3301 Alt 19 #162 · Palm Harbor, FL 34698

$215,000

2 bd · 2.0 ba · 1,080 sqft · SingleFamily · 180 Days on market

Built 1979 350 sqft lot $160/mo HOA · 8% of rent

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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 +11.9/30.0
• ARV discount +7.5/15.0
• 1% rule +4.4/10.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• DSCR +3.5/10.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

The location at the Westwinds II 55+ community is spectacular. Bike to Dunedin Causeway, Honeymoon Island, shopping, and downtown Dunedin. Not to mention, this neighborhood is right off the Pinellas Trail! Can't beat it for the best that Florida has to offer. Move in ready. As you tour this home, you will find plenty of space in this triple wide mobile home. Enjoy large living room, dining area with cabinets, kitchen with dishwasher, newer microwave (2020), pantry, water filtration, and tile countertops. Very spacious Master bedroom with en-suite bathroom with extra large shower and walk in closet. The second spacious bedroom also has a walk in closet. Inside laundry. AS A BONUS, this 2 bedroom 2 bath furnished home also has extra air conditioned living space of approximately 408 square feet! Owners have recently enclosed the porch that can be used as an office, sitting room, or what ever you need it to be. PLUS, there is also extended space for inside storage. Newer paint about 2 years ago, new water heater (2021), and roof over done in 2019. Inground sprinkler system, security system, and 2 separate AC units! Relax with your morning coffee in your newer screened in covered porch (2020) overlooking your very PRIVATE backyard for quiet solitude. Very low HOA fees of $135 per month! Perfect for snowbirds or if you are making Florida your permanent home See it today, before it is gone!

Key facts

• Updated cabinets
• Community pool
• Non flood zone

Tags

• NON FLOOD ZONE
• LARGE NEW PAVER BACK PATIO
• LIFETIME WARRANTY ON ROOF
• UPDATED CABINETS
• ATTACHED SCREENED LANAI
• COMMUNITY POOL

Property features AI

Finance

• Other: Partially furnished
• Financial info: Total monthly fees: $160; Total annual fees: $1,920; Lease restrictions apply
• HOA & community: Has HOA (monthly fee $160); Association approval required; Association amenities: Clubhouse, Fitness Center, Pool, Recreational Facilities; Community features: Buyer approval required, Clubhouse, Fitness Center, Golf carts allowed, No Truck/RV/Motorcycle parking, Pool, Sidewalks, Street lights; Senior community; Pets not allowed

Exterior

• Parking: Has carport (1 space)
• Utilities: Private sewer; Water available and connected; Electricity available and connected; Cable available; Phone available; BB/HS Internet available; Underground utilities
• Home design: Manufactured double-wide home; Single-story; Faces south; Entry level: One
• Construction: Metal siding; Metal roof; Pillar/Post/Pier foundation
• Exterior features: Rain gutters; Asphalt road access

Interior

• Kitchen: Dishwasher; Microwave; Range
• Bedrooms: 2 bedrooms
• Flooring: Hardwood
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Open floorplan; Seven total rooms
• Laundry & utility: Laundry: Other; Electric water heater

🏷️ Possibly a rental listed for sale. The $215,000 price doesn't fit this home's estimated sale value (~$476,766) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-54 ($-645/yr) — negative.
• To cash-flow at today's rent, offer at most $207k (3.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $202k (6.3% below list).
• Recommended offer: $189k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.0% vs local median 3.1% in Palm Harbor — 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 81/100 on livability (#95 in FL, #1,470 nationally) — a professional / high-income tenant draw. Strengths: housing A+, commute A, crime A-; Watch: amenities F.
• 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.
• Zoned schools: Ozona Elementary School (math 73% / reading 66%, grade A-, #364 of 2,144 statewide, top 19%, 762 students, 31% FRL); Palm Harbor Middle School (math 59% / reading 57%, grade B, #151 of 571 statewide, top 27%, 1,080 students, 37% FRL); Palm Harbor University High (math 54% / reading 72%, grade B-, #89 of 667 statewide, top 14%, 2,474 students, 26% FRL) — zoned schools average 31% FRL vs 48% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 64% at this address vs 51% district-wide (+12 pts) — the actual schools serving this property are materially stronger than the Pinellas average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+2.7%/yr); 482 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• This rent runs 33% of the median local income ($74k/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 $1k of loan paydown is wiped out by about $6k 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

• It's been on market 180 days — a 12% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
• 2 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.
• Current owner paid $151k; 42% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $189,200 (12.0% 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. It's been on market 180 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-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?
8. 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?
9. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
10. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
11. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
12. 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.
13. 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.
14. 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: 0.94% ✗
• Cap rate: 5.99%
• Cash-on-cash: -1.07%
• DSCR: 0.95
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $476,766
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
515 Daventry Sq	0.17mi	2/2.0	1,160 (+7%)	23mo	$310,000	$267	61
300 Sweetgum Ct	0.50mi	2/2.0	1,220 (+13%)	1mo	$399,000	$327	54
203 Lagoon Dr	0.56mi	3/2.0 (+1)	1,204 (+12%)	16mo	$600,000	$498	36

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 · 2.69% rent growth · sell at horizon

5-year hold

• IRR: -18.4%
• Equity multiple: 0.36×
• Total profit: $-38,760
• Equity at exit: $32,057

10-year hold

• IRR: -11.3%
• Equity multiple: 0.33×
• Total profit: $-40,191
• Equity at exit: $18,589

Cash invested: $60,200 (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 34698

• Rents YoY: 2.7%
• Active inventory: 482
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,015 high
• Mortgage (P&I): −$1,127
• Tax est. 1.5%: −$269 /mo · $3,225/yr
• Insurance: −$90
• HOA: −$160
• Vacancy / Maint / Mgmt: −$423
• Net cashflow: $-54

Break-even live

Break-even rent $2,083

Max offer price $207,224

Occupancy floor 98%

Sensitivity live

Price	-10% $95	-5% $21	+0% $-54	+5% $-128	+10% $-202
Rent	-10% $-213	-5% $-133	+0% $-54	+5% $26	+10% $105
Rate	-1.0pp $55	-0.5pp $1	base $-54	+0.5pp $-109	+1.0pp $-166

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3301 U.S. 19 Alternate #611 Palm Harbor, FL	2.0	2.0	944	$1,700	$1.80	0d	1	0.03mi
795 1st St Unit 181 Palm Harbor, FL	2.0	2.0	1400	$1,750	$1.25	19d	1	0.29mi
333 Lagoon Dr Unit 5 Palm Harbor, FL	2.0	1.0	811	$1,550	$1.91	19d	1	0.45mi
2700 Bayshore Blvd Dunedin, FL	1.0–3.0	1.0–2.5	1114	$2,772	$2.49	0d	6	0.55mi
Bayshore Blvd Palm Harbor, FL	1.0	1.0	700	$1,325	$1.89	26d	1	0.58mi
1450 Mahogany Ln Palm Harbor, FL	2.0	2.0	1353	$2,300	$1.70	26d	1	0.61mi
1697 Nantucket Ct Palm Harbor, FL	1.0–3.0	1.0–3.0	997	$1,835	$1.84	0d	24	0.64mi
182 Margie St Palm Harbor, FL	2.0	1.0	800	$1,495	$1.87	26d	1	0.66mi
444 N Paula Dr Dunedin, FL	1.0–2.0	1.0–2.0	750	$1,770	$2.36	4d	9	0.76mi
2651 Michael Pl #104 Dunedin, FL	2.0	2.0	1230	$2,100	$1.71	5d	1	0.81mi
455 Alt 19 S #123 Palm Harbor, FL	2.0	2.0	898	$1,700	$1.89	26d	1	0.81mi
455 Alt 19 S #214 Palm Harbor, FL	1.0	1.0	705	$1,650	$2.34	26d	1	0.81mi
455 Alt 19 S #87 Palm Harbor, FL	2.0	2.0	898	$1,600	$1.78	26d	1	0.81mi
455 Alt 19 S #54 Palm Harbor, FL	2.0	2.0	898	$1,600	$1.78	6d	1	0.81mi
455 Alt 19 S #65 Palm Harbor, FL	1.0	1.0	705	$1,425	$2.02	26d	1	0.81mi
464 N Paula Dr Dunedin, FL	1.0	1.0	704	$2,125	$3.02	19d	2	0.84mi
464 N Paula Dr Dunedin, FL	1.0	1.0	704	$2,225	$3.16	6d	1	0.84mi
300 Woodette Dr Unit 404B Dunedin, FL	2.0	2.0	1180	$2,975	$2.52	6d	1	0.99mi
300 Woodette Dr #303 Dunedin, FL	1.0	1.0	720	$2,100	$2.92	4d	1	0.99mi
300 Woodette Dr Unit 605A Dunedin, FL	2.0	2.0	1375	$2,300	$1.67	26d	1	0.99mi
2494 Del Rio Way Dunedin, FL	3.0	1.5	1058	$3,200	$3.02	26d	1	1.00mi
439 S Paula Dr Dunedin, FL	1.0–2.0	1.0	612	$1,995	$3.26	25d	3	1.01mi
2489 Del Rio Way Dunedin, FL	2.0	2.0	1250	$2,500	$2.00	26d	1	1.02mi
433 S Paula Dr #17 Dunedin, FL	2.0	2.5	1290	$2,300	$1.78	9d	1	1.04mi
2491 Coronado Way Dunedin, FL	3.0	2.0	1346	$2,950	$2.19	6d	1	1.04mi
2233 Snead Ave Dunedin, FL	3.0	2.0	1284	$3,000	$2.34	26d	1	1.11mi
2233 Snead Ave Dunedin, FL	3.0	2.0	1284	$3,000	$2.34	18d	1	1.11mi
1328 Illinois Ave Palm Harbor, FL	2.0	1.5	1000	$1,700	$1.70	26d	1	1.17mi

HOA detail

• Monthly dues: $160 · $1,920/yr
• Likely covers: watersecurity

Listing history 18 events

1. 2026-06-22
   days on market $215,000 Active 180 DOM
2. 2026-06-18
   days on market $215,000 Active 177 DOM
3. 2026-06-17
   days on market $215,000 Active 176 DOM
4. 2026-06-16
   days on market $215,000 Active 175 DOM
5. 2026-06-15
   days on market $215,000 Active 174 DOM
6. 2026-06-13
   days on market $215,000 Active 172 DOM
7. 2026-06-09
   days on market $215,000 Active 168 DOM
8. 2026-06-08
   days on market $215,000 Active 167 DOM
9. 2026-06-07
   days on market $215,000 Active 166 DOM
10. 2026-06-04
    days on market $215,000 Active 163 DOM
11. 2026-06-03
    pricedays on market $215,000 Active 162 DOM
12. 2026-06-01
    days on market $219,000 Active 160 DOM
13. 2026-05-31
    days on market $219,000 Active 159 DOM
14. 2026-02-17
    price $219,000
15. 2025-12-23
    listed $224,000 Active
16. 2022-04-12
    soldstatus $151,000 Closed 1418-char remark

    Show marketing remark (1418 chars)

    The location at the Westwinds II 55+ community is spectacular. Bike to Dunedin Causeway, Honeymoon Island, shopping, and downtown Dunedin. Not to mention, this neighborhood is right off the Pinellas Trail! Can't beat it for the best that Florida has to offer. Move in ready. As you tour this home, you will find plenty of space in this triple wide mobile home. Enjoy large living room, dining area with cabinets, kitchen with dishwasher, newer microwave (2020), pantry, water filtration, and tile countertops. Very spacious Master bedroom with en-suite bathroom with extra large shower and walk in closet. The second spacious bedroom also has a walk in closet. Inside laundry. AS A BONUS, this 2 bedroom 2 bath furnished home also has extra air conditioned living space of approximately 408 square feet! Owners have recently enclosed the porch that can be used as an office, sitting room, or what ever you need it to be. PLUS, there is also extended space for inside storage. Newer paint about 2 years ago, new water heater (2021), and roof over done in 2019. Inground sprinkler system, security system, and 2 separate AC units! Relax with your morning coffee in your newer screened in covered porch (2020) overlooking your very PRIVATE backyard for quiet solitude. Very low HOA fees of $135 per month! Perfect for snowbirds or if you are making Florida your permanent home See it today, before it is gone!

17. 2022-03-29
    status Pending 1418-char remark

    Show marketing remark (1418 chars)

    The location at the Westwinds II 55+ community is spectacular. Bike to Dunedin Causeway, Honeymoon Island, shopping, and downtown Dunedin. Not to mention, this neighborhood is right off the Pinellas Trail! Can't beat it for the best that Florida has to offer. Move in ready. As you tour this home, you will find plenty of space in this triple wide mobile home. Enjoy large living room, dining area with cabinets, kitchen with dishwasher, newer microwave (2020), pantry, water filtration, and tile countertops. Very spacious Master bedroom with en-suite bathroom with extra large shower and walk in closet. The second spacious bedroom also has a walk in closet. Inside laundry. AS A BONUS, this 2 bedroom 2 bath furnished home also has extra air conditioned living space of approximately 408 square feet! Owners have recently enclosed the porch that can be used as an office, sitting room, or what ever you need it to be. PLUS, there is also extended space for inside storage. Newer paint about 2 years ago, new water heater (2021), and roof over done in 2019. Inground sprinkler system, security system, and 2 separate AC units! Relax with your morning coffee in your newer screened in covered porch (2020) overlooking your very PRIVATE backyard for quiet solitude. Very low HOA fees of $135 per month! Perfect for snowbirds or if you are making Florida your permanent home See it today, before it is gone!

18. 2022-03-28
    listed $155,000 Active 1418-char remark

    Show marketing remark (1418 chars)

    The location at the Westwinds II 55+ community is spectacular. Bike to Dunedin Causeway, Honeymoon Island, shopping, and downtown Dunedin. Not to mention, this neighborhood is right off the Pinellas Trail! Can't beat it for the best that Florida has to offer. Move in ready. As you tour this home, you will find plenty of space in this triple wide mobile home. Enjoy large living room, dining area with cabinets, kitchen with dishwasher, newer microwave (2020), pantry, water filtration, and tile countertops. Very spacious Master bedroom with en-suite bathroom with extra large shower and walk in closet. The second spacious bedroom also has a walk in closet. Inside laundry. AS A BONUS, this 2 bedroom 2 bath furnished home also has extra air conditioned living space of approximately 408 square feet! Owners have recently enclosed the porch that can be used as an office, sitting room, or what ever you need it to be. PLUS, there is also extended space for inside storage. Newer paint about 2 years ago, new water heater (2021), and roof over done in 2019. Inground sprinkler system, security system, and 2 separate AC units! Relax with your morning coffee in your newer screened in covered porch (2020) overlooking your very PRIVATE backyard for quiet solitude. Very low HOA fees of $135 per month! Perfect for snowbirds or if you are making Florida your permanent home See it today, before it is gone!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $24,183
• − Mortgage interest: −$12,043
• − Property taxes: −$3,225
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,935
• − Management: −$1,935
• − HOA: −$1,920
• − Depreciation: −$6,255
• Taxable loss: −$4,204
• Est. tax savings @ 24.0%: +$1,009
• After-tax cash flow: $364/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 — Palm Harbor

• Score: 81/100
• State rank: #95
• US rank: #1470

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Harbor, FL
• County: Pinellas County · 939,478 people
• City population: 79,072
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 38,171
• Household income: $74,078
• Rent vs Own: 26.6% rent · 73.4% own
• Severe rent burden: 1390.0

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 (83%)
• Race & ethnicity: White 83% Two or more races 7% Hispanic / Latino 6% Black 5% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Lithuanian 4% Slovak 3% Romanian 3%
• Foreign-born: 8% · Canada, South Korea
• Languages at home: 92% English-only · Spanish 3% Other Indo-European 2% 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: ▼ -515.66%
• Current HPI: 387.4694
• Rent YoY: ▲ 2.69%
• 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

+41.3% since first listed

5 events — show timeline

• 2026-02-17 Price Changed $219,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-23 Listed $224,000 Stellar MLS as Distributed by MLS Grid
• 2022-04-12 Sold (MLS) $151,000 Stellar MLS as Distributed by MLS Grid
• 2022-03-29 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-03-28 Listed $155,000 Stellar MLS as Distributed by MLS Grid