493 Madonna · Warm Mineral Springs, FL 34287

$135,000

2 bd · 2.0 ba · 1,089 sqft · Manufactured public records · 366 Days on market

Built 1986 5,132 sqft lot $191/mo HOA · 11% of rent

---

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 +24.9/30.0
• DSCR +8.1/10.0
• 1% rule +7.6/10.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• Livability +3.3/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Under contract-accepting backup offers. TURNKEY HOME READY TO ENJOY ALL THE AMENITIES LA CASA HAS TO OFFER! Discover the enchanting Florida dream lifestyle in this delightful home with a lake view, in a vibrant 55+ community known for its numerous amenities and gorgeous surroundings. This quality home faces a large lake and has a wonderful front porch to enjoy sunsets and large screened room to entertain, dine, or relax, in the shaded breeze. Inside, find an inviting open layout that seamlessly blends the spacious Living Room, Dining area and kitchen - perfect for hosting gatherings and creating lasting memories. The living room flows effortlessly into the Florida room/lanai providing an additional heated/cooled space for dining/relaxing and enjoying gorgeous sunsets over the lake. The generous master suite is large enough to easily accommodate the king bedroom set, with a walk-in closet, walk-in shower, and an abundance of bathroom cabinet storage. The guest bedroom, with queen bedroom set, is thoughtfully designed to ensure your visitors feel right at home. The nearby bathroom provides another large space with shower/tub and ample cabinet storage and counter space. There is an additional room which can be used as a small office, or walk-in pantry or as a future indoor laundry room. The shed, off the screened room, allows for laundry, ample storage, and is equipped with overhead storage and a well-stocked work bench area for gardening, crafts or other projects. This residence has been well cared for and equipped to ensure many more years of enjoying the Florida life with a durable metal roof, a brand-new A/C unit installed in 2023, double-pane windows with UV protection, newer appliances, and high-quality furnishings. This home promises both comfort and style. Embrace the ultimate Florida lifestyle - your dream awaits! Welcome to La Casa, an enchanting community where 974 exquisite homes are beautifully set among native trees, surrounded by spacious common areas and eight serene lakes. Our generous 60 by 80-foot lots offer your ideal space. Perfectly located between Sarasota and Fort Myers, La Casa is a boater's paradise with direct access to the stunning Gulf of Mexico. Enjoy easy access to shopping, sightseeing, golfing, and fishing, all while immersing yourself in the rich culture of Southwest Florida. Experience the warmth of Southwest Florida’s winters in a relaxed environment, far from the east coast hustle. Our lush, mature landscaping reflects the dedicated care of residents and management. La Casa features some of the finest pools in the area, including our magnificent 40 by 60-foot swimming pool, maintained at a delightful 87 degrees, and a cozy 20 by 40-foot pool nestled between the clubhouse and Activity Building, both with inviting hot tubs. Stay connected with our complimentary Wi-Fi at the Clubhouse, Activity Building, and Recreation Hall while you soak up the sun. La Casa is a family-friendly haven where you can enjoy tranquility while remaining close to vibrant attractions. Come visit our charming oasis and discover why La Casa is the ultimate destination for snowbirds and year-round residents!

Key facts

• Metal roof
• New a/c unit
• Florida room

Tags

• OPEN LAYOUT
• ABUNDANCE OF CABINETS
• FLORIDA ROOM
• DOUBLE-PANE WINDOWS
• METAL ROOF
• NEW A/C UNIT

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $135k.

Deal economics

• At list price, monthly cash flow is $-137 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $111k (17.9% below list).
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $111k (17.9% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 66/100 on livability (#604 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools D-, amenities F, commute F.
• Sarasota (urban): math 63% / reading 63% proficiency, ranked #7 of 73 in FL (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents flat; 852 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 32% of the median local income ($63k/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 $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Sarasota County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 366 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $34k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $110,773 (17.9% 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 366 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
9. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
10. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
11. 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.
12. 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.
13. 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: 1.26% ✓
• Cap rate: 8.87%
• Cash-on-cash: 9.19%
• DSCR: 1.41
• GRM: 6.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.26% rent growth · sell at horizon

5-year hold

• IRR: -28.6%
• Equity multiple: 0.08×
• Total profit: $-34,805
• Equity at exit: $20,129

10-year hold

• IRR: -59.8%
• Equity multiple: -0.53×
• Total profit: $-57,786
• Equity at exit: $11,672

Cash invested: $37,800 (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 34287

• Home prices YoY: -20.1%
• Rents YoY: 0.3%
• Active inventory: 852
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,698 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$97 /mo · $1,158/yr
• Insurance: −$56
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$191
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $-137

Break-even live

Break-even rent $1,871

Max offer price $110,773

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12395 Chancellor Blvd Port Charlotte, FL	2.0	1.0	1004	$1,600	$1.59	21d	1	1.22mi

HOA detail

• Monthly dues: $191 · $2,292/yr
• Likely covers: internetlandscapingpool

Listing history 10 events

1. 2026-05-18
   status Pending 3176-char remark

   Show marketing remark (3176 chars)

   Under contract-accepting backup offers. TURNKEY HOME READY TO ENJOY ALL THE AMENITIES LA CASA HAS TO OFFER! Discover the enchanting Florida dream lifestyle in this delightful home with a lake view, in a vibrant 55+ community known for its numerous amenities and gorgeous surroundings. This quality home faces a large lake and has a wonderful front porch to enjoy sunsets and large screened room to entertain, dine, or relax, in the shaded breeze. Inside, find an inviting open layout that seamlessly blends the spacious Living Room, Dining area and kitchen - perfect for hosting gatherings and creating lasting memories. The living room flows effortlessly into the Florida room/lanai providing an additional heated/cooled space for dining/relaxing and enjoying gorgeous sunsets over the lake. The generous master suite is large enough to easily accommodate the king bedroom set, with a walk-in closet, walk-in shower, and an abundance of bathroom cabinet storage. The guest bedroom, with queen bedroom set, is thoughtfully designed to ensure your visitors feel right at home. The nearby bathroom provides another large space with shower/tub and ample cabinet storage and counter space. There is an additional room which can be used as a small office, or walk-in pantry or as a future indoor laundry room. The shed, off the screened room, allows for laundry, ample storage, and is equipped with overhead storage and a well-stocked work bench area for gardening, crafts or other projects. This residence has been well cared for and equipped to ensure many more years of enjoying the Florida life with a durable metal roof, a brand-new A/C unit installed in 2023, double-pane windows with UV protection, newer appliances, and high-quality furnishings. This home promises both comfort and style. Embrace the ultimate Florida lifestyle - your dream awaits! Welcome to La Casa, an enchanting community where 974 exquisite homes are beautifully set among native trees, surrounded by spacious common areas and eight serene lakes. Our generous 60 by 80-foot lots offer your ideal space. Perfectly located between Sarasota and Fort Myers, La Casa is a boater's paradise with direct access to the stunning Gulf of Mexico. Enjoy easy access to shopping, sightseeing, golfing, and fishing, all while immersing yourself in the rich culture of Southwest Florida. Experience the warmth of Southwest Florida’s winters in a relaxed environment, far from the east coast hustle. Our lush, mature landscaping reflects the dedicated care of residents and management. La Casa features some of the finest pools in the area, including our magnificent 40 by 60-foot swimming pool, maintained at a delightful 87 degrees, and a cozy 20 by 40-foot pool nestled between the clubhouse and Activity Building, both with inviting hot tubs. Stay connected with our complimentary Wi-Fi at the Clubhouse, Activity Building, and Recreation Hall while you soak up the sun. La Casa is a family-friendly haven where you can enjoy tranquility while remaining close to vibrant attractions. Come visit our charming oasis and discover why La Casa is the ultimate destination for snowbirds and year-round residents!

2. 2026-03-31
   price $135,000 3176-char remark

   Show marketing remark (3176 chars)

   Under contract-accepting backup offers. TURNKEY HOME READY TO ENJOY ALL THE AMENITIES LA CASA HAS TO OFFER! Discover the enchanting Florida dream lifestyle in this delightful home with a lake view, in a vibrant 55+ community known for its numerous amenities and gorgeous surroundings. This quality home faces a large lake and has a wonderful front porch to enjoy sunsets and large screened room to entertain, dine, or relax, in the shaded breeze. Inside, find an inviting open layout that seamlessly blends the spacious Living Room, Dining area and kitchen - perfect for hosting gatherings and creating lasting memories. The living room flows effortlessly into the Florida room/lanai providing an additional heated/cooled space for dining/relaxing and enjoying gorgeous sunsets over the lake. The generous master suite is large enough to easily accommodate the king bedroom set, with a walk-in closet, walk-in shower, and an abundance of bathroom cabinet storage. The guest bedroom, with queen bedroom set, is thoughtfully designed to ensure your visitors feel right at home. The nearby bathroom provides another large space with shower/tub and ample cabinet storage and counter space. There is an additional room which can be used as a small office, or walk-in pantry or as a future indoor laundry room. The shed, off the screened room, allows for laundry, ample storage, and is equipped with overhead storage and a well-stocked work bench area for gardening, crafts or other projects. This residence has been well cared for and equipped to ensure many more years of enjoying the Florida life with a durable metal roof, a brand-new A/C unit installed in 2023, double-pane windows with UV protection, newer appliances, and high-quality furnishings. This home promises both comfort and style. Embrace the ultimate Florida lifestyle - your dream awaits! Welcome to La Casa, an enchanting community where 974 exquisite homes are beautifully set among native trees, surrounded by spacious common areas and eight serene lakes. Our generous 60 by 80-foot lots offer your ideal space. Perfectly located between Sarasota and Fort Myers, La Casa is a boater's paradise with direct access to the stunning Gulf of Mexico. Enjoy easy access to shopping, sightseeing, golfing, and fishing, all while immersing yourself in the rich culture of Southwest Florida. Experience the warmth of Southwest Florida’s winters in a relaxed environment, far from the east coast hustle. Our lush, mature landscaping reflects the dedicated care of residents and management. La Casa features some of the finest pools in the area, including our magnificent 40 by 60-foot swimming pool, maintained at a delightful 87 degrees, and a cozy 20 by 40-foot pool nestled between the clubhouse and Activity Building, both with inviting hot tubs. Stay connected with our complimentary Wi-Fi at the Clubhouse, Activity Building, and Recreation Hall while you soak up the sun. La Casa is a family-friendly haven where you can enjoy tranquility while remaining close to vibrant attractions. Come visit our charming oasis and discover why La Casa is the ultimate destination for snowbirds and year-round residents!

3. 2025-12-13
   status Active 3176-char remark

   Show marketing remark (3176 chars)

   Under contract-accepting backup offers. TURNKEY HOME READY TO ENJOY ALL THE AMENITIES LA CASA HAS TO OFFER! Discover the enchanting Florida dream lifestyle in this delightful home with a lake view, in a vibrant 55+ community known for its numerous amenities and gorgeous surroundings. This quality home faces a large lake and has a wonderful front porch to enjoy sunsets and large screened room to entertain, dine, or relax, in the shaded breeze. Inside, find an inviting open layout that seamlessly blends the spacious Living Room, Dining area and kitchen - perfect for hosting gatherings and creating lasting memories. The living room flows effortlessly into the Florida room/lanai providing an additional heated/cooled space for dining/relaxing and enjoying gorgeous sunsets over the lake. The generous master suite is large enough to easily accommodate the king bedroom set, with a walk-in closet, walk-in shower, and an abundance of bathroom cabinet storage. The guest bedroom, with queen bedroom set, is thoughtfully designed to ensure your visitors feel right at home. The nearby bathroom provides another large space with shower/tub and ample cabinet storage and counter space. There is an additional room which can be used as a small office, or walk-in pantry or as a future indoor laundry room. The shed, off the screened room, allows for laundry, ample storage, and is equipped with overhead storage and a well-stocked work bench area for gardening, crafts or other projects. This residence has been well cared for and equipped to ensure many more years of enjoying the Florida life with a durable metal roof, a brand-new A/C unit installed in 2023, double-pane windows with UV protection, newer appliances, and high-quality furnishings. This home promises both comfort and style. Embrace the ultimate Florida lifestyle - your dream awaits! Welcome to La Casa, an enchanting community where 974 exquisite homes are beautifully set among native trees, surrounded by spacious common areas and eight serene lakes. Our generous 60 by 80-foot lots offer your ideal space. Perfectly located between Sarasota and Fort Myers, La Casa is a boater's paradise with direct access to the stunning Gulf of Mexico. Enjoy easy access to shopping, sightseeing, golfing, and fishing, all while immersing yourself in the rich culture of Southwest Florida. Experience the warmth of Southwest Florida’s winters in a relaxed environment, far from the east coast hustle. Our lush, mature landscaping reflects the dedicated care of residents and management. La Casa features some of the finest pools in the area, including our magnificent 40 by 60-foot swimming pool, maintained at a delightful 87 degrees, and a cozy 20 by 40-foot pool nestled between the clubhouse and Activity Building, both with inviting hot tubs. Stay connected with our complimentary Wi-Fi at the Clubhouse, Activity Building, and Recreation Hall while you soak up the sun. La Casa is a family-friendly haven where you can enjoy tranquility while remaining close to vibrant attractions. Come visit our charming oasis and discover why La Casa is the ultimate destination for snowbirds and year-round residents!

4. 2025-12-12
   status Active 3176-char remark

   Show marketing remark (3176 chars)

   Under contract-accepting backup offers. TURNKEY HOME READY TO ENJOY ALL THE AMENITIES LA CASA HAS TO OFFER! Discover the enchanting Florida dream lifestyle in this delightful home with a lake view, in a vibrant 55+ community known for its numerous amenities and gorgeous surroundings. This quality home faces a large lake and has a wonderful front porch to enjoy sunsets and large screened room to entertain, dine, or relax, in the shaded breeze. Inside, find an inviting open layout that seamlessly blends the spacious Living Room, Dining area and kitchen - perfect for hosting gatherings and creating lasting memories. The living room flows effortlessly into the Florida room/lanai providing an additional heated/cooled space for dining/relaxing and enjoying gorgeous sunsets over the lake. The generous master suite is large enough to easily accommodate the king bedroom set, with a walk-in closet, walk-in shower, and an abundance of bathroom cabinet storage. The guest bedroom, with queen bedroom set, is thoughtfully designed to ensure your visitors feel right at home. The nearby bathroom provides another large space with shower/tub and ample cabinet storage and counter space. There is an additional room which can be used as a small office, or walk-in pantry or as a future indoor laundry room. The shed, off the screened room, allows for laundry, ample storage, and is equipped with overhead storage and a well-stocked work bench area for gardening, crafts or other projects. This residence has been well cared for and equipped to ensure many more years of enjoying the Florida life with a durable metal roof, a brand-new A/C unit installed in 2023, double-pane windows with UV protection, newer appliances, and high-quality furnishings. This home promises both comfort and style. Embrace the ultimate Florida lifestyle - your dream awaits! Welcome to La Casa, an enchanting community where 974 exquisite homes are beautifully set among native trees, surrounded by spacious common areas and eight serene lakes. Our generous 60 by 80-foot lots offer your ideal space. Perfectly located between Sarasota and Fort Myers, La Casa is a boater's paradise with direct access to the stunning Gulf of Mexico. Enjoy easy access to shopping, sightseeing, golfing, and fishing, all while immersing yourself in the rich culture of Southwest Florida. Experience the warmth of Southwest Florida’s winters in a relaxed environment, far from the east coast hustle. Our lush, mature landscaping reflects the dedicated care of residents and management. La Casa features some of the finest pools in the area, including our magnificent 40 by 60-foot swimming pool, maintained at a delightful 87 degrees, and a cozy 20 by 40-foot pool nestled between the clubhouse and Activity Building, both with inviting hot tubs. Stay connected with our complimentary Wi-Fi at the Clubhouse, Activity Building, and Recreation Hall while you soak up the sun. La Casa is a family-friendly haven where you can enjoy tranquility while remaining close to vibrant attractions. Come visit our charming oasis and discover why La Casa is the ultimate destination for snowbirds and year-round residents!

5. 2025-12-05
   historical 3176-char remark

   Show marketing remark (3176 chars)

   Under contract-accepting backup offers. TURNKEY HOME READY TO ENJOY ALL THE AMENITIES LA CASA HAS TO OFFER! Discover the enchanting Florida dream lifestyle in this delightful home with a lake view, in a vibrant 55+ community known for its numerous amenities and gorgeous surroundings. This quality home faces a large lake and has a wonderful front porch to enjoy sunsets and large screened room to entertain, dine, or relax, in the shaded breeze. Inside, find an inviting open layout that seamlessly blends the spacious Living Room, Dining area and kitchen - perfect for hosting gatherings and creating lasting memories. The living room flows effortlessly into the Florida room/lanai providing an additional heated/cooled space for dining/relaxing and enjoying gorgeous sunsets over the lake. The generous master suite is large enough to easily accommodate the king bedroom set, with a walk-in closet, walk-in shower, and an abundance of bathroom cabinet storage. The guest bedroom, with queen bedroom set, is thoughtfully designed to ensure your visitors feel right at home. The nearby bathroom provides another large space with shower/tub and ample cabinet storage and counter space. There is an additional room which can be used as a small office, or walk-in pantry or as a future indoor laundry room. The shed, off the screened room, allows for laundry, ample storage, and is equipped with overhead storage and a well-stocked work bench area for gardening, crafts or other projects. This residence has been well cared for and equipped to ensure many more years of enjoying the Florida life with a durable metal roof, a brand-new A/C unit installed in 2023, double-pane windows with UV protection, newer appliances, and high-quality furnishings. This home promises both comfort and style. Embrace the ultimate Florida lifestyle - your dream awaits! Welcome to La Casa, an enchanting community where 974 exquisite homes are beautifully set among native trees, surrounded by spacious common areas and eight serene lakes. Our generous 60 by 80-foot lots offer your ideal space. Perfectly located between Sarasota and Fort Myers, La Casa is a boater's paradise with direct access to the stunning Gulf of Mexico. Enjoy easy access to shopping, sightseeing, golfing, and fishing, all while immersing yourself in the rich culture of Southwest Florida. Experience the warmth of Southwest Florida’s winters in a relaxed environment, far from the east coast hustle. Our lush, mature landscaping reflects the dedicated care of residents and management. La Casa features some of the finest pools in the area, including our magnificent 40 by 60-foot swimming pool, maintained at a delightful 87 degrees, and a cozy 20 by 40-foot pool nestled between the clubhouse and Activity Building, both with inviting hot tubs. Stay connected with our complimentary Wi-Fi at the Clubhouse, Activity Building, and Recreation Hall while you soak up the sun. La Casa is a family-friendly haven where you can enjoy tranquility while remaining close to vibrant attractions. Come visit our charming oasis and discover why La Casa is the ultimate destination for snowbirds and year-round residents!

6. 2025-12-05
   historical 3176-char remark

   Show marketing remark (3176 chars)

   Under contract-accepting backup offers. TURNKEY HOME READY TO ENJOY ALL THE AMENITIES LA CASA HAS TO OFFER! Discover the enchanting Florida dream lifestyle in this delightful home with a lake view, in a vibrant 55+ community known for its numerous amenities and gorgeous surroundings. This quality home faces a large lake and has a wonderful front porch to enjoy sunsets and large screened room to entertain, dine, or relax, in the shaded breeze. Inside, find an inviting open layout that seamlessly blends the spacious Living Room, Dining area and kitchen - perfect for hosting gatherings and creating lasting memories. The living room flows effortlessly into the Florida room/lanai providing an additional heated/cooled space for dining/relaxing and enjoying gorgeous sunsets over the lake. The generous master suite is large enough to easily accommodate the king bedroom set, with a walk-in closet, walk-in shower, and an abundance of bathroom cabinet storage. The guest bedroom, with queen bedroom set, is thoughtfully designed to ensure your visitors feel right at home. The nearby bathroom provides another large space with shower/tub and ample cabinet storage and counter space. There is an additional room which can be used as a small office, or walk-in pantry or as a future indoor laundry room. The shed, off the screened room, allows for laundry, ample storage, and is equipped with overhead storage and a well-stocked work bench area for gardening, crafts or other projects. This residence has been well cared for and equipped to ensure many more years of enjoying the Florida life with a durable metal roof, a brand-new A/C unit installed in 2023, double-pane windows with UV protection, newer appliances, and high-quality furnishings. This home promises both comfort and style. Embrace the ultimate Florida lifestyle - your dream awaits! Welcome to La Casa, an enchanting community where 974 exquisite homes are beautifully set among native trees, surrounded by spacious common areas and eight serene lakes. Our generous 60 by 80-foot lots offer your ideal space. Perfectly located between Sarasota and Fort Myers, La Casa is a boater's paradise with direct access to the stunning Gulf of Mexico. Enjoy easy access to shopping, sightseeing, golfing, and fishing, all while immersing yourself in the rich culture of Southwest Florida. Experience the warmth of Southwest Florida’s winters in a relaxed environment, far from the east coast hustle. Our lush, mature landscaping reflects the dedicated care of residents and management. La Casa features some of the finest pools in the area, including our magnificent 40 by 60-foot swimming pool, maintained at a delightful 87 degrees, and a cozy 20 by 40-foot pool nestled between the clubhouse and Activity Building, both with inviting hot tubs. Stay connected with our complimentary Wi-Fi at the Clubhouse, Activity Building, and Recreation Hall while you soak up the sun. La Casa is a family-friendly haven where you can enjoy tranquility while remaining close to vibrant attractions. Come visit our charming oasis and discover why La Casa is the ultimate destination for snowbirds and year-round residents!

7. 2025-11-05
   price $154,900 3176-char remark

   Show marketing remark (3176 chars)

   Under contract-accepting backup offers. TURNKEY HOME READY TO ENJOY ALL THE AMENITIES LA CASA HAS TO OFFER! Discover the enchanting Florida dream lifestyle in this delightful home with a lake view, in a vibrant 55+ community known for its numerous amenities and gorgeous surroundings. This quality home faces a large lake and has a wonderful front porch to enjoy sunsets and large screened room to entertain, dine, or relax, in the shaded breeze. Inside, find an inviting open layout that seamlessly blends the spacious Living Room, Dining area and kitchen - perfect for hosting gatherings and creating lasting memories. The living room flows effortlessly into the Florida room/lanai providing an additional heated/cooled space for dining/relaxing and enjoying gorgeous sunsets over the lake. The generous master suite is large enough to easily accommodate the king bedroom set, with a walk-in closet, walk-in shower, and an abundance of bathroom cabinet storage. The guest bedroom, with queen bedroom set, is thoughtfully designed to ensure your visitors feel right at home. The nearby bathroom provides another large space with shower/tub and ample cabinet storage and counter space. There is an additional room which can be used as a small office, or walk-in pantry or as a future indoor laundry room. The shed, off the screened room, allows for laundry, ample storage, and is equipped with overhead storage and a well-stocked work bench area for gardening, crafts or other projects. This residence has been well cared for and equipped to ensure many more years of enjoying the Florida life with a durable metal roof, a brand-new A/C unit installed in 2023, double-pane windows with UV protection, newer appliances, and high-quality furnishings. This home promises both comfort and style. Embrace the ultimate Florida lifestyle - your dream awaits! Welcome to La Casa, an enchanting community where 974 exquisite homes are beautifully set among native trees, surrounded by spacious common areas and eight serene lakes. Our generous 60 by 80-foot lots offer your ideal space. Perfectly located between Sarasota and Fort Myers, La Casa is a boater's paradise with direct access to the stunning Gulf of Mexico. Enjoy easy access to shopping, sightseeing, golfing, and fishing, all while immersing yourself in the rich culture of Southwest Florida. Experience the warmth of Southwest Florida’s winters in a relaxed environment, far from the east coast hustle. Our lush, mature landscaping reflects the dedicated care of residents and management. La Casa features some of the finest pools in the area, including our magnificent 40 by 60-foot swimming pool, maintained at a delightful 87 degrees, and a cozy 20 by 40-foot pool nestled between the clubhouse and Activity Building, both with inviting hot tubs. Stay connected with our complimentary Wi-Fi at the Clubhouse, Activity Building, and Recreation Hall while you soak up the sun. La Casa is a family-friendly haven where you can enjoy tranquility while remaining close to vibrant attractions. Come visit our charming oasis and discover why La Casa is the ultimate destination for snowbirds and year-round residents!

8. 2025-05-09
   listed $168,500 Active 3176-char remark

   Show marketing remark (3176 chars)

   Under contract-accepting backup offers. TURNKEY HOME READY TO ENJOY ALL THE AMENITIES LA CASA HAS TO OFFER! Discover the enchanting Florida dream lifestyle in this delightful home with a lake view, in a vibrant 55+ community known for its numerous amenities and gorgeous surroundings. This quality home faces a large lake and has a wonderful front porch to enjoy sunsets and large screened room to entertain, dine, or relax, in the shaded breeze. Inside, find an inviting open layout that seamlessly blends the spacious Living Room, Dining area and kitchen - perfect for hosting gatherings and creating lasting memories. The living room flows effortlessly into the Florida room/lanai providing an additional heated/cooled space for dining/relaxing and enjoying gorgeous sunsets over the lake. The generous master suite is large enough to easily accommodate the king bedroom set, with a walk-in closet, walk-in shower, and an abundance of bathroom cabinet storage. The guest bedroom, with queen bedroom set, is thoughtfully designed to ensure your visitors feel right at home. The nearby bathroom provides another large space with shower/tub and ample cabinet storage and counter space. There is an additional room which can be used as a small office, or walk-in pantry or as a future indoor laundry room. The shed, off the screened room, allows for laundry, ample storage, and is equipped with overhead storage and a well-stocked work bench area for gardening, crafts or other projects. This residence has been well cared for and equipped to ensure many more years of enjoying the Florida life with a durable metal roof, a brand-new A/C unit installed in 2023, double-pane windows with UV protection, newer appliances, and high-quality furnishings. This home promises both comfort and style. Embrace the ultimate Florida lifestyle - your dream awaits! Welcome to La Casa, an enchanting community where 974 exquisite homes are beautifully set among native trees, surrounded by spacious common areas and eight serene lakes. Our generous 60 by 80-foot lots offer your ideal space. Perfectly located between Sarasota and Fort Myers, La Casa is a boater's paradise with direct access to the stunning Gulf of Mexico. Enjoy easy access to shopping, sightseeing, golfing, and fishing, all while immersing yourself in the rich culture of Southwest Florida. Experience the warmth of Southwest Florida’s winters in a relaxed environment, far from the east coast hustle. Our lush, mature landscaping reflects the dedicated care of residents and management. La Casa features some of the finest pools in the area, including our magnificent 40 by 60-foot swimming pool, maintained at a delightful 87 degrees, and a cozy 20 by 40-foot pool nestled between the clubhouse and Activity Building, both with inviting hot tubs. Stay connected with our complimentary Wi-Fi at the Clubhouse, Activity Building, and Recreation Hall while you soak up the sun. La Casa is a family-friendly haven where you can enjoy tranquility while remaining close to vibrant attractions. Come visit our charming oasis and discover why La Casa is the ultimate destination for snowbirds and year-round residents!

9. 2021-01-29
   soldstatus $133,000
10. 2003-03-18
    soldstatus $65,300

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

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,158 · $97/mo
• Projected year-2 tax: $1,158 · $97/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 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

Taxation est. · year 1

• Rental income: $20,372
• − Mortgage interest: −$7,562
• − Property taxes: −$1,158
• − Insurance: −$5,794
• − Repairs & maintenance: −$1,630
• − Management: −$1,630
• − HOA: −$2,292
• − Depreciation: −$3,927
• Taxable loss: −$3,621
• Est. tax savings @ 24.0%: +$869
• After-tax cash flow: $-777/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: Sarasota
• NCES district ID: 1201680
• Math proficiency: 63% ▼ -8.00%
• Reading proficiency: 63% ▼ -3.00%
• Median HH income: $51,167
• Composite: 53.68/100
• National rank: #1428
• State rank: #7 of 73 in FL

Livability — Warm Mineral Springs

• Score: 66/100
• State rank: #604
• US rank: #11606

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Warm Mineral Springs, FL
• County: Sarasota County · 448,376 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 25,929
• Household income: $63,464
• Rent vs Own: 19.1% rent · 80.9% own
• Severe rent burden: 522.0

Population outlook (Sarasota County) Hauer SSP2

• Today (2025): 452,380 people
• By 2030: 474,175 · +4.8%
• By 2040: 511,577 · +13.1%
• By 2050: 541,467 · +19.7%
• By 2075: 604,947 · +33.7%
• By 2100: 621,965 · +37.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 14% Two or more races 7% Asian 4% Black 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 3% Dominican 1%
• Common ancestry: Romanian 4% Scotch-Irish 3% Lithuanian 3%
• Foreign-born: 16% · Canada, Philippines
• Languages at home: 81% English-only · Spanish 8% Russian/Polish/Slavic 5% French/Haitian/Cajun 2%

Political lean MEDSL · Sarasota

• 2024 margin: R (+18.2) · D 40.5% · R 58.7%
• 2008→2024 swing: -18.1pp toward R · 2008: -0.1pp · 2024: -18.2pp
• All cycles: 2024: R+18.2 2020: R+10.4 2016: R+11.6 2012: R+7.4 2008: R+0.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -70.89%
• Current HPI: 280.8484
• Rent YoY: ▲ 0.26%
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+106.7% since first listed

10 events — show timeline

• 2026-05-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-31 Price Changed $135,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-12-12 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-12-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-12-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-11-05 Price Changed $154,900 Stellar MLS as Distributed by MLS Grid
• 2025-05-09 Listed $168,500 Stellar MLS as Distributed by MLS Grid
• 2021-01-29 Sold (Public Records) $133,000 Public Records
• 2003-03-18 Sold (Public Records) $65,300 Public Records

Property tax history

+1.7%/yr

Latest (2025): $1,158 · -26.3% YoY. Source: county tax records.