10706 Tiger Lily Dr · North Port, FL 34293

$269,000

3 bd · 2.5 ba · 1,464 sqft · Townhouse · 129 Days on market

Built 2026 Excellent condition 2,100 sqft lot $254/mo HOA · 10% of rent ↓ 17% since listing

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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 +11.6/30.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• Condition / age +5.0/5.0
• 1% rule +4.5/10.0
• Livability +3.8/5.0
• DSCR +3.4/10.0
• Rent growth +2.7/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

Key facts

• $254 HOA
• Garage
• Built 2026

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $269k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-152 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $247k (8.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $257k (4.6% below list).
• Recommended offer: $237k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.9% vs local median 3.8% in North Port — 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 75/100 on livability (#252 in FL, #3,975 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: 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.
• Zoned schools: Englewood Elementary School (math 65% / reading 66%, grade B+, #500 of 2,144 statewide, top 24%, 587 students, 52% 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).
• This rent runs 34% 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 $2k of loan paydown is wiped out by about $8k 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 129 days — a 12% lower offer ($237k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $64k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; severe wildfire risk; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $236,720 (12.0% 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 129 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. Schools are B-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?
8. 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?
9. 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.
10. 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.
11. 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: 0.95% ✗
• Cap rate: 5.91%
• Cash-on-cash: -1.36%
• DSCR: 0.94
• GRM: 8.7

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: -23.3%
• Equity multiple: 0.22×
• Total profit: $-58,842
• Equity at exit: $40,109

10-year hold

• IRR: -27.3%
• Equity multiple: -0.14×
• Total profit: $-85,499
• Equity at exit: $23,258

Cash invested: $75,320 (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: 8.7×

Monthly cashflow live

• Estimated rent: $2,566 medium
• Mortgage (P&I): −$1,411
• Tax est. 1.5%: −$336 /mo · $4,035/yr
• Insurance: −$112
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$254
• Vacancy / Maint / Mgmt: −$539
• Net cashflow: $-152

Break-even live

Break-even rent $2,759

Max offer price $247,003

Occupancy floor —

Sensitivity live

Price	-10% $34	-5% $-59	+0% $-152	+5% $-245	+10% $-338
Rent	-10% $-355	-5% $-253	+0% $-152	+5% $-51	+10% $51
Rate	-1.0pp $-17	-0.5pp $-84	base $-152	+0.5pp $-222	+1.0pp $-293

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: $67,250
• Closing costs: $8,070
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $254 · $3,048/yr

Listing history 29 events

1. 2026-06-21
   days on market $269,000 Active 129 DOM
2. 2026-06-18
   days on market $269,000 Active 126 DOM
3. 2026-06-17
   days on market $269,000 Active 125 DOM
4. 2026-06-16
   pricedays on market $269,000 Active 124 DOM
5. 2026-06-15
   days on market $272,990 Active 123 DOM
6. 2026-06-13
   days on market $272,990 Active 121 DOM
7. 2026-06-13
   days on market $272,990 Active 120 DOM
8. 2026-06-10
   days on market $272,990 Active 118 DOM
9. 2026-06-09
   days on market $272,990 Active 117 DOM
10. 2026-06-08
    days on market $272,990 Active 116 DOM
11. 2026-06-08
    days on market $272,990 Active 115 DOM
12. 2026-06-05
    days on market $272,990 Active 112 DOM
13. 2026-06-03
    pricedays on market $272,990 Active 111 DOM
14. 2026-06-02
    days on market $277,990 Active 110 DOM
15. 2026-06-01
    days on market $277,990 Active 109 DOM
16. 2026-05-31
    days on market $277,990 Active 108 DOM
17. 2026-05-06
    price $277,990 670-char remark

    Show marketing remark (670 chars)

    This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

18. 2026-05-06
    price $297,990 670-char remark

    Show marketing remark (670 chars)

    This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

19. 2026-05-06
    price $277,990 873-char remark

    Show marketing remark (670 chars)

    This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

20. 2026-05-06
    price $277,990 670-char remark

    Show marketing remark (670 chars)

    This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

21. 2026-04-10
    price $297,990 670-char remark

    Show marketing remark (670 chars)

    This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

22. 2026-04-09
    price $297,990 873-char remark

    Show marketing remark (670 chars)

    This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

23. 2026-04-09
    price $297,000 670-char remark

    Show marketing remark (670 chars)

    This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

24. 2026-03-13
    price $302,990 670-char remark

    Show marketing remark (670 chars)

    This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

25. 2026-03-12
    price $302,990 873-char remark

    Show marketing remark (873 chars)

    Under Construction. MOVE IN READY! Receive up to $10,000 towards closing costs with the use of our preferred lender - Now through Sunday, May 31st. HORTON Welcomes you to Ashcombe Wellen Park, located in the Master-Planned community of Wellen Park. This community will feature townhomes offering 1,464 sq. ft. of living space, with 3 bedrooms, 2 bathrooms and a 1-car garage. This includes an open concept living area and kitchen downstairs connected to an outdoor back patio. Each home includes a spacious driveway with room for up to two additional vehicles. Townhomes offers the ultimate low-maintenance lifestyle, giving you more time to enjoy family, friends and relaxation. Downtown Wellen serves as the vibrant hub for shopping, dining, and entertainment. From waterfront restaurants to boutique shops and lively community events, COMING SOON A POOL & CABANNA!

26. 2026-03-06
    price $327,990 873-char remark

    Show marketing remark (670 chars)

    This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

27. 2026-03-06
    price $327,990 670-char remark

    Show marketing remark (670 chars)

    This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

28. 2026-02-13
    listed $332,990 Active 670-char remark

    Show marketing remark (670 chars)

    This townhome features 3 bedrooms, 2.5 bathrooms, and a 1-car garage, all in a spacious 1,464 sq. ft. area. As you enter the home, you will find a foyer as well as a powder room. Beyond that is the open-concept kitchen and living area, which includes countertop seating and ample space for a dining table. Upstairs, you'll find the primary bedroom with a walk-in closet and an en suite bathroom featuring a double-bowl vanity. You'll also find two additional bedrooms available, each with ample closet space. The hallway conveniently houses another full bathroom and an upstairs laundry room. Discover why the Pearson Townhome will be the perfect fit for your next move!

29. 2026-02-12
    listed $332,990 Active 873-char remark

    Show marketing remark (873 chars)

    Under Construction. MOVE IN READY! Receive up to $10,000 towards closing costs with the use of our preferred lender - Now through Sunday, May 31st. HORTON Welcomes you to Ashcombe Wellen Park, located in the Master-Planned community of Wellen Park. This community will feature townhomes offering 1,464 sq. ft. of living space, with 3 bedrooms, 2 bathrooms and a 1-car garage. This includes an open concept living area and kitchen downstairs connected to an outdoor back patio. Each home includes a spacious driveway with room for up to two additional vehicles. Townhomes offers the ultimate low-maintenance lifestyle, giving you more time to enjoy family, friends and relaxation. Downtown Wellen serves as the vibrant hub for shopping, dining, and entertainment. From waterfront restaurants to boutique shops and lively community events, COMING SOON A POOL & CABANNA!

ⓘ 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 8/10 Severe FEMA zone X (shaded) · 97% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 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: $30,797
• − Mortgage interest: −$15,068
• − Property taxes: −$4,035
• − Insurance: −$2,142
• − Repairs & maintenance: −$2,464
• − Management: −$2,464
• − HOA: −$3,048
• − Depreciation: −$7,825
• Taxable loss: −$6,250
• Est. tax savings @ 24.0%: +$1,500
• After-tax cash flow: $-324/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.

Condition & rehab AI · 12 photos

Excellent 100/100 None rehab

This move-in-ready townhome is in excellent condition with modern amenities and a low-maintenance lifestyle.

Value-add opportunities

• Both landscaping — improves curb appeal and adds value
• Both smart home integration — enhances convenience and marketability

Renovation cost estimate screening

Value-add ROI direction

• Both landscaping — improves curb appeal and adds value ↑
• Both smart home integration — enhances convenience and marketability ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — North Port

• Score: 75/100
• State rank: #252
• US rank: #3975

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Port, FL
• County: Sarasota County · 448,376 people
• City population: 75,324
• 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

-16.5% since first listed

13 events — show timeline

• 2026-05-06 Price Changed $277,990 Zillow
• 2026-05-06 Price Changed $297,990 Zillow
• 2026-05-06 Price Changed $277,990 Stellar MLS as Distributed by MLS Grid
• 2026-05-06 Price Changed $277,990 Zillow
• 2026-04-10 Price Changed $297,990 Zillow
• 2026-04-09 Price Changed $297,990 Stellar MLS as Distributed by MLS Grid
• 2026-04-09 Price Changed $297,000 Zillow
• 2026-03-13 Price Changed $302,990 Zillow
• 2026-03-12 Price Changed $302,990 Stellar MLS as Distributed by MLS Grid
• 2026-03-06 Price Changed $327,990 Stellar MLS as Distributed by MLS Grid
• 2026-03-06 Price Changed $327,990 Zillow
• 2026-02-13 Listed $332,990 Zillow
• 2026-02-12 Listed $332,990 Stellar MLS as Distributed by MLS Grid