8540 Daybreak St · Lake Sarasota, FL 34241

$249,000

2 bd · 2.5 ba · 1,238 sqft · SingleFamily public records · 61 Days on market

Built 2024 Excellent condition 1,170 sqft lot $174/mo HOA · 6% of rent ↓ 18% since listing

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Why this score? — see what drove the C 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 +19.7/30.0
• ARV discount +7.5/15.0
• 1% rule +6.7/10.0
• DSCR +6.2/10.0
• Schools +5.4/10.0
• Condition / age +4.8/5.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

One or more photo(s) has been virtually staged. Now is your opportunity to own this practically brand-new townhome in the highly sought after growing community of Skye Ranch. This 2024 built townhouse has been meticulously maintained and gently lived in. You will feel like you are buying brand new without all the high one-time builder fees and closing costs. The first floor enjoys an open concept floor plan with a beautiful kitchen that features white shaker style cabinets, sparkling quartz countertops, and a sleek stainless steel appliances package. Neutral tile runs throughout the entire main floor. The dining room easily accommodates a large table for entertaining, and the living room is spacious and flooded with light thanks to the large slider that leads out to the lanai. The covered lanai provides privacy and an extra storage closet. The first floor also offers a half bathroom for convenience, as well as a proper storage pantry. On the second floor, you will find two generous sized bedrooms with en suite bathrooms that are separated by a large landing. The primary bedroom has a large walk-in closet and a bathroom with dual sink vanity and walk-in shower. A convenient laundry space can be found on the landing upstairs. There is a second light filled bedroom with two closets and an en suite bathroom with a tub/shower combo. The unit comes with two deeded parking spaces that are just outside the front door, and all exterior maintenance is included. NO FLOOD INSURANCE REQUIRED and LOW HOA FEES. The community pool and mailboxes are just a quick walk away. Skye Ranch enjoys a state-of-the-art school, beautiful parks, and tons of green space. Just minutes to all the shopping and conveniences that can be found on Clark Rd, this location also offers easy access to I-75 and is a short drive to the world-famous Siesta Key Beach. This townhome is perfect as a full-time residence, a part-time vacation home, or even a great investment. If you have been looking for that perfect spot in Sarasota to enjoy the beauty Florida has to offer, then set up a private showing today!

Key facts

• Neutral tile
• Storage closet
• Covered lanai

Tags

• OPEN CONCEPT FLOOR PLAN
• WHITE SHAKER STYLE CABINETS
• SPARKLING QUARTZ COUNTERTOPS
• NEUTRAL TILE
• COVERED LANAI
• STORAGE CLOSET

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath single-family listed at $249k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $291 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $249k).
• Recommended offer: $234k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#365 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: schools D, 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 soft (-0.1%/yr); 564 active listings in the ZIP; high-income renter base; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 61 days — a 6% lower offer ($234k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y 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.

Risks & watch-outs

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

Recommended offer $234,060 (6.0% below list)

Questions for the listing agent

1. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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: 1.17% ✓
• Cap rate: 7.70%
• Cash-on-cash: 5.01%
• DSCR: 1.22
• GRM: 7.1

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: -12.4%
• Equity multiple: 0.57×
• Total profit: $-30,118
• Equity at exit: $37,127

10-year hold

• IRR: -9.5%
• Equity multiple: 0.51×
• Total profit: $-34,415
• Equity at exit: $21,529

Cash invested: $69,720 (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 34241

• Rents YoY: -0.1%
• Active inventory: 564
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $2,910 medium
• Mortgage (P&I): −$1,306
• Tax from tax record: −$424 /mo · $5,088/yr
• Insurance: −$104
• HOA: −$174
• Vacancy / Maint / Mgmt: −$611
• Net cashflow: $291

Break-even live

Break-even rent $2,541

Max offer price $249,000

Occupancy floor 85%

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: $62,250
• Closing costs: $7,470
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $174 · $2,088/yr
• Likely covers: exterior maint.pool

Listing history 27 events

1. 2026-06-18
   days on market $249,000 Active 61 DOM
2. 2026-06-17
   days on market $249,000 Active 60 DOM
3. 2026-06-16
   days on market $249,000 Active 59 DOM
4. 2026-06-15
   days on market $249,000 Active 58 DOM
5. 2026-06-13
   days on market $249,000 Active 56 DOM
6. 2026-06-13
   days on market $249,000 Active 55 DOM
7. 2026-06-10
   days on market $249,000 Active 53 DOM
8. 2026-06-09
   days on market $249,000 Active 52 DOM
9. 2026-06-08
   days on market $249,000 Active 51 DOM
10. 2026-06-08
    days on market $249,000 Active 50 DOM
11. 2026-06-05
    days on market $249,000 Active 47 DOM
12. 2026-06-03
    days on market $249,000 Active 46 DOM
13. 2026-06-02
    days on market $249,000 Active 45 DOM
14. 2026-06-01
    days on market $249,000 Active 44 DOM
15. 2026-05-31
    days on market $249,000 Active 43 DOM
16. 2026-05-08
    price $249,000 2104-char remark

    Show marketing remark (2104 chars)

    One or more photo(s) has been virtually staged. Now is your opportunity to own this practically brand-new townhome in the highly sought after growing community of Skye Ranch. This 2024 built townhouse has been meticulously maintained and gently lived in. You will feel like you are buying brand new without all the high one-time builder fees and closing costs. The first floor enjoys an open concept floor plan with a beautiful kitchen that features white shaker style cabinets, sparkling quartz countertops, and a sleek stainless steel appliances package. Neutral tile runs throughout the entire main floor. The dining room easily accommodates a large table for entertaining, and the living room is spacious and flooded with light thanks to the large slider that leads out to the lanai. The covered lanai provides privacy and an extra storage closet. The first floor also offers a half bathroom for convenience, as well as a proper storage pantry. On the second floor, you will find two generous sized bedrooms with en suite bathrooms that are separated by a large landing. The primary bedroom has a large walk-in closet and a bathroom with dual sink vanity and walk-in shower. A convenient laundry space can be found on the landing upstairs. There is a second light filled bedroom with two closets and an en suite bathroom with a tub/shower combo. The unit comes with two deeded parking spaces that are just outside the front door, and all exterior maintenance is included. NO FLOOD INSURANCE REQUIRED and LOW HOA FEES. The community pool and mailboxes are just a quick walk away. Skye Ranch enjoys a state-of-the-art school, beautiful parks, and tons of green space. Just minutes to all the shopping and conveniences that can be found on Clark Rd, this location also offers easy access to I-75 and is a short drive to the world-famous Siesta Key Beach. This townhome is perfect as a full-time residence, a part-time vacation home, or even a great investment. If you have been looking for that perfect spot in Sarasota to enjoy the beauty Florida has to offer, then set up a private showing today!

17. 2026-04-18
    listed $255,000 Active 2104-char remark

    Show marketing remark (2104 chars)

    One or more photo(s) has been virtually staged. Now is your opportunity to own this practically brand-new townhome in the highly sought after growing community of Skye Ranch. This 2024 built townhouse has been meticulously maintained and gently lived in. You will feel like you are buying brand new without all the high one-time builder fees and closing costs. The first floor enjoys an open concept floor plan with a beautiful kitchen that features white shaker style cabinets, sparkling quartz countertops, and a sleek stainless steel appliances package. Neutral tile runs throughout the entire main floor. The dining room easily accommodates a large table for entertaining, and the living room is spacious and flooded with light thanks to the large slider that leads out to the lanai. The covered lanai provides privacy and an extra storage closet. The first floor also offers a half bathroom for convenience, as well as a proper storage pantry. On the second floor, you will find two generous sized bedrooms with en suite bathrooms that are separated by a large landing. The primary bedroom has a large walk-in closet and a bathroom with dual sink vanity and walk-in shower. A convenient laundry space can be found on the landing upstairs. There is a second light filled bedroom with two closets and an en suite bathroom with a tub/shower combo. The unit comes with two deeded parking spaces that are just outside the front door, and all exterior maintenance is included. NO FLOOD INSURANCE REQUIRED and LOW HOA FEES. The community pool and mailboxes are just a quick walk away. Skye Ranch enjoys a state-of-the-art school, beautiful parks, and tons of green space. Just minutes to all the shopping and conveniences that can be found on Clark Rd, this location also offers easy access to I-75 and is a short drive to the world-famous Siesta Key Beach. This townhome is perfect as a full-time residence, a part-time vacation home, or even a great investment. If you have been looking for that perfect spot in Sarasota to enjoy the beauty Florida has to offer, then set up a private showing today!

18. 2026-04-13
    historical
19. 2026-02-01
    listed $270,000 Active
20. 2025-10-20
    historical
21. 2025-08-08
    price $259,000
22. 2025-06-08
    price $279,000
23. 2025-06-08
    listed $270,000 Active
24. 2024-07-29
    soldstatus $299,440 Closed
25. 2024-02-18
    status Pending
26. 2023-11-13
    price $310,440
27. 2023-10-16
    listed $303,900 Active

ⓘ 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: $5,088 · $424/mo
• Projected year-2 tax: $5,088 · $424/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 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,916
• − Mortgage interest: −$13,948
• − Property taxes: −$5,088
• − Insurance: −$1,245
• − Repairs & maintenance: −$2,793
• − Management: −$2,793
• − HOA: −$2,088
• − Depreciation: −$7,244
• Taxable loss: −$284
• Est. tax savings @ 24.0%: +$68
• After-tax cash flow: $3,561/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.

Condition & rehab AI · 6 photos

Excellent 95/100 None rehab

This practically brand-new townhome in Skye Ranch is in excellent condition with minimal maintenance required. It offers a good ROI with updates that can further enhance its resale and rental value.

Value-add opportunities

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhances curb appeal and adds value.
• Resale Kitchen appliances upgrade — Modernizes the kitchen and appeals to potential buyers.
• Resale Flooring replacement — Modernizes the flooring and enhances the overall look of the home.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhances curb appeal and adds value. ↑
• Resale Kitchen appliances upgrade — Modernizes the kitchen and appeals to potential buyers. ↑
• Resale Flooring replacement — Modernizes the flooring and enhances the overall look of the home. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Lake Sarasota

• Score: 72/100
• State rank: #365
• US rank: #6453

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Sarasota County · 448,376 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 16,408
• Household income: $116,412
• Rent vs Own: 11.1% rent · 88.9% own
• Severe rent burden: 69.0

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 (89%)
• Race & ethnicity: White 89% Hispanic / Latino 8% Two or more races 6% Asian 1%
• Hispanic origin (detail): Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 7% Slovak 3% Scandinavian 2%
• Foreign-born: 10% · Canada, Dominican Republic
• Languages at home: 90% English-only · Spanish 3% Other Indo-European 3% 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: ▼ -363.72%
• Current HPI: 278.3404
• Rent YoY: ▬ -0.05%
• 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

-18.1% since first listed

12 events — show timeline

• 2026-05-08 Price Changed $249,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-18 Listed $255,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-01 Listed $270,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-08-08 Price Changed $259,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-08 Price Changed $279,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-08 Listed $270,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-29 Sold (MLS) $299,440 Stellar MLS as Distributed by MLS Grid
• 2024-02-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-11-13 Price Changed $310,440 Stellar MLS as Distributed by MLS Grid
• 2023-10-16 Listed $303,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+31.5%/yr

Latest (2025): $5,088 · +75.7% YoY. Source: county tax records.