3108 Terra Siesta Blvd · Bradenton, FL 34222

$135,000

2 bd · 2.0 ba · 1,248 sqft · Manufactured public records · 25 Days on market

Built 1975 3,594 sqft lot Est $180k · 25% under $213/mo HOA · 11% of rent

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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 +29.4/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.1/10.0
• 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

55 and over community, beautifully appointed , professionally decorated, corner lot, all furniture included. Close to restaurants, shopping and grocery store. golf cart accessible.

Key facts

• Updated appliances
• Gas stove
• Workshop

Tags

• CORNER LOT
• AMENITIES CENTER
• UPDATED APPLIANCES
• GAS STOVE
• ATTACHED STORAGE SHEDS
• WORKSHOP

Property features AI

Finance

• Other: Property type: Residential (Mobile Home); Property subtype: Mobile Home - Double Wide; Total acreage: less than 1/4 acre; Lot approx. 0.08 acres; Living area reported as 1,248 sq ft (public records); Building area reported as 2,280 sq ft (public records)
• Financial info: Total monthly HOA fees: $213; Total annual fees: $2,556; Lease restrictions apply
• HOA & community: HOA (Deb Bell) with monthly fee of $213; Association fee includes pool, water, sewer, trash, management, escrow reserves fund, recreational facilities; Association approval required; Community features: clubhouse, pool, shuffleboard court, dog park, deed restrictions, buyer approval required; Senior community; Pets allowed

Exterior

• Parking: Covered driveway parking; Tandem parking; 2-space carport
• Utilities: Public water; Public sewer; Electricity connected; Propane; Cable connected; Sewer connected
• Home design: Residential double-wide mobile home; Single-story (one level); North-facing
• Construction: Frame construction; Roof over; Crawlspace foundation; Built as double wide
• Exterior features: Covered patio/porch; Storage; Shed(s); Workshop; Corner lot; Paved lot; Asphalt road

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Laminate; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heat pump; Central air
• Interior features: Built-in features; Ceiling fans; Thermostat; Walk-in closet(s); Window treatments; Blinds; Storage rooms
• Laundry & utility: Washer and dryer (washer and dryer included); Laundry area in kitchen

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $135k.

Deal economics

• At list price, monthly cash flow is $480 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $133k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.6% 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: 182 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 35% 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 $933 of loan paydown is wiped out by about $4k 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 $38k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($133k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 12y ago 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.
• Current owner paid $93k; 45% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,975 (1.5% below list)

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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.
6. 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.
7. 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: 1.41% ✓
• Cap rate: 10.56%
• Cash-on-cash: 15.23%
• DSCR: 1.68
• GRM: 5.9

CMA / ARV

• ARV (on-the-fly): $179,712
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3108 Terra Siesta Blvd	0.00mi	2/2.0	1,248 (0%)	0mo	$125,000	$100	100
3113 Dorothy Pl	0.14mi	2/2.0	1,300 (+4%)	8mo	$140,000	$108	80
8206 Marie Ln	0.50mi	2/2.0	1,300 (+4%)	1mo	$187,000	$144	69
3432 71st Ave E	0.51mi	2/2.0	1,296 (+4%)	4mo	$230,000	$177	66
3522 70th Ave E	0.64mi	2/2.0	1,266 (+1%)	4mo	$245,000	$194	65
20 Wood Owl Ave	0.54mi	2/2.0	1,176 (-6%)	4mo	$200,000	$170	62
159 Osprey Cir Unit na	0.64mi	2/2.0	1,296 (+4%)	4mo	$181,000	$140	60
137 Osprey Cir	0.52mi	2/2.0	1,352 (+8%)	3mo	$190,000	$141	60
77 Spoonbill Ln	0.60mi	2/2.0	1,352 (+8%)	2mo	$140,000	$104	56
99 Meadow Cir	0.49mi	2/2.0	1,404 (+12%)	4mo	$120,000	$85	54
3449 71st Ave E	0.56mi	2/2.0	1,404 (+12%)	1mo	$268,000	$191	53
3607 70th Ave E	0.68mi	2/2.0	1,434 (+15%)	2mo	$275,000	$192	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 6.0%
• Equity multiple: 1.23×
• Total profit: $8,768
• Equity at exit: $20,129

10-year hold

• IRR: 15.4%
• Equity multiple: 2.25×
• Total profit: $47,324
• Equity at exit: $11,672

Cash invested: $37,800 (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: 5.9×

Monthly cashflow live

• Estimated rent: $1,900 high
• Mortgage (P&I): −$708
• Tax from tax record: −$44 /mo · $530/yr
• Insurance: −$56
• HOA: −$213
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $480

Break-even live

Break-even rent $1,293

Max offer price $135,000

Occupancy floor 70%

Sensitivity live

Price	-10% $556	-5% $518	+0% $480	+5% $442	+10% $403
Rent	-10% $330	-5% $405	+0% $480	+5% $555	+10% $630
Rate	-1.0pp $548	-0.5pp $514	base $480	+0.5pp $445	+1.0pp $409

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2711 80th Ave E Ellenton, FL	3.0	2.0	1000	$1,836	$1.84	4d	1	0.19mi
482 Outer Dr Unit NA Ellenton, FL	3.0	2.0	1400	$1,600	$1.14	4d	1	0.32mi
8314 Nancy Ln Ellenton, FL	2.0	2.0	1404	$1,895	$1.35	24d	1	0.51mi
3808 Sunset Dr Ellenton, FL	3.0	2.0	1441	$1,699	$1.18	22d	1	0.56mi
3908 Lemonwood Dr N Ellenton, FL	2.0	2.0	1400	$1,750	$1.25	24d	1	0.69mi
7711 Desoto Dr Ellenton, FL	2.0	2.5	1356	$1,599	$1.18	15d	1	0.70mi
4212 Long Lake Way Ellenton, FL	2.0	2.0	1000	$1,900	$1.90	24d	1	0.80mi
3931 Day Bridge Pl Ellenton, FL	3.0	2.0	1250	$2,295	$1.84	4d	1	0.94mi
2710 59th Dr E Ellenton, FL	1.0–3.0	1.0–2.0	1149	$2,234	$1.94	4d	37	1.15mi
5942 Factory Shops Blvd Ellenton, FL	1.0–3.0	1.0–2.0	953	$2,362	$2.48	2d	67	1.24mi

HOA detail

• Monthly dues: $213 · $2,556/yr

Listing history 16 events

1. 2026-06-02
   remarks 693-char remark
2. 2026-06-02
   statusdays on market $135,000 Pending 25 DOM
3. 2026-06-01
   days on market $135,000 Active 24 DOM
4. 2026-05-31
   days on market $135,000 Active 23 DOM
5. 2026-05-08
   listed $135,000 Active
6. 2026-01-14
   historical
7. 2025-11-28
   price $149,999
8. 2025-10-17
   listed $159,999 Active
9. 2021-01-15
   soldstatus $93,000 Sold 180-char remark

   Show marketing remark (180 chars)

   55 and over community, beautifully appointed , professionally decorated, corner lot, all furniture included. Close to restaurants, shopping and grocery store. golf cart accessible.

10. 2020-11-16
    status Pending 180-char remark

    Show marketing remark (180 chars)

    55 and over community, beautifully appointed , professionally decorated, corner lot, all furniture included. Close to restaurants, shopping and grocery store. golf cart accessible.

11. 2020-10-12
    listed $99,000 Active 180-char remark

    Show marketing remark (180 chars)

    55 and over community, beautifully appointed , professionally decorated, corner lot, all furniture included. Close to restaurants, shopping and grocery store. golf cart accessible.

12. 2014-06-13
    soldstatus $27,700 Sold
13. 2014-06-10
    historical
14. 2014-05-06
    status Pending
15. 2014-01-05
    listed $39,900 Active
16. 1991-12-05
    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: $530 · $44/mo
• Projected year-2 tax: $1,120 · $93/mo
• Expected delta: +$591/yr (+$49/mo · 111.4%)

ⓘ 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 · 29 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: $22,803
• − Mortgage interest: −$7,562
• − Property taxes: −$530
• − Insurance: −$675
• − Repairs & maintenance: −$1,824
• − Management: −$1,824
• − HOA: −$2,556
• − Depreciation: −$3,927
• Taxable income: $3,904
• Est. tax owed @ 24.0%: −$937
• After-tax cash flow: $4,821/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

+650.0% since first listed

12 events — show timeline

• 2026-05-08 Listed $135,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-14 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-11-28 Price Changed $149,999 Stellar MLS as Distributed by MLS Grid
• 2025-10-17 Listed $159,999 Stellar MLS as Distributed by MLS Grid
• 2021-01-15 Sold (MLS) $93,000 Stellar MLS as Distributed by MLS Grid
• 2020-11-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-10-12 Listed $99,000 Stellar MLS as Distributed by MLS Grid
• 2014-06-13 Sold (MLS) $27,700 Stellar MLS as Distributed by MLS Grid
• 2014-06-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2014-05-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-01-05 Listed $39,900 Stellar MLS as Distributed by MLS Grid
• 1991-12-05 Sold (Public Records) $18,000 Public Records

Property tax history

+4.2%/yr

Latest (2025): $530 · +8.6% YoY. Source: county tax records.