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5316 53rd Ave E Unit Q111
B+ Composite 76.52
Why this score? — see what drove the B+ 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 +28.3/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +4.4/10.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Appreciation +0.0/10.0

$134,700

5316 53rd Ave E Unit Q111 · Bradenton, FL 34203
2 bd · 1.0 ba · 1,056 sqft · Manufactured public records · 384 Days on market
Built 1973 5,567 sqft lot Est $166k · 19% under $300/mo HOA · 15% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Two Bedroom two bath doublewide mobile home. Shows very well with kitchen , A/C plus other upgrade done in 2016. Two enclosed porches, one used as a lanai with vinyl windows for year round use, the other currently serves as a workshop with the washer and dryer room included. Westwinds Community gives you a peaceful feeling as you tour the neighborhood. Friendly smiles and waves will immediately make you feel at home and EVEN ALLOWS 2 SMALL PETS. Numerous social activities give you a chance to meet your new friends and neighbors. With their fun scheduled activities of Dinners , Lunches, Card games, Shuffle board, a Heated Community pool & Hot Tub and Community Trips.

Key facts

  • Screened lanais
  • Turnkey furnished
  • Low monthly fee

Tags

DOUBLE-WIDE MANUFACTURED HOMEVINYL PLANK FLOORINGUPDATED KITCHENSCREENED LANAISLOW MONTHLY FEETURNKEY FURNISHED

Property features AI

Finance

  • Other: Unit is part of a managed community
  • Financial info: Total annual fees: $3,600; Lease restrictions apply
  • HOA & community: HOA required (Lou Paul) with $300 monthly fee; Association includes clubhouse, pool, maintenance, cable TV, internet, management, sewer, trash, water, common area taxes, structure and grounds maintenance; Association approval required; Community features include clubhouse, community mailbox, and pool; Senior community; pets allowed with breed restrictions and 25 lb max

Exterior

  • Parking: No parking details provided
  • Security: No security features listed
  • Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Cable connected
  • Home design: Residential mobile home (double wide); Single-story; Faces southwest; Completed condition
  • Construction: Metal siding; Shingle roof; Built with double-wide body type
  • Exterior features: Porch with screened side porch; Outdoor lighting; Shade shutters; Storage structure; Cleared lot; Trees and landscaped yard; Asphalt road access

Interior

  • Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Electric water heater
  • Bedrooms: 2 bedrooms
  • Flooring: Laminate; Crawlspace and slab foundation
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Ceiling fans; Window treatments; 9 total rooms
  • Laundry & utility: Washer hookup; Dryer hookup; Laundry room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $135k.

Deal economics

  • At list price, monthly cash flow is $430 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $135k).
  • Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
  • Cap rate 10.1% 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 (-1.0%/yr); 384 active listings in the ZIP; 21 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).
  • This rent runs 35% of the median local income ($71k/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 $931 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 384 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 4y ago; this cycle's ask is 8596% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $115k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: 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 $118,536 (12.0% below list)

Questions for the listing agent

  1. It's been on market 384 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 1973 — 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. 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. 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
1.52%
Cap rate
10.13%
Cash-on-cash
13.69%
DSCR
1.61
GRM
5.5

CMA / ARV

ARV (on-the-fly)
$165,792
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5316 53rd Ave E Unit K14 0.16mi 2/2.0 1,056 (0%) 6mo $140,000 $133 84
5316 53rd Ave E Unit N9 0.25mi 2/2.0 1,056 (0%) 3mo $160,000 $152 82
5316 53rd Ave E Unit L1 0.23mi 2/2.0 1,056 (0%) 5mo $175,000 $166 81
5316 53rd Ave E Unit F24 0.19mi 2/2.0 1,056 (0%) 9mo $60,000 $57 80
5316 53rd Ave E Unit F41 0.08mi 2/2.0 1,104 (+4%) 10mo $120,000 $109 76
5707 45th St E #158 0.54mi 2/2.0 1,042 (-1%) 3mo $170,000 $163 66
5316 53rd Ave E Unit Q5 0.25mi 2/2.0 960 (-9%) 4mo $105,000 $109 66
5707 45th St E #136 0.54mi 2/2.0 1,100 (+4%) 6mo $150,000 $136 59
5707 45th St E #253 0.54mi 2/2.0 1,115 (+6%) 3mo $174,900 $157 59
5316 53rd Ave E Unit M7 0.24mi 3/2.0 (+1) 1,152 (+9%) 9mo $185,000 $161 57
5707 45th St E #180 0.54mi 2/2.0 1,125 (+6%) 4mo $225,000 $200 56
5707 45th St E #35 0.54mi 2/2.0 912 (-14%) 4mo $160,000 $175 45

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
-0.2%
Equity multiple
0.99×
Total profit
$-242
Equity at exit
$20,084
10-year hold
IRR
5.4%
Equity multiple
1.34×
Total profit
$12,642
Equity at exit
$11,646

Cash invested: $37,716 (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.

ZIP-level market 34203

Home prices YoY
-24.5%
Rents YoY
-1.0%
Active inventory
384
Price-to-rent
5.5×

Monthly cashflow live

Estimated rent
$2,048 high interval (Pro) →
Mortgage (P&I)
$706
Tax from tax record
$125 /mo · $1,501/yr
Insurance
$56
HOA
$300
Vacancy / Maint / Mgmt
$430
Net cashflow
$430

Break-even live

Break-even rent $1,503
Max offer price $134,700
Occupancy floor 74%

Sensitivity live

Price -10% $506 -5% $468 +0% $430 +5% $392 +10% $354
Rent -10% $268 -5% $349 +0% $430 +5% $511 +10% $592
Rate -1.0pp $498 -0.5pp $464 base $430 +0.5pp $395 +1.0pp $360

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
$33,675
Closing costs
$4,041
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 21 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5316 53rd Ave E Unit Q111 Bradenton, FL 2.0 2.0 1056 $1,495 $1.42 11d 1 0.02mi
5616 Gentle Breeze St Bradenton, FL 2.0 2.0 1100 $1,700 $1.55 25d 1 0.16mi
5650 Simonton St Bradenton, FL 2.0 2.5 1496 $2,095 $1.40 4d 1 0.22mi
5635 Whitehead St Bradenton, FL 2.0 2.5 1496 $2,300 $1.54 25d 1 0.25mi
5707 45th St E #19 Bradenton, FL 2.0 2.0 972 $1,700 $1.75 25d 1 0.55mi
5515 Fair Oaks St Unit 5515 Bradenton, FL 2.0 2.0 1004 $2,000 $1.99 25d 1 0.83mi
5016 Misty Canal Pl Bradenton, FL 2.0 2.5 1080 $1,950 $1.81 25d 1 0.86mi
4540 Runabout Way Bradenton, FL 2.0 2.5 1080 $2,300 $2.13 25d 1 0.87mi
5414 Fair Oaks St Unit 10-D Bradenton, FL 2.0 2.0 1004 $1,995 $1.99 4d 1 0.89mi
6503 Fairway Gardens Dr Unit Available Bradenton, FL 2.0 2.0 1346 $2,200 $1.63 25d 1 0.89mi
6501 Stone River Rd Unit Available Bradenton, FL 2.0 2.0 1118 $2,200 $1.97 25d 1 0.96mi
6501 Stone River Rd Bradenton, FL 2.0 2.0 1080 $2,820 $2.61 17d 2 0.96mi
6505 Stone River Rd Bradenton, FL 2.0 2.0 1080 $2,825 $2.62 17d 3 1.04mi
6758 Fairview Ter Bradenton, FL 2.0 2.0 1346 $2,300 $1.71 25d 1 1.22mi
3645 Ali ala LOOP Braden River, FL 1.0 1.0 950 $1,400 $1.47 25d 1 1.23mi
6713 Stone River Rd #202 Bradenton, FL 2.0 2.0 1232 $1,900 $1.54 25d 1 1.24mi
6807 Stone River Rd #202 Bradenton, FL 2.0 2.0 1292 $3,500 $2.71 17d 1 1.26mi
3880 Palm Isle Pl Bradenton, FL 1.0–2.0 1.0–2.0 1042 $2,499 $2.40 3d 13 1.27mi
4815 Woodbrook Dr Sarasota, FL 2.0 2.0 1080 $2,290 $2.12 4d 1 1.29mi
6870 Fairview Ter #6870 Bradenton, FL 2.0 2.0 1346 $2,200 $1.63 17d 1 1.31mi
6872 Fairview Ter #101 Bradenton, FL 2.0 2.0 1352 $2,000 $1.48 25d 1 1.31mi

HOA detail

Monthly dues
$300 · $3,600/yr
Likely covers
pool

Listing history 28 events

  1. 2026-05-31
    days on market $134,700 Active 384 DOM
  2. 2026-05-05
    historical $1,549
  3. 2026-04-10
    listed $1,549
  4. 2026-04-09
    status Active
  5. 2026-03-30
    status Pending
  6. 2026-03-09
    price $134,700
  7. 2026-03-02
    price $134,800
  8. 2025-09-13
    price $134,900
  9. 2025-06-26
    historical $1,495
  10. 2025-05-08
    price $1,495
  11. 2025-05-02
    listed $164,700 Active
  12. 2025-03-31
    historical
  13. 2025-03-04
    price $169,900
  14. 2025-02-20
    price $179,900
  15. 2025-01-25
    price $189,900
  16. 2025-01-17
    listed $1,699
  17. 2024-12-23
    historical $2,895
  18. 2024-09-10
    listed $2,895
  19. 2024-06-25
    price $191,900
  20. 2024-06-17
    price $193,900
  21. 2024-06-10
    price $195,900
  22. 2024-06-03
    price $197,900
  23. 2024-03-26
    listed $199,900 Active
  24. 2024-02-01
    historical
  25. 2022-06-27
    soldstatus $115,000 Closed 680-char remark
    Show marketing remark (680 chars)

    Two Bedroom two bath doublewide mobile home. Shows very well with kitchen , A/C plus other upgrade done in 2016. Two enclosed porches, one used as a lanai with vinyl windows for year round use, the other currently serves as a workshop with the washer and dryer room included. Westwinds Community gives you a peaceful feeling as you tour the neighborhood. Friendly smiles and waves will immediately make you feel at home and EVEN ALLOWS 2 SMALL PETS. Numerous social activities give you a chance to meet your new friends and neighbors. With their fun scheduled activities of Dinners , Lunches, Card games, Shuffle board, a Heated Community pool & Hot Tub and Community Trips.

  26. 2022-05-23
    status Pending 680-char remark
    Show marketing remark (680 chars)

    Two Bedroom two bath doublewide mobile home. Shows very well with kitchen , A/C plus other upgrade done in 2016. Two enclosed porches, one used as a lanai with vinyl windows for year round use, the other currently serves as a workshop with the washer and dryer room included. Westwinds Community gives you a peaceful feeling as you tour the neighborhood. Friendly smiles and waves will immediately make you feel at home and EVEN ALLOWS 2 SMALL PETS. Numerous social activities give you a chance to meet your new friends and neighbors. With their fun scheduled activities of Dinners , Lunches, Card games, Shuffle board, a Heated Community pool & Hot Tub and Community Trips.

  27. 2022-04-12
    listed $140,000 Active 680-char remark
    Show marketing remark (680 chars)

    Two Bedroom two bath doublewide mobile home. Shows very well with kitchen , A/C plus other upgrade done in 2016. Two enclosed porches, one used as a lanai with vinyl windows for year round use, the other currently serves as a workshop with the washer and dryer room included. Westwinds Community gives you a peaceful feeling as you tour the neighborhood. Friendly smiles and waves will immediately make you feel at home and EVEN ALLOWS 2 SMALL PETS. Numerous social activities give you a chance to meet your new friends and neighbors. With their fun scheduled activities of Dinners , Lunches, Card games, Shuffle board, a Heated Community pool & Hot Tub and Community Trips.

  28. 1991-12-04
    soldstatus $20,000

ⓘ 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
$1,501 · $125/mo
Projected year-2 tax
$1,501 · $125/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 4/10 Moderate FEMA zone X (unshaded) · 13% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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 · 1 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
$24,574
− Mortgage interest
−$7,545
− Property taxes
−$1,501
− Insurance
−$674
− Repairs & maintenance
−$1,966
− Management
−$1,966
− HOA
−$3,600
− Depreciation
−$3,919
Taxable income
$3,404
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$817
After-tax cash flow
$4,345/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)
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

Price history

-92.3% since first listed
27 events — show timeline
  • 2026-05-05 Rental Removed $1,549 STELLARMLS
  • 2026-04-10 Listed for Rent $1,549 STELLARMLS
  • 2026-04-09 Relisted Stellar MLS as Distributed by MLS Grid
  • 2026-03-30 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-03-09 Price Changed $134,700 Stellar MLS as Distributed by MLS Grid
  • 2026-03-02 Price Changed $134,800 Stellar MLS as Distributed by MLS Grid
  • 2025-09-13 Price Changed $134,900 Stellar MLS as Distributed by MLS Grid
  • 2025-06-26 Rental Removed $1,495 STELLARMLS
  • 2025-05-08 Price Changed $1,495 STELLARMLS
  • 2025-05-02 Listed $164,700 Stellar MLS as Distributed by MLS Grid
  • 2025-03-31 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2025-03-04 Price Changed $169,900 Stellar MLS as Distributed by MLS Grid
  • 2025-02-20 Price Changed $179,900 Stellar MLS as Distributed by MLS Grid
  • 2025-01-25 Price Changed $189,900 Stellar MLS as Distributed by MLS Grid
  • 2025-01-17 Listed for Rent $1,699 STELLARMLS
  • 2024-12-23 Rental Removed $2,895 STELLARMLS
  • 2024-09-10 Listed for Rent $2,895 STELLARMLS
  • 2024-06-25 Price Changed $191,900 Stellar MLS as Distributed by MLS Grid
  • 2024-06-17 Price Changed $193,900 Stellar MLS as Distributed by MLS Grid
  • 2024-06-10 Price Changed $195,900 Stellar MLS as Distributed by MLS Grid
  • 2024-06-03 Price Changed $197,900 Stellar MLS as Distributed by MLS Grid
  • 2024-03-26 Listed $199,900 Stellar MLS as Distributed by MLS Grid
  • 2024-02-01 Rental Removed STELLARMLS
  • 2022-06-27 Sold (MLS) $115,000 Stellar MLS as Distributed by MLS Grid
  • 2022-05-23 Pending Stellar MLS as Distributed by MLS Grid
  • 2022-04-12 Listed $140,000 Stellar MLS as Distributed by MLS Grid
  • 1991-12-04 Sold (Public Records) $20,000 Public Records

Property tax history

+6.3%/yr

Latest (2025): $1,501 · -3.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…