5316 53rd Ave E Unit ZB1 · Samoset, FL 34203

$149,750

2 bd · 2.0 ba · 1,000 sqft · Manufactured public records · 209 Days on market

Built 1993 3,785 sqft lot Est $157k · at est. $300/mo HOA · 15% of rent

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Why this score? — see what drove the C+ 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 +24.9/30.0
• ARV discount +9.6/15.0
• 1% rule +8.7/10.0
• DSCR +8.1/10.0
• Schools +4.4/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Remarkable and nicely decorated. Front sun room or office. Volume ceiling and open floor plan. Hurricane tinted windows with custom blinds. Custom entry doors. Insulated roof over. Custom kitchen cabinets. All rooms built at factory and assembled on site. This is truly a quality home.

Key facts

• Clubhouse
• Bonus room
• Heated pool

Tags

• BONUS ROOM
• WALK-IN PANTRY
• HEATED POOL
• CLUBHOUSE

Property features AI

Finance

• Other: Partially furnished
• Financial info: Total monthly fees $300; Total annual fees $3,600
• HOA & community: Has HOA (Lou Paul) with monthly fee of $300; Association approval required; Association fees include cable TV, internet, pool, sewer, water, trash, management, maintenance of grounds, common area taxes, escrow reserves; Community amenities: clubhouse, pool, shuffleboard court, community mailbox, irrigation (reclaimed water); Community features include deed restrictions, vehicle restrictions, optional additional fees, buyer approval required; Senior community; Pets allowed with restrictions (cats OK, dogs OK, breed restrictions, number limit)

Exterior

• Parking: Carport (1 space)
• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Sewer connected; Water connected; Underground utilities
• Home design: Residential manufactured home; Double wide; Single-story; North-facing; Crawlspace foundation
• Construction: Vinyl siding; Roof over
• Exterior features: Patio; Awnings; Landscaped yard; Paved surfaces

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Range hood; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Thermostat; Window treatments
• Laundry & utility: Washer; Dryer; Electric water heater; Laundry located outside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $150k.

Deal economics

• At list price, monthly cash flow is $323 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.9% vs local median 4.3% in Samoset — 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 65/100 on livability (#645 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment 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: Tara Elementary School (math 79% / reading 66%, grade A, #281 of 2,144 statewide, top 13%, 559 students, 52% FRL); Braden River High School (math 44% / reading 52%, grade D, #201 of 667 statewide, top 30%, 1,774 students, 45% FRL) — zoned schools at 48% FRL track the district average.
• Market conditions: Rents soft (-1.0%/yr); 384 active listings in the ZIP; 21 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).
• This rent runs 35% of the median local income ($71k/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 $1k 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.

Negotiation context

• It's been on market 209 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 6y ago; this cycle's ask has dropped $44k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $115k; 30% 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 $131,780 (12.0% below list)

Questions for the listing agent

1. It's been on market 209 days. Have you received any prior offers? Is the seller open to a 12% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.37% ✓
• Cap rate: 8.88%
• Cash-on-cash: 9.25%
• DSCR: 1.41
• GRM: 6.1

CMA / ARV

• ARV (on-the-fly): $157,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5316 53rd Ave E Unit Q5	0.25mi	2/2.0	960 (-4%)	4mo	$105,000	$109	78
5316 53rd Ave E Unit N9	0.22mi	2/2.0	1,056 (+6%)	3mo	$160,000	$152	78
5316 53rd Ave E Unit K14	0.19mi	2/2.0	1,056 (+6%)	6mo	$140,000	$133	77
5316 53rd Ave E Unit L1	0.23mi	2/2.0	1,056 (+6%)	5mo	$175,000	$166	76
5707 45th St E #158	0.44mi	2/2.0	1,042 (+4%)	3mo	$170,000	$163	70
5316 53rd Ave E Unit F24	0.29mi	2/2.0	1,056 (+6%)	9mo	$60,000	$57	70
5316 53rd Ave E Unit F38	0.23mi	2/1.5	896 (-10%)	2mo	$100,500	$112	68
5707 45th St E #35	0.44mi	2/2.0	912 (-9%)	4mo	$160,000	$175	62
5707 45th St E #136	0.44mi	2/2.0	1,100 (+10%)	6mo	$150,000	$136	58
5707 45th St E #253	0.44mi	2/2.0	1,115 (+12%)	3mo	$174,900	$157	58
5316 53rd Ave E Unit Q18	0.36mi	2/2.0	864 (-14%)	5mo	$139,900	$162	56
5707 45th St E #180	0.44mi	2/2.0	1,125 (+12%)	4mo	$225,000	$200	55

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: -6.3%
• Equity multiple: 0.77×
• Total profit: $-9,504
• Equity at exit: $22,328

10-year hold

• IRR: -1.8%
• Equity multiple: 0.90×
• Total profit: $-4,254
• Equity at exit: $12,948

Cash invested: $41,930 (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 34203

• Home prices YoY: -24.5%
• Rents YoY: -1.0%
• Active inventory: 384
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $2,056 high
• Mortgage (P&I): −$785
• Tax from tax record: −$153 /mo · $1,837/yr
• Insurance: −$62
• HOA: −$300
• Vacancy / Maint / Mgmt: −$432
• Net cashflow: $323

Break-even live

Break-even rent $1,647

Max offer price $149,750

Occupancy floor 79%

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: $37,438
• Closing costs: $4,492
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5616 Gentle Breeze St Bradenton, FL	2.0	2.0	1100	$1,700	$1.55	23d	1	0.08mi
5316 53rd Ave E Unit Q111 Bradenton, FL	2.0	2.0	1056	$1,495	$1.42	10d	1	0.12mi
5650 Simonton St Bradenton, FL	2.0	2.5	1496	$2,095	$1.40	3d	1	0.13mi
5635 Whitehead St Bradenton, FL	2.0	2.5	1496	$2,300	$1.54	23d	1	0.20mi
5707 45th St E #19 Bradenton, FL	2.0	2.0	972	$1,700	$1.75	23d	1	0.43mi
5515 Fair Oaks St Unit 5515 Bradenton, FL	2.0	2.0	1004	$2,000	$1.99	23d	1	0.84mi
5414 Fair Oaks St Unit 10-D Bradenton, FL	2.0	2.0	1004	$1,995	$1.99	3d	1	0.91mi
6503 Fairway Gardens Dr Unit Available Bradenton, FL	2.0	2.0	1346	$2,200	$1.63	23d	1	0.92mi
5016 Misty Canal Pl Bradenton, FL	2.0	2.5	1080	$1,950	$1.81	23d	1	0.95mi
6501 Stone River Rd Bradenton, FL	2.0	2.0	1080	$2,820	$2.61	15d	2	0.97mi
6501 Stone River Rd Unit Available Bradenton, FL	2.0	2.0	1118	$2,200	$1.97	23d	1	0.97mi
4540 Runabout Way Bradenton, FL	2.0	2.5	1080	$2,300	$2.13	23d	1	0.97mi
6505 Stone River Rd Bradenton, FL	2.0	2.0	1080	$2,825	$2.62	15d	3	1.05mi
4815 Woodbrook Dr Sarasota, FL	2.0	2.0	1080	$2,290	$2.12	3d	1	1.16mi
6713 Stone River Rd #202 Bradenton, FL	2.0	2.0	1232	$1,900	$1.54	23d	1	1.23mi
6758 Fairview Ter Bradenton, FL	2.0	2.0	1346	$2,300	$1.71	23d	1	1.24mi
6807 Stone River Rd #202 Bradenton, FL	2.0	2.0	1292	$3,500	$2.71	15d	1	1.26mi
3645 Ali ala LOOP Braden River, FL	1.0	1.0	950	$1,400	$1.47	23d	1	1.28mi
3880 Palm Isle Pl Bradenton, FL	1.0–2.0	1.0–2.0	1042	$2,499	$2.40	1d	13	1.32mi
6870 Fairview Ter #6870 Bradenton, FL	2.0	2.0	1346	$2,200	$1.63	15d	1	1.32mi
6872 Fairview Ter #101 Bradenton, FL	2.0	2.0	1352	$2,000	$1.48	23d	1	1.32mi

HOA detail

• Monthly dues: $300 · $3,600/yr

Listing history 24 events

1. 2026-06-16
   statusdays on market $149,750 Pending 209 DOM
2. 2026-06-15
   days on market $149,750 Active 208 DOM
3. 2026-06-13
   days on market $149,750 Active 206 DOM
4. 2026-06-13
   days on market $149,750 Active 205 DOM
5. 2026-06-10
   days on market $149,750 Active 203 DOM
6. 2026-06-09
   days on market $149,750 Active 202 DOM
7. 2026-06-08
   days on market $149,750 Active 201 DOM
8. 2026-06-08
   days on market $149,750 Active 200 DOM
9. 2026-06-03
   days on market $149,750 Active 196 DOM
10. 2026-06-02
    days on market $149,750 Active 195 DOM
11. 2026-06-01
    days on market $149,750 Active 194 DOM
12. 2026-05-31
    days on market $149,750 Active 193 DOM
13. 2026-05-08
    price $149,750
14. 2026-04-10
    price $164,750
15. 2026-03-13
    price $169,750
16. 2026-02-14
    price $178,750
17. 2026-01-14
    price $184,750
18. 2025-11-19
    listed $193,750 Active
19. 2020-08-14
    soldstatus $115,000 Sold 285-char remark

    Show marketing remark (285 chars)

    Remarkable and nicely decorated. Front sun room or office. Volume ceiling and open floor plan. Hurricane tinted windows with custom blinds. Custom entry doors. Insulated roof over. Custom kitchen cabinets. All rooms built at factory and assembled on site. This is truly a quality home.

20. 2020-08-05
    status Pending 285-char remark

    Show marketing remark (285 chars)

    Remarkable and nicely decorated. Front sun room or office. Volume ceiling and open floor plan. Hurricane tinted windows with custom blinds. Custom entry doors. Insulated roof over. Custom kitchen cabinets. All rooms built at factory and assembled on site. This is truly a quality home.

21. 2020-06-26
    price $124,900 285-char remark

    Show marketing remark (285 chars)

    Remarkable and nicely decorated. Front sun room or office. Volume ceiling and open floor plan. Hurricane tinted windows with custom blinds. Custom entry doors. Insulated roof over. Custom kitchen cabinets. All rooms built at factory and assembled on site. This is truly a quality home.

22. 2020-01-28
    listed $134,900 Active 285-char remark

    Show marketing remark (285 chars)

    Remarkable and nicely decorated. Front sun room or office. Volume ceiling and open floor plan. Hurricane tinted windows with custom blinds. Custom entry doors. Insulated roof over. Custom kitchen cabinets. All rooms built at factory and assembled on site. This is truly a quality home.

23. 1996-12-03
    soldstatus $47,100
24. 1993-08-12
    soldstatus $17,800

ⓘ 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: $1,837 · $153/mo
• Projected year-2 tax: $1,837 · $153/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 2/10 Low FEMA zone X (unshaded) · 5% 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,670
• − Mortgage interest: −$8,388
• − Property taxes: −$1,837
• − Insurance: −$749
• − Repairs & maintenance: −$1,974
• − Management: −$1,974
• − HOA: −$3,600
• − Depreciation: −$4,356
• Taxable income: $1,792
• Est. tax owed @ 24.0%: −$430
• After-tax cash flow: $3,450/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 — Samoset

• Score: 65/100
• State rank: #645
• US rank: #12763

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Manatee County · 416,364 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 40,618
• Household income: $70,761
• Rent vs Own: 27.3% rent · 72.7% own
• Severe rent burden: 1469.0

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 19% Two or more races 12% Black 9% Asian 5%
• Hispanic origin (detail): Mexican 9% Puerto Rican 3% Cuban 2% Dominican 1%
• Common ancestry: Lithuanian 3% Romanian 3% Slovak 2%
• Foreign-born: 17% · Canada, Vietnam, Dominican Republic
• Languages at home: 76% English-only · Spanish 16% Vietnamese 2% 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: ▼ -95.87%
• Current HPI: 295.8871
• Rent YoY: ▼ -0.97%
• 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

+741.3% since first listed

12 events — show timeline

• 2026-05-08 Price Changed $149,750 Stellar MLS as Distributed by MLS Grid
• 2026-04-10 Price Changed $164,750 Stellar MLS as Distributed by MLS Grid
• 2026-03-13 Price Changed $169,750 Stellar MLS as Distributed by MLS Grid
• 2026-02-14 Price Changed $178,750 Stellar MLS as Distributed by MLS Grid
• 2026-01-14 Price Changed $184,750 Stellar MLS as Distributed by MLS Grid
• 2025-11-19 Listed $193,750 Stellar MLS as Distributed by MLS Grid
• 2020-08-14 Sold (MLS) $115,000 Stellar MLS as Distributed by MLS Grid
• 2020-08-05 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-06-26 Price Changed $124,900 Stellar MLS as Distributed by MLS Grid
• 2020-01-28 Listed $134,900 Stellar MLS as Distributed by MLS Grid
• 1996-12-03 Sold (Public Records) $47,100 Public Records
• 1993-08-12 Sold (Public Records) $17,800 Public Records

Property tax history

+11.8%/yr

Latest (2025): $1,837 · -2.7% YoY. Source: county tax records.