8229 Miramar Way #204 · Lakewood Ranch, FL 34202

$359,000

3 bd · 2.0 ba · 2,212 sqft · Condo · 9 Days on market

Built 2007 Good condition Garage $162/sqft · 24% below area Est $471k · 24% under $550/mo HOA · 18% of rent

---

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
• Schools +7.1/10.0
• Cash flow +6.8/30.0
• Appreciation +4.4/10.0
• Condition / age +3.8/5.0
• 1% rule +3.7/10.0
• Livability +2.5/5.0
• Rent growth +2.4/5.0
• DSCR +1.0/10.0

Listing remarks MLS

JACKPOT!!! This meticulously maintained condo with 3 bedrooms plus den is nestled into the private/gated/maintenance-free enclave of Miramar in Lakewood Ranch, the 2nd BEST-SELLING community in America. Whether you are looking for a year-round home or a part-time lock-and-leave seasonal escape, the luxury finishes throughout 2,212 sq. ft. will surpass your expectations. Freshly painted, this well-designed floor plan boasts an airy living room with ceramic tiled floors, high ceiling and sliders to balcony. The generous master suite features private access to balcony, dual walk-in closets, soaking tub and walk-in shower. The kitchen has granite countertops, gas range, oversized pantry, built-in desk and dinette/bonus area. This 2nd floor condo is the total package with a 2-car garage and storage below. Live like you won the lottery with a heated resort pool and spa, large clubhouse with fitness center, meeting and card rooms. Enjoy access to miles of walking/bicycle trails, close proximity to Main Street shopping, dining, movie theater, University Town Center Mall, famous beaches, easy access to I-75 and now a Publix across the street. INCREDIBLE VALUE!

Key facts

• Ample cabinetry
• Screened lanai
• En suite bath

Tags

• OPEN CONCEPT LAYOUT
• SCREENED LANAI
• AMPLE CABINETRY
• SOLID SURFACE COUNTERTOPS
• GENEROUS CLOSET SPACE
• EN SUITE BATH

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $359k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-557 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $278k (22.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $313k (12.8% below list).
• Recommended offer: $278k (22.5% below list) — sets the bar for cash-flow.
• Cap rate 4.4% vs local median 3.0% in Lakewood Ranch — 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: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• 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: Robert Willis Elementary School (math 83% / reading 79%, grade A+, #95 of 2,144 statewide, top 5%, 765 students, 22% FRL); R. Dan Nolan Middle School (math 79% / reading 72%, grade A, #38 of 571 statewide, top 7%, 760 students, 28% FRL); Lakewood Ranch High School (math 47% / reading 63%, grade C, #135 of 667 statewide, top 20%, 2,435 students, 22% FRL) — zoned schools average 24% FRL vs 51% district-wide (27 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 70% at this address vs 52% district-wide (+18 pts) — the actual schools serving this property are materially stronger than the Manatee average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents soft (-0.5%/yr); 614 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals lingering (median 126d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 74% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 31% of the median local income ($122k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-1.2%/yr); year-one equity from $2k 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

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 7y 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 $267k; 34% 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 $278,335 (22.5% below list)

Questions for the listing agent

1. 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?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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 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: 0.87% ✗
• Cap rate: 4.43%
• Cash-on-cash: -6.65%
• DSCR: 0.70
• GRM: 9.6

CMA / ARV

• ARV (median comp): $470,789
• List price: $359,000
• Delta: -23.75%
• 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
8141 Miramar Way #8141	0.11mi	3/2.0	1,840 (-17%)	0mo	$305,000	$166	69
7241 Orchid Island Pl	0.82mi	2/2.0 (-1)	2,260 (+2%)	0mo	$551,000	$244	56
7163 Sandhills Pl	0.42mi	2/2.0 (-1)	1,949 (-12%)	1mo	$541,000	$278	55
7622 Desert Inn Way	1.23mi	2/2.0 (-1)	2,121 (-4%)	1mo	$675,000	$318	52
15308 Helmsdale Pl	0.93mi	3/2.5	2,028 (-8%)	1mo	$685,000	$338	48
7147 Sandhills Pl	0.45mi	2/2.0 (-1)	1,753 (-21%)	2mo	$575,000	$328	48
15414 Leven Links Pl	1.17mi	3/3.0	2,417 (+9%)	1mo	$1,025,000	$424	45
7216 Presidio Gln	1.44mi	2/2.0 (-1)	1,903 (-14%)	0mo	$420,000	$221	36
14911 Castle Park Ter	1.48mi	3/3.0	2,665 (+20%)	1mo	$980,000	$368	35
7217 Orchid Island Pl	0.81mi	2/2.0 (-1)	1,867 (-16%)	0mo	$400,000	$214	35
6659 Pebble Beach Way	1.43mi	2/2.0 (-1)	1,780 (-20%)	1mo	$585,000	$329	34
15402 Castle Park Ter	1.50mi	3/3.5	2,686 (+21%)	2mo	$1,300,000	$484	33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.2% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -18.2%
• Equity multiple: 0.26×
• Total profit: $-74,534
• Equity at exit: $83,246

10-year hold

• IRR: -15.4%
• Equity multiple: -0.18×
• Total profit: $-118,552
• Equity at exit: $84,539

Cash invested: $100,520 (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 34202

• Home prices YoY: -0.5%
• Rents YoY: -0.5%
• Active inventory: 614
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $3,131 high
• Mortgage (P&I): −$1,883
• Tax est. 1.5%: −$449 /mo · $5,385/yr
• Insurance: −$150
• HOA: −$550
• Vacancy / Maint / Mgmt: −$658
• Net cashflow: $-557

Break-even live

Break-even rent $3,837

Max offer price $278,335

Occupancy floor —

Sensitivity live

Price	-10% $-309	-5% $-433	+0% $-557	+5% $-682	+10% $-806
Rent	-10% $-805	-5% $-681	+0% $-557	+5% $-434	+10% $-310
Rate	-1.0pp $-377	-0.5pp $-466	base $-557	+0.5pp $-650	+1.0pp $-745

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: $89,750
• Closing costs: $10,770
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8143 Miramar Way Unit 8143 Bradenton, FL	3.0	2.0	1616	$2,100	$1.30	127d	1	0.08mi
8263 Miramar Way Lakewood Ranch, FL	3.0	2.0	1812	$4,000	$2.21	10d	1	0.09mi
8263 Miramar Way Lakewood Ranch, FL	3.0	2.0	1812	$4,000	$2.21	164d	1	0.09mi
8261 Miramar Way #202 Lakewood Ranch, FL	3.0	2.0	1812	$2,600	$1.43	118d	1	0.09mi
8142 Miramar Way Lakewood Ranch, FL	3.0	2.5	2262	$2,950	$1.30	127d	1	0.10mi
8361 Miramar Way Lakewood Ranch, FL	3.0	2.0	1812	$2,499	$1.38	2d	1	0.22mi
8363 Miramar Way Unit 203 Lakewood Ranch, FL	3.0	2.0	1812	$3,000	$1.66	125d	1	0.23mi
14506 Stellar Pl Bradenton, FL	4.0	3.0	1848	$3,525	$1.91	125d	1	0.40mi
14506 Stellar Pl Bradenton, FL	4.0	3.0	1848	$2,800	$1.52	1d	1	0.40mi
8044 Gulfstream Ct Bradenton, FL	2.0–4.0	2.5–3.0	1783	$3,333	$1.87	110d	5	0.40mi
8044 Gulfstream Ct #14318 Lakewood Ranch, FL	4.0	3.0	2183	$3,950	$1.81	1d	1	0.40mi
8044 Gulfstream Ct #14409 Lakewood Ranch, FL	4.0	3.5	2424	$4,050	$1.67	1d	1	0.40mi
7171 Boca Grove Pl #204 Lakewood Ranch, FL	2.0	2.0	1552	$2,500	$1.61	123d	1	0.42mi
14527 Stellar Pl Bradenton, FL	3.0	2.5	1539	$2,700	$1.75	133d	1	0.44mi
14551 Stellar Pl Bradenton, FL	3.0	2.5	1539	$2,525	$1.64	9d	1	0.45mi
8406 Wethersfield Run #104 Lakewood Ranch, FL	2.0	2.0	1552	$2,100	$1.35	164d	1	0.63mi
7244 Orchid Island Pl Bradenton, FL	4.0	3.0	2538	$5,800	$2.29	144d	1	0.77mi
7423 Riviera Cv Lakewood Ranch, FL	3.0	2.0	1970	$3,000	$1.52	144d	1	1.13mi
7423 Riviera Cv Lakewood Ranch, FL	3.0	2.0	1970	$3,000	$1.52	133d	1	1.13mi
7423 Riviera Cv Lakewood Ranch, FL	3.0	2.0	1970	$3,000	$1.52	125d	1	1.13mi
6836 Bay Hill Dr Lakewood Ranch, FL	3.0	2.5	2132	$2,950	$1.38	127d	1	1.17mi
19015 Scallop LOOP #108 Lakewood Ranch, FL	2.0	2.0	1569	$3,000	$1.91	55d	1	1.21mi
19015 Scallop LOOP #106 Lakewood Ranch, FL	2.0	2.0	1569	$2,500	$1.59	164d	1	1.21mi
19015 Scallop LOOP #101 Lakewood Ranch, FL	2.0	2.0	1569	$2,575	$1.64	10d	1	1.21mi
19015 Scallop LOOP #104 Lakewood Ranch, FL	2.0	2.0	1569	$2,300	$1.47	164d	1	1.21mi
14551 Whitemoss Ter Lakewood Ranch, FL	3.0	2.0	2148	$3,100	$1.44	47d	1	1.32mi
14551 Whitemoss Ter Lakewood Ranch, FL	3.0	2.0	2148	$3,700	$1.72	125d	1	1.33mi
14551 Whitemoss Ter Lakewood Ranch, FL	3.0	2.0	2148	$3,700	$1.72	133d	1	1.33mi
7236 Presidio Gln Lakewood Ranch, FL	2.0	2.0	2153	$3,500	$1.63	164d	1	1.37mi
7223 Presidio Gln Lakewood Ranch, FL	2.0	2.0	1572	$6,500	$4.13	47d	1	1.40mi
7159 Westhill Ct Lakewood Ranch, FL	2.0	2.0	1608	$3,600	$2.24	2d	1	1.46mi

Property features AI

Finance

• Other: Elevator
• HOA & community: Community amenities include a clubhouse, pool, golf, and sidewalksAssociation amenities include a pool and spa/hot tubAssociation fees include pool, building and grounds maintenance, management, pest control, recreational facilities, security, sewer, and trashBuyer approval requiredDeed restrictionsCats and dogs allowed; pet weight limit of 75 poundsNo truck, RV, or motorcycle parking

Exterior

• Parking: Attached garage
• Security: Gated communitySecurity gate
• Utilities: Public waterPublic sewerElectricity connectedNatural gas connectedCable availableInternet availableUnderground utilities
• Home design: TownhouseTwo storiesNorthwest-facing
• Construction: Block constructionTile roofSlab foundation
• Exterior features: Covered, screened patioBalconyExterior lightingRain guttersSidewalksMasonry fenceMature landscaping and treesNear a golf course

Interior

• Kitchen: DishwasherMicrowaveRangeRefrigerator
• Bedrooms: 3 bedrooms
• Flooring: CarpetCeramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central electric heatingCentral air conditioning
• Interior features: Ceiling fansCrown moldingEat-in kitchenKitchen and family room combinationLiving and dining room combinationOpen floor planSolid wood cabinetsStone countertopsThermostatWalk-in closetsDen, library, or office
• Laundry & utility: Laundry closet

HOA detail $550/mo · $6,600/yr condo

• Likely covers: gaspoolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 29 events

1. 2026-11-08
   days on market $359,000 Active 9 DOM
2. 2026-11-07
   days on market $359,000 Active 8 DOM
3. 2026-11-06
   days on market $359,000 Active 7 DOM
4. 2026-11-05
   days on market $359,000 Active 6 DOM
5. 2026-11-04
   days on market $359,000 Active 5 DOM
6. 2026-11-02
   days on market $359,000 Active 3 DOM
7. 2026-11-01
   days on market $359,000 Active 2 DOM
8. 2026-10-30
   days on marketlisting id $359,000 Active 1 DOM
9. 2026-06-17
   days on market $359,000 Active 55 DOM
10. 2026-06-16
    days on market $359,000 Active 54 DOM
11. 2026-06-15
    days on market $359,000 Active 53 DOM
12. 2026-06-13
    days on market $359,000 Active 51 DOM
13. 2026-06-13
    days on market $359,000 Active 50 DOM
14. 2026-06-10
    days on market $359,000 Active 48 DOM
15. 2026-06-09
    days on market $359,000 Active 47 DOM
16. 2026-06-08
    days on market $359,000 Active 46 DOM
17. 2026-06-08
    days on market $359,000 Active 45 DOM
18. 2026-06-03
    days on market $359,000 Active 41 DOM
19. 2026-06-02
    days on market $359,000 Active 40 DOM
20. 2026-06-01
    days on market $359,000 Active 39 DOM
21. 2026-05-31
    days on market $359,000 Active 38 DOM
22. 2026-05-15
    price $369,000
23. 2026-05-02
    price $375,000
24. 2026-04-23
    listed $390,000 Active
25. 2019-05-24
    soldstatus $267,000 Sold 1245-char remark

    Show marketing remark (1245 chars)

    JACKPOT!!! This meticulously maintained condo with 3 bedrooms plus den is nestled into the private/gated/maintenance-free enclave of Miramar in Lakewood Ranch, the 2nd BEST-SELLING community in America. Whether you are looking for a year-round home or a part-time lock-and-leave seasonal escape, the luxury finishes throughout 2,212 sq. ft. will surpass your expectations. Freshly painted, this well-designed floor plan boasts an airy living room with ceramic tiled floors, high ceiling and sliders to balcony. The generous master suite features private access to balcony, dual walk-in closets, soaking tub and walk-in shower. The kitchen has granite countertops, gas range, oversized pantry, built-in desk and dinette/bonus area. This 2nd floor condo is the total package with a 2-car garage and storage below. Live like you won the lottery with a heated resort pool and spa, large clubhouse with fitness center, meeting and card rooms. Enjoy access to miles of walking/bicycle trails, close proximity to Main Street shopping, dining, movie theater, University Town Center Mall, famous beaches, easy access to I-75 and now a Publix across the street. INCREDIBLE VALUE! * * WITH ACCEPTABLE OFFER, SELLER WILL PAY 1 YEAR WORTH OF HOA FEES * *

26. 2019-05-02
    status Pending 1245-char remark

    Show marketing remark (1245 chars)

    JACKPOT!!! This meticulously maintained condo with 3 bedrooms plus den is nestled into the private/gated/maintenance-free enclave of Miramar in Lakewood Ranch, the 2nd BEST-SELLING community in America. Whether you are looking for a year-round home or a part-time lock-and-leave seasonal escape, the luxury finishes throughout 2,212 sq. ft. will surpass your expectations. Freshly painted, this well-designed floor plan boasts an airy living room with ceramic tiled floors, high ceiling and sliders to balcony. The generous master suite features private access to balcony, dual walk-in closets, soaking tub and walk-in shower. The kitchen has granite countertops, gas range, oversized pantry, built-in desk and dinette/bonus area. This 2nd floor condo is the total package with a 2-car garage and storage below. Live like you won the lottery with a heated resort pool and spa, large clubhouse with fitness center, meeting and card rooms. Enjoy access to miles of walking/bicycle trails, close proximity to Main Street shopping, dining, movie theater, University Town Center Mall, famous beaches, easy access to I-75 and now a Publix across the street. INCREDIBLE VALUE! * * WITH ACCEPTABLE OFFER, SELLER WILL PAY 1 YEAR WORTH OF HOA FEES * *

27. 2019-03-04
    price $279,900 1245-char remark

    Show marketing remark (1245 chars)

    JACKPOT!!! This meticulously maintained condo with 3 bedrooms plus den is nestled into the private/gated/maintenance-free enclave of Miramar in Lakewood Ranch, the 2nd BEST-SELLING community in America. Whether you are looking for a year-round home or a part-time lock-and-leave seasonal escape, the luxury finishes throughout 2,212 sq. ft. will surpass your expectations. Freshly painted, this well-designed floor plan boasts an airy living room with ceramic tiled floors, high ceiling and sliders to balcony. The generous master suite features private access to balcony, dual walk-in closets, soaking tub and walk-in shower. The kitchen has granite countertops, gas range, oversized pantry, built-in desk and dinette/bonus area. This 2nd floor condo is the total package with a 2-car garage and storage below. Live like you won the lottery with a heated resort pool and spa, large clubhouse with fitness center, meeting and card rooms. Enjoy access to miles of walking/bicycle trails, close proximity to Main Street shopping, dining, movie theater, University Town Center Mall, famous beaches, easy access to I-75 and now a Publix across the street. INCREDIBLE VALUE! * * WITH ACCEPTABLE OFFER, SELLER WILL PAY 1 YEAR WORTH OF HOA FEES * *

28. 2019-02-01
    price $289,900 1245-char remark

    Show marketing remark (1245 chars)

    JACKPOT!!! This meticulously maintained condo with 3 bedrooms plus den is nestled into the private/gated/maintenance-free enclave of Miramar in Lakewood Ranch, the 2nd BEST-SELLING community in America. Whether you are looking for a year-round home or a part-time lock-and-leave seasonal escape, the luxury finishes throughout 2,212 sq. ft. will surpass your expectations. Freshly painted, this well-designed floor plan boasts an airy living room with ceramic tiled floors, high ceiling and sliders to balcony. The generous master suite features private access to balcony, dual walk-in closets, soaking tub and walk-in shower. The kitchen has granite countertops, gas range, oversized pantry, built-in desk and dinette/bonus area. This 2nd floor condo is the total package with a 2-car garage and storage below. Live like you won the lottery with a heated resort pool and spa, large clubhouse with fitness center, meeting and card rooms. Enjoy access to miles of walking/bicycle trails, close proximity to Main Street shopping, dining, movie theater, University Town Center Mall, famous beaches, easy access to I-75 and now a Publix across the street. INCREDIBLE VALUE! * * WITH ACCEPTABLE OFFER, SELLER WILL PAY 1 YEAR WORTH OF HOA FEES * *

29. 2019-01-03
    listed $299,900 Active 1245-char remark

    Show marketing remark (1245 chars)

    JACKPOT!!! This meticulously maintained condo with 3 bedrooms plus den is nestled into the private/gated/maintenance-free enclave of Miramar in Lakewood Ranch, the 2nd BEST-SELLING community in America. Whether you are looking for a year-round home or a part-time lock-and-leave seasonal escape, the luxury finishes throughout 2,212 sq. ft. will surpass your expectations. Freshly painted, this well-designed floor plan boasts an airy living room with ceramic tiled floors, high ceiling and sliders to balcony. The generous master suite features private access to balcony, dual walk-in closets, soaking tub and walk-in shower. The kitchen has granite countertops, gas range, oversized pantry, built-in desk and dinette/bonus area. This 2nd floor condo is the total package with a 2-car garage and storage below. Live like you won the lottery with a heated resort pool and spa, large clubhouse with fitness center, meeting and card rooms. Enjoy access to miles of walking/bicycle trails, close proximity to Main Street shopping, dining, movie theater, University Town Center Mall, famous beaches, easy access to I-75 and now a Publix across the street. INCREDIBLE VALUE! * * WITH ACCEPTABLE OFFER, SELLER WILL PAY 1 YEAR WORTH OF HOA FEES * *

ⓘ 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 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°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

Taxation est. · year 1

• Rental income: $37,572
• − Mortgage interest: −$20,110
• − Property taxes: −$5,385
• − Insurance: −$1,795
• − Repairs & maintenance: −$3,006
• − Management: −$3,006
• − HOA: −$6,600
• − Depreciation: −$10,444
• Taxable loss: −$12,772
• Est. tax savings @ 24.0%: +$3,065
• After-tax cash flow: $-3,624/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 · 8 photos

Good 75/100 Cosmetic rehab Est. rehab $11,060–$33,180 screening

This well-maintained and updated condo is in excellent condition, ready for immediate occupancy. It offers a great value with potential for further improvements to enhance its curb appeal and functionality.

Value-add opportunities

• Both Painting the exterior — Enhances curb appeal and value ↑
• Both Landscaping improvements — Enhances curb appeal and value ↑
• Both New flooring in common areas — Enhances aesthetics and value ↑
• Both New kitchen appliances — Enhances functionality and value ↑

ⓘ 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.

B Composite school gradezoned avg 70/100

Zoned Schools

Elementary Robert Willis Elementary School A+ FL #95/2,144 Nat'l #1,082/41,679 Middle R. Dan Nolan Middle School A FL #38/571 Nat'l #472/14,009 High Lakewood Ranch High School C FL #135/667 Nat'l #4,413/17,239

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 — Lakewood Ranch

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Lakewood Ranch, FL
• County: Manatee County · 447,342 people
• City population: 52,177
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 27,197
• Household income: $121,659
• Rent vs Own: 20.8% rent · 79.2% own
• Severe rent burden: 16% 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 (80%)
• Race & ethnicity: White 80% Two or more races 10% Hispanic / Latino 9% Asian 3% Black 2%
• Hispanic origin (detail): Puerto Rican 4% Cuban 2%
• Languages at home: 88% English-only · Spanish 5% Arabic 1% Other Asian/Pacific 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: ▼ -1.20%
• Current HPI: 240.7087
• Rent YoY: ▼ -0.54%
• 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

Property features AI

Finance

• Other: Elevator
• HOA & community: Community amenities include a clubhouse, pool, golf, and sidewalksAssociation amenities include a pool and spa/hot tubAssociation fees include pool, building and grounds maintenance, management, pest control, recreational facilities, security, sewer, and trashBuyer approval requiredDeed restrictionsCats and dogs allowed; pet weight limit of 75 poundsNo truck, RV, or motorcycle parking

Exterior

• Parking: Attached garage
• Security: Gated communitySecurity gate
• Utilities: Public waterPublic sewerElectricity connectedNatural gas connectedCable availableInternet availableUnderground utilities
• Home design: TownhouseTwo storiesNorthwest-facing
• Construction: Block constructionTile roofSlab foundation
• Exterior features: Covered, screened patioBalconyExterior lightingRain guttersSidewalksMasonry fenceMature landscaping and treesNear a golf course

Interior

• Kitchen: DishwasherMicrowaveRangeRefrigerator
• Bedrooms: 3 bedrooms
• Flooring: CarpetCeramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central electric heatingCentral air conditioning
• Interior features: Ceiling fansCrown moldingEat-in kitchenKitchen and family room combinationLiving and dining room combinationOpen floor planSolid wood cabinetsStone countertopsThermostatWalk-in closetsDen, library, or office
• Laundry & utility: Laundry closet

Price history

+19.7% since first listed

7 events — show timeline

• 2026-10-30 Listed $359,000 Stellar MLS as Distributed by MLS Grid
• 2026-06-17 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2019-05-24 Sold (MLS) $267,000 Stellar MLS as Distributed by MLS Grid
• 2019-05-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-03-04 Price Changed $279,900 Stellar MLS as Distributed by MLS Grid
• 2019-02-01 Price Changed $289,900 Stellar MLS as Distributed by MLS Grid
• 2019-01-03 Listed $299,900 Stellar MLS as Distributed by MLS Grid