4152 66th Street Cir W · Bradenton, FL 34209

$159,900

2 bd · 2.0 ba · 1,044 sqft · Condo public records · 188 Days on market

Built 1983 $500/mo HOA · 23% of rent

---

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 +15.6/30.0
• 1% rule +8.5/10.0
• ARV discount +7.5/15.0
• DSCR +4.8/10.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks

One or more photo(s) has been virtually staged. ALMOST EVERTYHING IS NEW!!!! NEW AC, WATER HEATER, APPLIANCES, FLOORING. Welcome to Heritage Village—Bradenton’s highly desired 55+ villa community just minutes from Anna Maria Island! This beautifully maintained 2-bedroom, 2-bath villa offers comfortable, low-maintenance living with valuable updates including a new A/C system and a newer water heater. New flooring just installed for a fresher, updated look. New Frigidaire appliances, stove and refrigerator. This villa home gives you peace of mind from the moment you move in. Enjoy the convenience of being located outside the flood zone, yet only a short Bike ride or drive—j

Key facts

• Rec center
• New a c system
• Fitness center

Tags

• NEW A C SYSTEM
• NEWER WATER HEATER
• OUTSIDE THE FLOOD ZONE
• HEATED POOL
• REC CENTER
• FITNESS CENTER

Property features AI

Finance

• Other: Lease restrictions apply; Senior community (no pets allowed)
• Financial info: Total annual fees: $6,000
• HOA & community: HOA managed by Dellcor Management; Monthly condo/HOA fee: $500; HOA fees billed monthly; Association approval required; Association amenities include clubhouse, fitness center, pool, recreation facilities, shuffleboard court, community mailbox, sidewalks, park; HOA fee includes cable TV, common area taxes, pool, escrow reserves, insurance, internet, structure and grounds maintenance, pest control, recreational facilities

Exterior

• Parking: Corner lot location in a cul-de-sac (community setting)
• Utilities: Public water; Public sewer; Broadband/High-speed internet available; Public utilities
• Home design: Condominium; One story; First-floor unit; Faces southwest
• Construction: Concrete construction; Shingle roof; Slab foundation; Built as part of a multi-unit building (building G)
• Exterior features: Enclosed patio/porch; Front porch; Rear porch; Screened porch; Private mailbox; Sidewalks; Sliding doors; On-site storage; Pond access

Interior

• Kitchen: Dishwasher; Disposal; Range; Range hood; Refrigerator; Exhaust fan; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Ceramic tile; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Living room and dining room combined; Blinds on windows; Storage rooms
• Laundry & utility: In-unit laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $160k.

Deal economics

• At list price, monthly cash flow is $67 ($803/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $141k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.8% 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.
• Market conditions: Rents soft (-0.3%/yr); 510 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 32% of the median local income ($82k/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 $5k 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 188 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $87k; list at $160k implies a 84% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 23% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 188 days. Have you received any prior offers? Is the seller open to a 12% 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. 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. 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?
7. 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?
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 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: 1.35% ✓
• Cap rate: 6.80%
• Cash-on-cash: 1.79%
• DSCR: 1.08
• GRM: 6.2

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: -18.3%
• Equity multiple: 0.38×
• Total profit: $-27,630
• Equity at exit: $23,842

10-year hold

• IRR: -23.2%
• Equity multiple: 0.07×
• Total profit: $-41,618
• Equity at exit: $13,825

Cash invested: $44,772 (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.

Methodology + full state rankings →

ZIP-level market 34209

• Rents YoY: -0.3%
• Active inventory: 510
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,165 high
• Mortgage (P&I): −$839
• Tax from tax record: −$239 /mo · $2,864/yr
• Insurance: −$67
• HOA: −$500
• Vacancy / Maint / Mgmt: −$455
• Net cashflow: $67

Break-even live

Break-even rent $2,081

Max offer price $159,900

Occupancy floor 92%

Sensitivity live

Price	-10% $157	-5% $112	+0% $67	+5% $22	+10% $-24
Rent	-10% $-104	-5% $-19	+0% $67	+5% $152	+10% $238
Rate	-1.0pp $147	-0.5pp $108	base $67	+0.5pp $26	+1.0pp $-17

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4112 66th Street Cir W Bradenton, FL	2.0	2.0	1100	$1,960	$1.78	20d	1	0.10mi
4116 62nd St W Bradenton, FL	2.0	2.0	840	$1,650	$1.96	4d	1	0.14mi
4209 66th Street Cir W Bradenton, FL	2.0	2.0	1044	$2,900	$2.78	24d	1	0.22mi
4161 66th Street Cir W Bradenton, FL	2.0	2.0	1044	$1,800	$1.72	16d	1	0.22mi
5907 36th Ave Cir W #5907 Bradenton, FL	2.0	2.0	937	$2,800	$2.99	24d	1	0.31mi
4118 59th St W Bradenton, FL	2.0	1.0	756	$1,800	$2.38	16d	1	0.33mi
6709 35th Ave W Unit 1346494P Bradenton, FL	3.0	2.0	1227	$4,527	$3.69	16d	1	0.39mi
6711 45th Ave W Unit A Bradenton, FL	2.0	2.0	1100	$1,700	$1.55	16d	1	0.42mi
4063 Overture Cir Bradenton, FL	3.0	2.0	1277	$2,400	$1.88	24d	1	0.43mi
4037 Overture Cir Unit 4037 Bradenton, FL	3.0	2.0	1381	$2,195	$1.59	24d	1	0.44mi
4005 Overture Cir Unit 4005 Bradenton, FL	3.0	2.0	1381	$2,700	$1.96	24d	1	0.44mi
7202 Hamilton Rd Unit 7202 Bradenton, FL	3.0	2.0	1277	$2,250	$1.76	16d	1	0.45mi
4601 66th St W Bradenton, FL	3.0	1.0–2.0	917	$2,065	$2.25	2d	24	0.45mi
4572 Red Maple Rd #901 Bradenton, FL	2.0	2.0	1224	$1,600	$1.31	24d	1	0.50mi
4196 Overture Cir Unit 4196 Bradenton, FL	3.0	2.0	1277	$2,300	$1.80	4d	1	0.51mi
4501 71st St W Bradenton, FL	1.0–2.0	1.0–2.0	850	$1,680	$1.98	2d	28	0.52mi
4122 Overture Cir #533 Bradenton, FL	3.0	2.0	1381	$2,900	$2.10	24d	1	0.53mi
2914 64th St W Bradenton, FL	2.0	2.0	1135	$2,025	$1.78	24d	1	0.55mi
2926 63rd St W Bradenton, FL	2.0	2.0	946	$2,100	$2.22	4d	1	0.57mi
7333 Skybird Rd Bradenton, FL	3.0	2.0	1277	$3,500	$2.74	24d	1	0.58mi
5909 30th Ave W Bradenton, FL	1.0–2.0	1.0–2.0	788	$1,670	$2.12	2d	6	0.59mi
4112 Cape Vista Dr Bradenton, FL	3.0	2.0	1450	$3,495	$2.41	24d	1	0.60mi
4850 51st St W Bradenton, FL	1.0–2.0	1.0–2.0	800	$1,750	$2.19	15d	3	0.71mi
4850 51st St W Bradenton, FL	1.0–2.0	1.0–2.0	800	$1,750	$2.19	4d	2	0.71mi
4880 51st St W Bradenton, FL	1.0–4.0	1.0–3.0	1019	$1,527	$1.50	4d	11	0.74mi
5933 28th Ave W Bradenton, FL	1.0–2.0	1.0–2.0	945	$2,013	$2.13	2d	6	0.78mi
4005 78th St W Bradenton, FL	3.0	2.0	1000	$1,895	$1.90	4d	1	0.80mi
4802 51st St W Bradenton, FL	1.0–2.0	1.0–2.0	1007	$1,950	$1.94	16d	15	0.81mi
4802 51st St W Bradenton, FL	1.0–2.0	1.0–2.0	1007	$1,950	$1.94	4d	13	0.81mi
4110 Ironwood Cir #104 Bradenton, FL	2.0	2.0	1152	$1,800	$1.56	24d	1	0.86mi
4210 Ironwood Cir Unit 103J Bradenton, FL	1.0	1.0	750	$1,800	$2.40	24d	1	0.87mi
2724 72nd St W Unit 2010 Bradenton, FL	2.0	2.0	942	$1,950	$2.07	3d	1	0.87mi
4040 Ironwood Cir Unit 406F Bradenton, FL	2.0	2.0	1008	$1,675	$1.66	16d	1	0.92mi
4040 Ironwood Cir Unit 404F Bradenton, FL	2.0	2.0	1008	$1,750	$1.74	12d	1	0.92mi
4325 80th St W Bradenton, FL	3.0	1.5	1000	$2,200	$2.20	24d	1	0.95mi
3401 50th St W Bradenton, FL	3.0	2.0	1418	$2,699	$1.90	24d	1	0.96mi
2727 75th St W Bradenton, FL	1.0–2.0	1.5	835	$1,700	$2.04	4d	4	0.96mi
6304 Pointe West Blvd Unit A309 Bradenton, FL	2.0	2.0	1042	$1,795	$1.72	11d	1	0.97mi
4460 Ironwood Cir Unit 501A Bradenton, FL	1.0	1.5	840	$2,595	$3.09	24d	1	0.97mi
4460 Ironwood Cir Unit 406 Bradenton, FL	1.0	1.0	750	$1,600	$2.13	2d	1	0.97mi

HOA detail condo

• Monthly dues: $500 · $6,000/yr
• Likely covers: water
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 23 events

1. 2026-06-18
   days on market $159,900 Active 188 DOM
2. 2026-06-17
   days on market $159,900 Active 187 DOM
3. 2026-06-16
   days on market $159,900 Active 186 DOM
4. 2026-06-15
   days on market $159,900 Active 185 DOM
5. 2026-06-13
   days on market $159,900 Active 183 DOM
6. 2026-06-13
   pricedays on market $159,900 Active 182 DOM
7. 2026-06-10
   days on market $164,900 Active 180 DOM
8. 2026-06-09
   days on market $164,900 Active 179 DOM
9. 2026-06-08
   days on market $164,900 Active 178 DOM
10. 2026-06-08
    days on market $164,900 Active 177 DOM
11. 2026-06-03
    days on market $164,900 Active 173 DOM
12. 2026-06-02
    days on market $164,900 Active 172 DOM
13. 2026-06-01
    days on market $164,900 Active 171 DOM
14. 2026-05-31
    days on market $164,900 Active 170 DOM
15. 2026-04-03
    status Active
16. 2026-03-30
    status Pending
17. 2026-03-23
    price $164,900
18. 2025-12-08
    listed $169,900 Active
19. 2025-07-29
    historical
20. 2025-07-10
    price $170,000
21. 2025-04-21
    listed $180,000 Active
22. 2004-05-03
    soldstatus $87,000
23. 1984-07-01
    soldstatus $56,500

ⓘ 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: $2,864 · $239/mo
• Projected year-2 tax: $2,864 · $239/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 7 d/yr ≥106°F today · 31 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: $25,986
• − Mortgage interest: −$8,957
• − Property taxes: −$2,864
• − Insurance: −$800
• − Repairs & maintenance: −$2,079
• − Management: −$2,079
• − HOA: −$6,000
• − Depreciation: −$4,652
• Taxable loss: −$1,444
• Est. tax savings @ 24.0%: +$346
• After-tax cash flow: $1,150/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

• Census place: Bradenton, FL
• County: Manatee County · 416,364 people
• City population: 227,091
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 33,224
• Household income: $81,728
• Rent vs Own: 21.8% rent · 78.2% own
• Severe rent burden: 1126.0

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 (84%)
• Race & ethnicity: White 84% Hispanic / Latino 11% Two or more races 6% Black 2% Asian 1%
• Hispanic origin (detail): Puerto Rican 4% Cuban 3%
• Common ancestry: Romanian 3% Slovak 3% Lithuanian 3%
• Foreign-born: 9% · Canada, Jamaica, China
• Languages at home: 90% English-only · Spanish 6% Russian/Polish/Slavic 1% 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: ▼ -360.34%
• Current HPI: 320.0061
• Rent YoY: ▼ -0.30%
• 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

+191.9% since first listed

9 events — show timeline

• 2026-04-03 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-23 Price Changed $164,900 Stellar MLS as Distributed by MLS Grid
• 2025-12-08 Listed $169,900 Stellar MLS as Distributed by MLS Grid
• 2025-07-29 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-07-10 Price Changed $170,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-21 Listed $180,000 Stellar MLS as Distributed by MLS Grid
• 2004-05-03 Sold (Public Records) $87,000 Public Records
• 1984-07-01 Sold (Public Records) $56,500 Public Records

Property tax history

+8.6%/yr

Latest (2025): $2,864 · +5.3% YoY. Source: county tax records.