4105 43rd Ave W · Bradenton, FL 34205

$225,000

3 bd · 2.0 ba · 1,497 sqft · Townhouse public records · 6 Days on market

Built 1981 4,356 sqft lot Est $240k · 6% under $169/mo HOA · 7% of rent

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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 +18.7/30.0
• ARV discount +10.2/15.0
• DSCR +5.9/10.0
• 1% rule +5.2/10.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Short Sale, Bank is Ready to Deal!! Bring Offers !!

Key facts

• Community pool
• Screened lanai
• Tennis courts

Tags

• SCREENED LANAI
• PRIVATE OUTDOOR SPACE
• COMMUNITY POOL
• TENNIS COURTS
• SHUFFLEBOARD
• BASKETBALL COURTS

Property features AI

Finance

• Other: Homestead exempt; Solar energy and energy-efficient windows
• Financial info: Lease restrictions apply
• HOA & community: Monthly HOA fee of $169 (includes cable TV, common area taxes, grounds maintenance, pool and recreational facilities); Association approval required; Pets allowed (cats and dogs); Community clubhouse, playground, pool, and tennis courts

Exterior

• Parking: Attached 1-car garage
• Utilities: Public water; Public sewer; Cable available; Electricity available
• Home design: Residential townhouse; One story; North-facing
• Construction: Block construction; Shingle roof; Slab foundation; Built with estimated living area of 1,497 (estimated building area 1,937)
• Exterior features: Rear porch; City limits lot; Paved lot

Interior

• Kitchen: Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Open floorplan; Private mailbox
• Laundry & utility: Laundry area in garage

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath townhouse listed at $225k.

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 $225k).
• Cap rate 7.5% 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.
• 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); 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 (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 30% at this address vs 52% district-wide (-22 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); 319 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $2,299/mo this rent would consume 53% of the median local household income ($53k/yr) (locally 1736% 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 $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

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 14y ago 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 $156k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• 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 $225,000

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.02% ✓
• Cap rate: 7.47%
• Cash-on-cash: 4.20%
• DSCR: 1.19
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $239,520
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3930 Pinebrook Cir #7	0.24mi	2/2.0 (-1)	1,493 (-0%)	1mo	$255,000	$171	83
4050 Pinebrook Cir #9	0.20mi	2/2.0 (-1)	1,534 (+2%)	2mo	$245,000	$160	80
4480 Fairways Blvd #410	0.28mi	2/2.0 (-1)	1,508 (+1%)	1mo	$270,000	$179	80
122 Pinehurst Dr #122	0.23mi	2/2.0 (-1)	1,408 (-6%)	4mo	$285,000	$202	71
4570 Pinebrook Cir #508	0.26mi	2/2.0 (-1)	1,396 (-7%)	1mo	$250,000	$179	71
4460 Fairways Blvd #308	0.30mi	2/2.0 (-1)	1,396 (-7%)	3mo	$245,000	$176	67
814 Spring Lakes Blvd #14	0.52mi	3/2.0	1,446 (-3%)	4mo	$205,000	$142	67
118 Pinehurst Dr Unit 118D	0.21mi	2/2.0 (-1)	1,304 (-13%)	0mo	$205,000	$157	64
3617 36th Avenue Dr W #3617	0.40mi	3/2.0	1,272 (-15%)	3mo	$155,000	$122	54
533 Lakeside Dr #533	0.75mi	2/2.0 (-1)	1,408 (-6%)	2mo	$135,000	$96	48
467 Palm Tree Dr #467	0.66mi	2/2.0 (-1)	1,668 (+11%)	4mo	$230,000	$138	42
4525 Park Lake Ter S	0.74mi	2/2.0 (-1)	1,304 (-13%)	2mo	$165,500	$127	37

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: -13.2%
• Equity multiple: 0.54×
• Total profit: $-29,087
• Equity at exit: $33,548

10-year hold

• IRR: -9.9%
• Equity multiple: 0.48×
• Total profit: $-33,033
• Equity at exit: $19,454

Cash invested: $63,000 (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 34205

• Rents YoY: -2.4%
• Active inventory: 319
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,299 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$153 /mo · $1,839/yr
• Insurance: −$94
• HOA: −$169
• Vacancy / Maint / Mgmt: −$483
• Net cashflow: $221

Break-even live

Break-even rent $2,020

Max offer price $225,000

Occupancy floor 85%

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4107 41st St W Bradenton, FL	3.0	2.0	1419	$3,700	$2.61	23d	1	0.08mi
4325 40th St W Bradenton, FL	1.0–2.0	1.0–2.0	775	$1,675	$2.16	10d	9	0.08mi
4220 Pinebrook Cir #14 Bradenton, FL	2.0	2.0	1534	$2,300	$1.50	19d	1	0.11mi
4570 Pinebrook Cir #304 Bradenton, FL	2.0	2.0	1256	$3,100	$2.47	23d	1	0.24mi
108 Pinehurst Dr Bradenton, FL	2.0	2.0	1408	$2,500	$1.78	23d	1	0.27mi
4460 Fairways Blvd #606 Bradenton, FL	2.0	2.0	1256	$2,000	$1.59	15d	1	0.27mi
3909 45th Ter W #106 Bradenton, FL	2.0	2.5	1429	$1,800	$1.26	15d	1	0.33mi
4457 45th Ave W #211 Bradenton, FL	2.0	2.0	912	$1,950	$2.14	15d	1	0.33mi
4240 Ironwood Cir #404 Bradenton, FL	2.0	2.0	1008	$2,495	$2.48	23d	1	0.40mi
3715 45th Ter W Bradenton, FL	2.0	2.5	1429	$1,695	$1.19	23d	1	0.43mi
3825 45th Ter W #104 Bradenton, FL	2.0	2.5	1429	$1,550	$1.08	23d	1	0.43mi
4655 46th Street Ct W #103 Bradenton, FL	2.0	2.0	1141	$600	$0.53	3d	1	0.44mi
283 Sherwood Dr Bradenton, FL	2.0	2.0	1304	$1,800	$1.38	23d	1	0.47mi
3603 45th Ter W #101 Bradenton, FL	3.0	2.5	1200	$1,800	$1.50	3d	1	0.48mi
303 Springdale Dr #303 Bradenton, FL	2.0	2.0	1304	$1,999	$1.53	3d	1	0.50mi
4040 Ironwood Cir Unit 404F Bradenton, FL	2.0	2.0	1008	$1,750	$1.74	11d	1	0.52mi
4040 Ironwood Cir Unit 406F Bradenton, FL	2.0	2.0	1008	$1,675	$1.66	15d	1	0.52mi
4449 46th Ave W Unit 4449 Bradenton, FL	2.0	1.0	1110	$3,200	$2.88	23d	1	0.54mi
346 Springdale Dr Unit 346 Bradenton, FL	2.0	2.0	1304	$1,900	$1.46	23d	1	0.55mi
4550 47th St W Bradenton, FL	1.0–3.0	1.0–2.0	930	$2,270	$2.44	1d	27	0.55mi
4110 Ironwood Cir #104 Bradenton, FL	2.0	2.0	1152	$1,800	$1.56	23d	1	0.56mi
4801 47th Ave W Bradenton, FL	1.0–3.0	1.0–2.0	1016	$2,205	$2.17	1d	32	0.60mi
3512 32nd St W Bradenton, FL	2.0	1.0	1200	$2,100	$1.75	3d	1	0.64mi
434 Palm Tree Dr #434 Bradenton, FL	2.0	2.0	1728	$1,900	$1.10	23d	1	0.68mi
452 Palm Tree Dr Unit 452 Bradenton, FL	2.0	2.0	1304	$1,595	$1.22	3d	1	0.69mi
3401 50th St W Bradenton, FL	3.0	2.0	1418	$2,699	$1.90	23d	1	0.72mi
3806 Southern Pkwy W Bradenton, FL	3.0	2.0	1296	$2,176	$1.68	11d	1	0.75mi
655 Woodlawn Dr Unit 655 Bradenton, FL	2.0	2.0	1148	$1,600	$1.39	23d	1	0.76mi
206 Lakewood Dr Unit 206 Bradenton, FL	2.0	2.0	940	$2,700	$2.87	23d	1	0.78mi
4112 Cape Vista Dr Bradenton, FL	3.0	2.0	1450	$3,495	$2.41	23d	1	0.82mi
586 Lakeside Dr Unit 586 Bradenton, FL	2.0	2.0	940	$3,200	$3.40	23d	1	0.83mi
577 Lakeside Dr Bradenton, FL	2.0	2.0	1728	$2,000	$1.16	23d	1	0.83mi
142 Pineneedle Dr Unit 142U Bradenton, FL	2.0	2.0	1408	$2,395	$1.70	23d	1	0.84mi
183 Pineneedle Dr Bradenton, FL	2.0	2.0	1304	$1,800	$1.38	23d	1	0.84mi
184 Pineneedle Dr Bradenton, FL	2.0	2.0	940	$2,100	$2.23	23d	1	0.84mi
4802 51st St W Bradenton, FL	1.0–2.0	1.0–2.0	1007	$1,950	$1.94	15d	15	0.84mi
4802 51st St W Bradenton, FL	1.0–2.0	1.0–2.0	1007	$1,950	$1.94	3d	13	0.84mi
3603 Oxford Dr W Bradenton, FL	2.0	2.0	1400	$2,400	$1.71	23d	1	0.85mi
132 Wild Palm Dr #132 Bradenton, FL	2.0	2.0	1304	$3,400	$2.61	23d	1	0.88mi
146 Wild Palm Dr #146 Bradenton, FL	2.0	2.0	1500	$2,500	$1.67	23d	1	0.88mi

HOA detail

• Monthly dues: $169 · $2,028/yr

Listing history 10 events

1. 2026-05-21
   listed $225,000 Active
2. 2017-03-27
   soldstatus $156,000
3. 2013-10-11
   soldstatus $100,000
4. 2012-10-01
   soldstatus $54,900
5. 2012-09-07
   soldstatus $54,900 51-char remark

   Show marketing remark (51 chars)

   Short Sale, Bank is Ready to Deal!! Bring Offers !!

6. 2012-03-21
   listed $54,900 51-char remark

   Show marketing remark (51 chars)

   Short Sale, Bank is Ready to Deal!! Bring Offers !!

7. 2002-08-09
   soldstatus $102,000
8. 1999-05-13
   soldstatus $74,900
9. 1991-02-20
   soldstatus $59,000
10. 1987-05-08
    soldstatus $55,900

ⓘ 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: $1,839 · $153/mo
• Projected year-2 tax: $1,868 · $156/mo
• Expected delta: +$29/yr (+$2/mo · 1.6%)

ⓘ 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 · 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: $27,593
• − Mortgage interest: −$12,603
• − Property taxes: −$1,839
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,207
• − Management: −$2,207
• − HOA: −$2,028
• − Depreciation: −$6,545
• Taxable loss: −$963
• Est. tax savings @ 24.0%: +$231
• After-tax cash flow: $2,879/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): 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

+302.5% since first listed

10 events — show timeline

• 2026-05-21 Listed $225,000 Stellar MLS as Distributed by MLS Grid
• 2017-03-27 Sold (Public Records) $156,000 Public Records
• 2013-10-11 Sold (Public Records) $100,000 Public Records
• 2012-10-01 Sold (Public Records) $54,900 Public Records
• 2012-09-07 Sold (MLS) $54,900 Stellar MLS as Distributed by MLS Grid
• 2012-03-21 Listed $54,900 Stellar MLS as Distributed by MLS Grid
• 2002-08-09 Sold (Public Records) $102,000 Public Records
• 1999-05-13 Sold (Public Records) $74,900 Public Records
• 1991-02-20 Sold (Public Records) $59,000 Public Records
• 1987-05-08 Sold (Public Records) $55,900 Public Records

Property tax history

+1.1%/yr

Latest (2025): $1,839 · +3.4% YoY. Source: county tax records.