6720 Park Blvd N #1 · Pinellas Park, FL 33781

$79,000

1 bd · 1.0 ba · 440 sqft · Manufactured public records · 77 Days on market

Built 2002 6.21 ac lot $207/mo HOA · 16% of rent ↓ 49% 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 +29.2/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks

Charming and affordable manufactured home located in a resident-owned community—perfect for those looking to escape the northern winters and enjoy the Florida lifestyle year-round! This well-maintained home offers low monthly maintenance fees of just $207, which include water, sewer, lawn care, and garbage pickup. Ideally situated just minutes from Largo Mall, Seminole City Center, a variety of restaurants, and both Clearwater and Tampa International Airports, with our beautiful sugar sand beaches only approximately 8 miles away. Owner will consider Owner Financing. This property is located in a no-flood zone and experienced no water damage during recent storms, offering added peace

Key facts

• Manufactured home
• No flood zone
• 6.21 acre lot

Tags

• MANUFACTURED HOME
• RESIDENT OWNED COMMUNITY
• LOW MONTHLY MAINTENANCE FEES
• NO FLOOD ZONE
• DURABLE PLYWOOD CONSTRUCTION
• RATED FOR WIND ZONE 3

Property features AI

Finance

• Other: Property type: Residential; Property subtype: Manufactured Home; Total lot size: 6.21 acres
• Financial info: Total annual fees: $2,484
• HOA & community: Has HOA with monthly fee of $207; Association contact: Peter Brown; Community features include street lights; Senior community; Pets allowed (max weight 50 lbs)

Exterior

• Parking: Parking available (details not provided)
• Utilities: Public water; Public sewer; Cable available; Electricity available; Water connected
• Home design: Manufactured double-wide home; Single-story; Faces west; Entry level: One
• Construction: Vinyl siding; Shingle roof; Crawlspace foundation with pillar/post/pier
• Exterior features: Exterior lighting; Rain gutters; Asphalt road access

Interior

• Kitchen: Exhaust fan; Microwave; Range; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Ductless heating; Mini-split cooling
• Interior features: Ceiling fans; Eat-in kitchen; Kitchen/family room combo; Window treatments
• Laundry & utility: Common area laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $79k.

Deal economics

• At list price, monthly cash flow is $275 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $79k).
• Recommended offer: $74k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 4.0% in Pinellas Park — 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 78/100 on livability (#170 in FL, #2,546 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools D-, amenities F.
• 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 soft (-3.0%/yr); 226 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $546 of loan paydown is wiped out by about $2k 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 77 days — a 6% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y 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.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; 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 $74,260 (6.0% below list)

Questions for the listing agent

1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.68% ✓
• Cap rate: 10.48%
• Cash-on-cash: 14.94%
• DSCR: 1.66
• GRM: 5.0

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: 1.3%
• Equity multiple: 1.05×
• Total profit: $1,013
• Equity at exit: $11,779

10-year hold

• IRR: 6.6%
• Equity multiple: 1.41×
• Total profit: $9,105
• Equity at exit: $6,830

Cash invested: $22,120 (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 33781

• Rents YoY: -3.0%
• Active inventory: 226
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,325 medium
• Mortgage (P&I): −$414
• Tax from tax record: −$117 /mo · $1,406/yr
• Insurance: −$33
• HOA: −$207
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $275

Break-even live

Break-even rent $976

Max offer price $79,000

Occupancy floor 74%

Sensitivity live

Price	-10% $320	-5% $298	+0% $275	+5% $253	+10% $231
Rent	-10% $171	-5% $223	+0% $275	+5% $328	+10% $380
Rate	-1.0pp $315	-0.5pp $295	base $275	+0.5pp $255	+1.0pp $234

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: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5720 79th Ave Unit B Pinellas Park, FL	—	1.0	276	$1,200	$4.35	25d	1	1.27mi

HOA detail

• Monthly dues: $207 · $2,484/yr
• Likely covers: watersewertrashlandscaping

Listing history 18 events

1. 2026-06-18
   days on market $79,000 Active 77 DOM
2. 2026-06-17
   days on market $79,000 Active 76 DOM
3. 2026-06-16
   days on market $79,000 Active 75 DOM
4. 2026-06-15
   days on market $79,000 Active 74 DOM
5. 2026-06-13
   days on market $79,000 Active 72 DOM
6. 2026-06-09
   days on market $79,000 Active 68 DOM
7. 2026-06-08
   days on market $79,000 Active 67 DOM
8. 2026-06-07
   days on market $79,000 Active 66 DOM
9. 2026-06-04
   days on market $79,000 Active 63 DOM
10. 2026-06-03
    days on market $79,000 Active 62 DOM
11. 2026-06-01
    days on market $79,000 Active 60 DOM
12. 2026-05-31
    days on market $79,000 Active 59 DOM
13. 2026-04-02
    listed $79,000 Active
14. 2026-02-28
    historical
15. 2026-02-05
    price $99,900
16. 2025-08-30
    listed $119,900 Active
17. 2025-02-13
    historical
18. 2024-08-23
    listed $155,900 Active

ⓘ 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: $1,406 · $117/mo
• Projected year-2 tax: $1,406 · $117/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 5/10 Major FEMA zone X (shaded) · 46% 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 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,900
• − Mortgage interest: −$4,425
• − Property taxes: −$1,406
• − Insurance: −$395
• − Repairs & maintenance: −$1,272
• − Management: −$1,272
• − HOA: −$2,484
• − Depreciation: −$2,298
• Taxable income: $2,348
• Est. tax owed @ 24.0%: −$563
• After-tax cash flow: $2,741/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 — Pinellas Park

• Score: 78/100
• State rank: #170
• US rank: #2546

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pinellas Park, FL
• County: Pinellas County · 939,478 people
• City population: 50,533
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 28,072
• Household income: $57,785
• Rent vs Own: 35.6% rent · 64.4% own
• Severe rent burden: 1115.0

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: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 59% Hispanic / Latino 16% Asian 14% Two or more races 11% Black 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 5%
• Common ancestry: Romanian 3% Lithuanian 3% Slovak 2%
• Foreign-born: 18% · Canada, Vietnam, Jamaica
• Languages at home: 72% English-only · Spanish 12% Vietnamese 7% Other Asian/Pacific 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: ▼ -409.77%
• Current HPI: 348.546
• Rent YoY: ▼ -2.95%
• 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

-49.3% since first listed

6 events — show timeline

• 2026-04-02 Listed $79,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-05 Price Changed $99,900 Stellar MLS as Distributed by MLS Grid
• 2025-08-30 Listed $119,900 Stellar MLS as Distributed by MLS Grid
• 2025-02-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-08-23 Listed $155,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+10.7%/yr

Latest (2025): $1,406 · +226.3% YoY. Source: county tax records.