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743 Summersea Ct 🌊 Lakefront
C- Composite 54.48
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 +19.2/30.0
  • ARV discount +7.5/15.0
  • DSCR +6.1/10.0
  • 1% rule +5.4/10.0
  • 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

$249,000

743 Summersea Ct · Englewood, FL 34223
2 bd · 2.0 ba · 1,466 sqft · Manufactured public records · 12 Days on market
Built 1984 8,076 sqft lot $226/mo HOA · 9% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Back on the market and better than ever! Live a resort lifestyle (for a fraction of the normal costs) in this LAKEFRONT RETREAT MOSTLY FUNRINSHED situated within the GATED 55+ community of Tangerine Woods. Perfectly placed between Venice and Englewood, it’s ideal for those seeking a perfect blend of tranquility and adventure. With easy access to a multitude of restaurants, shopping, and local activities, as well as being just moments away from the sandy beaches of the Gulf Coast, this location offers the ultimate coastal lifestyle. As you step through the front door, you'll be immediately impressed by the airy ambiance created by the vaulted ceilings, which enhance the spaciousness of the main living areas. The spacious kitchen is centrally located and overlooks the family room, which provides access to a 10 x 26 SUNROOM overlooking a scenic lake. As you move through the home, you'll appreciate the updates, especially in the owner's suite, which has been fully remodeled with chic aesthetics. This stylish suite includes a private shower with a toilet, a 12 x 5 walk-in closet, and a convenient door leading to the laundry/storage room. Enjoy stunning lake views from the suite's windows, adding to the overall charm and appeal of this beautifully remodeled space. The second bedroom boasts its own updated bathroom, designed in the same modern style. Plus, there's a room addition that provides additional space, enhancing the comfort and functionality of this inviting bedroom. Additional features include a NEW ROOF (July 2023), a screened-in patio attached to the large shaded carport, and a space-optimizing built-in desk situated in the hallway. Plus, it’s all in the FEMA FLOOD ZONE X. You’ll enjoy the many benefits of Tangerine Woods—check out their website at www. tangerinewoods.com. It’s a pet-friendly (2 any size) over-55 RESORT-STYLE GATED COMMUNITY where YOU OWN THE LAND and has low fees of $180 monthly (paid quarterly), which include basic Cable TV (soon to include internet), lawn mowing, common grounds maintenance, Manager, Security, plus Recreational Facilities. The community has a large clubhouse, heated swimming pool with a hot tub, exercise room, tennis and pickleball courts, shuffleboard, and a bocce court, plus a NATURE PRESERVE. A separate area on the grounds is available to all residents for the storage of RVs, boats, and trailers. It’s a positive place with lots of activities to keep you young, so make your appointment for a private showing today!" (PLEASE WATCH THE VIRTUAL TOUR FOR ADDITIONAL PICTURES)

Key facts

  • Clubhouse
  • Exercise room
  • Lake view

Tags

LAKE VIEWLARGE HEATED POOLCLUBHOUSEEXERCISE ROOMLIBRARYTENNIS COURTS

Property features AI

Finance

  • Financial info: Lease restrictions apply
  • HOA & community: Has HOA (association name: Angela Sasser) with buyer approval required; Quarterly condo/association fees (approx. $226 monthly / $678 quarterly; total annual fees $2,712); Association amenities include clubhouse, fitness center, pool, spa/hot tub, tennis, pickleball and shuffleboard courts, recreation facilities, sauna, storage, trails, gated community, security, and more; Association fee includes cable TV, pool, internet, grounds maintenance, management, private road, recreational facilities; Senior community; Full-time management; Pets allowed (cats and dogs; number and size limits apply; max pet weight 101 lbs); Deed restrictions and special community restrictions; golf carts OK; reclaimed water irrigation

Exterior

  • Parking: Carport (1 space)
  • Security: Gated community; Key card entry; Smoke detectors
  • Utilities: Public water; Public sewer; Cable connected; Electricity connected; Fire hydrant access; Sewer connected; Water connected
  • Home design: Manufactured home (double wide); One story; Crawlspace foundation; Southeast-facing; On waterfront with lake view (107 ft frontage)
  • Construction: Metal frame construction; Vinyl siding; Shingle roof; Built as a double wide manufactured home
  • Exterior features: Covered, enclosed porch; Porch; Hurricane shutters; Exterior lighting; Rain gutters; Sliding doors; Shed; Mature landscaping; Cul-de-sac lot; Private lot; Asphalt road

Interior

  • Kitchen: Built-in oven; Cooktop; Dishwasher; Disposal; Ice maker; Microwave; Refrigerator; Exhaust fan
  • Bedrooms: 2 bedrooms
  • Flooring: Carpet; Ceramic tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Exhaust fan; Central air conditioning; Humidity control
  • Interior features: Ceiling fans; Dry bar; Eat-in kitchen; High ceilings; Kitchen and family room combo; Living and dining room combo; Open floorplan; Solid wood cabinets; Thermostat; Vaulted ceiling; Walk-in closets; Window treatments; Skylights; Blinds; Shades; Thermal windows; Electric fireplace
  • Laundry & utility: Inside laundry with washer and dryer; Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $249k.

Deal economics

  • At list price, monthly cash flow is $271 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $249k).
  • Cap rate 7.6% 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.
  • 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 rising fast (+9.0%/yr); 717 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 41% 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 $2k of loan paydown is wiped out by about $7k 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 $70k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
  • 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.

Risks & watch-outs

  • Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; moderate 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 $249,000

Questions for the listing agent

  1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
  5. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
  6. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
  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
1.04%
Cap rate
7.60%
Cash-on-cash
4.66%
DSCR
1.21
GRM
8.0

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
-3.4%
Equity multiple
0.87×
Total profit
$-9,351
Equity at exit
$37,127
10-year hold
IRR
11.3%
Equity multiple
2.10×
Total profit
$76,581
Equity at exit
$21,529

Cash invested: $69,720 (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.

ZIP-level market 34223

Home prices YoY
-34.2%
Rents YoY
9.0%
Active inventory
717
Price-to-rent
8.0×

Monthly cashflow live

Estimated rent
$2,587 medium interval (Pro) →
Mortgage (P&I)
$1,306
Tax from tax record
$137 /mo · $1,643/yr
Insurance
$104
HOA
$226
Vacancy / Maint / Mgmt
$543
Net cashflow
$271

Break-even live

Break-even rent $2,244
Max offer price $249,000
Occupancy floor 85%

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
$62,250
Closing costs
$7,470
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

HOA detail

Monthly dues
$226 · $2,712/yr
Likely covers
internetcablelandscapingpoolsecurity

Listing history 20 events

  1. 2026-04-29
    status Pending
  2. 2026-04-17
    listed $249,000 Active
  3. 2025-05-19
    historical
  4. 2025-05-07
    price $229,900
  5. 2025-05-06
    price $299,900
  6. 2025-05-01
    price $245,900
  7. 2025-04-07
    listed $249,900 Active
  8. 2024-06-14
    soldstatus $227,500 Closed 2600-char remark
    Show marketing remark (2600 chars)

    Back on the market and better than ever! Live a resort lifestyle (for a fraction of the normal costs) in this LAKEFRONT RETREAT MOSTLY FUNRINSHED situated within the GATED 55+ community of Tangerine Woods. Perfectly placed between Venice and Englewood, it’s ideal for those seeking a perfect blend of tranquility and adventure. With easy access to a multitude of restaurants, shopping, and local activities, as well as being just moments away from the sandy beaches of the Gulf Coast, this location offers the ultimate coastal lifestyle. As you step through the front door, you'll be immediately impressed by the airy ambiance created by the vaulted ceilings, which enhance the spaciousness of the main living areas. The spacious kitchen is centrally located and overlooks the family room, which provides access to a 10 x 26 SUNROOM overlooking a scenic lake. As you move through the home, you'll appreciate the updates, especially in the owner's suite, which has been fully remodeled with chic aesthetics. This stylish suite includes a private shower with a toilet, a 12 x 5 walk-in closet, and a convenient door leading to the laundry/storage room. Enjoy stunning lake views from the suite's windows, adding to the overall charm and appeal of this beautifully remodeled space. The second bedroom boasts its own updated bathroom, designed in the same modern style. Plus, there's a room addition that provides additional space, enhancing the comfort and functionality of this inviting bedroom. Additional features include a NEW ROOF (July 2023), a screened-in patio attached to the large shaded carport, and a space-optimizing built-in desk situated in the hallway. Plus, it’s all in the FEMA FLOOD ZONE X. You’ll enjoy the many benefits of Tangerine Woods—check out their website at www. tangerinewoods.com. It’s a pet-friendly (2 any size) over-55 RESORT-STYLE GATED COMMUNITY where YOU OWN THE LAND and has low fees of $180 monthly (paid quarterly), which include basic Cable TV (soon to include internet), lawn mowing, common grounds maintenance, Manager, Security, plus Recreational Facilities. The community has a large clubhouse, heated swimming pool with a hot tub, exercise room, tennis and pickleball courts, shuffleboard, and a bocce court, plus a NATURE PRESERVE. A separate area on the grounds is available to all residents for the storage of RVs, boats, and trailers. It’s a positive place with lots of activities to keep you young, so make your appointment for a private showing today!" (PLEASE WATCH THE VIRTUAL TOUR FOR ADDITIONAL PICTURES)

  9. 2024-06-14
    soldstatus $227,500
    Show marketing remark (2600 chars)

    Back on the market and better than ever! Live a resort lifestyle (for a fraction of the normal costs) in this LAKEFRONT RETREAT MOSTLY FUNRINSHED situated within the GATED 55+ community of Tangerine Woods. Perfectly placed between Venice and Englewood, it’s ideal for those seeking a perfect blend of tranquility and adventure. With easy access to a multitude of restaurants, shopping, and local activities, as well as being just moments away from the sandy beaches of the Gulf Coast, this location offers the ultimate coastal lifestyle. As you step through the front door, you'll be immediately impressed by the airy ambiance created by the vaulted ceilings, which enhance the spaciousness of the main living areas. The spacious kitchen is centrally located and overlooks the family room, which provides access to a 10 x 26 SUNROOM overlooking a scenic lake. As you move through the home, you'll appreciate the updates, especially in the owner's suite, which has been fully remodeled with chic aesthetics. This stylish suite includes a private shower with a toilet, a 12 x 5 walk-in closet, and a convenient door leading to the laundry/storage room. Enjoy stunning lake views from the suite's windows, adding to the overall charm and appeal of this beautifully remodeled space. The second bedroom boasts its own updated bathroom, designed in the same modern style. Plus, there's a room addition that provides additional space, enhancing the comfort and functionality of this inviting bedroom. Additional features include a NEW ROOF (July 2023), a screened-in patio attached to the large shaded carport, and a space-optimizing built-in desk situated in the hallway. Plus, it’s all in the FEMA FLOOD ZONE X. You’ll enjoy the many benefits of Tangerine Woods—check out their website at www. tangerinewoods.com. It’s a pet-friendly (2 any size) over-55 RESORT-STYLE GATED COMMUNITY where YOU OWN THE LAND and has low fees of $180 monthly (paid quarterly), which include basic Cable TV (soon to include internet), lawn mowing, common grounds maintenance, Manager, Security, plus Recreational Facilities. The community has a large clubhouse, heated swimming pool with a hot tub, exercise room, tennis and pickleball courts, shuffleboard, and a bocce court, plus a NATURE PRESERVE. A separate area on the grounds is available to all residents for the storage of RVs, boats, and trailers. It’s a positive place with lots of activities to keep you young, so make your appointment for a private showing today!" (PLEASE WATCH THE VIRTUAL TOUR FOR ADDITIONAL PICTURES)

  10. 2024-05-23
    status Pending 2600-char remark
    Show marketing remark (2600 chars)

    Back on the market and better than ever! Live a resort lifestyle (for a fraction of the normal costs) in this LAKEFRONT RETREAT MOSTLY FUNRINSHED situated within the GATED 55+ community of Tangerine Woods. Perfectly placed between Venice and Englewood, it’s ideal for those seeking a perfect blend of tranquility and adventure. With easy access to a multitude of restaurants, shopping, and local activities, as well as being just moments away from the sandy beaches of the Gulf Coast, this location offers the ultimate coastal lifestyle. As you step through the front door, you'll be immediately impressed by the airy ambiance created by the vaulted ceilings, which enhance the spaciousness of the main living areas. The spacious kitchen is centrally located and overlooks the family room, which provides access to a 10 x 26 SUNROOM overlooking a scenic lake. As you move through the home, you'll appreciate the updates, especially in the owner's suite, which has been fully remodeled with chic aesthetics. This stylish suite includes a private shower with a toilet, a 12 x 5 walk-in closet, and a convenient door leading to the laundry/storage room. Enjoy stunning lake views from the suite's windows, adding to the overall charm and appeal of this beautifully remodeled space. The second bedroom boasts its own updated bathroom, designed in the same modern style. Plus, there's a room addition that provides additional space, enhancing the comfort and functionality of this inviting bedroom. Additional features include a NEW ROOF (July 2023), a screened-in patio attached to the large shaded carport, and a space-optimizing built-in desk situated in the hallway. Plus, it’s all in the FEMA FLOOD ZONE X. You’ll enjoy the many benefits of Tangerine Woods—check out their website at www. tangerinewoods.com. It’s a pet-friendly (2 any size) over-55 RESORT-STYLE GATED COMMUNITY where YOU OWN THE LAND and has low fees of $180 monthly (paid quarterly), which include basic Cable TV (soon to include internet), lawn mowing, common grounds maintenance, Manager, Security, plus Recreational Facilities. The community has a large clubhouse, heated swimming pool with a hot tub, exercise room, tennis and pickleball courts, shuffleboard, and a bocce court, plus a NATURE PRESERVE. A separate area on the grounds is available to all residents for the storage of RVs, boats, and trailers. It’s a positive place with lots of activities to keep you young, so make your appointment for a private showing today!" (PLEASE WATCH THE VIRTUAL TOUR FOR ADDITIONAL PICTURES)

  11. 2024-05-18
    status Active 2600-char remark
    Show marketing remark (2600 chars)

    Back on the market and better than ever! Live a resort lifestyle (for a fraction of the normal costs) in this LAKEFRONT RETREAT MOSTLY FUNRINSHED situated within the GATED 55+ community of Tangerine Woods. Perfectly placed between Venice and Englewood, it’s ideal for those seeking a perfect blend of tranquility and adventure. With easy access to a multitude of restaurants, shopping, and local activities, as well as being just moments away from the sandy beaches of the Gulf Coast, this location offers the ultimate coastal lifestyle. As you step through the front door, you'll be immediately impressed by the airy ambiance created by the vaulted ceilings, which enhance the spaciousness of the main living areas. The spacious kitchen is centrally located and overlooks the family room, which provides access to a 10 x 26 SUNROOM overlooking a scenic lake. As you move through the home, you'll appreciate the updates, especially in the owner's suite, which has been fully remodeled with chic aesthetics. This stylish suite includes a private shower with a toilet, a 12 x 5 walk-in closet, and a convenient door leading to the laundry/storage room. Enjoy stunning lake views from the suite's windows, adding to the overall charm and appeal of this beautifully remodeled space. The second bedroom boasts its own updated bathroom, designed in the same modern style. Plus, there's a room addition that provides additional space, enhancing the comfort and functionality of this inviting bedroom. Additional features include a NEW ROOF (July 2023), a screened-in patio attached to the large shaded carport, and a space-optimizing built-in desk situated in the hallway. Plus, it’s all in the FEMA FLOOD ZONE X. You’ll enjoy the many benefits of Tangerine Woods—check out their website at www. tangerinewoods.com. It’s a pet-friendly (2 any size) over-55 RESORT-STYLE GATED COMMUNITY where YOU OWN THE LAND and has low fees of $180 monthly (paid quarterly), which include basic Cable TV (soon to include internet), lawn mowing, common grounds maintenance, Manager, Security, plus Recreational Facilities. The community has a large clubhouse, heated swimming pool with a hot tub, exercise room, tennis and pickleball courts, shuffleboard, and a bocce court, plus a NATURE PRESERVE. A separate area on the grounds is available to all residents for the storage of RVs, boats, and trailers. It’s a positive place with lots of activities to keep you young, so make your appointment for a private showing today!" (PLEASE WATCH THE VIRTUAL TOUR FOR ADDITIONAL PICTURES)

  12. 2024-05-07
    status Pending 2600-char remark
    Show marketing remark (2600 chars)

    Back on the market and better than ever! Live a resort lifestyle (for a fraction of the normal costs) in this LAKEFRONT RETREAT MOSTLY FUNRINSHED situated within the GATED 55+ community of Tangerine Woods. Perfectly placed between Venice and Englewood, it’s ideal for those seeking a perfect blend of tranquility and adventure. With easy access to a multitude of restaurants, shopping, and local activities, as well as being just moments away from the sandy beaches of the Gulf Coast, this location offers the ultimate coastal lifestyle. As you step through the front door, you'll be immediately impressed by the airy ambiance created by the vaulted ceilings, which enhance the spaciousness of the main living areas. The spacious kitchen is centrally located and overlooks the family room, which provides access to a 10 x 26 SUNROOM overlooking a scenic lake. As you move through the home, you'll appreciate the updates, especially in the owner's suite, which has been fully remodeled with chic aesthetics. This stylish suite includes a private shower with a toilet, a 12 x 5 walk-in closet, and a convenient door leading to the laundry/storage room. Enjoy stunning lake views from the suite's windows, adding to the overall charm and appeal of this beautifully remodeled space. The second bedroom boasts its own updated bathroom, designed in the same modern style. Plus, there's a room addition that provides additional space, enhancing the comfort and functionality of this inviting bedroom. Additional features include a NEW ROOF (July 2023), a screened-in patio attached to the large shaded carport, and a space-optimizing built-in desk situated in the hallway. Plus, it’s all in the FEMA FLOOD ZONE X. You’ll enjoy the many benefits of Tangerine Woods—check out their website at www. tangerinewoods.com. It’s a pet-friendly (2 any size) over-55 RESORT-STYLE GATED COMMUNITY where YOU OWN THE LAND and has low fees of $180 monthly (paid quarterly), which include basic Cable TV (soon to include internet), lawn mowing, common grounds maintenance, Manager, Security, plus Recreational Facilities. The community has a large clubhouse, heated swimming pool with a hot tub, exercise room, tennis and pickleball courts, shuffleboard, and a bocce court, plus a NATURE PRESERVE. A separate area on the grounds is available to all residents for the storage of RVs, boats, and trailers. It’s a positive place with lots of activities to keep you young, so make your appointment for a private showing today!" (PLEASE WATCH THE VIRTUAL TOUR FOR ADDITIONAL PICTURES)

  13. 2024-04-29
    price $235,000 2600-char remark
    Show marketing remark (2600 chars)

    Back on the market and better than ever! Live a resort lifestyle (for a fraction of the normal costs) in this LAKEFRONT RETREAT MOSTLY FUNRINSHED situated within the GATED 55+ community of Tangerine Woods. Perfectly placed between Venice and Englewood, it’s ideal for those seeking a perfect blend of tranquility and adventure. With easy access to a multitude of restaurants, shopping, and local activities, as well as being just moments away from the sandy beaches of the Gulf Coast, this location offers the ultimate coastal lifestyle. As you step through the front door, you'll be immediately impressed by the airy ambiance created by the vaulted ceilings, which enhance the spaciousness of the main living areas. The spacious kitchen is centrally located and overlooks the family room, which provides access to a 10 x 26 SUNROOM overlooking a scenic lake. As you move through the home, you'll appreciate the updates, especially in the owner's suite, which has been fully remodeled with chic aesthetics. This stylish suite includes a private shower with a toilet, a 12 x 5 walk-in closet, and a convenient door leading to the laundry/storage room. Enjoy stunning lake views from the suite's windows, adding to the overall charm and appeal of this beautifully remodeled space. The second bedroom boasts its own updated bathroom, designed in the same modern style. Plus, there's a room addition that provides additional space, enhancing the comfort and functionality of this inviting bedroom. Additional features include a NEW ROOF (July 2023), a screened-in patio attached to the large shaded carport, and a space-optimizing built-in desk situated in the hallway. Plus, it’s all in the FEMA FLOOD ZONE X. You’ll enjoy the many benefits of Tangerine Woods—check out their website at www. tangerinewoods.com. It’s a pet-friendly (2 any size) over-55 RESORT-STYLE GATED COMMUNITY where YOU OWN THE LAND and has low fees of $180 monthly (paid quarterly), which include basic Cable TV (soon to include internet), lawn mowing, common grounds maintenance, Manager, Security, plus Recreational Facilities. The community has a large clubhouse, heated swimming pool with a hot tub, exercise room, tennis and pickleball courts, shuffleboard, and a bocce court, plus a NATURE PRESERVE. A separate area on the grounds is available to all residents for the storage of RVs, boats, and trailers. It’s a positive place with lots of activities to keep you young, so make your appointment for a private showing today!" (PLEASE WATCH THE VIRTUAL TOUR FOR ADDITIONAL PICTURES)

  14. 2024-04-18
    listed $240,000 Active 2600-char remark
    Show marketing remark (2600 chars)

    Back on the market and better than ever! Live a resort lifestyle (for a fraction of the normal costs) in this LAKEFRONT RETREAT MOSTLY FUNRINSHED situated within the GATED 55+ community of Tangerine Woods. Perfectly placed between Venice and Englewood, it’s ideal for those seeking a perfect blend of tranquility and adventure. With easy access to a multitude of restaurants, shopping, and local activities, as well as being just moments away from the sandy beaches of the Gulf Coast, this location offers the ultimate coastal lifestyle. As you step through the front door, you'll be immediately impressed by the airy ambiance created by the vaulted ceilings, which enhance the spaciousness of the main living areas. The spacious kitchen is centrally located and overlooks the family room, which provides access to a 10 x 26 SUNROOM overlooking a scenic lake. As you move through the home, you'll appreciate the updates, especially in the owner's suite, which has been fully remodeled with chic aesthetics. This stylish suite includes a private shower with a toilet, a 12 x 5 walk-in closet, and a convenient door leading to the laundry/storage room. Enjoy stunning lake views from the suite's windows, adding to the overall charm and appeal of this beautifully remodeled space. The second bedroom boasts its own updated bathroom, designed in the same modern style. Plus, there's a room addition that provides additional space, enhancing the comfort and functionality of this inviting bedroom. Additional features include a NEW ROOF (July 2023), a screened-in patio attached to the large shaded carport, and a space-optimizing built-in desk situated in the hallway. Plus, it’s all in the FEMA FLOOD ZONE X. You’ll enjoy the many benefits of Tangerine Woods—check out their website at www. tangerinewoods.com. It’s a pet-friendly (2 any size) over-55 RESORT-STYLE GATED COMMUNITY where YOU OWN THE LAND and has low fees of $180 monthly (paid quarterly), which include basic Cable TV (soon to include internet), lawn mowing, common grounds maintenance, Manager, Security, plus Recreational Facilities. The community has a large clubhouse, heated swimming pool with a hot tub, exercise room, tennis and pickleball courts, shuffleboard, and a bocce court, plus a NATURE PRESERVE. A separate area on the grounds is available to all residents for the storage of RVs, boats, and trailers. It’s a positive place with lots of activities to keep you young, so make your appointment for a private showing today!" (PLEASE WATCH THE VIRTUAL TOUR FOR ADDITIONAL PICTURES)

  15. 2023-07-17
    soldstatus $100,000
  16. 2017-01-20
    soldstatus $152,500
  17. 2017-01-19
    soldstatus $152,500 Sold
  18. 2016-12-12
    status Pending
  19. 2016-11-05
    listed $159,900 Active
  20. 1998-11-04
    soldstatus $86,000

ⓘ 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
$1,643 · $137/mo
Projected year-2 tax
$2,067 · $172/mo
Expected delta
+$424/yr (+$35/mo · 25.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 5/10 Major FEMA zone X (shaded) · 24% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 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 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$31,039
− Mortgage interest
−$13,948
− Property taxes
−$1,643
− Insurance
−$1,245
− Repairs & maintenance
−$2,483
− Management
−$2,483
− HOA
−$2,712
− Depreciation
−$7,244
Taxable loss
−$719
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$172
After-tax cash flow
$3,424/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

Price history

+189.5% since first listed
20 events — show timeline
  • 2026-04-29 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-04-17 Listed $249,000 Stellar MLS as Distributed by MLS Grid
  • 2025-05-19 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2025-05-07 Price Changed $229,900 Stellar MLS as Distributed by MLS Grid
  • 2025-05-06 Price Changed $299,900 Stellar MLS as Distributed by MLS Grid
  • 2025-05-01 Price Changed $245,900 Stellar MLS as Distributed by MLS Grid
  • 2025-04-07 Listed $249,900 Stellar MLS as Distributed by MLS Grid
  • 2024-06-14 Sold (Public Records) $227,500 Public Records
  • 2024-06-14 Sold (MLS) $227,500 Stellar MLS as Distributed by MLS Grid
  • 2024-05-23 Pending Stellar MLS as Distributed by MLS Grid
  • 2024-05-18 Relisted Stellar MLS as Distributed by MLS Grid
  • 2024-05-07 Pending Stellar MLS as Distributed by MLS Grid
  • 2024-04-29 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
  • 2024-04-18 Listed $240,000 Stellar MLS as Distributed by MLS Grid
  • 2023-07-17 Sold (Public Records) $100,000 Public Records
  • 2017-01-20 Sold (Public Records) $152,500 Public Records
  • 2017-01-19 Sold (MLS) $152,500 Stellar MLS as Distributed by MLS Grid
  • 2016-12-12 Pending Stellar MLS as Distributed by MLS Grid
  • 2016-11-05 Listed $159,900 Stellar MLS as Distributed by MLS Grid
  • 1998-11-04 Sold (Public Records) $86,000 Public Records

Property tax history

+1.0%/yr

Latest (2025): $1,643 · -38.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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