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4747 Watkins Ave
D Composite 40.49
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

4747 Watkins Ave · South Gate Ridge, FL 34233
2 bd · 1.0 ba · 1,124 sqft · SingleFamily public records · 16 Days on market
Built 1979 5,706 sqft lot

🖨 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

REMODELED MASONRY HOMESCREENED FRONT PORCHOPEN FLOOR PLANWOOD GRAIN TILE FLOORSTHREE SEAT SNACK BAROVER-SIZED STAINLESS SINK

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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $226,603 (21.3% 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. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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

5-year hold
IRR
-20.2%
Equity multiple
0.31×
Total profit
$-55,258
Equity at exit
$42,942
10-year hold
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
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

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

Break-even rent $2,303
Max offer price $282,790
Occupancy floor 96%

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

  1. 2026-06-16
    statusdays on market $288,000 Pending 16 DOM
  2. 2026-06-15
    days on market $288,000 Active 15 DOM
  3. 2026-06-13
    pricedays on market $288,000 Active 13 DOM
  4. 2026-06-13
    days on market $289,900 Active 12 DOM
  5. 2026-06-10
    pricedays on market $289,900 Active 10 DOM
  6. 2026-06-09
    days on market $295,000 Active 9 DOM
  7. 2026-06-08
    status $295,000 Active 8 DOM
  8. 2026-05-21
    listed $295,000 Active
  9. 2020-06-16
    historical 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!

  10. 2020-06-15
    soldstatus $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!

  11. 2020-06-15
    soldstatus $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!

  12. 2020-05-09
    status 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!

  13. 2020-04-20
    price $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!

  14. 2020-04-19
    status 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!

  15. 2020-04-14
    status 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!

  16. 2020-04-09
    price $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!

  17. 2020-03-25
    listed $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!

  18. 2011-10-04
    soldstatus $82,000
  19. 2011-09-30
    soldstatus $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

  20. 2011-07-29
    listed $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

  21. 2011-07-15
    soldstatus $57,000
  22. 2009-06-18
    listed $62,900
  23. 2006-06-20
    listed $209,900
  24. 2005-06-23
    soldstatus $208,500
  25. 2005-06-22
    soldstatus $208,500
  26. 2005-05-02
    listed $208,500
  27. 1989-04-04
    soldstatus $52,400
  28. 1979-05-01
    soldstatus $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
combined federal + state — saved on this device
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

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

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
25.3% rent · 74.7% 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

Price history

+721.7% since first listed
21 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%/yr

Latest (2025): $2,272 · +3.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…