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5766 Forester Pine Ct
D- Composite 36.86
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 +10.8/15.0
  • Cash flow +8.2/30.0
  • Schools +5.4/10.0
  • Livability +3.9/5.0
  • Condition / age +2.5/5.0
  • 1% rule +2.4/10.0
  • DSCR +2.2/10.0
  • Rent growth +1.5/5.0
  • Appreciation +0.0/10.0

$399,900

5766 Forester Pine Ct · Desoto Lakes, FL 34243
3 bd · 2.5 ba · 1,866 sqft · SingleFamily public records · 200 Days on market
Built 1990 6,158 sqft lot $214/sqft · 7% below area Est $432k · 7% under $69/mo HOA · 2% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Short Sale. PRICE ADJUSTMENT! Don’t miss out on this MOVE IN READY home in the highly desirable Cedar Creek subdivision—where comfort, style, and convenience meet. Every detail has been lovingly attended to, creating a move-in-ready sanctuary with modern upgrades throughout. As you enter, you’ll immediately notice the beautifully refreshed furnishings most of which are negotiable for a seamless move-in experience. Major system upgrades offer peace of mind, including newer electrical outlets (2016), fully cleaned and serviced ductwork, air handler, and exterior AC unit (2017), AC motor replacement and full service (2018), capacitor replacement during 2023 maintenance, a new water heater (2021), and a 30-year roof installed in 2010. All upstairs carpets were replaced in 2024. The spacious living room features laminate flooring and updated curtains and rods, creating a warm and inviting atmosphere. The kitchen and dining areas have been tastefully remodeled with shiplap accents, open shelving, an island, a custom oven hood, and updated lighting. Built-in window seats provide both dining space and convenient extra storage. The downstairs bathroom was refreshed in August 2023 with new paint, updated lighting, and a new faucet. The AIR CONDITIONED garage was treated to textured walls and fresh paint in August 2023, and the garage door was also serviced in 2023. Upstairs, the primary suite offers a peaceful retreat with fresh paint and a new ceiling fan. The primary bathroom was fully gutted and completely remodeled in August 2023, featuring new tile, flooring, fixtures, and a fully updated shower. The guest bathroom received the same level of attention with a new tub, tile, fixtures, toilet, flooring, and paint. Its one-of-a-kind vanity—sourced from a boathouse near the Ringling Museum and beautifully refurbished—adds a unique nautical charm. The third bedroom, features fresh paint and a newer ceiling fan. The additional guest room offers comfort for visitors. The stairs, hallway, and all doors have been freshly painted, tying the entire upstairs together with a polished finish. The home’s exterior is just as impressive, featuring a welcoming fountain, updated front door hardware, Ring security cameras, full pressure washing, fresh landscaping, trimmed trees, updated lighting, and soffit and trim repairs—creating exceptional curb appeal. Living in Cedar Creek means enjoying one of Sarasota’s most convenient and centrally located communities. You’re just minutes from University Town Center that includes world-class dining, shopping, and the vibrant arts scene of downtown Sarasota, while the tranquil Gulf beaches are only a short drive away—perfect for weekend relaxation and waterfront adventures. Don’t miss this opportunity to own a beautifully updated, truly turn-key home in Cedar Creek. Schedule your private showing today and experience for yourself the comfort, beauty, and care this exceptional property offers.

Key facts

  • Exterior ac unit
  • Air handler
  • 6,158 sq ft lot

Tags

MOVE-IN-READY SANCTUARYMAJOR SYSTEM UPGRADESNEWER ELECTRICAL OUTLETSFULLY CLEANED DUCTWORKAIR HANDLEREXTERIOR AC UNIT

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath single-family listed at $400k.

Deal economics

  • At list price, monthly cash flow is $-370 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $335k (16.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $295k (26.3% below list).
  • Recommended offer: $295k (26.3% below list) — sets the bar for 1% rule.

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: schools C-, 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.
  • Market conditions: Rents falling (-4.1%/yr); 386 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 44% 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 $3k of loan paydown is wiped out by about $12k 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 200 days — a 12% lower offer ($352k) is reasonable based on typical stale-listing flexibility.
  • 12 sale attempts since 22y ago; this cycle's ask is 7171% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

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 $294,687 (26.3% 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 200 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. 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. 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
0.74%
Cap rate
5.18%
Cash-on-cash
-3.96%
DSCR
0.82
GRM
11.3

CMA / ARV

ARV (median comp)
$431,778
List price
$399,900
Delta
-7.38%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5023 Ithaca Ln 0.43mi 3/2.0 1,799 (-4%) 0mo $379,900 $211 72
5004 Brandeis Cir N 0.45mi 3/2.0 1,808 (-3%) 4mo $374,900 $207 68
8429 Cypress Lake Cir 0.33mi 3/2.0 1,701 (-9%) 9mo $375,000 $220 61
8215 Country Oaks Ct 0.66mi 3/3.0 1,953 (+5%) 1mo $410,000 $210 59
5061 82nd Way E 0.64mi 4/2.5 (+1) 1,804 (-3%) 9mo $460,000 $255 52
8240 Cypress Lake Dr 0.53mi 4/3.0 (+1) 1,993 (+7%) 11mo $330,000 $166 48
8427 Brandeis Cir E 0.40mi 4/2.0 (+1) 1,608 (-14%) 4mo $397,000 $247 48
4811 Glenbrooke Dr 0.70mi 3/2.0 1,705 (-9%) 4mo $480,000 $282 47
8493 Cypress Lake Cir 0.45mi 3/2.0 1,623 (-13%) 16mo $365,000 $225 42
8155 Glenbrooke Ct 0.68mi 3/2.0 1,611 (-14%) 4mo $315,000 $196 40
5512 Gardens Dr 0.73mi 3/2.0 1,648 (-12%) 15mo $375,000 $228 32
4712 Glenbrooke Dr 0.73mi 3/2.0 1,611 (-14%) 12mo $475,000 $295 31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold
IRR
-26.3%
Equity multiple
0.13×
Total profit
$-96,972
Equity at exit
$59,626
10-year hold
IRR
-37.0%
Equity multiple
-0.32×
Total profit
$-148,111
Equity at exit
$34,576

Cash invested: $111,972 (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.

ZIP-level market 34243

Home prices YoY
-23.0%
Rents YoY
-4.1%
Active inventory
386
Price-to-rent
11.3×

Monthly cashflow live

Estimated rent
$2,947 high interval (Pro) →
Mortgage (P&I)
$2,097
Tax from tax record
$365 /mo · $4,378/yr
Insurance
$167
HOA
$69
Vacancy / Maint / Mgmt
$619
Net cashflow
$-370

Break-even live

Break-even rent $3,415
Max offer price $334,612
Occupancy floor

Sensitivity live

Price -10% $-143 -5% $-256 +0% $-370 +5% $-483 +10% $-596
Rent -10% $-602 -5% $-486 +0% $-370 +5% $-253 +10% $-137
Rate -1.0pp $-168 -0.5pp $-268 base $-370 +0.5pp $-473 +1.0pp $-579

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
$99,975
Closing costs
$11,997
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 36 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
8434 Cypress Lake Cir Sarasota, FL 3.0 2.0 1768 $3,500 $1.98 24d 1 0.31mi
8429 Cypress Lake Cir Sarasota, FL 4.0 2.0 1701 $3,600 $2.12 24d 1 0.31mi
8340 Brandeis Cir W Sarasota, FL 4.0 2.0 2179 $2,871 $1.32 12d 1 0.44mi
8316 Brandeis Cir W Sarasota, FL 3.0 2.0 1652 $2,450 $1.48 4d 1 0.47mi
8240 Cypress Lake Dr Sarasota, FL 4.0 3.0 1993 $4,750 $2.38 17d 1 0.51mi
5025 82nd Way E Sarasota, FL 3.0 2.0 1321 $2,250 $1.70 24d 1 0.52mi
8445 Gardens Cir Sarasota, FL 1.0–3.0 1.0–2.0 973 $2,172 $2.23 3d 29 0.72mi
8119 Villa Grande Ct Unit Available Sarasota, FL 3.0 2.5 2120 $2,600 $1.23 24d 1 0.79mi
8128 Villa Grande Ct Sarasota, FL 3.0 2.5 1818 $3,190 $1.75 21d 1 0.83mi
8204 Villa Grande Ct Sarasota, FL 3.0 2.5 2121 $3,200 $1.51 17d 1 0.84mi
6041 Clubside Dr Unit 6041 Sarasota, FL 2.0 2.0 1380 $2,950 $2.14 24d 1 1.01mi
3870 82nd Avenue Cir E #104 Sarasota, FL 3.0 2.5 1661 $2,100 $1.26 4d 1 1.05mi
3880 82nd Avenue Cir E #101 Sarasota, FL 3.0 2.5 1661 $3,250 $1.96 24d 1 1.07mi
3810 82nd Avenue Cir E #102 Sarasota, FL 3.0 2.5 1661 $3,200 $1.93 24d 1 1.08mi
5924 Clubside Dr Sarasota, FL 2.0 2.0 1380 $2,500 $1.81 24d 1 1.08mi
6104 Turnbury Park Dr Sarasota, FL 1.0–3.0 1.0–2.0 1065 $2,505 $2.35 2d 29 1.10mi
5409 Palm Aire Dr Sarasota, FL 3.0 2.0 2098 $3,500 $1.67 24d 1 1.11mi
3716 82nd Avenue Cir E #102 Sarasota, FL 3.0 2.5 1661 $4,200 $2.53 24d 1 1.13mi
5219 Inverness Dr Sarasota, FL 3.0 2.0 1933 $3,200 $1.66 24d 1 1.20mi
3770 82nd Avenue Cir E #103 Sarasota, FL 3.0 2.5 1661 $2,150 $1.29 24d 1 1.20mi
3736 82nd Avenue Cir E #105 Sarasota, FL 3.0 2.5 1661 $2,200 $1.32 24d 1 1.21mi
2575 University Pkwy Sarasota, FL 1.0–3.0 1.0–2.0 1026 $2,779 $2.71 2d 25 1.22mi
3617 82nd Pl E Sarasota, FL 3.0 2.0 1858 $2,700 $1.45 24d 1 1.23mi
3740 82nd Avenue Cir E #102 Sarasota, FL 3.0 2.5 1661 $3,500 $2.11 24d 1 1.23mi
5008 Medalist Rd Sarasota, FL 3.0 2.0 1824 $3,000 $1.64 24d 1 1.25mi
3746 82nd Avenue Cir E Unit E102 Sarasota, FL 3.0 2.5 1661 $2,050 $1.23 12d 1 1.25mi
3746 82nd Avenue Cir E #102 Sarasota, FL 3.0 3.0 1661 $2,050 $1.23 4d 1 1.25mi
3756 82nd Avenue Cir E #101 Sarasota, FL 3.0 2.5 1661 $2,300 $1.38 24d 1 1.25mi
6211 Timber Lake Dr Unit B9 Sarasota, FL 2.0 2.0 1274 $1,750 $1.37 24d 1 1.26mi
3750 82nd Avenue Cir E #104 Sarasota, FL 3.0 2.5 1661 $2,750 $1.66 24d 1 1.27mi
5217 Canterbury Dr Sarasota, FL 3.0 2.0 2146 $2,800 $1.30 24d 1 1.36mi
8133 Misty Oaks Blvd Sarasota, FL 3.0 2.5 2423 $4,300 $1.77 24d 1 1.37mi
4208 76th Dr E Sarasota, FL 3.0 2.0 1350 $2,645 $1.96 4d 1 1.41mi
2351 University Pkwy Sarasota, FL 1.0–3.0 1.0–2.0 1046 $3,121 $2.98 2d 24 1.44mi
6120 Country Club Way #207 Sarasota, FL 2.0 2.0 1400 $1,950 $1.39 24d 1 1.48mi
6110 Country Club Way #201 Sarasota, FL 2.0 2.0 1400 $4,000 $2.86 24d 1 1.49mi

HOA detail

Monthly dues
$69 · $828/yr
Likely covers
waterelectriclandscapingsecurity

Listing history 50 events

  1. 2026-06-21
    days on market $399,900 Active 200 DOM
  2. 2026-06-18
    days on market $399,900 Active 197 DOM
  3. 2026-06-17
    days on market $399,900 Active 196 DOM
  4. 2026-06-16
    days on market $399,900 Active 195 DOM
  5. 2026-06-15
    days on market $399,900 Active 194 DOM
  6. 2026-06-13
    days on market $399,900 Active 192 DOM
  7. 2026-06-13
    days on market $399,900 Active 191 DOM
  8. 2026-06-10
    days on market $399,900 Active 189 DOM
  9. 2026-06-09
    days on market $399,900 Active 188 DOM
  10. 2026-06-08
    days on market $399,900 Active 186 DOM
  11. 2026-06-05
    days on market $399,900 Active 183 DOM
  12. 2026-06-03
    days on market $399,900 Active 182 DOM
  13. 2026-06-02
    days on market $399,900 Active 181 DOM
  14. 2026-06-01
    days on market $399,900 Active 180 DOM
  15. 2026-05-31
    days on market $399,900 Active 179 DOM
  16. 2026-04-13
    price $399,900 3032-char remark
    Show marketing remark (3032 chars)

    Short Sale. PRICE ADJUSTMENT! Don’t miss out on this MOVE IN READY home in the highly desirable Cedar Creek subdivision—where comfort, style, and convenience meet. Every detail has been lovingly attended to, creating a move-in-ready sanctuary with modern upgrades throughout. As you enter, you’ll immediately notice the beautifully refreshed furnishings most of which are negotiable for a seamless move-in experience. Major system upgrades offer peace of mind, including newer electrical outlets (2016), fully cleaned and serviced ductwork, air handler, and exterior AC unit (2017), AC motor replacement and full service (2018), capacitor replacement during 2023 maintenance, a new water heater (2021), and a 30-year roof installed in 2010. All upstairs carpets were replaced in 2024. The spacious living room features laminate flooring and updated curtains and rods, creating a warm and inviting atmosphere. The kitchen and dining areas have been tastefully remodeled with shiplap accents, open shelving, an island, a custom oven hood, and updated lighting. Built-in window seats provide both dining space and convenient extra storage. The downstairs bathroom was refreshed in August 2023 with new paint, updated lighting, and a new faucet. The AIR CONDITIONED garage was treated to textured walls and fresh paint in August 2023, and the garage door was also serviced in 2023. Upstairs, the primary suite offers a peaceful retreat with fresh paint and a new ceiling fan. The primary bathroom was fully gutted and completely remodeled in August 2023, featuring new tile, flooring, fixtures, and a fully updated shower. The guest bathroom received the same level of attention with a new tub, tile, fixtures, toilet, flooring, and paint. Its one-of-a-kind vanity—sourced from a boathouse near the Ringling Museum and beautifully refurbished—adds a unique nautical charm. The third bedroom, features fresh paint and a newer ceiling fan. The additional guest room offers comfort for visitors. The stairs, hallway, and all doors have been freshly painted, tying the entire upstairs together with a polished finish. The home’s exterior is just as impressive, featuring a welcoming fountain, updated front door hardware, Ring security cameras, full pressure washing, fresh landscaping, trimmed trees, updated lighting, and soffit and trim repairs—creating exceptional curb appeal. Living in Cedar Creek means enjoying one of Sarasota’s most convenient and centrally located communities. You’re just minutes from University Town Center that includes world-class dining, shopping, and the vibrant arts scene of downtown Sarasota, while the tranquil Gulf beaches are only a short drive away—perfect for weekend relaxation and waterfront adventures. Don’t miss this opportunity to own a beautifully updated, truly turn-key home in Cedar Creek. Schedule your private showing today and experience for yourself the comfort, beauty, and care this exceptional property offers.

  17. 2026-04-10
    price $449,900 3032-char remark
    Show marketing remark (3032 chars)

    Short Sale. PRICE ADJUSTMENT! Don’t miss out on this MOVE IN READY home in the highly desirable Cedar Creek subdivision—where comfort, style, and convenience meet. Every detail has been lovingly attended to, creating a move-in-ready sanctuary with modern upgrades throughout. As you enter, you’ll immediately notice the beautifully refreshed furnishings most of which are negotiable for a seamless move-in experience. Major system upgrades offer peace of mind, including newer electrical outlets (2016), fully cleaned and serviced ductwork, air handler, and exterior AC unit (2017), AC motor replacement and full service (2018), capacitor replacement during 2023 maintenance, a new water heater (2021), and a 30-year roof installed in 2010. All upstairs carpets were replaced in 2024. The spacious living room features laminate flooring and updated curtains and rods, creating a warm and inviting atmosphere. The kitchen and dining areas have been tastefully remodeled with shiplap accents, open shelving, an island, a custom oven hood, and updated lighting. Built-in window seats provide both dining space and convenient extra storage. The downstairs bathroom was refreshed in August 2023 with new paint, updated lighting, and a new faucet. The AIR CONDITIONED garage was treated to textured walls and fresh paint in August 2023, and the garage door was also serviced in 2023. Upstairs, the primary suite offers a peaceful retreat with fresh paint and a new ceiling fan. The primary bathroom was fully gutted and completely remodeled in August 2023, featuring new tile, flooring, fixtures, and a fully updated shower. The guest bathroom received the same level of attention with a new tub, tile, fixtures, toilet, flooring, and paint. Its one-of-a-kind vanity—sourced from a boathouse near the Ringling Museum and beautifully refurbished—adds a unique nautical charm. The third bedroom, features fresh paint and a newer ceiling fan. The additional guest room offers comfort for visitors. The stairs, hallway, and all doors have been freshly painted, tying the entire upstairs together with a polished finish. The home’s exterior is just as impressive, featuring a welcoming fountain, updated front door hardware, Ring security cameras, full pressure washing, fresh landscaping, trimmed trees, updated lighting, and soffit and trim repairs—creating exceptional curb appeal. Living in Cedar Creek means enjoying one of Sarasota’s most convenient and centrally located communities. You’re just minutes from University Town Center that includes world-class dining, shopping, and the vibrant arts scene of downtown Sarasota, while the tranquil Gulf beaches are only a short drive away—perfect for weekend relaxation and waterfront adventures. Don’t miss this opportunity to own a beautifully updated, truly turn-key home in Cedar Creek. Schedule your private showing today and experience for yourself the comfort, beauty, and care this exceptional property offers.

  18. 2026-04-01
    historical $3,500
  19. 2026-03-29
    price $3,500
  20. 2026-03-09
    price $474,900 3032-char remark
    Show marketing remark (3032 chars)

    Short Sale. PRICE ADJUSTMENT! Don’t miss out on this MOVE IN READY home in the highly desirable Cedar Creek subdivision—where comfort, style, and convenience meet. Every detail has been lovingly attended to, creating a move-in-ready sanctuary with modern upgrades throughout. As you enter, you’ll immediately notice the beautifully refreshed furnishings most of which are negotiable for a seamless move-in experience. Major system upgrades offer peace of mind, including newer electrical outlets (2016), fully cleaned and serviced ductwork, air handler, and exterior AC unit (2017), AC motor replacement and full service (2018), capacitor replacement during 2023 maintenance, a new water heater (2021), and a 30-year roof installed in 2010. All upstairs carpets were replaced in 2024. The spacious living room features laminate flooring and updated curtains and rods, creating a warm and inviting atmosphere. The kitchen and dining areas have been tastefully remodeled with shiplap accents, open shelving, an island, a custom oven hood, and updated lighting. Built-in window seats provide both dining space and convenient extra storage. The downstairs bathroom was refreshed in August 2023 with new paint, updated lighting, and a new faucet. The AIR CONDITIONED garage was treated to textured walls and fresh paint in August 2023, and the garage door was also serviced in 2023. Upstairs, the primary suite offers a peaceful retreat with fresh paint and a new ceiling fan. The primary bathroom was fully gutted and completely remodeled in August 2023, featuring new tile, flooring, fixtures, and a fully updated shower. The guest bathroom received the same level of attention with a new tub, tile, fixtures, toilet, flooring, and paint. Its one-of-a-kind vanity—sourced from a boathouse near the Ringling Museum and beautifully refurbished—adds a unique nautical charm. The third bedroom, features fresh paint and a newer ceiling fan. The additional guest room offers comfort for visitors. The stairs, hallway, and all doors have been freshly painted, tying the entire upstairs together with a polished finish. The home’s exterior is just as impressive, featuring a welcoming fountain, updated front door hardware, Ring security cameras, full pressure washing, fresh landscaping, trimmed trees, updated lighting, and soffit and trim repairs—creating exceptional curb appeal. Living in Cedar Creek means enjoying one of Sarasota’s most convenient and centrally located communities. You’re just minutes from University Town Center that includes world-class dining, shopping, and the vibrant arts scene of downtown Sarasota, while the tranquil Gulf beaches are only a short drive away—perfect for weekend relaxation and waterfront adventures. Don’t miss this opportunity to own a beautifully updated, truly turn-key home in Cedar Creek. Schedule your private showing today and experience for yourself the comfort, beauty, and care this exceptional property offers.

  21. 2026-02-14
    price $475,000 3032-char remark
    Show marketing remark (3032 chars)

    Short Sale. PRICE ADJUSTMENT! Don’t miss out on this MOVE IN READY home in the highly desirable Cedar Creek subdivision—where comfort, style, and convenience meet. Every detail has been lovingly attended to, creating a move-in-ready sanctuary with modern upgrades throughout. As you enter, you’ll immediately notice the beautifully refreshed furnishings most of which are negotiable for a seamless move-in experience. Major system upgrades offer peace of mind, including newer electrical outlets (2016), fully cleaned and serviced ductwork, air handler, and exterior AC unit (2017), AC motor replacement and full service (2018), capacitor replacement during 2023 maintenance, a new water heater (2021), and a 30-year roof installed in 2010. All upstairs carpets were replaced in 2024. The spacious living room features laminate flooring and updated curtains and rods, creating a warm and inviting atmosphere. The kitchen and dining areas have been tastefully remodeled with shiplap accents, open shelving, an island, a custom oven hood, and updated lighting. Built-in window seats provide both dining space and convenient extra storage. The downstairs bathroom was refreshed in August 2023 with new paint, updated lighting, and a new faucet. The AIR CONDITIONED garage was treated to textured walls and fresh paint in August 2023, and the garage door was also serviced in 2023. Upstairs, the primary suite offers a peaceful retreat with fresh paint and a new ceiling fan. The primary bathroom was fully gutted and completely remodeled in August 2023, featuring new tile, flooring, fixtures, and a fully updated shower. The guest bathroom received the same level of attention with a new tub, tile, fixtures, toilet, flooring, and paint. Its one-of-a-kind vanity—sourced from a boathouse near the Ringling Museum and beautifully refurbished—adds a unique nautical charm. The third bedroom, features fresh paint and a newer ceiling fan. The additional guest room offers comfort for visitors. The stairs, hallway, and all doors have been freshly painted, tying the entire upstairs together with a polished finish. The home’s exterior is just as impressive, featuring a welcoming fountain, updated front door hardware, Ring security cameras, full pressure washing, fresh landscaping, trimmed trees, updated lighting, and soffit and trim repairs—creating exceptional curb appeal. Living in Cedar Creek means enjoying one of Sarasota’s most convenient and centrally located communities. You’re just minutes from University Town Center that includes world-class dining, shopping, and the vibrant arts scene of downtown Sarasota, while the tranquil Gulf beaches are only a short drive away—perfect for weekend relaxation and waterfront adventures. Don’t miss this opportunity to own a beautifully updated, truly turn-key home in Cedar Creek. Schedule your private showing today and experience for yourself the comfort, beauty, and care this exceptional property offers.

  22. 2026-01-24
    price $485,000 3032-char remark
    Show marketing remark (3032 chars)

    Short Sale. PRICE ADJUSTMENT! Don’t miss out on this MOVE IN READY home in the highly desirable Cedar Creek subdivision—where comfort, style, and convenience meet. Every detail has been lovingly attended to, creating a move-in-ready sanctuary with modern upgrades throughout. As you enter, you’ll immediately notice the beautifully refreshed furnishings most of which are negotiable for a seamless move-in experience. Major system upgrades offer peace of mind, including newer electrical outlets (2016), fully cleaned and serviced ductwork, air handler, and exterior AC unit (2017), AC motor replacement and full service (2018), capacitor replacement during 2023 maintenance, a new water heater (2021), and a 30-year roof installed in 2010. All upstairs carpets were replaced in 2024. The spacious living room features laminate flooring and updated curtains and rods, creating a warm and inviting atmosphere. The kitchen and dining areas have been tastefully remodeled with shiplap accents, open shelving, an island, a custom oven hood, and updated lighting. Built-in window seats provide both dining space and convenient extra storage. The downstairs bathroom was refreshed in August 2023 with new paint, updated lighting, and a new faucet. The AIR CONDITIONED garage was treated to textured walls and fresh paint in August 2023, and the garage door was also serviced in 2023. Upstairs, the primary suite offers a peaceful retreat with fresh paint and a new ceiling fan. The primary bathroom was fully gutted and completely remodeled in August 2023, featuring new tile, flooring, fixtures, and a fully updated shower. The guest bathroom received the same level of attention with a new tub, tile, fixtures, toilet, flooring, and paint. Its one-of-a-kind vanity—sourced from a boathouse near the Ringling Museum and beautifully refurbished—adds a unique nautical charm. The third bedroom, features fresh paint and a newer ceiling fan. The additional guest room offers comfort for visitors. The stairs, hallway, and all doors have been freshly painted, tying the entire upstairs together with a polished finish. The home’s exterior is just as impressive, featuring a welcoming fountain, updated front door hardware, Ring security cameras, full pressure washing, fresh landscaping, trimmed trees, updated lighting, and soffit and trim repairs—creating exceptional curb appeal. Living in Cedar Creek means enjoying one of Sarasota’s most convenient and centrally located communities. You’re just minutes from University Town Center that includes world-class dining, shopping, and the vibrant arts scene of downtown Sarasota, while the tranquil Gulf beaches are only a short drive away—perfect for weekend relaxation and waterfront adventures. Don’t miss this opportunity to own a beautifully updated, truly turn-key home in Cedar Creek. Schedule your private showing today and experience for yourself the comfort, beauty, and care this exceptional property offers.

  23. 2025-12-04
    listed $5,500
  24. 2025-12-03
    listed $499,900 Active 3032-char remark
    Show marketing remark (3032 chars)

    Short Sale. PRICE ADJUSTMENT! Don’t miss out on this MOVE IN READY home in the highly desirable Cedar Creek subdivision—where comfort, style, and convenience meet. Every detail has been lovingly attended to, creating a move-in-ready sanctuary with modern upgrades throughout. As you enter, you’ll immediately notice the beautifully refreshed furnishings most of which are negotiable for a seamless move-in experience. Major system upgrades offer peace of mind, including newer electrical outlets (2016), fully cleaned and serviced ductwork, air handler, and exterior AC unit (2017), AC motor replacement and full service (2018), capacitor replacement during 2023 maintenance, a new water heater (2021), and a 30-year roof installed in 2010. All upstairs carpets were replaced in 2024. The spacious living room features laminate flooring and updated curtains and rods, creating a warm and inviting atmosphere. The kitchen and dining areas have been tastefully remodeled with shiplap accents, open shelving, an island, a custom oven hood, and updated lighting. Built-in window seats provide both dining space and convenient extra storage. The downstairs bathroom was refreshed in August 2023 with new paint, updated lighting, and a new faucet. The AIR CONDITIONED garage was treated to textured walls and fresh paint in August 2023, and the garage door was also serviced in 2023. Upstairs, the primary suite offers a peaceful retreat with fresh paint and a new ceiling fan. The primary bathroom was fully gutted and completely remodeled in August 2023, featuring new tile, flooring, fixtures, and a fully updated shower. The guest bathroom received the same level of attention with a new tub, tile, fixtures, toilet, flooring, and paint. Its one-of-a-kind vanity—sourced from a boathouse near the Ringling Museum and beautifully refurbished—adds a unique nautical charm. The third bedroom, features fresh paint and a newer ceiling fan. The additional guest room offers comfort for visitors. The stairs, hallway, and all doors have been freshly painted, tying the entire upstairs together with a polished finish. The home’s exterior is just as impressive, featuring a welcoming fountain, updated front door hardware, Ring security cameras, full pressure washing, fresh landscaping, trimmed trees, updated lighting, and soffit and trim repairs—creating exceptional curb appeal. Living in Cedar Creek means enjoying one of Sarasota’s most convenient and centrally located communities. You’re just minutes from University Town Center that includes world-class dining, shopping, and the vibrant arts scene of downtown Sarasota, while the tranquil Gulf beaches are only a short drive away—perfect for weekend relaxation and waterfront adventures. Don’t miss this opportunity to own a beautifully updated, truly turn-key home in Cedar Creek. Schedule your private showing today and experience for yourself the comfort, beauty, and care this exceptional property offers.

  25. 2025-08-26
    historical
  26. 2025-08-15
    historical $2,995
  27. 2025-07-01
    listed $2,995
  28. 2025-07-01
    historical $3,500
  29. 2025-06-17
    price $3,500
  30. 2025-06-08
    listed $3,600
  31. 2025-06-07
    historical $3,600
  32. 2025-05-16
    price $499,999
  33. 2025-05-15
    price $3,600
  34. 2025-05-06
    price $519,750
  35. 2025-03-28
    listed $3,800
  36. 2025-03-28
    historical $3,800
  37. 2025-03-27
    listed $525,000 Active
  38. 2025-03-20
    price $3,800
  39. 2025-03-06
    listed $4,000
  40. 2024-03-16
    historical $3,975
  41. 2024-03-06
    listed $3,975
  42. 2024-03-03
    historical $3,975
  43. 2024-01-11
    price $3,975
  44. 2024-01-10
    price $4,250
  45. 2024-01-04
    price $4,500
  46. 2023-12-30
    price $5,000
  47. 2023-12-20
    price $4,500
  48. 2023-11-16
    price $4,300
  49. 2023-11-03
    listed $4,500
  50. 2023-10-24
    soldstatus $475,000 Closed

ⓘ 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
$4,378 · $365/mo
Projected year-2 tax
$4,378 · $365/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 · 30 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$35,362
− Mortgage interest
−$22,401
− Property taxes
−$4,378
− Insurance
−$2,000
− Repairs & maintenance
−$2,829
− Management
−$2,829
− HOA
−$828
− Depreciation
−$11,633
Taxable loss
−$11,535
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,769
After-tax cash flow
$-1,666/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

Price history

+207.6% since first listed
44 events — show timeline
  • 2026-04-13 Price Changed $399,900 Stellar MLS as Distributed by MLS Grid
  • 2026-04-10 Price Changed $449,900 Stellar MLS as Distributed by MLS Grid
  • 2026-04-01 Rental Removed $3,500 STELLARMLS
  • 2026-03-29 Price Changed $3,500 STELLARMLS
  • 2026-03-09 Price Changed $474,900 Stellar MLS as Distributed by MLS Grid
  • 2026-02-14 Price Changed $475,000 Stellar MLS as Distributed by MLS Grid
  • 2026-01-24 Price Changed $485,000 Stellar MLS as Distributed by MLS Grid
  • 2025-12-04 Listed for Rent $5,500 STELLARMLS
  • 2025-12-03 Listed $499,900 Stellar MLS as Distributed by MLS Grid
  • 2025-08-26 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2025-08-15 Rental Removed $2,995 STELLARMLS
  • 2025-07-01 Listed for Rent $2,995 STELLARMLS
  • 2025-07-01 Rental Removed $3,500 Avail
  • 2025-06-17 Price Changed $3,500 Avail
  • 2025-06-08 Listed for Rent $3,600 Avail
  • 2025-06-07 Rental Removed $3,600 STELLARMLS
  • 2025-05-16 Price Changed $499,999 Stellar MLS as Distributed by MLS Grid
  • 2025-05-15 Price Changed $3,600 STELLARMLS
  • 2025-05-06 Price Changed $519,750 Stellar MLS as Distributed by MLS Grid
  • 2025-03-28 Listed for Rent $3,800 STELLARMLS
  • 2025-03-28 Rental Removed $3,800 Avail
  • 2025-03-27 Listed $525,000 Stellar MLS as Distributed by MLS Grid
  • 2025-03-20 Price Changed $3,800 Avail
  • 2025-03-06 Listed for Rent $4,000 Avail
  • 2024-03-16 Rental Removed $3,975 Avail
  • 2024-03-06 Listed for Rent $3,975 Avail
  • 2024-03-03 Rental Removed $3,975 STELLARMLS
  • 2024-01-11 Price Changed $3,975 STELLARMLS
  • 2024-01-10 Price Changed $4,250 STELLARMLS
  • 2024-01-04 Price Changed $4,500 STELLARMLS
  • 2023-12-30 Price Changed $5,000 STELLARMLS
  • 2023-12-20 Price Changed $4,500 STELLARMLS
  • 2023-11-16 Price Changed $4,300 STELLARMLS
  • 2023-11-03 Listed for Rent $4,500 STELLARMLS
  • 2023-10-24 Sold (Public Records) $475,000 Public Records
  • 2023-10-24 Sold (MLS) $475,000 Stellar MLS as Distributed by MLS Grid
  • 2023-09-23 Pending Stellar MLS as Distributed by MLS Grid
  • 2023-09-19 Relisted Stellar MLS as Distributed by MLS Grid
  • 2023-09-15 Pending Stellar MLS as Distributed by MLS Grid
  • 2023-09-08 Listed $475,000 Stellar MLS as Distributed by MLS Grid
  • 2004-09-30 Sold (Public Records) $215,000 Public Records
  • 2004-09-29 Sold (MLS) $214,950 Stellar MLS as Distributed by MLS Grid
  • 2004-08-13 Listed $214,950 Stellar MLS as Distributed by MLS Grid
  • 1998-11-30 Sold (Public Records) $130,000 Public Records

Property tax history

+10.2%/yr

Latest (2025): $4,378 · +7.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…