1 Meadow Cir · Bradenton, FL 34222

$219,900

2 bd · 2.0 ba · 1,375 sqft · Manufactured public records · 56 Days on market

Built 2015 5,881 sqft lot Est $234k · 6% under $208/mo HOA · 10% of rent

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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 +13.8/30.0
• ARV discount +10.2/15.0
• Schools +4.4/10.0
• 1% rule +4.3/10.0
• DSCR +4.2/10.0
• 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

A lovely 2/2 residence in landowned Ridgewood Meadows. A unique floor plan gives it a spacious appearance. Very nice Florida Room and inside laundry room. Aconvienent front entrance goes right into the living room. A short walk to the bank, post office andshopping center. Being sold AS - IS. PRICE REDUCED $10,000.00

Key facts

• Gated community
• Dedicated workshop
• Extended driveway

Tags

• CORNER LOT
• GATED COMMUNITY
• LAND OWNED
• EXTENDED DRIVEWAY
• EXPANSIVE COVERED CARPORT
• DEDICATED WORKSHOP

Property features AI

Finance

• Other: Lease restrictions apply
• Financial info: Quarterly condo/association fees apply; Total monthly fees and annual fees disclosed for multi-family/association
• HOA & community: Has HOA with required approval; Quarterly association fee; Monthly HOA contribution shown separately; Association amenities include clubhouse, gated access, maintenance, pool, recreation facilities, security, shuffleboard, tennis courts; vehicle restrictions; Community features include association-owned recreation, clubhouse, deed restrictions, golf carts allowed, pool, tennis courts, wheelchair access, buyer approval required, special community restrictions; Senior community; Pets allowed (max ~20 lbs)

Exterior

• Parking: Covered parking; Driveway; Golf cart parking; Ground-level parking; Oversized parking; Parking pad; Tandem parking; 2-car carport
• Security: Gated community
• Utilities: Public water; Public sewer; Cable available and connected; High-speed internet/BB available; Electricity connected; Phone available; Sewer connected; Water connected; Underground utilities
• Home design: Manufactured home (double wide); Single-story (one level); Facing northeast; Completed condition; Pond view
• Construction: Vinyl siding and frame construction; Shingle roof; Crawlspace foundation; Built as double wide
• Exterior features: Covered, enclosed side porch; Awnings; Rain gutters; Sliding doors; Exterior storage; Tennis courts; Storage (other structures); Mature landscaping with trees

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Ceramic tile; Tile; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Crown molding; Eat-in kitchen; High ceilings; Open floorplan; Solid wood cabinets; Thermostat; Window treatments; Blinds
• Laundry & utility: Inside laundry room; Washer; Dryer; Electric water heater; Inside utility

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $220k.

Deal economics

• At list price, monthly cash flow is $19 ($228/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $205k (6.6% below list).
• Recommended offer: $205k (6.6% below list) — sets the bar for 1% rule.
• Cap rate 6.4% 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: Blackburn Elementary School (math 62% / reading 42%, grade C-, #990 of 2,144 statewide, top 48%, 551 students, 78% FRL); Palmetto High School (math 22% / reading 36%, grade F, #456 of 667 statewide, top 68%, 2,100 students, 61% FRL) — zoned schools average 70% FRL vs 51% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 182 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $2k of loan paydown is wiped out by about $7k 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 56 days — a 3% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 22y ago; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $80k; list at $220k implies a 175% 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 7→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $205,385 (6.6% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 7% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 0.93% ✗
• Cap rate: 6.40%
• Cash-on-cash: 0.37%
• DSCR: 1.02
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $233,750
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
77 Spoonbill Ln	0.13mi	2/2.0	1,352 (-2%)	2mo	$140,000	$104	89
51 Partridge Ave	0.13mi	2/2.0	1,318 (-4%)	1mo	$233,000	$177	86
99 Meadow Cir	0.26mi	2/2.0	1,404 (+2%)	4mo	$120,000	$85	82
137 Osprey Cir	0.29mi	2/2.0	1,352 (-2%)	3mo	$190,000	$141	81
158 Nightingale Cir	0.28mi	2/2.0	1,287 (-6%)	2mo	$185,000	$144	75
3449 71st Ave E	0.64mi	2/2.0	1,404 (+2%)	1mo	$268,000	$191	66
20 Wood Owl Ave	0.17mi	2/2.0	1,176 (-14%)	4mo	$200,000	$170	65
3607 70th Ave E	0.69mi	2/2.0	1,434 (+4%)	2mo	$275,000	$192	58
3432 71st Ave E	0.62mi	2/2.0	1,296 (-6%)	4mo	$230,000	$177	58
3522 70th Ave E	0.64mi	2/2.0	1,266 (-8%)	4mo	$245,000	$194	54
3445 71st Ave E	0.64mi	2/2.0	1,485 (+8%)	4mo	$240,000	$162	54
3108 Terra Siesta Blvd	0.70mi	2/2.0	1,248 (-9%)	0mo	$125,000	$100	52

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: -15.7%
• Equity multiple: 0.44×
• Total profit: $-34,343
• Equity at exit: $32,788

10-year hold

• IRR: -7.1%
• Equity multiple: 0.55×
• Total profit: $-28,015
• Equity at exit: $19,013

Cash invested: $61,572 (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: 8.9×

Monthly cashflow live

• Estimated rent: $2,054 high
• Mortgage (P&I): −$1,153
• Tax from tax record: −$151 /mo · $1,809/yr
• Insurance: −$92
• HOA: −$208
• Vacancy / Maint / Mgmt: −$431
• Net cashflow: $19

Break-even live

Break-even rent $2,030

Max offer price $219,900

Occupancy floor 94%

Sensitivity live

Price	-10% $143	-5% $81	+0% $19	+5% $-43	+10% $-106
Rent	-10% $-143	-5% $-62	+0% $19	+5% $100	+10% $181
Rate	-1.0pp $130	-0.5pp $75	base $19	+0.5pp $-38	+1.0pp $-96

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: $54,975
• Closing costs: $6,597
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2710 59th Dr E Ellenton, FL	1.0–3.0	1.0–2.0	1149	$2,234	$1.94	3d	37	0.57mi
5942 Factory Shops Blvd Ellenton, FL	1.0–3.0	1.0–2.0	953	$2,362	$2.48	2d	67	0.58mi
3119 61st Dr E Ellenton, FL	3.0	2.0	1662	$2,550	$1.53	4d	1	0.61mi
482 Outer Dr Unit NA Ellenton, FL	3.0	2.0	1400	$1,600	$1.14	4d	1	0.68mi
2711 80th Ave E Ellenton, FL	3.0	2.0	1000	$1,836	$1.84	4d	1	0.75mi
3931 Day Bridge Pl Ellenton, FL	3.0	2.0	1250	$2,295	$1.84	4d	1	0.89mi
3808 Sunset Dr Ellenton, FL	3.0	2.0	1441	$1,699	$1.18	22d	1	0.96mi
7711 Desoto Dr Ellenton, FL	2.0	2.5	1356	$1,599	$1.18	15d	1	1.01mi
8314 Nancy Ln Ellenton, FL	2.0	2.0	1404	$1,895	$1.35	24d	1	1.14mi
4180 Yardly Dr Palmetto, FL	1.0–3.0	1.0–2.0	1021	$2,498	$2.45	4d	15	1.25mi
1143 Riverscape St Unit A Bradenton, FL	3.0	2.0	1748	$6,500	$3.72	15d	1	1.26mi
3908 Lemonwood Dr N Ellenton, FL	2.0	2.0	1400	$1,750	$1.25	24d	1	1.29mi
4212 Long Lake Way Ellenton, FL	2.0	2.0	1000	$1,900	$1.90	24d	1	1.32mi

HOA detail

• Monthly dues: $208 · $2,496/yr

Listing history 23 events

1. 2026-06-13
   statusdays on market $219,900 Pending 56 DOM
2. 2026-06-10
   days on market $219,900 Active 55 DOM
3. 2026-06-09
   days on market $219,900 Active 54 DOM
4. 2026-06-08
   days on market $219,900 Active 53 DOM
5. 2026-06-08
   pricedays on market $219,900 Active 52 DOM
6. 2026-06-03
   days on market $229,900 Active 48 DOM
7. 2026-06-02
   days on market $229,900 Active 47 DOM
8. 2026-06-01
   days on market $229,900 Active 46 DOM
9. 2026-05-31
   days on market $229,900 Active 45 DOM
10. 2026-05-07
    price $229,900
11. 2026-04-16
    listed $239,900 Active
12. 2026-03-24
    historical
13. 2026-03-20
    price $249,900
14. 2026-01-28
    price $259,000
15. 2025-11-17
    price $269,900
16. 2025-11-07
    listed $294,900 Active
17. 2005-07-01
    soldstatus $79,900
18. 2005-06-06
    soldstatus $85,000 317-char remark

    Show marketing remark (317 chars)

    A lovely 2/2 residence in landowned Ridgewood Meadows. A unique floor plan gives it a spacious appearance. Very nice Florida Room and inside laundry room. Aconvienent front entrance goes right into the living room. A short walk to the bank, post office andshopping center. Being sold AS - IS. PRICE REDUCED $10,000.00

19. 2005-03-11
    listed $89,500 317-char remark

    Show marketing remark (317 chars)

    A lovely 2/2 residence in landowned Ridgewood Meadows. A unique floor plan gives it a spacious appearance. Very nice Florida Room and inside laundry room. Aconvienent front entrance goes right into the living room. A short walk to the bank, post office andshopping center. Being sold AS - IS. PRICE REDUCED $10,000.00

20. 2004-08-01
    listed $93,500
21. 2000-02-22
    soldstatus $46,500
22. 1986-03-01
    soldstatus $58,600
23. 1985-07-01
    soldstatus $1,000,000

ⓘ 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: $1,809 · $151/mo
• Projected year-2 tax: $1,825 · $152/mo
• Expected delta: +$16/yr (+$1/mo · 0.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 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: $24,646
• − Mortgage interest: −$12,318
• − Property taxes: −$1,809
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,972
• − Management: −$1,972
• − HOA: −$2,496
• − Depreciation: −$6,397
• Taxable loss: −$3,417
• Est. tax savings @ 24.0%: +$820
• After-tax cash flow: $1,048/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: 14,819
• 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

-77.0% since first listed

14 events — show timeline

• 2026-05-07 Price Changed $229,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-16 Listed $239,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-24 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-03-20 Price Changed $249,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-28 Price Changed $259,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-17 Price Changed $269,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-07 Listed $294,900 Stellar MLS as Distributed by MLS Grid
• 2005-07-01 Sold (Public Records) $79,900 Public Records
• 2005-06-06 Sold (MLS) $85,000 Stellar MLS as Distributed by MLS Grid
• 2005-03-11 Listed $89,500 Stellar MLS as Distributed by MLS Grid
• 2004-08-01 Listed $93,500 Stellar MLS as Distributed by MLS Grid
• 2000-02-22 Sold (Public Records) $46,500 Public Records
• 1986-03-01 Sold (Public Records) $58,600 Public Records
• 1985-07-01 Sold (Public Records) $1,000,000 Public Records

Property tax history

+9.7%/yr

Latest (2025): $1,809 · +6.7% YoY. Source: county tax records.