1941-1943 Forked Creek Dr · Englewood, FL 34223

$375,000

4 bd · 2.0 ba · 1,550 sqft · MultiFamily public records · 36 Days on market

Built 1973 0.30 ac lot $6/mo HOA

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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 +27.7/30.0
• DSCR +9.8/10.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• 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

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Own a piece of Paradise in a neighborhood with a boat ramp. This is very afordable way you can enjoy beautiful Lemon Bay and the Gulf of Mexico. Rarely available income 2 Unit Duplex for Sale. Each unit is 775 sq ft under air with 2 bedrooms 1 bath, Screened Lanai, Outside Laundry Room, Large Backyard. Overbrook Gardens is a neighborhood of homes either on the water or close to it with only a few multi unit properties. This one is available now but not for long. Owner describes property as "Cash Cow" with long term renters. Never a problem finding renters for these units. The back yard has an attractive wall put in by the "Voluntary" HOA with low fees of $75.00 annually. 5 minutes from beautiful Manasota Beach. Desirable location convenient to boating, fishing, swimming, golf, shopping and entertainment. Area has great restaurants and activities to suit all interests. Both units re piped with newer plumbing fixtures. Seller is having the roof replaced and any wood that is damaged or stained replaced. New lanai fans installed. Electrical boxes have been replaced. Don't miss this opportunity to own a property in one of the most desirable areas in Florida. Recent improvements on 1943: December 2020 water heater, April 2022 Interior painted with HGTV Sherwin Williams paint, ceiling fans bedrooms, new fixtures, rescreen lanai, screen handles, front exterior lights, interior doors and locks, changed screen door handles. new blinds except front, Hvac had new air handler fan, thermostat, reconditioned stove installed. Recent Improvements on 1941: November 2017 Kitchen counters, backsplash, sinks, faucets, rescreen lanai, new front door, lock, Nov 2021 new water heater. Seller is licensed realtor in Indiana.

Key facts

• Remodeled duplex
• New plumbing
• Hvac replaced

Tags

• REMODELED DUPLEX
• PRIVATE COMMUNITY BOAT RAMP
• ACCESS TO LEMON BAY
• LARGE BACKYARD
• NEW PLUMBING
• HVAC REPLACED

Property features AI

Finance

• Other: Zoning: RMF1; Lot size approximately 0.29 acres (0.25–0.5 acre range); Asphalt road access
• Financial info: Annual net income: $28,000; Two units total; Furnished; Living area reported as 1,550 (total); Building area total reported as 2,573
• HOA & community: Overbrook Gardns Association (optional membership); Annual association fee $75 (approximately $6.25/month); Pets allowed

Exterior

• Parking: Covered parking; Driveway; Off-street parking; Carport with 2 spaces
• Security: Smoke detector(s)
• Utilities: Public water (multiple meters); Public sewer; Electricity connected; Water connected; Sewer connected; Cable available
• Home design: Duplex (residential income); One story
• Construction: Block and stucco construction; Membrane and shingle roof; Slab foundation; Built as a single building (one building total)
• Exterior features: Storage; Private boat ramp; Canal access (brackish, limited access)

Interior

• Kitchen: Stone counters
• Bedrooms: Total of 4 bedrooms; Two 2-bedroom units (one 2-bedroom unit occupied)
• Flooring: Tile flooring
• Bathrooms: Each unit has 1 bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Stone counters; Thermostat; Window treatments; Blinds
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry room; Outside laundry access

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1.0-bath units multifamily listed at $375k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive. Per door: $567/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $375k).
• Recommended offer: $364k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.9% 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).
• At $4,571/mo this rent would consume 72% of the median local household income ($76k/yr) (locally 290% 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 $11k 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 $105k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($364k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 4y ago; this cycle's ask has dropped $25k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major 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 $363,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.22% ✓
• Cap rate: 9.92%
• Cash-on-cash: 12.95%
• DSCR: 1.58
• GRM: 6.8

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: 8.2%
• Equity multiple: 1.34×
• Total profit: $35,563
• Equity at exit: $55,914

10-year hold

• IRR: 21.3%
• Equity multiple: 3.23×
• Total profit: $233,845
• Equity at exit: $32,423

Cash invested: $105,000 (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: 13.7×

Monthly cashflow live

• Estimated rent: $4,571 medium
• Mortgage (P&I): −$1,967
• Tax from tax record: −$349 /mo · $4,189/yr
• Insurance: −$156
• HOA: −$6
• Vacancy / Maint / Mgmt: −$960
• Net cashflow: $1,133

Break-even live

Break-even rent $3,137

Max offer price $375,000

Occupancy floor 70%

Sensitivity live

Price	-10% $1,345	-5% $1,239	+0% $1,133	+5% $1,027	+10% $921
Rent	-10% $772	-5% $953	+0% $1,133	+5% $1,314	+10% $1,494
Rate	-1.0pp $1,322	-0.5pp $1,229	base $1,133	+0.5pp $1,036	+1.0pp $937

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$4,570
Total (2 units)			$4,571

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: $93,750
• Closing costs: $11,250
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $6 · $72/yr
• Likely covers: waterelectric

Listing history 36 events

1. 2026-06-18
   days on market $375,000 Active 36 DOM
2. 2026-06-17
   days on market $375,000 Active 35 DOM
3. 2026-06-16
   days on market $375,000 Active 34 DOM
4. 2026-06-15
   days on market $375,000 Active 33 DOM
5. 2026-06-13
   days on market $375,000 Active 31 DOM
6. 2026-06-13
   days on market $375,000 Active 30 DOM
7. 2026-06-10
   days on market $375,000 Active 28 DOM
8. 2026-06-09
   days on market $375,000 Active 27 DOM
9. 2026-06-08
   days on market $375,000 Active 26 DOM
10. 2026-06-08
    days on market $375,000 Active 25 DOM
11. 2026-06-05
    days on market $375,000 Active 22 DOM
12. 2026-06-03
    days on market $375,000 Active 21 DOM
13. 2026-06-02
    days on market $375,000 Active 20 DOM
14. 2026-06-01
    days on market $375,000 Active 19 DOM
15. 2026-05-31
    price $375,000 Active 18 DOM
16. 2026-05-31
    days on market $400,000 Active 18 DOM
17. 2026-05-13
    listed $400,000 Active 1100-char remark
18. 2025-03-05
    historical
19. 2024-10-29
    listed $400,000 Active
20. 2024-09-13
    historical $1,690
21. 2024-08-26
    price $1,690
22. 2024-08-10
    listed $1,790
23. 2022-07-12
    soldstatus $360,000
24. 2022-07-08
    soldstatus $360,000 Closed

    Show marketing remark (1752 chars)

    Own a piece of Paradise in a neighborhood with a boat ramp. This is very afordable way you can enjoy beautiful Lemon Bay and the Gulf of Mexico. Rarely available income 2 Unit Duplex for Sale. Each unit is 775 sq ft under air with 2 bedrooms 1 bath, Screened Lanai, Outside Laundry Room, Large Backyard. Overbrook Gardens is a neighborhood of homes either on the water or close to it with only a few multi unit properties. This one is available now but not for long. Owner describes property as "Cash Cow" with long term renters. Never a problem finding renters for these units. The back yard has an attractive wall put in by the "Voluntary" HOA with low fees of $75.00 annually. 5 minutes from beautiful Manasota Beach. Desirable location convenient to boating, fishing, swimming, golf, shopping and entertainment. Area has great restaurants and activities to suit all interests. Both units re piped with newer plumbing fixtures. Seller is having the roof replaced and any wood that is damaged or stained replaced. New lanai fans installed. Electrical boxes have been replaced. Don't miss this opportunity to own a property in one of the most desirable areas in Florida. Recent improvements on 1943: December 2020 water heater, April 2022 Interior painted with HGTV Sherwin Williams paint, ceiling fans bedrooms, new fixtures, rescreen lanai, screen handles, front exterior lights, interior doors and locks, changed screen door handles. new blinds except front, Hvac had new air handler fan, thermostat, reconditioned stove installed. Recent Improvements on 1941: November 2017 Kitchen counters, backsplash, sinks, faucets, rescreen lanai, new front door, lock, Nov 2021 new water heater. Seller is licensed realtor in Indiana.

25. 2022-06-08
    status Pending

    Show marketing remark (1752 chars)

    Own a piece of Paradise in a neighborhood with a boat ramp. This is very afordable way you can enjoy beautiful Lemon Bay and the Gulf of Mexico. Rarely available income 2 Unit Duplex for Sale. Each unit is 775 sq ft under air with 2 bedrooms 1 bath, Screened Lanai, Outside Laundry Room, Large Backyard. Overbrook Gardens is a neighborhood of homes either on the water or close to it with only a few multi unit properties. This one is available now but not for long. Owner describes property as "Cash Cow" with long term renters. Never a problem finding renters for these units. The back yard has an attractive wall put in by the "Voluntary" HOA with low fees of $75.00 annually. 5 minutes from beautiful Manasota Beach. Desirable location convenient to boating, fishing, swimming, golf, shopping and entertainment. Area has great restaurants and activities to suit all interests. Both units re piped with newer plumbing fixtures. Seller is having the roof replaced and any wood that is damaged or stained replaced. New lanai fans installed. Electrical boxes have been replaced. Don't miss this opportunity to own a property in one of the most desirable areas in Florida. Recent improvements on 1943: December 2020 water heater, April 2022 Interior painted with HGTV Sherwin Williams paint, ceiling fans bedrooms, new fixtures, rescreen lanai, screen handles, front exterior lights, interior doors and locks, changed screen door handles. new blinds except front, Hvac had new air handler fan, thermostat, reconditioned stove installed. Recent Improvements on 1941: November 2017 Kitchen counters, backsplash, sinks, faucets, rescreen lanai, new front door, lock, Nov 2021 new water heater. Seller is licensed realtor in Indiana.

26. 2022-06-06
    price $349,000

    Show marketing remark (1752 chars)

    Own a piece of Paradise in a neighborhood with a boat ramp. This is very afordable way you can enjoy beautiful Lemon Bay and the Gulf of Mexico. Rarely available income 2 Unit Duplex for Sale. Each unit is 775 sq ft under air with 2 bedrooms 1 bath, Screened Lanai, Outside Laundry Room, Large Backyard. Overbrook Gardens is a neighborhood of homes either on the water or close to it with only a few multi unit properties. This one is available now but not for long. Owner describes property as "Cash Cow" with long term renters. Never a problem finding renters for these units. The back yard has an attractive wall put in by the "Voluntary" HOA with low fees of $75.00 annually. 5 minutes from beautiful Manasota Beach. Desirable location convenient to boating, fishing, swimming, golf, shopping and entertainment. Area has great restaurants and activities to suit all interests. Both units re piped with newer plumbing fixtures. Seller is having the roof replaced and any wood that is damaged or stained replaced. New lanai fans installed. Electrical boxes have been replaced. Don't miss this opportunity to own a property in one of the most desirable areas in Florida. Recent improvements on 1943: December 2020 water heater, April 2022 Interior painted with HGTV Sherwin Williams paint, ceiling fans bedrooms, new fixtures, rescreen lanai, screen handles, front exterior lights, interior doors and locks, changed screen door handles. new blinds except front, Hvac had new air handler fan, thermostat, reconditioned stove installed. Recent Improvements on 1941: November 2017 Kitchen counters, backsplash, sinks, faucets, rescreen lanai, new front door, lock, Nov 2021 new water heater. Seller is licensed realtor in Indiana.

27. 2022-06-06
    status Active

    Show marketing remark (1752 chars)

    Own a piece of Paradise in a neighborhood with a boat ramp. This is very afordable way you can enjoy beautiful Lemon Bay and the Gulf of Mexico. Rarely available income 2 Unit Duplex for Sale. Each unit is 775 sq ft under air with 2 bedrooms 1 bath, Screened Lanai, Outside Laundry Room, Large Backyard. Overbrook Gardens is a neighborhood of homes either on the water or close to it with only a few multi unit properties. This one is available now but not for long. Owner describes property as "Cash Cow" with long term renters. Never a problem finding renters for these units. The back yard has an attractive wall put in by the "Voluntary" HOA with low fees of $75.00 annually. 5 minutes from beautiful Manasota Beach. Desirable location convenient to boating, fishing, swimming, golf, shopping and entertainment. Area has great restaurants and activities to suit all interests. Both units re piped with newer plumbing fixtures. Seller is having the roof replaced and any wood that is damaged or stained replaced. New lanai fans installed. Electrical boxes have been replaced. Don't miss this opportunity to own a property in one of the most desirable areas in Florida. Recent improvements on 1943: December 2020 water heater, April 2022 Interior painted with HGTV Sherwin Williams paint, ceiling fans bedrooms, new fixtures, rescreen lanai, screen handles, front exterior lights, interior doors and locks, changed screen door handles. new blinds except front, Hvac had new air handler fan, thermostat, reconditioned stove installed. Recent Improvements on 1941: November 2017 Kitchen counters, backsplash, sinks, faucets, rescreen lanai, new front door, lock, Nov 2021 new water heater. Seller is licensed realtor in Indiana.

28. 2022-05-23
    price $299,000

    Show marketing remark (1752 chars)

    Own a piece of Paradise in a neighborhood with a boat ramp. This is very afordable way you can enjoy beautiful Lemon Bay and the Gulf of Mexico. Rarely available income 2 Unit Duplex for Sale. Each unit is 775 sq ft under air with 2 bedrooms 1 bath, Screened Lanai, Outside Laundry Room, Large Backyard. Overbrook Gardens is a neighborhood of homes either on the water or close to it with only a few multi unit properties. This one is available now but not for long. Owner describes property as "Cash Cow" with long term renters. Never a problem finding renters for these units. The back yard has an attractive wall put in by the "Voluntary" HOA with low fees of $75.00 annually. 5 minutes from beautiful Manasota Beach. Desirable location convenient to boating, fishing, swimming, golf, shopping and entertainment. Area has great restaurants and activities to suit all interests. Both units re piped with newer plumbing fixtures. Seller is having the roof replaced and any wood that is damaged or stained replaced. New lanai fans installed. Electrical boxes have been replaced. Don't miss this opportunity to own a property in one of the most desirable areas in Florida. Recent improvements on 1943: December 2020 water heater, April 2022 Interior painted with HGTV Sherwin Williams paint, ceiling fans bedrooms, new fixtures, rescreen lanai, screen handles, front exterior lights, interior doors and locks, changed screen door handles. new blinds except front, Hvac had new air handler fan, thermostat, reconditioned stove installed. Recent Improvements on 1941: November 2017 Kitchen counters, backsplash, sinks, faucets, rescreen lanai, new front door, lock, Nov 2021 new water heater. Seller is licensed realtor in Indiana.

29. 2022-05-22
    status Active

    Show marketing remark (1752 chars)

    Own a piece of Paradise in a neighborhood with a boat ramp. This is very afordable way you can enjoy beautiful Lemon Bay and the Gulf of Mexico. Rarely available income 2 Unit Duplex for Sale. Each unit is 775 sq ft under air with 2 bedrooms 1 bath, Screened Lanai, Outside Laundry Room, Large Backyard. Overbrook Gardens is a neighborhood of homes either on the water or close to it with only a few multi unit properties. This one is available now but not for long. Owner describes property as "Cash Cow" with long term renters. Never a problem finding renters for these units. The back yard has an attractive wall put in by the "Voluntary" HOA with low fees of $75.00 annually. 5 minutes from beautiful Manasota Beach. Desirable location convenient to boating, fishing, swimming, golf, shopping and entertainment. Area has great restaurants and activities to suit all interests. Both units re piped with newer plumbing fixtures. Seller is having the roof replaced and any wood that is damaged or stained replaced. New lanai fans installed. Electrical boxes have been replaced. Don't miss this opportunity to own a property in one of the most desirable areas in Florida. Recent improvements on 1943: December 2020 water heater, April 2022 Interior painted with HGTV Sherwin Williams paint, ceiling fans bedrooms, new fixtures, rescreen lanai, screen handles, front exterior lights, interior doors and locks, changed screen door handles. new blinds except front, Hvac had new air handler fan, thermostat, reconditioned stove installed. Recent Improvements on 1941: November 2017 Kitchen counters, backsplash, sinks, faucets, rescreen lanai, new front door, lock, Nov 2021 new water heater. Seller is licensed realtor in Indiana.

30. 2022-05-17
    status Pending

    Show marketing remark (1752 chars)

    Own a piece of Paradise in a neighborhood with a boat ramp. This is very afordable way you can enjoy beautiful Lemon Bay and the Gulf of Mexico. Rarely available income 2 Unit Duplex for Sale. Each unit is 775 sq ft under air with 2 bedrooms 1 bath, Screened Lanai, Outside Laundry Room, Large Backyard. Overbrook Gardens is a neighborhood of homes either on the water or close to it with only a few multi unit properties. This one is available now but not for long. Owner describes property as "Cash Cow" with long term renters. Never a problem finding renters for these units. The back yard has an attractive wall put in by the "Voluntary" HOA with low fees of $75.00 annually. 5 minutes from beautiful Manasota Beach. Desirable location convenient to boating, fishing, swimming, golf, shopping and entertainment. Area has great restaurants and activities to suit all interests. Both units re piped with newer plumbing fixtures. Seller is having the roof replaced and any wood that is damaged or stained replaced. New lanai fans installed. Electrical boxes have been replaced. Don't miss this opportunity to own a property in one of the most desirable areas in Florida. Recent improvements on 1943: December 2020 water heater, April 2022 Interior painted with HGTV Sherwin Williams paint, ceiling fans bedrooms, new fixtures, rescreen lanai, screen handles, front exterior lights, interior doors and locks, changed screen door handles. new blinds except front, Hvac had new air handler fan, thermostat, reconditioned stove installed. Recent Improvements on 1941: November 2017 Kitchen counters, backsplash, sinks, faucets, rescreen lanai, new front door, lock, Nov 2021 new water heater. Seller is licensed realtor in Indiana.

31. 2022-05-17
    status Pending

    Show marketing remark (1752 chars)

    Own a piece of Paradise in a neighborhood with a boat ramp. This is very afordable way you can enjoy beautiful Lemon Bay and the Gulf of Mexico. Rarely available income 2 Unit Duplex for Sale. Each unit is 775 sq ft under air with 2 bedrooms 1 bath, Screened Lanai, Outside Laundry Room, Large Backyard. Overbrook Gardens is a neighborhood of homes either on the water or close to it with only a few multi unit properties. This one is available now but not for long. Owner describes property as "Cash Cow" with long term renters. Never a problem finding renters for these units. The back yard has an attractive wall put in by the "Voluntary" HOA with low fees of $75.00 annually. 5 minutes from beautiful Manasota Beach. Desirable location convenient to boating, fishing, swimming, golf, shopping and entertainment. Area has great restaurants and activities to suit all interests. Both units re piped with newer plumbing fixtures. Seller is having the roof replaced and any wood that is damaged or stained replaced. New lanai fans installed. Electrical boxes have been replaced. Don't miss this opportunity to own a property in one of the most desirable areas in Florida. Recent improvements on 1943: December 2020 water heater, April 2022 Interior painted with HGTV Sherwin Williams paint, ceiling fans bedrooms, new fixtures, rescreen lanai, screen handles, front exterior lights, interior doors and locks, changed screen door handles. new blinds except front, Hvac had new air handler fan, thermostat, reconditioned stove installed. Recent Improvements on 1941: November 2017 Kitchen counters, backsplash, sinks, faucets, rescreen lanai, new front door, lock, Nov 2021 new water heater. Seller is licensed realtor in Indiana.

32. 2022-05-09
    historical
33. 2022-05-09
    historical
34. 2022-05-06
    listed $349,000 Active

    Show marketing remark (1752 chars)

    Own a piece of Paradise in a neighborhood with a boat ramp. This is very afordable way you can enjoy beautiful Lemon Bay and the Gulf of Mexico. Rarely available income 2 Unit Duplex for Sale. Each unit is 775 sq ft under air with 2 bedrooms 1 bath, Screened Lanai, Outside Laundry Room, Large Backyard. Overbrook Gardens is a neighborhood of homes either on the water or close to it with only a few multi unit properties. This one is available now but not for long. Owner describes property as "Cash Cow" with long term renters. Never a problem finding renters for these units. The back yard has an attractive wall put in by the "Voluntary" HOA with low fees of $75.00 annually. 5 minutes from beautiful Manasota Beach. Desirable location convenient to boating, fishing, swimming, golf, shopping and entertainment. Area has great restaurants and activities to suit all interests. Both units re piped with newer plumbing fixtures. Seller is having the roof replaced and any wood that is damaged or stained replaced. New lanai fans installed. Electrical boxes have been replaced. Don't miss this opportunity to own a property in one of the most desirable areas in Florida. Recent improvements on 1943: December 2020 water heater, April 2022 Interior painted with HGTV Sherwin Williams paint, ceiling fans bedrooms, new fixtures, rescreen lanai, screen handles, front exterior lights, interior doors and locks, changed screen door handles. new blinds except front, Hvac had new air handler fan, thermostat, reconditioned stove installed. Recent Improvements on 1941: November 2017 Kitchen counters, backsplash, sinks, faucets, rescreen lanai, new front door, lock, Nov 2021 new water heater. Seller is licensed realtor in Indiana.

35. 2022-05-06
    listed $349,000 Active

    Show marketing remark (1752 chars)

    Own a piece of Paradise in a neighborhood with a boat ramp. This is very afordable way you can enjoy beautiful Lemon Bay and the Gulf of Mexico. Rarely available income 2 Unit Duplex for Sale. Each unit is 775 sq ft under air with 2 bedrooms 1 bath, Screened Lanai, Outside Laundry Room, Large Backyard. Overbrook Gardens is a neighborhood of homes either on the water or close to it with only a few multi unit properties. This one is available now but not for long. Owner describes property as "Cash Cow" with long term renters. Never a problem finding renters for these units. The back yard has an attractive wall put in by the "Voluntary" HOA with low fees of $75.00 annually. 5 minutes from beautiful Manasota Beach. Desirable location convenient to boating, fishing, swimming, golf, shopping and entertainment. Area has great restaurants and activities to suit all interests. Both units re piped with newer plumbing fixtures. Seller is having the roof replaced and any wood that is damaged or stained replaced. New lanai fans installed. Electrical boxes have been replaced. Don't miss this opportunity to own a property in one of the most desirable areas in Florida. Recent improvements on 1943: December 2020 water heater, April 2022 Interior painted with HGTV Sherwin Williams paint, ceiling fans bedrooms, new fixtures, rescreen lanai, screen handles, front exterior lights, interior doors and locks, changed screen door handles. new blinds except front, Hvac had new air handler fan, thermostat, reconditioned stove installed. Recent Improvements on 1941: November 2017 Kitchen counters, backsplash, sinks, faucets, rescreen lanai, new front door, lock, Nov 2021 new water heater. Seller is licensed realtor in Indiana.

36. 2002-06-27
    soldstatus $81,000

ⓘ 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: $4,189 · $349/mo
• Projected year-2 tax: $4,189 · $349/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 6/10 Major FEMA zone X · 56% 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: $54,852
• − Mortgage interest: −$21,006
• − Property taxes: −$4,189
• − Insurance: −$1,875
• − Repairs & maintenance: −$4,388
• − Management: −$4,388
• − HOA: −$72
• − Depreciation: −$10,909
• Taxable income: $8,024
• Est. tax owed @ 24.0%: −$1,926
• After-tax cash flow: $11,672/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

+363.0% since first listed

21 events — show timeline

• 2026-05-31 Price Changed $375,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-13 Listed $400,000 Stellar MLS as Distributed by MLS Grid
• 2025-03-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-10-29 Listed $400,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-13 Rental Removed $1,690 STELLARMLS
• 2024-08-26 Price Changed $1,690 STELLARMLS
• 2024-08-10 Listed for Rent $1,790 STELLARMLS
• 2022-07-12 Sold (Public Records) $360,000 Public Records
• 2022-07-08 Sold (MLS) $360,000 Stellar MLS as Distributed by MLS Grid
• 2022-06-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-06-06 Price Changed $349,000 Stellar MLS as Distributed by MLS Grid
• 2022-06-06 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-05-23 Price Changed $299,000 Stellar MLS as Distributed by MLS Grid
• 2022-05-22 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-05-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-05-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-05-09 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-05-09 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-05-06 Listed $349,000 Stellar MLS as Distributed by MLS Grid
• 2022-05-06 Listed $349,000 Stellar MLS as Distributed by MLS Grid
• 2002-06-27 Sold (Public Records) $81,000 Public Records

Property tax history

+7.5%/yr

Latest (2025): $4,189 · -0.3% YoY. Source: county tax records.