← Alpha board
intracoastal · Venice, Sarasota County, FL
Venice condo & canal-adjacent buyer's-market band (Venice Island periphery and 34293)
discoveredevidence: medium
screen
model pb-score-v1
Barbell: harvest discounted mainland condos/foreclosures for MTR cash flow while stalking rare sub-$1.25M Venice Island water-access listings at 120+ DOM.
Asking price
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Suggested offer
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Do-not-exceed
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Renovation range
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Visible scores — no black box
Asset — quality & scarcity76
Alpha — why the market is wrong73
Operating — durable use / income68
Risk — threats to capital (low is good)50
RealtyFund fit67
Composite69
Thesis
Named catalyst
Venice condos at 8.6 months supply, -3.5% YoY, 92.1% of list, 76 days to contract; foreclosure feed active; Venice Island itself supply-constrained and historically insulated
Revenue strategy
MTR cash flow + island watchlist
Primary risks
- condo fee/assessment escalation
- Wellen Park competition suppresses mainland appreciation
- island inventory rarely fits under $1.25M
Evidence room
| Source | Kind | Retrieved | Link |
|---|---|---|---|
| Venice Market Report March 2026 | market | 2026-08-01 | open → |
| DwellingWell foreclosure feed | listing | 2026-08-01 | open → |
Next action
Qualified opportunities advance to RealtyFund diligence. Rehab routes to HomeManager / Handyman / ServiceEscrow; stabilized operations route to PropertyManagement.