731 Lakeside Dr · Largo, FL 33778

$249,900

4 bd · 2.0 ba · 1,240 sqft · SingleFamily public records · 15 Days on market

Built 1959 8,185 sqft lot Est $316k · 21% under

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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 +17.8/30.0
• ARV discount +15.0/15.0
• DSCR +5.6/10.0
• 1% rule +5.4/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this spacious 4-bedroom, 2-bath residence in the established Lakeland Groves neighborhood of Largo. Offering an open, flowing floorplan with 1120 sq feet of living space. Designed for comfortable everyday living. The functional floor plan provides four generously sized bedrooms, making it ideal for guests, a home office and flexible living arrangements. This home is ready for creative touches. The kitchen opens to the main living areas, providing a seamless flow for entertaining and daily activities. Both bathrooms are conveniently located and serve the home well. A private location with a private, oversized lot, the property offers ample outdoor space for recreation, gardening, pets, or future enhancements. Enjoy the convenience of a central Largo location with easy access to shopping, dining, parks, Gulf beaches, and major commuter routes. Whether you're looking for your next home or your next opportunity, this property offers a practical layout, generous lot size, and desirable location in the heart of Pinellas County.

Key facts

• Ample outdoor space
• Open floorplan
• 8,185 sq ft lot

Tags

• OPEN FLOORPLAN
• PRIVATE OVERSIZED LOT
• AMPLE OUTDOOR SPACE
• CENTRAL LARGO LOCATION
• EASY ACCESS TO SHOPPING
• EASY ACCESS TO DINING

Property features AI

Finance

• Other: Property zoned RESI (residential); Lot dimensions approximately 60 x 136; Lot about 0.19 acre (0 to less than 1/4 acre); Roads are asphalt/paved and publicly maintained
• HOA & community: No association fees; No community amenities listed

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Electricity connected; Sewer connected
• Home design: Single-family residence; One story; Faces north
• Construction: Block construction; Shingle roof; Concrete perimeter foundation; Built with approximately 1120 living area (public records)
• Exterior features: Patio; Private mailbox; Chain link fence; Cleared lot; Paved lot

Interior

• Kitchen: Convection oven; Dishwasher; Microwave; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Ceiling fans; Kitchen/family room combo; Thermostat
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $206 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Recommended offer: $246k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.3% 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.
• Market conditions: Rents rising (+1.4%/yr); 139 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• At $2,592/mo this rent would consume 48% of the median local household income ($65k/yr) (locally 261% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 15 days — a 2% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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 $67k; list at $250k implies a 273% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $246,151 (1.5% below list)

Questions for the listing agent

1. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.04% ✓
• Cap rate: 7.28%
• Cash-on-cash: 3.54%
• DSCR: 1.16
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $316,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1610 Valencia Dr W	0.29mi	3/1.5 (-1)	1,349 (+9%)	0mo	$344,500	$255	64
720 Orangeview Dr	0.09mi	3/2.0 (-1)	1,080 (-13%)	7mo	$325,000	$301	63
11780 129th Ter	0.61mi	3/2.0 (-1)	1,224 (-1%)	3mo	$375,000	$306	62
1159 19th Ave SW	0.17mi	4/2.0	1,413 (+14%)	11mo	$420,000	$297	60
1649 12th St SW	0.36mi	3/2.0 (-1)	1,109 (-11%)	2mo	$350,000	$316	59
13698 120th St	0.51mi	3/2.0 (-1)	1,163 (-6%)	6mo	$290,000	$249	56
11791 128th Ave	0.67mi	4/2.5	1,231 (-1%)	13mo	$275,000	$223	54
13097 120th St	0.62mi	3/2.0 (-1)	1,296 (+4%)	5mo	$345,000	$266	54
11641 129th Ave	0.58mi	4/1.5	1,382 (+12%)	5mo	$210,000	$152	48
12781 118th St	0.72mi	3/1.5 (-1)	1,128 (-9%)	0mo	$259,900	$230	44
13248 120th Ln	0.63mi	4/2.0	1,100 (-11%)	10mo	$218,000	$198	43
210 14th Ave SW	0.60mi	3/2.5 (-1)	1,385 (+12%)	3mo	$325,000	$235	43

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 · 1.38% rent growth · sell at horizon

5-year hold

• IRR: -12.6%
• Equity multiple: 0.55×
• Total profit: $-31,409
• Equity at exit: $37,261

10-year hold

• IRR: -6.4%
• Equity multiple: 0.62×
• Total profit: $-26,509
• Equity at exit: $21,607

Cash invested: $69,972 (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 33778

• Rents YoY: 1.4%
• Active inventory: 139
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $2,592 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$427 /mo · $5,122/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$544
• Net cashflow: $206

Break-even live

Break-even rent $2,331

Max offer price $249,900

Occupancy floor 87%

Sensitivity live

Price	-10% $348	-5% $277	+0% $206	+5% $135	+10% $65
Rent	-10% $1	-5% $104	+0% $206	+5% $309	+10% $411
Rate	-1.0pp $332	-0.5pp $270	base $206	+0.5pp $141	+1.0pp $76

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1767 10th St SW Largo, FL	4.0	2.0	1374	$2,995	$2.18	4d	1	0.25mi
740 16th Ave SW Largo, FL	4.0	2.0	1346	$2,695	$2.00	17d	1	0.30mi
13250 Ridge Rd Unit 3B1 Largo, FL	3.0	2.0	1225	$1,975	$1.61	18d	1	0.31mi
2098 Seminole Blvd Largo, FL	1.0–3.0	1.0–2.0	1018	$2,895	$2.84	3d	23	0.41mi
310 15th Ave SW Largo, FL	3.0	2.0	1284	$2,800	$2.18	24d	1	0.51mi
11938 133rd Ave Apt 4 Largo, FL	3.0	1.0	1200	$2,150	$1.79	24d	1	0.58mi
11938 133rd Ave Largo, FL	3.0	1.0	1200	$2,150	$1.79	17d	1	0.59mi
11960 133rd Ave Unit 4 Largo, FL	3.0	1.0	1200	$2,150	$1.79	24d	1	0.60mi
11960 133rd Ave Largo, FL	3.0	1.0	936	$2,150	$2.30	8d	1	0.60mi
11980 133rd Ave Apt 4 Largo, FL	3.0	1.0	1200	$2,150	$1.79	24d	1	0.61mi
11980 133rd Ave Largo, FL	3.0	1.0	1200	$2,150	$1.79	17d	3	0.61mi
1825 134th Ave Largo, FL	3.0	2.0	1005	$2,200	$2.19	24d	1	0.63mi
13264 120th Ln Largo, FL	4.0	1.0	1050	$2,700	$2.57	24d	1	0.65mi
13264 120th Ln Largo, FL	4.0	1.0	1050	$2,300	$2.19	8d	1	0.65mi
13001 120th St Largo, FL	3.0	1.0	1044	$1,950	$1.87	8d	1	0.68mi
11704 127th Ave Largo, FL	3.0	2.0	1311	$2,345	$1.79	5d	1	0.72mi
910 9th Ave SW Largo, FL	3.0	2.0	1120	$2,100	$1.88	4d	1	0.75mi
11666 126th Ter Largo, FL	3.0	1.0	1056	$2,183	$2.07	24d	1	0.75mi
11786 126th Ter Largo, FL	4.0	2.0	1242	$2,650	$2.13	21d	1	0.79mi
1201 Seminole Blvd Largo, FL	1.0–3.0	1.0–2.0	1067	$2,445	$2.29	2d	1	0.82mi
10294 129th Ter Largo, FL	4.0	2.0	1176	$2,119	$1.80	5d	1	1.00mi
2317 13th Ave SW Largo, FL	3.0	1.0	1189	$2,309	$1.94	17d	1	1.05mi
1884 Pine St Largo, FL	3.0	1.5	1012	$2,499	$2.47	22d	1	1.24mi
12293 103rd St Largo, FL	4.0	2.5	1339	$2,469	$1.84	24d	1	1.26mi
2316 Fulton Way Largo, FL	3.0	2.0	1209	$2,699	$2.23	4d	1	1.30mi
600 6th Ave SE Largo, FL	3.0	2.0	1364	$2,400	$1.76	24d	1	1.31mi
2503 Mary Sue St SW Largo, FL	3.0	2.0	1260	$2,211	$1.75	14d	1	1.32mi
12261 Sailwinds Dr #203 Largo, FL	3.0	2.0	1139	$1,800	$1.58	5d	1	1.34mi
12293 Sailwinds Dr #203 Largo, FL	3.0	2.0	1155	$2,050	$1.77	14d	1	1.35mi
11707 108th St Unit 1018171P Largo, FL	3.0	2.0	1259	$3,119	$2.48	3d	1	1.36mi
1830 30th Ln SW Largo, FL	3.0	2.0	1400	$2,725	$1.95	14d	1	1.40mi
10100 Sailwinds Blvd N #206 Largo, FL	3.0	2.0	1155	$1,850	$1.60	4d	1	1.44mi
264 Ridge Rd N Largo, FL	3.0	1.5	981	$2,400	$2.45	24d	1	1.45mi
10495 118th Ave Largo, FL	3.0	2.0	1169	$2,250	$1.92	5d	1	1.45mi
1031 Honeysuckle Rd Largo, FL	3.0	2.0	1382	$2,675	$1.94	18d	1	1.48mi
1635 Gladys St Unit 2 Largo, FL	3.0	1.0	1194	$1,900	$1.59	8d	1	1.48mi
1635 Gladys St Unit 2 Largo, FL	3.0	1.0	1200	$2,000	$1.67	17d	1	1.48mi

Listing history 10 events

1. 2026-06-18
   days on market $249,900 Active 15 DOM
2. 2026-06-17
   days on market $249,900 Active 14 DOM
3. 2026-06-16
   days on market $249,900 Active 13 DOM
4. 2026-06-15
   days on market $249,900 Active 12 DOM
5. 2026-06-13
   days on market $249,900 Active 10 DOM
6. 2026-06-09
   days on market $249,900 Active 6 DOM
7. 2026-06-08
   days on market $249,900 Active 5 DOM
8. 2026-06-07
   days on market $249,900 Active 4 DOM
9. 2026-06-04
   remarks 694-char remark
10. 2026-06-04
    listed $249,900 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: $5,122 · $427/mo
• Projected year-2 tax: $5,122 · $427/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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 23 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: $31,104
• − Mortgage interest: −$13,998
• − Property taxes: −$5,122
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,488
• − Management: −$2,488
• − Depreciation: −$7,270
• Taxable loss: −$1,512
• Est. tax savings @ 24.0%: +$363
• After-tax cash flow: $2,838/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): 16,807
• Household income: $65,355
• Rent vs Own: 17.1% rent · 82.9% own
• Severe rent burden: 261.0

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 (72%)
• Race & ethnicity: White 72% Hispanic / Latino 15% Two or more races 11% Black 9% Asian 2%
• Hispanic origin (detail): Puerto Rican 3% Cuban 6%
• Common ancestry: Romanian 3% Italian 3% Lithuanian 3%
• Foreign-born: 13% · Canada, Vietnam, Jamaica
• Languages at home: 85% English-only · Spanish 10% Vietnamese 1% French/Haitian/Cajun 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: ▼ -320.64%
• Current HPI: 369.3008
• Rent YoY: ▲ 1.38%
• 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

+380.6% since first listed

7 events — show timeline

• 2026-06-03 Listed $249,900 Stellar MLS as Distributed by MLS Grid
• 2026-06-01 Listed $249,900 FORTMLS
• 2026-05-22 Rental Removed $2,649 Tricon
• 2026-05-20 Listed for Rent $2,649 Tricon
• 2014-05-13 Sold (Public Records) $67,000 Public Records
• 2005-03-08 Sold (Public Records) $92,000 Public Records
• 1996-08-28 Sold (Public Records) $52,000 Public Records

Property tax history

+12.7%/yr

Latest (2025): $5,122 · +49.6% YoY. Source: county tax records.