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3958 Mediterranea Cir #411
D Composite 42.24
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 +11.3/30.0
  • ARV discount +7.5/15.0
  • 1% rule +6.6/10.0
  • Schools +5.4/10.0
  • Livability +3.6/5.0
  • DSCR +3.3/10.0
  • Condition / age +2.5/5.0
  • Rent growth +2.2/5.0
  • Appreciation +0.0/10.0

$210,000

3958 Mediterranea Cir #411 · South Gate Ridge, FL 34233
3 bd · 2.0 ba · 1,212 sqft · Condo public records · 180 Days on market
Built 2005 $594/mo HOA · 24% of rent ↓ 57% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Bring your offers today to this property which has just been adjusted for you! Truly move-in ready, this 1st floor 3 bedroom, 2-bath residence lives like a single family home. It is tucked inside the gated enclave of Mediterranea Garden Homes. The thoughtfully designed split floor plan provides privacy for everyday living while remaining ideal for entertaining. The kitchen features generous counter space, making meal preparation easy and inviting. Brand new neutral carpet in the living room, with luxury vinyl in the 3 bedrooms throughout enhances both durability and style, while in-unit laundry and a private one car garage just steps from the front door add exceptional everyday convenience. Enjoy morning coffee on your private screened lanai overlooking a tranquil, lush green setting, or spend afternoons relaxing at the heated community pool surrounded by tropical landscaping. With roof, exterior maintenance, landscaping, water, and sewer included, this is a truly low-maintenance, lock-and-leave lifestyle. Recent updates include a newer HVAC system, disposal, smoke detectors, and updated toilet hardware—creating a modern, well-maintained, and inviting interior. Whether you’re seeking a full-time Sarasota residence, a seasonal retreat, or a rental investment, this property delivers exceptional flexibility. The community allows 3-month minimum rentals up to twice per year, or annual leasing. Community & Value Highlights: Gated neighborhood with heated pool and tropical surroundings. Built in 2005 to current hurricane codes. Solid concrete block construction from ground to roof. No special assessments. Two-story buildings only (new condo laws do not apply). Condo fee $565/month, effectively ~$422 when adjusted for included water & sewer. Location Highlights: Steps from Expo on Clark Plaza with dining, fitness, medical, and retail including The Original Egg, Oak & Stone, Tsunami Sushi, Chianti Italian, Meshugana Deli, Hot Yoga, Massage Envy, and more. Less than 10 minutes to Siesta Key Beach. Quick access to I-75 for UTC Town Center, downtown Sarasota, Tampa, and St. Petersburg. Ideally located just minutes from world-famous Siesta Key Beach, Venice and Nokomis Beach, with effortless access to Downtown shopping, dining, and Sarasota-Bradenton International Airport, this home offers the perfect blend of convenience and coastal living. Located in an excellent school district. This is easy Florida living at its best—convenient, carefree, and close to everything Sarasota has!

Key facts

  • Gated enclave
  • Tropical landscaping
  • $594 HOA

Tags

GATED ENCLAVEPRIVATE SCREENED LANAIHEATED COMMUNITY POOLTROPICAL LANDSCAPINGEXCELLENT SCHOOL DISTRICT

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath condo listed at $210k.

Deal economics

  • At list price, monthly cash flow is $-78 ($-939/yr) — negative.
  • To cash-flow at today's rent, offer at most $196k (6.6% below list).
  • Meets the 1% rule at list price ($2k rent vs $210k).
  • Recommended offer: $185k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 71/100 on livability (#394 in FL) — 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: Gulf Gate Elementary School (math 60% / reading 65%, grade B, #601 of 2,144 statewide, top 28%, 655 students, 54% FRL); Sarasota Middle School (math 82% / reading 78%, grade A+, #21 of 571 statewide, top 4%, 1,278 students, 26% FRL); Riverview High School (math 61% / reading 65%, grade B-, #89 of 667 statewide, top 14%, 2,597 students, 35% FRL) — zoned schools at 39% FRL track the district average.
  • Market conditions: Rents soft (-1.4%/yr); 164 active listings in the ZIP; 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 ($75k/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 $1k of loan paydown is wiped out by about $6k 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 180 days — a 12% lower offer ($185k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 16y ago; this cycle's ask has dropped $30k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $100k; list at $210k implies a 109% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 24% of rent.
  • 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 $184,800 (12.0% 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 180 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  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. 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?
  8. 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?
  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
1.16%
Cap rate
5.85%
Cash-on-cash
-1.60%
DSCR
0.93
GRM
7.2

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
-23.6%
Equity multiple
0.22×
Total profit
$-45,781
Equity at exit
$31,312
10-year hold
IRR
-37.3%
Equity multiple
-0.23×
Total profit
$-72,359
Equity at exit
$18,157

Cash invested: $58,800 (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 34233

Rents YoY
-1.4%
Active inventory
164
Price-to-rent
7.2×

Monthly cashflow live

Estimated rent
$2,437 medium interval (Pro) →
Mortgage (P&I)
$1,101
Tax from tax record
$221 /mo · $2,652/yr
Insurance
$88
HOA
$594
Vacancy / Maint / Mgmt
$512
Net cashflow
$-78

Break-even live

Break-even rent $2,536
Max offer price $196,173
Occupancy floor 98%

Sensitivity live

Price -10% $41 -5% $-19 +0% $-78 +5% $-138 +10% $-197
Rent -10% $-271 -5% $-175 +0% $-78 +5% $18 +10% $114
Rate -1.0pp $27 -0.5pp $-25 base $-78 +0.5pp $-133 +1.0pp $-188

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
$52,500
Closing costs
$6,300
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
$594 · $7,128/yr
Likely covers
watersewerlandscapingexterior maint.poolsecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 24 events

  1. 2026-06-10
    days on market $210,000 Active 180 DOM
  2. 2026-06-09
    days on market $210,000 Active 179 DOM
  3. 2026-06-08
    days on market $210,000 Active 177 DOM
  4. 2026-06-05
    days on market $210,000 Active 174 DOM
  5. 2026-06-03
    days on market $210,000 Active 173 DOM
  6. 2026-06-02
    days on market $210,000 Active 172 DOM
  7. 2026-06-01
    days on market $210,000 Active 171 DOM
  8. 2026-05-31
    days on market $210,000 Active 170 DOM
  9. 2026-05-16
    price $210,000 2555-char remark
    Show marketing remark (2555 chars)

    Bring your offers today to this property which has just been adjusted for you! Truly move-in ready, this 1st floor 3 bedroom, 2-bath residence lives like a single family home. It is tucked inside the gated enclave of Mediterranea Garden Homes. The thoughtfully designed split floor plan provides privacy for everyday living while remaining ideal for entertaining. The kitchen features generous counter space, making meal preparation easy and inviting. Brand new neutral carpet in the living room, with luxury vinyl in the 3 bedrooms throughout enhances both durability and style, while in-unit laundry and a private one car garage just steps from the front door add exceptional everyday convenience. Enjoy morning coffee on your private screened lanai overlooking a tranquil, lush green setting, or spend afternoons relaxing at the heated community pool surrounded by tropical landscaping. With roof, exterior maintenance, landscaping, water, and sewer included, this is a truly low-maintenance, lock-and-leave lifestyle. Recent updates include a newer HVAC system, disposal, smoke detectors, and updated toilet hardware—creating a modern, well-maintained, and inviting interior. Whether you’re seeking a full-time Sarasota residence, a seasonal retreat, or a rental investment, this property delivers exceptional flexibility. The community allows 3-month minimum rentals up to twice per year, or annual leasing. Community & Value Highlights: Gated neighborhood with heated pool and tropical surroundings. Built in 2005 to current hurricane codes. Solid concrete block construction from ground to roof. No special assessments. Two-story buildings only (new condo laws do not apply). Condo fee $565/month, effectively ~$422 when adjusted for included water & sewer. Location Highlights: Steps from Expo on Clark Plaza with dining, fitness, medical, and retail including The Original Egg, Oak & Stone, Tsunami Sushi, Chianti Italian, Meshugana Deli, Hot Yoga, Massage Envy, and more. Less than 10 minutes to Siesta Key Beach. Quick access to I-75 for UTC Town Center, downtown Sarasota, Tampa, and St. Petersburg. Ideally located just minutes from world-famous Siesta Key Beach, Venice and Nokomis Beach, with effortless access to Downtown shopping, dining, and Sarasota-Bradenton International Airport, this home offers the perfect blend of convenience and coastal living. Located in an excellent school district. This is easy Florida living at its best—convenient, carefree, and close to everything Sarasota has!

  10. 2026-03-06
    price $214,999 2555-char remark
    Show marketing remark (2555 chars)

    Bring your offers today to this property which has just been adjusted for you! Truly move-in ready, this 1st floor 3 bedroom, 2-bath residence lives like a single family home. It is tucked inside the gated enclave of Mediterranea Garden Homes. The thoughtfully designed split floor plan provides privacy for everyday living while remaining ideal for entertaining. The kitchen features generous counter space, making meal preparation easy and inviting. Brand new neutral carpet in the living room, with luxury vinyl in the 3 bedrooms throughout enhances both durability and style, while in-unit laundry and a private one car garage just steps from the front door add exceptional everyday convenience. Enjoy morning coffee on your private screened lanai overlooking a tranquil, lush green setting, or spend afternoons relaxing at the heated community pool surrounded by tropical landscaping. With roof, exterior maintenance, landscaping, water, and sewer included, this is a truly low-maintenance, lock-and-leave lifestyle. Recent updates include a newer HVAC system, disposal, smoke detectors, and updated toilet hardware—creating a modern, well-maintained, and inviting interior. Whether you’re seeking a full-time Sarasota residence, a seasonal retreat, or a rental investment, this property delivers exceptional flexibility. The community allows 3-month minimum rentals up to twice per year, or annual leasing. Community & Value Highlights: Gated neighborhood with heated pool and tropical surroundings. Built in 2005 to current hurricane codes. Solid concrete block construction from ground to roof. No special assessments. Two-story buildings only (new condo laws do not apply). Condo fee $565/month, effectively ~$422 when adjusted for included water & sewer. Location Highlights: Steps from Expo on Clark Plaza with dining, fitness, medical, and retail including The Original Egg, Oak & Stone, Tsunami Sushi, Chianti Italian, Meshugana Deli, Hot Yoga, Massage Envy, and more. Less than 10 minutes to Siesta Key Beach. Quick access to I-75 for UTC Town Center, downtown Sarasota, Tampa, and St. Petersburg. Ideally located just minutes from world-famous Siesta Key Beach, Venice and Nokomis Beach, with effortless access to Downtown shopping, dining, and Sarasota-Bradenton International Airport, this home offers the perfect blend of convenience and coastal living. Located in an excellent school district. This is easy Florida living at its best—convenient, carefree, and close to everything Sarasota has!

  11. 2026-01-23
    price $219,999 2555-char remark
    Show marketing remark (2555 chars)

    Bring your offers today to this property which has just been adjusted for you! Truly move-in ready, this 1st floor 3 bedroom, 2-bath residence lives like a single family home. It is tucked inside the gated enclave of Mediterranea Garden Homes. The thoughtfully designed split floor plan provides privacy for everyday living while remaining ideal for entertaining. The kitchen features generous counter space, making meal preparation easy and inviting. Brand new neutral carpet in the living room, with luxury vinyl in the 3 bedrooms throughout enhances both durability and style, while in-unit laundry and a private one car garage just steps from the front door add exceptional everyday convenience. Enjoy morning coffee on your private screened lanai overlooking a tranquil, lush green setting, or spend afternoons relaxing at the heated community pool surrounded by tropical landscaping. With roof, exterior maintenance, landscaping, water, and sewer included, this is a truly low-maintenance, lock-and-leave lifestyle. Recent updates include a newer HVAC system, disposal, smoke detectors, and updated toilet hardware—creating a modern, well-maintained, and inviting interior. Whether you’re seeking a full-time Sarasota residence, a seasonal retreat, or a rental investment, this property delivers exceptional flexibility. The community allows 3-month minimum rentals up to twice per year, or annual leasing. Community & Value Highlights: Gated neighborhood with heated pool and tropical surroundings. Built in 2005 to current hurricane codes. Solid concrete block construction from ground to roof. No special assessments. Two-story buildings only (new condo laws do not apply). Condo fee $565/month, effectively ~$422 when adjusted for included water & sewer. Location Highlights: Steps from Expo on Clark Plaza with dining, fitness, medical, and retail including The Original Egg, Oak & Stone, Tsunami Sushi, Chianti Italian, Meshugana Deli, Hot Yoga, Massage Envy, and more. Less than 10 minutes to Siesta Key Beach. Quick access to I-75 for UTC Town Center, downtown Sarasota, Tampa, and St. Petersburg. Ideally located just minutes from world-famous Siesta Key Beach, Venice and Nokomis Beach, with effortless access to Downtown shopping, dining, and Sarasota-Bradenton International Airport, this home offers the perfect blend of convenience and coastal living. Located in an excellent school district. This is easy Florida living at its best—convenient, carefree, and close to everything Sarasota has!

  12. 2026-01-12
    price $229,999 2555-char remark
    Show marketing remark (2555 chars)

    Bring your offers today to this property which has just been adjusted for you! Truly move-in ready, this 1st floor 3 bedroom, 2-bath residence lives like a single family home. It is tucked inside the gated enclave of Mediterranea Garden Homes. The thoughtfully designed split floor plan provides privacy for everyday living while remaining ideal for entertaining. The kitchen features generous counter space, making meal preparation easy and inviting. Brand new neutral carpet in the living room, with luxury vinyl in the 3 bedrooms throughout enhances both durability and style, while in-unit laundry and a private one car garage just steps from the front door add exceptional everyday convenience. Enjoy morning coffee on your private screened lanai overlooking a tranquil, lush green setting, or spend afternoons relaxing at the heated community pool surrounded by tropical landscaping. With roof, exterior maintenance, landscaping, water, and sewer included, this is a truly low-maintenance, lock-and-leave lifestyle. Recent updates include a newer HVAC system, disposal, smoke detectors, and updated toilet hardware—creating a modern, well-maintained, and inviting interior. Whether you’re seeking a full-time Sarasota residence, a seasonal retreat, or a rental investment, this property delivers exceptional flexibility. The community allows 3-month minimum rentals up to twice per year, or annual leasing. Community & Value Highlights: Gated neighborhood with heated pool and tropical surroundings. Built in 2005 to current hurricane codes. Solid concrete block construction from ground to roof. No special assessments. Two-story buildings only (new condo laws do not apply). Condo fee $565/month, effectively ~$422 when adjusted for included water & sewer. Location Highlights: Steps from Expo on Clark Plaza with dining, fitness, medical, and retail including The Original Egg, Oak & Stone, Tsunami Sushi, Chianti Italian, Meshugana Deli, Hot Yoga, Massage Envy, and more. Less than 10 minutes to Siesta Key Beach. Quick access to I-75 for UTC Town Center, downtown Sarasota, Tampa, and St. Petersburg. Ideally located just minutes from world-famous Siesta Key Beach, Venice and Nokomis Beach, with effortless access to Downtown shopping, dining, and Sarasota-Bradenton International Airport, this home offers the perfect blend of convenience and coastal living. Located in an excellent school district. This is easy Florida living at its best—convenient, carefree, and close to everything Sarasota has!

  13. 2025-12-12
    listed $239,999 Active 2555-char remark
    Show marketing remark (2555 chars)

    Bring your offers today to this property which has just been adjusted for you! Truly move-in ready, this 1st floor 3 bedroom, 2-bath residence lives like a single family home. It is tucked inside the gated enclave of Mediterranea Garden Homes. The thoughtfully designed split floor plan provides privacy for everyday living while remaining ideal for entertaining. The kitchen features generous counter space, making meal preparation easy and inviting. Brand new neutral carpet in the living room, with luxury vinyl in the 3 bedrooms throughout enhances both durability and style, while in-unit laundry and a private one car garage just steps from the front door add exceptional everyday convenience. Enjoy morning coffee on your private screened lanai overlooking a tranquil, lush green setting, or spend afternoons relaxing at the heated community pool surrounded by tropical landscaping. With roof, exterior maintenance, landscaping, water, and sewer included, this is a truly low-maintenance, lock-and-leave lifestyle. Recent updates include a newer HVAC system, disposal, smoke detectors, and updated toilet hardware—creating a modern, well-maintained, and inviting interior. Whether you’re seeking a full-time Sarasota residence, a seasonal retreat, or a rental investment, this property delivers exceptional flexibility. The community allows 3-month minimum rentals up to twice per year, or annual leasing. Community & Value Highlights: Gated neighborhood with heated pool and tropical surroundings. Built in 2005 to current hurricane codes. Solid concrete block construction from ground to roof. No special assessments. Two-story buildings only (new condo laws do not apply). Condo fee $565/month, effectively ~$422 when adjusted for included water & sewer. Location Highlights: Steps from Expo on Clark Plaza with dining, fitness, medical, and retail including The Original Egg, Oak & Stone, Tsunami Sushi, Chianti Italian, Meshugana Deli, Hot Yoga, Massage Envy, and more. Less than 10 minutes to Siesta Key Beach. Quick access to I-75 for UTC Town Center, downtown Sarasota, Tampa, and St. Petersburg. Ideally located just minutes from world-famous Siesta Key Beach, Venice and Nokomis Beach, with effortless access to Downtown shopping, dining, and Sarasota-Bradenton International Airport, this home offers the perfect blend of convenience and coastal living. Located in an excellent school district. This is easy Florida living at its best—convenient, carefree, and close to everything Sarasota has!

  14. 2025-11-01
    historical $1,900
  15. 2025-10-24
    price $1,900
  16. 2025-08-16
    listed $2,000
  17. 2025-08-11
    historical
  18. 2025-07-08
    price $234,000
  19. 2025-05-31
    price $239,000
  20. 2025-04-17
    price $244,000
  21. 2025-03-07
    listed $249,000 Active
  22. 2010-04-21
    soldstatus $100,250
  23. 2010-03-22
    listed $109,250
  24. 2003-07-18
    soldstatus $493,400

ⓘ 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
$2,652 · $221/mo
Projected year-2 tax
$2,652 · $221/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 · 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$29,247
− Mortgage interest
−$11,763
− Property taxes
−$2,652
− Insurance
−$1,050
− Repairs & maintenance
−$2,340
− Management
−$2,340
− HOA
−$7,128
− Depreciation
−$6,109
Taxable loss
−$4,134
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$992
After-tax cash flow
$53/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 — South Gate Ridge

Score
71/100
State rank
#394
US rank
#6987

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
South Gate Ridge, FL
County
Sarasota County · 448,376 people
Metro
North Port-Sarasota-Bradenton, FL
Population (ZIP)
19,123
Household income
$75,394
Rent vs Own
25.3% rent · 74.7% own
Severe rent burden
653.0

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 (78%)
Race & ethnicity
White 78% Hispanic / Latino 11% Two or more races 6% Asian 4% Black 2% Native American 1%
Hispanic origin (detail)
Mexican 3% Puerto Rican 2% Cuban 2%
Common ancestry
Romanian 3% Lithuanian 3% Slovak 2%
Foreign-born
15% · Canada, Vietnam
Languages at home
85% English-only · Spanish 8% Other Indo-European 2% Russian/Polish/Slavic 2%

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
▼ -281.79%
Current HPI
258.6836
Rent YoY
▼ -1.35%
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

-57.4% since first listed
16 events — show timeline
  • 2026-05-16 Price Changed $210,000 Stellar MLS as Distributed by MLS Grid
  • 2026-03-06 Price Changed $214,999 Stellar MLS as Distributed by MLS Grid
  • 2026-01-23 Price Changed $219,999 Stellar MLS as Distributed by MLS Grid
  • 2026-01-12 Price Changed $229,999 Stellar MLS as Distributed by MLS Grid
  • 2025-12-12 Listed $239,999 Stellar MLS as Distributed by MLS Grid
  • 2025-11-01 Rental Removed $1,900 STELLARMLS
  • 2025-10-24 Price Changed $1,900 STELLARMLS
  • 2025-08-16 Listed for Rent $2,000 STELLARMLS
  • 2025-08-11 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2025-07-08 Price Changed $234,000 Stellar MLS as Distributed by MLS Grid
  • 2025-05-31 Price Changed $239,000 Stellar MLS as Distributed by MLS Grid
  • 2025-04-17 Price Changed $244,000 Stellar MLS as Distributed by MLS Grid
  • 2025-03-07 Listed $249,000 Stellar MLS as Distributed by MLS Grid
  • 2010-04-21 Sold (MLS) $100,250 Stellar MLS as Distributed by MLS Grid
  • 2010-03-22 Listed $109,250 Stellar MLS as Distributed by MLS Grid
  • 2003-07-18 Sold (Public Records) $493,400 Public Records

Property tax history

+5.7%/yr

Latest (2025): $2,652 · -12.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

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