None · Bayshore Gardens, FL 34210

$119,999

2 bd · 2.0 ba · 912 sqft · Condo · 31 Days on market

Built 1984 $480/mo HOA · 28% of rent

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Why this score? — see what drove the D+ 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 +14.3/30.0
• 1% rule +9.0/10.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• DSCR +4.3/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in the beautiful Mirror Lake community, this tastefully remodeled, move in ready condo features ceramic tile floors throughout, new kitchen counter tops, new bathroom vanities, fresh paint, remodeled fireplace, and porcelain wood-look tile on the lanai. Offered turnkey furnished, all you need to bring is your bathing suit. From the large master bedroom with a walk in closet to the spacious open floor plan leading out to the screened in lanai, this condo offers the true Florida life style. Located just minutes from the beautiful gulf beaches, downtown Bradenton, State Collage of Florida, and IMG Academy. This community boasts a number of amenities such as community pool, hot tub, tennis courts, Bar-B-Q area, car wash, playground, and more!

Key facts

• Community pool
• Walk-in closet
• Screened porch

Tags

• SCREENED PORCH
• WOOD BURNING FIREPLACE
• WALK-IN SHOWER
• WALK-IN CLOSET
• PASS-THRU TO DINING AREA
• COMMUNITY POOL

Property features AI

Finance

• Other: Turnkey furnished; Irrigation equipment included
• Financial info: Total monthly fees: $480; Total annual fees: $5,760; Lease restrictions apply
• HOA & community: Monthly condo fee $480 (includes cable TV, pool, escrow reserves, fidelity bond, internet, structure and grounds maintenance, management, pest control, recreational facilities, trash); Association: At The Helm Management (approval required); Community amenities: Fitness center, playground, pool, sidewalks, tennis courts; Pets allowed (size limit)

Exterior

• Parking: No parking details provided
• Security: No security details provided
• Utilities: Public water; Public sewer; BB/High-speed internet available; Cable available; Public utilities
• Home design: Condominium; East-facing; One level (unit on floor 1); 2 total stories in building
• Construction: Stucco construction; Shingle roof; Slab foundation; Building identified as 'M'
• Exterior features: Balcony; Exterior lighting; Sidewalk; Storage; Tennis courts

Interior

• Kitchen: Dishwasher; Disposal; Exhaust fan; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Kitchen and family room combined; Thermostat; Walk-in closet(s); Window treatments; Wood-burning fireplace in family room
• Laundry & utility: Washer and dryer included; Laundry located outside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $120k.

Deal economics

• At list price, monthly cash flow is $21 ($257/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $116k (3.0% below list) — sets the bar for market timing.
• Cap rate 6.5% vs local median 4.7% in Bayshore Gardens — 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 82/100 on livability (#72 in FL, #1,180 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, commute C-, employment F.
• Manatee (suburban): math 54% / reading 50% proficiency, ranked #26 of 73 in FL (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Bayshore Elementary School (math 51% / reading 36%, grade F, #1,345 of 2,144 statewide, top 64%, 701 students, 72% FRL); Bayshore High School (math 17% / reading 26%, grade F, #546 of 667 statewide, top 82%, 1,435 students, 65% FRL) — zoned schools average 68% FRL vs 51% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 32% at this address vs 52% district-wide (-20 pts) — the specific schools serving this property underperform the Manatee average; the district grade overstates school quality for this exact location.
• Market conditions: Rents falling (-6.1%/yr); 549 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $829 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Manatee County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 16y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $94k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 28% of rent.
• Climate carrying-cost: 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 $116,399 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.40% ✓
• Cap rate: 6.51%
• Cash-on-cash: 0.77%
• DSCR: 1.03
• GRM: 5.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -20.2%
• Equity multiple: 0.32×
• Total profit: $-22,695
• Equity at exit: $17,892

10-year hold

• IRR: -30.2%
• Equity multiple: -0.06×
• Total profit: $-35,779
• Equity at exit: $10,375

Cash invested: $33,600 (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 34210

• Rents YoY: -6.1%
• Active inventory: 549
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,684 high
• Mortgage (P&I): −$629
• Tax est. 1.5%: −$150 /mo · $1,800/yr
• Insurance: −$50
• HOA: −$480
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $21

Break-even live

Break-even rent $1,657

Max offer price $119,999

Occupancy floor 94%

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3774 59th Ave W Unit 3774 Bradenton, FL	2.0	2.0	912	$1,350	$1.48	24d	1	0.01mi
3739 59th Ave W Unit 3739 Bradenton, FL	2.0	2.0	912	$1,575	$1.73	16d	1	0.04mi
3775 59th Ave W Unit 3775 Bradenton, FL	2.0	2.0	912	$3,500	$3.84	24d	1	0.04mi
3773 59th Ave W Bradenton, FL	2.0	2.0	912	$1,595	$1.75	24d	1	0.04mi
3545 59th Ave W #3545 Bradenton, FL	3.0	2.0	1037	$1,600	$1.54	16d	1	0.06mi
3646 59th Ave W Unit 3646 Bradenton, FL	2.0	2.0	912	$1,400	$1.54	3d	1	0.06mi
3527 59th Ave W Unit 3527 Bradenton, FL	2.0	2.0	912	$1,400	$1.54	24d	1	0.06mi
3533 59th Ave W Unit 3533 Bradenton, FL	2.0	2.0	912	$1,500	$1.64	16d	1	0.06mi
3848 59th Ave W Bradenton, FL	2.0	2.0	912	$1,395	$1.53	24d	1	0.12mi
3843 59th Ave W Bradenton, FL	2.0	2.0	912	$1,200	$1.32	24d	1	0.12mi
3851 59th Ave W Unit 3851 Bradenton, FL	2.0	2.0	912	$1,500	$1.64	24d	1	0.13mi
6050 34th St W Bradenton, FL	1.0–2.0	1.0	734	$1,610	$2.19	2d	19	0.32mi
3506 54th Dr W Bradenton, FL	1.0–2.0	1.0–2.0	953	$2,800	$2.94	3d	2	0.35mi
3604 54th Dr W Bradenton, FL	2.0	2.0	1114	$4,050	$3.64	3d	3	0.35mi
3605 54th Dr W Bradenton, FL	2.0	2.0	1166	$3,738	$3.21	3d	2	0.37mi
3401 54th Dr W Bradenton, FL	2.0–3.0	2.0–3.0	1293	$3,300	$2.55	3d	3	0.39mi
6033 34th St W Bradenton, FL	2.0	2.0	942	$1,550	$1.64	3d	3	0.44mi
6033 34th St W Bradenton, FL	2.0	2.0	942	$1,625	$1.73	3d	2	0.44mi
6033 34th St W Bradenton, FL	2.0	2.0	996	$1,500	$1.51	24d	2	0.44mi
4148 53rd Ave W Unit 1210 Bradenton, FL	2.0	2.0	1071	$1,932	$1.80	3d	1	0.57mi
4148 53rd Ave W Unit 0314 Bradenton, FL	2.0	2.0	1071	$1,967	$1.84	24d	1	0.57mi
4148 53rd Ave W Bradenton, FL	1.0–3.0	1.0–2.0	989	$2,550	$2.58	2d	1	0.57mi
4148 53rd Ave W Bradenton, FL	1.0–2.0	1.0–2.0	899	$2,412	$2.68	21d	10	0.57mi
6147 43rd St W Bradenton, FL	2.0	2.0	1116	$3,200	$2.87	24d	1	0.65mi
2713 60th Avenue Dr W Bradenton, FL	2.0	2.0	1076	$2,000	$1.86	24d	1	0.66mi
5400 26th St W Bradenton, FL	1.0–2.0	1.0–2.0	902	$1,651	$1.83	24d	1	0.74mi
4510 El Conquistador Pkwy #207 Bradenton, FL	2.0	2.0	1074	$3,400	$3.17	24d	1	0.82mi
3278 51st Avenue Dr W Unit 1 Bradenton, FL	2.0	1.0	850	$1,600	$1.88	24d	1	0.85mi
2547 60th Ave W Unit L-36 Bradenton, FL	1.0	1.0	576	$1,100	$1.91	16d	1	0.87mi
2423 60th Ave W Unit K29 Bradenton, FL	2.0	2.0	1026	$1,495	$1.46	24d	1	0.87mi
3277 51st Avenue Dr W Bradenton, FL	3.0	2.0	995	$1,760	$1.77	3d	1	0.88mi
5310 26th St W Bradenton, FL	1.0–2.0	1.0	789	$1,550	$1.96	20d	5	0.88mi
5310 26th St W Bradenton, FL	1.0–2.0	1.0	789	$1,450	$1.84	12d	5	0.88mi
5310 26th St W Bradenton, FL	1.0–2.0	1.0	789	$1,450	$1.84	3d	4	0.88mi
5996 Hibiscus Dr #6 Bradenton, FL	2.0	1.0	865	$1,550	$1.79	16d	1	0.90mi
2803 52nd Avenue Dr W Unit 2803 Bradenton, FL	2.0	1.0	750	$1,599	$2.13	24d	1	0.91mi
3304 McDill Rd Bradenton, FL	2.0	1.0	1044	$1,695	$1.62	12d	1	0.92mi
184 Pineneedle Dr Bradenton, FL	2.0	2.0	940	$2,100	$2.23	24d	1	0.92mi
586 Lakeside Dr Unit 586 Bradenton, FL	2.0	2.0	940	$3,200	$3.40	24d	1	0.93mi
5906 Garden Ln Unit A22 Bradenton, FL	2.0	2.0	840	$1,200	$1.43	3d	1	0.94mi

HOA detail condo

• Monthly dues: $480 · $5,760/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-15
   status $119,999 Pending 31 DOM
2. 2026-06-15
   days on market $119,999 Active 31 DOM
3. 2026-06-13
   days on market $119,999 Active 29 DOM
4. 2026-06-13
   days on market $119,999 Active 28 DOM
5. 2026-06-10
   days on market $119,999 Active 26 DOM
6. 2026-06-09
   days on market $119,999 Active 25 DOM
7. 2026-06-08
   days on market $119,999 Active 24 DOM
8. 2026-06-08
   days on market $119,999 Active 23 DOM
9. 2026-06-03
   days on market $119,999 Active 19 DOM
10. 2026-06-02
    days on market $119,999 Active 18 DOM
11. 2026-06-01
    days on market $119,999 Active 17 DOM
12. 2026-05-31
    days on market $119,999 Active 16 DOM
13. 2026-05-15
    listed $119,999 Active
14. 2025-10-08
    historical $1,600
15. 2025-08-22
    listed $1,600
16. 2016-04-01
    soldstatus $93,500 Sold 756-char remark

    Show marketing remark (756 chars)

    Located in the beautiful Mirror Lake community, this tastefully remodeled, move in ready condo features ceramic tile floors throughout, new kitchen counter tops, new bathroom vanities, fresh paint, remodeled fireplace, and porcelain wood-look tile on the lanai. Offered turnkey furnished, all you need to bring is your bathing suit. From the large master bedroom with a walk in closet to the spacious open floor plan leading out to the screened in lanai, this condo offers the true Florida life style. Located just minutes from the beautiful gulf beaches, downtown Bradenton, State Collage of Florida, and IMG Academy. This community boasts a number of amenities such as community pool, hot tub, tennis courts, Bar-B-Q area, car wash, playground, and more!

17. 2016-03-10
    status Pending 756-char remark

    Show marketing remark (756 chars)

    Located in the beautiful Mirror Lake community, this tastefully remodeled, move in ready condo features ceramic tile floors throughout, new kitchen counter tops, new bathroom vanities, fresh paint, remodeled fireplace, and porcelain wood-look tile on the lanai. Offered turnkey furnished, all you need to bring is your bathing suit. From the large master bedroom with a walk in closet to the spacious open floor plan leading out to the screened in lanai, this condo offers the true Florida life style. Located just minutes from the beautiful gulf beaches, downtown Bradenton, State Collage of Florida, and IMG Academy. This community boasts a number of amenities such as community pool, hot tub, tennis courts, Bar-B-Q area, car wash, playground, and more!

18. 2016-02-16
    historical Active with Contract 756-char remark

    Show marketing remark (756 chars)

    Located in the beautiful Mirror Lake community, this tastefully remodeled, move in ready condo features ceramic tile floors throughout, new kitchen counter tops, new bathroom vanities, fresh paint, remodeled fireplace, and porcelain wood-look tile on the lanai. Offered turnkey furnished, all you need to bring is your bathing suit. From the large master bedroom with a walk in closet to the spacious open floor plan leading out to the screened in lanai, this condo offers the true Florida life style. Located just minutes from the beautiful gulf beaches, downtown Bradenton, State Collage of Florida, and IMG Academy. This community boasts a number of amenities such as community pool, hot tub, tennis courts, Bar-B-Q area, car wash, playground, and more!

19. 2016-02-12
    listed $97,500 Active 756-char remark

    Show marketing remark (756 chars)

    Located in the beautiful Mirror Lake community, this tastefully remodeled, move in ready condo features ceramic tile floors throughout, new kitchen counter tops, new bathroom vanities, fresh paint, remodeled fireplace, and porcelain wood-look tile on the lanai. Offered turnkey furnished, all you need to bring is your bathing suit. From the large master bedroom with a walk in closet to the spacious open floor plan leading out to the screened in lanai, this condo offers the true Florida life style. Located just minutes from the beautiful gulf beaches, downtown Bradenton, State Collage of Florida, and IMG Academy. This community boasts a number of amenities such as community pool, hot tub, tennis courts, Bar-B-Q area, car wash, playground, and more!

20. 2011-01-12
    historical
21. 2010-10-27
    listed $57,500

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,214
• − Mortgage interest: −$6,722
• − Property taxes: −$1,800
• − Insurance: −$600
• − Repairs & maintenance: −$1,617
• − Management: −$1,617
• − HOA: −$5,760
• − Depreciation: −$3,491
• Taxable loss: −$1,393
• Est. tax savings @ 24.0%: +$334
• After-tax cash flow: $592/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: Manatee
• NCES district ID: 1201230
• Math proficiency: 54% ▼ -6.00%
• Reading proficiency: 50% ▼ -2.00%
• Median HH income: $49,607
• Composite: 44.43/100
• National rank: #2806
• State rank: #26 of 73 in FL

Livability — Bayshore Gardens

• Score: 82/100
• State rank: #72
• US rank: #1180

Category grades

Amenities B- Commute C- Cost of living A+ Crime C- Employment F Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Manatee County · 416,364 people
• City population: 33,840
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 17,682
• Household income: $64,244
• Rent vs Own: 39.3% rent · 60.7% own
• Severe rent burden: 895.0

Population outlook (Manatee County) Hauer SSP2

• Today (2025): 447,342 people
• By 2030: 488,911 · +9.3%
• By 2040: 567,934 · +27.0%
• By 2050: 637,995 · +42.6%
• By 2075: 781,970 · +74.8%
• By 2100: 848,272 · +89.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Hispanic / Latino 20% Black 8% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 3% Cuban 7%
• Common ancestry: Hispanic 4% Romanian 3% Lithuanian 3%
• Foreign-born: 17% · Canada, China, Jamaica
• Languages at home: 76% English-only · Spanish 15% French/Haitian/Cajun 4% Other Indo-European 1%

Political lean MEDSL · Manatee

• 2024 margin: Strong R (+23.5) · D 37.9% · R 61.4%
• 2008→2024 swing: -16.5pp toward R · 2008: -7.0pp · 2024: -23.5pp
• All cycles: 2024: R+23.5 2020: R+16.1 2016: R+17.1 2012: R+12.5 2008: R+7.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -162.68%
• Current HPI: 246.9247
• Rent YoY: ▼ -6.08%
• 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

+108.7% since first listed

9 events — show timeline

• 2026-05-15 Listed $119,999 Stellar MLS as Distributed by MLS Grid
• 2025-10-08 Rental Removed $1,600 STELLARMLS
• 2025-08-22 Listed for Rent $1,600 STELLARMLS
• 2016-04-01 Sold (MLS) $93,500 Stellar MLS as Distributed by MLS Grid
• 2016-03-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-02-16 Contingent — Stellar MLS as Distributed by MLS Grid
• 2016-02-12 Listed $97,500 Stellar MLS as Distributed by MLS Grid
• 2011-01-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2010-10-27 Listed $57,500 Stellar MLS as Distributed by MLS Grid