1202 Desert Hills Dr · Sun City Center, FL 33573

$229,000

3 bd · 2.0 ba · 2,377 sqft · SingleFamily public records · 4 Days on market

Built 1965 8,100 sqft lot $28/mo HOA · 1% 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 +23.6/30.0
• DSCR +7.6/10.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• Schools +4.2/10.0
• Livability +3.9/5.0
• Appreciation +3.4/10.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

ENJOY THE PEACE AND TRANQUILITY OF YOUR VERY OWN WATER & PARK-LIKE VIEW. NO BACK DOOR NEIGHBORS! COME HAVE FUN UNDER OUR SUN IN SUN CITY CENTERS 55+ COMMUNITY. If you love to entertain or have a large family get-together this spacious customized DW55 3 bedroom 2 bath home is ready for you! With over 2300 sf the flow is great for all to enjoy. As you enter the home through a lovely Leaded front door you are greeted with a beautiful view. Most of the windows have been replaced with an impact double pane and recently two NEWER HVAC systems have been installed for your comfort. The front bedroom is currently used as an office, so it is set off from the rest of the home for privacy. The kitchen has had updating with stainless appliances and both bathrooms have been updated. The large laundry room has loads of storage. The Flooring is polished terrazzo with tile in the kitchen and baths. There is a formal dining room or if you prefer a hobby room off the kitchen. The Lanai has been enclosed and is used as a family room under air. From the Florida room there is an added Sunroom for casual living with big windows to enjoy the lovely view and an enclosed room with an inground hot tub (currently not used). As you head out to your backyard through new sliding doors you will enjoy your screened lanai with a new roof. The exterior of the home has recently been painted and the roof is just eight years old with added insulation in the attic. There is no HOA so you could put up a fence for your furry friends if you wish. Sun City Center w/ Active Adult living & state-of-the-art fitness center, indoor Olympic lap pool, resistance pool & outdoor pool. Softball, Pickleball, tennis, Arts/crafts, model train, woodworking, lawn bowling, dancing & 150+ clubs & activities. Club Renaissance & 72 holes of golf under separate optional membership available! Conveniently located to everyday living & Tampa, Sarasota, St. Petersburg, Tampa International Airport, sporting events, beaches, theaters, shopping, dining & more

Key facts

• 8,100 sq ft lot
• 2 garage spots
• Community pool

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $229k.

Deal economics

• At list price, monthly cash flow is $430 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $229k (0.1% below list).
• Recommended offer: $229k (0.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 78/100 on livability (#178 in FL, #2,736 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, crime B+; Watch: schools D+, amenities F.
• Hillsborough (suburban): math 47% / reading 50% proficiency, ranked #41 of 73 in FL (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.6%/yr); 602 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• This rent runs 38% of the median local income ($73k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 8y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $228,834

Questions for the listing agent

1. Built in 1965 — 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. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
6. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
7. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
8. 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.
9. 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.
10. 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: 1.00% ✗
• Cap rate: 8.55%
• Cash-on-cash: 8.05%
• DSCR: 1.36
• GRM: 8.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.65% rent growth · sell at horizon

5-year hold

• IRR: -4.4%
• Equity multiple: 0.83×
• Total profit: $-10,623
• Equity at exit: $34,145

10-year hold

• IRR: 4.8%
• Equity multiple: 1.35×
• Total profit: $22,362
• Equity at exit: $19,800

Cash invested: $64,120 (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 33573

• Home prices YoY: -1.2%
• Rents YoY: 2.6%
• Active inventory: 602
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $2,288 high
• Mortgage (P&I): −$1,201
• Tax from tax record: −$54 /mo · $643/yr
• Insurance: −$95
• HOA: −$28
• Vacancy / Maint / Mgmt: −$481
• Net cashflow: $430

Break-even live

Break-even rent $1,744

Max offer price $229,000

Occupancy floor 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: $57,250
• Closing costs: $6,870
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
301 Bryce Ct Sun City Center, FL	2.0	2.0	1830	$1,850	$1.01	24d	1	0.65mi
1904 N Pebble Beach Blvd Sun City Center, FL	3.0	2.0	1756	$1,600	$0.91	13d	1	0.84mi
1408 Nashua Cir Sun City Center, FL	3.0	2.0	2053	$1,900	$0.93	24d	1	0.92mi
1201 Fordham Dr Sun City Center, FL	2.0	2.0	1582	$1,950	$1.23	17d	1	0.92mi
4902 Cosmos Cir Wimauma, FL	3.0	1.0–3.5	1231	$2,861	$2.32	2d	39	1.05mi
1812 New Bedford Dr Sun City Center, FL	3.0	2.0	2606	$2,200	$0.84	20d	1	1.06mi
5010 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	24d	1	1.10mi
5017 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	20d	1	1.12mi
16671 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	24d	1	1.12mi
16667 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	24d	1	1.13mi
16676 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	24d	1	1.13mi
16665 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	24d	1	1.13mi
16660 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,276	$1.39	24d	1	1.15mi
16611 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,176	$1.33	20d	1	1.18mi
16638 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,276	$1.39	22d	1	1.18mi
16610 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,176	$1.33	24d	1	1.20mi
16616 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,276	$1.39	22d	1	1.21mi
5085 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	24d	1	1.22mi
5089 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	24d	1	1.23mi
5091 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	24d	1	1.23mi
5095 Capri Harbor Dr Wimauma, FL	2.0	2.5	1578	$1,956	$1.24	22d	1	1.24mi
1013 Ardmore Way Sun City Center, FL	2.0	2.0	1857	$1,795	$0.97	24d	1	1.26mi
16260 Amethyst Key Dr Wimauma, FL	3.0	2.0	1889	$2,300	$1.22	24d	1	1.31mi
5025 Brickwood Rise Dr Wimauma, FL	4.0	2.5	1925	$2,500	$1.30	24d	1	1.35mi
17138 Sunshine Mimosa St Wimauma, FL	4.0	2.5	2634	$2,499	$0.95	3d	1	1.44mi
16634 Mooner Plank Cir Wimauma, FL	4.0	2.5	2035	$2,550	$1.25	24d	1	1.48mi
16984 Oval Rum Dr Wimauma, FL	4.0	3.0	3362	$3,300	$0.98	1d	1	1.50mi

HOA detail

• Monthly dues: $28 · $336/yr
• Likely covers: waterpoolgym

Listing history 12 events

1. 2026-04-27
   status Pending
2. 2026-04-23
   listed $229,000 Active
3. 2026-03-18
   listed $200,000 Active
4. 2022-11-07
   soldstatus $395,000
5. 2022-11-02
   soldstatus $395,000 Closed 2073-char remark

   Show marketing remark (2073 chars)

   ENJOY THE PEACE AND TRANQUILITY OF YOUR VERY OWN WATER & PARK-LIKE VIEW. NO BACK DOOR NEIGHBORS! COME HAVE FUN UNDER OUR SUN IN SUN CITY CENTERS 55+ COMMUNITY. If you love to entertain or have a large family get-together this spacious customized DW55 3 bedroom 2 bath home is ready for you! With over 2300 sf the flow is great for all to enjoy. As you enter the home through a lovely Leaded front door you are greeted with a beautiful view. Most of the windows have been replaced with an impact double pane and recently two NEWER HVAC systems have been installed for your comfort. The front bedroom is currently used as an office, so it is set off from the rest of the home for privacy. The kitchen has had updating with stainless appliances and both bathrooms have been updated. The large laundry room has loads of storage. The Flooring is polished terrazzo with tile in the kitchen and baths. There is a formal dining room or if you prefer a hobby room off the kitchen. The Lanai has been enclosed and is used as a family room under air. From the Florida room there is an added Sunroom for casual living with big windows to enjoy the lovely view and an enclosed room with an inground hot tub (currently not used). As you head out to your backyard through new sliding doors you will enjoy your screened lanai with a new roof. The exterior of the home has recently been painted and the roof is just eight years old with added insulation in the attic. There is no HOA so you could put up a fence for your furry friends if you wish. Sun City Center w/ Active Adult living & state-of-the-art fitness center, indoor Olympic lap pool, resistance pool & outdoor pool. Softball, Pickleball, tennis, Arts/crafts, model train, woodworking, lawn bowling, dancing & 150+ clubs & activities. Club Renaissance & 72 holes of golf under separate optional membership available! Conveniently located to everyday living & Tampa, Sarasota, St. Petersburg, Tampa International Airport, sporting events, beaches, theaters, shopping, dining & more

6. 2022-10-03
   status Pending 2073-char remark

   Show marketing remark (2073 chars)

   ENJOY THE PEACE AND TRANQUILITY OF YOUR VERY OWN WATER & PARK-LIKE VIEW. NO BACK DOOR NEIGHBORS! COME HAVE FUN UNDER OUR SUN IN SUN CITY CENTERS 55+ COMMUNITY. If you love to entertain or have a large family get-together this spacious customized DW55 3 bedroom 2 bath home is ready for you! With over 2300 sf the flow is great for all to enjoy. As you enter the home through a lovely Leaded front door you are greeted with a beautiful view. Most of the windows have been replaced with an impact double pane and recently two NEWER HVAC systems have been installed for your comfort. The front bedroom is currently used as an office, so it is set off from the rest of the home for privacy. The kitchen has had updating with stainless appliances and both bathrooms have been updated. The large laundry room has loads of storage. The Flooring is polished terrazzo with tile in the kitchen and baths. There is a formal dining room or if you prefer a hobby room off the kitchen. The Lanai has been enclosed and is used as a family room under air. From the Florida room there is an added Sunroom for casual living with big windows to enjoy the lovely view and an enclosed room with an inground hot tub (currently not used). As you head out to your backyard through new sliding doors you will enjoy your screened lanai with a new roof. The exterior of the home has recently been painted and the roof is just eight years old with added insulation in the attic. There is no HOA so you could put up a fence for your furry friends if you wish. Sun City Center w/ Active Adult living & state-of-the-art fitness center, indoor Olympic lap pool, resistance pool & outdoor pool. Softball, Pickleball, tennis, Arts/crafts, model train, woodworking, lawn bowling, dancing & 150+ clubs & activities. Club Renaissance & 72 holes of golf under separate optional membership available! Conveniently located to everyday living & Tampa, Sarasota, St. Petersburg, Tampa International Airport, sporting events, beaches, theaters, shopping, dining & more

7. 2022-06-30
   listed $395,500 Active 2073-char remark

   Show marketing remark (2073 chars)

   ENJOY THE PEACE AND TRANQUILITY OF YOUR VERY OWN WATER & PARK-LIKE VIEW. NO BACK DOOR NEIGHBORS! COME HAVE FUN UNDER OUR SUN IN SUN CITY CENTERS 55+ COMMUNITY. If you love to entertain or have a large family get-together this spacious customized DW55 3 bedroom 2 bath home is ready for you! With over 2300 sf the flow is great for all to enjoy. As you enter the home through a lovely Leaded front door you are greeted with a beautiful view. Most of the windows have been replaced with an impact double pane and recently two NEWER HVAC systems have been installed for your comfort. The front bedroom is currently used as an office, so it is set off from the rest of the home for privacy. The kitchen has had updating with stainless appliances and both bathrooms have been updated. The large laundry room has loads of storage. The Flooring is polished terrazzo with tile in the kitchen and baths. There is a formal dining room or if you prefer a hobby room off the kitchen. The Lanai has been enclosed and is used as a family room under air. From the Florida room there is an added Sunroom for casual living with big windows to enjoy the lovely view and an enclosed room with an inground hot tub (currently not used). As you head out to your backyard through new sliding doors you will enjoy your screened lanai with a new roof. The exterior of the home has recently been painted and the roof is just eight years old with added insulation in the attic. There is no HOA so you could put up a fence for your furry friends if you wish. Sun City Center w/ Active Adult living & state-of-the-art fitness center, indoor Olympic lap pool, resistance pool & outdoor pool. Softball, Pickleball, tennis, Arts/crafts, model train, woodworking, lawn bowling, dancing & 150+ clubs & activities. Club Renaissance & 72 holes of golf under separate optional membership available! Conveniently located to everyday living & Tampa, Sarasota, St. Petersburg, Tampa International Airport, sporting events, beaches, theaters, shopping, dining & more

8. 2019-02-20
   historical
9. 2019-01-17
   price $230,000
10. 2018-12-11
    listed $237,700 Active
11. 2000-11-28
    soldstatus $87,000
12. 1981-09-01
    soldstatus $75,000

ⓘ 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: $643 · $54/mo
• Projected year-2 tax: $1,901 · $158/mo
• Expected delta: +$1,258/yr (+$105/mo · 195.6%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 28 d/yr by 30 yrs out
• 💨 Wind 9/10 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: $27,460
• − Mortgage interest: −$12,828
• − Property taxes: −$643
• − Insurance: −$1,145
• − Repairs & maintenance: −$2,197
• − Management: −$2,197
• − HOA: −$336
• − Depreciation: −$6,662
• Taxable income: $1,453
• Est. tax owed @ 24.0%: −$349
• After-tax cash flow: $4,810/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: Hillsborough
• NCES district ID: 1200870
• Math proficiency: 47% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $50,622
• Composite: 41.6/100
• National rank: #3435
• State rank: #41 of 73 in FL

Livability — Sun City Center

• Score: 78/100
• State rank: #178
• US rank: #2736

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sun City Center, FL
• County: Hillsborough County · 1,540,968 people
• City population: 35,362
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 35,362
• Household income: $72,834
• Rent vs Own: 17.3% rent · 82.7% own
• Severe rent burden: 1382.0

Population outlook (Hillsborough County) Hauer SSP2

• Today (2025): 1,607,022 people
• By 2030: 1,733,968 · +7.9%
• By 2040: 1,979,565 · +23.2%
• By 2050: 2,203,427 · +37.1%
• By 2075: 2,667,893 · +66.0%
• By 2100: 2,891,558 · +79.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Hispanic / Latino 13% Two or more races 11% Black 10% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 6% Cuban 2%
• Common ancestry: Romanian 3% Lithuanian 3% Slovak 2%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 86% English-only · Spanish 10% French/Haitian/Cajun 1% German/W. Germanic 1%

Political lean MEDSL · Hillsborough

• 2024 margin: Toss-up / Even · D 47.8% · R 50.9% · Other 1.3%
• 2008→2024 swing: -10.2pp toward R · 2008: 7.1pp · 2024: -3.1pp
• All cycles: 2024: R+3.1 2020: D+6.9 2016: D+6.8 2012: D+6.7 2008: D+7.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -3.27%
• Current HPI: 272.9767
• Rent YoY: ▲ 2.65%
• 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

+205.3% since first listed

12 events — show timeline

• 2026-04-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-23 Listed $229,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-18 Listed $200,000 Stellar MLS as Distributed by MLS Grid
• 2022-11-07 Sold (Public Records) $395,000 Public Records
• 2022-11-02 Sold (MLS) $395,000 Stellar MLS as Distributed by MLS Grid
• 2022-10-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-06-30 Listed $395,500 Stellar MLS as Distributed by MLS Grid
• 2019-02-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2019-01-17 Price Changed $230,000 Stellar MLS as Distributed by MLS Grid
• 2018-12-11 Listed $237,700 Stellar MLS as Distributed by MLS Grid
• 2000-11-28 Sold (Public Records) $87,000 Public Records
• 1981-09-01 Sold (Public Records) $75,000 Public Records

Property tax history

-4.4%/yr

Latest (2025): $643 · +5.4% YoY. Source: county tax records.