3301 Alt 19 #130 · Palm Harbor, FL 34698

$140,000

2 bd · 2.0 ba · 1,008 sqft · Manufactured · 13 Days on market

Built 1973 Good condition 350 sqft lot $160/mo HOA · 8% 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 +28.2/30.0
• DSCR +10.0/10.0
• 1% rule +9.2/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Condition / age +3.8/5.0
• Rent growth +3.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Experience retirement at its best in this beautiful coastal mobile home community. The home boasts an open floorplan with tons of space for entertaining. Kitchen updates included engeniered countertops, new cabinets, and a matched appliance set. The primary bedroom features large closets and a sliding door to a rear outdoor seating area. The second bedroom includes a built in murphy bed and another sliding door for access to the outside. The hallway bathroom has a walk-in jacuzzi tub and an updated vanity. The open dining/living room area is great for entertaining and there are two florida rooms great for evening relaxing. The home is located in Westwind Resident Owned Community, close to s

Key facts

• Open floorplan
• Kitchen updates
• Large closets

Tags

• OPEN FLOORPLAN
• KITCHEN UPDATES
• ENGINEERED COUNTERTOPS
• NEW CABINETS
• MATCHED APPLIANCE SET
• LARGE CLOSETS

Property features AI

Finance

• Other: Partially furnished; Third party listing; Directions: Located on Alternate 19 N between Curlew Rd and Tampa Rd; Jeter St is the entry street into the community
• Financial info: Lease restrictions apply; Total monthly fees $160 / Total annual fees $1,920
• HOA & community: Monthly association fee $160; HOA required with approval required; Association name: Joseph Cvach; Community features: Street lights; Senior community; No pets allowed

Exterior

• Parking: Carport (1 space)
• Utilities: BB/HS Internet available; Cable available; Electricity connected; Water connected; Private sewer
• Home design: Residential mobile home (double wide); One story; South-facing
• Construction: Vinyl siding; Metal roof; Pillar/post/pier foundation; Built on double wide body type
• Exterior features: Awning(s); Private mailbox; Rain gutters; Asphalt road frontage

Interior

• Kitchen: Disposal; Exhaust fan; Freezer; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Hardwood; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Open floorplan; Living room/dining room combo; Window treatments
• Laundry & utility: Washer included; Laundry: Other

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $140k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $444 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Cap rate 10.1% vs local median 3.1% in Palm Harbor — 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 81/100 on livability (#95 in FL, #1,470 nationally) — a professional / high-income tenant draw. Strengths: schools A+, housing A+, commute A; Watch: 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 rising (+2.7%/yr); 478 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 32% of the median local income ($74k/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 $968 of loan paydown is wiped out by about $4k 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 + 2.7% rent growth), your $39k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.

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 $140,000

Questions for the listing agent

1. Built in 1973 — 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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.42% ✓
• Cap rate: 10.10%
• Cash-on-cash: 13.59%
• DSCR: 1.60
• GRM: 5.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.69% rent growth · sell at horizon

5-year hold

• IRR: 3.4%
• Equity multiple: 1.13×
• Total profit: $5,104
• Equity at exit: $20,874

10-year hold

• IRR: 12.7%
• Equity multiple: 1.99×
• Total profit: $38,859
• Equity at exit: $12,105

Cash invested: $39,200 (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 34698

• Rents YoY: 2.7%
• Active inventory: 478
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,989 high
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,100/yr
• Insurance: −$58
• HOA: −$160
• Vacancy / Maint / Mgmt: −$418
• Net cashflow: $444

Break-even live

Break-even rent $1,427

Max offer price $140,000

Occupancy floor 73%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3301 U.S. 19 Alternate Unit 611 Dunedin, FL	2.0	2.0	944	$1,700	$1.80	2d	1	0.08mi
795 1st St Unit 181 Palm Harbor, FL	2.0	2.0	1400	$1,750	$1.25	18d	1	0.24mi
333 Lagoon Dr Unit 5 Palm Harbor, FL	2.0	1.0	811	$1,550	$1.91	18d	1	0.48mi
2700 Bayshore Blvd Dunedin, FL	1.0–3.0	1.0–2.5	1114	$2,772	$2.49	4d	8	0.59mi
1697 Nantucket Ct Palm Harbor, FL	1.0–3.0	1.0–3.0	997	$1,836	$1.84	2d	26	0.59mi
1450 Mahogany Ln Palm Harbor, FL	2.0	2.0	1353	$2,300	$1.70	24d	1	0.60mi
Bayshore Blvd Palm Harbor, FL	1.0	1.0	700	$1,325	$1.89	24d	1	0.62mi
182 Margie St Palm Harbor, FL	2.0	1.0	800	$1,495	$1.87	24d	1	0.66mi
455 Alt 19 S #123 Palm Harbor, FL	2.0	2.0	898	$1,700	$1.89	24d	1	0.79mi
455 Alt 19 S #214 Palm Harbor, FL	1.0	1.0	705	$1,650	$2.34	24d	1	0.79mi
455 Alt 19 S #87 Palm Harbor, FL	2.0	2.0	898	$1,600	$1.78	24d	1	0.79mi
455 Alt 19 S #54 Palm Harbor, FL	2.0	2.0	898	$1,600	$1.78	4d	1	0.79mi
455 Alt 19 S #65 Palm Harbor, FL	1.0	1.0	705	$1,425	$2.02	24d	1	0.79mi
444 N Paula Dr Dunedin, FL	1.0–2.0	1.0–2.0	750	$1,770	$2.36	2d	9	0.80mi
2651 Michael Pl #104 Dunedin, FL	2.0	2.0	1230	$2,100	$1.71	3d	1	0.86mi
464 N Paula Dr Dunedin, FL	1.0	1.0	704	$2,225	$3.16	4d	1	0.89mi
464 N Paula Dr Dunedin, FL	1.0	1.0	704	$2,125	$3.02	18d	2	0.89mi
2494 Del Rio Way Dunedin, FL	3.0	1.5	1058	$3,200	$3.02	24d	1	1.04mi
300 Woodette Dr #303 Dunedin, FL	1.0	1.0	720	$2,100	$2.92	2d	1	1.04mi
300 Woodette Dr Unit 404B Dunedin, FL	2.0	2.0	1180	$2,975	$2.52	4d	1	1.04mi
300 Woodette Dr Unit 605A Dunedin, FL	2.0	2.0	1375	$2,300	$1.67	24d	1	1.04mi
439 S Paula Dr Dunedin, FL	1.0–2.0	1.0	612	$1,995	$3.26	24d	3	1.05mi
2489 Del Rio Way Dunedin, FL	2.0	2.0	1250	$2,500	$2.00	24d	1	1.06mi
433 S Paula Dr #17 Dunedin, FL	2.0	2.5	1290	$2,300	$1.78	8d	1	1.08mi
2491 Coronado Way Dunedin, FL	3.0	2.0	1346	$2,950	$2.19	4d	1	1.08mi
2233 Snead Ave Dunedin, FL	3.0	2.0	1284	$3,000	$2.34	17d	1	1.12mi
2233 Snead Ave Dunedin, FL	3.0	2.0	1284	$3,000	$2.34	24d	1	1.12mi
1328 Illinois Ave Palm Harbor, FL	2.0	1.5	1000	$1,700	$1.70	24d	1	1.13mi

HOA detail

• Monthly dues: $160 · $1,920/yr

Listing history 9 events

1. 2026-06-18
   days on market $140,000 Active 13 DOM
2. 2026-06-17
   days on market $140,000 Active 12 DOM
3. 2026-06-16
   days on market $140,000 Active 11 DOM
4. 2026-06-15
   days on market $140,000 Active 10 DOM
5. 2026-06-13
   days on market $140,000 Active 8 DOM
6. 2026-06-09
   days on market $140,000 Active 4 DOM
7. 2026-06-08
   days on market $140,000 Active 3 DOM
8. 2026-06-07
   remarks 699-char remark
9. 2026-06-07
   listed $140,000 Active 2 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥108°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 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,871
• − Mortgage interest: −$7,842
• − Property taxes: −$2,100
• − Insurance: −$700
• − Repairs & maintenance: −$1,910
• − Management: −$1,910
• − HOA: −$1,920
• − Depreciation: −$4,073
• Taxable income: $3,417
• Est. tax owed @ 24.0%: −$820
• After-tax cash flow: $4,508/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 · 13 photos

Good 75/100 Cosmetic rehab

This manufactured home is in good condition with cosmetic updates needed for exterior paint and shutters. The interior is well-maintained, and the home is located in a desirable community.

Value-add opportunities

• Both Paint exterior siding — Fresh paint enhances curb appeal and value
• Both Replace worn-out shutters — New shutters improve aesthetics and functionality
• Resale Install new flooring in bathrooms — New flooring enhances the look and feel of the bathrooms

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior siding — Fresh paint enhances curb appeal and value ↑
• Both Replace worn-out shutters — New shutters improve aesthetics and functionality ↑
• Resale Install new flooring in bathrooms — New flooring enhances the look and feel of the bathrooms ↑

ⓘ 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: 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 — Palm Harbor

• Score: 81/100
• State rank: #95
• US rank: #1470

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Harbor, FL
• County: Pinellas County · 939,478 people
• City population: 79,072
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 38,171
• Household income: $74,078
• Rent vs Own: 26.6% rent · 73.4% own
• Severe rent burden: 1390.0

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 (83%)
• Race & ethnicity: White 83% Two or more races 7% Hispanic / Latino 6% Black 5% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Lithuanian 4% Slovak 3% Romanian 3%
• Foreign-born: 8% · Canada, South Korea
• Languages at home: 92% English-only · Spanish 3% Other Indo-European 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: ▼ -515.66%
• Current HPI: 387.4694
• Rent YoY: ▲ 2.69%
• 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

1 event — show timeline

• 2026-06-05 Listed $140,000 Stellar MLS as Distributed by MLS Grid