34540 Violet Dr N · Pinellas Park, FL 33781

$139,900

2 bd · 2.0 ba · 960 sqft · Manufactured public records · 51 Days on market

Built 1973 Est $108k · 30% over $210/mo HOA · 11% 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 +26.4/30.0
• DSCR +9.0/10.0
• 1% rule +8.8/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

2BR/2BA double-wide in a top-5 rated Retirement Communities for 2025! Price includes Share, valued at $55,000… Lovely, open concept kitchen with stainless steel appliances, an oversized island, with ample amount of cabinetry … Newer vinyl flooring, double pane windows, roof-over (which includes the shed/laundry area), oversized shed which houses the stackable washer & dryer, the newer water heater, a wash tub AND has direct access to the interior of the home thru the 2nd bedroom. . A/C 2012. The bonus room (not included in square footage) offers flexible space and can serve as a third bedroom, closing off with barn doors for privacy. Both updated bathrooms include walk-i

Key facts

• Open concept kitchen
• Roof-over
• Double pane windows

Tags

• OPEN CONCEPT KITCHEN
• STAINLESS STEEL APPLIANCES
• OVERSIZED ISLAND
• NEWER VINYL FLOORING
• DOUBLE PANE WINDOWS
• ROOF-OVER

Property features AI

Finance

• Other: Turnkey (furnished); Directions: Gandy Blvd just east of US19; park on north side of Gandy, drive to stop sign, turn right, drive to Violet Dr, turn left to address
• Financial info: Total annual fees $2,520; Lease restrictions apply
• HOA & community: Has HOA (monthly fee $210); Association amenities: clubhouse, fitness center, laundry, pool, recreation facilities, shuffleboard court, lobby key required; Association fee includes common area taxes, pool, escrow reserves, grounds maintenance, management, private road, recreational facilities, sewer, trash, water; Association approval required; Senior community; Deed restrictions; Golf carts allowed; Sidewalks; Buyer approval required

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Water available; Sewer connected
• Home design: Residential mobile home (double wide); One story; Faces north; Entry on one level
• Construction: Vinyl siding; Membrane roof / roof over; Crawlspace foundation with pillar/post/pier
• Exterior features: Rain gutters; Sidewalk; Paved road access; Private maintained road

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms; Bonus room (additional room)
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Open floorplan; Solid wood cabinets; Window treatments; Double pane windows
• Laundry & utility: Washer; Dryer; Laundry located in garage

What this means for you Summary

Snapshot

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

Deal economics

• At list price, monthly cash flow is $367 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $136k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 4.0% in Pinellas Park — 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 78/100 on livability (#170 in FL, #2,546 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools 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 soft (-3.0%/yr); 230 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 40% of the median local income ($58k/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 $967 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.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 2 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 $64k; list at $140k implies a 119% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $135,703 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 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 1973 — 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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 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: 1.38% ✓
• Cap rate: 9.44%
• Cash-on-cash: 11.23%
• DSCR: 1.50
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $107,520
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
34175 Canal Dr	0.03mi	2/2.0	954 (-1%)	2mo	$117,500	$123	96
34541 Violet Dr N	0.02mi	2/2.0	1,008 (+5%)	1mo	$110,000	$109	90
34479 Cactus Dr N	0.05mi	2/2.0	1,056 (+10%)	2mo	$118,500	$112	79
34076 Avocado Dr N	0.03mi	2/1.5	872 (-9%)	5mo	$88,000	$101	77
34041 Azalea Dr N	0.03mi	2/2.0	882 (-8%)	11mo	$80,000	$91	76
82177 E St N #177	0.27mi	2/2.0	1,008 (+5%)	9mo	$30,000	$30	72
82015 A St N #15	0.38mi	2/2.0	915 (-5%)	6mo	$108,000	$118	69
82226 F St N #226	0.29mi	2/2.0	1,056 (+10%)	10mo	$175,000	$166	61
82009 A St N #9	0.35mi	2/2.0	1,060 (+10%)	12mo	$139,900	$132	56

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -3.4%
• Equity multiple: 0.88×
• Total profit: $-4,840
• Equity at exit: $20,860

10-year hold

• IRR: 1.9%
• Equity multiple: 1.12×
• Total profit: $4,531
• Equity at exit: $12,096

Cash invested: $39,172 (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 33781

• Rents YoY: -3.0%
• Active inventory: 230
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,937 high
• Mortgage (P&I): −$734
• Tax from tax record: −$162 /mo · $1,942/yr
• Insurance: −$58
• HOA: −$210
• Vacancy / Maint / Mgmt: −$407
• Net cashflow: $367

Break-even live

Break-even rent $1,473

Max offer price $139,900

Occupancy floor 76%

Sensitivity live

Price	-10% $446	-5% $406	+0% $367	+5% $327	+10% $288
Rent	-10% $214	-5% $290	+0% $367	+5% $443	+10% $520
Rate	-1.0pp $437	-0.5pp $402	base $367	+0.5pp $330	+1.0pp $294

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3110 Grand Ave Pinellas Park, FL	1.0–3.0	1.0–2.0	1104	$2,467	$2.23	3d	34	0.45mi
4071 76th Ave N Pinellas Park, FL	2.0	1.0	700	$1,724	$2.46	4d	3	0.54mi
8851 US Highway 19 N Pinellas Park, FL	1.0–3.0	1.0–2.0	993	$2,295	$2.31	3d	23	0.71mi
4355 84th Ave N Pinellas Park, FL	1.0	1.0	700	$1,550	$2.21	3d	10	0.72mi
2790 Grand Ave Saint Petersburg, FL	1.0–3.0	1.0–2.0	1017	$2,782	$2.73	3d	16	0.81mi
4520 76th Ave N Pinellas Park, FL	2.0	1.0	700	$1,545	$2.21	25d	1	0.87mi
3715 66th Ave N Unit B Pinellas Park, FL	2.0	1.0	750	$1,475	$1.97	23d	1	0.95mi
4771 78th Ave N Pinellas Park, FL	2.0	2.0	903	$1,640	$1.82	25d	1	1.03mi
4701 88th Ave N Pinellas Park, FL	1.0–2.0	1.0–2.0	855	$1,853	$2.17	12d	20	1.05mi
4675 72nd Ave N Pinellas Park, FL	2.0	1.0	750	$1,649	$2.20	23d	1	1.10mi
8400 49th St N Pinellas Park, FL	1.0–2.0	1.0–2.0	707	$1,749	$2.47	3d	22	1.20mi
4940 87th Ave Unit C Pinellas Park, FL	2.0	1.0	700	$2,600	$3.71	25d	1	1.21mi
7050 48th St N Pinellas Park, FL	3.0	1.5	1008	$2,350	$2.33	25d	1	1.24mi
2715 63rd Ter N Unit B St. Petersburg, FL	2.0	2.0	1030	$1,900	$1.84	25d	1	1.32mi
5060 76th Ave N #409 Pinellas Park, FL	1.0	1.0	750	$1,295	$1.73	23d	1	1.33mi
4973 91st Ave Unit C Pinellas Park, FL	2.0	2.0	875	$1,475	$1.69	15d	1	1.38mi
4973 91st Ave Unit 12 (C) Pinellas Park, FL	2.0	2.0	875	$1,475	$1.69	16d	1	1.38mi
9505 49th St N Pinellas Park, FL	1.0–3.0	1.0–2.0	1049	$2,297	$2.19	3d	19	1.39mi
2734 62nd Ave N Apt 3 St. Petersburg, FL	2.0	1.5	833	$1,895	$2.27	25d	1	1.43mi
4091 58th Ave N Unit F St. Petersburg, FL	2.0	1.0	900	$1,595	$1.77	4d	1	1.49mi

HOA detail

• Monthly dues: $210 · $2,520/yr
• Likely covers: water

Listing history 16 events

1. 2026-06-18
   days on market $139,900 Active 51 DOM
2. 2026-06-17
   days on market $139,900 Active 50 DOM
3. 2026-06-16
   days on market $139,900 Active 49 DOM
4. 2026-06-15
   days on market $139,900 Active 48 DOM
5. 2026-06-13
   days on market $139,900 Active 46 DOM
6. 2026-06-09
   days on market $139,900 Active 42 DOM
7. 2026-06-08
   days on market $139,900 Active 41 DOM
8. 2026-06-07
   days on market $139,900 Active 40 DOM
9. 2026-06-04
   days on market $139,900 Active 37 DOM
10. 2026-06-03
    days on market $139,900 Active 36 DOM
11. 2026-06-01
    days on market $139,900 Active 34 DOM
12. 2026-05-31
    days on market $139,900 Active 33 DOM
13. 2026-05-19
    status Active
14. 2026-05-11
    status Pending
15. 2026-04-20
    listed $139,900 Active
16. 2004-05-01
    soldstatus $64,000

ⓘ 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: $1,942 · $162/mo
• Projected year-2 tax: $1,942 · $162/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 5/10 Major FEMA zone X (unshaded) · 51% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 6 d/yr ≥106°F today · 21 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,248
• − Mortgage interest: −$7,837
• − Property taxes: −$1,942
• − Insurance: −$700
• − Repairs & maintenance: −$1,860
• − Management: −$1,860
• − HOA: −$2,520
• − Depreciation: −$4,070
• Taxable income: $2,461
• Est. tax owed @ 24.0%: −$591
• After-tax cash flow: $3,810/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: 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 — Pinellas Park

• Score: 78/100
• State rank: #170
• US rank: #2546

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pinellas Park, FL
• County: Pinellas County · 939,478 people
• City population: 50,533
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 28,072
• Household income: $57,785
• Rent vs Own: 35.6% rent · 64.4% own
• Severe rent burden: 1115.0

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: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 59% Hispanic / Latino 16% Asian 14% Two or more races 11% Black 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 5%
• Common ancestry: Romanian 3% Lithuanian 3% Slovak 2%
• Foreign-born: 18% · Canada, Vietnam, Jamaica
• Languages at home: 72% English-only · Spanish 12% Vietnamese 7% Other Asian/Pacific 3%

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: ▼ -409.77%
• Current HPI: 348.546
• Rent YoY: ▼ -2.95%
• 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

+118.6% since first listed

4 events — show timeline

• 2026-05-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-20 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 2004-05-01 Sold (Public Records) $64,000 Public Records

Property tax history

+5.8%/yr

Latest (2025): $1,942 · +12.2% YoY. Source: county tax records.