1800 Englewood #36 · Englewood, FL 34223

$65,000

1 bd · 1.0 ba · 576 sqft · Manufactured · 48 Days on market

Built 1973 Good condition 2,735 sqft lot $130/mo HOA · 7% of rent ↓ 24% since listing

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Why this score? — see what drove the B+ 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• Rent growth +4.8/5.0
• Condition / age +3.8/5.0
• Livability +3.7/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cute and Tidy 1 Bed 1 Bath Mobile Home in very desirable community. Equipped for central air, covered front porch. Close to Beaches, Dining, Shopping yet far enough away from big cities. Oak Grove is an active, resident owned community with amenities including a heated pool, recreation center, billiards, shuffleboard, exercise classes as well as community dances and events. Wi-Fi and ground maintenance are included in the low monthly fee of $130. Less than 4 miles to Manasota Beach.

Key facts

• Close to restaurants
• Community amenities
• Close to shopping

Tags

• REMODELED MANUFACTURED HOME
• SPACIOUS COVERED FLORIDA ROOM
• CONVENIENT CARPORT
• COMMUNITY AMENITIES
• CLOSE TO SHOPPING
• CLOSE TO RESTAURANTS

Property features AI

Finance

• Other: Property type: Residential mobile home; Lot cleared; asphalt road access; Lot approx. 0.06 acres
• Financial info: Total monthly fees $130; total annual fees $1,560; Lease restrictions apply
• HOA & community: Monthly HOA $130 (required); association approval required; Association amenities include clubhouse and pool; Senior community; Deed restrictions; Buyer approval required; Golf carts allowed; Pets allowed

Exterior

• Parking: Covered parking; Carport with 2 spaces
• Utilities: Public water; Public sewer; Electricity connected; Broadband/high-speed internet available; Water connected; Sewer connected
• Home design: Residential mobile home; Single wide; One level; Faces north; Entry level: One
• Construction: Metal siding; Metal roof (and other); Crawlspace foundation; Built as mobile home
• Exterior features: Covered patio/porch; Front porch; Patio; Porch; Screened porch; Rain gutters; Storage

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Laminate flooring; Vinyl flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air; Wall/window unit(s)
• Interior features: Ceiling fans; Eat-in kitchen; Open floor plan
• Laundry & utility: Laundry closet; Outdoor laundry access

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $65k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $817 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $65k).
• Recommended offer: $63k (3.0% below list) — sets the bar for market timing.
• Cap rate 21.4% vs local median 3.8% 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.
• Market conditions: Rents rising fast (+9.0%/yr); 717 active listings in the ZIP; solid renter incomes; 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 $449 of loan paydown is wiped out by about $2k 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 $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 48 days — a 3% lower offer ($63k) 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: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $63,050 (3.0% below list)

Questions for the listing agent

1. It's been on market 48 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 2.72% ✓
• Cap rate: 21.37%
• Cash-on-cash: 53.85%
• DSCR: 3.40
• GRM: 3.1

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: 58.2%
• Equity multiple: 3.80×
• Total profit: $50,928
• Equity at exit: $9,692

10-year hold

• IRR: 65.0%
• Equity multiple: 9.48×
• Total profit: $154,260
• Equity at exit: $5,620

Cash invested: $18,200 (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 34223

• Home prices YoY: -34.2%
• Rents YoY: 9.0%
• Active inventory: 717
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $1,767 medium
• Mortgage (P&I): −$341
• Tax est. 1.5%: −$81 /mo · $975/yr
• Insurance: −$27
• HOA: −$130
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $817

Break-even live

Break-even rent $733

Max offer price $65,000

Occupancy floor 49%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $130 · $1,560/yr
• Likely covers: internetpool

Listing history 28 events

1. 2026-06-18
   days on market $65,000 Active 48 DOM
2. 2026-06-17
   days on market $65,000 Active 47 DOM
3. 2026-06-16
   days on market $65,000 Active 46 DOM
4. 2026-06-15
   days on market $65,000 Active 45 DOM
5. 2026-06-13
   days on market $65,000 Active 43 DOM
6. 2026-06-13
   days on market $65,000 Active 42 DOM
7. 2026-06-10
   days on market $65,000 Active 40 DOM
8. 2026-06-09
   days on market $65,000 Active 39 DOM
9. 2026-06-08
   days on market $65,000 Active 38 DOM
10. 2026-06-08
    days on market $65,000 Active 37 DOM
11. 2026-06-05
    days on market $65,000 Active 34 DOM
12. 2026-06-03
    days on market $65,000 Active 33 DOM
13. 2026-06-02
    days on market $65,000 Active 32 DOM
14. 2026-06-01
    days on market $65,000 Active 31 DOM
15. 2026-05-31
    days on market $65,000 Active 30 DOM
16. 2026-05-01
    listed $65,000 Active 883-char remark
17. 2024-09-17
    historical
18. 2024-06-18
    price $99,000
19. 2024-06-04
    price $104,000
20. 2024-04-08
    status Active
21. 2024-03-24
    status Pending
22. 2024-02-28
    price $109,900
23. 2024-02-27
    listed $24,900 Active
24. 2023-03-09
    soldstatus $74,900 Closed

    Show marketing remark (487 chars)

    Cute and Tidy 1 Bed 1 Bath Mobile Home in very desirable community. Equipped for central air, covered front porch. Close to Beaches, Dining, Shopping yet far enough away from big cities. Oak Grove is an active, resident owned community with amenities including a heated pool, recreation center, billiards, shuffleboard, exercise classes as well as community dances and events. Wi-Fi and ground maintenance are included in the low monthly fee of $130. Less than 4 miles to Manasota Beach.

25. 2023-02-17
    status Pending

    Show marketing remark (487 chars)

    Cute and Tidy 1 Bed 1 Bath Mobile Home in very desirable community. Equipped for central air, covered front porch. Close to Beaches, Dining, Shopping yet far enough away from big cities. Oak Grove is an active, resident owned community with amenities including a heated pool, recreation center, billiards, shuffleboard, exercise classes as well as community dances and events. Wi-Fi and ground maintenance are included in the low monthly fee of $130. Less than 4 miles to Manasota Beach.

26. 2023-02-16
    price $74,900

    Show marketing remark (487 chars)

    Cute and Tidy 1 Bed 1 Bath Mobile Home in very desirable community. Equipped for central air, covered front porch. Close to Beaches, Dining, Shopping yet far enough away from big cities. Oak Grove is an active, resident owned community with amenities including a heated pool, recreation center, billiards, shuffleboard, exercise classes as well as community dances and events. Wi-Fi and ground maintenance are included in the low monthly fee of $130. Less than 4 miles to Manasota Beach.

27. 2023-02-04
    price $79,900

    Show marketing remark (487 chars)

    Cute and Tidy 1 Bed 1 Bath Mobile Home in very desirable community. Equipped for central air, covered front porch. Close to Beaches, Dining, Shopping yet far enough away from big cities. Oak Grove is an active, resident owned community with amenities including a heated pool, recreation center, billiards, shuffleboard, exercise classes as well as community dances and events. Wi-Fi and ground maintenance are included in the low monthly fee of $130. Less than 4 miles to Manasota Beach.

28. 2023-01-18
    listed $85,000 Active

    Show marketing remark (487 chars)

    Cute and Tidy 1 Bed 1 Bath Mobile Home in very desirable community. Equipped for central air, covered front porch. Close to Beaches, Dining, Shopping yet far enough away from big cities. Oak Grove is an active, resident owned community with amenities including a heated pool, recreation center, billiards, shuffleboard, exercise classes as well as community dances and events. Wi-Fi and ground maintenance are included in the low monthly fee of $130. Less than 4 miles to Manasota Beach.

ⓘ 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 5/10 Major FEMA zone X (shaded) · 48% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,204
• − Mortgage interest: −$3,641
• − Property taxes: −$975
• − Insurance: −$325
• − Repairs & maintenance: −$1,696
• − Management: −$1,696
• − HOA: −$1,560
• − Depreciation: −$1,891
• Taxable income: $9,419
• Est. tax owed @ 24.0%: −$2,261
• After-tax cash flow: $7,540/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 · 12 photos

Good 75/100 Cosmetic rehab

This beautifully remodeled 1-bedroom, 1-bath manufactured home in a 55+ community is in good condition with minimal repairs needed. It offers a bright, open layout and is ready for a new owner.

Value-add opportunities

• Both Paint interior walls and ceiling — Fresh paint enhances curb appeal and interior aesthetics
• Both Replace ceiling fan blades — New blades improve functionality and appearance
• Both Replace blinds with energy-efficient windows — New windows improve energy efficiency and curb appeal

Renovation cost estimate screening

Value-add ROI direction

• Both Paint interior walls and ceiling — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Replace ceiling fan blades — New blades improve functionality and appearance ↑
• Both Replace blinds with energy-efficient windows — New windows improve energy efficiency and curb appeal ↑

ⓘ 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 — 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 · 448,376 people
• City population: 35,420
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 19,884
• Household income: $76,016
• Rent vs Own: 12.5% rent · 87.5% own
• Severe rent burden: 290.0

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 (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

Price history

-23.5% since first listed

13 events — show timeline

• 2026-05-01 Listed $65,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-17 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-06-18 Price Changed $99,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-04 Price Changed $104,000 Stellar MLS as Distributed by MLS Grid
• 2024-04-08 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-03-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-02-28 Price Changed $109,900 Stellar MLS as Distributed by MLS Grid
• 2024-02-27 Listed $24,900 Stellar MLS as Distributed by MLS Grid
• 2023-03-09 Sold (MLS) $74,900 Stellar MLS as Distributed by MLS Grid
• 2023-02-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-02-16 Price Changed $74,900 Stellar MLS as Distributed by MLS Grid
• 2023-02-04 Price Changed $79,900 Stellar MLS as Distributed by MLS Grid
• 2023-01-18 Listed $85,000 Stellar MLS as Distributed by MLS Grid