9956 136th St · Seminole, FL 33776

$5,000

4 bd · 2.0 ba · 2,189 sqft · SingleFamily public records · 8 Days on market

Built 1968 9,148 sqft lot

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Why this score? — see what drove the F 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 +7.5/15.0
• Livability +4.4/5.0
• Schools +4.3/10.0
• Cash flow +3.1/30.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Foreclosure Auction Ends June 18, 2026 at 10:00 AM EST. Explore this charming 4-bedroom, 2-bath residence set in a peaceful and well-located Seminole community. The list price is the opening bid for the online auction. Sold As-is. Explore more details and submit your bid through Federa Home App.

Key facts

• 9,148 sq ft lot
• Built 1968
• Listed 7 days

Property features AI

Exterior

• Parking: Driveway; On-street parking
• Utilities: Water: other; Sewer: other
• Home design: Single-family residence; One level; Residential property; Zoned R-2
• Construction: Construction materials: see remarks
• Exterior features: Front porch; Other roof

Interior

• Flooring: Other
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating; No cooling
• Interior features: Other flooring; Total of 1 room

🔨 Auction listing. The $5,000 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $689,535 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $5k.

Deal economics

• At list price, monthly cash flow is $-2k ($-26k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $5k).
• Cap rate 2.5% vs local median 3.8% in Seminole — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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: 146 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $5k of loan paydown is wiped out by about $21k 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

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 7y 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 206.9% of price.
• 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 $5,000

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. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 0.47% ✗
• Cap rate: 2.46%
• Cash-on-cash: -13.69%
• DSCR: 0.39
• GRM: 17.7

CMA / ARV

• ARV (on-the-fly): $689,535
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10003 133rd St	0.32mi	4/1.5	2,213 (+1%)	1mo	$520,000	$235	80
13442 105th Ave	0.36mi	4/2.0	2,169 (-1%)	3mo	$655,000	$302	79
9760 136th St	0.13mi	3/2.0 (-1)	2,055 (-6%)	0mo	$600,000	$292	79
9840 W Bay St	0.26mi	4/2.5	2,093 (-4%)	4mo	$750,000	$358	75
14261 Passage Way	0.50mi	4/2.0	2,127 (-3%)	1mo	$775,000	$364	71
9622 Oakhurst Rd	0.36mi	4/2.0	1,969 (-10%)	0mo	$660,000	$335	66
10436 Silhavy Dr	0.55mi	5/3.0 (+1)	2,244 (+2%)	0mo	$804,000	$358	61
10711 Frances Ln	0.50mi	3/2.0 (-1)	2,036 (-7%)	4mo	$450,000	$221	57
10627 Yunker Dr	0.46mi	4/2.0	1,925 (-12%)	3mo	$605,000	$314	56
13402 Cordova Dr	0.45mi	4/2.0	1,946 (-11%)	6mo	$645,000	$331	55
13826 Antigua Dr	0.22mi	3/3.0 (-1)	1,867 (-15%)	3mo	$515,000	$276	54
14546 Anchorage Cir	0.66mi	4/3.0	2,493 (+14%)	3mo	$785,000	$315	39

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -42.1%
• Equity multiple: -0.31×
• Total profit: $-251,999
• Equity at exit: $102,812

10-year hold

• IRR: -71.4%
• Equity multiple: -1.07×
• Total profit: $-399,913
• Equity at exit: $59,618

Cash invested: $193,070 (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 33776

• Active inventory: 146
• Price-to-rent: 0.1×

Monthly cashflow live

• Estimated rent: $3,243 high
• Mortgage (P&I): −$3,616
• Tax est. 1.5%: −$862 /mo · $10,343/yr
• Insurance: −$287
• HOA: −$0
• Vacancy / Maint / Mgmt: −$681
• Net cashflow: $-2,203

Break-even live

Break-even rent $6,032

Max offer price $370,751

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: $172,384
• Closing costs: $20,686
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10075 West Bay St Seminole, FL	5.0	2.5	2043	$8,900	$4.36	24d	1	0.29mi
13964 106th Ave Largo, FL	3.0	2.0	2281	$3,500	$1.53	24d	1	0.45mi
9652 Commodore Dr Seminole, FL	3.0	2.0	1680	$2,800	$1.67	11d	1	0.60mi
14414 91st Ave Seminole, FL	3.0	2.5	2083	$8,000	$3.84	24d	1	0.84mi
9794 Indian Key Trl Unit 90 Seminole, FL	4.0	4.0	2174	$3,650	$1.68	24d	1	0.84mi
9614 Tara Cay Ct Seminole, FL	4.0	4.0	2100	$2,850	$1.36	20d	1	0.85mi
11290 142nd St Largo, FL	4.0	2.0	2268	$4,550	$2.01	4d	1	0.91mi
14623 Sunset Dr Largo, FL	3.0	2.0	1621	$2,545	$1.57	4d	1	1.00mi
13300 Walsingham Rd Largo, FL	1.0–4.0	1.0–2.0	1060	$2,575	$2.43	24d	1	1.03mi
14323 83rd Pl N Unit 1471180P Seminole, FL	4.0	3.0	2895	$13,452	$4.65	22d	1	1.18mi
12909 83rd Ave Seminole, FL	4.0	2.0	1478	$2,700	$1.83	22d	1	1.23mi
19646 Gulf Blvd #3 Indian Shores, FL	4.0	2.0	1600	$2,975	$1.86	24d	1	1.25mi
19505 Gulf Blvd #304 Indian Shores, FL	4.0	2.5	2388	$15,000	$6.28	4d	1	1.33mi
12731 82nd Ave Seminole, FL	4.0	2.0	1594	$3,395	$2.13	24d	1	1.38mi
11997 97th Ave Seminole, FL	3.0	2.0	1635	$2,700	$1.65	22d	1	1.42mi
11997 97th Ave Seminole, FL	3.0	2.0	1635	$2,700	$1.65	24d	1	1.42mi
8873 Tami St Seminole, FL	3.0	2.0	1898	$2,595	$1.37	8d	1	1.46mi
7672 140th St Unit NA Seminole, FL	4.0	3.5	2840	$4,700	$1.65	4d	1	1.48mi

Listing history 6 events

1. 2026-06-18
   days on market $5,000 Active 8 DOM
2. 2026-06-17
   days on market $5,000 Active 7 DOM
3. 2026-06-16
   days on market $5,000 Active 6 DOM
4. 2026-06-15
   days on market $5,000 Active 5 DOM
5. 2026-06-13
   remarks 296-char remark
6. 2026-06-13
   listed $5,000 Active 3 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 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 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $38,919
• − Mortgage interest: −$38,625
• − Property taxes: −$10,343
• − Insurance: −$3,448
• − Repairs & maintenance: −$3,114
• − Management: −$3,114
• − Depreciation: −$20,059
• Taxable loss: −$39,783
• Est. tax savings @ 24.0%: +$9,548
• After-tax cash flow: $-16,889/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

• City population: 42,315
• Population (ZIP): 12,711

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 7% Two or more races 7% Asian 2% Black 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Romanian 7% Lithuanian 3% Slovak 1%
• Foreign-born: 9% · Canada, Jamaica
• Languages at home: 89% English-only · Other Indo-European 4% Russian/Polish/Slavic 3% Spanish 2%

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: ▼ -455.42%
• Current HPI: 337.3149
• Rent YoY: —
• Metro: —
• 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

-97.1% since first listed

7 events — show timeline

• 2026-06-10 Listed $5,000 HAOR as distributed by MLS GRID
• 2024-06-07 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-06-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-06-06 Listed $259,000 Stellar MLS as Distributed by MLS Grid
• 2020-09-08 Listing Removed — HCAR
• 2019-09-12 Listed $315,555 HCAR
• 2002-01-03 Sold (Public Records) $173,000 Public Records

Property tax history

+0.6%/yr

Latest (2025): $2,730 · +5.5% YoY. Source: county tax records.