4851 W Gandy Blvd Unit B4 L32 · Tampa, FL 33611

$99,000

2 bd · 1.0 ba · 740 sqft · Condo public records · 896 Days on market

Built 1959 $369/mo HOA · 15% of rent ↓ 29% since listing

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

(Price Improvement). Resident owned - No Lot rental fee – Discover this hidden gem 55+ Waterfront Gated Community in the sought-after location of South Tampa right on Tampa Bay at the most affordable price in the current market. Fun-filled and friendship-filled living, come and visit this affordable home within steps of the water in the sunshine state of Florida and STUNNING GORGEOUS Sunsets at the point. Look no further; here is a well-maintained property, one bedroom that can be restored to a 2 bedroom, with a step-in shower. This home has a large carport. New HVAC unit. The owner has replaced all the windows with double panes with interior shutters. Newer metal roof from 2011. Plumbing and electrical updated. Move-in ready! The house has laminated flooring in all areas (no carpets here), the sub-floor was done, and a nice-sized kitchen with all-white appliances, including a range, refrigerator, and microwave. The layout is ideal and convenient, with many storage cabinets all around. So much natural light flows into the home. Large Convenient shed for extra storage. Laundry room with stacked washer/dryer! and extra space for storage. This mobile home feels like a single-family home—a good-sized lot adorned by mature trees and a carport with space for two cars. Water, sewer, and trash are INCLUDED in the low monthly maintenance fee of $369. Regency Cove is a hidden Gem in South Tampa! Amenities include a heated pool, hot tub, recreation room, fitness room, clubhouse, billiards, covered and uncovered shuffleboard, fishing pier, waterfront picnic pavilions, community fire pit with several options for barbecuing, bay front walkways for strolling with spectacular open bay views & boat access. Boat slips are available for rent (upon availability), as well as RV/trailer/boat storage. There are plenty of activities to keep you busy or watch the serene sunset over the water in a beautifully well-maintained neighborhood. Great location with easy access to Downtown Tampa, St. Pete, Clearwater, world-renowned Beaches like Clearwater & St. Pete Beaches, airports, shopping, supermarkets/pharmacies, Hyde Park, Bayshore, Westshore, International Mall, and restaurants. If you have health concerns, you are less than 15 minutes from Tampa’s only trauma 1 hospital, Tampa General Hospital. Also, parks and MacDill Air Force Base. Ideal property for those who want to flee the cold and snow to ENJOY THE FLORIDA SUNSHINE. Do not miss your chance to own a PIECE OF PARADISE! Call today for a private showing and discover this HIDDEN GEM in South Tampa on the Bay. (No Lot rental fee, resident-owned community). HABLO ESPAÑOL! (The official records shows 2 bedrooms, on-situs is 1 bedroom, but could be made back to 2 bedrooms, see plans attached - Carport roof was removed).

Key facts

• 2 parking spots
• Community pool
• Built 1959

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $99k.

Deal economics

• At list price, monthly cash flow is $506 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $99k).
• Recommended offer: $87k (12.0% 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: 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.
• Zoned schools: Anderson Elementary School (math 52% / reading 52%, grade C-, #990 of 2,144 statewide, top 48%, 304 students, 46% FRL); Madison Middle School (math 43% / reading 46%, grade D, #320 of 571 statewide, top 57%, 563 students, 65% FRL); Robinson High School (math 43% / reading 63%, grade C-, #148 of 667 statewide, top 23%, 1,354 students, 41% FRL) — zoned schools at 51% FRL track the district average.
• Market conditions: Rents flat; 423 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals leasing fast (median 1d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• This rent runs 33% of the median local income ($91k/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 $684 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 0.7% rent growth), your $28k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 896 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $41k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 896 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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. 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?
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 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: 2.52% ✓
• Cap rate: 17.59%
• Cash-on-cash: 40.36%
• DSCR: 2.80
• GRM: 3.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.69% rent growth · sell at horizon

5-year hold

• IRR: 10.5%
• Equity multiple: 1.40×
• Total profit: $11,031
• Equity at exit: $14,761

10-year hold

• IRR: 16.4%
• Equity multiple: 2.12×
• Total profit: $31,018
• Equity at exit: $8,560

Cash invested: $27,720 (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 33611

• Rents YoY: 0.7%
• Active inventory: 423
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $2,490 high
• Mortgage (P&I): −$519
• Tax from tax record: −$105 /mo · $1,264/yr
• Insurance: −$41
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$369
• Vacancy / Maint / Mgmt: −$523
• Net cashflow: $506

Break-even live

Break-even rent $1,850

Max offer price $99,000

Occupancy floor 75%

Sensitivity live

Price	-10% $562	-5% $534	+0% $506	+5% $478	+10% $450
Rent	-10% $309	-5% $407	+0% $506	+5% $604	+10% $703
Rate	-1.0pp $556	-0.5pp $531	base $506	+0.5pp $480	+1.0pp $454

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5000 Culbreath Key Way Tampa, FL	1.0–2.0	1.0–2.0	847	$2,995	$3.54	4d	3	0.20mi
4800 S West Shore Blvd Tampa, FL	1.0–2.0	1.0–2.0	801	$2,256	$2.82	0d	18	0.21mi
4851 W Gandy Blvd Tampa, FL	1.0–2.0	1.0–2.0	910	$2,500	$2.75	0d	2	0.24mi
4922 W Gandy Blvd #102 Tampa, FL	1.0	1.0	595	$1,450	$2.44	13d	1	0.29mi
5001 Bridge St Tampa, FL	2.0	1.0–2.0	913	$3,422	$3.75	1d	9	0.53mi
4003 S West Shore Blvd Tampa, FL	2.0	1.0–2.0	690	$1,950	$2.82	1d	304	0.62mi
5320 S West Shore Blvd Tampa, FL	2.0	1.0–2.0	865	$3,110	$3.60	1d	20	0.70mi
5127 W Tyson Ave Tampa, FL	3.0	1.0–2.5	1078	$4,469	$4.14	0d	29	0.72mi
5110 S Manhattan Ave Tampa, FL	1.0–3.0	1.0–2.0	997	$2,686	$2.69	1d	23	0.86mi
4002 S Manhattan Ave Tampa, FL	1.0	1.0	650	$1,549	$2.38	1d	3	0.91mi
5432 W Tyson Ave Tampa, FL	2.0	1.0–2.0	866	$3,668	$4.24	0d	52	1.06mi
5145 S Dale Mabry Hwy Tampa, FL	3.0	1.0–2.0	1057	$3,253	$3.08	0d	20	1.14mi
5055 S Dale Mabry Hwy Tampa, FL	2.0	1.0–2.0	797	$2,000	$2.51	4d	28	1.22mi
6207 S West Shore Blvd Tampa, FL	3.0	1.0–2.0	1076	$3,930	$3.65	0d	38	1.24mi
6301 S West Shore Blvd Tampa, FL	2.0	1.0–2.0	687	$1,827	$2.66	0d	34	1.45mi
3814 W Euclid Ave Tampa, FL	1.0	1.0	650	$1,500	$2.31	26d	2	1.48mi

HOA detail condo

• Monthly dues: $369 · $4,428/yr
• Likely covers: watersewertrashelectricpoolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-21
   days on market $99,000 Active 896 DOM
2. 2026-06-18
   days on market $99,000 Active 893 DOM
3. 2026-06-17
   days on market $99,000 Active 892 DOM
4. 2026-06-16
   days on market $99,000 Active 891 DOM
5. 2026-06-15
   days on market $99,000 Active 890 DOM
6. 2026-06-13
   days on market $99,000 Active 888 DOM
7. 2026-06-13
   days on market $99,000 Active 887 DOM
8. 2026-06-09
   days on market $99,000 Active 884 DOM
9. 2026-06-08
   days on market $99,000 Active 883 DOM
10. 2026-06-07
    days on market $99,000 Active 882 DOM
11. 2026-06-04
    days on market $99,000 Active 879 DOM
12. 2026-06-03
    days on market $99,000 Active 878 DOM
13. 2026-06-02
    days on market $99,000 Active 877 DOM
14. 2026-06-01
    days on market $99,000 Active 876 DOM
15. 2026-05-31
    days on market $99,000 Active 875 DOM
16. 2026-01-06
    status Active 2831-char remark

    Show marketing remark (2831 chars)

    (Price Improvement). Resident owned - No Lot rental fee – Discover this hidden gem 55+ Waterfront Gated Community in the sought-after location of South Tampa right on Tampa Bay at the most affordable price in the current market. Fun-filled and friendship-filled living, come and visit this affordable home within steps of the water in the sunshine state of Florida and STUNNING GORGEOUS Sunsets at the point. Look no further; here is a well-maintained property, one bedroom that can be restored to a 2 bedroom, with a step-in shower. This home has a large carport. New HVAC unit. The owner has replaced all the windows with double panes with interior shutters. Newer metal roof from 2011. Plumbing and electrical updated. Move-in ready! The house has laminated flooring in all areas (no carpets here), the sub-floor was done, and a nice-sized kitchen with all-white appliances, including a range, refrigerator, and microwave. The layout is ideal and convenient, with many storage cabinets all around. So much natural light flows into the home. Large Convenient shed for extra storage. Laundry room with stacked washer/dryer! and extra space for storage. This mobile home feels like a single-family home—a good-sized lot adorned by mature trees and a carport with space for two cars. Water, sewer, and trash are INCLUDED in the low monthly maintenance fee of $369. Regency Cove is a hidden Gem in South Tampa! Amenities include a heated pool, hot tub, recreation room, fitness room, clubhouse, billiards, covered and uncovered shuffleboard, fishing pier, waterfront picnic pavilions, community fire pit with several options for barbecuing, bay front walkways for strolling with spectacular open bay views & boat access. Boat slips are available for rent (upon availability), as well as RV/trailer/boat storage. There are plenty of activities to keep you busy or watch the serene sunset over the water in a beautifully well-maintained neighborhood. Great location with easy access to Downtown Tampa, St. Pete, Clearwater, world-renowned Beaches like Clearwater & St. Pete Beaches, airports, shopping, supermarkets/pharmacies, Hyde Park, Bayshore, Westshore, International Mall, and restaurants. If you have health concerns, you are less than 15 minutes from Tampa’s only trauma 1 hospital, Tampa General Hospital. Also, parks and MacDill Air Force Base. Ideal property for those who want to flee the cold and snow to ENJOY THE FLORIDA SUNSHINE. Do not miss your chance to own a PIECE OF PARADISE! Call today for a private showing and discover this HIDDEN GEM in South Tampa on the Bay. (No Lot rental fee, resident-owned community). HABLO ESPAÑOL! (The official records shows 2 bedrooms, on-situs is 1 bedroom, but could be made back to 2 bedrooms, see plans attached - Carport roof was removed).

17. 2026-01-06
    price $99,000 2831-char remark

    Show marketing remark (2831 chars)

    (Price Improvement). Resident owned - No Lot rental fee – Discover this hidden gem 55+ Waterfront Gated Community in the sought-after location of South Tampa right on Tampa Bay at the most affordable price in the current market. Fun-filled and friendship-filled living, come and visit this affordable home within steps of the water in the sunshine state of Florida and STUNNING GORGEOUS Sunsets at the point. Look no further; here is a well-maintained property, one bedroom that can be restored to a 2 bedroom, with a step-in shower. This home has a large carport. New HVAC unit. The owner has replaced all the windows with double panes with interior shutters. Newer metal roof from 2011. Plumbing and electrical updated. Move-in ready! The house has laminated flooring in all areas (no carpets here), the sub-floor was done, and a nice-sized kitchen with all-white appliances, including a range, refrigerator, and microwave. The layout is ideal and convenient, with many storage cabinets all around. So much natural light flows into the home. Large Convenient shed for extra storage. Laundry room with stacked washer/dryer! and extra space for storage. This mobile home feels like a single-family home—a good-sized lot adorned by mature trees and a carport with space for two cars. Water, sewer, and trash are INCLUDED in the low monthly maintenance fee of $369. Regency Cove is a hidden Gem in South Tampa! Amenities include a heated pool, hot tub, recreation room, fitness room, clubhouse, billiards, covered and uncovered shuffleboard, fishing pier, waterfront picnic pavilions, community fire pit with several options for barbecuing, bay front walkways for strolling with spectacular open bay views & boat access. Boat slips are available for rent (upon availability), as well as RV/trailer/boat storage. There are plenty of activities to keep you busy or watch the serene sunset over the water in a beautifully well-maintained neighborhood. Great location with easy access to Downtown Tampa, St. Pete, Clearwater, world-renowned Beaches like Clearwater & St. Pete Beaches, airports, shopping, supermarkets/pharmacies, Hyde Park, Bayshore, Westshore, International Mall, and restaurants. If you have health concerns, you are less than 15 minutes from Tampa’s only trauma 1 hospital, Tampa General Hospital. Also, parks and MacDill Air Force Base. Ideal property for those who want to flee the cold and snow to ENJOY THE FLORIDA SUNSHINE. Do not miss your chance to own a PIECE OF PARADISE! Call today for a private showing and discover this HIDDEN GEM in South Tampa on the Bay. (No Lot rental fee, resident-owned community). HABLO ESPAÑOL! (The official records shows 2 bedrooms, on-situs is 1 bedroom, but could be made back to 2 bedrooms, see plans attached - Carport roof was removed).

18. 2026-01-04
    historical 2831-char remark

    Show marketing remark (2831 chars)

    (Price Improvement). Resident owned - No Lot rental fee – Discover this hidden gem 55+ Waterfront Gated Community in the sought-after location of South Tampa right on Tampa Bay at the most affordable price in the current market. Fun-filled and friendship-filled living, come and visit this affordable home within steps of the water in the sunshine state of Florida and STUNNING GORGEOUS Sunsets at the point. Look no further; here is a well-maintained property, one bedroom that can be restored to a 2 bedroom, with a step-in shower. This home has a large carport. New HVAC unit. The owner has replaced all the windows with double panes with interior shutters. Newer metal roof from 2011. Plumbing and electrical updated. Move-in ready! The house has laminated flooring in all areas (no carpets here), the sub-floor was done, and a nice-sized kitchen with all-white appliances, including a range, refrigerator, and microwave. The layout is ideal and convenient, with many storage cabinets all around. So much natural light flows into the home. Large Convenient shed for extra storage. Laundry room with stacked washer/dryer! and extra space for storage. This mobile home feels like a single-family home—a good-sized lot adorned by mature trees and a carport with space for two cars. Water, sewer, and trash are INCLUDED in the low monthly maintenance fee of $369. Regency Cove is a hidden Gem in South Tampa! Amenities include a heated pool, hot tub, recreation room, fitness room, clubhouse, billiards, covered and uncovered shuffleboard, fishing pier, waterfront picnic pavilions, community fire pit with several options for barbecuing, bay front walkways for strolling with spectacular open bay views & boat access. Boat slips are available for rent (upon availability), as well as RV/trailer/boat storage. There are plenty of activities to keep you busy or watch the serene sunset over the water in a beautifully well-maintained neighborhood. Great location with easy access to Downtown Tampa, St. Pete, Clearwater, world-renowned Beaches like Clearwater & St. Pete Beaches, airports, shopping, supermarkets/pharmacies, Hyde Park, Bayshore, Westshore, International Mall, and restaurants. If you have health concerns, you are less than 15 minutes from Tampa’s only trauma 1 hospital, Tampa General Hospital. Also, parks and MacDill Air Force Base. Ideal property for those who want to flee the cold and snow to ENJOY THE FLORIDA SUNSHINE. Do not miss your chance to own a PIECE OF PARADISE! Call today for a private showing and discover this HIDDEN GEM in South Tampa on the Bay. (No Lot rental fee, resident-owned community). HABLO ESPAÑOL! (The official records shows 2 bedrooms, on-situs is 1 bedroom, but could be made back to 2 bedrooms, see plans attached - Carport roof was removed).

19. 2025-06-03
    price $119,900 2831-char remark

    Show marketing remark (2831 chars)

    (Price Improvement). Resident owned - No Lot rental fee – Discover this hidden gem 55+ Waterfront Gated Community in the sought-after location of South Tampa right on Tampa Bay at the most affordable price in the current market. Fun-filled and friendship-filled living, come and visit this affordable home within steps of the water in the sunshine state of Florida and STUNNING GORGEOUS Sunsets at the point. Look no further; here is a well-maintained property, one bedroom that can be restored to a 2 bedroom, with a step-in shower. This home has a large carport. New HVAC unit. The owner has replaced all the windows with double panes with interior shutters. Newer metal roof from 2011. Plumbing and electrical updated. Move-in ready! The house has laminated flooring in all areas (no carpets here), the sub-floor was done, and a nice-sized kitchen with all-white appliances, including a range, refrigerator, and microwave. The layout is ideal and convenient, with many storage cabinets all around. So much natural light flows into the home. Large Convenient shed for extra storage. Laundry room with stacked washer/dryer! and extra space for storage. This mobile home feels like a single-family home—a good-sized lot adorned by mature trees and a carport with space for two cars. Water, sewer, and trash are INCLUDED in the low monthly maintenance fee of $369. Regency Cove is a hidden Gem in South Tampa! Amenities include a heated pool, hot tub, recreation room, fitness room, clubhouse, billiards, covered and uncovered shuffleboard, fishing pier, waterfront picnic pavilions, community fire pit with several options for barbecuing, bay front walkways for strolling with spectacular open bay views & boat access. Boat slips are available for rent (upon availability), as well as RV/trailer/boat storage. There are plenty of activities to keep you busy or watch the serene sunset over the water in a beautifully well-maintained neighborhood. Great location with easy access to Downtown Tampa, St. Pete, Clearwater, world-renowned Beaches like Clearwater & St. Pete Beaches, airports, shopping, supermarkets/pharmacies, Hyde Park, Bayshore, Westshore, International Mall, and restaurants. If you have health concerns, you are less than 15 minutes from Tampa’s only trauma 1 hospital, Tampa General Hospital. Also, parks and MacDill Air Force Base. Ideal property for those who want to flee the cold and snow to ENJOY THE FLORIDA SUNSHINE. Do not miss your chance to own a PIECE OF PARADISE! Call today for a private showing and discover this HIDDEN GEM in South Tampa on the Bay. (No Lot rental fee, resident-owned community). HABLO ESPAÑOL! (The official records shows 2 bedrooms, on-situs is 1 bedroom, but could be made back to 2 bedrooms, see plans attached - Carport roof was removed).

20. 2024-02-17
    price $134,900 2831-char remark

    Show marketing remark (2831 chars)

    (Price Improvement). Resident owned - No Lot rental fee – Discover this hidden gem 55+ Waterfront Gated Community in the sought-after location of South Tampa right on Tampa Bay at the most affordable price in the current market. Fun-filled and friendship-filled living, come and visit this affordable home within steps of the water in the sunshine state of Florida and STUNNING GORGEOUS Sunsets at the point. Look no further; here is a well-maintained property, one bedroom that can be restored to a 2 bedroom, with a step-in shower. This home has a large carport. New HVAC unit. The owner has replaced all the windows with double panes with interior shutters. Newer metal roof from 2011. Plumbing and electrical updated. Move-in ready! The house has laminated flooring in all areas (no carpets here), the sub-floor was done, and a nice-sized kitchen with all-white appliances, including a range, refrigerator, and microwave. The layout is ideal and convenient, with many storage cabinets all around. So much natural light flows into the home. Large Convenient shed for extra storage. Laundry room with stacked washer/dryer! and extra space for storage. This mobile home feels like a single-family home—a good-sized lot adorned by mature trees and a carport with space for two cars. Water, sewer, and trash are INCLUDED in the low monthly maintenance fee of $369. Regency Cove is a hidden Gem in South Tampa! Amenities include a heated pool, hot tub, recreation room, fitness room, clubhouse, billiards, covered and uncovered shuffleboard, fishing pier, waterfront picnic pavilions, community fire pit with several options for barbecuing, bay front walkways for strolling with spectacular open bay views & boat access. Boat slips are available for rent (upon availability), as well as RV/trailer/boat storage. There are plenty of activities to keep you busy or watch the serene sunset over the water in a beautifully well-maintained neighborhood. Great location with easy access to Downtown Tampa, St. Pete, Clearwater, world-renowned Beaches like Clearwater & St. Pete Beaches, airports, shopping, supermarkets/pharmacies, Hyde Park, Bayshore, Westshore, International Mall, and restaurants. If you have health concerns, you are less than 15 minutes from Tampa’s only trauma 1 hospital, Tampa General Hospital. Also, parks and MacDill Air Force Base. Ideal property for those who want to flee the cold and snow to ENJOY THE FLORIDA SUNSHINE. Do not miss your chance to own a PIECE OF PARADISE! Call today for a private showing and discover this HIDDEN GEM in South Tampa on the Bay. (No Lot rental fee, resident-owned community). HABLO ESPAÑOL! (The official records shows 2 bedrooms, on-situs is 1 bedroom, but could be made back to 2 bedrooms, see plans attached - Carport roof was removed).

21. 2024-01-05
    listed $139,900 Active 2831-char remark

    Show marketing remark (2831 chars)

    (Price Improvement). Resident owned - No Lot rental fee – Discover this hidden gem 55+ Waterfront Gated Community in the sought-after location of South Tampa right on Tampa Bay at the most affordable price in the current market. Fun-filled and friendship-filled living, come and visit this affordable home within steps of the water in the sunshine state of Florida and STUNNING GORGEOUS Sunsets at the point. Look no further; here is a well-maintained property, one bedroom that can be restored to a 2 bedroom, with a step-in shower. This home has a large carport. New HVAC unit. The owner has replaced all the windows with double panes with interior shutters. Newer metal roof from 2011. Plumbing and electrical updated. Move-in ready! The house has laminated flooring in all areas (no carpets here), the sub-floor was done, and a nice-sized kitchen with all-white appliances, including a range, refrigerator, and microwave. The layout is ideal and convenient, with many storage cabinets all around. So much natural light flows into the home. Large Convenient shed for extra storage. Laundry room with stacked washer/dryer! and extra space for storage. This mobile home feels like a single-family home—a good-sized lot adorned by mature trees and a carport with space for two cars. Water, sewer, and trash are INCLUDED in the low monthly maintenance fee of $369. Regency Cove is a hidden Gem in South Tampa! Amenities include a heated pool, hot tub, recreation room, fitness room, clubhouse, billiards, covered and uncovered shuffleboard, fishing pier, waterfront picnic pavilions, community fire pit with several options for barbecuing, bay front walkways for strolling with spectacular open bay views & boat access. Boat slips are available for rent (upon availability), as well as RV/trailer/boat storage. There are plenty of activities to keep you busy or watch the serene sunset over the water in a beautifully well-maintained neighborhood. Great location with easy access to Downtown Tampa, St. Pete, Clearwater, world-renowned Beaches like Clearwater & St. Pete Beaches, airports, shopping, supermarkets/pharmacies, Hyde Park, Bayshore, Westshore, International Mall, and restaurants. If you have health concerns, you are less than 15 minutes from Tampa’s only trauma 1 hospital, Tampa General Hospital. Also, parks and MacDill Air Force Base. Ideal property for those who want to flee the cold and snow to ENJOY THE FLORIDA SUNSHINE. Do not miss your chance to own a PIECE OF PARADISE! Call today for a private showing and discover this HIDDEN GEM in South Tampa on the Bay. (No Lot rental fee, resident-owned community). HABLO ESPAÑOL! (The official records shows 2 bedrooms, on-situs is 1 bedroom, but could be made back to 2 bedrooms, see plans attached - Carport roof was removed).

ⓘ 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: $1,264 · $105/mo
• Projected year-2 tax: $1,264 · $105/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 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,880
• − Mortgage interest: −$5,546
• − Property taxes: −$1,264
• − Insurance: −$5,614
• − Repairs & maintenance: −$2,390
• − Management: −$2,390
• − HOA: −$4,428
• − Depreciation: −$2,880
• Taxable income: $5,368
• Est. tax owed @ 24.0%: −$1,288
• After-tax cash flow: $4,781/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): 36,810
• Household income: $90,910
• Rent vs Own: 46.3% rent · 53.7% own
• Severe rent burden: 1761.0

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: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 14% Two or more races 12% Black 5% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 4%
• Common ancestry: Romanian 3% Slovak 2% Lithuanian 2%
• Foreign-born: 12% · Canada, Vietnam, Jamaica
• Languages at home: 85% English-only · Spanish 7% Other Indo-European 2% Vietnamese 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: ▼ -328.23%
• Current HPI: 374.7996
• Rent YoY: ▲ 0.69%
• 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

-29.2% since first listed

6 events — show timeline

• 2026-01-06 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-06 Price Changed $99,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-04 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-06-03 Price Changed $119,900 Stellar MLS as Distributed by MLS Grid
• 2024-02-17 Price Changed $134,900 Stellar MLS as Distributed by MLS Grid
• 2024-01-05 Listed $139,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+6.2%/yr

Latest (2025): $1,264 · +5.7% YoY. Source: county tax records.