12673 Tannencrest Dr · Riverview, FL 33579

$359,999

4 bd · 2.0 ba · 1,848 sqft · SingleFamily public records · 20 Days on market

Built 2022 Good condition 8,174 sqft lot $8/mo HOA

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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 +7.5/30.0
• ARV discount +7.5/15.0
• Appreciation +4.3/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Condition / age +4.0/5.0
• 1% rule +3.5/10.0
• Rent growth +2.8/5.0
• DSCR +1.6/10.0

Listing remarks MLS

Nestled on an oversized CORNER LOT, this home offers both privacy and peace. This recently built Casa Fresca Valeria model home has “SMART HOME” features which will allow you to monitor the Google Cameras in the front and backyard of the house and control the thermostat and garage door remotely! The home’s fenced in backyard with a spacious, SCREENED LANAI is perfect for spending an afternoon outside. Other amenities include a full laundry room, built in Pest Control System, stainless steel appliances, granite countertops and 2 car garage. This 4 bed 2 bath home has an excellent, open floor plan making it great for both living and entertaining. Short walk to Dawson Elementary and the Triple Creek Community Center which includes a lap pool, family pool, fitness center, tennis court, pickleball court, dog park and more.

Key facts

• Oversized corner lot
• Smart home
• Screened lanai

Tags

• OVERSIZED CORNER LOT
• SMART HOME
• ROOMY WALK-IN PANTRY
• SCREENED LANAI
• FULLY FENCED BACKYARD
• FIRE PIT AREA

Property features AI

Finance

• Other: Association approval required; Annual other assessment listed
• Financial info: CDD present; Lease restrictions apply
• HOA & community: Triple Creek HOA (buyer approval required); Monthly HOA approximately $8.36, annual fee about $100.34; HOA covers common area taxes, pool, insurance, management and recreational facilities; Community amenities: clubhouse, fitness center, park, playground, pool, sidewalks, street lights; deed restrictions and fence restrictions apply; Pets allowed with number limits

Exterior

• Parking: Attached 2-car garage; Driveway; Garage door opener
• Utilities: Public sewer; Water connected; Electricity connected; Sewer connected; Water source listed as None
• Home design: Single-family residence; One story; West-facing; Entry level: One
• Construction: Stucco construction; Shingle roof; Slab foundation; Built by Casa Fresca (model: Valeria)
• Exterior features: Covered rear porch with screened porch; Porch; Sliding doors; Rain gutters; Sidewalk; Corner, level and paved lot; Vinyl fencing; Hurricane shutters; Irrigation equipment; Landscaped with trees

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Stone counters
• Bedrooms: 4 bedrooms (one-story home)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Open floorplan with kitchen/family room combo and living room/dining room combo; Split bedroom layout; Vaulted ceilings; Stone countertops; Thermostat; Pest guard system; Walk-in closets; Blinds
• Laundry & utility: Inside laundry room; Washer; Dryer; Electric water heater; Inside utility/Great Room/Inside Utility listed as additional rooms

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $360k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-449 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $281k (22.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $307k (14.7% below list).
• Recommended offer: $281k (22.0% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 79/100 on livability (#134 in FL, #2,000 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, employment 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: Warren Hope Dawson Elementary (math 43% / reading 48%, grade D-, #1,247 of 2,144 statewide, top 59%, 948 students, 41% FRL); Jule F Sumner High School (math 43% / reading 43%, grade F, #255 of 667 statewide, top 39%, 3,827 students, 43% FRL).
• Market conditions: Rents rising (+1.2%/yr); 457 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• This rent runs 32% of the median local income ($116k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-1.4%/yr); year-one equity from $2k of loan paydown is wiped out by about $5k 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 20 days — a 2% lower offer ($355k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y 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

• Watch-outs: property tax is 2.8% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $280,650 (22.0% below list)

Questions for the listing agent

1. 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?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
7. 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.
8. 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.
9. 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: 0.85% ✗
• Cap rate: 4.80%
• Cash-on-cash: -5.35%
• DSCR: 0.76
• GRM: 9.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-1.42% appreciation · 1.18% rent growth · sell at horizon

5-year hold

• IRR: -16.6%
• Equity multiple: 0.33×
• Total profit: $-67,741
• Equity at exit: $79,680

10-year hold

• IRR: -12.1%
• Equity multiple: 0.07×
• Total profit: $-94,064
• Equity at exit: $77,663

Cash invested: $100,800 (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 33579

• Home prices YoY: -0.6%
• Rents YoY: 1.2%
• Active inventory: 457
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $3,072 high
• Mortgage (P&I): −$1,888
• Tax from tax record: −$830 /mo · $9,958/yr
• Insurance: −$150
• HOA: −$8
• Vacancy / Maint / Mgmt: −$645
• Net cashflow: $-449

Break-even live

Break-even rent $3,640

Max offer price $280,650

Occupancy floor —

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: $90,000
• Closing costs: $10,800
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12737 Tannencrest Dr Riverview, FL	5.0	3.0	2470	$3,350	$1.36	18d	1	0.06mi
12892 Tannencrest Dr Riverview, FL	5.0	3.0	2530	$2,931	$1.16	17d	1	0.28mi
13204 Great Plains Dr Riverview, FL	4.0	2.0	1935	$2,990	$1.55	5d	1	0.38mi
13037 Pennybrook Dr Riverview, FL	4.0	2.5	2301	$2,900	$1.26	24d	1	0.47mi
12525 Lovers Ln Riverview, FL	4.0	2.0	1344	$1,650	$1.23	24d	1	0.48mi
12377 Streambed Dr Riverview, FL	4.0	2.5	2414	$2,800	$1.16	24d	1	0.51mi
12330 Streambed Dr Riverview, FL	4.0	3.0	2357	$3,300	$1.40	5d	1	0.58mi
13144 Peachleaf Ave Riverview, FL	4.0	2.0	1850	$2,995	$1.62	5d	1	0.62mi
13009 Majestic Garden Ln Riverview, FL	3.0	2.0	1561	$2,800	$1.79	24d	1	0.64mi
12111 Anderson Dr Riverview, FL	3.0	2.0	1298	$2,400	$1.85	24d	1	0.66mi
12544 Shining Willow St Riverview, FL	4.0	3.0	2035	$3,000	$1.47	3d	1	0.71mi
12967 Wildflower Meadow Dr Riverview, FL	4.0	2.0	1935	$2,400	$1.24	24d	1	0.72mi
12964 Wildflower Meadow Dr Riverview, FL	4.0	2.0	1935	$2,300	$1.19	20d	1	0.74mi
12964 Wildflower Meadow Dr Riverview, FL	4.0	2.0	1935	$2,300	$1.19	5d	1	0.74mi
13337 Woodworth Way Riverview, FL	4.0	2.5	1920	$2,850	$1.48	18d	1	0.74mi
12109 Night Jasmine Cv Riverview, FL	4.0	3.0	2364	$3,150	$1.33	10d	1	0.91mi
11927 Streambed Dr Riverview, FL	3.0	2.5	2320	$3,100	$1.34	5d	1	0.92mi
13185 Green Violet Dr Riverview, FL	4.0	3.0	1908	$2,459	$1.29	5d	1	1.04mi
12036 Cardinal Flower Dr Riverview, FL	4.0	2.5	2542	$2,590	$1.02	12d	1	1.11mi
13316 Palmera Vista Dr Riverview, FL	3.0	2.5	2497	$3,200	$1.28	20d	1	1.23mi
13316 Palmera Vista Dr Riverview, FL	3.0	2.5	2497	$3,200	$1.28	24d	1	1.23mi

HOA detail

• Monthly dues: $8 · $96/yr
• Likely covers: poolgym

Listing history 24 events

1. 2026-06-10
   status $359,999 Pending 20 DOM
2. 2026-06-09
   days on market $359,999 Active 20 DOM
3. 2026-06-08
   days on market $359,999 Active 19 DOM
4. 2026-06-07
   days on market $359,999 Active 18 DOM
5. 2026-06-04
   days on market $359,999 Active 15 DOM
6. 2026-06-03
   days on market $359,999 Active 14 DOM
7. 2026-06-02
   days on market $359,999 Active 13 DOM
8. 2026-06-01
   days on market $359,999 Active 12 DOM
9. 2026-05-31
   days on market $359,999 Active 11 DOM
10. 2026-05-20
    listed $359,999 Active
11. 2024-08-07
    soldstatus $380,000 Closed 848-char remark

    Show marketing remark (848 chars)

    Nestled on an oversized CORNER LOT, this home offers both privacy and peace. This recently built Casa Fresca Valeria model home has “SMART HOME” features which will allow you to monitor the Google Cameras in the front and backyard of the house and control the thermostat and garage door remotely! The home’s fenced in backyard with a spacious, SCREENED LANAI is perfect for spending an afternoon outside. Other amenities include a full laundry room, built in Pest Control System, stainless steel appliances, granite countertops and 2 car garage. This 4 bed 2 bath home has an excellent, open floor plan making it great for both living and entertaining. Short walk to Dawson Elementary and the Triple Creek Community Center which includes a lap pool, family pool, fitness center, tennis court, pickleball court, dog park and more.

12. 2024-08-07
    soldstatus $380,000

    Show marketing remark (848 chars)

    Nestled on an oversized CORNER LOT, this home offers both privacy and peace. This recently built Casa Fresca Valeria model home has “SMART HOME” features which will allow you to monitor the Google Cameras in the front and backyard of the house and control the thermostat and garage door remotely! The home’s fenced in backyard with a spacious, SCREENED LANAI is perfect for spending an afternoon outside. Other amenities include a full laundry room, built in Pest Control System, stainless steel appliances, granite countertops and 2 car garage. This 4 bed 2 bath home has an excellent, open floor plan making it great for both living and entertaining. Short walk to Dawson Elementary and the Triple Creek Community Center which includes a lap pool, family pool, fitness center, tennis court, pickleball court, dog park and more.

13. 2024-06-26
    status Pending 848-char remark

    Show marketing remark (848 chars)

    Nestled on an oversized CORNER LOT, this home offers both privacy and peace. This recently built Casa Fresca Valeria model home has “SMART HOME” features which will allow you to monitor the Google Cameras in the front and backyard of the house and control the thermostat and garage door remotely! The home’s fenced in backyard with a spacious, SCREENED LANAI is perfect for spending an afternoon outside. Other amenities include a full laundry room, built in Pest Control System, stainless steel appliances, granite countertops and 2 car garage. This 4 bed 2 bath home has an excellent, open floor plan making it great for both living and entertaining. Short walk to Dawson Elementary and the Triple Creek Community Center which includes a lap pool, family pool, fitness center, tennis court, pickleball court, dog park and more.

14. 2024-06-11
    price $380,000 848-char remark

    Show marketing remark (848 chars)

    Nestled on an oversized CORNER LOT, this home offers both privacy and peace. This recently built Casa Fresca Valeria model home has “SMART HOME” features which will allow you to monitor the Google Cameras in the front and backyard of the house and control the thermostat and garage door remotely! The home’s fenced in backyard with a spacious, SCREENED LANAI is perfect for spending an afternoon outside. Other amenities include a full laundry room, built in Pest Control System, stainless steel appliances, granite countertops and 2 car garage. This 4 bed 2 bath home has an excellent, open floor plan making it great for both living and entertaining. Short walk to Dawson Elementary and the Triple Creek Community Center which includes a lap pool, family pool, fitness center, tennis court, pickleball court, dog park and more.

15. 2024-06-07
    price $390,000 848-char remark

    Show marketing remark (848 chars)

    Nestled on an oversized CORNER LOT, this home offers both privacy and peace. This recently built Casa Fresca Valeria model home has “SMART HOME” features which will allow you to monitor the Google Cameras in the front and backyard of the house and control the thermostat and garage door remotely! The home’s fenced in backyard with a spacious, SCREENED LANAI is perfect for spending an afternoon outside. Other amenities include a full laundry room, built in Pest Control System, stainless steel appliances, granite countertops and 2 car garage. This 4 bed 2 bath home has an excellent, open floor plan making it great for both living and entertaining. Short walk to Dawson Elementary and the Triple Creek Community Center which includes a lap pool, family pool, fitness center, tennis court, pickleball court, dog park and more.

16. 2024-05-20
    listed $398,000 Active 848-char remark

    Show marketing remark (848 chars)

    Nestled on an oversized CORNER LOT, this home offers both privacy and peace. This recently built Casa Fresca Valeria model home has “SMART HOME” features which will allow you to monitor the Google Cameras in the front and backyard of the house and control the thermostat and garage door remotely! The home’s fenced in backyard with a spacious, SCREENED LANAI is perfect for spending an afternoon outside. Other amenities include a full laundry room, built in Pest Control System, stainless steel appliances, granite countertops and 2 car garage. This 4 bed 2 bath home has an excellent, open floor plan making it great for both living and entertaining. Short walk to Dawson Elementary and the Triple Creek Community Center which includes a lap pool, family pool, fitness center, tennis court, pickleball court, dog park and more.

17. 2024-05-04
    price $399,000
18. 2024-03-19
    listed $410,000 Active
19. 2022-12-15
    soldstatus $370,000 Closed
20. 2022-11-08
    status Pending
21. 2022-10-14
    price $409,745
22. 2022-09-06
    price $421,990
23. 2022-08-25
    listed $425,990 Active
24. 2022-01-07
    soldstatus $7,832,234

ⓘ 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: $9,958 · $830/mo
• Projected year-2 tax: $9,958 · $830/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 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 26 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: $36,858
• − Mortgage interest: −$20,166
• − Property taxes: −$9,958
• − Insurance: −$1,800
• − Repairs & maintenance: −$2,949
• − Management: −$2,949
• − HOA: −$96
• − Depreciation: −$10,473
• Taxable loss: −$11,531
• Est. tax savings @ 24.0%: +$2,767
• After-tax cash flow: $-2,623/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

Good 80/100 Cosmetic rehab

This move-in-ready home in Triple Creek offers a spacious floor plan and a well-maintained exterior, making it an attractive option for buyers and renters alike.

Value-add opportunities

• Resale Paint exterior trim — Fresh paint enhances curb appeal and home value.
• Resale Clean gutters — Clean gutters improve home's appearance and prevent water damage.
• Both Install smart home security system — Enhances home security and adds modern amenities for both buyers and renters.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior trim — Fresh paint enhances curb appeal and home value. ↑
• Resale Clean gutters — Clean gutters improve home's appearance and prevent water damage. ↑
• Both Install smart home security system — Enhances home security and adds modern amenities for both buyers and renters. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Riverview

• Score: 79/100
• State rank: #134
• US rank: #2000

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Riverview, FL
• County: Hillsborough County · 1,540,968 people
• City population: 137,988
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 49,470
• Household income: $116,134
• Rent vs Own: 16.5% rent · 83.5% own
• Severe rent burden: 258.0

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: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: White 42% Hispanic / Latino 25% Black 24% Two or more races 19% Asian 5%
• Hispanic origin (detail): Mexican 3% Puerto Rican 12% Cuban 3% Dominican 1%
• Common ancestry: Hispanic 1% British 1% Romanian 1%
• Foreign-born: 17% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 19% Other Indo-European 2% French/Haitian/Cajun 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: ▼ -1.42%
• Current HPI: 240.5825
• Rent YoY: ▲ 1.18%
• 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

-95.4% since first listed

15 events — show timeline

• 2026-05-20 Listed $359,999 Stellar MLS as Distributed by MLS Grid
• 2024-08-07 Sold (Public Records) $380,000 Public Records
• 2024-08-07 Sold (MLS) $380,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-06-11 Price Changed $380,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-07 Price Changed $390,000 Stellar MLS as Distributed by MLS Grid
• 2024-05-20 Listed $398,000 Stellar MLS as Distributed by MLS Grid
• 2024-05-04 Price Changed $399,000 Stellar MLS as Distributed by MLS Grid
• 2024-03-19 Listed $410,000 Stellar MLS as Distributed by MLS Grid
• 2022-12-15 Sold (MLS) $370,000 Stellar MLS as Distributed by MLS Grid
• 2022-11-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-10-14 Price Changed $409,745 Stellar MLS as Distributed by MLS Grid
• 2022-09-06 Price Changed $421,990 Stellar MLS as Distributed by MLS Grid
• 2022-08-25 Listed $425,990 Stellar MLS as Distributed by MLS Grid
• 2022-01-07 Sold (Public Records) $7,832,234 Public Records

Property tax history

+35.5%/yr

Latest (2025): $9,958 · +6.6% YoY. Source: county tax records.