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Full Report

3138 Lucaya Ave. North Port FL 34286

A structured, decision-oriented property view — calm clarity before moving forward.

Subject property exterior
Subject property · exterior view
01

Property Snapshot

List Price
$329,000
Living Area
1,420 sqft
Total Area
1,860 sqft
Lot Size
10,000 sqft
Price / Sqft
$232
Bedrooms
3
Bathrooms
2
Year Built
2005
02

Market, Price & Ownership Costs

Working Comparable Range

$295k – $340k

Pricing Position

Slightly elevated

Above nearby inventory.

Comparable Activity

Stable

Updated inventory clears.

Value Positioning

Moderately competitive

Within local norms.

Annual Property Tax

$4,820

Current annual amount.

Estimated Insurance Range

$4,200 – $6,100

Per year — positioning estimate.

HOA

$275 / month

Where applicable.

Ongoing ownership costs may position slightly above surrounding inventory due to insurance and regional tax conditions.

Estimated positioning only — final amounts depend on carrier, assessment, and association terms.

03

Rental

Estimated Rental Range

$2,450 – $2,850 / month

Moderately favorable positioning, with neighborhood signals supportive of long-term rental stability.

Market Demand Signals

  • Stable rental demand
  • Investor-friendly area
  • Strong relocation market
  • Consistent nearby activity

Positioning estimate only — not investment advice.

04

Property Condition

Partial updates with mixed remodel consistency.

Condition Signals

  • Mixed remodel consistency
  • Some deferred maintenance
  • Stable exterior
  • Modernization potential
05

Renovation & Updated Market Potential

Estimated Update Considerations

Cosmetic Refresh

$8k – $20k

Surface-level modernization.

Potential Value Increase

+$10k – $25k

Moderate Update

$25k – $55k

Kitchen, bath, finishes.

Potential Value Increase

+$30k – $65k

Scope and costs vary with materials and property-specific conditions.

Renovation costs and potential value increases are estimates, not guaranteed outcomes. Actual results depend on property condition, project scope, comparable sales, and local market conditions.

06

Seller Situation & Distress Signals

Listing History

Re-listed once

Prior listing ended without a sale.

Days on Market

48 days

Longer than the neighborhood median.

Price Adjustments

One reduction

Single adjustment since listing.

Occupancy Signals

Owner-occupied

No indication of a distressed sale.

Ownership & Equity

12 years owned · Estimated 48% equity

Long-term ownership with substantial estimated equity.

Financial Distress Signals

No significant distress identified

No verified property-related financial pressure in the illustrative demo data.

Estimated Seller Motivation

Moderate

Listing behavior suggests potential negotiation flexibility. Actual seller intentions remain unverified.

Situational signals only — not a judgment about the seller. Verify circumstances directly during the offer process.

07

Property Records & Risks

Flood Zone

AE Zone Identified

Additional review may be recommended.

Permit Signals

Potential open activity

Verification may be appropriate.

Public Filings

Clean

No material adverse filings.

Title & Lien

Standard review

Verify at the offer stage.

08

Bottom Line

Balanced enough to merit a closer, structured review.

Deserves closer review

  • Pricing vs. updated inventory
  • Future update scope & budget
  • Flood zone & insurance costs

Appears more balanced

  • Stable rental demand
  • Consistent neighborhood profile
  • Long-term positioning potential

Next Steps