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6401 Floral Ct
D+ Composite 46.7
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).

  • Cash flow +14.8/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.7/10.0
  • Schools +5.4/10.0
  • DSCR +4.5/10.0
  • Livability +3.8/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$155,500

6401 Floral Ct · North Port, FL 34287
2 bd · 1.0 ba · 960 sqft · Manufactured public records · 262 Days on market
Built 1972 5,466 sqft lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

PRICE TO SELL!!! Holiday Park: A 55+ GATED COMMUNITY. CORNER LOT IN A CUL-DE-SAC WITH 2 BEDROOMS, 2 BATHROOMS. Public water and public sewer! METAL ROOF 12/2022, replaced all roof insulation (R40), NEW VAPOR BARRIER, NEW INSULATED CARPORT (wind-rated Florida) 1/2023, NEW FLOORING, UPGRADED KITCHEN, UPGRADED BOTH BATHROOMS, NEW HVAC, and repair duckwork. New ceilings 1/2023, NEW UNDER-HOUSE AND VAPOR BARRIER, NEW SHED 12/2022, NEW LANDSCAPING 3/2023, NEW A/C IN 2020, ELECTRIC UPDATED IN 2017, NEW STAINLESS APPLIANCES, PROPANE RANGE, CEILING FANS, WAINSCOTING, FRESHLY PAINTED, VINYL SIDING, AND ENCLOSED FLORIDA ROOM. Holiday Park is a gated, secure, and safe 55+ community. Amenities at the park include: Clubhouse 2 heated swimming pools Tennis courts Pickleball courts Bocce ball courts Horseshoe pits Billiards tables Exercise room with quality equipment Park Library arts and crafts room. Gated compounds for RVs, boats, and trailers. CONVENIENT TO CHURCHES, SHOPPING, RESTAURANTS AND NEAR BEACHES. Maintenance fees ARE INCLUDED IN THE PROPERTY TAX BILL. Excellent location, peaceful neighborhood, minutes from I-75 & Tamiami Trail! North Port is the perfect place to call home with a central location to shopping, dining, golfing, entertainment, medical facilities, award-winning beaches, and the Spring Training home of the 2021 World Series Champions, the Atlanta Braves. You don’t want to miss the opportunity to see this incredible home in person. All information deemed reliable, but not guaranteed; buyer to confirm all. Situated in a vibrant and thriving community minutes away from Warm Mineral Springs, this property promises a lifestyle filled with abundant sunshine, natural beauty, and coastal charm. GREAT ELEVATION! Nestled in the heart of North Port, this home benefits from its prime location, offering easy access to an array of amenities and attractions. Discover the nearby pristine Gulf beaches, where you can bask in the sun, partake in water activities, or simply relish the tranquility of the ocean. Embark on nautical adventures from the conveniently located marinas, allowing you to explore the region's captivating waterways and nearby islands. North Port is known for its thriving shopping and dining scene, featuring a diverse range of retail centers, boutiques, and restaurants. Immerse yourself in the vibrant downtown area, boasting charming shops, art galleries, and entertainment venues. The city hosts numerous cultural events, festivals, and community gatherings throughout the year, ensuring there's always something exciting happening. Beyond the city's amenities, this home offers proximity to breathtaking nature parks and preserves. Lose yourself in the beauty of Charlotte Harbor Preserve State Park, where scenic trails, wildlife sightings, and peaceful waterways await exploration. Nature enthusiasts will find endless opportunities to connect with the outdoors just moments away from this property. North Port also boasts excellent educational institutions, reliable medical facilities, and convenient transportation options. The city's welcoming community and strong sense of belonging make it an ideal place to establish roots and create lasting memories. Experience the best Florida living, with nearby beaches, golf courses, and outdoor recreational activities just a short drive away. Don't miss out on the chance to own this extraordinary home.

Key facts

  • Gated community
  • Metal roof
  • New vapor barrier

Tags

GATED COMMUNITYCORNER LOTCUL-DE-SACMETAL ROOFNEW VAPOR BARRIERNEW INSULATED CARPORT

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/1.0-bath manufactured listed at $156k.

Deal economics

  • At list price, monthly cash flow is $-24 ($-283/yr) — negative.
  • To cash-flow at today's rent, offer at most $151k (2.7% below list).
  • Meets the 1% rule at list price ($2k rent vs $156k).
  • Recommended offer: $137k (12.0% below list) — sets the bar for market timing.
  • Cap rate 6.6% vs local median 3.8% in North Port — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 75/100 on livability (#252 in FL, #3,975 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: 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.
  • Zoned schools: Lamarque Elementary School (math 61% / reading 58%, grade B-, #690 of 2,144 statewide, top 34%, 1,073 students, 68% FRL); Heron Creek Middle School (math 54% / reading 52%, grade C+, #209 of 571 statewide, top 37%, 902 students, 72% FRL); North Port High School (math 44% / reading 57%, grade D+, #171 of 667 statewide, top 26%, 2,562 students, 54% FRL) — zoned schools average 65% FRL vs 42% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents flat; 857 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($63k/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 $5k 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 262 days — a 12% lower offer ($137k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 16y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $130k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: property tax is 3.0% of price; flood insurance adds $66/mo.
  • Climate carrying-cost: severe 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 $136,840 (12.0% 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 262 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  5. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. Schools are B-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?
  9. 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?
  10. 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.
  11. 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.
  12. 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
1.07%
Cap rate
6.62%
Cash-on-cash
1.18%
DSCR
1.05
GRM
7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.26% rent growth · sell at horizon

5-year hold
IRR
-21.1%
Equity multiple
0.29×
Total profit
$-30,973
Equity at exit
$23,186
10-year hold
IRR
-25.4%
Equity multiple
-0.04×
Total profit
$-45,471
Equity at exit
$13,445

Cash invested: $43,540 (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 34287

Home prices YoY
-20.1%
Rents YoY
0.3%
Active inventory
857
Price-to-rent
7.8×

Monthly cashflow live

Estimated rent
$1,662 medium interval (Pro) →
Mortgage (P&I)
$815
Tax from tax record
$390 /mo · $4,677/yr
Insurance
$65
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$349
Net cashflow
$-24

Break-even live

Break-even rent $1,692
Max offer price $151,336
Occupancy floor 96%

Sensitivity live

Price -10% $64 -5% $20 +0% $-24 +5% $-68 +10% $-112
Rent -10% $-155 -5% $-89 +0% $-24 +5% $42 +10% $108
Rate -1.0pp $55 -0.5pp $16 base $-24 +0.5pp $-64 +1.0pp $-105

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
$38,875
Closing costs
$4,665
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.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
12395 Chancellor Blvd Port Charlotte, FL 2.0 1.0 1004 $1,600 $1.59 23d 1 0.81mi

Listing history 29 events

  1. 2026-06-21
    days on market $155,500 Active 262 DOM
  2. 2026-06-18
    days on market $155,500 Active 259 DOM
  3. 2026-06-17
    days on market $155,500 Active 258 DOM
  4. 2026-06-15
    days on market $155,500 Active 256 DOM
  5. 2026-06-13
    days on market $155,500 Active 254 DOM
  6. 2026-06-13
    days on market $155,500 Active 253 DOM
  7. 2026-06-10
    days on market $155,500 Active 251 DOM
  8. 2026-06-09
    days on market $155,500 Active 250 DOM
  9. 2026-06-08
    days on market $155,500 Active 248 DOM
  10. 2026-06-05
    days on market $155,500 Active 245 DOM
  11. 2026-06-03
    days on market $155,500 Active 244 DOM
  12. 2026-06-02
    days on market $155,500 Active 243 DOM
  13. 2026-06-01
    days on market $155,500 Active 242 DOM
  14. 2026-05-31
    days on market $155,500 Active 241 DOM
  15. 2026-03-13
    price $155,500 3417-char remark
    Show marketing remark (3417 chars)

    PRICE TO SELL!!! Holiday Park: A 55+ GATED COMMUNITY. CORNER LOT IN A CUL-DE-SAC WITH 2 BEDROOMS, 2 BATHROOMS. Public water and public sewer! METAL ROOF 12/2022, replaced all roof insulation (R40), NEW VAPOR BARRIER, NEW INSULATED CARPORT (wind-rated Florida) 1/2023, NEW FLOORING, UPGRADED KITCHEN, UPGRADED BOTH BATHROOMS, NEW HVAC, and repair duckwork. New ceilings 1/2023, NEW UNDER-HOUSE AND VAPOR BARRIER, NEW SHED 12/2022, NEW LANDSCAPING 3/2023, NEW A/C IN 2020, ELECTRIC UPDATED IN 2017, NEW STAINLESS APPLIANCES, PROPANE RANGE, CEILING FANS, WAINSCOTING, FRESHLY PAINTED, VINYL SIDING, AND ENCLOSED FLORIDA ROOM. Holiday Park is a gated, secure, and safe 55+ community. Amenities at the park include: Clubhouse 2 heated swimming pools Tennis courts Pickleball courts Bocce ball courts Horseshoe pits Billiards tables Exercise room with quality equipment Park Library arts and crafts room. Gated compounds for RVs, boats, and trailers. CONVENIENT TO CHURCHES, SHOPPING, RESTAURANTS AND NEAR BEACHES. Maintenance fees ARE INCLUDED IN THE PROPERTY TAX BILL. Excellent location, peaceful neighborhood, minutes from I-75 & Tamiami Trail! North Port is the perfect place to call home with a central location to shopping, dining, golfing, entertainment, medical facilities, award-winning beaches, and the Spring Training home of the 2021 World Series Champions, the Atlanta Braves. You don’t want to miss the opportunity to see this incredible home in person. All information deemed reliable, but not guaranteed; buyer to confirm all. Situated in a vibrant and thriving community minutes away from Warm Mineral Springs, this property promises a lifestyle filled with abundant sunshine, natural beauty, and coastal charm. GREAT ELEVATION! Nestled in the heart of North Port, this home benefits from its prime location, offering easy access to an array of amenities and attractions. Discover the nearby pristine Gulf beaches, where you can bask in the sun, partake in water activities, or simply relish the tranquility of the ocean. Embark on nautical adventures from the conveniently located marinas, allowing you to explore the region's captivating waterways and nearby islands. North Port is known for its thriving shopping and dining scene, featuring a diverse range of retail centers, boutiques, and restaurants. Immerse yourself in the vibrant downtown area, boasting charming shops, art galleries, and entertainment venues. The city hosts numerous cultural events, festivals, and community gatherings throughout the year, ensuring there's always something exciting happening. Beyond the city's amenities, this home offers proximity to breathtaking nature parks and preserves. Lose yourself in the beauty of Charlotte Harbor Preserve State Park, where scenic trails, wildlife sightings, and peaceful waterways await exploration. Nature enthusiasts will find endless opportunities to connect with the outdoors just moments away from this property. North Port also boasts excellent educational institutions, reliable medical facilities, and convenient transportation options. The city's welcoming community and strong sense of belonging make it an ideal place to establish roots and create lasting memories. Experience the best Florida living, with nearby beaches, golf courses, and outdoor recreational activities just a short drive away. Don't miss out on the chance to own this extraordinary home.

  16. 2026-01-19
    price $165,500 3417-char remark
    Show marketing remark (3417 chars)

    PRICE TO SELL!!! Holiday Park: A 55+ GATED COMMUNITY. CORNER LOT IN A CUL-DE-SAC WITH 2 BEDROOMS, 2 BATHROOMS. Public water and public sewer! METAL ROOF 12/2022, replaced all roof insulation (R40), NEW VAPOR BARRIER, NEW INSULATED CARPORT (wind-rated Florida) 1/2023, NEW FLOORING, UPGRADED KITCHEN, UPGRADED BOTH BATHROOMS, NEW HVAC, and repair duckwork. New ceilings 1/2023, NEW UNDER-HOUSE AND VAPOR BARRIER, NEW SHED 12/2022, NEW LANDSCAPING 3/2023, NEW A/C IN 2020, ELECTRIC UPDATED IN 2017, NEW STAINLESS APPLIANCES, PROPANE RANGE, CEILING FANS, WAINSCOTING, FRESHLY PAINTED, VINYL SIDING, AND ENCLOSED FLORIDA ROOM. Holiday Park is a gated, secure, and safe 55+ community. Amenities at the park include: Clubhouse 2 heated swimming pools Tennis courts Pickleball courts Bocce ball courts Horseshoe pits Billiards tables Exercise room with quality equipment Park Library arts and crafts room. Gated compounds for RVs, boats, and trailers. CONVENIENT TO CHURCHES, SHOPPING, RESTAURANTS AND NEAR BEACHES. Maintenance fees ARE INCLUDED IN THE PROPERTY TAX BILL. Excellent location, peaceful neighborhood, minutes from I-75 & Tamiami Trail! North Port is the perfect place to call home with a central location to shopping, dining, golfing, entertainment, medical facilities, award-winning beaches, and the Spring Training home of the 2021 World Series Champions, the Atlanta Braves. You don’t want to miss the opportunity to see this incredible home in person. All information deemed reliable, but not guaranteed; buyer to confirm all. Situated in a vibrant and thriving community minutes away from Warm Mineral Springs, this property promises a lifestyle filled with abundant sunshine, natural beauty, and coastal charm. GREAT ELEVATION! Nestled in the heart of North Port, this home benefits from its prime location, offering easy access to an array of amenities and attractions. Discover the nearby pristine Gulf beaches, where you can bask in the sun, partake in water activities, or simply relish the tranquility of the ocean. Embark on nautical adventures from the conveniently located marinas, allowing you to explore the region's captivating waterways and nearby islands. North Port is known for its thriving shopping and dining scene, featuring a diverse range of retail centers, boutiques, and restaurants. Immerse yourself in the vibrant downtown area, boasting charming shops, art galleries, and entertainment venues. The city hosts numerous cultural events, festivals, and community gatherings throughout the year, ensuring there's always something exciting happening. Beyond the city's amenities, this home offers proximity to breathtaking nature parks and preserves. Lose yourself in the beauty of Charlotte Harbor Preserve State Park, where scenic trails, wildlife sightings, and peaceful waterways await exploration. Nature enthusiasts will find endless opportunities to connect with the outdoors just moments away from this property. North Port also boasts excellent educational institutions, reliable medical facilities, and convenient transportation options. The city's welcoming community and strong sense of belonging make it an ideal place to establish roots and create lasting memories. Experience the best Florida living, with nearby beaches, golf courses, and outdoor recreational activities just a short drive away. Don't miss out on the chance to own this extraordinary home.

  17. 2025-10-02
    listed $175,000 Active 3417-char remark
    Show marketing remark (3417 chars)

    PRICE TO SELL!!! Holiday Park: A 55+ GATED COMMUNITY. CORNER LOT IN A CUL-DE-SAC WITH 2 BEDROOMS, 2 BATHROOMS. Public water and public sewer! METAL ROOF 12/2022, replaced all roof insulation (R40), NEW VAPOR BARRIER, NEW INSULATED CARPORT (wind-rated Florida) 1/2023, NEW FLOORING, UPGRADED KITCHEN, UPGRADED BOTH BATHROOMS, NEW HVAC, and repair duckwork. New ceilings 1/2023, NEW UNDER-HOUSE AND VAPOR BARRIER, NEW SHED 12/2022, NEW LANDSCAPING 3/2023, NEW A/C IN 2020, ELECTRIC UPDATED IN 2017, NEW STAINLESS APPLIANCES, PROPANE RANGE, CEILING FANS, WAINSCOTING, FRESHLY PAINTED, VINYL SIDING, AND ENCLOSED FLORIDA ROOM. Holiday Park is a gated, secure, and safe 55+ community. Amenities at the park include: Clubhouse 2 heated swimming pools Tennis courts Pickleball courts Bocce ball courts Horseshoe pits Billiards tables Exercise room with quality equipment Park Library arts and crafts room. Gated compounds for RVs, boats, and trailers. CONVENIENT TO CHURCHES, SHOPPING, RESTAURANTS AND NEAR BEACHES. Maintenance fees ARE INCLUDED IN THE PROPERTY TAX BILL. Excellent location, peaceful neighborhood, minutes from I-75 & Tamiami Trail! North Port is the perfect place to call home with a central location to shopping, dining, golfing, entertainment, medical facilities, award-winning beaches, and the Spring Training home of the 2021 World Series Champions, the Atlanta Braves. You don’t want to miss the opportunity to see this incredible home in person. All information deemed reliable, but not guaranteed; buyer to confirm all. Situated in a vibrant and thriving community minutes away from Warm Mineral Springs, this property promises a lifestyle filled with abundant sunshine, natural beauty, and coastal charm. GREAT ELEVATION! Nestled in the heart of North Port, this home benefits from its prime location, offering easy access to an array of amenities and attractions. Discover the nearby pristine Gulf beaches, where you can bask in the sun, partake in water activities, or simply relish the tranquility of the ocean. Embark on nautical adventures from the conveniently located marinas, allowing you to explore the region's captivating waterways and nearby islands. North Port is known for its thriving shopping and dining scene, featuring a diverse range of retail centers, boutiques, and restaurants. Immerse yourself in the vibrant downtown area, boasting charming shops, art galleries, and entertainment venues. The city hosts numerous cultural events, festivals, and community gatherings throughout the year, ensuring there's always something exciting happening. Beyond the city's amenities, this home offers proximity to breathtaking nature parks and preserves. Lose yourself in the beauty of Charlotte Harbor Preserve State Park, where scenic trails, wildlife sightings, and peaceful waterways await exploration. Nature enthusiasts will find endless opportunities to connect with the outdoors just moments away from this property. North Port also boasts excellent educational institutions, reliable medical facilities, and convenient transportation options. The city's welcoming community and strong sense of belonging make it an ideal place to establish roots and create lasting memories. Experience the best Florida living, with nearby beaches, golf courses, and outdoor recreational activities just a short drive away. Don't miss out on the chance to own this extraordinary home.

  18. 2025-07-18
    historical
  19. 2025-03-12
    price $175,000
  20. 2025-01-29
    listed $190,000 Active
  21. 2021-08-18
    soldstatus $130,000 Closed
  22. 2021-08-18
    soldstatus $130,000
  23. 2021-07-14
    status Pending
  24. 2021-06-17
    listed $139,900 Active
  25. 2016-04-25
    soldstatus $60,000
  26. 2013-02-27
    soldstatus $30,000
  27. 2010-12-06
    listed $39,900
  28. 1988-06-23
    soldstatus $35,000
  29. 1974-02-01
    soldstatus $19,500

ⓘ 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
$4,677 · $390/mo
Projected year-2 tax
$4,677 · $390/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 8/10 Severe FEMA zone X (shaded) · 97% 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 3/10 Moderate 2 unhealthy d/yr today · 3 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
$19,942
− Mortgage interest
−$8,710
− Property taxes
−$4,677
− Insurance
−$1,575
− Repairs & maintenance
−$1,595
− Management
−$1,595
− Depreciation
−$4,524
Taxable loss
−$2,734
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$656
After-tax cash flow
$373/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 — North Port

Score
75/100
State rank
#252
US rank
#3975

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
North Port, FL
County
Sarasota County · 448,376 people
City population
75,324
Metro
North Port-Sarasota-Bradenton, FL
Population (ZIP)
25,929
Household income
$63,464
Rent vs Own
19.1% rent · 80.9% own
Severe rent burden
522.0

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 (77%)
Race & ethnicity
White 77% Hispanic / Latino 14% Two or more races 7% Asian 4% Black 3%
Hispanic origin (detail)
Mexican 2% Puerto Rican 3% Cuban 3% Dominican 1%
Common ancestry
Romanian 4% Scotch-Irish 3% Lithuanian 3%
Foreign-born
16% · Canada, Philippines
Languages at home
81% English-only · Spanish 8% Russian/Polish/Slavic 5% French/Haitian/Cajun 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
▼ -70.89%
Current HPI
280.8484
Rent YoY
▲ 0.26%
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

+697.4% since first listed
15 events — show timeline
  • 2026-03-13 Price Changed $155,500 Stellar MLS as Distributed by MLS Grid
  • 2026-01-19 Price Changed $165,500 Stellar MLS as Distributed by MLS Grid
  • 2025-10-02 Listed $175,000 Stellar MLS as Distributed by MLS Grid
  • 2025-07-18 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2025-03-12 Price Changed $175,000 Stellar MLS as Distributed by MLS Grid
  • 2025-01-29 Listed $190,000 Stellar MLS as Distributed by MLS Grid
  • 2021-08-18 Sold (Public Records) $130,000 Public Records
  • 2021-08-18 Sold (MLS) $130,000 Stellar MLS as Distributed by MLS Grid
  • 2021-07-14 Pending Stellar MLS as Distributed by MLS Grid
  • 2021-06-17 Listed $139,900 Stellar MLS as Distributed by MLS Grid
  • 2016-04-25 Sold (Public Records) $60,000 Public Records
  • 2013-02-27 Sold (MLS) $30,000 Stellar MLS as Distributed by MLS Grid
  • 2010-12-06 Listed $39,900 Stellar MLS as Distributed by MLS Grid
  • 1988-06-23 Sold (Public Records) $35,000 Public Records
  • 1974-02-01 Sold (Public Records) $19,500 Public Records

Property tax history

+8.6%/yr

Latest (2025): $4,677 · +18.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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