4199 Banbury Cir · Bradenton, FL 34219

$349,900

3 bd · 2.0 ba · 1,812 sqft · SingleFamily public records · 53 Days on market

Built 2000 10,846 sqft lot Est $413k · 15% under $75/mo HOA · 3% of rent

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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 +14.4/15.0
• Cash flow +12.8/30.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• DSCR +3.8/10.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

BUYER WALKED! BACK ON THE MARKET! IN THE SYSTEM! BANK JUST HAD IT APPRAISED! WAITING ON BANK TO MAKE A DECISION AS TO WHAT IT WILL TAKE ON A SHORT! You have heard this is the way to by a short sale. Leg work has already been done. Slide in and get the deal after someone else started the process and put in the time! GOT TO SELL NOW! Opportunity to own this well maintained home in a popular community. Split plan design home with vaulted ceilings. White kitchen with breakfast bar that overlooks the greatroom. Separate dining room, indoor utility anda screened lanai. Tile flooring in wet areas, carpet otherwise. Custom added chair rail, wainscoting, fluted wood trimmed doors and warm two tone paint scheme shows a pride of ownership. Arched interior entries provides a touch of classic charm. Private fenced a backyard fronting a preserve area. Nicely manicured yard with curbing. Community Rec, pool, tot lot and basketball. NO CDD'S in this family friendly community! Call for a preview. Easy to see.

Key facts

• 0.25 acre lot
• 2 garage spots
• Community pool

Property features AI

Finance

• Other: Property zoned PDR; Total lot about 0.25 acres (1/4 to less than 1/2 acre); No waterfront or water access
• Financial info: Lease restrictions apply
• HOA & community: Community managed by Gulf Coast Community Management; HOA required with approval process; Monthly HOA approximately $75 (quarterly fee $225); Association amenities include clubhouse, pool, spa/hot tub, park, playground, basketball court, trails, dog park, sidewalks; vehicle restrictions apply; Pets allowed with limits

Exterior

• Parking: Attached 2-car garage (20x20) with garage door opener; Driveway
• Security: Smoke detector(s)
• Utilities: Public water; Private sewer; Electricity connected; Water connected; Sewer connected; Cable connected; BB/HS Internet available; Underground utilities; Fire hydrant nearby
• Home design: Single family residence; One story; Northwest facing; Accessible approach with ramp; Completed condition; Homestead exempt
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Built with solar energy generation
• Exterior features: Covered rear porch; Screened porch; Sliding doors; Rain gutters; Wood fencing; Shed(s); Mature landscaping with trees; Sidewalks; Paved asphalt road

Interior

• Kitchen: Convection oven; Cooktop; Range; Range hood; Microwave; Refrigerator; Freezer; Dishwasher; Garbage disposal; Ice maker; Kitchen/Family Room combo
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Cathedral ceilings; Ceiling fans; High ceilings; In-wall pest system; Kitchen and family room combo; Split bedroom floorplan; Walk-in closets; Window treatments; Blinds
• Laundry & utility: Inside laundry room; Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $-31 ($-378/yr) — negative.
• To cash-flow at today's rent, offer at most $344k (1.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $284k (19.0% below list).
• Recommended offer: $284k (19.0% below list) — sets the bar for 1% rule.
• Cap rate 6.2% 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.
• Zoned schools: William H. Bashaw Elementary (math 51% / reading 44%, grade D, #1,182 of 2,144 statewide, top 55%, 684 students, 69% FRL); Parrish Community High School (math 47% / reading 57%, grade D+, #160 of 667 statewide, top 25%, 2,017 students, 32% FRL) — zoned schools at 51% FRL track the district average.
• Market conditions: Rents soft (-0.9%/yr); 2194 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).

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 53 days — a 3% lower offer ($339k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y 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 $120k; list at $350k implies a 192% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $283,537 (19.0% 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. It's been on market 53 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.81% ✗
• Cap rate: 6.18%
• Cash-on-cash: -0.39%
• DSCR: 0.98
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $413,136
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11750 Fennemore Way	0.36mi	3/2.0	1,760 (-3%)	6mo	$485,000	$276	73
3516 Woodland Fern Dr	0.41mi	3/2.0	1,743 (-4%)	4mo	$375,000	$215	72
11811 Dunster Ln	0.25mi	4/2.0 (+1)	1,606 (-11%)	1mo	$380,000	$237	64
11809 Shrewsbury Ln	0.19mi	4/2.0 (+1)	1,601 (-12%)	4mo	$345,000	$215	64
3727 Wild Blossom Pl	0.27mi	2/2.0 (-1)	2,008 (+11%)	6mo	$560,000	$279	59
3315 Woodland Fern Dr	0.47mi	2/2.0 (-1)	1,646 (-9%)	1mo	$375,000	$228	57
3019 Woodland Fern Dr	0.57mi	2/2.0 (-1)	1,742 (-4%)	5mo	$325,000	$187	57
12147 Red Leaf Rd	0.49mi	3/2.0	2,016 (+11%)	1mo	$365,625	$181	57
4326 Forest Creek Trl	0.43mi	3/2.0	1,582 (-13%)	3mo	$305,000	$193	56
4211 Malickson Dr	0.34mi	4/2.0 (+1)	1,586 (-12%)	3mo	$331,500	$209	56
4608 Oliver Manor Dr	0.63mi	3/2.0	1,581 (-13%)	5mo	$370,000	$234	45
4109 Golden Creek Ter	0.68mi	2/2.0 (-1)	1,634 (-10%)	6mo	$385,000	$236	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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -20.2%
• Equity multiple: 0.32×
• Total profit: $-67,061
• Equity at exit: $52,171

10-year hold

• IRR: -21.0%
• Equity multiple: 0.05×
• Total profit: $-93,283
• Equity at exit: $30,253

Cash invested: $97,972 (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 34219

• Home prices YoY: -23.7%
• Rents YoY: -0.9%
• Active inventory: 2194
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,835 high
• Mortgage (P&I): −$1,835
• Tax from tax record: −$216 /mo · $2,589/yr
• Insurance: −$146
• HOA: −$75
• Vacancy / Maint / Mgmt: −$595
• Net cashflow: $-31

Break-even live

Break-even rent $2,875

Max offer price $344,337

Occupancy floor 96%

Sensitivity live

Price	-10% $167	-5% $68	+0% $-31	+5% $-131	+10% $-230
Rent	-10% $-255	-5% $-143	+0% $-31	+5% $81	+10% $193
Rate	-1.0pp $145	-0.5pp $58	base $-31	+0.5pp $-122	+1.0pp $-214

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: $87,475
• Closing costs: $10,497
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4213 Berkeley Dr Parrish, FL	3.0	2.0	1749	$2,485	$1.42	4d	1	0.21mi
11764 Shirburn Cir Parrish, FL	4.0	2.0	1606	$2,526	$1.57	5d	1	0.39mi
3511 Wild Blossom Pl Parrish, FL	3.0	2.0	1692	$2,500	$1.48	13d	1	0.41mi
11479 Walden Loop Parrish, FL	3.0	2.0	2408	$2,849	$1.18	25d	1	0.59mi
3775 Manorwood Loop Parrish, FL	3.0	2.0	2122	$3,300	$1.56	18d	1	0.67mi
11639 Old Florida Ln Parrish, FL	3.0	2.5	1692	$2,350	$1.39	21d	1	0.75mi
2910 122nd Ter E Parrish, FL	3.0	2.0	1830	$3,300	$1.80	25d	1	0.77mi
11465 Summit Rock Ct Parrish, FL	4.0	2.5	2434	$2,975	$1.22	25d	1	0.79mi
12352 49th St E Parrish, FL	4.0	3.0	2209	$2,750	$1.24	25d	1	0.90mi
12250 23rd St E Parrish, FL	4.0	3.0	2261	$2,670	$1.18	5d	1	1.16mi
13019 Bluff Oak Way Parrish, FL	4.0	2.5	2152	$2,975	$1.38	18d	1	1.27mi
11106 Sand Pine Ln Parrish, FL	3.0	2.0	1766	$2,579	$1.46	5d	1	1.27mi
13114 Cedar Elm Ln Parrish, FL	4.0	2.5	1980	$3,000	$1.52	25d	1	1.32mi

HOA detail

• Monthly dues: $75 · $900/yr
• Likely covers: pool

Listing history 24 events

1. 2026-06-22
   days on market $349,900 Active 53 DOM
2. 2026-06-18
   days on market $349,900 Active 50 DOM
3. 2026-06-17
   days on market $349,900 Active 49 DOM
4. 2026-06-16
   days on market $349,900 Active 48 DOM
5. 2026-06-15
   days on market $349,900 Active 47 DOM
6. 2026-06-13
   days on market $349,900 Active 45 DOM
7. 2026-06-13
   days on market $349,900 Active 44 DOM
8. 2026-06-10
   days on market $349,900 Active 42 DOM
9. 2026-06-09
   days on market $349,900 Active 41 DOM
10. 2026-06-08
    days on market $349,900 Active 40 DOM
11. 2026-06-08
    days on market $349,900 Active 39 DOM
12. 2026-06-03
    days on market $349,900 Active 35 DOM
13. 2026-06-02
    days on market $349,900 Active 34 DOM
14. 2026-06-01
    days on market $349,900 Active 33 DOM
15. 2026-05-31
    days on market $349,900 Active 32 DOM
16. 2026-04-29
    listed $349,900 Active
17. 2011-03-21
    soldstatus $120,000
18. 2011-03-15
    soldstatus $120,000 1007-char remark

    Show marketing remark (1007 chars)

    BUYER WALKED! BACK ON THE MARKET! IN THE SYSTEM! BANK JUST HAD IT APPRAISED! WAITING ON BANK TO MAKE A DECISION AS TO WHAT IT WILL TAKE ON A SHORT! You have heard this is the way to by a short sale. Leg work has already been done. Slide in and get the deal after someone else started the process and put in the time! GOT TO SELL NOW! Opportunity to own this well maintained home in a popular community. Split plan design home with vaulted ceilings. White kitchen with breakfast bar that overlooks the greatroom. Separate dining room, indoor utility anda screened lanai. Tile flooring in wet areas, carpet otherwise. Custom added chair rail, wainscoting, fluted wood trimmed doors and warm two tone paint scheme shows a pride of ownership. Arched interior entries provides a touch of classic charm. Private fenced a backyard fronting a preserve area. Nicely manicured yard with curbing. Community Rec, pool, tot lot and basketball. NO CDD'S in this family friendly community! Call for a preview. Easy to see.

19. 2009-06-27
    listed $139,900 1007-char remark

    Show marketing remark (1007 chars)

    BUYER WALKED! BACK ON THE MARKET! IN THE SYSTEM! BANK JUST HAD IT APPRAISED! WAITING ON BANK TO MAKE A DECISION AS TO WHAT IT WILL TAKE ON A SHORT! You have heard this is the way to by a short sale. Leg work has already been done. Slide in and get the deal after someone else started the process and put in the time! GOT TO SELL NOW! Opportunity to own this well maintained home in a popular community. Split plan design home with vaulted ceilings. White kitchen with breakfast bar that overlooks the greatroom. Separate dining room, indoor utility anda screened lanai. Tile flooring in wet areas, carpet otherwise. Custom added chair rail, wainscoting, fluted wood trimmed doors and warm two tone paint scheme shows a pride of ownership. Arched interior entries provides a touch of classic charm. Private fenced a backyard fronting a preserve area. Nicely manicured yard with curbing. Community Rec, pool, tot lot and basketball. NO CDD'S in this family friendly community! Call for a preview. Easy to see.

20. 2008-11-28
    listed $159,900
21. 2008-05-16
    listed $169,900
22. 2004-08-11
    soldstatus $196,000
23. 2004-06-15
    soldstatus $196,000
24. 2004-03-03
    listed $194,900

ⓘ 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: $2,589 · $216/mo
• Projected year-2 tax: $2,904 · $242/mo
• Expected delta: +$315/yr (+$26/mo · 12.2%)

ⓘ 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 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 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: $34,024
• − Mortgage interest: −$19,600
• − Property taxes: −$2,589
• − Insurance: −$1,750
• − Repairs & maintenance: −$2,722
• − Management: −$2,722
• − HOA: −$900
• − Depreciation: −$10,179
• Taxable loss: −$6,436
• Est. tax savings @ 24.0%: +$1,545
• After-tax cash flow: $1,167/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: 33,319
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 33,296
• Household income: $113,773
• Rent vs Own: 8.1% rent · 91.9% own
• Severe rent burden: 219.0

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 (75%)
• Race & ethnicity: White 75% Hispanic / Latino 11% Two or more races 8% Black 8% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 4% Hispanic 2% Russian 2%
• Foreign-born: 10% · Canada, Dominican Republic, Jamaica
• Languages at home: 88% English-only · Spanish 7% French/Haitian/Cajun 2% 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: ▼ -84.45%
• Current HPI: 271.7131
• Rent YoY: ▼ -0.95%
• 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

+79.5% since first listed

9 events — show timeline

• 2026-04-29 Listed $349,900 Stellar MLS as Distributed by MLS Grid
• 2011-03-21 Sold (Public Records) $120,000 Public Records
• 2011-03-15 Sold (MLS) $120,000 Stellar MLS as Distributed by MLS Grid
• 2009-06-27 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 2008-11-28 Listed $159,900 Stellar MLS as Distributed by MLS Grid
• 2008-05-16 Listed $169,900 Stellar MLS as Distributed by MLS Grid
• 2004-08-11 Sold (Public Records) $196,000 Public Records
• 2004-06-15 Sold (MLS) $196,000 Stellar MLS as Distributed by MLS Grid
• 2004-03-03 Listed $194,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+3.4%/yr

Latest (2025): $2,589 · +3.5% YoY. Source: county tax records.