733 Laurel Ave · Venice, FL 34285

$350,000

4 bd · 2.0 ba · 1,530 sqft · SingleFamily public records · 118 Days on market

Built 1954 10,200 sqft lot

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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 +11.5/30.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• Rent growth +4.7/5.0
• Livability +4.0/5.0
• DSCR +3.4/10.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Location is key, this home is located in Historic Venice District just 2 blocks f Venice Ave. you are just minutes from downtown, Restaurants, Beaches, Shopping and entertainment. This 4 bedroom 2 bath home has the back bedroom with a full kitchen for a mother-inl-aw suite. In 2021 new roof was installed with 14 Solar panels, in 2025 a new steel roof was installed on the shed, in 2017 a new detached oversized 2 car garage (26x30) with a full bath and walk-in shower, in 2016 all windows have been replaced with hurricane windows, in 2015 the whole house has a water softener and kitchen has reverse osmosis wood cabinets and Corian cabinet tops, . In 2021owner installed tankless water heater and title throughout the home, in 2025 the exterior of home and trim was painted, master bath has jacuzzi tub/shower, , both bathroom have new toilets, owner has total of 7 ramps for all step downs for out side decks, , owner also has service contracts for 2 ref, stove, , washer, dryer, dishwasher and overhead rangehood . NO HOA RULES OR FEES! City water and sewer, Lots of charm, and style you'll love the privacy vinyl fence and double wide extra long driveway for parking your cars or boats.

Key facts

• Hurricane windows
• Water softener
• 0.23 acre lot

Tags

• NEW ROOF WITH SOLAR PANELS
• NEW STEEL ROOF ON SHED
• DETACHED OVERSIZED GARAGE
• HURRICANE WINDOWS
• WATER SOFTENER
• REVERSE OSMOSIS KITCHEN

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $-117 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $329k (5.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $249k (28.9% below list).
• Recommended offer: $249k (28.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 80/100 on livability (#129 in FL, #1,925 nationally) — a professional / high-income tenant draw. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities D-, 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 rising fast (+8.8%/yr); 462 active listings in the ZIP; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 44% of the median local income ($68k/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 $2k of loan paydown is wiped out by about $10k 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 118 days — a 9% lower offer ($318k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 18y 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.
• Current owner paid $115k; list at $350k implies a 204% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk; 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 $248,926 (28.9% 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 118 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 A-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?
7. 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?
8. 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.
9. 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.
10. 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: 0.71% ✗
• Cap rate: 5.89%
• Cash-on-cash: -1.44%
• DSCR: 0.94
• GRM: 11.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -14.0%
• Equity multiple: 0.48×
• Total profit: $-51,199
• Equity at exit: $52,186

10-year hold

• IRR: 0.6%
• Equity multiple: 1.05×
• Total profit: $4,987
• Equity at exit: $30,262

Cash invested: $98,000 (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 34285

• Rents YoY: 8.8%
• Active inventory: 462
• Price-to-rent: 11.7×

Monthly cashflow live

• Estimated rent: $2,489 medium
• Mortgage (P&I): −$1,835
• Tax from tax record: −$103 /mo · $1,231/yr
• Insurance: −$146
• HOA: −$0
• Vacancy / Maint / Mgmt: −$523
• Net cashflow: $-117

Break-even live

Break-even rent $2,638

Max offer price $329,278

Occupancy floor 100%

Sensitivity live

Price	-10% $81	-5% $-18	+0% $-117	+5% $-216	+10% $-315
Rent	-10% $-314	-5% $-216	+0% $-117	+5% $-19	+10% $79
Rate	-1.0pp $59	-0.5pp $-28	base $-117	+0.5pp $-208	+1.0pp $-300

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: $87,500
• Closing costs: $10,500
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-18
   days on market $350,000 Active 118 DOM
2. 2026-06-17
   days on market $350,000 Active 117 DOM
3. 2026-06-16
   days on market $350,000 Active 116 DOM
4. 2026-06-15
   days on market $350,000 Active 115 DOM
5. 2026-06-13
   days on market $350,000 Active 113 DOM
6. 2026-06-13
   days on market $350,000 Active 112 DOM
7. 2026-06-10
   days on market $350,000 Active 110 DOM
8. 2026-06-09
   days on market $350,000 Active 109 DOM
9. 2026-06-08
   days on market $350,000 Active 108 DOM
10. 2026-06-08
    days on market $350,000 Active 107 DOM
11. 2026-06-05
    days on market $350,000 Active 104 DOM
12. 2026-06-03
    days on market $350,000 Active 103 DOM
13. 2026-06-02
    days on market $350,000 Active 102 DOM
14. 2026-06-01
    days on market $350,000 Active 101 DOM
15. 2026-05-31
    days on market $350,000 Active 100 DOM
16. 2026-02-16
    listed $350,000 Active 1194-char remark

    Show marketing remark (1194 chars)

    Location is key, this home is located in Historic Venice District just 2 blocks f Venice Ave. you are just minutes from downtown, Restaurants, Beaches, Shopping and entertainment. This 4 bedroom 2 bath home has the back bedroom with a full kitchen for a mother-inl-aw suite. In 2021 new roof was installed with 14 Solar panels, in 2025 a new steel roof was installed on the shed, in 2017 a new detached oversized 2 car garage (26x30) with a full bath and walk-in shower, in 2016 all windows have been replaced with hurricane windows, in 2015 the whole house has a water softener and kitchen has reverse osmosis wood cabinets and Corian cabinet tops, . In 2021owner installed tankless water heater and title throughout the home, in 2025 the exterior of home and trim was painted, master bath has jacuzzi tub/shower, , both bathroom have new toilets, owner has total of 7 ramps for all step downs for out side decks, , owner also has service contracts for 2 ref, stove, , washer, dryer, dishwasher and overhead rangehood . NO HOA RULES OR FEES! City water and sewer, Lots of charm, and style you'll love the privacy vinyl fence and double wide extra long driveway for parking your cars or boats.

17. 2012-09-04
    soldstatus $115,000
18. 2012-08-28
    soldstatus $115,000 1110-char remark

    Show marketing remark (1110 chars)

    ACTIVE WITH CONTRACT * * * CHARMING Mid-Century Custom Bungalow with POTENTIAL IN-LAW boasts CONCRETE POURED WALLS * * * BIG OPEN LIVING and DINING ROOMS * * * TONS OF NATURAL LIGHT * * * Plaster walls and ceilings. Updated baths. Corian counters and original solid wood cabinets in spacious kitchen. Custom built-ins. Screened LANAI and outdoor patio. Lots of CHARM and STYLE on a VERY PRIVATE oversized lot. CITY WATER AND SEWER - YAY! INTERIOR LAUNDRY ROOM - YAY! Centrally located within 2 miles of The Historic District, 3 miles to Venice Beach. They just don't build them like this anymore - concrete poured walls paired with concrete block, plus newer roof (2010) with roof clips, makes this home solid enough that current owner pays less than $600 per year for homeowner's insurance. Newer A/C, too. Two sheds in the extra deep back yard provide lots of storage. Room for a pool. North Edgewood offers a non-deed restricted BIG TREE neighborhood within walking distance to restaurants and shopping off Venice Avenue - and NO HOA RULES OR FEES. This is exactly what you were hoping for.

19. 2012-02-27
    listed $129,000 1110-char remark

    Show marketing remark (1110 chars)

    ACTIVE WITH CONTRACT * * * CHARMING Mid-Century Custom Bungalow with POTENTIAL IN-LAW boasts CONCRETE POURED WALLS * * * BIG OPEN LIVING and DINING ROOMS * * * TONS OF NATURAL LIGHT * * * Plaster walls and ceilings. Updated baths. Corian counters and original solid wood cabinets in spacious kitchen. Custom built-ins. Screened LANAI and outdoor patio. Lots of CHARM and STYLE on a VERY PRIVATE oversized lot. CITY WATER AND SEWER - YAY! INTERIOR LAUNDRY ROOM - YAY! Centrally located within 2 miles of The Historic District, 3 miles to Venice Beach. They just don't build them like this anymore - concrete poured walls paired with concrete block, plus newer roof (2010) with roof clips, makes this home solid enough that current owner pays less than $600 per year for homeowner's insurance. Newer A/C, too. Two sheds in the extra deep back yard provide lots of storage. Room for a pool. North Edgewood offers a non-deed restricted BIG TREE neighborhood within walking distance to restaurants and shopping off Venice Avenue - and NO HOA RULES OR FEES. This is exactly what you were hoping for.

20. 2009-02-19
    historical
21. 2008-07-15
    listed $145,000

ⓘ 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: $1,231 · $103/mo
• Projected year-2 tax: $2,905 · $242/mo
• Expected delta: +$1,674/yr (+$140/mo · 136.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 45% 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

Taxation est. · year 1

• Rental income: $29,871
• − Mortgage interest: −$19,605
• − Property taxes: −$1,231
• − Insurance: −$1,750
• − Repairs & maintenance: −$2,390
• − Management: −$2,390
• − Depreciation: −$10,182
• Taxable loss: −$7,676
• Est. tax savings @ 24.0%: +$1,842
• After-tax cash flow: $435/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 — Venice

• Score: 80/100
• State rank: #129
• US rank: #1925

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Venice, FL
• County: Sarasota County · 448,376 people
• City population: 86,541
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 18,677
• Household income: $68,301
• Rent vs Own: 20.3% rent · 79.7% own
• Severe rent burden: 747.0

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 (88%)
• Race & ethnicity: White 88% Two or more races 6% Hispanic / Latino 6% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 5% Italian 3%
• Foreign-born: 11% · Canada
• Languages at home: 88% English-only · Spanish 4% Other Indo-European 2% German/W. Germanic 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: ▼ -329.42%
• Current HPI: 264.6389
• Rent YoY: ▲ 8.78%
• 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

+141.4% since first listed

6 events — show timeline

• 2026-02-16 Listed $350,000 Stellar MLS as Distributed by MLS Grid
• 2012-09-04 Sold (Public Records) $115,000 Public Records
• 2012-08-28 Sold (MLS) $115,000 Stellar MLS as Distributed by MLS Grid
• 2012-02-27 Listed $129,000 Stellar MLS as Distributed by MLS Grid
• 2009-02-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2008-07-15 Listed $145,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+0.1%/yr

Latest (2025): $1,231 · -12.0% YoY. Source: county tax records.