3500 EL Conquistador Pkwy #332 · Bradenton, FL
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.57%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 29 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- 1% rule +5.9/10.0
- Cash flow +5.7/30.0
- Livability +4.0/5.0
- Condition / age +3.8/5.0
- Schools +3.1/10.0
- Rent growth +1.0/5.0
- DSCR +0.1/10.0
- Appreciation +0.0/10.0
$184,900
3500 EL Conquistador Pkwy #332 · Bradenton, FL 34210
2 bd · 2.0 ba · 1,185 sqft · Condo
· 55 Days on market
Built 1979
$156/sqft
· 18% below area
Est $226k · 18% under
$692/mo HOA · 34% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Virtually Staged. One or more photo(s) was virtually staged. SOME HOMES CAN BE UPDATED. AN EXCEPTIONAL LOCATION IS SOMETHING MONEY CAN'T CREATE. Welcome to Valencia Gardens III, where peaceful golf course and water views overlooking IMG Academy Golf Club create the perfect backdrop for relaxed Florida living. Opportunities to own in this desirable West Bradenton community don't come along every day. YEAR-ROUND FLORIDA LIVING. One of this home's standout features is the enclosed, climate-controlled Florida room. Unlike many neighboring units with screened lanais, this additional living space can be enjoyed 365 days a year, rain or shine.
Key facts
- Water views
- Community pool
- Corner unit
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $185k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-376 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $131k (29.4% below list).
- Meets the 1% rule at list price ($2k rent vs $185k).
- Recommended offer: $131k (29.4% below list) — sets the bar for cash-flow.
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: Bayshore Elementary School (math 51% / reading 36%, grade F, #1,345 of 2,144 statewide, top 64%, 701 students, 72% FRL); Electa Lee Magnet Middle School (math 27% / reading 28%, grade F, #495 of 571 statewide, top 87%, 759 students, 68% 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 31% at this address vs 52% district-wide (-21 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); 686 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 94d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 68% of comp listings sitting > 30 days — soft ceiling on asking rent; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
- This rent runs 38% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 55 days — a 3% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts 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.
Risks & watch-outs
- Watch-outs: HOA is 34% of rent.
- Climate carrying-cost: major flood risk; 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
$130,539
(29.4% below list)
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 55 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
- Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.09% ✓
- Cap rate
- 3.85%
- Cash-on-cash
- -8.71%
- DSCR
- 0.61
- GRM
- 7.6
CMA / ARV
- ARV (median comp)
- $225,795
- List price
- $184,900
- Delta
- -18.11%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 6040 27th St W | 0.68mi | 2/2.0 | 1,160 (-2%) | 1mo | $169,500 | $146 | 64 |
| 6101 34th St W Unit 1D | 0.34mi | 2/2.0 | 1,341 (+13%) | 0mo | $215,000 | $160 | 62 |
| 6015 27th St W Unit 1C | 0.71mi | 2/2.0 | 1,076 (-9%) | 0mo | $192,000 | $178 | 51 |
| 3307 Miami Pl | 0.43mi | 3/2.0 (+1) | 1,412 (+19%) | 0mo | $195,000 | $138 | 50 |
| 5430 21st St W | 1.41mi | 2/2.0 | 1,074 (-9%) | 0mo | $190,000 | $177 | 49 |
| 3813 59th Ave W #3813 | 0.58mi | 2/2.0 | 912 (-23%) | 0mo | $120,000 | $132 | 48 |
| 2808 60th Ave W #302 | 0.59mi | 2/2.0 | 897 (-24%) | 0mo | $138,500 | $154 | 47 |
| 6324 Case Ave | 0.48mi | 3/2.0 (+1) | 1,470 (+24%) | 1mo | $375,000 | $255 | 47 |
| 2416 Emory Ave | 0.76mi | 3/1.5 (+1) | 1,276 (+8%) | 1mo | $335,000 | $263 | 45 |
| 1306 Dartmouth Dr | 1.01mi | 3/1.0 (+1) | 1,076 (-9%) | 0mo | $320,000 | $297 | 41 |
| 6116 Dartmouth Dr | 1.10mi | 3/2.0 (+1) | 1,405 (+19%) | 0mo | $350,000 | $249 | 35 |
| 3701 54th Dr W #201 | 0.99mi | 3/3.0 (+1) | 1,439 (+21%) | 0mo | $385,000 | $268 | 31 |
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
- -37.3%
- Equity multiple
- -0.15×
- Total profit
- $-59,347
- Equity at exit
- $27,569
10-year hold
- IRR
- -95.8%
- Equity multiple
- -1.00×
- Total profit
- $-103,490
- Equity at exit
- $15,987
Cash invested: $51,772 (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.
Active competition Active MLS
- For sale now
- 5 active · 6 under contract
- Median asking
- $274,900 ($229/sqft)
- Median days on market
- 292 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -16.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34210
- Rents YoY
- -6.1%
- Active inventory
- 686
- Price-to-rent
- 7.6×
Monthly cashflow live
↻
- Estimated rent
- $2,018 high interval (Pro) →
- Mortgage (P&I)
- −$970
- Tax est. 1.5%
- −$231 /mo · $2,774/yr
- Insurance
- −$77
- HOA
- −$692
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$424
- Net cashflow
- $-376
Break-even live
Break-even rent
$2,493
Max offer price
$130,539
Occupancy floor
—
Sensitivity live
| Price | -10% $-248 | -5% $-312 | +0% $-376 | +5% $-440 | +10% $-503 |
|---|---|---|---|---|---|
| Rent | -10% $-535 | -5% $-455 | +0% $-376 | +5% $-296 | +10% $-216 |
| Rate | -1.0pp $-283 | -0.5pp $-329 | base $-376 | +0.5pp $-424 | +1.0pp $-472 |
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
- $46,225
- Closing costs
- $5,547
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3500 El Conquistador Pkwy Bradenton, FL | 2.0–3.0 | 2.0 | 1390 | $1,900 | $1.37 | 9d | 2 | 0.13mi |
| 5903 43rd St W Unit 5903 Bradenton, FL | 2.0 | 2.0 | 1178 | $2,950 | $2.50 | 9d | 1 | 0.22mi |
| 5903 43rd St W Unit 5903 Bradenton, FL | 2.0 | 2.0 | 1178 | $2,950 | $2.50 | 119d | 1 | 0.22mi |
| 6114 43rd St W Bradenton, FL | 2.0 | 2.0 | 1178 | $2,200 | $1.87 | 9d | 1 | 0.26mi |
| 6147 43rd St W Bradenton, FL | 2.0 | 2.0 | 1116 | $3,200 | $2.87 | 119d | 1 | 0.27mi |
| 6116 43rd St W Bradenton, FL | 2.0 | 2.0 | 1178 | $2,500 | $2.12 | 9d | 1 | 0.29mi |
| 6116 43rd St W Unit 401D Bradenton, FL | 2.0 | 2.0 | 1178 | $2,500 | $2.12 | 119d | 1 | 0.29mi |
| 6468 Seagull Dr #316 Bradenton, FL | 2.0 | 2.0 | 1314 | $3,900 | $2.97 | 119d | 1 | 0.29mi |
| 6440 Mourning Dove Dr #402 Bradenton, FL | 2.0 | 2.0 | 1364 | $2,800 | $2.05 | 9d | 1 | 0.31mi |
| 6120 43rd St W Unit 102B Bradenton, FL | 2.0 | 2.0 | 1178 | $1,425 | $1.21 | 9d | 1 | 0.32mi |
| 4119 61st Avenue Ter W #404 Bradenton, FL | 2.0 | 2.0 | 1178 | $1,300 | $1.10 | 9d | 1 | 0.33mi |
| 4119 61st Avenue Ter W #303 Bradenton, FL | 2.0 | 2.0 | 1178 | $1,800 | $1.53 | 119d | 1 | 0.33mi |
| 4119 61st Avenue Ter W #407 Bradenton, FL | 2.0 | 2.0 | 1178 | $1,695 | $1.44 | 99d | 1 | 0.33mi |
| 4119 61st Avenue Ter W Bradenton, FL | 2.0 | 2.0 | 1178 | $1,495 | $1.27 | 80d | 1 | 0.33mi |
| 6033 34th St W Bradenton, FL | 2.0 | 2.0 | 948 | $1,575 | $1.66 | 65d | 2 | 0.35mi |
| 6033 34th St W Bradenton, FL | 2.0 | 2.0 | 942 | $1,550 | $1.64 | 99d | 3 | 0.35mi |
| 6033 34th St W Bradenton, FL | 2.0 | 2.0 | 996 | $1,500 | $1.51 | 119d | 2 | 0.35mi |
| 6033 34th St W Bradenton, FL | 2.0 | 2.0 | 942 | $1,625 | $1.73 | 98d | 2 | 0.35mi |
| 6050 34th St W Bradenton, FL | 1.0–2.0 | 1.0–2.0 | 768 | $1,660 | $2.16 | 0d | 21 | 0.35mi |
| 6423 Egret Ln #402 Bradenton, FL | 2.0 | 2.0 | 1425 | $3,150 | $2.21 | 119d | 1 | 0.36mi |
| 3107 Bayshore Gardens Pkwy Bradenton, FL | 3.0 | 2.0 | 1390 | $2,700 | $1.94 | 3d | 1 | 0.36mi |
| 6101 34th St W Bradenton, FL | 2.0–3.0 | 2.0 | 1444 | $1,890 | $1.31 | 98d | 2 | 0.36mi |
| 6470 Mourning Dove Dr #203 Bradenton, FL | 2.0 | 2.0 | 1364 | $2,395 | $1.76 | 2d | 1 | 0.36mi |
| 3304 McDill Rd Bradenton, FL | 2.0 | 1.0 | 1044 | $1,695 | $1.62 | 107d | 1 | 0.38mi |
| 6033 34th St W #104 Bradenton, FL | 2.0 | 2.0 | 948 | $1,570 | $1.66 | 9d | 1 | 0.42mi |
| 4510 El Conquistador Pkwy #207 Bradenton, FL | 2.0 | 2.0 | 1074 | $3,400 | $3.17 | 119d | 1 | 0.49mi |
| 3610 59th Ave W #3610 Bradenton, FL | 2.0 | 2.0 | 912 | $1,300 | $1.43 | 65d | 1 | 0.56mi |
| 3533 59th Ave W Unit 3533 Bradenton, FL | 2.0 | 2.0 | 912 | $1,500 | $1.64 | 111d | 1 | 0.56mi |
| 3527 59th Ave W Unit 3527 Bradenton, FL | 2.0 | 2.0 | 912 | $1,400 | $1.54 | 119d | 1 | 0.56mi |
| 3545 59th Ave W #3545 Bradenton, FL | 3.0 | 2.0 | 1037 | $1,600 | $1.54 | 111d | 1 | 0.56mi |
| 3427 59th Ave W Bradenton, FL | 2.0 | 2.5 | 1330 | $2,000 | $1.50 | 80d | 1 | 0.57mi |
| 3739 59th Ave W Unit 3739 Bradenton, FL | 2.0 | 2.0 | 912 | $1,350 | $1.48 | 9d | 1 | 0.59mi |
| 3646 59th Ave W Unit 3646 Bradenton, FL | 2.0 | 2.0 | 912 | $1,300 | $1.43 | 65d | 1 | 0.59mi |
| 3773 59th Ave W Bradenton, FL | 2.0 | 2.0 | 912 | $1,595 | $1.75 | 119d | 1 | 0.59mi |
| 3821 59th Ave W Unit 3821 Bradenton, FL | 3.0 | 2.0 | 1037 | $1,695 | $1.63 | 93d | 1 | 0.60mi |
| 3775 59th Ave W Unit 3775 Bradenton, FL | 2.0 | 2.0 | 912 | $3,500 | $3.84 | 119d | 1 | 0.60mi |
| 3851 59th Ave W Unit 3851 Bradenton, FL | 2.0 | 2.0 | 912 | $1,500 | $1.64 | 119d | 1 | 0.61mi |
| 3843 59th Ave W Bradenton, FL | 2.0 | 2.0 | 912 | $1,200 | $1.32 | 65d | 1 | 0.61mi |
| 3728 59th Ave W Bradenton, FL | 3.0 | 2.0 | 1037 | $1,550 | $1.49 | 9d | 1 | 0.61mi |
| 3840 59th Ave W Unit 3840 Bradenton, FL | 2.0 | 2.0 | 912 | $1,500 | $1.64 | 82d | 1 | 0.62mi |
Property features AI
Finance
- Other
- UnfurnishedBuyer approval required for communityLease restrictions apply
- Financial info
- Total monthly fees shown: $692.67Total annual fees shown: $8,312
- HOA & community
- Monthly condo fee: $693 (quarterly fee listed as $2,078)Association manages pool and common areasAssociation fee covers cable TV, common area taxes, pool, escrow reserves, insurance, structure and grounds maintenance, management, pest control, private road, recreational facilities, sewer, trash, and waterAssociation approval requiredVehicle restrictions and community rules (deed restrictions, no truck/RV/motorcycle parking)Community features include pool, community mailbox, reclaimed water irrigationPets allowed with number limit
Exterior
- Parking
- Assigned parking
- Utilities
- Public waterPublic sewerCable connectedElectricity availableSewer connectedWater connected
- Home design
- Residential condominium2 total storiesFaces east
- Construction
- Block constructionTile roofBlock foundation
- Exterior features
- Enclosed patio/porchFront porchRear porchScreened porchExterior lightingPond view
Interior
- Kitchen
- Built-in ovenCooktopDishwasherDisposalMicrowaveRefrigeratorElectric water heater
- Bedrooms
- 2 bedrooms
- Flooring
- CarpetVinyl
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Electric heatingCentral air conditioning
- Interior features
- Ceiling fansLiving room/dining room comboThermostatWalk-in closet(s)Blinds
- Laundry & utility
- Washer hookupDryer hookup (electric)Laundry closet
HOA detail $692/mo · $8,304/yr condo
- Likely covers
- water
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-24days on market $184,900 Active 55 DOM
-
2026-09-23days on market $184,900 Active 54 DOM
-
2026-09-22days on market $184,900 Active 53 DOM
-
2026-09-21days on market $184,900 Active 52 DOM
-
2026-09-20days on market $184,900 Active 51 DOM
-
2026-09-19days on market $184,900 Active 50 DOM
-
2026-09-18days on market $184,900 Active 49 DOM
-
2026-09-17days on market $184,900 Active 48 DOM
-
2026-09-16days on market $184,900 Active 47 DOM
-
2026-09-15days on market $184,900 Active 46 DOM
-
2026-09-14days on market $184,900 Active 45 DOM
-
2026-09-13days on market $184,900 Active 44 DOM
-
2026-09-12days on market $184,900 Active 43 DOM
-
2026-09-11days on market $184,900 Active 42 DOM
-
2026-09-05days on market $184,900 Active 36 DOM
-
2026-09-04days on market $184,900 Active 35 DOM
-
2026-09-03days on market $184,900 Active 34 DOM
-
2026-08-31days on market $184,900 Active 31 DOM
-
2026-08-30days on market $184,900 Active 30 DOM
-
2026-08-29days on market $184,900 Active 29 DOM
-
2026-08-28days on market $184,900 Active 28 DOM
-
2026-08-27days on market $184,900 Active 27 DOM
-
2026-08-26days on market $184,900 Active 26 DOM
-
2026-08-25days on market $184,900 Active 25 DOM
-
2026-08-24days on market $184,900 Active 24 DOM
-
2026-08-23days on market $184,900 Active 23 DOM
-
2026-08-22days on market $184,900 Active 22 DOM
-
2026-08-21days on market $184,900 Active 21 DOM
-
2026-08-20days on market $184,900 Active 20 DOM
-
2026-08-19days on market $184,900 Active 19 DOM
-
2026-08-18days on market $184,900 Active 18 DOM
-
2026-08-17days on market $184,900 Active 17 DOM
-
2026-08-16days on market $184,900 Active 16 DOM
-
2026-08-15days on market $184,900 Active 15 DOM
-
2026-08-14days on market $184,900 Active 14 DOM
-
2026-08-13days on market $184,900 Active 13 DOM
-
2026-08-12days on market $184,900 Active 12 DOM
-
2026-08-11days on market $184,900 Active 11 DOM
-
2026-08-10days on market $184,900 Active 10 DOM
-
2026-08-09days on market $184,900 Active 9 DOM
-
2026-08-08days on market $184,900 Active 8 DOM
-
2026-08-07days on market $184,900 Active 7 DOM
-
2026-08-06days on market $184,900 Active 6 DOM
-
2026-08-05days on market $184,900 Active 5 DOM
-
2026-08-04days on market $184,900 Active 4 DOM
-
2026-08-03days on market $184,900 Active 3 DOM
-
2026-08-01pricedays on market $184,900 Active 1 DOM
-
2026-07-21days on market $185,000 Active 130 DOM
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2026-07-18days on market $185,000 Active 127 DOM
-
2026-07-18days on market $185,000 Active 126 DOM
ⓘ 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 6/10 Major FEMA zone X (shaded) · 57% chance over 30 yrs
- Wildfire 1/10 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,215
- − Mortgage interest
- −$10,357
- − Property taxes
- −$2,774
- − Insurance
- −$924
- − Repairs & maintenance
- −$1,937
- − Management
- −$1,937
- − HOA
- −$8,304
- − Depreciation
- −$5,379
- Taxable loss
- −$7,398
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$1,776
- After-tax cash flow
- $-2,733/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.
Condition & rehab AI · 7 photos
75/100
Cosmetic rehab
Est. rehab $5,925–$17,775 screening
This well-maintained second-floor condo in Valencia Gardens offers a golf course view and is ready for a fresh coat of paint and landscaping improvements to enhance its curb appeal and value.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and resale value. ↑
- Both Landscaping improvements — Enhances curb appeal and rental value. ↑
- Both Update interior paint — Fresh paint can make the interior more inviting and increase both resale and rental value. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 31/100
Zoned Schools
Elementary
Bayshore Elementary School
F
FL #1,345/2,144
Nat'l #17,359/41,679
Middle
Electa Lee Magnet Middle School
F
FL #495/571
Nat'l #9,659/14,009
High
Bayshore High School
F
FL #546/667
Nat'l #13,899/17,239
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
A
Composite livability gradescore 81/100
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 · 447,342 people
- City population
- 227,091
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 17,682
- Household income
- $64,244
- Rent vs Own
- Severe rent burden
- 17% of renters
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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-0.1% since first listed3 events — show timeline
- 2026-07-31 Listed $184,900 Stellar MLS as Distributed by MLS Grid
- 2026-07-21 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2026-03-13 Listed $185,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…