3380 W Price Blvd · North Port, FL 34286

$259,000

3 bd · 2.0 ba · 1,379 sqft · SingleFamily public records · 4 Days on market

Built 1997 10,000 sqft lot

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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 +22.9/30.0
• ARV discount +7.5/15.0
• DSCR +7.4/10.0
• Schools +5.4/10.0
• 1% rule +5.1/10.0
• Livability +3.8/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Move right into this beautifully maintained furnished 3 bedroom, 2 bath, 2 car garage home offering comfort, convenience, and exceptional value on a landscaped city water lot in a highly desirable North Port location. With a new roof in 2023, new hot water heater in 2022, fenced backyard, 10x12 storage shed, and an oversized 11.5x23.5 covered lanai, this property is packed with features both inside and out. From the moment you arrive, the eye-catching Jacaranda tree, freshly painted exterior (4 yr), and manicured landscaping create inviting curb appeal. Inside, the nearly 1,400 square foot floor plan feels bright and spacious with soaring cathedral angular ceilings, decorative plant shelvin

Key facts

• 10x12 storage shed
• New hot water heater
• Fenced backyard

Tags

• NEW ROOF
• NEW HOT WATER HEATER
• FENCED BACKYARD
• 10X12 STORAGE SHED
• OVERSIZED COVERED LANAI
• MANICURED LANDSCAPING

Property features AI

Finance

• Other: Furnished; Zoning: RSF2
• Financial info: No lease restrictions reported; Homestead exemption indicated
• HOA & community: Community amenities include dog park, fitness center, park, and playground; Pets allowed

Exterior

• Parking: Attached 2-car garage (approx. 20 x 20); Driveway parking
• Security: Smoke detectors installed
• Utilities: Public water available; Septic tank sewer; Electricity connected
• Home design: Single-family residence; One-story; South-facing
• Construction: Block foundation; Block and stucco construction; Shingle roof; Completed property
• Exterior features: Covered front and rear porches; Screened porch; Exterior lighting; Rain gutters; Shed on property; Mature landscaping; Paved, city-limits lot; Publicly maintained road access; Lot dimensions approximately 80 x 125

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Stone counters
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Cathedral ceilings; Ceiling fans; Open floor plan; Split bedroom layout; Stone countertops; Programmable thermostat; Walk-in closets; Window treatments; Skylights; Blinds
• Laundry & utility: Washer hookup; Dryer hookup (electric); Laundry in garage

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $259k.

Deal economics

• At list price, monthly cash flow is $456 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $259k).
• Cap rate 8.4% 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: Cranberry Elementary School (math 69% / reading 68%, grade B+, #409 of 2,144 statewide, top 20%, 785 students, 68% 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 61% FRL vs 42% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.1%/yr); 837 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 39% 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 4 days on market — expect competitive offers; lowballing is unlikely to land.

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 $259,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 1.01% ✓
• Cap rate: 8.41%
• Cash-on-cash: 7.55%
• DSCR: 1.34
• GRM: 8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -6.8%
• Equity multiple: 0.75×
• Total profit: $-17,854
• Equity at exit: $38,618

10-year hold

• IRR: 0.5%
• Equity multiple: 1.03×
• Total profit: $2,331
• Equity at exit: $22,394

Cash invested: $72,520 (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: 837
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,627 medium
• Mortgage (P&I): −$1,358
• Tax from tax record: −$153 /mo · $1,834/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$552
• Net cashflow: $456

Break-even live

Break-even rent $2,049

Max offer price $259,000

Occupancy floor 78%

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: $64,750
• Closing costs: $7,770
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3428 W Price Blvd North Port, FL	4.0	2.0	1858	$2,470	$1.33	14d	1	0.08mi
1450 Front Pl North Port, FL	1.0–3.0	1.0–2.5	1132	$2,635	$2.33	1d	15	1.16mi

Listing history 6 events

1. 2026-05-16
   status Pending 3001-char remark
2. 2026-05-12
   listed $259,000 Active 3001-char remark
3. 2017-09-05
   soldstatus $90,000
4. 2001-07-25
   soldstatus $87,000
5. 1997-06-16
   soldstatus $79,700
6. 1993-02-10
   soldstatus $18,300

ⓘ 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: $1,834 · $153/mo
• Projected year-2 tax: $2,150 · $179/mo
• Expected delta: +$315/yr (+$26/mo · 17.2%)

ⓘ 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 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,523
• − Mortgage interest: −$14,508
• − Property taxes: −$1,834
• − Insurance: −$1,295
• − Repairs & maintenance: −$2,522
• − Management: −$2,522
• − Depreciation: −$7,535
• Taxable income: $1,307
• Est. tax owed @ 24.0%: −$314
• After-tax cash flow: $5,161/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

+1359.0% since first listed

7 events — show timeline

• 2026-06-16 Sold (MLS) $267,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-12 Listed $259,000 Stellar MLS as Distributed by MLS Grid
• 2017-09-05 Sold (Public Records) $90,000 Public Records
• 2001-07-25 Sold (Public Records) $87,000 Public Records
• 1997-06-16 Sold (Public Records) $79,700 Public Records
• 1993-02-10 Sold (Public Records) $18,300 Public Records

Property tax history

+1.3%/yr

Latest (2025): $1,834 · +6.9% YoY. Source: county tax records.