808 53rd Ave E #191 · Bayshore Gardens, FL 34203

$144,000

2 bd · 1.0 ba · 768 sqft · Manufactured public records · 98 Days on market

Built 1979 3,746 sqft lot $275/mo HOA · 16% 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 +19.2/30.0
• ARV discount +7.5/15.0
• 1% rule +7.0/10.0
• DSCR +6.0/10.0
• Schools +4.4/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

DO YOU FEEL LUCKY? BINGO! Cute 2 bedroom, 1.5 bath mobile home in an activity rich, friendly adult only (55+) land owned park. Handicap access from outdoors up to entry into a flex space that could be an office/den. A separate entry leads into a cheery, eat-in kitchen, that opens into the living room gathering space. Outdoors, you'll love the additional covered storage space in the carport area. Metal awnings on most windows will help to keep your electric bills low. Sorry, no pets allowed. Ideal location, close to: downtown Bradenton amenities, shopping, a plethora of restaurants, hospitals, entertainment options, & public transportation and just a short drive to our gorgeous area white sand beaches. Very affordable association fees include: water, sewer, trash, & cable. Palm Lake Estates community amenities include: shuffleboard, year round heated pool, & clubhouse that hosts a wealth of fun events & activities like: dances, potlucks, craft sessions, & BINGO! You've hit the jackpot here!

Key facts

• Updated windows
• New flooring
• Updated roof

Tags

• UPDATED WINDOWS
• UPDATED ROOF
• UPDATED A/C
• UPDATED KITCHEN CABINETS
• UPDATED COUNTERTOPS
• NEW FLOORING

Property features AI

Finance

• Other: Unfurnished; Directions available
• Financial info: Total annual fees $3,300; Lease restrictions apply
• HOA & community: Monthly condo/association fee $275; Association amenities: Cable TV, Clubhouse, Pool, Security, Shuffleboard court; Association fee includes cable TV, common area taxes, pool, internet, management, security, sewer, trash, water; Association approval required; Senior community; Community features: Clubhouse, Community mailbox; No pets allowed

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Cable available
• Home design: Manufactured home (double wide); One story; Faces west
• Construction: Vinyl siding; Metal roof; Crawlspace foundation
• Exterior features: Storage

Interior

• Kitchen: Range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Central heating (electric); Central air with humidity control
• Interior features: Ceiling fans
• Laundry & utility: Washer hookup; Electric dryer hookup; Other laundry connection

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $144k.

Deal economics

• At list price, monthly cash flow is $155 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $144k).
• Recommended offer: $131k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.6% 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-, schools 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.
• Market conditions: Rents soft (-1.0%/yr); 384 active listings in the ZIP; 40 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 $996 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 98 days — a 9% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 14y 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 $22k; list at $144k implies a 540% 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,040 (9.0% below list)

Questions for the listing agent

1. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — 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 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?
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 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: 1.20% ✓
• Cap rate: 7.58%
• Cash-on-cash: 4.60%
• DSCR: 1.20
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $92,928
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
301 Brazil Ct #95	0.42mi	2/1.5	792 (+3%)	2mo	$66,000	$83	72
808 53rd Ave E Unit 226L	0.47mi	2/1.5	768 (0%)	10mo	$128,750	$168	68
302 52nd Avenue Ter E	0.44mi	2/2.0	728 (-5%)	1mo	$170,000	$234	66
5110 5th B St E	0.54mi	2/1.5	780 (+2%)	13mo	$72,000	$92	59
214 52nd Avenue Dr W	0.58mi	3/1.5 (+1)	728 (-5%)	3mo	$87,900	$121	55
403 52nd Avenue Plz W	0.61mi	2/1.0	846 (+10%)	1mo	$75,000	$89	54
808 53rd Ave E #67	0.38mi	2/2.0	864 (+12%)	5mo	$160,000	$185	54
5530 Denmark Dr	0.42mi	2/2.0	864 (+12%)	4mo	$70,000	$81	52
411 51st Avenue Ter W	0.71mi	2/2.0	800 (+4%)	8mo	$65,000	$81	50
403 51st Avenue Dr W	0.73mi	1/1.0 (-1)	740 (-4%)	8mo	$37,000	$50	48
808 53rd Ave E #8	0.47mi	2/1.5	872 (+14%)	13mo	$113,000	$130	43
206 50th Avenue Ter W	0.72mi	2/2.0	864 (+12%)	14mo	$153,000	$177	30

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: -13.1%
• Equity multiple: 0.54×
• Total profit: $-18,386
• Equity at exit: $21,471

10-year hold

• IRR: -10.9%
• Equity multiple: 0.45×
• Total profit: $-22,237
• Equity at exit: $12,450

Cash invested: $40,320 (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 34203

• Home prices YoY: -24.5%
• Rents YoY: -1.0%
• Active inventory: 384
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,726 high
• Mortgage (P&I): −$755
• Tax from tax record: −$119 /mo · $1,424/yr
• Insurance: −$60
• HOA: −$275
• Vacancy / Maint / Mgmt: −$362
• Net cashflow: $155

Break-even live

Break-even rent $1,530

Max offer price $144,000

Occupancy floor 86%

Sensitivity live

Price	-10% $236	-5% $195	+0% $155	+5% $114	+10% $73
Rent	-10% $18	-5% $86	+0% $155	+5% $223	+10% $291
Rate	-1.0pp $227	-0.5pp $191	base $155	+0.5pp $117	+1.0pp $79

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: $36,000
• Closing costs: $4,320
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
716 56th Avenue Dr E Bradenton, FL	3.0	2.0	1000	$1,700	$1.70	4d	1	0.26mi
5613 8th St Ct E Bradenton, FL	3.0	2.0	1000	$1,700	$1.70	24d	1	0.28mi
5828 3rd St E Bradenton, FL	3.0	2.0	1036	$1,995	$1.93	24d	1	0.30mi
110 52nd Avenue Ter E Bradenton, FL	2.0	1.5	684	$1,450	$2.12	24d	1	0.43mi
5580 Fountain Lake Cir Bradenton, FL	1.0–3.0	1.0–2.0	1052	$1,908	$1.81	3d	38	0.56mi
205 52nd Avenue Dr W Bradenton, FL	1.0	1.0	528	$1,200	$2.27	24d	1	0.57mi
5502 8th Street Ct W Bradenton, FL	2.0	2.0	896	$1,595	$1.78	24d	1	0.65mi
1109 59th Avenue Cir E Unit 1109 Bradenton, FL	3.0	2.0	945	$1,795	$1.90	24d	1	0.68mi
512 60th Avenue Ter W Unit 512 Bradenton, FL	3.0	1.5	972	$1,900	$1.95	11d	1	0.75mi
3 Date Ave Bradenton, FL	2.0	2.0	1000	$1,495	$1.50	24d	1	0.76mi
5719 14th St E Bradenton, FL	1.0	1.0	978	$1,425	$1.46	3d	1	0.77mi
1007 57th Ave W Bradenton, FL	2.0	1.5	967	$1,495	$1.55	11d	1	0.78mi
503 51st Ave W Bradenton, FL	3.0	2.0	882	$1,075	$1.22	12d	1	0.82mi
503 51st Ave W Unit 503 Bradenton, FL	3.0	2.0	882	$1,275	$1.45	24d	1	0.82mi
1022 61st Avenue Dr E Bradenton, FL	3.0	1.0	970	$1,450	$1.49	17d	1	0.83mi
608 51st Ave W Bradenton, FL	2.0	1.5	760	$2,200	$2.89	24d	1	0.84mi
4903 2nd B St E Bradenton, FL	2.0	2.0	624	$2,400	$3.85	24d	1	0.88mi
1207 62nd Ave E Bradenton, FL	3.0	2.0	1018	$1,995	$1.96	24d	1	0.97mi
707 50th Ave W Bradenton, FL	2.0	1.0	730	$1,150	$1.58	24d	1	0.99mi
6205 12th Street Ct E Bradenton, FL	3.0	2.0	1018	$1,895	$1.86	24d	1	1.00mi
915 50th Avenue Plz W Bradenton, FL	2.0	1.0	700	$1,200	$1.71	24d	1	1.04mi
4810 Ho Wil Ln Unit 4810 Bradenton, FL	2.0	1.0	784	$1,600	$2.04	24d	1	1.05mi
605 64th Ave W Bradenton, FL	2.0	1.0	784	$1,250	$1.59	12d	1	1.10mi
5531 16th St W Unit 5537 Bradenton, FL	2.0	1.0	750	$1,650	$2.20	4d	1	1.12mi
304 47th Avenue Dr W #112 Bradenton, FL	1.0	1.0	725	$1,200	$1.66	24d	1	1.12mi
202 46th Avenue Ter W #409 Bradenton, FL	2.0	2.0	1086	$1,995	$1.84	24d	1	1.14mi
1009 W 63rd AVE Bradenton, FL	2.0	2.0	815	$1,495	$1.83	17d	1	1.15mi
203 46th Avenue Ter W Bradenton, FL	1.0	1.0	880	$1,099	$1.25	4d	1	1.16mi
655 Park Cir Bradenton, FL	1.0	1.5	816	$1,100	$1.35	24d	1	1.17mi
6434 5th St W Unit 6434 Bradenton, FL	2.0	1.0	754	$2,800	$3.71	20d	1	1.18mi
4630 5th St W Ste 6 Bradenton, FL	2.0	1.0	1000	$1,600	$1.60	12d	1	1.19mi
1566 Pleasant Rd Unit J24 Bradenton, FL	2.0	1.0	733	$1,150	$1.57	24d	1	1.21mi
5513 18th St W Bradenton, FL	2.0	1.0	1000	$1,499	$1.50	24d	1	1.21mi
5908 17th St W Unit C36 Bradenton, FL	1.0	1.0	576	$950	$1.65	17d	1	1.23mi
1345 301 Blvd E Bradenton, FL	1.0–3.0	1.0–2.0	872	$1,320	$1.51	24d	9	1.25mi
4507 3rd Street Cir W #280 Bradenton, FL	1.0	1.0	660	$1,300	$1.97	17d	1	1.26mi
5888 17th St W Unit C23 Bradenton, FL	1.0	1.0	576	$1,100	$1.91	24d	1	1.26mi
1807 Restful Dr Unit N4 Bradenton, FL	2.0	1.0	733	$1,150	$1.57	4d	1	1.27mi
1825 Flamingo Blvd Unit O26 Bradenton, FL	1.0	1.0	576	$1,000	$1.74	24d	1	1.30mi
1839 Sunny Dr Unit E36 Bradenton, FL	1.0	1.0	576	$1,350	$2.34	24d	1	1.30mi

HOA detail

• Monthly dues: $275 · $3,300/yr
• Likely covers: watersewertrashelectriccablepool

Listing history 22 events

1. 2026-06-18
   days on market $144,000 Active 98 DOM
2. 2026-06-17
   days on market $144,000 Active 97 DOM
3. 2026-06-16
   days on market $144,000 Active 96 DOM
4. 2026-06-15
   days on market $144,000 Active 95 DOM
5. 2026-06-13
   days on market $144,000 Active 93 DOM
6. 2026-06-13
   days on market $144,000 Active 92 DOM
7. 2026-06-10
   days on market $144,000 Active 90 DOM
8. 2026-06-09
   days on market $144,000 Active 89 DOM
9. 2026-06-08
   days on market $144,000 Active 88 DOM
10. 2026-06-08
    days on market $144,000 Active 87 DOM
11. 2026-06-03
    days on market $144,000 Active 83 DOM
12. 2026-06-02
    days on market $144,000 Active 82 DOM
13. 2026-06-01
    days on market $144,000 Active 81 DOM
14. 2026-05-31
    days on market $144,000 Active 80 DOM
15. 2026-04-05
    price $144,000
16. 2026-03-12
    listed $149,000 Active
17. 2014-02-26
    soldstatus $22,500 1032-char remark

    Show marketing remark (1032 chars)

    DO YOU FEEL LUCKY? BINGO! Cute 2 bedroom, 1.5 bath mobile home in an activity rich, friendly adult only (55+) land owned park. Handicap access from outdoors up to entry into a flex space that could be an office/den. A separate entry leads into a cheery, eat-in kitchen, that opens into the living room gathering space. Outdoors, you'll love the additional covered storage space in the carport area. Metal awnings on most windows will help to keep your electric bills low. Sorry, no pets allowed. Ideal location, close to: downtown Bradenton amenities, shopping, a plethora of restaurants, hospitals, entertainment options, & public transportation and just a short drive to our gorgeous area white sand beaches. Very affordable association fees include: water, sewer, trash, & cable. Palm Lake Estates community amenities include: shuffleboard, year round heated pool, & clubhouse that hosts a wealth of fun events & activities like: dances, potlucks, craft sessions, & BINGO! You've hit the jackpot here!

18. 2013-07-23
    listed $39,500 1032-char remark

    Show marketing remark (1032 chars)

    DO YOU FEEL LUCKY? BINGO! Cute 2 bedroom, 1.5 bath mobile home in an activity rich, friendly adult only (55+) land owned park. Handicap access from outdoors up to entry into a flex space that could be an office/den. A separate entry leads into a cheery, eat-in kitchen, that opens into the living room gathering space. Outdoors, you'll love the additional covered storage space in the carport area. Metal awnings on most windows will help to keep your electric bills low. Sorry, no pets allowed. Ideal location, close to: downtown Bradenton amenities, shopping, a plethora of restaurants, hospitals, entertainment options, & public transportation and just a short drive to our gorgeous area white sand beaches. Very affordable association fees include: water, sewer, trash, & cable. Palm Lake Estates community amenities include: shuffleboard, year round heated pool, & clubhouse that hosts a wealth of fun events & activities like: dances, potlucks, craft sessions, & BINGO! You've hit the jackpot here!

19. 2013-01-27
    historical
20. 2012-03-15
    listed $37,000
21. 2001-11-16
    soldstatus $56,000
22. 2001-08-20
    soldstatus $47,000

ⓘ 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: $1,424 · $119/mo
• Projected year-2 tax: $1,424 · $119/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

ⓘ 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 · 22 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: $20,710
• − Mortgage interest: −$8,066
• − Property taxes: −$1,424
• − Insurance: −$720
• − Repairs & maintenance: −$1,657
• − Management: −$1,657
• − HOA: −$3,300
• − Depreciation: −$4,189
• Taxable loss: −$302
• Est. tax savings @ 24.0%: +$73
• After-tax cash flow: $1,928/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

• Census place: Bayshore Gardens, FL
• County: Manatee County · 416,364 people
• City population: 33,840
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 40,618
• Household income: $70,761
• Rent vs Own: 27.3% rent · 72.7% own
• Severe rent burden: 1469.0

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 19% Two or more races 12% Black 9% Asian 5%
• Hispanic origin (detail): Mexican 9% Puerto Rican 3% Cuban 2% Dominican 1%
• Common ancestry: Lithuanian 3% Romanian 3% Slovak 2%
• Foreign-born: 17% · Canada, Vietnam, Dominican Republic
• Languages at home: 76% English-only · Spanish 16% Vietnamese 2% 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: ▼ -95.87%
• Current HPI: 295.8871
• Rent YoY: ▼ -0.97%
• 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

+206.4% since first listed

8 events — show timeline

• 2026-04-05 Price Changed $144,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-12 Listed $149,000 Stellar MLS as Distributed by MLS Grid
• 2014-02-26 Sold (MLS) $22,500 Stellar MLS as Distributed by MLS Grid
• 2013-07-23 Listed $39,500 Stellar MLS as Distributed by MLS Grid
• 2013-01-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2012-03-15 Listed $37,000 Stellar MLS as Distributed by MLS Grid
• 2001-11-16 Sold (Public Records) $56,000 Public Records
• 2001-08-20 Sold (Public Records) $47,000 Public Records

Property tax history

+5.9%/yr

Latest (2024): $1,424 · +2.6% YoY. Source: county tax records.