20 N Flora Vista St · Englewood, FL 34223

$210,000

2 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 31 Days on market

Built 1979 4,884 sqft lot $318/mo HOA · 13% of rent

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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 +22.0/30.0
• ARV discount +7.5/15.0
• 1% rule +7.0/10.0
• DSCR +7.0/10.0
• Schools +5.4/10.0
• Rent growth +4.8/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This meticulously maintained home is fully furnished, tastefully decorated and a must see! Property has been renovated throughout, including new plumbing under home. It's a BRAND NEW HOME. The kitchen boasts granite counter tops, new cabinets and stainless steel appliances. The lania is south facing so in the winter months it hangs low in the sky, heating the entire home! This community offers everything you could possibly want from a craft room that includes a press and a kiln for making pottery, woodworking shop with all the tools you will need for your projects, a library that includes a computer, scanner and printer, a workout room with showers, heated pool with hot tub, and a marina with slips available to rent. But that's not all! There are also bocci ball, tennis, shuffleboard and pickle ball courts! Come and enjoy everything that Florida has to offer at this elite 55+ community of Alameda Isles.

Key facts

• Oversized corner lot
• Outdoor kitchen
• 4,884 sq ft lot

Tags

• OVERSIZED CORNER LOT
• MARINA WITH 58 BOAT SLIPS
• CUSTOM-DESIGNED KITCHEN
• SPACIOUS ENCLOSED FLORIDA ROOM
• PRIVATE IRRIGATION SYSTEM
• OUTDOOR KITCHEN

Property features AI

Finance

• Other: Furnished; Corner, landscaped, oversized paved lot
• Financial info: Lease restrictions apply
• HOA & community: Kelly association with monthly fee of $318 (fee required; approval required); Association amenities include clubhouse, fitness center, gated entry, pool, spa/hot tub, tennis, pickleball, shuffleboard, park, recreational facilities, storage; vehicle restrictions and optional additional fees; Community features include clubhouse, deed restrictions, fitness center, park, pool, and tennis courts; Senior community; Dogs allowed

Exterior

• Parking: Covered parking; Driveway; Off-street parking; Oversized parking; 3-space carport
• Security: Security system
• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Sewer connected; Water connected
• Home design: Residential manufactured home (double wide); One story; Southwest facing; Completed condition; Pillar/post/pier foundation
• Construction: Metal siding; Metal roof
• Exterior features: Covered, enclosed and screened patio; Patio; Outdoor kitchen; Outdoor lighting; Shed(s); Mature landscaping; Near marina; No-wake zone water access

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Stone counters; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Built-in features; Cathedral ceilings; Ceiling fans; Eat-in kitchen; High ceilings; Kitchen/family room combo; Living room/dining room combo; Open floorplan; Stone counters; Thermostat; Walk-in closets; Window treatments
• Laundry & utility: Washer; Dryer; Outside laundry area; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $210k.

Deal economics

• At list price, monthly cash flow is $334 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $210k).
• Recommended offer: $204k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 3.8% in Englewood — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#321 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, health & safety A; Watch: employment C-, 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 rising fast (+9.0%/yr); 720 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 40% of the median local income ($76k/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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $59k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($204k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 10y 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 $140k; list at $210k implies a 50% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; 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 $203,700 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.20% ✓
• Cap rate: 8.20%
• Cash-on-cash: 6.81%
• DSCR: 1.30
• GRM: 7.0

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: 0.3%
• Equity multiple: 1.01×
• Total profit: $660
• Equity at exit: $31,312

10-year hold

• IRR: 14.9%
• Equity multiple: 2.51×
• Total profit: $89,042
• 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.

Methodology + full state rankings →

ZIP-level market 34223

• Home prices YoY: -34.2%
• Rents YoY: 9.0%
• Active inventory: 720
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,513 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$145 /mo · $1,743/yr
• Insurance: −$88
• HOA: −$318
• Vacancy / Maint / Mgmt: −$528
• Net cashflow: $334

Break-even live

Break-even rent $2,091

Max offer price $210,000

Occupancy floor 82%

Sensitivity live

Price	-10% $452	-5% $393	+0% $334	+5% $274	+10% $215
Rent	-10% $135	-5% $234	+0% $334	+5% $433	+10% $532
Rate	-1.0pp $439	-0.5pp $387	base $334	+0.5pp $279	+1.0pp $224

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: —

HOA detail

• Monthly dues: $318 · $3,816/yr
• Likely covers: pool

Listing history 32 events

1. 2026-06-21
   days on market $210,000 Active 31 DOM
2. 2026-06-18
   days on market $210,000 Active 28 DOM
3. 2026-06-17
   days on market $210,000 Active 27 DOM
4. 2026-06-16
   days on market $210,000 Active 26 DOM
5. 2026-06-15
   days on market $210,000 Active 25 DOM
6. 2026-06-13
   days on market $210,000 Active 23 DOM
7. 2026-06-13
   days on market $210,000 Active 22 DOM
8. 2026-06-10
   days on market $210,000 Active 20 DOM
9. 2026-06-09
   days on market $210,000 Active 19 DOM
10. 2026-06-08
    days on market $210,000 Active 18 DOM
11. 2026-06-08
    days on market $210,000 Active 17 DOM
12. 2026-06-05
    days on market $210,000 Active 14 DOM
13. 2026-06-03
    days on market $210,000 Active 13 DOM
14. 2026-06-02
    days on market $210,000 Active 12 DOM
15. 2026-06-01
    days on market $210,000 Active 11 DOM
16. 2026-05-31
    days on market $210,000 Active 10 DOM
17. 2026-05-22
    listed $210,000 Active
18. 2026-03-31
    historical
19. 2026-02-27
    price $219,000
20. 2026-01-01
    status Active
21. 2025-12-31
    historical
22. 2025-11-12
    price $222,000
23. 2025-11-11
    status Active
24. 2025-11-08
    status Pending
25. 2025-10-20
    price $225,000
26. 2025-09-03
    listed $249,900 Active
27. 2017-02-22
    soldstatus $140,000
28. 2017-02-21
    soldstatus $140,000 Sold 917-char remark

    Show marketing remark (917 chars)

    This meticulously maintained home is fully furnished, tastefully decorated and a must see! Property has been renovated throughout, including new plumbing under home. It's a BRAND NEW HOME. The kitchen boasts granite counter tops, new cabinets and stainless steel appliances. The lania is south facing so in the winter months it hangs low in the sky, heating the entire home! This community offers everything you could possibly want from a craft room that includes a press and a kiln for making pottery, woodworking shop with all the tools you will need for your projects, a library that includes a computer, scanner and printer, a workout room with showers, heated pool with hot tub, and a marina with slips available to rent. But that's not all! There are also bocci ball, tennis, shuffleboard and pickle ball courts! Come and enjoy everything that Florida has to offer at this elite 55+ community of Alameda Isles.

29. 2017-02-03
    status Pending 917-char remark

    Show marketing remark (917 chars)

    This meticulously maintained home is fully furnished, tastefully decorated and a must see! Property has been renovated throughout, including new plumbing under home. It's a BRAND NEW HOME. The kitchen boasts granite counter tops, new cabinets and stainless steel appliances. The lania is south facing so in the winter months it hangs low in the sky, heating the entire home! This community offers everything you could possibly want from a craft room that includes a press and a kiln for making pottery, woodworking shop with all the tools you will need for your projects, a library that includes a computer, scanner and printer, a workout room with showers, heated pool with hot tub, and a marina with slips available to rent. But that's not all! There are also bocci ball, tennis, shuffleboard and pickle ball courts! Come and enjoy everything that Florida has to offer at this elite 55+ community of Alameda Isles.

30. 2016-10-03
    listed $170,000 Active 917-char remark

    Show marketing remark (917 chars)

    This meticulously maintained home is fully furnished, tastefully decorated and a must see! Property has been renovated throughout, including new plumbing under home. It's a BRAND NEW HOME. The kitchen boasts granite counter tops, new cabinets and stainless steel appliances. The lania is south facing so in the winter months it hangs low in the sky, heating the entire home! This community offers everything you could possibly want from a craft room that includes a press and a kiln for making pottery, woodworking shop with all the tools you will need for your projects, a library that includes a computer, scanner and printer, a workout room with showers, heated pool with hot tub, and a marina with slips available to rent. But that's not all! There are also bocci ball, tennis, shuffleboard and pickle ball courts! Come and enjoy everything that Florida has to offer at this elite 55+ community of Alameda Isles.

31. 2006-03-22
    soldstatus $126,500
32. 1995-02-23
    soldstatus $62,000

ⓘ 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: $1,743 · $145/mo
• Projected year-2 tax: $1,743 · $145/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 6/10 Major FEMA zone X (shaded) · 70% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 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: $30,160
• − Mortgage interest: −$11,763
• − Property taxes: −$1,743
• − Insurance: −$1,050
• − Repairs & maintenance: −$2,413
• − Management: −$2,413
• − HOA: −$3,816
• − Depreciation: −$6,109
• Taxable income: $854
• Est. tax owed @ 24.0%: −$205
• After-tax cash flow: $3,798/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 — Englewood

• Score: 73/100
• State rank: #321
• US rank: #5655

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Englewood, FL
• County: Sarasota County · 448,376 people
• City population: 35,420
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 19,884
• Household income: $76,016
• Rent vs Own: 12.5% rent · 87.5% own
• Severe rent burden: 290.0

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 (94%)
• Race & ethnicity: White 94% Two or more races 3% Hispanic / Latino 3% Asian 1%
• Common ancestry: Romanian 7% Lithuanian 4% Iranian 2%
• Foreign-born: 9% · Canada
• Languages at home: 94% English-only · German/W. Germanic 2% Spanish 1% 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: ▼ -146.26%
• Current HPI: 281.0529
• Rent YoY: ▲ 9.02%
• 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

+238.7% since first listed

16 events — show timeline

• 2026-05-22 Listed $210,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-27 Price Changed $219,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-12-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-11-12 Price Changed $222,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-11 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-20 Price Changed $225,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-03 Listed $249,900 Stellar MLS as Distributed by MLS Grid
• 2017-02-22 Sold (Public Records) $140,000 Public Records
• 2017-02-21 Sold (MLS) $140,000 Stellar MLS as Distributed by MLS Grid
• 2017-02-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-10-03 Listed $170,000 Stellar MLS as Distributed by MLS Grid
• 2006-03-22 Sold (Public Records) $126,500 Public Records
• 1995-02-23 Sold (Public Records) $62,000 Public Records

Property tax history

+7.2%/yr

Latest (2025): $1,743 · +4.7% YoY. Source: county tax records.