215 22nd St W · Memphis, FL
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.09%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 30 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 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).
- Cash flow +19.8/30.0
- ARV discount +10.6/15.0
- DSCR +6.3/10.0
- Schools +4.4/10.0
- 1% rule +4.1/10.0
- Livability +3.2/5.0
- Condition / age +2.5/5.0
- Rent growth +1.8/5.0
- Appreciation +0.0/10.0
$248,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
2019 ROOF!!! Move in ready!! HUGE FENCED BACKYARD!! CONVENTIONAL/VA OFFERS WELCOME. 215 22nd St. Wow. Every detail of this 3 bedroom. 1 bathroom home has been thoughtfully picked. You enter into a charming flex space that could serve as a dining area or home office. Natural light is plenty throughout & there is a spacious living room perfect for entertainment. The interior and exterior are freshly painted. The kitchen has upgraded countertops and appliances. Laminate flooring has been laid throughout all of the home, meaning NO CARPET. The bathroom has also been updated with new vanity and decorative tile behind the tub. The backyard is HUGE and an entertainment oasis w/ space for a pool or playground set! Low taxes, NO HOA fees, NO flood insurance, and NO CDD fee make this home one of the most affordable in the area! Prime location near restaurants, shopping, entertainment and all that Palmetto has to offer: including a Walmart, Aldi and Publix within 5 minutes.
Key facts
- Open-concept design
- Remodeled bathroom
- Fenced yard
Tags
Property features AI
Finance
- Other: Residential property (RSF6 zoning); No CDD; Not homesteaded
Exterior
- Utilities: Public water; Public sewer; Public utilities
- Home design: Single-family residence; One story; Faces south
- Construction: Block construction; Shingle roof; Slab foundation; Built on a 0.15-acre lot (approx. 48.3 x 136)
- Exterior features: Other exterior features
Interior
- Kitchen: Dishwasher; Range; Refrigerator
- Bedrooms: 3 bedrooms
- Bathrooms: 1 full bathroom
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Ceiling fans
- Laundry & utility: Laundry: other (unspecified)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $249k.
Deal economics
- At list price, monthly cash flow is $298 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $228k (8.6% below list).
- Recommended offer: $219k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.7% vs local median 4.5% in Memphis — 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 63/100 on livability (#745 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, schools F, 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.
- Market conditions: Rents soft (-3.0%/yr); 1160 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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).
- This rent runs 35% of the median local income ($78k/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 $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 227 days — a 12% lower offer ($219k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 8y ago; this cycle's ask has dropped $31k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $175k; 42% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 227 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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.
- 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?
- 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 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
- 0.91% ✗
- Cap rate
- 7.73%
- Cash-on-cash
- 5.12%
- DSCR
- 1.23
- GRM
- 9.1
CMA / ARV
- ARV (on-the-fly)
- $267,336
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1904 6th Ave W | 0.37mi | 2/1.0 (-1) | 1,063 (-6%) | 1mo | $225,000 | $212 | 68 |
| 2312 4th Ave E | 0.31mi | 3/2.0 | 1,110 (-2%) | 14mo | $277,900 | $250 | 67 |
| 2411 5th Avenue Dr E | 0.40mi | 3/2.0 | 1,104 (-2%) | 9mo | $257,500 | $233 | 66 |
| 203 16th St W | 0.37mi | 3/2.0 | 1,150 (+2%) | 14mo | $395,000 | $343 | 64 |
| 316 20th St E | 0.27mi | 3/2.0 | 1,225 (+9%) | 14mo | $289,900 | $237 | 58 |
| 2706 6th Ave E | 0.55mi | 3/2.0 | 1,152 (+2%) | 13mo | $287,000 | $249 | 56 |
| 2603 5th Ave E | 0.44mi | 3/2.0 | 1,234 (+9%) | 7mo | $272,000 | $220 | 54 |
| 2708 6th Ave E | 0.56mi | 3/2.0 | 1,232 (+9%) | 1mo | $330,000 | $268 | 54 |
| 203 28th St W | 0.40mi | 2/2.0 (-1) | 1,243 (+10%) | 8mo | $269,000 | $216 | 49 |
| 308 28th St W | 0.44mi | 2/2.0 (-1) | 1,243 (+10%) | 12mo | $265,000 | $213 | 43 |
| 707 13th St W | 0.68mi | 3/1.0 | 984 (-13%) | 9mo | $200,000 | $203 | 40 |
| 3229 6th Ave W | 0.70mi | 2/2.0 (-1) | 1,010 (-10%) | 14mo | $283,000 | $280 | 29 |
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
- IRR
- -11.4%
- Equity multiple
- 0.60×
- Total profit
- $-28,148
- Equity at exit
- $37,112
- IRR
- -6.7%
- Equity multiple
- 0.62×
- Total profit
- $-26,283
- Equity at exit
- $21,520
Cash invested: $69,692 (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
ZIP-level market 34221
- Rents YoY
- -3.0%
- Active inventory
- 1160
- Price-to-rent
- 9.1×
Monthly cashflow live
- Estimated rent
- $2,275 high interval (Pro) →
- Mortgage (P&I)
- −$1,305
- Tax from tax record
- −$91 /mo · $1,089/yr
- Insurance
- −$104
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$478
- Net cashflow
- $298
Break-even live
Sensitivity live
| Price | -10% $438 | -5% $368 | +0% $298 | +5% $227 | +10% $157 |
|---|---|---|---|---|---|
| Rent | -10% $118 | -5% $208 | +0% $298 | +5% $387 | +10% $477 |
| Rate | -1.0pp $423 | -0.5pp $361 | base $298 | +0.5pp $233 | +1.0pp $167 |
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
- $62,225
- Closing costs
- $7,467
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 27 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1809 5th Ave W Palmetto, FL | 3.0 | 1.0 | 962 | $1,895 | $1.97 | 24d | 1 | 0.26mi |
| 1910 3rd Ave E Palmetto, FL | 4.0 | 2.0 | 1214 | $2,600 | $2.14 | 24d | 1 | 0.28mi |
| 307 27th St E Palmetto, FL | 2.0 | 2.0 | 980 | $2,000 | $2.04 | 24d | 1 | 0.38mi |
| 719 23rd St E Palmetto, FL | 3.0 | 2.0 | 1060 | $1,800 | $1.70 | 11d | 1 | 0.52mi |
| 900 21st St E Palmetto, FL | 2.0–3.0 | 1.0 | 800 | $1,795 | $2.24 | 24d | 1 | 0.59mi |
| 3222 6th Ave W Palmetto, FL | 3.0 | 2.0 | 1414 | $2,185 | $1.55 | 24d | 1 | 0.64mi |
| 2615 9th Avenue Dr E Palmetto, FL | 3.0 | 2.0 | 1369 | $2,200 | $1.61 | 24d | 1 | 0.68mi |
| 2211 11th Ave E Palmetto, FL | 3.0 | 2.0 | 1285 | $2,195 | $1.71 | 16d | 1 | 0.72mi |
| 501 11th St W Palmetto, FL | 2.0 | 1.0 | 850 | $1,340 | $1.58 | 2d | 1 | 0.80mi |
| 1229 11th Ave W Palmetto, FL | 3.0 | 1.0 | 1072 | $1,800 | $1.68 | 2d | 1 | 0.96mi |
| 1213 15th St W Palmetto, FL | 2.0 | 1.0 | 1000 | $1,800 | $1.80 | 24d | 1 | 0.96mi |
| 2225 14th Ave W Palmetto, FL | 2.0 | 2.0 | 1120 | $1,895 | $1.69 | 24d | 1 | 1.02mi |
| 2225 14th Ave W Unit 204 Palmetto, FL | 2.0 | 2.0 | 1120 | $1,795 | $1.60 | 24d | 1 | 1.02mi |
| 2320 Terra Ceia Bay Blvd #211 Palmetto, FL | 2.0 | 2.0 | 978 | $2,500 | $2.56 | 24d | 1 | 1.08mi |
| 1607 18th St E Palmetto, FL | 3.0 | 1.0 | 916 | $1,950 | $2.13 | 24d | 1 | 1.08mi |
| 1514 Fairway Oaks Dr Palmetto, FL | 3.0 | 2.0 | 1461 | $1,540 | $1.05 | 11d | 1 | 1.22mi |
| 626 9th Ave W Palmetto, FL | 3.0 | 2.0 | 1200 | $2,200 | $1.83 | 24d | 1 | 1.23mi |
| 900 9th Ave E Unit 180 Palmetto, FL | 2.0 | 2.0 | 1000 | $1,650 | $1.65 | 16d | 1 | 1.24mi |
| 3115 Live Oak Ln #30 Palmetto, FL | 2.0 | 2.0 | 1253 | $3,695 | $2.95 | 24d | 1 | 1.28mi |
| 507 10th Ave W Palmetto, FL | 2.0 | 1.0 | 737 | $1,495 | $2.03 | 16d | 1 | 1.37mi |
| 2602 Edgewater Ct Palmetto, FL | 2.0 | 2.0 | 1253 | $4,000 | $3.19 | 24d | 1 | 1.38mi |
| 2625 Terra Ceia Bay Blvd #802 Palmetto, FL | 2.0 | 2.0 | 1148 | $2,395 | $2.09 | 24d | 1 | 1.44mi |
| 2625 Terra Ceia Bay Blvd #401 Palmetto, FL | 2.0 | 2.0 | 1349 | $3,495 | $2.59 | 24d | 1 | 1.44mi |
| 709 45th St E Palmetto, FL | 2.0 | 2.0 | 1000 | $1,550 | $1.55 | 3d | 1 | 1.44mi |
| 2725 Terra Ceia Bay Blvd #102 Palmetto, FL | 2.0 | 2.0 | 1256 | $2,200 | $1.75 | 16d | 1 | 1.45mi |
| 2725 Terra Ceia Bay Blvd #201 Palmetto, FL | 3.0 | 2.0 | 1486 | $2,200 | $1.48 | 3d | 1 | 1.45mi |
| 515 45th St E Palmetto, FL | 2.0 | 2.0 | 900 | $2,100 | $2.33 | 24d | 1 | 1.46mi |
Listing history 36 events
-
2026-05-02status Pending
-
2026-04-17price $248,900
-
2026-03-17price $249,900
-
2026-03-10price $260,900
-
2026-02-20status Active
-
2026-02-20status Pending
-
2026-02-13price $261,900
-
2026-02-06price $262,900
-
2026-02-02price $263,900
-
2026-01-22price $265,900
-
2026-01-12price $267,900
-
2026-01-09price $269,900
-
2025-12-29price $271,900
-
2025-12-15price $276,900
-
2025-12-05price $277,900
-
2025-10-24price $278,900
-
2025-09-17$279,900 Active
-
2025-05-05soldstatus $175,000
-
2025-04-25soldstatus $110,000
-
2021-10-13soldstatus $167,500
-
2021-09-28soldstatus $167,000 Closed 983-char remark
Show marketing remark (983 chars)
2019 ROOF!!! Move in ready!! HUGE FENCED BACKYARD!! CONVENTIONAL/VA OFFERS WELCOME. 215 22nd St. Wow. Every detail of this 3 bedroom. 1 bathroom home has been thoughtfully picked. You enter into a charming flex space that could serve as a dining area or home office. Natural light is plenty throughout & there is a spacious living room perfect for entertainment. The interior and exterior are freshly painted. The kitchen has upgraded countertops and appliances. Laminate flooring has been laid throughout all of the home, meaning NO CARPET. The bathroom has also been updated with new vanity and decorative tile behind the tub. The backyard is HUGE and an entertainment oasis w/ space for a pool or playground set! Low taxes, NO HOA fees, NO flood insurance, and NO CDD fee make this home one of the most affordable in the area! Prime location near restaurants, shopping, entertainment and all that Palmetto has to offer: including a Walmart, Aldi and Publix within 5 minutes.
-
2021-09-17status Pending 983-char remark
Show marketing remark (983 chars)
2019 ROOF!!! Move in ready!! HUGE FENCED BACKYARD!! CONVENTIONAL/VA OFFERS WELCOME. 215 22nd St. Wow. Every detail of this 3 bedroom. 1 bathroom home has been thoughtfully picked. You enter into a charming flex space that could serve as a dining area or home office. Natural light is plenty throughout & there is a spacious living room perfect for entertainment. The interior and exterior are freshly painted. The kitchen has upgraded countertops and appliances. Laminate flooring has been laid throughout all of the home, meaning NO CARPET. The bathroom has also been updated with new vanity and decorative tile behind the tub. The backyard is HUGE and an entertainment oasis w/ space for a pool or playground set! Low taxes, NO HOA fees, NO flood insurance, and NO CDD fee make this home one of the most affordable in the area! Prime location near restaurants, shopping, entertainment and all that Palmetto has to offer: including a Walmart, Aldi and Publix within 5 minutes.
-
2021-09-10status Active 983-char remark
Show marketing remark (983 chars)
2019 ROOF!!! Move in ready!! HUGE FENCED BACKYARD!! CONVENTIONAL/VA OFFERS WELCOME. 215 22nd St. Wow. Every detail of this 3 bedroom. 1 bathroom home has been thoughtfully picked. You enter into a charming flex space that could serve as a dining area or home office. Natural light is plenty throughout & there is a spacious living room perfect for entertainment. The interior and exterior are freshly painted. The kitchen has upgraded countertops and appliances. Laminate flooring has been laid throughout all of the home, meaning NO CARPET. The bathroom has also been updated with new vanity and decorative tile behind the tub. The backyard is HUGE and an entertainment oasis w/ space for a pool or playground set! Low taxes, NO HOA fees, NO flood insurance, and NO CDD fee make this home one of the most affordable in the area! Prime location near restaurants, shopping, entertainment and all that Palmetto has to offer: including a Walmart, Aldi and Publix within 5 minutes.
-
2021-08-22status Pending 983-char remark
Show marketing remark (983 chars)
2019 ROOF!!! Move in ready!! HUGE FENCED BACKYARD!! CONVENTIONAL/VA OFFERS WELCOME. 215 22nd St. Wow. Every detail of this 3 bedroom. 1 bathroom home has been thoughtfully picked. You enter into a charming flex space that could serve as a dining area or home office. Natural light is plenty throughout & there is a spacious living room perfect for entertainment. The interior and exterior are freshly painted. The kitchen has upgraded countertops and appliances. Laminate flooring has been laid throughout all of the home, meaning NO CARPET. The bathroom has also been updated with new vanity and decorative tile behind the tub. The backyard is HUGE and an entertainment oasis w/ space for a pool or playground set! Low taxes, NO HOA fees, NO flood insurance, and NO CDD fee make this home one of the most affordable in the area! Prime location near restaurants, shopping, entertainment and all that Palmetto has to offer: including a Walmart, Aldi and Publix within 5 minutes.
-
2021-08-18$175,000 Active 983-char remark
Show marketing remark (983 chars)
2019 ROOF!!! Move in ready!! HUGE FENCED BACKYARD!! CONVENTIONAL/VA OFFERS WELCOME. 215 22nd St. Wow. Every detail of this 3 bedroom. 1 bathroom home has been thoughtfully picked. You enter into a charming flex space that could serve as a dining area or home office. Natural light is plenty throughout & there is a spacious living room perfect for entertainment. The interior and exterior are freshly painted. The kitchen has upgraded countertops and appliances. Laminate flooring has been laid throughout all of the home, meaning NO CARPET. The bathroom has also been updated with new vanity and decorative tile behind the tub. The backyard is HUGE and an entertainment oasis w/ space for a pool or playground set! Low taxes, NO HOA fees, NO flood insurance, and NO CDD fee make this home one of the most affordable in the area! Prime location near restaurants, shopping, entertainment and all that Palmetto has to offer: including a Walmart, Aldi and Publix within 5 minutes.
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2021-07-07soldstatus $116,500
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2018-07-03soldstatus $106,000
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2018-07-02soldstatus $106,000 Sold 261-char remark
Show marketing remark (261 chars)
This completely remodeled cottage home is a must see. Everything is new. New kitchen, new Bathroom, all new tile throughout home, new wood fenced in yard. This home is close to schools, shopping and public transportation is close by. Dont let this one get away.
-
2018-06-04status Pending 261-char remark
Show marketing remark (261 chars)
This completely remodeled cottage home is a must see. Everything is new. New kitchen, new Bathroom, all new tile throughout home, new wood fenced in yard. This home is close to schools, shopping and public transportation is close by. Dont let this one get away.
-
2018-06-01status Active 261-char remark
Show marketing remark (261 chars)
This completely remodeled cottage home is a must see. Everything is new. New kitchen, new Bathroom, all new tile throughout home, new wood fenced in yard. This home is close to schools, shopping and public transportation is close by. Dont let this one get away.
-
2018-05-21status Pending 261-char remark
Show marketing remark (261 chars)
This completely remodeled cottage home is a must see. Everything is new. New kitchen, new Bathroom, all new tile throughout home, new wood fenced in yard. This home is close to schools, shopping and public transportation is close by. Dont let this one get away.
-
2018-05-14$107,900 Active 261-char remark
Show marketing remark (261 chars)
This completely remodeled cottage home is a must see. Everything is new. New kitchen, new Bathroom, all new tile throughout home, new wood fenced in yard. This home is close to schools, shopping and public transportation is close by. Dont let this one get away.
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2018-01-24soldstatus $49,900
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2018-01-17soldstatus $49,900 Sold
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2018-01-05status Pending
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2018-01-02$39,900 Active
ⓘ 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
- $1,089 · $91/mo
- Projected year-2 tax
- $2,066 · $172/mo
- Expected delta
- +$977/yr (+$81/mo · 89.7%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (unshaded) · 9% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,301
- − Mortgage interest
- −$13,942
- − Property taxes
- −$1,089
- − Insurance
- −$1,244
- − Repairs & maintenance
- −$2,184
- − Management
- −$2,184
- − Depreciation
- −$7,241
- Taxable loss
- −$584
- Est. tax savings @ 24.0%
- +$140
- After-tax cash flow
- $3,711/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 — Memphis
- Score
- 63/100
- State rank
- #745
- US rank
- #16072
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Memphis, FL
- County
- Manatee County · 416,364 people
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 56,208
- Household income
- $77,712
- Rent vs Own
- Severe rent burden
- 1193.0
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 0.58)
- Race & ethnicity
- White 59% Hispanic / Latino 22% Black 14% Two or more races 11%
- Hispanic origin (detail)
- Mexican 14% Puerto Rican 3%
- Common ancestry
- Romanian 2% Lithuanian 2% Italian 2%
- Foreign-born
- 10% · Canada, Dominican Republic, Jamaica
- Languages at home
- 81% English-only · Spanish 16% 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
- ▼ -383.53%
- Current HPI
- 302.1458
- Rent YoY
- ▼ -2.98%
- 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
+523.8% since first listed36 events — show timeline
- 2026-05-02 Pending — Stellar MLS as Distributed by MLS Grid
- 2026-04-17 Price Changed $248,900 Stellar MLS as Distributed by MLS Grid
- 2026-03-17 Price Changed $249,900 Stellar MLS as Distributed by MLS Grid
- 2026-03-10 Price Changed $260,900 Stellar MLS as Distributed by MLS Grid
- 2026-02-20 Relisted — Stellar MLS as Distributed by MLS Grid
- 2026-02-20 Pending — Stellar MLS as Distributed by MLS Grid
- 2026-02-13 Price Changed $261,900 Stellar MLS as Distributed by MLS Grid
- 2026-02-06 Price Changed $262,900 Stellar MLS as Distributed by MLS Grid
- 2026-02-02 Price Changed $263,900 Stellar MLS as Distributed by MLS Grid
- 2026-01-22 Price Changed $265,900 Stellar MLS as Distributed by MLS Grid
- 2026-01-12 Price Changed $267,900 Stellar MLS as Distributed by MLS Grid
- 2026-01-09 Price Changed $269,900 Stellar MLS as Distributed by MLS Grid
- 2025-12-29 Price Changed $271,900 Stellar MLS as Distributed by MLS Grid
- 2025-12-15 Price Changed $276,900 Stellar MLS as Distributed by MLS Grid
- 2025-12-05 Price Changed $277,900 Stellar MLS as Distributed by MLS Grid
- 2025-10-24 Price Changed $278,900 Stellar MLS as Distributed by MLS Grid
- 2025-09-17 Listed $279,900 Stellar MLS as Distributed by MLS Grid
- 2025-05-05 Sold (Public Records) $175,000 Public Records
- 2025-04-25 Sold (Public Records) $110,000 Public Records
- 2021-10-13 Sold (Public Records) $167,500 Public Records
- 2021-09-28 Sold (MLS) $167,000 Stellar MLS as Distributed by MLS Grid
- 2021-09-17 Pending — Stellar MLS as Distributed by MLS Grid
- 2021-09-10 Relisted — Stellar MLS as Distributed by MLS Grid
- 2021-08-22 Pending — Stellar MLS as Distributed by MLS Grid
- 2021-08-18 Listed $175,000 Stellar MLS as Distributed by MLS Grid
- 2021-07-07 Sold (Public Records) $116,500 Public Records
- 2018-07-03 Sold (Public Records) $106,000 Public Records
- 2018-07-02 Sold (MLS) $106,000 Stellar MLS as Distributed by MLS Grid
- 2018-06-04 Pending — Stellar MLS as Distributed by MLS Grid
- 2018-06-01 Relisted — Stellar MLS as Distributed by MLS Grid
- 2018-05-21 Pending — Stellar MLS as Distributed by MLS Grid
- 2018-05-14 Listed $107,900 Stellar MLS as Distributed by MLS Grid
- 2018-01-24 Sold (Public Records) $49,900 Public Records
- 2018-01-17 Sold (MLS) $49,900 Stellar MLS as Distributed by MLS Grid
- 2018-01-05 Pending — Stellar MLS as Distributed by MLS Grid
- 2018-01-02 Listed $39,900 Stellar MLS as Distributed by MLS Grid
Property tax history
+6.5%/yrLatest (2025): $1,089 · -41.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…