3219 N 12th St · Tampa, FL 33605

$269,900

2 bd · 1.0 ba · 1,053 sqft · SingleFamily public records · 5 Days on market

Built 1949 4,935 sqft lot

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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).

• Appreciation +10.0/10.0
• Cash flow +7.5/30.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• 1% rule +1.8/10.0
• DSCR +1.6/10.0

Listing remarks MLS

Investor special! Nicely laid out 2 bed 1 bath house in Ybor! Large corner lot with a detached 1 car garage. Opportunity to expand the home to a 2 bed 2 bath if done correctly or possibly a 2/2 with garage conversion to 1/1 if possible with city, buyer to perform any due diligence. Cash or conventional only.

Key facts

• Screened in porch
• Natural light
• Granite countertops

Tags

• CORNER LOT
• NATURAL LIGHT
• SCREENED IN PORCH
• GRANITE COUNTERTOPS
• SOLID BLOCK CONSTRUCTION
• DETACHED GARAGE

Property features AI

Finance

• Other: Property type: Residential, Single Family Residence; Unfurnished; Direction faces: West
• Financial info: Lease restrictions not indicated
• HOA & community: No HOA association indicated

Exterior

• Parking: One-car garage (12 x 24)
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Single family residence; One story; Faces west; Residential zoning (RS-50)
• Construction: Block construction; Shingle roof; Crawlspace foundation; Built area ~1,214 square feet
• Exterior features: Asphalt road access; Lot approximately 0.11 acre

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Tile; Crawlspace foundation (utility access)
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Open floor plan; Solid surface counters; Stone counters; Split bedroom layout; Thermostat
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $270k.

Deal economics

• At list price, monthly cash flow is $-335 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $211k (21.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $183k (32.2% below list).
• Recommended offer: $183k (32.2% below list) — sets the bar for 1% rule.

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 flat; 187 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• At $1,829/mo this rent would consume 59% of the median local household income ($37k/yr) (locally 1374% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $29k of equity ($2k loan paydown + $27k appreciation (10.0% local appreciation)).
• Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 21y 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 $173k; list at $270k implies a 56% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $182,886 (32.2% 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. Built in 1949 — 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. 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?
6. 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.
7. 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.
8. 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: 0.68% ✗
• Cap rate: 4.80%
• Cash-on-cash: -5.32%
• DSCR: 0.76
• GRM: 12.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 0.58% rent growth · sell at horizon

5-year hold

• IRR: 19.9%
• Equity multiple: 2.60×
• Total profit: $121,275
• Equity at exit: $243,147

10-year hold

• IRR: 17.8%
• Equity multiple: 5.84×
• Total profit: $365,894
• Equity at exit: $524,356

Cash invested: $75,572 (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 33605

• Home prices YoY: 3.7%
• Rents YoY: 0.6%
• Active inventory: 187
• Price-to-rent: 12.3×

Monthly cashflow live

• Estimated rent: $1,829 high
• Mortgage (P&I): −$1,415
• Tax from tax record: −$252 /mo · $3,025/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$384
• Net cashflow: $-335

Break-even live

Break-even rent $2,253

Max offer price $210,693

Occupancy floor —

Sensitivity live

Price	-10% $-182	-5% $-259	+0% $-335	+5% $-412	+10% $-488
Rent	-10% $-480	-5% $-407	+0% $-335	+5% $-263	+10% $-191
Rate	-1.0pp $-199	-0.5pp $-267	base $-335	+0.5pp $-405	+1.0pp $-476

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: $67,475
• Closing costs: $8,097
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1212 E 25th Ave Tampa, FL	2.0	1.0	1035	$1,490	$1.44	20d	1	0.06mi
1006 E 26th Ave Tampa, FL	2.0	1.0	1000	$1,630	$1.63	5d	1	0.15mi
1003 E 22nd Ave Tampa, FL	2.0	1.0	1062	$1,639	$1.54	5d	1	0.17mi
1302 E 21st Ave Tampa, FL	1.0–2.0	1.0–2.0	800	$1,408	$1.76	0d	8	0.17mi
3411 N 13th St Tampa, FL	3.0	2.0	978	$1,895	$1.94	25d	1	0.19mi
1105 E 28th Ave Tampa, FL	3.0	1.0	744	$1,525	$2.05	5d	1	0.20mi
912 E Saint Clair St Tampa, FL	2.0	1.0	1000	$1,900	$1.90	25d	1	0.26mi
3511 Cone Ct Tampa, FL	3.0	2.0	1256	$2,200	$1.75	5d	1	0.28mi
3021 Sanchez St Tampa, FL	3.0	1.0	1300	$2,195	$1.69	25d	1	0.31mi
1211 E 18th Ave Unit 2 Tampa, FL	2.0	1.0	725	$1,800	$2.48	18d	1	0.33mi
3005 Sanchez St Unit 5 Tampa, FL	2.0	1.0	750	$1,050	$1.40	3d	1	0.33mi
3005 Sanchez St Unit 5 Tampa, FL	2.0	1.0	750	$1,050	$1.40	0d	1	0.33mi
3519 N 10th St Tampa, FL	3.0	2.0	1200	$1,850	$1.54	18d	1	0.34mi
2907 N 15th St Unit D Tampa, FL	3.0	2.0	888	$1,850	$2.08	5d	1	0.37mi
709 E James St Tampa, FL	2.0	1.0	768	$1,695	$2.21	13d	1	0.40mi
809 E Baker St Unit A Tampa, FL	3.0	1.0	1083	$2,200	$2.03	25d	1	0.44mi
1305 E Louise Ave Tampa, FL	3.0	2.0	1384	$2,700	$1.95	25d	1	0.44mi
2810 N 16th St Tampa, FL	2.0	1.0	1066	$2,550	$2.39	13d	1	0.44mi
1221 E Columbus Dr Tampa, FL	2.0	1.0	1000	$1,499	$1.50	25d	1	0.44mi
1003 E Columbus Dr Tampa, FL	2.0	1.0	1160	$1,795	$1.55	2d	1	0.45mi
1301 E Columbus Dr Unit 1 Tampa, FL	1.0	1.0	750	$1,995	$2.66	25d	1	0.45mi
1605 E 29th Ave Tampa, FL	3.0	1.0	870	$1,800	$2.07	21d	1	0.47mi
1607 E 18th Ave Tampa, FL	2.0	1.0	869	$2,600	$2.99	13d	1	0.49mi
1003 E 15th Ave Tampa, FL	1.0	1.0	750	$1,275	$1.70	25d	1	0.49mi
1515 E 31st Ave Tampa, FL	2.0	1.0	914	$1,500	$1.64	5d	1	0.49mi
2909 N 17th St Tampa, FL	2.0	1.0	750	$1,350	$1.80	22d	1	0.50mi
411 E Adalee St Tampa, FL	3.0	1.0	1200	$2,500	$2.08	25d	1	0.56mi
1807 E 20th Ave Tampa, FL	3.0	2.0	1131	$2,900	$2.56	25d	1	0.57mi
1504 E 33rd Ave Tampa, FL	3.0	2.0	1108	$2,900	$2.62	25d	1	0.60mi
1716 E Columbus Dr Unit A Tampa, FL	2.0	1.0	924	$1,800	$1.95	25d	1	0.61mi
503 E Columbus Dr Unit 1 Tampa, FL	2.0	1.5	1000	$2,400	$2.40	25d	1	0.65mi
311 E Floribraska Ave Unit A Tampa, FL	2.0	2.0	800	$2,250	$2.81	18d	1	0.68mi
933 E 11th Ave Tampa, FL	2.0	1.0	904	$1,590	$1.76	25d	1	0.68mi
418 E Amelia Ave Unit G Tampa, FL	2.0	2.0	750	$1,600	$2.13	12d	1	0.71mi
418 E Amelia Ave Unit C Tampa, FL	2.0	1.0	700	$1,500	$2.14	25d	1	0.71mi
418 E Amelia Ave Unit A Tampa, FL	3.0	2.0	1050	$1,800	$1.71	25d	1	0.71mi
418 E Amelia Ave Unit D Tampa, FL	2.0	1.0	700	$1,300	$1.86	12d	1	0.72mi
2108 E 22nd Ave Tampa, FL	3.0	3.0	1308	$2,100	$1.61	5d	1	0.72mi
2108 E 22nd Ave Tampa, FL	3.0	3.0	1308	$2,100	$1.61	4d	1	0.72mi
4207 N 13th St Unit A Tampa, FL	2.0	2.0	832	$2,150	$2.58	25d	1	0.77mi

Listing history 11 events

1. 2026-05-15
   listed $269,900 Active 1309-char remark
2. 2021-11-19
   soldstatus $173,000 Closed 309-char remark

   Show marketing remark (309 chars)

   Investor special! Nicely laid out 2 bed 1 bath house in Ybor! Large corner lot with a detached 1 car garage. Opportunity to expand the home to a 2 bed 2 bath if done correctly or possibly a 2/2 with garage conversion to 1/1 if possible with city, buyer to perform any due diligence. Cash or conventional only.

3. 2021-10-29
   status Pending 309-char remark

   Show marketing remark (309 chars)

   Investor special! Nicely laid out 2 bed 1 bath house in Ybor! Large corner lot with a detached 1 car garage. Opportunity to expand the home to a 2 bed 2 bath if done correctly or possibly a 2/2 with garage conversion to 1/1 if possible with city, buyer to perform any due diligence. Cash or conventional only.

4. 2021-10-26
   listed $190,000 Active 309-char remark

   Show marketing remark (309 chars)

   Investor special! Nicely laid out 2 bed 1 bath house in Ybor! Large corner lot with a detached 1 car garage. Opportunity to expand the home to a 2 bed 2 bath if done correctly or possibly a 2/2 with garage conversion to 1/1 if possible with city, buyer to perform any due diligence. Cash or conventional only.

5. 2010-11-22
   soldstatus $35,500

   Show marketing remark (361 chars)

   OWNER says SELL. .. HUGE PRICE CUT. .. this cute as can be, 2/1 cottage is move in ready. Situated on a large corner lot, the property has undergone a lot of renovations. 2 large bedrooms, large liviing/dining room combination, and huge kitchen. The property sits on a large corner lot witha detached 1 car garage. There is also a large screened in front porch.

6. 2010-05-21
   listed $39,500

   Show marketing remark (361 chars)

   OWNER says SELL. .. HUGE PRICE CUT. .. this cute as can be, 2/1 cottage is move in ready. Situated on a large corner lot, the property has undergone a lot of renovations. 2 large bedrooms, large liviing/dining room combination, and huge kitchen. The property sits on a large corner lot witha detached 1 car garage. There is also a large screened in front porch.

7. 2008-03-10
   listed $169,900
8. 2005-07-14
   soldstatus $133,000
9. 2005-05-20
   historical
10. 2005-04-15
    listed $133,500
11. 1999-04-07
    soldstatus $45,000

ⓘ 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: $3,025 · $252/mo
• Projected year-2 tax: $3,025 · $252/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 6/10 Major FEMA zone X (unshaded) · 71% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 6 d/yr ≥107°F today · 21 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: $21,946
• − Mortgage interest: −$15,119
• − Property taxes: −$3,025
• − Insurance: −$1,350
• − Repairs & maintenance: −$1,756
• − Management: −$1,756
• − Depreciation: −$7,852
• Taxable loss: −$8,910
• Est. tax savings @ 24.0%: +$2,138
• After-tax cash flow: $-1,883/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): 16,030
• Household income: $36,975
• Rent vs Own: 59.8% rent · 40.2% own
• Severe rent burden: 1374.0

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 0.66)
• Race & ethnicity: Black 48% Hispanic / Latino 28% Two or more races 18% White 17% Asian 1%
• Hispanic origin (detail): Mexican 6% Puerto Rican 8% Cuban 6% Dominican 1%
• Common ancestry: Hispanic 2% Romanian 1% Lithuanian 1%
• Foreign-born: 17% · Canada, Vietnam, Jamaica
• Languages at home: 72% English-only · Spanish 24% 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: ▲ 17.43%
• Current HPI: 494.1871
• Rent YoY: ▲ 0.58%
• 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

+499.8% since first listed

12 events — show timeline

• 2026-05-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-15 Listed $269,900 Stellar MLS as Distributed by MLS Grid
• 2021-11-19 Sold (MLS) $173,000 Stellar MLS as Distributed by MLS Grid
• 2021-10-29 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-10-26 Listed $190,000 Stellar MLS as Distributed by MLS Grid
• 2010-11-22 Sold (MLS) $35,500 Stellar MLS as Distributed by MLS Grid
• 2010-05-21 Listed $39,500 Stellar MLS as Distributed by MLS Grid
• 2008-03-10 Listed $169,900 Stellar MLS as Distributed by MLS Grid
• 2005-07-14 Sold (Public Records) $133,000 Public Records
• 2005-05-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2005-04-15 Listed $133,500 Stellar MLS as Distributed by MLS Grid
• 1999-04-07 Sold (Public Records) $45,000 Public Records

Property tax history

+32.0%/yr

Latest (2025): $3,025 · +4.0% YoY. Source: county tax records.