5641 Midnight Pass Rd #902 · Siesta Key, FL
Flood risk 9/10 · Severe
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 1/10 · Minimal
- 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
- 30 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 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 +13.1/30.0
- ARV discount +7.5/15.0
- 1% rule +7.0/10.0
- Schools +5.4/10.0
- Appreciation +4.7/10.0
- DSCR +3.9/10.0
- Livability +3.4/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
$330,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
PRICE IMPROVEMENT: Affordable, Pet-Friendly Siesta Key Beach Condo Now Offered at $330,000 Experience the allure of coastal living at White Sands Village, ideally located along Midnight Pass Road on stunning Siesta Key. This beautifully furnished one-bedroom, one-bathroom residence is just a short walk from the world-famous Siesta Key Public Beach, making it an exceptional opportunity for beach lovers seeking both lifestyle and value. A rare find on the island, this condo welcomes well-behaved pets, an increasingly hard-to-find benefit on Siesta Key. Whether used as a personal island retreat or an income-producing rental, the unit offers flexibility and appeal for owners and guests alike, including those traveling with furry companions. White Sands Village residents enjoy a range of amenities designed for relaxation and recreation, including a vibrant community pool, on-site laundry facilities, and community boat docks available on a first-come, first-served basis. The white sands of Siesta Key Beach are directly across the street, while Siesta Public Beach to the north offers nature trails, tennis and volleyball courts, pickleball, a children’s playground, a pavilion, and food concessions. Crescent Beach and Turtle Beach are also just a short drive away. For dining, shopping, and entertainment, Siesta Key Village is nearby, featuring locally inspired restaurants and boutiques. Beyond the island, downtown Sarasota provides rich cultural offerings, including the Ringling Museum of Art, Sarasota Opera House, and the Van Wezel Performing Arts Hall. An on-site rental manager is available but not mandatory, offering additional flexibility for owners. With this recent price improvement, White Sands Village represents one of the most competitively priced opportunities on Siesta Key, combining location, pet-friendly living, rental potential, and island lifestyle in one compelling offering.
Key facts
- Beachfront community
- $958 HOA
- Parking
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $330k.
Deal economics
- At list price, monthly cash flow is $-436 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $253k (23.3% below list).
- Meets the 1% rule at list price ($4k rent vs $330k).
- Recommended offer: $253k (23.3% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 68/100 on livability (#512 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, health & safety A-; Watch: amenities F, commute F, cost of living 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: 523 active listings in the ZIP; high-income renter base; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
- This rent runs 41% of the median local income ($116k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-0.7%/yr); year-one equity from $2k 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.
Negotiation context
- It's been on market 593 days — a 12% lower offer ($290k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 11y ago; this cycle's ask has dropped $70k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $250k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; HOA is 24% of rent.
- 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→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
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 593 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
- Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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?
- 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?
- 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.
- 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 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
- 1.20% ✓
- Cap rate
- 6.26%
- Cash-on-cash
- -0.12%
- DSCR
- 0.99
- GRM
- 6.9
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-0.69% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -11.6%
- Equity multiple
- 0.49×
- Total profit
- $-47,174
- Equity at exit
- $84,521
- IRR
- -4.7%
- Equity multiple
- 0.55×
- Total profit
- $-41,700
- Equity at exit
- $92,967
Cash invested: $92,400 (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
ZIP-level market 34242
- Home prices YoY
- -0.3%
- Active inventory
- 523
- Price-to-rent
- 6.9×
Monthly cashflow live
- Estimated rent
- $3,959 medium interval (Pro) →
- Mortgage (P&I)
- −$1,731
- Tax from tax record
- −$311 /mo · $3,726/yr
- Insurance
- −$138
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$958
- Vacancy / Maint / Mgmt
- −$831
- Net cashflow
- $-436
Break-even live
Sensitivity live
| Price | -10% $-249 | -5% $-342 | +0% $-436 | +5% $-529 | +10% $-622 |
|---|---|---|---|---|---|
| Rent | -10% $-748 | -5% $-592 | +0% $-436 | +5% $-279 | +10% $-123 |
| Rate | -1.0pp $-269 | -0.5pp $-352 | base $-436 | +0.5pp $-521 | +1.0pp $-608 |
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
- $82,500
- Closing costs
- $9,900
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
HOA detail condo
- Monthly dues
- $958 · $11,496/yr
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 19 events
-
2026-06-03days on market $330,000 Active 593 DOM
-
2026-06-02days on market $330,000 Active 592 DOM
-
2026-06-01days on market $330,000 Active 591 DOM
-
2026-05-31days on market $330,000 Active 590 DOM
-
2026-01-30price $330,000 1923-char remark
Show marketing remark (1923 chars)
PRICE IMPROVEMENT: Affordable, Pet-Friendly Siesta Key Beach Condo Now Offered at $330,000 Experience the allure of coastal living at White Sands Village, ideally located along Midnight Pass Road on stunning Siesta Key. This beautifully furnished one-bedroom, one-bathroom residence is just a short walk from the world-famous Siesta Key Public Beach, making it an exceptional opportunity for beach lovers seeking both lifestyle and value. A rare find on the island, this condo welcomes well-behaved pets, an increasingly hard-to-find benefit on Siesta Key. Whether used as a personal island retreat or an income-producing rental, the unit offers flexibility and appeal for owners and guests alike, including those traveling with furry companions. White Sands Village residents enjoy a range of amenities designed for relaxation and recreation, including a vibrant community pool, on-site laundry facilities, and community boat docks available on a first-come, first-served basis. The white sands of Siesta Key Beach are directly across the street, while Siesta Public Beach to the north offers nature trails, tennis and volleyball courts, pickleball, a children’s playground, a pavilion, and food concessions. Crescent Beach and Turtle Beach are also just a short drive away. For dining, shopping, and entertainment, Siesta Key Village is nearby, featuring locally inspired restaurants and boutiques. Beyond the island, downtown Sarasota provides rich cultural offerings, including the Ringling Museum of Art, Sarasota Opera House, and the Van Wezel Performing Arts Hall. An on-site rental manager is available but not mandatory, offering additional flexibility for owners. With this recent price improvement, White Sands Village represents one of the most competitively priced opportunities on Siesta Key, combining location, pet-friendly living, rental potential, and island lifestyle in one compelling offering.
-
2026-01-12status Active 1923-char remark
Show marketing remark (1923 chars)
PRICE IMPROVEMENT: Affordable, Pet-Friendly Siesta Key Beach Condo Now Offered at $330,000 Experience the allure of coastal living at White Sands Village, ideally located along Midnight Pass Road on stunning Siesta Key. This beautifully furnished one-bedroom, one-bathroom residence is just a short walk from the world-famous Siesta Key Public Beach, making it an exceptional opportunity for beach lovers seeking both lifestyle and value. A rare find on the island, this condo welcomes well-behaved pets, an increasingly hard-to-find benefit on Siesta Key. Whether used as a personal island retreat or an income-producing rental, the unit offers flexibility and appeal for owners and guests alike, including those traveling with furry companions. White Sands Village residents enjoy a range of amenities designed for relaxation and recreation, including a vibrant community pool, on-site laundry facilities, and community boat docks available on a first-come, first-served basis. The white sands of Siesta Key Beach are directly across the street, while Siesta Public Beach to the north offers nature trails, tennis and volleyball courts, pickleball, a children’s playground, a pavilion, and food concessions. Crescent Beach and Turtle Beach are also just a short drive away. For dining, shopping, and entertainment, Siesta Key Village is nearby, featuring locally inspired restaurants and boutiques. Beyond the island, downtown Sarasota provides rich cultural offerings, including the Ringling Museum of Art, Sarasota Opera House, and the Van Wezel Performing Arts Hall. An on-site rental manager is available but not mandatory, offering additional flexibility for owners. With this recent price improvement, White Sands Village represents one of the most competitively priced opportunities on Siesta Key, combining location, pet-friendly living, rental potential, and island lifestyle in one compelling offering.
-
2026-01-12price $350,000 1923-char remark
Show marketing remark (1923 chars)
PRICE IMPROVEMENT: Affordable, Pet-Friendly Siesta Key Beach Condo Now Offered at $330,000 Experience the allure of coastal living at White Sands Village, ideally located along Midnight Pass Road on stunning Siesta Key. This beautifully furnished one-bedroom, one-bathroom residence is just a short walk from the world-famous Siesta Key Public Beach, making it an exceptional opportunity for beach lovers seeking both lifestyle and value. A rare find on the island, this condo welcomes well-behaved pets, an increasingly hard-to-find benefit on Siesta Key. Whether used as a personal island retreat or an income-producing rental, the unit offers flexibility and appeal for owners and guests alike, including those traveling with furry companions. White Sands Village residents enjoy a range of amenities designed for relaxation and recreation, including a vibrant community pool, on-site laundry facilities, and community boat docks available on a first-come, first-served basis. The white sands of Siesta Key Beach are directly across the street, while Siesta Public Beach to the north offers nature trails, tennis and volleyball courts, pickleball, a children’s playground, a pavilion, and food concessions. Crescent Beach and Turtle Beach are also just a short drive away. For dining, shopping, and entertainment, Siesta Key Village is nearby, featuring locally inspired restaurants and boutiques. Beyond the island, downtown Sarasota provides rich cultural offerings, including the Ringling Museum of Art, Sarasota Opera House, and the Van Wezel Performing Arts Hall. An on-site rental manager is available but not mandatory, offering additional flexibility for owners. With this recent price improvement, White Sands Village represents one of the most competitively priced opportunities on Siesta Key, combining location, pet-friendly living, rental potential, and island lifestyle in one compelling offering.
-
2025-07-14status Active 1923-char remark
Show marketing remark (1923 chars)
PRICE IMPROVEMENT: Affordable, Pet-Friendly Siesta Key Beach Condo Now Offered at $330,000 Experience the allure of coastal living at White Sands Village, ideally located along Midnight Pass Road on stunning Siesta Key. This beautifully furnished one-bedroom, one-bathroom residence is just a short walk from the world-famous Siesta Key Public Beach, making it an exceptional opportunity for beach lovers seeking both lifestyle and value. A rare find on the island, this condo welcomes well-behaved pets, an increasingly hard-to-find benefit on Siesta Key. Whether used as a personal island retreat or an income-producing rental, the unit offers flexibility and appeal for owners and guests alike, including those traveling with furry companions. White Sands Village residents enjoy a range of amenities designed for relaxation and recreation, including a vibrant community pool, on-site laundry facilities, and community boat docks available on a first-come, first-served basis. The white sands of Siesta Key Beach are directly across the street, while Siesta Public Beach to the north offers nature trails, tennis and volleyball courts, pickleball, a children’s playground, a pavilion, and food concessions. Crescent Beach and Turtle Beach are also just a short drive away. For dining, shopping, and entertainment, Siesta Key Village is nearby, featuring locally inspired restaurants and boutiques. Beyond the island, downtown Sarasota provides rich cultural offerings, including the Ringling Museum of Art, Sarasota Opera House, and the Van Wezel Performing Arts Hall. An on-site rental manager is available but not mandatory, offering additional flexibility for owners. With this recent price improvement, White Sands Village represents one of the most competitively priced opportunities on Siesta Key, combining location, pet-friendly living, rental potential, and island lifestyle in one compelling offering.
-
2025-07-12historical 1923-char remark
Show marketing remark (1923 chars)
PRICE IMPROVEMENT: Affordable, Pet-Friendly Siesta Key Beach Condo Now Offered at $330,000 Experience the allure of coastal living at White Sands Village, ideally located along Midnight Pass Road on stunning Siesta Key. This beautifully furnished one-bedroom, one-bathroom residence is just a short walk from the world-famous Siesta Key Public Beach, making it an exceptional opportunity for beach lovers seeking both lifestyle and value. A rare find on the island, this condo welcomes well-behaved pets, an increasingly hard-to-find benefit on Siesta Key. Whether used as a personal island retreat or an income-producing rental, the unit offers flexibility and appeal for owners and guests alike, including those traveling with furry companions. White Sands Village residents enjoy a range of amenities designed for relaxation and recreation, including a vibrant community pool, on-site laundry facilities, and community boat docks available on a first-come, first-served basis. The white sands of Siesta Key Beach are directly across the street, while Siesta Public Beach to the north offers nature trails, tennis and volleyball courts, pickleball, a children’s playground, a pavilion, and food concessions. Crescent Beach and Turtle Beach are also just a short drive away. For dining, shopping, and entertainment, Siesta Key Village is nearby, featuring locally inspired restaurants and boutiques. Beyond the island, downtown Sarasota provides rich cultural offerings, including the Ringling Museum of Art, Sarasota Opera House, and the Van Wezel Performing Arts Hall. An on-site rental manager is available but not mandatory, offering additional flexibility for owners. With this recent price improvement, White Sands Village represents one of the most competitively priced opportunities on Siesta Key, combining location, pet-friendly living, rental potential, and island lifestyle in one compelling offering.
-
2025-04-18price $365,000 1923-char remark
Show marketing remark (1923 chars)
PRICE IMPROVEMENT: Affordable, Pet-Friendly Siesta Key Beach Condo Now Offered at $330,000 Experience the allure of coastal living at White Sands Village, ideally located along Midnight Pass Road on stunning Siesta Key. This beautifully furnished one-bedroom, one-bathroom residence is just a short walk from the world-famous Siesta Key Public Beach, making it an exceptional opportunity for beach lovers seeking both lifestyle and value. A rare find on the island, this condo welcomes well-behaved pets, an increasingly hard-to-find benefit on Siesta Key. Whether used as a personal island retreat or an income-producing rental, the unit offers flexibility and appeal for owners and guests alike, including those traveling with furry companions. White Sands Village residents enjoy a range of amenities designed for relaxation and recreation, including a vibrant community pool, on-site laundry facilities, and community boat docks available on a first-come, first-served basis. The white sands of Siesta Key Beach are directly across the street, while Siesta Public Beach to the north offers nature trails, tennis and volleyball courts, pickleball, a children’s playground, a pavilion, and food concessions. Crescent Beach and Turtle Beach are also just a short drive away. For dining, shopping, and entertainment, Siesta Key Village is nearby, featuring locally inspired restaurants and boutiques. Beyond the island, downtown Sarasota provides rich cultural offerings, including the Ringling Museum of Art, Sarasota Opera House, and the Van Wezel Performing Arts Hall. An on-site rental manager is available but not mandatory, offering additional flexibility for owners. With this recent price improvement, White Sands Village represents one of the most competitively priced opportunities on Siesta Key, combining location, pet-friendly living, rental potential, and island lifestyle in one compelling offering.
-
2024-11-30price $375,000 1923-char remark
Show marketing remark (1923 chars)
PRICE IMPROVEMENT: Affordable, Pet-Friendly Siesta Key Beach Condo Now Offered at $330,000 Experience the allure of coastal living at White Sands Village, ideally located along Midnight Pass Road on stunning Siesta Key. This beautifully furnished one-bedroom, one-bathroom residence is just a short walk from the world-famous Siesta Key Public Beach, making it an exceptional opportunity for beach lovers seeking both lifestyle and value. A rare find on the island, this condo welcomes well-behaved pets, an increasingly hard-to-find benefit on Siesta Key. Whether used as a personal island retreat or an income-producing rental, the unit offers flexibility and appeal for owners and guests alike, including those traveling with furry companions. White Sands Village residents enjoy a range of amenities designed for relaxation and recreation, including a vibrant community pool, on-site laundry facilities, and community boat docks available on a first-come, first-served basis. The white sands of Siesta Key Beach are directly across the street, while Siesta Public Beach to the north offers nature trails, tennis and volleyball courts, pickleball, a children’s playground, a pavilion, and food concessions. Crescent Beach and Turtle Beach are also just a short drive away. For dining, shopping, and entertainment, Siesta Key Village is nearby, featuring locally inspired restaurants and boutiques. Beyond the island, downtown Sarasota provides rich cultural offerings, including the Ringling Museum of Art, Sarasota Opera House, and the Van Wezel Performing Arts Hall. An on-site rental manager is available but not mandatory, offering additional flexibility for owners. With this recent price improvement, White Sands Village represents one of the most competitively priced opportunities on Siesta Key, combining location, pet-friendly living, rental potential, and island lifestyle in one compelling offering.
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2024-04-28$400,000 Active 1923-char remark
Show marketing remark (1923 chars)
PRICE IMPROVEMENT: Affordable, Pet-Friendly Siesta Key Beach Condo Now Offered at $330,000 Experience the allure of coastal living at White Sands Village, ideally located along Midnight Pass Road on stunning Siesta Key. This beautifully furnished one-bedroom, one-bathroom residence is just a short walk from the world-famous Siesta Key Public Beach, making it an exceptional opportunity for beach lovers seeking both lifestyle and value. A rare find on the island, this condo welcomes well-behaved pets, an increasingly hard-to-find benefit on Siesta Key. Whether used as a personal island retreat or an income-producing rental, the unit offers flexibility and appeal for owners and guests alike, including those traveling with furry companions. White Sands Village residents enjoy a range of amenities designed for relaxation and recreation, including a vibrant community pool, on-site laundry facilities, and community boat docks available on a first-come, first-served basis. The white sands of Siesta Key Beach are directly across the street, while Siesta Public Beach to the north offers nature trails, tennis and volleyball courts, pickleball, a children’s playground, a pavilion, and food concessions. Crescent Beach and Turtle Beach are also just a short drive away. For dining, shopping, and entertainment, Siesta Key Village is nearby, featuring locally inspired restaurants and boutiques. Beyond the island, downtown Sarasota provides rich cultural offerings, including the Ringling Museum of Art, Sarasota Opera House, and the Van Wezel Performing Arts Hall. An on-site rental manager is available but not mandatory, offering additional flexibility for owners. With this recent price improvement, White Sands Village represents one of the most competitively priced opportunities on Siesta Key, combining location, pet-friendly living, rental potential, and island lifestyle in one compelling offering.
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2021-01-20historical
-
2020-06-22$282,000 Active
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2019-04-17soldstatus $250,000
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2015-12-11historical
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2015-06-19$265,000 Active
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1992-10-09soldstatus $75,000
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1990-02-26soldstatus $69,900
ⓘ 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
- $3,726 · $311/mo
- Projected year-2 tax
- $3,726 · $311/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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 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
- $47,506
- − Mortgage interest
- −$18,485
- − Property taxes
- −$3,726
- − Insurance
- −$6,769
- − Repairs & maintenance
- −$3,800
- − Management
- −$3,800
- − HOA
- −$11,496
- − Depreciation
- −$9,600
- Taxable loss
- −$10,171
- Est. tax savings @ 24.0%
- +$2,441
- After-tax cash flow
- $-2,787/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 — Siesta Key
- Score
- 68/100
- State rank
- #512
- US rank
- #9443
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Siesta Key, FL
- County
- Sarasota County · 448,376 people
- City population
- 7,529
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 7,529
- Household income
- $115,967
- Rent vs Own
- Severe rent burden
- 147.0
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 (92%)
- Race & ethnicity
- White 92% Two or more races 3% Hispanic / Latino 3% Asian 2%
- Common ancestry
- Romanian 4% Lithuanian 3% Portuguese 2%
- Foreign-born
- 13% · Canada, China, Jamaica
- Languages at home
- 91% English-only · German/W. Germanic 2% Spanish 2% 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
- ▼ -0.69%
- Current HPI
- 237.6266
- Rent YoY
- —
- 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
+372.1% since first listed15 events — show timeline
- 2026-01-30 Price Changed $330,000 Stellar MLS as Distributed by MLS Grid
- 2026-01-12 Relisted — Stellar MLS as Distributed by MLS Grid
- 2026-01-12 Price Changed $350,000 Stellar MLS as Distributed by MLS Grid
- 2025-07-14 Relisted — Stellar MLS as Distributed by MLS Grid
- 2025-07-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2025-04-18 Price Changed $365,000 Stellar MLS as Distributed by MLS Grid
- 2024-11-30 Price Changed $375,000 Stellar MLS as Distributed by MLS Grid
- 2024-04-28 Listed $400,000 Stellar MLS as Distributed by MLS Grid
- 2021-01-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2020-06-22 Listed $282,000 Stellar MLS as Distributed by MLS Grid
- 2019-04-17 Sold (Public Records) $250,000 Public Records
- 2015-12-11 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2015-06-19 Listed $265,000 Stellar MLS as Distributed by MLS Grid
- 1992-10-09 Sold (Public Records) $75,000 Public Records
- 1990-02-26 Sold (Public Records) $69,900 Public Records
Property tax history
+5.4%/yrLatest (2025): $3,726 · -1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…