29250 US Highway 19 N #578 · Clearwater, FL 33761

$145,000

2 bd · 2.0 ba · 960 sqft · Manufactured public records · 142 Days on market

Built 1976 6,624 sqft lot Est $138k · at est. $238/mo HOA · 14% 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 +17.3/30.0
• 1% rule +6.5/10.0
• DSCR +5.4/10.0
• ARV discount +5.3/15.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Auction Property. * * * Auction will run September 30th to October 10th * * * This 2 bedrooms and 2 bathrooms mobile home with land share that has a month to month tenant. Ready for its next owner or investor to come in MUST preregister on the auction site prior to being approved to bid on the auction online! You may schedule an appointment to view and perform due diligence on the property prior to the auction close. * * * All property information to be verified by buyers * * * Property is sold with any outstanding code violations, liens, or expired permits. Buyer to do own research prior to bidding.

Key facts

• Gated park community
• Fully remodeled
• Bonus room

Tags

• GATED PARK COMMUNITY
• FULLY REMODELED
• NEW CUSTOM CABINETRY
• SPACIOUS PRIMARY SUITE
• BONUS ROOM
• RESORT STYLE AMENITIES

Property features AI

Finance

• Other: Total annual fees: $2,856
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (monthly fee $238); Association approval required; Association amenities include clubhouse, pool, tennis courts, and pickleball courts; Association fee covers grounds maintenance, security, sewer, trash, and water; Pets allowed with limits (max 25 lbs)

Exterior

• Parking: Carport with 2 spaces
• Security: Community security included in HOA
• Utilities: Public water; Public sewer; Broadband/high-speed internet available; Cable available; Electricity connected; Water connected; Sewer connected
• Home design: Residential mobile home (double wide); Single-story; North facing
• Construction: Metal frame construction; Membrane and metal roof
• Exterior features: Awnings; Private mailbox; Sliding doors; Asphalt and concrete road access

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Heat pump; Central air conditioning
• Interior features: Built-in features; Ceiling fans; Solid surface counters; Solid wood cabinets; Split bedroom layout; Thermostat
• Laundry & utility: Washer hookup; Dryer hookup (electric); Laundry room; Outside laundry access

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $145k.

Deal economics

• At list price, monthly cash flow is $-18 ($-222/yr) — negative.
• To cash-flow at today's rent, offer at most $142k (2.3% below list).
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.2% vs local median 2.9% in Clearwater — 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 82/100 on livability (#60 in FL, #988 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, employment C-.
• 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.
• Market conditions: Rents flat; 201 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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 142 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $14k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $52k; list at $145k implies a 176% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $127,600 (12.0% 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 142 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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.
10. 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.
11. 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: 1.15% ✓
• Cap rate: 7.18%
• Cash-on-cash: 3.15%
• DSCR: 1.14
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $138,240
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
29250 US Highway 19 N #116	0.00mi	2/2.0	1,004 (+5%)	6mo	$145,000	$144	87
29250 US Highway 19 N #446	0.00mi	2/2.0	1,056 (+10%)	3mo	$140,000	$133	81
29250 US Highway 19 N #555	0.00mi	2/2.0	1,056 (+10%)	12mo	$170,000	$161	73

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 · 0.11% rent growth · sell at horizon

5-year hold

• IRR: -21.5%
• Equity multiple: 0.28×
• Total profit: $-29,154
• Equity at exit: $21,620

10-year hold

• IRR: -28.5%
• Equity multiple: -0.09×
• Total profit: $-44,212
• Equity at exit: $12,537

Cash invested: $40,600 (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 33761

• Rents YoY: 0.1%
• Active inventory: 201
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,667 high
• Mortgage (P&I): −$760
• Tax from tax record: −$151 /mo · $1,814/yr
• Insurance: −$60
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$238
• Vacancy / Maint / Mgmt: −$350
• Net cashflow: $-18

Break-even live

Break-even rent $1,690

Max offer price $141,735

Occupancy floor 96%

Sensitivity live

Price	-10% $64	-5% $23	+0% $-18	+5% $-60	+10% $-101
Rent	-10% $-150	-5% $-84	+0% $-18	+5% $47	+10% $113
Rate	-1.0pp $55	-0.5pp $18	base $-18	+0.5pp $-56	+1.0pp $-94

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2420 Winding Creek Blvd #109 Clearwater, FL	1.0	1.0	580	$1,250	$2.16	20d	1	0.32mi
28488 U.S. 19 Unit 150 Clearwater, FL	3.0	1.5	990	$1,500	$1.52	12d	1	0.40mi
2500 Winding Creek Blvd Unit C205 Clearwater, FL	2.0	2.0	946	$1,700	$1.80	5d	1	0.42mi
2500 Winding Creek Blvd Clearwater, FL	2.0	2.0	946	$1,675	$1.77	3d	2	0.43mi
2500 Winding Creek Blvd Clearwater, FL	1.0–2.0	1.0–2.0	812	$1,700	$2.09	2d	3	0.43mi
3071 Park Ln Unit C Dunedin, FL	1.0	1.0	690	$1,195	$1.73	25d	1	0.44mi
3052 Park Ln Unit B Dunedin, FL	2.0	1.0	821	$1,700	$2.07	25d	1	0.49mi
3055 Belcher Rd Dunedin, FL	2.0	1.0	750	$1,345	$1.79	22d	1	0.51mi
2971 Estancia Blvd #321 Clearwater, FL	2.0	2.0	995	$1,975	$1.98	4d	1	0.56mi
305 Hammock Pine Blvd #305 Clearwater, FL	1.0	1.5	760	$1,500	$1.97	25d	1	0.69mi
604 Hammock Pine Blvd Clearwater, FL	1.0	1.0	645	$1,500	$2.33	18d	1	0.75mi
1711 Hammock Pine Blvd #1711 Clearwater, FL	1.0	1.0	667	$1,650	$2.47	5d	1	0.87mi
2307 Cumberland Cir Clearwater, FL	1.0–2.0	1.0–2.0	873	$2,099	$2.40	4d	15	0.92mi
2780 Cypress Dr Unit A Clearwater, FL	2.0	1.0	900	$1,749	$1.94	22d	1	1.01mi
2780 Park Dr Unit D 4 Clearwater, FL	2.0	1.5	900	$1,625	$1.81	25d	1	1.05mi
2760 Belle Haven Dr Unit C Clearwater, FL	2.0	1.0	682	$1,550	$2.27	17d	1	1.07mi
2760 Belle Haven Dr Clearwater, FL	2.0	1.0	682	$1,550	$2.27	4d	1	1.07mi
1430 Heather Ridge Blvd #304 Dunedin, FL	1.0	1.0	915	$1,500	$1.64	25d	1	1.16mi
1515 County Road 1 Dunedin, FL	1.0–2.0	1.0	719	$1,750	$2.43	8d	1	1.36mi
2673 Sabal Springs Cir #201 Clearwater, FL	1.0	1.5	805	$2,675	$3.32	8d	1	1.36mi
3610 Sammy Ct Palm Harbor, FL	2.0	1.0	797	$2,000	$2.51	5d	1	1.39mi
1454 Michigan Blvd Dunedin, FL	2.0	1.0	1000	$2,300	$2.30	4d	1	1.47mi

HOA detail

• Monthly dues: $238 · $2,856/yr

Listing history 23 events

1. 2026-06-18
   days on market $145,000 Active 142 DOM
2. 2026-06-17
   days on market $145,000 Active 141 DOM
3. 2026-06-16
   days on market $145,000 Active 140 DOM
4. 2026-06-15
   days on market $145,000 Active 139 DOM
5. 2026-06-13
   days on market $145,000 Active 137 DOM
6. 2026-06-09
   days on market $145,000 Active 133 DOM
7. 2026-06-08
   days on market $145,000 Active 132 DOM
8. 2026-06-07
   days on market $145,000 Active 131 DOM
9. 2026-06-04
   days on market $145,000 Active 128 DOM
10. 2026-06-03
    days on market $145,000 Active 127 DOM
11. 2026-06-01
    days on market $145,000 Active 125 DOM
12. 2026-05-31
    days on market $145,000 Active 124 DOM
13. 2026-04-13
    price $145,000
14. 2026-02-26
    price $149,900
15. 2026-01-27
    listed $159,000 Active
16. 2025-12-09
    soldstatus $52,500 Closed 622-char remark

    Show marketing remark (622 chars)

    Auction Property. * * * Auction will run September 30th to October 10th * * * This 2 bedrooms and 2 bathrooms mobile home with land share that has a month to month tenant. Ready for its next owner or investor to come in MUST preregister on the auction site prior to being approved to bid on the auction online! You may schedule an appointment to view and perform due diligence on the property prior to the auction close. * * * All property information to be verified by buyers * * * Property is sold with any outstanding code violations, liens, or expired permits. Buyer to do own research prior to bidding.

17. 2025-10-23
    status Pending 622-char remark

    Show marketing remark (622 chars)

    Auction Property. * * * Auction will run September 30th to October 10th * * * This 2 bedrooms and 2 bathrooms mobile home with land share that has a month to month tenant. Ready for its next owner or investor to come in MUST preregister on the auction site prior to being approved to bid on the auction online! You may schedule an appointment to view and perform due diligence on the property prior to the auction close. * * * All property information to be verified by buyers * * * Property is sold with any outstanding code violations, liens, or expired permits. Buyer to do own research prior to bidding.

18. 2025-10-01
    price $65,000 622-char remark

    Show marketing remark (622 chars)

    Auction Property. * * * Auction will run September 30th to October 10th * * * This 2 bedrooms and 2 bathrooms mobile home with land share that has a month to month tenant. Ready for its next owner or investor to come in MUST preregister on the auction site prior to being approved to bid on the auction online! You may schedule an appointment to view and perform due diligence on the property prior to the auction close. * * * All property information to be verified by buyers * * * Property is sold with any outstanding code violations, liens, or expired permits. Buyer to do own research prior to bidding.

19. 2025-08-29
    price $85,000 622-char remark

    Show marketing remark (622 chars)

    Auction Property. * * * Auction will run September 30th to October 10th * * * This 2 bedrooms and 2 bathrooms mobile home with land share that has a month to month tenant. Ready for its next owner or investor to come in MUST preregister on the auction site prior to being approved to bid on the auction online! You may schedule an appointment to view and perform due diligence on the property prior to the auction close. * * * All property information to be verified by buyers * * * Property is sold with any outstanding code violations, liens, or expired permits. Buyer to do own research prior to bidding.

20. 2025-08-01
    status Active 622-char remark

    Show marketing remark (622 chars)

    Auction Property. * * * Auction will run September 30th to October 10th * * * This 2 bedrooms and 2 bathrooms mobile home with land share that has a month to month tenant. Ready for its next owner or investor to come in MUST preregister on the auction site prior to being approved to bid on the auction online! You may schedule an appointment to view and perform due diligence on the property prior to the auction close. * * * All property information to be verified by buyers * * * Property is sold with any outstanding code violations, liens, or expired permits. Buyer to do own research prior to bidding.

21. 2025-07-31
    historical 622-char remark

    Show marketing remark (622 chars)

    Auction Property. * * * Auction will run September 30th to October 10th * * * This 2 bedrooms and 2 bathrooms mobile home with land share that has a month to month tenant. Ready for its next owner or investor to come in MUST preregister on the auction site prior to being approved to bid on the auction online! You may schedule an appointment to view and perform due diligence on the property prior to the auction close. * * * All property information to be verified by buyers * * * Property is sold with any outstanding code violations, liens, or expired permits. Buyer to do own research prior to bidding.

22. 2025-06-05
    price $105,000 622-char remark

    Show marketing remark (622 chars)

    Auction Property. * * * Auction will run September 30th to October 10th * * * This 2 bedrooms and 2 bathrooms mobile home with land share that has a month to month tenant. Ready for its next owner or investor to come in MUST preregister on the auction site prior to being approved to bid on the auction online! You may schedule an appointment to view and perform due diligence on the property prior to the auction close. * * * All property information to be verified by buyers * * * Property is sold with any outstanding code violations, liens, or expired permits. Buyer to do own research prior to bidding.

23. 2025-04-14
    listed $125,000 Active 622-char remark

    Show marketing remark (622 chars)

    Auction Property. * * * Auction will run September 30th to October 10th * * * This 2 bedrooms and 2 bathrooms mobile home with land share that has a month to month tenant. Ready for its next owner or investor to come in MUST preregister on the auction site prior to being approved to bid on the auction online! You may schedule an appointment to view and perform due diligence on the property prior to the auction close. * * * All property information to be verified by buyers * * * Property is sold with any outstanding code violations, liens, or expired permits. Buyer to do own research prior to bidding.

ⓘ 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: $1,814 · $151/mo
• Projected year-2 tax: $1,814 · $151/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 A · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 25 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: $20,001
• − Mortgage interest: −$8,122
• − Property taxes: −$1,814
• − Insurance: −$2,228
• − Repairs & maintenance: −$1,600
• − Management: −$1,600
• − HOA: −$2,856
• − Depreciation: −$4,218
• Taxable loss: −$2,437
• Est. tax savings @ 24.0%: +$585
• After-tax cash flow: $363/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 — Clearwater

• Score: 82/100
• State rank: #60
• US rank: #988

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pinellas County · 939,478 people
• City population: 170,933
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 18,290
• Household income: $74,728
• Rent vs Own: 20.2% rent · 79.8% own
• Severe rent burden: 336.0

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 (86%)
• Race & ethnicity: White 86% Hispanic / Latino 7% Two or more races 6% Asian 4%
• Hispanic origin (detail): Puerto Rican 1% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 4% Italian 2%
• Foreign-born: 15% · Canada, Jamaica, Vietnam
• Languages at home: 83% English-only · Spanish 5% Russian/Polish/Slavic 4% Other Indo-European 3%

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: ▼ -316.31%
• Current HPI: 281.6948
• Rent YoY: ▲ 0.11%
• 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

+16.0% since first listed

11 events — show timeline

• 2026-04-13 Price Changed $145,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-26 Price Changed $149,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-27 Listed $159,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-09 Sold (MLS) $52,500 Stellar MLS as Distributed by MLS Grid
• 2025-10-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-01 Price Changed $65,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-29 Price Changed $85,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-07-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-06-05 Price Changed $105,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-14 Listed $125,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+7.3%/yr

Latest (2025): $1,814 · +4.3% YoY. Source: county tax records.