3435 W Price Blvd · North Port, FL 34286

$309,000

4 bd · 2.0 ba · 1,459 sqft · Land · 346 Days on market

Built 2025 10,000 sqft lot

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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 +21.5/30.0
• ARV discount +7.5/15.0
• DSCR +6.9/10.0
• Schools +5.4/10.0
• 1% rule +4.3/10.0
• Livability +3.8/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This brand new 4-bedroom, 2-bathroom contemporary modern home is ready for you to move in and enjoy. Built with quality and comfort in mind, it features tile flooring throughout, granite countertops, stainless steel appliances, and hurricane impact windows for peace of mind. The open kitchen and living area offer a clean, modern feel with plenty of natural light. The primary suite includes a tiled walk-in shower, soaking tub, and a large walk-in closet. The second bathroom is also fully tiled and easy to maintain. All ceiling fans and lighting fixtures are installed, so there's nothing left to do but move in. Outside, you'll find a pavered driveway and simple, modern curb appeal. Located just minutes from shopping, restaurants, and with quick access to the highway. You're also a short drive from beautiful beaches and popular amusement parks

Key facts

• Tiled walk-in shower
• Tile flooring
• Granite countertops

Tags

• TILE FLOORING
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• HURRICANE IMPACT WINDOWS
• OPEN KITCHEN
• TILED WALK-IN SHOWER

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath land listed at $309k.

Deal economics

• At list price, monthly cash flow is $463 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $289k (6.6% below list).
• Recommended offer: $272k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 3.6% in North Port — 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 75/100 on livability (#252 in FL, #3,975 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: 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 (+1.1%/yr); 837 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 43% 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 346 days — a 12% lower offer ($272k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago; this cycle's ask has dropped $20k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $6k; list at $309k implies a 5050% 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 $271,920 (12.0% below list)

Questions for the listing agent

1. It's been on market 346 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-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?
5. 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.
6. 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.
7. 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: 0.93% ✗
• Cap rate: 8.09%
• Cash-on-cash: 6.42%
• DSCR: 1.29
• GRM: 8.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.12% rent growth · sell at horizon

5-year hold

• IRR: -8.3%
• Equity multiple: 0.70×
• Total profit: $-26,104
• Equity at exit: $46,073

10-year hold

• IRR: -1.2%
• Equity multiple: 0.92×
• Total profit: $-6,565
• Equity at exit: $26,717

Cash invested: $86,520 (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 34286

• Home prices YoY: -9.5%
• Rents YoY: 1.1%
• Active inventory: 837
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,886 medium
• Mortgage (P&I): −$1,620
• Tax from tax record: −$68 /mo · $816/yr
• Insurance: −$129
• HOA: −$0
• Vacancy / Maint / Mgmt: −$606
• Net cashflow: $463

Break-even live

Break-even rent $2,300

Max offer price $309,000

Occupancy floor 79%

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: $77,250
• Closing costs: $9,270
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3428 W Price Blvd North Port, FL	4.0	2.0	1858	$2,470	$1.33	14d	1	0.02mi
1450 Front Pl North Port, FL	1.0–3.0	1.0–2.5	1132	$2,635	$2.33	1d	15	1.10mi

Listing history 27 events

1. 2026-06-18
   days on market $309,000 Active 346 DOM
2. 2026-06-17
   days on market $309,000 Active 345 DOM
3. 2026-06-15
   days on market $309,000 Active 343 DOM
4. 2026-06-13
   days on market $309,000 Active 341 DOM
5. 2026-06-13
   days on market $309,000 Active 340 DOM
6. 2026-06-10
   days on market $309,000 Active 338 DOM
7. 2026-06-09
   days on market $309,000 Active 337 DOM
8. 2026-06-08
   days on market $309,000 Active 335 DOM
9. 2026-06-05
   days on market $309,000 Active 332 DOM
10. 2026-06-03
    days on market $309,000 Active 331 DOM
11. 2026-06-02
    days on market $309,000 Active 330 DOM
12. 2026-06-01
    days on market $309,000 Active 329 DOM
13. 2026-05-31
    days on market $309,000 Active 328 DOM
14. 2025-09-12
    price $309,000 852-char remark

    Show marketing remark (852 chars)

    This brand new 4-bedroom, 2-bathroom contemporary modern home is ready for you to move in and enjoy. Built with quality and comfort in mind, it features tile flooring throughout, granite countertops, stainless steel appliances, and hurricane impact windows for peace of mind. The open kitchen and living area offer a clean, modern feel with plenty of natural light. The primary suite includes a tiled walk-in shower, soaking tub, and a large walk-in closet. The second bathroom is also fully tiled and easy to maintain. All ceiling fans and lighting fixtures are installed, so there's nothing left to do but move in. Outside, you'll find a pavered driveway and simple, modern curb appeal. Located just minutes from shopping, restaurants, and with quick access to the highway. You're also a short drive from beautiful beaches and popular amusement parks

15. 2025-07-25
    price $319,000 852-char remark

    Show marketing remark (852 chars)

    This brand new 4-bedroom, 2-bathroom contemporary modern home is ready for you to move in and enjoy. Built with quality and comfort in mind, it features tile flooring throughout, granite countertops, stainless steel appliances, and hurricane impact windows for peace of mind. The open kitchen and living area offer a clean, modern feel with plenty of natural light. The primary suite includes a tiled walk-in shower, soaking tub, and a large walk-in closet. The second bathroom is also fully tiled and easy to maintain. All ceiling fans and lighting fixtures are installed, so there's nothing left to do but move in. Outside, you'll find a pavered driveway and simple, modern curb appeal. Located just minutes from shopping, restaurants, and with quick access to the highway. You're also a short drive from beautiful beaches and popular amusement parks

16. 2025-07-07
    listed $329,000 Active 852-char remark

    Show marketing remark (852 chars)

    This brand new 4-bedroom, 2-bathroom contemporary modern home is ready for you to move in and enjoy. Built with quality and comfort in mind, it features tile flooring throughout, granite countertops, stainless steel appliances, and hurricane impact windows for peace of mind. The open kitchen and living area offer a clean, modern feel with plenty of natural light. The primary suite includes a tiled walk-in shower, soaking tub, and a large walk-in closet. The second bathroom is also fully tiled and easy to maintain. All ceiling fans and lighting fixtures are installed, so there's nothing left to do but move in. Outside, you'll find a pavered driveway and simple, modern curb appeal. Located just minutes from shopping, restaurants, and with quick access to the highway. You're also a short drive from beautiful beaches and popular amusement parks

17. 2024-12-11
    soldstatus $6,000
18. 2023-09-22
    soldstatus $6,000
19. 2021-08-02
    historical
20. 2021-06-23
    price $29,990
21. 2021-06-22
    listed $29,900 Active
22. 2021-03-22
    soldstatus $22,000
23. 2021-03-05
    soldstatus $22,000 Sold
24. 2021-02-12
    status Pending
25. 2021-01-26
    listed $22,500 Active
26. 2007-03-29
    soldstatus $28,000
27. 2005-02-11
    soldstatus $35,000

ⓘ 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: $816 · $68/mo
• Projected year-2 tax: $2,565 · $214/mo
• Expected delta: +$1,748/yr (+$146/mo · 214.2%)

ⓘ 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 ≥108°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: $34,634
• − Mortgage interest: −$17,309
• − Property taxes: −$816
• − Insurance: −$1,545
• − Repairs & maintenance: −$2,771
• − Management: −$2,771
• − Depreciation: −$8,989
• Taxable income: $433
• Est. tax owed @ 24.0%: −$104
• After-tax cash flow: $5,450/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 — North Port

• Score: 75/100
• State rank: #252
• US rank: #3975

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Port, FL
• County: Sarasota County · 448,376 people
• City population: 75,324
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 22,534
• Household income: $80,553
• Rent vs Own: 20.6% rent · 79.4% own
• Severe rent burden: 545.0

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 (81%)
• Race & ethnicity: White 81% Hispanic / Latino 10% Two or more races 8% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 2%
• Common ancestry: Romanian 7% Lithuanian 4% Subsaharan African 2%
• Foreign-born: 9% · Canada
• Languages at home: 86% English-only · Spanish 7% Russian/Polish/Slavic 4% 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: ▼ -31.36%
• Current HPI: 297.3707
• Rent YoY: ▲ 1.12%
• 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

+782.9% since first listed

14 events — show timeline

• 2025-09-12 Price Changed $309,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-25 Price Changed $319,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-07 Listed $329,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-11 Sold (Public Records) $6,000 Public Records
• 2023-09-22 Sold (Public Records) $6,000 Public Records
• 2021-08-02 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2021-06-23 Price Changed $29,990 Stellar MLS as Distributed by MLS Grid
• 2021-06-22 Listed $29,900 Stellar MLS as Distributed by MLS Grid
• 2021-03-22 Sold (Public Records) $22,000 Public Records
• 2021-03-05 Sold (MLS) $22,000 Stellar MLS as Distributed by MLS Grid
• 2021-02-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-01-26 Listed $22,500 Stellar MLS as Distributed by MLS Grid
• 2007-03-29 Sold (Public Records) $28,000 Public Records
• 2005-02-11 Sold (Public Records) $35,000 Public Records

Property tax history

+9.6%/yr

Latest (2025): $816 · +2.8% YoY. Source: county tax records.