406 49th St · West Bradenton, FL 34209

$250,000

3 bd · 2.0 ba · 2,228 sqft · SingleFamily public records · 9 Days on market

Built 1972 0.34 ac lot

---

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 +29.6/30.0
• DSCR +10.0/10.0
• 1% rule +7.6/10.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunity awaits at 406 49th St NW in Bradenton! This property is being sold for land value and is a tear-down—perfect for investors, builders, or anyone looking to design and build their dream home in a prime location. Situated in a highly desirable area, you’re just minutes from the Manatee River, Robinson Preserve, Palma Sola Botanical Gardens, and DeSoto National Memorial, along with a nearby public boat ramp for easy water access. Spend your days kayaking, exploring nature trails, or enjoying the vibrant coastal lifestyle. Plus, the sugar sand beaches of Anna Maria Island are only a short 10–15-minute drive away, offering some of the best beach days Florida has to offer.

Key facts

• Sugar sand beaches
• Public boat ramp
• Prime location

Tags

• PRIME LOCATION
• PUBLIC BOAT RAMP
• WATER ACCESS
• NATURE TRAILS
• SUGAR SAND BEACHES

Property features AI

Finance

• Other: Property type: Single Family Residence; Universal property ID available
• Financial info: No additional financial details provided
• HOA & community: No HOA/association

Exterior

• Parking: No parking information provided
• Security: No security features specified
• Utilities: Public water; Public sewer; Other utilities
• Home design: Single-family residence; Residential property; One story; Faces northeast; Zoned RSF-4.5
• Construction: Frame construction; Shingle roof; Slab foundation; Built area approximately 2,228 sq ft living (2,648 sq ft total building area)
• Exterior features: Asphalt road access; Approximately 0.34-acre lot (quarter to less than half acre)

Interior

• Kitchen: No appliances specified
• Bedrooms: 3 bedrooms
• Flooring: Other flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: No interior features specified
• Laundry & utility: No laundry facilities

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $905 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Cap rate 10.6% vs local median 3.4% in West 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 72/100 on livability (#335 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, employment A-; Watch: amenities F, commute 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: Jessie P. Miller Elementary School (math 61% / reading 53%, grade C+, #781 of 2,144 statewide, top 38%, 614 students, 66% FRL); Manatee High School (math 32% / reading 47%, grade F, #304 of 667 statewide, top 47%, 1,983 students, 59% FRL).
• Market conditions: Rents soft (-0.3%/yr); 510 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• At $3,139/mo this rent would consume 46% of the median local household income ($82k/yr) (locally 1126% 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 $2k of loan paydown is wiped out by about $8k 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 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $250,000

Questions for the listing agent

1. Built in 1972 — 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.26% ✓
• Cap rate: 10.64%
• Cash-on-cash: 15.52%
• DSCR: 1.69
• GRM: 6.6

CMA / ARV

• ARV (on-the-fly): $545,860
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
406 49th St	0.00mi	3/2.0	2,228 (0%)	1mo	$215,000	$96	99
4907 4th Avenue Cir NW	0.02mi	3/2.0	2,099 (-6%)	8mo	$445,000	$212	82
425 46th St NW	0.22mi	4/2.0 (+1)	2,116 (-5%)	8mo	$608,000	$287	69
217 46th St W	0.38mi	4/2.0 (+1)	2,209 (-1%)	12mo	$425,000	$192	66
5318 7th Ave Dr. West	0.65mi	3/2.0	2,187 (-2%)	6mo	$535,000	$245	61
211 55th St NW	0.34mi	3/2.0	1,993 (-10%)	11mo	$339,500	$170	58
724 Hillcrest Dr	0.56mi	3/3.0	2,326 (+4%)	6mo	$740,000	$318	57
5403 2nd Ave W	0.43mi	3/3.0	2,087 (-6%)	10mo	$455,000	$218	57
543 Hillcrest Dr	0.27mi	4/3.0 (+1)	2,372 (+6%)	12mo	$1,185,000	$500	57
5404 4th Avenue Dr NW	0.26mi	3/2.0	2,544 (+14%)	9mo	$785,000	$309	57
5819 2nd Avenue Dr NW	0.62mi	4/2.0 (+1)	2,369 (+6%)	11mo	$505,000	$213	46
4003 3rd Ave NW	0.52mi	3/2.0	1,944 (-13%)	13mo	$515,000	$265	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: 3.0%
• Equity multiple: 1.11×
• Total profit: $7,904
• Equity at exit: $37,276

10-year hold

• IRR: 9.7%
• Equity multiple: 1.65×
• Total profit: $45,391
• Equity at exit: $21,615

Cash invested: $70,000 (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 34209

• Rents YoY: -0.3%
• Active inventory: 510
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $3,139 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$159 /mo · $1,908/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$659
• Net cashflow: $905

Break-even live

Break-even rent $1,993

Max offer price $250,000

Occupancy floor 66%

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4815 3rd Ave NW Bradenton, FL	3.0	2.0	1510	$3,600	$2.38	19d	1	0.05mi
109 53rd St W Bradenton, FL	3.0	2.5	1492	$2,700	$1.81	23d	1	0.34mi
5911 7th Avenue Dr W Bradenton, FL	3.0	2.0	1684	$2,595	$1.54	23d	1	0.89mi
5111 13th Avenue Dr W Bradenton, FL	3.0	2.0	1778	$3,700	$2.08	23d	1	0.99mi
1212 63rd St NW Bradenton, FL	4.0	3.0	2011	$3,900	$1.94	23d	1	1.04mi
6108 10th Ave W Bradenton, FL	3.0	2.0	1534	$7,000	$4.56	23d	1	1.11mi
6448 7th Avenue Cir W Bradenton, FL	3.0	2.0	1482	$3,100	$2.09	23d	1	1.19mi
6618 7th Ave Cir W #1404 Bradenton, FL	2.0	2.0	1440	$3,400	$2.36	23d	1	1.20mi
6446 7th Avenue Cir W Unit 6446 Bradenton, FL	2.0	2.0	1440	$2,400	$1.67	23d	1	1.20mi
6646 7th Avenue Cir W Bradenton, FL	2.0	2.0	1440	$2,500	$1.74	23d	1	1.22mi
6640 7th Avenue Cir W Unit 1513 Bradenton, FL	3.0	2.0	1610	$3,600	$2.24	23d	1	1.23mi
6652 7th Avenue Cir W Bradenton, FL	3.0	2.0	1495	$2,800	$1.87	14d	1	1.25mi
4904 19th Ave W Bradenton, FL	3.0	2.0	1762	$4,000	$2.27	14d	1	1.30mi
3807 16th Ave W Bradenton, FL	3.0	2.0	1491	$2,100	$1.41	23d	1	1.31mi
4215 18th Avenue Dr W Bradenton, FL	4.0	2.0	2031	$2,995	$1.47	10d	1	1.36mi
3321 10th Ln W Palmetto, FL	4.0	3.5	2604	$2,700	$1.04	23d	1	1.43mi
5004 22nd Ave W Bradenton, FL	3.0	2.0	1577	$2,500	$1.59	3d	1	1.48mi

Listing history 4 events

1. 2026-05-07
   status Pending 704-char remark

   Show marketing remark (704 chars)

   Opportunity awaits at 406 49th St NW in Bradenton! This property is being sold for land value and is a tear-down—perfect for investors, builders, or anyone looking to design and build their dream home in a prime location. Situated in a highly desirable area, you’re just minutes from the Manatee River, Robinson Preserve, Palma Sola Botanical Gardens, and DeSoto National Memorial, along with a nearby public boat ramp for easy water access. Spend your days kayaking, exploring nature trails, or enjoying the vibrant coastal lifestyle. Plus, the sugar sand beaches of Anna Maria Island are only a short 10–15-minute drive away, offering some of the best beach days Florida has to offer.

2. 2026-05-07
   status Pending

   Show marketing remark (704 chars)

   Opportunity awaits at 406 49th St NW in Bradenton! This property is being sold for land value and is a tear-down—perfect for investors, builders, or anyone looking to design and build their dream home in a prime location. Situated in a highly desirable area, you’re just minutes from the Manatee River, Robinson Preserve, Palma Sola Botanical Gardens, and DeSoto National Memorial, along with a nearby public boat ramp for easy water access. Spend your days kayaking, exploring nature trails, or enjoying the vibrant coastal lifestyle. Plus, the sugar sand beaches of Anna Maria Island are only a short 10–15-minute drive away, offering some of the best beach days Florida has to offer.

3. 2026-04-28
   listed $250,000 Active 704-char remark

   Show marketing remark (704 chars)

   Opportunity awaits at 406 49th St NW in Bradenton! This property is being sold for land value and is a tear-down—perfect for investors, builders, or anyone looking to design and build their dream home in a prime location. Situated in a highly desirable area, you’re just minutes from the Manatee River, Robinson Preserve, Palma Sola Botanical Gardens, and DeSoto National Memorial, along with a nearby public boat ramp for easy water access. Spend your days kayaking, exploring nature trails, or enjoying the vibrant coastal lifestyle. Plus, the sugar sand beaches of Anna Maria Island are only a short 10–15-minute drive away, offering some of the best beach days Florida has to offer.

4. 2026-04-28
   listed $250,000 Active

   Show marketing remark (704 chars)

   Opportunity awaits at 406 49th St NW in Bradenton! This property is being sold for land value and is a tear-down—perfect for investors, builders, or anyone looking to design and build their dream home in a prime location. Situated in a highly desirable area, you’re just minutes from the Manatee River, Robinson Preserve, Palma Sola Botanical Gardens, and DeSoto National Memorial, along with a nearby public boat ramp for easy water access. Spend your days kayaking, exploring nature trails, or enjoying the vibrant coastal lifestyle. Plus, the sugar sand beaches of Anna Maria Island are only a short 10–15-minute drive away, offering some of the best beach days Florida has to offer.

ⓘ 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: $1,908 · $159/mo
• Projected year-2 tax: $2,075 · $173/mo
• Expected delta: +$167/yr (+$14/mo · 8.8%)

ⓘ 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 · 26 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: $37,663
• − Mortgage interest: −$14,004
• − Property taxes: −$1,908
• − Insurance: −$1,250
• − Repairs & maintenance: −$3,013
• − Management: −$3,013
• − Depreciation: −$7,273
• Taxable income: $7,203
• Est. tax owed @ 24.0%: −$1,729
• After-tax cash flow: $9,135/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 — West Bradenton

• Score: 72/100
• State rank: #335
• US rank: #5798

Category grades

Amenities F Commute F Cost of living B Crime A+ Employment A- Housing A+ Health & safety A- User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: West Bradenton, FL
• County: Manatee County · 416,364 people
• City population: 227,091
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 33,224
• Household income: $81,728
• Rent vs Own: 21.8% rent · 78.2% own
• Severe rent burden: 1126.0

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 (84%)
• Race & ethnicity: White 84% Hispanic / Latino 11% Two or more races 6% Black 2% Asian 1%
• Hispanic origin (detail): Puerto Rican 4% Cuban 3%
• Common ancestry: Romanian 3% Slovak 3% Lithuanian 3%
• Foreign-born: 9% · Canada, Jamaica, China
• Languages at home: 90% English-only · Spanish 6% Russian/Polish/Slavic 1% 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: ▼ -360.34%
• Current HPI: 320.0061
• Rent YoY: ▼ -0.30%
• 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

+0.0% since first listed

4 events — show timeline

• 2026-05-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-28 Listed $250,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-28 Listed $250,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+1.3%/yr

Latest (2025): $1,908 · +4.4% YoY. Source: county tax records.