250 Rosery Rd NW #333 · Largo, FL 33770

$160,000

2 bd · 1.5 ba · 1,010 sqft · Condo public records · 210 Days on market

Built 1966 $191/mo HOA · 10% of rent

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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).

• Cash flow +19.0/30.0
• ARV discount +7.5/15.0
• 1% rule +6.6/10.0
• DSCR +6.0/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.6/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

"A Hidden Gem near the Beaches" This 1015 square ft. Condo is minutes from Indian Rocks Beach and Bellaire Beach. No where else can you get this size condo for HOA FEE'S at $180.00 Per month. Condo can easily be made into 3 bedroom. Just needs a little TLC. Electric Panel has been replaced prior to 2014, hot water heater has been replaced since 2014. A/C unit blows nice and cold and has been serviced. Unit is very close to Pool and Recreation center which features a work out area, Library and large entertainment area for gatherings. You also has a nice picnic area with shuffle board. Come and see this today unit will not last long.

Key facts

• Newer roof
• Florida room
• Double carport

Tags

• NEWER ROOF
• NEWER HVAC SYSTEM
• BRAND-NEW APPLIANCES
• FLORIDA ROOM
• DOUBLE CARPORT
• HEATED POOL

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $160k.

Deal economics

• At list price, monthly cash flow is $167 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $141k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.5% vs local median 4.2% in Largo — 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 82/100 on livability (#82 in FL, #1,240 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, 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.
• Market conditions: Rents falling (-3.5%/yr); 219 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 37% of the median local income ($60k/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 $5k 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 210 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 12y ago; this cycle's ask has dropped $60k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $85k; list at $160k implies a 88% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 210 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
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. 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 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: 1.16% ✓
• Cap rate: 7.55%
• Cash-on-cash: 4.47%
• DSCR: 1.20
• GRM: 7.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -13.2%
• Equity multiple: 0.54×
• Total profit: $-20,575
• Equity at exit: $23,857

10-year hold

• IRR: -10.8%
• Equity multiple: 0.45×
• Total profit: $-24,615
• Equity at exit: $13,834

Cash invested: $44,800 (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 33770

• Rents YoY: -3.5%
• Active inventory: 219
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,853 high
• Mortgage (P&I): −$839
• Tax est. 1.5%: −$200 /mo · $2,400/yr
• Insurance: −$67
• HOA: −$191
• Vacancy / Maint / Mgmt: −$389
• Net cashflow: $167

Break-even live

Break-even rent $1,641

Max offer price $160,000

Occupancy floor 86%

Sensitivity live

Price	-10% $278	-5% $222	+0% $167	+5% $112	+10% $56
Rent	-10% $21	-5% $94	+0% $167	+5% $240	+10% $313
Rate	-1.0pp $248	-0.5pp $208	base $167	+0.5pp $126	+1.0pp $83

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
250 Rosery Rd NW Largo, FL	1.0	1.0	672	$1,295	$1.93	3d	1	0.01mi
250 Rosery Rd NW #283 Largo, FL	2.0	1.0	764	$1,395	$1.83	21d	1	0.04mi
1030 Clearwater Largo Rd N Largo, FL	2.0	1.0	849	$1,875	$2.21	25d	1	0.33mi
811 Rosery Rd NW Largo, FL	1.0–3.0	1.0–3.0	1050	$2,538	$2.42	4d	20	0.36mi
821 14th Ave NW Largo, FL	3.0	1.0	900	$1,795	$1.99	25d	1	0.36mi
1006 14th Ave NW Largo, FL	3.0	2.0	1444	$2,450	$1.70	25d	1	0.45mi
833 Hall St Clearwater, FL	1.0	1.0	700	$1,350	$1.93	25d	1	0.48mi
833 Hall St Clearwater, FL	1.0	1.0	700	$1,350	$1.93	17d	1	0.48mi
1007 Hawkins St Unit A Clearwater, FL	2.0	1.0	784	$1,845	$2.35	25d	1	0.52mi
423 4th St NW Largo, FL	3.0	1.0	960	$1,500	$1.56	5d	1	0.54mi
428 4th St NW Largo, FL	2.0	1.0	850	$1,900	$2.24	25d	1	0.54mi
1321 Chesterfield Dr Unit 1018173P Clearwater, FL	3.0	2.0	1356	$3,967	$2.93	3d	1	0.57mi
556 Clearwater Largo Rd Unit 1 Largo, FL	2.0	1.0	750	$1,600	$2.13	3d	1	0.58mi
713 Smith St Clearwater, FL	1.0	1.0	814	$1,595	$1.96	4d	1	0.58mi
401 Rosery Rd NE Largo, FL	2.0	1.0–2.0	850	$1,879	$2.21	3d	31	0.60mi
605 4th Ave NW Largo, FL	1.0–2.0	1.0–2.0	1032	$2,350	$2.28	4d	6	0.64mi
1712 Belleair Forest Dr Unit D Belleair, FL	2.0	1.0	931	$1,495	$1.61	25d	1	0.64mi
1753 Belleair Forest Dr Unit D7 Belleair, FL	2.0	2.0	1068	$1,800	$1.69	25d	1	0.67mi
601 Rosery Rd NE Largo, FL	1.0–3.0	1.0–2.5	1192	$1,830	$1.54	2d	38	0.68mi
1128 Belleair Rd Unit Home Clearwater, FL	3.0	1.0	1326	$1,695	$1.28	25d	1	0.70mi
813 4th Ave NW Largo, FL	3.0	1.0	1295	$2,000	$1.54	19d	1	0.71mi
447 6th Ave NE Unit B Largo, FL	2.0	1.0	840	$1,650	$1.96	12d	1	0.73mi
264 Ridge Rd N Largo, FL	3.0	1.5	981	$2,400	$2.45	25d	1	0.73mi
1574 Ewing Ave Clearwater, FL	3.0	2.0	1324	$2,700	$2.04	5d	1	0.75mi
516 5th Ave NE Largo, FL	3.0	2.0	1073	$2,250	$2.10	16d	1	0.76mi
516 5th Ave NE Largo, FL	3.0	2.0	1057	$2,250	$2.13	25d	1	0.76mi
1310 Bayview Dr Clearwater, FL	3.0	2.0	1500	$3,300	$2.20	25d	1	0.77mi
158 Ridge Rd N Largo, FL	2.0	2.0	1155	$1,925	$1.67	25d	1	0.78mi
158 Ridge Rd N Largo, FL	2.0	2.0	1155	$1,925	$1.67	16d	1	0.78mi
158 Ridge Rd N Largo, FL	2.0	2.0	1155	$1,925	$1.67	23d	2	0.78mi
162 6th St NW Largo, FL	2.0	2.0	1230	$2,900	$2.36	5d	1	0.79mi
1632 Clearwater Largo Rd Clearwater, FL	3.0	1.0–2.0	961	$2,499	$2.60	3d	25	0.79mi
1571 S Myrtle Ave Clearwater, FL	3.0	2.0	1202	$2,400	$2.00	25d	1	0.79mi
1562 S Jefferson Ave Clearwater, FL	1.0	1.0	870	$1,250	$1.44	17d	1	0.81mi
1532 S Washington Ave Clearwater, FL	3.0	2.0	954	$1,500	$1.57	5d	1	0.84mi
1530 S Martin Luther King Jr Ave Clearwater, FL	3.0	2.0	1025	$1,995	$1.95	12d	1	0.86mi
1530 S Martin Luther King Jr Ave Clearwater, FL	3.0	2.0	1025	$1,950	$1.90	25d	1	0.86mi
1552 S Myrtle Ave Clearwater, FL	3.0	2.0	900	$1,950	$2.17	8d	1	0.87mi
1552 S Myrtle Ave Clearwater, FL	2.0	1.5	750	$1,750	$2.33	16d	1	0.87mi
705 3rd Ave NE Unit C Largo, FL	3.0	2.0	1113	$2,195	$1.97	4d	1	0.95mi

HOA detail condo

• Monthly dues: $191 · $2,292/yr
• Likely covers: waterelectricpool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 24 events

1. 2026-04-26
   status Pending
2. 2026-04-19
   price $160,000
3. 2026-04-18
   status Active
4. 2026-04-06
   status Pending
5. 2026-01-23
   price $175,000
6. 2026-01-18
   price $195,000
7. 2026-01-14
   status Active
8. 2026-01-13
   historical
9. 2025-11-05
   price $199,000
10. 2025-10-28
    price $210,000
11. 2025-10-08
    price $215,000
12. 2025-09-15
    listed $220,000 Active
13. 2019-11-15
    soldstatus $85,000
14. 2019-11-08
    soldstatus $85,000 Sold 651-char remark

    Show marketing remark (651 chars)

    "A Hidden Gem near the Beaches" This 1015 square ft. Condo is minutes from Indian Rocks Beach and Bellaire Beach. No where else can you get this size condo for HOA FEE'S at $180.00 Per month. Condo can easily be made into 3 bedroom. Just needs a little TLC. Electric Panel has been replaced prior to 2014, hot water heater has been replaced since 2014. A/C unit blows nice and cold and has been serviced. Unit is very close to Pool and Recreation center which features a work out area, Library and large entertainment area for gatherings. You also has a nice picnic area with shuffle board. Come and see this today unit will not last long.

15. 2019-10-31
    status Pending 651-char remark

    Show marketing remark (651 chars)

    "A Hidden Gem near the Beaches" This 1015 square ft. Condo is minutes from Indian Rocks Beach and Bellaire Beach. No where else can you get this size condo for HOA FEE'S at $180.00 Per month. Condo can easily be made into 3 bedroom. Just needs a little TLC. Electric Panel has been replaced prior to 2014, hot water heater has been replaced since 2014. A/C unit blows nice and cold and has been serviced. Unit is very close to Pool and Recreation center which features a work out area, Library and large entertainment area for gatherings. You also has a nice picnic area with shuffle board. Come and see this today unit will not last long.

16. 2019-10-28
    listed $89,900 Active 651-char remark

    Show marketing remark (651 chars)

    "A Hidden Gem near the Beaches" This 1015 square ft. Condo is minutes from Indian Rocks Beach and Bellaire Beach. No where else can you get this size condo for HOA FEE'S at $180.00 Per month. Condo can easily be made into 3 bedroom. Just needs a little TLC. Electric Panel has been replaced prior to 2014, hot water heater has been replaced since 2014. A/C unit blows nice and cold and has been serviced. Unit is very close to Pool and Recreation center which features a work out area, Library and large entertainment area for gatherings. You also has a nice picnic area with shuffle board. Come and see this today unit will not last long.

17. 2015-01-08
    soldstatus $58,900
18. 2014-11-20
    soldstatus $58,900 Sold 744-char remark

    Show marketing remark (744 chars)

    Totally updated little bungalow style condo in the heart of Largo. New flooring throughout, paint, cabinets and counter tops. This condo offers spacious rooms with 2 bed, 1.5 bath, large 2-car carport, sparkling heated community pool, shuffle boards and nice community center just steps away. Just minutes from the beach, Largo central park, library, restaurants, entertainment and the new up and coming shopping including a Walmart Super Center, TJ Maxx, Ross and LA Fitness. Monthly condo fee of $167 includes water, trash, sewer, lawn care and road maintenance. Owners are responsible for exterior maintenance of home. No leasing for the 1st year and new owners must be approved. Furniture will stay if wanted. Welcome and enjoy your visit!!

19. 2014-10-09
    status Pending 744-char remark

    Show marketing remark (744 chars)

    Totally updated little bungalow style condo in the heart of Largo. New flooring throughout, paint, cabinets and counter tops. This condo offers spacious rooms with 2 bed, 1.5 bath, large 2-car carport, sparkling heated community pool, shuffle boards and nice community center just steps away. Just minutes from the beach, Largo central park, library, restaurants, entertainment and the new up and coming shopping including a Walmart Super Center, TJ Maxx, Ross and LA Fitness. Monthly condo fee of $167 includes water, trash, sewer, lawn care and road maintenance. Owners are responsible for exterior maintenance of home. No leasing for the 1st year and new owners must be approved. Furniture will stay if wanted. Welcome and enjoy your visit!!

20. 2014-10-05
    historical Active with Contract 744-char remark

    Show marketing remark (744 chars)

    Totally updated little bungalow style condo in the heart of Largo. New flooring throughout, paint, cabinets and counter tops. This condo offers spacious rooms with 2 bed, 1.5 bath, large 2-car carport, sparkling heated community pool, shuffle boards and nice community center just steps away. Just minutes from the beach, Largo central park, library, restaurants, entertainment and the new up and coming shopping including a Walmart Super Center, TJ Maxx, Ross and LA Fitness. Monthly condo fee of $167 includes water, trash, sewer, lawn care and road maintenance. Owners are responsible for exterior maintenance of home. No leasing for the 1st year and new owners must be approved. Furniture will stay if wanted. Welcome and enjoy your visit!!

21. 2014-09-03
    listed $58,900 Active 744-char remark

    Show marketing remark (744 chars)

    Totally updated little bungalow style condo in the heart of Largo. New flooring throughout, paint, cabinets and counter tops. This condo offers spacious rooms with 2 bed, 1.5 bath, large 2-car carport, sparkling heated community pool, shuffle boards and nice community center just steps away. Just minutes from the beach, Largo central park, library, restaurants, entertainment and the new up and coming shopping including a Walmart Super Center, TJ Maxx, Ross and LA Fitness. Monthly condo fee of $167 includes water, trash, sewer, lawn care and road maintenance. Owners are responsible for exterior maintenance of home. No leasing for the 1st year and new owners must be approved. Furniture will stay if wanted. Welcome and enjoy your visit!!

22. 2014-07-18
    historical
23. 2014-07-08
    listed $58,000 Active
24. 1993-07-20
    soldstatus $33,000

ⓘ 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 ≥108°F today · 22 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: $22,234
• − Mortgage interest: −$8,962
• − Property taxes: −$2,400
• − Insurance: −$800
• − Repairs & maintenance: −$1,779
• − Management: −$1,779
• − HOA: −$2,292
• − Depreciation: −$4,655
• Taxable loss: −$433
• Est. tax savings @ 24.0%: +$104
• After-tax cash flow: $2,108/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 — Largo

• Score: 82/100
• State rank: #82
• US rank: #1240

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Largo, FL
• County: Pinellas County · 939,478 people
• City population: 106,311
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 25,368
• Household income: $59,815
• Rent vs Own: 38.3% rent · 61.7% own
• Severe rent burden: 1404.0

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 (75%)
• Race & ethnicity: White 75% Hispanic / Latino 11% Two or more races 9% Black 8% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3% Cuban 2%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 2%
• Foreign-born: 9% · Canada, Jamaica
• Languages at home: 89% English-only · Spanish 5% Other Indo-European 2% German/W. Germanic 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: ▼ -317.05%
• Current HPI: 353.8484
• Rent YoY: ▼ -3.47%
• 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

+384.8% since first listed

24 events — show timeline

• 2026-04-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-19 Price Changed $160,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-18 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-01-23 Price Changed $175,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-18 Price Changed $195,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-11-05 Price Changed $199,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-28 Price Changed $210,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-08 Price Changed $215,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-15 Listed $220,000 Stellar MLS as Distributed by MLS Grid
• 2019-11-15 Sold (Public Records) $85,000 Public Records
• 2019-11-08 Sold (MLS) $85,000 Stellar MLS as Distributed by MLS Grid
• 2019-10-31 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-10-28 Listed $89,900 Stellar MLS as Distributed by MLS Grid
• 2015-01-08 Sold (Public Records) $58,900 Public Records
• 2014-11-20 Sold (MLS) $58,900 Stellar MLS as Distributed by MLS Grid
• 2014-10-09 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-10-05 Contingent — Stellar MLS as Distributed by MLS Grid
• 2014-09-03 Listed $58,900 Stellar MLS as Distributed by MLS Grid
• 2014-07-18 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2014-07-08 Listed $58,000 Stellar MLS as Distributed by MLS Grid
• 1993-07-20 Sold (Public Records) $33,000 Public Records

Property tax history

-17.8%/yr

Latest (2025): $50 · -50.7% YoY. Source: county tax records.