413 Cervina Dr N · Venice, FL 34285

$185,000

2 bd · 2.0 ba · 1,176 sqft · Manufactured public records · 68 Days on market

Built 1978 5,843 sqft lot $229/mo HOA · 11% 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 +18.1/30.0
• ARV discount +7.5/15.0
• 1% rule +6.0/10.0
• DSCR +5.7/10.0
• Schools +5.4/10.0
• Rent growth +4.7/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for a 55+ mobile home community with lots of activities and amenities? Venice Isle, just off US41, is the place for you. This double wide manufactured home is located on a quiet street and has a nice backyard which many of these homes do not. The Carport is brand new as of early 2025. It houses a lanai area which can be screened in, as well as, a shed which contains a washer/dryer, workbench, and lots of tools. The home has a brand new Carport, newer plumbing, newer roof-over, new flooring, newer bathrooms, and updated kitchen. You can enter the home through the first door which leads you to the kitchen and what was the original Florida Room, or you can enter further down to a door that leads you to the dining room and kitchen. Spacious kitchen with lots of white soft-close cabinets. It includes a dishwasher, stove/range with microwave, refrigerator and cute window above the sink and a sun tunnel above. Counters are solid-surface white with a bar area for parties or a quick bite. Next to the kitchen as you enter is the dining room with a built-in display cabinet and a sun tunnel between the kitchen and dining room. Beyond the dining room is the living room which has been extended by the enclosed Florida Room. Windows in the Public area have lovely custom shades which provide privacy but also filtered light. Flooring is vinyl throughout and both bathrooms have been updated. All furniture conveys, however, there is no bed in the Primary Bedroom. Seller is leaving 3 televisions, furniture, and household items. This home is ready for you to make it your own. This property is located in a No Dog section of Venice Isle; however, 2 cats are permitted. If your not busy at the pool or doing other of the many activities in Venice Isle, you can go to downtown historic Venice which is about 15 minutes away. Going the other direction on US41, you can head to Wellen Park with its 80-acre Grand Lake and nature trails. Cool Today Park with the Atlanta Braves Spring Training Stadium is just 5 minutes from Wellen Park. Enjoy Spring Training and other events there throughout the year. Of course, you have the many Gulf beaches which are are a short drive away. The Sarasota Memorial Hospital, Venice Campus, is just 20 minutes away as well.

Key facts

• 5,843 sq ft lot
• Parking
• Community pool

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $185k.

Deal economics

• At list price, monthly cash flow is $163 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $185k).
• Recommended offer: $174k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 80/100 on livability (#129 in FL, #1,925 nationally) — a professional / high-income tenant draw. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities D-, 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 rising fast (+8.8%/yr); 462 active listings in the ZIP; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 36% of the median local income ($68k/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.
• Sarasota County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $52k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 68 days — a 6% lower offer ($174k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 14y 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 $74k; list at $185k implies a 148% 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→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $173,900 (6.0% below list)

Questions for the listing agent

1. It's been on market 68 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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 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: 1.10% ✓
• Cap rate: 7.35%
• Cash-on-cash: 3.77%
• DSCR: 1.17
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -4.2%
• Equity multiple: 0.83×
• Total profit: $-8,670
• Equity at exit: $27,584

10-year hold

• IRR: 10.9%
• Equity multiple: 2.07×
• Total profit: $55,518
• Equity at exit: $15,995

Cash invested: $51,800 (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 34285

• Rents YoY: 8.8%
• Active inventory: 462
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $2,044 medium
• Mortgage (P&I): −$970
• Tax from tax record: −$175 /mo · $2,105/yr
• Insurance: −$77
• HOA: −$229
• Vacancy / Maint / Mgmt: −$429
• Net cashflow: $163

Break-even live

Break-even rent $1,838

Max offer price $185,000

Occupancy floor 87%

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $229 · $2,748/yr
• Likely covers: pool

Listing history 20 events

1. 2026-06-18
   days on market $185,000 Active 68 DOM
2. 2026-06-17
   days on market $185,000 Active 67 DOM
3. 2026-06-16
   days on market $185,000 Active 66 DOM
4. 2026-06-15
   days on market $185,000 Active 65 DOM
5. 2026-06-13
   days on market $185,000 Active 63 DOM
6. 2026-06-13
   days on market $185,000 Active 62 DOM
7. 2026-06-10
   days on market $185,000 Active 60 DOM
8. 2026-06-09
   days on market $185,000 Active 59 DOM
9. 2026-06-08
   days on market $185,000 Active 58 DOM
10. 2026-06-08
    days on market $185,000 Active 57 DOM
11. 2026-06-05
    days on market $185,000 Active 54 DOM
12. 2026-06-03
    days on market $185,000 Active 53 DOM
13. 2026-06-02
    days on market $185,000 Active 52 DOM
14. 2026-06-01
    days on market $185,000 Active 51 DOM
15. 2026-05-31
    days on market $185,000 Active 50 DOM
16. 2026-04-11
    status Active 2268-char remark

    Show marketing remark (2268 chars)

    Looking for a 55+ mobile home community with lots of activities and amenities? Venice Isle, just off US41, is the place for you. This double wide manufactured home is located on a quiet street and has a nice backyard which many of these homes do not. The Carport is brand new as of early 2025. It houses a lanai area which can be screened in, as well as, a shed which contains a washer/dryer, workbench, and lots of tools. The home has a brand new Carport, newer plumbing, newer roof-over, new flooring, newer bathrooms, and updated kitchen. You can enter the home through the first door which leads you to the kitchen and what was the original Florida Room, or you can enter further down to a door that leads you to the dining room and kitchen. Spacious kitchen with lots of white soft-close cabinets. It includes a dishwasher, stove/range with microwave, refrigerator and cute window above the sink and a sun tunnel above. Counters are solid-surface white with a bar area for parties or a quick bite. Next to the kitchen as you enter is the dining room with a built-in display cabinet and a sun tunnel between the kitchen and dining room. Beyond the dining room is the living room which has been extended by the enclosed Florida Room. Windows in the Public area have lovely custom shades which provide privacy but also filtered light. Flooring is vinyl throughout and both bathrooms have been updated. All furniture conveys, however, there is no bed in the Primary Bedroom. Seller is leaving 3 televisions, furniture, and household items. This home is ready for you to make it your own. This property is located in a No Dog section of Venice Isle; however, 2 cats are permitted. If your not busy at the pool or doing other of the many activities in Venice Isle, you can go to downtown historic Venice which is about 15 minutes away. Going the other direction on US41, you can head to Wellen Park with its 80-acre Grand Lake and nature trails. Cool Today Park with the Atlanta Braves Spring Training Stadium is just 5 minutes from Wellen Park. Enjoy Spring Training and other events there throughout the year. Of course, you have the many Gulf beaches which are are a short drive away. The Sarasota Memorial Hospital, Venice Campus, is just 20 minutes away as well.

17. 2026-04-09
    listed $185,000 2268-char remark

    Show marketing remark (2268 chars)

    Looking for a 55+ mobile home community with lots of activities and amenities? Venice Isle, just off US41, is the place for you. This double wide manufactured home is located on a quiet street and has a nice backyard which many of these homes do not. The Carport is brand new as of early 2025. It houses a lanai area which can be screened in, as well as, a shed which contains a washer/dryer, workbench, and lots of tools. The home has a brand new Carport, newer plumbing, newer roof-over, new flooring, newer bathrooms, and updated kitchen. You can enter the home through the first door which leads you to the kitchen and what was the original Florida Room, or you can enter further down to a door that leads you to the dining room and kitchen. Spacious kitchen with lots of white soft-close cabinets. It includes a dishwasher, stove/range with microwave, refrigerator and cute window above the sink and a sun tunnel above. Counters are solid-surface white with a bar area for parties or a quick bite. Next to the kitchen as you enter is the dining room with a built-in display cabinet and a sun tunnel between the kitchen and dining room. Beyond the dining room is the living room which has been extended by the enclosed Florida Room. Windows in the Public area have lovely custom shades which provide privacy but also filtered light. Flooring is vinyl throughout and both bathrooms have been updated. All furniture conveys, however, there is no bed in the Primary Bedroom. Seller is leaving 3 televisions, furniture, and household items. This home is ready for you to make it your own. This property is located in a No Dog section of Venice Isle; however, 2 cats are permitted. If your not busy at the pool or doing other of the many activities in Venice Isle, you can go to downtown historic Venice which is about 15 minutes away. Going the other direction on US41, you can head to Wellen Park with its 80-acre Grand Lake and nature trails. Cool Today Park with the Atlanta Braves Spring Training Stadium is just 5 minutes from Wellen Park. Enjoy Spring Training and other events there throughout the year. Of course, you have the many Gulf beaches which are are a short drive away. The Sarasota Memorial Hospital, Venice Campus, is just 20 minutes away as well.

18. 2026-04-09
    historical 2268-char remark

    Show marketing remark (2268 chars)

    Looking for a 55+ mobile home community with lots of activities and amenities? Venice Isle, just off US41, is the place for you. This double wide manufactured home is located on a quiet street and has a nice backyard which many of these homes do not. The Carport is brand new as of early 2025. It houses a lanai area which can be screened in, as well as, a shed which contains a washer/dryer, workbench, and lots of tools. The home has a brand new Carport, newer plumbing, newer roof-over, new flooring, newer bathrooms, and updated kitchen. You can enter the home through the first door which leads you to the kitchen and what was the original Florida Room, or you can enter further down to a door that leads you to the dining room and kitchen. Spacious kitchen with lots of white soft-close cabinets. It includes a dishwasher, stove/range with microwave, refrigerator and cute window above the sink and a sun tunnel above. Counters are solid-surface white with a bar area for parties or a quick bite. Next to the kitchen as you enter is the dining room with a built-in display cabinet and a sun tunnel between the kitchen and dining room. Beyond the dining room is the living room which has been extended by the enclosed Florida Room. Windows in the Public area have lovely custom shades which provide privacy but also filtered light. Flooring is vinyl throughout and both bathrooms have been updated. All furniture conveys, however, there is no bed in the Primary Bedroom. Seller is leaving 3 televisions, furniture, and household items. This home is ready for you to make it your own. This property is located in a No Dog section of Venice Isle; however, 2 cats are permitted. If your not busy at the pool or doing other of the many activities in Venice Isle, you can go to downtown historic Venice which is about 15 minutes away. Going the other direction on US41, you can head to Wellen Park with its 80-acre Grand Lake and nature trails. Cool Today Park with the Atlanta Braves Spring Training Stadium is just 5 minutes from Wellen Park. Enjoy Spring Training and other events there throughout the year. Of course, you have the many Gulf beaches which are are a short drive away. The Sarasota Memorial Hospital, Venice Campus, is just 20 minutes away as well.

19. 2013-05-03
    soldstatus $74,500 36-char remark

    Show marketing remark (36 chars)

    great floor plan with loads of space

20. 2012-11-16
    listed $79,500 36-char remark

    Show marketing remark (36 chars)

    great floor plan with loads of space

ⓘ 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: $2,105 · $175/mo
• Projected year-2 tax: $2,105 · $175/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 4/10 Moderate FEMA zone X (unshaded) · 23% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 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: $24,524
• − Mortgage interest: −$10,363
• − Property taxes: −$2,105
• − Insurance: −$925
• − Repairs & maintenance: −$1,962
• − Management: −$1,962
• − HOA: −$2,748
• − Depreciation: −$5,382
• Taxable loss: −$923
• Est. tax savings @ 24.0%: +$221
• After-tax cash flow: $2,175/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 — Venice

• Score: 80/100
• State rank: #129
• US rank: #1925

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Sarasota County · 448,376 people
• City population: 86,541
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 18,677
• Household income: $68,301
• Rent vs Own: 20.3% rent · 79.7% own
• Severe rent burden: 747.0

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 (88%)
• Race & ethnicity: White 88% Two or more races 6% Hispanic / Latino 6% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 5% Italian 3%
• Foreign-born: 11% · Canada
• Languages at home: 88% English-only · Spanish 4% Other Indo-European 2% German/W. Germanic 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: ▼ -329.42%
• Current HPI: 264.6389
• Rent YoY: ▲ 8.78%
• 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

+132.7% since first listed

5 events — show timeline

• 2026-04-11 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-09 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-04-09 Listed $185,000 Stellar MLS as Distributed by MLS Grid
• 2013-05-03 Sold (MLS) $74,500 Stellar MLS as Distributed by MLS Grid
• 2012-11-16 Listed $79,500 Stellar MLS as Distributed by MLS Grid

Property tax history

+8.9%/yr

Latest (2025): $2,105 · +0.2% YoY. Source: county tax records.