609 Shamrock Blvd · Venice Gardens, FL 34293

$308,000

3 bd · 2.0 ba · 1,439 sqft · SingleFamily public records · 137 Days on market

Built 1965 10,000 sqft lot

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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 +13.5/30.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• DSCR +4.1/10.0
• Livability +3.4/5.0
• 1% rule +3.3/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fantastic location and fantastic, recently updated home. Fresh paint, lighting, etc. throughout. Newer fridge installed and newer dishwasher. This 3 bedroom, 2 bathroom home has it all. Lots of windows in living room and kitchen keep things bright and the newly installed shades allow for privacy when you want it. Large living room with a spacious attached dining area. Crown molding accentuates both of this rooms. The dining area is in addition to the eat-in breakfast area in the kitchen. Retro, built-in oven and sold wood cabinets provide awesome character. The home has a very large yard on a corner lot. In the middle of Shamrock so you are close to 41 and to Center Dr. for everything you need = shopping, restaurants, groceries, etc. Only minutes from downtown and the Venice Beach. There is a carport and a full, circular driveway from street to street for lots of parking and easy access and exit. Inside laundry area with supplied washer and dryer. Some of the best features of this home are the beautiful landscaping in the front and back, a fully fenced back yard for pets and family, a large shed in the back for storage, and, most importantly, a fully enclosed (can open the windows) large lanai that stretches the length of the kitchen and dining room, with two sliding door entries from the main house. Tile flooring throughout the home and terrazo flooring in the screened lanai. Short distance to the Venice civic association with Olympic-sized pool and clubhouse for only $165 per year or join the Venice YMCA only minutes away. Near A+ schools and sandy white beaches. This home has everything and is ready for you to make it YOUR HOME. Tell your friends "I live where you vacation!" Easy to show. Don't delay because this one won't last long at this price. NEW ROOF.

Key facts

• Newer dishwasher
• Large yard
• Newer fridge

Tags

• RECENTLY UPDATED HOME
• NEWER FRIDGE
• NEWER DISHWASHER
• LARGE YARD
• CORNER LOT
• FULLY FENCED BACK YARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $308k.

Deal economics

• At list price, monthly cash flow is $11 ($126/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $256k (16.8% below list).
• Recommended offer: $256k (16.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#537 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: Garden Elementary School (math 71% / reading 69%, grade A-, #345 of 2,144 statewide, top 17%, 513 students, 52% FRL); Venice Middle School (math 71% / reading 58%, grade A-, #100 of 571 statewide, top 18%, 761 students, 37% FRL); Venice Senior High School (math 67% / reading 61%, grade B-, #86 of 667 statewide, top 13%, 2,584 students, 31% FRL) — zoned schools at 40% FRL track the district average.
• Market conditions: Rents flat; 1255 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 34% of the median local income ($90k/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 137 days — a 12% lower offer ($271k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 17y ago; this cycle's ask has dropped $22k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

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

Recommended offer $256,255 (16.8% below list)

Questions for the listing agent

1. It's been on market 137 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
2. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.83% ✗
• Cap rate: 6.33%
• Cash-on-cash: 0.15%
• DSCR: 1.01
• GRM: 10.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.7% rent growth · sell at horizon

5-year hold

• IRR: -18.6%
• Equity multiple: 0.36×
• Total profit: $-55,069
• Equity at exit: $45,924

10-year hold

• IRR: -16.0%
• Equity multiple: 0.19×
• Total profit: $-69,936
• Equity at exit: $26,630

Cash invested: $86,240 (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 34293

• Rents YoY: 0.7%
• Active inventory: 1255
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,563 medium
• Mortgage (P&I): −$1,615
• Tax from tax record: −$270 /mo · $3,245/yr
• Insurance: −$128
• HOA: −$0
• Vacancy / Maint / Mgmt: −$538
• Net cashflow: $11

Break-even live

Break-even rent $2,549

Max offer price $308,000

Occupancy floor 95%

Sensitivity live

Price	-10% $185	-5% $98	+0% $11	+5% $-77	+10% $-164
Rent	-10% $-192	-5% $-91	+0% $11	+5% $112	+10% $213
Rate	-1.0pp $166	-0.5pp $89	base $11	+0.5pp $-69	+1.0pp $-150

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: $77,000
• Closing costs: $9,240
• Reserves months: —
• Total cash needed: —

Listing history 26 events

1. 2026-06-21
   days on market $308,000 Active 137 DOM
2. 2026-06-18
   days on market $308,000 Active 134 DOM
3. 2026-06-17
   days on market $308,000 Active 133 DOM
4. 2026-06-16
   days on market $308,000 Active 132 DOM
5. 2026-06-15
   days on market $308,000 Active 131 DOM
6. 2026-06-13
   days on market $308,000 Active 129 DOM
7. 2026-06-13
   days on market $308,000 Active 128 DOM
8. 2026-06-10
   days on market $308,000 Active 126 DOM
9. 2026-06-09
   days on market $308,000 Active 125 DOM
10. 2026-06-08
    days on market $308,000 Active 124 DOM
11. 2026-06-08
    days on market $308,000 Active 123 DOM
12. 2026-06-05
    days on market $308,000 Active 120 DOM
13. 2026-06-03
    days on market $308,000 Active 119 DOM
14. 2026-06-02
    pricedays on market $308,000 Active 118 DOM
15. 2026-06-01
    days on market $314,500 Active 117 DOM
16. 2026-05-31
    days on market $314,500 Active 116 DOM
17. 2026-03-18
    price $314,500 1800-char remark

    Show marketing remark (1800 chars)

    Fantastic location and fantastic, recently updated home. Fresh paint, lighting, etc. throughout. Newer fridge installed and newer dishwasher. This 3 bedroom, 2 bathroom home has it all. Lots of windows in living room and kitchen keep things bright and the newly installed shades allow for privacy when you want it. Large living room with a spacious attached dining area. Crown molding accentuates both of this rooms. The dining area is in addition to the eat-in breakfast area in the kitchen. Retro, built-in oven and sold wood cabinets provide awesome character. The home has a very large yard on a corner lot. In the middle of Shamrock so you are close to 41 and to Center Dr. for everything you need = shopping, restaurants, groceries, etc. Only minutes from downtown and the Venice Beach. There is a carport and a full, circular driveway from street to street for lots of parking and easy access and exit. Inside laundry area with supplied washer and dryer. Some of the best features of this home are the beautiful landscaping in the front and back, a fully fenced back yard for pets and family, a large shed in the back for storage, and, most importantly, a fully enclosed (can open the windows) large lanai that stretches the length of the kitchen and dining room, with two sliding door entries from the main house. Tile flooring throughout the home and terrazo flooring in the screened lanai. Short distance to the Venice civic association with Olympic-sized pool and clubhouse for only $165 per year or join the Venice YMCA only minutes away. Near A+ schools and sandy white beaches. This home has everything and is ready for you to make it YOUR HOME. Tell your friends "I live where you vacation!" Easy to show. Don't delay because this one won't last long at this price. NEW ROOF.

18. 2026-02-04
    listed $330,000 Active 1800-char remark

    Show marketing remark (1800 chars)

    Fantastic location and fantastic, recently updated home. Fresh paint, lighting, etc. throughout. Newer fridge installed and newer dishwasher. This 3 bedroom, 2 bathroom home has it all. Lots of windows in living room and kitchen keep things bright and the newly installed shades allow for privacy when you want it. Large living room with a spacious attached dining area. Crown molding accentuates both of this rooms. The dining area is in addition to the eat-in breakfast area in the kitchen. Retro, built-in oven and sold wood cabinets provide awesome character. The home has a very large yard on a corner lot. In the middle of Shamrock so you are close to 41 and to Center Dr. for everything you need = shopping, restaurants, groceries, etc. Only minutes from downtown and the Venice Beach. There is a carport and a full, circular driveway from street to street for lots of parking and easy access and exit. Inside laundry area with supplied washer and dryer. Some of the best features of this home are the beautiful landscaping in the front and back, a fully fenced back yard for pets and family, a large shed in the back for storage, and, most importantly, a fully enclosed (can open the windows) large lanai that stretches the length of the kitchen and dining room, with two sliding door entries from the main house. Tile flooring throughout the home and terrazo flooring in the screened lanai. Short distance to the Venice civic association with Olympic-sized pool and clubhouse for only $165 per year or join the Venice YMCA only minutes away. Near A+ schools and sandy white beaches. This home has everything and is ready for you to make it YOUR HOME. Tell your friends "I live where you vacation!" Easy to show. Don't delay because this one won't last long at this price. NEW ROOF.

19. 2022-07-06
    soldstatus $345,000 Closed 640-char remark

    Show marketing remark (640 chars)

    Step inside this quaint three-bedroom, two bathroom, Florida ranch style home in the desirable Venice Gardens. As you walk throughout the home, take note of the spacious kitchen, beautifully tiled floors, crown molding, updated guest bathroom, deep closets, sliding glass doors, screened in porch with terrazzo flooring, large fenced-in yard, new ac in 2021, updated electric, and re-piped in 2012. Once you move in, you will be minutes away from beautiful historic downtown Venice with fine dining and shopping, sandy white beaches, A-rated schools, the Venice YMCA, and much more. Make this house your home and live the Florida lifestyle!

20. 2022-05-24
    status Pending 640-char remark

    Show marketing remark (640 chars)

    Step inside this quaint three-bedroom, two bathroom, Florida ranch style home in the desirable Venice Gardens. As you walk throughout the home, take note of the spacious kitchen, beautifully tiled floors, crown molding, updated guest bathroom, deep closets, sliding glass doors, screened in porch with terrazzo flooring, large fenced-in yard, new ac in 2021, updated electric, and re-piped in 2012. Once you move in, you will be minutes away from beautiful historic downtown Venice with fine dining and shopping, sandy white beaches, A-rated schools, the Venice YMCA, and much more. Make this house your home and live the Florida lifestyle!

21. 2022-05-16
    listed $345,000 Active 640-char remark

    Show marketing remark (640 chars)

    Step inside this quaint three-bedroom, two bathroom, Florida ranch style home in the desirable Venice Gardens. As you walk throughout the home, take note of the spacious kitchen, beautifully tiled floors, crown molding, updated guest bathroom, deep closets, sliding glass doors, screened in porch with terrazzo flooring, large fenced-in yard, new ac in 2021, updated electric, and re-piped in 2012. Once you move in, you will be minutes away from beautiful historic downtown Venice with fine dining and shopping, sandy white beaches, A-rated schools, the Venice YMCA, and much more. Make this house your home and live the Florida lifestyle!

22. 2009-10-13
    soldstatus $122,000
23. 2009-10-08
    soldstatus $122,000
24. 2009-05-25
    listed $129,000
25. 2000-03-02
    soldstatus $84,000
26. 1996-06-21
    soldstatus $72,000

ⓘ 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: $3,245 · $270/mo
• Projected year-2 tax: $3,245 · $270/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 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 · 30 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,751
• − Mortgage interest: −$17,253
• − Property taxes: −$3,245
• − Insurance: −$1,540
• − Repairs & maintenance: −$2,460
• − Management: −$2,460
• − Depreciation: −$8,960
• Taxable loss: −$5,167
• Est. tax savings @ 24.0%: +$1,240
• After-tax cash flow: $1,366/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 — Venice Gardens

• Score: 68/100
• State rank: #537
• US rank: #10074

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Venice Gardens, FL
• County: Sarasota County · 448,376 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 50,278
• Household income: $90,038
• Rent vs Own: 11.3% rent · 88.7% own
• Severe rent burden: 548.0

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 (90%)
• Race & ethnicity: White 90% Hispanic / Latino 5% Two or more races 4% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Romanian 7% Lithuanian 4% Slovak 3%
• Foreign-born: 9% · Canada, China, Dominican Republic
• Languages at home: 90% English-only · Spanish 3% Russian/Polish/Slavic 2% French/Haitian/Cajun 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: ▼ -355.64%
• Current HPI: 270.5242
• Rent YoY: ▲ 0.70%
• 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

+336.8% since first listed

10 events — show timeline

• 2026-03-18 Price Changed $314,500 Stellar MLS as Distributed by MLS Grid
• 2026-02-04 Listed $330,000 Stellar MLS as Distributed by MLS Grid
• 2022-07-06 Sold (MLS) $345,000 Stellar MLS as Distributed by MLS Grid
• 2022-05-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-05-16 Listed $345,000 Stellar MLS as Distributed by MLS Grid
• 2009-10-13 Sold (Public Records) $122,000 Public Records
• 2009-10-08 Sold (MLS) $122,000 Stellar MLS as Distributed by MLS Grid
• 2009-05-25 Listed $129,000 Stellar MLS as Distributed by MLS Grid
• 2000-03-02 Sold (Public Records) $84,000 Public Records
• 1996-06-21 Sold (Public Records) $72,000 Public Records

Property tax history

+8.6%/yr

Latest (2025): $3,245 · -7.5% YoY. Source: county tax records.