2314 N Osprey Ave · Sarasota, FL 34234

$255,000

3 bd · 1.0 ba · 760 sqft · SingleFamily public records · 80 Days on market

Built 1959 7,125 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 +13.4/30.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• DSCR +4.1/10.0
• Livability +4.0/5.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Rent growth +1.7/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Location! Location! The seller is highly motivated and encourages you to bring all offers. This updated 3-bedroom, 1-bath concrete home features several key improvements, including roof, HVAC system, LED lighting, flooring, and fresh paint throughout. The kitchen and bathroom were previously updated. Additionally, the property includes a fully fenced yard. The home is conveniently located near downtown Main Street, the Ringling Museum, and the Sarasota Bradenton Airport.

Key facts

• 7,125 sq ft lot
• Built 1959
• Listed 80 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $255k.

Deal economics

• At list price, monthly cash flow is $7 ($82/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $206k (19.0% below list).
• Recommended offer: $206k (19.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 80/100 on livability (#121 in FL, #1,854 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, health & safety A+, commute A; Watch: crime 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 falling (-3.1%/yr); 268 active listings in the ZIP; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 43% of the median local income ($57k/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 80 days — a 6% lower offer ($240k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 6y 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 $156k; list at $255k implies a 63% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: 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 $206,492 (19.0% below list)

Questions for the listing agent

1. It's been on market 80 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.81% ✗
• Cap rate: 6.33%
• Cash-on-cash: 0.12%
• DSCR: 1.01
• GRM: 10.3

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: -19.3%
• Equity multiple: 0.34×
• Total profit: $-46,988
• Equity at exit: $38,021

10-year hold

• IRR: -19.2%
• Equity multiple: 0.10×
• Total profit: $-63,957
• Equity at exit: $22,048

Cash invested: $71,400 (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 34234

• Rents YoY: -3.1%
• Active inventory: 268
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,065 medium
• Mortgage (P&I): −$1,337
• Tax from tax record: −$181 /mo · $2,171/yr
• Insurance: −$106
• HOA: −$0
• Vacancy / Maint / Mgmt: −$434
• Net cashflow: $7

Break-even live

Break-even rent $2,056

Max offer price $255,000

Occupancy floor 95%

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: $63,750
• Closing costs: $7,650
• Reserves months: —
• Total cash needed: —

Listing history 39 events

1. 2026-06-18
   days on market $255,000 Active 80 DOM
2. 2026-06-17
   days on market $255,000 Active 79 DOM
3. 2026-06-16
   days on market $255,000 Active 78 DOM
4. 2026-06-15
   days on market $255,000 Active 77 DOM
5. 2026-06-13
   days on market $255,000 Active 75 DOM
6. 2026-06-13
   days on market $255,000 Active 74 DOM
7. 2026-06-10
   days on market $255,000 Active 72 DOM
8. 2026-06-09
   days on market $255,000 Active 71 DOM
9. 2026-06-08
   days on market $255,000 Active 70 DOM
10. 2026-06-08
    days on market $255,000 Active 69 DOM
11. 2026-06-05
    days on market $255,000 Active 66 DOM
12. 2026-06-03
    days on market $255,000 Active 65 DOM
13. 2026-06-02
    days on market $255,000 Active 64 DOM
14. 2026-06-01
    days on market $255,000 Active 63 DOM
15. 2026-05-31
    days on market $255,000 Active 62 DOM
16. 2026-03-30
    listed $255,000 Active 475-char remark

    Show marketing remark (475 chars)

    Location! Location! The seller is highly motivated and encourages you to bring all offers. This updated 3-bedroom, 1-bath concrete home features several key improvements, including roof, HVAC system, LED lighting, flooring, and fresh paint throughout. The kitchen and bathroom were previously updated. Additionally, the property includes a fully fenced yard. The home is conveniently located near downtown Main Street, the Ringling Museum, and the Sarasota Bradenton Airport.

17. 2024-10-28
    historical
18. 2024-09-07
    price $235,000
19. 2024-09-01
    price $239,499
20. 2024-07-16
    listed $239,999 Active
21. 2024-06-20
    soldstatus $156,000
22. 2024-06-18
    soldstatus $156,000 Closed
23. 2024-05-12
    status Pending
24. 2024-05-01
    status Active
25. 2024-05-01
    price $210,000
26. 2024-04-30
    historical
27. 2024-04-20
    status Active
28. 2024-04-03
    status Pending
29. 2024-02-06
    price $225,000
30. 2023-12-26
    status Active
31. 2023-12-22
    status Pending
32. 2023-12-15
    status Active
33. 2023-11-30
    status Pending
34. 2023-10-30
    listed $236,000 Active
35. 2021-05-04
    listed $189,900 Active
36. 2020-09-11
    soldstatus $90,000
37. 2020-09-08
    soldstatus $90,000 Sold
38. 2020-06-29
    status Pending
39. 2020-06-22
    listed $89,900 Active

ⓘ 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: $2,171 · $181/mo
• Projected year-2 tax: $2,171 · $181/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 1/10 Low FEMA zone X (unshaded) · 0% 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: $24,779
• − Mortgage interest: −$14,284
• − Property taxes: −$2,171
• − Insurance: −$1,275
• − Repairs & maintenance: −$1,982
• − Management: −$1,982
• − Depreciation: −$7,418
• Taxable loss: −$4,334
• Est. tax savings @ 24.0%: +$1,040
• After-tax cash flow: $1,123/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 — Sarasota

• Score: 80/100
• State rank: #121
• US rank: #1854

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sarasota, FL
• County: Sarasota County · 448,376 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 22,986
• Household income: $57,288
• Rent vs Own: 40.5% rent · 59.5% own
• Severe rent burden: 1306.0

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: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: White 44% Black 31% Hispanic / Latino 20% Two or more races 14% Asian 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 1% Cuban 6% Dominican 1%
• Common ancestry: Lithuanian 4% Hispanic 2% Romanian 1%
• Foreign-born: 17% · Canada, Jamaica, China
• Languages at home: 81% English-only · Spanish 17% 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: ▼ -229.06%
• Current HPI: 305.6629
• Rent YoY: ▼ -3.15%
• 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

+183.6% since first listed

24 events — show timeline

• 2026-03-30 Listed $255,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-09-07 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-01 Price Changed $239,499 Stellar MLS as Distributed by MLS Grid
• 2024-07-16 Listed $239,999 Stellar MLS as Distributed by MLS Grid
• 2024-06-20 Sold (Public Records) $156,000 Public Records
• 2024-06-18 Sold (MLS) $156,000 Stellar MLS as Distributed by MLS Grid
• 2024-05-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-05-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-05-01 Price Changed $210,000 Stellar MLS as Distributed by MLS Grid
• 2024-04-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-04-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-04-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-02-06 Price Changed $225,000 Stellar MLS as Distributed by MLS Grid
• 2023-12-26 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-12-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-12-15 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-11-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-10-30 Listed $236,000 Stellar MLS as Distributed by MLS Grid
• 2021-05-04 Listed $189,900 Stellar MLS as Distributed by MLS Grid
• 2020-09-11 Sold (Public Records) $90,000 Public Records
• 2020-09-08 Sold (MLS) $90,000 Stellar MLS as Distributed by MLS Grid
• 2020-06-29 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-06-22 Listed $89,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+22.9%/yr

Latest (2025): $2,171 · +22.2% YoY. Source: county tax records.