3845 Lake Bayshore Dr Unit F103 · South Bradenton, FL 34205

$105,000

2 bd · 1.0 ba · 1,040 sqft · Condo public records · 370 Days on market

Built 1978 $646/mo HOA · 41% 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).

• 1% rule +9.9/10.0
• Cash flow +9.7/30.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• Livability +3.9/5.0
• DSCR +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Exceptional, Bayshore on the Lake, First floor 2 bedroom, 1 bath condo fully furnished & ready for its new owners. Light and bright kitchen with new white cabinets, stainless steel refrigerator & dishwasher. Coastal motif and colors makes this condo very inviting. NEW AC 2021, Hot water heater 2018, New ceiling fan. Washer & dryer in unit. Enjoy outside living on your lanai facing the lake. Sit on the bench and enjoy the wild life in and around the lake. Extra storage on lanai. Active 55 & older community offers heated pool, fishing, clubhouse, shuffleboard. Assigned parking place. Close to shopping, restaurants & Beaches. Sorry, No Pets & must own for 2 years before renting. Low Condo fees! Major airports are in the area while professional sports are within sixty minutes in Tampa. World class rowing is a short drive while many points of interest are within a small radius. A few of the most beautiful beaches are very close. They include Siesta Key Beach and Anna Marie Island. This property is a hidden paradise only a few minutes from most amenities. Come see what can possibly be your next full time or part time home.

Key facts

• Quartz backsplash
• No-step-in shower
• Community pools

Tags

• LUXURY VINYL PLANK FLOORING
• WHITE QUARTZ COUNTERTOPS
• QUARTZ BACKSPLASH
• NO-STEP-IN SHOWER
• FULL-SIZE WASHER AND DRYER
• COMMUNITY POOLS

Property features AI

Finance

• Other: Lot area about 2.92 acres (community); Asphalt road access
• Financial info: Total annual fees $7,752; Lease/restrictions apply
• HOA & community: Monthly condo fee of $646; Monthly association fee required; Association: Resource Property Management; Association amenities include pool and clubhouse; Shuffleboard court; Association fee includes cable TV, internet and trash; Association approval required; Senior community; Pets not allowed; Unit is sold furnished

Exterior

• Parking: Guest parking available
• Utilities: Public water; Public sewer; Cable connected
• Home design: Residential condominium; Faces southwest; Located on floor 1; Three or more levels in building; 5-story building
• Construction: Block construction; Built-up roof; Slab foundation; Building F
• Exterior features: Outdoor grill; Pond view

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Window treatments; Elevator in building
• Laundry & utility: Washer; Dryer; Laundry closet

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $105k.

Deal economics

• At list price, monthly cash flow is $-70 ($-835/yr) — negative.
• To cash-flow at today's rent, offer at most $93k (11.7% below list).
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.5% vs local median 4.1% in South 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 77/100 on livability (#195 in FL, #3,092 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, crime D+, commute 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: Robert H. Prine Elementary School (math 46% / reading 32%, grade F, #1,560 of 2,144 statewide, top 73%, 744 students, 75% FRL); W. D. Sugg Middle School (math 34% / reading 28%, grade F, #462 of 571 statewide, top 81%, 1,010 students, 72% FRL); Southeast High School (math 25% / reading 34%, grade F, #447 of 667 statewide, top 68%, 1,716 students, 66% FRL) — zoned schools average 71% 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 (-2.4%/yr); 321 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 36% of the median local income ($53k/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 $726 of loan paydown is wiped out by about $3k 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 370 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 7y ago; this cycle's ask has dropped $55k (34%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 41% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,400 (12.0% 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 370 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
9. 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?
10. 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?
11. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
12. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
13. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
14. 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.
15. 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.

Investment metrics

• 1% rule: 1.49% ✓
• Cap rate: 5.50%
• Cash-on-cash: -2.84%
• DSCR: 0.87
• GRM: 5.6

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: -27.2%
• Equity multiple: 0.13×
• Total profit: $-25,665
• Equity at exit: $15,656

10-year hold

• IRR: -66.9%
• Equity multiple: -0.51×
• Total profit: $-44,278
• Equity at exit: $9,078

Cash invested: $29,400 (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 34205

• Rents YoY: -2.4%
• Active inventory: 321
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,569 high
• Mortgage (P&I): −$551
• Tax from tax record: −$69 /mo · $829/yr
• Insurance: −$44
• HOA: −$646
• Vacancy / Maint / Mgmt: −$330
• Net cashflow: $-70

Break-even live

Break-even rent $1,658

Max offer price $92,704

Occupancy floor 99%

Sensitivity live

Price	-10% $-10	-5% $-40	+0% $-70	+5% $-99	+10% $-129
Rent	-10% $-194	-5% $-132	+0% $-70	+5% $-8	+10% $54
Rate	-1.0pp $-17	-0.5pp $-43	base $-70	+0.5pp $-97	+1.0pp $-124

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4204 Heron Way Unit B304 Bradenton, FL	2.0	1.0	912	$1,400	$1.54	5d	1	0.11mi
4121 Heron Way #108 Bradenton, FL	2.0	2.0	1144	$1,340	$1.17	25d	1	0.12mi
3963 Lake Bayshore Dr Unit F-414 Bradenton, FL	2.0	1.0	1040	$1,200	$1.15	16d	1	0.12mi
3635 Lake Bayshore Dr Unit J410 Bradenton, FL	2.0	2.0	1144	$1,700	$1.49	25d	1	0.12mi
4129 Lake Bayshore Dr Unit C501 Bradenton, FL	2.0	2.0	1144	$1,600	$1.40	5d	1	0.12mi
3737 Lake Bayshore Dr Unit 213 Bradenton, FL	2.0	1.0	912	$1,150	$1.26	23d	1	0.12mi
4109 Lake Bayshore Dr Bradenton, FL	1.0	1.0	768	$1,250	$1.63	25d	1	0.13mi
3124 Lake Bayshore Dr Unit 219 Bradenton, FL	2.0	2.0	1144	$2,300	$2.01	25d	1	0.28mi
3064 Lake Bayshore Dr Unit 115 Bradenton, FL	2.0	2.0	1144	$1,250	$1.09	25d	1	0.28mi
3506 14th St W Bradenton, FL	3.0	1.0–2.0	874	$1,725	$1.97	25d	5	0.41mi
4515 26th St W Bradenton, FL	1.0–2.0	1.0–2.0	806	$1,510	$1.87	3d	14	0.47mi
2306 30th Ave W Bradenton, FL	3.0	2.0	945	$1,700	$1.80	25d	1	0.48mi
4444 17th St W Unit B Bradenton, FL	2.0	1.0	850	$2,200	$2.59	25d	1	0.48mi
1308 36th Ave W Bradenton, FL	1.0	1.0	715	$1,199	$1.68	25d	1	0.53mi
2305 46th Ave W Bradenton, FL	1.0–2.0	1.0–2.0	1005	$1,837	$1.83	3d	10	0.54mi
2901 26th St W #807 Bradenton, FL	2.0	2.0	940	$1,525	$1.62	4d	1	0.58mi
4607 21st St W Bradenton, FL	3.0	2.0	1133	$2,500	$2.21	25d	1	0.62mi
3512 32nd St W Bradenton, FL	2.0	1.0	1200	$2,100	$1.75	5d	1	0.69mi
919 34th Ave W Bradenton, FL	3.0	1.0	950	$1,599	$1.68	13d	1	0.71mi
2001 25th Ave W Bradenton, FL	3.0	2.0	1370	$3,000	$2.19	21d	1	0.73mi
907 34th Ave W Unit B Bradenton, FL	3.0	1.0	1000	$1,795	$1.79	25d	1	0.74mi
907 34th Ave W Bradenton, FL	3.0	1.0	985	$1,599	$1.62	21d	1	0.74mi
4705 27th St W Unit A Bradenton, FL	2.0	1.0	750	$1,325	$1.77	4d	1	0.77mi
2201 24th Ave W Bradenton, FL	2.0	2.0	1115	$1,950	$1.75	25d	1	0.77mi
2004 49th Ave W Unit 2002 Bradenton, FL	2.0	2.0	1021	$1,950	$1.91	25d	1	0.86mi
4906 21st St W Bradenton, FL	2.0	1.0	918	$1,700	$1.85	17d	1	0.87mi
2205 20th St W Bradenton, FL	2.0	1.0	810	$1,850	$2.28	13d	1	0.88mi
4812 27th St W Bradenton, FL	2.0	2.0	912	$1,599	$1.75	13d	1	0.89mi
4812 27th St W Unit 4812 Bradenton, FL	2.0	2.0	912	$1,545	$1.69	13d	1	0.89mi
4906 25th St W #101 Bradenton, FL	2.0	1.5	1070	$1,550	$1.45	25d	1	0.93mi
3603 Oxford Dr W Bradenton, FL	2.0	2.0	1400	$2,400	$1.71	25d	1	0.93mi
5001 22nd St W Unit B Bradenton, FL	2.0	1.0	729	$1,700	$2.33	17d	1	0.94mi
4916 18th St W Unit B Bradenton, FL	2.0	2.0	1170	$1,650	$1.41	25d	1	0.94mi
2409 13th St W Apt 2 Bradenton, FL	2.0	1.0	770	$1,175	$1.53	25d	1	0.95mi
2422 11th St W Bradenton, FL	2.0	1.0	900	$1,445	$1.61	25d	1	0.97mi
2835 50th Ave W Bradenton, FL	1.0–2.0	1.0–2.0	850	$1,610	$1.89	5d	16	0.98mi
3806 Southern Pkwy W Bradenton, FL	3.0	2.0	1296	$2,176	$1.68	13d	1	1.00mi
505 30th Ave W Unit E406 Bradenton, FL	2.0	2.0	1001	$1,450	$1.45	25d	1	1.00mi
5016 22nd St W Bradenton, FL	2.0	1.0	1400	$1,600	$1.14	5d	1	1.02mi
390 301 Blvd W Bradenton, FL	2.0	2.0	1125	$1,495	$1.33	25d	1	1.03mi

HOA detail condo

• Monthly dues: $646 · $7,752/yr
• Likely covers: waterpoolparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 39 events

1. 2026-06-22
   days on market $105,000 Active 370 DOM
2. 2026-06-18
   price $105,000 Active 367 DOM
3. 2026-06-18
   days on market $110,000 Active 367 DOM
4. 2026-06-17
   days on market $110,000 Active 366 DOM
5. 2026-06-16
   days on market $110,000 Active 365 DOM
6. 2026-06-15
   days on market $110,000 Active 364 DOM
7. 2026-06-13
   days on market $110,000 Active 362 DOM
8. 2026-06-13
   days on market $110,000 Active 361 DOM
9. 2026-06-10
   days on market $110,000 Active 359 DOM
10. 2026-06-09
    days on market $110,000 Active 358 DOM
11. 2026-06-08
    days on market $110,000 Active 357 DOM
12. 2026-06-08
    days on market $110,000 Active 356 DOM
13. 2026-06-03
    days on market $110,000 Active 352 DOM
14. 2026-06-02
    days on market $110,000 Active 351 DOM
15. 2026-06-01
    days on market $110,000 Active 350 DOM
16. 2026-05-31
    days on market $110,000 Active 349 DOM
17. 2026-05-19
    price $110,000
18. 2026-04-28
    status Active
19. 2026-04-28
    price $115,000
20. 2026-04-23
    historical
21. 2026-02-16
    price $120,000
22. 2026-01-10
    price $125,000
23. 2025-11-20
    price $130,000
24. 2025-11-04
    status Active
25. 2025-10-23
    historical
26. 2025-09-03
    price $150,000
27. 2025-07-29
    status Active
28. 2025-04-01
    listed $160,000 Active
29. 2021-07-20
    soldstatus $120,000 Closed 1171-char remark

    Show marketing remark (1171 chars)

    Exceptional, Bayshore on the Lake, First floor 2 bedroom, 1 bath condo fully furnished & ready for its new owners. Light and bright kitchen with new white cabinets, stainless steel refrigerator & dishwasher. Coastal motif and colors makes this condo very inviting. NEW AC 2021, Hot water heater 2018, New ceiling fan. Washer & dryer in unit. Enjoy outside living on your lanai facing the lake. Sit on the bench and enjoy the wild life in and around the lake. Extra storage on lanai. Active 55 & older community offers heated pool, fishing, clubhouse, shuffleboard. Assigned parking place. Close to shopping, restaurants & Beaches. Sorry, No Pets & must own for 2 years before renting. Low Condo fees! Major airports are in the area while professional sports are within sixty minutes in Tampa. World class rowing is a short drive while many points of interest are within a small radius. A few of the most beautiful beaches are very close. They include Siesta Key Beach and Anna Marie Island. This property is a hidden paradise only a few minutes from most amenities. Come see what can possibly be your next full time or part time home.

30. 2021-06-21
    status Pending 1171-char remark

    Show marketing remark (1171 chars)

    Exceptional, Bayshore on the Lake, First floor 2 bedroom, 1 bath condo fully furnished & ready for its new owners. Light and bright kitchen with new white cabinets, stainless steel refrigerator & dishwasher. Coastal motif and colors makes this condo very inviting. NEW AC 2021, Hot water heater 2018, New ceiling fan. Washer & dryer in unit. Enjoy outside living on your lanai facing the lake. Sit on the bench and enjoy the wild life in and around the lake. Extra storage on lanai. Active 55 & older community offers heated pool, fishing, clubhouse, shuffleboard. Assigned parking place. Close to shopping, restaurants & Beaches. Sorry, No Pets & must own for 2 years before renting. Low Condo fees! Major airports are in the area while professional sports are within sixty minutes in Tampa. World class rowing is a short drive while many points of interest are within a small radius. A few of the most beautiful beaches are very close. They include Siesta Key Beach and Anna Marie Island. This property is a hidden paradise only a few minutes from most amenities. Come see what can possibly be your next full time or part time home.

31. 2021-05-24
    listed $129,900 Active 1171-char remark

    Show marketing remark (1171 chars)

    Exceptional, Bayshore on the Lake, First floor 2 bedroom, 1 bath condo fully furnished & ready for its new owners. Light and bright kitchen with new white cabinets, stainless steel refrigerator & dishwasher. Coastal motif and colors makes this condo very inviting. NEW AC 2021, Hot water heater 2018, New ceiling fan. Washer & dryer in unit. Enjoy outside living on your lanai facing the lake. Sit on the bench and enjoy the wild life in and around the lake. Extra storage on lanai. Active 55 & older community offers heated pool, fishing, clubhouse, shuffleboard. Assigned parking place. Close to shopping, restaurants & Beaches. Sorry, No Pets & must own for 2 years before renting. Low Condo fees! Major airports are in the area while professional sports are within sixty minutes in Tampa. World class rowing is a short drive while many points of interest are within a small radius. A few of the most beautiful beaches are very close. They include Siesta Key Beach and Anna Marie Island. This property is a hidden paradise only a few minutes from most amenities. Come see what can possibly be your next full time or part time home.

32. 2019-05-21
    soldstatus $91,000
33. 2019-05-20
    soldstatus $91,000 Sold 975-char remark

    Show marketing remark (975 chars)

    Lavishly decorated turnkey furnished 2 bedroom, 1 bath condo with glimpses of the lake here at 'Bayshore on the Lake'! Ground floor. King bed in master/queen bed in guest room. Brand new stainless appliances include a fridge & dishwasher; PLUS a full sized washer & dryer on the glass-enclosed lanai. 55" flat screen TV in living room + smaller one in master bedroom. You'll enjoy the 6 ceiling fans! Lanai faces the lake & is perfect for watching water birds and relaxing or go around to other end of building for a dip! You’ll enjoy this Active 55+ association's heated pool/spa, shuffleboard, outdoor BBQ & large clubhouse with all its activities. (Sorry, NO pets. ) Centrally located in Bradenton. Everything's nearby: shopping, the mall, shopping, restaurants, more shopping, golfing and of course miles of sandy Gulf of Mexico beaches on Anna Maria Island are only about 8 miles due west. Wonderful, affordable winter home! Come see.

34. 2019-04-06
    status Pending 975-char remark

    Show marketing remark (975 chars)

    Lavishly decorated turnkey furnished 2 bedroom, 1 bath condo with glimpses of the lake here at 'Bayshore on the Lake'! Ground floor. King bed in master/queen bed in guest room. Brand new stainless appliances include a fridge & dishwasher; PLUS a full sized washer & dryer on the glass-enclosed lanai. 55" flat screen TV in living room + smaller one in master bedroom. You'll enjoy the 6 ceiling fans! Lanai faces the lake & is perfect for watching water birds and relaxing or go around to other end of building for a dip! You’ll enjoy this Active 55+ association's heated pool/spa, shuffleboard, outdoor BBQ & large clubhouse with all its activities. (Sorry, NO pets. ) Centrally located in Bradenton. Everything's nearby: shopping, the mall, shopping, restaurants, more shopping, golfing and of course miles of sandy Gulf of Mexico beaches on Anna Maria Island are only about 8 miles due west. Wonderful, affordable winter home! Come see.

35. 2019-03-13
    listed $94,000 Active 975-char remark

    Show marketing remark (975 chars)

    Lavishly decorated turnkey furnished 2 bedroom, 1 bath condo with glimpses of the lake here at 'Bayshore on the Lake'! Ground floor. King bed in master/queen bed in guest room. Brand new stainless appliances include a fridge & dishwasher; PLUS a full sized washer & dryer on the glass-enclosed lanai. 55" flat screen TV in living room + smaller one in master bedroom. You'll enjoy the 6 ceiling fans! Lanai faces the lake & is perfect for watching water birds and relaxing or go around to other end of building for a dip! You’ll enjoy this Active 55+ association's heated pool/spa, shuffleboard, outdoor BBQ & large clubhouse with all its activities. (Sorry, NO pets. ) Centrally located in Bradenton. Everything's nearby: shopping, the mall, shopping, restaurants, more shopping, golfing and of course miles of sandy Gulf of Mexico beaches on Anna Maria Island are only about 8 miles due west. Wonderful, affordable winter home! Come see.

36. 2005-07-29
    soldstatus $104,000
37. 1999-01-12
    soldstatus $38,000
38. 1986-01-01
    soldstatus $38,000
39. 1979-01-01
    soldstatus $28,300

ⓘ 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: $829 · $69/mo
• Projected year-2 tax: $872 · $73/mo
• Expected delta: +$42/yr (+$4/mo · 5.1%)

ⓘ 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 · 31 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: $18,833
• − Mortgage interest: −$5,882
• − Property taxes: −$829
• − Insurance: −$525
• − Repairs & maintenance: −$1,507
• − Management: −$1,507
• − HOA: −$7,752
• − Depreciation: −$3,055
• Taxable loss: −$2,222
• Est. tax savings @ 24.0%: +$533
• After-tax cash flow: $-302/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 — South Bradenton

• Score: 77/100
• State rank: #195
• US rank: #3092

Category grades

Amenities C- Commute F Cost of living A+ Crime D+ Employment F Housing A+ Health & safety A+ User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Bradenton, FL
• County: Manatee County · 416,364 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 31,946
• Household income: $52,525
• Rent vs Own: 40.3% rent · 59.7% own
• Severe rent burden: 1736.0

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 (65%)
• Race & ethnicity: White 65% Hispanic / Latino 18% Black 10% Two or more races 9% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 7% Puerto Rican 4% Cuban 1%
• Common ancestry: Hispanic 2% Romanian 2% Lithuanian 2%
• Foreign-born: 15% · Canada, Vietnam
• Languages at home: 78% English-only · Spanish 14% French/Haitian/Cajun 2% German/W. Germanic 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: ▼ -310.18%
• Current HPI: 369.8239
• Rent YoY: ▼ -2.43%
• 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

+288.7% since first listed

23 events — show timeline

• 2026-05-19 Price Changed $110,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-28 Price Changed $115,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-23 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-16 Price Changed $120,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-10 Price Changed $125,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-20 Price Changed $130,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-04 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-10-23 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-09-03 Price Changed $150,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-29 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-04-01 Listed $160,000 Stellar MLS as Distributed by MLS Grid
• 2021-07-20 Sold (MLS) $120,000 Stellar MLS as Distributed by MLS Grid
• 2021-06-21 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-05-24 Listed $129,900 Stellar MLS as Distributed by MLS Grid
• 2019-05-21 Sold (Public Records) $91,000 Public Records
• 2019-05-20 Sold (MLS) $91,000 Stellar MLS as Distributed by MLS Grid
• 2019-04-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-03-13 Listed $94,000 Stellar MLS as Distributed by MLS Grid
• 2005-07-29 Sold (Public Records) $104,000 Public Records
• 1999-01-12 Sold (Public Records) $38,000 Public Records
• 1986-01-01 Sold (Public Records) $38,000 Public Records
• 1979-01-01 Sold (Public Records) $28,300 Public Records

Property tax history

+1.7%/yr

Latest (2025): $829 · -22.4% YoY. Source: county tax records.