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5641 Midnight Pass Rd #902
C- Composite 50.01
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

5641 Midnight Pass Rd #902 · Siesta Key, FL 34242
1 bd · 1.0 ba · 797 sqft · Condo public records · 593 Days on market
Built 1975 $958/mo HOA · 24% of rent

🖨 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

PET-FRIENDLY INVESTMENT CONDOWHITE SANDS VILLAGE AMENITIESBEACHFRONT COMMUNITY

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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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.
Recommended offer $253,044 (23.3% below list)

Questions for the listing agent

  1. 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?
  2. 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?
  3. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  6. 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?
  7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  9. 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.
  10. 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.
  11. 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

5-year hold
IRR
-11.6%
Equity multiple
0.49×
Total profit
$-47,174
Equity at exit
$84,521
10-year hold
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
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

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

Break-even rent $4,510
Max offer price $253,044
Occupancy floor

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

  1. 2026-06-03
    days on market $330,000 Active 593 DOM
  2. 2026-06-02
    days on market $330,000 Active 592 DOM
  3. 2026-06-01
    days on market $330,000 Active 591 DOM
  4. 2026-05-31
    days on market $330,000 Active 590 DOM
  5. 2026-01-30
    price $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.

  6. 2026-01-12
    status 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.

  7. 2026-01-12
    price $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.

  8. 2025-07-14
    status 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.

  9. 2025-07-12
    historical 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.

  10. 2025-04-18
    price $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.

  11. 2024-11-30
    price $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.

  12. 2024-04-28
    listed $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.

  13. 2021-01-20
    historical
  14. 2020-06-22
    listed $282,000 Active
  15. 2019-04-17
    soldstatus $250,000
  16. 2015-12-11
    historical
  17. 2015-06-19
    listed $265,000 Active
  18. 1992-10-09
    soldstatus $75,000
  19. 1990-02-26
    soldstatus $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
combined federal + state — saved on this device
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

Amenities F Commute F Cost of living F Crime A+ Employment A+ Housing C Health & safety A- User ratings A+

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
9.6% rent · 90.4% 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

Price history

+372.1% since first listed
15 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%/yr

Latest (2025): $3,726 · -1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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