1620 Tavira Pl · Englewood, FL
Flood risk 8/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 28 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +10.5/30.0
- ARV discount +8.3/15.0
- Schools +6.6/10.0
- Condition / age +5.0/5.0
- Rent growth +4.8/5.0
- 1% rule +4.0/10.0
- Livability +3.7/5.0
- DSCR +3.0/10.0
- Appreciation +0.0/10.0
$347,990
1620 Tavira Pl · Englewood, FL 34223
2 bd · 2.0 ba · 1,321 sqft · SingleFamily
· 129 Days on market
Built 2026
4,522 sqft lot
2-car garage
$263/sqft
· at area comps
Est $354k · at est.
$254/mo HOA · 8% of rent
↓ 13% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Pre-Construction. To be built. This Colton floorplan is an inviting attached villa offering 2 bedrooms, 2 bathrooms, and 2-car garage. Designed for modern Florida living, the home features a spacious gathering room, a covered and screened brick-paver lanai. Pools can be built on To Be Built villas. The kitchen is beautifully appointed with Aristokraft cabinetry, Quartz counters, and a full suite of stainless-steel appliances, including a gas range and exterior-vented microwave. The home also features whole-house impact-resistant windows, a concrete tile roof and an electric car outlet in the garage.
Key facts
- Quartz counters
- Attached villa
- Gas range
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath single-family listed at $348k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $-603 ($-7k/yr) — negative.
- To cash-flow at today's rent, offer at most $261k (25.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $314k (9.7% below list).
- Recommended offer: $261k (25.1% below list) — sets the bar for cash-flow.
- Cap rate 5.7% vs local median 3.4% 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.
- Zoned schools: Englewood Elementary School (math 65% / reading 66%, grade B+, #500 of 2,144 statewide, top 24%, 587 students, 52% FRL).
- Market conditions: Rents rising fast (+9.0%/yr); 773 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 70d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
- At $3,142/mo this rent would consume 50% of the median local household income ($76k/yr) (locally 15% 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 $2k of loan paydown is wiped out by about $10k 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 129 days — a 12% lower offer ($306k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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
$260,669
(25.1% below list)
Questions for the listing agent
- 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?
- It's been on market 129 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.90% ✗
- Cap rate
- 5.68%
- Cash-on-cash
- -2.18%
- DSCR
- 0.90
- GRM
- 9.2
CMA / ARV
- ARV (median comp)
- $354,290
- List price
- $347,990
- Delta
- -1.78%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1173 Brown St | 0.54mi | 3/2.0 (+1) | 1,327 (+0%) | 1mo | $360,000 | $271 | 68 |
| 1266 Lincoln Dr | 0.70mi | 2/2.0 | 1,275 (-4%) | 3mo | $250,000 | $196 | 59 |
| 1082 Haste Ln | 0.67mi | 2/2.0 | 1,261 (-4%) | 4mo | $388,000 | $308 | 58 |
| 824 E 6th St | 0.55mi | 2/2.0 | 1,246 (-6%) | 9mo | $350,000 | $281 | 57 |
| 1167 Delmar St | 0.43mi | 2/1.5 | 1,176 (-11%) | 6mo | $275,000 | $234 | 55 |
| 1157 North Ln | 0.64mi | 2/1.0 | 1,356 (+3%) | 10mo | $187,000 | $138 | 53 |
| 914 E 2nd St | 0.62mi | 2/2.0 | 1,214 (-8%) | 6mo | $240,000 | $198 | 53 |
| 886 E 4th St | 0.46mi | 2/2.0 | 1,518 (+15%) | 1mo | $350,000 | $231 | 53 |
| 1005 E 2nd St | 0.60mi | 2/2.0 | 1,420 (+8%) | 8mo | $395,000 | $278 | 52 |
| 857 E 3rd St | 0.59mi | 2/2.0 | 1,144 (-13%) | 4mo | $365,000 | $319 | 47 |
| 1030 Haste Ln | 0.69mi | 3/2.0 (+1) | 1,422 (+8%) | 7mo | $472,000 | $332 | 44 |
| 1165 South Ln | 0.69mi | 3/1.5 (+1) | 1,209 (-8%) | 7mo | $170,000 | $141 | 40 |
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 · 8.0% rent growth · sell at horizon
5-year hold
- IRR
- -21.9%
- Equity multiple
- 0.20×
- Total profit
- $-77,755
- Equity at exit
- $51,886
10-year hold
- IRR
- -4.9%
- Equity multiple
- 0.59×
- Total profit
- $-39,738
- Equity at exit
- $30,088
Cash invested: $97,437 (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.
Buyer's market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 17 active · 14 under contract
- Months of supply
- 6.4 mo (16%/mo absorbed)
- Median asking
- $299,000 ($235/sqft)
- Median days on market
- 110 d
- This list price
- 59% of active listings are priced below it
- ARV vs active asking
- +14.2% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34223
- Home prices YoY
- -34.2%
- Rents YoY
- 9.0%
- Active inventory
- 773
- Price-to-rent
- 9.2×
Monthly cashflow live
↻
- Estimated rent
- $3,142 high interval (Pro) →
- Mortgage (P&I)
- −$1,825
- Tax est. 1.5%
- −$435 /mo · $5,220/yr
- Insurance
- −$145
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$254
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$660
- Net cashflow
- $-603
Break-even live
Break-even rent
$3,906
Max offer price
$260,669
Occupancy floor
—
Sensitivity live
| Price | -10% $-363 | -5% $-483 | +0% $-603 | +5% $-724 | +10% $-844 |
|---|---|---|---|---|---|
| Rent | -10% $-852 | -5% $-728 | +0% $-603 | +5% $-479 | +10% $-355 |
| Rate | -1.0pp $-428 | -0.5pp $-515 | base $-603 | +0.5pp $-694 | +1.0pp $-785 |
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
- $86,998
- Closing costs
- $10,440
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 11 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1120 Lampp Dr Englewood, FL | 3.0 | 2.0 | 1212 | $4,000 | $3.30 | 70d | 1 | 0.38mi |
| 858 E 7th St Englewood, FL | 3.0 | 2.0 | 1244 | $1,995 | $1.60 | 70d | 1 | 0.40mi |
| 1081 Humboldt St Englewood, FL | 3.0 | 2.0 | 1838 | $2,400 | $1.31 | 70d | 1 | 0.94mi |
| 1531 Placida Rd #203 Englewood, FL | 2.0 | 2.0 | 1056 | $3,900 | $3.69 | 70d | 1 | 1.03mi |
| 1531 Placida Rd #204 Englewood, FL | 2.0 | 2.0 | 1056 | $3,500 | $3.31 | 70d | 1 | 1.03mi |
| 1575 Loralin Dr Englewood, FL | 3.0 | 2.0 | 1322 | $5,000 | $3.78 | 70d | 1 | 1.03mi |
| 2275 S McCall Rd #201 Englewood, FL | 2.0 | 2.0 | 1050 | $2,000 | $1.90 | 62d | 1 | 1.04mi |
| 1501 Helene Ave Englewood, FL | 3.0 | 2.0 | 1608 | $3,200 | $1.99 | 62d | 1 | 1.12mi |
| 1210 S Maryknoll Rd Englewood, FL | 2.0 | 2.0 | 1063 | $2,600 | $2.45 | 70d | 1 | 1.14mi |
| 1401 S McCall Rd Unit 301A Englewood, FL | 2.0 | 2.0 | 1093 | $3,300 | $3.02 | 70d | 1 | 1.29mi |
| 2643 Lear Rd Englewood, FL | 2.0 | 2.0 | 1206 | $5,800 | $4.81 | 70d | 1 | 1.45mi |
Property features AI
Finance
- Other
- Home warranty providedCDD applicable
- Financial info
- Lease restrictions apply
- HOA & community
- Homeowners association (monthly fee $254) — fee includes common area taxes, pool, and grounds maintenanceAssociation approval requiredAssociation amenities: gated community, pool, maintenance, fence restrictionsCommunity features: association recreation (owned), community mailbox, reclaimed water irrigation, sidewalks, street lightsPets allowed (cats and dogs; number limit)
Exterior
- Parking
- Attached 2-car garage (20x20)DrivewayOn-street parking
- Security
- Gated community with security gateSmoke detectors
- Utilities
- Public waterPublic sewerElectricity available and connectedNatural gas available and connectedCable available and connectedFiber opticsBB/HS internet availableSewer connectedSprinkler recycledUnderground utilitiesIrrigation equipment; reclaimed water irrigation and rainwater reuse
- Home design
- Residential villaPre-construction (projected completion Dec 1, 2026)One storySouth-facingEntry level: 1
- Construction
- Block, concrete, metal frame construction with stuccoConcrete and tile roofSlab foundationNew construction by Pulte Homes (Builder model: Colton)
- Exterior features
- Covered, enclosed, screened front and rear porchesRear porchFront porchRain guttersSidewalksPaved surfaces
Interior
- Kitchen
- Convection ovenDishwasherDisposalMicrowaveRangeRefrigeratorTankless water heaterGas water heater
- Bedrooms
- 2 bedrooms
- Flooring
- CarpetCeramic tileTile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heating (heat pump)Central air
- Interior features
- In-wall pest control systemKitchen/family room comboSolid surface countersSolid wood cabinetsSplit-bedroom layoutStone countersThermostatWalk-in closet(s)Double pane, insulated and thermal windows with storm windows; ENERGY STAR qualifiedHVAC UV/electronic filtration
- Laundry & utility
- Laundry roomWasherDryer
HOA detail $254/mo · $3,048/yr
- Likely covers
- gaselectricpool
Listing history 50 events
-
2026-08-08days on market $347,990 Active 129 DOM
-
2026-08-07days on market $347,990 Active 128 DOM
-
2026-08-06days on market $347,990 Active 127 DOM
-
2026-08-05days on market $347,990 Active 126 DOM
-
2026-08-04days on market $347,990 Active 125 DOM
-
2026-08-03days on market $347,990 Active 124 DOM
-
2026-07-31days on market $347,990 Active 121 DOM
-
2026-07-30days on market $347,990 Active 119 DOM
-
2026-07-24days on market $347,990 Active 114 DOM
-
2026-07-23days on market $347,990 Active 113 DOM
-
2026-07-22days on market $347,990 Active 112 DOM
-
2026-07-21days on market $347,990 Active 111 DOM
-
2026-07-20days on market $347,990 Active 110 DOM
-
2026-07-18days on market $347,990 Active 108 DOM
-
2026-07-18days on market $347,990 Active 107 DOM
-
2026-07-16days on market $347,990 Active 106 DOM
-
2026-07-15days on market $347,990 Active 105 DOM
-
2026-07-13days on market $347,990 Active 103 DOM
-
2026-07-13days on market $347,990 Active 102 DOM
-
2026-07-11days on market $347,990 Active 101 DOM
-
2026-07-10days on market $347,990 Active 100 DOM
-
2026-07-09days on market $347,990 Active 99 DOM
-
2026-07-07days on market $347,990 Active 97 DOM
-
2026-07-06days on market $347,990 Active 96 DOM
-
2026-07-05days on market $347,990 Active 95 DOM
-
2026-07-03days on market $347,990 Active 93 DOM
-
2026-07-02days on market $347,990 Active 92 DOM
-
2026-07-01days on market $347,990 Active 91 DOM
-
2026-06-30days on market $347,990 Active 90 DOM
-
2026-06-29days on market $347,990 Active 89 DOM
-
2026-06-28days on market $347,990 Active 88 DOM
-
2026-06-27days on market $347,990 Active 87 DOM
-
2026-06-27days on market $347,990 Active 86 DOM
-
2026-06-25days on market $347,990 Active 84 DOM
-
2026-06-22days on market $347,990 Active 82 DOM
-
2026-06-21days on market $347,990 Active 81 DOM
-
2026-06-18days on market $347,990 Active 78 DOM
-
2026-06-17days on market $347,990 Active 77 DOM
-
2026-06-16days on market $347,990 Active 76 DOM
-
2026-06-15days on market $347,990 Active 75 DOM
-
2026-06-13days on market $347,990 Active 73 DOM
-
2026-06-13days on market $347,990 Active 72 DOM
-
2026-06-10days on market $347,990 Active 70 DOM
-
2026-06-09days on market $347,990 Active 69 DOM
-
2026-06-08days on market $347,990 Active 68 DOM
-
2026-06-08days on market $347,990 Active 67 DOM
-
2026-06-05days on market $347,990 Active 64 DOM
-
2026-06-03days on market $347,990 Active 63 DOM
-
2026-06-02days on market $347,990 Active 62 DOM
-
2026-06-01days on market $347,990 Active 61 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 8/10 Severe FEMA zone AE · 99% chance over 30 yrs
- Wildfire 4/10 Moderate
- 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $37,701
- − Mortgage interest
- −$19,493
- − Property taxes
- −$5,220
- − Insurance
- −$6,858
- − Repairs & maintenance
- −$3,016
- − Management
- −$3,016
- − HOA
- −$3,048
- − Depreciation
- −$10,123
- Taxable loss
- −$13,074
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$3,138
- After-tax cash flow
- $-4,104/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 · 11 photos
100/100
None rehab
This new construction home is move-in ready with modern finishes and a desirable location. It offers a spacious layout, modern kitchen, and well-maintained bathrooms. Consider landscaping and smart home features to further enhance its value.
Value-add opportunities
- Both Landscaping and curb appeal improvements — Enhances the home's curb appeal and can attract more buyers. ↑
- Both Add smart home features — Improves convenience and can increase both resale and rental value. ↑
- Both Install energy-efficient windows — Reduces energy costs and enhances the home's appeal to eco-conscious buyers and renters. ↑
C
Composite school gradezoned avg 66/100
Zoned Schools
Elementary
Englewood Elementary School
B+
FL #500/2,144
Nat'l #5,011/41,679
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
B
Composite livability gradescore 73/100
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 · 452,380 people
- City population
- 35,420
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 19,884
- Household income
- $76,016
- Rent vs Own
- Severe rent burden
- 15% of renters
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 |
|
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Price history
-13.0% since first listed2 events — show timeline
- 2026-04-04 Price Changed $347,990 Stellar MLS as Distributed by MLS Grid
- 2026-04-01 Listed $399,990 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…