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7420 Manasota Key Rd
Score
68
Englewood, FL

7420 Manasota Key Rd

2.5M
3 bd • 2 ba • 2,078 sf

This analysis was generated on 8/4/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$2,500,000
+606%vs 34223
Price/Sq.Ft
$1,203
+423%vs 34223
Above Estimated Range
4.2% above range

Current Price

$2,500,000

Estimated Range

$2,200,000 - $2,400,000

$2,500,000
Below Market-20%
Above Market+20%

*AI analysis for entertainment only - not professional appraisal. Consult licensed professionals for property valuations.*

Market Data Points

3 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

AI Suggested Range (Entertainment Only)

$2,300,000
AI Success Estimate:High(65%)
*Entertainment only - actual results may vary*

AI Rationale

The offer reflects the property's value considering necessary renovations and market conditions. The seller's potential motivation due to DOM and market downturn supports this strategy.

AI Analysis Score
68
74
Home Condition
85
Natural Light
64
Value
68
Location

*AI scoring for entertainment purposes only. Scores are subjective and not professional evaluations. Consult professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Basic Screened-In Porch
Basic Screened-In Porch

Basic Screened-In Porch

The screened-in porch has a basic design and could be enhanced to better utilize the beachfront views.

Outdated Kitchen
Outdated Kitchen

Outdated Kitchen

The kitchen features outdated white cabinets, black appliances, and gray countertops. The white tile flooring also appears dated.

Outdated Bathrooms
Outdated Bathrooms

Outdated Bathrooms

The bathrooms have dated fixtures, tile, and finishes. The blue and white color scheme is also outdated.

Worn Tile Flooring
Worn Tile Flooring

Worn Tile Flooring

The white tile flooring throughout the kitchen, dining area, and bathrooms is dated and shows wear.

Weathered Exterior
Weathered Exterior

Weathered Exterior

Some properties show signs of weathering, potentially requiring exterior maintenance.

Coastal Exposure
Coastal Exposure

Coastal Exposure

Proximity to the ocean may lead to increased insurance costs and potential storm damage.

Dated Exterior Color Scheme
Dated Exterior Color Scheme

Dated Exterior Color Scheme

The blue awning and door color are dated and clash with the exterior.

Outdated Wicker Furniture
Outdated Wicker Furniture

Outdated Wicker Furniture

The wicker furniture throughout the living areas is outdated and detracts from the overall aesthetic.

Dated Staircase
Dated Staircase

Dated Staircase

The stairs leading to the basement have a dated wood finish and could benefit from refinishing or replacement.

Rock Barrier
Rock Barrier

Rock Barrier

The rock barrier, while functional, may not be aesthetically pleasing to all buyers.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$40,000

Kitchen Renovation

$25,000
High

Bathroom Renovations

$15,000
High

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Jan
2010
$0Cash Purchase
January 8, 2010
From:Helen T Kerr, Almeria T Cottingham
To:7420 Mkr Llc
Special Warranty Deed
Non-Arm's Length Transactions

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$2,500,000
-30%List: $2,500,000+30%
20%
$500,000of $2,500,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $10,500/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$664,650
Closing Costs
+$164,650
Down Payment
$500,000
Buyer Agent Fee
$63,750
Loan Fees
$20,000
Title & Escrow
$15,000
Inspections
$900
Transfer Tax
$27,500
Prepaid Expenses
$37,500

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
56 days
vs 135 day average
This home has been listed for 56 days, while homes in this area typically sell in 135 days
Inventory Health
383
homes for sale
78 homes sold last month, indicating 4.9x more supply than demand
Price Dynamics
93.4%
of asking price
Homes typically sell for 6.6% below asking price

*Market analysis for entertainment purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$362,495
Current median price
-16.3%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests softening
Prices are down 3.3% over the last 3 months
3 Months
-3.3%
6 Months
-16.2%
1 Year
-16.3%

*Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.*

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Home sales increasing 69.2% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$362,495
3 Months Ago
$282,000
+28.5%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$2,500,000
Price/sqft
$1,203
Layout
3 bd2 ba
Days on market
56 daysat time of analysis

Stats in the Area

Based on 4 comparable properties nearby

Average Price

$792,583

215.4%

Your price is 215.4% above average

Median Price

$475,000

426.3%

Based on 4 recent sales

Price per Sq.Ft

$498

141.6%

Your price is 141.6% above average $/sqft

Comparable Properties

7820 MANASOTA KEY ROAD, ENGLEWOOD, FL 34223
Price: $2,333,333
Sq.Ft: 1,987
Beds/Baths: 3/2
$/Sq.Ft:
$1,1742.4%
Sale Date: 3/21/2025
395 EDEN DRIVE, ENGLEWOOD, FL 34223
Price: $270,000
Sq.Ft: 2,230
Beds/Baths: 3/2
$/Sq.Ft:
$12189.9%
Sale Date: 3/27/2025
409 FIRETHORN AVENUE, ENGLEWOOD, FL 34223
Price: $475,000
Sq.Ft: 2,385
Beds/Baths: 3/2
$/Sq.Ft:
$19983.4%
Sale Date: 4/9/2025
FIRETHORN AVENUE, ENGLEWOOD, FL 34223
Price: $92,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 2/12/2025

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 3 major, and 1 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Inspect all impact-resistant sliding glass doors and windows for proper sealing and operation, paying close attention to the downstairs sliders.

Thoroughly inspect the riprap shoreline for any signs of erosion, displacement, or damage.

Examine the downstairs 'bonus room' for signs of moisture, mold, or water damage.

Educational Questions

Sample questions for educational purposes

What specific flood zone is the property located in, and what is the base flood elevation?

Can you provide documentation of the riprap shoreline installation, including permits, materials used, and warranty information?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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