1475 Flamingo Dr #71 · Englewood, FL 34224

$80,000

2 bd · 2.0 ba · 416 sqft · Land public records · 28 Days on market

Built 1986 1,911 sqft lot $140/mo HOA · 10% of rent ↓ 33% since listing

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.6/10.0
• 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

Welcome to your dream of affordable Florida living! Nestled in the heart of Englewood, this charming one-bedroom, one-bath home offers the perfect blend of comfort and convenience. Situated on a peaceful street where you own the land, this gem is more than just a home; it's a gateway to an idyllic lifestyle. As you step inside, you're greeted by an open floor plan that cleverly maximizes space, bathing each corner in natural light. The thoughtful layout is designed not just for comfort but also for creating lasting memories. Whether you're looking for a cozy retirement nest, a delightful vacation getaway, or a savvy rental investment, this property is turn-key ready, fully furnished, and waiting for you. The spacious Florida room is a highlight, offering extra space for hobbies, relaxation, or hosting guests. Storage won't be an issue here, with plenty of options to keep your living space neat and tidy. The carport ensures your vehicle is protected from the Florida sun, but that's just the start. You'll be part of the vibrant 55+ community of Holiday Travel Park, known for its lively spirit and neighborly charm. Dive into the large community pool, enjoy a game of shuffleboard, bocce ball, or horseshoes. Boating enthusiasts will love the community boat ramp, and the nearby Gulf access, marinas, and fishing spots are a dream come true. An active lifestyle awaits with a huge activities center. Indulge in indoor pickleball, pool tables, line dancing, card games, and a plethora of other activities and events. You'll never find a dull moment here! Let's talk practicality - the low HOA fees make this an incredibly affordable option, not to mention the fantastic rental potential it offers. And let's not forget the location! You're just 10 minutes away from the stunning Englewood beaches, and close to state parks, nature trails, restaurants, and shops. This is more than a home; it's a lifestyle choice that offers both relaxation and excitement, all wrapped up in an affordable package. Don't miss out on this opportunity to own a piece of paradise in Florida. Contact me today to schedule a viewing and start living your Florida dream!

Key facts

• Open floor plan
• All new appliances
• Fresh interior paint

Tags

• QUIET PEACEFUL STREET
• OPEN FLOOR PLAN
• ABUNDANT NATURAL LIGHT
• FRESH INTERIOR PAINT
• DESIGNER LIGHTING
• ALL NEW APPLIANCES

Property features AI

Finance

• Other: Lease restrictions apply; Turnkey furnished
• HOA & community: Has HOA (monthly fee $140) with required association approval; Association amenities include pool and shuffleboard court; Association fee covers pool, insurance, grounds maintenance, management, private road, recreational facilities, security, sewer, trash and water; Senior community; Golf carts allowed; Community mailbox; Deed restrictions; Pets allowed (max 40 lbs)

Exterior

• Parking: Carport with 1 space
• Utilities: Public water; Public sewer; Electricity connected; Cable available and connected; BB/HS internet available; Water connected; Sewer connected
• Home design: Manufactured home (single wide); One story; Northeast-facing
• Construction: Metal frame with metal siding; Metal roof; Crawlspace and slab foundation; Built area approximately 659 sq ft (living area 416)
• Exterior features: Hurricane shutters; Rain gutters; Shade shutters; Storage; Landscaped lot; One-way street; Paved road

Interior

• Kitchen: Disposal; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 1 bedroom
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Cathedral and vaulted ceilings; Living room and dining room combo; Thermostat; Window treatments
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath land listed at $80k.

Deal economics

• At list price, monthly cash flow is $321 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $79k (1.5% below list) — sets the bar for market timing.
• Cap rate 12.1% 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.
• Market conditions: Rents soft (-0.1%/yr); 734 active listings in the ZIP; 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $553 of loan paydown is wiped out by about $2k 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 28 days — a 2% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 5 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 $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→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $78,800 (1.5% below list)

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.77% ✓
• Cap rate: 12.11%
• Cash-on-cash: 20.76%
• DSCR: 1.92
• GRM: 4.7

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: 4.2%
• Equity multiple: 1.16×
• Total profit: $3,512
• Equity at exit: $11,928

10-year hold

• IRR: 9.8%
• Equity multiple: 1.63×
• Total profit: $14,067
• Equity at exit: $6,917

Cash invested: $22,400 (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: 734
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $1,414 medium
• Mortgage (P&I): −$420
• Tax from tax record: −$137 /mo · $1,640/yr
• Insurance: −$33
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$140
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $321

Break-even live

Break-even rent $1,008

Max offer price $80,000

Occupancy floor 72%

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $140 · $1,680/yr
• Likely covers: pool

Listing history 27 events

1. 2026-06-18
   days on market $80,000 Active 28 DOM
2. 2026-06-17
   days on market $80,000 Active 27 DOM
3. 2026-06-16
   days on market $80,000 Active 26 DOM
4. 2026-06-15
   days on market $80,000 Active 25 DOM
5. 2026-06-14
   days on market $80,000 Active 23 DOM
6. 2026-06-13
   days on market $80,000 Active 22 DOM
7. 2026-06-10
   days on market $80,000 Active 20 DOM
8. 2026-06-09
   days on market $80,000 Active 19 DOM
9. 2026-06-08
   days on market $80,000 Active 18 DOM
10. 2026-06-07
    days on market $80,000 Active 17 DOM
11. 2026-06-05
    days on market $80,000 Active 14 DOM
12. 2026-06-03
    days on market $80,000 Active 13 DOM
13. 2026-06-02
    days on market $80,000 Active 12 DOM
14. 2026-06-01
    days on market $80,000 Active 11 DOM
15. 2026-05-31
    days on market $80,000 Active 10 DOM
16. 2026-05-30
    days on market $80,000 Active 9 DOM
17. 2026-05-21
    listed $80,000 Active
18. 2024-01-25
    soldstatus $78,000 Closed 2163-char remark

    Show marketing remark (2163 chars)

    Welcome to your dream of affordable Florida living! Nestled in the heart of Englewood, this charming one-bedroom, one-bath home offers the perfect blend of comfort and convenience. Situated on a peaceful street where you own the land, this gem is more than just a home; it's a gateway to an idyllic lifestyle. As you step inside, you're greeted by an open floor plan that cleverly maximizes space, bathing each corner in natural light. The thoughtful layout is designed not just for comfort but also for creating lasting memories. Whether you're looking for a cozy retirement nest, a delightful vacation getaway, or a savvy rental investment, this property is turn-key ready, fully furnished, and waiting for you. The spacious Florida room is a highlight, offering extra space for hobbies, relaxation, or hosting guests. Storage won't be an issue here, with plenty of options to keep your living space neat and tidy. The carport ensures your vehicle is protected from the Florida sun, but that's just the start. You'll be part of the vibrant 55+ community of Holiday Travel Park, known for its lively spirit and neighborly charm. Dive into the large community pool, enjoy a game of shuffleboard, bocce ball, or horseshoes. Boating enthusiasts will love the community boat ramp, and the nearby Gulf access, marinas, and fishing spots are a dream come true. An active lifestyle awaits with a huge activities center. Indulge in indoor pickleball, pool tables, line dancing, card games, and a plethora of other activities and events. You'll never find a dull moment here! Let's talk practicality - the low HOA fees make this an incredibly affordable option, not to mention the fantastic rental potential it offers. And let's not forget the location! You're just 10 minutes away from the stunning Englewood beaches, and close to state parks, nature trails, restaurants, and shops. This is more than a home; it's a lifestyle choice that offers both relaxation and excitement, all wrapped up in an affordable package. Don't miss out on this opportunity to own a piece of paradise in Florida. Contact me today to schedule a viewing and start living your Florida dream!

19. 2024-01-25
    soldstatus $78,000

    Show marketing remark (2163 chars)

    Welcome to your dream of affordable Florida living! Nestled in the heart of Englewood, this charming one-bedroom, one-bath home offers the perfect blend of comfort and convenience. Situated on a peaceful street where you own the land, this gem is more than just a home; it's a gateway to an idyllic lifestyle. As you step inside, you're greeted by an open floor plan that cleverly maximizes space, bathing each corner in natural light. The thoughtful layout is designed not just for comfort but also for creating lasting memories. Whether you're looking for a cozy retirement nest, a delightful vacation getaway, or a savvy rental investment, this property is turn-key ready, fully furnished, and waiting for you. The spacious Florida room is a highlight, offering extra space for hobbies, relaxation, or hosting guests. Storage won't be an issue here, with plenty of options to keep your living space neat and tidy. The carport ensures your vehicle is protected from the Florida sun, but that's just the start. You'll be part of the vibrant 55+ community of Holiday Travel Park, known for its lively spirit and neighborly charm. Dive into the large community pool, enjoy a game of shuffleboard, bocce ball, or horseshoes. Boating enthusiasts will love the community boat ramp, and the nearby Gulf access, marinas, and fishing spots are a dream come true. An active lifestyle awaits with a huge activities center. Indulge in indoor pickleball, pool tables, line dancing, card games, and a plethora of other activities and events. You'll never find a dull moment here! Let's talk practicality - the low HOA fees make this an incredibly affordable option, not to mention the fantastic rental potential it offers. And let's not forget the location! You're just 10 minutes away from the stunning Englewood beaches, and close to state parks, nature trails, restaurants, and shops. This is more than a home; it's a lifestyle choice that offers both relaxation and excitement, all wrapped up in an affordable package. Don't miss out on this opportunity to own a piece of paradise in Florida. Contact me today to schedule a viewing and start living your Florida dream!

20. 2024-01-03
    status Pending 2163-char remark

    Show marketing remark (2163 chars)

    Welcome to your dream of affordable Florida living! Nestled in the heart of Englewood, this charming one-bedroom, one-bath home offers the perfect blend of comfort and convenience. Situated on a peaceful street where you own the land, this gem is more than just a home; it's a gateway to an idyllic lifestyle. As you step inside, you're greeted by an open floor plan that cleverly maximizes space, bathing each corner in natural light. The thoughtful layout is designed not just for comfort but also for creating lasting memories. Whether you're looking for a cozy retirement nest, a delightful vacation getaway, or a savvy rental investment, this property is turn-key ready, fully furnished, and waiting for you. The spacious Florida room is a highlight, offering extra space for hobbies, relaxation, or hosting guests. Storage won't be an issue here, with plenty of options to keep your living space neat and tidy. The carport ensures your vehicle is protected from the Florida sun, but that's just the start. You'll be part of the vibrant 55+ community of Holiday Travel Park, known for its lively spirit and neighborly charm. Dive into the large community pool, enjoy a game of shuffleboard, bocce ball, or horseshoes. Boating enthusiasts will love the community boat ramp, and the nearby Gulf access, marinas, and fishing spots are a dream come true. An active lifestyle awaits with a huge activities center. Indulge in indoor pickleball, pool tables, line dancing, card games, and a plethora of other activities and events. You'll never find a dull moment here! Let's talk practicality - the low HOA fees make this an incredibly affordable option, not to mention the fantastic rental potential it offers. And let's not forget the location! You're just 10 minutes away from the stunning Englewood beaches, and close to state parks, nature trails, restaurants, and shops. This is more than a home; it's a lifestyle choice that offers both relaxation and excitement, all wrapped up in an affordable package. Don't miss out on this opportunity to own a piece of paradise in Florida. Contact me today to schedule a viewing and start living your Florida dream!

21. 2023-12-26
    listed $85,900 Active 2163-char remark

    Show marketing remark (2163 chars)

    Welcome to your dream of affordable Florida living! Nestled in the heart of Englewood, this charming one-bedroom, one-bath home offers the perfect blend of comfort and convenience. Situated on a peaceful street where you own the land, this gem is more than just a home; it's a gateway to an idyllic lifestyle. As you step inside, you're greeted by an open floor plan that cleverly maximizes space, bathing each corner in natural light. The thoughtful layout is designed not just for comfort but also for creating lasting memories. Whether you're looking for a cozy retirement nest, a delightful vacation getaway, or a savvy rental investment, this property is turn-key ready, fully furnished, and waiting for you. The spacious Florida room is a highlight, offering extra space for hobbies, relaxation, or hosting guests. Storage won't be an issue here, with plenty of options to keep your living space neat and tidy. The carport ensures your vehicle is protected from the Florida sun, but that's just the start. You'll be part of the vibrant 55+ community of Holiday Travel Park, known for its lively spirit and neighborly charm. Dive into the large community pool, enjoy a game of shuffleboard, bocce ball, or horseshoes. Boating enthusiasts will love the community boat ramp, and the nearby Gulf access, marinas, and fishing spots are a dream come true. An active lifestyle awaits with a huge activities center. Indulge in indoor pickleball, pool tables, line dancing, card games, and a plethora of other activities and events. You'll never find a dull moment here! Let's talk practicality - the low HOA fees make this an incredibly affordable option, not to mention the fantastic rental potential it offers. And let's not forget the location! You're just 10 minutes away from the stunning Englewood beaches, and close to state parks, nature trails, restaurants, and shops. This is more than a home; it's a lifestyle choice that offers both relaxation and excitement, all wrapped up in an affordable package. Don't miss out on this opportunity to own a piece of paradise in Florida. Contact me today to schedule a viewing and start living your Florida dream!

22. 2023-07-12
    status Active
23. 2023-07-01
    status Pending
24. 2023-05-30
    price $114,900
25. 2023-04-14
    status Active
26. 2023-04-06
    status Pending
27. 2023-03-14
    listed $119,900 Active

ⓘ 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: $1,640 · $137/mo
• Projected year-2 tax: $1,640 · $137/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) · 95% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 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: $16,968
• − Mortgage interest: −$4,481
• − Property taxes: −$1,640
• − Insurance: −$1,198
• − Repairs & maintenance: −$1,357
• − Management: −$1,357
• − HOA: −$1,680
• − Depreciation: −$2,327
• Taxable income: $2,927
• Est. tax owed @ 24.0%: −$702
• After-tax cash flow: $3,150/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

-33.3% since first listed

11 events — show timeline

• 2026-05-21 Listed $80,000 Stellar MLS as Distributed by MLS Grid
• 2024-01-25 Sold (Public Records) $78,000 Public Records
• 2024-01-25 Sold (MLS) $78,000 Stellar MLS as Distributed by MLS Grid
• 2024-01-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-12-26 Listed $85,900 Stellar MLS as Distributed by MLS Grid
• 2023-07-12 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-07-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-05-30 Price Changed $114,900 Stellar MLS as Distributed by MLS Grid
• 2023-04-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-04-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-03-14 Listed $119,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+5.5%/yr

Latest (2025): $1,640 · -2.7% YoY. Source: county tax records.