3300 26th Ave E #228 · Bradenton, FL 34208

$89,000

1 bd · 1.0 ba · 252 sqft · Manufactured public records · 95 Days on market

Built 1986 1,394 sqft lot $166/mo HOA · 13% 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 +27.7/30.0
• DSCR +9.8/10.0
• 1% rule +9.3/10.0
• ARV discount +7.5/15.0
• 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

Welcome to Sugar Creek Resort! A 55+ community full of vibrant activities for those that like to stay active. This community features pickleball, tennis, large heated pool, shuffleboard, miniature golf, a billiards room and so much more! Come see this adorable mobile home it's small but can meet all of your snow bird needs. This unit in in a cul-de-sac and sits on a corner lot with green space and foilage on one side. The cul-de-sac features additional green space where neighbors meet and enjoy getting to know each other. Come make new friends and enjoy the Florida winters.

Key facts

• Tennis
• Pickleball
• Billiards room

Tags

• LARGE HEATED POOL
• PICKLEBALL
• TENNIS
• SHUFFLEBOARD
• MINIATURE GOLF
• BILLIARDS ROOM

Property features AI

Finance

• Other: Furnished; Total living area approximately 449 square feet; Lot size about 0.03 acres
• Financial info: Lease restrictions apply
• HOA & community: HOA required with approval required; Monthly HOA fee about $166.67 (quarterly fee $500); HOA amenities: clubhouse, pool, tennis courts, pickleball courts, basketball court, shuffleboard court, laundry, gated community, community mailbox; Senior community; Pets not allowed

Exterior

• Utilities: Public water; Public sewer; Electricity connected
• Home design: Residential manufactured home (single wide); One story; East-facing
• Construction: Frame construction; Metal roof; Crawlspace foundation; Built as a manufactured home
• Exterior features: Asphalt road access

Interior

• Kitchen: Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: No laundry in unit

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $89k.

Deal economics

• At list price, monthly cash flow is $203 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $89k).
• Recommended offer: $81k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.9% 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: William H. Bashaw Elementary (math 51% / reading 44%, grade D, #1,182 of 2,144 statewide, top 55%, 684 students, 69% FRL); Braden River Middle School (math 54% / reading 47%, grade C, #246 of 571 statewide, top 44%, 810 students, 58% FRL); Braden River High School (math 44% / reading 52%, grade D, #201 of 667 statewide, top 30%, 1,774 students, 45% FRL).
• Market conditions: Rents falling (-5.4%/yr); 351 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 $615 of loan paydown is wiped out by about $3k 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 95 days — a 9% lower offer ($81k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $10k; list at $89k implies a 748% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $80,990 (9.0% below list)

Questions for the listing agent

1. It's been on market 95 days. Have you received any prior offers? Is the seller open to a 9% 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: 1.43% ✓
• Cap rate: 9.92%
• Cash-on-cash: 12.96%
• DSCR: 1.58
• GRM: 5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -5.7%
• Equity multiple: 0.79×
• Total profit: $-5,112
• Equity at exit: $13,270

10-year hold

• IRR: -1.2%
• Equity multiple: 0.93×
• Total profit: $-1,712
• Equity at exit: $7,695

Cash invested: $24,920 (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: 351
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,274 medium
• Mortgage (P&I): −$467
• Tax from tax record: −$68 /mo · $813/yr
• Insurance: −$37
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$166
• Vacancy / Maint / Mgmt: −$268
• Net cashflow: $203

Break-even live

Break-even rent $1,018

Max offer price $89,000

Occupancy floor 79%

Sensitivity live

Price	-10% $253	-5% $228	+0% $203	+5% $177	+10% $152
Rent	-10% $102	-5% $152	+0% $203	+5% $253	+10% $303
Rate	-1.0pp $248	-0.5pp $225	base $203	+0.5pp $180	+1.0pp $156

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: $22,250
• Closing costs: $2,670
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $166 · $1,992/yr
• Likely covers: pool

Listing history 17 events

1. 2026-06-22
   days on market $89,000 Active 95 DOM
2. 2026-06-18
   days on market $89,000 Active 92 DOM
3. 2026-06-17
   days on market $89,000 Active 91 DOM
4. 2026-06-16
   days on market $89,000 Active 90 DOM
5. 2026-06-15
   days on market $89,000 Active 89 DOM
6. 2026-06-13
   days on market $89,000 Active 87 DOM
7. 2026-06-13
   days on market $89,000 Active 86 DOM
8. 2026-06-10
   days on market $89,000 Active 84 DOM
9. 2026-06-09
   days on market $89,000 Active 83 DOM
10. 2026-06-08
    days on market $89,000 Active 82 DOM
11. 2026-06-08
    days on market $89,000 Active 81 DOM
12. 2026-06-03
    days on market $89,000 Active 77 DOM
13. 2026-06-02
    days on market $89,000 Active 76 DOM
14. 2026-06-01
    days on market $89,000 Active 75 DOM
15. 2026-05-31
    days on market $89,000 Active 74 DOM
16. 2026-03-18
    listed $89,000 Active
17. 1982-05-18
    soldstatus $10,500

ⓘ 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: $813 · $68/mo
• Projected year-2 tax: $813 · $68/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 7/10 Severe FEMA zone X (shaded) · 75% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 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: $15,292
• − Mortgage interest: −$4,985
• − Property taxes: −$813
• − Insurance: −$1,242
• − Repairs & maintenance: −$1,223
• − Management: −$1,223
• − HOA: −$1,992
• − Depreciation: −$2,589
• Taxable income: $1,223
• Est. tax owed @ 24.0%: −$294
• After-tax cash flow: $2,139/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

+747.6% since first listed

2 events — show timeline

• 2026-03-18 Listed $89,000 Stellar MLS as Distributed by MLS Grid
• 1982-05-18 Sold (Public Records) $10,500 Public Records

Property tax history

+5.5%/yr

Latest (2024): $813 · +2.6% YoY. Source: county tax records.