349 Longwood Dr · Venice Gardens, FL 34285

$189,000

2 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 26 Days on market

Built 1972 10,673 sqft lot $177/mo HOA · 8% of rent

---

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 +22.3/30.0
• ARV discount +7.5/15.0
• DSCR +7.1/10.0
• 1% rule +6.0/10.0
• Schools +5.4/10.0
• Rent growth +4.7/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for a craft or sewing room or just need extra space for when company or the grandkids visit? Look no further than this rarely found - true 4 bedroom double-wide mobile on one of the largest lots in resident-owned Sandalwood Park! This well-maintained mobile is being sold turn-key furnished, so all that's needed is your clothing and a toothbrush! Nicely updated, this mobile offers a family room with wall a/c and a large screened lanai. New vapor barrier was installed in 2012, new hot water heater in 2016 and new kitchen sink & faucet in 2015/2016 respectively. There's also been an extension to the driveway to comfortably fit 2 automobiles. Come enjoy all that Sandalwood Park has to offer, from the heated pool to the seasonal concerts to the putting green! There's something for everyone! Your furry family members are also welcome (size restrictions apply). Don't let this rare opportunity pass you by - come take a look today!!

Key facts

• Newer dishwasher
• Large closet pantry
• Large kitchen

Tags

• LARGE KITCHEN
• NEW COUNTERTOPS
• NEW SINK
• NEW HARDWARE
• LARGE CLOSET PANTRY
• NEWER DISHWASHER

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $189k.

Deal economics

• At list price, monthly cash flow is $311 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $189k).
• Recommended offer: $186k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#537 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A-; Watch: schools D+, 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.
• 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 37% 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 $1k of loan paydown is wiped out by about $6k 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 $53k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($186k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 15y 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 $123k; list at $189k implies a 54% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $186,165 (1.5% below list)

Questions for the listing agent

1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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.
6. 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.
7. 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: 1.10% ✓
• Cap rate: 8.27%
• Cash-on-cash: 7.06%
• DSCR: 1.31
• GRM: 7.5

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: 0.1%
• Equity multiple: 1.01×
• Total profit: $298
• Equity at exit: $28,181

10-year hold

• IRR: 14.4%
• Equity multiple: 2.44×
• Total profit: $76,233
• Equity at exit: $16,341

Cash invested: $52,920 (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 34285

• Rents YoY: 8.8%
• Active inventory: 462
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $2,088 medium
• Mortgage (P&I): −$991
• Tax from tax record: −$91 /mo · $1,093/yr
• Insurance: −$79
• HOA: −$177
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $311

Break-even live

Break-even rent $1,694

Max offer price $189,000

Occupancy floor 80%

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: $47,250
• Closing costs: $5,670
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $177 · $2,124/yr
• Likely covers: waterpool

Listing history 8 events

1. 2026-04-18
   status Pending
2. 2026-03-23
   listed $189,000 Active
3. 2016-05-13
   soldstatus $123,000 Sold 956-char remark

   Show marketing remark (956 chars)

   Looking for a craft or sewing room or just need extra space for when company or the grandkids visit? Look no further than this rarely found - true 4 bedroom double-wide mobile on one of the largest lots in resident-owned Sandalwood Park! This well-maintained mobile is being sold turn-key furnished, so all that's needed is your clothing and a toothbrush! Nicely updated, this mobile offers a family room with wall a/c and a large screened lanai. New vapor barrier was installed in 2012, new hot water heater in 2016 and new kitchen sink & faucet in 2015/2016 respectively. There's also been an extension to the driveway to comfortably fit 2 automobiles. Come enjoy all that Sandalwood Park has to offer, from the heated pool to the seasonal concerts to the putting green! There's something for everyone! Your furry family members are also welcome (size restrictions apply). Don't let this rare opportunity pass you by - come take a look today!!

4. 2016-04-15
   status Pending 956-char remark

   Show marketing remark (956 chars)

   Looking for a craft or sewing room or just need extra space for when company or the grandkids visit? Look no further than this rarely found - true 4 bedroom double-wide mobile on one of the largest lots in resident-owned Sandalwood Park! This well-maintained mobile is being sold turn-key furnished, so all that's needed is your clothing and a toothbrush! Nicely updated, this mobile offers a family room with wall a/c and a large screened lanai. New vapor barrier was installed in 2012, new hot water heater in 2016 and new kitchen sink & faucet in 2015/2016 respectively. There's also been an extension to the driveway to comfortably fit 2 automobiles. Come enjoy all that Sandalwood Park has to offer, from the heated pool to the seasonal concerts to the putting green! There's something for everyone! Your furry family members are also welcome (size restrictions apply). Don't let this rare opportunity pass you by - come take a look today!!

5. 2016-04-14
   listed $124,900 Active 956-char remark

   Show marketing remark (956 chars)

   Looking for a craft or sewing room or just need extra space for when company or the grandkids visit? Look no further than this rarely found - true 4 bedroom double-wide mobile on one of the largest lots in resident-owned Sandalwood Park! This well-maintained mobile is being sold turn-key furnished, so all that's needed is your clothing and a toothbrush! Nicely updated, this mobile offers a family room with wall a/c and a large screened lanai. New vapor barrier was installed in 2012, new hot water heater in 2016 and new kitchen sink & faucet in 2015/2016 respectively. There's also been an extension to the driveway to comfortably fit 2 automobiles. Come enjoy all that Sandalwood Park has to offer, from the heated pool to the seasonal concerts to the putting green! There's something for everyone! Your furry family members are also welcome (size restrictions apply). Don't let this rare opportunity pass you by - come take a look today!!

6. 2012-01-27
   soldstatus $80,100
7. 2012-01-24
   soldstatus $80,000 926-char remark

   Show marketing remark (926 chars)

   Active w contract-subj. to 3rd party approval. This has 4 true bedrooms and glass enclosed family room on largest lot in Sandlewood. It features a roof-over and maintenance-free vinyl siding, large screened in porch, separate workshop and laundry room. There is new kitchen with wood cabinets, lazy susan, and extra deep drawers for pots and pan. Both baths have been redone and main bath has new Jacuzzi tub and heated towel rack and higher toilet. The washer and dryer were new 09, refrigerator new 11, andA/C new 04.There are 7 ceiling fans. Home has been totally replumbed and has new upgraded electric panel. Nicely landscaped on pie shaped lot with private patio off 2nd bedroom for sunning. Carport deep enough for two cars. Windows are newer but not sure of date. Sliding glass door in 2nd bedroom new 11. Awnings over most windows for storm protection. This is not a flip. Seller open to financing with $20,000 down.

8. 2011-11-16
   listed $83,000 926-char remark

   Show marketing remark (926 chars)

   Active w contract-subj. to 3rd party approval. This has 4 true bedrooms and glass enclosed family room on largest lot in Sandlewood. It features a roof-over and maintenance-free vinyl siding, large screened in porch, separate workshop and laundry room. There is new kitchen with wood cabinets, lazy susan, and extra deep drawers for pots and pan. Both baths have been redone and main bath has new Jacuzzi tub and heated towel rack and higher toilet. The washer and dryer were new 09, refrigerator new 11, andA/C new 04.There are 7 ceiling fans. Home has been totally replumbed and has new upgraded electric panel. Nicely landscaped on pie shaped lot with private patio off 2nd bedroom for sunning. Carport deep enough for two cars. Windows are newer but not sure of date. Sliding glass door in 2nd bedroom new 11. Awnings over most windows for storm protection. This is not a flip. Seller open to financing with $20,000 down.

ⓘ 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: $1,093 · $91/mo
• Projected year-2 tax: $1,569 · $131/mo
• Expected delta: +$476/yr (+$40/mo · 43.6%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% 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

Taxation est. · year 1

• Rental income: $25,055
• − Mortgage interest: −$10,587
• − Property taxes: −$1,093
• − Insurance: −$945
• − Repairs & maintenance: −$2,004
• − Management: −$2,004
• − HOA: −$2,124
• − Depreciation: −$5,498
• Taxable income: $799
• Est. tax owed @ 24.0%: −$192
• After-tax cash flow: $3,546/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 Gardens

• Score: 68/100
• State rank: #537
• US rank: #10074

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Sarasota County · 448,376 people
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+127.7% since first listed

8 events — show timeline

• 2026-04-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-23 Listed $189,000 Stellar MLS as Distributed by MLS Grid
• 2016-05-13 Sold (MLS) $123,000 Stellar MLS as Distributed by MLS Grid
• 2016-04-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-04-14 Listed $124,900 Stellar MLS as Distributed by MLS Grid
• 2012-01-27 Sold (Public Records) $80,100 Public Records
• 2012-01-24 Sold (MLS) $80,000 Stellar MLS as Distributed by MLS Grid
• 2011-11-16 Listed $83,000 Stellar MLS as Distributed by MLS Grid

Property tax history

-0.2%/yr

Latest (2025): $1,093 · +2.5% YoY. Source: county tax records.