4747 Watkins Ave · South Gate Ridge, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +12.7/30.0
- ARV discount +7.5/15.0
- Schools +5.4/10.0
- DSCR +3.8/10.0
- Livability +3.6/5.0
- 1% rule +2.9/10.0
- Condition / age +2.5/5.0
- Rent growth +2.2/5.0
- Appreciation +0.0/10.0
$288,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
3-D VIRTUAL TOUR (View this before seeing in-person), 2020 ROOF Coming, 2020 A/C. .. 2 BED, 1 BATH, 1 CAR GARAGE, LARGE FENCED YARD, FRONT AND BACK SCREENED LANAIS, OAK LINED STREETS, GREAT CENTRAL LOCATION, MOVE-IN READY. .. Located in a quiet neighborhood with oak lined streets, you'll fall in love with this spacious and open home. The living and dining rooms have space to entertain and extra hallway closets provide plenty of storage. The kitchen with it's 3-seat counter top has a large single basin stainless sink, dishwasher, range, and refrigerator. The kitchen opens to the laundry/mud room with built-in cabinets, wash basin, and full size washer and dryer. The Laundry leads out to both the garage and back porch. The master bedroom comfortably accommodates a king size bed and furniture set, though is currently used as a nursery and guest bedroom. The 2nd bedroom has extra closet and accommodates a queen size bed and furniture set. The bathroom has a tub shower combo with sliding glass shower door. The 1 car garage is currently used for storage. The fully fenced backyard has plenty of room for a pool and/or playground and shaded by grand oak trees. Centrally located to take advantage of Sarasota's many attractions this home is within a mile of pharmacies, grocery stores, many restaurants, and is within 5 miles of world famous Siesta Key beach and 10 miles of the University Town Center Mall. What an incredible value!
Key facts
- Screened front porch
- Three seat snack bar
- Open floor plan
Tags
Property features AI
Finance
- Other: Property type: Residential, single-family; Zoning: RSF3; Lot about 0.13 acres (0 to less than 1/4 acre)
- Financial info: No lease restrictions; Homestead status indicated
- HOA & community: No HOA association indicated
Exterior
- Parking: Attached garage with 1 garage space
- Utilities: Public water; Septic tank sewer; Electricity connected
- Home design: Single-family residence; One story; Faces east
- Construction: Block construction; Shingle roof; Built on a slab
- Exterior features: Front porch; Patio; Screened porch; Asphalt road access
Interior
- Kitchen: Dishwasher; Range; Microwave; Refrigerator; Electric water heater
- Bedrooms: 3 bedrooms
- Flooring: Ceramic tile; Slab foundation
- Bathrooms: 1 full bathroom
- Heating & cooling: Central heating (electric); Central air conditioning
- Interior features: Ceiling fans; Living room and dining room combo; Open floorplan; Split bedroom layout
- Laundry & utility: Inside laundry room; Washer; Dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $288k.
Deal economics
- At list price, monthly cash flow is $-29 ($-354/yr) — negative.
- To cash-flow at today's rent, offer at most $283k (1.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $227k (21.3% below list).
- Recommended offer: $227k (21.3% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 71/100 on livability (#394 in FL) — 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: Wilkinson Elementary School (math 43% / reading 43%, grade F, #1,366 of 2,144 statewide, top 64%, 460 students, 77% FRL); Riverview High School (math 61% / reading 65%, grade B-, #89 of 667 statewide, top 14%, 2,597 students, 35% FRL).
- Market conditions: Rents soft (-1.4%/yr); 159 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 36% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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 16 days — a 2% lower offer ($284k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 21y 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 $190k; list at $288k implies a 52% 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.79% ✗
- Cap rate
- 6.17%
- Cash-on-cash
- -0.44%
- DSCR
- 0.98
- GRM
- 10.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -20.2%
- Equity multiple
- 0.31×
- Total profit
- $-55,258
- Equity at exit
- $42,942
- IRR
- -20.7%
- Equity multiple
- 0.05×
- Total profit
- $-76,488
- Equity at exit
- $24,901
Cash invested: $80,640 (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
ZIP-level market 34233
- Rents YoY
- -1.4%
- Active inventory
- 159
- Price-to-rent
- 10.6×
Monthly cashflow live
- Estimated rent
- $2,266 medium interval (Pro) →
- Mortgage (P&I)
- −$1,510
- Tax from tax record
- −$189 /mo · $2,272/yr
- Insurance
- −$120
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$476
- Net cashflow
- $-29
Break-even live
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
- $72,000
- Closing costs
- $8,640
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 28 events
-
2026-06-16statusdays on market $288,000 Pending 16 DOM
-
2026-06-15days on market $288,000 Active 15 DOM
-
2026-06-13pricedays on market $288,000 Active 13 DOM
-
2026-06-13days on market $289,900 Active 12 DOM
-
2026-06-10pricedays on market $289,900 Active 10 DOM
-
2026-06-09days on market $295,000 Active 9 DOM
-
2026-06-08status $295,000 Active 8 DOM
-
2026-05-21$295,000 Active
-
2020-06-16historical 1442-char remark
Show marketing remark (1442 chars)
3-D VIRTUAL TOUR (View this before seeing in-person), 2020 ROOF Coming, 2020 A/C. .. 2 BED, 1 BATH, 1 CAR GARAGE, LARGE FENCED YARD, FRONT AND BACK SCREENED LANAIS, OAK LINED STREETS, GREAT CENTRAL LOCATION, MOVE-IN READY. .. Located in a quiet neighborhood with oak lined streets, you'll fall in love with this spacious and open home. The living and dining rooms have space to entertain and extra hallway closets provide plenty of storage. The kitchen with it's 3-seat counter top has a large single basin stainless sink, dishwasher, range, and refrigerator. The kitchen opens to the laundry/mud room with built-in cabinets, wash basin, and full size washer and dryer. The Laundry leads out to both the garage and back porch. The master bedroom comfortably accommodates a king size bed and furniture set, though is currently used as a nursery and guest bedroom. The 2nd bedroom has extra closet and accommodates a queen size bed and furniture set. The bathroom has a tub shower combo with sliding glass shower door. The 1 car garage is currently used for storage. The fully fenced backyard has plenty of room for a pool and/or playground and shaded by grand oak trees. Centrally located to take advantage of Sarasota's many attractions this home is within a mile of pharmacies, grocery stores, many restaurants, and is within 5 miles of world famous Siesta Key beach and 10 miles of the University Town Center Mall. What an incredible value!
-
2020-06-15soldstatus $189,900 Sold 1442-char remark
Show marketing remark (1442 chars)
3-D VIRTUAL TOUR (View this before seeing in-person), 2020 ROOF Coming, 2020 A/C. .. 2 BED, 1 BATH, 1 CAR GARAGE, LARGE FENCED YARD, FRONT AND BACK SCREENED LANAIS, OAK LINED STREETS, GREAT CENTRAL LOCATION, MOVE-IN READY. .. Located in a quiet neighborhood with oak lined streets, you'll fall in love with this spacious and open home. The living and dining rooms have space to entertain and extra hallway closets provide plenty of storage. The kitchen with it's 3-seat counter top has a large single basin stainless sink, dishwasher, range, and refrigerator. The kitchen opens to the laundry/mud room with built-in cabinets, wash basin, and full size washer and dryer. The Laundry leads out to both the garage and back porch. The master bedroom comfortably accommodates a king size bed and furniture set, though is currently used as a nursery and guest bedroom. The 2nd bedroom has extra closet and accommodates a queen size bed and furniture set. The bathroom has a tub shower combo with sliding glass shower door. The 1 car garage is currently used for storage. The fully fenced backyard has plenty of room for a pool and/or playground and shaded by grand oak trees. Centrally located to take advantage of Sarasota's many attractions this home is within a mile of pharmacies, grocery stores, many restaurants, and is within 5 miles of world famous Siesta Key beach and 10 miles of the University Town Center Mall. What an incredible value!
-
2020-06-15soldstatus $189,900
Show marketing remark (1442 chars)
3-D VIRTUAL TOUR (View this before seeing in-person), 2020 ROOF Coming, 2020 A/C. .. 2 BED, 1 BATH, 1 CAR GARAGE, LARGE FENCED YARD, FRONT AND BACK SCREENED LANAIS, OAK LINED STREETS, GREAT CENTRAL LOCATION, MOVE-IN READY. .. Located in a quiet neighborhood with oak lined streets, you'll fall in love with this spacious and open home. The living and dining rooms have space to entertain and extra hallway closets provide plenty of storage. The kitchen with it's 3-seat counter top has a large single basin stainless sink, dishwasher, range, and refrigerator. The kitchen opens to the laundry/mud room with built-in cabinets, wash basin, and full size washer and dryer. The Laundry leads out to both the garage and back porch. The master bedroom comfortably accommodates a king size bed and furniture set, though is currently used as a nursery and guest bedroom. The 2nd bedroom has extra closet and accommodates a queen size bed and furniture set. The bathroom has a tub shower combo with sliding glass shower door. The 1 car garage is currently used for storage. The fully fenced backyard has plenty of room for a pool and/or playground and shaded by grand oak trees. Centrally located to take advantage of Sarasota's many attractions this home is within a mile of pharmacies, grocery stores, many restaurants, and is within 5 miles of world famous Siesta Key beach and 10 miles of the University Town Center Mall. What an incredible value!
-
2020-05-09status Pending 1442-char remark
Show marketing remark (1442 chars)
3-D VIRTUAL TOUR (View this before seeing in-person), 2020 ROOF Coming, 2020 A/C. .. 2 BED, 1 BATH, 1 CAR GARAGE, LARGE FENCED YARD, FRONT AND BACK SCREENED LANAIS, OAK LINED STREETS, GREAT CENTRAL LOCATION, MOVE-IN READY. .. Located in a quiet neighborhood with oak lined streets, you'll fall in love with this spacious and open home. The living and dining rooms have space to entertain and extra hallway closets provide plenty of storage. The kitchen with it's 3-seat counter top has a large single basin stainless sink, dishwasher, range, and refrigerator. The kitchen opens to the laundry/mud room with built-in cabinets, wash basin, and full size washer and dryer. The Laundry leads out to both the garage and back porch. The master bedroom comfortably accommodates a king size bed and furniture set, though is currently used as a nursery and guest bedroom. The 2nd bedroom has extra closet and accommodates a queen size bed and furniture set. The bathroom has a tub shower combo with sliding glass shower door. The 1 car garage is currently used for storage. The fully fenced backyard has plenty of room for a pool and/or playground and shaded by grand oak trees. Centrally located to take advantage of Sarasota's many attractions this home is within a mile of pharmacies, grocery stores, many restaurants, and is within 5 miles of world famous Siesta Key beach and 10 miles of the University Town Center Mall. What an incredible value!
-
2020-04-20price $189,900 1442-char remark
Show marketing remark (1442 chars)
3-D VIRTUAL TOUR (View this before seeing in-person), 2020 ROOF Coming, 2020 A/C. .. 2 BED, 1 BATH, 1 CAR GARAGE, LARGE FENCED YARD, FRONT AND BACK SCREENED LANAIS, OAK LINED STREETS, GREAT CENTRAL LOCATION, MOVE-IN READY. .. Located in a quiet neighborhood with oak lined streets, you'll fall in love with this spacious and open home. The living and dining rooms have space to entertain and extra hallway closets provide plenty of storage. The kitchen with it's 3-seat counter top has a large single basin stainless sink, dishwasher, range, and refrigerator. The kitchen opens to the laundry/mud room with built-in cabinets, wash basin, and full size washer and dryer. The Laundry leads out to both the garage and back porch. The master bedroom comfortably accommodates a king size bed and furniture set, though is currently used as a nursery and guest bedroom. The 2nd bedroom has extra closet and accommodates a queen size bed and furniture set. The bathroom has a tub shower combo with sliding glass shower door. The 1 car garage is currently used for storage. The fully fenced backyard has plenty of room for a pool and/or playground and shaded by grand oak trees. Centrally located to take advantage of Sarasota's many attractions this home is within a mile of pharmacies, grocery stores, many restaurants, and is within 5 miles of world famous Siesta Key beach and 10 miles of the University Town Center Mall. What an incredible value!
-
2020-04-19status Active 1442-char remark
Show marketing remark (1442 chars)
3-D VIRTUAL TOUR (View this before seeing in-person), 2020 ROOF Coming, 2020 A/C. .. 2 BED, 1 BATH, 1 CAR GARAGE, LARGE FENCED YARD, FRONT AND BACK SCREENED LANAIS, OAK LINED STREETS, GREAT CENTRAL LOCATION, MOVE-IN READY. .. Located in a quiet neighborhood with oak lined streets, you'll fall in love with this spacious and open home. The living and dining rooms have space to entertain and extra hallway closets provide plenty of storage. The kitchen with it's 3-seat counter top has a large single basin stainless sink, dishwasher, range, and refrigerator. The kitchen opens to the laundry/mud room with built-in cabinets, wash basin, and full size washer and dryer. The Laundry leads out to both the garage and back porch. The master bedroom comfortably accommodates a king size bed and furniture set, though is currently used as a nursery and guest bedroom. The 2nd bedroom has extra closet and accommodates a queen size bed and furniture set. The bathroom has a tub shower combo with sliding glass shower door. The 1 car garage is currently used for storage. The fully fenced backyard has plenty of room for a pool and/or playground and shaded by grand oak trees. Centrally located to take advantage of Sarasota's many attractions this home is within a mile of pharmacies, grocery stores, many restaurants, and is within 5 miles of world famous Siesta Key beach and 10 miles of the University Town Center Mall. What an incredible value!
-
2020-04-14status Pending 1442-char remark
Show marketing remark (1442 chars)
3-D VIRTUAL TOUR (View this before seeing in-person), 2020 ROOF Coming, 2020 A/C. .. 2 BED, 1 BATH, 1 CAR GARAGE, LARGE FENCED YARD, FRONT AND BACK SCREENED LANAIS, OAK LINED STREETS, GREAT CENTRAL LOCATION, MOVE-IN READY. .. Located in a quiet neighborhood with oak lined streets, you'll fall in love with this spacious and open home. The living and dining rooms have space to entertain and extra hallway closets provide plenty of storage. The kitchen with it's 3-seat counter top has a large single basin stainless sink, dishwasher, range, and refrigerator. The kitchen opens to the laundry/mud room with built-in cabinets, wash basin, and full size washer and dryer. The Laundry leads out to both the garage and back porch. The master bedroom comfortably accommodates a king size bed and furniture set, though is currently used as a nursery and guest bedroom. The 2nd bedroom has extra closet and accommodates a queen size bed and furniture set. The bathroom has a tub shower combo with sliding glass shower door. The 1 car garage is currently used for storage. The fully fenced backyard has plenty of room for a pool and/or playground and shaded by grand oak trees. Centrally located to take advantage of Sarasota's many attractions this home is within a mile of pharmacies, grocery stores, many restaurants, and is within 5 miles of world famous Siesta Key beach and 10 miles of the University Town Center Mall. What an incredible value!
-
2020-04-09price $189,500 1442-char remark
Show marketing remark (1442 chars)
3-D VIRTUAL TOUR (View this before seeing in-person), 2020 ROOF Coming, 2020 A/C. .. 2 BED, 1 BATH, 1 CAR GARAGE, LARGE FENCED YARD, FRONT AND BACK SCREENED LANAIS, OAK LINED STREETS, GREAT CENTRAL LOCATION, MOVE-IN READY. .. Located in a quiet neighborhood with oak lined streets, you'll fall in love with this spacious and open home. The living and dining rooms have space to entertain and extra hallway closets provide plenty of storage. The kitchen with it's 3-seat counter top has a large single basin stainless sink, dishwasher, range, and refrigerator. The kitchen opens to the laundry/mud room with built-in cabinets, wash basin, and full size washer and dryer. The Laundry leads out to both the garage and back porch. The master bedroom comfortably accommodates a king size bed and furniture set, though is currently used as a nursery and guest bedroom. The 2nd bedroom has extra closet and accommodates a queen size bed and furniture set. The bathroom has a tub shower combo with sliding glass shower door. The 1 car garage is currently used for storage. The fully fenced backyard has plenty of room for a pool and/or playground and shaded by grand oak trees. Centrally located to take advantage of Sarasota's many attractions this home is within a mile of pharmacies, grocery stores, many restaurants, and is within 5 miles of world famous Siesta Key beach and 10 miles of the University Town Center Mall. What an incredible value!
-
2020-03-25$190,000 Active 1442-char remark
Show marketing remark (1442 chars)
3-D VIRTUAL TOUR (View this before seeing in-person), 2020 ROOF Coming, 2020 A/C. .. 2 BED, 1 BATH, 1 CAR GARAGE, LARGE FENCED YARD, FRONT AND BACK SCREENED LANAIS, OAK LINED STREETS, GREAT CENTRAL LOCATION, MOVE-IN READY. .. Located in a quiet neighborhood with oak lined streets, you'll fall in love with this spacious and open home. The living and dining rooms have space to entertain and extra hallway closets provide plenty of storage. The kitchen with it's 3-seat counter top has a large single basin stainless sink, dishwasher, range, and refrigerator. The kitchen opens to the laundry/mud room with built-in cabinets, wash basin, and full size washer and dryer. The Laundry leads out to both the garage and back porch. The master bedroom comfortably accommodates a king size bed and furniture set, though is currently used as a nursery and guest bedroom. The 2nd bedroom has extra closet and accommodates a queen size bed and furniture set. The bathroom has a tub shower combo with sliding glass shower door. The 1 car garage is currently used for storage. The fully fenced backyard has plenty of room for a pool and/or playground and shaded by grand oak trees. Centrally located to take advantage of Sarasota's many attractions this home is within a mile of pharmacies, grocery stores, many restaurants, and is within 5 miles of world famous Siesta Key beach and 10 miles of the University Town Center Mall. What an incredible value!
-
2011-10-04soldstatus $82,000
-
2011-09-30soldstatus $82,000 199-char remark
Show marketing remark (199 chars)
Dont miss this deal. Not a short sale or bank owned. Move right into this 2bd home close to the beach. New flooring. .. new appliances and freshly painted with a great fenced in yard. Hurry wont last
-
2011-07-29$85,677 199-char remark
Show marketing remark (199 chars)
Dont miss this deal. Not a short sale or bank owned. Move right into this 2bd home close to the beach. New flooring. .. new appliances and freshly painted with a great fenced in yard. Hurry wont last
-
2011-07-15soldstatus $57,000
-
2009-06-18$62,900
-
2006-06-20$209,900
-
2005-06-23soldstatus $208,500
-
2005-06-22soldstatus $208,500
-
2005-05-02$208,500
-
1989-04-04soldstatus $52,400
-
1979-05-01soldstatus $35,900
ⓘ 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
- $2,272 · $189/mo
- Projected year-2 tax
- $2,390 · $199/mo
- Expected delta
- +$118/yr (+$10/mo · 5.2%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,192
- − Mortgage interest
- −$16,132
- − Property taxes
- −$2,272
- − Insurance
- −$1,440
- − Repairs & maintenance
- −$2,175
- − Management
- −$2,175
- − Depreciation
- −$8,378
- Taxable loss
- −$5,381
- Est. tax savings @ 24.0%
- +$1,292
- After-tax cash flow
- $938/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 — South Gate Ridge
- Score
- 71/100
- State rank
- #394
- US rank
- #6987
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- South Gate Ridge, FL
- County
- Sarasota County · 448,376 people
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 19,123
- Household income
- $75,394
- Rent vs Own
- Severe rent burden
- 653.0
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 (78%)
- Race & ethnicity
- White 78% Hispanic / Latino 11% Two or more races 6% Asian 4% Black 2% Native American 1%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 2% Cuban 2%
- Common ancestry
- Romanian 3% Lithuanian 3% Slovak 2%
- Foreign-born
- 15% · Canada, Vietnam
- Languages at home
- 85% English-only · Spanish 8% Other Indo-European 2% Russian/Polish/Slavic 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
- ▼ -281.79%
- Current HPI
- 258.6836
- Rent YoY
- ▼ -1.35%
- 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
+721.7% since first listed21 events — show timeline
- 2026-05-21 Listed $295,000 Stellar MLS as Distributed by MLS Grid
- 2020-06-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2020-06-15 Sold (Public Records) $189,900 Public Records
- 2020-06-15 Sold (MLS) $189,900 Stellar MLS as Distributed by MLS Grid
- 2020-05-09 Pending — Stellar MLS as Distributed by MLS Grid
- 2020-04-20 Price Changed $189,900 Stellar MLS as Distributed by MLS Grid
- 2020-04-19 Relisted — Stellar MLS as Distributed by MLS Grid
- 2020-04-14 Pending — Stellar MLS as Distributed by MLS Grid
- 2020-04-09 Price Changed $189,500 Stellar MLS as Distributed by MLS Grid
- 2020-03-25 Listed $190,000 Stellar MLS as Distributed by MLS Grid
- 2011-10-04 Sold (Public Records) $82,000 Public Records
- 2011-09-30 Sold (MLS) $82,000 Stellar MLS as Distributed by MLS Grid
- 2011-07-29 Listed $85,677 Stellar MLS as Distributed by MLS Grid
- 2011-07-15 Sold (MLS) $57,000 Stellar MLS as Distributed by MLS Grid
- 2009-06-18 Listed $62,900 Stellar MLS as Distributed by MLS Grid
- 2006-06-20 Listed $209,900 Stellar MLS as Distributed by MLS Grid
- 2005-06-23 Sold (Public Records) $208,500 Public Records
- 2005-06-22 Sold (MLS) $208,500 Stellar MLS as Distributed by MLS Grid
- 2005-05-02 Listed $208,500 Stellar MLS as Distributed by MLS Grid
- 1989-04-04 Sold (Public Records) $52,400 Public Records
- 1979-05-01 Sold (Public Records) $35,900 Public Records
Property tax history
+8.8%/yrLatest (2025): $2,272 · +3.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…