29250 US Highway 19 N #135 · Clearwater, FL 33761

$139,000

2 bd · 2.0 ba · 1,224 sqft · Manufactured public records · 88 Days on market

Built 1974 Est $197k · 29% under $238/mo HOA · 13% of rent

---

Why this score? — see what drove the B- 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 +22.4/30.0
• ARV discount +15.0/15.0
• 1% rule +8.0/10.0
• DSCR +7.2/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Discover an exciting opportunity in Doral Village, a friendly 55+ gated community where an active and carefree lifestyle awaits! This spacious 2-bedroom, 2-bathroom home offers over 1,200 square feet of comfortable living, giving you plenty of room to relax and entertain. Pet lovers will appreciate that up to two cats are welcome, making it easy to bring your furry companions along. With a reasonable monthly maintenance fee of just $238.00 covering water, sewer, garbage, and lawn care, you can enjoy worry-free days and low-maintenance living. The community is alive with energy, offering a wide variety of activities to keep you engaged—from a heated swimming pool and soothing hot tub t

Key facts

• Gated community
• Shuffleboard courts
• Soothing hot tub

Tags

• GATED COMMUNITY
• HEATED SWIMMING POOL
• SOOTHING HOT TUB
• BILLIARDS ROOM
• SHUFFLEBOARD COURTS
• PARTIALLY FURNISHED RESIDENCE

Property features AI

Finance

• Other: Partially furnished
• Financial info: Total monthly fees approximately $238; total annual fees approximately $2,856; Lease/restrictions apply
• HOA & community: Monthly HOA fee of $238; Association fee includes: pool, sewer, water, trash, management, maintenance of grounds, recreational facilities, escrow reserves; Association amenities: clubhouse, pool, spa/hot tub, tennis courts, pickleball courts, basketball court, shuffleboard court, recreation facilities, laundry; Buyer/association approval required; Senior community; Pets allowed (cats; limits apply); Golf carts allowed; Sidewalks and community recreation owned

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer; Electricity available and connected; Water connected; Sewer connected; Cable available and connected; Broadband/high-speed internet available
• Home design: Residential mobile home (double wide); One level; Faces west
• Construction: Vinyl siding; Roof over; Crawlspace foundation
• Exterior features: Enclosed patio/porch (Florida room); Private mailbox; Sidewalks; Paved lot; Asphalt road access

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Ceiling fans; Eat-in kitchen; Living room/dining room combo; Thermostat; Window treatments; Double pane windows
• Laundry & utility: Washer; Dryer; Laundry in garage; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $139k.

Deal economics

• At list price, monthly cash flow is $107 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $139k).
• Recommended offer: $131k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 2.9% in Clearwater — 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 (#60 in FL, #988 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, employment C-.
• 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 flat; 201 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $961 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 88 days — a 6% lower offer ($131k) 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); 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 $130,659 (6.0% below list)

Questions for the listing agent

1. It's been on market 88 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.30% ✓
• Cap rate: 8.29%
• Cash-on-cash: 7.15%
• DSCR: 1.32
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $197,064
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
29250 US Highway 19 N #403	0.00mi	2/2.0	1,303 (+6%)	5mo	$250,000	$192	85
29250 US Highway 19 N #101	0.00mi	2/2.0	1,344 (+10%)	3mo	$135,000	$100	81
29250 US Highway 19 N #446	0.00mi	2/2.0	1,056 (-14%)	3mo	$140,000	$133	74
29250 US Highway 19 N #555	0.00mi	2/2.0	1,056 (-14%)	12mo	$170,000	$161	67

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 · 0.11% rent growth · sell at horizon

5-year hold

• IRR: -15.4%
• Equity multiple: 0.47×
• Total profit: $-20,603
• Equity at exit: $20,725

10-year hold

• IRR: -15.4%
• Equity multiple: 0.28×
• Total profit: $-28,001
• Equity at exit: $12,018

Cash invested: $38,920 (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 33761

• Rents YoY: 0.1%
• Active inventory: 201
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,811 high
• Mortgage (P&I): −$729
• Tax est. 1.5%: −$174 /mo · $2,085/yr
• Insurance: −$58
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$238
• Vacancy / Maint / Mgmt: −$380
• Net cashflow: $107

Break-even live

Break-even rent $1,676

Max offer price $139,000

Occupancy floor 89%

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2228 Richter St Unit A Dunedin, FL	2.0	2.0	1225	$1,900	$1.55	24d	1	0.35mi
28488 U.S. 19 Unit 150 Clearwater, FL	3.0	1.5	990	$1,500	$1.52	11d	1	0.40mi
2500 Winding Creek Blvd Unit C205 Clearwater, FL	2.0	2.0	946	$1,700	$1.80	4d	1	0.42mi
2500 Winding Creek Blvd Clearwater, FL	1.0–2.0	1.0–2.0	812	$1,700	$2.09	2d	3	0.43mi
2500 Winding Creek Blvd Clearwater, FL	2.0	2.0	946	$1,675	$1.77	3d	2	0.43mi
3052 Park Ln Unit B Dunedin, FL	2.0	1.0	821	$1,700	$2.07	24d	1	0.49mi
3055 Belcher Rd Dunedin, FL	2.0	1.0	750	$1,345	$1.79	22d	1	0.51mi
2971 Estancia Blvd #321 Clearwater, FL	2.0	2.0	995	$1,975	$1.98	4d	1	0.56mi
373 Majesty Dr Unit 373 Clearwater, FL	2.0	2.0	1200	$1,600	$1.33	24d	1	0.60mi
2999 Fieldbrook Pl Clearwater, FL	2.0	2.0	1164	$2,300	$1.98	24d	1	0.68mi
305 Hammock Pine Blvd #305 Clearwater, FL	1.0	1.5	760	$1,500	$1.97	24d	1	0.69mi
2307 Cumberland Cir Clearwater, FL	1.0–2.0	1.0–2.0	873	$2,099	$2.40	3d	15	0.92mi
2780 Cypress Dr Unit A Clearwater, FL	2.0	1.0	900	$1,749	$1.94	22d	1	1.01mi
2780 Park Dr Unit D 4 Clearwater, FL	2.0	1.5	900	$1,625	$1.81	24d	1	1.05mi
1430 Heather Ridge Blvd #304 Dunedin, FL	1.0	1.0	915	$1,500	$1.64	24d	1	1.16mi
762 Barbara St Palm Harbor, FL	2.0	2.0	1146	$2,200	$1.92	24d	1	1.25mi
1515 County Road 1 Dunedin, FL	1.0–2.0	1.0	719	$1,750	$2.43	7d	1	1.36mi
2673 Sabal Springs Cir #201 Clearwater, FL	1.0	1.5	805	$2,675	$3.32	7d	1	1.36mi
3610 Sammy Ct Palm Harbor, FL	2.0	1.0	797	$2,000	$2.51	4d	1	1.39mi
2257 Palmwood Dr Dunedin, FL	3.0	2.0	1150	$2,475	$2.15	4d	1	1.42mi
3460 Countryside Blvd #60 Clearwater, FL	2.0	2.5	1349	$2,500	$1.85	7d	1	1.45mi
1454 Michigan Blvd Dunedin, FL	2.0	1.0	1000	$2,300	$2.30	4d	1	1.47mi

HOA detail

• Monthly dues: $238 · $2,856/yr
• Likely covers: watersewertrashlandscapingpoolsecurity

Listing history 16 events

1. 2026-06-18
   days on market $139,000 Active 88 DOM
2. 2026-06-17
   days on market $139,000 Active 87 DOM
3. 2026-06-16
   days on market $139,000 Active 86 DOM
4. 2026-06-15
   days on market $139,000 Active 85 DOM
5. 2026-06-13
   days on market $139,000 Active 83 DOM
6. 2026-06-09
   days on market $139,000 Active 79 DOM
7. 2026-06-08
   days on market $139,000 Active 78 DOM
8. 2026-06-07
   days on market $139,000 Active 77 DOM
9. 2026-06-04
   days on market $139,000 Active 74 DOM
10. 2026-06-03
    days on market $139,000 Active 73 DOM
11. 2026-06-01
    days on market $139,000 Active 71 DOM
12. 2026-05-31
    days on market $139,000 Active 70 DOM
13. 2026-04-08
    status Active
14. 2026-04-05
    status Pending
15. 2026-03-20
    listed $139,900 Active
16. 2026-03-20
    price $139,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone A · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 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: $21,727
• − Mortgage interest: −$7,786
• − Property taxes: −$2,085
• − Insurance: −$2,198
• − Repairs & maintenance: −$1,738
• − Management: −$1,738
• − HOA: −$2,856
• − Depreciation: −$4,044
• Taxable loss: −$717
• Est. tax savings @ 24.0%: +$172
• After-tax cash flow: $1,451/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 — Clearwater

• Score: 82/100
• State rank: #60
• US rank: #988

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pinellas County · 939,478 people
• City population: 170,933
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 18,290
• Household income: $74,728
• Rent vs Own: 20.2% rent · 79.8% own
• Severe rent burden: 336.0

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 (86%)
• Race & ethnicity: White 86% Hispanic / Latino 7% Two or more races 6% Asian 4%
• Hispanic origin (detail): Puerto Rican 1% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 4% Italian 2%
• Foreign-born: 15% · Canada, Jamaica, Vietnam
• Languages at home: 83% English-only · Spanish 5% Russian/Polish/Slavic 4% Other Indo-European 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: ▼ -316.31%
• Current HPI: 281.6948
• Rent YoY: ▲ 0.11%
• 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

+0.6% since first listed

4 events — show timeline

• 2026-04-08 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-05 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-20 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-20 Price Changed $139,000 Stellar MLS as Distributed by MLS Grid

Property tax history

-7.0%/yr

Latest (2025): $273 · +11.9% YoY. Source: county tax records.