16717 Parker River St · Wimauma, FL 33598

$253,000

4 bd · 2.0 ba · 1,485 sqft · SingleFamily public records · 12 Days on market

Built 2022 Good condition 6,000 sqft lot $8/mo HOA

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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 +17.5/30.0
• ARV discount +7.5/15.0
• DSCR +5.5/10.0
• 1% rule +4.8/10.0
• Schools +4.2/10.0
• Condition / age +4.0/5.0
• Appreciation +3.8/10.0
• Livability +3.2/5.0
• Rent growth +1.9/5.0

Listing remarks MLS

One or more photo(s) has been virtually staged. Under Construction. Our Express Series homes at Creek Preserve feature all concrete block construction and come equipped with beautiful granite counters in the kitchen, a stainless-steel appliance package, and our Smart Home system to keep your home connected. Aside from being close to shopping, dining, and local events, Creek Preserve is surrounded by conservation and parks, including Little Manatee River State Park just minutes away, providing opportunities for hiking, canoeing, horseback riding, or camping. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information, including pricing, included features, terms, availability, and amenities, are subject to change and prior sale at any time without notice or obligation.

Key facts

• Walk in closet
• Private bathroom
• Granite countertops

Tags

• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• WALK IN CLOSET
• PRIVATE BATHROOM
• COVERED SCREENED PATIO
• LARGE FENCED BACKYARD

Property features AI

Finance

• Other: Lot dimensions approximately 50 x 120; Lot about 0.14 acres; Road surface: asphalt
• Financial info: CDD present; Homestead exemption present; Lease restrictions apply
• HOA & community: Creek Preserve HOA / Blue Ribbon; HOA required — $100 annually (about $8.33/month); Community street lights; Pets allowed

Exterior

• Parking: Attached 2-car garage
• Utilities: Public water; Public sewer; Electricity connected; Cable connected; Phone available; Underground utilities; Water available; Sewer connected
• Home design: Single-family residence; One story; East-facing
• Construction: Block, concrete and stucco construction; Shingle roof; Slab foundation; Built with hurricane protection (shutters)
• Exterior features: Hurricane shutters; Exterior lighting; Sidewalk; Sliding doors; Irrigation system

Interior

• Kitchen: Dishwasher; Disposal; Ice maker; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Heat pump; Central air conditioning
• Interior features: Ceiling fans; Open floorplan; Stone counters; Thermostat; Walk-in closets
• Laundry & utility: Inside laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $253k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $193 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $248k (1.8% below list).
• Recommended offer: $248k (1.8% below list) — sets the bar for 1% rule.
• Cap rate 7.2% vs local median 4.5% in Wimauma — 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 64/100 on livability (#699 in FL) — a middle-class / working-renter tenant base. Strengths: commute A, cost of living A-, crime B; Watch: amenities F, employment D-, health & safety F.
• 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: Wimauma Elementary School (math 31% / reading 29%, grade F, #1,882 of 2,144 statewide, top 88%, 543 students, 81% FRL); Shields Middle School (math 29% / reading 27%, grade F, #486 of 571 statewide, top 86%, 1,867 students, 68% FRL); Lennard High School (math 30% / reading 46%, grade F, #328 of 667 statewide, top 50%, 2,404 students, 47% FRL).
• Zoned-school proficiency averages 32% at this address vs 48% district-wide (-16 pts) — the specific schools serving this property underperform the Hillsborough average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-2.5%/yr); 689 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 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 31% of the median local income ($98k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-2.4%/yr); year-one equity from $2k 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

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 5y 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: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $248,380 (1.8% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 0.98% ✗
• Cap rate: 7.21%
• Cash-on-cash: 3.27%
• DSCR: 1.15
• GRM: 8.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-2.35% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -10.9%
• Equity multiple: 0.59×
• Total profit: $-28,951
• Equity at exit: $45,154

10-year hold

• IRR: -6.9%
• Equity multiple: 0.56×
• Total profit: $-31,191
• Equity at exit: $34,855

Cash invested: $70,840 (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 33598

• Home prices YoY: -0.9%
• Rents YoY: -2.5%
• Active inventory: 689
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $2,484 high
• Mortgage (P&I): −$1,327
• Tax from tax record: −$329 /mo · $3,949/yr
• Insurance: −$105
• HOA: −$8
• Vacancy / Maint / Mgmt: −$522
• Net cashflow: $193

Break-even live

Break-even rent $2,240

Max offer price $253,000

Occupancy floor 87%

Sensitivity live

Price	-10% $336	-5% $265	+0% $193	+5% $121	+10% $50
Rent	-10% $-3	-5% $95	+0% $193	+5% $291	+10% $389
Rate	-1.0pp $320	-0.5pp $257	base $193	+0.5pp $127	+1.0pp $61

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: $63,250
• Closing costs: $7,590
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16709 Parker River St Wimauma, FL	3.0	2.0	1676	$2,050	$1.22	6d	1	0.03mi
16706 Sunburst Lake St Wimauma, FL	4.0	2.0	1846	$2,600	$1.41	6d	1	0.17mi
16736 Kingman Reef St Wimauma, FL	3.0	2.0	1828	$1,975	$1.08	26d	1	0.22mi
16662 Delia St Wimauma, FL	3.0	2.0	1540	$2,350	$1.53	26d	1	0.28mi
16605 Mosaic Oar Dr Wimauma, FL	3.0	2.0	1516	$2,300	$1.52	1d	1	0.51mi
16461 Little Garden Dr Wimauma, FL	3.0	2.0	1676	$2,250	$1.34	23d	1	0.53mi
16616 Windmill Forge Pass Wimauma, FL	4.0	2.0	1846	$2,350	$1.27	26d	1	0.64mi
5029 Sable Chime Dr Wimauma, FL	3.0	2.0	1451	$2,420	$1.67	15d	1	0.91mi
4902 Cosmos Cir Wimauma, FL	3.0	1.0–3.5	1231	$2,861	$2.32	0d	38	1.21mi
5091 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	26d	1	1.26mi
5089 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	26d	1	1.27mi
5085 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	26d	1	1.27mi
16610 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,176	$1.33	26d	1	1.29mi
16616 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,276	$1.39	23d	1	1.29mi
16611 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,176	$1.33	21d	1	1.31mi
16638 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,276	$1.39	23d	1	1.34mi
5010 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	26d	1	1.35mi
5017 Capri Harbor Dr Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	22d	1	1.36mi
16665 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	26d	1	1.36mi
16667 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	26d	1	1.36mi
16671 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,101	$1.29	26d	1	1.37mi
16660 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,276	$1.39	26d	1	1.37mi
16676 Ancient Mariner Ln Wimauma, FL	3.0	2.5	1634	$2,201	$1.35	26d	1	1.39mi

HOA detail

• Monthly dues: $8 · $96/yr

Listing history 12 events

1. 2026-05-05
   listed $253,000 Active
2. 2025-04-25
   status Active
3. 2025-04-25
   historical
4. 2025-04-25
   historical
5. 2025-01-25
   price $319,000
6. 2024-10-30
   price $324,500
7. 2024-07-24
   listed $330,000 Active
8. 2022-03-30
   soldstatus $307,990 Closed

   Show marketing remark (873 chars)

   One or more photo(s) has been virtually staged. Under Construction. Our Express Series homes at Creek Preserve feature all concrete block construction and come equipped with beautiful granite counters in the kitchen, a stainless-steel appliance package, and our Smart Home system to keep your home connected. Aside from being close to shopping, dining, and local events, Creek Preserve is surrounded by conservation and parks, including Little Manatee River State Park just minutes away, providing opportunities for hiking, canoeing, horseback riding, or camping. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information, including pricing, included features, terms, availability, and amenities, are subject to change and prior sale at any time without notice or obligation.

9. 2021-11-27
   status Pending

   Show marketing remark (873 chars)

   One or more photo(s) has been virtually staged. Under Construction. Our Express Series homes at Creek Preserve feature all concrete block construction and come equipped with beautiful granite counters in the kitchen, a stainless-steel appliance package, and our Smart Home system to keep your home connected. Aside from being close to shopping, dining, and local events, Creek Preserve is surrounded by conservation and parks, including Little Manatee River State Park just minutes away, providing opportunities for hiking, canoeing, horseback riding, or camping. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information, including pricing, included features, terms, availability, and amenities, are subject to change and prior sale at any time without notice or obligation.

10. 2021-11-24
    price $307,990

    Show marketing remark (873 chars)

    One or more photo(s) has been virtually staged. Under Construction. Our Express Series homes at Creek Preserve feature all concrete block construction and come equipped with beautiful granite counters in the kitchen, a stainless-steel appliance package, and our Smart Home system to keep your home connected. Aside from being close to shopping, dining, and local events, Creek Preserve is surrounded by conservation and parks, including Little Manatee River State Park just minutes away, providing opportunities for hiking, canoeing, horseback riding, or camping. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information, including pricing, included features, terms, availability, and amenities, are subject to change and prior sale at any time without notice or obligation.

11. 2021-11-21
    listed $309,990 Active

    Show marketing remark (873 chars)

    One or more photo(s) has been virtually staged. Under Construction. Our Express Series homes at Creek Preserve feature all concrete block construction and come equipped with beautiful granite counters in the kitchen, a stainless-steel appliance package, and our Smart Home system to keep your home connected. Aside from being close to shopping, dining, and local events, Creek Preserve is surrounded by conservation and parks, including Little Manatee River State Park just minutes away, providing opportunities for hiking, canoeing, horseback riding, or camping. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information, including pricing, included features, terms, availability, and amenities, are subject to change and prior sale at any time without notice or obligation.

12. 2021-07-08
    soldstatus $855,100

ⓘ 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: $3,949 · $329/mo
• Projected year-2 tax: $3,949 · $329/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 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 28 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: $29,806
• − Mortgage interest: −$14,172
• − Property taxes: −$3,949
• − Insurance: −$1,265
• − Repairs & maintenance: −$2,384
• − Management: −$2,384
• − HOA: −$96
• − Depreciation: −$7,360
• Taxable loss: −$1,805
• Est. tax savings @ 24.0%: +$433
• After-tax cash flow: $2,749/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.

Condition & rehab AI · 1 photo

Good 80/100 None rehab

This move-in ready home in the Creek Preserve Community is in excellent condition with no visible repairs needed. Smart home system and landscaping improvements would further enhance its value.

Value-add opportunities

• Both Smart Home system — Enhances home automation and connectivity
• Both Landscaping improvements — Enhances curb appeal and property value
• Both Interior paint touch-ups — Maintains a fresh and inviting appearance

Renovation cost estimate screening

Value-add ROI direction

• Both Smart Home system — Enhances home automation and connectivity ↑
• Both Landscaping improvements — Enhances curb appeal and property value ↑
• Both Interior paint touch-ups — Maintains a fresh and inviting appearance ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Wimauma

• Score: 64/100
• State rank: #699
• US rank: #14659

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wimauma, FL
• County: Hillsborough County · 1,540,968 people
• City population: 32,820
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 32,820
• Household income: $97,520
• Rent vs Own: 12.8% rent · 87.2% own
• Severe rent burden: 149.0

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 0.67)
• Race & ethnicity: White 40% Hispanic / Latino 39% Black 14% Two or more races 11% Asian 2%
• Hispanic origin (detail): Mexican 26% Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 2% Scotch-Irish 2% Lithuanian 1%
• Foreign-born: 23% · Canada, Jamaica, Guatemala
• Languages at home: 62% English-only · Spanish 35% Other Indo-European 1% Arabic 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: ▼ -2.35%
• Current HPI: 271.8552
• Rent YoY: ▼ -2.50%
• 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

-70.4% since first listed

13 events — show timeline

• 2026-05-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-05 Listed $253,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-25 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-04-25 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-04-25 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-01-25 Price Changed $319,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-30 Price Changed $324,500 Stellar MLS as Distributed by MLS Grid
• 2024-07-24 Listed $330,000 Stellar MLS as Distributed by MLS Grid
• 2022-03-30 Sold (MLS) $307,990 Stellar MLS as Distributed by MLS Grid
• 2021-11-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-11-24 Price Changed $307,990 Stellar MLS as Distributed by MLS Grid
• 2021-11-21 Listed $309,990 Stellar MLS as Distributed by MLS Grid
• 2021-07-08 Sold (Public Records) $855,100 Public Records

Property tax history

-5.3%/yr

Latest (2025): $3,949 · +0.8% YoY. Source: county tax records.