5075 Prime Ter · North Port, FL 34286

$265,000

3 bd · 2.0 ba · 1,487 sqft · SingleFamily public records · 3 Days on market

Built 1997 0.26 ac lot Est $432k · 39% under · waterfront

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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).

• ARV discount +15.0/15.0
• Cash flow +11.5/30.0
• Schools +5.4/10.0
• Livability +3.8/5.0
• DSCR +3.4/10.0
• 1% rule +2.9/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

True Florida living at it's best with so much nature & serenity to enjoy along with fishing, kayaking, etc!!! Come see this beautiful 3 Bedroom, 2 Bath, 2 car garage home situated on a fresh water canal with access to Cocoplum Waterway! The living room boasts an open concept with high ceilings, plant shelves, skylights, triple sliders out to the large screened lanai and fenced backyard complete with your very own fishing dock. The kitchen offers stainless appliances, a pantry and a breakfast nook that also opens to the lanai. The over sized master bedroom offers a sitting area, a walk-in closet, a second closet and an en-suite master bath with walk-in shower, marble vanity tops & dual sinks. No HOA or CDD's. Public water & sewer. Do not miss this one. .. Call today!

Key facts

• Recent updates
• Private dock
• Freshwater canal

Tags

• FENCED BACKYARD
• PRIVATE DOCK
• FRESHWATER CANAL
• RECENT UPDATES
• NEWER KITCHEN APPLIANCES
• UPDATED LIGHTING FIXTURES

Property features AI

Finance

• Other: Homestead exemption; Zoned RSF2
• HOA & community: No association

Exterior

• Parking: Attached 2-car garage (20 x 20); Driveway
• Utilities: Public water; Septic tank; Electricity connected; Cable connected; Broadband/high-speed internet available
• Home design: Single family residence; One story; East-facing; Completed condition
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Built on a 0.26-acre lot
• Exterior features: Deck; Rear screened porch; Rain gutters; Sliding doors; Chain link fencing; Asphalt road access; Publicly maintained road; On waterfront with canal access and canal view (Cocoplum Waterway) — 84 feet of waterfront

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; High ceilings; Walk-in closets; Skylights; Bonus room; 11 total rooms
• Laundry & utility: Inside laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $265k.

Deal economics

• At list price, monthly cash flow is $-85 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $250k (5.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (20.8% below list).
• Recommended offer: $210k (20.8% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 3.6% in North Port — 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 75/100 on livability (#252 in FL, #3,975 nationally) — 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: Atwater Elementary (math 68% / reading 63%, grade B+, #500 of 2,144 statewide, top 24%, 802 students, 65% FRL); Woodland Middle School (math 57% / reading 57%, grade B, #164 of 571 statewide, top 30%, 978 students, 55% FRL); North Port High School (math 44% / reading 57%, grade D+, #171 of 667 statewide, top 26%, 2,562 students, 54% FRL) — zoned schools average 58% FRL vs 42% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.1%/yr); 852 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 31% of the median local income ($81k/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 $8k 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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 13y 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 $205k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $209,934 (20.8% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
6. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
7. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
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 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: 5.91%
• Cash-on-cash: -1.38%
• DSCR: 0.94
• GRM: 10.5

CMA / ARV

• ARV (on-the-fly): $431,602
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
141 Camillia Ln	0.68mi	3/2.0	1,469 (-1%)	7mo	$311,000	$212	60
16252 Cashmere Ave	0.70mi	3/2.0	1,533 (+3%)	22mo	$349,000	$228	44
133 Camillia Ln	0.66mi	3/2.0	1,285 (-14%)	12mo	$276,000	$215	37
16294 Arcaro Ave	0.64mi	3/2.0	1,687 (+13%)	15mo	$334,990	$199	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.12% rent growth · sell at horizon

5-year hold

• IRR: -20.6%
• Equity multiple: 0.30×
• Total profit: $-52,286
• Equity at exit: $39,512

10-year hold

• IRR: -18.4%
• Equity multiple: 0.08×
• Total profit: $-68,007
• Equity at exit: $22,912

Cash invested: $74,200 (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 34286

• Home prices YoY: -9.5%
• Rents YoY: 1.1%
• Active inventory: 852
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $2,099 high
• Mortgage (P&I): −$1,390
• Tax from tax record: −$244 /mo · $2,922/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $-85

Break-even live

Break-even rent $2,207

Max offer price $249,956

Occupancy floor 99%

Sensitivity live

Price	-10% $65	-5% $-10	+0% $-85	+5% $-160	+10% $-235
Rent	-10% $-251	-5% $-168	+0% $-85	+5% $-2	+10% $81
Rate	-1.0pp $48	-0.5pp $-18	base $-85	+0.5pp $-154	+1.0pp $-224

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: $66,250
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
232 Bamboo Dr Unit A Port Charlotte, FL	3.0	2.0	1018	$1,395	$1.37	15d	1	0.77mi
96 Westview Pl Port Charlotte, FL	1.0–3.0	1.0–2.0	1120	$2,303	$2.06	15d	38	0.80mi
312 Bamboo Dr Port Charlotte, FL	3.0	2.0	1200	$2,300	$1.92	22d	1	0.81mi
358 Bamboo Dr Port Charlotte, FL	2.0	2.0	1052	$1,399	$1.33	22d	1	0.85mi
16466 Bauers Ave Port Charlotte, FL	3.0	2.0	1610	$2,100	$1.30	22d	1	0.95mi
385 Bowman Ter Unit 387 Port Charlotte, FL	3.0	2.0	1200	$1,900	$1.58	22d	1	1.01mi
17031 Hillsborough Blvd Port Charlotte, FL	3.0	2.0	1751	$1,850	$1.06	22d	1	1.07mi
73 Flamingo Blvd Port Charlotte, FL	3.0	2.0	1656	$2,150	$1.30	22d	1	1.08mi
448 Tioga St Port Charlotte, FL	2.0	2.0	1043	$1,395	$1.34	22d	1	1.27mi
14500 Ransom Ave Port Charlotte, FL	2.0	2.0	1208	$1,976	$1.64	22d	1	1.27mi
15476 Chamberlain Blvd Port Charlotte, FL	3.0	2.0	1521	$2,159	$1.42	15d	1	1.27mi
1080 West Port Blvd Port Charlotte, FL	3.0	1.0–2.0	935	$2,061	$2.20	15d	25	1.46mi
16325 Franklin Ave Port Charlotte, FL	1.0–3.0	1.0–2.0	989	$1,904	$1.92	15d	30	1.47mi

Listing history 10 events

1. 2026-04-30
   status Pending
2. 2026-04-27
   listed $265,000 Active
3. 2019-05-09
   soldstatus $205,000 Sold 794-char remark

   Show marketing remark (794 chars)

   True Florida living at it's best with so much nature & serenity to enjoy along with fishing, kayaking, etc!!! Come see this beautiful 3 Bedroom, 2 Bath, 2 car garage home situated on a fresh water canal with access to Cocoplum Waterway! The living room boasts an open concept with high ceilings, plant shelves, skylights, triple sliders out to the large screened lanai and fenced backyard complete with your very own fishing dock. The kitchen offers stainless appliances, a pantry and a breakfast nook that also opens to the lanai. The over sized master bedroom offers a sitting area, a walk-in closet, a second closet and an en-suite master bath with walk-in shower, marble vanity tops & dual sinks. No HOA or CDD's. Public water & sewer. Do not miss this one. .. Call today!

4. 2019-05-07
   soldstatus $205,000
5. 2019-03-10
   status Pending 794-char remark

   Show marketing remark (794 chars)

   True Florida living at it's best with so much nature & serenity to enjoy along with fishing, kayaking, etc!!! Come see this beautiful 3 Bedroom, 2 Bath, 2 car garage home situated on a fresh water canal with access to Cocoplum Waterway! The living room boasts an open concept with high ceilings, plant shelves, skylights, triple sliders out to the large screened lanai and fenced backyard complete with your very own fishing dock. The kitchen offers stainless appliances, a pantry and a breakfast nook that also opens to the lanai. The over sized master bedroom offers a sitting area, a walk-in closet, a second closet and an en-suite master bath with walk-in shower, marble vanity tops & dual sinks. No HOA or CDD's. Public water & sewer. Do not miss this one. .. Call today!

6. 2019-02-18
   listed $205,000 Active 794-char remark

   Show marketing remark (794 chars)

   True Florida living at it's best with so much nature & serenity to enjoy along with fishing, kayaking, etc!!! Come see this beautiful 3 Bedroom, 2 Bath, 2 car garage home situated on a fresh water canal with access to Cocoplum Waterway! The living room boasts an open concept with high ceilings, plant shelves, skylights, triple sliders out to the large screened lanai and fenced backyard complete with your very own fishing dock. The kitchen offers stainless appliances, a pantry and a breakfast nook that also opens to the lanai. The over sized master bedroom offers a sitting area, a walk-in closet, a second closet and an en-suite master bath with walk-in shower, marble vanity tops & dual sinks. No HOA or CDD's. Public water & sewer. Do not miss this one. .. Call today!

7. 2013-09-11
   soldstatus $137,400
8. 2013-09-06
   soldstatus $137,400 646-char remark

   Show marketing remark (646 chars)

   CITY WATER, FRESH WATER CANAL with DOCK and FENCED IN YARD!! Freshly Painted 3 Bedroom, 2 Bath, 2 Car Garage Home. This home is ready to move in. Great Room Boasts Sky lites, TRIPLE POCKET SLIDERS to Lanai, Plant Shelves and Solid Wood Flooring. Breakfastnook in kitchen with breakfast bar and pantry. Massive Master Bedroom with LARGE walk-in closet and second closet. Master Bath with tiled walk-in shower, Marble vanity top with his & hers sinks. Nice size 2nd and 3rd Bedrooms, with Murphy Bed in 3rd Bedroom. Large Lanai with views of Canal and Dock that has power to it. Fenced in yard and shed. Canal has access to Cocoplum Waterway.

9. 2013-05-22
   listed $136,900 646-char remark

   Show marketing remark (646 chars)

   CITY WATER, FRESH WATER CANAL with DOCK and FENCED IN YARD!! Freshly Painted 3 Bedroom, 2 Bath, 2 Car Garage Home. This home is ready to move in. Great Room Boasts Sky lites, TRIPLE POCKET SLIDERS to Lanai, Plant Shelves and Solid Wood Flooring. Breakfastnook in kitchen with breakfast bar and pantry. Massive Master Bedroom with LARGE walk-in closet and second closet. Master Bath with tiled walk-in shower, Marble vanity top with his & hers sinks. Nice size 2nd and 3rd Bedrooms, with Murphy Bed in 3rd Bedroom. Large Lanai with views of Canal and Dock that has power to it. Fenced in yard and shed. Canal has access to Cocoplum Waterway.

10. 2002-04-02
    soldstatus $120,000

ⓘ 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: $2,922 · $244/mo
• Projected year-2 tax: $2,922 · $244/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 5/10 Major FEMA zone X (unshaded) · 26% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 28 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,192
• − Mortgage interest: −$14,844
• − Property taxes: −$2,922
• − Insurance: −$1,325
• − Repairs & maintenance: −$2,015
• − Management: −$2,015
• − Depreciation: −$7,709
• Taxable loss: −$5,639
• Est. tax savings @ 24.0%: +$1,353
• After-tax cash flow: $331/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 — North Port

• Score: 75/100
• State rank: #252
• US rank: #3975

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Port, FL
• County: Sarasota County · 448,376 people
• City population: 75,324
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 22,534
• Household income: $80,553
• Rent vs Own: 20.6% rent · 79.4% own
• Severe rent burden: 545.0

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 (81%)
• Race & ethnicity: White 81% Hispanic / Latino 10% Two or more races 8% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 2%
• Common ancestry: Romanian 7% Lithuanian 4% Subsaharan African 2%
• Foreign-born: 9% · Canada
• Languages at home: 86% English-only · Spanish 7% Russian/Polish/Slavic 4% 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: ▼ -31.36%
• Current HPI: 297.3707
• Rent YoY: ▲ 1.12%
• 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

+120.8% since first listed

10 events — show timeline

• 2026-04-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-27 Listed $265,000 Stellar MLS as Distributed by MLS Grid
• 2019-05-09 Sold (MLS) $205,000 Stellar MLS as Distributed by MLS Grid
• 2019-05-07 Sold (Public Records) $205,000 Public Records
• 2019-03-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-02-18 Listed $205,000 Stellar MLS as Distributed by MLS Grid
• 2013-09-11 Sold (Public Records) $137,400 Public Records
• 2013-09-06 Sold (MLS) $137,400 Stellar MLS as Distributed by MLS Grid
• 2013-05-22 Listed $136,900 Stellar MLS as Distributed by MLS Grid
• 2002-04-02 Sold (Public Records) $120,000 Public Records

Property tax history

+7.6%/yr

Latest (2025): $2,922 · +5.2% YoY. Source: county tax records.