1302 22nd St W · Bradenton, FL 34205

$199,000

2 bd · 1.0 ba · 1,298 sqft · SingleFamily public records · 6 Days on market

Built 1930 0.30 ac lot Est $318k · 37% under

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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 +27.9/30.0
• ARV discount +15.0/15.0
• DSCR +9.9/10.0
• 1% rule +6.6/10.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Investor Special! Prime Opportunity in the City of Bradenton Just Minutes to the Beaches. Located at 1302 22nd Street W, this property offers an incredible opportunity to renovate or build new in a charming, classic Bradenton neighborhood surrounded by Old Florida-style homes and mature landscaping. Just a short drive to Anna Maria Island and the beautiful shores of Bradenton Beach, this location puts you close to some of the Gulf Coast’s most sought-after destinations. The existing 2-bedroom, 1-bath home was originally built in 1930 and is in distressed condition, making this a true fixer-upper or tear-down opportunity. A pool is currently on s

Key facts

• 0.3 acre lot
• Parking
• Pool

Property features AI

Finance

• Other: Zoned R1C; Lot size approximately 0.3 acre (about 96 x 136); Number of septics: 1
• Financial info: No lease restrictions reported
• HOA & community: No HOA/association reported

Exterior

• Parking: Has a 1-space carport
• Utilities: Public water; Septic tank; Cable available; Electricity available
• Home design: Single-family residence; Fixer condition; One story; Faces east; Entry level: One
• Construction: Frame construction with wood siding; Shingle roof; Stem wall foundation; Built area and living area reported in public records
• Exterior features: Private gunite pool; Shed(s) and storage structures; Located within city limits; Oversized lot; Sidewalks; Paved road access

Interior

• Kitchen: No appliances reported
• Bedrooms: 2 bedrooms
• Flooring: Wood flooring; Other flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: No heating reported; No cooling reported
• Interior features: No notable interior features reported
• Laundry & utility: No laundry features reported

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $611 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $199k).
• Cap rate 10.0% 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.
• 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 24d on market — plan ~3-4 weeks tenant-placement turnaround); 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• At $2,303/mo this rent would consume 53% of the median local household income ($53k/yr) (locally 1736% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $78k; list at $199k implies a 155% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• 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 $199,000

Questions for the listing agent

1. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.16% ✓
• Cap rate: 9.98%
• Cash-on-cash: 13.16%
• DSCR: 1.59
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $318,010
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1302 22nd St W	0.00mi	2/1.0	1,298 (0%)	1mo	$205,000	$158	99
2017 17th Ave W	0.27mi	3/2.0 (+1)	1,264 (-3%)	2mo	$334,750	$265	72
814 26th St W	0.39mi	2/1.0	1,396 (+8%)	0mo	$240,000	$172	69
1423 18th St W	0.30mi	2/1.0	1,158 (-11%)	1mo	$170,000	$147	67
2502 15th Ave W	0.18mi	3/2.0 (+1)	1,429 (+10%)	2mo	$455,000	$318	64
2213 19th Ave W	0.38mi	2/2.0	1,426 (+10%)	2mo	$349,000	$245	61
2330 7th Ave W	0.42mi	2/1.0	1,122 (-14%)	0mo	$310,000	$276	58
2713 11th Ave W	0.35mi	3/2.0 (+1)	1,134 (-13%)	0mo	$320,000	$282	54
1406 28th St W	0.38mi	3/1.0 (+1)	1,114 (-14%)	2mo	$315,000	$283	52
1543 8th Ave W	0.51mi	3/1.5 (+1)	1,172 (-10%)	2mo	$258,000	$220	51
2405 21st Ave W	0.52mi	3/2.0 (+1)	1,452 (+12%)	2mo	$237,000	$163	45
710 31st St W	0.67mi	3/2.0 (+1)	1,437 (+11%)	0mo	$350,000	$244	42

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: -0.1%
• Equity multiple: 1.00×
• Total profit: $-145
• Equity at exit: $29,672

10-year hold

• IRR: 6.5%
• Equity multiple: 1.42×
• Total profit: $23,628
• Equity at exit: $17,206

Cash invested: $55,720 (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 34205

• Rents YoY: -2.4%
• Active inventory: 319
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $2,303 high
• Mortgage (P&I): −$1,044
• Tax from tax record: −$82 /mo · $984/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$484
• Net cashflow: $611

Break-even live

Break-even rent $1,530

Max offer price $199,000

Occupancy floor 68%

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1214 21st St W Bradenton, FL	3.0	3.0	1841	$4,300	$2.34	24d	1	0.08mi
1108 24th St W Bradenton, FL	1.0	2.0	1670	$793	$0.47	24d	1	0.16mi
2321 18th Ave W Bradenton, FL	2.0	2.0	1168	$3,600	$3.08	24d	1	0.32mi
1306 17th St W Unit 4 Bradenton, FL	2.0	1.0	1000	$1,100	$1.10	16d	1	0.33mi
1613 28th St W Bradenton, FL	2.0	2.0	1200	$1,850	$1.54	24d	1	0.39mi
2004 20th Ave W Bradenton, FL	3.0	2.0	1650	$2,395	$1.45	24d	1	0.43mi
617 26th St W Bradenton, FL	2.0	2.0	1127	$3,000	$2.66	20d	1	0.47mi
520 22nd St W Unit 1071597P Bradenton, FL	3.0	2.0	1582	$4,235	$2.68	2d	1	0.48mi
1623 8th Ave W Bradenton, FL	3.0	2.0	1650	$3,500	$2.12	2d	1	0.49mi
2309 Manatee Ave W Bradenton, FL	2.0	1.0	900	$1,535	$1.71	3d	4	0.50mi
602 26th St W Unit A Bradenton, FL	1.0	1.0	1200	$850	$0.71	24d	1	0.51mi
602 26th St W Unit A Bradenton, FL	2.0	1.0	1200	$1,250	$1.04	3d	1	0.51mi
1515 15th St W Bradenton, FL	1.0	1.0	900	$1,300	$1.44	24d	1	0.52mi
1505 18th Avenue Dr W Bradenton, FL	3.0	1.0	886	$1,875	$2.12	16d	1	0.55mi
1503 32nd St W Bradenton, FL	3.0	2.0	1148	$2,400	$2.09	24d	1	0.60mi
1418 18th Avenue Dr W Unit 1418 Bradenton, FL	3.0	2.0	1000	$1,900	$1.90	24d	1	0.61mi
1501 13th St W Bradenton, FL	1.0	1.0	1050	$1,199	$1.14	24d	1	0.64mi
1319 18th Ave W Bradenton, FL	3.0	2.0	1185	$1,795	$1.51	24d	1	0.65mi
2201 24th Ave W Bradenton, FL	2.0	2.0	1115	$1,950	$1.75	24d	1	0.67mi
2001 25th Ave W Bradenton, FL	3.0	2.0	1370	$3,000	$2.19	20d	1	0.74mi
3109 22nd Ave W Bradenton, FL	3.0	2.0	1509	$2,541	$1.68	12d	1	0.81mi
1650 1st Ave W Unit 507B Bradenton, FL	2.0	2.0	1269	$2,300	$1.81	24d	1	0.89mi
1408 37th Street Ct W Bradenton, FL	3.0	2.0	1188	$2,500	$2.10	3d	1	0.90mi
1400 1st Ave W #504 Bradenton, FL	2.0	2.0	1280	$2,295	$1.79	24d	1	0.91mi
1600 1st Ave W Unit 206A Bradenton, FL	2.0	2.0	1221	$2,000	$1.64	15d	1	0.92mi
2901 26th St W #807 Bradenton, FL	2.0	2.0	940	$1,525	$1.62	3d	1	0.94mi
3807 16th Ave W Bradenton, FL	3.0	2.0	1491	$2,100	$1.41	24d	1	0.96mi
2422 11th St W Bradenton, FL	2.0	1.0	900	$1,445	$1.61	24d	1	0.96mi
2916 24th St W Bradenton, FL	3.0	2.0	1764	$1,800	$1.02	24d	1	0.97mi
2306 30th Ave W Bradenton, FL	3.0	2.0	945	$1,700	$1.80	24d	1	0.98mi
2244 9th St W Bradenton, FL	1.0–2.0	1.0–2.0	768	$1,323	$1.72	24d	4	0.98mi
3805 7th Ave W Bradenton, FL	3.0	1.0	1000	$2,200	$2.20	24d	1	1.01mi
702 21st Ave W Unit C Bradenton, FL	2.0	1.0	1000	$1,350	$1.35	3d	1	1.02mi
808 3rd Ave W #509 Bradenton, FL	2.0	2.0	1575	$2,900	$1.84	24d	1	1.12mi
3603 Oxford Dr W Bradenton, FL	2.0	2.0	1400	$2,400	$1.71	24d	1	1.18mi
606 3rd Ave W Bradenton, FL	1.0–3.0	1.0–2.0	1090	$1,768	$1.62	2d	23	1.22mi
603 27th Ave W Bradenton, FL	2.0	1.0	1365	$1,250	$0.92	24d	1	1.25mi
3506 14th St W Bradenton, FL	3.0	1.0–2.0	874	$1,725	$1.97	24d	5	1.29mi
3806 Southern Pkwy W Bradenton, FL	3.0	2.0	1296	$2,176	$1.68	12d	1	1.29mi
302 26th Ave W Bradenton, FL	2.0–3.0	2.0	1043	$1,575	$1.51	2d	23	1.33mi

Listing history 3 events

1. 2026-05-14
   status Pending
2. 2026-05-08
   listed $199,000 Active
3. 1997-04-28
   soldstatus $78,000

ⓘ 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: $984 · $82/mo
• Projected year-2 tax: $1,652 · $138/mo
• Expected delta: +$667/yr (+$56/mo · 67.8%)

ⓘ 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 · 30 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: $27,639
• − Mortgage interest: −$11,147
• − Property taxes: −$984
• − Insurance: −$995
• − Repairs & maintenance: −$2,211
• − Management: −$2,211
• − Depreciation: −$5,789
• Taxable income: $4,302
• Est. tax owed @ 24.0%: −$1,032
• After-tax cash flow: $6,301/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
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+155.1% since first listed

3 events — show timeline

• 2026-05-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-08 Listed $199,000 Stellar MLS as Distributed by MLS Grid
• 1997-04-28 Sold (Public Records) $78,000 Public Records

Property tax history

+0.8%/yr

Latest (2025): $984 · +4.3% YoY. Source: county tax records.