5766 Forester Pine Ct · Desoto Lakes, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 30 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- 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?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- IRR
- -26.3%
- Equity multiple
- 0.13×
- Total profit
- $-96,972
- Equity at exit
- $59,626
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-21days on market $399,900 Active 200 DOM
-
2026-06-18days on market $399,900 Active 197 DOM
-
2026-06-17days on market $399,900 Active 196 DOM
-
2026-06-16days on market $399,900 Active 195 DOM
-
2026-06-15days on market $399,900 Active 194 DOM
-
2026-06-13days on market $399,900 Active 192 DOM
-
2026-06-13days on market $399,900 Active 191 DOM
-
2026-06-10days on market $399,900 Active 189 DOM
-
2026-06-09days on market $399,900 Active 188 DOM
-
2026-06-08days on market $399,900 Active 186 DOM
-
2026-06-05days on market $399,900 Active 183 DOM
-
2026-06-03days on market $399,900 Active 182 DOM
-
2026-06-02days on market $399,900 Active 181 DOM
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2026-06-01days on market $399,900 Active 180 DOM
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2026-05-31days on market $399,900 Active 179 DOM
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2026-04-13price $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.
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2026-04-10price $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.
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2026-04-01historical $3,500
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2026-03-29price $3,500
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2026-03-09price $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.
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2026-02-14price $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.
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2026-01-24price $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.
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2025-12-04$5,500
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2025-12-03$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.
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2025-08-26historical
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2025-08-15historical $2,995
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2025-07-01$2,995
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2025-07-01historical $3,500
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2025-06-17price $3,500
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2025-06-08$3,600
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2025-06-07historical $3,600
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2025-05-16price $499,999
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2025-05-15price $3,600
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2025-05-06price $519,750
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2025-03-28$3,800
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2025-03-28historical $3,800
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2025-03-27$525,000 Active
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2025-03-20price $3,800
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2025-03-06$4,000
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2024-03-16historical $3,975
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2024-03-06$3,975
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2024-03-03historical $3,975
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2024-01-11price $3,975
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2024-01-10price $4,250
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2024-01-04price $4,500
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2023-12-30price $5,000
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2023-12-20price $4,500
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2023-11-16price $4,300
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2023-11-03$4,500
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2023-10-24soldstatus $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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Industrial Technology | 2 | $29B |
|
||
| Insurance | 2 | $17B |
|
||
| Retail | 1 | $60B |
|
||
| Technology Distribution | 1 | $58B |
|
||
| Homebuilding | 1 | $35B |
|
||
| Technology Manufacturing | 1 | $35B |
|
||
Price history
+207.6% since first listed44 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%/yrLatest (2025): $4,378 · +7.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…