915 Seaside Dr Unit 504, Weeks 6-7 · Siesta Key, FL 34242

$75,000

3 bd · 3.0 ba · 1,780 sqft · Condo · 106 Days on market

Built 2009 $1102/mo HOA · 19% of rent ↓ 24% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Appreciation +4.7/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Fractional Ownership. Fractional Ownership. Experience the ultimate in coastal luxury with this Premium Winter Fractional Package—featuring one-sixteenth ownership of an extraordinary Siesta Key Beach residence. Your dream of owning a new, high-end home on America’s #1 beach can now be a reality, offering an effortless way to enjoy the best of beachfront living without compromise. Step into an expansive, updated designer-furnished residence that radiates elegance and comfort. The floor plan includes a primary suite, a secondary suite, and a spacious guest bedroom-all thoughtfully appointed with over $150,000 in custom furnishings. The gourmet kitchen is fully equipped with top-tier appliances from Wolf, Sub-Zero, and Fisher & Paykel, complemented by imported linens and every fine detail you’d expect in a luxury coastal retreat. As an owner, you’ll enjoy the legendary hospitality and resort-style amenities of Hyatt Vacation Club, including a full-service recreation and concierge team, assistance with local activities, valet parking, and 24-hour security. Every element has been curated to deliver a seamless blend of private ownership and world-class resort living. Own your piece of paradise—and indulge in the Siesta Key lifestyle you’ve always imagined, at a fraction of the cost of full ownership.

Key facts

• $1,102 HOA
• Garage
• Community pool

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath condo listed at $75k.

Deal economics

• At list price, monthly cash flow is $2k ($29k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($6k rent vs $75k).
• Recommended offer: $68k (9.0% below list) — sets the bar for market timing.

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).
• At $5,690/mo this rent would consume 59% of the median local household income ($116k/yr) (locally 147% 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 (-0.7%/yr); year-one equity from $519 of loan paydown is wiped out by about $521 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.
• At projected returns (-0.7% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 106 days — a 9% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $68,250 (9.0% below list)

Questions for the listing agent

1. It's been on market 106 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
8. 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.
9. 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: 7.59% ✓
• Cap rate: 52.29%
• Cash-on-cash: 164.29%
• DSCR: 8.31
• GRM: 1.1

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: —
• Equity multiple: 8.26×
• Total profit: $152,363
• Equity at exit: $19,209

10-year hold

• IRR: —
• Equity multiple: 17.42×
• Total profit: $344,842
• Equity at exit: $21,129

Cash invested: $21,000 (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 34242

• Home prices YoY: -0.3%
• Active inventory: 523
• Price-to-rent: 1.1×

Monthly cashflow live

• Estimated rent: $5,690 medium
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,125/yr
• Insurance: −$31
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$1,102
• Vacancy / Maint / Mgmt: −$1,195
• Net cashflow: $2,449

Break-even live

Break-even rent $2,591

Max offer price $75,000

Occupancy floor 52%

Sensitivity live

Price	-10% $2,500	-5% $2,474	+0% $2,449	+5% $2,423	+10% $2,397
Rent	-10% $1,999	-5% $2,224	+0% $2,449	+5% $2,673	+10% $2,898
Rate	-1.0pp $2,486	-0.5pp $2,468	base $2,449	+0.5pp $2,429	+1.0pp $2,409

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $1,102 · $13,224/yr
• Likely covers: doormansecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 49 events

1. 2026-06-18
   days on market $75,000 Active 106 DOM
2. 2026-06-17
   days on market $75,000 Active 105 DOM
3. 2026-06-16
   days on market $75,000 Active 104 DOM
4. 2026-06-15
   days on market $75,000 Active 103 DOM
5. 2026-06-13
   days on market $75,000 Active 101 DOM
6. 2026-06-13
   days on market $75,000 Active 100 DOM
7. 2026-06-10
   days on market $75,000 Active 98 DOM
8. 2026-06-09
   days on market $75,000 Active 97 DOM
9. 2026-06-08
   days on market $75,000 Active 96 DOM
10. 2026-06-08
    days on market $75,000 Active 95 DOM
11. 2026-06-05
    days on market $75,000 Active 92 DOM
12. 2026-06-03
    days on market $75,000 Active 91 DOM
13. 2026-06-02
    days on market $75,000 Active 90 DOM
14. 2026-06-01
    days on market $75,000 Active 89 DOM
15. 2026-05-31
    days on market $75,000 Active 88 DOM
16. 2026-03-04
    listed $75,000 Active 1358-char remark

    Show marketing remark (1358 chars)

    Fractional Ownership. Fractional Ownership. Experience the ultimate in coastal luxury with this Premium Winter Fractional Package—featuring one-sixteenth ownership of an extraordinary Siesta Key Beach residence. Your dream of owning a new, high-end home on America’s #1 beach can now be a reality, offering an effortless way to enjoy the best of beachfront living without compromise. Step into an expansive, updated designer-furnished residence that radiates elegance and comfort. The floor plan includes a primary suite, a secondary suite, and a spacious guest bedroom-all thoughtfully appointed with over $150,000 in custom furnishings. The gourmet kitchen is fully equipped with top-tier appliances from Wolf, Sub-Zero, and Fisher & Paykel, complemented by imported linens and every fine detail you’d expect in a luxury coastal retreat. As an owner, you’ll enjoy the legendary hospitality and resort-style amenities of Hyatt Vacation Club, including a full-service recreation and concierge team, assistance with local activities, valet parking, and 24-hour security. Every element has been curated to deliver a seamless blend of private ownership and world-class resort living. Own your piece of paradise—and indulge in the Siesta Key lifestyle you’ve always imagined, at a fraction of the cost of full ownership.

17. 2021-06-21
    soldstatus $77,100 Closed 1053-char remark

    Show marketing remark (1053 chars)

    Fractional Ownership. Fractional Ownership. 2020 Fractional ownership, weeks 10 & 11, plus one floating week. Enjoy spectacular vacations directly on top-rated Siesta Key Beach in this magnificent condominium. Your dream of a luxury home on Siesta Key Beach can now be a reality! No detail has been overlooked in this spacious residence, featuring an expansive master suite with spa bath, custom furnishings valued at more than $150,000, completely outfitted kitchen with top-of-the-line appliances from Wolf, Sub Zero, Fisher Paykel, and imported linens. Enjoy legendary Hyatt hospitality services including, recreation and front desk staff, assistance with local activities, valet parking and 24 hour security. Everything you would expect in a luxury beach front condo inclusive of resort style services and amenities at a fraction of the cost. Weeks 10-11 are considered prime time and fall in the middle of March. These weeks have historically been very rentable if you are unable to use the weeks. The 3 bedroom unit sleeps up to 6 privately.

18. 2021-03-23
    status Pending 1053-char remark

    Show marketing remark (1053 chars)

    Fractional Ownership. Fractional Ownership. 2020 Fractional ownership, weeks 10 & 11, plus one floating week. Enjoy spectacular vacations directly on top-rated Siesta Key Beach in this magnificent condominium. Your dream of a luxury home on Siesta Key Beach can now be a reality! No detail has been overlooked in this spacious residence, featuring an expansive master suite with spa bath, custom furnishings valued at more than $150,000, completely outfitted kitchen with top-of-the-line appliances from Wolf, Sub Zero, Fisher Paykel, and imported linens. Enjoy legendary Hyatt hospitality services including, recreation and front desk staff, assistance with local activities, valet parking and 24 hour security. Everything you would expect in a luxury beach front condo inclusive of resort style services and amenities at a fraction of the cost. Weeks 10-11 are considered prime time and fall in the middle of March. These weeks have historically been very rentable if you are unable to use the weeks. The 3 bedroom unit sleeps up to 6 privately.

19. 2021-03-20
    status Pending 1053-char remark

    Show marketing remark (1053 chars)

    Fractional Ownership. Fractional Ownership. 2020 Fractional ownership, weeks 10 & 11, plus one floating week. Enjoy spectacular vacations directly on top-rated Siesta Key Beach in this magnificent condominium. Your dream of a luxury home on Siesta Key Beach can now be a reality! No detail has been overlooked in this spacious residence, featuring an expansive master suite with spa bath, custom furnishings valued at more than $150,000, completely outfitted kitchen with top-of-the-line appliances from Wolf, Sub Zero, Fisher Paykel, and imported linens. Enjoy legendary Hyatt hospitality services including, recreation and front desk staff, assistance with local activities, valet parking and 24 hour security. Everything you would expect in a luxury beach front condo inclusive of resort style services and amenities at a fraction of the cost. Weeks 10-11 are considered prime time and fall in the middle of March. These weeks have historically been very rentable if you are unable to use the weeks. The 3 bedroom unit sleeps up to 6 privately.

20. 2020-04-30
    historical
21. 2019-10-21
    listed $89,000 Active 1053-char remark

    Show marketing remark (1053 chars)

    Fractional Ownership. Fractional Ownership. 2020 Fractional ownership, weeks 10 & 11, plus one floating week. Enjoy spectacular vacations directly on top-rated Siesta Key Beach in this magnificent condominium. Your dream of a luxury home on Siesta Key Beach can now be a reality! No detail has been overlooked in this spacious residence, featuring an expansive master suite with spa bath, custom furnishings valued at more than $150,000, completely outfitted kitchen with top-of-the-line appliances from Wolf, Sub Zero, Fisher Paykel, and imported linens. Enjoy legendary Hyatt hospitality services including, recreation and front desk staff, assistance with local activities, valet parking and 24 hour security. Everything you would expect in a luxury beach front condo inclusive of resort style services and amenities at a fraction of the cost. Weeks 10-11 are considered prime time and fall in the middle of March. These weeks have historically been very rentable if you are unable to use the weeks. The 3 bedroom unit sleeps up to 6 privately.

22. 2019-09-27
    price $74,000
23. 2019-04-30
    listed $69,950 Active
24. 2017-05-01
    historical
25. 2017-04-07
    status Active
26. 2017-04-05
    historical
27. 2017-03-01
    price $84,500
28. 2016-10-11
    listed $95,000 Active
29. 2016-09-24
    historical
30. 2016-04-30
    price $95,000
31. 2015-12-16
    listed $112,000 Active
32. 2015-09-09
    listed $112,000 Active
33. 2015-06-01
    historical
34. 2015-04-11
    historical
35. 2015-03-27
    price $149,900
36. 2015-03-27
    price $139,000
37. 2015-01-26
    soldstatus $90,000 Sold
38. 2015-01-06
    status Pending
39. 2014-12-03
    listed $149,900 Active
40. 2014-06-14
    status Active
41. 2014-06-14
    status Active
42. 2014-06-10
    historical
43. 2014-06-10
    historical
44. 2014-06-01
    price $122,000
45. 2014-05-31
    listed $128,000 Active
46. 2014-04-24
    price $92,000
47. 2013-12-11
    historical
48. 2013-11-04
    listed $99,000 Active
49. 2013-06-11
    listed $99,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 · 26 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: $68,284
• − Mortgage interest: −$4,201
• − Property taxes: −$1,125
• − Insurance: −$5,494
• − Repairs & maintenance: −$5,463
• − Management: −$5,463
• − HOA: −$13,224
• − Depreciation: −$2,182
• Taxable income: $31,133
• Est. tax owed @ 24.0%: −$7,472
• After-tax cash flow: $21,910/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

• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-24.2% since first listed

34 events — show timeline

• 2026-03-04 Listed $75,000 Stellar MLS as Distributed by MLS Grid
• 2021-06-21 Sold (MLS) $77,100 Stellar MLS as Distributed by MLS Grid
• 2021-03-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-03-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-04-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2019-10-21 Listed $89,000 Stellar MLS as Distributed by MLS Grid
• 2019-09-27 Price Changed $74,000 Stellar MLS as Distributed by MLS Grid
• 2019-04-30 Listed $69,950 Stellar MLS as Distributed by MLS Grid
• 2017-05-01 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2017-04-07 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-04-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2017-03-01 Price Changed $84,500 Stellar MLS as Distributed by MLS Grid
• 2016-10-11 Listed $95,000 Stellar MLS as Distributed by MLS Grid
• 2016-09-24 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-04-30 Price Changed $95,000 Stellar MLS as Distributed by MLS Grid
• 2015-12-16 Listed $112,000 Stellar MLS as Distributed by MLS Grid
• 2015-09-09 Listed $112,000 Stellar MLS as Distributed by MLS Grid
• 2015-06-01 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-04-11 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-03-27 Price Changed $139,000 Stellar MLS as Distributed by MLS Grid
• 2015-03-27 Price Changed $149,900 Stellar MLS as Distributed by MLS Grid
• 2015-01-26 Sold (MLS) $90,000 Stellar MLS as Distributed by MLS Grid
• 2015-01-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-12-03 Listed $149,900 Stellar MLS as Distributed by MLS Grid
• 2014-06-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2014-06-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2014-06-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2014-06-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2014-06-01 Price Changed $122,000 Stellar MLS as Distributed by MLS Grid
• 2014-05-31 Listed $128,000 Stellar MLS as Distributed by MLS Grid
• 2014-04-24 Price Changed $92,000 Stellar MLS as Distributed by MLS Grid
• 2013-12-11 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2013-11-04 Listed $99,000 Stellar MLS as Distributed by MLS Grid
• 2013-06-11 Listed $99,000 Stellar MLS as Distributed by MLS Grid