1800 Englewood Rd #34 · Englewood, FL 34223

$50,000

2 bd · 2.0 ba · 784 sqft · SingleFamily · 30 Days on market

Built 1978 Fair condition 3,580 sqft lot $130/mo HOA · 6% of rent ↓ 49% since listing

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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 +15.0/30.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +4.8/5.0
• Livability +3.7/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move right into this TURN-KEY FURNISHED, 2 BEDROOM HOME which is located less than 4 miles from MANASOTA BEACH. There is a beautiful bay window across the front of the home where the eat-in kitchen is located. The spacious living room has been updated with easy-to-care for laminate flooring which extends down the hall toward the two bedrooms. Entertaining is a breeze in the LIGHT AND BRIGHT, 10'x33' lanai. This property also offers a 10'x16' WORKSHOP room with bench, lots of shelving, washer, dryer, laundry sink - PLUS A HALF BATH. Other features include a 10'x22' carport, a shed, and a patio perfect for year-round grilling. Oak Grove Mobile Home Park is a quaint, cooperative resident owned community with activities including dinners, dances, bingo, croquet, shuffleboard, billiards, a heated pool, and much more. Grounds maintenance is included in the low monthly fee of only $130. Make this comfortable home yours. Call our office to schedule a private tour.

Key facts

• 10x16 workshop
• Bay window
• 10x33 lanai

Tags

• BAY WINDOW
• EAT-IN KITCHEN
• UPDATED LAMINATE FLOORING
• 10X33 LANAI
• 10X16 WORKSHOP
• WORKBENCH

Property features AI

Finance

• Other: Turnkey furnished; Association vehicle restrictions
• Financial info: Total monthly fees $130; total annual fees $1,560; Lease restrictions apply
• HOA & community: Monthly HOA fee of $130 (includes pool, maintenance of grounds, management, private road, recreational facilities, escrow reserves); Association: Argon Management — approval required; Community amenities: clubhouse, pool, recreation facilities, shuffleboard court; deed restrictions; golf carts allowed; special community restrictions; Senior community with pet restrictions (number and size limits; max pet weight ~25 lbs)

Exterior

• Parking: Covered driveway; Carport (1 space); Garage (10 x 22)
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer (sewer connected); Cable available; Broadband/high-speed internet available
• Home design: Manufactured single-wide home; One story; Northwest facing; Crawlspace foundation
• Construction: Metal siding; Membrane roof; Built as a manufactured home
• Exterior features: Covered, enclosed and screened patio with side porch; Private mailbox; Storage shed/workshop; Private maintained paved road; In county lot

Interior

• Kitchen: Range; Range hood; Microwave; Refrigerator; Freezer
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Tile; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Built-in features and ceiling fans; Eat-in kitchen with solid wood cabinets; Window treatments and blinds; Smoke detectors
• Laundry & utility: Washer and dryer included; Laundry located outside; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $50k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $50k).
• Recommended offer: $49k (1.5% below list) — sets the bar for market timing.
• Cap rate 38.1% 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.
• 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: Englewood Elementary School (math 65% / reading 66%, grade B+, #500 of 2,144 statewide, top 24%, 587 students, 52% FRL).
• Market conditions: Rents rising fast (+9.0%/yr); 726 active listings in the ZIP; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• This rent runs 36% 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 $346 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $14k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($49k) is reasonable based on typical stale-listing flexibility.
• 3 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

• Climate carrying-cost: 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 $49,250 (1.5% below list)

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
6. 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?
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 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: 4.56% ✓
• Cap rate: 38.06%
• Cash-on-cash: 113.46%
• DSCR: 6.05
• GRM: 1.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: —
• Equity multiple: 7.31×
• Total profit: $88,356
• Equity at exit: $7,455

10-year hold

• IRR: —
• Equity multiple: 18.20×
• Total profit: $240,743
• Equity at exit: $4,323

Cash invested: $14,000 (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: 726
• Price-to-rent: 1.8×

Monthly cashflow live

• Estimated rent: $2,278 medium
• Mortgage (P&I): −$262
• Tax est. 1.5%: −$62 /mo · $750/yr
• Insurance: −$21
• HOA: −$130
• Vacancy / Maint / Mgmt: −$478
• Net cashflow: $1,324

Break-even live

Break-even rent $602

Max offer price $50,000

Occupancy floor 37%

Sensitivity live

Price	-10% $1,358	-5% $1,341	+0% $1,324	+5% $1,306	+10% $1,289
Rent	-10% $1,144	-5% $1,234	+0% $1,324	+5% $1,414	+10% $1,504
Rate	-1.0pp $1,349	-0.5pp $1,336	base $1,324	+0.5pp $1,311	+1.0pp $1,298

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: $12,500
• Closing costs: $1,500
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $130 · $1,560/yr
• Likely covers: landscapingpool

Listing history 16 events

1. 2026-06-13
   status $50,000 Pending 30 DOM
2. 2026-06-10
   days on market $50,000 Active 30 DOM
3. 2026-06-09
   days on market $50,000 Active 29 DOM
4. 2026-06-08
   days on market $50,000 Active 28 DOM
5. 2026-06-08
   days on market $50,000 Active 27 DOM
6. 2026-06-05
   days on market $50,000 Active 24 DOM
7. 2026-06-03
   days on market $50,000 Active 23 DOM
8. 2026-06-02
   days on market $50,000 Active 22 DOM
9. 2026-06-01
   days on market $50,000 Active 21 DOM
10. 2026-05-31
    days on market $50,000 Active 20 DOM
11. 2026-05-22
    status Active
12. 2026-05-13
    status Pending
13. 2026-05-02
    listed $50,000 Active
14. 2023-03-15
    soldstatus $95,000 Closed 971-char remark

    Show marketing remark (971 chars)

    Move right into this TURN-KEY FURNISHED, 2 BEDROOM HOME which is located less than 4 miles from MANASOTA BEACH. There is a beautiful bay window across the front of the home where the eat-in kitchen is located. The spacious living room has been updated with easy-to-care for laminate flooring which extends down the hall toward the two bedrooms. Entertaining is a breeze in the LIGHT AND BRIGHT, 10'x33' lanai. This property also offers a 10'x16' WORKSHOP room with bench, lots of shelving, washer, dryer, laundry sink - PLUS A HALF BATH. Other features include a 10'x22' carport, a shed, and a patio perfect for year-round grilling. Oak Grove Mobile Home Park is a quaint, cooperative resident owned community with activities including dinners, dances, bingo, croquet, shuffleboard, billiards, a heated pool, and much more. Grounds maintenance is included in the low monthly fee of only $130. Make this comfortable home yours. Call our office to schedule a private tour.

15. 2023-02-08
    status Pending 971-char remark

    Show marketing remark (971 chars)

    Move right into this TURN-KEY FURNISHED, 2 BEDROOM HOME which is located less than 4 miles from MANASOTA BEACH. There is a beautiful bay window across the front of the home where the eat-in kitchen is located. The spacious living room has been updated with easy-to-care for laminate flooring which extends down the hall toward the two bedrooms. Entertaining is a breeze in the LIGHT AND BRIGHT, 10'x33' lanai. This property also offers a 10'x16' WORKSHOP room with bench, lots of shelving, washer, dryer, laundry sink - PLUS A HALF BATH. Other features include a 10'x22' carport, a shed, and a patio perfect for year-round grilling. Oak Grove Mobile Home Park is a quaint, cooperative resident owned community with activities including dinners, dances, bingo, croquet, shuffleboard, billiards, a heated pool, and much more. Grounds maintenance is included in the low monthly fee of only $130. Make this comfortable home yours. Call our office to schedule a private tour.

16. 2023-02-06
    listed $99,000 Active 971-char remark

    Show marketing remark (971 chars)

    Move right into this TURN-KEY FURNISHED, 2 BEDROOM HOME which is located less than 4 miles from MANASOTA BEACH. There is a beautiful bay window across the front of the home where the eat-in kitchen is located. The spacious living room has been updated with easy-to-care for laminate flooring which extends down the hall toward the two bedrooms. Entertaining is a breeze in the LIGHT AND BRIGHT, 10'x33' lanai. This property also offers a 10'x16' WORKSHOP room with bench, lots of shelving, washer, dryer, laundry sink - PLUS A HALF BATH. Other features include a 10'x22' carport, a shed, and a patio perfect for year-round grilling. Oak Grove Mobile Home Park is a quaint, cooperative resident owned community with activities including dinners, dances, bingo, croquet, shuffleboard, billiards, a heated pool, and much more. Grounds maintenance is included in the low monthly fee of only $130. Make this comfortable home yours. Call our office to schedule a private tour.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (shaded) · 23% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 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: $27,330
• − Mortgage interest: −$2,801
• − Property taxes: −$750
• − Insurance: −$250
• − Repairs & maintenance: −$2,186
• − Management: −$2,186
• − HOA: −$1,560
• − Depreciation: −$1,455
• Taxable income: $16,142
• Est. tax owed @ 24.0%: −$3,874
• After-tax cash flow: $12,010/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This home requires moderate renovations to improve its condition and increase its value. Key areas for improvement include the kitchen and bathrooms, as well as exterior repainting.

Repairs flagged

• Moderate kitchen cabinets — dated and in need of replacement
• Moderate bathroom fixtures — dated and in need of replacement
• Moderate exterior siding — weathered and in need of repainting or replacement
• Moderate paint — faded and in need of fresh coats

Value-add opportunities

• Both kitchen renovation — modernizing the kitchen would improve both resale and rental value
• Both bathroom renovation — modernizing the bathrooms would improve both resale and rental value
• Both exterior repainting — repainting the exterior would improve curb appeal and increase both resale and rental value

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · dated and in need of replacement	Moderate	$3,000–15,000
bathroom fixtures · dated and in need of replacement	Moderate	$3,000–15,000
exterior siding · weathered and in need of repainting or replacement	Moderate	$3,000–15,000
paint · faded and in need of fresh coats	Moderate	$3,000–15,000
Total estimated repair cost · 4 items		$12,000–60,000

Value-add ROI direction

• Both kitchen renovation — modernizing the kitchen would improve both resale and rental value ↑
• Both bathroom renovation — modernizing the bathrooms would improve both resale and rental value ↑
• Both exterior repainting — repainting the exterior would improve curb appeal and increase both resale and rental value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

-49.5% since first listed

7 events — show timeline

• 2026-06-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-22 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-02 Listed $50,000 Stellar MLS as Distributed by MLS Grid
• 2023-03-15 Sold (MLS) $95,000 Stellar MLS as Distributed by MLS Grid
• 2023-02-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-02-06 Listed $99,000 Stellar MLS as Distributed by MLS Grid