3915 Lake Bayshore Dr #306 · South 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 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
- 31 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).
- ARV discount +15.0/15.0
- Cash flow +13.3/30.0
- 1% rule +7.5/10.0
- DSCR +4.2/10.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Schools +3.3/10.0
- Rent growth +1.9/5.0
- Appreciation +0.0/10.0
$80,000
3915 Lake Bayshore Dr #306 · South Bradenton, FL 34205
2 bd · 1.0 ba · 912 sqft · Condo
· 133 Days on market
55+ age-restricted
Built 1978
$88/sqft
· 28% below area
Est $111k · 28% under
$646/mo HOA · 43% of rent
↓ 10% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to this beautifully cared for 2-bedroom, 1-bath condominium located in the highly desirable 55+ community of Bayshore on the Lake. Situated on the 3rd floor, this move-in ready residence offers peaceful water views and a bright, inviting interior that has been exceptionally maintained. The updated finishes and excellent condition make this the perfect full-time residence, seasonal retreat, or low-maintenance Florida getaway. Enjoy relaxing mornings overlooking the water and convenient access to community amenities designed for an active and social lifestyle.
Key facts
- Water views
- Community amenities
- Convenient access
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/1.0-bath condo listed at $80k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-25 ($-305/yr) — negative.
- To cash-flow at today's rent, offer at most $76k (4.6% below list).
- Meets the 1% rule at list price ($1k rent vs $80k).
- Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
- Cap rate 5.9% vs local median 3.6% 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); 400 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 74d 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).
- This rent runs 34% 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 $553 of loan paydown is wiped out by about $2k 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 133 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 43% 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
$70,400
(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 133 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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.
- 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?
- 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
- 1.86% ✓
- Cap rate
- 5.91%
- Cash-on-cash
- -1.36%
- DSCR
- 0.94
- GRM
- 4.5
CMA / ARV
- ARV (median comp)
- $110,540
- List price
- $80,000
- Delta
- -27.63%
- 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 |
|---|---|---|---|---|---|---|---|
| 4009 Lake Bayshore Dr #105 | 0.06mi | 2/1.0 | 912 (0%) | 0mo | $32,000 | $35 | 97 |
| 4130 Heron Way Unit B-115 | 0.14mi | 2/2.0 | 960 (+5%) | 1mo | $115,400 | $120 | 80 |
| 2908 18th St W | 0.54mi | 2/1.0 | 884 (-3%) | 1mo | $240,000 | $271 | 69 |
| 3012 15th St W | 0.53mi | 2/1.0 | 874 (-4%) | 1mo | $289,000 | $331 | 68 |
| 668 Park Cir | 1.14mi | 2/1.5 | 918 (+1%) | 1mo | $123,000 | $134 | 61 |
| 2807 48th Ave Dr W | 0.89mi | 2/2.0 | 896 (-2%) | 0mo | $135,000 | $151 | 58 |
| 5123 20th St W | 1.20mi | 2/1.0 | 864 (-5%) | 0mo | $240,000 | $278 | 56 |
| 670 Park Cir | 1.15mi | 1/1.5 (-1) | 936 (+3%) | 0mo | $95,000 | $101 | 53 |
| 4105 35th Ave W #4105 | 1.22mi | 2/2.0 | 1,015 (+11%) | 0mo | $160,000 | $158 | 42 |
| 3801 42nd St W | 1.26mi | 2/2.0 | 1,044 (+14%) | 1mo | $165,000 | $158 | 36 |
| 4604 Park Acres Dr #96 | 1.16mi | 2/2.0 | 1,080 (+18%) | 1mo | $117,500 | $109 | 35 |
| 202 47th Avenue Dr W #332 | 1.32mi | 1/1.0 (-1) | 725 (-20%) | 0mo | $65,000 | $90 | 35 |
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
- -25.8%
- Equity multiple
- 0.17×
- Total profit
- $-18,514
- Equity at exit
- $11,928
10-year hold
- IRR
- -75.2%
- Equity multiple
- -0.49×
- Total profit
- $-33,323
- Equity at exit
- $6,917
Cash invested: $22,400 (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.
Active competition Active MLS
- For sale now
- 4 active · 3 under contract
- Median asking
- $131,000 ($141/sqft)
- Median days on market
- 174 d
- This list price
- 25% of active listings are priced below it
- ARV vs active asking
- -14.1% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34205
- Rents YoY
- -2.4%
- Active inventory
- 400
- Price-to-rent
- 4.5×
Monthly cashflow live
↻
- Estimated rent
- $1,485 high interval (Pro) →
- Mortgage (P&I)
- −$420
- Tax est. 1.5%
- −$100 /mo · $1,200/yr
- Insurance
- −$33
- HOA
- −$646
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$312
- Net cashflow
- $-25
Break-even live
Break-even rent
$1,518
Max offer price
$76,326
Occupancy floor
97%
Sensitivity live
| Price | -10% $30 | -5% $2 | +0% $-25 | +5% $-53 | +10% $-81 |
|---|---|---|---|---|---|
| Rent | -10% $-143 | -5% $-84 | +0% $-25 | +5% $33 | +10% $92 |
| Rate | -1.0pp $15 | -0.5pp $-5 | base $-25 | +0.5pp $-46 | +1.0pp $-67 |
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
- $20,000
- Closing costs
- $2,400
- 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 |
|---|---|---|---|---|---|---|---|---|
| 3693 Lake Bayshore Dr Bldg H Bradenton, FL | 1.0 | 1.0 | 760 | $1,295 | $1.70 | 65d | 1 | 0.07mi |
| 4204 Heron Way Unit B304 Bradenton, FL | 2.0 | 1.0 | 912 | $1,400 | $1.54 | 98d | 1 | 0.11mi |
| 3963 Lake Bayshore Dr Unit F-414 Bradenton, FL | 2.0 | 1.0 | 1040 | $1,200 | $1.15 | 110d | 1 | 0.12mi |
| 3737 Lake Bayshore Dr Unit 213 Bradenton, FL | 2.0 | 1.0 | 912 | $1,150 | $1.26 | 116d | 1 | 0.12mi |
| 4109 Lake Bayshore Dr Bradenton, FL | 1.0 | 1.0 | 768 | $1,250 | $1.63 | 119d | 1 | 0.13mi |
| 3525 19th St W Bradenton, FL | 2.0 | 1.0 | 592 | $1,395 | $2.36 | 0d | 1 | 0.22mi |
| 3525 19th St W Bradenton, FL | 2.0 | 1.0 | 870 | $1,600 | $1.84 | 9d | 1 | 0.22mi |
| 3528 14th St W Bradenton, FL | 1.0 | 1.0 | 720 | $1,300 | $1.81 | 9d | 1 | 0.35mi |
| 4540 19th Street Cir W Unit 4405-D Bradenton, FL | 2.0 | 1.0 | 804 | $1,495 | $1.86 | 9d | 1 | 0.39mi |
| 3506 14th St W Bradenton, FL | 3.0 | 1.0–2.0 | 874 | $1,725 | $1.97 | 5d | 4 | 0.41mi |
| 4515 26th St W Bradenton, FL | 1.0–2.0 | 1.0–2.0 | 806 | $1,510 | $1.87 | 0d | 31 | 0.47mi |
| 2306 30th Ave W Bradenton, FL | 3.0 | 2.0 | 945 | $1,500 | $1.59 | 7d | 1 | 0.48mi |
| 4444 17th St W Unit B Bradenton, FL | 2.0 | 1.0 | 850 | $2,200 | $2.59 | 119d | 1 | 0.48mi |
| 2915 36th Ave W Bradenton, FL | 1.0 | 1.0 | 650 | $1,750 | $2.69 | 4d | 1 | 0.52mi |
| 1308 36th Ave W Bradenton, FL | 1.0 | 1.0 | 715 | $1,199 | $1.68 | 119d | 1 | 0.53mi |
| 2305 46th Ave W Bradenton, FL | 1.0–2.0 | 1.0–2.0 | 1017 | $1,942 | $1.91 | 0d | 10 | 0.54mi |
| 2901 26th St W #807 Bradenton, FL | 2.0 | 2.0 | 940 | $1,400 | $1.49 | 80d | 1 | 0.58mi |
| 2901 26th St W #807 Bradenton, FL | 2.0 | 2.0 | 940 | $1,400 | $1.49 | 87d | 1 | 0.58mi |
| 2105 46th Avenue Dr W Unit 2405 Bradenton, FL | 3.0 | 2.0 | 884 | $2,100 | $2.38 | 73d | 1 | 0.58mi |
| 2901 26th St W Bradenton, FL | 2.0 | 2.0 | 940 | $1,650 | $1.76 | 9d | 2 | 0.59mi |
| 1007 35th Ave W Bradenton, FL | 3.0 | 1.0 | 950 | $1,499 | $1.58 | 9d | 1 | 0.70mi |
| 919 34th Ave W Bradenton, FL | 3.0 | 1.0 | 950 | $1,499 | $1.58 | 85d | 1 | 0.71mi |
| 915 34th Ave W Bradenton, FL | 3.0 | 1.0 | 950 | $1,399 | $1.47 | 9d | 1 | 0.72mi |
| 907 34th Ave W Unit B Bradenton, FL | 3.0 | 1.0 | 1000 | $1,795 | $1.79 | 119d | 1 | 0.74mi |
| 907 34th Ave W Bradenton, FL | 3.0 | 1.0 | 985 | $1,599 | $1.62 | 115d | 1 | 0.74mi |
| 927 33rd Ave W Bradenton, FL | 2.0 | 1.0 | 785 | $1,250 | $1.59 | 9d | 1 | 0.74mi |
| 4705 27th St W Unit A Bradenton, FL | 2.0 | 1.0 | 750 | $1,325 | $1.77 | 87d | 1 | 0.77mi |
| 4705 27th St W Unit A Bradenton, FL | 2.0 | 1.0 | 750 | $1,325 | $1.77 | 98d | 1 | 0.77mi |
| 2201 24th Ave W Bradenton, FL | 2.0 | 2.0 | 1115 | $1,950 | $1.75 | 119d | 1 | 0.77mi |
| 3503 9th Street Ct W Bradenton, FL | 2.0 | 1.0 | 1000 | $1,499 | $1.50 | 5d | 1 | 0.77mi |
| 2315 17th Street Ln W Bradenton, FL | 1.0 | 1.0 | 528 | $1,200 | $2.27 | 119d | 1 | 0.85mi |
| 2004 49th Ave W Unit 2002 Bradenton, FL | 2.0 | 2.0 | 1021 | $1,950 | $1.91 | 119d | 1 | 0.86mi |
| 4906 21st St W Bradenton, FL | 2.0 | 1.0 | 918 | $1,700 | $1.85 | 111d | 1 | 0.87mi |
| 2205 20th St W Bradenton, FL | 2.0 | 1.0 | 810 | $1,750 | $2.16 | 65d | 1 | 0.88mi |
| 2205 20th St W Bradenton, FL | 2.0 | 1.0 | 810 | $1,850 | $2.28 | 87d | 1 | 0.88mi |
| 4812 27th St W Unit 4812 Bradenton, FL | 2.0 | 2.0 | 912 | $1,495 | $1.64 | 81d | 1 | 0.89mi |
| 4812 27th St W Bradenton, FL | 2.0 | 2.0 | 912 | $1,495 | $1.64 | 62d | 1 | 0.89mi |
| 4907 24th St W Unit A Bradenton, FL | 2.0 | 1.0 | 900 | $1,480 | $1.64 | 9d | 1 | 0.89mi |
| 4907 24th St W Unit A Bradenton, FL | 2.0 | 1.0 | 900 | $1,480 | $1.64 | 0d | 1 | 0.89mi |
| 2722 49th Ave W Unit 2722 Bradenton, FL | 2.0 | 2.0 | 900 | $1,850 | $2.06 | 3d | 1 | 0.92mi |
Property features AI
Finance
- Other
- Furnished: negotiable
- Financial info
- Total annual HOA/fees $7,752Lease restrictions apply
- HOA & community
- Monthly HOA fee $646 (includes cable TV, common area taxes, pool, escrow reserves, internet, structure & grounds maintenance, management, pest control, trash)Association: Resource Property MgmtAssociation approval requiredAssociation amenities: cable TV, clubhouse, laundry, poolCommunity features: association recreation (owned), buyer approval required, clubhouse, community mailbox, poolSenior communityPets not allowed
Exterior
- Parking
- Parking available (details not specified)
- Utilities
- Public waterPublic sewerElectricity connectedSewer connectedWater connected
- Home design
- CondominiumResidential propertyOne levelFaces southwestLocated on floor 35-story building
- Construction
- Block and stucco constructionBuilt-up roofSlab foundation
- Exterior features
- Covered patio/porchBalconySliding doorsStoragePaved lotAsphalt road
Interior
- Kitchen
- MicrowaveRangeRefrigerator
- Bedrooms
- 2 bedrooms
- Flooring
- Tile
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Kitchen/family room comboLiving room/dining room comboOpen floorplanWalk-in closet(s)
- Laundry & utility
- Laundry available (community/association)
HOA detail $646/mo · $7,752/yr condo
- Likely covers
- water
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-22days on market $80,000 Active 133 DOM
-
2026-09-21days on market $80,000 Active 132 DOM
-
2026-09-20days on market $80,000 Active 131 DOM
-
2026-09-19days on market $80,000 Active 130 DOM
-
2026-09-18days on market $80,000 Active 129 DOM
-
2026-09-17days on market $80,000 Active 128 DOM
-
2026-09-16days on market $80,000 Active 127 DOM
-
2026-09-15days on market $80,000 Active 126 DOM
-
2026-09-14days on market $80,000 Active 125 DOM
-
2026-09-13days on market $80,000 Active 124 DOM
-
2026-09-12days on market $80,000 Active 123 DOM
-
2026-09-11pricedays on market $80,000 Active 122 DOM
-
2026-09-05days on market $85,000 Active 116 DOM
-
2026-09-04days on market $85,000 Active 115 DOM
-
2026-09-03days on market $85,000 Active 114 DOM
-
2026-08-31days on market $85,000 Active 111 DOM
-
2026-08-30days on market $85,000 Active 110 DOM
-
2026-08-29days on market $85,000 Active 109 DOM
-
2026-08-28days on market $85,000 Active 108 DOM
-
2026-08-27days on market $85,000 Active 107 DOM
-
2026-08-26days on market $85,000 Active 106 DOM
-
2026-08-25days on market $85,000 Active 105 DOM
-
2026-08-24days on market $85,000 Active 104 DOM
-
2026-08-23days on market $85,000 Active 103 DOM
-
2026-08-22days on market $85,000 Active 102 DOM
-
2026-08-21days on market $85,000 Active 101 DOM
-
2026-08-20days on market $85,000 Active 100 DOM
-
2026-08-19days on market $85,000 Active 99 DOM
-
2026-08-18days on market $85,000 Active 98 DOM
-
2026-08-17pricedays on market $85,000 Active 97 DOM
-
2026-08-16days on market $90,000 Active 96 DOM
-
2026-08-15days on market $90,000 Active 95 DOM
-
2026-08-14days on market $90,000 Active 94 DOM
-
2026-08-13days on market $90,000 Active 93 DOM
-
2026-08-12days on market $90,000 Active 92 DOM
-
2026-08-11days on market $90,000 Active 91 DOM
-
2026-08-10days on market $90,000 Active 90 DOM
-
2026-08-09days on market $90,000 Active 89 DOM
-
2026-08-08days on market $90,000 Active 88 DOM
-
2026-08-07days on market $90,000 Active 87 DOM
-
2026-08-06days on market $90,000 Active 86 DOM
-
2026-08-05days on market $90,000 Active 85 DOM
-
2026-08-04days on market $90,000 Active 84 DOM
-
2026-08-03days on market $90,000 Active 83 DOM
-
2026-07-31days on market $90,000 Active 80 DOM
-
2026-07-30days on market $90,000 Active 78 DOM
-
2026-07-28days on market $90,000 Active 77 DOM
-
2026-07-26days on market $90,000 Active 75 DOM
-
2026-07-24days on market $90,000 Active 73 DOM
-
2026-07-23days on market $90,000 Active 72 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 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,825
- − Mortgage interest
- −$4,481
- − Property taxes
- −$1,200
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,426
- − Management
- −$1,426
- − HOA
- −$7,752
- − Depreciation
- −$2,327
- Taxable loss
- −$1,188
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$285
- After-tax cash flow
- $-20/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 $4,560–$13,680 screening
This move-in ready 2-bedroom, 1-bath condominium is in excellent condition with updated finishes and a bright, inviting interior. It offers peaceful water views and is located in a highly desirable 55+ community with excellent amenities.
Value-add opportunities
- Both paint exterior — enhances curb appeal and resale value ↑
- Both replace carpet with tile — improves durability and resale value ↑
- Both install smart home devices — increases convenience and marketability ↑
ⓘ 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.
F
Composite school gradezoned avg 33/100
Zoned Schools
Elementary
Robert H. Prine Elementary School
F
FL #1,560/2,144
Nat'l #20,819/41,679
Middle
W. D. Sugg Middle School
F
FL #462/571
Nat'l #8,646/14,009
High
Southeast High School
F
FL #447/667
Nat'l #11,215/17,239
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
B
Composite livability gradescore 77/100
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 · 447,342 people
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 31,946
- Household income
- $52,525
- Rent vs Own
- Severe rent burden
- 18% 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 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 |
|
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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
-10.0% since first listed2 events — show timeline
- 2026-06-04 Price Changed $90,000 Stellar MLS as Distributed by MLS Grid
- 2026-05-12 Listed $100,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…