7755 Pine Trace Dr #7755 · Sarasota, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 30 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 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).
- ARV discount +14.7/15.0
- Schools +5.1/10.0
- Cash flow +5.0/30.0
- Livability +4.0/5.0
- Condition / age +4.0/5.0
- 1% rule +2.9/10.0
- Rent growth +1.5/5.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$349,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Back on Market! Buyer did not qualify! Find the joy of living in a single-family home with all the benefits of the condominium lifestyle. Your partially furnished home awaits you in the highly sought after neighborhood of Palm Aire Country Club. This is the only home in Pine Trace that has been on the market in the last year that does not backup to a road. Additionally, this three bedroom, two bath will afford you maintenance-free living. The roof was replaced in 2022 and the exterior is freshly painted. The water heater is new. This home is priced to consider the 12 year old AC and the decorating touches you need to add. The pool heater does not work and is not warranted. Enjoy the screened in, in-ground, private splash pool. And if you choose to join the Palm Aire Country Club, the club house is only a short walk away. Paver bricks adorn the driveway, walkway, garage, lanai, and pool deck. This properly is close to so much shopping and dining near UTC and is just a short drive to downtown and our beautiful beaches.
Key facts
- Extensively updated
- Steam room
- Modern kitchen
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $349k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-827 ($-10k/yr) — negative.
- To cash-flow at today's rent, offer at most $229k (34.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $275k (21.2% below list).
- Recommended offer: $229k (34.3% below list) — sets the bar for cash-flow.
- Cap rate 3.4% vs local median 1.9% in Sarasota — 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 80/100 on livability (#121 in FL, #1,854 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, health & safety A+, commute A; Watch: crime F.
- Manatee (suburban): math 54% / reading 50% proficiency, ranked #26 of 73 in FL (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Marjorie G. Kinnan Elementary School (math 60% / reading 49%, grade C, #892 of 2,144 statewide, top 44%, 516 students, 73% FRL); Braden River Middle School (math 54% / reading 47%, grade C, #246 of 571 statewide, top 44%, 810 students, 58% FRL); Braden River High School (math 44% / reading 52%, grade D, #201 of 667 statewide, top 30%, 1,774 students, 45% FRL).
- Market conditions: Rents falling (-4.1%/yr); 475 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 119d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
- This rent runs 41% of the median local income ($81k/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 $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
- Manatee County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 108 days — a 9% lower offer ($318k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 3y ago; this cycle's ask has dropped $31k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 21% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→30/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 108 days. Have you received any prior offers? Is the seller open to a 34% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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 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?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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?
- 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 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
- 0.79% ✗
- Cap rate
- 3.45%
- Cash-on-cash
- -10.16%
- DSCR
- 0.55
- GRM
- 10.6
CMA / ARV
- ARV (median comp)
- $415,696
- List price
- $349,000
- Delta
- -16.04%
- 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 |
|---|---|---|---|---|---|---|---|
| 7845 Pine Trace Dr | 0.20mi | 2/2.0 (-1) | 1,649 (+3%) | 3mo | $325,000 | $197 | 79 |
| 5519 Palm Aire Dr | 0.30mi | 2/2.0 (-1) | 1,632 (+2%) | 2mo | $312,000 | $191 | 76 |
| 7340 Golf Pointe Cir | 0.51mi | 3/2.0 | 1,561 (-3%) | 5mo | $400,000 | $256 | 67 |
| 7623 Whitebridge Gln | 0.58mi | 2/2.0 (-1) | 1,609 (+0%) | 5mo | $444,000 | $276 | 64 |
| 5612 Palm Aire Dr | 0.28mi | 2/2.0 (-1) | 1,369 (-15%) | 1mo | $310,000 | $226 | 57 |
| 7146 Lakeside Dr | 0.73mi | 2/2.0 (-1) | 1,577 (-2%) | 2mo | $296,715 | $188 | 56 |
| 5604 Doral Dr | 0.67mi | 2/2.0 (-1) | 1,672 (+4%) | 2mo | $312,000 | $187 | 55 |
| 7608 Whitebridge Gln | 0.58mi | 2/2.0 (-1) | 1,464 (-9%) | 1mo | $460,000 | $314 | 53 |
| 7628 Whitebridge Gln | 0.54mi | 2/2.0 (-1) | 1,468 (-8%) | 5mo | $388,500 | $265 | 52 |
| 7909 Hampton Ct | 0.65mi | 3/2.0 | 1,762 (+10%) | 4mo | $485,000 | $275 | 50 |
| 6417 Addington Pl | 0.72mi | 2/2.0 (-1) | 1,707 (+6%) | 5mo | $535,000 | $313 | 46 |
| 8219 Timber Lake Ln | 0.66mi | 2/2.0 (-1) | 1,454 (-9%) | 3mo | $389,000 | $268 | 46 |
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 · 0.0% rent growth · sell at horizon
- IRR
- -39.0%
- Equity multiple
- -0.20×
- Total profit
- $-116,894
- Equity at exit
- $52,037
- IRR
- -90.8%
- Equity multiple
- -1.04×
- Total profit
- $-199,149
- Equity at exit
- $30,175
Cash invested: $97,720 (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
- 22 active · 25 under contract
- Months of supply
- 4.1 mo (24%/mo absorbed)
- Median asking
- $409,950 ($253/sqft)
- Median days on market
- 75 d
- This list price
- 27% of active listings are priced below it
- ARV vs active asking
- +2.2% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34243
- Home prices YoY
- -23.0%
- Rents YoY
- -4.1%
- Active inventory
- 475
- Price-to-rent
- 10.6×
Monthly cashflow live
- Estimated rent
- $2,752 high interval (Pro) →
- Mortgage (P&I)
- −$1,830
- Tax est. 1.5%
- −$436 /mo · $5,235/yr
- Insurance
- −$145
- HOA
- −$589
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$578
- Net cashflow
- $-827
Break-even live
Sensitivity live
| Price | -10% $-586 | -5% $-707 | +0% $-827 | +5% $-948 | +10% $-1,068 |
|---|---|---|---|---|---|
| Rent | -10% $-1,045 | -5% $-936 | +0% $-827 | +5% $-718 | +10% $-610 |
| Rate | -1.0pp $-651 | -0.5pp $-738 | base $-827 | +0.5pp $-918 | +1.0pp $-1,010 |
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
- $87,250
- Closing costs
- $10,470
- 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 |
|---|---|---|---|---|---|---|---|---|
| 7557 Fairlinks Ct Sarasota, FL | 3.0 | 2.0 | 1782 | $7,000 | $3.93 | 119d | 1 | 0.29mi |
| 6110 Country Club Way #201 Sarasota, FL | 2.0 | 2.0 | 1400 | $2,500 | $1.79 | 9d | 1 | 0.30mi |
| 6120 Country Club Way #207 Sarasota, FL | 2.0 | 2.0 | 1400 | $1,950 | $1.39 | 119d | 1 | 0.31mi |
| 5753 Avista Dr Sarasota, FL | 2.0 | 2.0 | 1212 | $4,000 | $3.30 | 65d | 1 | 0.35mi |
| 7858 Eagle Creek Dr #7442 Sarasota, FL | 2.0 | 2.0 | 1100 | $1,650 | $1.50 | 9d | 1 | 0.36mi |
| 5409 Palm Aire Dr Sarasota, FL | 3.0 | 2.0 | 2098 | $6,000 | $2.86 | 4d | 1 | 0.37mi |
| 5769 Avista Dr #5769 Sarasota, FL | 2.0 | 2.0 | 1212 | $1,950 | $1.61 | 119d | 1 | 0.40mi |
| 5217 Canterbury Dr Sarasota, FL | 3.0 | 2.0 | 2146 | $2,800 | $1.30 | 119d | 1 | 0.45mi |
| 7911 Whitebridge Gln University Park, FL | 2.0 | 2.0 | 1721 | $6,500 | $3.78 | 119d | 1 | 0.50mi |
| 7725 Whitebridge Gln University Park, FL | 2.0 | 2.0 | 1344 | $5,250 | $3.91 | 119d | 1 | 0.54mi |
| 7711 Whitebridge Gln University Park, FL | 2.0 | 2.0 | 1609 | $2,500 | $1.55 | 119d | 1 | 0.54mi |
| 5640 Golf Pointe Dr #101 Sarasota, FL | 3.0 | 2.0 | 1529 | $2,250 | $1.47 | 98d | 1 | 0.56mi |
| 5829 Fairwoods Cir Sarasota, FL | 3.0 | 3.0 | 1999 | $3,500 | $1.75 | 116d | 1 | 0.58mi |
| 5581 Golf Pointe Dr Sarasota, FL | 2.0 | 2.0 | 2154 | $2,600 | $1.21 | 119d | 1 | 0.60mi |
| 5008 Medalist Rd Sarasota, FL | 3.0 | 2.0 | 1824 | $2,700 | $1.48 | 9d | 1 | 0.61mi |
| 8204 Villa Grande Ct Sarasota, FL | 3.0 | 2.5 | 2121 | $3,200 | $1.51 | 111d | 1 | 0.64mi |
| 5761 Avista Dr Unit 5761 Sarasota, FL | 2.0 | 2.0 | 1284 | $4,000 | $3.12 | 119d | 1 | 0.64mi |
| 7405 W Country Club Dr N #104 Sarasota, FL | 3.0 | 2.0 | 1444 | $3,200 | $2.22 | 119d | 1 | 0.65mi |
| 7452 W Country Club Dr N Unit 1546435P Sarasota, FL | 2.0 | 2.0 | 1173 | $2,742 | $2.34 | 107d | 1 | 0.65mi |
| 7186 Lakeside Dr Sarasota, FL | 3.0 | 2.0 | 1518 | $2,750 | $1.81 | 111d | 1 | 0.67mi |
| 5924 Clubside Dr Sarasota, FL | 2.0 | 2.0 | 1380 | $2,500 | $1.81 | 119d | 1 | 0.67mi |
| 5905 Doral Dr Sarasota, FL | 2.0 | 2.0 | 1298 | $2,400 | $1.85 | 119d | 1 | 0.67mi |
| 7351 W Country Club Dr N #202 Sarasota, FL | 2.0 | 2.0 | 1118 | $4,300 | $3.85 | 119d | 1 | 0.68mi |
| 6041 Clubside Dr Unit 6041 Sarasota, FL | 2.0 | 2.0 | 1380 | $2,950 | $2.14 | 119d | 1 | 0.69mi |
| 6281 Timber Lake Dr Unit H6 Sarasota, FL | 2.0 | 2.0 | 1312 | $4,850 | $3.70 | 81d | 1 | 0.69mi |
| 8128 Villa Grande Ct Sarasota, FL | 3.0 | 2.5 | 1818 | $3,190 | $1.75 | 115d | 1 | 0.70mi |
| 8119 Villa Grande Ct Unit Available Sarasota, FL | 3.0 | 2.5 | 2120 | $2,600 | $1.23 | 119d | 1 | 0.72mi |
| 8119 Villa Grande Ct Sarasota, FL | 3.0 | 2.5 | 2121 | $2,600 | $1.23 | 9d | 1 | 0.72mi |
| 6191 Timber Lake Dr Unit A6 Sarasota, FL | 2.0 | 2.0 | 1178 | $1,600 | $1.36 | 119d | 1 | 0.74mi |
| 4936 Linsey Ct Sarasota, FL | 3.0 | 2.0 | 1489 | $2,700 | $1.81 | 73d | 1 | 0.75mi |
| 6211 Timber Lake Dr Unit B9 Sarasota, FL | 2.0 | 2.0 | 1274 | $1,750 | $1.37 | 119d | 1 | 0.77mi |
| 6211 Timber Lake Dr Unit B9 Sarasota, FL | 2.0 | 2.0 | 1274 | $1,950 | $1.53 | 87d | 1 | 0.77mi |
| 5735 Gardens Dr Unit 5735 Sarasota, FL | 2.0 | 1.0 | 1068 | $2,000 | $1.87 | 119d | 1 | 0.78mi |
| 5662 Gardens Dr #104 Sarasota, FL | 2.0 | 2.0 | 1068 | $1,950 | $1.83 | 119d | 1 | 0.79mi |
| 7251 W Country Club Dr N #226 Sarasota, FL | 2.0 | 2.0 | 1118 | $2,000 | $1.79 | 119d | 1 | 0.80mi |
| 5793 Gardens Dr Sarasota, FL | 2.0 | 1.5 | 1080 | $1,900 | $1.76 | 7d | 1 | 0.80mi |
| 6104 Turnbury Park Dr Sarasota, FL | 1.0–3.0 | 1.0–2.0 | 1065 | $2,199 | $2.06 | 0d | 36 | 0.87mi |
| 6960 Stetson Street Cir Sarasota, FL | 3.0 | 2.0 | 1944 | $3,450 | $1.77 | 119d | 1 | 0.90mi |
| 7093 Fairway Bend Ln Sarasota, FL | 2.0 | 2.0 | 1756 | $4,600 | $2.62 | 119d | 1 | 0.91mi |
| 7887 Lockwood Ridge Rd Sarasota, FL | 1.0–3.0 | 1.0–2.0 | 1020 | $2,609 | $2.56 | 2d | 22 | 0.95mi |
Property features AI
Finance
- Other
- FurnishedAssociation fee term: Monthly
- Financial info
- Total annual fees: $7,068Monthly condo fee: $589Lease restrictions apply
- HOA & community
- HOA (Caitlyn) with monthly condo fee of $589Association requires approvalAssociation fees cover cable TV, insurance, maintenance (structure and grounds), management, escrow reserves, and private roadDeed restrictionsPets allowed (with number limit)
Exterior
- Parking
- Covered parkingDrivewayAttached garage with garage door opener2-car garage
- Security
- Security system
- Utilities
- Public waterPublic sewerElectricity connectedCable connectedWater connectedSewer connected
- Home design
- Residential villaOne storySouth-facing
- Construction
- Block and stucco constructionShingle roofSlab foundationBuilt as a villa
- Exterior features
- Covered patioRear screened porchPatioExterior lightingSliding doorsTrees and landscaped groundsPaved lot
Interior
- Kitchen
- CooktopRangeMicrowaveDishwasherRefrigeratorSolid surface counters
- Bedrooms
- 3 bedrooms
- Flooring
- CarpetCeramic tile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingHeat pumpCentral air conditioning
- Interior features
- Cathedral ceilingsCeiling fansHigh ceilingsKitchen and family room comboLiving room and dining room comboSolid surface countersSplit bedroom floor planVaulted ceilingsWalk-in closetsWindow treatmentsSkylightsBlinds
- Laundry & utility
- Interior laundry roomWasherDryer
HOA detail $589/mo · $7,068/yr
- Likely covers
- waterpool
Listing history 50 events
-
2026-08-10days on market $349,000 Active 108 DOM
-
2026-08-09days on market $349,000 Active 107 DOM
-
2026-08-08days on market $349,000 Active 106 DOM
-
2026-08-07days on market $349,000 Active 105 DOM
-
2026-08-06days on market $349,000 Active 104 DOM
-
2026-08-05days on market $349,000 Active 103 DOM
-
2026-08-04days on market $349,000 Active 102 DOM
-
2026-08-03days on market $349,000 Active 101 DOM
-
2026-07-31days on market $349,000 Active 98 DOM
-
2026-07-30days on market $349,000 Active 96 DOM
-
2026-07-28days on market $349,000 Active 95 DOM
-
2026-07-24days on market $349,000 Active 91 DOM
-
2026-07-23days on market $349,000 Active 90 DOM
-
2026-07-22price $349,000 Active 89 DOM
-
2026-07-22days on market $379,900 Active 89 DOM
-
2026-07-21days on market $379,900 Active 88 DOM
-
2026-07-18days on market $379,900 Active 85 DOM
-
2026-07-18days on market $379,900 Active 84 DOM
-
2026-07-16days on market $379,900 Active 83 DOM
-
2026-07-15days on market $379,900 Active 82 DOM
-
2026-07-14days on market $379,900 Active 81 DOM
-
2026-07-13days on market $379,900 Active 80 DOM
-
2026-07-13days on market $379,900 Active 79 DOM
-
2026-07-11days on market $379,900 Active 78 DOM
-
2026-07-10days on market $379,900 Active 77 DOM
-
2026-07-09days on market $379,900 Active 76 DOM
-
2026-07-07days on market $379,900 Active 74 DOM
-
2026-07-06days on market $379,900 Active 73 DOM
-
2026-07-05days on market $379,900 Active 72 DOM
-
2026-07-03days on market $379,900 Active 70 DOM
-
2026-07-02days on market $379,900 Active 69 DOM
-
2026-07-01days on market $379,900 Active 68 DOM
-
2026-06-30days on market $379,900 Active 67 DOM
-
2026-06-29days on market $379,900 Active 66 DOM
-
2026-06-28days on market $379,900 Active 65 DOM
-
2026-06-27days on market $379,900 Active 64 DOM
-
2026-06-27days on market $379,900 Active 63 DOM
-
2026-06-25days on market $379,900 Active 61 DOM
-
2026-06-22days on market $379,900 Active 59 DOM
-
2026-06-22days on market $379,900 Active 58 DOM
-
2026-06-18days on market $379,900 Active 55 DOM
-
2026-06-17days on market $379,900 Active 54 DOM
-
2026-06-16days on market $379,900 Active 53 DOM
-
2026-06-15days on market $379,900 Active 52 DOM
-
2026-06-13days on market $379,900 Active 50 DOM
-
2026-06-13days on market $379,900 Active 49 DOM
-
2026-06-10days on market $379,900 Active 47 DOM
-
2026-06-09days on market $379,900 Active 46 DOM
-
2026-06-08days on market $379,900 Active 45 DOM
-
2026-06-08days on market $379,900 Active 44 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 · 30 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
- $33,018
- − Mortgage interest
- −$19,549
- − Property taxes
- −$5,235
- − Insurance
- −$1,745
- − Repairs & maintenance
- −$2,641
- − Management
- −$2,641
- − HOA
- −$7,068
- − Depreciation
- −$10,153
- Taxable loss
- −$16,015
- Est. tax savings @ 24.0%
- +$3,844
- After-tax cash flow
- $-6,082/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 fully furnished, move-in ready home in Palm Aire Country Club offers a good condition with minimal maintenance required, making it an attractive investment for both resale and rental.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and value. ↑
- Both Landscaping — Improves curb appeal and enhances property value. ↑
- Both HVAC system — Ensures comfort and energy efficiency, attracting buyers and renters. ↑
ⓘ 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
- Manatee
- NCES district ID
- 1201230
- Math proficiency
- 54% ▼ -6.00%
- Reading proficiency
- 50% ▼ -2.00%
- Median HH income
- $49,607
- Composite
- 44.43/100
- National rank
- #2806
- State rank
- #26 of 73 in FL
Livability — Sarasota
- Score
- 80/100
- State rank
- #121
- US rank
- #1854
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Manatee County · 447,342 people
- City population
- 261,896
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 32,773
- Household income
- $81,219
- Rent vs Own
- Severe rent burden
- 18% of renters
Population outlook (Manatee County) Hauer SSP2
- Today (2025)
- 447,342 people
- By 2030
- 488,911 · +9.3%
- By 2040
- 567,934 · +27.0%
- By 2050
- 637,995 · +42.6%
- By 2075
- 781,970 · +74.8%
- By 2100
- 848,272 · +89.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (76%)
- Race & ethnicity
- White 76% Hispanic / Latino 14% Two or more races 11% Asian 3% Black 3%
- Hispanic origin (detail)
- Mexican 5% Puerto Rican 3% Cuban 1%
- Common ancestry
- Romanian 5% Lithuanian 3% Slovak 2%
- Foreign-born
- 16% · Canada, Vietnam, Jamaica
- Languages at home
- 81% English-only · Spanish 8% Russian/Polish/Slavic 3% Other Indo-European 3%
Political lean MEDSL · Manatee
- 2024 margin
- Strong R (+23.5) · D 37.9% · R 61.4%
- 2008→2024 swing
- -16.5pp toward R · 2008: -7.0pp · 2024: -23.5pp
- All cycles
- 2024: R+23.5 2020: R+16.1 2016: R+17.1 2012: R+12.5 2008: R+7.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -83.67%
- Current HPI
- 280.5372
- Rent YoY
- ▼ -4.14%
- Metro
- North Port-Sarasota-Bradenton, 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
-10.6% since first listed22 events — show timeline
- 2026-05-18 Relisted — Stellar MLS as Distributed by MLS Grid
- 2026-05-14 Pending — Stellar MLS as Distributed by MLS Grid
- 2026-04-20 Listed $379,900 Stellar MLS as Distributed by MLS Grid
- 2025-05-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2025-04-02 Relisted — Stellar MLS as Distributed by MLS Grid
- 2025-02-13 Pending — Stellar MLS as Distributed by MLS Grid
- 2025-01-20 Listed $429,000 Stellar MLS as Distributed by MLS Grid
- 2024-05-07 Sold (MLS) $345,000 Stellar MLS as Distributed by MLS Grid
- 2024-03-23 Pending — Stellar MLS as Distributed by MLS Grid
- 2024-03-16 Price Changed $350,000 Stellar MLS as Distributed by MLS Grid
- 2024-03-03 Relisted — Stellar MLS as Distributed by MLS Grid
- 2024-02-22 Pending — Stellar MLS as Distributed by MLS Grid
- 2024-02-17 Price Changed $360,000 Stellar MLS as Distributed by MLS Grid
- 2024-02-06 Price Changed $365,000 Stellar MLS as Distributed by MLS Grid
- 2024-01-25 Relisted — Stellar MLS as Distributed by MLS Grid
- 2024-01-20 Pending — Stellar MLS as Distributed by MLS Grid
- 2024-01-20 Price Changed $375,000 Stellar MLS as Distributed by MLS Grid
- 2024-01-09 Price Changed $380,000 Stellar MLS as Distributed by MLS Grid
- 2023-12-17 Price Changed $390,000 Stellar MLS as Distributed by MLS Grid
- 2023-12-06 Price Changed $400,000 Stellar MLS as Distributed by MLS Grid
- 2023-11-28 Price Changed $415,000 Stellar MLS as Distributed by MLS Grid
- 2023-11-16 Listed $425,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…