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533 Cervina Dr S
B Composite 74.06
Why this score? — see what drove the B 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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +5.4/10.0
  • Rent growth +4.7/5.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$115,000

533 Cervina Dr S · Venice, FL 34285
2 bd · 2.0 ba · 864 sqft · Manufactured public records · 45 Days on market
Built 1978 4,718 sqft lot $229/mo HOA · 12% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

great home, roof over and ready to move, homes are moving fast in venice isle. Do not miss your chance for this one. Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our 2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Boccie ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

Key facts

  • Screen room
  • Kitchen cabinetry
  • Shed

Tags

MEMBRANE ROOFSCREEN ROOMCARPORTSHEDKITCHEN CABINETRYTENNIS COURTS

Property features AI

Finance

  • Other: Furnished; Association fee includes cable TV, common area taxes, pool, internet, management, private road, recreational facilities
  • Financial info: Lease restrictions apply
  • HOA & community: Has HOA; monthly fee $229 (quarterly association fee $687); Association amenities include cable TV, clubhouse, fitness center, laundry, pool, sauna, spa/hot tub, tennis and shuffleboard courts, recreation facilities; Buyer/association approval required; Community features: clubhouse, pool, tennis courts, street lights, deed restrictions, golf carts allowed, special community restrictions, association-owned recreation; Senior community; Cats allowed

Exterior

  • Parking: Carport with 1 space
  • Utilities: Public water; Public sewer; Electricity connected; Cable connected; Fiber optics available; Broadband/high-speed internet available; Underground utilities; Fire hydrant nearby
  • Home design: Manufactured home (double wide); One story; Faces south; Entry on one level
  • Construction: Metal siding; Membrane roof with roof over; Crawlspace foundation; Built in 1 story (double wide)
  • Exterior features: Awnings; Private mailbox; Rain gutters; Sliding doors; Asphalt road access

Interior

  • Kitchen: Range; Range hood; Microwave; Refrigerator
  • Bedrooms: 2 bedrooms
  • Flooring: Laminate flooring; Linoleum flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning
  • Interior features: Built-in features; Ceiling fans; Living room/dining room combination; Window treatments (blinds, drapes)
  • Laundry & utility: Washer included; Laundry located in garage; 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 $115k.

Deal economics

  • At list price, monthly cash flow is $488 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $115k).
  • Recommended offer: $112k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 80/100 on livability (#129 in FL, #1,925 nationally) — a professional / high-income tenant draw. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities D-, 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.
  • Market conditions: Rents rising fast (+8.8%/yr); 462 active listings in the ZIP; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($68k/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 $795 of loan paydown is wiped out by about $3k 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 $32k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 45 days — a 3% lower offer ($112k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $57k; list at $115k implies a 102% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $111,550 (3.0% below list)

Questions for the listing agent

  1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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.
  7. 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.
  8. 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
1.65%
Cap rate
11.39%
Cash-on-cash
18.20%
DSCR
1.81
GRM
5.1

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
16.3%
Equity multiple
1.70×
Total profit
$22,648
Equity at exit
$17,147
10-year hold
IRR
28.8%
Equity multiple
4.29×
Total profit
$106,026
Equity at exit
$9,943

Cash invested: $32,200 (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 34285

Rents YoY
8.8%
Active inventory
462
Price-to-rent
5.1×

Monthly cashflow live

Estimated rent
$1,896 medium interval (Pro) →
Mortgage (P&I)
$603
Tax from tax record
$129 /mo · $1,553/yr
Insurance
$48
HOA
$229
Vacancy / Maint / Mgmt
$398
Net cashflow
$488

Break-even live

Break-even rent $1,278
Max offer price $115,000
Occupancy floor 69%

Sensitivity live

Price -10% $553 -5% $521 +0% $488 +5% $456 +10% $423
Rent -10% $339 -5% $413 +0% $488 +5% $563 +10% $638
Rate -1.0pp $546 -0.5pp $518 base $488 +0.5pp $459 +1.0pp $428

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
$28,750
Closing costs
$3,450
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
$229 · $2,748/yr
Likely covers
poolgym

Listing history 28 events

  1. 2026-06-18
    days on market $115,000 Active 45 DOM
  2. 2026-06-17
    days on market $115,000 Active 44 DOM
  3. 2026-06-16
    days on market $115,000 Active 43 DOM
  4. 2026-06-15
    days on market $115,000 Active 42 DOM
  5. 2026-06-13
    days on market $115,000 Active 40 DOM
  6. 2026-06-13
    days on market $115,000 Active 39 DOM
  7. 2026-06-10
    days on market $115,000 Active 37 DOM
  8. 2026-06-09
    days on market $115,000 Active 36 DOM
  9. 2026-06-08
    days on market $115,000 Active 35 DOM
  10. 2026-06-08
    days on market $115,000 Active 34 DOM
  11. 2026-06-05
    days on market $115,000 Active 31 DOM
  12. 2026-06-03
    days on market $115,000 Active 30 DOM
  13. 2026-06-02
    days on market $115,000 Active 29 DOM
  14. 2026-06-01
    days on market $115,000 Active 28 DOM
  15. 2026-05-31
    days on market $115,000 Active 27 DOM
  16. 2026-05-04
    listed $115,000 Active 903-char remark
  17. 2015-05-05
    soldstatus $57,000
  18. 2015-04-17
    soldstatus $57,000 Sold 771-char remark
    Show marketing remark (771 chars)

    great home, roof over and ready to move, homes are moving fast in venice isle. Do not miss your chance for this one. Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our 2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Boccie ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

  19. 2015-03-20
    status Pending 771-char remark
    Show marketing remark (771 chars)

    great home, roof over and ready to move, homes are moving fast in venice isle. Do not miss your chance for this one. Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our 2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Boccie ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

  20. 2015-03-12
    price $59,000 771-char remark
    Show marketing remark (771 chars)

    great home, roof over and ready to move, homes are moving fast in venice isle. Do not miss your chance for this one. Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our 2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Boccie ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

  21. 2015-01-15
    status Active 771-char remark
    Show marketing remark (771 chars)

    great home, roof over and ready to move, homes are moving fast in venice isle. Do not miss your chance for this one. Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our 2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Boccie ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

  22. 2015-01-09
    status Pending 771-char remark
    Show marketing remark (771 chars)

    great home, roof over and ready to move, homes are moving fast in venice isle. Do not miss your chance for this one. Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our 2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Boccie ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

  23. 2014-11-19
    price $69,900 771-char remark
    Show marketing remark (771 chars)

    great home, roof over and ready to move, homes are moving fast in venice isle. Do not miss your chance for this one. Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our 2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Boccie ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

  24. 2014-10-14
    listed $71,500 Active 771-char remark
    Show marketing remark (771 chars)

    great home, roof over and ready to move, homes are moving fast in venice isle. Do not miss your chance for this one. Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our 2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Boccie ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

  25. 2014-04-04
    soldstatus $67,200 Sold
    Show marketing remark (830 chars)

    Rented Jan Feb and March 2014, Great home with all the aminities you would need, curently the only home in the pet section. Roof over, and quiet side yard with a garden setting. Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

  26. 2013-03-06
    listed $69,000
    Show marketing remark (830 chars)

    Rented Jan Feb and March 2014, Great home with all the aminities you would need, curently the only home in the pet section. Roof over, and quiet side yard with a garden setting. Venice Isle is the premier Resident owned over 55 Mobile home Park in Venice. There are close to 1000 homes with the most active of residents. There is always something going on for you join. We have many Park gatherings and first rate shows on site. The Park has every amenity you can imagine. Come take a walk though both of our2 clubhouses. Make yourself at home. The Park has 2 Tennis courts, A brand new fitness center, 2 heated pools, 2 hot tubs, saunas, putting greens, shuffle board, Bocce ball, miniature golf, art rooms, pool room, TV lounges, card rooms, library, horseshoes, ceramic kilns, 2 huge ball rooms, Sunday services and much more!!

  27. 2002-06-27
    soldstatus $40,000
  28. 2001-08-01
    soldstatus $39,000

ⓘ 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
$1,553 · $129/mo
Projected year-2 tax
$1,553 · $129/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 5/10 Major FEMA zone X (unshaded) · 24% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,751
− Mortgage interest
−$6,442
− Property taxes
−$1,553
− Insurance
−$575
− Repairs & maintenance
−$1,820
− Management
−$1,820
− HOA
−$2,748
− Depreciation
−$3,345
Taxable income
$4,447
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,067
After-tax cash flow
$4,793/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 — Venice

Score
80/100
State rank
#129
US rank
#1925

Category grades

Amenities D- Commute F Cost of living C+ 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
Sarasota County · 448,376 people
City population
86,541
Metro
North Port-Sarasota-Bradenton, FL
Population (ZIP)
18,677
Household income
$68,301
Rent vs Own
20.3% rent · 79.7% own
Severe rent burden
747.0

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 (88%)
Race & ethnicity
White 88% Two or more races 6% Hispanic / Latino 6% Asian 1%
Hispanic origin (detail)
Mexican 1% Puerto Rican 2% Cuban 1%
Common ancestry
Romanian 5% Lithuanian 5% Italian 3%
Foreign-born
11% · Canada
Languages at home
88% English-only · Spanish 4% Other Indo-European 2% German/W. Germanic 2%

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
▼ -329.42%
Current HPI
264.6389
Rent YoY
▲ 8.78%
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

+194.9% since first listed
13 events — show timeline
  • 2026-05-04 Listed $115,000 Stellar MLS as Distributed by MLS Grid
  • 2015-05-05 Sold (Public Records) $57,000 Public Records
  • 2015-04-17 Sold (MLS) $57,000 Stellar MLS as Distributed by MLS Grid
  • 2015-03-20 Pending Stellar MLS as Distributed by MLS Grid
  • 2015-03-12 Price Changed $59,000 Stellar MLS as Distributed by MLS Grid
  • 2015-01-15 Relisted Stellar MLS as Distributed by MLS Grid
  • 2015-01-09 Pending Stellar MLS as Distributed by MLS Grid
  • 2014-11-19 Price Changed $69,900 Stellar MLS as Distributed by MLS Grid
  • 2014-10-14 Listed $71,500 Stellar MLS as Distributed by MLS Grid
  • 2014-04-04 Sold (MLS) $67,200 Stellar MLS as Distributed by MLS Grid
  • 2013-03-06 Listed $69,000 Stellar MLS as Distributed by MLS Grid
  • 2002-06-27 Sold (Public Records) $40,000 Public Records
  • 2001-08-01 Sold (Public Records) $39,000 Public Records

Property tax history

+9.4%/yr

Latest (2025): $1,553 · +5.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…