1890 Wolford Rd #14 · Largo, FL 33760

$130,000

2 bd · 1.0 ba · 970 sqft · Condo public records · 19 Days on market

Built 1984 $360/mo HOA · 19% of rent

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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 +24.5/30.0
• 1% rule +9.7/10.0
• DSCR +7.9/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +0.7/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Two Bedroom one Bath Townhome in need of some TLC. Mature landscape and a screened front door offers cool breezes. First floor has an open floorplan that offers ceramic tile for easy maintenance. Glass sliding doors lead out to an open patio. The second floor offers spacious bedrooms with ample closet space. Buyer to pay FL doc stamps and responsible for verifying HOA fees and restrictions. Seller may provide HOW incentive and may pay some closing costs for Owner Occupants. Financing a Home Steps home just got easier! Contact your realtor for more information and to find the most up-to-date list of participating lenders . "This property is eligible under the Freddie Mac First Look Initiative through 11/11/14.

Key facts

• Dual closets
• Step in shower
• Back patio

Tags

• BACK PATIO
• DUAL CLOSETS
• STEP IN SHOWER

Property features AI

Finance

• Other: Unfurnished; No home warranty; Living area listed as 970 square feet
• Financial info: Total monthly fees $360; total annual fees $4,320; Lease restrictions apply
• HOA & community: Monthly condo fee $360 (includes insurance, structure & grounds maintenance, sewer, trash, water); Association approval required; Association name: BRENDA GARRETT; Pets allowed (cats and dogs; number limit applies)

Exterior

• Parking: Assigned parking; Open parking; No covered parking
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Condominium (residential); Two-story building; Unit on floor 1; Faces east
• Construction: Frame construction; Shingle roof; Slab foundation; Built as part of a multi-story building
• Exterior features: Deck; Patio; Porch; Located on a cul-de-sac; Paved road access

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Laminate; Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; No central air
• Interior features: Ceiling fans; Eat-in kitchen; Sliding doors
• Laundry & utility: In-unit laundry room with washer and dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $130k.

Deal economics

• At list price, monthly cash flow is $267 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $128k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 4.2% in Largo — 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 82/100 on livability (#82 in FL, #1,240 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment 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 falling (-7.1%/yr); 129 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 33% of the median local income ($70k/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 $899 of loan paydown is wiped out by about $4k 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 19 days — a 2% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 12y 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.
• Current owner paid $26k; list at $130k implies a 410% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; 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 $128,050 (1.5% 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. 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?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 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: 1.47% ✓
• Cap rate: 8.76%
• Cash-on-cash: 8.80%
• DSCR: 1.39
• GRM: 5.7

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: -7.3%
• Equity multiple: 0.74×
• Total profit: $-9,436
• Equity at exit: $19,383

10-year hold

• IRR: -3.5%
• Equity multiple: 0.81×
• Total profit: $-7,013
• Equity at exit: $11,240

Cash invested: $36,400 (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 33760

• Rents YoY: -7.1%
• Active inventory: 129
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,912 high
• Mortgage (P&I): −$682
• Tax from tax record: −$148 /mo · $1,774/yr
• Insurance: −$54
• HOA: −$360
• Vacancy / Maint / Mgmt: −$402
• Net cashflow: $267

Break-even live

Break-even rent $1,574

Max offer price $130,000

Occupancy floor 81%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2900 Lichen Ln Unit B Clearwater, FL	2.0	1.5	853	$2,500	$2.93	24d	1	0.09mi
1851 Oak St Clearwater, FL	2.0	2.0	1117	$2,350	$2.10	4d	1	0.10mi
2913 Lichen Ln Unit A Clearwater, FL	2.0	1.0	752	$1,695	$2.25	7d	1	0.14mi
3827 Pine Cone Cir Clearwater, FL	2.0	1.5	975	$1,950	$2.00	4d	1	0.19mi
3616 Pine Cone Cir Clearwater, FL	2.0	2.0	1060	$1,800	$1.70	24d	1	0.19mi
1834 Bough Ave #1 Clearwater, FL	2.0	1.0	758	$1,550	$2.04	10d	1	0.19mi
3707 Pine Cone Cir Clearwater, FL	2.0	1.5	975	$1,900	$1.95	4d	1	0.19mi
2878 Whitney Rd Unit A Clearwater, FL	2.0	2.0	1120	$1,725	$1.54	7d	1	0.27mi
1839 Bough Ave Clearwater, FL	2.0	2.0	852	$1,675	$1.97	24d	1	0.30mi
1839 Bough Ave Unit B Clearwater, FL	2.0	1.5	852	$1,675	$1.97	4d	1	0.30mi
2620 Cove Cay Dr #802 Clearwater, FL	1.0	1.5	810	$1,500	$1.85	24d	1	0.30mi
2620 Cove Cay Dr #403 Clearwater, FL	2.0	2.0	1050	$2,300	$2.19	4d	1	0.30mi
1819 Clearbrooke Dr Clearwater, FL	2.0	1.5	997	$2,125	$2.13	17d	1	0.42mi
1884 Clearbrooke Dr Clearwater, FL	2.0	2.0	997	$2,300	$2.31	24d	1	0.43mi
2616 Cove Cay Dr #701 Clearwater, FL	2.0	2.0	1050	$1,750	$1.67	4d	1	0.44mi
2618 Cove Cay Dr #909 Clearwater, FL	2.0	2.0	1050	$1,850	$1.76	20d	1	0.51mi
2700 Cove Cay Dr Unit 1-5D Clearwater, FL	1.0	1.5	920	$1,750	$1.90	24d	1	0.51mi
2618 Cove Cay Dr Clearwater, FL	1.0–2.0	1.0–2.0	807	$1,850	$2.29	24d	2	0.51mi
1000 Cove Cay Dr Unit 2F Clearwater, FL	2.0	2.0	960	$2,295	$2.39	24d	1	0.64mi
2770 Roosevelt Blvd Clearwater, FL	1.0–2.0	1.0	795	$1,636	$2.06	14d	10	0.66mi
16485 US Highway 19 N Clearwater, FL	3.0	1.0–2.0	984	$2,877	$2.92	1d	249	0.75mi
16485 US Highway 19 N Clearwater, FL	3.0	1.0–2.0	984	$3,006	$3.06	17d	100	0.75mi
2732 Via Murano #527 Clearwater, FL	2.0	2.0	1110	$2,800	$2.52	24d	1	0.78mi
2721 Via Murano #324 Clearwater, FL	1.0	1.0	770	$1,750	$2.27	4d	1	0.79mi
2723 Via Capri #834 Clearwater, FL	1.0	1.0	770	$1,875	$2.44	4d	1	0.81mi
2724 Via Murano #634 Clearwater, FL	1.0	1.0	890	$1,695	$1.90	24d	1	0.81mi
2554 Oak Trl S Clearwater, FL	1.0–2.0	1.0–2.0	862	$2,131	$2.47	2d	14	0.82mi
2755 Via Capri #1226 Clearwater, FL	2.0	1.0	980	$2,798	$2.86	4d	1	0.85mi
2755 Via Capri #1237 Clearwater, FL	1.0	1.0	980	$2,000	$2.04	21d	1	0.85mi
15950 Bay Vista Dr Unit 203 Clearwater, FL	2.0	2.0	896	$2,295	$2.56	24d	1	0.86mi
15950 Bay Vista Dr Unit 201 Clearwater, FL	2.0	2.0	950	$2,495	$2.63	7d	1	0.86mi
15950 Bay Vista Dr Unit 206 Clearwater, FL	2.0	2.0	800	$2,000	$2.50	7d	1	0.86mi
15950 Bay Vista Dr Unit 207 Clearwater, FL	1.0	1.0	565	$1,700	$3.01	7d	1	0.86mi
2705 Via Murano #136 Clearwater, FL	2.0	1.0	980	$2,100	$2.14	17d	1	0.87mi
2705 Via Murano #125 Clearwater, FL	1.0	1.0	890	$1,795	$2.02	24d	1	0.87mi
15648 Morgan St Unit B Clearwater, FL	2.0	1.0	825	$1,595	$1.93	10d	1	0.92mi
16321 Bolesta Rd Clearwater, FL	1.0–3.0	1.0–2.0	925	$1,502	$1.62	1d	40	1.01mi
1564 Flournoy Cir W Unit 1515105P Clearwater, FL	2.0	2.0	990	$5,329	$5.38	14d	1	1.01mi
1551 Flournoy Cir W Clearwater, FL	1.0–3.0	1.0–2.0	916	$2,086	$2.28	2d	32	1.03mi
15616 Avalon Ave #1 Clearwater, FL	2.0	1.0	804	$1,595	$1.98	2d	1	1.06mi

HOA detail condo

• Monthly dues: $360 · $4,320/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 16 events

1. 2026-06-13
   statusdays on market $130,000 Pending 19 DOM
2. 2026-06-09
   days on market $130,000 Active 18 DOM
3. 2026-06-08
   days on market $130,000 Active 17 DOM
4. 2026-06-07
   days on market $130,000 Active 16 DOM
5. 2026-06-04
   days on market $130,000 Active 13 DOM
6. 2026-06-03
   days on market $130,000 Active 12 DOM
7. 2026-06-02
   days on market $130,000 Active 11 DOM
8. 2026-06-01
   days on market $130,000 Active 10 DOM
9. 2026-05-31
   days on market $130,000 Active 9 DOM
10. 2026-05-22
    listed $130,000 Active
11. 2014-12-15
    soldstatus $25,500 Sold 723-char remark

    Show marketing remark (723 chars)

    Two Bedroom one Bath Townhome in need of some TLC. Mature landscape and a screened front door offers cool breezes. First floor has an open floorplan that offers ceramic tile for easy maintenance. Glass sliding doors lead out to an open patio. The second floor offers spacious bedrooms with ample closet space. Buyer to pay FL doc stamps and responsible for verifying HOA fees and restrictions. Seller may provide HOW incentive and may pay some closing costs for Owner Occupants. Financing a Home Steps home just got easier! Contact your realtor for more information and to find the most up-to-date list of participating lenders . "This property is eligible under the Freddie Mac First Look Initiative through 11/11/14.

12. 2014-11-10
    status Pending 723-char remark

    Show marketing remark (723 chars)

    Two Bedroom one Bath Townhome in need of some TLC. Mature landscape and a screened front door offers cool breezes. First floor has an open floorplan that offers ceramic tile for easy maintenance. Glass sliding doors lead out to an open patio. The second floor offers spacious bedrooms with ample closet space. Buyer to pay FL doc stamps and responsible for verifying HOA fees and restrictions. Seller may provide HOW incentive and may pay some closing costs for Owner Occupants. Financing a Home Steps home just got easier! Contact your realtor for more information and to find the most up-to-date list of participating lenders . "This property is eligible under the Freddie Mac First Look Initiative through 11/11/14.

13. 2014-10-23
    listed $24,900 Active 723-char remark

    Show marketing remark (723 chars)

    Two Bedroom one Bath Townhome in need of some TLC. Mature landscape and a screened front door offers cool breezes. First floor has an open floorplan that offers ceramic tile for easy maintenance. Glass sliding doors lead out to an open patio. The second floor offers spacious bedrooms with ample closet space. Buyer to pay FL doc stamps and responsible for verifying HOA fees and restrictions. Seller may provide HOW incentive and may pay some closing costs for Owner Occupants. Financing a Home Steps home just got easier! Contact your realtor for more information and to find the most up-to-date list of participating lenders . "This property is eligible under the Freddie Mac First Look Initiative through 11/11/14.

14. 1998-03-31
    soldstatus $37,500
15. 1990-05-22
    soldstatus $35,000
16. 1983-04-01
    soldstatus $10,000

ⓘ 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: $1,774 · $148/mo
• Projected year-2 tax: $1,774 · $148/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 6/10 Major FEMA zone X (unshaded) · 57% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 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: $22,945
• − Mortgage interest: −$7,282
• − Property taxes: −$1,774
• − Insurance: −$650
• − Repairs & maintenance: −$1,836
• − Management: −$1,836
• − HOA: −$4,320
• − Depreciation: −$3,782
• Taxable income: $1,466
• Est. tax owed @ 24.0%: −$352
• After-tax cash flow: $2,850/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 — Largo

• Score: 82/100
• State rank: #82
• US rank: #1240

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pinellas County · 939,478 people
• City population: 106,311
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 20,501
• Household income: $69,596
• Rent vs Own: 50.9% rent · 49.1% own
• Severe rent burden: 1311.0

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 0.63)
• Race & ethnicity: White 56% Hispanic / Latino 17% Black 17% Two or more races 10% Asian 6%
• Hispanic origin (detail): Mexican 8% Puerto Rican 5% Cuban 1%
• Common ancestry: Lithuanian 2% American 2% Romanian 2%
• Foreign-born: 16% · Canada, Vietnam
• Languages at home: 79% English-only · Spanish 10% Russian/Polish/Slavic 4% Other Indo-European 2%

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: ▼ -143.13%
• Current HPI: 258.297
• Rent YoY: ▼ -7.07%
• 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

+1200.0% since first listed

7 events — show timeline

• 2026-05-22 Listed $130,000 Stellar MLS as Distributed by MLS Grid
• 2014-12-15 Sold (MLS) $25,500 Stellar MLS as Distributed by MLS Grid
• 2014-11-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-10-23 Listed $24,900 Stellar MLS as Distributed by MLS Grid
• 1998-03-31 Sold (Public Records) $37,500 Public Records
• 1990-05-22 Sold (Public Records) $35,000 Public Records
• 1983-04-01 Sold (Public Records) $10,000 Public Records

Property tax history

+11.3%/yr

Latest (2025): $1,774 · +1.4% YoY. Source: county tax records.