1475 Flamingo Dr #330 · Englewood, FL 34224

$84,600

2 bd · 2.0 ba · 421 sqft · Land public records · 40 Days on market

Built 1996 1,659 sqft lot $140/mo HOA · 10% of rent

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.6/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

If you're wondering if Englewood, Florida is a good place to retire from the North and those escape cold winters. .. your answer is YES! HERE, YOU OWN THE LAND. No lot rent. No monthly lease hanging over your head — just a deed in your name and a low-cost, low-maintenance Florida lifestyle that actually pencils out. In a market full of manufactured homes where you rent the ground beneath you, that distinction is rare, real, and worth a lot. Lot 330 is TURNKEY FURNISHED and move-in ready. This bright 2-bedroom, 2-bath home in Holiday Travel Park puts you minutes from Englewood Beach's sugar-sand shores the day you arrive. Vaulted ceilings, natural light, laminate flooring throughout,

Key facts

• 220 amp hookup
• Turnkey furnished
• Hurricane shutters

Tags

• OWNED LAND
• TURNKEY FURNISHED
• MOVE IN READY
• HURRICANE SHUTTERS
• TANKLESS WATER HEATER
• 220 AMP HOOKUP

Property features AI

Finance

• Other: Lease restrictions apply; Buyer approval required by association
• Financial info: Turnkey furnishing (unit furnished)
• HOA & community: Part of Holiday Travel Park Association (association required; approval required); Monthly association fee of $140 ($1,680 annually); HOA fee includes cable TV, common area taxes, pool, escrow reserves, grounds maintenance, management, recreational facilities, sewer and water; Community amenities: clubhouse, pool, pickleball courts, shuffleboard, recreation facilities, storage, community mailbox, association-owned recreation, deed restrictions; Senior community; Pets allowed with restrictions (cats and dogs; weight limit ~35 lbs; number/size limits apply); Golf carts allowed; Laundry available through association amenities

Exterior

• Parking: Driveway parking
• Security: Gated community (association)
• Utilities: Private water; Private sewer; Broadband/high-speed internet available; Cable connected; Electricity connected; Water connected; Sewer connected
• Home design: Manufactured single-wide home; Residential property, completed; One level; Faces east
• Construction: Vinyl siding with frame construction; Membrane roof; Crawlspace foundation; Built as a single-wide manufactured home
• Exterior features: Hurricane shutters; Storage shed(s); Level lot; Paved road with private maintained road access; Freshwater canal access (canal is inside community and landlocked); Private boat ramp

Interior

• Kitchen: Range; Microwave; Refrigerator; Electric water heater; Tankless water heater
• Bedrooms: 2 bedrooms
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Living room and dining room combo; Thermostat; Vaulted ceilings; Window treatments (blinds and shutters)
• Laundry & utility: Washer and dryer hookups inside (laundry closet); Dryer included; Washer included; Inside utility/inside utility room

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath land listed at $85k.

Deal economics

• At list price, monthly cash flow is $288 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $82k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.3% 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.
• Charlotte (suburban): math 54% / reading 54% proficiency, ranked #22 of 73 in FL (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Myakka River Elementary School (math 65% / reading 60%, grade B, #601 of 2,144 statewide, top 28%, 608 students, 51% FRL); Lemon Bay High School (math 50% / reading 56%, grade C-, #148 of 667 statewide, top 23%, 1,360 students, 28% FRL).
• Market conditions: Rents soft (-0.1%/yr); 734 active listings in the ZIP; 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $585 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Charlotte County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 40 days — a 3% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
• 4 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 $15k; list at $85k implies a 464% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $82,062 (3.0% below list)

Questions for the listing agent

1. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 1.67% ✓
• Cap rate: 11.33%
• Cash-on-cash: 17.98%
• DSCR: 1.80
• GRM: 5.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 0.8%
• Equity multiple: 1.03×
• Total profit: $693
• Equity at exit: $12,614

10-year hold

• IRR: 6.1%
• Equity multiple: 1.38×
• Total profit: $8,945
• Equity at exit: $7,315

Cash invested: $23,688 (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 34224

• Home prices YoY: -18.9%
• Rents YoY: -0.1%
• Active inventory: 734
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,414 medium
• Mortgage (P&I): −$444
• Tax from tax record: −$143 /mo · $1,719/yr
• Insurance: −$35
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$140
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $288

Break-even live

Break-even rent $1,049

Max offer price $84,600

Occupancy floor 75%

Sensitivity live

Price	-10% $336	-5% $312	+0% $288	+5% $265	+10% $241
Rent	-10% $177	-5% $233	+0% $288	+5% $344	+10% $400
Rate	-1.0pp $331	-0.5pp $310	base $288	+0.5pp $267	+1.0pp $244

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: $21,150
• Closing costs: $2,538
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $140 · $1,680/yr

Listing history 25 events

1. 2026-06-18
   days on market $84,600 Active 40 DOM
2. 2026-06-17
   days on market $84,600 Active 39 DOM
3. 2026-06-16
   days on market $84,600 Active 38 DOM
4. 2026-06-15
   days on market $84,600 Active 37 DOM
5. 2026-06-14
   days on market $84,600 Active 35 DOM
6. 2026-06-13
   days on market $84,600 Active 34 DOM
7. 2026-06-10
   days on market $84,600 Active 32 DOM
8. 2026-06-09
   days on market $84,600 Active 31 DOM
9. 2026-06-08
   days on market $84,600 Active 30 DOM
10. 2026-06-07
    days on market $84,600 Active 29 DOM
11. 2026-06-05
    days on market $84,600 Active 26 DOM
12. 2026-06-03
    days on market $84,600 Active 25 DOM
13. 2026-06-02
    days on market $84,600 Active 24 DOM
14. 2026-06-01
    days on market $84,600 Active 23 DOM
15. 2026-05-31
    days on market $84,600 Active 22 DOM
16. 2026-05-30
    days on market $84,600 Active 21 DOM
17. 2026-05-09
    listed $84,600 Active
18. 2026-04-03
    historical
19. 2026-03-17
    status Active
20. 2026-03-11
    status Pending
21. 2025-10-15
    price $94,000
22. 2025-07-16
    status Active
23. 2025-07-10
    historical
24. 2025-04-11
    listed $110,000 Active
25. 1995-04-07
    soldstatus $15,000

ⓘ 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: $1,719 · $143/mo
• Projected year-2 tax: $1,719 · $143/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 7/10 Severe FEMA zone X (shaded) · 95% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,968
• − Mortgage interest: −$4,739
• − Property taxes: −$1,719
• − Insurance: −$1,220
• − Repairs & maintenance: −$1,357
• − Management: −$1,357
• − HOA: −$1,680
• − Depreciation: −$2,461
• Taxable income: $2,434
• Est. tax owed @ 24.0%: −$584
• After-tax cash flow: $2,878/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: Charlotte
• NCES district ID: 1200240
• Math proficiency: 54% ▼ -6.00%
• Reading proficiency: 54% ▼ -1.00%
• Median HH income: $44,864
• Composite: 45.62/100
• National rank: #2586
• State rank: #22 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: Charlotte County · 196,994 people
• City population: 35,420
• Metro: Punta Gorda, FL
• Population (ZIP): 15,536
• Household income: $57,281
• Rent vs Own: 17.8% rent · 82.2% own
• Severe rent burden: 329.0

Population outlook (Charlotte County) Hauer SSP2

• Today (2025): 198,646 people
• By 2030: 210,507 · +6.0%
• By 2040: 230,857 · +16.2%
• By 2050: 247,148 · +24.4%
• By 2075: 281,777 · +41.8%
• By 2100: 293,609 · +47.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 5% Hispanic / Latino 3% Asian 1%
• Common ancestry: Romanian 4% Slovak 4% Lithuanian 4%
• Foreign-born: 9% · Canada
• Languages at home: 92% English-only · Other Indo-European 2% Spanish 2% German/W. Germanic 1%

Political lean MEDSL · Charlotte

• 2024 margin: Solid R (+34.0) · D 32.7% · R 66.7%
• 2008→2024 swing: -26.7pp toward R · 2008: -7.2pp · 2024: -34.0pp
• All cycles: 2024: R+34.0 2020: R+26.6 2016: R+27.8 2012: R+14.3 2008: R+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -75.76%
• Current HPI: 325.0345
• Rent YoY: ▼ -0.11%
• Metro: Punta Gorda, 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

+464.0% since first listed

9 events — show timeline

• 2026-05-09 Listed $84,600 Stellar MLS as Distributed by MLS Grid
• 2026-04-03 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-03-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-15 Price Changed $94,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-16 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-07-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-04-11 Listed $110,000 Stellar MLS as Distributed by MLS Grid
• 1995-04-07 Sold (Public Records) $15,000 Public Records

Property tax history

+3.0%/yr

Latest (2025): $1,719 · -3.8% YoY. Source: county tax records.