13215 119th St · Ridgecrest, FL 33778

$209,900

4 bd · 2.0 ba · 1,776 sqft · SingleFamily public records · 14 Days on market

Built 1960 8,100 sqft lot

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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 +4.3/10.0
• Livability +3.6/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Auction Property. Auction Date: June 22nd - 24th. This 4 bedroom, 2 bath home with 1,776 sq. ft. of spacious living area is located in unincorporated Pinellas County in Flood Zone X. This unique property has so much potential and is ready for its new owner to restore it back to its original charm or build and customize a home that suit’s your family’s needs on the 60x135 lot. The flexible floor plan includes a bonus room which could serve as a 5th BR, two family rooms, formal dining room, a large screened porch, and a detached 468 sq. ft. storage shed. Conveniently located just minutes to the Pinellas Trail, YMCA, Taylor Park, Walsingham Park, Largo Golf Course, the Library, Fl

Key facts

• Bonus room
• Large screened porch
• 8,100 sq ft lot

Tags

• BONUS ROOM
• LARGE SCREENED PORCH
• DETACHED STORAGE SHED
• MINUTES TO PINELLAS TRAIL
• SHORT DRIVE TO GULF BEACHES

Property features AI

Finance

• Other: Zoned R-3
• HOA & community: No association

Exterior

• Parking: Paved road access
• Utilities: Public water; Public sewer; Public utilities
• Home design: Single-family residence; 1 story; Facing west; Fixer condition
• Construction: Block and wood siding construction; Shingle roof; Slab foundation; Built on a 0.19-acre lot (approx. 60 x 135)
• Exterior features: Enclosed patio/porch; French doors; Sidewalk; Vinyl fencing; Shed and storage structures; Mature landscaping with trees

Interior

• Kitchen: Microwave; Range; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Solid surface countertops; Split-bedroom floor plan; Thermostat
• Laundry & utility: Laundry inside; Inside utility room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $210k).

Location & tenants

• Location reads 72/100 on livability (#323 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, health & safety A+, commute A-; Watch: amenities F, employment 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.
• Zoned schools: Fuguitt Elementary School (math 48% / reading 50%, grade D, #1,134 of 2,144 statewide, top 54%, 479 students, 68% FRL); Seminole High School (math 26% / reading 47%, grade F, #351 of 667 statewide, top 54%, 1,546 students, 39% FRL).
• Market conditions: Rents rising (+1.4%/yr); 139 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• At $3,140/mo this rent would consume 58% of the median local household income ($65k/yr) (locally 261% 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.
• Pinellas County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 1.4% rent growth), your $59k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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.
• Current owner paid $12k; list at $210k implies a 1649% 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→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $209,900

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 1.50% ✓
• Cap rate: 12.18%
• Cash-on-cash: 21.03%
• DSCR: 1.94
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $506,160
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12940 116th St	0.32mi	3/2.0 (-1)	1,779 (+0%)	3mo	$380,000	$214	78
11520 132nd Ave	0.27mi	3/2.0 (-1)	1,653 (-7%)	2mo	$470,000	$284	69
12985 116th St	0.32mi	3/2.0 (-1)	1,647 (-7%)	3mo	$470,000	$285	65
11438 126th Ter	0.59mi	3/2.0 (-1)	1,795 (+1%)	1mo	$525,000	$292	65
1716 Madrid Dr	0.61mi	4/2.0	1,839 (+4%)	1mo	$400,000	$218	65
12041 134th Pl	0.20mi	3/2.0 (-1)	1,587 (-11%)	6mo	$238,229	$150	63
2372 18th Ave SW	0.68mi	4/3.0	1,740 (-2%)	1mo	$380,000	$218	60
12500 115th St	0.57mi	3/2.0 (-1)	1,834 (+3%)	6mo	$465,000	$254	58
13211 111th Ln	0.62mi	4/2.0	1,664 (-6%)	4mo	$485,000	$291	57
11524 124th Ter	0.61mi	3/2.0 (-1)	1,736 (-2%)	10mo	$510,000	$294	54
12671 115th St	0.48mi	3/2.0 (-1)	1,568 (-12%)	3mo	$563,000	$359	51
13119 111th Ln	0.63mi	3/2.0 (-1)	1,565 (-12%)	6mo	$525,000	$335	41

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 · 1.38% rent growth · sell at horizon

5-year hold

• IRR: 11.6%
• Equity multiple: 1.45×
• Total profit: $26,609
• Equity at exit: $31,297

10-year hold

• IRR: 19.3%
• Equity multiple: 2.49×
• Total profit: $87,841
• Equity at exit: $18,148

Cash invested: $58,772 (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 33778

• Rents YoY: 1.4%
• Active inventory: 139
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $3,140 high
• Mortgage (P&I): −$1,101
• Tax est. 1.5%: −$262 /mo · $3,148/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$659
• Net cashflow: $1,030

Break-even live

Break-even rent $1,836

Max offer price $209,900

Occupancy floor 62%

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: $52,475
• Closing costs: $6,297
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13250 Ridge Rd Unit 3B1 Largo, FL	3.0	2.0	1225	$1,975	$1.61	18d	1	0.31mi
11704 127th Ave Largo, FL	3.0	2.0	1311	$2,345	$1.79	4d	1	0.34mi
11786 126th Ter Largo, FL	4.0	2.0	1242	$2,650	$2.13	20d	1	0.37mi
13109 114th St Largo, FL	4.0	2.0	1925	$3,146	$1.63	24d	1	0.45mi
11557 124th Ter Largo, FL	3.0	2.0	1601	$3,495	$2.18	18d	1	0.54mi
1767 10th St SW Largo, FL	4.0	2.0	1374	$2,995	$2.18	4d	1	0.59mi
740 16th Ave SW Largo, FL	4.0	2.0	1346	$2,695	$2.00	16d	1	0.76mi
2402 Dryer Ave Largo, FL	3.0	2.0	1872	$3,000	$1.60	24d	1	0.83mi
2503 Mary Sue St SW Largo, FL	3.0	2.0	1260	$2,211	$1.75	14d	1	0.87mi
1261 12th Ct SW Largo, FL	3.0	2.0	2086	$4,200	$2.01	20d	1	0.87mi
2098 Seminole Blvd Largo, FL	1.0–3.0	1.0–2.0	1018	$2,895	$2.84	2d	23	0.89mi
12813 128th Ave Largo, FL	4.0	3.0	1919	$2,800	$1.46	15d	1	0.90mi
2543 Sunny Breeze Ave Unit 1520129P Largo, FL	3.0	3.0	1905	$6,609	$3.47	3d	1	0.95mi
310 15th Ave SW Largo, FL	3.0	2.0	1284	$2,800	$2.18	24d	1	1.06mi
1830 30th Ln SW Largo, FL	3.0	2.0	1400	$2,725	$1.95	14d	1	1.08mi
11365 115th St Unit 1502692P Largo, FL	4.0	2.0	1819	$6,444	$3.54	2d	1	1.21mi
3381 19th Pl SW Largo, FL	3.0	2.0	1770	$2,950	$1.67	24d	1	1.24mi
12217 104th Ln Largo, FL	3.0	2.0	1534	$2,495	$1.63	4d	1	1.29mi
11707 108th St Unit 1018171P Largo, FL	3.0	2.0	1259	$3,119	$2.48	3d	1	1.30mi
1031 Honeysuckle Rd Largo, FL	3.0	2.0	1382	$2,675	$1.94	18d	1	1.35mi
1201 Seminole Blvd Largo, FL	1.0–3.0	1.0–2.0	1067	$2,445	$2.29	2d	1	1.37mi
12293 103rd St Largo, FL	4.0	2.5	1339	$2,469	$1.84	24d	1	1.41mi

Listing history 9 events

1. 2026-06-18
   days on market $209,900 Active 14 DOM
2. 2026-06-17
   days on market $209,900 Active 13 DOM
3. 2026-06-16
   days on market $209,900 Active 12 DOM
4. 2026-06-15
   days on market $209,900 Active 11 DOM
5. 2026-06-13
   days on market $209,900 Active 9 DOM
6. 2026-06-09
   days on market $209,900 Active 5 DOM
7. 2026-06-08
   days on market $209,900 Active 4 DOM
8. 2026-06-07
   remarks 687-char remark
9. 2026-06-07
   listed $209,900 Active 3 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥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 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,682
• − Mortgage interest: −$11,758
• − Property taxes: −$3,148
• − Insurance: −$1,050
• − Repairs & maintenance: −$3,015
• − Management: −$3,015
• − Depreciation: −$6,106
• Taxable income: $9,591
• Est. tax owed @ 24.0%: −$2,302
• After-tax cash flow: $10,060/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 — Ridgecrest

• Score: 72/100
• State rank: #323
• US rank: #5732

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ridgecrest, FL
• County: Pinellas County · 939,478 people
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 16,807
• Household income: $65,355
• Rent vs Own: 17.1% rent · 82.9% own
• Severe rent burden: 261.0

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 (72%)
• Race & ethnicity: White 72% Hispanic / Latino 15% Two or more races 11% Black 9% Asian 2%
• Hispanic origin (detail): Puerto Rican 3% Cuban 6%
• Common ancestry: Romanian 3% Italian 3% Lithuanian 3%
• Foreign-born: 13% · Canada, Vietnam, Jamaica
• Languages at home: 85% English-only · Spanish 10% Vietnamese 1% French/Haitian/Cajun 1%

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: ▼ -320.64%
• Current HPI: 369.3008
• Rent YoY: ▲ 1.38%
• 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

+1649.2% since first listed

3 events — show timeline

• 2026-06-04 Listed $209,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-08 Listed $5,000 NFMLS
• 1984-03-01 Sold (Public Records) $12,000 Public Records

Property tax history

-8.8%/yr

Latest (2025): $399 · +9.9% YoY. Source: county tax records.