1800 Englewood Rd #35 · Englewood, FL 34223

$79,000

2 bd · 1.0 ba · 672 sqft · Manufactured public records · 119 Days on market

Built 1970 3,474 sqft lot $130/mo HOA · 6% of rent

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• Rent growth +4.8/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Oak Grove! This beautifully updated 2-bedroom, 1-bath home is located in the desirable 55+ Oak Grove community in Englewood. Light and bright, the home offers a comfortable, functional layout designed for easy Florida living. Major updates completed just three years ago include the roof, kitchen, subfloor, flooring, cabinets, countertops, stove, patio roof, carport, and a modern walk-in shower. Recent improvements such as a new insulated duct return and toilet provide added comfort and efficiency. The home is being sold fully furnished and is move-in ready. Oak Grove is a resident-owned cooperative mobile home and RV park where homeowners are members and shareholders of the association. Community amenities include a heated/cooled pool with an expanded deck and new cage (2024), recreation hall, lending library, laundry facilities, shuffleboard courts, billiards, butterfly garden, and dog walking area, along with regular social events and activities. Ideally located near Manasota Beach, Dearborn Street, shopping, dining, and local entertainment, this home offers both convenience and an active lifestyle. Schedule your private showing today!

Key facts

• Expanded deck
• Shuffleboard courts
• Heated cooled pool

Tags

• UPDATED ROOF
• UPDATED KITCHEN
• MODERN WALK-IN SHOWER
• HEATED COOLED POOL
• EXPANDED DECK
• SHUFFLEBOARD COURTS

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $79k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $79k).
• Recommended offer: $72k (9.0% below list) — sets the bar for market timing.
• Cap rate 23.5% vs local median 3.8% in Englewood — 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 73/100 on livability (#321 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, health & safety A; Watch: employment C-, 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 rising fast (+9.0%/yr); 717 active listings in the ZIP; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 35% of the median local income ($76k/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 $546 of loan paydown is wiped out by about $2k 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 $22k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 119 days — a 9% lower offer ($72k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 13y ago; this cycle's ask has dropped $20k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $27k; list at $79k implies a 193% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $71,890 (9.0% below list)

Questions for the listing agent

1. It's been on market 119 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1970 — 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: 2.83% ✓
• Cap rate: 23.55%
• Cash-on-cash: 61.63%
• DSCR: 3.74
• GRM: 2.9

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: 66.4%
• Equity multiple: 4.23×
• Total profit: $71,454
• Equity at exit: $11,779

10-year hold

• IRR: 72.3%
• Equity multiple: 10.47×
• Total profit: $209,504
• Equity at exit: $6,830

Cash invested: $22,120 (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 34223

• Home prices YoY: -34.2%
• Rents YoY: 9.0%
• Active inventory: 717
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $2,235 medium
• Mortgage (P&I): −$414
• Tax from tax record: −$53 /mo · $632/yr
• Insurance: −$33
• HOA: −$130
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $1,136

Break-even live

Break-even rent $797

Max offer price $79,000

Occupancy floor 44%

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: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $130 · $1,560/yr
• Likely covers: pool

Listing history 23 events

1. 2026-06-18
   days on market $79,000 Active 119 DOM
2. 2026-06-17
   days on market $79,000 Active 118 DOM
3. 2026-06-16
   days on market $79,000 Active 117 DOM
4. 2026-06-15
   days on market $79,000 Active 116 DOM
5. 2026-06-13
   days on market $79,000 Active 114 DOM
6. 2026-06-13
   days on market $79,000 Active 113 DOM
7. 2026-06-10
   days on market $79,000 Active 111 DOM
8. 2026-06-09
   days on market $79,000 Active 110 DOM
9. 2026-06-08
   days on market $79,000 Active 109 DOM
10. 2026-06-08
    days on market $79,000 Active 108 DOM
11. 2026-06-05
    days on market $79,000 Active 105 DOM
12. 2026-06-03
    days on market $79,000 Active 104 DOM
13. 2026-06-02
    days on market $79,000 Active 103 DOM
14. 2026-06-01
    days on market $79,000 Active 102 DOM
15. 2026-05-31
    days on market $79,000 Active 101 DOM
16. 2026-05-02
    status Active 1166-char remark

    Show marketing remark (1166 chars)

    Welcome to Oak Grove! This beautifully updated 2-bedroom, 1-bath home is located in the desirable 55+ Oak Grove community in Englewood. Light and bright, the home offers a comfortable, functional layout designed for easy Florida living. Major updates completed just three years ago include the roof, kitchen, subfloor, flooring, cabinets, countertops, stove, patio roof, carport, and a modern walk-in shower. Recent improvements such as a new insulated duct return and toilet provide added comfort and efficiency. The home is being sold fully furnished and is move-in ready. Oak Grove is a resident-owned cooperative mobile home and RV park where homeowners are members and shareholders of the association. Community amenities include a heated/cooled pool with an expanded deck and new cage (2024), recreation hall, lending library, laundry facilities, shuffleboard courts, billiards, butterfly garden, and dog walking area, along with regular social events and activities. Ideally located near Manasota Beach, Dearborn Street, shopping, dining, and local entertainment, this home offers both convenience and an active lifestyle. Schedule your private showing today!

17. 2026-05-01
    historical 1166-char remark

    Show marketing remark (1166 chars)

    Welcome to Oak Grove! This beautifully updated 2-bedroom, 1-bath home is located in the desirable 55+ Oak Grove community in Englewood. Light and bright, the home offers a comfortable, functional layout designed for easy Florida living. Major updates completed just three years ago include the roof, kitchen, subfloor, flooring, cabinets, countertops, stove, patio roof, carport, and a modern walk-in shower. Recent improvements such as a new insulated duct return and toilet provide added comfort and efficiency. The home is being sold fully furnished and is move-in ready. Oak Grove is a resident-owned cooperative mobile home and RV park where homeowners are members and shareholders of the association. Community amenities include a heated/cooled pool with an expanded deck and new cage (2024), recreation hall, lending library, laundry facilities, shuffleboard courts, billiards, butterfly garden, and dog walking area, along with regular social events and activities. Ideally located near Manasota Beach, Dearborn Street, shopping, dining, and local entertainment, this home offers both convenience and an active lifestyle. Schedule your private showing today!

18. 2026-04-22
    price $79,000 1166-char remark

    Show marketing remark (1166 chars)

    Welcome to Oak Grove! This beautifully updated 2-bedroom, 1-bath home is located in the desirable 55+ Oak Grove community in Englewood. Light and bright, the home offers a comfortable, functional layout designed for easy Florida living. Major updates completed just three years ago include the roof, kitchen, subfloor, flooring, cabinets, countertops, stove, patio roof, carport, and a modern walk-in shower. Recent improvements such as a new insulated duct return and toilet provide added comfort and efficiency. The home is being sold fully furnished and is move-in ready. Oak Grove is a resident-owned cooperative mobile home and RV park where homeowners are members and shareholders of the association. Community amenities include a heated/cooled pool with an expanded deck and new cage (2024), recreation hall, lending library, laundry facilities, shuffleboard courts, billiards, butterfly garden, and dog walking area, along with regular social events and activities. Ideally located near Manasota Beach, Dearborn Street, shopping, dining, and local entertainment, this home offers both convenience and an active lifestyle. Schedule your private showing today!

19. 2026-03-31
    price $94,000 1166-char remark

    Show marketing remark (1166 chars)

    Welcome to Oak Grove! This beautifully updated 2-bedroom, 1-bath home is located in the desirable 55+ Oak Grove community in Englewood. Light and bright, the home offers a comfortable, functional layout designed for easy Florida living. Major updates completed just three years ago include the roof, kitchen, subfloor, flooring, cabinets, countertops, stove, patio roof, carport, and a modern walk-in shower. Recent improvements such as a new insulated duct return and toilet provide added comfort and efficiency. The home is being sold fully furnished and is move-in ready. Oak Grove is a resident-owned cooperative mobile home and RV park where homeowners are members and shareholders of the association. Community amenities include a heated/cooled pool with an expanded deck and new cage (2024), recreation hall, lending library, laundry facilities, shuffleboard courts, billiards, butterfly garden, and dog walking area, along with regular social events and activities. Ideally located near Manasota Beach, Dearborn Street, shopping, dining, and local entertainment, this home offers both convenience and an active lifestyle. Schedule your private showing today!

20. 2026-02-18
    listed $99,000 Active 1166-char remark

    Show marketing remark (1166 chars)

    Welcome to Oak Grove! This beautifully updated 2-bedroom, 1-bath home is located in the desirable 55+ Oak Grove community in Englewood. Light and bright, the home offers a comfortable, functional layout designed for easy Florida living. Major updates completed just three years ago include the roof, kitchen, subfloor, flooring, cabinets, countertops, stove, patio roof, carport, and a modern walk-in shower. Recent improvements such as a new insulated duct return and toilet provide added comfort and efficiency. The home is being sold fully furnished and is move-in ready. Oak Grove is a resident-owned cooperative mobile home and RV park where homeowners are members and shareholders of the association. Community amenities include a heated/cooled pool with an expanded deck and new cage (2024), recreation hall, lending library, laundry facilities, shuffleboard courts, billiards, butterfly garden, and dog walking area, along with regular social events and activities. Ideally located near Manasota Beach, Dearborn Street, shopping, dining, and local entertainment, this home offers both convenience and an active lifestyle. Schedule your private showing today!

21. 2013-04-26
    soldstatus $27,000 390-char remark

    Show marketing remark (390 chars)

    Come see this bright, clean, 2 bedroom, 1 bath unit in this great park with friendly neighbors. Spend your days at the pool or play shuffle board, bocce ball. Lots of activities in the club house ! This unit is perfect as your Florida vacation get-away, or enjoy your new place year round. This unit comes fully furnished, ready for new owners. This is a 55+, pet friendly park. FREE WiFi !

22. 2013-03-12
    listed $31,900 390-char remark

    Show marketing remark (390 chars)

    Come see this bright, clean, 2 bedroom, 1 bath unit in this great park with friendly neighbors. Spend your days at the pool or play shuffle board, bocce ball. Lots of activities in the club house ! This unit is perfect as your Florida vacation get-away, or enjoy your new place year round. This unit comes fully furnished, ready for new owners. This is a 55+, pet friendly park. FREE WiFi !

23. 1998-03-03
    soldstatus $19,000

ⓘ 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: $632 · $53/mo
• Projected year-2 tax: $656 · $55/mo
• Expected delta: +$24/yr (+$2/mo · 3.8%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (shaded) · 50% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,824
• − Mortgage interest: −$4,425
• − Property taxes: −$632
• − Insurance: −$395
• − Repairs & maintenance: −$2,146
• − Management: −$2,146
• − HOA: −$1,560
• − Depreciation: −$2,298
• Taxable income: $13,222
• Est. tax owed @ 24.0%: −$3,173
• After-tax cash flow: $10,459/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 — Englewood

• Score: 73/100
• State rank: #321
• US rank: #5655

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Englewood, FL
• County: Sarasota County · 448,376 people
• City population: 35,420
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 19,884
• Household income: $76,016
• Rent vs Own: 12.5% rent · 87.5% own
• Severe rent burden: 290.0

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 (94%)
• Race & ethnicity: White 94% Two or more races 3% Hispanic / Latino 3% Asian 1%
• Common ancestry: Romanian 7% Lithuanian 4% Iranian 2%
• Foreign-born: 9% · Canada
• Languages at home: 94% English-only · German/W. Germanic 2% Spanish 1% Other Indo-European 1%

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: ▼ -146.26%
• Current HPI: 281.0529
• Rent YoY: ▲ 9.02%
• 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

+315.8% since first listed

8 events — show timeline

• 2026-05-02 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-01 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-04-22 Price Changed $79,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-31 Price Changed $94,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-18 Listed $99,000 Stellar MLS as Distributed by MLS Grid
• 2013-04-26 Sold (MLS) $27,000 Stellar MLS as Distributed by MLS Grid
• 2013-03-12 Listed $31,900 Stellar MLS as Distributed by MLS Grid
• 1998-03-03 Sold (Public Records) $19,000 Public Records

Property tax history

-0.0%/yr

Latest (2025): $632 · +5.2% YoY. Source: county tax records.