7077 W Country Club Dr N · Desoto Acres, FL 34243

$299,900

3 bd · 2.0 ba · 1,798 sqft · Condo public records · 183 Days on market

Built 1978 $538/mo HOA · 16% of rent

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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).

• Cash flow +13.6/30.0
• ARV discount +7.5/15.0
• 1% rule +6.1/10.0
• Schools +4.4/10.0
• DSCR +4.1/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +1.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Exceptional opportunity to own this Palm Aire Country Club villa, ideally positioned on the 13th hole with sweeping golf course and water views. This villa offers over 2,100 square feet of living space under air, with the lanai elevated to seamlessly match the main living areas. Enjoy the benefit of no CDD fees and a Sarasota address while paying Manatee County taxes. The location is unbeatable—just minutes from the vibrant University Corridor with its wide variety of restaurants, shops, Benderson Park, SRQ Airport, and, of course, the world-famous Gulf beaches. Residents also enjoy a beautiful community pool conveniently located just across the

Key facts

• Water views
• No cdd fees
• Manatee county taxes

Tags

• GOLF COURSE VIEWS
• WATER VIEWS
• NO CDD FEES
• SARASOTA ADDRESS
• MANATEE COUNTY TAXES
• CHAMPIONSHIP GOLF COURSES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $300k.

Deal economics

• At list price, monthly cash flow is $15 ($177/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $300k).
• Recommended offer: $264k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.4% vs local median 4.0% in Desoto Acres — 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: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Manatee (suburban): math 54% / reading 50% proficiency, ranked #26 of 73 in FL (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Marjorie G. Kinnan Elementary School (math 60% / reading 49%, grade C, #892 of 2,144 statewide, top 44%, 516 students, 73% FRL); Braden River Middle School (math 54% / reading 47%, grade C, #246 of 571 statewide, top 44%, 810 students, 58% FRL); Braden River High School (math 44% / reading 52%, grade D, #201 of 667 statewide, top 30%, 1,774 students, 45% FRL).
• Market conditions: Rents falling (-4.1%/yr); 388 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• At $3,333/mo this rent would consume 49% of the median local household income ($81k/yr) (locally 1138% 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 $9k of value loss. Plan a longer hold.
• Manatee County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 183 days — a 12% lower offer ($264k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $75k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $258k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: 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 $263,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 183 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.11% ✓
• Cap rate: 6.35%
• Cash-on-cash: 0.21%
• DSCR: 1.01
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -20.2%
• Equity multiple: 0.32×
• Total profit: $-57,037
• Equity at exit: $44,716

10-year hold

• IRR: -24.8%
• Equity multiple: -0.01×
• Total profit: $-84,637
• Equity at exit: $25,930

Cash invested: $83,972 (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 34243

• Home prices YoY: -23.0%
• Rents YoY: -4.1%
• Active inventory: 388
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $3,333 high
• Mortgage (P&I): −$1,573
• Tax from tax record: −$383 /mo · $4,593/yr
• Insurance: −$125
• HOA: −$538
• Vacancy / Maint / Mgmt: −$700
• Net cashflow: $15

Break-even live

Break-even rent $3,314

Max offer price $299,900

Occupancy floor 95%

Sensitivity live

Price	-10% $185	-5% $100	+0% $15	+5% $-70	+10% $-155
Rent	-10% $-249	-5% $-117	+0% $15	+5% $146	+10% $278
Rate	-1.0pp $166	-0.5pp $91	base $15	+0.5pp $-63	+1.0pp $-142

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: $74,975
• Closing costs: $8,997
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6892 W Country Club Ln Sarasota, FL	2.0	2.0	1444	$3,500	$2.42	25d	1	0.17mi
6986 W Country Club Dr N #6986 Sarasota, FL	3.0	2.0	1468	$4,600	$3.13	25d	1	0.17mi
7093 Fairway Bend Ln Sarasota, FL	2.0	2.0	1756	$4,600	$2.62	25d	1	0.18mi
5581 Golf Pointe Dr Sarasota, FL	2.0	2.0	2154	$2,600	$1.21	25d	1	0.43mi
5635 Golf Pointe Dr #101 Sarasota, FL	2.0	2.0	1529	$2,000	$1.31	5d	1	0.45mi
4665 Whitfield Ave Sarasota, FL	1.0–3.0	1.0–2.0	1023	$2,990	$2.92	4d	59	0.46mi
7405 W Country Club Dr N #104 Sarasota, FL	3.0	2.0	1444	$3,200	$2.22	25d	1	0.50mi
5640 Golf Pointe Dr #101 Sarasota, FL	3.0	2.0	1529	$2,250	$1.47	5d	1	0.53mi
5761 Avista Dr Unit 5761 Sarasota, FL	2.0	2.0	1284	$4,000	$3.12	25d	1	0.58mi
6907 Ranch Rd Sarasota, FL	4.0	3.0	2341	$3,195	$1.36	25d	1	0.58mi
5905 Doral Dr Sarasota, FL	2.0	2.0	1298	$2,400	$1.85	25d	1	0.65mi
7186 Lakeside Dr Sarasota, FL	3.0	2.0	1518	$2,750	$1.81	18d	1	0.69mi
6960 Stetson Street Cir Sarasota, FL	3.0	2.0	1944	$3,450	$1.77	25d	1	0.73mi
5829 Fairwoods Cir Sarasota, FL	3.0	3.0	1999	$3,500	$1.75	23d	1	0.73mi
5939 Sandstone Ave Sarasota, FL	2.0	2.0	1732	$2,900	$1.67	21d	1	0.81mi
5217 Canterbury Dr Sarasota, FL	3.0	2.0	2146	$2,800	$1.30	25d	1	0.81mi
5008 Medalist Rd Sarasota, FL	3.0	2.0	1824	$3,000	$1.64	25d	1	0.90mi
6289 Mesa Gln Bradenton, FL	3.0	3.0	2406	$4,750	$1.97	12d	1	0.91mi
5219 Inverness Dr Sarasota, FL	3.0	2.0	1933	$3,200	$1.66	25d	1	0.98mi
7557 Fairlinks Ct Sarasota, FL	3.0	2.0	1782	$7,000	$3.93	25d	1	0.99mi
5419 Summit Gln Bradenton, FL	3.0	3.5	1987	$8,000	$4.03	25d	1	1.11mi
5409 Palm Aire Dr Sarasota, FL	3.0	2.0	2098	$3,500	$1.67	25d	1	1.14mi
6222 45th Ln E Bradenton, FL	3.0	2.0	2311	$2,800	$1.21	25d	1	1.16mi
7101 Victoria Cir University Park, FL	3.0	2.5	2254	$3,900	$1.73	25d	1	1.16mi
4208 76th Dr E Sarasota, FL	3.0	2.0	1350	$2,645	$1.96	5d	1	1.16mi
6188 46th St E Bradenton, FL	4.0	3.0	2330	$3,995	$1.71	18d	1	1.19mi
7448 39th Ct E Sarasota, FL	4.0	3.0	2421	$4,800	$1.98	25d	1	1.21mi
6110 Country Club Way #201 Sarasota, FL	2.0	2.0	1400	$4,000	$2.86	25d	1	1.28mi
6120 Country Club Way #207 Sarasota, FL	2.0	2.0	1400	$1,950	$1.39	25d	1	1.30mi
7711 Whitebridge Gln University Park, FL	2.0	2.0	1609	$2,500	$1.55	25d	1	1.35mi
6718 Virginia Xing University Park, FL	3.0	2.0	1721	$5,250	$3.05	25d	1	1.37mi
6614 64th Ter E Bradenton, FL	3.0	2.0	2133	$3,250	$1.52	23d	1	1.38mi
7725 Whitebridge Gln University Park, FL	2.0	2.0	1344	$5,250	$3.91	25d	1	1.38mi
7911 Whitebridge Gln University Park, FL	2.0	2.0	1721	$6,500	$3.78	25d	1	1.42mi
6615 35th Ct E Sarasota, FL	3.0	2.0	2065	$3,250	$1.57	25d	1	1.42mi
3612 75th Dr E Sarasota, FL	3.0	2.0	1245	$3,050	$2.45	25d	1	1.45mi

HOA detail condo

• Monthly dues: $538 · $6,456/yr
• Likely covers: waterpool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 14 events

1. 2026-04-26
   status Pending
2. 2026-04-01
   price $299,900
3. 2026-03-23
   price $309,900
4. 2026-03-05
   status Active
5. 2026-03-05
   price $312,500
6. 2025-12-01
   price $325,000
7. 2025-11-14
   price $347,500
8. 2025-10-23
   price $350,000
9. 2025-10-13
   price $360,000
10. 2025-09-28
    price $365,000
11. 2025-09-17
    price $370,000
12. 2025-09-09
    listed $375,000 Active
13. 2017-12-15
    soldstatus $257,999
14. 1989-04-17
    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: $4,593 · $383/mo
• Projected year-2 tax: $4,593 · $383/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $39,998
• − Mortgage interest: −$16,799
• − Property taxes: −$4,593
• − Insurance: −$1,500
• − Repairs & maintenance: −$3,200
• − Management: −$3,200
• − HOA: −$6,456
• − Depreciation: −$8,724
• Taxable loss: −$4,474
• Est. tax savings @ 24.0%: +$1,074
• After-tax cash flow: $1,251/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: Manatee
• NCES district ID: 1201230
• Math proficiency: 54% ▼ -6.00%
• Reading proficiency: 50% ▼ -2.00%
• Median HH income: $49,607
• Composite: 44.43/100
• National rank: #2806
• State rank: #26 of 73 in FL

Livability — Desoto Acres

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Manatee County · 416,364 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 32,773
• Household income: $81,219
• Rent vs Own: 28.5% rent · 71.5% own
• Severe rent burden: 1138.0

Population outlook (Manatee County) Hauer SSP2

• Today (2025): 447,342 people
• By 2030: 488,911 · +9.3%
• By 2040: 567,934 · +27.0%
• By 2050: 637,995 · +42.6%
• By 2075: 781,970 · +74.8%
• By 2100: 848,272 · +89.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 14% Two or more races 11% Asian 3% Black 3%
• Hispanic origin (detail): Mexican 5% Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 2%
• Foreign-born: 16% · Canada, Vietnam, Jamaica
• Languages at home: 81% English-only · Spanish 8% Russian/Polish/Slavic 3% Other Indo-European 3%

Political lean MEDSL · Manatee

• 2024 margin: Strong R (+23.5) · D 37.9% · R 61.4%
• 2008→2024 swing: -16.5pp toward R · 2008: -7.0pp · 2024: -23.5pp
• All cycles: 2024: R+23.5 2020: R+16.1 2016: R+17.1 2012: R+12.5 2008: R+7.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -83.67%
• Current HPI: 280.5372
• Rent YoY: ▼ -4.14%
• 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

+149.9% since first listed

14 events — show timeline

• 2026-04-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-01 Price Changed $299,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-23 Price Changed $309,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-05 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-05 Price Changed $312,500 Stellar MLS as Distributed by MLS Grid
• 2025-12-01 Price Changed $325,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-14 Price Changed $347,500 Stellar MLS as Distributed by MLS Grid
• 2025-10-23 Price Changed $350,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-13 Price Changed $360,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-28 Price Changed $365,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-17 Price Changed $370,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-09 Listed $375,000 Stellar MLS as Distributed by MLS Grid
• 2017-12-15 Sold (Public Records) $257,999 Public Records
• 1989-04-17 Sold (Public Records) $120,000 Public Records

Property tax history

+9.1%/yr

Latest (2025): $4,593 · -5.3% YoY. Source: county tax records.