3706 N 36th St · Tampa, FL 33610

$160,000

2 bd · 1.0 ba · 982 sqft · SingleFamily public records · 37 Days on market

Built 1926 6,650 sqft lot

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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 +21.1/30.0
• ARV discount +7.5/15.0
• DSCR +6.7/10.0
• 1% rule +5.5/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Investor Special in the Heart of Downtown Tampa!~ 1926 Classic Fixer (a. k. a. Certified Junker) ~ 982 Sqft | 6,650 Sqft Lot | Prime Location! Looking for your next big project or tear-down treasure? Say hello to this charming 1926 relic that's got more history than function. She's seen better days—okay, she's seen way better decades—but she's standing strong(ish) in the heart of Tampa! The Details: Roof: 2017 / Electricity: Working / Water: Still flowing / Title: Clean / Structure: . .. maybe bring a contractor!! Located just walking distance to downtown Tampa and a hop, skip, and a pothole from I-4 and I-275, this is an unbeatable location with serious upside. Your Op

Key facts

• Clean title
• 6,650 sq ft lot
• Built 1926

Tags

• CLEAN TITLE

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $228 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 79/100 on livability (#142 in FL, #2,135 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, crime D+.
• Hillsborough (suburban): math 47% / reading 50% proficiency, ranked #41 of 73 in FL (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents falling (-4.7%/yr); 278 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• This rent runs 37% of the median local income ($54k/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 $5k of value loss. Plan a longer hold.
• Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $56k; list at $160k implies a 184% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.
• 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 $155,200 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1926 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.05% ✓
• Cap rate: 8.01%
• Cash-on-cash: 6.12%
• DSCR: 1.27
• GRM: 7.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -10.3%
• Equity multiple: 0.64×
• Total profit: $-16,292
• Equity at exit: $23,857

10-year hold

• IRR: -5.8%
• Equity multiple: 0.68×
• Total profit: $-14,433
• Equity at exit: $13,834

Cash invested: $44,800 (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 33610

• Home prices YoY: -27.0%
• Rents YoY: -4.7%
• Active inventory: 278
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,684 high
• Mortgage (P&I): −$839
• Tax from tax record: −$196 /mo · $2,354/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $228

Break-even live

Break-even rent $1,395

Max offer price $160,000

Occupancy floor 81%

Sensitivity live

Price	-10% $319	-5% $274	+0% $228	+5% $183	+10% $138
Rent	-10% $95	-5% $162	+0% $228	+5% $295	+10% $361
Rate	-1.0pp $309	-0.5pp $269	base $228	+0.5pp $187	+1.0pp $145

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3507 E 29th Ave Tampa, FL	3.0	2.0	928	$1,700	$1.83	25d	1	0.09mi
3405 N 34th St Unit C Tampa, FL	1.0	1.0	600	$795	$1.32	3d	1	0.27mi
3408 E Doctor Martin Luther King Junior Blvd Unit 5 Tampa, FL	2.0	1.0	654	$1,595	$2.44	15d	1	0.30mi
3408 E Doctor Martin Luther King Junior Blvd Apt 3 Tampa, FL	2.0	1.0	654	$1,625	$2.48	25d	1	0.30mi
3408 E Doctor Martin Luther King Junior Blvd Unit 8 Tampa, FL	2.0	1.0	654	$1,495	$2.29	17d	1	0.30mi
3408 E Doctor Martin Luther King Junior Blvd Unit 4 Tampa, FL	2.0	1.0	654	$1,575	$2.41	25d	1	0.30mi
3408 E Doctor Martin Luther King Junior Blvd Unit 8 Tampa, FL	2.0	1.0	654	$1,495	$2.29	21d	1	0.30mi
3511 Bishop Eddie Newkirk Way Tampa, FL	3.0	1.0	1056	$1,800	$1.70	25d	1	0.34mi
3511 Bishop Eddie Newkirk Way Tampa, FL	3.0	1.0	1056	$1,800	$1.70	11d	1	0.34mi
3705 E North Bay St Tampa, FL	3.0	2.0	969	$1,850	$1.91	4d	1	0.34mi
4204 N 29th St Tampa, FL	3.0	1.0	957	$1,800	$1.88	25d	1	0.62mi
2704 E 25th Ave Tampa, FL	3.0	1.0	858	$1,595	$1.86	22d	1	0.65mi
4506 N 42nd St Tampa, FL	3.0	1.5	792	$1,900	$2.40	0d	1	0.74mi
3612 E Osborne Ave Unit A Tampa, FL	2.0	1.0	576	$1,600	$2.78	25d	1	0.76mi
3101 E 18th Ave Tampa, FL	3.0	1.0	1050	$1,750	$1.67	4d	1	0.77mi
2402 E Doctor Martin Luther King Junior Blvd Unit 4 Tampa, FL	1.0	1.0	610	$800	$1.31	10d	1	0.80mi
2402 E Doctor Martin Luther King Junior Blvd Tampa, FL	2.0	1.0	710	$1,699	$2.39	25d	1	0.80mi
2501 E Chelsea St Tampa, FL	1.0	1.0	600	$1,100	$1.83	22d	1	0.86mi
2205 Chipco St Tampa, FL	2.0	1.0	1100	$1,600	$1.45	25d	1	0.89mi
3910 E Ellicott St Tampa, FL	2.0	1.0	950	$1,800	$1.89	25d	1	0.93mi
2925 N 46th St Unit B Tampa, FL	2.0	1.0	1120	$1,103	$0.98	25d	1	1.02mi
2506 E Columbus Dr Tampa, FL	2.0	1.0	796	$1,950	$2.45	17d	1	1.03mi
2407 E 17th Ave Tampa, FL	3.0	2.0	810	$1,650	$2.04	25d	1	1.07mi
2407 E 17th Ave Apt A Tampa, FL	3.0	2.0	810	$1,595	$1.97	11d	1	1.07mi
2407 E 17th Ave Unit B Tampa, FL	3.0	2.0	810	$1,650	$2.04	18d	1	1.07mi
2407 E 17th Ave Tampa, FL	3.0	2.0	810	$1,650	$2.04	22d	1	1.07mi
2407 E 17th Ave Apt A Tampa, FL	3.0	2.0	810	$1,650	$2.04	15d	1	1.07mi
2407 E 17th Ave Tampa, FL	3.0	2.0	810	$1,595	$1.97	0d	1	1.07mi
3001 E McBerry St Tampa, FL	3.0	2.0	1118	$1,945	$1.74	5d	1	1.10mi
3706 E Shadowlawn Ave Tampa, FL	3.0	1.0	1080	$1,950	$1.81	10d	1	1.12mi
2308 E 15th Ave Tampa, FL	3.0	1.0	936	$1,895	$2.02	15d	1	1.14mi
3212 N 50th St Unit B Tampa, FL	3.0	2.0	1005	$2,200	$2.19	15d	1	1.14mi
3417 Temple St Unit B Tampa, FL	3.0	2.0	975	$1,600	$1.64	25d	1	1.19mi
2104 E Columbus Dr Unit 301 Tampa, FL	3.0	2.0	1083	$2,050	$1.89	25d	1	1.20mi
1605 E 29th Ave Tampa, FL	3.0	1.0	870	$1,800	$2.07	21d	1	1.25mi
2006 E Columbus Dr Unit A Tampa, FL	2.0	1.0	896	$1,495	$1.67	2d	1	1.26mi
4811 E Curtis St Tampa, FL	1.0	1.0	891	$797	$0.89	25d	1	1.26mi
1709 E Chelsea St Unit F Tampa, FL	2.0	1.0	1041	$1,625	$1.56	24d	1	1.27mi
3625 E Mohawk Ave Tampa, FL	1.0	1.0	1110	$1,750	$1.58	15d	1	1.29mi
1515 E 31st Ave Tampa, FL	2.0	1.0	914	$1,500	$1.64	5d	1	1.33mi

Listing history 16 events

1. 2025-11-19
   status Pending
2. 2025-11-19
   status Active
3. 2025-11-15
   status Pending
4. 2025-11-12
   status Active
5. 2025-11-06
   status Pending
6. 2025-10-29
   price $160,000
7. 2025-10-20
   status Active
8. 2025-10-20
   status Active
9. 2025-10-13
   status Pending
10. 2025-10-04
    status Active
11. 2025-09-29
    status Pending
12. 2025-09-25
    status Active
13. 2025-05-26
    status Pending
14. 2025-05-22
    listed $175,000 Active
15. 2005-12-30
    soldstatus $56,400
16. 1996-11-25
    soldstatus $12,000

ⓘ 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: $2,354 · $196/mo
• Projected year-2 tax: $2,354 · $196/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 · 27 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,207
• − Mortgage interest: −$8,962
• − Property taxes: −$2,354
• − Insurance: −$800
• − Repairs & maintenance: −$1,617
• − Management: −$1,617
• − Depreciation: −$4,655
• Taxable income: $203
• Est. tax owed @ 24.0%: −$49
• After-tax cash flow: $2,692/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: Hillsborough
• NCES district ID: 1200870
• Math proficiency: 47% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $50,622
• Composite: 41.6/100
• National rank: #3435
• State rank: #41 of 73 in FL

Livability — Tampa

• Score: 79/100
• State rank: #142
• US rank: #2135

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tampa, FL
• County: Hillsborough County · 1,540,968 people
• City population: 523,346
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 46,587
• Household income: $54,209
• Rent vs Own: 48.4% rent · 51.6% own
• Severe rent burden: 2431.0

Population outlook (Hillsborough County) Hauer SSP2

• Today (2025): 1,607,022 people
• By 2030: 1,733,968 · +7.9%
• By 2040: 1,979,565 · +23.2%
• By 2050: 2,203,427 · +37.1%
• By 2075: 2,667,893 · +66.0%
• By 2100: 2,891,558 · +79.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Black 55% Hispanic / Latino 22% White 17% Two or more races 13% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 7% Cuban 6%
• Common ancestry: Hispanic 2% Romanian 1% Slovak 1%
• Foreign-born: 18% · Canada
• Languages at home: 75% English-only · Spanish 18% French/Haitian/Cajun 3% Other Asian/Pacific 1%

Political lean MEDSL · Hillsborough

• 2024 margin: Toss-up / Even · D 47.8% · R 50.9% · Other 1.3%
• 2008→2024 swing: -10.2pp toward R · 2008: 7.1pp · 2024: -3.1pp
• All cycles: 2024: R+3.1 2020: D+6.9 2016: D+6.8 2012: D+6.7 2008: D+7.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -158.81%
• Current HPI: 428.9741
• Rent YoY: ▼ -4.72%
• 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

+1233.3% since first listed

16 events — show timeline

• 2025-11-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-11-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-11-12 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-29 Price Changed $160,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-10-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-10-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-04 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-09-29 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-09-25 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-05-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-05-22 Listed $175,000 Stellar MLS as Distributed by MLS Grid
• 2005-12-30 Sold (Public Records) $56,400 Public Records
• 1996-11-25 Sold (Public Records) $12,000 Public Records

Property tax history

+43.3%/yr

Latest (2025): $2,354 · +11.5% YoY. Source: county tax records.