7363 Brookridge Central Blvd · Brookridge, FL 34613

$175,000

3 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 16 Days on market

Manufactured home Built 1981 7,366 sqft lot Est $175k · at est. $55/mo HOA · 4% of rent

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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 +11.7/30.0
• ARV discount +7.4/15.0
• Schools +4.2/10.0
• Livability +3.5/5.0
• DSCR +3.4/10.0
• 1% rule +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Come see this beautiful 2 bedroom, 2 bath home located on a corner lot in the highly sought after Brookridge 55+ community. This spacious home has a large living room, dining room and a den/study with a wet bar. New flooring over the new subfloor, which has been replaced throughout most of the house in 2024. Enjoy your mornings on the large Florida room. Golf cart garage with storage/workshop attached. And remember, you own the lan own). Sitting on a large corner lot that you own with retention pond in back (meaning no rear neighbors), you're only minutes away from everything. Centrally located to shopping, restaurants, and medical facilities, and only a short distance to the SunCoast Parkw

Key facts

• Wet bar
• Retention pond
• Golf cart garage

Tags

• CORNER LOT
• WET BAR
• FLORIDA ROOM
• GOLF CART GARAGE
• RETENTION POND
• CENTRALLY LOCATED

Property features AI

Finance

• Other: Total lot dimensions approximately 75 x 100; Lot acreage under 1/4 acre
• Financial info: Lease restrictions apply
• HOA & community: Member of Brookridge Community Property Homeowners Association; Monthly HOA fee of $55 (includes pool, private road maintenance and recreational facilities); Buyer/association approval required; Association amenities: clubhouse, golf course, pickleball courts, pool, sauna, tennis courts; Deed restrictions; Golf carts allowed; Senior community; Pets allowed (cats and dogs)

Exterior

• Parking: Covered parking; Driveway parking; Golf cart garage and designated golf cart parking; 1-car carport
• Security: Gated community (community gate access)
• Utilities: Public water; Public sewer; Electricity available; Sewer connected; Water connected; Cable available
• Home design: Manufactured home (double wide); Attached property; Single-story; East-facing
• Construction: Vinyl siding; Shingle roof; Crawlspace foundation; Built as a double-wide manufactured home
• Exterior features: Porch; Screened porch; Asphalt road frontage; Storage building; Workshop; Irrigation equipment

Interior

• Kitchen: Built-in oven; Cooktop; Range hood; Dishwasher; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Exhaust fan; Central air conditioning
• Interior features: Built-in features throughout; Ceiling fans; Eat-in kitchen; Walk-in closet(s); Wet bar; Skylight(s)
• Laundry & utility: Washer hookup; Dryer hookup (electric); Laundry area in garage

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $175k.

Deal economics

• At list price, monthly cash flow is $-118 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $154k (11.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $135k (23.1% below list).
• Recommended offer: $135k (23.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 70/100 on livability (#421 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: employment C-, health & safety C-, amenities F.
• Hernando (suburban): math 50% / reading 50% proficiency, ranked #38 of 73 in FL (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Pine Grove Elementary School (math 60% / reading 45%, grade C-, #976 of 2,144 statewide, top 46%, 991 students, 60% FRL); West Hernando Middle School (math 36% / reading 37%, grade F, #405 of 571 statewide, top 72%, 695 students, 58% FRL); Central High School (math 34% / reading 44%, grade F, #312 of 667 statewide, top 48%, 1,426 students, 53% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: 702 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).

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.
• Hernando County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($172k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $75k; list at $175k implies a 133% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $134,571 (23.1% 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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.77% ✗
• Cap rate: 5.94%
• Cash-on-cash: -1.27%
• DSCR: 0.94
• GRM: 10.8

CMA / ARV

• ARV (on-the-fly): $174,720
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14563 Brookridge Blvd	0.09mi	3/2.0	1,344 (0%)	2mo	$224,000	$167	94
7444 Moriah Ave	0.15mi	3/2.0	1,344 (0%)	3mo	$135,000	$100	90
7472 Moriah Ave	0.15mi	2/2.0 (-1)	1,288 (-4%)	1mo	$158,000	$123	80
14334 Midfield St	0.16mi	3/2.0	1,440 (+7%)	4mo	$131,900	$92	78
7408 Morelli Ave	0.20mi	3/2.0	1,485 (+10%)	3mo	$192,500	$130	71
7464 Dinsmore St	0.17mi	2/2.0 (-1)	1,200 (-11%)	2mo	$175,000	$146	68
14383 Dehaven Ave	0.28mi	3/2.0	1,493 (+11%)	1mo	$189,000	$127	68
8064 Mission St	0.44mi	2/2.0 (-1)	1,311 (-2%)	4mo	$165,000	$126	67
8305 Weatherford Ave	0.61mi	2/2.0 (-1)	1,314 (-2%)	1mo	$193,000	$147	62
14371 Nectarine St	0.43mi	2/2.0 (-1)	1,178 (-12%)	1mo	$205,000	$174	54
14386 Starcross St	0.45mi	2/2.0 (-1)	1,192 (-11%)	4mo	$163,000	$137	52
8057 Dinsmore St	0.50mi	2/2.0 (-1)	1,152 (-14%)	2mo	$85,000	$74	46

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -21.1%
• Equity multiple: 0.27×
• Total profit: $-35,890
• Equity at exit: $26,093

10-year hold

• IRR: -14.6%
• Equity multiple: 0.16×
• Total profit: $-40,942
• 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 34613

• Home prices YoY: -17.2%
• Active inventory: 702
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,346 high
• Mortgage (P&I): −$918
• Tax from tax record: −$69 /mo · $832/yr
• Insurance: −$73
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$55
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $-118

Break-even live

Break-even rent $1,495

Max offer price $154,100

Occupancy floor —

Sensitivity live

Price	-10% $-19	-5% $-69	+0% $-118	+5% $-168	+10% $-217
Rent	-10% $-225	-5% $-171	+0% $-118	+5% $-65	+10% $-12
Rate	-1.0pp $-30	-0.5pp $-74	base $-118	+0.5pp $-164	+1.0pp $-210

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 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14697 Brookridge Blvd Brooksville, FL	2.0	2.0	1056	$1,350	$1.28	27d	1	0.16mi
14342 Starcross St Brooksville, FL	2.0	1.0	900	$1,025	$1.14	24d	1	0.39mi
7124 Barclay Ave Unit A Spring Hill, FL	2.0	2.0	927	$1,500	$1.62	27d	1	0.41mi
14360 Barley Grass Rd Spring Hill, FL	3.0–5.0	2.0–3.0	1975	$2,195	$1.11	4d	19	0.74mi
8407 Weatherford Ave Brooksville, FL	2.0	2.0	1104	$1,500	$1.36	20d	1	0.77mi
9356 Southern Charm Cir Brooksville, FL	3.0	2.0	1621	$1,800	$1.11	27d	1	0.82mi
14131 Lemon Yellow Tree Ln Brooksville, FL	3.0	2.0	1840	$1,979	$1.08	7d	1	0.94mi
14373 Irving St Unit B Brooksville, FL	2.0	1.0	900	$1,750	$1.94	2d	1	0.96mi
8917 Southern Charm Cir Brooksville, FL	3.0	2.0	1437	$1,695	$1.18	6d	1	1.17mi
8871 Southern Charm Cir Brooksville, FL	3.0	2.0	1482	$2,050	$1.38	27d	1	1.22mi
6372 Gainsboro Ave Spring Hill, FL	3.0	2.0	1535	$1,889	$1.23	1d	1	1.26mi
13109 Lola Dr Spring Hill, FL	2.0	2.0	1483	$4,900	$3.30	27d	1	1.29mi
9919 Scepter Ave Brooksville, FL	3.0	2.0	1188	$1,250	$1.05	7d	1	1.30mi
13186 Thrush St Spring Hill, FL	3.0	2.0	1114	$1,950	$1.75	27d	1	1.34mi
8761 Fetterbush Ct Brooksville, FL	3.0	2.0	1730	$1,850	$1.07	27d	1	1.35mi

HOA detail

• Monthly dues: $55 · $660/yr

Listing history 12 events

1. 2026-06-22
   days on market $175,000 Active 16 DOM
2. 2026-06-21
   days on market $175,000 Active 15 DOM
3. 2026-06-18
   days on market $175,000 Active 12 DOM
4. 2026-06-17
   days on market $175,000 Active 11 DOM
5. 2026-06-16
   days on market $175,000 Active 10 DOM
6. 2026-06-15
   days on market $175,000 Active 9 DOM
7. 2026-06-13
   days on market $175,000 Active 7 DOM
8. 2026-06-13
   days on market $175,000 Active 6 DOM
9. 2026-06-09
   days on market $175,000 Active 3 DOM
10. 2026-06-08
    days on market $175,000 Active 2 DOM
11. 2026-06-07
    remarks 699-char remark
12. 2026-06-07
    listed $175,000 Active 1 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: $832 · $69/mo
• Projected year-2 tax: $1,452 · $121/mo
• Expected delta: +$621/yr (+$52/mo · 74.6%)

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

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 25 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,149
• − Mortgage interest: −$9,803
• − Property taxes: −$832
• − Insurance: −$1,672
• − Repairs & maintenance: −$1,292
• − Management: −$1,292
• − HOA: −$660
• − Depreciation: −$5,091
• Taxable loss: −$4,493
• Est. tax savings @ 24.0%: +$1,078
• After-tax cash flow: $-341/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: Hernando
• NCES district ID: 1200810
• Math proficiency: 50% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $41,985
• Composite: 42.03/100
• National rank: #3329
• State rank: #38 of 73 in FL

Livability — Brookridge

• Score: 70/100
• State rank: #421
• US rank: #7529

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brookridge, FL
• County: Hernando County · 169,677 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 19,337
• Household income: $58,596
• Rent vs Own: 9.2% rent · 90.8% own
• Severe rent burden: 307.0

Population outlook (Hernando County) Hauer SSP2

• Today (2025): 189,218 people
• By 2030: 194,367 · +2.7%
• By 2040: 203,398 · +7.5%
• By 2050: 209,589 · +10.8%
• By 2075: 218,452 · +15.4%
• By 2100: 205,923 · +8.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 6% Two or more races 4% Black 2% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 3% French/Haitian/Cajun 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Hernando

• 2024 margin: Solid R (+37.0) · D 31.1% · R 68.2%
• 2008→2024 swing: -33.5pp toward R · 2008: -3.6pp · 2024: -37.0pp
• All cycles: 2024: R+37.0 2020: R+30.2 2016: R+29.0 2012: R+8.5 2008: R+3.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -57.51%
• Current HPI: 276.2229
• Rent YoY: —
• 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

+262.3% since first listed

31 events — show timeline

• 2026-06-06 Listed $175,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-14 Listing Removed — HCAR
• 2026-03-30 Price Changed $175,272 HCAR
• 2025-11-04 Listed $179,179 HCAR
• 2025-05-01 Listing Removed — HCAR
• 2025-04-01 Relisted — HCAR
• 2025-04-01 Price Changed $188,000 HCAR
• 2025-04-01 Listing Removed — HCAR
• 2025-01-10 Price Changed $189,000 HCAR
• 2024-09-11 Listed $199,000 HCAR
• 2021-02-09 Listing Removed — HCAR
• 2021-01-21 Listed $95,000 HCAR
• 2019-11-11 Listing Removed — HCAR
• 2017-07-20 Sold (Public Records) $75,000 Public Records
• 2017-07-14 Sold (MLS) $75,000 St. Augustine and St. Johns County Board of REALTORS®
• 2017-07-14 Sold (MLS) $75,000 HCAR
• 2017-05-17 Listed $79,500 St. Augustine and St. Johns County Board of REALTORS®
• 2017-05-17 Listed $79,500 HCAR
• 2016-10-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-10-28 Listing Removed — HCAR
• 2016-08-18 Listed $67,000 Stellar MLS as Distributed by MLS Grid
• 2016-08-18 Listed $67,000 HCAR
• 2010-08-11 Listing Removed — HCAR
• 2010-06-01 Listed $69,900 HCAR
• 2010-01-18 Listed $75,000 HCAR
• 2009-07-28 Listing Removed — HCAR
• 2007-03-08 Listed $93,500 HCAR
• 2007-03-07 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2006-11-07 Listed $106,400 Stellar MLS as Distributed by MLS Grid
• 1987-11-01 Sold (Public Records) $57,800 Public Records
• 1982-06-01 Sold (Public Records) $48,300 Public Records

Property tax history

+5.1%/yr

Latest (2025): $832 · +1.4% YoY. Source: county tax records.