14130 Rosemary Ln #3215 · Largo, FL 33774

$189,900

2 bd · 1.5 ba · 880 sqft · Condo public records · 59 Days on market

Built 1972 $636/mo HOA · 28% of rent

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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 +9.4/30.0
• ARV discount +7.5/15.0
• 1% rule +7.0/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Rent growth +3.0/5.0
• DSCR +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Lakeview of Largo - Step into style and comfort in this beautifully renovated pond view 2-bedroom, 1.5-bath second-floor condo, located in a quiet and friendly 55+ community. From top to bottom, this home has been thoughtfully updated to offer a modern, move-in-ready living experience. The heart of the home is the stunning, fully updated kitchen featuring sleek granite countertops, custom tiled backsplash, stainless steel appliances, modern cabinetry, and a functional layout perfect for everyday cooking or entertaining. The open-concept living and dining area is filled with natural light and flows seamlessly to a Florida room with a pond view — an ideal spot to enjoy your morning coff

Key facts

• Shuffleboard courts
• Walk-in closet
• Florida room

Tags

• FULLY UPDATED KITCHEN
• FLORIDA ROOM
• WALK-IN CLOSET
• CUSTOM TILED TUB/SHOWER
• HEATED POOL
• SHUFFLEBOARD COURTS

Property features AI

Finance

• Other: Senior community; Pets not allowed
• Financial info: Total monthly fees: $636.29; Total annual fees: $7,635.48; Lease restrictions apply
• HOA & community: Monthly HOA fee of $636.29; HOA includes cable TV, internet, pool, clubhouse, fitness center, playground, maintenance (structure and grounds), pest control, sewer, trash, water, recreational facilities and escrow reserves; Association approval required; Association listed

Exterior

• Utilities: Public sewer; Cable connected; High-speed internet available; Electricity connected; Water connected; Water source: see remarks
• Home design: Condominium; Residential property; 3 total stories (unit on 2nd floor); Faces north; Entry level: one
• Construction: Block and brick construction; Built-up roof; Slab foundation
• Exterior features: Balcony; Exterior lighting; Storage

Interior

• Kitchen: Built-in oven; Dishwasher; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Living room and dining room combo; Building elevator
• Laundry & utility: Common area laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $190k.

Deal economics

• At list price, monthly cash flow is $-135 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $166k (12.6% below list).
• Meets the 1% rule at list price ($2k rent vs $190k).
• Recommended offer: $166k (12.6% below list) — sets the bar for cash-flow.
• Cap rate 5.4% vs local median 4.3% in Largo — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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.
• Zoned schools: Anona Elementary School (math 80% / reading 67%, grade A, #260 of 2,144 statewide, top 13%, 473 students, 45% FRL); Seminole Middle School (math 55% / reading 53%, grade B-, #196 of 571 statewide, top 36%, 824 students, 49% FRL); Largo High School (math 30% / reading 50%, grade F, #296 of 667 statewide, top 45%, 2,055 students, 53% FRL) — zoned schools at 49% FRL track the district average.
• Market conditions: Rents rising (+2.0%/yr); 212 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 34% of the median local income ($79k/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.
• 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 59 days — a 3% lower offer ($184k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 13y 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 $48k; list at $190k implies a 296% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 28% of rent.

Recommended offer $166,043 (12.6% 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 59 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.20% ✓
• Cap rate: 5.44%
• Cash-on-cash: -3.05%
• DSCR: 0.86
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.01% rent growth · sell at horizon

5-year hold

• IRR: -22.8%
• Equity multiple: 0.23×
• Total profit: $-41,201
• Equity at exit: $28,315

10-year hold

• IRR: -20.7%
• Equity multiple: -0.02×
• Total profit: $-54,290
• Equity at exit: $16,419

Cash invested: $53,172 (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 33774

• Rents YoY: 2.0%
• Active inventory: 212
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,274 high
• Mortgage (P&I): −$996
• Tax from tax record: −$221 /mo · $2,646/yr
• Insurance: −$79
• HOA: −$636
• Vacancy / Maint / Mgmt: −$478
• Net cashflow: $-135

Break-even live

Break-even rent $2,445

Max offer price $166,043

Occupancy floor —

Sensitivity live

Price	-10% $-28	-5% $-81	+0% $-135	+5% $-189	+10% $-243
Rent	-10% $-315	-5% $-225	+0% $-135	+5% $-45	+10% $45
Rate	-1.0pp $-39	-0.5pp $-87	base $-135	+0.5pp $-184	+1.0pp $-234

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14130 Rosemary Ln Largo, FL	2.0	1.5	880	$1,725	$1.96	22d	2	0.03mi
9 Jeff Rd Largo, FL	2.0	1.0	964	$2,150	$2.23	6d	1	0.41mi
14531 Walsingham Rd Largo, FL	2.0	1.0–2.0	657	$2,600	$3.96	25d	3	0.41mi
12760 Indian Rocks Rd Largo, FL	1.0–2.0	1.0–2.0	923	$2,500	$2.71	6d	6	0.45mi
1 Windrush Blvd Indian Rocks Beach, FL	2.0–3.0	1.0–2.0	1177	$3,200	$2.72	25d	2	0.67mi
1 Windrush Blvd Indian Rocks Beach, FL	2.0	1.0–2.0	997	$3,875	$3.88	3d	2	0.67mi
1 Windrush Blvd #63 Indian Rocks Beach, FL	2.0	1.0	955	$5,000	$5.24	25d	1	0.67mi
13300 Walsingham Rd Largo, FL	1.0–4.0	1.0–2.0	1060	$1,788	$1.69	25d	1	0.75mi
12800 Vonn Rd Largo, FL	1.0–2.0	1.0	810	$1,458	$1.80	3d	16	0.80mi
13200 Wilcox Rd Largo, FL	2.0	2.0	932	$1,755	$1.88	5d	2	0.84mi
717 E Gulf Blvd Unit 1 Indian Rocks Beach, FL	2.0	1.0	850	$2,300	$2.71	21d	1	0.89mi
717 E Gulf Blvd Unit 3 Indian Rocks Beach, FL	2.0	1.0	850	$2,650	$3.12	21d	1	0.89mi
720 E Gulf Blvd Unit B Indian Rocks Beach, FL	2.0	1.0	748	$2,600	$3.48	22d	1	0.92mi
206 Bates Ave Unit E Indian Rocks Beach, FL	1.0	1.0	600	$1,945	$3.24	6d	1	0.94mi
13125 Wilcox Rd Largo, FL	1.0–2.0	1.0–2.0	840	$1,830	$2.18	3d	8	0.97mi
1000 Bay Pine Blvd Indian Rocks Beach, FL	3.0	1.0	936	$3,595	$3.84	5d	1	0.97mi
1210 Bay Palm Blvd Indian Rocks Beach, FL	3.0	2.0	1118	$4,495	$4.02	5d	1	1.10mi
2200 Gladys St Largo, FL	1.0–2.0	1.0–1.5	677	$1,595	$2.35	25d	1	1.10mi
1209 1st St Indian Rocks Beach, FL	2.0	1.5	768	$2,400	$3.12	25d	1	1.11mi
1400 Gulf Blvd Unit 2B Indian Rocks Beach, FL	2.0	2.0	1074	$5,900	$5.49	25d	1	1.28mi
10350 Imperial Point Dr W #8 Largo, FL	1.0	1.5	860	$1,675	$1.95	25d	1	1.33mi
10350 Imperial Point Dr W #10 Largo, FL	1.0	1.0	815	$1,550	$1.90	4d	1	1.33mi
10351 Regal Dr Largo, FL	1.0	1.0–1.5	837	$1,700	$2.03	21d	2	1.34mi
3000 Karen Ave Largo, FL	2.0	1.0	888	$2,800	$3.15	25d	1	1.38mi
3000 Karen Ave Largo, FL	2.0	1.0	888	$2,450	$2.76	23d	1	1.38mi
10215 Regal Dr #4 Largo, FL	2.0	2.0	1105	$2,300	$2.08	6d	1	1.40mi
10216 Regal Dr #201 Largo, FL	2.0	2.0	1100	$2,000	$1.82	16d	1	1.41mi
3054 Adrian Ave Largo, FL	2.0	1.0	1059	$3,500	$3.31	5d	1	1.50mi

HOA detail condo

• Monthly dues: $636 · $7,632/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 36 events

1. 2026-06-22
   days on market $189,900 Active 59 DOM
2. 2026-06-18
   days on market $189,900 Active 56 DOM
3. 2026-06-17
   days on market $189,900 Active 55 DOM
4. 2026-06-16
   days on market $189,900 Active 54 DOM
5. 2026-06-15
   days on market $189,900 Active 53 DOM
6. 2026-06-13
   days on market $189,900 Active 51 DOM
7. 2026-06-09
   days on market $189,900 Active 47 DOM
8. 2026-06-08
   days on market $189,900 Active 46 DOM
9. 2026-06-07
   days on market $189,900 Active 45 DOM
10. 2026-06-04
    days on market $189,900 Active 42 DOM
11. 2026-06-03
    days on market $189,900 Active 41 DOM
12. 2026-06-01
    days on market $189,900 Active 39 DOM
13. 2026-05-31
    days on market $189,900 Active 38 DOM
14. 2026-05-13
    status Active
15. 2026-05-06
    status Pending
16. 2026-04-16
    listed $189,900 Active
17. 2025-11-09
    historical
18. 2025-10-23
    price $209,000
19. 2025-08-21
    price $219,900
20. 2025-07-23
    price $224,900
21. 2025-06-16
    price $231,000
22. 2025-05-30
    price $234,000
23. 2025-05-15
    listed $239,000 Active
24. 2025-03-01
    historical
25. 2024-09-20
    price $243,900
26. 2024-08-29
    listed $245,000 Active
27. 2014-09-03
    historical
28. 2014-08-13
    status Active
29. 2014-07-11
    status Pending
30. 2014-06-14
    status Active
31. 2014-06-10
    historical
32. 2013-12-13
    listed $72,900 Active
33. 2013-03-07
    soldstatus $48,000
34. 2013-02-28
    soldstatus $48,000
35. 2013-02-12
    listed $54,500
36. 1983-07-01
    soldstatus $46,500

ⓘ 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: $2,646 · $221/mo
• Projected year-2 tax: $2,646 · $221/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $27,288
• − Mortgage interest: −$10,637
• − Property taxes: −$2,646
• − Insurance: −$950
• − Repairs & maintenance: −$2,183
• − Management: −$2,183
• − HOA: −$7,632
• − Depreciation: −$5,524
• Taxable loss: −$4,468
• Est. tax savings @ 24.0%: +$1,072
• After-tax cash flow: $-548/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): 19,799
• Household income: $79,139
• Rent vs Own: 22.7% rent · 77.3% own
• Severe rent burden: 546.0

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 (74%)
• Race & ethnicity: White 74% Black 11% Hispanic / Latino 9% Two or more races 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2%
• Common ancestry: Romanian 7% Lithuanian 4% Hispanic 2%
• Foreign-born: 8% · Canada
• Languages at home: 91% English-only · Spanish 4% French/Haitian/Cajun 2% Russian/Polish/Slavic 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: ▼ -383.61%
• Current HPI: 336.629
• Rent YoY: ▲ 2.01%
• 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

+308.4% since first listed

23 events — show timeline

• 2026-05-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-16 Listed $189,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-09 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-10-23 Price Changed $209,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-21 Price Changed $219,900 Stellar MLS as Distributed by MLS Grid
• 2025-07-23 Price Changed $224,900 Stellar MLS as Distributed by MLS Grid
• 2025-06-16 Price Changed $231,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-30 Price Changed $234,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-15 Listed $239,000 Stellar MLS as Distributed by MLS Grid
• 2025-03-01 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-09-20 Price Changed $243,900 Stellar MLS as Distributed by MLS Grid
• 2024-08-29 Listed $245,000 Stellar MLS as Distributed by MLS Grid
• 2014-09-03 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2014-08-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2014-07-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-06-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2014-06-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-12-13 Listed $72,900 Stellar MLS as Distributed by MLS Grid
• 2013-03-07 Sold (Public Records) $48,000 Public Records
• 2013-02-28 Sold (MLS) $48,000 Stellar MLS as Distributed by MLS Grid
• 2013-02-12 Listed $54,500 Stellar MLS as Distributed by MLS Grid
• 1983-07-01 Sold (Public Records) $46,500 Public Records

Property tax history

+7.7%/yr

Latest (2025): $2,646 · +5.1% YoY. Source: county tax records.