2306 Lancaster Dr #2306 · Sun City Center, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 28 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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).
- ARV discount +15.0/15.0
- 1% rule +4.8/10.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Schools +3.5/10.0
- Appreciation +3.4/10.0
- Rent growth +3.2/5.0
- Cash flow +2.7/30.0
- DSCR +0.0/10.0
$194,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to easy, resort-style living in the sought-after Kings Point community. This move-in ready Augusta model offers 1,642 sq ft of comfortable living space, including an expanded Florida Room under HVAC—perfect for a cozy den, office, or additional sitting area. Major updates have already been taken care of, including a NEW roof (May 2025), AC (2 years old), new water heater, and hurricane-impact, double-pane energy-efficient windows—giving you true peace of mind from day one. Inside, you’ll find fresh paint, popcorn ceilings removed, and a welcoming marble-floor entry.
Key facts
- $823 HOA
- 2 garage spots
- Community pool
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $195k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-662 ($-8k/yr) — negative.
- To cash-flow at today's rent, offer at most $99k (49.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (2.1% below list).
- Recommended offer: $99k (49.2% below list) — sets the bar for cash-flow.
- Cap rate 2.2% vs local median 3.7% in Sun City Center — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 78/100 on livability (#178 in FL, #2,736 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, crime B+; Watch: amenities 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: Cypress Creek Elementary School (math 40% / reading 40%, grade F, #1,491 of 2,144 statewide, top 70%, 957 students, 63% 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 35% at this address vs 48% district-wide (-13 pts) — the specific schools serving this property underperform the Hillsborough average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising (+2.6%/yr); 649 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 54d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
- This rent runs 31% of the median local income ($73k/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 $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 120 days — a 9% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask is 9895% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Watch-outs: HOA is 43% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 120 days. Have you received any prior offers? Is the seller open to a 49% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- 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
- 0.98% ✗
- Cap rate
- 2.22%
- Cash-on-cash
- -14.56%
- DSCR
- 0.35
- GRM
- 8.5
CMA / ARV
- ARV (median comp)
- $244,566
- List price
- $194,900
- Delta
- -20.31%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1005 Harefield Cir #43 | 0.28mi | 2/2.0 | 1,448 (-3%) | 0mo | $140,000 | $97 | 81 |
| 736 Mccallister Ave | 0.44mi | 2/2.0 | 1,584 (+6%) | 0mo | $175,000 | $110 | 70 |
| 2001 Hartlebury Way #432 | 0.54mi | 2/2.0 | 1,403 (-6%) | 0mo | $195,000 | $139 | 64 |
| 1209 Litchfield Dr #42 | 0.50mi | 3/2.0 (+1) | 1,573 (+5%) | 0mo | $180,000 | $114 | 63 |
| 2433 Kensington Greens Dr | 0.72mi | 2/2.0 | 1,456 (-3%) | 0mo | $250,000 | $172 | 62 |
| 1950 Acadia Greens Dr | 1.12mi | 2/2.0 | 1,618 (+8%) | 0mo | $279,000 | $172 | 52 |
| 2119 Sifield Greens Way | 1.10mi | 2/2.0 | 1,646 (+10%) | 0mo | $319,900 | $194 | 48 |
| 2243 Oakley Green Dr #29 | 1.24mi | 2/2.0 | 1,668 (+11%) | 0mo | $300,000 | $180 | 46 |
| 2082 Sifield Greens Way #3 | 1.17mi | 2/2.0 | 1,206 (-20%) | 0mo | $230,000 | $191 | 40 |
| 2193 Acadia Greens Dr #1 | 0.84mi | 3/2.0 (+1) | 1,301 (-13%) | 0mo | $218,000 | $168 | 38 |
| 2040 Sifield Greens Way #2040 | 1.15mi | 3/2.0 (+1) | 1,292 (-14%) | 0mo | $190,000 | $147 | 37 |
| 2343 Glenmore Cir | 0.73mi | 1/1.5 (-1) | 1,197 (-20%) | 0mo | $134,000 | $112 | 34 |
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 · 2.65% rent growth · sell at horizon
- IRR
- -44.3%
- Equity multiple
- -0.35×
- Total profit
- $-73,885
- Equity at exit
- $29,060
- IRR
- -80.4%
- Equity multiple
- -1.18×
- Total profit
- $-119,194
- Equity at exit
- $16,851
Cash invested: $54,572 (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
Active competition Active MLS
- For sale now
- 5 active · 13 under contract
- Median asking
- $179,000 ($132/sqft)
- Median days on market
- 78 d
- This list price
- 80% of active listings are priced below it
- ARV vs active asking
- +23.9% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33573
- Home prices YoY
- -1.2%
- Rents YoY
- 2.6%
- Active inventory
- 649
- Price-to-rent
- 8.5×
Monthly cashflow live
- Estimated rent
- $1,909 high interval (Pro) →
- Mortgage (P&I)
- −$1,022
- Tax est. 1.5%
- −$244 /mo · $2,924/yr
- Insurance
- −$81
- HOA
- −$823
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$401
- Net cashflow
- $-662
Break-even live
Sensitivity live
| Price | -10% $-527 | -5% $-595 | +0% $-662 | +5% $-729 | +10% $-797 |
|---|---|---|---|---|---|
| Rent | -10% $-813 | -5% $-737 | +0% $-662 | +5% $-587 | +10% $-511 |
| Rate | -1.0pp $-564 | -0.5pp $-613 | base $-662 | +0.5pp $-713 | +1.0pp $-764 |
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
- $48,725
- Closing costs
- $5,847
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2221 Ivan Ct Sun City Center, FL | 2.0 | 2.0 | 1490 | $1,975 | $1.33 | 23d | 1 | 0.09mi |
| 1326 Idlewood Dr Sun City Center, FL | 2.0 | 2.0 | 1642 | $1,750 | $1.07 | 65d | 1 | 0.10mi |
| 1409 Ingram Dr Sun City Center, FL | 2.0 | 2.0 | 1642 | $1,875 | $1.14 | 40d | 1 | 0.14mi |
| 1415 Langley Dr Sun City Center, FL | 2.0 | 2.0 | 1359 | $1,650 | $1.21 | 33d | 1 | 0.18mi |
| 2117 Harleston Pl Unit 2117 Sun City Center, FL | 2.0 | 2.0 | 1448 | $2,500 | $1.73 | 73d | 1 | 0.24mi |
| 2124 Hailstone Cir Sun City Center, FL | 2.0 | 2.0 | 1000 | $1,800 | $1.80 | 73d | 1 | 0.28mi |
| 2011 Hadrian Ct Unit 2011 Sun City Center, FL | 2.0 | 2.0 | 1000 | $1,850 | $1.85 | 13d | 1 | 0.29mi |
| 713 Manchester Woods Dr Sun City Center, FL | 2.0 | 2.0 | 1556 | $2,100 | $1.35 | 28d | 1 | 0.38mi |
| 2006 Hampstead Cir Unit N/A Sun City Center, FL | 2.0 | 2.0 | 1474 | $1,800 | $1.22 | 73d | 1 | 0.40mi |
| 2102 Hereford Dr #513 Sun City Center, FL | 2.0 | 2.0 | 1000 | $1,500 | $1.50 | 73d | 1 | 0.47mi |
| 822 McCallister Ave Unit 822 Sun City Center, FL | 2.0 | 2.0 | 1564 | $1,950 | $1.25 | 21d | 1 | 0.56mi |
| 704 Tremont Greens Ln Unit 107 Sun City Center, FL | 2.0 | 2.0 | 974 | $1,700 | $1.75 | 73d | 1 | 0.65mi |
| 2345 Glenmore Cir Unit 294 Sun City Center, FL | 2.0 | 2.0 | 984 | $1,500 | $1.52 | 73d | 1 | 0.72mi |
| 110 Gloucester Blvd Sun City Center, FL | 2.0 | 2.0 | 1136 | $1,950 | $1.72 | 48d | 1 | 0.75mi |
| 110 Gloucester Blvd Sun City Center, FL | 2.0 | 2.0 | 1136 | $1,950 | $1.72 | 73d | 1 | 0.75mi |
| 1106 Jameson Greens Dr Sun City Center, FL | 2.0 | 2.0 | 1075 | $1,950 | $1.81 | 23d | 1 | 0.77mi |
| 323 Knottwood Ct Sun City Center, FL | 1.0 | 1.0 | 908 | $1,290 | $1.42 | 73d | 1 | 0.79mi |
| 323 Knottwood Ct #1 Sun City Center, FL | 1.0 | 1.0 | 908 | $1,090 | $1.20 | 54d | 1 | 0.79mi |
| 1907 Canterbury Ln Sun City Center, FL | 2.0 | 2.0 | 972 | $1,475 | $1.52 | 29d | 2 | 0.83mi |
| 301 Kings Blvd #138 Sun City Center, FL | 1.0 | 1.5 | 1020 | $1,600 | $1.57 | 16d | 1 | 0.93mi |
| 1161 Jameson Greens Dr Sun City Center, FL | 3.0 | 2.0 | 1292 | $1,900 | $1.47 | 73d | 1 | 0.93mi |
| 2202 Clubhouse Dr #185 Sun City Center, FL | 2.0 | 2.0 | 984 | $1,650 | $1.68 | 23d | 1 | 0.94mi |
| 2202 Clubhouse Dr #169 Sun City Center, FL | 2.0 | 2.0 | 984 | $1,450 | $1.47 | 54d | 1 | 0.94mi |
| 409 Feltham Trl Unit B Sun City Center, FL | 2.0 | 2.0 | 984 | $1,650 | $1.68 | 73d | 1 | 1.05mi |
| 1237 Corinth Greens Dr #40 Sun City Center, FL | 2.0 | 2.0 | 1610 | $1,500 | $0.93 | 69d | 1 | 1.08mi |
| 3402 Salt Air Dr Ruskin, FL | 1.0–3.0 | 1.0–2.0 | 1061 | $2,051 | $1.93 | 8d | 39 | 1.09mi |
| 403 Finchley Ct Unit B Sun City Center, FL | 2.0 | 2.0 | 960 | $2,000 | $2.08 | 73d | 1 | 1.11mi |
| 1811 Bedford Ln Sun City Center, FL | 2.0 | 2.0 | 960 | $1,525 | $1.59 | 32d | 2 | 1.11mi |
| 1256 Corinth Greens Dr Sun City Center, FL | 2.0 | 2.0 | 1450 | $2,150 | $1.48 | 64d | 1 | 1.14mi |
| 201 Bedford Trl #121 Sun City Center, FL | 2.0 | 2.0 | 960 | $1,400 | $1.46 | 9d | 1 | 1.15mi |
| 201 Bedford Trl Sun City Center, FL | 2.0 | 2.0 | 960 | $1,400 | $1.46 | 8d | 1 | 1.15mi |
| 201 Bedford Trl Unit F128 Sun City Center, FL | 2.0 | 2.0 | 960 | $1,275 | $1.33 | 73d | 1 | 1.16mi |
| 306 Fowling Ct Sun City Center, FL | 2.0 | 2.0 | 960 | $1,700 | $1.77 | 73d | 1 | 1.18mi |
| 3794 Maxwell Park Dr Sun City Center, FL | 2.0 | 2.0 | 1506 | $2,400 | $1.59 | 22d | 1 | 1.20mi |
| 2068 Sifield Greens Way Sun City Center, FL | 2.0 | 2.0 | 1414 | $2,000 | $1.41 | 16d | 1 | 1.20mi |
| 2038 Grantham Greens Dr #2038 Sun City Center, FL | 2.0 | 2.0 | 1610 | $1,950 | $1.21 | 42d | 1 | 1.24mi |
| 2052 Inverness Greens Dr Sun City Center, FL | 2.0 | 2.0 | 1376 | $2,100 | $1.53 | 73d | 1 | 1.26mi |
| 1309 Fairway Greens Dr Sun City Center, FL | 3.0 | 2.0 | 1420 | $1,750 | $1.23 | 73d | 1 | 1.26mi |
| 1802 Bedford Ln Sun City Center, FL | 1.0–2.0 | 2.0 | 952 | $1,800 | $1.89 | 60d | 2 | 1.30mi |
| 1802 Bedford Ln #12 Sun City Center, FL | 2.0 | 2.0 | 1104 | $1,775 | $1.61 | 8d | 1 | 1.30mi |
Property features AI
Finance
- Other
- Partially furnishedUnit located on first floor
- Financial info
- Total annual association fees approximately $9,876Lease restrictions apply
- HOA & community
- Monthly condo fee of $823Association fees include cable TV, internet, pool, maintenance (grounds & structure), pest control, private road, recreational facilities, security, sewer and water, and escrow reservesAssociation approval requiredSenior community with fitness center, golf, tennis, and poolAssociation recreation available for lease; deed restrictions apply
Exterior
- Parking
- Attached garage with 2 spaces
- Security
- Community security (association-provided)
- Utilities
- Public waterPublic sewerElectricity connectedCable availableBB/HS internet availableWater connectedSewer connected
- Home design
- CondominiumSingle-storyFaces southeastOne-level entry
- Construction
- Block and stucco constructionShingle roofSlab foundationBuilt as part of a larger building (unit number 2306)
- Exterior features
- Outdoor lightingRain guttersHeated community pool
Interior
- Kitchen
- DishwasherRangeRefrigeratorDisposalElectric water heater
- Bedrooms
- 2 bedrooms
- Flooring
- CarpetCeramic tile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Ceiling fansInterior lighting and ceiling fans included
- Laundry & utility
- Inside laundry room
HOA detail $823/mo · $9,876/yr condo
- Likely covers
- water
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-08days on market $194,900 Active 120 DOM
-
2026-08-06days on market $194,900 Active 118 DOM
-
2026-08-05days on market $194,900 Active 117 DOM
-
2026-08-04days on market $194,900 Active 116 DOM
-
2026-08-03days on market $194,900 Active 115 DOM
-
2026-07-31days on market $194,900 Active 112 DOM
-
2026-07-30days on market $194,900 Active 110 DOM
-
2026-07-28days on market $194,900 Active 109 DOM
-
2026-07-26days on market $194,900 Active 107 DOM
-
2026-07-24days on market $194,900 Active 105 DOM
-
2026-07-23days on market $194,900 Active 104 DOM
-
2026-07-22days on market $194,900 Active 103 DOM
-
2026-07-21days on market $194,900 Active 102 DOM
-
2026-07-20days on market $194,900 Active 101 DOM
-
2026-07-18days on market $194,900 Active 98 DOM
-
2026-07-16days on market $194,900 Active 97 DOM
-
2026-07-15days on market $194,900 Active 96 DOM
-
2026-07-13days on market $194,900 Active 94 DOM
-
2026-07-13days on market $194,900 Active 93 DOM
-
2026-07-11days on market $194,900 Active 92 DOM
-
2026-07-10days on market $194,900 Active 91 DOM
-
2026-07-09days on market $194,900 Active 90 DOM
-
2026-07-07days on market $194,900 Active 88 DOM
-
2026-07-06days on market $194,900 Active 87 DOM
-
2026-07-06days on market $194,900 Active 86 DOM
-
2026-07-05days on market $194,900 Active 85 DOM
-
2026-07-03days on market $194,900 Active 84 DOM
-
2026-07-02days on market $194,900 Active 83 DOM
-
2026-07-01days on market $194,900 Active 82 DOM
-
2026-06-30days on market $194,900 Active 81 DOM
-
2026-06-29days on market $194,900 Active 80 DOM
-
2026-06-28days on market $194,900 Active 79 DOM
-
2026-06-27days on market $194,900 Active 78 DOM
-
2026-06-26days on market $194,900 Active 77 DOM
-
2026-06-24days on market $194,900 Active 75 DOM
-
2026-06-22days on market $194,900 Active 73 DOM
-
2026-06-21days on market $194,900 Active 72 DOM
-
2026-06-18days on market $194,900 Active 69 DOM
-
2026-06-17days on market $194,900 Active 68 DOM
-
2026-06-16days on market $194,900 Active 67 DOM
-
2026-06-15days on market $194,900 Active 66 DOM
-
2026-06-13days on market $194,900 Active 64 DOM
-
2026-06-13days on market $194,900 Active 63 DOM
-
2026-06-09days on market $194,900 Active 60 DOM
-
2026-06-08days on market $194,900 Active 59 DOM
-
2026-06-07days on market $194,900 Active 58 DOM
-
2026-06-04days on market $194,900 Active 55 DOM
-
2026-06-03days on market $194,900 Active 54 DOM
-
2026-06-02days on market $194,900 Active 53 DOM
-
2026-06-01days on market $194,900 Active 52 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 4/10 Moderate
- 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,904
- − Mortgage interest
- −$10,917
- − Property taxes
- −$2,924
- − Insurance
- −$974
- − Repairs & maintenance
- −$1,832
- − Management
- −$1,832
- − HOA
- −$9,876
- − Depreciation
- −$5,670
- Taxable loss
- −$11,122
- Est. tax savings @ 24.0%
- +$2,669
- After-tax cash flow
- $-5,276/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 · 12 photos
This move-in ready condo in Kings Point community offers 1,642 sq ft of comfortable living space with fresh updates and a new roof. Minor exterior painting and flooring upgrades would further enhance its value.
Value-add opportunities
- Both Paint the exterior walls — Enhances curb appeal and value ↑
- Both Replace carpet with hardwood or tile flooring — Improves aesthetics and is easier to maintain ↑
- Both Install smart home devices — Enhances convenience and adds modern appeal ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 — Sun City Center
- Score
- 78/100
- State rank
- #178
- US rank
- #2736
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Sun City Center, FL
- County
- Hillsborough County · 1,607,022 people
- City population
- 35,362
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Population (ZIP)
- 35,362
- Household income
- $72,834
- Rent vs Own
- Severe rent burden
- 10% of renters
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
- Predominantly White (73%)
- Race & ethnicity
- White 73% Hispanic / Latino 13% Two or more races 11% Black 10% Asian 1%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 6% Cuban 2%
- Common ancestry
- Romanian 3% Lithuanian 3% Slovak 2%
- Foreign-born
- 8% · Canada, Vietnam
- Languages at home
- 86% English-only · Spanish 10% French/Haitian/Cajun 1% German/W. Germanic 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
- ▼ -3.27%
- Current HPI
- 272.9767
- Rent YoY
- ▲ 2.65%
- 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
-99.0% since first listed3 events — show timeline
- 2026-05-15 Rental Removed $1,950 STELLARMLS
- 2026-04-11 Listed for Rent $1,950 STELLARMLS
- 2026-04-10 Listed $194,900 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…