8780 Daybreak St · Lake Sarasota, FL 34241

$259,000

2 bd · 2.5 ba · 1,238 sqft · SingleFamily public records · 73 Days on market

Built 2023 Good condition 1,160 sqft lot $174/mo HOA · 6% 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 +18.2/30.0
• ARV discount +7.5/15.0
• 1% rule +6.2/10.0
• DSCR +5.7/10.0
• Schools +5.4/10.0
• Condition / age +4.0/5.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move-In Ready & Partially Furnished | Built 2023 | Townhome in Skye Ranch Why wait to build when this nearly-new 2023 Ivy floor plan is ready now and comes partially furnished. Nestled in Taylor Morrison's master-planned Skye Ranch community, this stylish 2BR/2.5BA townhome offers 1,187 sq ft of thoughtfully designed open-concept living in one of Sarasota's most sought-after locations. Step inside to a bright, functional layout where the kitchen anchors the front of the home, featuring a large pantry and convenient half bath, perfect for entertaining. The open dining and great room flow effortlessly to your private outdoor patio, ideal for morning coffee or evening unwinding. Upstairs, the primary suite offers a quiet retreat, joined by a second bedroom, full bath, and in-unit laundry. Residents enjoy two resort-style pool areas with cabanas, perfect for soaking up the Florida sunshine, along with a dog park, basketball court, and lush green spaces throughout the community. The Skye Ranch Trail system offers miles of walking and biking paths winding through scenic preserves and native wetlands, and the adjacent Turner Park features tennis, volleyball, baseball, softball, soccer fields, a bark park, and an adventure tot lot for the whole family.

Key facts

• Partially furnished
• Open concept living
• In unit laundry

Tags

• PARTIALLY FURNISHED
• TOWNHOME IN SKYE RANCH
• OPEN CONCEPT LIVING
• PRIVATE OUTDOOR PATIO
• IN UNIT LAUNDRY
• RESORT STYLE POOL AREAS

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath single-family listed at $259k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $234 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $259k).
• Recommended offer: $243k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#365 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing 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 soft (-0.1%/yr); 564 active listings in the ZIP; high-income renter base; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 73 days — a 6% lower offer ($243k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $243,460 (6.0% below list)

Questions for the listing agent

1. It's been on market 73 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.12% ✓
• Cap rate: 7.38%
• Cash-on-cash: 3.87%
• DSCR: 1.17
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -14.1%
• Equity multiple: 0.51×
• Total profit: $-35,376
• Equity at exit: $38,618

10-year hold

• IRR: -12.0%
• Equity multiple: 0.40×
• Total profit: $-43,698
• Equity at exit: $22,394

Cash invested: $72,520 (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 34241

• Rents YoY: -0.1%
• Active inventory: 564
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $2,910 medium
• Mortgage (P&I): −$1,358
• Tax from tax record: −$424 /mo · $5,093/yr
• Insurance: −$108
• HOA: −$174
• Vacancy / Maint / Mgmt: −$611
• Net cashflow: $234

Break-even live

Break-even rent $2,613

Max offer price $259,000

Occupancy floor 87%

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: $64,750
• Closing costs: $7,770
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $174 · $2,088/yr
• Likely covers: pool

Listing history 16 events

1. 2026-06-18
   days on market $259,000 Active 73 DOM
2. 2026-06-17
   days on market $259,000 Active 72 DOM
3. 2026-06-16
   days on market $259,000 Active 71 DOM
4. 2026-06-15
   days on market $259,000 Active 70 DOM
5. 2026-06-13
   days on market $259,000 Active 68 DOM
6. 2026-06-13
   days on market $259,000 Active 67 DOM
7. 2026-06-10
   days on market $259,000 Active 65 DOM
8. 2026-06-09
   days on market $259,000 Active 64 DOM
9. 2026-06-08
   days on market $259,000 Active 63 DOM
10. 2026-06-08
    days on market $259,000 Active 62 DOM
11. 2026-06-05
    days on market $259,000 Active 59 DOM
12. 2026-06-03
    days on market $259,000 Active 58 DOM
13. 2026-06-02
    days on market $259,000 Active 57 DOM
14. 2026-06-01
    days on market $259,000 Active 56 DOM
15. 2026-05-31
    days on market $259,000 Active 55 DOM
16. 2026-04-06
    listed $259,000 Active 1271-char remark

    Show marketing remark (1271 chars)

    Move-In Ready & Partially Furnished | Built 2023 | Townhome in Skye Ranch Why wait to build when this nearly-new 2023 Ivy floor plan is ready now and comes partially furnished. Nestled in Taylor Morrison's master-planned Skye Ranch community, this stylish 2BR/2.5BA townhome offers 1,187 sq ft of thoughtfully designed open-concept living in one of Sarasota's most sought-after locations. Step inside to a bright, functional layout where the kitchen anchors the front of the home, featuring a large pantry and convenient half bath, perfect for entertaining. The open dining and great room flow effortlessly to your private outdoor patio, ideal for morning coffee or evening unwinding. Upstairs, the primary suite offers a quiet retreat, joined by a second bedroom, full bath, and in-unit laundry. Residents enjoy two resort-style pool areas with cabanas, perfect for soaking up the Florida sunshine, along with a dog park, basketball court, and lush green spaces throughout the community. The Skye Ranch Trail system offers miles of walking and biking paths winding through scenic preserves and native wetlands, and the adjacent Turner Park features tennis, volleyball, baseball, softball, soccer fields, a bark park, and an adventure tot lot for the whole family.

ⓘ 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: $5,093 · $424/mo
• Projected year-2 tax: $5,093 · $424/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 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,916
• − Mortgage interest: −$14,508
• − Property taxes: −$5,093
• − Insurance: −$1,295
• − Repairs & maintenance: −$2,793
• − Management: −$2,793
• − HOA: −$2,088
• − Depreciation: −$7,535
• Taxable loss: −$1,189
• Est. tax savings @ 24.0%: +$285
• After-tax cash flow: $3,094/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 · 6 photos

Good 80/100 None rehab

This nearly-new 2023 townhome in Skye Ranch is move-in ready and partially furnished, with good condition and minimal maintenance required.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics
• Both Landscaping improvements — Enhances curb appeal and adds value
• Both New flooring in high-traffic areas — Freshens up the home and improves durability
• Both New kitchen appliances — Modernizes the kitchen and adds value
• Both New lighting fixtures — Enhances the home's ambiance and adds value

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Landscaping improvements — Enhances curb appeal and adds value ↑
• Both New flooring in high-traffic areas — Freshens up the home and improves durability ↑
• Both New kitchen appliances — Modernizes the kitchen and adds value ↑
• Both New lighting fixtures — Enhances the home's ambiance and adds value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Lake Sarasota

• Score: 72/100
• State rank: #365
• US rank: #6453

Category grades

Amenities F Commute F Cost of living B- Crime A+ Employment A+ 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
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 16,408
• Household income: $116,412
• Rent vs Own: 11.1% rent · 88.9% own
• Severe rent burden: 69.0

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 (89%)
• Race & ethnicity: White 89% Hispanic / Latino 8% Two or more races 6% Asian 1%
• Hispanic origin (detail): Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 7% Slovak 3% Scandinavian 2%
• Foreign-born: 10% · Canada, Dominican Republic
• Languages at home: 90% English-only · Spanish 3% Other Indo-European 3% Russian/Polish/Slavic 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: ▼ -363.72%
• Current HPI: 278.3404
• Rent YoY: ▬ -0.05%
• 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

1 event — show timeline

• 2026-04-06 Listed $259,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+31.6%/yr

Latest (2025): $5,093 · -4.7% YoY. Source: county tax records.