363 Longwood Dr · Venice Gardens, FL 34285

$180,000

2 bd · 2.0 ba · 1,038 sqft · Manufactured public records · 50 Days on market

Built 1983 5,507 sqft lot $177/mo HOA · 9% of rent

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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 +22.1/30.0
• ARV discount +7.5/15.0
• DSCR +7.1/10.0
• 1% rule +6.1/10.0
• Schools +5.4/10.0
• Rent growth +4.7/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Sandlewood Park offers wonderful living in the heart of Venice with its heated pool, club room, community entertainment nights, shuffleboard, and lots of other fun activities. Low fees and small pets allowed. This is a great place to live. The home offers 2 bedrooms, 2 bathrooms with over 1,000 square feet of space. Enjoy the large rooms and over-sized kitchen. The primary bedroom features an en-suite bathroom with a walk-in shower and walk-in closet. Inside laundry room, ceramic tile in the kitchen, laminate in the living room & hallways with carpet in the bedrooms. Newer updates include windows, a/c, carpet, laminate flooring, vinyl windows and updated plumbing. Furniture is available with the unit. The home is located close to the private residence entrance off Pinebrook offering convenient in and out to the local scene. Sarasota Memorial Hospital, Venice Beach, Downtown Venice, Sharky’s Pier and more are just minutes away. The home is being sold as-is. There is some softness in the floors, Milton took the lanai, the carport and part of the roof.

Key facts

• Charming front porch
• Refurbished red home
• New electrical panel

Tags

• REFURBISHED RED HOME
• CHARMING FRONT PORCH
• STATE-OF-THE-ART KITCHEN
• NEW ELECTRICAL PANEL
• NEW ROOF WITH WARRANTY
• INSIDE LAUNDRY

Property features AI

Finance

• Other: Lease restrictions apply
• Financial info: Total annual association fees listed as $2,128; Association fee(s) may include common area taxes, pool, management, grounds maintenance and reserves
• HOA & community: Community with HOA; monthly fee approximately $177.33 (quarterly payment also noted); HOA amenities include clubhouse, pool, laundry, recreation facilities, shuffleboard court, cable TV and private road maintenance; Buyer/association approval required; On-site property manager; Association has deed and fence restrictions; vehicle restrictions and limits on truck/RV/Motorcycle parking; Senior community with pet rules (number limits)

Exterior

• Parking: Covered driveway; 1-car carport
• Utilities: Public water; Public sewer; Electricity connected; Underground utilities; Cable available; Water connected; Sewer connected
• Home design: Manufactured home (double wide); Single-story; South-facing; Entry on one level
• Construction: Metal frame with vinyl siding; Other roof type; Crawlspace foundation; Built as a completed property
• Exterior features: Sliding doors; Shed on property; Private, paved lot in county

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Cathedral ceilings; Ceiling fans; Eat-in kitchen; Open floorplan; Thermostat; Walk-in closets; Florida room; Inside utility room
• Laundry & utility: Washer hookup; Dryer hookup (electric); Laundry closet; Inside laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $180k.

Deal economics

• At list price, monthly cash flow is $290 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $175k (3.0% below list) — sets the bar for market timing.

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: 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 rising fast (+8.8%/yr); 462 active listings in the ZIP; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 35% of the median local income ($68k/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 $1k of loan paydown is wiped out by about $5k 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 $50k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 50 days — a 3% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y 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 $75k; list at $180k implies a 140% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $174,600 (3.0% below list)

Questions for the listing agent

1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.11% ✓
• Cap rate: 8.23%
• Cash-on-cash: 6.92%
• DSCR: 1.31
• GRM: 7.5

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: -0.0%
• Equity multiple: 1.00×
• Total profit: $-27
• Equity at exit: $26,839

10-year hold

• IRR: 14.4%
• Equity multiple: 2.43×
• Total profit: $72,204
• Equity at exit: $15,563

Cash invested: $50,400 (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 34285

• Rents YoY: 8.8%
• Active inventory: 462
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $2,002 medium
• Mortgage (P&I): −$944
• Tax from tax record: −$96 /mo · $1,146/yr
• Insurance: −$75
• HOA: −$177
• Vacancy / Maint / Mgmt: −$421
• Net cashflow: $290

Break-even live

Break-even rent $1,635

Max offer price $180,000

Occupancy floor 80%

Sensitivity live

Price	-10% $392	-5% $341	+0% $290	+5% $240	+10% $189
Rent	-10% $132	-5% $211	+0% $290	+5% $370	+10% $449
Rate	-1.0pp $381	-0.5pp $336	base $290	+0.5pp $244	+1.0pp $196

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $177 · $2,124/yr
• Likely covers: pool

Listing history 33 events

1. 2026-06-18
   days on market $180,000 Active 50 DOM
2. 2026-06-17
   days on market $180,000 Active 49 DOM
3. 2026-06-16
   days on market $180,000 Active 48 DOM
4. 2026-06-15
   days on market $180,000 Active 47 DOM
5. 2026-06-13
   days on market $180,000 Active 45 DOM
6. 2026-06-13
   days on market $180,000 Active 44 DOM
7. 2026-06-10
   days on market $180,000 Active 42 DOM
8. 2026-06-09
   days on market $180,000 Active 41 DOM
9. 2026-06-08
   days on market $180,000 Active 40 DOM
10. 2026-06-08
    days on market $180,000 Active 39 DOM
11. 2026-06-05
    days on market $180,000 Active 36 DOM
12. 2026-06-03
    days on market $180,000 Active 35 DOM
13. 2026-06-02
    days on market $180,000 Active 34 DOM
14. 2026-06-01
    days on market $180,000 Active 33 DOM
15. 2026-05-31
    days on market $180,000 Active 32 DOM
16. 2026-04-29
    listed $180,000 Active 1426-char remark
17. 2026-03-15
    historical
18. 2026-02-25
    price $180,000
19. 2026-02-03
    price $185,000
20. 2025-12-01
    price $190,000
21. 2025-09-15
    listed $200,000 Active
22. 2025-01-28
    soldstatus $75,000 Closed

    Show marketing remark (1077 chars)

    Sandlewood Park offers wonderful living in the heart of Venice with its heated pool, club room, community entertainment nights, shuffleboard, and lots of other fun activities. Low fees and small pets allowed. This is a great place to live. The home offers 2 bedrooms, 2 bathrooms with over 1,000 square feet of space. Enjoy the large rooms and over-sized kitchen. The primary bedroom features an en-suite bathroom with a walk-in shower and walk-in closet. Inside laundry room, ceramic tile in the kitchen, laminate in the living room & hallways with carpet in the bedrooms. Newer updates include windows, a/c, carpet, laminate flooring, vinyl windows and updated plumbing. Furniture is available with the unit. The home is located close to the private residence entrance off Pinebrook offering convenient in and out to the local scene. Sarasota Memorial Hospital, Venice Beach, Downtown Venice, Sharky’s Pier and more are just minutes away. The home is being sold as-is. There is some softness in the floors, Milton took the lanai, the carport and part of the roof.

23. 2025-01-28
    soldstatus $75,000

    Show marketing remark (1077 chars)

    Sandlewood Park offers wonderful living in the heart of Venice with its heated pool, club room, community entertainment nights, shuffleboard, and lots of other fun activities. Low fees and small pets allowed. This is a great place to live. The home offers 2 bedrooms, 2 bathrooms with over 1,000 square feet of space. Enjoy the large rooms and over-sized kitchen. The primary bedroom features an en-suite bathroom with a walk-in shower and walk-in closet. Inside laundry room, ceramic tile in the kitchen, laminate in the living room & hallways with carpet in the bedrooms. Newer updates include windows, a/c, carpet, laminate flooring, vinyl windows and updated plumbing. Furniture is available with the unit. The home is located close to the private residence entrance off Pinebrook offering convenient in and out to the local scene. Sarasota Memorial Hospital, Venice Beach, Downtown Venice, Sharky’s Pier and more are just minutes away. The home is being sold as-is. There is some softness in the floors, Milton took the lanai, the carport and part of the roof.

24. 2025-01-11
    status Pending

    Show marketing remark (1077 chars)

    Sandlewood Park offers wonderful living in the heart of Venice with its heated pool, club room, community entertainment nights, shuffleboard, and lots of other fun activities. Low fees and small pets allowed. This is a great place to live. The home offers 2 bedrooms, 2 bathrooms with over 1,000 square feet of space. Enjoy the large rooms and over-sized kitchen. The primary bedroom features an en-suite bathroom with a walk-in shower and walk-in closet. Inside laundry room, ceramic tile in the kitchen, laminate in the living room & hallways with carpet in the bedrooms. Newer updates include windows, a/c, carpet, laminate flooring, vinyl windows and updated plumbing. Furniture is available with the unit. The home is located close to the private residence entrance off Pinebrook offering convenient in and out to the local scene. Sarasota Memorial Hospital, Venice Beach, Downtown Venice, Sharky’s Pier and more are just minutes away. The home is being sold as-is. There is some softness in the floors, Milton took the lanai, the carport and part of the roof.

25. 2025-01-07
    price $90,000

    Show marketing remark (1077 chars)

    Sandlewood Park offers wonderful living in the heart of Venice with its heated pool, club room, community entertainment nights, shuffleboard, and lots of other fun activities. Low fees and small pets allowed. This is a great place to live. The home offers 2 bedrooms, 2 bathrooms with over 1,000 square feet of space. Enjoy the large rooms and over-sized kitchen. The primary bedroom features an en-suite bathroom with a walk-in shower and walk-in closet. Inside laundry room, ceramic tile in the kitchen, laminate in the living room & hallways with carpet in the bedrooms. Newer updates include windows, a/c, carpet, laminate flooring, vinyl windows and updated plumbing. Furniture is available with the unit. The home is located close to the private residence entrance off Pinebrook offering convenient in and out to the local scene. Sarasota Memorial Hospital, Venice Beach, Downtown Venice, Sharky’s Pier and more are just minutes away. The home is being sold as-is. There is some softness in the floors, Milton took the lanai, the carport and part of the roof.

26. 2024-12-10
    price $100,000

    Show marketing remark (1077 chars)

    Sandlewood Park offers wonderful living in the heart of Venice with its heated pool, club room, community entertainment nights, shuffleboard, and lots of other fun activities. Low fees and small pets allowed. This is a great place to live. The home offers 2 bedrooms, 2 bathrooms with over 1,000 square feet of space. Enjoy the large rooms and over-sized kitchen. The primary bedroom features an en-suite bathroom with a walk-in shower and walk-in closet. Inside laundry room, ceramic tile in the kitchen, laminate in the living room & hallways with carpet in the bedrooms. Newer updates include windows, a/c, carpet, laminate flooring, vinyl windows and updated plumbing. Furniture is available with the unit. The home is located close to the private residence entrance off Pinebrook offering convenient in and out to the local scene. Sarasota Memorial Hospital, Venice Beach, Downtown Venice, Sharky’s Pier and more are just minutes away. The home is being sold as-is. There is some softness in the floors, Milton took the lanai, the carport and part of the roof.

27. 2024-11-20
    price $120,000

    Show marketing remark (1077 chars)

    Sandlewood Park offers wonderful living in the heart of Venice with its heated pool, club room, community entertainment nights, shuffleboard, and lots of other fun activities. Low fees and small pets allowed. This is a great place to live. The home offers 2 bedrooms, 2 bathrooms with over 1,000 square feet of space. Enjoy the large rooms and over-sized kitchen. The primary bedroom features an en-suite bathroom with a walk-in shower and walk-in closet. Inside laundry room, ceramic tile in the kitchen, laminate in the living room & hallways with carpet in the bedrooms. Newer updates include windows, a/c, carpet, laminate flooring, vinyl windows and updated plumbing. Furniture is available with the unit. The home is located close to the private residence entrance off Pinebrook offering convenient in and out to the local scene. Sarasota Memorial Hospital, Venice Beach, Downtown Venice, Sharky’s Pier and more are just minutes away. The home is being sold as-is. There is some softness in the floors, Milton took the lanai, the carport and part of the roof.

28. 2024-11-18
    listed $100,000 Active

    Show marketing remark (1077 chars)

    Sandlewood Park offers wonderful living in the heart of Venice with its heated pool, club room, community entertainment nights, shuffleboard, and lots of other fun activities. Low fees and small pets allowed. This is a great place to live. The home offers 2 bedrooms, 2 bathrooms with over 1,000 square feet of space. Enjoy the large rooms and over-sized kitchen. The primary bedroom features an en-suite bathroom with a walk-in shower and walk-in closet. Inside laundry room, ceramic tile in the kitchen, laminate in the living room & hallways with carpet in the bedrooms. Newer updates include windows, a/c, carpet, laminate flooring, vinyl windows and updated plumbing. Furniture is available with the unit. The home is located close to the private residence entrance off Pinebrook offering convenient in and out to the local scene. Sarasota Memorial Hospital, Venice Beach, Downtown Venice, Sharky’s Pier and more are just minutes away. The home is being sold as-is. There is some softness in the floors, Milton took the lanai, the carport and part of the roof.

29. 2021-09-20
    soldstatus $168,000
30. 2021-09-17
    soldstatus $168,000 Closed
31. 2021-09-01
    status Pending
32. 2021-08-16
    listed $174,900 Active
33. 1998-12-10
    soldstatus $46,000

ⓘ 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: $1,146 · $96/mo
• Projected year-2 tax: $1,494 · $124/mo
• Expected delta: +$348/yr (+$29/mo · 30.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 2/10 Low FEMA zone X (unshaded) · 3% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 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: $24,029
• − Mortgage interest: −$10,083
• − Property taxes: −$1,146
• − Insurance: −$900
• − Repairs & maintenance: −$1,922
• − Management: −$1,922
• − HOA: −$2,124
• − Depreciation: −$5,236
• Taxable income: $695
• Est. tax owed @ 24.0%: −$167
• After-tax cash flow: $3,319/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

• County: Sarasota County · 448,376 people
• City population: 86,541
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 18,677
• Household income: $68,301
• Rent vs Own: 20.3% rent · 79.7% own
• Severe rent burden: 747.0

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 (88%)
• Race & ethnicity: White 88% Two or more races 6% Hispanic / Latino 6% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 5% Italian 3%
• Foreign-born: 11% · Canada
• Languages at home: 88% English-only · Spanish 4% Other Indo-European 2% German/W. Germanic 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: ▼ -329.42%
• Current HPI: 264.6389
• Rent YoY: ▲ 8.78%
• 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

+291.3% since first listed

18 events — show timeline

• 2026-04-29 Listed $180,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-15 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-25 Price Changed $180,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-03 Price Changed $185,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-01 Price Changed $190,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-15 Listed $200,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-28 Sold (Public Records) $75,000 Public Records
• 2025-01-28 Sold (MLS) $75,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-01-07 Price Changed $90,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-10 Price Changed $100,000 Stellar MLS as Distributed by MLS Grid
• 2024-11-20 Price Changed $120,000 Stellar MLS as Distributed by MLS Grid
• 2024-11-18 Listed $100,000 Stellar MLS as Distributed by MLS Grid
• 2021-09-20 Sold (Public Records) $168,000 Public Records
• 2021-09-17 Sold (MLS) $168,000 Stellar MLS as Distributed by MLS Grid
• 2021-09-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-08-16 Listed $174,900 Stellar MLS as Distributed by MLS Grid
• 1998-12-10 Sold (Public Records) $46,000 Public Records

Property tax history

+4.6%/yr

Latest (2025): $1,146 · -41.7% YoY. Source: county tax records.