7486 Talon Bay Dr · North Port, FL 34287

$388,000

3 bd · 2.0 ba · 1,986 sqft · SingleFamily public records · 134 Days on market

Built 2015 6,886 sqft lot $195/sqft · 14% below area Est $451k · 14% under $232/mo HOA · 8% of rent

---

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 +13.8/15.0
• Cash flow +7.1/30.0
• Schools +5.4/10.0
• Livability +3.8/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• DSCR +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

3D VIRTUAL TOUR Welcome to Talon Bay, a gated, active-lifestyle community surrounded by more than 100 acres of lush landscaping, sparkling lakes, and protected nature preserves. This beautifully designed residence offers the perfect blend of resort-style amenities and peaceful Florida living, all just minutes from the best of Wellen Park and the Gulf Coast. From the moment you arrive, the tropical curb appeal sets the tone. Mature palms, manicured lawn, decorative curbing, and colorful plantings frame the home, while the screened front porch provides a welcoming entry. Inside, over 1,900 square feet of thoughtfully planned living space unfolds with high ceilings, graceful archways, rounded corners, and an open floor plan designed for both comfort and entertaining. The gourmet kitchen is the heart of the home, featuring stainless steel appliances, granite countertops, solid wood cabinetry with decorative molding, recessed lighting, and a closet pantry. A large center island with breakfast bar and pendant lighting overlooks the spacious Great Room, creating an ideal gathering space for family and friends. The adjoining dining area offers lovely views and the perfect place to enjoy morning coffee or evening meals. The primary suite is a private retreat with tray ceilings, dual walk-in closets, and tranquil lake and preserve views to start each day. The spa-inspired ensuite bath includes a Roman walk-in shower with built-in bench, garden tub, dual sinks, makeup vanity, and private water closet. Bedrooms two and three are located on the opposite side of the home, each with ceiling fans, ample closet space, and luxury vinyl flooring, with a well-appointed guest bath conveniently between them. A versatile den with French doors can serve as a fourth bedroom, home office, craft room, or media space. Triple cascading sliders open to an oversized screened lanai where indoor and outdoor living blend seamlessly. Backing to a lake with preserve, this peaceful setting is perfect for birdwatching, outdoor dining, or relaxing with an evening drink while enjoying Florida water and wildlife from your own backyard. Do you need anymore reasons to love this home? How about this peace of mind - Hurricane shutters and a 17.5kw wired portable generator being included in the sale! Talon Bay offers exceptional amenities including a clubhouse with fitness center, heated resort pool, tennis courts, covered grilling area, kayak and canoe launch to Myakkahatchee Creek, and miles of scenic walking and biking paths winding around six lakes and 15 acres of preserved land. With low HOA fees and no CDD, this community provides outstanding value. Ideally located just minutes from Downtown Wellen Park, CoolToday Park, Venice Beach, Manasota Key, championship golf, dining, and shopping, this home delivers the perfect balance of convenience and natural beauty. Experience a lifestyle you will truly love.

Key facts

• Gated community
• Screened front porch
• Tropical curb appeal

Tags

• GATED COMMUNITY
• LUSH LANDSCAPING
• SPARKLING LAKES
• PROTECTED NATURE PRESERVES
• TROPICAL CURB APPEAL
• SCREENED FRONT PORCH

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $388k.

Deal economics

• At list price, monthly cash flow is $-622 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $278k (28.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $283k (27.1% below list).
• Recommended offer: $278k (28.3% below list) — sets the bar for cash-flow.
• Cap rate 4.6% vs local median 3.8% in North Port — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 75/100 on livability (#252 in FL, #3,975 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: 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.
• Zoned schools: Lamarque Elementary School (math 61% / reading 58%, grade B-, #690 of 2,144 statewide, top 34%, 1,073 students, 68% FRL); Heron Creek Middle School (math 54% / reading 52%, grade C+, #209 of 571 statewide, top 37%, 902 students, 72% FRL); North Port High School (math 44% / reading 57%, grade D+, #171 of 667 statewide, top 26%, 2,562 students, 54% FRL) — zoned schools average 65% FRL vs 42% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 857 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• At $2,827/mo this rent would consume 53% of the median local household income ($63k/yr) (locally 522% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k 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 134 days — a 12% lower offer ($341k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $247k; list at $388k implies a 57% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $278,203 (28.3% 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 134 days. Have you received any prior offers? Is the seller open to a 28% 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 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?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 0.73% ✗
• Cap rate: 4.58%
• Cash-on-cash: -6.13%
• DSCR: 0.73
• GRM: 11.4

CMA / ARV

• ARV (median comp): $450,958
• List price: $388,000
• Delta: -13.96%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -31.5%
• Equity multiple: -0.01×
• Total profit: $-109,895
• Equity at exit: $57,852

10-year hold

• IRR: -55.6%
• Equity multiple: -0.62×
• Total profit: $-175,528
• Equity at exit: $33,547

Cash invested: $108,640 (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: 857
• Price-to-rent: 11.4×

Monthly cashflow live

• Estimated rent: $2,827 medium
• Mortgage (P&I): −$2,035
• Tax from tax record: −$360 /mo · $4,318/yr
• Insurance: −$162
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$232
• Vacancy / Maint / Mgmt: −$594
• Net cashflow: $-622

Break-even live

Break-even rent $3,614

Max offer price $278,203

Occupancy floor —

Sensitivity live

Price	-10% $-402	-5% $-512	+0% $-622	+5% $-731	+10% $-841
Rent	-10% $-845	-5% $-733	+0% $-622	+5% $-510	+10% $-398
Rate	-1.0pp $-426	-0.5pp $-523	base $-622	+0.5pp $-722	+1.0pp $-824

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: $97,000
• Closing costs: $11,640
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15 Ramblewood St Port Charlotte, FL	4.0	3.0	1795	$2,200	$1.23	23d	1	0.51mi
170 Saluda Ter Port Charlotte, FL	3.0	2.0	1680	$3,100	$1.85	23d	1	1.29mi
297 Cheshire St Port Charlotte, FL	4.0	4.0	2134	$3,695	$1.73	23d	1	1.38mi
1082 March Dr Port Charlotte, FL	3.0	2.0	1989	$4,500	$2.26	23d	1	1.47mi

HOA detail

• Monthly dues: $232 · $2,784/yr
• Likely covers: waterlandscapingpoolgymsecurity

Listing history 20 events

1. 2026-06-21
   days on market $388,000 Active 134 DOM
2. 2026-06-18
   days on market $388,000 Active 131 DOM
3. 2026-06-17
   days on market $388,000 Active 130 DOM
4. 2026-06-16
   days on market $388,000 Active 129 DOM
5. 2026-06-15
   days on market $388,000 Active 128 DOM
6. 2026-06-13
   days on market $388,000 Active 126 DOM
7. 2026-06-13
   days on market $388,000 Active 125 DOM
8. 2026-06-10
   days on market $388,000 Active 123 DOM
9. 2026-06-09
   days on market $388,000 Active 122 DOM
10. 2026-06-08
    days on market $388,000 Active 121 DOM
11. 2026-06-08
    days on market $388,000 Active 120 DOM
12. 2026-06-05
    days on market $388,000 Active 117 DOM
13. 2026-06-03
    days on market $388,000 Active 116 DOM
14. 2026-06-02
    days on market $388,000 Active 115 DOM
15. 2026-06-01
    days on market $388,000 Active 114 DOM
16. 2026-05-31
    days on market $388,000 Active 113 DOM
17. 2026-05-15
    price $388,000 2916-char remark

    Show marketing remark (2916 chars)

    3D VIRTUAL TOUR Welcome to Talon Bay, a gated, active-lifestyle community surrounded by more than 100 acres of lush landscaping, sparkling lakes, and protected nature preserves. This beautifully designed residence offers the perfect blend of resort-style amenities and peaceful Florida living, all just minutes from the best of Wellen Park and the Gulf Coast. From the moment you arrive, the tropical curb appeal sets the tone. Mature palms, manicured lawn, decorative curbing, and colorful plantings frame the home, while the screened front porch provides a welcoming entry. Inside, over 1,900 square feet of thoughtfully planned living space unfolds with high ceilings, graceful archways, rounded corners, and an open floor plan designed for both comfort and entertaining. The gourmet kitchen is the heart of the home, featuring stainless steel appliances, granite countertops, solid wood cabinetry with decorative molding, recessed lighting, and a closet pantry. A large center island with breakfast bar and pendant lighting overlooks the spacious Great Room, creating an ideal gathering space for family and friends. The adjoining dining area offers lovely views and the perfect place to enjoy morning coffee or evening meals. The primary suite is a private retreat with tray ceilings, dual walk-in closets, and tranquil lake and preserve views to start each day. The spa-inspired ensuite bath includes a Roman walk-in shower with built-in bench, garden tub, dual sinks, makeup vanity, and private water closet. Bedrooms two and three are located on the opposite side of the home, each with ceiling fans, ample closet space, and luxury vinyl flooring, with a well-appointed guest bath conveniently between them. A versatile den with French doors can serve as a fourth bedroom, home office, craft room, or media space. Triple cascading sliders open to an oversized screened lanai where indoor and outdoor living blend seamlessly. Backing to a lake with preserve, this peaceful setting is perfect for birdwatching, outdoor dining, or relaxing with an evening drink while enjoying Florida water and wildlife from your own backyard. Do you need anymore reasons to love this home? How about this peace of mind - Hurricane shutters and a 17.5kw wired portable generator being included in the sale! Talon Bay offers exceptional amenities including a clubhouse with fitness center, heated resort pool, tennis courts, covered grilling area, kayak and canoe launch to Myakkahatchee Creek, and miles of scenic walking and biking paths winding around six lakes and 15 acres of preserved land. With low HOA fees and no CDD, this community provides outstanding value. Ideally located just minutes from Downtown Wellen Park, CoolToday Park, Venice Beach, Manasota Key, championship golf, dining, and shopping, this home delivers the perfect balance of convenience and natural beauty. Experience a lifestyle you will truly love.

18. 2026-03-18
    price $399,900 2916-char remark

    Show marketing remark (2916 chars)

    3D VIRTUAL TOUR Welcome to Talon Bay, a gated, active-lifestyle community surrounded by more than 100 acres of lush landscaping, sparkling lakes, and protected nature preserves. This beautifully designed residence offers the perfect blend of resort-style amenities and peaceful Florida living, all just minutes from the best of Wellen Park and the Gulf Coast. From the moment you arrive, the tropical curb appeal sets the tone. Mature palms, manicured lawn, decorative curbing, and colorful plantings frame the home, while the screened front porch provides a welcoming entry. Inside, over 1,900 square feet of thoughtfully planned living space unfolds with high ceilings, graceful archways, rounded corners, and an open floor plan designed for both comfort and entertaining. The gourmet kitchen is the heart of the home, featuring stainless steel appliances, granite countertops, solid wood cabinetry with decorative molding, recessed lighting, and a closet pantry. A large center island with breakfast bar and pendant lighting overlooks the spacious Great Room, creating an ideal gathering space for family and friends. The adjoining dining area offers lovely views and the perfect place to enjoy morning coffee or evening meals. The primary suite is a private retreat with tray ceilings, dual walk-in closets, and tranquil lake and preserve views to start each day. The spa-inspired ensuite bath includes a Roman walk-in shower with built-in bench, garden tub, dual sinks, makeup vanity, and private water closet. Bedrooms two and three are located on the opposite side of the home, each with ceiling fans, ample closet space, and luxury vinyl flooring, with a well-appointed guest bath conveniently between them. A versatile den with French doors can serve as a fourth bedroom, home office, craft room, or media space. Triple cascading sliders open to an oversized screened lanai where indoor and outdoor living blend seamlessly. Backing to a lake with preserve, this peaceful setting is perfect for birdwatching, outdoor dining, or relaxing with an evening drink while enjoying Florida water and wildlife from your own backyard. Do you need anymore reasons to love this home? How about this peace of mind - Hurricane shutters and a 17.5kw wired portable generator being included in the sale! Talon Bay offers exceptional amenities including a clubhouse with fitness center, heated resort pool, tennis courts, covered grilling area, kayak and canoe launch to Myakkahatchee Creek, and miles of scenic walking and biking paths winding around six lakes and 15 acres of preserved land. With low HOA fees and no CDD, this community provides outstanding value. Ideally located just minutes from Downtown Wellen Park, CoolToday Park, Venice Beach, Manasota Key, championship golf, dining, and shopping, this home delivers the perfect balance of convenience and natural beauty. Experience a lifestyle you will truly love.

19. 2026-02-07
    listed $405,000 Active 2916-char remark

    Show marketing remark (2916 chars)

    3D VIRTUAL TOUR Welcome to Talon Bay, a gated, active-lifestyle community surrounded by more than 100 acres of lush landscaping, sparkling lakes, and protected nature preserves. This beautifully designed residence offers the perfect blend of resort-style amenities and peaceful Florida living, all just minutes from the best of Wellen Park and the Gulf Coast. From the moment you arrive, the tropical curb appeal sets the tone. Mature palms, manicured lawn, decorative curbing, and colorful plantings frame the home, while the screened front porch provides a welcoming entry. Inside, over 1,900 square feet of thoughtfully planned living space unfolds with high ceilings, graceful archways, rounded corners, and an open floor plan designed for both comfort and entertaining. The gourmet kitchen is the heart of the home, featuring stainless steel appliances, granite countertops, solid wood cabinetry with decorative molding, recessed lighting, and a closet pantry. A large center island with breakfast bar and pendant lighting overlooks the spacious Great Room, creating an ideal gathering space for family and friends. The adjoining dining area offers lovely views and the perfect place to enjoy morning coffee or evening meals. The primary suite is a private retreat with tray ceilings, dual walk-in closets, and tranquil lake and preserve views to start each day. The spa-inspired ensuite bath includes a Roman walk-in shower with built-in bench, garden tub, dual sinks, makeup vanity, and private water closet. Bedrooms two and three are located on the opposite side of the home, each with ceiling fans, ample closet space, and luxury vinyl flooring, with a well-appointed guest bath conveniently between them. A versatile den with French doors can serve as a fourth bedroom, home office, craft room, or media space. Triple cascading sliders open to an oversized screened lanai where indoor and outdoor living blend seamlessly. Backing to a lake with preserve, this peaceful setting is perfect for birdwatching, outdoor dining, or relaxing with an evening drink while enjoying Florida water and wildlife from your own backyard. Do you need anymore reasons to love this home? How about this peace of mind - Hurricane shutters and a 17.5kw wired portable generator being included in the sale! Talon Bay offers exceptional amenities including a clubhouse with fitness center, heated resort pool, tennis courts, covered grilling area, kayak and canoe launch to Myakkahatchee Creek, and miles of scenic walking and biking paths winding around six lakes and 15 acres of preserved land. With low HOA fees and no CDD, this community provides outstanding value. Ideally located just minutes from Downtown Wellen Park, CoolToday Park, Venice Beach, Manasota Key, championship golf, dining, and shopping, this home delivers the perfect balance of convenience and natural beauty. Experience a lifestyle you will truly love.

20. 2015-08-11
    soldstatus $246,900

ⓘ 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: $4,318 · $360/mo
• Projected year-2 tax: $4,318 · $360/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 8/10 Severe FEMA zone X (shaded) · 97% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 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: $33,921
• − Mortgage interest: −$21,734
• − Property taxes: −$4,318
• − Insurance: −$2,738
• − Repairs & maintenance: −$2,714
• − Management: −$2,714
• − HOA: −$2,784
• − Depreciation: −$11,287
• Taxable loss: −$14,367
• Est. tax savings @ 24.0%: +$3,448
• After-tax cash flow: $-4,010/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 — North Port

• Score: 75/100
• State rank: #252
• US rank: #3975

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Port, FL
• County: Sarasota County · 448,376 people
• City population: 75,324
• 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

+57.1% since first listed

4 events — show timeline

• 2026-05-15 Price Changed $388,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-18 Price Changed $399,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-07 Listed $405,000 Stellar MLS as Distributed by MLS Grid
• 2015-08-11 Sold (Public Records) $246,900 Public Records

Property tax history

+21.5%/yr

Latest (2025): $4,318 · +3.5% YoY. Source: county tax records.