80 Circlewood Dr Unit A3-3 · South Venice, FL 34293

$169,999

2 bd · 2.0 ba · 1,130 sqft · Condo public records · 145 Days on market

Built 1982 $410/mo HOA · 18% of rent

---

Why this score? — see what drove the C 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 +19.3/30.0
• 1% rule +8.2/10.0
• ARV discount +7.5/15.0
• DSCR +6.1/10.0
• Schools +5.4/10.0
• Livability +3.4/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE REDUCTION-INCREDIBLE VALUE FOR THIS HOME! Welcome to Circle Wood, where Florida's easiest lifestyle meets true peace of mind. Detached villa lives like a private single-family home. No shared walls, that delivers a quiet comfort and independent lifestyle. Inside you'll immediately feel the bright, costal-inspired freshness of a light of recently repainted, hurricane shutters on every window, with a new roof that was install in 2025 and new stainless steal appliances. Circle Woods is beloved for welcoming a social atmosphere and resort-style amenities. Along with two pools, a clubhouse, fitness center, spa/sauna and even a library. The community 's full activity calendar makes it easy to stay active and connected with favorites like yoga, water aerobics, pickleball, and live-music pub nights that capture the true spirit of Florida living. Located just minutes from Manasota Key and Venice beaches, plus downtown Venice dining and shopping, this home is perfectly positioned for the Florida lifestyle. close to everything.

Key facts

• Fitness center
• Clubhouse
• Detached villa

Tags

• DETACHED VILLA
• NEW ROOF
• NEW STAINLESS STEEL APPLIANCES
• TWO POOLS
• CLUBHOUSE
• FITNESS CENTER

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $170k.

Deal economics

• At list price, monthly cash flow is $187 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.

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).

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 145 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 18y ago; this cycle's ask has dropped $30k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $68k; list at $170k implies a 152% 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 $149,599 (12.0% below list)

Questions for the listing agent

1. It's been on market 145 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
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. 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.
8. 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.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.32% ✓
• Cap rate: 7.62%
• Cash-on-cash: 4.73%
• DSCR: 1.21
• GRM: 6.3

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: -12.2%
• Equity multiple: 0.57×
• Total profit: $-20,399
• Equity at exit: $25,347

10-year hold

• IRR: -8.1%
• Equity multiple: 0.56×
• Total profit: $-21,127
• Equity at exit: $14,698

Cash invested: $47,600 (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: 6.3×

Monthly cashflow live

• Estimated rent: $2,245 medium
• Mortgage (P&I): −$891
• Tax from tax record: −$214 /mo · $2,566/yr
• Insurance: −$71
• HOA: −$410
• Vacancy / Maint / Mgmt: −$471
• Net cashflow: $187

Break-even live

Break-even rent $2,008

Max offer price $169,999

Occupancy floor 87%

Sensitivity live

Price	-10% $284	-5% $236	+0% $187	+5% $139	+10% $91
Rent	-10% $10	-5% $99	+0% $187	+5% $276	+10% $365
Rate	-1.0pp $273	-0.5pp $231	base $187	+0.5pp $143	+1.0pp $99

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $410 · $4,920/yr
• Likely covers: waterpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-18
   days on market $169,999 Active 145 DOM
2. 2026-06-17
   days on market $169,999 Active 144 DOM
3. 2026-06-16
   days on market $169,999 Active 143 DOM
4. 2026-06-15
   days on market $169,999 Active 142 DOM
5. 2026-06-13
   days on market $169,999 Active 140 DOM
6. 2026-06-13
   days on market $169,999 Active 139 DOM
7. 2026-06-10
   days on market $169,999 Active 137 DOM
8. 2026-06-09
   days on market $169,999 Active 136 DOM
9. 2026-06-08
   days on market $169,999 Active 135 DOM
10. 2026-06-08
    days on market $169,999 Active 134 DOM
11. 2026-06-05
    days on market $169,999 Active 131 DOM
12. 2026-06-03
    days on market $169,999 Active 130 DOM
13. 2026-06-02
    days on market $169,999 Active 129 DOM
14. 2026-06-01
    days on market $169,999 Active 128 DOM
15. 2026-05-31
    days on market $169,999 Active 127 DOM
16. 2026-03-25
    price $169,999 1039-char remark

    Show marketing remark (1039 chars)

    PRICE REDUCTION-INCREDIBLE VALUE FOR THIS HOME! Welcome to Circle Wood, where Florida's easiest lifestyle meets true peace of mind. Detached villa lives like a private single-family home. No shared walls, that delivers a quiet comfort and independent lifestyle. Inside you'll immediately feel the bright, costal-inspired freshness of a light of recently repainted, hurricane shutters on every window, with a new roof that was install in 2025 and new stainless steal appliances. Circle Woods is beloved for welcoming a social atmosphere and resort-style amenities. Along with two pools, a clubhouse, fitness center, spa/sauna and even a library. The community 's full activity calendar makes it easy to stay active and connected with favorites like yoga, water aerobics, pickleball, and live-music pub nights that capture the true spirit of Florida living. Located just minutes from Manasota Key and Venice beaches, plus downtown Venice dining and shopping, this home is perfectly positioned for the Florida lifestyle. close to everything.

17. 2026-02-23
    price $184,999 1039-char remark

    Show marketing remark (1039 chars)

    PRICE REDUCTION-INCREDIBLE VALUE FOR THIS HOME! Welcome to Circle Wood, where Florida's easiest lifestyle meets true peace of mind. Detached villa lives like a private single-family home. No shared walls, that delivers a quiet comfort and independent lifestyle. Inside you'll immediately feel the bright, costal-inspired freshness of a light of recently repainted, hurricane shutters on every window, with a new roof that was install in 2025 and new stainless steal appliances. Circle Woods is beloved for welcoming a social atmosphere and resort-style amenities. Along with two pools, a clubhouse, fitness center, spa/sauna and even a library. The community 's full activity calendar makes it easy to stay active and connected with favorites like yoga, water aerobics, pickleball, and live-music pub nights that capture the true spirit of Florida living. Located just minutes from Manasota Key and Venice beaches, plus downtown Venice dining and shopping, this home is perfectly positioned for the Florida lifestyle. close to everything.

18. 2026-01-24
    listed $199,999 Active 1039-char remark

    Show marketing remark (1039 chars)

    PRICE REDUCTION-INCREDIBLE VALUE FOR THIS HOME! Welcome to Circle Wood, where Florida's easiest lifestyle meets true peace of mind. Detached villa lives like a private single-family home. No shared walls, that delivers a quiet comfort and independent lifestyle. Inside you'll immediately feel the bright, costal-inspired freshness of a light of recently repainted, hurricane shutters on every window, with a new roof that was install in 2025 and new stainless steal appliances. Circle Woods is beloved for welcoming a social atmosphere and resort-style amenities. Along with two pools, a clubhouse, fitness center, spa/sauna and even a library. The community 's full activity calendar makes it easy to stay active and connected with favorites like yoga, water aerobics, pickleball, and live-music pub nights that capture the true spirit of Florida living. Located just minutes from Manasota Key and Venice beaches, plus downtown Venice dining and shopping, this home is perfectly positioned for the Florida lifestyle. close to everything.

19. 2008-10-23
    historical
20. 2008-01-27
    listed $119,000
21. 1991-07-31
    soldstatus $67,500

ⓘ 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: $2,566 · $214/mo
• Projected year-2 tax: $2,566 · $214/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 4/10 Moderate
• 🌡 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,942
• − Mortgage interest: −$9,523
• − Property taxes: −$2,566
• − Insurance: −$850
• − Repairs & maintenance: −$2,155
• − Management: −$2,155
• − HOA: −$4,920
• − Depreciation: −$4,945
• Taxable loss: −$173
• Est. tax savings @ 24.0%: +$42
• After-tax cash flow: $2,291/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

• 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

+151.9% since first listed

6 events — show timeline

• 2026-03-25 Price Changed $169,999 Stellar MLS as Distributed by MLS Grid
• 2026-02-23 Price Changed $184,999 Stellar MLS as Distributed by MLS Grid
• 2026-01-24 Listed $199,999 Stellar MLS as Distributed by MLS Grid
• 2008-10-23 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2008-01-27 Listed $119,000 Stellar MLS as Distributed by MLS Grid
• 1991-07-31 Sold (Public Records) $67,500 Public Records

Property tax history

+5.3%/yr

Latest (2025): $2,566 · -3.7% YoY. Source: county tax records.