8300 Seminole Blvd #229 · Seminole, FL 33772

$60,000

1 bd · 1.0 ba · 480 sqft · Manufactured public records · 241 Days on market

Built 1985 15 ac lot $135/mo HOA · 9% of rent

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.4/5.0
• Schools +4.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Whether it is seasonal living you desire, or the full time Florida lifestyle, this is the mobile home for you! This well-maintained home is being sold furnished and is truly turn-key. Fresh exterior paint, 2 car length carport, new water heater, HVAC replaced in 2015, and washer/dryer hook ups are just a few of the amazing perks to this property. This mobile home is land owned with a LOW $135 HOA monthly fee. Majestic Park is located in the heart of Seminole, close to restaurants, shopping and 10 minutes to the beautiful Gulf beaches. Reach out today to see this gem today, it is sure to sell quickly!

Key facts

• Land owned community
• 2-length carport
• Laundry closet

Tags

• 2-LENGTH CARPORT
• LAUNDRY CLOSET
• WASHER DRYER HOOK UPS
• NEWER WATER HEATER
• LAND OWNED COMMUNITY
• SHORT DRIVE TO GULF BEACHES

Property features AI

Finance

• Other: Partially furnished; Homestead exempt; Zoned R-6; Lot approximately 14.72 acres
• Financial info: Total annual fees $1,620; Lease restrictions apply
• HOA & community: Homeowners association (monthly fee $135, approval required); Association name: Vic Morella; Senior community; Clubhouse available; Buyer approval required; Pets not allowed

Exterior

• Parking: Carport for 2 vehicles
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Cable available
• Home design: Manufactured home (single wide); One story; Faces southwest; Entry on one level
• Construction: Vinyl siding; Roof over; Crawlspace foundation; Building area about 927 square feet
• Exterior features: Storage; Paved road access

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Window treatments; 3 total rooms
• Laundry & utility: Washer; Electric dryer hookup; Laundry closet

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $60k.

Deal economics

• At list price, monthly cash flow is $684 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $60k).
• Recommended offer: $53k (12.0% below list) — sets the bar for market timing.
• Cap rate 20.0% vs local median 3.8% in Seminole — 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 88/100 on livability (#5 in FL, #174 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+.
• 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 flat; 207 active listings in the ZIP; 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $415 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 0.1% rent growth), your $17k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 241 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 12y ago; this cycle's ask has dropped $5k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $52,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 241 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 2.51% ✓
• Cap rate: 19.97%
• Cash-on-cash: 48.85%
• DSCR: 3.17
• GRM: 3.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.1% rent growth · sell at horizon

5-year hold

• IRR: 42.9%
• Equity multiple: 2.76×
• Total profit: $29,634
• Equity at exit: $8,946

10-year hold

• IRR: 47.5%
• Equity multiple: 4.91×
• Total profit: $65,647
• Equity at exit: $5,188

Cash invested: $16,800 (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 33772

• Rents YoY: 0.1%
• Active inventory: 207
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $1,509 medium
• Mortgage (P&I): −$315
• Tax from tax record: −$33 /mo · $401/yr
• Insurance: −$25
• HOA: −$135
• Vacancy / Maint / Mgmt: −$317
• Net cashflow: $684

Break-even live

Break-even rent $643

Max offer price $60,000

Occupancy floor 50%

Sensitivity live

Price	-10% $718	-5% $701	+0% $684	+5% $667	+10% $650
Rent	-10% $565	-5% $624	+0% $684	+5% $743	+10% $803
Rate	-1.0pp $714	-0.5pp $699	base $684	+0.5pp $668	+1.0pp $652

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: $15,000
• Closing costs: $1,800
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $135 · $1,620/yr
• Likely covers: water

Listing history 22 events

1. 2026-06-18
   days on market $60,000 Active 241 DOM
2. 2026-06-17
   days on market $60,000 Active 240 DOM
3. 2026-06-16
   days on market $60,000 Active 239 DOM
4. 2026-06-15
   days on market $60,000 Active 238 DOM
5. 2026-06-13
   days on market $60,000 Active 236 DOM
6. 2026-06-09
   days on market $60,000 Active 232 DOM
7. 2026-06-08
   days on market $60,000 Active 231 DOM
8. 2026-06-07
   days on market $60,000 Active 230 DOM
9. 2026-06-04
   days on market $60,000 Active 227 DOM
10. 2026-06-03
    days on market $60,000 Active 226 DOM
11. 2026-06-01
    days on market $60,000 Active 224 DOM
12. 2026-05-31
    days on market $60,000 Active 223 DOM
13. 2026-02-09
    price $60,000
14. 2025-11-11
    status Active
15. 2025-11-03
    status Pending
16. 2025-10-07
    listed $65,000 Active
17. 2023-01-30
    soldstatus $60,500 Closed 608-char remark

    Show marketing remark (608 chars)

    Whether it is seasonal living you desire, or the full time Florida lifestyle, this is the mobile home for you! This well-maintained home is being sold furnished and is truly turn-key. Fresh exterior paint, 2 car length carport, new water heater, HVAC replaced in 2015, and washer/dryer hook ups are just a few of the amazing perks to this property. This mobile home is land owned with a LOW $135 HOA monthly fee. Majestic Park is located in the heart of Seminole, close to restaurants, shopping and 10 minutes to the beautiful Gulf beaches. Reach out today to see this gem today, it is sure to sell quickly!

18. 2023-01-05
    status Pending 608-char remark

    Show marketing remark (608 chars)

    Whether it is seasonal living you desire, or the full time Florida lifestyle, this is the mobile home for you! This well-maintained home is being sold furnished and is truly turn-key. Fresh exterior paint, 2 car length carport, new water heater, HVAC replaced in 2015, and washer/dryer hook ups are just a few of the amazing perks to this property. This mobile home is land owned with a LOW $135 HOA monthly fee. Majestic Park is located in the heart of Seminole, close to restaurants, shopping and 10 minutes to the beautiful Gulf beaches. Reach out today to see this gem today, it is sure to sell quickly!

19. 2022-12-12
    listed $65,000 Active 608-char remark

    Show marketing remark (608 chars)

    Whether it is seasonal living you desire, or the full time Florida lifestyle, this is the mobile home for you! This well-maintained home is being sold furnished and is truly turn-key. Fresh exterior paint, 2 car length carport, new water heater, HVAC replaced in 2015, and washer/dryer hook ups are just a few of the amazing perks to this property. This mobile home is land owned with a LOW $135 HOA monthly fee. Majestic Park is located in the heart of Seminole, close to restaurants, shopping and 10 minutes to the beautiful Gulf beaches. Reach out today to see this gem today, it is sure to sell quickly!

20. 2014-11-19
    soldstatus $22,000 Sold 227-char remark

    Show marketing remark (227 chars)

    Beautiful single wide unit, located on Seminole Blvd. near stores, restaurants and only 15 to 20 minutes from the beach. Furnished with the essentials to make it a worry free vacation home. Only waiting for your personal touch.

21. 2014-11-03
    status Pending 227-char remark

    Show marketing remark (227 chars)

    Beautiful single wide unit, located on Seminole Blvd. near stores, restaurants and only 15 to 20 minutes from the beach. Furnished with the essentials to make it a worry free vacation home. Only waiting for your personal touch.

22. 2014-10-17
    listed $25,000 Active 227-char remark

    Show marketing remark (227 chars)

    Beautiful single wide unit, located on Seminole Blvd. near stores, restaurants and only 15 to 20 minutes from the beach. Furnished with the essentials to make it a worry free vacation home. Only waiting for your personal touch.

ⓘ 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: $401 · $33/mo
• Projected year-2 tax: $498 · $42/mo
• Expected delta: +$97/yr (+$8/mo · 24.3%)

ⓘ 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 · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,104
• − Mortgage interest: −$3,361
• − Property taxes: −$401
• − Insurance: −$300
• − Repairs & maintenance: −$1,448
• − Management: −$1,448
• − HOA: −$1,620
• − Depreciation: −$1,745
• Taxable income: $7,781
• Est. tax owed @ 24.0%: −$1,867
• After-tax cash flow: $6,339/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 — Seminole

• Score: 88/100
• State rank: #5
• US rank: #174

Category grades

Amenities A- Commute A+ Cost of living A- Crime B Employment B 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: 42,315
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 23,733
• Household income: $73,586
• Rent vs Own: 27.1% rent · 72.9% own
• Severe rent burden: 720.0

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 (84%)
• Race & ethnicity: White 84% Hispanic / Latino 8% Two or more races 7% Asian 3% Black 2%
• Hispanic origin (detail): Puerto Rican 2%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 3%
• Foreign-born: 10% · Canada, Vietnam, Jamaica
• Languages at home: 89% English-only · Spanish 5% Other Indo-European 1% 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: ▼ -485.84%
• Current HPI: 315.303
• Rent YoY: ▲ 0.10%
• 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

+140.0% since first listed

10 events — show timeline

• 2026-02-09 Price Changed $60,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-11 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-07 Listed $65,000 Stellar MLS as Distributed by MLS Grid
• 2023-01-30 Sold (MLS) $60,500 Stellar MLS as Distributed by MLS Grid
• 2023-01-05 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-12-12 Listed $65,000 Stellar MLS as Distributed by MLS Grid
• 2014-11-19 Sold (MLS) $22,000 Stellar MLS as Distributed by MLS Grid
• 2014-11-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-10-17 Listed $25,000 Stellar MLS as Distributed by MLS Grid

Property tax history

-2.9%/yr

Latest (2025): $401 · +11.1% YoY. Source: county tax records.