3275 26th Ave E #125 · Bradenton, FL 34208

$49,900

1 bd · 1.0 ba · 384 sqft · Manufactured public records · 186 Days on market

Built 1980 2,479 sqft lot Est $59k · 15% under $183/mo HOA · 14% of rent

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Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +14.3/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

A very nice and well maintained home. It has a recently purchased air conditioner, refrigerator, stackable washer-dryer, hot water heater and carpeting. This is a 1980 model home in a GATED COMMUNITY and the COMMUNITY PROVIDES GRASS CUTTING, TRASH REMOVAL, WATER, SEWER AND CABLE ALL FOR $105 PER MONTH FEE. Also, included as well for that fee is a heated pool, a shuffleboard court, a very nice clubhouse and maintenance of the public areas. You will never be bored in this community! There are many activities and you'll make precious friendships that will last a lifetime! And WHY PAY LOT RENT WHEN YOU CAN LIVE HERE FOR $105 PER MONTH! The big question is: What are you waiting for?! Come and enjoy the delightful Florida climate and lifestyle that you've always dreamed about at SUGAR CREEK ESTATES!

Key facts

• Screened in porch
• Walk in closets
• Walk in shower

Tags

• WALK IN SHOWER
• WALK IN CLOSETS
• SCREENED IN PORCH

Property features AI

Finance

• Other: Lease/restrictions apply
• Financial info:
• HOA & community: HOA named Marie Morgan with required approval for new members; Monthly HOA fee (approx.) $183.33; quarterly association fee $550; Association covers cable TV, internet, sewer, trash and water; Community amenities: clubhouse, pool; golf carts allowed; shuffleboard court; Senior community; pets not allowed

Exterior

• Parking:
• Security:
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Water connected; Sewer connected
• Home design: Manufactured single-wide home; One story; Faces north
• Construction: Frame construction; Metal roof; Crawlspace foundation; Built as a manufactured home
• Exterior features: Other exterior features; Asphalt road access

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Washer; Dryer; Laundry inside

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $50k.

Deal economics

• At list price, monthly cash flow is $430 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Recommended offer: $44k (12.0% below list) — sets the bar for market timing.
• Cap rate 18.2% 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.
• Market conditions: Rents falling (-5.4%/yr); 345 active listings in the ZIP; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $345 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $14k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 186 days — a 12% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 13y ago; this cycle's ask has dropped $19k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $25k; list at $50k 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: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $43,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 186 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 2.60% ✓
• Cap rate: 18.22%
• Cash-on-cash: 42.60%
• DSCR: 2.90
• GRM: 3.2

CMA / ARV

• ARV (on-the-fly): $58,752
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3333 26th Ave E #1023	0.32mi	1/1.0	393 (+2%)	4mo	$60,000	$153	78
3300 26th Ave E #171	0.12mi	1/1.0	420 (+9%)	3mo	$29,900	$71	77

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: 28.3%
• Equity multiple: 2.12×
• Total profit: $15,640
• Equity at exit: $7,440

10-year hold

• IRR: 33.4%
• Equity multiple: 3.49×
• Total profit: $34,853
• Equity at exit: $4,314

Cash invested: $13,972 (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 34208

• Rents YoY: -5.4%
• Active inventory: 345
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $1,298 medium
• Mortgage (P&I): −$262
• Tax from tax record: −$64 /mo · $764/yr
• Insurance: −$21
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$183
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $430

Break-even live

Break-even rent $754

Max offer price $49,900

Occupancy floor 62%

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: $12,475
• Closing costs: $1,497
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $183 · $2,196/yr
• Likely covers: watersewertrashcablepoolsecurity

Listing history 12 events

1. 2026-05-12
   status Active
2. 2026-05-12
   price $49,900
3. 2026-05-10
   historical
4. 2026-03-08
   price $55,000
5. 2025-11-19
   listed $69,000 Active
6. 2025-10-14
   historical
7. 2025-04-18
   price $79,000
8. 2025-03-14
   listed $84,900 Active
9. 2014-02-21
   soldstatus $25,000 804-char remark

   Show marketing remark (804 chars)

   A very nice and well maintained home. It has a recently purchased air conditioner, refrigerator, stackable washer-dryer, hot water heater and carpeting. This is a 1980 model home in a GATED COMMUNITY and the COMMUNITY PROVIDES GRASS CUTTING, TRASH REMOVAL, WATER, SEWER AND CABLE ALL FOR $105 PER MONTH FEE. Also, included as well for that fee is a heated pool, a shuffleboard court, a very nice clubhouse and maintenance of the public areas. You will never be bored in this community! There are many activities and you'll make precious friendships that will last a lifetime! And WHY PAY LOT RENT WHEN YOU CAN LIVE HERE FOR $105 PER MONTH! The big question is: What are you waiting for?! Come and enjoy the delightful Florida climate and lifestyle that you've always dreamed about at SUGAR CREEK ESTATES!

10. 2014-02-06
    listed $30,000 804-char remark

    Show marketing remark (804 chars)

    A very nice and well maintained home. It has a recently purchased air conditioner, refrigerator, stackable washer-dryer, hot water heater and carpeting. This is a 1980 model home in a GATED COMMUNITY and the COMMUNITY PROVIDES GRASS CUTTING, TRASH REMOVAL, WATER, SEWER AND CABLE ALL FOR $105 PER MONTH FEE. Also, included as well for that fee is a heated pool, a shuffleboard court, a very nice clubhouse and maintenance of the public areas. You will never be bored in this community! There are many activities and you'll make precious friendships that will last a lifetime! And WHY PAY LOT RENT WHEN YOU CAN LIVE HERE FOR $105 PER MONTH! The big question is: What are you waiting for?! Come and enjoy the delightful Florida climate and lifestyle that you've always dreamed about at SUGAR CREEK ESTATES!

11. 2013-07-31
    listed $35,000
12. 1979-04-12
    soldstatus $9,300

ⓘ 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: $764 · $64/mo
• Projected year-2 tax: $764 · $64/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 8/10 Severe FEMA zone X (shaded) · 98% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,571
• − Mortgage interest: −$2,795
• − Property taxes: −$764
• − Insurance: −$1,047
• − Repairs & maintenance: −$1,246
• − Management: −$1,246
• − HOA: −$2,196
• − Depreciation: −$1,452
• Taxable income: $4,826
• Est. tax owed @ 24.0%: −$1,158
• After-tax cash flow: $3,996/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

• County: Manatee County · 416,364 people
• City population: 227,091
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 44,004
• Household income: $60,504
• Rent vs Own: 43.5% rent · 56.5% own
• Severe rent burden: 1777.0

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 0.67)
• Race & ethnicity: White 43% Hispanic / Latino 33% Black 18% Two or more races 16% Asian 2%
• Hispanic origin (detail): Mexican 18% Puerto Rican 3% Cuban 2% Dominican 2%
• Common ancestry: Hispanic 2% Iranian 2% Lithuanian 1%
• Foreign-born: 20% · Canada, Jamaica, China
• Languages at home: 67% English-only · Spanish 27% French/Haitian/Cajun 3% 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: ▼ -353.49%
• Current HPI: 287.0443
• Rent YoY: ▼ -5.44%
• 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

+436.6% since first listed

12 events — show timeline

• 2026-05-12 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-12 Price Changed $49,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-03-08 Price Changed $55,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-19 Listed $69,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-14 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-04-18 Price Changed $79,000 Stellar MLS as Distributed by MLS Grid
• 2025-03-14 Listed $84,900 Stellar MLS as Distributed by MLS Grid
• 2014-02-21 Sold (MLS) $25,000 Stellar MLS as Distributed by MLS Grid
• 2014-02-06 Listed $30,000 Stellar MLS as Distributed by MLS Grid
• 2013-07-31 Listed $35,000 Stellar MLS as Distributed by MLS Grid
• 1979-04-12 Sold (Public Records) $9,300 Public Records

Property tax history

+14.7%/yr

Latest (2025): $764 · -0.9% YoY. Source: county tax records.