8716 N Tangerine Pl · Tampa, FL 33617

$199,000

4 bd · 3.0 ba · 1,242 sqft · Manufactured public records · 58 Days on market

Built 1970 5,450 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 +24.6/30.0
• DSCR +8.0/10.0
• ARV discount +7.5/15.0
• 1% rule +5.8/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This excellent investment opportunity features a 4-bedroom, 2.5-bathroom home with potential to expand, located in a prime spot with no HOA or CDD fees. This property is set up like a duplex, with one side being 2 bedrooms and 1 bath and the other side being 2 bedrooms and 1.5 baths. You can live on one side and rent out the other to help with the mortgage. The property boasts a newer AC unit installed in 2020, making it an ideal candidate for rental income. Half home is block and addition is of a modular at some point by prior owner. While some cosmetic work is still needed, the property's location can't be beat - it's 2 block to Busch Gardens, shopping centers, bus stops, and major highways.

Key facts

• Newer ac unit
• Newer flooring
• No hoa or cdd fees

Tags

• INVESTMENT OPPORTUNITY
• POTENTIAL TO EXPAND
• NO HOA OR CDD FEES
• SET UP LIKE A DUPLEX
• NEWER AC UNIT
• NEWER FLOORING

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath manufactured listed at $199k.

Deal economics

• At list price, monthly cash flow is $413 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $199k).
• Recommended offer: $193k (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 soft (-0.3%/yr); 282 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• At $2,145/mo this rent would consume 51% of the median local household income ($51k/yr) (locally 3295% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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.
• 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 58 days — a 3% lower offer ($193k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 8y ago; this cycle's ask has dropped $30k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $130k; list at $199k implies a 52% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $193,030 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 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 1970 — 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: 1.08% ✓
• Cap rate: 8.78%
• Cash-on-cash: 8.88%
• DSCR: 1.40
• GRM: 7.7

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: -6.1%
• Equity multiple: 0.78×
• Total profit: $-12,285
• Equity at exit: $29,672

10-year hold

• IRR: -0.4%
• Equity multiple: 0.98×
• Total profit: $-1,264
• Equity at exit: $17,206

Cash invested: $55,720 (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 33617

• Rents YoY: -0.3%
• Active inventory: 282
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $2,145 high
• Mortgage (P&I): −$1,044
• Tax from tax record: −$156 /mo · $1,869/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$451
• Net cashflow: $413

Break-even live

Break-even rent $1,623

Max offer price $199,000

Occupancy floor 76%

Sensitivity live

Price	-10% $525	-5% $469	+0% $413	+5% $356	+10% $300
Rent	-10% $243	-5% $328	+0% $413	+5% $497	+10% $582
Rate	-1.0pp $513	-0.5pp $463	base $413	+0.5pp $361	+1.0pp $308

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8810 N Orangeview Ave Tampa, FL	3.0	2.0	1495	$2,448	$1.64	22d	1	0.19mi
4207 S Sandalwood Cir Tampa, FL	3.0	1.0	840	$1,827	$2.17	24d	1	0.22mi
4204 E Okara Rd Tampa, FL	3.0	1.0	1156	$1,795	$1.55	4d	1	0.50mi
4109 E 99th Ave Tampa, FL	3.0	2.0	1154	$1,975	$1.71	24d	1	0.62mi
9811 N Connechusett Rd Tampa, FL	3.0	2.0	1485	$2,185	$1.47	16d	1	0.69mi
5008 Sierra Pl Tampa, FL	3.0	2.0	1461	$2,161	$1.48	15d	1	0.75mi
5039 Chalet Ct Tampa, FL	1.0–3.0	1.0–2.0	1187	$2,005	$1.69	3d	13	0.78mi
8412 Rio Bravo Ct Tampa, FL	1.0–3.0	1.0–2.5	1014	$1,619	$1.60	24d	1	0.84mi
3002 E Yukon St Tampa, FL	3.0	2.0	1125	$2,020	$1.80	24d	1	0.87mi
10213 N Ojus Dr Tampa, FL	3.0	1.5	1050	$2,200	$2.10	24d	1	0.90mi
4418 Porpoise Dr Tampa, FL	3.0	2.0	975	$2,100	$2.15	12d	1	0.90mi
5003 Puritan Rd Tampa, FL	3.0	2.0	1469	$2,000	$1.36	5d	1	0.95mi
9805 N Myrtle St Tampa, FL	3.0	1.0	999	$1,900	$1.90	17d	1	1.00mi
2911 E 97th Ave Tampa, FL	3.0	2.0	1432	$2,500	$1.75	4d	1	1.03mi
4122 Waterside Island Ct Tampa, FL	3.0	2.5	1364	$1,800	$1.32	24d	1	1.06mi
7402 E Bank Dr #7402 Tampa, FL	3.0	2.5	1364	$2,800	$2.05	24d	1	1.06mi
4105 Waterside Island Ct Tampa, FL	3.0	2.5	1364	$2,195	$1.61	24d	1	1.07mi
4105 Waterside Island Ct Tampa, FL	3.0	2.5	1364	$1,995	$1.46	5d	1	1.07mi
7134 N 50th St Tampa, FL	3.0	1.0	915	$1,650	$1.80	24d	1	1.09mi
7121 Flounder Dr Tampa, FL	4.0	2.0	1262	$2,103	$1.67	24d	1	1.13mi
10420 McKinley Dr Tampa, FL	1.0–3.0	1.0–2.5	1347	$2,379	$1.77	2d	81	1.14mi
4113 Gradstone Pl Tampa, FL	3.0	2.5	1364	$1,590	$1.17	15d	1	1.14mi
4119 Gradstone Pl Tampa, FL	3.0	2.0	1364	$1,650	$1.21	14d	1	1.15mi
2610 E Annie St Tampa, FL	3.0	1.0	1032	$1,745	$1.69	5d	1	1.16mi
9805 N 53rd St Temple Terrace, FL	3.0	2.0	1474	$2,295	$1.56	3d	1	1.16mi
2609 E 98th Ave Tampa, FL	3.0	1.5	1053	$2,100	$1.99	5d	1	1.21mi
2608 E 97th Ave Tampa, FL	3.0	1.0	1162	$1,800	$1.55	24d	1	1.21mi
7113 N 50th St Tampa, FL	3.0	2.0	1338	$2,050	$1.53	21d	1	1.22mi
8901 Bertha Palmer Blvd Tampa, FL	1.0–3.0	1.0–2.0	973	$2,467	$2.53	3d	16	1.22mi
10608 N 50th St Tampa, FL	3.0	2.0	1200	$1,995	$1.66	5d	1	1.22mi
4420 Bass St Tampa, FL	4.0	2.0	1365	$2,045	$1.50	16d	1	1.25mi
5002 E Seneca Ave Tampa, FL	3.0	2.0	1004	$2,000	$1.99	24d	1	1.27mi
10307 Councils Way Temple Terrace, FL	3.0	2.0	1125	$1,800	$1.60	17d	1	1.28mi
4523 Dolphin Dr Tampa, FL	4.0	2.0	1375	$2,125	$1.55	5d	1	1.28mi
4102 Oak Knoll Ct Tampa, FL	1.0–3.0	1.0–2.0	912	$1,650	$1.81	3d	56	1.30mi
4102 Oak Knoll Ct Tampa, FL	3.0	2.0	1134	$1,550	$1.37	24d	1	1.30mi
5119 Chilkoot St Tampa, FL	3.0	2.0	1073	$2,150	$2.00	24d	1	1.31mi
10601 N 52nd St Temple Terrace, FL	3.0	2.0	1176	$2,400	$2.04	24d	1	1.38mi
4542 Tarpon Dr Tampa, FL	4.0	1.0	1191	$2,040	$1.71	5d	1	1.43mi
2014 E Humphrey St Tampa, FL	3.0	1.0	880	$1,690	$1.92	11d	1	1.44mi

Listing history 50 events

1. 2026-06-18
   days on market $199,000 Active 58 DOM
2. 2026-06-17
   days on market $199,000 Active 57 DOM
3. 2026-06-16
   days on market $199,000 Active 56 DOM
4. 2026-06-15
   days on market $199,000 Active 55 DOM
5. 2026-06-13
   days on market $199,000 Active 53 DOM
6. 2026-06-13
   days on market $199,000 Active 52 DOM
7. 2026-06-09
   days on market $199,000 Active 49 DOM
8. 2026-06-08
   days on market $199,000 Active 48 DOM
9. 2026-06-07
   days on market $199,000 Active 47 DOM
10. 2026-06-04
    days on market $199,000 Active 44 DOM
11. 2026-06-03
    days on market $199,000 Active 43 DOM
12. 2026-06-02
    days on market $199,000 Active 42 DOM
13. 2026-06-01
    days on market $199,000 Active 41 DOM
14. 2026-05-31
    days on market $199,000 Active 40 DOM
15. 2026-04-28
    price $199,000 702-char remark

    Show marketing remark (702 chars)

    This excellent investment opportunity features a 4-bedroom, 2.5-bathroom home with potential to expand, located in a prime spot with no HOA or CDD fees. This property is set up like a duplex, with one side being 2 bedrooms and 1 bath and the other side being 2 bedrooms and 1.5 baths. You can live on one side and rent out the other to help with the mortgage. The property boasts a newer AC unit installed in 2020, making it an ideal candidate for rental income. Half home is block and addition is of a modular at some point by prior owner. While some cosmetic work is still needed, the property's location can't be beat - it's 2 block to Busch Gardens, shopping centers, bus stops, and major highways.

16. 2026-04-21
    listed $229,000 Active 702-char remark

    Show marketing remark (702 chars)

    This excellent investment opportunity features a 4-bedroom, 2.5-bathroom home with potential to expand, located in a prime spot with no HOA or CDD fees. This property is set up like a duplex, with one side being 2 bedrooms and 1 bath and the other side being 2 bedrooms and 1.5 baths. You can live on one side and rent out the other to help with the mortgage. The property boasts a newer AC unit installed in 2020, making it an ideal candidate for rental income. Half home is block and addition is of a modular at some point by prior owner. While some cosmetic work is still needed, the property's location can't be beat - it's 2 block to Busch Gardens, shopping centers, bus stops, and major highways.

17. 2024-11-11
    historical
18. 2024-09-04
    status Active
19. 2024-09-04
    price $240,000
20. 2024-08-30
    historical
21. 2024-07-19
    status Active
22. 2024-07-12
    status Pending
23. 2024-06-03
    listed $250,000 Active
24. 2024-01-27
    historical
25. 2023-10-13
    price $276,000
26. 2023-08-25
    listed $299,000 Active
27. 2021-08-13
    soldstatus $130,500
28. 2021-07-23
    soldstatus $130,500 Closed
29. 2021-06-22
    status Pending
30. 2021-06-19
    listed $129,000 Active
31. 2021-01-19
    historical
32. 2020-12-12
    listed $135,000 Active
33. 2019-11-17
    historical
34. 2019-10-25
    price $99,000
35. 2019-10-01
    status Active
36. 2019-03-22
    historical
37. 2019-02-02
    listed $125,000 Active
38. 2018-09-16
    price $125,000
39. 2018-09-16
    historical
40. 2018-09-04
    price $89,000
41. 2018-07-18
    price $99,900
42. 2018-06-30
    price $115,000
43. 2018-06-30
    status Active
44. 2018-06-07
    soldstatus $52,500
45. 2018-06-04
    historical
46. 2018-05-28
    listed $89,900 Active
47. 2018-05-18
    soldstatus $52,500 Sold
48. 2018-05-05
    status Pending
49. 2018-04-20
    listed $69,900 Active
50. 1990-10-01
    soldstatus $29,700

ⓘ 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: $1,869 · $156/mo
• Projected year-2 tax: $1,869 · $156/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 ≥109°F today · 26 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: $25,743
• − Mortgage interest: −$11,147
• − Property taxes: −$1,869
• − Insurance: −$995
• − Repairs & maintenance: −$2,059
• − Management: −$2,059
• − Depreciation: −$5,789
• Taxable income: $1,824
• Est. tax owed @ 24.0%: −$438
• After-tax cash flow: $4,512/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: 45,396
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 47,851
• Household income: $50,948
• Rent vs Own: 56.8% rent · 43.2% own
• Severe rent burden: 3295.0

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: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: Black 36% White 33% Hispanic / Latino 23% Two or more races 14% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 7% Cuban 4% Dominican 2%
• Common ancestry: Hispanic 3% Lithuanian 1% Romanian 1%
• Foreign-born: 17% · Canada, Vietnam, Jamaica
• Languages at home: 74% English-only · Spanish 15% Arabic 3% French/Haitian/Cajun 3%

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: ▼ -243.20%
• Current HPI: 352.4572
• Rent YoY: ▼ -0.33%
• 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

+570.0% since first listed

36 events — show timeline

• 2026-04-28 Price Changed $199,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-21 Listed $229,000 Stellar MLS as Distributed by MLS Grid
• 2024-11-11 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-09-04 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-09-04 Price Changed $240,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-07-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-07-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-06-03 Listed $250,000 Stellar MLS as Distributed by MLS Grid
• 2024-01-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-10-13 Price Changed $276,000 Stellar MLS as Distributed by MLS Grid
• 2023-08-25 Listed $299,000 Stellar MLS as Distributed by MLS Grid
• 2021-08-13 Sold (Public Records) $130,500 Public Records
• 2021-07-23 Sold (MLS) $130,500 Stellar MLS as Distributed by MLS Grid
• 2021-06-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-06-19 Listed $129,000 Stellar MLS as Distributed by MLS Grid
• 2021-01-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2020-12-12 Listed $135,000 Stellar MLS as Distributed by MLS Grid
• 2019-11-17 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2019-10-25 Price Changed $99,000 Stellar MLS as Distributed by MLS Grid
• 2019-10-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2019-03-22 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2019-02-02 Listed $125,000 Stellar MLS as Distributed by MLS Grid
• 2018-09-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-09-16 Price Changed $125,000 Stellar MLS as Distributed by MLS Grid
• 2018-09-04 Price Changed $89,000 Stellar MLS as Distributed by MLS Grid
• 2018-07-18 Price Changed $99,900 Stellar MLS as Distributed by MLS Grid
• 2018-06-30 Price Changed $115,000 Stellar MLS as Distributed by MLS Grid
• 2018-06-30 Relisted — Stellar MLS as Distributed by MLS Grid
• 2018-06-07 Sold (Public Records) $52,500 Public Records
• 2018-06-04 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-05-28 Listed $89,900 Stellar MLS as Distributed by MLS Grid
• 2018-05-18 Sold (MLS) $52,500 Stellar MLS as Distributed by MLS Grid
• 2018-05-05 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-04-20 Listed $69,900 Stellar MLS as Distributed by MLS Grid
• 1990-10-01 Sold (Public Records) $29,700 Public Records

Property tax history

+15.5%/yr

Latest (2025): $1,869 · +3.8% YoY. Source: county tax records.