1173 Brown St
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
Nearby Schools
Educational options and performance ratings in the area.
Myakka River Elementary School
L. A. Ainger Middle School
Lemon Bay High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
1173 Brown St presents a challenging investment profile characterized by significant negative leverage. With a monthly cash flow of -$595.29, this property functions as an 'alligator,' requiring the investor to subsidize the asset monthly. The 4.24% rental yield is substantially lower than current mortgage rates and even risk-free treasury yields, meaning the cost of debt far exceeds the income generated. While Englewood offers decent appreciation potential at 4%, the immediate liquidity drain poses a high risk to portfolio stability. Rising insurance premiums and property tax assessments in coastal Florida further threaten these thin margins, making this property a poor choice for a cash-flow-focused investor.
- • Desirable 3-bedroom, 2-bathroom configuration for suburban renters
- • Consistent 4% projected annual appreciation in a growing Gulf Coast market
- • Single-family asset class typically offers better long-term tenant stability
- • Substantial negative monthly cash flow of nearly $600
- • Rental yield of 4.24% is insufficient to cover debt service in the current interest rate environment
- • Exposure to rising Florida property insurance and hurricane-related maintenance costs
- • Negative leverage scenario requires significant appreciation just to break even on total capital outlay
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-14 | Price change | $389,900 | $294 |
| 2026-03-29 | Price change | $399,900 | $301 |
| 2026-03-17 | Price change | $420,000 | $317 |
| 2026-02-11 | Price change | $425,000 | $320 |
| 2025-12-13 | Price change | $429,000 | $323 |
| 2025-09-12 | Price change | $449,000 | $338 |
| 2025-07-15 | Price change | $459,000 | $346 |
| 2025-07-03 | Price change | $489,000 | $369 |
| 2025-06-11 | Price change | $495,000 | $373 |
| 2025-05-28 | Price change | $500,000 | $377 |
| 2025-05-06 | Price change | $520,000 | $392 |
| 2025-04-05 | Price change | $525,000 | $396 |
| 2025-03-13 | Listed for sale | $539,000 | $406 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,212.2 | $195,505 |
| 2024 | $3,120.13 | $189,995 |
| 2023 | $3,045.07 | $184,189 |
| 2022 | $2,862.93 | $174,263 |
| 2021 | $2,841.8 | $169,187 |
| 2020 | $2,797.76 | $166,851 |
| 2019 | $2,696.21 | $163,100 |
| 2018 | $2,485.34 | $160,059 |
| 2017 | $2,485.34 | $156,767 |
| 2016 | $2,459.34 | $153,543 |
| 2015 | $2,315.95 | $152,476 |
| 2014 | $2,305.58 | $152,699 |
| 2013 | $1,949.77 | $160,604 |
| 2012 | $2,088.48 | $155,926 |
| 2011 | $1,988.81 | $155,926 |
| 2010 | $1,990.86 | $153,622 |
| 2009 | $1,791.15 | $149,583 |
| 2007 | $0 | $141,543 |
| 2006 | $0 | $141,543 |
| 2005 | $0 | $133,417 |
| 2004 | $0 | $130,929 |
| 2003 | $0 | $130,929 |
| 2002 | $2,230.45 | $127,860 |
| 2001 | $1,866.18 | $123,933 |
| 2000 | $1,476.13 | $99,877 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $12,987/yr
On $89,677 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
Similar Properties Nearby
Explore other investment opportunities in Englewood.