616 50th Avenue Ter W · South Bradenton, FL 34207

$79,000

1 bd · 1.0 ba · 500 sqft · Manufactured public records · 254 Days on market

Built 1960 3,899 sqft lot Est $70k · 13% over $134/mo HOA · 11% of rent

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.4/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• ARV discount +1.7/15.0
• Rent growth +1.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This has so much room for a 1 bedroom 1 bath. Spacious eat in kitchen, Dinning room, Lanai that has a lot of room for family and guest. Club house, swimming pool, shuffle board. Many activities. Florida living at its best.

Key facts

• Shuffleboard courts
• Pickleball courts
• Tennis courts

Tags

• SHADED GARDEN VIEW
• WATER FEATURES
• HEATED POOL
• TENNIS COURTS
• PICKLEBALL COURTS
• SHUFFLEBOARD COURTS

Property features AI

Finance

• Other: Total acreage: under 1/4 acre (approx. 0.09 acres)
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (Fair Lane Acres, Inc.) — monthly fee $134, association approval required; Community features: clubhouse, fitness center, pool, sidewalks, street lights; Recreation: basketball court, tennis courts, pickleball courts; Senior community; Pets allowed (cats and dogs OK; breed restrictions)

Exterior

• Parking: Carport (1 space)
• Utilities: Public water; Public sewer; Electricity connected; Broadband/high-speed internet available; Cable available; Water connected; Sewer connected
• Home design: Residential mobile home (single wide); One story; Faces north; Homesteaded
• Construction: Vinyl siding with frame construction; Other roof; Crawlspace foundation; Built as a single wide mobile home
• Exterior features: Landscaped lot; Asphalt road access; Shed(s) / storage

Interior

• Kitchen: Range; Refrigerator; Electric water heater
• Bedrooms: 1 bedroom
• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Mini-split cooling unit(s)
• Interior features: Window treatments; Outdoor shower
• Laundry & utility: Dryer; Laundry: Other

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $79k.

Deal economics

• At list price, monthly cash flow is $371 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $79k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.9% vs local median 4.1% in South 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 77/100 on livability (#195 in FL, #3,092 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, crime D+, commute 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: Oneco Elementary School (math 49% / reading 27%, grade F, #1,587 of 2,144 statewide, top 74%, 596 students, 79% FRL); Southeast High School (math 25% / reading 34%, grade F, #447 of 667 statewide, top 68%, 1,716 students, 66% FRL) — zoned schools average 72% FRL vs 51% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 34% at this address vs 52% district-wide (-18 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 (-5.5%/yr); 361 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 $546 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $22k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 254 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 20y ago; this cycle's ask has dropped $20k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $20k; list at $79k implies a 295% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $69,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 254 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 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. 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?
8. 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.
9. 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.
10. 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: 1.57% ✓
• Cap rate: 11.93%
• Cash-on-cash: 20.15%
• DSCR: 1.90
• GRM: 5.3

CMA / ARV

• ARV (on-the-fly): $70,000
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
709 49th Avenue Dr W	0.15mi	1/1.0	528 (+6%)	2mo	$30,000	$57	82
618 51st Ave W	0.03mi	2/1.5 (+1)	470 (-6%)	6mo	$66,000	$140	77
108 51st Avenue Ter W	0.36mi	1/1.0	520 (+4%)	8mo	$57,000	$110	70
611 51st Avenue Plz W	0.08mi	2/1.0 (+1)	460 (-8%)	14mo	$65,000	$141	66
1017 51st Avenue Dr W	0.26mi	1/1.0	440 (-12%)	5mo	$70,000	$159	64
619 52nd Ave W	0.14mi	2/2.0 (+1)	550 (+10%)	5mo	$60,000	$109	64
1109 49th Avenue Dr W	0.32mi	1/1.0	427 (-15%)	2mo	$70,900	$166	59
1107 49th Ave W	0.34mi	2/1.0 (+1)	450 (-10%)	10mo	$55,000	$122	55

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: 8.7%
• Equity multiple: 1.33×
• Total profit: $7,286
• Equity at exit: $11,779

10-year hold

• IRR: 15.0%
• Equity multiple: 2.04×
• Total profit: $23,023
• Equity at exit: $6,830

Cash invested: $22,120 (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 34207

• Rents YoY: -5.5%
• Active inventory: 361
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,237 high
• Mortgage (P&I): −$414
• Tax from tax record: −$24 /mo · $292/yr
• Insurance: −$33
• HOA: −$134
• Vacancy / Maint / Mgmt: −$260
• Net cashflow: $371

Break-even live

Break-even rent $767

Max offer price $79,000

Occupancy floor 65%

Sensitivity live

Price	-10% $416	-5% $394	+0% $371	+5% $349	+10% $327
Rent	-10% $274	-5% $323	+0% $371	+5% $420	+10% $469
Rate	-1.0pp $411	-0.5pp $392	base $371	+0.5pp $351	+1.0pp $330

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: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
707 50th Ave W Bradenton, FL	2.0	1.0	730	$1,150	$1.58	24d	1	0.12mi
915 50th Avenue Plz W Bradenton, FL	2.0	1.0	700	$1,200	$1.71	24d	1	0.19mi
205 52nd Avenue Dr W Bradenton, FL	1.0	1.0	528	$1,200	$2.27	24d	1	0.33mi
304 47th Avenue Dr W #112 Bradenton, FL	1.0	1.0	725	$1,200	$1.66	24d	1	0.38mi
4903 2nd B St E Bradenton, FL	2.0	2.0	624	$2,400	$3.85	24d	1	0.49mi
110 52nd Avenue Ter E Bradenton, FL	2.0	1.5	684	$1,450	$2.12	24d	1	0.51mi
4507 3rd Street Cir W #280 Bradenton, FL	1.0	1.0	660	$1,300	$1.97	16d	1	0.55mi
5531 16th St W Unit 5537 Bradenton, FL	2.0	1.0	750	$1,650	$2.20	4d	1	0.84mi
5001 22nd St W Unit B Bradenton, FL	2.0	1.0	729	$1,700	$2.33	16d	1	0.91mi
4515 26th St W Bradenton, FL	1.0–2.0	1.0–2.0	806	$1,249	$1.55	2d	14	1.14mi
3525 W 14th St unit E Bradenton, FL	—	1.0	650	$1,099	$1.69	24d	1	1.20mi
5310 26th St W Bradenton, FL	1.0–2.0	1.0	789	$1,250	$1.58	12d	5	1.21mi
5310 26th St W Bradenton, FL	1.0–2.0	1.0	789	$1,250	$1.58	4d	4	1.21mi
5310 26th St W Bradenton, FL	1.0–2.0	1.0	789	$1,250	$1.58	20d	5	1.21mi
1308 36th Ave W Bradenton, FL	1.0	1.0	715	$1,199	$1.68	24d	1	1.21mi
5908 17th St W Unit C36 Bradenton, FL	1.0	1.0	576	$950	$1.65	16d	1	1.23mi
4705 27th St W Unit A Bradenton, FL	2.0	1.0	750	$1,325	$1.77	3d	1	1.25mi
1807 Restful Dr Unit N4 Bradenton, FL	2.0	1.0	733	$1,150	$1.57	4d	1	1.25mi
350 34th Avenue Dr E Bradenton, FL	1.0–3.0	1.0–2.0	893	$1,111	$1.24	2d	6	1.26mi
5888 17th St W Unit C23 Bradenton, FL	1.0	1.0	576	$1,100	$1.91	24d	1	1.27mi
1566 Pleasant Rd Unit J24 Bradenton, FL	2.0	1.0	733	$1,150	$1.57	24d	1	1.28mi
1859 Restful Dr Unit L26 Bradenton, FL	1.0	1.0	576	$1,150	$2.00	24d	1	1.28mi
2835 50th Ave W Bradenton, FL	1.0–2.0	1.0–2.0	850	$1,269	$1.49	4d	16	1.29mi
1875 Sunny Dr Unit G32 Bradenton, FL	1.0	1.0	576	$1,100	$1.91	24d	1	1.29mi
2803 52nd Avenue Dr W Unit 2803 Bradenton, FL	2.0	1.0	750	$1,599	$2.13	24d	1	1.29mi
1874 Sunny Dr Unit F32 Bradenton, FL	2.0	1.0	744	$950	$1.28	24d	1	1.31mi
5858 Welcome Rd Unit J23 Bradenton, FL	2.0	1.0	744	$1,150	$1.55	4d	1	1.32mi
1825 Flamingo Blvd Unit O26 Bradenton, FL	1.0	1.0	576	$1,000	$1.74	24d	1	1.32mi
1345 301 Blvd E Bradenton, FL	1.0–3.0	1.0–2.0	872	$1,111	$1.27	24d	9	1.32mi
1839 Sunny Dr Unit E36 Bradenton, FL	1.0	1.0	576	$1,350	$2.34	24d	1	1.33mi
5400 26th St W Bradenton, FL	1.0–2.0	1.0–2.0	902	$1,358	$1.50	24d	1	1.34mi
3506 14th St W Bradenton, FL	3.0	1.0–2.0	874	$1,500	$1.72	24d	5	1.36mi
5955 Palm Ln Unit A33 Bradenton, FL	2.0	1.0	744	$1,150	$1.55	15d	1	1.36mi
2028 Canal Dr Unit M26 Bradenton, FL	1.0	1.0	576	$1,050	$1.82	11d	1	1.38mi
616 33rd Ave E Bradenton, FL	2.0	2.0	750	$1,600	$2.13	24d	1	1.47mi
2547 60th Ave W Unit L-36 Bradenton, FL	1.0	1.0	576	$1,100	$1.91	16d	1	1.49mi

HOA detail

• Monthly dues: $134 · $1,608/yr
• Likely covers: pool

Listing history 25 events

1. 2026-06-18
   days on market $79,000 Active 254 DOM
2. 2026-06-17
   days on market $79,000 Active 253 DOM
3. 2026-06-16
   days on market $79,000 Active 252 DOM
4. 2026-06-15
   days on market $79,000 Active 251 DOM
5. 2026-06-13
   days on market $79,000 Active 249 DOM
6. 2026-06-13
   days on market $79,000 Active 248 DOM
7. 2026-06-10
   days on market $79,000 Active 246 DOM
8. 2026-06-09
   days on market $79,000 Active 245 DOM
9. 2026-06-08
   days on market $79,000 Active 244 DOM
10. 2026-06-08
    days on market $79,000 Active 243 DOM
11. 2026-06-03
    days on market $79,000 Active 239 DOM
12. 2026-06-02
    days on market $79,000 Active 238 DOM
13. 2026-06-01
    days on market $79,000 Active 237 DOM
14. 2026-05-31
    days on market $79,000 Active 236 DOM
15. 2026-04-06
    status Active
16. 2026-03-31
    historical
17. 2026-03-13
    price $79,000
18. 2025-12-04
    price $89,000
19. 2025-10-01
    listed $99,000 Active
20. 2012-05-25
    soldstatus $20,000
21. 2012-05-23
    soldstatus $20,000 222-char remark

    Show marketing remark (222 chars)

    This has so much room for a 1 bedroom 1 bath. Spacious eat in kitchen, Dinning room, Lanai that has a lot of room for family and guest. Club house, swimming pool, shuffle board. Many activities. Florida living at its best.

22. 2011-01-29
    listed $26,900 222-char remark

    Show marketing remark (222 chars)

    This has so much room for a 1 bedroom 1 bath. Spacious eat in kitchen, Dinning room, Lanai that has a lot of room for family and guest. Club house, swimming pool, shuffle board. Many activities. Florida living at its best.

23. 2006-02-09
    listed $54,900
24. 1994-08-11
    soldstatus $29,000
25. 1990-01-10
    soldstatus $26,500

ⓘ 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: $292 · $24/mo
• Projected year-2 tax: $656 · $55/mo
• Expected delta: +$364/yr (+$30/mo · 124.5%)

ⓘ 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 6 d/yr ≥107°F today · 25 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: $14,840
• − Mortgage interest: −$4,425
• − Property taxes: −$292
• − Insurance: −$395
• − Repairs & maintenance: −$1,187
• − Management: −$1,187
• − HOA: −$1,608
• − Depreciation: −$2,298
• Taxable income: $3,447
• Est. tax owed @ 24.0%: −$827
• After-tax cash flow: $3,630/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 — South Bradenton

• Score: 77/100
• State rank: #195
• US rank: #3092

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Bradenton, FL
• County: Manatee County · 416,364 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 34,081
• Household income: $45,010
• Rent vs Own: 38.8% rent · 61.2% own
• Severe rent burden: 1474.0

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: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 58% Hispanic / Latino 29% Two or more races 13% Black 7%
• Hispanic origin (detail): Mexican 12% Puerto Rican 4% Cuban 3% Dominican 1%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 2%
• Foreign-born: 16% · Canada, Jamaica
• Languages at home: 74% English-only · Spanish 22% Other Indo-European 1% French/Haitian/Cajun 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: ▼ -305.32%
• Current HPI: 369.9899
• Rent YoY: ▼ -5.50%
• 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

+198.1% since first listed

11 events — show timeline

• 2026-04-06 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-03-13 Price Changed $79,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-04 Price Changed $89,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-01 Listed $99,000 Stellar MLS as Distributed by MLS Grid
• 2012-05-25 Sold (Public Records) $20,000 Public Records
• 2012-05-23 Sold (MLS) $20,000 Stellar MLS as Distributed by MLS Grid
• 2011-01-29 Listed $26,900 Stellar MLS as Distributed by MLS Grid
• 2006-02-09 Listed $54,900 Stellar MLS as Distributed by MLS Grid
• 1994-08-11 Sold (Public Records) $29,000 Public Records
• 1990-01-10 Sold (Public Records) $26,500 Public Records

Property tax history

-3.6%/yr

Latest (2025): $292 · +7.5% YoY. Source: county tax records.