0 Park Rd · South Venice, FL 34293

$285,000

2 bd · 1.0 ba · 640 sqft · Land · 193 Days on market

Built 2025 7,306 sqft lot

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +7.1/30.0
• Schools +5.4/10.0
• Livability +3.4/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +2.0/10.0
• DSCR +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Pre-Construction. To be built. Introducing a new unique pre construction opportunity, a newly created residential lot offering the perfect setting for an eco smart, hurricane resilient custom home. This thoughtfully designed 640 sq ft residence is crafted from two modified steel containers, providing a blend of strength, sustainability, and modern efficiency. Buyers may choose between a 2-bedroom layout or an open 1-bedroom design, making it ideal as a full-time residence, seasonal retreat, or investment property. Engineered with durability at its core, this home is built to Florida Hurricane Miami-Dade Code, complete with hurricane impact windows and doors, concrete pier foundations with embedded steel, and Icynene closed-cell insulation for superior performance. Inside, the home will feature granite countertops, luxury vinyl plank flooring, LED lighting with dimmers, a mini split heating and cooling system, and tankless hot water heater propane or electric option. Every detail is designed to deliver long lasting quality with low maintenance in mind. The lot itself is cleared and ready for development. A private well and septic system will be required; electric is available nearby for easy connection. With no HOA restrictions, you have the flexibility to build a stylish, energy efficient home that fits your lifestyle. Delivery of the completed structure is included within 100 miles of Wauchula, Florida, offering a seamless and cost-effective building experience. Located just minutes from Venice’s top conveniences, this site places you close to shopping, dining, medical facilities, parks, and the beautiful Gulf Coast. Venice Beach, Manasota Key, and the region’s renowned outdoor recreation are all easily accessible from your future doorstep. Optional upgrades include lower deck packages, an upper deck, and a peak roof system. Whether you’re a homeowner seeking an affordable, storm strong coastal retreat or an investor looking for a high demand rental opportunity, this pre construction package offers exceptional value in one of Southwest Florida’s most desirable markets.

Key facts

• Residential lot
• 7,306 sq ft lot
• Built 2025

Tags

• RESIDENTIAL LOT
• ECO SMART CUSTOM HOME
• HURRICANE RESILIENT HOME
• HURRICANE IMPACT WINDOWS
• CONCRETE PIER FOUNDATIONS
• ICYNENE CLOSED-CELL INSULATION

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath land listed at $285k.

Deal economics

• At list price, monthly cash flow is $-401 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $227k (20.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $199k (30.3% below list).
• Recommended offer: $199k (30.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 67/100 on livability (#549 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A-, cost of living A-; Watch: amenities F, commute F, health & safety 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: Taylor Ranch Elementary School (math 68% / reading 66%, grade B+, #450 of 2,144 statewide, top 22%, 901 students, 39% FRL); Venice Middle School (math 71% / reading 58%, grade A-, #100 of 571 statewide, top 18%, 761 students, 37% FRL); Venice Senior High School (math 67% / reading 61%, grade B-, #86 of 667 statewide, top 13%, 2,584 students, 31% FRL).
• Market conditions: Rents flat; 1255 active listings in the ZIP; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• 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 193 days — a 12% lower offer ($251k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.
• Current owner paid $14k; list at $285k implies a 1936% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $198,548 (30.3% 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 193 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.70% ✗
• Cap rate: 4.60%
• Cash-on-cash: -6.03%
• DSCR: 0.73
• GRM: 12.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.7% rent growth · sell at horizon

5-year hold

• IRR: -29.2%
• Equity multiple: 0.05×
• Total profit: $-76,187
• Equity at exit: $42,494

10-year hold

• IRR: -42.3%
• Equity multiple: -0.46×
• Total profit: $-116,712
• Equity at exit: $24,642

Cash invested: $79,800 (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.

Methodology + full state rankings →

ZIP-level market 34293

• Rents YoY: 0.7%
• Active inventory: 1255
• Price-to-rent: 12.0×

Monthly cashflow live

• Estimated rent: $1,985 medium
• Mortgage (P&I): −$1,495
• Tax est. 1.5%: −$356 /mo · $4,275/yr
• Insurance: −$119
• HOA: −$0
• Vacancy / Maint / Mgmt: −$417
• Net cashflow: $-401

Break-even live

Break-even rent $2,493

Max offer price $226,969

Occupancy floor —

Sensitivity live

Price	-10% $-204	-5% $-303	+0% $-401	+5% $-500	+10% $-598
Rent	-10% $-558	-5% $-479	+0% $-401	+5% $-323	+10% $-244
Rate	-1.0pp $-258	-0.5pp $-329	base $-401	+0.5pp $-475	+1.0pp $-550

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: $71,250
• Closing costs: $8,550
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-21
   days on market $285,000 Active 193 DOM
2. 2026-06-18
   days on market $285,000 Active 190 DOM
3. 2026-06-17
   days on market $285,000 Active 189 DOM
4. 2026-06-16
   days on market $285,000 Active 188 DOM
5. 2026-06-15
   days on market $285,000 Active 187 DOM
6. 2026-06-13
   days on market $285,000 Active 185 DOM
7. 2026-06-13
   days on market $285,000 Active 184 DOM
8. 2026-06-10
   days on market $285,000 Active 182 DOM
9. 2026-06-09
   days on market $285,000 Active 181 DOM
10. 2026-06-08
    days on market $285,000 Active 179 DOM
11. 2026-06-05
    days on market $285,000 Active 176 DOM
12. 2026-06-03
    days on market $285,000 Active 175 DOM
13. 2026-06-02
    days on market $285,000 Active 174 DOM
14. 2026-06-01
    days on market $285,000 Active 173 DOM
15. 2026-05-31
    days on market $285,000 Active 172 DOM
16. 2025-12-10
    listed $285,000 Active 2130-char remark

    Show marketing remark (2130 chars)

    Pre-Construction. To be built. Introducing a new unique pre construction opportunity, a newly created residential lot offering the perfect setting for an eco smart, hurricane resilient custom home. This thoughtfully designed 640 sq ft residence is crafted from two modified steel containers, providing a blend of strength, sustainability, and modern efficiency. Buyers may choose between a 2-bedroom layout or an open 1-bedroom design, making it ideal as a full-time residence, seasonal retreat, or investment property. Engineered with durability at its core, this home is built to Florida Hurricane Miami-Dade Code, complete with hurricane impact windows and doors, concrete pier foundations with embedded steel, and Icynene closed-cell insulation for superior performance. Inside, the home will feature granite countertops, luxury vinyl plank flooring, LED lighting with dimmers, a mini split heating and cooling system, and tankless hot water heater propane or electric option. Every detail is designed to deliver long lasting quality with low maintenance in mind. The lot itself is cleared and ready for development. A private well and septic system will be required; electric is available nearby for easy connection. With no HOA restrictions, you have the flexibility to build a stylish, energy efficient home that fits your lifestyle. Delivery of the completed structure is included within 100 miles of Wauchula, Florida, offering a seamless and cost-effective building experience. Located just minutes from Venice’s top conveniences, this site places you close to shopping, dining, medical facilities, parks, and the beautiful Gulf Coast. Venice Beach, Manasota Key, and the region’s renowned outdoor recreation are all easily accessible from your future doorstep. Optional upgrades include lower deck packages, an upper deck, and a peak roof system. Whether you’re a homeowner seeking an affordable, storm strong coastal retreat or an investor looking for a high demand rental opportunity, this pre construction package offers exceptional value in one of Southwest Florida’s most desirable markets.

17. 2025-12-04
    listed $55,000 Active 1788-char remark

    Show marketing remark (1788 chars)

    * * * FLEXIBLE FINANCING AVAILABLE, ENQUIRE NOW * * * Prime Residential Lot in Central Sarasota 7,635 sq ft Discover an exceptional opportunity to build your dream home on this newly created residential lot located in the heart of Sarasota. This cleared parcel sits next to a recently split property and offers the perfect blank canvas for a custom home, investment build, or future development. The lot will require installation of a private well and septic system, as utilities are not currently in place; however, electric service is available nearby, providing convenient access when construction begins. Situated in one of Sarasota’s most desirable and established residential areas, this homesite places you close to everything that makes the 34293 ZIP code so sought after. Enjoy quick access to Arlington Park, a favorite local spot featuring a pool, walking paths, playgrounds, tennis courts, and shaded green spaces. Everyday conveniences such as Publix, local boutiques, cafés, and dining options are just minutes away. Families appreciate the proximity to top Sarasota schools, including Southside Elementary, Brookside Middle, and Sarasota High School (buyer to verify). Medical services and hospital facilities are also close by, with Sarasota Memorial Hospital just a short drive from your future doorstep. Best of all, this location offers effortless access to Sarasota’s world-famous beaches. Siesta Key, Lido Key, and St. Armands Circle are all within easy reach, making weekend beach days and sunset trips part of your regular routine. Whether you’re an investor, builder, or future homeowner, this centrally located Sarasota lot presents a rare chance to secure land in a high-demand area with no HOA restrictions and endless potential.

18. 2004-01-26
    soldstatus $14,000

ⓘ 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 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 6 d/yr ≥107°F today · 25 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: $23,826
• − Mortgage interest: −$15,964
• − Property taxes: −$4,275
• − Insurance: −$1,425
• − Repairs & maintenance: −$1,906
• − Management: −$1,906
• − Depreciation: −$8,291
• Taxable loss: −$9,942
• Est. tax savings @ 24.0%: +$2,386
• After-tax cash flow: $-2,426/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 Venice

• Score: 67/100
• State rank: #549
• US rank: #10377

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Sarasota County · 448,376 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 50,278
• Household income: $90,038
• Rent vs Own: 11.3% rent · 88.7% own
• Severe rent burden: 548.0

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 (90%)
• Race & ethnicity: White 90% Hispanic / Latino 5% Two or more races 4% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Romanian 7% Lithuanian 4% Slovak 3%
• Foreign-born: 9% · Canada, China, Dominican Republic
• Languages at home: 90% English-only · Spanish 3% Russian/Polish/Slavic 2% French/Haitian/Cajun 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: ▼ -355.64%
• Current HPI: 270.5242
• Rent YoY: ▲ 0.70%
• 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

+1935.7% since first listed

3 events — show timeline

• 2025-12-10 Listed $285,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-04 Listed $55,000 Stellar MLS as Distributed by MLS Grid
• 2004-01-26 Sold (Public Records) $14,000 Public Records

Property tax history

+1.1%/yr

Latest (2025): $392 · +4.3% YoY. Source: county tax records.