6320 7th Ave W · Bradenton, FL 34209

$159,000

3 bd · 2.0 ba · 1,224 sqft · Condo public records · 120 Days on market

Built 1976 $800/mo HOA · 32% 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).

• Cash flow +14.4/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +4.4/10.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks

Downstairs condo with assigned parking spot. Move-in ready and perfectly positioned in West Bradenton, this spacious end-unit 3-bedroom, 2-bath Pebble Springs condo offers over 1,200 sq ft of comfortable living with a smart, flexible layout ideal for full-time residents, seasonal owners, or investors. Enjoy added privacy with this corner unit, plus a brand-new roof completed June 2025 and covered by the association—delivering major value and peace of mind. This pet-friendly, non-age-restricted community welcomes all lifestyles, whether you need extra space for guests, a home office, or everyday living. Located just 5.6 miles from Anna Maria Island, with quick access to Gulf beaches, p

Key facts

• $800 HOA
• Community pool
• Built 1976

Property features AI

Finance

• Other: Unit is unfurnished; Condo land included
• Financial info: Total annual fees $9,600 (monthly $800); Lease restrictions apply
• HOA & community: HOA (C&S) with monthly condo/association fees of $800; Association approval required; Association fee includes cable TV, common area taxes, pool, escrow reserves, insurance, internet, structure and grounds maintenance, management, private road, recreational facilities, sewer, trash and water; Community clubhouse, community mailbox, pool, and tennis courts; Buyer approval required for the community; Pets permitted (cats and dogs), max pet weight 20 lbs

Exterior

• Parking: No carport spaces noted
• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Phone available; Sewer connected; Water connected
• Home design: Condominium; Single-story; Faces south; Entry on floor 1
• Construction: Stucco construction; Shingle roof; Slab foundation; Built as part of Cluster 2
• Exterior features: Lighting; Private mailbox; Sliding doors; Asphalt road access

Interior

• Kitchen: Cooktop; Dishwasher; Disposal; Microwave; Refrigerator
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Living room/dining room combo; Thermostat; Walk-in closet(s)
• Laundry & utility: Inside laundry; Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $159k.

Deal economics

• At list price, monthly cash flow is $31 ($373/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $159k).
• Recommended offer: $145k (9.0% below list) — sets the bar for market timing.
• Cap rate 6.5% 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.
• Market conditions: Rents soft (-0.3%/yr); 510 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 36% of the median local income ($82k/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 $5k 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 120 days — a 9% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 21y ago; this cycle's ask has dropped $11k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $98k; list at $159k implies a 63% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 32% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→32/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $144,690 (9.0% below list)

Questions for the listing agent

1. It's been on market 120 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
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. 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?
8. 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?
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: 1.55% ✓
• Cap rate: 6.53%
• Cash-on-cash: 0.84%
• DSCR: 1.04
• GRM: 5.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -20.6%
• Equity multiple: 0.32×
• Total profit: $-30,470
• Equity at exit: $23,707

10-year hold

• IRR: -35.5%
• Equity multiple: -0.12×
• Total profit: $-49,711
• Equity at exit: $13,747

Cash invested: $44,520 (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 34209

• Rents YoY: -0.3%
• Active inventory: 510
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $2,465 high
• Mortgage (P&I): −$834
• Tax from tax record: −$216 /mo · $2,597/yr
• Insurance: −$66
• HOA: −$800
• Vacancy / Maint / Mgmt: −$518
• Net cashflow: $31

Break-even live

Break-even rent $2,426

Max offer price $159,000

Occupancy floor 94%

Sensitivity live

Price	-10% $121	-5% $76	+0% $31	+5% $-14	+10% $-59
Rent	-10% $-164	-5% $-66	+0% $31	+5% $128	+10% $226
Rate	-1.0pp $111	-0.5pp $72	base $31	+0.5pp $-10	+1.0pp $-52

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: $39,750
• Closing costs: $4,770
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6618 7th Ave Cir W #1404 Bradenton, FL	2.0	2.0	1440	$3,400	$2.36	24d	1	0.18mi
6448 7th Avenue Cir W Bradenton, FL	3.0	2.0	1482	$3,100	$2.09	24d	1	0.19mi
6446 7th Avenue Cir W Unit 6446 Bradenton, FL	2.0	2.0	1440	$2,400	$1.67	24d	1	0.20mi
6646 7th Avenue Cir W Bradenton, FL	2.0	2.0	1440	$2,500	$1.74	24d	1	0.20mi
6318 7th Ave W Unit None Bradenton, FL	2.0	2.0	1025	$2,000	$1.95	24d	1	0.22mi
6306 7th Ave W Bradenton, FL	3.0	2.0	984	$1,800	$1.83	16d	1	0.22mi
6102 7th Ave W Unit 6102 Bradenton, FL	2.0	2.0	1050	$2,600	$2.48	24d	1	0.22mi
6318 7th Ave W Bradenton, FL	2.0	2.0	1025	$1,800	$1.76	24d	1	0.22mi
6652 7th Avenue Cir W Bradenton, FL	3.0	2.0	1495	$2,800	$1.87	15d	1	0.23mi
5513 3rd Avenue Plz W Bradenton, FL	3.0	2.0	1282	$2,019	$1.57	3d	1	0.48mi
6904 Manatee Ave W Bradenton, FL	1.0–3.0	1.0–2.0	1068	$2,050	$1.92	2d	76	0.53mi
1225 56th St W Bradenton, FL	2.0	2.0	1222	$1,800	$1.47	3d	1	0.59mi
109 53rd St W Bradenton, FL	3.0	2.5	1492	$2,700	$1.81	24d	1	0.70mi
5132 1st Ave W Bradenton, FL	3.0	2.0	1249	$2,500	$2.00	16d	1	0.75mi
7507 4th Ave W Unit 1546087P Bradenton, FL	3.0	2.0	1474	$2,258	$1.53	16d	1	0.83mi
6415 21st Ave W Bradenton, FL	1.0–2.0	1.0–2.0	1150	$1,896	$1.65	3d	5	0.92mi
6914 20th Ave W Bradenton, FL	2.0	2.0	1383	$2,795	$2.02	16d	1	0.96mi
6304 Pointe West Blvd Unit A309 Bradenton, FL	2.0	2.0	1042	$1,795	$1.72	11d	1	0.96mi
4607 7th Ave W Bradenton, FL	3.0	1.0	1296	$1,950	$1.50	24d	1	1.03mi
202 46th St W Unit 207 Bradenton, FL	2.0	2.0	951	$1,800	$1.89	16d	1	1.09mi
6817 11th Ave NW Bradenton, FL	3.0	2.0	1308	$3,200	$2.45	24d	1	1.10mi
5933 28th Ave W Bradenton, FL	1.0–2.0	1.0–2.0	945	$2,013	$2.13	2d	6	1.21mi
2926 63rd St W Bradenton, FL	2.0	2.0	946	$2,100	$2.22	3d	1	1.36mi
2724 72nd St W Unit 2010 Bradenton, FL	2.0	2.0	942	$1,950	$2.07	3d	1	1.37mi
2914 64th St W Bradenton, FL	2.0	2.0	1135	$2,025	$1.78	24d	1	1.39mi
2107 Palma Sola Blvd #8 Bradenton, FL	2.0	2.0	1056	$1,850	$1.75	16d	1	1.40mi
2727 75th St W Bradenton, FL	1.0–2.0	1.5	835	$1,700	$2.04	3d	4	1.43mi
5909 30th Ave W Bradenton, FL	1.0–2.0	1.0–2.0	788	$1,670	$2.12	2d	6	1.44mi

HOA detail condo

• Monthly dues: $800 · $9,600/yr
• Likely covers: parking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 28 events

1. 2026-06-18
   days on market $159,000 Active 120 DOM
2. 2026-06-17
   days on market $159,000 Active 119 DOM
3. 2026-06-16
   days on market $159,000 Active 118 DOM
4. 2026-06-15
   days on market $159,000 Active 117 DOM
5. 2026-06-13
   days on market $159,000 Active 115 DOM
6. 2026-06-13
   days on market $159,000 Active 114 DOM
7. 2026-06-10
   days on market $159,000 Active 112 DOM
8. 2026-06-09
   days on market $159,000 Active 111 DOM
9. 2026-06-08
   days on market $159,000 Active 110 DOM
10. 2026-06-08
    days on market $159,000 Active 109 DOM
11. 2026-06-03
    days on market $159,000 Active 105 DOM
12. 2026-06-02
    days on market $159,000 Active 104 DOM
13. 2026-06-01
    days on market $159,000 Active 103 DOM
14. 2026-05-31
    days on market $159,000 Active 102 DOM
15. 2026-05-21
    price $159,000
16. 2026-05-07
    price $162,400
17. 2026-04-30
    price $164,900
18. 2026-03-17
    price $167,400
19. 2026-02-18
    listed $169,900 Active
20. 2015-11-25
    soldstatus $97,500
21. 2009-11-16
    soldstatus $65,000
22. 2007-10-12
    listed $140,000
23. 2007-10-05
    historical
24. 2007-01-09
    listed $140,000
25. 2006-11-20
    listed $162,900
26. 2006-08-18
    listed $162,900
27. 2005-09-29
    listed $164,900
28. 1995-01-13
    soldstatus $42,900

ⓘ 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: $2,597 · $216/mo
• Projected year-2 tax: $2,597 · $216/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 · 32 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: $29,583
• − Mortgage interest: −$8,906
• − Property taxes: −$2,597
• − Insurance: −$795
• − Repairs & maintenance: −$2,367
• − Management: −$2,367
• − HOA: −$9,600
• − Depreciation: −$4,625
• Taxable loss: −$1,674
• Est. tax savings @ 24.0%: +$402
• After-tax cash flow: $775/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: 227,091
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 33,224
• Household income: $81,728
• Rent vs Own: 21.8% rent · 78.2% own
• Severe rent burden: 1126.0

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 (84%)
• Race & ethnicity: White 84% Hispanic / Latino 11% Two or more races 6% Black 2% Asian 1%
• Hispanic origin (detail): Puerto Rican 4% Cuban 3%
• Common ancestry: Romanian 3% Slovak 3% Lithuanian 3%
• Foreign-born: 9% · Canada, Jamaica, China
• Languages at home: 90% English-only · Spanish 6% Russian/Polish/Slavic 1% 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: ▼ -360.34%
• Current HPI: 320.0061
• Rent YoY: ▼ -0.30%
• 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

+270.6% since first listed

14 events — show timeline

• 2026-05-21 Price Changed $159,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-07 Price Changed $162,400 Stellar MLS as Distributed by MLS Grid
• 2026-04-30 Price Changed $164,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-17 Price Changed $167,400 Stellar MLS as Distributed by MLS Grid
• 2026-02-18 Listed $169,900 Stellar MLS as Distributed by MLS Grid
• 2015-11-25 Sold (Public Records) $97,500 Public Records
• 2009-11-16 Sold (Public Records) $65,000 Public Records
• 2007-10-12 Listed $140,000 Stellar MLS as Distributed by MLS Grid
• 2007-10-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-01-09 Listed $140,000 Stellar MLS as Distributed by MLS Grid
• 2006-11-20 Listed $162,900 Stellar MLS as Distributed by MLS Grid
• 2006-08-18 Listed $162,900 Stellar MLS as Distributed by MLS Grid
• 2005-09-29 Listed $164,900 Stellar MLS as Distributed by MLS Grid
• 1995-01-13 Sold (Public Records) $42,900 Public Records

Property tax history

+10.0%/yr

Latest (2025): $2,597 · +0.3% YoY. Source: county tax records.