6314 29th Ave W · Bradenton, FL 34209

$149,999

1 bd · 1.0 ba · 756 sqft · Condo public records · 48 Days on market

Built 1981 $560/mo HOA · 31% 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).

• Cash flow +11.9/30.0
• ARV discount +7.5/15.0
• 1% rule +7.0/10.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• DSCR +3.5/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks

Move-In Ready Condo – 15 Minutes to Anna Maria Island! This beautifully updated 1-bedroom, 1-bath condo in the sought-after Meadowcroft South community offers the perfect blend of comfort, convenience, and coastal living. Recent upgrades include a new A/C, flooring, washer, dryer, and refrigerator, ensuring a move-in-ready experience. The spacious open-concept layout features cathedral ceilings, making the living area feel even more open and airy. Easy-maintenance vinyl flooring runs throughout the main areas, while the well-appointed kitchen provides plenty of storage. A convenient in-unit washer and dryer add to the home’s practicality and there is 1 assigned parking space. Th

Key facts

• Recent upgrades
• Landscaped pool area
• In unit washer dryer

Tags

• MOVE IN READY
• RECENT UPGRADES
• OPEN CONCEPT LAYOUT
• IN UNIT WASHER DRYER
• LARGE ENCLOSED LANAI
• LANDSCAPED POOL AREA

Property features AI

Finance

• Other: Unit is furnished; Condo on first floor; Homestead exempt
• Financial info: Total monthly fees $560 (total annual fees $6,720); Lease restrictions apply
• HOA & community: Monthly HOA $560; HOA covers cable TV, insurance, grounds maintenance, pool, recreational facilities, and water; Association amenities include clubhouse, pool, recreation facilities, and spa/hot tub; Association approval required; Pets allowed (maximum ~25 lbs); Clubhouse and sidewalks in community

Exterior

• Utilities: Public water; Public sewer; Cable connected; Electricity connected
• Home design: Condominium; One story; Southeast facing; Entry on floor 1
• Construction: Stucco exterior; Shingle roof; Block foundation; Built using stucco construction
• Exterior features: Exterior lighting; Rain gutters; Sidewalk; Sliding doors; Paved road access

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: 1 bedroom (located on floor 1)
• Flooring: Carpet; Ceramic tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Cathedral ceilings; Ceiling fans; Living room/dining room combo; Open floorplan
• Laundry & utility: Washer and dryer inside the unit (in kitchen)

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $150k.

Deal economics

• At list price, monthly cash flow is $-38 ($-452/yr) — negative.
• To cash-flow at today's rent, offer at most $143k (4.4% below list).
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $143k (4.4% below list) — sets the bar for cash-flow.
• Cap rate 6.0% 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: Sea Breeze Elementary School (math 48% / reading 43%, grade D-, #1,247 of 2,144 statewide, top 59%, 499 students, 74% FRL); W. D. Sugg Middle School (math 34% / reading 28%, grade F, #462 of 571 statewide, top 81%, 1,010 students, 72% FRL); Bayshore High School (math 17% / reading 26%, grade F, #546 of 667 statewide, top 82%, 1,435 students, 65% FRL) — zoned schools average 70% FRL vs 51% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 33% at this address vs 52% district-wide (-19 pts) — the specific schools serving this property underperform the Manatee average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.3%/yr); 514 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k 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

• It's been on market 48 days — a 3% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 $46k; list at $150k implies a 223% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 31% 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.

Recommended offer $143,344 (4.4% 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 48 days. Have you received any prior offers? Is the seller open to a 4% 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. 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.20% ✓
• Cap rate: 5.99%
• Cash-on-cash: -1.08%
• DSCR: 0.95
• GRM: 6.9

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: -22.8%
• Equity multiple: 0.25×
• Total profit: $-31,694
• Equity at exit: $22,365

10-year hold

• IRR: -35.1%
• Equity multiple: -0.19×
• Total profit: $-49,909
• Equity at exit: $12,969

Cash invested: $42,000 (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 34209

• Rents YoY: -0.3%
• Active inventory: 514
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,800 high
• Mortgage (P&I): −$787
• Tax from tax record: −$51 /mo · $609/yr
• Insurance: −$62
• HOA: −$560
• Vacancy / Maint / Mgmt: −$378
• Net cashflow: $-38

Break-even live

Break-even rent $1,848

Max offer price $143,344

Occupancy floor 97%

Sensitivity live

Price	-10% $47	-5% $5	+0% $-38	+5% $-80	+10% $-123
Rent	-10% $-180	-5% $-109	+0% $-38	+5% $33	+10% $105
Rate	-1.0pp $38	-0.5pp $0	base $-38	+0.5pp $-77	+1.0pp $-116

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2903 63rd St W Bradenton, FL	1.0	1.0	693	$2,000	$2.89	5d	1	0.05mi
2926 63rd St W Bradenton, FL	2.0	2.0	946	$2,100	$2.22	5d	1	0.05mi
5933 28th Ave W Bradenton, FL	1.0–2.0	1.0–2.0	945	$1,250	$1.32	3d	6	0.23mi
5909 30th Ave W Bradenton, FL	1.0–2.0	1.0–2.0	788	$1,465	$1.86	3d	6	0.27mi
6304 Pointe West Blvd Unit A309 Bradenton, FL	2.0	2.0	1042	$1,795	$1.72	12d	1	0.35mi
6415 21st Ave W Bradenton, FL	1.0–2.0	1.0–2.0	1150	$1,499	$1.30	5d	5	0.40mi
5907 36th Ave Cir W #5907 Bradenton, FL	2.0	2.0	937	$2,800	$2.99	25d	1	0.52mi
2724 72nd St W Unit 2010 Bradenton, FL	2.0	2.0	942	$1,950	$2.07	4d	1	0.57mi
4116 62nd St W Bradenton, FL	2.0	2.0	840	$1,650	$1.96	5d	1	0.69mi
2727 75th St W Bradenton, FL	1.0–2.0	1.5	835	$1,550	$1.86	5d	4	0.70mi
4112 66th Street Cir W Bradenton, FL	2.0	2.0	1100	$1,960	$1.78	21d	1	0.73mi
4118 59th St W Bradenton, FL	2.0	1.0	756	$1,800	$2.38	17d	1	0.74mi
4161 66th Street Cir W Bradenton, FL	2.0	2.0	1044	$1,800	$1.72	17d	1	0.83mi
4209 66th Street Cir W Bradenton, FL	2.0	2.0	1044	$2,900	$2.78	25d	1	0.83mi
1403 56th St W #1403 Bradenton, FL	1.0	1.0	812	$1,595	$1.96	25d	1	0.99mi
6711 45th Ave W Unit A Bradenton, FL	2.0	2.0	1100	$1,700	$1.55	17d	1	1.00mi
1403 56th St W Bradenton, FL	1.0	1.0	812	$1,445	$1.78	17d	1	1.02mi
4040 Ironwood Cir Unit 404F Bradenton, FL	2.0	2.0	1008	$1,750	$1.74	13d	1	1.05mi
4040 Ironwood Cir Unit 406F Bradenton, FL	2.0	2.0	1008	$1,675	$1.66	17d	1	1.05mi
4501 71st St W Bradenton, FL	1.0–2.0	1.0–2.0	850	$1,280	$1.51	3d	28	1.06mi
4210 Ironwood Cir Unit 103J Bradenton, FL	1.0	1.0	750	$1,800	$2.40	25d	1	1.06mi
4601 66th St W Bradenton, FL	3.0	1.0–2.0	917	$1,716	$1.87	3d	24	1.07mi
2107 Palma Sola Blvd #8 Bradenton, FL	2.0	2.0	1056	$1,850	$1.75	17d	1	1.09mi
4460 Ironwood Cir Unit 501A Bradenton, FL	1.0	1.5	840	$2,595	$3.09	25d	1	1.18mi
4240 Ironwood Cir #404 Bradenton, FL	2.0	2.0	1008	$2,495	$2.48	25d	1	1.19mi
4460 Ironwood Cir Unit 406 Bradenton, FL	1.0	1.0	750	$1,600	$2.13	3d	1	1.19mi
4460 Ironwood Cir Unit 406 Bradenton, FL	1.0	1.0	750	$1,600	$2.13	23d	1	1.19mi
4850 51st St W Bradenton, FL	1.0–2.0	1.0–2.0	800	$1,200	$1.50	16d	3	1.20mi
4850 51st St W Bradenton, FL	1.0–2.0	1.0–2.0	800	$1,199	$1.50	5d	2	1.20mi
4480 Ironwood Cir Unit 309 Bradenton, FL	1.0	1.0	600	$1,800	$3.00	25d	1	1.22mi
4480 Ironwood Cir Unit 213A Bradenton, FL	1.0	1.0	600	$1,425	$2.38	16d	1	1.22mi
4802 51st St W Bradenton, FL	1.0–2.0	1.0–2.0	1007	$1,249	$1.24	17d	15	1.25mi
4802 51st St W Bradenton, FL	1.0–2.0	1.0–2.0	1007	$1,200	$1.19	5d	13	1.25mi
4880 51st St W Bradenton, FL	1.0–4.0	1.0–3.0	1019	$1,295	$1.27	5d	11	1.27mi
4550 47th St W Bradenton, FL	1.0–3.0	1.0–2.0	930	$1,330	$1.43	3d	27	1.40mi
6102 7th Ave W Unit 6102 Bradenton, FL	2.0	2.0	1050	$2,600	$2.48	25d	1	1.44mi
6318 7th Ave W Unit None Bradenton, FL	2.0	2.0	1025	$2,000	$1.95	25d	1	1.44mi
6318 7th Ave W Bradenton, FL	2.0	2.0	1025	$1,800	$1.76	25d	1	1.44mi

HOA detail condo

• Monthly dues: $560 · $6,720/yr
• Likely covers: parking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 25 events

1. 2026-06-22
   days on market $149,999 Active 48 DOM
2. 2026-06-18
   days on market $149,999 Active 45 DOM
3. 2026-06-17
   days on market $149,999 Active 44 DOM
4. 2026-06-16
   days on market $149,999 Active 43 DOM
5. 2026-06-15
   days on market $149,999 Active 42 DOM
6. 2026-06-13
   days on market $149,999 Active 40 DOM
7. 2026-06-13
   days on market $149,999 Active 39 DOM
8. 2026-06-10
   days on market $149,999 Active 37 DOM
9. 2026-06-09
   days on market $149,999 Active 36 DOM
10. 2026-06-08
    days on market $149,999 Active 35 DOM
11. 2026-06-08
    days on market $149,999 Active 34 DOM
12. 2026-06-03
    days on market $149,999 Active 30 DOM
13. 2026-06-02
    days on market $149,999 Active 29 DOM
14. 2026-06-01
    days on market $149,999 Active 28 DOM
15. 2026-05-31
    days on market $149,999 Active 27 DOM
16. 2026-05-04
    listed $149,999 Active
17. 2025-06-27
    historical
18. 2025-05-27
    price $169,000
19. 2025-04-09
    price $179,000
20. 2025-02-17
    price $199,000
21. 2025-02-06
    listed $224,900 Active
22. 2013-10-01
    soldstatus $46,500
23. 2001-08-03
    soldstatus $58,000
24. 1997-02-20
    soldstatus $47,500
25. 1992-01-16
    soldstatus $46,500

ⓘ 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: $609 · $51/mo
• Projected year-2 tax: $1,245 · $104/mo
• Expected delta: +$636/yr (+$53/mo · 104.6%)

ⓘ 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 ≥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

Taxation est. · year 1

• Rental income: $21,602
• − Mortgage interest: −$8,402
• − Property taxes: −$609
• − Insurance: −$750
• − Repairs & maintenance: −$1,728
• − Management: −$1,728
• − HOA: −$6,720
• − Depreciation: −$4,364
• Taxable loss: −$2,698
• Est. tax savings @ 24.0%: +$648
• After-tax cash flow: $196/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

• Census place: Bradenton, FL
• 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

+222.6% since first listed

10 events — show timeline

• 2026-05-04 Listed $149,999 Stellar MLS as Distributed by MLS Grid
• 2025-06-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-05-27 Price Changed $169,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-09 Price Changed $179,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-17 Price Changed $199,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-06 Listed $224,900 Stellar MLS as Distributed by MLS Grid
• 2013-10-01 Sold (Public Records) $46,500 Public Records
• 2001-08-03 Sold (Public Records) $58,000 Public Records
• 1997-02-20 Sold (Public Records) $47,500 Public Records
• 1992-01-16 Sold (Public Records) $46,500 Public Records

Property tax history

-3.7%/yr

Latest (2025): $609 · +5.5% YoY. Source: county tax records.