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1416 19th Ave W Duplex
F Composite 31.03
Why this score? — see what drove the F 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 +11.8/30.0
  • Schools +4.4/10.0
  • Livability +4.0/5.0
  • DSCR +3.5/10.0
  • 1% rule +2.8/10.0
  • Condition / age +2.5/5.0
  • Rent growth +1.9/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$334,595

1416 19th Ave W · Bradenton, FL 34205
2 bd · 2.0 ba · 1,147 sqft · MultiFamily public records · 267 Days on market
Built 1947 5,898 sqft lot Est $256k · 31% over

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

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Amazing investment opportunity! This concrete block duplex has great rental potential. Each side offers 1 bedroom and 1 bathroom and a shared laundry area. Market rent averages between $800-$900. Great additional to any investment portfolio. Schedule your preview today!

Key facts

  • Fenced yard
  • Near bus line
  • New a/c

Tags

REMODELED BATHROOMSNEW ROOFNEW A/CFENCED YARDNEAR GROCERY STORESNEAR BUS LINE

Property features AI

Finance

  • Other: Property classified as Residential Income (Duplex)
  • Financial info: Annual net income reported at $34,200; Pro forma rents: approximately $1,750 for the 2-bedroom unit and $1,250 for the studio
  • HOA & community: No HOA; Street lights in the community

Exterior

  • Utilities: Public water; Public sewer; Electricity connected; Cable available; High-speed/BB Internet available; Phone available; Underground utilities; Sewer connected; Water connected
  • Home design: Residential income property (duplex); Single building containing two units; Zoned R2B; Lot size about 0.14 acres
  • Construction: Stucco construction; Shingle roof; Slab foundation; Built on one building
  • Exterior features: Fenced lot; Asphalt road frontage; Lot dimensions approximately 50 x 118

Interior

  • Kitchen: No specific kitchen appliance details provided
  • Bedrooms: Two bedrooms (unit types include one 2-bedroom unit and one studio unit)
  • Bathrooms: Two bathrooms total (each unit has one bathroom)
  • Heating & cooling: Central heating; Central air; Wall/window air conditioning units
  • Interior features: Ceiling fans; Thermostat
  • Laundry & utility: Common area laundry with washer and electric dryer hookups; Inside laundry access

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 1×2bd/1.0ba + 1×1bd/1.0ba units multifamily listed at $335k.

Deal economics

  • At list price, monthly cash flow is $-90 ($-1k/yr) — negative. Per door: $-45/mo.
  • To cash-flow at today's rent, offer at most $319k (4.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $262k (21.8% below list).
  • Recommended offer: $262k (21.8% below list) — sets the bar for 1% rule.
  • Cap rate 6.0% 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: Ballard Elementary School (math 47% / reading 32%, grade F, #1,513 of 2,144 statewide, top 73%, 400 students, 82% FRL); Southeast High School (math 25% / reading 34%, grade F, #447 of 667 statewide, top 68%, 1,716 students, 66% FRL) — zoned schools average 74% FRL vs 51% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 34% at this address vs 52% district-wide (-18 pts) — the specific schools serving this property underperform the Manatee average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents soft (-2.4%/yr); 319 active listings in the ZIP; 40 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).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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 267 days — a 12% lower offer ($294k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 6y ago; this cycle's ask has dropped $54k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $144k; list at $335k implies a 132% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
  • 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 $261,700 (21.8% below list)

Questions for the listing agent

  1. 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?
  2. It's been on market 267 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
  3. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  4. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  5. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. 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?
  9. 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?
  10. 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.
  11. 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.
  12. 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
0.78%
Cap rate
5.97%
Cash-on-cash
-1.15%
DSCR
0.95
GRM
10.7

CMA / ARV

ARV (on-the-fly)
$255,781
Comps found
4
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2005 12th St W 0.19mi 3/2.0 (+1) 1,175 (+2%) 3mo $232,000 $197 80
1701 13th St W 0.18mi 3/2.0 (+1) 1,180 (+3%) 3mo $263,000 $223 79
2321 15th Ave W 0.63mi 3/2.0 (+1) 1,196 (+4%) 3mo $265,000 $222 56
1419 18th St W 0.32mi 3/3.0 (+1) 1,260 (+10%) 19mo $400,000 $317 44

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
-21.4%
Equity multiple
0.28×
Total profit
$-67,660
Equity at exit
$49,889
10-year hold
IRR
-23.4%
Equity multiple
-0.03×
Total profit
$-96,144
Equity at exit
$28,930

Cash invested: $93,687 (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 34205

Rents YoY
-2.4%
Active inventory
319
Price-to-rent
20.4×

Monthly cashflow live

Estimated rent
$2,617 high interval (Pro) →
Mortgage (P&I)
$1,755
Tax from tax record
$263 /mo · $3,157/yr
Insurance
$139
HOA
$0
Vacancy / Maint / Mgmt
$550
Net cashflow
$-90

Break-even live

Break-even rent $2,731
Max offer price $318,740
Occupancy floor 98%

Sensitivity live

Price -10% $100 -5% $5 +0% $-90 +5% $-184 +10% $-279
Rent -10% $-296 -5% $-193 +0% $-90 +5% $14 +10% $117
Rate -1.0pp $79 -0.5pp $-5 base $-90 +0.5pp $-176 +1.0pp $-265

2-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
1× unit 2 1 $1,365
1× unit 1 1 $1,251
Total (2 units) $2,617

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
$83,649
Closing costs
$10,038
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1418 18th Avenue Dr W Unit 1418 Bradenton, FL 3.0 2.0 1000 $1,900 $1.90 24d 1 0.04mi
1505 18th Avenue Dr W Bradenton, FL 3.0 1.0 886 $1,875 $2.12 17d 1 0.06mi
1319 18th Ave W Bradenton, FL 3.0 2.0 1185 $1,795 $1.51 24d 1 0.07mi
1515 15th St W Bradenton, FL 1.0 1.0 900 $1,300 $1.44 24d 1 0.16mi
1701 13th St W Apt A Bradenton, FL 2.0 1.0 850 $1,395 $1.64 4d 1 0.17mi
2017 12th St W Bradenton, FL 1.0 1.0 720 $1,300 $1.81 24d 1 0.21mi
2127 13th St W Unit B Bradenton, FL 1.0 1.0 700 $1,149 $1.64 24d 1 0.23mi
1501 13th St W Bradenton, FL 1.0 1.0 1050 $1,199 $1.14 24d 1 0.25mi
1402 13th St W Apt 1406 Bradenton, FL 1.0 1.0 629 $1,577 $2.51 3d 15 0.28mi
2117 11th St W Bradenton, FL 1.0 1.0 850 $1,295 $1.52 24d 1 0.29mi
1912 19th Ave W Unit 1912 Bradenton, FL 2.0 1.0 800 $1,395 $1.74 24d 1 0.30mi
2409 13th St W Apt 2 Bradenton, FL 2.0 1.0 770 $1,175 $1.53 24d 1 0.34mi
1306 17th St W Unit 4 Bradenton, FL 2.0 1.0 1000 $1,100 $1.10 17d 1 0.37mi
2205 20th St W Bradenton, FL 2.0 1.0 810 $1,850 $2.28 12d 1 0.38mi
2244 9th St W Bradenton, FL 1.0–2.0 1.0–2.0 768 $1,323 $1.72 24d 4 0.39mi
2422 11th St W Bradenton, FL 2.0 1.0 900 $1,445 $1.61 24d 1 0.39mi
805 22nd Ave W Bradenton, FL 1.0 1.0 790 $1,200 $1.52 24d 1 0.41mi
702 21st Ave W Unit C Bradenton, FL 2.0 1.0 1000 $1,350 $1.35 4d 1 0.43mi
2001 25th Ave W Bradenton, FL 3.0 2.0 1370 $3,000 $2.19 21d 1 0.50mi
2321 18th Ave W Bradenton, FL 2.0 2.0 1168 $3,600 $3.08 24d 1 0.57mi
2201 24th Ave W Bradenton, FL 2.0 2.0 1115 $1,950 $1.75 24d 1 0.58mi
2019 5th St W Bradenton, FL 1.0–2.0 1.0–2.0 750 $1,575 $2.10 4d 22 0.61mi
603 27th Ave W Bradenton, FL 2.0 1.0 1365 $1,250 $0.92 24d 1 0.66mi
302 26th Ave W Bradenton, FL 2.0–3.0 2.0 1043 $1,575 $1.51 3d 23 0.73mi
914 23rd St W Unit B Bradenton, FL 1.0 1.0 800 $1,345 $1.68 4d 1 0.81mi
801 6th Ave W Bradenton, FL 2.0 2.0 808 $1,542 $1.91 4d 4 0.81mi
2306 30th Ave W Bradenton, FL 3.0 2.0 945 $1,700 $1.80 24d 1 0.83mi
1613 28th St W Bradenton, FL 2.0 2.0 1200 $1,850 $1.54 24d 1 0.84mi
515 30th Ave W Bradenton, FL 2.0 2.0 1001 $1,375 $1.37 17d 2 0.87mi
2017 6th Ave W Unit 6 Bradenton, FL 1.0 1.0 800 $975 $1.22 12d 1 0.87mi
3506 14th St W Bradenton, FL 3.0 1.0–2.0 874 $1,725 $1.97 24d 5 0.88mi
919 34th Ave W Bradenton, FL 3.0 1.0 950 $1,599 $1.68 12d 1 0.89mi
425 30th Ave W Unit C308 Bradenton, FL 2.0 2.0 924 $1,590 $1.72 24d 1 0.90mi
907 34th Ave W Unit B Bradenton, FL 3.0 1.0 1000 $1,795 $1.79 24d 1 0.90mi
907 34th Ave W Bradenton, FL 3.0 1.0 985 $1,599 $1.62 21d 1 0.90mi
2901 26th St W #807 Bradenton, FL 2.0 2.0 940 $1,525 $1.62 3d 1 0.90mi
505 30th Ave W Unit E406 Bradenton, FL 2.0 2.0 1001 $1,450 $1.45 24d 1 0.90mi
305 30th Ave W Bradenton, FL 1.0–2.0 1.5–2.0 987 $1,400 $1.42 24d 2 0.93mi
305 30th Ave W Unit A207 Bradenton, FL 2.0 2.0 1050 $1,400 $1.33 15d 1 0.93mi
2309 Manatee Ave W Bradenton, FL 2.0 1.0 900 $1,535 $1.71 4d 4 0.98mi

Listing history 24 events

  1. 2026-06-18
    days on market $334,595 Active 267 DOM
  2. 2026-06-17
    days on market $334,595 Active 266 DOM
  3. 2026-06-16
    days on market $334,595 Active 265 DOM
  4. 2026-06-15
    days on market $334,595 Active 264 DOM
  5. 2026-06-13
    days on market $334,595 Active 262 DOM
  6. 2026-06-13
    days on market $334,595 Active 261 DOM
  7. 2026-06-10
    days on market $334,595 Active 259 DOM
  8. 2026-06-09
    days on market $334,595 Active 258 DOM
  9. 2026-06-08
    days on market $334,595 Active 257 DOM
  10. 2026-06-08
    days on market $334,595 Active 256 DOM
  11. 2026-06-03
    days on market $334,595 Active 252 DOM
  12. 2026-06-02
    days on market $334,595 Active 251 DOM
  13. 2026-06-01
    days on market $334,595 Active 250 DOM
  14. 2026-05-31
    days on market $334,595 Active 249 DOM
  15. 2026-05-21
    price $334,595
  16. 2026-03-02
    price $369,550
  17. 2025-09-24
    listed $389,000 Active
  18. 2020-11-04
    soldstatus $144,000
  19. 2020-11-02
    soldstatus $144,000 Sold 270-char remark
    Show marketing remark (270 chars)

    Amazing investment opportunity! This concrete block duplex has great rental potential. Each side offers 1 bedroom and 1 bathroom and a shared laundry area. Market rent averages between $800-$900. Great additional to any investment portfolio. Schedule your preview today!

  20. 2020-08-03
    status Pending 270-char remark
    Show marketing remark (270 chars)

    Amazing investment opportunity! This concrete block duplex has great rental potential. Each side offers 1 bedroom and 1 bathroom and a shared laundry area. Market rent averages between $800-$900. Great additional to any investment portfolio. Schedule your preview today!

  21. 2020-07-30
    listed $135,000 Active 270-char remark
    Show marketing remark (270 chars)

    Amazing investment opportunity! This concrete block duplex has great rental potential. Each side offers 1 bedroom and 1 bathroom and a shared laundry area. Market rent averages between $800-$900. Great additional to any investment portfolio. Schedule your preview today!

  22. 1989-06-01
    soldstatus $41,000
  23. 1987-01-01
    soldstatus $14,500
  24. 1978-06-01
    soldstatus $22,000

ⓘ 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
$3,157 · $263/mo
Projected year-2 tax
$3,157 · $263/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 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 · 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$31,404
− Mortgage interest
−$18,743
− Property taxes
−$3,157
− Insurance
−$1,673
− Repairs & maintenance
−$2,512
− Management
−$2,512
− Depreciation
−$9,734
Taxable loss
−$6,927
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,663
After-tax cash flow
$586/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)
31,946
Household income
$52,525
Rent vs Own
40.3% rent · 59.7% own
Severe rent burden
1736.0

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 18% Black 10% Two or more races 9% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 7% Puerto Rican 4% Cuban 1%
Common ancestry
Hispanic 2% Romanian 2% Lithuanian 2%
Foreign-born
15% · Canada, Vietnam
Languages at home
78% English-only · Spanish 14% French/Haitian/Cajun 2% German/W. Germanic 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
▼ -310.18%
Current HPI
369.8239
Rent YoY
▼ -2.43%
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

+1420.9% since first listed
10 events — show timeline
  • 2026-05-21 Price Changed $334,595 Stellar MLS as Distributed by MLS Grid
  • 2026-03-02 Price Changed $369,550 Stellar MLS as Distributed by MLS Grid
  • 2025-09-24 Listed $389,000 Stellar MLS as Distributed by MLS Grid
  • 2020-11-04 Sold (Public Records) $144,000 Public Records
  • 2020-11-02 Sold (MLS) $144,000 Stellar MLS as Distributed by MLS Grid
  • 2020-08-03 Pending Stellar MLS as Distributed by MLS Grid
  • 2020-07-30 Listed $135,000 Stellar MLS as Distributed by MLS Grid
  • 1989-06-01 Sold (Public Records) $41,000 Public Records
  • 1987-01-01 Sold (Public Records) $14,500 Public Records
  • 1978-06-01 Sold (Public Records) $22,000 Public Records

Property tax history

+6.9%/yr

Latest (2025): $3,157 · -3.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…