5613 Monte Rosso Rd · Desoto Lakes, FL 34243

$299,000

3 bd · 2.0 ba · 1,410 sqft · SingleFamily public records · 41 Days on market

Built 1993 3,187 sqft lot $212/sqft · 18% below area Est $366k · 18% under $418/mo HOA · 17% of rent

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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).

• ARV discount +15.0/15.0
• Cash flow +7.0/30.0
• Schools +5.4/10.0
• Livability +3.9/5.0
• 1% rule +3.3/10.0
• Condition / age +2.5/5.0
• Rent growth +1.5/5.0
• DSCR +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nice, spacious 3 bedroom 2 bath with 2 car garage villa located in the Longwood Run area of University Parkway in Riviera Club. A little updating on this unit and you will have a great winter getaway in PARADISE.

Key facts

• Remodeled kitchen
• Custom built dry bar
• Impressive workshop

Tags

• ONE OF A KIND FLOOR PLAN
• REMODELED KITCHEN
• CUSTOM BUILT DRY BAR
• PRIVATE RETREAT
• IMPRESSIVE WORKSHOP
• UPDATED FLOORING

Property features AI

Finance

• Other: Total acreage less than 1/4 acre; Lot improvements include paved lot and concrete road; Orientation and driving directions available
• Financial info: No lease restrictions reported
• HOA & community: Homeowners association required; Monthly HOA approx. $331.67; Quarterly association fee of $995; Second association fee of $519 semi-annually; Managed by C&S Community Management Services / Kasia Matt; Pets allowed (cats and dogs)

Exterior

• Parking: Driveway; Attached 2-car garage
• Utilities: Public water; Public sewer; Cable available and connected; Electricity available and connected; Water and sewer available and connected
• Home design: Single family residence; One level; Faces northwest
• Construction: Block, concrete and stucco construction; Shingle roof; Slab foundation; Built on one level
• Exterior features: Patio; Exterior lighting; Sidewalk

Interior

• Kitchen: Range; Microwave; Dishwasher; Refrigerator; Bar fridge; Disposal; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Hardwood; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Built-in features; Cathedral ceilings; Ceiling fans; Dry bar; Living room / dining room combo; Open floorplan; Vaulted ceilings; Walk-in closets; Skylights; Blinds
• Laundry & utility: Washer and dryer inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $299k.

Deal economics

• At list price, monthly cash flow is $-439 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $222k (25.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $249k (16.6% below list).
• Recommended offer: $222k (25.9% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 77/100 on livability (#189 in FL, #3,003 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A-; Watch: amenities 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: Emma E. Booker Elementary School (math 35% / reading 32%, grade F, #1,758 of 2,144 statewide, top 83%, 468 students, 93% FRL); Booker High School (math 26% / reading 43%, grade F, #386 of 667 statewide, top 59%, 1,309 students, 68% FRL) — zoned schools average 80% FRL vs 42% district-wide (38 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 34% at this address vs 63% district-wide (-29 pts) — the specific schools serving this property underperform the Sarasota average; the district grade overstates school quality for this exact location.
• Market conditions: Rents falling (-4.1%/yr); 386 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 37% of the median local income ($81k/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 41 days — a 3% lower offer ($290k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 11y 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 $148k; list at $299k implies a 103% 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→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $221,508 (25.9% 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 41 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.83% ✗
• Cap rate: 4.53%
• Cash-on-cash: -6.29%
• DSCR: 0.72
• GRM: 10.0

CMA / ARV

• ARV (median comp): $365,693
• List price: $299,000
• Delta: -18.24%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -31.1%
• Equity multiple: 0.00×
• Total profit: $-83,448
• Equity at exit: $44,582

10-year hold

• IRR: -60.0%
• Equity multiple: -0.62×
• Total profit: $-135,871
• Equity at exit: $25,852

Cash invested: $83,720 (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 34243

• Home prices YoY: -23.0%
• Rents YoY: -4.1%
• Active inventory: 386
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,493 high
• Mortgage (P&I): −$1,568
• Tax from tax record: −$298 /mo · $3,572/yr
• Insurance: −$125
• HOA: −$418
• Vacancy / Maint / Mgmt: −$524
• Net cashflow: $-439

Break-even live

Break-even rent $3,048

Max offer price $221,508

Occupancy floor —

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: $74,750
• Closing costs: $8,970
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6104 Turnbury Park Dr Sarasota, FL	1.0–3.0	1.0–2.0	1065	$2,505	$2.35	1d	29	0.63mi
8445 Gardens Cir Sarasota, FL	1.0–3.0	1.0–2.0	973	$2,172	$2.23	2d	29	0.67mi
5735 Gardens Dr Unit 5735 Sarasota, FL	2.0	1.0	1068	$2,000	$1.87	23d	1	0.75mi
6211 Timber Lake Dr Unit B9 Sarasota, FL	2.0	2.0	1274	$1,750	$1.37	23d	1	0.78mi
6191 Timber Lake Dr Unit A6 Sarasota, FL	2.0	2.0	1178	$1,600	$1.36	23d	1	0.79mi
6041 Clubside Dr Unit 6041 Sarasota, FL	2.0	2.0	1380	$2,950	$2.14	23d	1	0.81mi
5662 Gardens Dr #104 Sarasota, FL	2.0	2.0	1068	$1,950	$1.83	23d	1	0.81mi
5924 Clubside Dr Sarasota, FL	2.0	2.0	1380	$2,500	$1.81	23d	1	0.82mi
8128 Villa Grande Ct Sarasota, FL	3.0	2.5	1818	$3,190	$1.75	19d	1	0.91mi
7151 83rd Dr E Bradenton, FL	3.0	2.5	1596	$2,095	$1.31	16d	1	1.14mi
8429 Cypress Lake Cir Sarasota, FL	4.0	2.0	1701	$3,600	$2.12	23d	1	1.23mi
8316 Brandeis Cir W Sarasota, FL	3.0	2.0	1652	$2,450	$1.48	3d	1	1.23mi
8434 Cypress Lake Cir Sarasota, FL	3.0	2.0	1768	$3,500	$1.98	23d	1	1.25mi
5025 82nd Way E Sarasota, FL	3.0	2.0	1321	$2,250	$1.70	23d	1	1.27mi
7886 Eagle Creek Dr Unit 7886 Sarasota, FL	2.0	2.0	983	$3,300	$3.36	23d	1	1.29mi
6120 Country Club Way #207 Sarasota, FL	2.0	2.0	1400	$1,950	$1.39	23d	1	1.30mi
6110 Country Club Way #201 Sarasota, FL	2.0	2.0	1400	$4,000	$2.86	23d	1	1.32mi
7911 Whitebridge Gln University Park, FL	2.0	2.0	1721	$6,500	$3.78	23d	1	1.32mi
7794 Eagle Creek Dr #7794 Sarasota, FL	2.0	2.0	983	$1,800	$1.83	21d	1	1.34mi
7752 Eagle Creek Dr Unit 7752 Sarasota, FL	2.0	2.0	983	$1,650	$1.68	16d	1	1.41mi
7725 Whitebridge Gln University Park, FL	2.0	2.0	1344	$5,250	$3.91	23d	1	1.43mi
7711 Whitebridge Gln University Park, FL	2.0	2.0	1609	$2,500	$1.55	23d	1	1.48mi

HOA detail

• Monthly dues: $418 · $5,016/yr

Listing history 24 events

1. 2026-06-18
   days on market $299,000 Active 41 DOM
2. 2026-06-17
   days on market $299,000 Active 40 DOM
3. 2026-06-16
   days on market $299,000 Active 39 DOM
4. 2026-06-15
   days on market $299,000 Active 38 DOM
5. 2026-06-13
   days on market $299,000 Active 36 DOM
6. 2026-06-13
   days on market $299,000 Active 35 DOM
7. 2026-06-10
   days on market $299,000 Active 33 DOM
8. 2026-06-09
   days on market $299,000 Active 32 DOM
9. 2026-06-08
   days on market $299,000 Active 31 DOM
10. 2026-06-08
    days on market $299,000 Active 30 DOM
11. 2026-06-05
    days on market $299,000 Active 27 DOM
12. 2026-06-03
    days on market $299,000 Active 26 DOM
13. 2026-06-02
    remarks 699-char remark
14. 2026-06-02
    days on market $299,000 Active 25 DOM
15. 2026-06-01
    days on market $299,000 Active 24 DOM
16. 2026-05-31
    days on market $299,000 Active 23 DOM
17. 2026-05-08
    listed $299,000 Active 1886-char remark
18. 2015-06-05
    soldstatus $147,500 Sold 212-char remark

    Show marketing remark (212 chars)

    Nice, spacious 3 bedroom 2 bath with 2 car garage villa located in the Longwood Run area of University Parkway in Riviera Club. A little updating on this unit and you will have a great winter getaway in PARADISE.

19. 2015-06-05
    soldstatus $147,500

    Show marketing remark (212 chars)

    Nice, spacious 3 bedroom 2 bath with 2 car garage villa located in the Longwood Run area of University Parkway in Riviera Club. A little updating on this unit and you will have a great winter getaway in PARADISE.

20. 2015-04-13
    status Pending 212-char remark

    Show marketing remark (212 chars)

    Nice, spacious 3 bedroom 2 bath with 2 car garage villa located in the Longwood Run area of University Parkway in Riviera Club. A little updating on this unit and you will have a great winter getaway in PARADISE.

21. 2015-03-09
    listed $155,000 Active 212-char remark

    Show marketing remark (212 chars)

    Nice, spacious 3 bedroom 2 bath with 2 car garage villa located in the Longwood Run area of University Parkway in Riviera Club. A little updating on this unit and you will have a great winter getaway in PARADISE.

22. 2009-06-26
    soldstatus $125,000
23. 2004-12-01
    soldstatus $187,500
24. 2001-05-09
    soldstatus $119,000

ⓘ 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: $3,572 · $298/mo
• Projected year-2 tax: $3,572 · $298/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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 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: $29,918
• − Mortgage interest: −$16,749
• − Property taxes: −$3,572
• − Insurance: −$1,495
• − Repairs & maintenance: −$2,393
• − Management: −$2,393
• − HOA: −$5,016
• − Depreciation: −$8,698
• Taxable loss: −$10,399
• Est. tax savings @ 24.0%: +$2,496
• After-tax cash flow: $-2,768/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 — Desoto Lakes

• Score: 77/100
• State rank: #189
• US rank: #3003

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Manatee County · 416,364 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 32,773
• Household income: $81,219
• Rent vs Own: 28.5% rent · 71.5% own
• Severe rent burden: 1138.0

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 (76%)
• Race & ethnicity: White 76% Hispanic / Latino 14% Two or more races 11% Asian 3% Black 3%
• Hispanic origin (detail): Mexican 5% Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 2%
• Foreign-born: 16% · Canada, Vietnam, Jamaica
• Languages at home: 81% English-only · Spanish 8% Russian/Polish/Slavic 3% Other Indo-European 3%

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: ▼ -83.67%
• Current HPI: 280.5372
• Rent YoY: ▼ -4.14%
• 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

+151.3% since first listed

8 events — show timeline

• 2026-05-08 Listed $299,000 Stellar MLS as Distributed by MLS Grid
• 2015-06-05 Sold (Public Records) $147,500 Public Records
• 2015-06-05 Sold (MLS) $147,500 Stellar MLS as Distributed by MLS Grid
• 2015-04-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-03-09 Listed $155,000 Stellar MLS as Distributed by MLS Grid
• 2009-06-26 Sold (Public Records) $125,000 Public Records
• 2004-12-01 Sold (Public Records) $187,500 Public Records
• 2001-05-09 Sold (Public Records) $119,000 Public Records

Property tax history

+6.3%/yr

Latest (2025): $3,572 · +3.1% YoY. Source: county tax records.