17 N Flora Vista St · Englewood, FL 34223

$149,900

2 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 24 Days on market

Built 1979 5,861 sqft lot $318/mo HOA · 12% of rent

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.4/10.0
• Rent growth +4.8/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Come see this lovely, spacious (1,344 sq ft) doublewide home situated on a prime corner lot. This beautifully maintained home is being sold turnkey/furnished—just bring your toothbrush! A standout feature is the newly built enclosed lanai boasting impact windows, perfect for year-round enjoyment. Inside, you'll find a rare large laundry room and storage area, providing convenience and extra space. Located in Alameda Isles, one of Englewood's premier 55+ waterfront communities, you’ll enjoy a marina with Gulf access, boat slips (subject to availability), and storage (also subject to availability). The active lifestyle continues with pickleball, bocce, and shuffleboard, plus a clu

Key facts

• Large laundry room
• Storage area
• Corner lot

Tags

• CORNER LOT
• ENCLOSED LANAI
• IMPACT WINDOWS
• LARGE LAUNDRY ROOM
• STORAGE AREA
• MARINA WITH GULF ACCESS

Property features AI

Finance

• Other: Furnished; Homestead exempt; Living area listed as 1,344 (public records); building area total 2,232
• Financial info: Total monthly fees: $318; Total annual fees: $3,816; Lease restrictions apply
• HOA & community: Alameda Isles HOA with monthly fee of $318; HOA fee includes cable TV, common area taxes, pool, escrow reserves, grounds maintenance, and recreational facilities; Association amenities: clubhouse, fitness center, maintenance, pool, recreation facilities, shuffleboard, tennis courts; Association approval required; Buyer approval required for community; Senior community; pets not allowed; Community features: community mailbox, golf carts OK, park, sidewalks

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Electricity connected; Sewer connected
• Home design: Manufactured home (double wide); Single-story; East-facing entry
• Construction: Metal siding; Membrane roof; Roof over; Pillar/post/pier foundation; Built as completed condition
• Exterior features: Sliding doors; Paved road access

Interior

• Kitchen: Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Kitchen/family room combo; Living room/dining room combo; Walk-in closets; Window treatments; 7 total rooms
• Laundry & utility: Laundry room inside; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $150k.

Deal economics

• At list price, monthly cash flow is $753 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $150k).
• Recommended offer: $148k (1.5% below list) — sets the bar for market timing.
• Cap rate 12.3% 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); Venice Senior High School (math 67% / reading 61%, grade B-, #86 of 667 statewide, top 13%, 2,584 students, 31% FRL) — zoned schools at 41% FRL track the district average.
• Market conditions: Rents rising fast (+9.0%/yr); 717 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 40% 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 $1k of loan paydown is wiped out by about $4k 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 $42k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $70k; list at $150k implies a 114% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $147,651 (1.5% below list)

Questions for the listing agent

1. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.70% ✓
• Cap rate: 12.32%
• Cash-on-cash: 21.53%
• DSCR: 1.96
• GRM: 4.9

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: 20.4%
• Equity multiple: 1.89×
• Total profit: $37,304
• Equity at exit: $22,351

10-year hold

• IRR: 32.1%
• Equity multiple: 4.72×
• Total profit: $156,200
• Equity at exit: $12,961

Cash invested: $41,972 (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.

Methodology + full state rankings →

ZIP-level market 34223

• Home prices YoY: -34.2%
• Rents YoY: 9.0%
• Active inventory: 717
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $2,546 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$92 /mo · $1,104/yr
• Insurance: −$62
• HOA: −$318
• Vacancy / Maint / Mgmt: −$535
• Net cashflow: $753

Break-even live

Break-even rent $1,593

Max offer price $149,900

Occupancy floor 65%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $318 · $3,816/yr
• Likely covers: water

Listing history 17 events

1. 2026-06-18
   days on market $149,900 Active 24 DOM
2. 2026-06-17
   days on market $149,900 Active 23 DOM
3. 2026-06-16
   days on market $149,900 Active 22 DOM
4. 2026-06-15
   days on market $149,900 Active 21 DOM
5. 2026-06-13
   days on market $149,900 Active 19 DOM
6. 2026-06-13
   days on market $149,900 Active 18 DOM
7. 2026-06-10
   days on market $149,900 Active 16 DOM
8. 2026-06-09
   days on market $149,900 Active 15 DOM
9. 2026-06-08
   days on market $149,900 Active 14 DOM
10. 2026-06-08
    days on market $149,900 Active 13 DOM
11. 2026-06-05
    days on market $149,900 Active 10 DOM
12. 2026-06-03
    days on market $149,900 Active 9 DOM
13. 2026-06-02
    days on market $149,900 Active 8 DOM
14. 2026-06-01
    days on market $149,900 Active 7 DOM
15. 2026-05-31
    days on market $149,900 Active 6 DOM
16. 2026-05-25
    listed $149,900 Active
17. 2000-03-13
    soldstatus $69,900

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

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,104 · $92/mo
• Projected year-2 tax: $1,244 · $104/mo
• Expected delta: +$141/yr (+$12/mo · 12.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (shaded) · 23% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,555
• − Mortgage interest: −$8,397
• − Property taxes: −$1,104
• − Insurance: −$750
• − Repairs & maintenance: −$2,444
• − Management: −$2,444
• − HOA: −$3,816
• − Depreciation: −$4,361
• Taxable income: $7,240
• Est. tax owed @ 24.0%: −$1,738
• After-tax cash flow: $7,299/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 — 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

+114.4% since first listed

2 events — show timeline

• 2026-05-25 Listed $149,900 Stellar MLS as Distributed by MLS Grid
• 2000-03-13 Sold (Public Records) $69,900 Public Records

Property tax history

+3.2%/yr

Latest (2025): $1,104 · +6.1% YoY. Source: county tax records.