1320 Seagull Dr · Englewood, FL 34224

$217,999

2 bd · 2.0 ba · 984 sqft · Manufactured public records · 42 Days on market

Built 1973 7,499 sqft lot $10/mo HOA

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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 +13.0/30.0
• ARV discount +7.5/15.0
• Schools +4.6/10.0
• 1% rule +4.2/10.0
• DSCR +3.9/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

YOU CAN HAVE IT ALL!Take a look at this beautifully Updated 2BD/2BA/1CP Doublewide manuf. home w/ CAGED POOL on SALTWATER CANAL w/ dock, fish house, & COVERED 8,000# BOAT LIFT w/ DIRECT ACCESS to Lemon Bay!Living room has wood laminate flooring & ceiling fan & opens onto the Formal Dining room, also w/ wood laminate flooring. The petite Kitchen has everything the cook in the family will enjoy such as ample cabinetry, tiled countertops, ceiling fan & tiled flooring. Appliances include:Samsung microwave, smooth top stove, dishwasher & Whirlpool double door refrigerator. Master bedroom has wood laminate flooring, ceiling fan & walk in closet. Master bath has updated vanity, mirror, light & step in shower w/ door. Guest bedroom has wood laminate flooring, ceiling fan & 3 closets. Soon to become your favorite room in the house, the Florida Room on the lower level has carpeted flooring & ceiling fan. This can also serve as the carport, as the entire front screened area opens for access. Soak up all the Florida sunshine on the Travertine floored Pool deck or float around in the heated pool. Utility room/workshop off pool area houses the washer/dryer. Other highlights include roof w/ transferable warranty replaced 2017, sprinkler system on city water, on demand water heater, pool pump late 2015, impact hurricane panels & tropical landscaping. Fido will feel right at home w/ his own doggy door & outside run. Bring your boat & Live the good life here! Close to area beaches, shopping, golfing, & lots of quaint restaurants!

Key facts

• Private dock
• Fenced dog run
• Access to water

Tags

• PRIVATE DOCK
• 8000 LB BOAT LIFT
• ACCESS TO WATER
• FENCED DOG RUN

Property features AI

Finance

• Financial info: Lease restrictions apply
• HOA & community: Has HOA (optional association fee); Association fee $125 (annual); Senior community; Pets allowed

Exterior

• Parking: Driveway; 1-car carport
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Broadband/high-speed internet available
• Home design: Mobile home (double wide); One story; Faces east; On waterfront (canal - brackish) with water access and canal view
• Construction: Vinyl siding; Metal roof; Crawlspace foundation; Built as a double wide
• Exterior features: Rear screened porch; Screened patio/porch; Dog run; Sliding doors; Storage; Private pool with screen enclosure; Boathouse; Boat lift; Riprap; Landscaped lot; Paved surfaces; Fruit trees; Mature landscaping; Trees/landscaped

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Ceiling fans; Solid surface counters; Thermostat; Florida room; Formal living room (separate); Great room; Inside utility; Storage rooms
• Laundry & utility: Washer; Electric dryer hookup; Laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $218k.

Deal economics

• At list price, monthly cash flow is $-78 ($-935/yr) — negative.
• To cash-flow at today's rent, offer at most $204k (6.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $201k (7.8% below list).
• Recommended offer: $201k (7.8% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 3.8% in Englewood — 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 73/100 on livability (#321 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, health & safety A; Watch: employment C-, amenities F, commute F.
• Charlotte (suburban): math 54% / reading 54% proficiency, ranked #22 of 73 in FL (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Myakka River Elementary School (math 65% / reading 60%, grade B, #601 of 2,144 statewide, top 28%, 608 students, 51% FRL); L. A. Ainger Middle School (math 65% / reading 53%, grade B, #144 of 571 statewide, top 26%, 720 students, 40% FRL); Lemon Bay High School (math 50% / reading 56%, grade C-, #148 of 667 statewide, top 23%, 1,360 students, 28% FRL).
• Market conditions: Rents soft (-0.1%/yr); 737 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).
• This rent runs 42% of the median local income ($57k/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 $7k of value loss. Plan a longer hold.
• Charlotte County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($211k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 7y 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 $180k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $201,103 (7.8% 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 42 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
3. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-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?
8. 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?
9. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
10. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
11. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
12. 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.
13. 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.
14. 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: 0.92% ✗
• Cap rate: 6.23%
• Cash-on-cash: -0.23%
• DSCR: 0.99
• GRM: 9.0

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: -22.6%
• Equity multiple: 0.25×
• Total profit: $-46,054
• Equity at exit: $32,504

10-year hold

• IRR: -28.6%
• Equity multiple: -0.13×
• Total profit: $-68,748
• Equity at exit: $18,849

Cash invested: $61,040 (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 34224

• Home prices YoY: -18.9%
• Rents YoY: -0.1%
• Active inventory: 737
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,011 high
• Mortgage (P&I): −$1,143
• Tax from tax record: −$356 /mo · $4,274/yr
• Insurance: −$91
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$10
• Vacancy / Maint / Mgmt: −$422
• Net cashflow: $-78

Break-even live

Break-even rent $2,110

Max offer price $204,232

Occupancy floor 99%

Sensitivity live

Price	-10% $45	-5% $-16	+0% $-78	+5% $-140	+10% $-201
Rent	-10% $-237	-5% $-157	+0% $-78	+5% $2	+10% $81
Rate	-1.0pp $32	-0.5pp $-22	base $-78	+0.5pp $-134	+1.0pp $-192

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: $54,500
• Closing costs: $6,540
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2275 S McCall Rd #201 Englewood, FL	2.0	2.0	1050	$2,000	$1.90	15d	1	0.53mi
1604 Cardinal Ln Unit 1 Englewood, FL	1.0	1.0	750	$1,300	$1.73	23d	1	0.54mi
6699 San Casa Dr Englewood, FL	2.0	2.0	1028	$1,900	$1.85	23d	1	1.03mi
1531 Placida Rd #203 Englewood, FL	2.0	2.0	1056	$3,900	$3.69	23d	1	1.12mi
1531 Placida Rd #204 Englewood, FL	2.0	2.0	1056	$3,500	$3.31	23d	1	1.12mi
9264 Anita Ave Unit A Englewood, FL	2.0	2.0	1008	$1,400	$1.39	23d	1	1.30mi
1435 New Point Comfort Rd Unit B Englewood, FL	1.0	1.0	744	$1,520	$2.04	23d	1	1.38mi
9312 Anita Ave Unit B Englewood, FL	2.0	1.0	972	$1,600	$1.65	23d	1	1.39mi

HOA detail

• Monthly dues: $10 · $120/yr
• Likely covers: waterlandscapingpool

Listing history 22 events

1. 2026-06-22
   days on market $217,999 Active 42 DOM
2. 2026-06-18
   days on market $217,999 Active 39 DOM
3. 2026-06-17
   days on market $217,999 Active 38 DOM
4. 2026-06-16
   days on market $217,999 Active 37 DOM
5. 2026-06-15
   days on market $217,999 Active 36 DOM
6. 2026-06-14
   days on market $217,999 Active 34 DOM
7. 2026-06-13
   pricestatusdays on market $217,999 Active 33 DOM
8. 2026-06-07
   statusdays on market $220,000 Pending 32 DOM
9. 2026-06-05
   days on market $220,000 Active 31 DOM
10. 2026-06-03
    days on market $220,000 Active 30 DOM
11. 2026-06-02
    days on market $220,000 Active 29 DOM
12. 2026-06-01
    days on market $220,000 Active 28 DOM
13. 2026-05-31
    days on market $220,000 Active 27 DOM
14. 2026-05-30
    days on market $220,000 Active 26 DOM
15. 2026-05-04
    listed $220,000 Active
16. 2019-03-13
    soldstatus $180,000
17. 2019-03-12
    soldstatus $180,000 Sold 1614-char remark

    Show marketing remark (1614 chars)

    YOU CAN HAVE IT ALL!Take a look at this beautifully Updated 2BD/2BA/1CP Doublewide manuf. home w/ CAGED POOL on SALTWATER CANAL w/ dock, fish house, & COVERED 8,000# BOAT LIFT w/ DIRECT ACCESS to Lemon Bay!Living room has wood laminate flooring & ceiling fan & opens onto the Formal Dining room, also w/ wood laminate flooring. The petite Kitchen has everything the cook in the family will enjoy such as ample cabinetry, tiled countertops, ceiling fan & tiled flooring. Appliances include:Samsung microwave, smooth top stove, dishwasher & Whirlpool double door refrigerator. Master bedroom has wood laminate flooring, ceiling fan & walk in closet. Master bath has updated vanity, mirror, light & step in shower w/ door. Guest bedroom has wood laminate flooring, ceiling fan & 3 closets. Soon to become your favorite room in the house, the Florida Room on the lower level has carpeted flooring & ceiling fan. This can also serve as the carport, as the entire front screened area opens for access. Soak up all the Florida sunshine on the Travertine floored Pool deck or float around in the heated pool. Utility room/workshop off pool area houses the washer/dryer. Other highlights include roof w/ transferable warranty replaced 2017, sprinkler system on city water, on demand water heater, pool pump late 2015, impact hurricane panels & tropical landscaping. Fido will feel right at home w/ his own doggy door & outside run. Bring your boat & Live the good life here! Close to area beaches, shopping, golfing, & lots of quaint restaurants!

18. 2019-02-03
    status Pending 1614-char remark

    Show marketing remark (1614 chars)

    YOU CAN HAVE IT ALL!Take a look at this beautifully Updated 2BD/2BA/1CP Doublewide manuf. home w/ CAGED POOL on SALTWATER CANAL w/ dock, fish house, & COVERED 8,000# BOAT LIFT w/ DIRECT ACCESS to Lemon Bay!Living room has wood laminate flooring & ceiling fan & opens onto the Formal Dining room, also w/ wood laminate flooring. The petite Kitchen has everything the cook in the family will enjoy such as ample cabinetry, tiled countertops, ceiling fan & tiled flooring. Appliances include:Samsung microwave, smooth top stove, dishwasher & Whirlpool double door refrigerator. Master bedroom has wood laminate flooring, ceiling fan & walk in closet. Master bath has updated vanity, mirror, light & step in shower w/ door. Guest bedroom has wood laminate flooring, ceiling fan & 3 closets. Soon to become your favorite room in the house, the Florida Room on the lower level has carpeted flooring & ceiling fan. This can also serve as the carport, as the entire front screened area opens for access. Soak up all the Florida sunshine on the Travertine floored Pool deck or float around in the heated pool. Utility room/workshop off pool area houses the washer/dryer. Other highlights include roof w/ transferable warranty replaced 2017, sprinkler system on city water, on demand water heater, pool pump late 2015, impact hurricane panels & tropical landscaping. Fido will feel right at home w/ his own doggy door & outside run. Bring your boat & Live the good life here! Close to area beaches, shopping, golfing, & lots of quaint restaurants!

19. 2019-01-25
    listed $189,900 Active 1614-char remark

    Show marketing remark (1614 chars)

    YOU CAN HAVE IT ALL!Take a look at this beautifully Updated 2BD/2BA/1CP Doublewide manuf. home w/ CAGED POOL on SALTWATER CANAL w/ dock, fish house, & COVERED 8,000# BOAT LIFT w/ DIRECT ACCESS to Lemon Bay!Living room has wood laminate flooring & ceiling fan & opens onto the Formal Dining room, also w/ wood laminate flooring. The petite Kitchen has everything the cook in the family will enjoy such as ample cabinetry, tiled countertops, ceiling fan & tiled flooring. Appliances include:Samsung microwave, smooth top stove, dishwasher & Whirlpool double door refrigerator. Master bedroom has wood laminate flooring, ceiling fan & walk in closet. Master bath has updated vanity, mirror, light & step in shower w/ door. Guest bedroom has wood laminate flooring, ceiling fan & 3 closets. Soon to become your favorite room in the house, the Florida Room on the lower level has carpeted flooring & ceiling fan. This can also serve as the carport, as the entire front screened area opens for access. Soak up all the Florida sunshine on the Travertine floored Pool deck or float around in the heated pool. Utility room/workshop off pool area houses the washer/dryer. Other highlights include roof w/ transferable warranty replaced 2017, sprinkler system on city water, on demand water heater, pool pump late 2015, impact hurricane panels & tropical landscaping. Fido will feel right at home w/ his own doggy door & outside run. Bring your boat & Live the good life here! Close to area beaches, shopping, golfing, & lots of quaint restaurants!

20. 1995-12-19
    soldstatus $54,500
21. 1992-02-01
    soldstatus $50,000
22. 1986-04-01
    soldstatus $40,000

ⓘ 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: $4,274 · $356/mo
• Projected year-2 tax: $4,274 · $356/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 7/10 Severe FEMA zone X (shaded) · 94% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 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: $24,132
• − Mortgage interest: −$12,211
• − Property taxes: −$4,274
• − Insurance: −$1,887
• − Repairs & maintenance: −$1,931
• − Management: −$1,931
• − HOA: −$120
• − Depreciation: −$6,342
• Taxable loss: −$4,563
• Est. tax savings @ 24.0%: +$1,095
• After-tax cash flow: $160/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: Charlotte
• NCES district ID: 1200240
• Math proficiency: 54% ▼ -6.00%
• Reading proficiency: 54% ▼ -1.00%
• Median HH income: $44,864
• Composite: 45.62/100
• National rank: #2586
• State rank: #22 of 73 in FL

Livability — Englewood

• Score: 73/100
• State rank: #321
• US rank: #5655

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Englewood, FL
• County: Charlotte County · 196,994 people
• City population: 35,420
• Metro: Punta Gorda, FL
• Population (ZIP): 15,536
• Household income: $57,281
• Rent vs Own: 17.8% rent · 82.2% own
• Severe rent burden: 329.0

Population outlook (Charlotte County) Hauer SSP2

• Today (2025): 198,646 people
• By 2030: 210,507 · +6.0%
• By 2040: 230,857 · +16.2%
• By 2050: 247,148 · +24.4%
• By 2075: 281,777 · +41.8%
• By 2100: 293,609 · +47.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 5% Hispanic / Latino 3% Asian 1%
• Common ancestry: Romanian 4% Slovak 4% Lithuanian 4%
• Foreign-born: 9% · Canada
• Languages at home: 92% English-only · Other Indo-European 2% Spanish 2% German/W. Germanic 1%

Political lean MEDSL · Charlotte

• 2024 margin: Solid R (+34.0) · D 32.7% · R 66.7%
• 2008→2024 swing: -26.7pp toward R · 2008: -7.2pp · 2024: -34.0pp
• All cycles: 2024: R+34.0 2020: R+26.6 2016: R+27.8 2012: R+14.3 2008: R+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -75.76%
• Current HPI: 325.0345
• Rent YoY: ▼ -0.11%
• Metro: Punta Gorda, 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

+450.0% since first listed

8 events — show timeline

• 2026-05-04 Listed $220,000 Stellar MLS as Distributed by MLS Grid
• 2019-03-13 Sold (Public Records) $180,000 Public Records
• 2019-03-12 Sold (MLS) $180,000 Stellar MLS as Distributed by MLS Grid
• 2019-02-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-01-25 Listed $189,900 Stellar MLS as Distributed by MLS Grid
• 1995-12-19 Sold (Public Records) $54,500 Public Records
• 1992-02-01 Sold (Public Records) $50,000 Public Records
• 1986-04-01 Sold (Public Records) $40,000 Public Records

Property tax history

+13.8%/yr

Latest (2025): $4,274 · -6.6% YoY. Source: county tax records.