13731 Messina Loop #102 · Lakewood Ranch, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 28 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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
- Schools +6.9/10.0
- Condition / age +4.0/5.0
- 1% rule +3.9/10.0
- Livability +2.5/5.0
- Cash flow +1.4/30.0
- Rent growth +1.2/5.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$365,000
13731 Messina Loop #102 · Lakewood Ranch, FL 34211
2 bd · 2.0 ba · 1,528 sqft · Condo
public records
· 208 Days on market
Built 2019
1-car garage
$239/sqft
· 19% below area
Est $451k · 19% under
$1378/mo HOA · 43% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
An excellent investment opportunity with a lease already in place until 1/31/28, this garden condominium in Esplanade Golf & Country Club offers immediate income in a highly desirable Lakewood Ranch community. This Caserta VII floor plan features two bedrooms, two baths, and a versatile den or flex space, designed with an open-concept layout that appeals to today’s renters and future owners alike. The foyer leads into a spacious dining area and great room, where sliding glass doors open to a covered, screened lanai overlooking tranquil lake and golf course views.
Key facts
- 42-inch cabinetry
- Granite countertops
- Oversized island
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $365k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-1k ($-17k/yr) — negative.
- To cash-flow at today's rent, offer at most $132k (63.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $323k (11.5% below list).
- Recommended offer: $132k (63.9% below list) — sets the bar for cash-flow.
- Cap rate 1.6% vs local median 3.0% in Lakewood Ranch — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads: area grade F — affects rentability + tenant quality, not the cash-flow math above.
- Manatee (suburban): math 54% / reading 50% proficiency, ranked #26 of 73 in FL (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: B.D. Gullett Elementary School (math 78% / reading 73%, grade A, #211 of 2,144 statewide, top 10%, 1,121 students, 20% FRL); R. Dan Nolan Middle School (math 79% / reading 72%, grade A, #38 of 571 statewide, top 7%, 760 students, 28% FRL); Lakewood Ranch High School (math 47% / reading 63%, grade C, #135 of 667 statewide, top 20%, 2,435 students, 22% FRL) — zoned schools average 23% FRL vs 51% district-wide (27 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 69% at this address vs 52% district-wide (+17 pts) — the actual schools serving this property are materially stronger than the Manatee average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents falling (-5.2%/yr); 1687 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 55d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
- This rent runs 32% of the median local income ($120k/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 $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
- Manatee County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 208 days — a 12% lower offer ($321k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 4y 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
- Watch-outs: HOA is 43% of rent.
- 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
$131,676
(63.9% below list)
Questions for the listing agent
- 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?
- It's been on market 208 days. Have you received any prior offers? Is the seller open to a 64% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 0.89% ✗
- Cap rate
- 1.56%
- Cash-on-cash
- -16.91%
- DSCR
- 0.25
- GRM
- 9.4
CMA / ARV
- ARV (median comp)
- $450,843
- List price
- $365,000
- Delta
- -19.04%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 13218 Torresina Ter | 0.41mi | 2/2.0 | 1,689 (+10%) | 1mo | $420,000 | $249 | 63 |
| 11814 Sky Acres Ter | 1.38mi | 3/2.5 (+1) | 1,512 (-1%) | 0mo | $265,000 | $175 | 56 |
| 14008 Crimson Ave | 0.91mi | 3/2.0 (+1) | 1,494 (-2%) | 1mo | $377,000 | $252 | 56 |
| 12411 Trailhead Dr | 1.16mi | 3/2.5 (+1) | 1,618 (+6%) | 1mo | $255,000 | $158 | 48 |
| 5314 White Sand Cv | 1.31mi | 3/2.0 (+1) | 1,414 (-8%) | 0mo | $350,000 | $248 | 47 |
| 13031 Palermo Dr | 0.60mi | 2/2.0 | 1,847 (+21%) | 1mo | $545,000 | $295 | 46 |
| 4226 Midnight Blue Run | 1.36mi | 3/2.0 (+1) | 1,682 (+10%) | 0mo | $413,000 | $246 | 43 |
| 14319 Gnatcatcher Ter | 1.23mi | 3/2.0 (+1) | 1,738 (+14%) | 1mo | $435,000 | $250 | 36 |
| 6207 Tupelo Trl | 1.21mi | 3/2.0 (+1) | 1,761 (+15%) | 1mo | $442,000 | $251 | 34 |
| 14224 Gnatcatcher Ter | 1.20mi | 3/2.0 (+1) | 1,275 (-17%) | 1mo | $375,000 | $294 | 34 |
| 15234 Serene Shores Loop | 0.98mi | 3/3.0 (+1) | 1,840 (+20%) | 1mo | $560,000 | $304 | 30 |
| 15531 Islandwalk Ave | 1.09mi | 3/3.0 (+1) | 1,840 (+20%) | 1mo | $595,000 | $323 | 30 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
5-year hold
- IRR
- -56.2%
- Equity multiple
- -0.56×
- Total profit
- $-159,367
- Equity at exit
- $54,423
10-year hold
- IRR
- —
- Equity multiple
- -1.83×
- Total profit
- $-289,588
- Equity at exit
- $31,559
Cash invested: $102,200 (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 34211
- Home prices YoY
- -27.5%
- Rents YoY
- -5.2%
- Active inventory
- 1687
- Price-to-rent
- 9.4×
Monthly cashflow live
↻
- Estimated rent
- $3,232 high interval (Pro) →
- Mortgage (P&I)
- −$1,914
- Tax from tax record
- −$549 /mo · $6,584/yr
- Insurance
- −$152
- HOA
- −$1,378
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$679
- Net cashflow
- $-1,440
Break-even live
Break-even rent
$5,054
Max offer price
$131,676
Occupancy floor
—
Sensitivity live
| Price | -10% $-1,233 | -5% $-1,337 | +0% $-1,440 | +5% $-1,543 | +10% $-1,646 |
|---|---|---|---|---|---|
| Rent | -10% $-1,695 | -5% $-1,567 | +0% $-1,440 | +5% $-1,312 | +10% $-1,185 |
| Rate | -1.0pp $-1,256 | -0.5pp $-1,347 | base $-1,440 | +0.5pp $-1,534 | +1.0pp $-1,631 |
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
- $91,250
- Closing costs
- $10,950
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 13732 Messina Loop #201 Bradenton, FL | 2.0 | 2.0 | 1528 | $2,775 | $1.82 | 157d | 1 | 0.02mi |
| 13725 Messina Loop #201 Bradenton, FL | 2.0 | 2.0 | 1528 | $2,900 | $1.90 | 164d | 1 | 0.04mi |
| 13737 Messina Loop Bradenton, FL | 2.0 | 2.0 | 1528 | $4,750 | $3.11 | 110d | 1 | 0.04mi |
| 13737 Messina Loop #202 Bradenton, FL | 2.0 | 2.0 | 1528 | $6,500 | $4.25 | 6d | 1 | 0.05mi |
| 13823 Messina Loop Bradenton, FL | 2.0 | 2.0 | 1528 | $2,950 | $1.93 | 20d | 2 | 0.06mi |
| 13711 Messina Loop #203 Bradenton, FL | 2.0 | 2.0 | 1528 | $6,200 | $4.06 | 6d | 1 | 0.09mi |
| 13711 Messina Loop #104 Bradenton, FL | 2.0 | 2.0 | 1528 | $5,600 | $3.66 | 10d | 1 | 0.09mi |
| 13710 Messina Loop Bradenton, FL | 2.0 | 2.0 | 1528 | $5,350 | $3.50 | 10d | 2 | 0.11mi |
| 13703 Messina Loop #102 Bradenton, FL | 2.0 | 2.0 | 1528 | $2,750 | $1.80 | 164d | 1 | 0.13mi |
| 13720 Messina Loop Bradenton, FL | 2.0 | 2.0 | 1528 | $4,500 | $2.95 | 55d | 2 | 0.14mi |
| 13605 Messina Loop #104 Bradenton, FL | 2.0 | 2.0 | 1528 | $4,400 | $2.88 | 160d | 1 | 0.18mi |
| 13605 Messina Loop #104 Bradenton, FL | 2.0 | 2.0 | 1632 | $2,200 | $1.35 | 10d | 1 | 0.18mi |
| 13605 Messina Loop Bradenton, FL | 2.0 | 2.0 | 1528 | $3,450 | $2.26 | 164d | 2 | 0.18mi |
| 13604 Messina Loop #103 Bradenton, FL | 2.0 | 2.0 | 1528 | $6,500 | $4.25 | 10d | 1 | 0.19mi |
| 13604 Messina Loop #101 Bradenton, FL | 2.0 | 2.0 | 1528 | $2,750 | $1.80 | 6d | 1 | 0.19mi |
| 13241 Torresina Ter Bradenton, FL | 3.0 | 2.0 | 1920 | $3,900 | $2.03 | 127d | 1 | 0.43mi |
| 5733 Silver Palm Blvd Bradenton, FL | 2.0 | 2.0 | 1821 | $2,700 | $1.48 | 10d | 1 | 0.50mi |
| 5336 Vaccaro Ct Bradenton, FL | 3.0 | 2.0 | 1966 | $5,000 | $2.54 | 164d | 1 | 0.70mi |
| 14776 Lyla Ter Bradenton, FL | 3.0 | 2.5 | 1879 | $4,500 | $2.39 | 164d | 1 | 0.73mi |
| 14768 Lyla Ter Bradenton, FL | 3.0 | 2.5 | 1879 | $2,650 | $1.41 | 10d | 1 | 0.73mi |
| 14787 Lyla Ter Bradenton, FL | 3.0 | 2.5 | 1879 | $2,600 | $1.38 | 2d | 1 | 0.74mi |
| 14775 Lyla Ter Bradenton, FL | 3.0 | 2.5 | 1879 | $2,600 | $1.38 | 160d | 1 | 0.75mi |
| 14318 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1350 | $3,100 | $2.30 | 10d | 1 | 0.75mi |
| 14322 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1347 | $2,295 | $1.70 | 46d | 1 | 0.75mi |
| 14326 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1347 | $2,400 | $1.78 | 10d | 1 | 0.75mi |
| 14072 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1347 | $2,290 | $1.70 | 164d | 1 | 0.76mi |
| 14068 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1347 | $2,200 | $1.63 | 10d | 1 | 0.76mi |
| 14060 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1347 | $2,195 | $1.63 | 55d | 1 | 0.76mi |
| 14165 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1414 | $3,000 | $2.12 | 36d | 1 | 0.76mi |
| 14165 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1414 | $3,000 | $2.12 | 10d | 1 | 0.76mi |
| 14165 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1405 | $3,000 | $2.14 | 50d | 1 | 0.76mi |
| 14052 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1405 | $2,395 | $1.70 | 55d | 1 | 0.76mi |
| 14052 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1405 | $2,395 | $1.70 | 157d | 1 | 0.76mi |
| 14736 Lyla Ter Bradenton, FL | 3.0 | 2.5 | 1700 | $3,000 | $1.76 | 157d | 1 | 0.76mi |
| 14753 Lyla Ter Bradenton, FL | 3.0 | 2.5 | 1879 | $2,600 | $1.38 | 151d | 1 | 0.76mi |
| 15035 Sunny Day Dr Bradenton, FL | 3.0 | 2.5 | 1880 | $2,950 | $1.57 | 1d | 1 | 0.77mi |
| 15035 Sunny Day Dr Bradenton, FL | 3.0 | 2.5 | 1880 | $2,950 | $1.57 | 164d | 1 | 0.77mi |
| 14243 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1352 | $2,300 | $1.70 | 2d | 1 | 0.77mi |
| 15016 Misty Water Xing Unit NA Bradenton, FL | 3.0 | 3.0 | 1849 | $3,195 | $1.73 | 138d | 1 | 0.77mi |
| 14087 Lilac Sky Ter Bradenton, FL | 3.0 | 2.5 | 1352 | $2,250 | $1.66 | 123d | 1 | 0.78mi |
Property features AI
Finance
- Other
- Condo fee amount listed as $532 monthly (quarterly fee term shown)Condo fees listed as $1,595 (quarterly)
- Financial info
- Total monthly fees (including all assessments) approximately $1,378.33Total annual fees approximately $16,540Other annual assessment amount approximately $1,103Lease restrictions apply
- HOA & community
- HOA required (Esplanade Golf and Country Club - Travis Hill)Monthly HOA approximately $771.67Quarterly association fee approximately $2,315Association fees cover pool, escrow reserves, structure maintenance, grounds maintenance, management, recreational facilities, and securityCommunity amenities: clubhouse, fitness center, pool, tennis courts, golf, golf carts allowed, community mailbox, sidewalks, reclaimed water irrigation, deed restrictions, special community restrictionsPets allowed (maximum weight 35 lbs)
Exterior
- Parking
- 1-car garage
- Security
- Community security included in association
- Utilities
- Public waterPublic sewerCable availableBB/HS internet availableElectricity connectedNatural gas connectedWater connected
- Home design
- CondominiumOne-level livingSoutheast facing
- Construction
- Stucco constructionTile roofSlab foundationBuilt with 2 total stories in the building
- Exterior features
- Rear screened porchExterior lighting
Interior
- Kitchen
- DishwasherDisposalMicrowaveRangeRefrigeratorExhaust fan
- Bedrooms
- 2 bedrooms
- Flooring
- CarpetTile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Eat-in kitchenHigh ceilingsLiving room/dining room comboOpen floorplanThermostatWalk-in closet(s)
- Laundry & utility
- WasherDryerInside laundry room
HOA detail $1,378/mo · $16,536/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-11-08days on market $365,000 Active 208 DOM
-
2026-11-07days on market $365,000 Active 207 DOM
-
2026-11-06days on market $365,000 Active 206 DOM
-
2026-11-05days on market $365,000 Active 205 DOM
-
2026-11-04days on market $365,000 Active 204 DOM
-
2026-11-02days on market $365,000 Active 202 DOM
-
2026-11-01days on market $365,000 Active 201 DOM
-
2026-10-31days on market $365,000 Active 200 DOM
-
2026-10-30days on market $365,000 Active 199 DOM
-
2026-10-29days on market $365,000 Active 198 DOM
-
2026-10-28days on market $365,000 Active 197 DOM
-
2026-10-27days on market $365,000 Active 196 DOM
-
2026-10-26days on market $365,000 Active 195 DOM
-
2026-10-25days on market $365,000 Active 194 DOM
-
2026-10-24days on market $365,000 Active 193 DOM
-
2026-10-23days on market $365,000 Active 192 DOM
-
2026-10-22days on market $365,000 Active 191 DOM
-
2026-10-21days on market $365,000 Active 190 DOM
-
2026-10-20days on market $365,000 Active 189 DOM
-
2026-10-19days on market $365,000 Active 188 DOM
-
2026-10-18days on market $365,000 Active 187 DOM
-
2026-10-17days on market $365,000 Active 186 DOM
-
2026-10-16days on market $365,000 Active 185 DOM
-
2026-10-15days on market $365,000 Active 184 DOM
-
2026-10-14days on market $365,000 Active 183 DOM
-
2026-10-13days on market $365,000 Active 182 DOM
-
2026-10-12days on market $365,000 Active 181 DOM
-
2026-10-11days on market $365,000 Active 180 DOM
-
2026-10-10days on market $365,000 Active 179 DOM
-
2026-10-09days on market $365,000 Active 178 DOM
-
2026-10-08days on market $365,000 Active 177 DOM
-
2026-10-07days on market $365,000 Active 176 DOM
-
2026-10-06days on market $365,000 Active 175 DOM
-
2026-10-05days on market $365,000 Active 174 DOM
-
2026-10-04days on market $365,000 Active 173 DOM
-
2026-10-03days on market $365,000 Active 172 DOM
-
2026-10-02days on market $365,000 Active 171 DOM
-
2026-10-01days on market $365,000 Active 170 DOM
-
2026-09-30days on market $365,000 Active 169 DOM
-
2026-09-29days on market $365,000 Active 168 DOM
-
2026-09-28days on market $365,000 Active 167 DOM
-
2026-09-27days on market $365,000 Active 166 DOM
-
2026-09-25days on market $365,000 Active 164 DOM
-
2026-09-24days on market $365,000 Active 163 DOM
-
2026-09-22days on market $365,000 Active 161 DOM
-
2026-09-21days on market $365,000 Active 160 DOM
-
2026-09-20days on market $365,000 Active 159 DOM
-
2026-09-19days on market $365,000 Active 158 DOM
-
2026-09-18days on market $365,000 Active 157 DOM
-
2026-09-17days on market $365,000 Active 156 DOM
ⓘ 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
- $6,584 · $549/mo
- Projected year-2 tax
- $6,584 · $549/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 3/10 Moderate
- Heat 10/10 Extreme 7 d/yr ≥108°F today · 28 d/yr by 30 yrs out
- Wind 9/10 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $38,780
- − Mortgage interest
- −$20,446
- − Property taxes
- −$6,584
- − Insurance
- −$1,825
- − Repairs & maintenance
- −$3,102
- − Management
- −$3,102
- − HOA
- −$16,536
- − Depreciation
- −$10,618
- Taxable loss
- −$23,434
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$5,624
- After-tax cash flow
- $-11,654/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.
Condition & rehab AI · 12 photos
80/100
None rehab
This garden condominium in Esplanade Golf & Country Club is in excellent condition with a lease already in place, offering immediate income in a highly desirable Lakewood Ranch community.
Value-add opportunities
- Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics ↑
- Both Landscaping improvements — Enhances curb appeal and adds value ↑
- Both Upgrade kitchen appliances — Modernizes the kitchen and adds value ↑
- Both Upgrade bathroom fixtures — Modernizes the bathroom and adds value ↑
C
Composite school gradezoned avg 69/100
Zoned Schools
Elementary
B.d. Gullett Elementary School
A
FL #211/2,144
Nat'l #2,011/41,679
Middle
R. Dan Nolan Middle School
A
FL #38/571
Nat'l #472/14,009
High
Lakewood Ranch High School
C
FL #135/667
Nat'l #4,413/17,239
Schools (NCES district)
- District
- Manatee
- NCES district ID
- 1201230
- Math proficiency
- 54% ▼ -6.00%
- Reading proficiency
- 50% ▼ -2.00%
- Median HH income
- $49,607
- Composite
- 44.43/100
- National rank
- #2806
- State rank
- #26 of 73 in FL
Livability — Lakewood Ranch
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- Census place
- Lakewood Ranch, FL
- County
- Manatee County · 447,342 people
- City population
- 52,177
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 24,980
- Household income
- $119,911
- Rent vs Own
- Severe rent burden
- 10% of renters
Population outlook (Manatee County) Hauer SSP2
- Today (2025)
- 447,342 people
- By 2030
- 488,911 · +9.3%
- By 2040
- 567,934 · +27.0%
- By 2050
- 637,995 · +42.6%
- By 2075
- 781,970 · +74.8%
- By 2100
- 848,272 · +89.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (81%)
- Race & ethnicity
- White 81% Hispanic / Latino 11% Two or more races 10% Asian 3% Black 2% Native American 2%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 3% Cuban 3%
- Languages at home
- 81% English-only · Spanish 10% Other Indo-European 3% Russian/Polish/Slavic 2%
Political lean MEDSL · Manatee
- 2024 margin
- Strong R (+23.5) · D 37.9% · R 61.4%
- 2008→2024 swing
- -16.5pp toward R · 2008: -7.0pp · 2024: -23.5pp
- All cycles
- 2024: R+23.5 2020: R+16.1 2016: R+17.1 2012: R+12.5 2008: R+7.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -100.84%
- Current HPI
- 265.946
- Rent YoY
- ▼ -5.17%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+0.0% since first listed5 events — show timeline
- 2026-04-14 Listed $365,000 Stellar MLS as Distributed by MLS Grid
- 2022-12-03 Rental Removed — STELLARMLS
- 2022-01-13 Sold (Public Records) $365,000 Public Records
- 2022-01-11 Listed $365,000 Stellar MLS as Distributed by MLS Grid
- 2022-01-11 Sold (MLS) $365,000 Stellar MLS as Distributed by MLS Grid
Property tax history
+9.6%/yrLatest (2025): $6,584 · -9.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…