1714 Coppertree Dr · Tarpon Springs, FL 34689

$265,000

3 bd · 1.0 ba · 1,116 sqft · SingleFamily public records · 9 Days on market

Built 1974 6,006 sqft lot Est $310k · 15% under

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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 +20.7/30.0
• ARV discount +14.1/15.0
• DSCR +6.6/10.0
• 1% rule +4.4/10.0
• Schools +4.3/10.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Home of Considerable Convenience! Have no fear, This home is Near. .. . Major grocery stores, St Pete College, Museum of Art, Innisbrook golf resort, tarpon springs famous sponge docks, restaurants and Hospital. Within 15 minutes to beaches and boating. Just imagine yourself enjoying Florida's beautiful sunsets. Or enjoy a day at our nature parks. After a full day come home to your place to create more memories. The third bedroom is currently open to the master bedroom and is used as an office. Seller says she will have it converted back to third bedroom if buyers wants. Very well keep home. Your buyers will not be disappointed.

Key facts

• Quartz countertops
• Fred howard park
• Flood zone x

Tags

• UPDATED KITCHEN
• QUARTZ COUNTERTOPS
• WOOD LOOK TILE FLOORING
• IMPACT RATED WINDOWS
• FLOOD ZONE X
• FRED HOWARD PARK

Property features AI

Finance

• Other: Unfurnished; Paved road access
• Financial info: No lease restrictions
• HOA & community: No association fees; Pets allowed

Exterior

• Parking: Attached garage with space for 1 car
• Security: Smoke detectors
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Broadband/High-speed internet available; Water connected; Sewer connected
• Home design: Single family residence; One story; Faces east; Homesteaded
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Built with approximately 1,116 sq ft living area
• Exterior features: Exterior lighting; Sliding doors; Mature landscaping; Paved lot/driveway; Shed(s)

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Open floorplan; Living room/dining room combo; Solid wood cabinets; Blinds
• Laundry & utility: Dedicated laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $265k.

Deal economics

• At list price, monthly cash flow is $360 ($4k/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 $248k (6.3% below list).
• Recommended offer: $248k (6.3% below list) — sets the bar for 1% rule.
• Cap rate 7.9% vs local median 3.3% in Tarpon Springs — 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 68/100 on livability (#502 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A; Watch: employment C-, amenities F, commute 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.
• Zoned schools: Sunset Hills Elementary School (math 72% / reading 72%, grade A-, #288 of 2,144 statewide, top 15%, 451 students, 52% FRL); Tarpon Springs High School (math 30% / reading 47%, grade F, #321 of 667 statewide, top 49%, 1,139 students, 46% FRL) — zoned schools at 49% FRL track the district average.
• Market conditions: Rents soft (-1.2%/yr); 403 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 ($75k/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 $8k 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

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 18y ago; this cycle's ask is 6% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $98k; list at $265k implies a 169% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $248,358 (6.3% below list)

Questions for the listing agent

1. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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.
5. 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.
6. 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: 0.94% ✗
• Cap rate: 7.92%
• Cash-on-cash: 5.83%
• DSCR: 1.26
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $310,248
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1714 Coppertree Dr	0.00mi	3/1.0	1,116 (0%)	0mo	$262,500	$235	100
1111 Idlebriar Way	0.04mi	3/1.0	1,004 (-10%)	2mo	$260,000	$259	80
420 Crosswinds Dr	0.44mi	3/2.0	1,140 (+2%)	3mo	$325,000	$285	70
1507 Coppertree Dr	0.13mi	3/1.0	952 (-15%)	2mo	$265,000	$278	67
1870 Whispering Way	0.13mi	2/2.0 (-1)	1,173 (+5%)	11mo	$320,000	$273	67
1715 Cromwell Dr	0.22mi	2/2.0 (-1)	1,169 (+5%)	8mo	$325,000	$278	66
1611 Cromwell Dr	0.23mi	3/2.0	1,255 (+12%)	10mo	$331,000	$264	56
1403 Coppertree Dr	0.21mi	3/1.0	1,280 (+15%)	14mo	$299,900	$234	54
1315 Gulfview Woods Ln	0.68mi	3/2.0	1,172 (+5%)	2mo	$350,000	$299	54
55 Gulfwinds Dr	0.56mi	2/2.0 (-1)	1,044 (-6%)	2mo	$290,000	$278	52
415 Crosswinds Dr	0.40mi	2/2.0 (-1)	1,216 (+9%)	8mo	$579,000	$476	51
1129 Forbes Trce	0.61mi	2/2.0 (-1)	1,278 (+14%)	1mo	$338,000	$264	38

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: -10.4%
• Equity multiple: 0.63×
• Total profit: $-27,379
• Equity at exit: $39,512

10-year hold

• IRR: -5.4%
• Equity multiple: 0.69×
• Total profit: $-22,846
• Equity at exit: $22,912

Cash invested: $74,200 (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 34689

• Rents YoY: -1.2%
• Active inventory: 403
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,484 high
• Mortgage (P&I): −$1,390
• Tax from tax record: −$102 /mo · $1,220/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$522
• Net cashflow: $360

Break-even live

Break-even rent $2,028

Max offer price $265,000

Occupancy floor 80%

Sensitivity live

Price	-10% $510	-5% $435	+0% $360	+5% $285	+10% $210
Rent	-10% $164	-5% $262	+0% $360	+5% $458	+10% $556
Rate	-1.0pp $494	-0.5pp $428	base $360	+0.5pp $292	+1.0pp $222

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: $66,250
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1900 Whispering Way Tarpon Springs, FL	2.0	2.0	1173	$2,750	$2.34	4d	1	0.08mi
310 Westwinds Dr Palm Harbor, FL	2.0	1.0	1196	$2,500	$2.09	19d	1	0.19mi
211 Timberlane Dr Palm Harbor, FL	2.0	1.0	1422	$2,500	$1.76	5d	1	0.29mi
1805 Mariner Dr #52 Tarpon Springs, FL	2.0	2.0	1065	$2,000	$1.88	23d	1	0.43mi
1806 Mariner Dr #214 Tarpon Springs, FL	2.0	2.0	1150	$2,100	$1.83	25d	1	0.45mi
1669 Seascape Cir #1669 Tarpon Springs, FL	2.0	2.0	1070	$2,200	$2.06	25d	1	0.52mi
1813 Mariner Dr #151 Tarpon Springs, FL	2.0	2.0	1065	$2,500	$2.35	5d	1	0.57mi
1814 Mariner Dr #159 Tarpon Springs, FL	2.0	2.0	1065	$2,000	$1.88	16d	1	0.61mi
4805 Alt 19 #221 Palm Harbor, FL	2.0	1.5	901	$2,000	$2.22	25d	1	0.66mi
4649 Pleasant Ave Palm Harbor, FL	3.0	2.5	1463	$2,600	$1.78	25d	1	0.75mi
4550 Stargazer Ct Palm Harbor, FL	3.0	2.5	1464	$2,500	$1.71	19d	1	0.81mi
1990 Carolina Ave Tarpon Springs, FL	3.0	1.0	960	$1,250	$1.30	23d	1	0.86mi
787 Arthurs Ct Tarpon Springs, FL	3.0	2.0	1225	$2,295	$1.87	5d	1	1.02mi
504 S Florida Ave #222 Tarpon Springs, FL	2.0	2.0	1490	$1,895	$1.27	5d	1	1.15mi
817 Margo St Tarpon Springs, FL	2.0	1.0	792	$1,600	$2.02	25d	1	1.17mi
1185 S Pinellas Ave Tarpon Springs, FL	1.0–3.0	1.0–2.0	1013	$2,735	$2.70	3d	21	1.25mi
329 Moorings Cove Dr Tarpon Springs, FL	2.0	2.0	1020	$1,700	$1.67	21d	1	1.30mi
300 S Florida Ave Unit 100K Tarpon Springs, FL	2.0	2.0	1000	$2,150	$2.15	25d	1	1.38mi
1500 Sunset Rd Unit C4 Tarpon Springs, FL	2.0	1.5	1170	$2,100	$1.79	25d	1	1.39mi

Listing history 10 events

1. 2026-05-07
   status Pending
2. 2026-05-07
   price $265,000
3. 2026-04-28
   listed $249,900 Active
4. 2014-05-08
   soldstatus $98,400
5. 2014-04-29
   soldstatus $94,800 Sold 636-char remark

   Show marketing remark (636 chars)

   Home of Considerable Convenience! Have no fear, This home is Near. .. . Major grocery stores, St Pete College, Museum of Art, Innisbrook golf resort, tarpon springs famous sponge docks, restaurants and Hospital. Within 15 minutes to beaches and boating. Just imagine yourself enjoying Florida's beautiful sunsets. Or enjoy a day at our nature parks. After a full day come home to your place to create more memories. The third bedroom is currently open to the master bedroom and is used as an office. Seller says she will have it converted back to third bedroom if buyers wants. Very well keep home. Your buyers will not be disappointed.

6. 2014-03-20
   listed $98,900 636-char remark

   Show marketing remark (636 chars)

   Home of Considerable Convenience! Have no fear, This home is Near. .. . Major grocery stores, St Pete College, Museum of Art, Innisbrook golf resort, tarpon springs famous sponge docks, restaurants and Hospital. Within 15 minutes to beaches and boating. Just imagine yourself enjoying Florida's beautiful sunsets. Or enjoy a day at our nature parks. After a full day come home to your place to create more memories. The third bedroom is currently open to the master bedroom and is used as an office. Seller says she will have it converted back to third bedroom if buyers wants. Very well keep home. Your buyers will not be disappointed.

7. 2008-08-25
   listed $149,900
8. 1998-12-16
   soldstatus $45,500
9. 1992-06-12
   soldstatus $41,500
10. 1984-05-01
    soldstatus $43,600

ⓘ 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: $1,220 · $102/mo
• Projected year-2 tax: $2,200 · $183/mo
• Expected delta: +$979/yr (+$82/mo · 80.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 2/10 Low FEMA zone X (unshaded) · 5% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,803
• − Mortgage interest: −$14,844
• − Property taxes: −$1,220
• − Insurance: −$1,325
• − Repairs & maintenance: −$2,384
• − Management: −$2,384
• − Depreciation: −$7,709
• Taxable loss: −$64
• Est. tax savings @ 24.0%: +$15
• After-tax cash flow: $4,338/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 — Tarpon Springs

• Score: 68/100
• State rank: #502
• US rank: #9244

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tarpon Springs, FL
• County: Pinellas County · 939,478 people
• City population: 27,324
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 27,324
• Household income: $74,854
• Rent vs Own: 18.5% rent · 81.5% own
• Severe rent burden: 721.0

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 (80%)
• Race & ethnicity: White 80% Hispanic / Latino 10% Two or more races 7% Black 6%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4%
• Common ancestry: Romanian 6% Lithuanian 3% Slovak 2%
• Foreign-born: 10% · Canada, Jamaica, Dominican Republic
• Languages at home: 84% English-only · Other Indo-European 6% Spanish 6% French/Haitian/Cajun 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: ▼ -300.96%
• Current HPI: 303.7434
• Rent YoY: ▼ -1.16%
• 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

+507.8% since first listed

10 events — show timeline

• 2026-05-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-07 Price Changed $265,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-28 Listed $249,900 Stellar MLS as Distributed by MLS Grid
• 2014-05-08 Sold (Public Records) $98,400 Public Records
• 2014-04-29 Sold (MLS) $94,800 Stellar MLS as Distributed by MLS Grid
• 2014-03-20 Listed $98,900 Stellar MLS as Distributed by MLS Grid
• 2008-08-25 Listed $149,900 Stellar MLS as Distributed by MLS Grid
• 1998-12-16 Sold (Public Records) $45,500 Public Records
• 1992-06-12 Sold (Public Records) $41,500 Public Records
• 1984-05-01 Sold (Public Records) $43,600 Public Records

Property tax history

+0.9%/yr

Latest (2025): $1,220 · +7.1% YoY. Source: county tax records.