3404 Judith Dr · Bradenton, FL 34222

$95,000

2 bd · 1.0 ba · 1,056 sqft · Manufactured public records · 86 Days on market

Built 1986 $213/mo HOA

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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 +30.0/30.0
• 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
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Terra Siesta Mobile Home Park. This is a beautiful 55+ resident owned co-op community. There is no lot rent and HOA fees are only $169/month which include trash pickup and water. This is a roomy home being sold "as is" but has a lot of potential with some TLC. Enjoy resort living with 2 community pools, tennis courts, basketball, bocci ball, pickle ball and up to 40 planned activities. This unfurnished home has 2 bedrooms, 1.5 bathrooms, a screened in lanai in the front of the house, a storage shed and a screened in porch for your enjoyment. Laundry room is conveniently located inside the home. Terra Siesta Mobile Home Park is ideally located for shopping and only a short drive to one of the area's beautiful beaches. Come see what this home and community has to offer. You won't be disappointed. Large screen TV, TV Stand, Freezer and Washer/Dryer convey with sale of house. Room measurements are approximate and should be verified by the buyer.

Key facts

• Shed with workshop
• Updated home
• New windows

Tags

• UPDATED HOME
• NEW WINDOWS
• UPDATED ELECTRICAL PANEL
• SHED WITH WORKSHOP
• INSIDE LAUNDRY
• LARGE SCREENED IN PORCH

Property features AI

Finance

• Other: Total annual fees $2,556
• Financial info: Lease restrictions apply
• HOA & community: Has HOA with monthly fee of $213 (includes pool, common area taxes, maintenance of grounds, sewer, water, trash, recreational facilities, pool, escrow reserves fund); Association approval required; Association amenities: Clubhouse, Park, Shuffleboard court; Senior community; Pets allowed with number limit

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Water connected; Sewer connected
• Home design: Manufactured double-wide home; Single-story (one level); Faces west
• Construction: Vinyl siding; Metal roof; Crawlspace foundation; Built on a 0.12-acre lot
• Exterior features: Storage; Concrete road access

Interior

• Kitchen: Dishwasher; Disposal; Electric range; Microwave; Refrigerator; Freezer
• Bedrooms: 2 bedrooms
• Flooring: Hardwood flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric, heat pump); Central air conditioning
• Interior features: Cathedral ceilings; Ceiling fans; Open floorplan with living/dining combo; Solid wood cabinets; Walk-in closet(s); Window treatments
• Laundry & utility: Washer and dryer included; Inside laundry; Electric water heater

🏢 Co-op / cooperative unit. The $95,000 price buys shares in the cooperative corporation, not the real estate itself — so it isn't comparable to a fee-simple sale price, and the cashflow / cap-rate / 1%-rule cards below (which assume you own the property and can rent it out) don't apply here. Expect board approval and a monthly maintenance fee on top of the price.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $95k.

Deal economics

• At list price, monthly cash flow is $707 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $95k).
• Recommended offer: $89k (6.0% below list) — sets the bar for market timing.
• Cap rate 15.2% 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.
• Zoned schools: Virgil Mills Elementary School (math 69% / reading 65%, grade B+, #450 of 2,144 statewide, top 22%, 818 students, 43% FRL); Palmetto High School (math 22% / reading 36%, grade F, #456 of 667 statewide, top 68%, 2,100 students, 61% FRL) — zoned schools at 52% FRL track the district average.
• Market conditions: 182 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 36% 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 $657 of loan paydown is wiped out by about $3k 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 + 3.0% rent growth), your $27k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 86 days — a 6% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $42k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $89,300 (6.0% below list)

Questions for the listing agent

1. It's been on market 86 days. Have you received any prior offers? Is the seller open to a 6% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 2.02% ✓
• Cap rate: 15.22%
• Cash-on-cash: 31.89%
• DSCR: 2.42
• GRM: 4.1

CMA / ARV

• ARV (on-the-fly): $125,664
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3404 Judith Dr	0.00mi	2/2.0	1,056 (0%)	1mo	$88,000	$83	95
3310 Eileen Dr	0.32mi	2/2.0	1,040 (-2%)	0mo	$146,000	$140	78
3108 Dorothy Pl	0.26mi	2/2.0	1,056 (0%)	10mo	$140,000	$133	76
3302 Evelyn Dr	0.23mi	2/2.0	1,008 (-4%)	3mo	$140,000	$139	75
3403 Gloria Dr	0.10mi	2/2.0	1,008 (-4%)	12mo	$120,000	$119	74
3301 Evelyn Dr	0.25mi	2/2.0	966 (-8%)	2mo	$92,500	$96	68
3309 Evelyn Dr	0.26mi	2/2.0	960 (-9%)	1mo	$74,000	$77	68
3104 Donna Dr	0.23mi	2/2.0	960 (-9%)	5mo	$94,500	$98	66
3106 Donna Dr	0.23mi	2/2.0	936 (-11%)	12mo	$142,500	$152	57
3104 Bessie Ln	0.39mi	2/1.5	950 (-10%)	10mo	$39,000	$41	55
8205 Nancy Ln	0.15mi	2/2.0	1,204 (+14%)	13mo	$165,000	$137	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.9%
• Equity multiple: 2.12×
• Total profit: $29,754
• Equity at exit: $14,165

10-year hold

• IRR: 34.5%
• Equity multiple: 4.17×
• Total profit: $84,387
• Equity at exit: $8,214

Cash invested: $26,600 (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 34222

• Home prices YoY: -26.9%
• Active inventory: 182
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,920 high
• Mortgage (P&I): −$498
• Tax from tax record: −$59 /mo · $709/yr
• Insurance: −$40
• HOA: −$213
• Vacancy / Maint / Mgmt: −$403
• Net cashflow: $707

Break-even live

Break-even rent $1,025

Max offer price $95,000

Occupancy floor 58%

Sensitivity live

Price	-10% $761	-5% $734	+0% $707	+5% $680	+10% $653
Rent	-10% $555	-5% $631	+0% $707	+5% $783	+10% $859
Rate	-1.0pp $755	-0.5pp $731	base $707	+0.5pp $682	+1.0pp $657

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8314 Nancy Ln Ellenton, FL	2.0	2.0	1404	$1,895	$1.35	25d	1	0.21mi
3908 Lemonwood Dr N Ellenton, FL	2.0	2.0	1400	$1,750	$1.25	25d	1	0.41mi
2711 80th Ave E Ellenton, FL	3.0	2.0	1000	$1,836	$1.84	4d	1	0.42mi
3808 Sunset Dr Ellenton, FL	3.0	2.0	1441	$1,699	$1.18	22d	1	0.60mi
482 Outer Dr Unit NA Ellenton, FL	3.0	2.0	1400	$1,600	$1.14	4d	1	0.61mi
4212 Long Lake Way Ellenton, FL	2.0	2.0	1000	$1,900	$1.90	25d	1	0.61mi
7711 Desoto Dr Ellenton, FL	2.0	2.5	1356	$1,599	$1.18	16d	1	0.76mi
3931 Day Bridge Pl Ellenton, FL	3.0	2.0	1250	$2,295	$1.84	4d	1	1.15mi

HOA detail

• Monthly dues: $213 · $2,556/yr
• Likely covers: watertrashpool

Listing history 31 events

1. 2026-05-06
   status Pending
2. 2026-05-04
   price $95,000
3. 2026-05-02
   price $105,000
4. 2026-04-30
   price $111,111
5. 2026-04-28
   price $116,500
6. 2026-04-21
   price $118,500
7. 2026-04-17
   price $119,000
8. 2026-04-12
   price $119,999
9. 2026-04-04
   price $99,555
10. 2026-04-01
    price $99,999
11. 2026-03-21
    price $103,999
12. 2026-03-13
    price $106,999
13. 2026-03-10
    price $107,999
14. 2026-03-09
    price $108,999
15. 2026-03-03
    price $110,000
16. 2026-02-26
    price $114,900
17. 2026-02-23
    price $117,900
18. 2026-02-21
    price $118,900
19. 2026-02-17
    price $119,900
20. 2026-02-11
    price $125,000
21. 2026-02-09
    price $130,000
22. 2026-02-09
    listed $137,500 Active
23. 2026-02-04
    historical
24. 2026-02-03
    price $137,500
25. 2026-01-23
    price $139,000
26. 2026-01-14
    listed $140,000 Active
27. 2022-06-02
    soldstatus $105,000 Closed 976-char remark

    Show marketing remark (976 chars)

    Welcome to Terra Siesta Mobile Home Park. This is a beautiful 55+ resident owned co-op community. There is no lot rent and HOA fees are only $169/month which include trash pickup and water. This is a roomy home being sold "as is" but has a lot of potential with some TLC. Enjoy resort living with 2 community pools, tennis courts, basketball, bocci ball, pickle ball and up to 40 planned activities. This unfurnished home has 2 bedrooms, 1.5 bathrooms, a screened in lanai in the front of the house, a storage shed and a screened in porch for your enjoyment. Laundry room is conveniently located inside the home. Terra Siesta Mobile Home Park is ideally located for shopping and only a short drive to one of the area's beautiful beaches. Come see what this home and community has to offer. You won't be disappointed. Large screen TV, TV Stand, Freezer and Washer/Dryer convey with sale of house. Room measurements are approximate and should be verified by the buyer.

28. 2022-05-01
    status Pending 976-char remark

    Show marketing remark (976 chars)

    Welcome to Terra Siesta Mobile Home Park. This is a beautiful 55+ resident owned co-op community. There is no lot rent and HOA fees are only $169/month which include trash pickup and water. This is a roomy home being sold "as is" but has a lot of potential with some TLC. Enjoy resort living with 2 community pools, tennis courts, basketball, bocci ball, pickle ball and up to 40 planned activities. This unfurnished home has 2 bedrooms, 1.5 bathrooms, a screened in lanai in the front of the house, a storage shed and a screened in porch for your enjoyment. Laundry room is conveniently located inside the home. Terra Siesta Mobile Home Park is ideally located for shopping and only a short drive to one of the area's beautiful beaches. Come see what this home and community has to offer. You won't be disappointed. Large screen TV, TV Stand, Freezer and Washer/Dryer convey with sale of house. Room measurements are approximate and should be verified by the buyer.

29. 2022-04-12
    listed $110,000 Active 976-char remark

    Show marketing remark (976 chars)

    Welcome to Terra Siesta Mobile Home Park. This is a beautiful 55+ resident owned co-op community. There is no lot rent and HOA fees are only $169/month which include trash pickup and water. This is a roomy home being sold "as is" but has a lot of potential with some TLC. Enjoy resort living with 2 community pools, tennis courts, basketball, bocci ball, pickle ball and up to 40 planned activities. This unfurnished home has 2 bedrooms, 1.5 bathrooms, a screened in lanai in the front of the house, a storage shed and a screened in porch for your enjoyment. Laundry room is conveniently located inside the home. Terra Siesta Mobile Home Park is ideally located for shopping and only a short drive to one of the area's beautiful beaches. Come see what this home and community has to offer. You won't be disappointed. Large screen TV, TV Stand, Freezer and Washer/Dryer convey with sale of house. Room measurements are approximate and should be verified by the buyer.

30. 1999-08-05
    soldstatus $42,000
31. 1991-12-10
    soldstatus $18,000

ⓘ 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: $709 · $59/mo
• Projected year-2 tax: $788 · $66/mo
• Expected delta: +$80/yr (+$7/mo · 11.2%)

ⓘ 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 ≥107°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,040
• − Mortgage interest: −$5,321
• − Property taxes: −$709
• − Insurance: −$475
• − Repairs & maintenance: −$1,843
• − Management: −$1,843
• − HOA: −$2,556
• − Depreciation: −$2,764
• Taxable income: $7,528
• Est. tax owed @ 24.0%: −$1,807
• After-tax cash flow: $6,676/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): 14,819
• Household income: $64,355
• Rent vs Own: 21.9% rent · 78.1% own
• Severe rent burden: 313.0

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 (70%)
• Race & ethnicity: White 70% Hispanic / Latino 17% Two or more races 13% Black 7% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 2%
• Common ancestry: Romanian 3% Slovak 2% Lithuanian 2%
• Foreign-born: 8% · Canada, Jamaica, Vietnam
• Languages at home: 88% English-only · Spanish 10% Other Indo-European 1% Vietnamese 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: ▼ -107.75%
• Current HPI: 293.2597
• Rent YoY: —
• 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

+427.8% since first listed

31 events — show timeline

• 2026-05-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-04 Price Changed $95,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-02 Price Changed $105,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-30 Price Changed $111,111 Stellar MLS as Distributed by MLS Grid
• 2026-04-28 Price Changed $116,500 Stellar MLS as Distributed by MLS Grid
• 2026-04-21 Price Changed $118,500 Stellar MLS as Distributed by MLS Grid
• 2026-04-17 Price Changed $119,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-12 Price Changed $119,999 Stellar MLS as Distributed by MLS Grid
• 2026-04-04 Price Changed $99,555 Stellar MLS as Distributed by MLS Grid
• 2026-04-01 Price Changed $99,999 Stellar MLS as Distributed by MLS Grid
• 2026-03-21 Price Changed $103,999 Stellar MLS as Distributed by MLS Grid
• 2026-03-13 Price Changed $106,999 Stellar MLS as Distributed by MLS Grid
• 2026-03-10 Price Changed $107,999 Stellar MLS as Distributed by MLS Grid
• 2026-03-09 Price Changed $108,999 Stellar MLS as Distributed by MLS Grid
• 2026-03-03 Price Changed $110,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-26 Price Changed $114,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-23 Price Changed $117,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-21 Price Changed $118,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-17 Price Changed $119,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-11 Price Changed $125,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-09 Price Changed $130,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-09 Listed $137,500 Stellar MLS as Distributed by MLS Grid
• 2026-02-04 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-03 Price Changed $137,500 Stellar MLS as Distributed by MLS Grid
• 2026-01-23 Price Changed $139,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-14 Listed $140,000 Stellar MLS as Distributed by MLS Grid
• 2022-06-02 Sold (MLS) $105,000 Stellar MLS as Distributed by MLS Grid
• 2022-05-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-04-12 Listed $110,000 Stellar MLS as Distributed by MLS Grid
• 1999-08-05 Sold (Public Records) $42,000 Public Records
• 1991-12-10 Sold (Public Records) $18,000 Public Records

Property tax history

+4.9%/yr

Latest (2025): $709 · +6.2% YoY. Source: county tax records.