4816 Panorama Ave · Holiday, FL 34690

$160,000

2 bd · 1.0 ba · 1,004 sqft · SingleFamily public records · 35 Days on market

Built 1966 5,185 sqft lot Est $204k · 21% under ↓ 26% since listing

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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 +19.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.1/10.0
• 1% rule +5.4/10.0
• Schools +4.3/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Well kept adorable 2 bedroom, 1 bathroom, 1 car garage home with a spacious front porch. Both bedrooms have cedar lined closets. Efficiently sized kitchen dining combo with plenty of storage and has a built in oven and cooktop. Rear bonus room can also be used as an office. Screened in Lanai and large covered patio off of the lanai. Laundry is located in the garage which features cabinets for storage and organization. Backyard is fenced. Centrally located off of US Hwy 19. Minutes to Tarpon Springs, Sponge Docks, Anclote Park and Fred Howard Park beaches, shopping, dining and medical facilities. All furniture conveys.

Key facts

• Bonus room
• Fenced backyard
• 5,185 sq ft lot

Tags

• FENCED BACKYARD
• BONUS ROOM
• COVERED SCREENED PATIO
• CLOSE TO TARPON SPRINGS
• CLOSE TO SPONGE DOCKS
• CLOSE TO ANCLOTE PARK

Property features AI

Finance

• Other: Homestead exempt; Zoned R4
• Financial info: No lease restrictions
• HOA & community: No association; No association approval required

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Septic sewer; Cable available; Electricity connected
• Home design: Single family residence; One story; Faces north; Residential property
• Construction: Block and stucco construction; Shingle roof
• Exterior features: Rain gutters; Sliding doors; Vinyl fencing; Asphalt road access

Interior

• Kitchen: Built-in oven; Cooktop; Dishwasher; Range hood; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Ceramic tile; Concrete; Slab foundation
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air
• Interior features: Ceiling fans; Thermostat
• Laundry & utility: Washer; Dryer; Laundry in garage

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $174 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 4.5% in Holiday — 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 66/100 on livability (#623 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B; Watch: crime D+, amenities F, commute F.
• Pasco (suburban): math 50% / reading 52% proficiency, ranked #32 of 73 in FL (top 44%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Sunray Elementary School (math 27% / reading 27%, grade F, #1,969 of 2,144 statewide, top 94%, 382 students, 92% FRL); Paul R. Smith Middle School (math 32% / reading 38%, grade F, #416 of 571 statewide, top 74%, 994 students, 82% FRL); Anclote High School (math 28% / reading 38%, grade F, #406 of 667 statewide, top 61%, 1,205 students, 77% FRL) — zoned schools average 84% FRL vs 48% district-wide (35 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 32% at this address vs 51% district-wide (-19 pts) — the specific schools serving this property underperform the Pasco average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-2.5%/yr); 134 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).
• This rent runs 40% of the median local income ($49k/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 $5k of value loss. Plan a longer hold.
• Pasco County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $155,200 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.04% ✓
• Cap rate: 7.60%
• Cash-on-cash: 4.67%
• DSCR: 1.21
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $203,812
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1126 Clairborne St	0.34mi	2/1.0	1,024 (+2%)	2mo	$215,000	$210	80
1039 Clairborne St	0.42mi	2/2.0	984 (-2%)	2mo	$138,500	$141	72
1833 Rising Sun Dr	0.39mi	2/2.0	975 (-3%)	3mo	$141,000	$145	71
1548 Landau St	0.11mi	2/1.0	864 (-14%)	2mo	$202,000	$234	70
4707 Koala Dr	0.37mi	2/2.0	1,078 (+7%)	3mo	$210,000	$195	64
5024 Odyssey Ave	0.38mi	2/2.0	1,104 (+10%)	2mo	$193,000	$175	60
5347 Flora Ave	0.60mi	2/1.5	1,072 (+7%)	1mo	$215,000	$201	58
5412 Golden Nugget Dr	0.60mi	2/1.5	1,108 (+10%)	1mo	$225,000	$203	52
5346 Riddle Rd	0.55mi	3/1.5 (+1)	1,096 (+9%)	1mo	$250,000	$228	51
5533 Riddle Rd	0.73mi	3/1.5 (+1)	1,051 (+5%)	3mo	$225,000	$214	48
5352 Riddle Rd	0.57mi	3/1.5 (+1)	1,128 (+12%)	2mo	$258,000	$229	44
4233 Manton Ln	0.60mi	2/2.0	1,140 (+14%)	2mo	$129,000	$113	44

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -12.5%
• Equity multiple: 0.56×
• Total profit: $-19,642
• Equity at exit: $23,857

10-year hold

• IRR: -9.0%
• Equity multiple: 0.52×
• Total profit: $-21,425
• Equity at exit: $13,834

Cash invested: $44,800 (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 34690

• Home prices YoY: -22.4%
• Rents YoY: -2.5%
• Active inventory: 134
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,660 high
• Mortgage (P&I): −$839
• Tax from tax record: −$231 /mo · $2,776/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$349
• Net cashflow: $174

Break-even live

Break-even rent $1,439

Max offer price $160,000

Occupancy floor 84%

Sensitivity live

Price	-10% $265	-5% $220	+0% $174	+5% $129	+10% $84
Rent	-10% $43	-5% $109	+0% $174	+5% $240	+10% $306
Rate	-1.0pp $255	-0.5pp $215	base $174	+0.5pp $133	+1.0pp $91

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1552 Alert St Holiday, FL	3.0	1.0	956	$2,100	$2.20	6d	1	0.14mi
4836 Flora Ave Holiday, FL	2.0	2.0	1113	$1,445	$1.30	26d	1	0.21mi
1254 Firecreek Ct Holiday, FL	3.0	1.0	1129	$1,500	$1.33	3d	1	0.22mi
1130 Powersong St Holiday, FL	2.0	1.0	864	$1,800	$2.08	16d	1	0.31mi
1130 Powersong St Holiday, FL	2.0	1.0	864	$1,800	$2.08	26d	1	0.31mi
1050 Clairborne St Holiday, FL	3.0	1.0	1176	$1,825	$1.55	6d	1	0.37mi
1050 Clairborne St Holiday, FL	2.0	1.0	1176	$1,825	$1.55	26d	1	0.37mi
2117 Calusa Trl Holiday, FL	2.0	1.0	1205	$1,595	$1.32	0d	1	0.71mi
2117 Calusa Trl Unit B Holiday, FL	1.0	1.0	708	$1,195	$1.69	0d	1	0.71mi
5338 Nancy Ln Holiday, FL	2.0	1.0	864	$1,430	$1.66	26d	1	0.83mi
2132 Kepner Dr Holiday, FL	2.0	1.0	920	$1,295	$1.41	22d	1	0.87mi
4823 Longwood Ave Holiday, FL	3.0	1.0	1122	$1,800	$1.60	6d	1	0.88mi
5637 Golden Nugget Dr Holiday, FL	1.0	1.5	1200	$1,375	$1.15	26d	1	0.88mi
2051 Pleasure Dr Holiday, FL	2.0	1.0	720	$1,200	$1.67	26d	1	0.92mi
5709 Silver Spur Dr Holiday, FL	1.0	1.0	727	$1,095	$1.51	1d	1	0.93mi
5709 Silver Spur Dr Holiday, FL	1.0	1.0	727	$1,095	$1.51	16d	1	0.93mi
1525 Swordbill Dr Holiday, FL	1.0	1.0	700	$1,090	$1.56	1d	1	0.94mi
1525 Swordbill Dr Holiday, FL	1.0	1.0	700	$1,090	$1.56	22d	1	0.94mi
5723 Silver Spur Dr Holiday, FL	2.0	1.0	784	$1,450	$1.85	26d	1	0.95mi
1551 Swordbill Dr Holiday, FL	2.0	1.0	784	$1,450	$1.85	26d	1	0.95mi
1551 Swordbill Dr Holiday, FL	2.0	1.0	784	$1,450	$1.85	13d	1	0.95mi
4313 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.5	825	$1,300	$1.58	16d	1	0.95mi
1330 Chancellor Dr Holiday, FL	2.0	2.0	1368	$2,550	$1.86	26d	1	0.96mi
2412 Arcadia Rd Holiday, FL	3.0	1.0	1360	$1,603	$1.18	26d	1	1.00mi
3838 Staysail Ln Unit 3838 Holiday, FL	2.0	1.0	1114	$1,500	$1.35	26d	1	1.01mi
4835 Blossom Dr Holiday, FL	2.0	2.0	1174	$1,700	$1.45	26d	1	1.02mi
4334 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	768	$1,450	$1.89	26d	1	1.02mi
4326 Tahitian Gardens Cir Unit 14E Holiday, FL	2.0	1.5	768	$2,000	$2.60	26d	1	1.04mi
2509 Sweetwood Dr Holiday, FL	2.0	1.0	988	$1,650	$1.67	19d	1	1.07mi
4354 Tahitian Gardens Cir Unit F Holiday, FL	2.0	1.0	825	$1,500	$1.82	26d	1	1.08mi
4356 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	825	$1,350	$1.64	26d	1	1.09mi
4337 Tahitian Gardens Cir Unit F Holiday, FL	2.0	1.0	768	$1,500	$1.95	26d	1	1.09mi
5913 Appletree Rd Holiday, FL	3.0	1.0	1028	$2,300	$2.24	19d	1	1.12mi
4365 Tahitian Gardens Cir Unit C Holiday, FL	2.0	1.0	825	$1,300	$1.58	1d	1	1.14mi
4351 Tahitian Gardens Cir Holiday, FL	2.0	1.0	825	$1,150	$1.39	26d	1	1.15mi
2552 Chancery Dr Holiday, FL	2.0	1.0	816	$1,595	$1.95	26d	1	1.16mi
2610 Templewood Dr Holiday, FL	3.0	1.0	1056	$1,800	$1.70	6d	1	1.17mi
4620 Tropical Ln Holiday, FL	2.0	1.0	1276	$1,650	$1.29	3d	1	1.17mi
3623 Holiday Lake Dr Holiday, FL	3.0	1.0	1004	$1,525	$1.52	26d	1	1.18mi
4723 Aegean Ave Holiday, FL	2.0	1.0	1000	$1,636	$1.64	6d	1	1.23mi

Listing history 22 events

1. 2026-06-13
   statusdays on market $160,000 Pending 35 DOM
2. 2026-06-09
   days on market $160,000 Active 32 DOM
3. 2026-06-08
   days on market $160,000 Active 31 DOM
4. 2026-06-07
   days on market $160,000 Active 30 DOM
5. 2026-06-04
   days on market $160,000 Active 27 DOM
6. 2026-06-03
   days on market $160,000 Active 26 DOM
7. 2026-06-02
   days on market $160,000 Active 25 DOM
8. 2026-06-01
   days on market $160,000 Active 24 DOM
9. 2026-05-31
   days on market $160,000 Active 23 DOM
10. 2026-05-08
    listed $160,000 Active
11. 2023-11-24
    historical
12. 2023-11-13
    price $205,000
13. 2023-11-08
    price $200,000
14. 2023-11-01
    price $215,000
15. 2023-10-02
    price $234,500
16. 2023-09-11
    price $234,900
17. 2023-09-05
    price $244,900
18. 2023-08-23
    listed $249,900 Active
19. 2023-04-25
    soldstatus $215,000
20. 2023-04-24
    soldstatus $215,000 Closed 625-char remark

    Show marketing remark (625 chars)

    Well kept adorable 2 bedroom, 1 bathroom, 1 car garage home with a spacious front porch. Both bedrooms have cedar lined closets. Efficiently sized kitchen dining combo with plenty of storage and has a built in oven and cooktop. Rear bonus room can also be used as an office. Screened in Lanai and large covered patio off of the lanai. Laundry is located in the garage which features cabinets for storage and organization. Backyard is fenced. Centrally located off of US Hwy 19. Minutes to Tarpon Springs, Sponge Docks, Anclote Park and Fred Howard Park beaches, shopping, dining and medical facilities. All furniture conveys.

21. 2023-02-17
    status Pending 625-char remark

    Show marketing remark (625 chars)

    Well kept adorable 2 bedroom, 1 bathroom, 1 car garage home with a spacious front porch. Both bedrooms have cedar lined closets. Efficiently sized kitchen dining combo with plenty of storage and has a built in oven and cooktop. Rear bonus room can also be used as an office. Screened in Lanai and large covered patio off of the lanai. Laundry is located in the garage which features cabinets for storage and organization. Backyard is fenced. Centrally located off of US Hwy 19. Minutes to Tarpon Springs, Sponge Docks, Anclote Park and Fred Howard Park beaches, shopping, dining and medical facilities. All furniture conveys.

22. 2023-02-07
    listed $215,000 Active 625-char remark

    Show marketing remark (625 chars)

    Well kept adorable 2 bedroom, 1 bathroom, 1 car garage home with a spacious front porch. Both bedrooms have cedar lined closets. Efficiently sized kitchen dining combo with plenty of storage and has a built in oven and cooktop. Rear bonus room can also be used as an office. Screened in Lanai and large covered patio off of the lanai. Laundry is located in the garage which features cabinets for storage and organization. Backyard is fenced. Centrally located off of US Hwy 19. Minutes to Tarpon Springs, Sponge Docks, Anclote Park and Fred Howard Park beaches, shopping, dining and medical facilities. All furniture conveys.

ⓘ 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: $2,776 · $231/mo
• Projected year-2 tax: $2,776 · $231/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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,921
• − Mortgage interest: −$8,962
• − Property taxes: −$2,776
• − Insurance: −$800
• − Repairs & maintenance: −$1,594
• − Management: −$1,594
• − Depreciation: −$4,655
• Taxable loss: −$460
• Est. tax savings @ 24.0%: +$110
• After-tax cash flow: $2,203/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: Pasco
• NCES district ID: 1201530
• Math proficiency: 50% ▼ -10.00%
• Reading proficiency: 52% ▼ -5.00%
• Median HH income: $45,039
• Composite: 43.14/100
• National rank: #3074
• State rank: #32 of 73 in FL

Livability — Holiday

• Score: 66/100
• State rank: #623
• US rank: #12124

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Holiday, FL
• County: Pasco County · 524,098 people
• City population: 33,730
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 12,498
• Household income: $49,401
• Rent vs Own: 33.9% rent · 66.1% own
• Severe rent burden: 625.0

Population outlook (Pasco County) Hauer SSP2

• Today (2025): 570,045 people
• By 2030: 605,844 · +6.3%
• By 2040: 674,806 · +18.4%
• By 2050: 736,022 · +29.1%
• By 2075: 862,900 · +51.4%
• By 2100: 906,364 · +59.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 21% Two or more races 11% Black 5% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 7% Cuban 3% Dominican 2%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 1%
• Foreign-born: 12% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 16% Arabic 2% Other Indo-European 2%

Political lean MEDSL · Pasco

• 2024 margin: Strong R (+25.2) · D 36.9% · R 62.1% · Other 1.0%
• 2008→2024 swing: -21.6pp toward R · 2008: -3.6pp · 2024: -25.2pp
• All cycles: 2024: R+25.2 2020: R+20.1 2016: R+21.6 2012: R+6.7 2008: R+3.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -91.40%
• Current HPI: 316.5846
• Rent YoY: ▼ -2.49%
• 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

-25.6% since first listed

13 events — show timeline

• 2026-05-08 Listed $160,000 Stellar MLS as Distributed by MLS Grid
• 2023-11-24 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-11-13 Price Changed $205,000 Stellar MLS as Distributed by MLS Grid
• 2023-11-08 Price Changed $200,000 Stellar MLS as Distributed by MLS Grid
• 2023-11-01 Price Changed $215,000 Stellar MLS as Distributed by MLS Grid
• 2023-10-02 Price Changed $234,500 Stellar MLS as Distributed by MLS Grid
• 2023-09-11 Price Changed $234,900 Stellar MLS as Distributed by MLS Grid
• 2023-09-05 Price Changed $244,900 Stellar MLS as Distributed by MLS Grid
• 2023-08-23 Listed $249,900 Stellar MLS as Distributed by MLS Grid
• 2023-04-25 Sold (Public Records) $215,000 Public Records
• 2023-04-24 Sold (MLS) $215,000 Stellar MLS as Distributed by MLS Grid
• 2023-02-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-02-07 Listed $215,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+17.0%/yr

Latest (2025): $2,776 · +0.0% YoY. Source: county tax records.