3827 Parkridge Cir Unit 1-102 · Desoto Lakes, FL 34243

$348,900

3 bd · 2.5 ba · 1,776 sqft · Condo public records · 221 Days on market

Built 2005 $196/sqft · 17% below area Est $421k · 17% under $411/mo HOA · 14% of rent

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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).

• ARV discount +15.0/15.0
• Cash flow +8.2/30.0
• Schools +5.4/10.0
• Livability +3.9/5.0
• 1% rule +3.5/10.0
• Condition / age +2.5/5.0
• DSCR +2.2/10.0
• Rent growth +1.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Price reduction, Exceptional 3-bedroom, 2.5 bath condo with one car garage, just underwent an intensive remodeling: All new laminate flooring installed on both levels, new paint, new wider baseboards, all 3 bathrooms totally remodeled with new vanities, sinks, toilets and glass shower doors. 2 new custom barn doors, new ceiling fans, and new recess lighting. Once you enter the home you will notice how spacious the great room is. Beyond that room is the dining/kitchen area with a sitting nook that can also be a dinette area. Kitchen has all new appliances and beautiful new glass door to walk in pantry closet. Take a walk out to the lanai and enjoy the greenery and peace and quiet. As you go up to the 3 bedrooms, please note the updated cable stair rails. Laundry closet is at the top of the stairs. Large master bedroom with high ceilings, spacious walk-in closet. Slide the barn doors to enter the remodeled master bath. At the end of hallway are the 2 other bedrooms with a shared full bathroom. This is an end unit, so you will get extra lighting. Gated community with community pool. Complex is right off of University Parkway with quick access to the UTC mall, Benderson Park, Sarasota/Bradenton Airport, Downtown Sarasota and Downtown Lakewood Ranch. Just miles away from beaches. Wonderful year round living, winter getaway or investment rental. Call for an appointment to see this beautiful home. * * * Pictures of the front of the unit and pool area will be up and running tomorrow * *

Key facts

• New ceiling fans
• Custom barn doors
• New recess lighting

Tags

• NEW LAMINATE FLOORING
• REMODELED BATHROOMS
• CUSTOM BARN DOORS
• NEW CEILING FANS
• NEW RECESS LIGHTING
• WALK IN PANTRY CLOSET

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath condo listed at $349k.

Deal economics

• At list price, monthly cash flow is $-332 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $290k (16.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $296k (15.1% below list).
• Recommended offer: $290k (16.8% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 77/100 on livability (#189 in FL, #3,003 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A-; Watch: amenities 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: Emma E. Booker Elementary School (math 35% / reading 32%, grade F, #1,758 of 2,144 statewide, top 83%, 468 students, 93% FRL); Booker Middle School (math 45% / reading 41%, grade D-, #331 of 571 statewide, top 59%, 950 students, 76% FRL); Booker High School (math 26% / reading 43%, grade F, #386 of 667 statewide, top 59%, 1,309 students, 68% FRL) — zoned schools average 79% FRL vs 42% district-wide (37 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 37% at this address vs 63% district-wide (-26 pts) — the specific schools serving this property underperform the Sarasota average; the district grade overstates school quality for this exact location.
• Market conditions: Rents falling (-4.1%/yr); 388 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 44% of the median local income ($81k/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 $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 221 days — a 12% lower offer ($307k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 16y ago; this cycle's ask has dropped $20k (5%) 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 $290,311 (16.8% 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 221 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.85% ✗
• Cap rate: 5.15%
• Cash-on-cash: -4.07%
• DSCR: 0.82
• GRM: 9.8

CMA / ARV

• ARV (median comp): $421,413
• List price: $348,900
• Delta: -17.21%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -26.9%
• Equity multiple: 0.12×
• Total profit: $-86,139
• Equity at exit: $52,022

10-year hold

• IRR: -42.4%
• Equity multiple: -0.38×
• Total profit: $-134,935
• Equity at exit: $30,166

Cash invested: $97,692 (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 34243

• Home prices YoY: -23.0%
• Rents YoY: -4.1%
• Active inventory: 388
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,963 high
• Mortgage (P&I): −$1,830
• Tax from tax record: −$287 /mo · $3,439/yr
• Insurance: −$145
• HOA: −$411
• Vacancy / Maint / Mgmt: −$622
• Net cashflow: $-332

Break-even live

Break-even rent $3,383

Max offer price $290,311

Occupancy floor —

Sensitivity live

Price	-10% $-134	-5% $-233	+0% $-332	+5% $-430	+10% $-529
Rent	-10% $-566	-5% $-449	+0% $-332	+5% $-215	+10% $-98
Rate	-1.0pp $-156	-0.5pp $-243	base $-332	+0.5pp $-422	+1.0pp $-514

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: $87,225
• Closing costs: $10,467
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8429 Cypress Lake Cir Sarasota, FL	4.0	2.0	1701	$3,600	$2.12	25d	1	0.18mi
8434 Cypress Lake Cir Sarasota, FL	3.0	2.0	1768	$3,500	$1.98	25d	1	0.19mi
8340 Brandeis Cir W Sarasota, FL	4.0	2.0	2179	$2,781	$1.28	0d	1	0.29mi
8316 Brandeis Cir W Sarasota, FL	3.0	2.0	1652	$2,450	$1.48	5d	1	0.32mi
5025 82nd Way E Sarasota, FL	3.0	2.0	1321	$2,250	$1.70	25d	1	0.38mi
8240 Cypress Lake Dr Sarasota, FL	4.0	3.0	1993	$4,750	$2.38	18d	1	0.39mi
8445 Gardens Cir Sarasota, FL	1.0–3.0	1.0–2.0	973	$2,172	$2.23	0d	31	0.62mi
8119 Villa Grande Ct Unit Available Sarasota, FL	3.0	2.5	2120	$2,600	$1.23	25d	1	0.65mi
8128 Villa Grande Ct Sarasota, FL	3.0	2.5	1818	$3,190	$1.75	22d	1	0.69mi
8204 Villa Grande Ct Sarasota, FL	3.0	2.5	2121	$3,200	$1.51	18d	1	0.69mi
6041 Clubside Dr Unit 6041 Sarasota, FL	2.0	2.0	1380	$2,950	$2.14	25d	1	0.89mi
5409 Palm Aire Dr Sarasota, FL	3.0	2.0	2098	$3,500	$1.67	25d	1	0.96mi
5924 Clubside Dr Sarasota, FL	2.0	2.0	1380	$2,500	$1.81	25d	1	0.96mi
6104 Turnbury Park Dr Sarasota, FL	1.0–3.0	1.0–2.0	1065	$2,505	$2.35	3d	29	1.00mi
7887 Lockwood Ridge Rd Sarasota, FL	1.0–3.0	1.0–2.0	1020	$2,557	$2.51	0d	18	1.04mi
5219 Inverness Dr Sarasota, FL	3.0	2.0	1933	$3,200	$1.66	25d	1	1.05mi
3870 82nd Avenue Cir E #104 Sarasota, FL	3.0	2.5	1661	$2,100	$1.26	5d	1	1.05mi
3880 82nd Avenue Cir E #101 Sarasota, FL	3.0	2.5	1661	$3,250	$1.96	25d	1	1.06mi
3810 82nd Avenue Cir E #102 Sarasota, FL	3.0	2.5	1661	$3,200	$1.93	25d	1	1.06mi
5008 Medalist Rd Sarasota, FL	3.0	2.0	1824	$3,000	$1.64	25d	1	1.10mi
3716 82nd Avenue Cir E #102 Sarasota, FL	3.0	2.5	1661	$4,200	$2.53	25d	1	1.12mi
6211 Timber Lake Dr Unit B9 Sarasota, FL	2.0	2.0	1274	$1,750	$1.37	25d	1	1.15mi
3770 82nd Avenue Cir E #103 Sarasota, FL	3.0	2.5	1661	$2,150	$1.29	25d	1	1.17mi
3736 82nd Avenue Cir E #105 Sarasota, FL	3.0	2.5	1661	$2,200	$1.32	25d	1	1.20mi
5217 Canterbury Dr Sarasota, FL	3.0	2.0	2146	$2,800	$1.30	25d	1	1.21mi
3740 82nd Avenue Cir E #102 Sarasota, FL	3.0	2.5	1661	$3,500	$2.11	25d	1	1.22mi
3756 82nd Avenue Cir E #101 Sarasota, FL	3.0	2.5	1661	$2,300	$1.38	25d	1	1.23mi
3617 82nd Pl E Sarasota, FL	3.0	2.0	1858	$2,700	$1.45	25d	1	1.23mi
3746 82nd Avenue Cir E #102 Sarasota, FL	3.0	3.0	1661	$2,050	$1.23	5d	1	1.23mi
3746 82nd Avenue Cir E Unit E102 Sarasota, FL	3.0	2.5	1661	$2,050	$1.23	13d	1	1.23mi
8133 Misty Oaks Blvd Sarasota, FL	3.0	2.5	2423	$4,300	$1.77	25d	1	1.24mi
2575 University Pkwy Sarasota, FL	1.0–3.0	1.0–2.0	1026	$2,779	$2.71	0d	24	1.25mi
3750 82nd Avenue Cir E #104 Sarasota, FL	3.0	2.5	1661	$2,750	$1.66	25d	1	1.25mi
4208 76th Dr E Sarasota, FL	3.0	2.0	1350	$2,600	$1.93	0d	1	1.31mi
6120 Country Club Way #207 Sarasota, FL	2.0	2.0	1400	$1,950	$1.39	25d	1	1.34mi
6110 Country Club Way #201 Sarasota, FL	2.0	2.0	1400	$4,000	$2.86	25d	1	1.35mi
2351 University Pkwy Sarasota, FL	1.0–3.0	1.0–2.0	1046	$3,121	$2.98	3d	24	1.48mi

HOA detail condo

• Monthly dues: $411 · $4,932/yr
• Likely covers: cablepoolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 28 events

1. 2026-06-21
   days on market $348,900 Active 221 DOM
2. 2026-06-18
   days on market $348,900 Active 218 DOM
3. 2026-06-17
   days on market $348,900 Active 217 DOM
4. 2026-06-16
   days on market $348,900 Active 216 DOM
5. 2026-06-15
   days on market $348,900 Active 215 DOM
6. 2026-06-13
   days on market $348,900 Active 213 DOM
7. 2026-06-13
   days on market $348,900 Active 212 DOM
8. 2026-06-10
   days on market $348,900 Active 210 DOM
9. 2026-06-09
   days on market $348,900 Active 209 DOM
10. 2026-06-08
    days on market $348,900 Active 207 DOM
11. 2026-06-05
    days on market $348,900 Active 204 DOM
12. 2026-06-03
    days on market $348,900 Active 203 DOM
13. 2026-06-02
    days on market $348,900 Active 202 DOM
14. 2026-06-01
    days on market $348,900 Active 201 DOM
15. 2026-05-31
    days on market $348,900 Active 200 DOM
16. 2026-03-13
    price $348,900 1506-char remark

    Show marketing remark (1506 chars)

    Price reduction, Exceptional 3-bedroom, 2.5 bath condo with one car garage, just underwent an intensive remodeling: All new laminate flooring installed on both levels, new paint, new wider baseboards, all 3 bathrooms totally remodeled with new vanities, sinks, toilets and glass shower doors. 2 new custom barn doors, new ceiling fans, and new recess lighting. Once you enter the home you will notice how spacious the great room is. Beyond that room is the dining/kitchen area with a sitting nook that can also be a dinette area. Kitchen has all new appliances and beautiful new glass door to walk in pantry closet. Take a walk out to the lanai and enjoy the greenery and peace and quiet. As you go up to the 3 bedrooms, please note the updated cable stair rails. Laundry closet is at the top of the stairs. Large master bedroom with high ceilings, spacious walk-in closet. Slide the barn doors to enter the remodeled master bath. At the end of hallway are the 2 other bedrooms with a shared full bathroom. This is an end unit, so you will get extra lighting. Gated community with community pool. Complex is right off of University Parkway with quick access to the UTC mall, Benderson Park, Sarasota/Bradenton Airport, Downtown Sarasota and Downtown Lakewood Ranch. Just miles away from beaches. Wonderful year round living, winter getaway or investment rental. Call for an appointment to see this beautiful home. * * * Pictures of the front of the unit and pool area will be up and running tomorrow * *

17. 2026-02-17
    price $354,999 1506-char remark

    Show marketing remark (1506 chars)

    Price reduction, Exceptional 3-bedroom, 2.5 bath condo with one car garage, just underwent an intensive remodeling: All new laminate flooring installed on both levels, new paint, new wider baseboards, all 3 bathrooms totally remodeled with new vanities, sinks, toilets and glass shower doors. 2 new custom barn doors, new ceiling fans, and new recess lighting. Once you enter the home you will notice how spacious the great room is. Beyond that room is the dining/kitchen area with a sitting nook that can also be a dinette area. Kitchen has all new appliances and beautiful new glass door to walk in pantry closet. Take a walk out to the lanai and enjoy the greenery and peace and quiet. As you go up to the 3 bedrooms, please note the updated cable stair rails. Laundry closet is at the top of the stairs. Large master bedroom with high ceilings, spacious walk-in closet. Slide the barn doors to enter the remodeled master bath. At the end of hallway are the 2 other bedrooms with a shared full bathroom. This is an end unit, so you will get extra lighting. Gated community with community pool. Complex is right off of University Parkway with quick access to the UTC mall, Benderson Park, Sarasota/Bradenton Airport, Downtown Sarasota and Downtown Lakewood Ranch. Just miles away from beaches. Wonderful year round living, winter getaway or investment rental. Call for an appointment to see this beautiful home. * * * Pictures of the front of the unit and pool area will be up and running tomorrow * *

18. 2026-01-06
    price $364,999 1506-char remark

    Show marketing remark (1506 chars)

    Price reduction, Exceptional 3-bedroom, 2.5 bath condo with one car garage, just underwent an intensive remodeling: All new laminate flooring installed on both levels, new paint, new wider baseboards, all 3 bathrooms totally remodeled with new vanities, sinks, toilets and glass shower doors. 2 new custom barn doors, new ceiling fans, and new recess lighting. Once you enter the home you will notice how spacious the great room is. Beyond that room is the dining/kitchen area with a sitting nook that can also be a dinette area. Kitchen has all new appliances and beautiful new glass door to walk in pantry closet. Take a walk out to the lanai and enjoy the greenery and peace and quiet. As you go up to the 3 bedrooms, please note the updated cable stair rails. Laundry closet is at the top of the stairs. Large master bedroom with high ceilings, spacious walk-in closet. Slide the barn doors to enter the remodeled master bath. At the end of hallway are the 2 other bedrooms with a shared full bathroom. This is an end unit, so you will get extra lighting. Gated community with community pool. Complex is right off of University Parkway with quick access to the UTC mall, Benderson Park, Sarasota/Bradenton Airport, Downtown Sarasota and Downtown Lakewood Ranch. Just miles away from beaches. Wonderful year round living, winter getaway or investment rental. Call for an appointment to see this beautiful home. * * * Pictures of the front of the unit and pool area will be up and running tomorrow * *

19. 2025-11-12
    listed $369,000 Active 1506-char remark

    Show marketing remark (1506 chars)

    Price reduction, Exceptional 3-bedroom, 2.5 bath condo with one car garage, just underwent an intensive remodeling: All new laminate flooring installed on both levels, new paint, new wider baseboards, all 3 bathrooms totally remodeled with new vanities, sinks, toilets and glass shower doors. 2 new custom barn doors, new ceiling fans, and new recess lighting. Once you enter the home you will notice how spacious the great room is. Beyond that room is the dining/kitchen area with a sitting nook that can also be a dinette area. Kitchen has all new appliances and beautiful new glass door to walk in pantry closet. Take a walk out to the lanai and enjoy the greenery and peace and quiet. As you go up to the 3 bedrooms, please note the updated cable stair rails. Laundry closet is at the top of the stairs. Large master bedroom with high ceilings, spacious walk-in closet. Slide the barn doors to enter the remodeled master bath. At the end of hallway are the 2 other bedrooms with a shared full bathroom. This is an end unit, so you will get extra lighting. Gated community with community pool. Complex is right off of University Parkway with quick access to the UTC mall, Benderson Park, Sarasota/Bradenton Airport, Downtown Sarasota and Downtown Lakewood Ranch. Just miles away from beaches. Wonderful year round living, winter getaway or investment rental. Call for an appointment to see this beautiful home. * * * Pictures of the front of the unit and pool area will be up and running tomorrow * *

20. 2023-10-18
    soldstatus $315,000 Closed 1393-char remark

    Show marketing remark (1393 chars)

    The location and value of this townhome make it an outstanding opportunity. Nestled within the desirable community of Parkridge, this 3 bedroom, two and one half bath property offers a prime location in Sarasota. From the minute you pull up to the gates in Parkridge, you will be taken in by the quietness of this well-kept gated community with a large community pool. This condo offers over 1,700 square feet of living space. Featuring a large open floorplan, an open dining area, a large owner’s suite bedroom with an over-sized walk-in closet, two nicely sized guest suites, two full bathrooms, a washer and dryer, and a large screened-in balcony. Attached one-car garage and ample parking for guests. Low HOA fee, which includes basic cable, water, sewer, trash, exterior maintenance, and a new roof which was installed in 2023. This amazing property is ideal for anyone, whether you are looking for a full time residence, seasonal residence, or an investment property with great income opportunities. Just miles away from world-renowned beaches, UTC mall, Benderson Park, Sarasota Airport, Downtown Sarasota, Waterside, Lakewood Ranch, the world-renowned John and Mable Ringling Museum of Art, Asolo Repertory Theatre. Also close to I-75, where you can go enjoy everything St. Pete’s, Tampa, Clearwater, and Orlando have to offer. Call and schedule your private showing today!

21. 2023-10-18
    soldstatus $315,000

    Show marketing remark (1393 chars)

    The location and value of this townhome make it an outstanding opportunity. Nestled within the desirable community of Parkridge, this 3 bedroom, two and one half bath property offers a prime location in Sarasota. From the minute you pull up to the gates in Parkridge, you will be taken in by the quietness of this well-kept gated community with a large community pool. This condo offers over 1,700 square feet of living space. Featuring a large open floorplan, an open dining area, a large owner’s suite bedroom with an over-sized walk-in closet, two nicely sized guest suites, two full bathrooms, a washer and dryer, and a large screened-in balcony. Attached one-car garage and ample parking for guests. Low HOA fee, which includes basic cable, water, sewer, trash, exterior maintenance, and a new roof which was installed in 2023. This amazing property is ideal for anyone, whether you are looking for a full time residence, seasonal residence, or an investment property with great income opportunities. Just miles away from world-renowned beaches, UTC mall, Benderson Park, Sarasota Airport, Downtown Sarasota, Waterside, Lakewood Ranch, the world-renowned John and Mable Ringling Museum of Art, Asolo Repertory Theatre. Also close to I-75, where you can go enjoy everything St. Pete’s, Tampa, Clearwater, and Orlando have to offer. Call and schedule your private showing today!

22. 2023-09-20
    status Pending 1393-char remark

    Show marketing remark (1393 chars)

    The location and value of this townhome make it an outstanding opportunity. Nestled within the desirable community of Parkridge, this 3 bedroom, two and one half bath property offers a prime location in Sarasota. From the minute you pull up to the gates in Parkridge, you will be taken in by the quietness of this well-kept gated community with a large community pool. This condo offers over 1,700 square feet of living space. Featuring a large open floorplan, an open dining area, a large owner’s suite bedroom with an over-sized walk-in closet, two nicely sized guest suites, two full bathrooms, a washer and dryer, and a large screened-in balcony. Attached one-car garage and ample parking for guests. Low HOA fee, which includes basic cable, water, sewer, trash, exterior maintenance, and a new roof which was installed in 2023. This amazing property is ideal for anyone, whether you are looking for a full time residence, seasonal residence, or an investment property with great income opportunities. Just miles away from world-renowned beaches, UTC mall, Benderson Park, Sarasota Airport, Downtown Sarasota, Waterside, Lakewood Ranch, the world-renowned John and Mable Ringling Museum of Art, Asolo Repertory Theatre. Also close to I-75, where you can go enjoy everything St. Pete’s, Tampa, Clearwater, and Orlando have to offer. Call and schedule your private showing today!

23. 2023-08-25
    listed $319,000 Active 1393-char remark

    Show marketing remark (1393 chars)

    The location and value of this townhome make it an outstanding opportunity. Nestled within the desirable community of Parkridge, this 3 bedroom, two and one half bath property offers a prime location in Sarasota. From the minute you pull up to the gates in Parkridge, you will be taken in by the quietness of this well-kept gated community with a large community pool. This condo offers over 1,700 square feet of living space. Featuring a large open floorplan, an open dining area, a large owner’s suite bedroom with an over-sized walk-in closet, two nicely sized guest suites, two full bathrooms, a washer and dryer, and a large screened-in balcony. Attached one-car garage and ample parking for guests. Low HOA fee, which includes basic cable, water, sewer, trash, exterior maintenance, and a new roof which was installed in 2023. This amazing property is ideal for anyone, whether you are looking for a full time residence, seasonal residence, or an investment property with great income opportunities. Just miles away from world-renowned beaches, UTC mall, Benderson Park, Sarasota Airport, Downtown Sarasota, Waterside, Lakewood Ranch, the world-renowned John and Mable Ringling Museum of Art, Asolo Repertory Theatre. Also close to I-75, where you can go enjoy everything St. Pete’s, Tampa, Clearwater, and Orlando have to offer. Call and schedule your private showing today!

24. 2017-08-18
    soldstatus $200,000
25. 2011-03-21
    soldstatus $120,000
26. 2011-03-09
    soldstatus $120,000
27. 2010-08-17
    listed $119,900
28. 2002-12-18
    soldstatus $5,760,000

ⓘ 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: $3,439 · $287/mo
• Projected year-2 tax: $3,439 · $287/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 · 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: $35,559
• − Mortgage interest: −$19,544
• − Property taxes: −$3,439
• − Insurance: −$1,744
• − Repairs & maintenance: −$2,845
• − Management: −$2,845
• − HOA: −$4,932
• − Depreciation: −$10,150
• Taxable loss: −$9,940
• Est. tax savings @ 24.0%: +$2,385
• After-tax cash flow: $-1,594/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 — Desoto Lakes

• Score: 77/100
• State rank: #189
• US rank: #3003

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Manatee County · 416,364 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 32,773
• Household income: $81,219
• Rent vs Own: 28.5% rent · 71.5% own
• Severe rent burden: 1138.0

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 (76%)
• Race & ethnicity: White 76% Hispanic / Latino 14% Two or more races 11% Asian 3% Black 3%
• Hispanic origin (detail): Mexican 5% Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 2%
• Foreign-born: 16% · Canada, Vietnam, Jamaica
• Languages at home: 81% English-only · Spanish 8% Russian/Polish/Slavic 3% Other Indo-European 3%

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: ▼ -83.67%
• Current HPI: 280.5372
• Rent YoY: ▼ -4.14%
• 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

-93.9% since first listed

13 events — show timeline

• 2026-03-13 Price Changed $348,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-17 Price Changed $354,999 Stellar MLS as Distributed by MLS Grid
• 2026-01-06 Price Changed $364,999 Stellar MLS as Distributed by MLS Grid
• 2025-11-12 Listed $369,000 Stellar MLS as Distributed by MLS Grid
• 2023-10-18 Sold (Public Records) $315,000 Public Records
• 2023-10-18 Sold (MLS) $315,000 Stellar MLS as Distributed by MLS Grid
• 2023-09-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-08-25 Listed $319,000 Stellar MLS as Distributed by MLS Grid
• 2017-08-18 Sold (Public Records) $200,000 Public Records
• 2011-03-21 Sold (Public Records) $120,000 Public Records
• 2011-03-09 Sold (MLS) $120,000 Stellar MLS as Distributed by MLS Grid
• 2010-08-17 Listed $119,900 Stellar MLS as Distributed by MLS Grid
• 2002-12-18 Sold (Public Records) $5,760,000 Public Records

Property tax history

+6.5%/yr

Latest (2025): $3,439 · -5.0% YoY. Source: county tax records.