619 Beverly Ave · Largo, FL 33770

$229,000

3 bd · 1.0 ba · 702 sqft · SingleFamily public records · 66 Days on market

Built 1946 5,615 sqft lot

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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 +7.5/15.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• DSCR +3.5/10.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Rent growth +1.6/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunity awaits! 1 Bedroom/1 Bathroom home in Largo just minutes away from the beach! This home has an updated kitchen; it is just waiting for its next owner to finish the rest. Tiled flooring throughout with attached laundry/storage room. Big master bedroom with a walk in closet. Great sized lot with a lot of naturally landscaped privacy with no current deed restrictions! Don’t let this pass you by!

Key facts

• Move-in ready
• Proven rental income
• Central a/c

Tags

• NEW ROOF
• CENTRAL A/C
• MOVE-IN READY
• LOW-MAINTENANCE PROPERTY
• PROVEN RENTAL INCOME
• HIGH-DEMAND AREA

Property features AI

Finance

• Other: Lot approximately 0.13 acres (50 x 114); Total rooms: 7; Unfurnished
• Financial info: No lease restrictions; Tax information not included per instructions
• HOA & community: No HOA

Exterior

• Parking: No specific parking details provided
• Security: No security features listed
• Utilities: Public water; Public sewer; Cable available; Electricity connected; Water connected; Sewer connected
• Home design: Single-family residence; One story; Faces north; Residential property
• Construction: Block and stucco construction; Shingle roof; Built on a slab foundation; Built area approximately 1,099 square feet
• Exterior features: Other exterior features; Asphalt road access

Interior

• Kitchen: Built-in oven; Dishwasher; Disposal; Microwave
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile; Living area on slab foundation
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $229k.

Deal economics

• At list price, monthly cash flow is $-66 ($-790/yr) — negative.
• To cash-flow at today's rent, offer at most $217k (5.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $186k (19.0% below list).
• Recommended offer: $186k (19.0% below list) — sets the bar for 1% rule.
• Cap rate 5.9% 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 falling (-3.5%/yr); 217 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 37% of the median local income ($60k/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.
• 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 66 days — a 6% lower offer ($215k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 10y 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 $50k; list at $229k implies a 358% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1946 — 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 $185,514 (19.0% 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. It's been on market 66 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.81% ✗
• Cap rate: 5.95%
• Cash-on-cash: -1.23%
• DSCR: 0.95
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $115,128
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1117 15th Ave NW	0.34mi	2/1.0 (-1)	712 (+1%)	8mo	$117,000	$164	70
722 Seneca St	0.45mi	2/1.5 (-1)	756 (+8%)	5mo	$100,000	$132	55

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: -21.6%
• Equity multiple: 0.27×
• Total profit: $-46,739
• Equity at exit: $34,145

10-year hold

• IRR: -24.4%
• Equity multiple: -0.05×
• Total profit: $-67,121
• 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 33770

• Rents YoY: -3.5%
• Active inventory: 217
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $1,855 high
• Mortgage (P&I): −$1,201
• Tax from tax record: −$235 /mo · $2,821/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$390
• Net cashflow: $-66

Break-even live

Break-even rent $1,938

Max offer price $217,376

Occupancy floor 99%

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 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
556 Clearwater Largo Rd Unit 1 Largo, FL	2.0	1.0	750	$1,600	$2.13	2d	1	0.58mi
1632 Clearwater Largo Rd Clearwater, FL	3.0	1.0–2.0	961	$2,899	$3.02	2d	25	0.64mi
1587 Scranton Ave Unit B Clearwater, FL	2.0	1.0	665	$1,450	$2.18	24d	1	0.64mi
1552 S Myrtle Ave Clearwater, FL	2.0	1.5	750	$1,750	$2.33	15d	1	0.75mi
1538 S Martin Luther King Jr Ave Clearwater, FL	2.0	1.0	650	$1,625	$2.50	24d	1	0.77mi
401 Rosery Rd NE Largo, FL	2.0	1.0–2.0	850	$1,879	$2.21	2d	31	0.79mi
1516 Carmel Ave Clearwater, FL	2.0	1.0	740	$1,650	$2.23	4d	1	0.84mi
1500 West Bay Dr Largo, FL	2.0	1.0	740	$1,595	$2.16	15d	1	1.08mi
157 2nd Ave SW Unit A Largo, FL	2.0	1.0	678	$1,600	$2.36	24d	1	1.10mi
1119 Tuskawilla Dr Clearwater, FL	2.0	1.0	603	$1,500	$2.49	2d	23	1.44mi

Listing history 25 events

1. 2026-06-18
   days on market $229,000 Active 66 DOM
2. 2026-06-17
   days on market $229,000 Active 65 DOM
3. 2026-06-16
   days on market $229,000 Active 64 DOM
4. 2026-06-15
   days on market $229,000 Active 63 DOM
5. 2026-06-13
   days on market $229,000 Active 61 DOM
6. 2026-06-09
   days on market $229,000 Active 57 DOM
7. 2026-06-08
   days on market $229,000 Active 56 DOM
8. 2026-06-07
   days on market $229,000 Active 55 DOM
9. 2026-06-04
   days on market $229,000 Active 52 DOM
10. 2026-06-03
    days on market $229,000 Active 51 DOM
11. 2026-06-01
    days on market $229,000 Active 49 DOM
12. 2026-05-31
    days on market $229,000 Active 48 DOM
13. 2026-05-13
    status Active
14. 2026-05-01
    status Pending
15. 2026-04-01
    listed $229,000 Active
16. 2016-11-29
    soldstatus $50,000
17. 2016-11-28
    soldstatus $50,000 Sold 413-char remark

    Show marketing remark (413 chars)

    Opportunity awaits! 1 Bedroom/1 Bathroom home in Largo just minutes away from the beach! This home has an updated kitchen; it is just waiting for its next owner to finish the rest. Tiled flooring throughout with attached laundry/storage room. Big master bedroom with a walk in closet. Great sized lot with a lot of naturally landscaped privacy with no current deed restrictions! Don’t let this pass you by!

18. 2016-11-14
    status Pending 413-char remark

    Show marketing remark (413 chars)

    Opportunity awaits! 1 Bedroom/1 Bathroom home in Largo just minutes away from the beach! This home has an updated kitchen; it is just waiting for its next owner to finish the rest. Tiled flooring throughout with attached laundry/storage room. Big master bedroom with a walk in closet. Great sized lot with a lot of naturally landscaped privacy with no current deed restrictions! Don’t let this pass you by!

19. 2016-11-08
    price $55,000 413-char remark

    Show marketing remark (413 chars)

    Opportunity awaits! 1 Bedroom/1 Bathroom home in Largo just minutes away from the beach! This home has an updated kitchen; it is just waiting for its next owner to finish the rest. Tiled flooring throughout with attached laundry/storage room. Big master bedroom with a walk in closet. Great sized lot with a lot of naturally landscaped privacy with no current deed restrictions! Don’t let this pass you by!

20. 2016-11-08
    status Active 413-char remark

    Show marketing remark (413 chars)

    Opportunity awaits! 1 Bedroom/1 Bathroom home in Largo just minutes away from the beach! This home has an updated kitchen; it is just waiting for its next owner to finish the rest. Tiled flooring throughout with attached laundry/storage room. Big master bedroom with a walk in closet. Great sized lot with a lot of naturally landscaped privacy with no current deed restrictions! Don’t let this pass you by!

21. 2016-08-18
    historical 413-char remark

    Show marketing remark (413 chars)

    Opportunity awaits! 1 Bedroom/1 Bathroom home in Largo just minutes away from the beach! This home has an updated kitchen; it is just waiting for its next owner to finish the rest. Tiled flooring throughout with attached laundry/storage room. Big master bedroom with a walk in closet. Great sized lot with a lot of naturally landscaped privacy with no current deed restrictions! Don’t let this pass you by!

22. 2016-08-17
    status Active 413-char remark

    Show marketing remark (413 chars)

    Opportunity awaits! 1 Bedroom/1 Bathroom home in Largo just minutes away from the beach! This home has an updated kitchen; it is just waiting for its next owner to finish the rest. Tiled flooring throughout with attached laundry/storage room. Big master bedroom with a walk in closet. Great sized lot with a lot of naturally landscaped privacy with no current deed restrictions! Don’t let this pass you by!

23. 2016-08-11
    historical Contingent - Inspections 413-char remark

    Show marketing remark (413 chars)

    Opportunity awaits! 1 Bedroom/1 Bathroom home in Largo just minutes away from the beach! This home has an updated kitchen; it is just waiting for its next owner to finish the rest. Tiled flooring throughout with attached laundry/storage room. Big master bedroom with a walk in closet. Great sized lot with a lot of naturally landscaped privacy with no current deed restrictions! Don’t let this pass you by!

24. 2016-08-09
    listed $50,000 Active 413-char remark

    Show marketing remark (413 chars)

    Opportunity awaits! 1 Bedroom/1 Bathroom home in Largo just minutes away from the beach! This home has an updated kitchen; it is just waiting for its next owner to finish the rest. Tiled flooring throughout with attached laundry/storage room. Big master bedroom with a walk in closet. Great sized lot with a lot of naturally landscaped privacy with no current deed restrictions! Don’t let this pass you by!

25. 1994-04-28
    soldstatus $34,900

ⓘ 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: $2,821 · $235/mo
• Projected year-2 tax: $2,821 · $235/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 ≥108°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: $22,262
• − Mortgage interest: −$12,828
• − Property taxes: −$2,821
• − Insurance: −$1,145
• − Repairs & maintenance: −$1,781
• − Management: −$1,781
• − Depreciation: −$6,662
• Taxable loss: −$4,755
• Est. tax savings @ 24.0%: +$1,141
• After-tax cash flow: $352/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): 25,368
• Household income: $59,815
• Rent vs Own: 38.3% rent · 61.7% own
• Severe rent burden: 1404.0

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 (75%)
• Race & ethnicity: White 75% Hispanic / Latino 11% Two or more races 9% Black 8% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3% Cuban 2%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 2%
• Foreign-born: 9% · Canada, Jamaica
• Languages at home: 89% English-only · Spanish 5% Other Indo-European 2% German/W. Germanic 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: ▼ -317.05%
• Current HPI: 353.8484
• Rent YoY: ▼ -3.47%
• 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

+556.2% since first listed

13 events — show timeline

• 2026-05-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-01 Listed $229,000 Stellar MLS as Distributed by MLS Grid
• 2016-11-29 Sold (Public Records) $50,000 Public Records
• 2016-11-28 Sold (MLS) $50,000 Stellar MLS as Distributed by MLS Grid
• 2016-11-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-11-08 Relisted — Stellar MLS as Distributed by MLS Grid
• 2016-11-08 Price Changed $55,000 Stellar MLS as Distributed by MLS Grid
• 2016-08-18 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-08-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2016-08-11 Contingent — Stellar MLS as Distributed by MLS Grid
• 2016-08-09 Listed $50,000 Stellar MLS as Distributed by MLS Grid
• 1994-04-28 Sold (Public Records) $34,900 Public Records

Property tax history

+11.8%/yr

Latest (2025): $2,821 · +12.5% YoY. Source: county tax records.