4721 Pompano Rd · South Venice, FL 34293

$199,000

3 bd · 2.0 ba · 984 sqft · SingleFamily public records · 62 Days on market

Built 1972 10,000 sqft lot

---

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 +20.3/30.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• DSCR +6.4/10.0
• Schools +5.4/10.0
• Livability +3.4/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bedrooms, 2 baths, split plan. Kitchen opens up to the large 10X24 lanai area for extra space. With a little TLC this home will be great again. Conveniently located near Highway 41. Buyer is advised to have complete and thorough inspections done and to verify all information. Seller/Agents have no knowledge of property conditions. Being Sold As-Is.

Key facts

• Kitchen opens up
• Large lanai area
• 0.23 acre lot

Tags

• KITCHEN OPENS UP
• LARGE LANAI AREA

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $254 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $199k).
• Recommended offer: $187k (6.0% below list) — sets the bar for market timing.

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: schools F, 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.
• Market conditions: Rents flat; 1247 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 32% of the median local income ($90k/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 62 days — a 6% lower offer ($187k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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: property tax is 3.2% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $187,060 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 1.22% ✓
• Cap rate: 7.82%
• Cash-on-cash: 5.47%
• DSCR: 1.24
• GRM: 6.8

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: -10.8%
• Equity multiple: 0.62×
• Total profit: $-21,351
• Equity at exit: $29,672

10-year hold

• IRR: -5.8%
• Equity multiple: 0.67×
• Total profit: $-18,413
• Equity at exit: $17,206

Cash invested: $55,720 (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: 1247
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $2,427 medium
• Mortgage (P&I): −$1,044
• Tax from tax record: −$537 /mo · $6,440/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$510
• Net cashflow: $254

Break-even live

Break-even rent $2,105

Max offer price $199,000

Occupancy floor 85%

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-19
   status $199,000 Active 62 DOM
2. 2026-06-10
   status $199,000 Pending 62 DOM
3. 2026-06-09
   days on market $199,000 Active 62 DOM
4. 2026-06-08
   days on market $199,000 Active 61 DOM
5. 2026-06-08
   days on market $199,000 Active 60 DOM
6. 2026-06-05
   days on market $199,000 Active 57 DOM
7. 2026-06-03
   days on market $199,000 Active 56 DOM
8. 2026-06-02
   days on market $199,000 Active 55 DOM
9. 2026-06-01
   days on market $199,000 Active 54 DOM
10. 2026-05-31
    days on market $199,000 Active 53 DOM
11. 2026-05-09
    price $199,000 352-char remark

    Show marketing remark (352 chars)

    3 bedrooms, 2 baths, split plan. Kitchen opens up to the large 10X24 lanai area for extra space. With a little TLC this home will be great again. Conveniently located near Highway 41. Buyer is advised to have complete and thorough inspections done and to verify all information. Seller/Agents have no knowledge of property conditions. Being Sold As-Is.

12. 2026-05-08
    status Active 352-char remark

    Show marketing remark (352 chars)

    3 bedrooms, 2 baths, split plan. Kitchen opens up to the large 10X24 lanai area for extra space. With a little TLC this home will be great again. Conveniently located near Highway 41. Buyer is advised to have complete and thorough inspections done and to verify all information. Seller/Agents have no knowledge of property conditions. Being Sold As-Is.

13. 2026-02-12
    status Pending 352-char remark

    Show marketing remark (352 chars)

    3 bedrooms, 2 baths, split plan. Kitchen opens up to the large 10X24 lanai area for extra space. With a little TLC this home will be great again. Conveniently located near Highway 41. Buyer is advised to have complete and thorough inspections done and to verify all information. Seller/Agents have no knowledge of property conditions. Being Sold As-Is.

14. 2026-01-13
    listed $199,900 Active 352-char remark

    Show marketing remark (352 chars)

    3 bedrooms, 2 baths, split plan. Kitchen opens up to the large 10X24 lanai area for extra space. With a little TLC this home will be great again. Conveniently located near Highway 41. Buyer is advised to have complete and thorough inspections done and to verify all information. Seller/Agents have no knowledge of property conditions. Being Sold As-Is.

15. 2021-11-01
    soldstatus $288,000 Closed 156-char remark

    Show marketing remark (156 chars)

    Must be seen. Cozy house that has been updated inside and out. A 10-minute drive to beaches. Conveniently located to local shopping centers and restaurants.

16. 2021-11-01
    soldstatus $286,000

    Show marketing remark (156 chars)

    Must be seen. Cozy house that has been updated inside and out. A 10-minute drive to beaches. Conveniently located to local shopping centers and restaurants.

17. 2021-08-20
    historical 156-char remark

    Show marketing remark (156 chars)

    Must be seen. Cozy house that has been updated inside and out. A 10-minute drive to beaches. Conveniently located to local shopping centers and restaurants.

18. 2021-08-09
    listed $279,000 156-char remark

    Show marketing remark (156 chars)

    Must be seen. Cozy house that has been updated inside and out. A 10-minute drive to beaches. Conveniently located to local shopping centers and restaurants.

19. 1988-03-03
    soldstatus $48,000
20. 1972-11-01
    soldstatus $16,500

ⓘ 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: $6,440 · $537/mo
• Projected year-2 tax: $6,440 · $537/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 4/10 Moderate FEMA zone X (unshaded) · 13% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,121
• − Mortgage interest: −$11,147
• − Property taxes: −$6,440
• − Insurance: −$995
• − Repairs & maintenance: −$2,330
• − Management: −$2,330
• − Depreciation: −$5,789
• Taxable income: $90
• Est. tax owed @ 24.0%: −$22
• After-tax cash flow: $3,025/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

• Census place: South Venice, FL
• 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

+1106.1% since first listed

10 events — show timeline

• 2026-05-09 Price Changed $199,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-08 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-02-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-01-13 Listed $199,900 Stellar MLS as Distributed by MLS Grid
• 2021-11-01 Sold (Public Records) $286,000 Public Records
• 2021-11-01 Sold (MLS) $288,000 Stellar MLS as Distributed by MLS Grid
• 2021-08-20 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2021-08-09 Listed $279,000 Stellar MLS as Distributed by MLS Grid
• 1988-03-03 Sold (Public Records) $48,000 Public Records
• 1972-11-01 Sold (Public Records) $16,500 Public Records

Property tax history

+18.9%/yr

Latest (2025): $6,440 · -2.5% YoY. Source: county tax records.