2464 Australia Way E #66 · Clearwater, FL 33763

$114,000

2 bd · 1.0 ba · 1,100 sqft · Condo public records · 211 Days on market

Built 1970 $491/mo HOA · 29% of rent

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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).

• Cash flow +14.9/30.0
• 1% rule +9.9/10.0
• ARV discount +7.5/15.0
• DSCR +4.6/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

GREAT LOCATION - INTERIOR END UNIT . ENJOY AN OUTSIDE BALCONY WITH TABLE AND CHAIRS FOR RELAXATION. THIS 2 BED / 1 BATH UNIT OF 1100 SQ FT HAS BEEN COMPLETELY REPAINTED. ALL NEW LAMINATE FLOORING WITH MOISTURE AND NOISE PROTECTION UNDERLAY. THE KITCHEN BOASTS OF REFINISHED CABINETS, SOLID SURFACE COUNTERS WITH NEW SINK AND FAUCETS. THE WALL OVEN AND REFRIGERATOR HAVE BEEN REPLACED. NEW LIGHTS IN KITCHEN, BEDROOMS, HALL, AND BATHROOM HAS NEW VANITY, MIRROR AND SHOWER DOOR PLUS RE-GROUTING IN BATHROOM - NEW A/C WILL BE INSTALLED - MUST SEE TO APPRECIATE. OTOW REQUIRES 35% DOWN.

Key facts

• Two activity centers
• Top-floor condo
• Bike storage

Tags

• TOP-FLOOR CONDO
• SEPARATE STORAGE ROOM
• BIKE STORAGE
• TWO ACTIVITY CENTERS
• TWO PRIVATE GOLF COURSES
• HEATED SWIMMING POOLS

Property features AI

Finance

• Other: Unfurnished; Third-party listing
• Financial info: Total monthly fees $491 (total annual fees $5,892); Lease restrictions apply
• HOA & community: Monthly condo fee of $491; Association required with buyer approval; Association amenities: elevator(s), fitness center, golf course, laundry, pickleball, pool, recreation facilities, security, shuffleboard, spa/hot tub, storage, tennis courts; Association fee includes cable TV, internet, pool, maintenance (structure & grounds), management, private road, recreational facilities, sewer, trash, water; Community features: association recreation (lease), buyer approval required, dog park, fitness center, reclaimed water irrigation, pool, sidewalks, tennis courts, street lights; Senior community; Pets allowed (no effective weight limit listed)

Exterior

• Parking: Assigned parking
• Security: Community security
• Utilities: Public water; Private sewer; Cable available; Electricity connected; Phone available; Sewer connected; Fire hydrant nearby; Sprinkler recycled; Underground utilities
• Home design: Condominium; Residential property; 3 total stories; Faces south; Unit on 3rd floor; One level unit; English Tudor building (Building 7)
• Construction: Block construction; Membrane roof; Slab foundation; Built as part of a multi-story building
• Exterior features: Exterior lighting; Sidewalk

Interior

• Kitchen: Built-in oven; Cooktop; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Living room/dining room combo; Florida room; Building has elevator
• Laundry & utility: Common area laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $114k.

Deal economics

• At list price, monthly cash flow is $34 ($411/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $114k).
• Recommended offer: $100k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.7% vs local median 2.9% in Clearwater — 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 (#60 in FL, #988 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, employment C-.
• 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 soft (-2.6%/yr); 288 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 13d 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 37% of the median local income ($55k/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 $788 of loan paydown is wiped out by about $3k 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 211 days — a 12% lower offer ($100k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 12y ago; this cycle's ask has dropped $11k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $44k; list at $114k implies a 162% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 29% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $100,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 211 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 1.49% ✓
• Cap rate: 6.65%
• Cash-on-cash: 1.29%
• DSCR: 1.06
• GRM: 5.6

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: -19.6%
• Equity multiple: 0.34×
• Total profit: $-20,921
• Equity at exit: $16,998

10-year hold

• IRR: -29.8%
• Equity multiple: -0.04×
• Total profit: $-33,229
• Equity at exit: $9,857

Cash invested: $31,920 (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 33763

• Rents YoY: -2.6%
• Active inventory: 288
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,697 high
• Mortgage (P&I): −$598
• Tax from tax record: −$170 /mo · $2,039/yr
• Insurance: −$48
• HOA: −$491
• Vacancy / Maint / Mgmt: −$356
• Net cashflow: $34

Break-even live

Break-even rent $1,654

Max offer price $114,000

Occupancy floor 93%

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: $28,500
• Closing costs: $3,420
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2464 Australia Way E #24 Clearwater, FL	2.0	2.0	1100	$1,600	$1.45	24d	1	0.03mi
2463 Brazilia Dr #61 Clearwater, FL	2.0	1.0	1100	$1,450	$1.32	24d	1	0.04mi
2434 Australia Way E #50 Clearwater, FL	2.0	2.0	1400	$1,700	$1.21	1d	1	0.11mi
2433 Brazilia Dr #49 Clearwater, FL	2.0	2.0	1100	$1,750	$1.59	24d	1	0.12mi
2451 Canadian Way Clearwater, FL	2.0	1.0–2.0	1250	$1,598	$1.28	7d	2	0.12mi
2450 Canadian Way #26 Clearwater, FL	2.0	2.0	1400	$1,700	$1.21	24d	1	0.18mi
2020 World Parkway Blvd #54 Clearwater, FL	2.0	2.0	1400	$1,795	$1.28	10d	1	0.21mi
2578 Sea Wind Way Clearwater, FL	2.0	2.5	1252	$2,100	$1.68	24d	1	0.26mi
2458 Columbia Dr #64 Clearwater, FL	1.0	1.0	825	$1,275	$1.55	24d	1	0.26mi
2040 World Parkway Blvd #34 Clearwater, FL	2.0	2.0	1400	$1,650	$1.18	24d	1	0.26mi
2448 Columbia Dr #72 Clearwater, FL	2.0	2.0	1100	$1,600	$1.45	23d	1	0.27mi
2428 Columbia Dr #68 Clearwater, FL	2.0	2.0	1100	$1,750	$1.59	4d	1	0.28mi
2429 Ecuadorian Way #65 Clearwater, FL	2.0	2.0	1100	$1,600	$1.45	4d	1	0.29mi
2071 Australia Way W #29 Clearwater, FL	2.0	2.0	1100	$1,525	$1.39	24d	1	0.31mi
2042 Australia Way W Clearwater, FL	1.0	1.0	825	$1,350	$1.64	10d	1	0.33mi
2466 Ecuadorian Way #32 Clearwater, FL	2.0	2.0	1100	$1,600	$1.45	24d	1	0.34mi
2380 World Parkway Blvd #56 Clearwater, FL	1.0	2.0	1244	$1,200	$0.96	3d	1	0.34mi
2456 Ecuadorian Way #42 Clearwater, FL	2.0	2.0	1100	$1,700	$1.55	4d	1	0.35mi
2455 Finlandia Ln #67 Clearwater, FL	2.0	2.0	1100	$1,495	$1.36	11d	1	0.36mi
2402 Ecuadorian Way Clearwater, FL	2.0	2.0	1400	$1,800	$1.29	24d	2	0.37mi
2402 Ecuadorian Way #28 Clearwater, FL	2.0	2.0	1400	$1,900	$1.36	4d	1	0.38mi
2361 Ecuadorian Way #45 Clearwater, FL	2.0	2.0	1400	$1,700	$1.21	4d	1	0.39mi
2378 Ecuadorian Way #38 Clearwater, FL	2.0	2.0	1400	$1,800	$1.29	1d	1	0.40mi
2310 Denmark St Clearwater, FL	2.0	2.0	1100	$1,600	$1.45	14d	1	0.42mi
2311 Brisbane St #65 Clearwater, FL	2.0	2.0	1100	$1,700	$1.55	12d	1	0.43mi
2358 Ecuadorian Way #56 Clearwater, FL	2.0	2.0	1100	$1,500	$1.36	2d	1	0.45mi
2359 Finlandia Ln Clearwater, FL	2.0	2.0–20.0	1100	$1,400	$1.27	17d	2	0.45mi
2331 Finlandia Ln #53 Clearwater, FL	1.0	1.0	825	$1,345	$1.63	2d	1	0.51mi
2031 Glass Loop Clearwater, FL	1.0–3.0	1.0–2.0	1058	$2,402	$2.27	2d	34	0.56mi
2405 Franciscan Dr #23 Clearwater, FL	2.0	2.0	1400	$1,875	$1.34	20d	1	0.56mi
2287 Philippine Dr #29 Clearwater, FL	2.0	2.0	1070	$1,550	$1.45	7d	1	0.57mi
2287 Philippine Dr #29 Clearwater, FL	2.0	2.0	1070	$1,550	$1.45	2d	1	0.57mi
2400 Franciscan Dr #44 Clearwater, FL	1.0	1.0	735	$1,200	$1.63	24d	1	0.57mi
2284 Philippine Dr #59 Clearwater, FL	2.0	2.0	1100	$1,795	$1.63	21d	1	0.60mi
2550 Stag Run Blvd Clearwater, FL	1.0–3.0	1.0–2.0	1189	$1,870	$1.57	1d	19	0.62mi
25350 US Highway 19 N Clearwater, FL	3.0	1.0–2.0	875	$1,732	$1.98	2d	28	0.66mi
2256 Philippine Dr Clearwater, FL	2.0	2.0	1400	$1,550	$1.11	24d	1	0.66mi
2363 Israeli Dr #67 Clearwater, FL	2.0	2.0	1100	$1,600	$1.45	24d	1	0.76mi
2460 Persian Dr #44 Clearwater, FL	2.0	2.0	1100	$1,800	$1.64	4d	1	0.80mi
2262 Swedish Dr #10 Clearwater, FL	2.0	2.0	1115	$2,000	$1.79	24d	1	0.82mi

HOA detail condo

• Monthly dues: $491 · $5,892/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 28 events

1. 2026-06-18
   days on market $114,000 Active 211 DOM
2. 2026-06-17
   days on market $114,000 Active 210 DOM
3. 2026-06-16
   days on market $114,000 Active 209 DOM
4. 2026-06-15
   days on market $114,000 Active 208 DOM
5. 2026-06-13
   days on market $114,000 Active 206 DOM
6. 2026-06-09
   days on market $114,000 Active 202 DOM
7. 2026-06-08
   days on market $114,000 Active 201 DOM
8. 2026-06-07
   days on market $114,000 Active 200 DOM
9. 2026-06-04
   days on market $114,000 Active 197 DOM
10. 2026-06-03
    days on market $114,000 Active 196 DOM
11. 2026-06-01
    days on market $114,000 Active 194 DOM
12. 2026-05-31
    days on market $114,000 Active 193 DOM
13. 2026-03-09
    price $114,000
14. 2025-11-19
    status Active
15. 2025-11-12
    historical
16. 2025-11-11
    listed $125,000 Active
17. 2015-04-29
    soldstatus $43,500
18. 2015-04-28
    soldstatus $43,500 Sold 586-char remark

    Show marketing remark (586 chars)

    GREAT LOCATION - INTERIOR END UNIT . ENJOY AN OUTSIDE BALCONY WITH TABLE AND CHAIRS FOR RELAXATION. THIS 2 BED / 1 BATH UNIT OF 1100 SQ FT HAS BEEN COMPLETELY REPAINTED. ALL NEW LAMINATE FLOORING WITH MOISTURE AND NOISE PROTECTION UNDERLAY. THE KITCHEN BOASTS OF REFINISHED CABINETS, SOLID SURFACE COUNTERS WITH NEW SINK AND FAUCETS. THE WALL OVEN AND REFRIGERATOR HAVE BEEN REPLACED. NEW LIGHTS IN KITCHEN, BEDROOMS, HALL, AND BATHROOM HAS NEW VANITY, MIRROR AND SHOWER DOOR PLUS RE-GROUTING IN BATHROOM - NEW A/C WILL BE INSTALLED - MUST SEE TO APPRECIATE. OTOW REQUIRES 35% DOWN.

19. 2015-04-06
    historical Contingent - Inspections 586-char remark

    Show marketing remark (586 chars)

    GREAT LOCATION - INTERIOR END UNIT . ENJOY AN OUTSIDE BALCONY WITH TABLE AND CHAIRS FOR RELAXATION. THIS 2 BED / 1 BATH UNIT OF 1100 SQ FT HAS BEEN COMPLETELY REPAINTED. ALL NEW LAMINATE FLOORING WITH MOISTURE AND NOISE PROTECTION UNDERLAY. THE KITCHEN BOASTS OF REFINISHED CABINETS, SOLID SURFACE COUNTERS WITH NEW SINK AND FAUCETS. THE WALL OVEN AND REFRIGERATOR HAVE BEEN REPLACED. NEW LIGHTS IN KITCHEN, BEDROOMS, HALL, AND BATHROOM HAS NEW VANITY, MIRROR AND SHOWER DOOR PLUS RE-GROUTING IN BATHROOM - NEW A/C WILL BE INSTALLED - MUST SEE TO APPRECIATE. OTOW REQUIRES 35% DOWN.

20. 2015-02-22
    price $48,000 586-char remark

    Show marketing remark (586 chars)

    GREAT LOCATION - INTERIOR END UNIT . ENJOY AN OUTSIDE BALCONY WITH TABLE AND CHAIRS FOR RELAXATION. THIS 2 BED / 1 BATH UNIT OF 1100 SQ FT HAS BEEN COMPLETELY REPAINTED. ALL NEW LAMINATE FLOORING WITH MOISTURE AND NOISE PROTECTION UNDERLAY. THE KITCHEN BOASTS OF REFINISHED CABINETS, SOLID SURFACE COUNTERS WITH NEW SINK AND FAUCETS. THE WALL OVEN AND REFRIGERATOR HAVE BEEN REPLACED. NEW LIGHTS IN KITCHEN, BEDROOMS, HALL, AND BATHROOM HAS NEW VANITY, MIRROR AND SHOWER DOOR PLUS RE-GROUTING IN BATHROOM - NEW A/C WILL BE INSTALLED - MUST SEE TO APPRECIATE. OTOW REQUIRES 35% DOWN.

21. 2015-02-05
    status Active 586-char remark

    Show marketing remark (586 chars)

    GREAT LOCATION - INTERIOR END UNIT . ENJOY AN OUTSIDE BALCONY WITH TABLE AND CHAIRS FOR RELAXATION. THIS 2 BED / 1 BATH UNIT OF 1100 SQ FT HAS BEEN COMPLETELY REPAINTED. ALL NEW LAMINATE FLOORING WITH MOISTURE AND NOISE PROTECTION UNDERLAY. THE KITCHEN BOASTS OF REFINISHED CABINETS, SOLID SURFACE COUNTERS WITH NEW SINK AND FAUCETS. THE WALL OVEN AND REFRIGERATOR HAVE BEEN REPLACED. NEW LIGHTS IN KITCHEN, BEDROOMS, HALL, AND BATHROOM HAS NEW VANITY, MIRROR AND SHOWER DOOR PLUS RE-GROUTING IN BATHROOM - NEW A/C WILL BE INSTALLED - MUST SEE TO APPRECIATE. OTOW REQUIRES 35% DOWN.

22. 2015-02-02
    historical Contingent - Inspections 586-char remark

    Show marketing remark (586 chars)

    GREAT LOCATION - INTERIOR END UNIT . ENJOY AN OUTSIDE BALCONY WITH TABLE AND CHAIRS FOR RELAXATION. THIS 2 BED / 1 BATH UNIT OF 1100 SQ FT HAS BEEN COMPLETELY REPAINTED. ALL NEW LAMINATE FLOORING WITH MOISTURE AND NOISE PROTECTION UNDERLAY. THE KITCHEN BOASTS OF REFINISHED CABINETS, SOLID SURFACE COUNTERS WITH NEW SINK AND FAUCETS. THE WALL OVEN AND REFRIGERATOR HAVE BEEN REPLACED. NEW LIGHTS IN KITCHEN, BEDROOMS, HALL, AND BATHROOM HAS NEW VANITY, MIRROR AND SHOWER DOOR PLUS RE-GROUTING IN BATHROOM - NEW A/C WILL BE INSTALLED - MUST SEE TO APPRECIATE. OTOW REQUIRES 35% DOWN.

23. 2014-11-19
    price $49,500 586-char remark

    Show marketing remark (586 chars)

    GREAT LOCATION - INTERIOR END UNIT . ENJOY AN OUTSIDE BALCONY WITH TABLE AND CHAIRS FOR RELAXATION. THIS 2 BED / 1 BATH UNIT OF 1100 SQ FT HAS BEEN COMPLETELY REPAINTED. ALL NEW LAMINATE FLOORING WITH MOISTURE AND NOISE PROTECTION UNDERLAY. THE KITCHEN BOASTS OF REFINISHED CABINETS, SOLID SURFACE COUNTERS WITH NEW SINK AND FAUCETS. THE WALL OVEN AND REFRIGERATOR HAVE BEEN REPLACED. NEW LIGHTS IN KITCHEN, BEDROOMS, HALL, AND BATHROOM HAS NEW VANITY, MIRROR AND SHOWER DOOR PLUS RE-GROUTING IN BATHROOM - NEW A/C WILL BE INSTALLED - MUST SEE TO APPRECIATE. OTOW REQUIRES 35% DOWN.

24. 2014-11-15
    price $49,900 586-char remark

    Show marketing remark (586 chars)

    GREAT LOCATION - INTERIOR END UNIT . ENJOY AN OUTSIDE BALCONY WITH TABLE AND CHAIRS FOR RELAXATION. THIS 2 BED / 1 BATH UNIT OF 1100 SQ FT HAS BEEN COMPLETELY REPAINTED. ALL NEW LAMINATE FLOORING WITH MOISTURE AND NOISE PROTECTION UNDERLAY. THE KITCHEN BOASTS OF REFINISHED CABINETS, SOLID SURFACE COUNTERS WITH NEW SINK AND FAUCETS. THE WALL OVEN AND REFRIGERATOR HAVE BEEN REPLACED. NEW LIGHTS IN KITCHEN, BEDROOMS, HALL, AND BATHROOM HAS NEW VANITY, MIRROR AND SHOWER DOOR PLUS RE-GROUTING IN BATHROOM - NEW A/C WILL BE INSTALLED - MUST SEE TO APPRECIATE. OTOW REQUIRES 35% DOWN.

25. 2014-11-03
    listed $52,500 Active 586-char remark

    Show marketing remark (586 chars)

    GREAT LOCATION - INTERIOR END UNIT . ENJOY AN OUTSIDE BALCONY WITH TABLE AND CHAIRS FOR RELAXATION. THIS 2 BED / 1 BATH UNIT OF 1100 SQ FT HAS BEEN COMPLETELY REPAINTED. ALL NEW LAMINATE FLOORING WITH MOISTURE AND NOISE PROTECTION UNDERLAY. THE KITCHEN BOASTS OF REFINISHED CABINETS, SOLID SURFACE COUNTERS WITH NEW SINK AND FAUCETS. THE WALL OVEN AND REFRIGERATOR HAVE BEEN REPLACED. NEW LIGHTS IN KITCHEN, BEDROOMS, HALL, AND BATHROOM HAS NEW VANITY, MIRROR AND SHOWER DOOR PLUS RE-GROUTING IN BATHROOM - NEW A/C WILL BE INSTALLED - MUST SEE TO APPRECIATE. OTOW REQUIRES 35% DOWN.

26. 2014-08-28
    soldstatus $28,000
27. 1995-11-29
    soldstatus $29,500
28. 1988-06-30
    soldstatus $42,000

ⓘ 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: $2,039 · $170/mo
• Projected year-2 tax: $2,039 · $170/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 ≥107°F today · 27 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: $20,362
• − Mortgage interest: −$6,386
• − Property taxes: −$2,039
• − Insurance: −$570
• − Repairs & maintenance: −$1,629
• − Management: −$1,629
• − HOA: −$5,892
• − Depreciation: −$3,316
• Taxable loss: −$1,099
• Est. tax savings @ 24.0%: +$264
• After-tax cash flow: $675/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 — Clearwater

• Score: 82/100
• State rank: #60
• US rank: #988

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pinellas County · 939,478 people
• City population: 170,933
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 21,146
• Household income: $54,794
• Rent vs Own: 27.6% rent · 72.4% own
• Severe rent burden: 753.0

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 17% Two or more races 9% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 15% · Canada, Jamaica, Vietnam
• Languages at home: 81% English-only · Spanish 10% Other Indo-European 3% Russian/Polish/Slavic 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: ▼ -439.90%
• Current HPI: 265.3099
• Rent YoY: ▼ -2.63%
• 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

+171.4% since first listed

16 events — show timeline

• 2026-03-09 Price Changed $114,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-11-11 Listed $125,000 Stellar MLS as Distributed by MLS Grid
• 2015-04-29 Sold (Public Records) $43,500 Public Records
• 2015-04-28 Sold (MLS) $43,500 Stellar MLS as Distributed by MLS Grid
• 2015-04-06 Contingent — Stellar MLS as Distributed by MLS Grid
• 2015-02-22 Price Changed $48,000 Stellar MLS as Distributed by MLS Grid
• 2015-02-05 Relisted — Stellar MLS as Distributed by MLS Grid
• 2015-02-02 Contingent — Stellar MLS as Distributed by MLS Grid
• 2014-11-19 Price Changed $49,500 Stellar MLS as Distributed by MLS Grid
• 2014-11-15 Price Changed $49,900 Stellar MLS as Distributed by MLS Grid
• 2014-11-03 Listed $52,500 Stellar MLS as Distributed by MLS Grid
• 2014-08-28 Sold (Public Records) $28,000 Public Records
• 1995-11-29 Sold (Public Records) $29,500 Public Records
• 1988-06-30 Sold (Public Records) $42,000 Public Records

Property tax history

+7.5%/yr

Latest (2025): $2,039 · +4.8% YoY. Source: county tax records.