7608 Redcoat Ave · Bayonet Point, FL
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.22%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 27 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- Cash flow +13.6/30.0
- Schools +4.3/10.0
- DSCR +4.1/10.0
- Livability +3.5/5.0
- 1% rule +3.4/10.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$199,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
OPEN, LIGHT and BRIGHT HOME with NO HOA situated on a LARGE CORNER LOT with plenty of room for all of your toys. MOVE RIGHT IN to this Beautiful 2-bedroom, 2-bathroom home with an attached 1 car garage. This home has VAULTED CEILINGS in the Living and Dining area and has tons of NATURAL LIGHT filtering in. LIVING and DINING room has an OPEN CONCEPT and there is a screened lanai for enjoying the outdoors. The seller uses this space for gym area, but this could be a nice covered sitting area as well. Kitchen includes NEW APPLIANCES. Enjoy outdoor living in the very SPACIOUS and PRIVATE rear yard with plenty of room for whatever you'd like to add. There is a raised garden box in the backyard and yard is also partially fenced. The home has an Updated 200 AMP breaker box. This is ready for you to call home! Get this one while you can. AC is 2017 and Roof is 10 years old.
Key facts
- Ample outdoor space
- Conveniently located
- 9,467 sq ft lot
Tags
Property features AI
Finance
- Other: Homestead exempt; No lease restrictions; Unfurnished
- HOA & community: No HOA association indicated; No association approval required
Exterior
- Parking: Attached garage (1 car)
- Utilities: Public water; Public sewer; Electricity connected; Cable connected; Broadband/high-speed internet available; Water connected; Sewer connected
- Home design: Single family residence; One story; Home faces north; Residential property
- Construction: Block and stucco construction; Shingle roof; Slab foundation; Built on 0.22-acre lot
- Exterior features: Sliding doors; Paved road access
Interior
- Kitchen: Refrigerator; Range; Microwave
- Bedrooms: 2 bedrooms
- Flooring: Carpet; Terrazzo
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Ceiling fans; Eat-in kitchen; High ceilings; Living room/dining room combo; Thermostat
- Laundry & utility: Washer; Dryer; Laundry located in garage
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath single-family listed at $199k.
Deal economics
- At list price, monthly cash flow is $11 ($130/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 $168k (15.6% below list).
- Recommended offer: $168k (15.6% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 69/100 on livability (#485 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, amenities D+, schools F.
- Pasco (suburban): math 50% / reading 52% proficiency, ranked #32 of 73 in FL (top 44%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents rising (+1.3%/yr); 577 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).
- This rent runs 43% of the median local income ($47k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Pasco County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
- 7 sale attempts since 6y ago; this cycle's ask has dropped $11k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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?
- 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.
- 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.
- 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
- 0.84% ✗
- Cap rate
- 6.36%
- Cash-on-cash
- 0.23%
- DSCR
- 1.01
- GRM
- 9.9
CMA / ARV
- ARV (on-the-fly)
- $241,286
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 10528 Cymbid Dr | 0.12mi | 2/2.0 | 1,082 (0%) | 2mo | $255,000 | $236 | 93 |
| 10638 Oak Hill Dr | 0.19mi | 2/2.0 | 1,060 (-2%) | 1mo | $205,000 | $193 | 86 |
| 7835 Lotus Dr | 0.30mi | 3/2.0 (+1) | 1,087 (+0%) | 1mo | $269,900 | $248 | 79 |
| 7521 Coventry Dr | 0.21mi | 2/1.0 | 1,032 (-5%) | 1mo | $230,000 | $223 | 78 |
| 10433 Laburnum Dr | 0.35mi | 2/2.0 | 1,118 (+3%) | 0mo | $275,000 | $246 | 78 |
| 7322 Orange Blossom Ave | 0.28mi | 2/2.0 | 1,135 (+5%) | 2mo | $245,000 | $216 | 77 |
| 10126 Hoop Ct | 0.43mi | 2/2.0 | 1,135 (+5%) | 1mo | $274,000 | $241 | 71 |
| 11230 Rhonda Ave | 0.71mi | 2/2.0 | 1,046 (-3%) | 1mo | $130,000 | $124 | 60 |
| 11014 Grant Dr | 0.57mi | 3/2.0 (+1) | 1,142 (+6%) | 1mo | $245,000 | $215 | 58 |
| 10320 County Lake Dr | 0.66mi | 3/2.0 (+1) | 1,032 (-5%) | 0mo | $238,400 | $231 | 56 |
| 10018 Kingswood Ln | 0.61mi | 3/2.0 (+1) | 1,222 (+13%) | 2mo | $264,900 | $217 | 44 |
| 10206 Willow Dr | 0.60mi | 3/2.0 (+1) | 1,240 (+15%) | 2mo | $270,000 | $218 | 41 |
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 · 1.28% rent growth · sell at horizon
- IRR
- -17.8%
- Equity multiple
- 0.38×
- Total profit
- $-34,424
- Equity at exit
- $29,672
- IRR
- -13.5%
- Equity multiple
- 0.27×
- Total profit
- $-40,462
- Equity at exit
- $17,206
Cash invested: $55,720 (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
ZIP-level market 34668
- Home prices YoY
- -17.4%
- Rents YoY
- 1.3%
- Active inventory
- 577
- Price-to-rent
- 9.9×
Monthly cashflow live
- Estimated rent
- $1,680 high interval (Pro) →
- Mortgage (P&I)
- −$1,044
- Tax from tax record
- −$190 /mo · $2,282/yr
- Insurance
- −$83
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$353
- Net cashflow
- $11
Break-even live
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
- $49,750
- Closing costs
- $5,970
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 10629 Cymbid Dr Port Richey, FL | 3.0 | 2.0 | 1400 | $1,700 | $1.21 | 24d | 1 | 0.12mi |
| 7416 Star Dust Dr Port Richey, FL | 3.0 | 2.0 | 1300 | $1,650 | $1.27 | 21d | 1 | 0.18mi |
| 7808 Talisman Dr Port Richey, FL | 3.0 | 2.0 | 1063 | $2,100 | $1.98 | 24d | 1 | 0.20mi |
| 7438 Coventry Dr Port Richey, FL | 2.0 | 1.0 | 985 | $1,600 | $1.62 | 12d | 1 | 0.21mi |
| 10401 Oleander Dr Port Richey, FL | 2.0 | 1.0 | 887 | $1,250 | $1.41 | 24d | 1 | 0.22mi |
| 10803 Hyssop St Port Richey, FL | 3.0 | 1.0 | 1120 | $1,500 | $1.34 | 10d | 1 | 0.26mi |
| 7839 Canna Dr Port Richey, FL | 2.0 | 2.0 | 1095 | $1,450 | $1.32 | 10d | 1 | 0.27mi |
| 10905 Kingsbridge Rd Port Richey, FL | 3.0 | 2.0 | 1176 | $1,566 | $1.33 | 4d | 1 | 0.32mi |
| 10801 Oldham Rd Port Richey, FL | 2.0 | 2.0 | 1182 | $1,500 | $1.27 | 1d | 1 | 0.32mi |
| 10303 Gardenia Ln Port Richey, FL | 3.0 | 2.0 | 1054 | $1,950 | $1.85 | 24d | 1 | 0.35mi |
| 10802 Laburnum Dr Port Richey, FL | 2.0 | 2.0 | 1002 | $1,545 | $1.54 | 24d | 1 | 0.37mi |
| 10632 Laburnum Dr Port Richey, FL | 2.0 | 2.0 | 1193 | $1,583 | $1.33 | 24d | 1 | 0.37mi |
| 10502 Laburnum Dr Port Richey, FL | 2.0 | 2.0 | 1002 | $1,545 | $1.54 | 24d | 1 | 0.37mi |
| 10225 Gardenia Ln Port Richey, FL | 3.0 | 1.0 | 1042 | $1,495 | $1.43 | 14d | 1 | 0.39mi |
| 10816 Piccadilly Rd Port Richey, FL | 3.0 | 2.0 | 1408 | $1,550 | $1.10 | 12d | 1 | 0.40mi |
| 8024 Las Cruces Ct Port Richey, FL | 2.0 | 2.0 | 1371 | $1,900 | $1.39 | 24d | 1 | 0.49mi |
| 7202 Palisade Dr Port Richey, FL | 2.0 | 2.0 | 1310 | $1,100 | $0.84 | 23d | 1 | 0.51mi |
| 7705 Ilex Dr Port Richey, FL | 3.0 | 2.0 | 1349 | $2,000 | $1.48 | 24d | 1 | 0.53mi |
| 7540 Venice Dr Port Richey, FL | 3.0 | 2.0 | 1394 | $1,775 | $1.27 | 4d | 1 | 0.58mi |
| 11103 Harding Dr Unit 2 Port Richey, FL | 2.0 | 1.0 | 760 | $1,450 | $1.91 | 19d | 1 | 0.58mi |
| 11031 Hassle Ave Port Richey, FL | 3.0 | 1.0 | 1006 | $1,595 | $1.59 | 24d | 1 | 0.67mi |
| 8019 Portage Dr Port Richey, FL | 2.0 | 2.0 | 1078 | $2,000 | $1.86 | 16d | 1 | 0.70mi |
| 7213 Seward Dr Port Richey, FL | 2.0 | 1.0 | 700 | $1,500 | $2.14 | 24d | 1 | 0.70mi |
| 11138 Yellowwood Ln Unit NA Port Richey, FL | 3.0 | 1.0 | 1000 | $1,800 | $1.80 | 24d | 1 | 0.70mi |
| 11241 Yewtree Ave Port Richey, FL | 3.0 | 2.0 | 1306 | $1,950 | $1.49 | 23d | 1 | 0.71mi |
| 10110 Cherry Creek Ln Port Richey, FL | 3.0 | 1.0 | 1260 | $1,600 | $1.27 | 4d | 1 | 0.75mi |
| 10825 Scenic Dr Port Richey, FL | 2.0 | 1.5 | 1140 | $1,450 | $1.27 | 10d | 1 | 0.75mi |
| 7531 Greybirch Ter Port Richey, FL | 3.0 | 2.0 | 1400 | $2,000 | $1.43 | 24d | 1 | 0.76mi |
| 7520 Hawthorn Dr Port Richey, FL | 2.0 | 2.0 | 1303 | $1,800 | $1.38 | 23d | 1 | 0.78mi |
| 7520 Hawthorn Dr Unit NA Port Richey, FL | 2.0 | 2.0 | 1303 | $1,900 | $1.46 | 24d | 1 | 0.78mi |
| 9820 Rainbow Ln Port Richey, FL | 2.0 | 1.0 | 1300 | $1,325 | $1.02 | 14d | 1 | 0.82mi |
| 8431 Duval Dr Port Richey, FL | 3.0 | 2.0 | 1408 | $1,731 | $1.23 | 4d | 1 | 0.86mi |
| 7530 Judith Cres Port Richey, FL | 2.0 | 2.0 | 1446 | $2,200 | $1.52 | 24d | 1 | 0.86mi |
| 7530 Judith Cres Port Richey, FL | 2.0 | 2.0 | 1446 | $1,695 | $1.17 | 20d | 1 | 0.86mi |
| 7040 Brentwood Dr Unit NA Port Richey, FL | 2.0 | 1.0 | 880 | $1,600 | $1.82 | 20d | 1 | 0.87mi |
| 10331 Flagship Ave Port Richey, FL | 3.0 | 2.0 | 1400 | $2,000 | $1.43 | 24d | 1 | 0.88mi |
| 7804 Topay Ln Port Richey, FL | 3.0 | 2.0 | 1125 | $1,811 | $1.61 | 4d | 1 | 0.93mi |
| 7224 Potomac Dr Port Richey, FL | 3.0 | 2.0 | 1208 | $1,595 | $1.32 | 24d | 1 | 0.93mi |
| 7608 Sue Ellen Dr Port Richey, FL | 3.0 | 2.0 | 1310 | $2,400 | $1.83 | 24d | 1 | 0.95mi |
| 8161 Braddock Cir #1 Port Richey, FL | 2.0 | 2.0 | 1000 | $1,595 | $1.59 | 17d | 1 | 0.95mi |
Listing history 24 events
-
2026-06-19pricedays on market $199,000 Active 1 DOM
-
2026-06-04days on market $210,000 Active 87 DOM
-
2026-06-03days on market $210,000 Active 86 DOM
-
2026-06-02days on market $210,000 Active 85 DOM
-
2026-06-01days on market $210,000 Active 84 DOM
-
2026-05-31days on market $210,000 Active 83 DOM
-
2026-04-09status Active
-
2026-01-13status Pending
-
2025-12-13$210,000 Active
-
2022-08-19soldstatus $225,000
-
2022-08-18soldstatus $225,000 Closed 879-char remark
Show marketing remark (879 chars)
OPEN, LIGHT and BRIGHT HOME with NO HOA situated on a LARGE CORNER LOT with plenty of room for all of your toys. MOVE RIGHT IN to this Beautiful 2-bedroom, 2-bathroom home with an attached 1 car garage. This home has VAULTED CEILINGS in the Living and Dining area and has tons of NATURAL LIGHT filtering in. LIVING and DINING room has an OPEN CONCEPT and there is a screened lanai for enjoying the outdoors. The seller uses this space for gym area, but this could be a nice covered sitting area as well. Kitchen includes NEW APPLIANCES. Enjoy outdoor living in the very SPACIOUS and PRIVATE rear yard with plenty of room for whatever you'd like to add. There is a raised garden box in the backyard and yard is also partially fenced. The home has an Updated 200 AMP breaker box. This is ready for you to call home! Get this one while you can. AC is 2017 and Roof is 10 years old.
-
2022-07-19status Pending 879-char remark
Show marketing remark (879 chars)
OPEN, LIGHT and BRIGHT HOME with NO HOA situated on a LARGE CORNER LOT with plenty of room for all of your toys. MOVE RIGHT IN to this Beautiful 2-bedroom, 2-bathroom home with an attached 1 car garage. This home has VAULTED CEILINGS in the Living and Dining area and has tons of NATURAL LIGHT filtering in. LIVING and DINING room has an OPEN CONCEPT and there is a screened lanai for enjoying the outdoors. The seller uses this space for gym area, but this could be a nice covered sitting area as well. Kitchen includes NEW APPLIANCES. Enjoy outdoor living in the very SPACIOUS and PRIVATE rear yard with plenty of room for whatever you'd like to add. There is a raised garden box in the backyard and yard is also partially fenced. The home has an Updated 200 AMP breaker box. This is ready for you to call home! Get this one while you can. AC is 2017 and Roof is 10 years old.
-
2022-07-13status Active 879-char remark
Show marketing remark (879 chars)
OPEN, LIGHT and BRIGHT HOME with NO HOA situated on a LARGE CORNER LOT with plenty of room for all of your toys. MOVE RIGHT IN to this Beautiful 2-bedroom, 2-bathroom home with an attached 1 car garage. This home has VAULTED CEILINGS in the Living and Dining area and has tons of NATURAL LIGHT filtering in. LIVING and DINING room has an OPEN CONCEPT and there is a screened lanai for enjoying the outdoors. The seller uses this space for gym area, but this could be a nice covered sitting area as well. Kitchen includes NEW APPLIANCES. Enjoy outdoor living in the very SPACIOUS and PRIVATE rear yard with plenty of room for whatever you'd like to add. There is a raised garden box in the backyard and yard is also partially fenced. The home has an Updated 200 AMP breaker box. This is ready for you to call home! Get this one while you can. AC is 2017 and Roof is 10 years old.
-
2022-07-07status Pending 879-char remark
Show marketing remark (879 chars)
OPEN, LIGHT and BRIGHT HOME with NO HOA situated on a LARGE CORNER LOT with plenty of room for all of your toys. MOVE RIGHT IN to this Beautiful 2-bedroom, 2-bathroom home with an attached 1 car garage. This home has VAULTED CEILINGS in the Living and Dining area and has tons of NATURAL LIGHT filtering in. LIVING and DINING room has an OPEN CONCEPT and there is a screened lanai for enjoying the outdoors. The seller uses this space for gym area, but this could be a nice covered sitting area as well. Kitchen includes NEW APPLIANCES. Enjoy outdoor living in the very SPACIOUS and PRIVATE rear yard with plenty of room for whatever you'd like to add. There is a raised garden box in the backyard and yard is also partially fenced. The home has an Updated 200 AMP breaker box. This is ready for you to call home! Get this one while you can. AC is 2017 and Roof is 10 years old.
-
2022-07-06status Active 879-char remark
Show marketing remark (879 chars)
OPEN, LIGHT and BRIGHT HOME with NO HOA situated on a LARGE CORNER LOT with plenty of room for all of your toys. MOVE RIGHT IN to this Beautiful 2-bedroom, 2-bathroom home with an attached 1 car garage. This home has VAULTED CEILINGS in the Living and Dining area and has tons of NATURAL LIGHT filtering in. LIVING and DINING room has an OPEN CONCEPT and there is a screened lanai for enjoying the outdoors. The seller uses this space for gym area, but this could be a nice covered sitting area as well. Kitchen includes NEW APPLIANCES. Enjoy outdoor living in the very SPACIOUS and PRIVATE rear yard with plenty of room for whatever you'd like to add. There is a raised garden box in the backyard and yard is also partially fenced. The home has an Updated 200 AMP breaker box. This is ready for you to call home! Get this one while you can. AC is 2017 and Roof is 10 years old.
-
2022-07-04status Pending 879-char remark
Show marketing remark (879 chars)
OPEN, LIGHT and BRIGHT HOME with NO HOA situated on a LARGE CORNER LOT with plenty of room for all of your toys. MOVE RIGHT IN to this Beautiful 2-bedroom, 2-bathroom home with an attached 1 car garage. This home has VAULTED CEILINGS in the Living and Dining area and has tons of NATURAL LIGHT filtering in. LIVING and DINING room has an OPEN CONCEPT and there is a screened lanai for enjoying the outdoors. The seller uses this space for gym area, but this could be a nice covered sitting area as well. Kitchen includes NEW APPLIANCES. Enjoy outdoor living in the very SPACIOUS and PRIVATE rear yard with plenty of room for whatever you'd like to add. There is a raised garden box in the backyard and yard is also partially fenced. The home has an Updated 200 AMP breaker box. This is ready for you to call home! Get this one while you can. AC is 2017 and Roof is 10 years old.
-
2022-07-02$225,000 Active 879-char remark
Show marketing remark (879 chars)
OPEN, LIGHT and BRIGHT HOME with NO HOA situated on a LARGE CORNER LOT with plenty of room for all of your toys. MOVE RIGHT IN to this Beautiful 2-bedroom, 2-bathroom home with an attached 1 car garage. This home has VAULTED CEILINGS in the Living and Dining area and has tons of NATURAL LIGHT filtering in. LIVING and DINING room has an OPEN CONCEPT and there is a screened lanai for enjoying the outdoors. The seller uses this space for gym area, but this could be a nice covered sitting area as well. Kitchen includes NEW APPLIANCES. Enjoy outdoor living in the very SPACIOUS and PRIVATE rear yard with plenty of room for whatever you'd like to add. There is a raised garden box in the backyard and yard is also partially fenced. The home has an Updated 200 AMP breaker box. This is ready for you to call home! Get this one while you can. AC is 2017 and Roof is 10 years old.
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2022-06-24historical
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2022-06-17price $229,900
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2022-06-15$239,000 Active
-
2020-05-29soldstatus $104,000 Sold
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2020-05-22soldstatus $104,000
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2020-05-14status Pending
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2020-05-12$104,900 Active
ⓘ 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
- $2,282 · $190/mo
- Projected year-2 tax
- $2,282 · $190/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
- Wildfire 6/10 Major
- Heat 10/10 Extreme 7 d/yr ≥109°F today · 27 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $20,165
- − Mortgage interest
- −$11,147
- − Property taxes
- −$2,282
- − Insurance
- −$995
- − Repairs & maintenance
- −$1,613
- − Management
- −$1,613
- − Depreciation
- −$5,789
- Taxable loss
- −$3,275
- Est. tax savings @ 24.0%
- +$786
- After-tax cash flow
- $916/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
- Pasco
- NCES district ID
- 1201530
- Math proficiency
- 50% ▼ -10.00%
- Reading proficiency
- 52% ▼ -5.00%
- Median HH income
- $45,039
- Composite
- 43.14/100
- National rank
- #3074
- State rank
- #32 of 73 in FL
Livability — Bayonet Point
- Score
- 69/100
- State rank
- #485
- US rank
- #8934
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Bayonet Point, FL
- County
- Pasco County · 524,098 people
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Population (ZIP)
- 49,442
- Household income
- $47,401
- Rent vs Own
- Severe rent burden
- 2699.0
Population outlook (Pasco County) Hauer SSP2
- Today (2025)
- 570,045 people
- By 2030
- 605,844 · +6.3%
- By 2040
- 674,806 · +18.4%
- By 2050
- 736,022 · +29.1%
- By 2075
- 862,900 · +51.4%
- By 2100
- 906,364 · +59.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (70%)
- Race & ethnicity
- White 70% Hispanic / Latino 23% Two or more races 14% Black 4%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 10% Cuban 5% Dominican 1%
- Common ancestry
- Romanian 3% Lithuanian 3% Slovak 2%
- Foreign-born
- 11% · Canada, Jamaica
- Languages at home
- 82% English-only · Spanish 14% Other Indo-European 1% French/Haitian/Cajun 1%
Political lean MEDSL · Pasco
- 2024 margin
- Strong R (+25.2) · D 36.9% · R 62.1% · Other 1.0%
- 2008→2024 swing
- -21.6pp toward R · 2008: -3.6pp · 2024: -25.2pp
- All cycles
- 2024: R+25.2 2020: R+20.1 2016: R+21.6 2012: R+6.7 2008: R+3.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -75.64%
- Current HPI
- 359.7163
- Rent YoY
- ▲ 1.28%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+100.2% since first listed18 events — show timeline
- 2026-04-09 Relisted — Stellar MLS as Distributed by MLS Grid
- 2026-01-13 Pending — Stellar MLS as Distributed by MLS Grid
- 2025-12-13 Listed $210,000 Stellar MLS as Distributed by MLS Grid
- 2022-08-19 Sold (Public Records) $225,000 Public Records
- 2022-08-18 Sold (MLS) $225,000 Stellar MLS as Distributed by MLS Grid
- 2022-07-19 Pending — Stellar MLS as Distributed by MLS Grid
- 2022-07-13 Relisted — Stellar MLS as Distributed by MLS Grid
- 2022-07-07 Pending — Stellar MLS as Distributed by MLS Grid
- 2022-07-06 Relisted — Stellar MLS as Distributed by MLS Grid
- 2022-07-04 Pending — Stellar MLS as Distributed by MLS Grid
- 2022-07-02 Listed $225,000 Stellar MLS as Distributed by MLS Grid
- 2022-06-24 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2022-06-17 Price Changed $229,900 Stellar MLS as Distributed by MLS Grid
- 2022-06-15 Listed $239,000 Stellar MLS as Distributed by MLS Grid
- 2020-05-29 Sold (MLS) $104,000 Stellar MLS as Distributed by MLS Grid
- 2020-05-22 Sold (Public Records) $104,000 Public Records
- 2020-05-14 Pending — Stellar MLS as Distributed by MLS Grid
- 2020-05-12 Listed $104,900 Stellar MLS as Distributed by MLS Grid
Property tax history
+8.1%/yrLatest (2025): $2,282 · -5.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…