5316 53rd Ave E Unit M15 · Samoset, FL 34203

$175,000

2 bd · 2.0 ba · 1,104 sqft · Manufactured public records · 158 Days on market

Built 1983 4,182 sqft lot Est $168k · at est. $332/mo HOA · 16% 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).

• Cash flow +18.5/30.0
• 1% rule +6.9/10.0
• DSCR +5.8/10.0
• ARV discount +5.6/15.0
• Schools +4.4/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Ready to move into 2 bedroom 2 bath furnished mobile home in a very nice park. Attractive laminate flooring through out for easy care. Open floor plan for the living room, dining room and kitchen. Enclosed lanai with hurricane shutters. Video on premises. Covered carport and work shop/ utility room with washer and dryer and a laundry tub. Westwinds is a very nice community with a large clubhouse and heated community pool. Conveniently located close to shopping , restaurants and I 75. The local air port and Bradenton and Sarasota are close by. Make your appointment to see today.

Key facts

• Laminate flooring
• Open floor plan
• Covered carport

Tags

• FURNISHED MOBILE HOME
• LAMINATE FLOORING
• OPEN FLOOR PLAN
• ENCLOSED LANAI
• HURRICANE SHUTTERS
• COVERED CARPORT

Property features AI

Finance

• Other: Furnished (yes)
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (Lou Paul) — monthly fee $332; HOA fee includes cable TV, common area taxes, pool, internet, grounds maintenance, management, private road, sewer, trash, water; Association amenities: clubhouse, pool, shuffleboard court, laundry, storage; fence restrictions; maintenance provided; Association approval required; Senior community; Pets allowed (cats and dogs, number limit)

Exterior

• Parking: Carport (1 space)
• Utilities: Public water; Public sewer; Electricity connected; Cable connected; Water connected
• Home design: Manufactured double-wide home; Single story; South-facing
• Construction: Other construction materials; Other roof type; Crawlspace foundation; Built as double wide manufactured home
• Exterior features: Asphalt road access; Lot about 0.1 acre (0 to less than 1/4 acre)

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Eat-in kitchen; Window treatments
• Laundry & utility: Washer; Dryer; Laundry features: Other

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $175k.

Deal economics

• At list price, monthly cash flow is $168 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $154k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 4.3% in Samoset — 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 65/100 on livability (#645 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, 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: Tara Elementary School (math 79% / reading 66%, grade A, #281 of 2,144 statewide, top 13%, 559 students, 52% FRL); Braden River High School (math 44% / reading 52%, grade D, #201 of 667 statewide, top 30%, 1,774 students, 45% FRL) — zoned schools at 48% FRL track the district average.
• Market conditions: Rents soft (-1.0%/yr); 387 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 35% of the median local income ($71k/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 $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 158 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $66k; list at $175k implies a 165% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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.

Recommended offer $154,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 158 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-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. 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?
7. 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.
8. 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.
9. 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: 1.19% ✓
• Cap rate: 7.44%
• Cash-on-cash: 4.11%
• DSCR: 1.18
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $167,808
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5316 53rd Ave E Unit N9	0.06mi	2/2.0	1,056 (-4%)	3mo	$160,000	$152	87
5316 53rd Ave E Unit L1	0.09mi	2/2.0	1,056 (-4%)	5mo	$175,000	$166	84
5316 53rd Ave E Unit K14	0.16mi	2/2.0	1,056 (-4%)	6mo	$140,000	$133	80
5316 53rd Ave E Unit M7	0.07mi	3/2.0 (+1)	1,152 (+4%)	10mo	$185,000	$161	76
5707 45th St E #253	0.43mi	2/2.0	1,115 (+1%)	3mo	$174,900	$157	76
5707 45th St E #136	0.43mi	2/2.0	1,100 (-0%)	6mo	$150,000	$136	75
5316 53rd Ave E Unit K12	0.15mi	2/1.5	1,216 (+10%)	1mo	$130,000	$107	73
5707 45th St E #180	0.43mi	2/2.0	1,125 (+2%)	4mo	$225,000	$200	73
5316 53rd Ave E Unit X7	0.18mi	2/2.0	1,215 (+10%)	3mo	$155,000	$128	72
5316 53rd Ave E Unit Q5	0.09mi	2/2.0	960 (-13%)	4mo	$105,000	$109	71
5707 45th St E #158	0.43mi	2/2.0	1,042 (-6%)	3mo	$170,000	$163	68
5316 53rd Ave E Unit F24	0.37mi	2/2.0	1,056 (-4%)	9mo	$60,000	$57	68

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: -13.9%
• Equity multiple: 0.52×
• Total profit: $-23,568
• Equity at exit: $26,093

10-year hold

• IRR: -12.1%
• Equity multiple: 0.40×
• Total profit: $-29,491
• Equity at exit: $15,131

Cash invested: $49,000 (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 34203

• Home prices YoY: -24.5%
• Rents YoY: -1.0%
• Active inventory: 387
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,075 high
• Mortgage (P&I): −$918
• Tax from tax record: −$149 /mo · $1,786/yr
• Insurance: −$73
• HOA: −$332
• Vacancy / Maint / Mgmt: −$436
• Net cashflow: $168

Break-even live

Break-even rent $1,863

Max offer price $175,000

Occupancy floor 87%

Sensitivity live

Price	-10% $267	-5% $217	+0% $168	+5% $118	+10% $69
Rent	-10% $4	-5% $86	+0% $168	+5% $250	+10% $332
Rate	-1.0pp $256	-0.5pp $212	base $168	+0.5pp $122	+1.0pp $76

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5616 Gentle Breeze St Bradenton, FL	2.0	2.0	1100	$1,700	$1.55	25d	1	0.24mi
5316 53rd Ave E Unit Q111 Bradenton, FL	2.0	2.0	1056	$1,495	$1.42	12d	1	0.32mi
5707 45th St E #19 Bradenton, FL	2.0	2.0	972	$1,700	$1.75	25d	1	0.40mi
5650 Simonton St Bradenton, FL	2.0	2.5	1496	$2,095	$1.40	5d	1	0.44mi
5635 Whitehead St Bradenton, FL	2.0	2.5	1496	$2,300	$1.54	25d	1	0.51mi
5016 Misty Canal Pl Bradenton, FL	2.0	2.5	1080	$1,950	$1.81	25d	1	0.72mi
4540 Runabout Way Bradenton, FL	2.0	2.5	1080	$2,300	$2.13	25d	1	0.76mi
3645 Ali ala LOOP Braden River, FL	1.0	1.0	950	$1,400	$1.47	25d	1	0.97mi
3880 Palm Isle Pl Bradenton, FL	1.0–2.0	1.0–2.0	1042	$2,499	$2.40	3d	13	1.01mi
5515 Fair Oaks St Unit 5515 Bradenton, FL	2.0	2.0	1004	$2,000	$1.99	25d	1	1.14mi
4815 Woodbrook Dr Sarasota, FL	2.0	2.0	1080	$2,290	$2.12	5d	1	1.15mi
5414 Fair Oaks St Unit 10-D Bradenton, FL	2.0	2.0	1004	$1,995	$1.99	5d	1	1.20mi
6503 Fairway Gardens Dr Unit Available Bradenton, FL	2.0	2.0	1346	$2,200	$1.63	25d	1	1.21mi
6501 Stone River Rd Unit Available Bradenton, FL	2.0	2.0	1118	$2,200	$1.97	25d	1	1.27mi
6501 Stone River Rd Bradenton, FL	2.0	2.0	1080	$2,820	$2.61	17d	2	1.27mi
6505 Stone River Rd Bradenton, FL	2.0	2.0	1080	$2,825	$2.62	17d	3	1.35mi

HOA detail

• Monthly dues: $332 · $3,984/yr
• Likely covers: pool

Listing history 17 events

1. 2026-06-22
   days on market $175,000 Active 158 DOM
2. 2026-06-18
   days on market $175,000 Active 155 DOM
3. 2026-06-17
   days on market $175,000 Active 154 DOM
4. 2026-06-16
   days on market $175,000 Active 153 DOM
5. 2026-06-15
   days on market $175,000 Active 152 DOM
6. 2026-06-13
   days on market $175,000 Active 150 DOM
7. 2026-06-13
   days on market $175,000 Active 149 DOM
8. 2026-06-10
   days on market $175,000 Active 147 DOM
9. 2026-06-09
   days on market $175,000 Active 146 DOM
10. 2026-06-08
    days on market $175,000 Active 145 DOM
11. 2026-06-08
    days on market $175,000 Active 144 DOM
12. 2026-06-01
    days on market $175,000 Active 140 DOM
13. 2026-05-31
    days on market $175,000 Active 139 DOM
14. 2026-01-07
    listed $175,000 Active
15. 2014-06-11
    soldstatus $66,000
16. 1993-12-13
    soldstatus $57,000
17. 1991-12-12
    soldstatus $20,000

ⓘ 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: $1,786 · $149/mo
• Projected year-2 tax: $1,786 · $149/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 30 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,898
• − Mortgage interest: −$9,803
• − Property taxes: −$1,786
• − Insurance: −$875
• − Repairs & maintenance: −$1,992
• − Management: −$1,992
• − HOA: −$3,984
• − Depreciation: −$5,091
• Taxable loss: −$624
• Est. tax savings @ 24.0%: +$150
• After-tax cash flow: $2,162/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 — Samoset

• Score: 65/100
• State rank: #645
• US rank: #12763

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Manatee County · 416,364 people
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 40,618
• Household income: $70,761
• Rent vs Own: 27.3% rent · 72.7% own
• Severe rent burden: 1469.0

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 19% Two or more races 12% Black 9% Asian 5%
• Hispanic origin (detail): Mexican 9% Puerto Rican 3% Cuban 2% Dominican 1%
• Common ancestry: Lithuanian 3% Romanian 3% Slovak 2%
• Foreign-born: 17% · Canada, Vietnam, Dominican Republic
• Languages at home: 76% English-only · Spanish 16% Vietnamese 2% 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: ▼ -95.87%
• Current HPI: 295.8871
• Rent YoY: ▼ -0.97%
• 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

+775.0% since first listed

4 events — show timeline

• 2026-01-07 Listed $175,000 Stellar MLS as Distributed by MLS Grid
• 2014-06-11 Sold (Public Records) $66,000 Public Records
• 1993-12-13 Sold (Public Records) $57,000 Public Records
• 1991-12-12 Sold (Public Records) $20,000 Public Records

Property tax history

+13.0%/yr

Latest (2024): $1,786 · -4.5% YoY. Source: county tax records.