70 Virginia Ct · Englewood, FL 34223

$312,000

2 bd · 1.0 ba · 830 sqft · SingleFamily public records · 160 Days on market

Built 1963 10,556 sqft lot $376/sqft · 41% above area Est $297k · at est.

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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 +15.1/30.0
• Schools +5.4/10.0
• ARV discount +5.3/15.0
• Rent growth +4.8/5.0
• DSCR +4.6/10.0
• Livability +3.7/5.0
• 1% rule +3.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

LIVE THE BEACH LIFESTYLE — FURNISHED COASTAL BUNGALOW JUST MINUTES TO MANASOTA KEY & ENGLEWOOD BEACH! Welcome to 70 Virginia Ct, a move-in ready Florida retreat offering the relaxed coastal living buyers dream about. Filled with natural light, this charming 2-bedroom, 1.5-bath home blends timeless Old Florida charm with modern updates, featuring a bright sun-filled interior and a wall of windows that creates an airy, welcoming feel throughout. The open main living space flows into an inviting eat-in kitchen with solid-surface countertops, wood cabinetry, stainless steel appliances, and vaulted ceilings that enhance the spacious feel. Both bedrooms are comfortable and well-sized, while updated bathrooms include a newly added half bath. A sunny Florida room and convenient indoor laundry add flexible living space and everyday functionality. Major updates include a NEW ROOF (2022) and NEW WATER HEATER (2022). Energy-efficient mini-split systems in every room provide personalized year-round comfort. Located in an X Flood Zone with no known flooding history, offering added peace of mind. Step outside to your private backyard oasis featuring a large vinyl-fenced yard, new concrete patio, sail shade, and fire pit — perfect for entertaining or unwinding after a day on the water. An electric-powered storage shed adds convenience, and extra driveway space allows room for boat or RV parking. No HOA or deed restrictions. Ideally located less than a mile to Indian Mound Park with public boat ramp, fishing pier, picnic areas, and scenic Lemon Bay views. Close to beaches, marinas, golf, waterfront dining, shopping, and everything that makes Englewood one of Southwest Florida’s most desirable coastal communities. Ideal as a full-time residence, vacation getaway, or investment opportunity.

Key facts

• Wood cabinetry
• Coastal bungalow
• 0.24 acre lot

Tags

• COASTAL BUNGALOW
• EASY ACCESS TO BOATING
• INVITING EAT-IN KITCHEN
• SOLID SURFACE COUNTERTOPS
• WOOD CABINETRY
• STAINLESS STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $312k.

Deal economics

• At list price, monthly cash flow is $-323 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $255k (18.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $265k (15.0% below list).
• Recommended offer: $255k (18.3% below list) — sets the bar for cash-flow.
• Cap rate 6.7% 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.
• 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 rising fast (+9.0%/yr); 717 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 42% of the median local income ($76k/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 $9k 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 160 days — a 12% lower offer ($275k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y 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: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $254,860 (18.3% 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 160 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. Built in 1963 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
10. 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.
11. 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: 0.85% ✗
• Cap rate: 6.69%
• Cash-on-cash: 1.42%
• DSCR: 1.06
• GRM: 9.8

CMA / ARV

• ARV (median comp): $297,156
• List price: $312,000
• Delta: 5.00%
• Verdict: FAIR
• Comps: 20 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -17.6%
• Equity multiple: 0.35×
• Total profit: $-56,939
• Equity at exit: $46,520

10-year hold

• IRR: -1.6%
• Equity multiple: 0.87×
• Total profit: $-11,490
• Equity at exit: $26,976

Cash invested: $87,360 (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 34223

• Home prices YoY: -34.2%
• Rents YoY: 9.0%
• Active inventory: 717
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,652 medium
• Mortgage (P&I): −$1,636
• Tax from tax record: −$226 /mo · $2,715/yr
• Insurance: −$130
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$557
• Net cashflow: $-323

Break-even live

Break-even rent $3,062

Max offer price $254,860

Occupancy floor —

Sensitivity live

Price	-10% $-147	-5% $-235	+0% $-323	+5% $-412	+10% $-500
Rent	-10% $-533	-5% $-428	+0% $-323	+5% $-219	+10% $-114
Rate	-1.0pp $-166	-0.5pp $-244	base $-323	+0.5pp $-404	+1.0pp $-487

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: $78,000
• Closing costs: $9,360
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1210 S Maryknoll Rd Englewood, FL	2.0	2.0	1063	$2,600	$2.45	21d	1	1.18mi
5041 N Beach Rd Unit 3-A Englewood, FL	2.0	1.0	864	$3,000	$3.47	21d	1	1.23mi
1401 S McCall Rd Unit 301A Englewood, FL	2.0	2.0	1093	$3,300	$3.02	21d	1	1.23mi
5031 N Beach Rd #112 Englewood, FL	2.0	2.0	1035	$2,500	$2.42	14d	1	1.30mi

Listing history 31 events

1. 2026-06-18
   days on market $312,000 Active 160 DOM
2. 2026-06-17
   days on market $312,000 Active 159 DOM
3. 2026-06-16
   days on market $312,000 Active 158 DOM
4. 2026-06-15
   days on market $312,000 Active 157 DOM
5. 2026-06-13
   days on market $312,000 Active 155 DOM
6. 2026-06-13
   days on market $312,000 Active 154 DOM
7. 2026-06-10
   days on market $312,000 Active 152 DOM
8. 2026-06-09
   days on market $312,000 Active 151 DOM
9. 2026-06-08
   days on market $312,000 Active 150 DOM
10. 2026-06-08
    days on market $312,000 Active 149 DOM
11. 2026-06-05
    days on market $312,000 Active 146 DOM
12. 2026-06-03
    days on market $312,000 Active 145 DOM
13. 2026-06-02
    days on market $312,000 Active 144 DOM
14. 2026-06-01
    days on market $312,000 Active 143 DOM
15. 2026-05-31
    days on market $312,000 Active 142 DOM
16. 2026-04-08
    price $312,000 1826-char remark

    Show marketing remark (1826 chars)

    LIVE THE BEACH LIFESTYLE — FURNISHED COASTAL BUNGALOW JUST MINUTES TO MANASOTA KEY & ENGLEWOOD BEACH! Welcome to 70 Virginia Ct, a move-in ready Florida retreat offering the relaxed coastal living buyers dream about. Filled with natural light, this charming 2-bedroom, 1.5-bath home blends timeless Old Florida charm with modern updates, featuring a bright sun-filled interior and a wall of windows that creates an airy, welcoming feel throughout. The open main living space flows into an inviting eat-in kitchen with solid-surface countertops, wood cabinetry, stainless steel appliances, and vaulted ceilings that enhance the spacious feel. Both bedrooms are comfortable and well-sized, while updated bathrooms include a newly added half bath. A sunny Florida room and convenient indoor laundry add flexible living space and everyday functionality. Major updates include a NEW ROOF (2022) and NEW WATER HEATER (2022). Energy-efficient mini-split systems in every room provide personalized year-round comfort. Located in an X Flood Zone with no known flooding history, offering added peace of mind. Step outside to your private backyard oasis featuring a large vinyl-fenced yard, new concrete patio, sail shade, and fire pit — perfect for entertaining or unwinding after a day on the water. An electric-powered storage shed adds convenience, and extra driveway space allows room for boat or RV parking. No HOA or deed restrictions. Ideally located less than a mile to Indian Mound Park with public boat ramp, fishing pier, picnic areas, and scenic Lemon Bay views. Close to beaches, marinas, golf, waterfront dining, shopping, and everything that makes Englewood one of Southwest Florida’s most desirable coastal communities. Ideal as a full-time residence, vacation getaway, or investment opportunity.

17. 2026-03-02
    price $317,900 1826-char remark

    Show marketing remark (1826 chars)

    LIVE THE BEACH LIFESTYLE — FURNISHED COASTAL BUNGALOW JUST MINUTES TO MANASOTA KEY & ENGLEWOOD BEACH! Welcome to 70 Virginia Ct, a move-in ready Florida retreat offering the relaxed coastal living buyers dream about. Filled with natural light, this charming 2-bedroom, 1.5-bath home blends timeless Old Florida charm with modern updates, featuring a bright sun-filled interior and a wall of windows that creates an airy, welcoming feel throughout. The open main living space flows into an inviting eat-in kitchen with solid-surface countertops, wood cabinetry, stainless steel appliances, and vaulted ceilings that enhance the spacious feel. Both bedrooms are comfortable and well-sized, while updated bathrooms include a newly added half bath. A sunny Florida room and convenient indoor laundry add flexible living space and everyday functionality. Major updates include a NEW ROOF (2022) and NEW WATER HEATER (2022). Energy-efficient mini-split systems in every room provide personalized year-round comfort. Located in an X Flood Zone with no known flooding history, offering added peace of mind. Step outside to your private backyard oasis featuring a large vinyl-fenced yard, new concrete patio, sail shade, and fire pit — perfect for entertaining or unwinding after a day on the water. An electric-powered storage shed adds convenience, and extra driveway space allows room for boat or RV parking. No HOA or deed restrictions. Ideally located less than a mile to Indian Mound Park with public boat ramp, fishing pier, picnic areas, and scenic Lemon Bay views. Close to beaches, marinas, golf, waterfront dining, shopping, and everything that makes Englewood one of Southwest Florida’s most desirable coastal communities. Ideal as a full-time residence, vacation getaway, or investment opportunity.

18. 2026-01-09
    listed $319,900 Active 1826-char remark

    Show marketing remark (1826 chars)

    LIVE THE BEACH LIFESTYLE — FURNISHED COASTAL BUNGALOW JUST MINUTES TO MANASOTA KEY & ENGLEWOOD BEACH! Welcome to 70 Virginia Ct, a move-in ready Florida retreat offering the relaxed coastal living buyers dream about. Filled with natural light, this charming 2-bedroom, 1.5-bath home blends timeless Old Florida charm with modern updates, featuring a bright sun-filled interior and a wall of windows that creates an airy, welcoming feel throughout. The open main living space flows into an inviting eat-in kitchen with solid-surface countertops, wood cabinetry, stainless steel appliances, and vaulted ceilings that enhance the spacious feel. Both bedrooms are comfortable and well-sized, while updated bathrooms include a newly added half bath. A sunny Florida room and convenient indoor laundry add flexible living space and everyday functionality. Major updates include a NEW ROOF (2022) and NEW WATER HEATER (2022). Energy-efficient mini-split systems in every room provide personalized year-round comfort. Located in an X Flood Zone with no known flooding history, offering added peace of mind. Step outside to your private backyard oasis featuring a large vinyl-fenced yard, new concrete patio, sail shade, and fire pit — perfect for entertaining or unwinding after a day on the water. An electric-powered storage shed adds convenience, and extra driveway space allows room for boat or RV parking. No HOA or deed restrictions. Ideally located less than a mile to Indian Mound Park with public boat ramp, fishing pier, picnic areas, and scenic Lemon Bay views. Close to beaches, marinas, golf, waterfront dining, shopping, and everything that makes Englewood one of Southwest Florida’s most desirable coastal communities. Ideal as a full-time residence, vacation getaway, or investment opportunity.

19. 2025-11-08
    historical
20. 2025-08-06
    listed $338,000 Active
21. 2025-08-03
    historical
22. 2025-05-28
    price $338,000
23. 2025-04-30
    price $348,000
24. 2025-04-30
    listed $340,000 Active
25. 2023-05-05
    soldstatus $307,500 Closed
26. 2023-05-05
    soldstatus $307,500
27. 2023-04-15
    status Pending
28. 2023-04-12
    listed $319,500 Active
29. 2016-09-16
    soldstatus $112,000
30. 2006-04-27
    soldstatus $97,000
31. 1999-04-06
    soldstatus $52,000

ⓘ 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: $2,715 · $226/mo
• Projected year-2 tax: $2,715 · $226/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 6/10 Major FEMA zone AE · 54% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,830
• − Mortgage interest: −$17,477
• − Property taxes: −$2,715
• − Insurance: −$6,679
• − Repairs & maintenance: −$2,546
• − Management: −$2,546
• − Depreciation: −$9,076
• Taxable loss: −$9,209
• Est. tax savings @ 24.0%: +$2,210
• After-tax cash flow: $-1,671/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 — 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: Sarasota County · 448,376 people
• City population: 35,420
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 19,884
• Household income: $76,016
• Rent vs Own: 12.5% rent · 87.5% own
• Severe rent burden: 290.0

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 (94%)
• Race & ethnicity: White 94% Two or more races 3% Hispanic / Latino 3% Asian 1%
• Common ancestry: Romanian 7% Lithuanian 4% Iranian 2%
• Foreign-born: 9% · Canada
• Languages at home: 94% English-only · German/W. Germanic 2% Spanish 1% Other Indo-European 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: ▼ -146.26%
• Current HPI: 281.0529
• Rent YoY: ▲ 9.02%
• 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

+500.0% since first listed

16 events — show timeline

• 2026-04-08 Price Changed $312,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-02 Price Changed $317,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-09 Listed $319,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-08 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-08-06 Listed $338,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-03 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-05-28 Price Changed $338,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-30 Price Changed $348,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-30 Listed $340,000 Stellar MLS as Distributed by MLS Grid
• 2023-05-05 Sold (Public Records) $307,500 Public Records
• 2023-05-05 Sold (MLS) $307,500 Stellar MLS as Distributed by MLS Grid
• 2023-04-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-04-12 Listed $319,500 Stellar MLS as Distributed by MLS Grid
• 2016-09-16 Sold (Public Records) $112,000 Public Records
• 2006-04-27 Sold (Public Records) $97,000 Public Records
• 1999-04-06 Sold (Public Records) $52,000 Public Records

Property tax history

+8.7%/yr

Latest (2025): $2,715 · +3.7% YoY. Source: county tax records.