$4.02	4d	1	1.07mi
1209 1st St Indian Rocks Beach, FL	2.0	1.5	768	$2,400	$3.12	24d	1	1.09mi
13125 Wilcox Rd Largo, FL	1.0–2.0	1.0–2.0	840	$1,830	$2.18	2d	8	1.11mi
10350 Imperial Point Dr W #8 Largo, FL	1.0	1.5	860	$1,675	$1.95	24d	1	1.21mi
10350 Imperial Point Dr W #10 Largo, FL	1.0	1.0	815	$1,550	$1.90	3d	1	1.21mi
10351 Regal Dr Largo, FL	1.0	1.0–1.5	837	$1,700	$2.03	20d	2	1.22mi
2200 Gladys St Largo, FL	1.0–2.0	1.0–1.5	677	$1,595	$2.35	24d	1	1.24mi
1400 Gulf Blvd Unit 2B Indian Rocks Beach, FL	2.0	2.0	1074	$5,900	$5.49	24d	1	1.24mi
10215 Regal Dr #4 Largo, FL	2.0	2.0	1105	$2,300	$2.08	4d	1	1.28mi
10216 Regal Dr #201 Largo, FL	2.0	2.0	1100	$2,000	$1.82	15d	1	1.29mi

HOA detail condo

• Monthly dues: $462 · $5,544/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 17 events

1. 2026-05-18
   status Pending
2. 2026-04-15
   price $175,000
3. 2026-03-26
   listed $200,000 Active
4. 2015-07-02
   soldstatus $78,000
5. 2015-07-01
   soldstatus $78,000 Sold 48-char remark

   Show marketing remark (48 chars)

   This is submitted for statistical purposes only.

6. 2015-04-06
   status Pending 48-char remark

   Show marketing remark (48 chars)

   This is submitted for statistical purposes only.

7. 2015-04-06
   listed $78,000 Active 48-char remark

   Show marketing remark (48 chars)

   This is submitted for statistical purposes only.

8. 2014-10-31
   historical
9. 2014-08-06
   listed $79,750 Active
10. 2014-05-05
    historical
11. 2013-10-12
    listed $74,990 Active
12. 2013-02-05
    historical
13. 2013-01-03
    listed $77,900
14. 2011-08-27
    listed $85,900
15. 2008-09-16
    listed $129,900
16. 2004-01-25
    soldstatus $80,000
17. 1997-05-07
    soldstatus $57,500

ⓘ 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: $614 · $51/mo
• Projected year-2 tax: $1,452 · $121/mo
• Expected delta: +$838/yr (+$70/mo · 136.5%)

ⓘ 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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 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: $28,219
• − Mortgage interest: −$9,803
• − Property taxes: −$614
• − Insurance: −$875
• − Repairs & maintenance: −$2,257
• − Management: −$2,257
• − HOA: −$5,544
• − Depreciation: −$5,091
• Taxable income: $1,777
• Est. tax owed @ 24.0%: −$426
• After-tax cash flow: $3,820/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 — Largo

• Score: 82/100
• State rank: #82
• US rank: #1240

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Largo, FL
• County: Pinellas County · 939,478 people
• City population: 106,311
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 19,799
• Household income: $79,139
• Rent vs Own: 22.7% rent · 77.3% own
• Severe rent burden: 546.0

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 (74%)
• Race & ethnicity: White 74% Black 11% Hispanic / Latino 9% Two or more races 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2%
• Common ancestry: Romanian 7% Lithuanian 4% Hispanic 2%
• Foreign-born: 8% · Canada
• Languages at home: 91% English-only · Spanish 4% French/Haitian/Cajun 2% Russian/Polish/Slavic 1%

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: ▼ -383.61%
• Current HPI: 336.629
• Rent YoY: ▲ 2.01%
• 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

+204.3% since first listed

17 events — show timeline

• 2026-05-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-15 Price Changed $175,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Listed $200,000 Stellar MLS as Distributed by MLS Grid
• 2015-07-02 Sold (Public Records) $78,000 Public Records
• 2015-07-01 Sold (MLS) $78,000 Stellar MLS as Distributed by MLS Grid
• 2015-04-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-04-06 Listed $78,000 Stellar MLS as Distributed by MLS Grid
• 2014-10-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2014-08-06 Listed $79,750 Stellar MLS as Distributed by MLS Grid
• 2014-05-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-10-12 Listed $74,990 Stellar MLS as Distributed by MLS Grid
• 2013-02-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-01-03 Listed $77,900 Stellar MLS as Distributed by MLS Grid
• 2011-08-27 Listed $85,900 Stellar MLS as Distributed by MLS Grid
• 2008-09-16 Listed $129,900 Stellar MLS as Distributed by MLS Grid
• 2004-01-25 Sold (Public Records) $80,000 Public Records
• 1997-05-07 Sold (Public Records) $57,500 Public Records

Property tax history

-4.7%/yr

Latest (2025): $614 · +9.7% YoY. Source: county tax records.