3402 15th Ave W · Bradenton, FL 34205

$410,000

3 bd · 2.0 ba · 2,317 sqft · SingleFamily public records · 322 Days on market

Built 1955 9,601 sqft lot Est $551k · 26% under

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Why this score? — see what drove the C 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 +18.8/30.0
• ARV discount +15.0/15.0
• DSCR +5.9/10.0
• Schools +4.4/10.0
• 1% rule +4.1/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE REDUCED on this move in ready 4 bedroom 2 bathroom home in West Bradenton! The kitchen has been updated with solid wood cabinets and new quartz counter tops. Bathrooms are also updated with modern finishes. Master bathroom shower is an over sized walk in. Home also has a built in office/nook in the master bedroom. Tile and laminate floors throughout the home. No carpet! The extra large 4th bedroom is accessible only through 3rd bedroom or by exterior door and it does not have central Air. The window unit stays with the property. PVC fenced back and side yard. Conveniently located close to shopping, medical and beaches! Short distance to I-75 and new UTC mall. Good value for this beautiful home.

Key facts

• Mini-split a/c units
• New metal roof
• Double corner lot

Tags

• DOUBLE CORNER LOT
• NEW METAL ROOF
• PRIVATE EXTERIOR ENTRANCE
• MINI-SPLIT A/C UNITS
• ADDITIONAL FAMILY ROOM
• MINUTES FROM GULF BEACHES

Property features AI

Finance

• Other: Homestead exempt; Zoned RSF4.5
• Financial info: No lease restrictions indicated
• HOA & community: No HOA association listed; Pets allowed

Exterior

• Parking: Driveway
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Electricity connected; Broadband/high-speed internet available; Water connected; Sewer connected
• Home design: Single-family residence; One story; Faces south; Corner lot; In-county location; Near public transit; Paved access
• Construction: Block construction; Metal roof; Slab foundation; Built on one level
• Exterior features: Patio; Hurricane shutters; Outdoor lighting; Exterior storage; Shed(s)

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning; Mini-split units
• Interior features: Ceiling fans; Split bedroom layout; Programmable thermostat; Window treatments (shades and shutters); French doors; Smoke detector(s)
• Laundry & utility: Indoor laundry room with washer and dryer hookups; Electric dryer hookup; Inside utility/utility room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $410k.

Deal economics

• At list price, monthly cash flow is $412 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $373k (9.1% below list).
• Recommended offer: $361k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.5% vs local median 3.6% in Bradenton — 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 81/100 on livability (#101 in FL, #1,528 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime D, amenities 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: Jessie P. Miller Elementary School (math 61% / reading 53%, grade C+, #781 of 2,144 statewide, top 38%, 614 students, 66% FRL); W. D. Sugg Middle School (math 34% / reading 28%, grade F, #462 of 571 statewide, top 81%, 1,010 students, 72% FRL); Manatee High School (math 32% / reading 47%, grade F, #304 of 667 statewide, top 47%, 1,983 students, 59% FRL) — zoned schools average 66% FRL vs 51% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-2.4%/yr); 321 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• At $3,728/mo this rent would consume 85% of the median local household income ($53k/yr) (locally 1736% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k 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 322 days — a 12% lower offer ($361k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y ago; this cycle's ask has dropped $120k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $208k; list at $410k implies a 97% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $360,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 322 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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.
7. 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.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.91% ✗
• Cap rate: 7.50%
• Cash-on-cash: 4.31%
• DSCR: 1.19
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $551,446
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1907 37th St W	0.28mi	4/3.0 (+1)	2,316 (-0%)	1mo	$711,000	$307	77
3601 18th Ave W	0.27mi	2/3.0 (-1)	2,348 (+1%)	2mo	$490,000	$209	74
3614 22nd Ave W	0.51mi	3/2.0	2,336 (+1%)	4mo	$477,000	$204	71
1810 28th St W	0.44mi	3/2.0	2,644 (+14%)	8mo	$543,000	$205	49
4215 18th Avenue Dr W	0.52mi	4/2.0 (+1)	2,031 (-12%)	2mo	$430,000	$212	48
2220 40th St W	0.61mi	3/2.0	2,008 (-13%)	7mo	$440,000	$219	44
3903 24th Ave W	0.68mi	4/3.0 (+1)	2,076 (-10%)	0mo	$615,000	$296	42
2707 17th Ave W	0.43mi	4/2.5 (+1)	1,976 (-15%)	9mo	$470,000	$238	41
3105 Oxford Dr W	0.71mi	4/3.0 (+1)	2,151 (-7%)	8mo	$436,000	$203	40
4611 W 18th Ave	0.75mi	4/3.0 (+1)	2,175 (-6%)	8mo	$580,000	$267	39
3911 24th Ave W	0.69mi	4/2.0 (+1)	2,001 (-14%)	2mo	$625,000	$312	39
4515 19th Ave W	0.72mi	4/3.0 (+1)	2,112 (-9%)	10mo	$700,000	$331	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -12.7%
• Equity multiple: 0.55×
• Total profit: $-51,246
• Equity at exit: $61,132

10-year hold

• IRR: -8.5%
• Equity multiple: 0.53×
• Total profit: $-53,576
• Equity at exit: $35,449

Cash invested: $114,800 (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 34205

• Rents YoY: -2.4%
• Active inventory: 321
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $3,728 high
• Mortgage (P&I): −$2,150
• Tax from tax record: −$212 /mo · $2,549/yr
• Insurance: −$171
• HOA: −$0
• Vacancy / Maint / Mgmt: −$783
• Net cashflow: $412

Break-even live

Break-even rent $3,207

Max offer price $410,000

Occupancy floor 84%

Sensitivity live

Price	-10% $644	-5% $528	+0% $412	+5% $296	+10% $180
Rent	-10% $118	-5% $265	+0% $412	+5% $559	+10% $707
Rate	-1.0pp $619	-0.5pp $516	base $412	+0.5pp $306	+1.0pp $198

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: $102,500
• Closing costs: $12,300
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3301 19th Ave W Bradenton, FL	4.0	2.0	1750	$7,200	$4.11	25d	1	0.31mi
1417 27th St W Bradenton, FL	3.0	2.0	2800	$2,800	$1.00	23d	1	0.47mi
4215 18th Avenue Dr W Bradenton, FL	4.0	2.0	2031	$2,995	$1.47	12d	1	0.53mi
1214 21st St W Bradenton, FL	3.0	3.0	1841	$4,300	$2.34	25d	1	0.82mi
4904 19th Ave W Bradenton, FL	3.0	2.0	1762	$4,000	$2.27	16d	1	0.92mi
520 22nd St W Unit 1071597P Bradenton, FL	3.0	2.0	1582	$4,411	$2.79	0d	1	0.94mi
2004 20th Ave W Bradenton, FL	3.0	2.0	1650	$2,395	$1.45	25d	1	0.94mi
5111 13th Avenue Dr W Bradenton, FL	3.0	2.0	1778	$3,700	$2.08	25d	1	1.03mi
5004 22nd Ave W Bradenton, FL	3.0	2.0	1577	$2,500	$1.59	5d	1	1.05mi
2916 24th St W Bradenton, FL	3.0	2.0	1764	$1,800	$1.02	25d	1	1.08mi
1623 8th Ave W Bradenton, FL	3.0	2.0	1650	$3,500	$2.12	3d	1	1.17mi
3409 45th St W Bradenton, FL	3.0	3.0	1937	$8,500	$4.39	25d	1	1.31mi

Listing history 32 events

1. 2026-06-22
   days on market $410,000 Active 322 DOM
2. 2026-06-18
   days on market $410,000 Active 319 DOM
3. 2026-06-17
   days on market $410,000 Active 318 DOM
4. 2026-06-16
   days on market $410,000 Active 317 DOM
5. 2026-06-15
   days on market $410,000 Active 316 DOM
6. 2026-06-13
   days on market $410,000 Active 314 DOM
7. 2026-06-13
   days on market $410,000 Active 313 DOM
8. 2026-06-10
   days on market $410,000 Active 311 DOM
9. 2026-06-09
   days on market $410,000 Active 310 DOM
10. 2026-06-08
    days on market $410,000 Active 309 DOM
11. 2026-06-08
    days on market $410,000 Active 308 DOM
12. 2026-06-03
    days on market $410,000 Active 304 DOM
13. 2026-06-02
    days on market $410,000 Active 303 DOM
14. 2026-06-01
    days on market $410,000 Active 302 DOM
15. 2026-05-31
    days on market $410,000 Active 301 DOM
16. 2026-05-13
    status Active
17. 2026-05-03
    status Pending
18. 2026-04-01
    price $410,000
19. 2026-03-20
    price $425,000
20. 2026-03-06
    price $430,000
21. 2026-02-12
    price $435,000
22. 2026-01-01
    price $459,000
23. 2025-09-29
    price $480,000
24. 2025-09-05
    price $495,000
25. 2025-08-16
    price $510,000
26. 2025-07-24
    listed $530,000 Active
27. 2017-05-23
    soldstatus $208,000
28. 2017-05-22
    soldstatus $208,000 Sold 711-char remark

    Show marketing remark (711 chars)

    PRICE REDUCED on this move in ready 4 bedroom 2 bathroom home in West Bradenton! The kitchen has been updated with solid wood cabinets and new quartz counter tops. Bathrooms are also updated with modern finishes. Master bathroom shower is an over sized walk in. Home also has a built in office/nook in the master bedroom. Tile and laminate floors throughout the home. No carpet! The extra large 4th bedroom is accessible only through 3rd bedroom or by exterior door and it does not have central Air. The window unit stays with the property. PVC fenced back and side yard. Conveniently located close to shopping, medical and beaches! Short distance to I-75 and new UTC mall. Good value for this beautiful home.

29. 2017-04-13
    status Pending 711-char remark

    Show marketing remark (711 chars)

    PRICE REDUCED on this move in ready 4 bedroom 2 bathroom home in West Bradenton! The kitchen has been updated with solid wood cabinets and new quartz counter tops. Bathrooms are also updated with modern finishes. Master bathroom shower is an over sized walk in. Home also has a built in office/nook in the master bedroom. Tile and laminate floors throughout the home. No carpet! The extra large 4th bedroom is accessible only through 3rd bedroom or by exterior door and it does not have central Air. The window unit stays with the property. PVC fenced back and side yard. Conveniently located close to shopping, medical and beaches! Short distance to I-75 and new UTC mall. Good value for this beautiful home.

30. 2017-04-07
    price $219,900 711-char remark

    Show marketing remark (711 chars)

    PRICE REDUCED on this move in ready 4 bedroom 2 bathroom home in West Bradenton! The kitchen has been updated with solid wood cabinets and new quartz counter tops. Bathrooms are also updated with modern finishes. Master bathroom shower is an over sized walk in. Home also has a built in office/nook in the master bedroom. Tile and laminate floors throughout the home. No carpet! The extra large 4th bedroom is accessible only through 3rd bedroom or by exterior door and it does not have central Air. The window unit stays with the property. PVC fenced back and side yard. Conveniently located close to shopping, medical and beaches! Short distance to I-75 and new UTC mall. Good value for this beautiful home.

31. 2017-03-11
    listed $225,000 Active 711-char remark

    Show marketing remark (711 chars)

    PRICE REDUCED on this move in ready 4 bedroom 2 bathroom home in West Bradenton! The kitchen has been updated with solid wood cabinets and new quartz counter tops. Bathrooms are also updated with modern finishes. Master bathroom shower is an over sized walk in. Home also has a built in office/nook in the master bedroom. Tile and laminate floors throughout the home. No carpet! The extra large 4th bedroom is accessible only through 3rd bedroom or by exterior door and it does not have central Air. The window unit stays with the property. PVC fenced back and side yard. Conveniently located close to shopping, medical and beaches! Short distance to I-75 and new UTC mall. Good value for this beautiful home.

32. 2002-05-03
    soldstatus $118,000

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

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,549 · $212/mo
• Projected year-2 tax: $3,403 · $284/mo
• Expected delta: +$854/yr (+$71/mo · 33.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $44,741
• − Mortgage interest: −$22,966
• − Property taxes: −$2,549
• − Insurance: −$2,050
• − Repairs & maintenance: −$3,579
• − Management: −$3,579
• − Depreciation: −$11,927
• Taxable loss: −$1,911
• Est. tax savings @ 24.0%: +$459
• After-tax cash flow: $5,404/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 — Bradenton

• Score: 81/100
• State rank: #101
• US rank: #1528

Category grades

Amenities F Commute A+ Cost of living A+ Crime D Employment D+ 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: 227,091
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 31,946
• Household income: $52,525
• Rent vs Own: 40.3% rent · 59.7% own
• Severe rent burden: 1736.0

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 (65%)
• Race & ethnicity: White 65% Hispanic / Latino 18% Black 10% Two or more races 9% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 7% Puerto Rican 4% Cuban 1%
• Common ancestry: Hispanic 2% Romanian 2% Lithuanian 2%
• Foreign-born: 15% · Canada, Vietnam
• Languages at home: 78% English-only · Spanish 14% French/Haitian/Cajun 2% German/W. Germanic 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: ▼ -310.18%
• Current HPI: 369.8239
• Rent YoY: ▼ -2.43%
• 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

+247.5% since first listed

17 events — show timeline

• 2026-05-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-01 Price Changed $410,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-20 Price Changed $425,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-06 Price Changed $430,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-12 Price Changed $435,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-01 Price Changed $459,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-29 Price Changed $480,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-05 Price Changed $495,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-16 Price Changed $510,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-24 Listed $530,000 Stellar MLS as Distributed by MLS Grid
• 2017-05-23 Sold (Public Records) $208,000 Public Records
• 2017-05-22 Sold (MLS) $208,000 Stellar MLS as Distributed by MLS Grid
• 2017-04-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-04-07 Price Changed $219,900 Stellar MLS as Distributed by MLS Grid
• 2017-03-11 Listed $225,000 Stellar MLS as Distributed by MLS Grid
• 2002-05-03 Sold (Public Records) $118,000 Public Records

Property tax history

+8.0%/yr

Latest (2025): $2,549 · +3.7% YoY. Source: county tax records.