507 Lakeside Dr #507 · South Bradenton, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 29 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- 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).
- ARV discount +15.0/15.0
- Cash flow +6.3/30.0
- 1% rule +5.6/10.0
- Livability +3.9/5.0
- Condition / age +3.8/5.0
- Schools +2.7/10.0
- Rent growth +1.0/5.0
- DSCR +0.6/10.0
- Appreciation +0.0/10.0
$190,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Why rent when you can own a move in ready 2 bedroom, 2 bathroom first floor condo with a deeded covered parking spot. This property is priced to sell for you to enjoy as a full time residence, investment property or a snowbird home. Large kitchen with a slider to the front patio makes it conveniently accessible to your bbq for preparing enjoyable meals plus the abundance of natural light that fills your kitchen. Each bedroom is generously sized, either can be used as a primary & both have walk in closets along with ensuite baths. There's so much space, you'll have fun decorating & making it your own.
Key facts
- Ensuite baths
- Front patio
- Large kitchen
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $190k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-335 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $142k (25.5% below list).
- Meets the 1% rule at list price ($2k rent vs $190k).
- Recommended offer: $142k (25.5% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 77/100 on livability (#195 in FL, #3,092 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, crime D+, 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: H. S. Moody Elementary School (math 39% / reading 24%, grade F, #1,841 of 2,144 statewide, top 86%, 606 students, 73% FRL); Electa Lee Magnet Middle School (math 27% / reading 28%, grade F, #495 of 571 statewide, top 87%, 759 students, 68% FRL); Bayshore High School (math 17% / reading 26%, grade F, #546 of 667 statewide, top 82%, 1,435 students, 65% FRL) — zoned schools average 69% FRL vs 51% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 27% at this address vs 52% district-wide (-25 pts) — the specific schools serving this property underperform the Manatee average; the district grade overstates school quality for this exact location.
- Market conditions: Rents falling (-6.1%/yr); 686 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 74d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
- This rent runs 38% 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 $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
- It's been on market 97 days — a 9% lower offer ($173k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 30% of rent.
- 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.
Questions for the listing agent
- 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?
- It's been on market 97 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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?
- 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?
- 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.
- 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.
- 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
- 1.06% ✓
- Cap rate
- 4.18%
- Cash-on-cash
- -7.55%
- DSCR
- 0.66
- GRM
- 7.9
CMA / ARV
- ARV (median comp)
- $256,643
- List price
- $190,000
- Delta
- -25.97%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4105 35th Ave W #4105 | 1.12mi | 2/2.0 | 1,015 (-2%) | 0mo | $160,000 | $158 | 62 |
| 3880 Ironwood Ln Unit 508E | 1.05mi | 2/2.0 | 1,008 (-3%) | 0mo | $133,000 | $132 | 61 |
| 3860 Ironwood Ln Unit 103G | 1.02mi | 2/2.0 | 1,008 (-3%) | 0mo | $132,000 | $131 | 60 |
| 6015 27th St W Unit 1C | 1.48mi | 2/2.0 | 1,076 (+4%) | 0mo | $192,000 | $178 | 58 |
| 3500 Lake Bayshore Dr Unit K 101 | 1.48mi | 2/2.0 | 1,144 (+10%) | 0mo | $90,000 | $79 | 47 |
| 3813 59th Ave W #3813 | 1.08mi | 2/2.0 | 912 (-12%) | 0mo | $120,000 | $132 | 45 |
| 2808 60th Ave W #302 | 1.45mi | 2/2.0 | 897 (-13%) | 0mo | $138,500 | $154 | 42 |
| 2807 48th Ave Dr W | 0.77mi | 2/2.0 | 896 (-13%) | 0mo | $135,000 | $151 | 42 |
| 4009 Lake Bayshore Dr #105 | 1.49mi | 2/1.0 | 912 (-12%) | 0mo | $32,000 | $35 | 41 |
| 4410 Fairways Blvd #206 | 0.99mi | 2/2.0 | 1,256 (+21%) | 0mo | $155,000 | $123 | 40 |
| 5123 20th St W | 1.27mi | 2/1.0 | 864 (-16%) | 0mo | $240,000 | $278 | 36 |
| 3211 42nd St W | 1.35mi | 3/2.0 (+1) | 1,272 (+23%) | 0mo | $189,000 | $149 | 35 |
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
- IRR
- -34.7%
- Equity multiple
- -0.08×
- Total profit
- $-57,590
- Equity at exit
- $28,330
- IRR
- -83.8%
- Equity multiple
- -0.86×
- Total profit
- $-98,719
- Equity at exit
- $16,428
Cash invested: $53,200 (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
Active competition Active MLS
- For sale now
- 7 active · 6 under contract
- Median asking
- $239,000 ($194/sqft)
- Median days on market
- 175 d
- This list price
- 43% of active listings are priced below it
- ARV vs active asking
- +28.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34210
- Rents YoY
- -6.1%
- Active inventory
- 686
- Price-to-rent
- 7.9×
Monthly cashflow live
- Estimated rent
- $2,011 high interval (Pro) →
- Mortgage (P&I)
- −$996
- Tax est. 1.5%
- −$238 /mo · $2,850/yr
- Insurance
- −$79
- HOA
- −$610
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$422
- Net cashflow
- $-335
Break-even live
Sensitivity live
| Price | -10% $-203 | -5% $-269 | +0% $-335 | +5% $-400 | +10% $-466 |
|---|---|---|---|---|---|
| Rent | -10% $-493 | -5% $-414 | +0% $-335 | +5% $-255 | +10% $-176 |
| Rate | -1.0pp $-239 | -0.5pp $-286 | base $-335 | +0.5pp $-384 | +1.0pp $-434 |
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
- $47,500
- Closing costs
- $5,700
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 655 Woodlawn Dr Unit 655 Bradenton, FL | 2.0 | 2.0 | 1148 | $1,600 | $1.39 | 119d | 1 | 0.05mi |
| 452 Palm Tree Dr Unit 452 Bradenton, FL | 2.0 | 2.0 | 1304 | $1,595 | $1.22 | 99d | 1 | 0.07mi |
| 549 Lakeside Dr Unit 549 Bradenton, FL | 2.0 | 2.0 | 940 | $1,950 | $2.07 | 65d | 1 | 0.08mi |
| 586 Lakeside Dr Unit 586 Bradenton, FL | 2.0 | 2.0 | 940 | $2,900 | $3.09 | 9d | 1 | 0.11mi |
| 440 Palm Tree Dr Unit N/A Bradenton, FL | 2.0 | 2.0 | 1108 | $2,100 | $1.90 | 63d | 1 | 0.11mi |
| 183 Pineneedle Dr Bradenton, FL | 2.0 | 2.0 | 1304 | $1,800 | $1.38 | 119d | 1 | 0.18mi |
| 184 Pineneedle Dr Bradenton, FL | 2.0 | 2.0 | 940 | $2,100 | $2.23 | 119d | 1 | 0.18mi |
| 142 Pineneedle Dr Unit 142U Bradenton, FL | 2.0 | 2.0 | 1408 | $3,200 | $2.27 | 9d | 1 | 0.18mi |
| 346 Springdale Dr Unit 346 Bradenton, FL | 2.0 | 2.0 | 1304 | $1,600 | $1.23 | 82d | 1 | 0.23mi |
| 5006 45th St W Bradenton, FL | 3.0 | 2.0 | 1499 | $2,500 | $1.67 | 9d | 1 | 0.26mi |
| 303 Springdale Dr #303 Bradenton, FL | 2.0 | 2.0 | 1304 | $1,999 | $1.53 | 99d | 1 | 0.26mi |
| 206 Lakewood Dr Unit 206 Bradenton, FL | 2.0 | 2.0 | 940 | $2,700 | $2.87 | 119d | 1 | 0.29mi |
| 418 Spring Lakes Blvd Bradenton, FL | 2.0 | 2.0 | 1380 | $2,200 | $1.59 | 82d | 1 | 0.29mi |
| 418 Spring Lakes Blvd Bradenton, FL | 2.0 | 2.0 | 1380 | $1,700 | $1.23 | 9d | 1 | 0.29mi |
| 132 Wild Palm Dr #132 Bradenton, FL | 2.0 | 2.0 | 1304 | $3,400 | $2.61 | 119d | 1 | 0.30mi |
| 146 Wild Palm Dr #146 Bradenton, FL | 2.0 | 2.0 | 1500 | $2,500 | $1.67 | 119d | 1 | 0.30mi |
| 133 Wild Palm Dr #133 Bradenton, FL | 2.0 | 2.0 | 1408 | $2,350 | $1.67 | 119d | 1 | 0.30mi |
| 283 Sherwood Dr Bradenton, FL | 2.0 | 2.0 | 1304 | $1,800 | $1.38 | 119d | 1 | 0.30mi |
| 4449 46th Ave W Unit 4449 Bradenton, FL | 2.0 | 1.0 | 1110 | $3,200 | $2.88 | 119d | 1 | 0.36mi |
| 5103 34th St W Bradenton, FL | 2.0 | 2.0 | 824 | $1,850 | $2.25 | 9d | 1 | 0.41mi |
| 3506 52nd Ave W #275 Bradenton, FL | 2.0 | 2.0 | 1369 | $2,395 | $1.75 | 5d | 1 | 0.41mi |
| 3277 51st Avenue Dr W Bradenton, FL | 3.0 | 2.0 | 995 | $1,760 | $1.77 | 99d | 1 | 0.43mi |
| 3803 45th Ter W #105 Bradenton, FL | 3.0 | 2.5 | 1200 | $1,795 | $1.50 | 63d | 1 | 0.45mi |
| 3278 51st Avenue Dr W Unit 1 Bradenton, FL | 2.0 | 1.0 | 850 | $1,600 | $1.88 | 119d | 1 | 0.47mi |
| 4148 53rd Ave W Unit 2804 Bradenton, FL | 2.0 | 2.0 | 1071 | $2,001 | $1.87 | 1d | 1 | 0.49mi |
| 4148 53rd Ave W Unit 1601 Bradenton, FL | 2.0 | 1.0 | 1033 | $1,796 | $1.74 | 1d | 1 | 0.49mi |
| 4148 53rd Ave W Unit 2117 Bradenton, FL | 2.0 | 2.0 | 1071 | $1,886 | $1.76 | 4d | 1 | 0.49mi |
| 4148 53rd Ave W Bradenton, FL | 1.0–3.0 | 1.0–2.0 | 989 | $2,206 | $2.23 | 4d | 1 | 0.49mi |
| 4148 53rd Ave W Unit 0101 Bradenton, FL | 1.0 | 1.0 | 728 | $1,525 | $2.09 | 1d | 1 | 0.49mi |
| 4148 53rd Ave W Bradenton, FL | 1.0–2.0 | 1.0–2.0 | 899 | $2,162 | $2.40 | 3d | 10 | 0.49mi |
| 4148 53rd Ave W Unit 1210 Bradenton, FL | 2.0 | 2.0 | 1071 | $1,875 | $1.75 | 1d | 1 | 0.49mi |
| 4148 53rd Ave W Unit 2508 Bradenton, FL | 2.0 | 2.0 | 1071 | $2,065 | $1.93 | 4d | 1 | 0.49mi |
| 3603 45th Ter W #101 Bradenton, FL | 3.0 | 2.5 | 1200 | $1,800 | $1.50 | 99d | 1 | 0.50mi |
| 3903 45th Ter W #104 Bradenton, FL | 3.0 | 2.5 | 1429 | $1,799 | $1.26 | 74d | 1 | 0.51mi |
| 3825 45th Ter W #104 Bradenton, FL | 2.0 | 2.5 | 1429 | $1,550 | $1.08 | 119d | 1 | 0.52mi |
| 3715 45th Ter W Bradenton, FL | 2.0 | 2.5 | 1429 | $1,695 | $1.19 | 119d | 1 | 0.52mi |
| 3511 45th Ter W Bradenton, FL | 3.0 | 2.5 | 1200 | $1,850 | $1.54 | 6d | 1 | 0.52mi |
| 3909 45th Ter W #106 Bradenton, FL | 2.0 | 2.5 | 1429 | $1,700 | $1.19 | 9d | 1 | 0.53mi |
| 4655 46th Street Ct W #103 Bradenton, FL | 2.0 | 2.0 | 1141 | $2,400 | $2.10 | 88d | 1 | 0.53mi |
| 5027 31st St W Bradenton, FL | 2.0 | 2.0 | 972 | $3,800 | $3.91 | 9d | 1 | 0.53mi |
Property features AI
Finance
- Financial info
- Lease restrictions apply
- HOA & community
- Has HOA (Alan Baum) — quarterly association fee; monthly equivalent shownAssociation dues include cable TV, common area taxes, pool, escrow reserves, fidelity bond, internet, structure and grounds maintenance, management, pest control, sewer, trash and waterCommunity amenities: pool, racquetball, tennis courts, street lights, community mailbox; no truck/RV/motorcycle parkingPets allowed with restrictions (dogs OK; breed restrictions apply)Association approval required for buyers
Exterior
- Parking
- Carport with 1 space
- Security
- Community requires buyer approval
- Utilities
- Public waterPublic sewerElectricity connectedCable and internet availableSewer connectedWater connected
- Home design
- CondominiumOne-storyNorth-facing
- Construction
- Block constructionMembrane roofSlab foundationBuilt as residential condominium
- Exterior features
- Community tennis courtsCommunity lightingRain guttersSliding doorsExterior storageIrrigation equipment
Interior
- Kitchen
- DishwasherDisposalMicrowaveRefrigerator
- Bedrooms
- 2 bedrooms
- Flooring
- Ceramic tileLaminate
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Ceiling fansEat-in kitchenOpen living/dining room layout
- Laundry & utility
- Washer and dryer (in kitchen)
HOA detail $610/mo · $7,320/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-24days on market $190,000 Active 97 DOM
-
2026-09-22days on market $190,000 Active 95 DOM
-
2026-09-21days on market $190,000 Active 94 DOM
-
2026-09-20days on market $190,000 Active 93 DOM
-
2026-09-19days on market $190,000 Active 92 DOM
-
2026-09-18days on market $190,000 Active 91 DOM
-
2026-09-17days on market $190,000 Active 90 DOM
-
2026-09-16days on market $190,000 Active 89 DOM
-
2026-09-15days on market $190,000 Active 88 DOM
-
2026-09-14days on market $190,000 Active 87 DOM
-
2026-09-13days on market $190,000 Active 86 DOM
-
2026-09-12days on market $190,000 Active 85 DOM
-
2026-09-11days on market $190,000 Active 84 DOM
-
2026-09-05days on market $190,000 Active 78 DOM
-
2026-09-04days on market $190,000 Active 77 DOM
-
2026-09-03days on market $190,000 Active 76 DOM
-
2026-08-31days on market $190,000 Active 73 DOM
-
2026-08-30days on market $190,000 Active 72 DOM
-
2026-08-29days on market $190,000 Active 71 DOM
-
2026-08-28days on market $190,000 Active 70 DOM
-
2026-08-27days on market $190,000 Active 69 DOM
-
2026-08-26days on market $190,000 Active 68 DOM
-
2026-08-25days on market $190,000 Active 67 DOM
-
2026-08-24days on market $190,000 Active 66 DOM
-
2026-08-23days on market $190,000 Active 65 DOM
-
2026-08-22days on market $190,000 Active 64 DOM
-
2026-08-21days on market $190,000 Active 63 DOM
-
2026-08-20days on market $190,000 Active 62 DOM
-
2026-08-19days on market $190,000 Active 61 DOM
-
2026-08-18days on market $190,000 Active 60 DOM
-
2026-08-17days on market $190,000 Active 59 DOM
-
2026-08-16days on market $190,000 Active 58 DOM
-
2026-08-15days on market $190,000 Active 57 DOM
-
2026-08-14days on market $190,000 Active 56 DOM
-
2026-08-13days on market $190,000 Active 55 DOM
-
2026-08-12days on market $190,000 Active 54 DOM
-
2026-08-11days on market $190,000 Active 53 DOM
-
2026-08-10days on market $190,000 Active 52 DOM
-
2026-08-09days on market $190,000 Active 51 DOM
-
2026-08-08days on market $190,000 Active 50 DOM
-
2026-08-07days on market $190,000 Active 49 DOM
-
2026-08-06days on market $190,000 Active 48 DOM
-
2026-08-05days on market $190,000 Active 47 DOM
-
2026-08-04days on market $190,000 Active 46 DOM
-
2026-08-03days on market $190,000 Active 45 DOM
-
2026-07-31days on market $190,000 Active 42 DOM
-
2026-07-30days on market $190,000 Active 40 DOM
-
2026-07-28days on market $190,000 Active 39 DOM
-
2026-07-26days on market $190,000 Active 37 DOM
-
2026-07-24days on market $190,000 Active 35 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 ≥106°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 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $24,127
- − Mortgage interest
- −$10,643
- − Property taxes
- −$2,850
- − Insurance
- −$950
- − Repairs & maintenance
- −$1,930
- − Management
- −$1,930
- − HOA
- −$7,320
- − Depreciation
- −$5,527
- Taxable loss
- −$7,023
- Est. tax savings @ 24.0%
- +$1,686
- After-tax cash flow
- $-2,330/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.
Condition & rehab AI · 13 photos
This move-in ready 2-bedroom, 2-bathroom condo is in good condition with a fresh paint job and well-maintained landscaping. Minor updates to the exterior and front gate can significantly enhance its curb appeal and value.
Value-add opportunities
- Both Paint the exterior stucco — Fresh paint can enhance curb appeal and property value ↑
- Both Replace the front gate — A new gate can improve security and aesthetics ↑
- Both Prune and landscape the front yard — A well-maintained front yard can increase property value and curb appeal ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 — South Bradenton
- Score
- 77/100
- State rank
- #195
- US rank
- #3092
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- South Bradenton, FL
- County
- Manatee County · 447,342 people
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 17,682
- Household income
- $64,244
- Rent vs Own
- Severe rent burden
- 17% of renters
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 (68%)
- Race & ethnicity
- White 68% Hispanic / Latino 20% Black 8% Two or more races 7% Asian 2%
- Hispanic origin (detail)
- Mexican 4% Puerto Rican 3% Cuban 7%
- Common ancestry
- Hispanic 4% Romanian 3% Lithuanian 3%
- Foreign-born
- 17% · Canada, China, Jamaica
- Languages at home
- 76% English-only · Spanish 15% French/Haitian/Cajun 4% 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
- ▼ -162.68%
- Current HPI
- 246.9247
- Rent YoY
- ▼ -6.08%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
1 event — show timeline
- 2026-06-19 Listed $190,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…