6624 Marina Dr · Bayshore Gardens, FL 34207

$159,900

2 bd · 1.0 ba · 1,056 sqft · Manufactured public records · 42 Days on market

Built 1974 4,095 sqft lot Est $173k · 8% under

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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).

• Cash flow +23.1/30.0
• ARV discount +11.0/15.0
• DSCR +7.4/10.0
• 1% rule +6.5/10.0
• Schools +4.4/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Rent growth +1.1/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Welcome to Trailer Estates. One of the most active and amenity-rich 55+ waterfront communities in the area! This well-maintained 2 bedroom, 2 bathroom home sits on a canal and is being sold turnkey furnished, making it truly move-in ready. Situated on a lot and a half, this property offers additional outdoor space, storage, and flexibility. Inside, you’ll find an updated bathroom, new carpet, and a comfortable layout perfect for everyday living or seasonal use. The home also includes a washer and dryer for added convenience. Out back, enjoy canal views with no history of flooding, plus additional storage space and covered golf cart parking, p

Key facts

• Canal views
• On site woodshop
• Updated bathroom

Tags

• CANAL VIEWS
• UPDATED BATHROOM
• COVERED GOLF CART PARKING
• HEATED COMMUNITY POOL
• ON SITE WOODSHOP
• DIRECT ACCESS TO SARASOTA BAY

Property features AI

Finance

• Financial info: Lease restrictions apply
• HOA & community: Senior community; Buyer/association approval required; Community clubhouse; Community pool; Fitness center; Golf carts allowed; Deed and special community restrictions; Association amenities include cable TV, pool, internet, management, and recreational facilities; Association has laundry and other optional fees; vehicle restrictions and fence restrictions may apply

Exterior

• Parking: Carport (1 space)
• Utilities: Public water; Public sewer; Electricity connected; Water connected
• Home design: Residential mobile home; Single wide; One level; Faces southeast; Canal view
• Construction: Vinyl siding; Metal roof; Other foundation
• Exterior features: Covered patio/porch; Rain gutters; Storage building/structure

Interior

• Kitchen: Built-in oven; Dishwasher; Disposal; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Built-in features; Eat-in kitchen; Kitchen/family room combo
• Laundry & utility: Washer; Dryer; Laundry located outside/other

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $160k.

Deal economics

• At list price, monthly cash flow is $221 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 4.7% in Bayshore Gardens — 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 82/100 on livability (#72 in FL, #1,180 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, commute C-, employment 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: Bayshore Elementary School (math 51% / reading 36%, grade F, #1,345 of 2,144 statewide, top 64%, 701 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 68% FRL vs 51% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 32% at this address vs 52% district-wide (-20 pts) — the specific schools serving this property underperform the Manatee average; the district grade overstates school quality for this exact location.
• Market conditions: Rents falling (-5.5%/yr); 362 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• At $1,833/mo this rent would consume 49% of the median local household income ($45k/yr) (locally 1474% of renters already pay >50% of income on rent) — 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 $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 42 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $80k; list at $160k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $155,103 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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.
7. 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.
8. 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: 1.15% ✓
• Cap rate: 8.45%
• Cash-on-cash: 7.69%
• DSCR: 1.34
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $173,184
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6608 Oregon St	0.25mi	2/2.0	1,076 (+2%)	1mo	$95,000	$88	81
6619 Massachusetts St	0.11mi	3/2.0 (+1)	1,076 (+2%)	5mo	$155,000	$144	78
6519 Dakota St	0.23mi	2/2.0	1,056 (0%)	9mo	$136,000	$129	78
2203 Michigan Ave	0.20mi	2/2.0	1,038 (-2%)	7mo	$170,000	$164	78
2305 Bay Dr	0.32mi	2/2.0	1,038 (-2%)	3mo	$200,000	$193	76
2207 Indiana Ave	0.08mi	2/1.5	960 (-9%)	4mo	$140,000	$146	75
6513 Oregon St	0.29mi	2/2.0	1,020 (-3%)	2mo	$210,000	$206	75
2005 Ohio Ave	0.17mi	2/2.0	960 (-9%)	4mo	$205,000	$214	69
6605 Connecticut St	0.15mi	2/2.0	1,150 (+9%)	6mo	$44,000	$38	69
1811 Minnesota Ave	0.30mi	2/2.0	1,096 (+4%)	10mo	$182,000	$166	67
2307 New York Ave	0.29mi	3/2.0 (+1)	980 (-7%)	0mo	$150,000	$153	65
1906 Ohio Ave	0.23mi	3/2.5 (+1)	1,134 (+7%)	7mo	$289,000	$255	60

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: -10.9%
• Equity multiple: 0.62×
• Total profit: $-17,132
• Equity at exit: $23,842

10-year hold

• IRR: -7.1%
• Equity multiple: 0.62×
• Total profit: $-17,173
• Equity at exit: $13,825

Cash invested: $44,772 (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 34207

• Rents YoY: -5.5%
• Active inventory: 362
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,833 high
• Mortgage (P&I): −$839
• Tax from tax record: −$256 /mo · $3,072/yr
• Insurance: −$67
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$385
• Net cashflow: $221

Break-even live

Break-even rent $1,554

Max offer price $159,900

Occupancy floor 83%

Sensitivity live

Price	-10% $311	-5% $266	+0% $221	+5% $175	+10% $130
Rent	-10% $76	-5% $148	+0% $221	+5% $293	+10% $365
Rate	-1.0pp $301	-0.5pp $261	base $221	+0.5pp $179	+1.0pp $137

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6432 26th St W Bradenton, FL	3.0	2.0	1284	$1,800	$1.40	17d	1	0.30mi
2305 69th Ave W Bradenton, FL	2.0	2.0	1038	$1,775	$1.71	25d	1	0.31mi
2408 Colgate Ave Bradenton, FL	3.0	2.0	1482	$5,500	$3.71	25d	1	0.35mi
2415 Holyoke Ave Bradenton, FL	3.0	2.0	1134	$2,599	$2.29	25d	1	0.49mi
3304 McDill Rd Bradenton, FL	2.0	1.0	1044	$1,695	$1.62	13d	1	0.61mi
5996 Hibiscus Dr #6 Bradenton, FL	2.0	1.0	865	$1,550	$1.79	17d	1	0.67mi
1122 68th Avenue Dr W Unit 5 Bradenton, FL	2.0	1.0	840	$1,450	$1.73	5d	1	0.73mi
6423 Egret Ln #402 Bradenton, FL	2.0	2.0	1425	$3,150	$2.21	25d	1	0.73mi
6043 Coral Way Bradenton, FL	2.0	1.0	865	$1,700	$1.97	17d	1	0.74mi
6468 Seagull Dr #316 Bradenton, FL	2.0	2.0	1314	$3,900	$2.97	25d	1	0.81mi
6101 34th St W Bradenton, FL	2.0–3.0	2.0	1444	$1,890	$1.31	4d	2	0.83mi
906 66th Ave W Unit 906 Bradenton, FL	3.0	1.0	1200	$1,900	$1.58	17d	1	0.83mi
2713 60th Avenue Dr W Bradenton, FL	2.0	2.0	1076	$2,000	$1.86	25d	1	0.84mi
1009 W 63rd AVE Bradenton, FL	2.0	2.0	815	$1,495	$1.83	17d	1	0.88mi
5906 Garden Ln Unit A22 Bradenton, FL	2.0	2.0	840	$1,200	$1.43	5d	1	0.89mi
2423 60th Ave W Unit K29 Bradenton, FL	2.0	2.0	1026	$1,495	$1.46	25d	1	0.89mi
6470 Mourning Dove Dr #203 Bradenton, FL	2.0	2.0	1364	$2,495	$1.83	25d	1	0.90mi
804 67th Avenue Ter W Bradenton, FL	3.0	2.0	1176	$1,950	$1.66	12d	1	0.91mi
5955 Palm Ln Unit A33 Bradenton, FL	2.0	1.0	744	$1,150	$1.55	16d	1	0.91mi
5896 Palm Ln Unit C27 Bradenton, FL	2.0	2.0	966	$1,400	$1.45	25d	1	0.91mi
5858 Welcome Rd Unit J23 Bradenton, FL	2.0	1.0	744	$1,150	$1.55	5d	1	0.94mi
1566 Pleasant Rd Unit J24 Bradenton, FL	2.0	1.0	733	$1,150	$1.57	25d	1	0.95mi
1874 Sunny Dr Unit F32 Bradenton, FL	2.0	1.0	744	$950	$1.28	25d	1	0.95mi
6033 34th St W Bradenton, FL	2.0	2.0	996	$1,500	$1.51	25d	2	0.96mi
6033 34th St W Bradenton, FL	2.0	2.0	942	$1,625	$1.73	4d	2	0.96mi
6033 34th St W Bradenton, FL	2.0	2.0	942	$1,550	$1.64	5d	3	0.96mi
1807 Restful Dr Unit N4 Bradenton, FL	2.0	1.0	733	$1,150	$1.57	5d	1	0.99mi
5820 21st St W Bradenton, FL	3.0	2.0	1116	$1,995	$1.79	5d	1	1.02mi
6430 Sun Eagle Ln Bradenton, FL	2.0	2.0	1364	$2,448	$1.79	5d	2	1.06mi
605 64th Ave W Bradenton, FL	2.0	1.0	784	$1,250	$1.59	13d	1	1.07mi
6050 34th St W Bradenton, FL	1.0–2.0	1.0	734	$1,610	$2.19	3d	19	1.09mi
6434 5th St W Unit 6434 Bradenton, FL	2.0	1.0	754	$2,800	$3.71	21d	1	1.10mi
304 Lantana Ave Sarasota, FL	2.0	2.0	1156	$2,000	$1.73	21d	1	1.11mi
308 Lantana Ave Sarasota, FL	2.0	2.0	1156	$2,000	$1.73	21d	1	1.11mi
5903 43rd St W Unit 5903 Bradenton, FL	2.0	2.0	1178	$2,950	$2.50	25d	1	1.13mi
7310 Manatee St Sarasota, FL	2.0	1.5	1100	$2,150	$1.95	25d	1	1.22mi
6114 43rd St W Unit 407E Bradenton, FL	2.0	2.0	1178	$2,000	$1.70	16d	1	1.24mi
6147 43rd St W Bradenton, FL	2.0	2.0	1116	$3,200	$2.87	25d	1	1.24mi
3427 59th Ave W Bradenton, FL	2.0	2.5	1330	$2,150	$1.62	17d	1	1.27mi
6116 43rd St W Unit 401D Bradenton, FL	2.0	2.0	1178	$2,500	$2.12	25d	1	1.27mi

Listing history 4 events

1. 2026-05-21
   status Pending
2. 2026-05-15
   price $159,900
3. 2026-04-09
   listed $169,999 Active
4. 2004-04-21
   soldstatus $80,000

ⓘ 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: $3,072 · $256/mo
• Projected year-2 tax: $3,072 · $256/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 7/10 Severe FEMA zone X (shaded) · 90% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 27 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,997
• − Mortgage interest: −$8,957
• − Property taxes: −$3,072
• − Insurance: −$1,597
• − Repairs & maintenance: −$1,760
• − Management: −$1,760
• − Depreciation: −$4,652
• Taxable income: $200
• Est. tax owed @ 24.0%: −$48
• After-tax cash flow: $2,599/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 — Bayshore Gardens

• Score: 82/100
• State rank: #72
• US rank: #1180

Category grades

Amenities B- Commute C- Cost of living A+ Crime C- Employment F 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: 33,840
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 34,081
• Household income: $45,010
• Rent vs Own: 38.8% rent · 61.2% own
• Severe rent burden: 1474.0

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: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 58% Hispanic / Latino 29% Two or more races 13% Black 7%
• Hispanic origin (detail): Mexican 12% Puerto Rican 4% Cuban 3% Dominican 1%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 2%
• Foreign-born: 16% · Canada, Jamaica
• Languages at home: 74% English-only · Spanish 22% Other Indo-European 1% French/Haitian/Cajun 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: ▼ -305.32%
• Current HPI: 369.9899
• Rent YoY: ▼ -5.50%
• 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

+99.9% since first listed

4 events — show timeline

• 2026-05-21 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-15 Price Changed $159,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-09 Listed $169,999 Stellar MLS as Distributed by MLS Grid
• 2004-04-21 Sold (Public Records) $80,000 Public Records

Property tax history

+3.9%/yr

Latest (2025): $3,072 · +3.9% YoY. Source: county tax records.