4808 19th St W · South Bradenton, FL 34207

$325,000

4 bd · 2.0 ba · 1,889 sqft · MultiFamily public records · 62 Days on market

Built 1959 0.39 ac lot Est $387k · 16% under

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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 +21.5/30.0
• ARV discount +14.7/15.0
• DSCR +6.9/10.0
• 1% rule +5.8/10.0
• Schools +4.4/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +1.1/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Well maintained Duplex. 4808 is a 2/1 and 4810 is a 1/1. Brand new roof in March of 2020. The oversized yard has been well maintained by the current tenants. Each unit is a little over 900 sq ft under air. 4808 has an attached garage and 4810 has a carport. The 1/1 could be converted to a 2/1. This Duplex is on one meter. Average water bill is $100/month. Could be used for Short or Long term Rental. Current rent is $805 for the 1/1 and $955 for the two one but could easily be higher. Current tenants are on a month to month lease but would like to be given the opportunity to stay. Located in the heart of Bradenton and in close proximity to Sarasota and Anna Maria Island. IMG academy and SCF are approximately 5 minutes away and USF and New College are about 10 minutes.

Key facts

• Oversized lot
• 0.39 acre lot
• Garage

Tags

• INVESTMENT OPPORTUNITY
• INCOME PRODUCING DUPLEX
• OVERSIZED LOT
• STRONG RENTAL POTENTIAL
• COVERED AND SCREENED PORCHES
• WASHER AND DRYER HOOKUPS

Property features AI

Finance

• Other: Total living area reported: 1,889 (public records); Total building area reported: 3,072 (public records); Total number of buildings on site: 1
• Financial info: Gross income: $32,742; Annual net income: $13,999; Pro forma rents indicated: $1,600 for the 2-bedroom unit; $1,250 for the 1-bedroom unit
• HOA & community: No association

Exterior

• Parking: Attached garage (1 garage space); Carport (1 carport space)
• Utilities: Public water; Public sewer; Public utilities
• Home design: Duplex (residential income property); Single building containing both units; Zoned RDD6
• Construction: Block construction; Shingle roof; Block foundation; Built on a 0.39-acre lot (approximately 1/4 to less than 1/2 acre)
• Exterior features: Fence; Paved road access

Interior

• Kitchen: Eat-in kitchen(s)
• Bedrooms: 3 bedrooms total; Unit mix: one 2-bedroom unit and one 1-bedroom unit
• Bathrooms: Each unit has 1 bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen
• Laundry & utility: Laundry located in garage; Laundry located in kitchen

What this means for you Summary

Snapshot

• This is a 2 × 3-bed/1.0-bath units multifamily listed at $325k.

Deal economics

• At list price, monthly cash flow is $490 ($6k/yr) — positive. Per door: $245/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $325k).
• Recommended offer: $306k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 4.1% in South 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 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.
• Market conditions: Rents falling (-5.5%/yr); 361 active listings in the ZIP; 16 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).
• At $3,510/mo this rent would consume 94% of the median local household income ($45k/yr) (locally 1474% 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 $10k 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 62 days — a 6% lower offer ($306k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 20y ago; this cycle's ask has dropped $50k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1959 — 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 $305,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 1.08% ✓
• Cap rate: 8.10%
• Cash-on-cash: 6.46%
• DSCR: 1.29
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $387,245
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5002 21st St W Unit A and B	0.18mi	4/2.0	1,680 (-11%)	11mo	$340,000	$202	64
2109 51st Ave W	0.27mi	5/2.0 (+1)	1,808 (-4%)	23mo	$425,000	$235	56
5319 24th St W	0.68mi	3/3.0 (-1)	1,827 (-3%)	11mo	$301,000	$165	45
2812 51st Avenue Ter W	0.69mi	4/4.0	1,782 (-6%)	9mo	$365,000	$205	43

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: -9.8%
• Equity multiple: 0.65×
• Total profit: $-31,688
• Equity at exit: $48,459

10-year hold

• IRR: -5.3%
• Equity multiple: 0.70×
• Total profit: $-26,880
• Equity at exit: $28,100

Cash invested: $91,000 (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 34207

• Rents YoY: -5.5%
• Active inventory: 361
• Price-to-rent: 15.4×

Monthly cashflow live

• Estimated rent: $3,510 high
• Mortgage (P&I): −$1,704
• Tax from tax record: −$443 /mo · $5,322/yr
• Insurance: −$135
• HOA: −$0
• Vacancy / Maint / Mgmt: −$737
• Net cashflow: $490

Break-even live

Break-even rent $2,890

Max offer price $325,000

Occupancy floor 81%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	3	1	$3,510
Total (2 units)			$3,510

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: $81,250
• Closing costs: $9,750
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
907 Fruitland Ave Bradenton, FL	3.0	2.0	1677	$2,450	$1.46	23d	1	0.61mi
5607 20th St W Unit 5607 Bradenton, FL	3.0	2.0	1988	$1,900	$0.96	23d	1	0.91mi
3441 51st Avenue Cir W Unit 213 Bradenton, FL	3.0	2.0	1823	$3,900	$2.14	23d	1	1.06mi
5580 Fountain Lake Cir Bradenton, FL	1.0–3.0	1.0–2.0	1052	$2,367	$2.25	2d	38	1.12mi
3401 54th Dr W Bradenton, FL	2.0–3.0	2.0–3.0	1293	$4,500	$3.48	3d	3	1.20mi
5125 39th St W Unit 1545695P Bradenton, FL	3.0	2.0	1593	$4,526	$2.84	14d	1	1.23mi
3510 54th Dr W #102 Bradenton, FL	3.0	3.0	1981	$5,900	$2.98	16d	1	1.25mi
3510 54th Dr W #103 Bradenton, FL	3.0	3.0	1795	$5,500	$3.06	3d	1	1.25mi
3510 54th Dr W #101 Bradenton, FL	3.0	3.0	1795	$5,000	$2.79	3d	1	1.25mi
3702 54th Dr W Bradenton, FL	2.0–3.0	2.0–3.0	1327	$4,900	$3.69	3d	2	1.34mi
2916 24th St W Bradenton, FL	3.0	2.0	1764	$1,800	$1.02	23d	1	1.35mi
3705 54th Dr W Unit N202 Bradenton, FL	4.0	4.0	2400	$7,500	$3.12	16d	1	1.35mi
3705 54th Dr W #103 Bradenton, FL	3.0	3.0	1650	$4,700	$2.85	16d	1	1.35mi
3705 54th Dr W #201 Bradenton, FL	3.0	3.0	1650	$5,500	$3.33	16d	1	1.35mi
3411 57th Avenue Dr W Bradenton, FL	3.0	2.0	1326	$2,100	$1.58	23d	1	1.36mi
4107 41st St W Bradenton, FL	3.0	2.0	1419	$3,700	$2.61	23d	1	1.49mi

Listing history 21 events

1. 2026-06-16
   statusdays on market $325,000 Pending 62 DOM
2. 2026-06-16
   pricestatus $325,000 Active 61 DOM
3. 2026-06-10
   status $350,000 Pending 61 DOM
4. 2026-06-09
   days on market $350,000 Active 61 DOM
5. 2026-06-08
   days on market $350,000 Active 60 DOM
6. 2026-06-08
   days on market $350,000 Active 59 DOM
7. 2026-06-03
   days on market $350,000 Active 55 DOM
8. 2026-06-02
   status $350,000 Active 54 DOM
9. 2026-05-24
   status Pending
10. 2026-05-14
    price $350,000
11. 2026-04-30
    price $365,000
12. 2026-03-31
    listed $375,000 Active
13. 2021-11-12
    soldstatus $295,000
14. 2021-11-09
    soldstatus $295,000 Closed 777-char remark

    Show marketing remark (777 chars)

    Well maintained Duplex. 4808 is a 2/1 and 4810 is a 1/1. Brand new roof in March of 2020. The oversized yard has been well maintained by the current tenants. Each unit is a little over 900 sq ft under air. 4808 has an attached garage and 4810 has a carport. The 1/1 could be converted to a 2/1. This Duplex is on one meter. Average water bill is $100/month. Could be used for Short or Long term Rental. Current rent is $805 for the 1/1 and $955 for the two one but could easily be higher. Current tenants are on a month to month lease but would like to be given the opportunity to stay. Located in the heart of Bradenton and in close proximity to Sarasota and Anna Maria Island. IMG academy and SCF are approximately 5 minutes away and USF and New College are about 10 minutes.

15. 2021-10-11
    status Pending 777-char remark

    Show marketing remark (777 chars)

    Well maintained Duplex. 4808 is a 2/1 and 4810 is a 1/1. Brand new roof in March of 2020. The oversized yard has been well maintained by the current tenants. Each unit is a little over 900 sq ft under air. 4808 has an attached garage and 4810 has a carport. The 1/1 could be converted to a 2/1. This Duplex is on one meter. Average water bill is $100/month. Could be used for Short or Long term Rental. Current rent is $805 for the 1/1 and $955 for the two one but could easily be higher. Current tenants are on a month to month lease but would like to be given the opportunity to stay. Located in the heart of Bradenton and in close proximity to Sarasota and Anna Maria Island. IMG academy and SCF are approximately 5 minutes away and USF and New College are about 10 minutes.

16. 2021-10-04
    listed $279,000 Active 777-char remark

    Show marketing remark (777 chars)

    Well maintained Duplex. 4808 is a 2/1 and 4810 is a 1/1. Brand new roof in March of 2020. The oversized yard has been well maintained by the current tenants. Each unit is a little over 900 sq ft under air. 4808 has an attached garage and 4810 has a carport. The 1/1 could be converted to a 2/1. This Duplex is on one meter. Average water bill is $100/month. Could be used for Short or Long term Rental. Current rent is $805 for the 1/1 and $955 for the two one but could easily be higher. Current tenants are on a month to month lease but would like to be given the opportunity to stay. Located in the heart of Bradenton and in close proximity to Sarasota and Anna Maria Island. IMG academy and SCF are approximately 5 minutes away and USF and New College are about 10 minutes.

17. 2008-07-11
    soldstatus $110,000 46-char remark

    Show marketing remark (46 chars)

    Bank-Owned Duplex near mcc. Great opportunity.

18. 2008-02-27
    listed $117,900 46-char remark

    Show marketing remark (46 chars)

    Bank-Owned Duplex near mcc. Great opportunity.

19. 2006-08-04
    listed $267,000
20. 2002-04-29
    soldstatus $132,000
21. 1997-11-03
    soldstatus $82,500

ⓘ 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: $5,322 · $443/mo
• Projected year-2 tax: $5,322 · $443/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 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: $42,120
• − Mortgage interest: −$18,205
• − Property taxes: −$5,322
• − Insurance: −$1,625
• − Repairs & maintenance: −$3,370
• − Management: −$3,370
• − Depreciation: −$9,455
• Taxable income: $774
• Est. tax owed @ 24.0%: −$186
• After-tax cash flow: $5,690/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 — South Bradenton

• Score: 77/100
• State rank: #195
• US rank: #3092

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Bradenton, FL
• County: Manatee County · 416,364 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 34,081
• Household income: $45,010
• Rent vs Own: 38.8% rent · 61.2% own
• Severe rent burden: 1474.0

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: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 58% Hispanic / Latino 29% Two or more races 13% Black 7%
• Hispanic origin (detail): Mexican 12% Puerto Rican 4% Cuban 3% Dominican 1%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 2%
• Foreign-born: 16% · Canada, Jamaica
• Languages at home: 74% English-only · Spanish 22% Other Indo-European 1% French/Haitian/Cajun 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: ▼ -305.32%
• Current HPI: 369.9899
• Rent YoY: ▼ -5.50%
• 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

+324.2% since first listed

13 events — show timeline

• 2026-05-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-14 Price Changed $350,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-30 Price Changed $365,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-31 Listed $375,000 Stellar MLS as Distributed by MLS Grid
• 2021-11-12 Sold (Public Records) $295,000 Public Records
• 2021-11-09 Sold (MLS) $295,000 Stellar MLS as Distributed by MLS Grid
• 2021-10-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-10-04 Listed $279,000 Stellar MLS as Distributed by MLS Grid
• 2008-07-11 Sold (MLS) $110,000 Stellar MLS as Distributed by MLS Grid
• 2008-02-27 Listed $117,900 Stellar MLS as Distributed by MLS Grid
• 2006-08-04 Listed $267,000 Stellar MLS as Distributed by MLS Grid
• 2002-04-29 Sold (Public Records) $132,000 Public Records
• 1997-11-03 Sold (Public Records) $82,500 Public Records

Property tax history

+9.9%/yr

Latest (2025): $5,322 · +1.4% YoY. Source: county tax records.