3035 Shamrock Dr · South Venice, FL 34293

$319,000

3 bd · 2.5 ba · 1,069 sqft · SingleFamily public records · 120 Days on market

Built 1970 9,600 sqft lot

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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 +12.9/30.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• DSCR +3.8/10.0
• Livability +3.4/5.0
• 1% rule +2.7/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 3035 Shamrock Dr, Venice, FL 34293, a solid block-constructed 3-bedroom, 2-bath home set on just under a quarter acre, offering space, privacy, and an unbeatable Venice location. Inside, you’ll find large tile flooring throughout, creating a clean, cohesive look and easy maintenance, while the kitchen features granite countertops, stainless steel appliances, and ample cabinetry for everyday functionality and entertaining. The split-bedroom layout provides comfort and flexibility, and an outdoor shower adds a practical touch for rinsing off after beach days or yard projects. Major improvements include impact-resistant windows and doors (2024), clothes washer & dryer (2024), AC (2025), roof (2020), electric panel (2021) and a water heater (2026), providing peace of mind and insurance-friendly features. Step outside to a fully fenced backyard with a storage shed and nearly quarter-acre footprint, offering privacy and endless potential — an ideal blank canvas for your future outdoor oasis with plenty of room to add a pool, spa, garden, or expanded entertaining space. Located in Flood Zone X with no HOA or CDD fees, this property offers flexibility, cost savings, and everyday ease of ownership. Enjoy being just 1 mile to Shamrock Park & Nature Center, featuring walking trails, tennis courts, playgrounds, and access to the Legacy Trail, and only 3 miles to historic Downtown Venice Island, where boutique shopping, waterfront dining, farmers markets, and Gulf Coast beaches create the lifestyle buyers dream about. Whether you’re seeking a full-time residence, seasonal retreat, or investment opportunity, this home combines location, updates, and outdoor potential in one of Venice’s most desirable areas. Schedule your private showing today and discover the lifestyle waiting for you.

Key facts

• Split bedroom layout
• Outdoor shower
• Block constructed

Tags

• BLOCK CONSTRUCTED
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• SPLIT BEDROOM LAYOUT
• OUTDOOR SHOWER
• IMPACT RESISTANT WINDOWS

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $319k.

Deal economics

• At list price, monthly cash flow is $-26 ($-309/yr) — negative.
• To cash-flow at today's rent, offer at most $314k (1.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $246k (22.9% below list).
• Recommended offer: $246k (22.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 67/100 on livability (#549 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A-, cost of living A-; Watch: schools F, 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 flat; 1247 active listings in the ZIP; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 33% of the median local income ($90k/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 $2k of loan paydown is wiped out by about $10k 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 120 days — a 9% lower offer ($290k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 21y ago; this cycle's ask has dropped $18k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $134k; list at $319k implies a 138% 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 $245,876 (22.9% 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 120 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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?
8. 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.
9. 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.
10. 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: 0.77% ✗
• Cap rate: 6.20%
• Cash-on-cash: -0.35%
• DSCR: 0.98
• GRM: 10.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.7% rent growth · sell at horizon

5-year hold

• IRR: -19.2%
• Equity multiple: 0.34×
• Total profit: $-59,001
• Equity at exit: $47,564

10-year hold

• IRR: -16.9%
• Equity multiple: 0.15×
• Total profit: $-75,722
• Equity at exit: $27,581

Cash invested: $89,320 (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 34293

• Rents YoY: 0.7%
• Active inventory: 1247
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $2,459 medium
• Mortgage (P&I): −$1,673
• Tax from tax record: −$162 /mo · $1,948/yr
• Insurance: −$133
• HOA: −$0
• Vacancy / Maint / Mgmt: −$516
• Net cashflow: $-26

Break-even live

Break-even rent $2,491

Max offer price $314,456

Occupancy floor 96%

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: $79,750
• Closing costs: $9,570
• Reserves months: —
• Total cash needed: —

Listing history 37 events

1. 2026-06-18
   days on market $319,000 Active 120 DOM
2. 2026-06-17
   pricedays on market $319,000 Active 119 DOM
3. 2026-06-16
   days on market $326,000 Active 118 DOM
4. 2026-06-15
   days on market $326,000 Active 117 DOM
5. 2026-06-13
   days on market $326,000 Active 115 DOM
6. 2026-06-13
   days on market $326,000 Active 114 DOM
7. 2026-06-10
   days on market $326,000 Active 112 DOM
8. 2026-06-09
   days on market $326,000 Active 111 DOM
9. 2026-06-08
   days on market $326,000 Active 110 DOM
10. 2026-06-08
    days on market $326,000 Active 109 DOM
11. 2026-06-05
    days on market $326,000 Active 106 DOM
12. 2026-06-03
    days on market $326,000 Active 105 DOM
13. 2026-06-02
    days on market $326,000 Active 104 DOM
14. 2026-06-01
    days on market $326,000 Active 103 DOM
15. 2026-05-31
    days on market $326,000 Active 102 DOM
16. 2026-03-18
    price $326,000 1849-char remark

    Show marketing remark (1849 chars)

    Welcome to 3035 Shamrock Dr, Venice, FL 34293, a solid block-constructed 3-bedroom, 2-bath home set on just under a quarter acre, offering space, privacy, and an unbeatable Venice location. Inside, you’ll find large tile flooring throughout, creating a clean, cohesive look and easy maintenance, while the kitchen features granite countertops, stainless steel appliances, and ample cabinetry for everyday functionality and entertaining. The split-bedroom layout provides comfort and flexibility, and an outdoor shower adds a practical touch for rinsing off after beach days or yard projects. Major improvements include impact-resistant windows and doors (2024), clothes washer & dryer (2024), AC (2025), roof (2020), electric panel (2021) and a water heater (2026), providing peace of mind and insurance-friendly features. Step outside to a fully fenced backyard with a storage shed and nearly quarter-acre footprint, offering privacy and endless potential — an ideal blank canvas for your future outdoor oasis with plenty of room to add a pool, spa, garden, or expanded entertaining space. Located in Flood Zone X with no HOA or CDD fees, this property offers flexibility, cost savings, and everyday ease of ownership. Enjoy being just 1 mile to Shamrock Park & Nature Center, featuring walking trails, tennis courts, playgrounds, and access to the Legacy Trail, and only 3 miles to historic Downtown Venice Island, where boutique shopping, waterfront dining, farmers markets, and Gulf Coast beaches create the lifestyle buyers dream about. Whether you’re seeking a full-time residence, seasonal retreat, or investment opportunity, this home combines location, updates, and outdoor potential in one of Venice’s most desirable areas. Schedule your private showing today and discover the lifestyle waiting for you.

17. 2026-02-18
    listed $337,400 Active 1849-char remark

    Show marketing remark (1849 chars)

    Welcome to 3035 Shamrock Dr, Venice, FL 34293, a solid block-constructed 3-bedroom, 2-bath home set on just under a quarter acre, offering space, privacy, and an unbeatable Venice location. Inside, you’ll find large tile flooring throughout, creating a clean, cohesive look and easy maintenance, while the kitchen features granite countertops, stainless steel appliances, and ample cabinetry for everyday functionality and entertaining. The split-bedroom layout provides comfort and flexibility, and an outdoor shower adds a practical touch for rinsing off after beach days or yard projects. Major improvements include impact-resistant windows and doors (2024), clothes washer & dryer (2024), AC (2025), roof (2020), electric panel (2021) and a water heater (2026), providing peace of mind and insurance-friendly features. Step outside to a fully fenced backyard with a storage shed and nearly quarter-acre footprint, offering privacy and endless potential — an ideal blank canvas for your future outdoor oasis with plenty of room to add a pool, spa, garden, or expanded entertaining space. Located in Flood Zone X with no HOA or CDD fees, this property offers flexibility, cost savings, and everyday ease of ownership. Enjoy being just 1 mile to Shamrock Park & Nature Center, featuring walking trails, tennis courts, playgrounds, and access to the Legacy Trail, and only 3 miles to historic Downtown Venice Island, where boutique shopping, waterfront dining, farmers markets, and Gulf Coast beaches create the lifestyle buyers dream about. Whether you’re seeking a full-time residence, seasonal retreat, or investment opportunity, this home combines location, updates, and outdoor potential in one of Venice’s most desirable areas. Schedule your private showing today and discover the lifestyle waiting for you.

18. 2023-03-27
    historical
19. 2022-10-16
    listed $370,000 Active
20. 2015-07-17
    soldstatus $134,000 Sold
21. 2015-07-17
    soldstatus $134,000
22. 2015-06-19
    historical Active with Contract
23. 2015-06-16
    historical
24. 2015-04-25
    historical Active with Contract
25. 2015-04-18
    price $147,000
26. 2015-04-02
    price $152,500
27. 2015-03-01
    listed $149,900 Active
28. 2014-12-29
    soldstatus $37,500 Sold
29. 2014-07-21
    historical
30. 2014-07-20
    listed $25,000
31. 2005-10-27
    soldstatus $220,000
32. 2005-10-21
    soldstatus $220,000
33. 2005-08-09
    listed $219,900
34. 2005-04-15
    soldstatus $155,000
35. 2005-04-01
    soldstatus $155,000
36. 2002-05-06
    soldstatus $87,900
37. 1980-07-01
    soldstatus $43,500

ⓘ 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: $1,948 · $162/mo
• Projected year-2 tax: $2,648 · $221/mo
• Expected delta: +$699/yr (+$58/mo · 35.9%)

ⓘ 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 2/10 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: $29,505
• − Mortgage interest: −$17,869
• − Property taxes: −$1,948
• − Insurance: −$1,595
• − Repairs & maintenance: −$2,360
• − Management: −$2,360
• − Depreciation: −$9,280
• Taxable loss: −$5,908
• Est. tax savings @ 24.0%: +$1,418
• After-tax cash flow: $1,109/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 — South Venice

• Score: 67/100
• State rank: #549
• US rank: #10377

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Venice, FL
• County: Sarasota County · 448,376 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 50,278
• Household income: $90,038
• Rent vs Own: 11.3% rent · 88.7% own
• Severe rent burden: 548.0

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 (90%)
• Race & ethnicity: White 90% Hispanic / Latino 5% Two or more races 4% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Romanian 7% Lithuanian 4% Slovak 3%
• Foreign-born: 9% · Canada, China, Dominican Republic
• Languages at home: 90% English-only · Spanish 3% Russian/Polish/Slavic 2% French/Haitian/Cajun 1%

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: ▼ -355.64%
• Current HPI: 270.5242
• Rent YoY: ▲ 0.70%
• 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

+649.4% since first listed

22 events — show timeline

• 2026-03-18 Price Changed $326,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-18 Listed $337,400 Stellar MLS as Distributed by MLS Grid
• 2023-03-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-10-16 Listed $370,000 Stellar MLS as Distributed by MLS Grid
• 2015-07-17 Sold (Public Records) $134,000 Public Records
• 2015-07-17 Sold (MLS) $134,000 Stellar MLS as Distributed by MLS Grid
• 2015-06-19 Contingent — Stellar MLS as Distributed by MLS Grid
• 2015-06-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-04-25 Contingent — Stellar MLS as Distributed by MLS Grid
• 2015-04-18 Price Changed $147,000 Stellar MLS as Distributed by MLS Grid
• 2015-04-02 Price Changed $152,500 Stellar MLS as Distributed by MLS Grid
• 2015-03-01 Listed $149,900 Stellar MLS as Distributed by MLS Grid
• 2014-12-29 Sold (MLS) $37,500 Stellar MLS as Distributed by MLS Grid
• 2014-07-21 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2014-07-20 Listed $25,000 Stellar MLS as Distributed by MLS Grid
• 2005-10-27 Sold (Public Records) $220,000 Public Records
• 2005-10-21 Sold (MLS) $220,000 Stellar MLS as Distributed by MLS Grid
• 2005-08-09 Listed $219,900 Stellar MLS as Distributed by MLS Grid
• 2005-04-15 Sold (Public Records) $155,000 Public Records
• 2005-04-01 Sold (Public Records) $155,000 Public Records
• 2002-05-06 Sold (Public Records) $87,900 Public Records
• 1980-07-01 Sold (Public Records) $43,500 Public Records

Property tax history

+7.8%/yr

Latest (2025): $1,948 · +3.6% YoY. Source: county tax records.