7343 Fountain Palm Cir Unit na · Bradenton, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 28 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- Cash flow +11.8/30.0
- 1% rule +6.2/10.0
- Schools +5.7/10.0
- Livability +4.0/5.0
- Condition / age +4.0/5.0
- DSCR +3.5/10.0
- Rent growth +2.3/5.0
- Appreciation +0.0/10.0
$240,000
7343 Fountain Palm Cir Unit na · Bradenton, FL 34203
2 bd · 2.0 ba · 1,348 sqft · Condo
· 141 Days on market
Built 2005
Garage
$178/sqft
· 22% below area
Est $309k · 22% under
$537/mo HOA · 20% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to your ground-level villa-style 2 bedroom two full bathroom condo in the gated community of Palm Grove—where convenience meets low-maintenance Florida living. No stairs. Attached garage. Open layout. Private screened lanai. The kitchen is bright and functional with stainless appliances, laminate white cabinets, and space to gather, while the split-bedroom floor plan offers comfort and privacy for guests or seasonal living. Enjoy a community pool just outside your door, plus a second pool near the Tara Preserve Golf Club.
Key facts
- Gated community
- Community pool
- Ground-level villa
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $240k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-64 ($-767/yr) — negative.
- To cash-flow at today's rent, offer at most $231k (3.9% below list).
- Meets the 1% rule at list price ($3k rent vs $240k).
- Recommended offer: $211k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.0% vs local median 3.5% 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: Tara Elementary School (math 79% / reading 66%, grade A, #281 of 2,144 statewide, top 13%, 559 students, 52% FRL); Braden River Middle School (math 54% / reading 47%, grade C, #246 of 571 statewide, top 44%, 810 students, 58% FRL); Braden River High School (math 44% / reading 52%, grade D, #201 of 667 statewide, top 30%, 1,774 students, 45% FRL) — zoned schools at 51% FRL track the district average.
- Market conditions: Rents soft (-1.0%/yr); 535 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 82d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
- At $2,698/mo this rent would consume 46% of the median local household income ($71k/yr) — 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 $7k 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 141 days — a 12% lower offer ($211k) is reasonable based on typical stale-listing flexibility.
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
$211,200
(12.0% below list)
Questions for the listing agent
- 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?
- It's been on market 141 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.12% ✓
- Cap rate
- 5.97%
- Cash-on-cash
- -1.14%
- DSCR
- 0.95
- GRM
- 7.4
CMA / ARV
- ARV (median comp)
- $309,154
- List price
- $240,000
- Delta
- -22.37%
- 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 |
|---|---|---|---|---|---|---|---|
| 7325 Fountain Palm Cir #7325 | 0.00mi | 2/2.0 | 1,348 (0%) | 1mo | $258,000 | $191 | 99 |
| 7527 Marsh Orchid Cir | 0.31mi | 2/2.0 | 1,356 (+1%) | 1mo | $238,500 | $176 | 84 |
| 7158 Strand Cir | 0.62mi | 2/2.0 | 1,368 (+2%) | 1mo | $249,000 | $182 | 68 |
| 6589 Fairway Gardens Dr #202 | 0.95mi | 2/2.0 | 1,346 (-0%) | 1mo | $210,000 | $156 | 64 |
| 6594 Fairway Gardens Dr #6594 | 0.94mi | 2/2.0 | 1,346 (-0%) | 1mo | $224,500 | $167 | 64 |
| 6582 Fairway Gardens Dr #6582 | 0.95mi | 2/2.0 | 1,346 (-0%) | 1mo | $223,995 | $166 | 64 |
| 7092 Strand Cir | 0.76mi | 2/2.0 | 1,368 (+2%) | 0mo | $240,000 | $175 | 62 |
| 7208 49th Ave E | 1.16mi | 3/2.0 (+1) | 1,389 (+3%) | 0mo | $260,000 | $187 | 55 |
| 5003 72nd St E | 1.08mi | 3/2.0 (+1) | 1,426 (+6%) | 0mo | $350,000 | $245 | 50 |
| 6318 Grand Oak Cir #204 | 0.46mi | 3/2.0 (+1) | 1,659 (+23%) | 1mo | $230,000 | $139 | 48 |
| 6505 Stone River Rd #202 | 0.90mi | 2/2.0 | 1,042 (-23%) | 0mo | $110,000 | $106 | 40 |
| 5108 72nd St E | 0.94mi | 3/2.0 (+1) | 1,634 (+21%) | 1mo | $378,000 | $231 | 34 |
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
- -22.6%
- Equity multiple
- 0.25×
- Total profit
- $-50,498
- Equity at exit
- $35,785
10-year hold
- IRR
- -32.7%
- Equity multiple
- -0.16×
- Total profit
- $-78,269
- Equity at exit
- $20,751
Cash invested: $67,200 (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.
Active competition Active MLS
- For sale now
- 3 active · 9 under contract
- Median asking
- $225,000 ($197/sqft)
- Median days on market
- 323 d
- This list price
- 67% of active listings are priced below it
- ARV vs active asking
- +16.2% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34203
- Home prices YoY
- -24.5%
- Rents YoY
- -1.0%
- Active inventory
- 535
- Price-to-rent
- 7.4×
Monthly cashflow live
↻
- Estimated rent
- $2,698 high interval (Pro) →
- Mortgage (P&I)
- −$1,259
- Tax est. 1.5%
- −$300 /mo · $3,600/yr
- Insurance
- −$100
- HOA
- −$537
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$567
- Net cashflow
- $-64
Break-even live
Break-even rent
$2,779
Max offer price
$230,751
Occupancy floor
97%
Sensitivity live
| Price | -10% $102 | -5% $19 | +0% $-64 | +5% $-147 | +10% $-230 |
|---|---|---|---|---|---|
| Rent | -10% $-277 | -5% $-171 | +0% $-64 | +5% $43 | +10% $149 |
| Rate | -1.0pp $57 | -0.5pp $-3 | base $-64 | +0.5pp $-126 | +1.0pp $-189 |
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
- $60,000
- Closing costs
- $7,200
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 7269 Fountain Palm Cir Bradenton, FL | 3.0 | 2.0 | 1617 | $2,300 | $1.42 | 119d | 1 | 0.01mi |
| 6055 Wingspan Way Bradenton, FL | 3.0 | 2.0 | 1643 | $2,500 | $1.52 | 119d | 1 | 0.08mi |
| 5808 Nesters Ln Bradenton, FL | 3.0 | 2.0 | 1645 | $5,000 | $3.04 | 119d | 1 | 0.11mi |
| 7424 Birds Eye Ter Bradenton, FL | 3.0 | 2.0 | 1643 | $2,400 | $1.46 | 0d | 1 | 0.12mi |
| 6251 Wingspan Way Bradenton, FL | 3.0 | 2.0 | 1504 | $2,300 | $1.53 | 119d | 1 | 0.49mi |
| 6738 Peach Tree Creek Rd Bradenton, FL | 2.0 | 2.0 | 1838 | $4,500 | $2.45 | 2d | 1 | 0.61mi |
| 7189 Strand Cir Unit 1 Bradenton, FL | 2.0 | 2.0 | 1368 | $2,300 | $1.68 | 119d | 1 | 0.62mi |
| 6339 Rookery Cir Bradenton, FL | 2.0 | 2.0 | 1738 | $2,900 | $1.67 | 2d | 1 | 0.65mi |
| 8110 Misty Wood Ave Bradenton, FL | 1.0–3.0 | 1.0–2.0 | 1086 | $1,850 | $1.70 | 0d | 34 | 0.66mi |
| 6807 Stone River Rd #202 Bradenton, FL | 2.0 | 2.0 | 1292 | $3,500 | $2.71 | 65d | 1 | 0.66mi |
| 6713 Stone River Rd #202 Bradenton, FL | 2.0 | 2.0 | 1232 | $1,900 | $1.54 | 119d | 1 | 0.67mi |
| 6872 Fairview Ter #101 Bradenton, FL | 2.0 | 2.0 | 1352 | $2,000 | $1.48 | 9d | 1 | 0.70mi |
| 6870 Fairview Ter #6870 Bradenton, FL | 2.0 | 2.0 | 1346 | $2,200 | $1.63 | 111d | 1 | 0.70mi |
| 6351 Bay Cedar Ln Bradenton, FL | 2.0 | 2.0 | 1320 | $2,100 | $1.59 | 119d | 1 | 0.71mi |
| 6405 Bay Cedar Ln #26 Bradenton, FL | 2.0 | 2.0 | 1320 | $1,900 | $1.44 | 7d | 1 | 0.72mi |
| 7037 Scrub Jay Way Unit 7037 Bradenton, FL | 2.0 | 2.0 | 1320 | $2,000 | $1.52 | 119d | 1 | 0.73mi |
| 5311 72nd St E Bradenton, FL | 3.0 | 2.0 | 1436 | $2,700 | $1.88 | 9d | 1 | 0.74mi |
| 6372 Rookery Cir Bradenton, FL | 3.0 | 2.0 | 1856 | $4,300 | $2.32 | 119d | 1 | 0.74mi |
| 7811 52nd Ter E Bradenton, FL | 3.0 | 2.5 | 1873 | $2,300 | $1.23 | 73d | 1 | 0.76mi |
| 7811 52nd Ter E Bradenton, FL | 3.0 | 2.5 | 1873 | $2,300 | $1.23 | 82d | 1 | 0.76mi |
| 6421 Bay Cedar Ln Bradenton, FL | 2.0 | 2.0 | 1368 | $2,000 | $1.46 | 88d | 1 | 0.77mi |
| 5264 78th St Cir E Unit 5264 Bradenton, FL | 2.0 | 2.5 | 1624 | $1,995 | $1.23 | 82d | 1 | 0.78mi |
| 7060 Strand Cir #7060 Bradenton, FL | 2.0 | 2.0 | 1368 | $1,950 | $1.43 | 9d | 1 | 0.81mi |
| 6758 Fairview Ter Bradenton, FL | 2.0 | 2.0 | 1346 | $1,950 | $1.45 | 87d | 1 | 0.82mi |
| 7224 Cedar Hollow Cir Bradenton, FL | 2.0 | 2.0 | 1406 | $2,200 | $1.56 | 119d | 1 | 0.84mi |
| 7279 Cedar Hollow Cir Unit Available Bradenton, FL | 2.0 | 2.0 | 1352 | $3,500 | $2.59 | 119d | 1 | 0.85mi |
| 6507 Stone River Rd Bradenton, FL | 2.0 | 2.0 | 1042 | $2,825 | $2.71 | 9d | 2 | 0.87mi |
| 6632 Pineview Ter Unit 10-201 Bradenton, FL | 2.0 | 2.0 | 1346 | $2,700 | $2.01 | 9d | 1 | 0.89mi |
| 7138 Cedar Hollow Cir Bradenton, FL | 2.0 | 2.0 | 1406 | $2,000 | $1.42 | 111d | 1 | 0.90mi |
| 6505 Stone River Rd Bradenton, FL | 2.0 | 2.0 | 1080 | $2,825 | $2.62 | 111d | 3 | 0.91mi |
| 6505 Stone River Rd Bradenton, FL | 2.0 | 2.0 | 1071 | $2,898 | $2.71 | 9d | 3 | 0.91mi |
| 6505 Stone River Rd Bradenton, FL | 2.0 | 2.0 | 1071 | $3,000 | $2.80 | 4d | 2 | 0.91mi |
| 6505 Stone River Rd Bradenton, FL | 2.0 | 2.0 | 1071 | $2,898 | $2.71 | 3d | 3 | 0.91mi |
| 6505 Stone River Rd Bradenton, FL | 2.0 | 2.0 | 1080 | $2,950 | $2.73 | 88d | 2 | 0.91mi |
| 6645 Pineview Ter Bradenton, FL | 2.0 | 2.0 | 1140 | $2,150 | $1.89 | 65d | 1 | 0.91mi |
| 6437 Brook Village Cv Bradenton, FL | 1.0–3.0 | 1.0–2.0 | 1134 | $2,002 | $1.77 | 0d | 15 | 0.91mi |
| 8553 54th Avenue Cir E Bradenton, FL | 3.0 | 3.0 | 1736 | $4,500 | $2.59 | 9d | 1 | 0.92mi |
| 6501 Stone River Rd Bradenton, FL | 2.0 | 2.0 | 1080 | $2,172 | $2.01 | 9d | 2 | 0.93mi |
| 6501 Stone River Rd Bradenton, FL | 2.0 | 2.0 | 1118 | $2,200 | $1.97 | 7d | 1 | 0.93mi |
| 6642 Tailfeather Way Unit Available Bradenton, FL | 3.0 | 2.0 | 1800 | $2,500 | $1.39 | 119d | 1 | 0.96mi |
Property features AI
Finance
- Other
- Association names: Susan; Tara Master AssociationUnit is unfurnished
- Financial info
- Total annual association fees reported as $6,453; total monthly fees reported as $537.75Other annual assessment amount listed as $508Lease restrictions apply
- HOA & community
- Has HOA; quarterly condo feesMonthly condo fee listed as $450 (quarterly term; quarterly condo fees also listed as $1,350)Association includes cable TV, pool, escrow reserves fund, insurance, structure maintenance, general maintenance, and private roadAssociation approval requiredCommunity allows golf carts and golf; community poolPets allowed (cats and dogs)
Exterior
- Parking
- Attached garage (1 car)
- Utilities
- Public waterPublic sewerBroadband/high-speed internet available
- Home design
- Residential condominiumOne storyGround-level unitFaces south
- Construction
- Block and stucco constructionTile roofSlab foundationBuilt as part of Palm Grove
- Exterior features
- SidewalkSliding doorsAsphalt road access
Interior
- Kitchen
- DishwasherDisposalMicrowaveRangeRefrigerator
- Bedrooms
- 2 bedrooms (ground level / floor 1)
- Flooring
- CarpetTile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Eat-in kitchenLiving room/dining room comboSliding doorsSidewalk
- Laundry & utility
- Washer and dryer inside
HOA detail $537/mo · $6,444/yr condo
- Likely covers
- poolsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-24days on market $240,000 Active 141 DOM
-
2026-09-22days on market $240,000 Active 139 DOM
-
2026-09-21days on market $240,000 Active 138 DOM
-
2026-09-20days on market $240,000 Active 137 DOM
-
2026-09-19days on market $240,000 Active 136 DOM
-
2026-09-18days on market $240,000 Active 135 DOM
-
2026-09-17days on market $240,000 Active 134 DOM
-
2026-09-16days on market $240,000 Active 133 DOM
-
2026-09-15days on market $240,000 Active 132 DOM
-
2026-09-14days on market $240,000 Active 131 DOM
-
2026-09-13days on market $240,000 Active 130 DOM
-
2026-09-12days on market $240,000 Active 129 DOM
-
2026-09-11days on market $240,000 Active 128 DOM
-
2026-09-06remarks 693-char remark
-
2026-09-05pricedays on market $240,000 Active 122 DOM
-
2026-09-04days on market $245,000 Active 121 DOM
-
2026-09-03days on market $245,000 Active 120 DOM
-
2026-08-31days on market $245,000 Active 117 DOM
-
2026-08-30days on market $245,000 Active 116 DOM
-
2026-08-29days on market $245,000 Active 115 DOM
-
2026-08-28days on market $245,000 Active 114 DOM
-
2026-08-27days on market $245,000 Active 113 DOM
-
2026-08-26days on market $245,000 Active 112 DOM
-
2026-08-25days on market $245,000 Active 111 DOM
-
2026-08-24days on market $245,000 Active 110 DOM
-
2026-08-23days on market $245,000 Active 109 DOM
-
2026-08-22days on market $245,000 Active 108 DOM
-
2026-08-21days on market $245,000 Active 107 DOM
-
2026-08-20days on market $245,000 Active 106 DOM
-
2026-08-19days on market $245,000 Active 105 DOM
-
2026-08-18days on market $245,000 Active 104 DOM
-
2026-08-17days on market $245,000 Active 103 DOM
-
2026-08-16days on market $245,000 Active 102 DOM
-
2026-08-15days on market $245,000 Active 101 DOM
-
2026-08-14days on market $245,000 Active 100 DOM
-
2026-08-13days on market $245,000 Active 99 DOM
-
2026-08-12days on market $245,000 Active 98 DOM
-
2026-08-11days on market $245,000 Active 97 DOM
-
2026-08-10days on market $245,000 Active 96 DOM
-
2026-08-09days on market $245,000 Active 95 DOM
-
2026-08-08days on market $245,000 Active 94 DOM
-
2026-08-07days on market $245,000 Active 93 DOM
-
2026-08-06days on market $245,000 Active 92 DOM
-
2026-08-05days on market $245,000 Active 91 DOM
-
2026-08-04days on market $245,000 Active 90 DOM
-
2026-08-03days on market $245,000 Active 89 DOM
-
2026-07-31days on market $245,000 Active 86 DOM
-
2026-07-30days on market $245,000 Active 84 DOM
-
2026-07-28days on market $245,000 Active 83 DOM
-
2026-07-24days on market $245,000 Active 79 DOM
ⓘ 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 3/10 Moderate
- Heat 10/10 Extreme 7 d/yr ≥108°F today · 28 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $32,380
- − Mortgage interest
- −$13,444
- − Property taxes
- −$3,600
- − Insurance
- −$1,200
- − Repairs & maintenance
- −$2,590
- − Management
- −$2,590
- − HOA
- −$6,444
- − Depreciation
- −$6,982
- Taxable loss
- −$4,471
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$1,073
- After-tax cash flow
- $306/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 · 12 photos
80/100
Cosmetic rehab
Est. rehab $6,740–$20,220 screening
This ground-level villa-style condo in Palm Grove is in good condition with minimal repairs needed. Fresh paint and trimming the landscaping would significantly enhance its resale and rental value.
Value-add opportunities
- Resale Paint exterior trim — Fresh paint enhances curb appeal and property value ↑
- Rental Trim bushes and hedges — Well-maintained landscaping improves rental appeal ↑
ⓘ 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.
D
Composite school gradezoned avg 57/100
Zoned Schools
Elementary
Tara Elementary School
A
FL #281/2,144
Nat'l #2,730/41,679
Middle
Braden River Middle School
C
FL #246/571
Nat'l #3,367/14,009
High
Braden River High School
D
FL #201/667
Nat'l #6,224/17,239
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
A
Composite livability gradescore 81/100
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 · 447,342 people
- City population
- 227,091
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 40,618
- Household income
- $70,761
- Rent vs Own
- Severe rent burden
- 8% 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 (65%)
- Race & ethnicity
- White 65% Hispanic / Latino 19% Two or more races 12% Black 9% Asian 5%
- Hispanic origin (detail)
- Mexican 9% Puerto Rican 3% Cuban 2% Dominican 1%
- Common ancestry
- Lithuanian 3% Romanian 3% Slovak 2%
- Foreign-born
- 17% · Canada, Vietnam, Dominican Republic
- Languages at home
- 76% English-only · Spanish 16% Vietnamese 2% 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
- ▼ -95.87%
- Current HPI
- 295.8871
- Rent YoY
- ▼ -0.97%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
1 event — show timeline
- 2026-05-06 Listed $245,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…