4129 Stratford Dr #4129 · Beacon Square, FL
Flood risk 9/10 · Severe
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 109°F)
- 6 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 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 +10.0/10.0
- Cash flow +8.2/30.0
- Condition / age +4.0/5.0
- Schools +3.5/10.0
- Livability +3.3/5.0
- Rent growth +2.7/5.0
- DSCR +2.2/10.0
- Appreciation +0.0/10.0
$89,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
TOTALLY RENOVATED, BEAUTIFUL , SPACIOUS CONDO IN THE DESIRABLE "GARDENS OF BEACON SQUARE" 55 +, . OPEN LAYOUT, NICE SIZE ROOMS , LIGHT BIGHT AND AIRY! ! ALL NEW EVERYTHING! . POOL AND CLUBHOUSE FOR YOU ENJOYMENT! CABLE , TRASH, WATER AND INTERNET INCLUCED , AS WELL AS EXTERIOR AND FULL BUILDING MAINTENANCE!! TRULEY CAREFREE LIVING! SPECTACULAR DEAL ON THIS PROPERTY!!! THEIR LOSS YOUR GAIN!
Key facts
- Clubhouse
- Community pool
- Walk-in closet
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $90k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-510 ($-6k/yr) — negative.
- To cash-flow at today's rent, offer at most $16k (82.1% below list).
- Meets the 1% rule at list price ($2k rent vs $90k).
- Recommended offer: $16k (82.1% below list) — sets the bar for cash-flow.
- Cap rate 5.2% vs local median 3.5% in Beacon Square — 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 (#600 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B; Watch: employment 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: Mittye P. Locke Elementary School (math 35% / reading 39%, grade F, #1,609 of 2,144 statewide, top 77%, 491 students, 89% 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 83% FRL vs 48% district-wide (34 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 35% at this address vs 51% district-wide (-16 pts) — the specific schools serving this property underperform the Pasco average; the district grade overstates school quality for this exact location.
- Market conditions: Rents flat; 791 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 73d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k 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 130 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 2y ago; this cycle's ask has dropped $30k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $67k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; HOA is 47% of rent.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→23/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 130 days. Have you received any prior offers? Is the seller open to a 82% concession, seller financing, or rate buy-down credit?
- Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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 F-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
- 1.86% ✓
- Cap rate
- 5.18%
- Cash-on-cash
- -3.99%
- DSCR
- 0.82
- GRM
- 4.5
CMA / ARV
- ARV (median comp)
- $124,386
- List price
- $89,900
- Delta
- -27.72%
- 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 |
|---|---|---|---|---|---|---|---|
| 4142 Hampton Dr #4142 | 0.14mi | 2/2.0 | 1,050 (-3%) | 0mo | $117,000 | $111 | 88 |
| 4347 Rustic Dr #4347 | 0.11mi | 2/1.0 | 975 (-10%) | 0mo | $50,000 | $51 | 74 |
| 4742 Azalea Dr #213 | 1.21mi | 2/2.0 | 1,104 (+2%) | 0mo | $70,000 | $63 | 61 |
| 3243 Bayport Dr | 1.23mi | 2/1.5 | 1,056 (-2%) | 0mo | $224,000 | $212 | 59 |
| 4746 Azalea Dr #111 | 1.21mi | 2/2.0 | 1,008 (-7%) | 0mo | $75,000 | $74 | 54 |
| 4126 Wiggins Dr | 0.91mi | 2/2.0 | 1,156 (+7%) | 0mo | $185,000 | $160 | 53 |
| 4011 Grayton Dr | 0.60mi | 3/2.0 (+1) | 1,200 (+11%) | 0mo | $290,000 | $242 | 48 |
| 4029 Valencia Dr | 0.73mi | 3/2.0 (+1) | 1,199 (+11%) | 0mo | $265,000 | $221 | 42 |
| 4016 Grayton Dr | 0.62mi | 2/3.0 | 1,350 (+25%) | 0mo | $255,000 | $189 | 42 |
| 3331 Clydesdale Dr | 1.12mi | 2/1.0 | 956 (-12%) | 0mo | $150,000 | $157 | 42 |
| 3317 Bainbridge Dr | 1.44mi | 3/1.0 (+1) | 1,184 (+10%) | 0mo | $133,000 | $112 | 40 |
| 4040 Flamingo Dr | 0.81mi | 2/1.0 | 945 (-12%) | 0mo | $126,000 | $133 | 40 |
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 · 0.72% rent growth · sell at horizon
- IRR
- -83.1%
- Equity multiple
- -0.99×
- Total profit
- $-50,051
- Equity at exit
- $13,404
- IRR
- —
- Equity multiple
- -2.85×
- Total profit
- $-97,017
- Equity at exit
- $7,773
Cash invested: $25,172 (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
- 7 active · 2 under contract
- Median asking
- $109,900 ($105/sqft)
- Median days on market
- 153 d
- This list price
- 29% of active listings are priced below it
- ARV vs active asking
- +10.0% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34652
- Home prices YoY
- -26.1%
- Rents YoY
- 0.7%
- Active inventory
- 791
- Price-to-rent
- 4.5×
Monthly cashflow live
- Estimated rent
- $1,673 high interval (Pro) →
- Mortgage (P&I)
- −$471
- Tax est. 1.5%
- −$112 /mo · $1,348/yr
- Insurance
- −$37
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$784
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$351
- Net cashflow
- $-510
Break-even live
Sensitivity live
| Price | -10% $-448 | -5% $-479 | +0% $-510 | +5% $-541 | +10% $-572 |
|---|---|---|---|---|---|
| Rent | -10% $-642 | -5% $-576 | +0% $-510 | +5% $-444 | +10% $-378 |
| Rate | -1.0pp $-465 | -0.5pp $-487 | base $-510 | +0.5pp $-534 | +1.0pp $-557 |
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
- $22,475
- Closing costs
- $2,697
- 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 |
|---|---|---|---|---|---|---|---|---|
| 4211 Stratford Dr Unit 4211 New Port Richey, FL | 2.0 | 2.0 | 1080 | $1,500 | $1.39 | 93d | 1 | 0.10mi |
| 4347 Rustic Dr New Port Richey, FL | 2.0 | 1.0 | 975 | $1,195 | $1.23 | 62d | 1 | 0.13mi |
| 4122 Hampton Dr New Port Richey, FL | 2.0 | 2.0 | 1050 | $1,795 | $1.71 | 94d | 1 | 0.14mi |
| 4411 Rustic Dr Unit 1 New Port Richey, FL | 2.0 | 2.0 | 1050 | $1,450 | $1.38 | 108d | 1 | 0.14mi |
| 4408 Rustic Dr New Port Richey, FL | 2.0 | 1.0 | 1101 | $1,500 | $1.36 | 120d | 1 | 0.17mi |
| 4428 Sunstate Dr New Port Richey, FL | 2.0 | 2.0 | 1050 | $1,700 | $1.62 | 32d | 1 | 0.27mi |
| 4282 Rudder Way New Port Richey, FL | 3.0 | 2.0 | 1454 | $2,000 | $1.38 | 120d | 1 | 0.32mi |
| 4282 Rudder Way New Port Richey, FL | 3.0 | 2.0 | 1310 | $2,000 | $1.53 | 99d | 1 | 0.32mi |
| 4221 Touchton Pl New Port Richey, FL | 2.0 | 2.0 | 888 | $1,300 | $1.46 | 119d | 1 | 0.32mi |
| 4302 Rudder Way New Port Richey, FL | 2.0 | 2.0 | 1345 | $2,000 | $1.49 | 10d | 1 | 0.33mi |
| 4216 Hillsdale Dr New Port Richey, FL | 2.0 | 1.5 | 1321 | $1,750 | $1.32 | 42d | 1 | 0.37mi |
| 4223 Sheldon Pl #23 New Port Richey, FL | 2.0 | 2.0 | 888 | $1,600 | $1.80 | 32d | 1 | 0.41mi |
| 4240 Sheldon Pl Unit 4240 New Port Richey, FL | 2.0 | 2.0 | 888 | $1,250 | $1.41 | 10d | 1 | 0.41mi |
| 4333 Newbury Dr New Port Richey, FL | 2.0 | 2.0 | 1264 | $1,950 | $1.54 | 24d | 1 | 0.43mi |
| 4113 Schooner Ln New Port Richey, FL | 3.0 | 2.0 | 1464 | $1,900 | $1.30 | 44d | 1 | 0.46mi |
| 4031 Davit Dr New Port Richey, FL | 2.0 | 2.0 | 1144 | $1,600 | $1.40 | 113d | 1 | 0.53mi |
| 4022 Davit Dr New Port Richey, FL | 2.0 | 2.0 | 1144 | $1,600 | $1.40 | 113d | 1 | 0.55mi |
| 4301 Straits Ln New Port Richey, FL | 3.0 | 1.5 | 1284 | $1,765 | $1.37 | 44d | 1 | 0.56mi |
| 4133 Grayton Dr New Port Richey, FL | 2.0 | 1.5 | 1068 | $1,727 | $1.62 | 100d | 1 | 0.58mi |
| 4632 Salvia St New Port Richey, FL | 2.0 | 1.0 | 932 | $1,600 | $1.72 | 72d | 1 | 0.59mi |
| 4852 Pompano Dr New Port Richey, FL | 2.0 | 2.0 | 1104 | $2,900 | $2.63 | 120d | 1 | 0.61mi |
| 4721 Naftis Ln New Port Richey, FL | 3.0 | 2.0 | 1104 | $1,700 | $1.54 | 108d | 1 | 0.64mi |
| 3847 Lighthouse Way New Port Richey, FL | 2.0 | 2.0 | 1144 | $1,595 | $1.39 | 117d | 1 | 0.65mi |
| 4540 Irene Loop New Port Richey, FL | 2.0 | 1.0 | 768 | $1,550 | $2.02 | 120d | 1 | 0.66mi |
| 5029 Pelican Dr New Port Richey, FL | 2.0 | 2.0 | 1334 | $2,400 | $1.80 | 40d | 1 | 0.66mi |
| 4616 Irene Loop New Port Richey, FL | 2.0 | 1.0 | 898 | $1,595 | $1.78 | 10d | 1 | 0.69mi |
| 4625 Compass Ct New Port Richey, FL | 2.0 | 2.0 | 1272 | $2,000 | $1.57 | 5d | 1 | 0.69mi |
| 4645 Irene Loop New Port Richey, FL | 3.0 | 1.0 | 1158 | $1,600 | $1.38 | 32d | 1 | 0.69mi |
| 3802 Grayton Dr New Port Richey, FL | 2.0 | 2.0 | 1236 | $1,950 | $1.58 | 10d | 1 | 0.71mi |
| 4811 Drift Tide Dr New Port Richey, FL | 2.0 | 1.0 | 1088 | $1,145 | $1.05 | 24d | 1 | 0.74mi |
| 3741 Kingsbury Dr Holiday, FL | 2.0 | 2.0 | 1018 | $1,650 | $1.62 | 44d | 1 | 0.74mi |
| 4430 Floramar Ter New Port Richey, FL | 2.0 | 1.5 | 1094 | $2,500 | $2.29 | 98d | 1 | 0.76mi |
| 4436 Floramar Ter New Port Richey, FL | 2.0 | 1.5 | 890 | $2,295 | $2.58 | 100d | 1 | 0.76mi |
| 4044 Headsail Dr New Port Richey, FL | 2.0 | 2.0 | 1232 | $2,100 | $1.70 | 7d | 1 | 0.78mi |
| 4314 Pinefield Ave Holiday, FL | 2.0 | 2.0 | 1003 | $1,650 | $1.65 | 73d | 1 | 0.79mi |
| 4457 Floramar Ter New Port Richey, FL | 2.0 | 2.0 | 1276 | $2,200 | $1.72 | 10d | 1 | 0.80mi |
| 4335 Floramar Ter New Port Richey, FL | 2.0 | 1.0 | 1300 | $2,100 | $1.62 | 120d | 1 | 0.81mi |
| 4124 Flamingo Dr New Port Richey, FL | 3.0 | 1.0 | 744 | $1,500 | $2.02 | 99d | 1 | 0.81mi |
| 4124 Flamingo Dr New Port Richey, FL | 3.0 | 1.0 | 744 | $1,500 | $2.02 | 110d | 1 | 0.81mi |
| 3702 Sail Dr New Port Richey, FL | 2.0 | 2.0 | 1200 | $1,550 | $1.29 | 4d | 1 | 0.82mi |
Property features AI
Finance
- Other
- Unit is unfurnished
- Financial info
- Total annual fees $9,408Lease restrictions apply
- HOA & community
- Has HOA; monthly condo fee $784Association approval requiredAssociation dues include cable TV, internet, pool, maintenance (structure & grounds), pest control, recreational facilities, sewer, trash, water, common area taxesSenior communityCommunity clubhouse and poolDeed restrictionsPets allowed with breed restrictions
Exterior
- Parking
- Carport (1 space)
- Utilities
- Public waterPublic sewerCable connectedElectricity connectedWater connectedSewer connected
- Home design
- Residential condominiumOne storyFaces northFloor 1
- Construction
- Block and stucco constructionShingle roofSlab foundationBuilt as part of Gardens of Beacon Square
- Exterior features
- Exterior lightingPaved road access
Interior
- Kitchen
- MicrowaveRangeRefrigerator
- Bedrooms
- 2 bedrooms
- Flooring
- CarpetCeramic tile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Living room/dining room comboThermostatWalk-in closet(s)
- Laundry & utility
- Laundry closet
HOA detail $784/mo · $9,408/yr condo
- Likely covers
- watertrashinternetcablepool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-10days on market $89,900 Active 130 DOM
-
2026-08-09days on market $89,900 Active 129 DOM
-
2026-08-08days on market $89,900 Active 128 DOM
-
2026-08-06days on market $89,900 Active 126 DOM
-
2026-08-05days on market $89,900 Active 125 DOM
-
2026-08-04days on market $89,900 Active 124 DOM
-
2026-08-03days on market $89,900 Active 123 DOM
-
2026-07-31days on market $89,900 Active 120 DOM
-
2026-07-30days on market $89,900 Active 118 DOM
-
2026-07-28days on market $89,900 Active 117 DOM
-
2026-07-26days on market $89,900 Active 115 DOM
-
2026-07-24days on market $89,900 Active 113 DOM
-
2026-07-23days on market $89,900 Active 112 DOM
-
2026-07-22days on market $89,900 Active 111 DOM
-
2026-07-21days on market $89,900 Active 110 DOM
-
2026-07-20pricedays on market $89,900 Active 109 DOM
-
2026-07-18days on market $96,500 Active 106 DOM
-
2026-07-16days on market $96,500 Active 105 DOM
-
2026-07-15days on market $96,500 Active 104 DOM
-
2026-07-13days on market $96,500 Active 102 DOM
-
2026-07-13days on market $96,500 Active 101 DOM
-
2026-07-11days on market $96,500 Active 100 DOM
-
2026-07-10days on market $96,500 Active 99 DOM
-
2026-07-09days on market $96,500 Active 98 DOM
-
2026-07-07days on market $96,500 Active 96 DOM
-
2026-07-06days on market $96,500 Active 95 DOM
-
2026-07-06days on market $96,500 Active 94 DOM
-
2026-07-05days on market $96,500 Active 93 DOM
-
2026-07-03days on market $96,500 Active 92 DOM
-
2026-07-02days on market $96,500 Active 91 DOM
-
2026-07-01days on market $96,500 Active 90 DOM
-
2026-06-30days on market $96,500 Active 89 DOM
-
2026-06-29days on market $96,500 Active 88 DOM
-
2026-06-28days on market $96,500 Active 87 DOM
-
2026-06-27days on market $96,500 Active 86 DOM
-
2026-06-26days on market $96,500 Active 85 DOM
-
2026-06-24days on market $96,500 Active 83 DOM
-
2026-06-22days on market $96,500 Active 81 DOM
-
2026-06-22days on market $96,500 Active 80 DOM
-
2026-06-18days on market $96,500 Active 77 DOM
-
2026-06-17days on market $96,500 Active 76 DOM
-
2026-06-16days on market $96,500 Active 75 DOM
-
2026-06-15days on market $96,500 Active 74 DOM
-
2026-06-13days on market $96,500 Active 72 DOM
-
2026-06-09days on market $96,500 Active 68 DOM
-
2026-06-08days on market $96,500 Active 67 DOM
-
2026-06-07pricedays on market $96,500 Active 66 DOM
-
2026-06-04days on market $99,900 Active 63 DOM
-
2026-06-03days on market $99,900 Active 62 DOM
-
2026-06-02days on market $99,900 Active 61 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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 10/10 Extreme 6 d/yr ≥109°F today · 23 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,074
- − Mortgage interest
- −$5,036
- − Property taxes
- −$1,348
- − Insurance
- −$5,568
- − Repairs & maintenance
- −$1,606
- − Management
- −$1,606
- − HOA
- −$9,408
- − Depreciation
- −$2,615
- Taxable loss
- −$7,113
- Est. tax savings @ 24.0%
- +$1,707
- After-tax cash flow
- $-4,416/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 2-bedroom, 2-bath condo in Beacon Square is in good condition with recent updates and a well-maintained exterior. It offers a good return on investment with minor improvements needed.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and value ↑
- Both Replace carpet — Improves comfort and reduces maintenance ↑
ⓘ 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
- 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 — Beacon Square
- Score
- 66/100
- State rank
- #600
- US rank
- #11494
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Beacon Square, FL
- County
- Pasco County · 570,045 people
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Population (ZIP)
- 27,444
- Household income
- $56,931
- Rent vs Own
- Severe rent burden
- 22% of renters
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 (78%)
- Race & ethnicity
- White 78% Hispanic / Latino 13% Two or more races 9% Black 4%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 4% Cuban 4%
- Common ancestry
- Romanian 4% Lithuanian 3% Slovak 2%
- Foreign-born
- 9% · Canada
- Languages at home
- 87% English-only · Spanish 9% Other Indo-European 1% Russian/Polish/Slavic 1%
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
- ▼ -109.49%
- Current HPI
- 310.8347
- Rent YoY
- ▲ 0.72%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-35.2% since first listed11 events — show timeline
- 2026-06-05 Price Changed $96,500 Stellar MLS as Distributed by MLS Grid
- 2026-05-01 Price Changed $99,900 Stellar MLS as Distributed by MLS Grid
- 2026-04-16 Price Changed $104,900 Stellar MLS as Distributed by MLS Grid
- 2026-04-02 Listed $120,000 Stellar MLS as Distributed by MLS Grid
- 2025-11-19 Sold (MLS) $67,000 Stellar MLS as Distributed by MLS Grid
- 2025-11-02 Pending — Stellar MLS as Distributed by MLS Grid
- 2025-09-21 Listed $69,000 Stellar MLS as Distributed by MLS Grid
- 2025-07-18 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2025-06-09 Price Changed $99,000 Stellar MLS as Distributed by MLS Grid
- 2024-09-13 Price Changed $139,000 Stellar MLS as Distributed by MLS Grid
- 2024-08-29 Listed $149,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…