1120 Graham Rd · South Venice, FL 34293

$335,000

2 bd · 2.0 ba · 1,584 sqft · SingleFamily public records · 131 Days on market

Built 1979 10,000 sqft lot ↓ 6% 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 +9.4/30.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• Livability +3.4/5.0
• Rent growth +2.7/5.0
• DSCR +2.6/10.0
• Condition / age +2.5/5.0
• 1% rule +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

South Venice 3-bedroom, 2-bath block home with new roof, new electric panel, oversized garage, fenced yard, no HOA, no CDD, and no flood insurance required. This solid block home gives buyers a great head start with several big-ticket improvements already completed, while still leaving room to update and personalize the interior over time. Important improvements include a new roof in 2025, new electric panel in 2026, new well pump in 2025, HVAC in 2017, ductwork in 2008, and septic system in 2011. Inside, the home features generous living areas, a semi-open flow between the living room, dining area, and kitchen, 3 bedrooms, and 2 bathrooms. The oversized 2-car garage provides excellent space for vehicles, storage, tools, beach gear, hobbies, or a workshop setup. Outside, the fully fenced backyard creates space for pets, gardening, grilling, play, or simply relaxing in privacy. Private well and septic mean no monthly water or sewer bill, adding to the practical ownership benefits buyers appreciate in South Venice. Optional membership in the South Venice Civic Association, available for a small annual fee, includes access to the South Venice Beach Ferry, which takes members to the private Gulf beach owned by the Association, along with access to the community boat ramp. You’ll also enjoy proximity to Shamrock Park, the Venetian Waterway Trail, area beaches, shopping, dining, medical services, and historic downtown Venice. Reasonable sellers are including a home warranty and welcome your written offer. Schedule your showing today!

Key facts

• New well pump
• New hvac
• New ductwork

Tags

• FULLY FENCED BACKYARD
• SOLID BLOCK CONSTRUCTION
• NEW ROOF
• NEW WELL PUMP
• NEW HVAC
• NEW DUCTWORK

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $335k.

Deal economics

• At list price, monthly cash flow is $-238 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $293k (12.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $224k (33.0% below list).
• Recommended offer: $224k (33.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 67/100 on livability (#549 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A-, cost of living A-; Watch: amenities F, commute F, health & safety 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: Venice Elementary School (math 80% / reading 77%, grade A, #141 of 2,144 statewide, top 7%, 608 students, 43% FRL); Venice Middle School (math 71% / reading 58%, grade A-, #100 of 571 statewide, top 18%, 761 students, 37% FRL); Venice Senior High School (math 67% / reading 61%, grade B-, #86 of 667 statewide, top 13%, 2,584 students, 31% FRL).
• Market conditions: Rents flat; 1259 active listings in the ZIP; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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 131 days — a 12% lower offer ($295k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $20k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $224,440 (33.0% 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 131 days. Have you received any prior offers? Is the seller open to a 33% concession, seller financing, or rate buy-down credit?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 0.67% ✗
• Cap rate: 5.44%
• Cash-on-cash: -3.04%
• DSCR: 0.86
• GRM: 12.4

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: -23.7%
• Equity multiple: 0.20×
• Total profit: $-74,643
• Equity at exit: $49,950

10-year hold

• IRR: -25.2%
• Equity multiple: -0.12×
• Total profit: $-104,995
• Equity at exit: $28,965

Cash invested: $93,800 (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: 1259
• Price-to-rent: 12.4×

Monthly cashflow live

• Estimated rent: $2,244 medium
• Mortgage (P&I): −$1,757
• Tax from tax record: −$114 /mo · $1,371/yr
• Insurance: −$140
• HOA: −$0
• Vacancy / Maint / Mgmt: −$471
• Net cashflow: $-238

Break-even live

Break-even rent $2,545

Max offer price $293,043

Occupancy floor —

Sensitivity live

Price	-10% $-48	-5% $-143	+0% $-238	+5% $-332	+10% $-427
Rent	-10% $-415	-5% $-326	+0% $-238	+5% $-149	+10% $-60
Rate	-1.0pp $-69	-0.5pp $-152	base $-238	+0.5pp $-324	+1.0pp $-413

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: $83,750
• Closing costs: $10,050
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-15
   status $335,000 Pending 131 DOM
2. 2026-06-15
   days on market $335,000 Active 131 DOM
3. 2026-06-13
   days on market $335,000 Active 129 DOM
4. 2026-06-13
   days on market $335,000 Active 128 DOM
5. 2026-06-10
   days on market $335,000 Active 126 DOM
6. 2026-06-09
   days on market $335,000 Active 125 DOM
7. 2026-06-08
   days on market $335,000 Active 124 DOM
8. 2026-06-08
   days on market $335,000 Active 123 DOM
9. 2026-06-05
   days on market $335,000 Active 120 DOM
10. 2026-06-03
    days on market $335,000 Active 119 DOM
11. 2026-06-02
    days on market $335,000 Active 118 DOM
12. 2026-06-01
    days on market $335,000 Active 117 DOM
13. 2026-05-31
    days on market $335,000 Active 116 DOM
14. 2026-05-09
    status Active 1559-char remark

    Show marketing remark (1559 chars)

    South Venice 3-bedroom, 2-bath block home with new roof, new electric panel, oversized garage, fenced yard, no HOA, no CDD, and no flood insurance required. This solid block home gives buyers a great head start with several big-ticket improvements already completed, while still leaving room to update and personalize the interior over time. Important improvements include a new roof in 2025, new electric panel in 2026, new well pump in 2025, HVAC in 2017, ductwork in 2008, and septic system in 2011. Inside, the home features generous living areas, a semi-open flow between the living room, dining area, and kitchen, 3 bedrooms, and 2 bathrooms. The oversized 2-car garage provides excellent space for vehicles, storage, tools, beach gear, hobbies, or a workshop setup. Outside, the fully fenced backyard creates space for pets, gardening, grilling, play, or simply relaxing in privacy. Private well and septic mean no monthly water or sewer bill, adding to the practical ownership benefits buyers appreciate in South Venice. Optional membership in the South Venice Civic Association, available for a small annual fee, includes access to the South Venice Beach Ferry, which takes members to the private Gulf beach owned by the Association, along with access to the community boat ramp. You’ll also enjoy proximity to Shamrock Park, the Venetian Waterway Trail, area beaches, shopping, dining, medical services, and historic downtown Venice. Reasonable sellers are including a home warranty and welcome your written offer. Schedule your showing today!

15. 2026-03-26
    status Pending 1559-char remark

    Show marketing remark (1559 chars)

    South Venice 3-bedroom, 2-bath block home with new roof, new electric panel, oversized garage, fenced yard, no HOA, no CDD, and no flood insurance required. This solid block home gives buyers a great head start with several big-ticket improvements already completed, while still leaving room to update and personalize the interior over time. Important improvements include a new roof in 2025, new electric panel in 2026, new well pump in 2025, HVAC in 2017, ductwork in 2008, and septic system in 2011. Inside, the home features generous living areas, a semi-open flow between the living room, dining area, and kitchen, 3 bedrooms, and 2 bathrooms. The oversized 2-car garage provides excellent space for vehicles, storage, tools, beach gear, hobbies, or a workshop setup. Outside, the fully fenced backyard creates space for pets, gardening, grilling, play, or simply relaxing in privacy. Private well and septic mean no monthly water or sewer bill, adding to the practical ownership benefits buyers appreciate in South Venice. Optional membership in the South Venice Civic Association, available for a small annual fee, includes access to the South Venice Beach Ferry, which takes members to the private Gulf beach owned by the Association, along with access to the community boat ramp. You’ll also enjoy proximity to Shamrock Park, the Venetian Waterway Trail, area beaches, shopping, dining, medical services, and historic downtown Venice. Reasonable sellers are including a home warranty and welcome your written offer. Schedule your showing today!

16. 2026-03-05
    price $335,000 1559-char remark

    Show marketing remark (1559 chars)

    South Venice 3-bedroom, 2-bath block home with new roof, new electric panel, oversized garage, fenced yard, no HOA, no CDD, and no flood insurance required. This solid block home gives buyers a great head start with several big-ticket improvements already completed, while still leaving room to update and personalize the interior over time. Important improvements include a new roof in 2025, new electric panel in 2026, new well pump in 2025, HVAC in 2017, ductwork in 2008, and septic system in 2011. Inside, the home features generous living areas, a semi-open flow between the living room, dining area, and kitchen, 3 bedrooms, and 2 bathrooms. The oversized 2-car garage provides excellent space for vehicles, storage, tools, beach gear, hobbies, or a workshop setup. Outside, the fully fenced backyard creates space for pets, gardening, grilling, play, or simply relaxing in privacy. Private well and septic mean no monthly water or sewer bill, adding to the practical ownership benefits buyers appreciate in South Venice. Optional membership in the South Venice Civic Association, available for a small annual fee, includes access to the South Venice Beach Ferry, which takes members to the private Gulf beach owned by the Association, along with access to the community boat ramp. You’ll also enjoy proximity to Shamrock Park, the Venetian Waterway Trail, area beaches, shopping, dining, medical services, and historic downtown Venice. Reasonable sellers are including a home warranty and welcome your written offer. Schedule your showing today!

17. 2026-02-13
    price $345,000 1559-char remark

    Show marketing remark (1559 chars)

    South Venice 3-bedroom, 2-bath block home with new roof, new electric panel, oversized garage, fenced yard, no HOA, no CDD, and no flood insurance required. This solid block home gives buyers a great head start with several big-ticket improvements already completed, while still leaving room to update and personalize the interior over time. Important improvements include a new roof in 2025, new electric panel in 2026, new well pump in 2025, HVAC in 2017, ductwork in 2008, and septic system in 2011. Inside, the home features generous living areas, a semi-open flow between the living room, dining area, and kitchen, 3 bedrooms, and 2 bathrooms. The oversized 2-car garage provides excellent space for vehicles, storage, tools, beach gear, hobbies, or a workshop setup. Outside, the fully fenced backyard creates space for pets, gardening, grilling, play, or simply relaxing in privacy. Private well and septic mean no monthly water or sewer bill, adding to the practical ownership benefits buyers appreciate in South Venice. Optional membership in the South Venice Civic Association, available for a small annual fee, includes access to the South Venice Beach Ferry, which takes members to the private Gulf beach owned by the Association, along with access to the community boat ramp. You’ll also enjoy proximity to Shamrock Park, the Venetian Waterway Trail, area beaches, shopping, dining, medical services, and historic downtown Venice. Reasonable sellers are including a home warranty and welcome your written offer. Schedule your showing today!

18. 2025-12-23
    listed $355,000 Active 1559-char remark

    Show marketing remark (1559 chars)

    South Venice 3-bedroom, 2-bath block home with new roof, new electric panel, oversized garage, fenced yard, no HOA, no CDD, and no flood insurance required. This solid block home gives buyers a great head start with several big-ticket improvements already completed, while still leaving room to update and personalize the interior over time. Important improvements include a new roof in 2025, new electric panel in 2026, new well pump in 2025, HVAC in 2017, ductwork in 2008, and septic system in 2011. Inside, the home features generous living areas, a semi-open flow between the living room, dining area, and kitchen, 3 bedrooms, and 2 bathrooms. The oversized 2-car garage provides excellent space for vehicles, storage, tools, beach gear, hobbies, or a workshop setup. Outside, the fully fenced backyard creates space for pets, gardening, grilling, play, or simply relaxing in privacy. Private well and septic mean no monthly water or sewer bill, adding to the practical ownership benefits buyers appreciate in South Venice. Optional membership in the South Venice Civic Association, available for a small annual fee, includes access to the South Venice Beach Ferry, which takes members to the private Gulf beach owned by the Association, along with access to the community boat ramp. You’ll also enjoy proximity to Shamrock Park, the Venetian Waterway Trail, area beaches, shopping, dining, medical services, and historic downtown Venice. Reasonable sellers are including a home warranty and welcome your written offer. Schedule your showing today!

ⓘ 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: $1,371 · $114/mo
• Projected year-2 tax: $2,780 · $232/mo
• Expected delta: +$1,410/yr (+$117/mo · 102.8%)

ⓘ 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 · 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: $26,933
• − Mortgage interest: −$18,765
• − Property taxes: −$1,371
• − Insurance: −$1,675
• − Repairs & maintenance: −$2,155
• − Management: −$2,155
• − Depreciation: −$9,745
• Taxable loss: −$8,933
• Est. tax savings @ 24.0%: +$2,144
• After-tax cash flow: $-706/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 — South Venice

• Score: 67/100
• State rank: #549
• US rank: #10377

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Venice, FL
• County: Sarasota County · 448,376 people
• 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

-5.6% since first listed

5 events — show timeline

• 2026-05-09 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-05 Price Changed $335,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-13 Price Changed $345,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-23 Listed $355,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+2.8%/yr

Latest (2025): $1,371 · +4.9% YoY. Source: county tax records.