4446 Rustic Dr Unit E · 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 2/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 27 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 C- 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 +14.6/15.0
- Cash flow +12.3/30.0
- 1% rule +7.5/10.0
- Condition / age +4.0/5.0
- DSCR +3.9/10.0
- Schools +3.5/10.0
- Livability +3.3/5.0
- Rent growth +2.7/5.0
- Appreciation +0.0/10.0
$89,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
NEWLY REMODELED 2 BEDROOM, 1 BATH CONDO IN THE HIGHLY DESIRABLE GATED 55+ COMMUNITY OF GARDENS OF BEACON SQUARE! Enjoy the Florida lifestyle in this beautifully updated home featuring an open and spacious floor plan, plus a bonus Florida room with a large walk-in closet—perfect for added living space or a home office. The updated eat-in kitchen offers new appliances, solid surface countertops, and new lower cabinets. Additional upgrades include new laminate flooring throughout, new interior doors, and fresh paint. The home features a large master bedroom with direct access to the Florida room, along with a split-bedroom layout for added privacy.
Key facts
- Gated community
- Florida room
- Scenic pond view
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath condo listed at $89k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-486 ($-6k/yr) — negative.
- To cash-flow at today's rent, offer at most $19k (79.0% below list).
- Meets the 1% rule at list price ($2k rent vs $89k).
- Recommended offer: $19k (79.0% below list) — sets the bar for cash-flow.
- Cap rate 5.5% vs local median 3.4% 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; 725 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 53d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% 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).
- This rent runs 33% of the median local income ($57k/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 $615 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 86 days — a 6% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; HOA is 44% 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 7→27/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 86 days. Have you received any prior offers? Is the seller open to a 79% concession, seller financing, or rate buy-down credit?
- Built in 1972 — 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?
- 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
- 1.78% ✓
- Cap rate
- 5.49%
- Cash-on-cash
- -2.87%
- DSCR
- 0.87
- GRM
- 4.7
CMA / ARV
- ARV (median comp)
- $105,635
- List price
- $89,000
- Delta
- -15.75%
- 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 |
|---|---|---|---|---|---|---|---|
| 4235 Stratford Dr Unit NA | 0.07mi | 2/1.0 | 975 (0%) | 0mo | $47,000 | $48 | 97 |
| 4467 Rustic Dr | 0.04mi | 2/2.0 | 1,050 (+8%) | 0mo | $70,000 | $67 | 81 |
| 4450 Sunstate Dr #4450 | 0.05mi | 2/2.0 | 1,050 (+8%) | 0mo | $66,000 | $63 | 80 |
| 4041 Valencia Dr | 0.55mi | 2/1.0 | 975 (0%) | 0mo | $212,500 | $218 | 74 |
| 3542 Connon Dr | 0.90mi | 2/1.0 | 976 (+0%) | 0mo | $210,000 | $215 | 65 |
| 4392 Craftsbury Dr | 0.29mi | 2/1.5 | 1,218 (+25%) | 0mo | $192,000 | $158 | 59 |
| 3523 Berkshire St | 1.02mi | 2/1.5 | 1,004 (+3%) | 1mo | $206,000 | $205 | 58 |
| 4325 Newbury Dr | 0.35mi | 3/1.5 (+1) | 1,150 (+18%) | 0mo | $190,000 | $165 | 51 |
| 3838 Lanyard Ct | 0.59mi | 2/2.0 | 1,144 (+17%) | 0mo | $85,000 | $74 | 43 |
| 4130 Oakfield Ave | 0.89mi | 3/1.5 (+1) | 1,080 (+11%) | 0mo | $174,900 | $162 | 40 |
| 5208 Cicero Dr | 1.17mi | 2/2.0 | 1,104 (+13%) | 0mo | $235,000 | $213 | 39 |
| 5134 Allamanda Dr | 1.34mi | 2/1.5 | 1,210 (+24%) | 0mo | $155,000 | $128 | 38 |
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
- -79.6%
- Equity multiple
- -0.94×
- Total profit
- $-48,226
- Equity at exit
- $13,270
- IRR
- —
- Equity multiple
- -2.73×
- Total profit
- $-92,896
- Equity at exit
- $7,695
Cash invested: $24,920 (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
Active competition Active MLS
- For sale now
- 12 active · 2 under contract
- Median asking
- $107,900 ($110/sqft)
- Median days on market
- 112 d
- This list price
- 42% of active listings are priced below it
- ARV vs active asking
- -1.6% 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
- 725
- Price-to-rent
- 4.7×
Monthly cashflow live
- Estimated rent
- $1,584 high interval (Pro) →
- Mortgage (P&I)
- −$467
- Tax est. 1.5%
- −$111 /mo · $1,335/yr
- Insurance
- −$37
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$696
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$333
- Net cashflow
- $-486
Break-even live
Sensitivity live
| Price | -10% $-425 | -5% $-455 | +0% $-486 | +5% $-517 | +10% $-548 |
|---|---|---|---|---|---|
| Rent | -10% $-611 | -5% $-549 | +0% $-486 | +5% $-424 | +10% $-361 |
| Rate | -1.0pp $-441 | -0.5pp $-464 | base $-486 | +0.5pp $-509 | +1.0pp $-533 |
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
- $22,250
- Closing costs
- $2,670
- 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 |
|---|---|---|---|---|---|---|---|---|
| 4408 Rustic Dr New Port Richey, FL | 2.0 | 1.0 | 1101 | $1,500 | $1.36 | 73d | 1 | 0.10mi |
| 4411 Rustic Dr Unit 1 New Port Richey, FL | 2.0 | 2.0 | 1050 | $1,450 | $1.38 | 62d | 1 | 0.13mi |
| 4347 Rustic Dr New Port Richey, FL | 2.0 | 1.0 | 975 | $1,195 | $1.23 | 16d | 1 | 0.16mi |
| 4211 Stratford Dr Unit 4211 New Port Richey, FL | 2.0 | 2.0 | 1080 | $1,500 | $1.39 | 46d | 1 | 0.16mi |
| 4221 Touchton Pl New Port Richey, FL | 2.0 | 2.0 | 888 | $1,300 | $1.46 | 73d | 1 | 0.19mi |
| 4223 Sheldon Pl #23 New Port Richey, FL | 2.0 | 2.0 | 888 | $1,800 | $2.03 | 30d | 1 | 0.19mi |
| 4209 Touchton Pl New Port Richey, FL | 1.0 | 1.0 | 624 | $1,295 | $2.08 | 38d | 1 | 0.21mi |
| 4122 Hampton Dr New Port Richey, FL | 2.0 | 2.0 | 1050 | $1,795 | $1.71 | 48d | 1 | 0.26mi |
| 4632 Salvia St New Port Richey, FL | 2.0 | 1.0 | 932 | $1,600 | $1.72 | 25d | 1 | 0.42mi |
| 4739 Trouble Creek Rd Unit 4739 New Port Richey, FL | 1.0 | 1.0 | 650 | $1,500 | $2.31 | 26d | 1 | 0.43mi |
| 4540 Irene Loop New Port Richey, FL | 2.0 | 1.0 | 768 | $1,550 | $2.02 | 73d | 1 | 0.44mi |
| 4721 Naftis Ln New Port Richey, FL | 3.0 | 2.0 | 1104 | $1,700 | $1.54 | 62d | 1 | 0.45mi |
| 4811 Drift Tide Dr New Port Richey, FL | 2.0 | 1.0 | 1088 | $1,245 | $1.14 | 15d | 1 | 0.48mi |
| 4616 Irene Loop New Port Richey, FL | 2.0 | 1.0 | 898 | $1,600 | $1.78 | 69d | 1 | 0.49mi |
| 4852 Pompano Dr New Port Richey, FL | 2.0 | 2.0 | 1104 | $2,900 | $2.63 | 73d | 1 | 0.52mi |
| 4124 Flamingo Dr New Port Richey, FL | 3.0 | 1.0 | 744 | $1,500 | $2.02 | 53d | 1 | 0.56mi |
| 4124 Flamingo Dr New Port Richey, FL | 3.0 | 1.0 | 744 | $1,500 | $2.02 | 64d | 1 | 0.56mi |
| 4133 Grayton Dr New Port Richey, FL | 2.0 | 1.5 | 1068 | $1,727 | $1.62 | 54d | 1 | 0.56mi |
| 4314 Pinefield Ave Holiday, FL | 2.0 | 2.0 | 1003 | $1,650 | $1.65 | 26d | 1 | 0.70mi |
| 5020 Vickers Dr New Port Richey, FL | 2.0 | 1.0 | 863 | $1,495 | $1.73 | 48d | 1 | 0.71mi |
| 4436 Floramar Ter New Port Richey, FL | 2.0 | 1.5 | 890 | $2,295 | $2.58 | 54d | 1 | 0.77mi |
| 4430 Floramar Ter New Port Richey, FL | 2.0 | 1.5 | 1094 | $2,500 | $2.29 | 52d | 1 | 0.77mi |
| 4939 Floramar Ter New Port Richey, FL | 2.0 | 2.0 | 1050 | $1,675 | $1.60 | 73d | 2 | 0.77mi |
| 4939 Floramar Ter New Port Richey, FL | 2.0 | 2.0 | 1050 | $1,600 | $1.52 | 51d | 2 | 0.77mi |
| 4939 Floramar Ter New Port Richey, FL | 2.0 | 2.0 | 1050 | $1,600 | $1.52 | 37d | 2 | 0.77mi |
| 4939 Floramar Ter #904 New Port Richey, FL | 2.0 | 2.0 | 1050 | $1,700 | $1.62 | 37d | 1 | 0.78mi |
| 4548 Belfast Dr New Port Richey, FL | 3.0 | 1.0 | 1075 | $1,575 | $1.47 | 67d | 1 | 0.79mi |
| 4834 Salem Dr New Port Richey, FL | 2.0 | 1.0 | 864 | $1,400 | $1.62 | 48d | 1 | 0.81mi |
| 3814 Linkwood St New Port Richey, FL | 3.0 | 1.0 | 1104 | $1,625 | $1.47 | 8d | 1 | 0.84mi |
| 5111 Amulet Dr Apt 105B Port Richey, FL | 2.0 | 2.0 | 1104 | $1,400 | $1.27 | 21d | 1 | 0.87mi |
| 5111 Amulet Dr Apt 105B Port Richey, FL | 2.0 | 2.0 | 1104 | $1,300 | $1.18 | 10d | 1 | 0.87mi |
| 4754 Marine Pkwy Unit 102-I New Port Richey, FL | 2.0 | 2.0 | 1088 | $1,500 | $1.38 | 73d | 1 | 0.89mi |
| 4518 Audrey Ln Unit 4551 New Port Richey, FL | 2.0 | 1.0 | 750 | $1,295 | $1.73 | 71d | 1 | 0.89mi |
| 4518 Audrey Ln New Port Richey, FL | 2.0 | 1.0 | 750 | $1,295 | $1.73 | 41d | 1 | 0.89mi |
| 4529 Audrey Ln New Port Richey, FL | 2.0 | 1.0 | 750 | $1,295 | $1.73 | 71d | 1 | 0.90mi |
| 5197 Silent Loop New Port Richey, FL | 2.0 | 2.0 | 956 | $2,200 | $2.30 | 53d | 1 | 0.90mi |
| 5197 Silent Loop #124 New Port Richey, FL | 2.0 | 2.0 | 956 | $2,200 | $2.30 | 73d | 1 | 0.90mi |
| 3528 Latimer St New Port Richey, FL | 2.0 | 1.5 | 816 | $1,475 | $1.81 | 42d | 1 | 0.90mi |
| 4854 Marine Pkwy #103 New Port Richey, FL | 1.0 | 2.0 | 1088 | $1,500 | $1.38 | 73d | 1 | 0.90mi |
| 5132 Amulet Dr #107 New Port Richey, FL | 1.0 | 1.0 | 928 | $1,295 | $1.40 | 42d | 1 | 0.91mi |
Property features AI
Finance
- Other
- Property subtype: CondominiumZoning: MF1Irrigation equipmentFurnished
- Financial info
- Total annual fees: $8,352Lease restrictions apply
- HOA & community
- HOA (CONDO ASSOCIATES) — $696 monthlyAssociation fees include cable TV, pool, insurance, internet, recreational facilities, security, sewer, trash and waterAssociation approval requiredAssociation recreation (lease), clubhouse, deed restrictions, pool, sidewalks, street lightsSenior communityPets not allowed
Exterior
- Parking
- Carport (1 space)
- Security
- Community security included
- Utilities
- Public waterPublic sewerCable availableBB/HS internet availableElectricity connectedUnderground utilitiesSewer connected
- Home design
- Residential condominiumOne storyFaces west
- Construction
- Block and concrete constructionShingle roofSlab foundationBuilt as part of building number 4446
- Exterior features
- LightingPrivate mailboxRain guttersSidewalksPond view
Interior
- Kitchen
- DishwasherMicrowaveRangeRefrigerator
- Bedrooms
- 2 bedrooms
- Flooring
- Ceramic tileLaminate
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Electric heatingCentral air conditioning
- Interior features
- Ceiling fansEat-in kitchenLiving room/dining room comboOpen floorplanSplit bedroom layout6 total rooms
- Laundry & utility
- Laundry inside
HOA detail $696/mo · $8,352/yr condo
- Likely covers
- security
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-08days on market $89,000 Active 86 DOM
-
2026-08-06days on market $89,000 Active 84 DOM
-
2026-08-05days on market $89,000 Active 83 DOM
-
2026-08-04days on market $89,000 Active 82 DOM
-
2026-08-03days on market $89,000 Active 81 DOM
-
2026-07-31days on market $89,000 Active 78 DOM
-
2026-07-30days on market $89,000 Active 76 DOM
-
2026-07-28days on market $89,000 Active 75 DOM
-
2026-07-26days on market $89,000 Active 73 DOM
-
2026-07-24days on market $89,000 Active 71 DOM
-
2026-07-23days on market $89,000 Active 70 DOM
-
2026-07-22days on market $89,000 Active 69 DOM
-
2026-07-21days on market $89,000 Active 68 DOM
-
2026-07-20days on market $89,000 Active 67 DOM
-
2026-07-18days on market $89,000 Active 64 DOM
-
2026-07-16days on market $89,000 Active 63 DOM
-
2026-07-15days on market $89,000 Active 62 DOM
-
2026-07-13days on market $89,000 Active 60 DOM
-
2026-07-13days on market $89,000 Active 59 DOM
-
2026-07-11days on market $89,000 Active 58 DOM
-
2026-07-10days on market $89,000 Active 57 DOM
-
2026-07-09days on market $89,000 Active 56 DOM
-
2026-07-07days on market $89,000 Active 54 DOM
-
2026-07-06days on market $89,000 Active 53 DOM
-
2026-07-06days on market $89,000 Active 52 DOM
-
2026-07-05days on market $89,000 Active 51 DOM
-
2026-07-03days on market $89,000 Active 50 DOM
-
2026-07-02days on market $89,000 Active 49 DOM
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2026-07-01days on market $89,000 Active 48 DOM
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2026-06-30days on market $89,000 Active 47 DOM
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2026-06-29days on market $89,000 Active 46 DOM
-
2026-06-28days on market $89,000 Active 45 DOM
-
2026-06-27days on market $89,000 Active 44 DOM
-
2026-06-26days on market $89,000 Active 43 DOM
-
2026-06-24days on market $89,000 Active 41 DOM
-
2026-06-22days on market $89,000 Active 39 DOM
-
2026-06-22days on market $89,000 Active 38 DOM
-
2026-06-18days on market $89,000 Active 35 DOM
-
2026-06-17days on market $89,000 Active 34 DOM
-
2026-06-16days on market $89,000 Active 33 DOM
-
2026-06-15days on market $89,000 Active 32 DOM
-
2026-06-13days on market $89,000 Active 30 DOM
-
2026-06-09days on market $89,000 Active 26 DOM
-
2026-06-08days on market $89,000 Active 25 DOM
-
2026-06-07days on market $89,000 Active 24 DOM
-
2026-06-04days on market $89,000 Active 21 DOM
-
2026-06-03days on market $89,000 Active 20 DOM
-
2026-06-02days on market $89,000 Active 19 DOM
-
2026-06-01days on market $89,000 Active 18 DOM
-
2026-05-31days on market $89,000 Active 17 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 2/10 Low
- Heat 10/10 Extreme 7 d/yr ≥109°F today · 27 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
- $19,009
- − Mortgage interest
- −$4,985
- − Property taxes
- −$1,335
- − Insurance
- −$5,564
- − Repairs & maintenance
- −$1,521
- − Management
- −$1,521
- − HOA
- −$8,352
- − Depreciation
- −$2,589
- Taxable loss
- −$6,857
- Est. tax savings @ 24.0%
- +$1,646
- After-tax cash flow
- $-4,188/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 newly remodeled 2-bedroom, 1-bath condo in Beacon Square is in excellent condition with fresh paint, new appliances, and updated fixtures. It offers a spacious floor plan and a bonus Florida room with a large walk-in closet. The property is move-in ready and has a good curb appeal.
Value-add opportunities
- Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
- Both Landscaping and curb appeal improvements — Aesthetic improvements can attract more buyers and renters ↑
- Both Replace ceiling fans with energy-efficient models — Energy-efficient fans can reduce utility costs and improve comfort ↑
- Both Install smart home devices for energy efficiency and convenience — Smart home devices can increase property value and attract tech-savvy buyers ↑
ⓘ 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
1 event — show timeline
- 2026-05-14 Listed $89,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…