5141 Oakland Hills Ave · Sarasota, FL 34234

$158,999

1 bd · 1.0 ba · 612 sqft · Manufactured public records · 383 Days on market

Built 1960 3,250 sqft lot

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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 +18.2/30.0
• ARV discount +7.5/15.0
• DSCR +5.7/10.0
• Schools +5.4/10.0
• 1% rule +5.1/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.7/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

SELLER FINANCING AVAILABLE / LEASE OPTIONS AVAILABLE $2000 MO / Feast your eyes on this treasure! A completely remodeled 1-bedroom, 1-bathroom mobile home nestled in a lively 55+ community. Even better you own the land, not lot rent here. This beauty's had a head-to-toe makeover with all the modern flair you’ve been dreaming of. Picture yourself soaking up the breeze on a spacious screened-in patio. Whether it’s your cozy nest or your beach escape, this place is calling your name. Forget about monthly HOA fees because they’re wrapped up in your property tax. This community comes stocked with lots of great amenities from a community pool, bot tub, shuffleboard, and pickleball courts. Make sure to check out the clubhouse that offers a calendar of activities. Cable and trash service included. Location is everything! You’re just a hop, skip, and a jump from the Sarasota/Bradenton International Airport, with shopping, dining, hospitals, parks, and speedy access to I-75 right at your fingertips. Plus, you’re nearby the stunning beaches, and the lively downtown Sarasota and St. Armands Circle. Experience the peace and community vibes here—it’s a spot you’ll love to call home!

Key facts

• Hot tub
• Pickleball courts
• Community pool

Tags

• REMODELED MOBILE HOME
• SCREENED-IN PATIO
• COMMUNITY POOL
• HOT TUB
• SHUFFLEBOARD
• PICKLEBALL COURTS

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $159k.

Deal economics

• At list price, monthly cash flow is $142 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $159k).
• Recommended offer: $140k (12.0% below list) — sets the bar for market timing.

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; 1 comparable units currently listed for rent nearby; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 34% 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 $1k of loan paydown is wiped out by about $5k 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 383 days — a 12% lower offer ($140k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 21y ago; this cycle's ask is 6260% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $50k; list at $159k implies a 218% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: 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 $139,919 (12.0% below list)

Questions for the listing agent

1. It's been on market 383 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — 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. 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.
8. 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.
9. 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: 1.01% ✓
• Cap rate: 7.36%
• Cash-on-cash: 3.82%
• DSCR: 1.17
• GRM: 8.2

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: -13.8%
• Equity multiple: 0.52×
• Total profit: $-21,415
• Equity at exit: $23,707

10-year hold

• IRR: -10.8%
• Equity multiple: 0.44×
• Total profit: $-25,089
• Equity at exit: $13,747

Cash invested: $44,520 (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: 8.2×

Monthly cashflow live

• Estimated rent: $1,611 medium
• Mortgage (P&I): −$834
• Tax from tax record: −$231 /mo · $2,768/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$338
• Net cashflow: $142

Break-even live

Break-even rent $1,431

Max offer price $158,999

Occupancy floor 86%

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: $39,750
• Closing costs: $4,770
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2351 University Pkwy Sarasota, FL	1.0–3.0	1.0–2.0	1046	$1,839	$1.76	1d	24	1.27mi

Listing history 29 events

1. 2026-06-18
   days on market $158,999 Active 383 DOM
2. 2026-06-17
   pricedays on market $158,999 Active 382 DOM
3. 2026-06-15
   days on market $168,000 Active 380 DOM
4. 2026-06-13
   days on market $168,000 Active 378 DOM
5. 2026-06-13
   days on market $168,000 Active 377 DOM
6. 2026-06-10
   days on market $168,000 Active 375 DOM
7. 2026-06-09
   days on market $168,000 Active 374 DOM
8. 2026-06-08
   days on market $168,000 Active 372 DOM
9. 2026-06-05
   days on market $168,000 Active 369 DOM
10. 2026-06-03
    days on market $168,000 Active 368 DOM
11. 2026-06-02
    days on market $168,000 Active 367 DOM
12. 2026-06-01
    days on market $168,000 Active 366 DOM
13. 2026-05-31
    days on market $168,000 Active 365 DOM
14. 2026-05-20
    historical $2,500
15. 2026-04-11
    listed $2,500
16. 2026-02-12
    price $168,000 1236-char remark

    Show marketing remark (1236 chars)

    SELLER FINANCING AVAILABLE / LEASE OPTIONS AVAILABLE $2000 MO / Feast your eyes on this treasure! A completely remodeled 1-bedroom, 1-bathroom mobile home nestled in a lively 55+ community. Even better you own the land, not lot rent here. This beauty's had a head-to-toe makeover with all the modern flair you’ve been dreaming of. Picture yourself soaking up the breeze on a spacious screened-in patio. Whether it’s your cozy nest or your beach escape, this place is calling your name. Forget about monthly HOA fees because they’re wrapped up in your property tax. This community comes stocked with lots of great amenities from a community pool, bot tub, shuffleboard, and pickleball courts. Make sure to check out the clubhouse that offers a calendar of activities. Cable and trash service included. Location is everything! You’re just a hop, skip, and a jump from the Sarasota/Bradenton International Airport, with shopping, dining, hospitals, parks, and speedy access to I-75 right at your fingertips. Plus, you’re nearby the stunning beaches, and the lively downtown Sarasota and St. Armands Circle. Experience the peace and community vibes here—it’s a spot you’ll love to call home!

17. 2025-11-19
    price $178,000 1236-char remark

    Show marketing remark (1236 chars)

    SELLER FINANCING AVAILABLE / LEASE OPTIONS AVAILABLE $2000 MO / Feast your eyes on this treasure! A completely remodeled 1-bedroom, 1-bathroom mobile home nestled in a lively 55+ community. Even better you own the land, not lot rent here. This beauty's had a head-to-toe makeover with all the modern flair you’ve been dreaming of. Picture yourself soaking up the breeze on a spacious screened-in patio. Whether it’s your cozy nest or your beach escape, this place is calling your name. Forget about monthly HOA fees because they’re wrapped up in your property tax. This community comes stocked with lots of great amenities from a community pool, bot tub, shuffleboard, and pickleball courts. Make sure to check out the clubhouse that offers a calendar of activities. Cable and trash service included. Location is everything! You’re just a hop, skip, and a jump from the Sarasota/Bradenton International Airport, with shopping, dining, hospitals, parks, and speedy access to I-75 right at your fingertips. Plus, you’re nearby the stunning beaches, and the lively downtown Sarasota and St. Armands Circle. Experience the peace and community vibes here—it’s a spot you’ll love to call home!

18. 2025-10-01
    status Active 1236-char remark

    Show marketing remark (1236 chars)

    SELLER FINANCING AVAILABLE / LEASE OPTIONS AVAILABLE $2000 MO / Feast your eyes on this treasure! A completely remodeled 1-bedroom, 1-bathroom mobile home nestled in a lively 55+ community. Even better you own the land, not lot rent here. This beauty's had a head-to-toe makeover with all the modern flair you’ve been dreaming of. Picture yourself soaking up the breeze on a spacious screened-in patio. Whether it’s your cozy nest or your beach escape, this place is calling your name. Forget about monthly HOA fees because they’re wrapped up in your property tax. This community comes stocked with lots of great amenities from a community pool, bot tub, shuffleboard, and pickleball courts. Make sure to check out the clubhouse that offers a calendar of activities. Cable and trash service included. Location is everything! You’re just a hop, skip, and a jump from the Sarasota/Bradenton International Airport, with shopping, dining, hospitals, parks, and speedy access to I-75 right at your fingertips. Plus, you’re nearby the stunning beaches, and the lively downtown Sarasota and St. Armands Circle. Experience the peace and community vibes here—it’s a spot you’ll love to call home!

19. 2025-09-30
    historical 1236-char remark

    Show marketing remark (1236 chars)

    SELLER FINANCING AVAILABLE / LEASE OPTIONS AVAILABLE $2000 MO / Feast your eyes on this treasure! A completely remodeled 1-bedroom, 1-bathroom mobile home nestled in a lively 55+ community. Even better you own the land, not lot rent here. This beauty's had a head-to-toe makeover with all the modern flair you’ve been dreaming of. Picture yourself soaking up the breeze on a spacious screened-in patio. Whether it’s your cozy nest or your beach escape, this place is calling your name. Forget about monthly HOA fees because they’re wrapped up in your property tax. This community comes stocked with lots of great amenities from a community pool, bot tub, shuffleboard, and pickleball courts. Make sure to check out the clubhouse that offers a calendar of activities. Cable and trash service included. Location is everything! You’re just a hop, skip, and a jump from the Sarasota/Bradenton International Airport, with shopping, dining, hospitals, parks, and speedy access to I-75 right at your fingertips. Plus, you’re nearby the stunning beaches, and the lively downtown Sarasota and St. Armands Circle. Experience the peace and community vibes here—it’s a spot you’ll love to call home!

20. 2025-08-11
    price $196,000 1236-char remark

    Show marketing remark (1236 chars)

    SELLER FINANCING AVAILABLE / LEASE OPTIONS AVAILABLE $2000 MO / Feast your eyes on this treasure! A completely remodeled 1-bedroom, 1-bathroom mobile home nestled in a lively 55+ community. Even better you own the land, not lot rent here. This beauty's had a head-to-toe makeover with all the modern flair you’ve been dreaming of. Picture yourself soaking up the breeze on a spacious screened-in patio. Whether it’s your cozy nest or your beach escape, this place is calling your name. Forget about monthly HOA fees because they’re wrapped up in your property tax. This community comes stocked with lots of great amenities from a community pool, bot tub, shuffleboard, and pickleball courts. Make sure to check out the clubhouse that offers a calendar of activities. Cable and trash service included. Location is everything! You’re just a hop, skip, and a jump from the Sarasota/Bradenton International Airport, with shopping, dining, hospitals, parks, and speedy access to I-75 right at your fingertips. Plus, you’re nearby the stunning beaches, and the lively downtown Sarasota and St. Armands Circle. Experience the peace and community vibes here—it’s a spot you’ll love to call home!

21. 2025-05-30
    listed $198,000 Active 1236-char remark

    Show marketing remark (1236 chars)

    SELLER FINANCING AVAILABLE / LEASE OPTIONS AVAILABLE $2000 MO / Feast your eyes on this treasure! A completely remodeled 1-bedroom, 1-bathroom mobile home nestled in a lively 55+ community. Even better you own the land, not lot rent here. This beauty's had a head-to-toe makeover with all the modern flair you’ve been dreaming of. Picture yourself soaking up the breeze on a spacious screened-in patio. Whether it’s your cozy nest or your beach escape, this place is calling your name. Forget about monthly HOA fees because they’re wrapped up in your property tax. This community comes stocked with lots of great amenities from a community pool, bot tub, shuffleboard, and pickleball courts. Make sure to check out the clubhouse that offers a calendar of activities. Cable and trash service included. Location is everything! You’re just a hop, skip, and a jump from the Sarasota/Bradenton International Airport, with shopping, dining, hospitals, parks, and speedy access to I-75 right at your fingertips. Plus, you’re nearby the stunning beaches, and the lively downtown Sarasota and St. Armands Circle. Experience the peace and community vibes here—it’s a spot you’ll love to call home!

22. 2023-04-10
    soldstatus $50,000
23. 2023-04-07
    soldstatus $50,000 Closed 398-char remark

    Show marketing remark (398 chars)

    Mobile home in TriPar Estates being sold As-Is. Roof replaced and deck built within the last 2-3 years. Interior will need full tear out renovation if buyer decides to keep. Great opportunity to purchase for the lot and replace mobile unit with new manufactured home. TriPar is a quiet, safe, 55+ community just a minutes drive from the airport. Community application and background check required.

24. 2023-03-02
    status Pending 398-char remark

    Show marketing remark (398 chars)

    Mobile home in TriPar Estates being sold As-Is. Roof replaced and deck built within the last 2-3 years. Interior will need full tear out renovation if buyer decides to keep. Great opportunity to purchase for the lot and replace mobile unit with new manufactured home. TriPar is a quiet, safe, 55+ community just a minutes drive from the airport. Community application and background check required.

25. 2023-03-01
    listed $50,000 Active 398-char remark

    Show marketing remark (398 chars)

    Mobile home in TriPar Estates being sold As-Is. Roof replaced and deck built within the last 2-3 years. Interior will need full tear out renovation if buyer decides to keep. Great opportunity to purchase for the lot and replace mobile unit with new manufactured home. TriPar is a quiet, safe, 55+ community just a minutes drive from the airport. Community application and background check required.

26. 2007-03-14
    soldstatus $39,000
27. 2005-06-20
    listed $49,900
28. 1998-01-07
    soldstatus $25,000
29. 1980-08-01
    soldstatus $24,900

ⓘ 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: $2,768 · $231/mo
• Projected year-2 tax: $2,768 · $231/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 ≥106°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: $19,328
• − Mortgage interest: −$8,906
• − Property taxes: −$2,768
• − Insurance: −$795
• − Repairs & maintenance: −$1,546
• − Management: −$1,546
• − Depreciation: −$4,625
• Taxable loss: −$859
• Est. tax savings @ 24.0%: +$206
• After-tax cash flow: $1,907/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

• County: Sarasota County · 448,376 people
• City population: 261,896
• 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

-90.0% since first listed

16 events — show timeline

• 2026-05-20 Rental Removed $2,500 STELLARMLS
• 2026-04-11 Listed for Rent $2,500 STELLARMLS
• 2026-02-12 Price Changed $168,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-19 Price Changed $178,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-09-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-08-11 Price Changed $196,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-30 Listed $198,000 Stellar MLS as Distributed by MLS Grid
• 2023-04-10 Sold (Public Records) $50,000 Public Records
• 2023-04-07 Sold (MLS) $50,000 Stellar MLS as Distributed by MLS Grid
• 2023-03-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-03-01 Listed $50,000 Stellar MLS as Distributed by MLS Grid
• 2007-03-14 Sold (MLS) $39,000 Stellar MLS as Distributed by MLS Grid
• 2005-06-20 Listed $49,900 Stellar MLS as Distributed by MLS Grid
• 1998-01-07 Sold (Public Records) $25,000 Public Records
• 1980-08-01 Sold (Public Records) $24,900 Public Records

Property tax history

+5.0%/yr

Latest (2025): $2,768 · +5.8% YoY. Source: county tax records.