5301 Algeria Ct · Bayshore Gardens, FL 34207

$130,000

2 bd · 1.0 ba · 960 sqft · Manufactured public records · 369 Days on market

Built 1976 4,182 sqft lot Est $115k · 13% over $250/mo HOA · 17% 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 +17.3/30.0
• 1% rule +6.5/10.0
• DSCR +5.4/10.0
• Schools +4.4/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• ARV discount +1.7/15.0
• Rent growth +1.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Lovely corner lot mobile home is located in a fantastic Park! Fully furnished turnkey, lots of nice up-grades, vinyl siding, roof over. Maint. fee includes: water, sewer, trash, mowing and edging, use of heated pool and clubhouse. Inside cat allowed onthis lot.

Key facts

• Vinyl siding
• Corner lot
• Fully furnished

Tags

• CORNER LOT
• FULLY FURNISHED
• TURNKEY
• VINYL SIDING
• ROOF-OVER DESIGN
• HEATED POOL

Property features AI

Finance

• Financial info: Total monthly fees $250 (total annual fees $3,000); Lease restrictions apply
• HOA & community: Patrick community association (monthly fee $250); Association fee includes cable TV, common area taxes, pool, internet, grounds maintenance, management, sewer, trash, and water; Clubhouse, pool, shuffleboard court; Buyer/association approval required; Deed restrictions; Senior community; Pets not allowed; Partial furnishings

Exterior

• Parking: Has carport (1 space)
• Utilities: Public water; Public sewer; Cable available
• Home design: Residential mobile home (double wide); One story; Faces east
• Construction: Vinyl siding; Membrane roof; Built on crawlspace
• Exterior features: Storage; Asphalt road access

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Open floor plan; Range; Refrigerator; Vinyl flooring
• Laundry & utility: Laundry: Other; Crawlspace foundation

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $130k.

Deal economics

• At list price, monthly cash flow is $95 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.2% vs local median 4.7% in Bayshore Gardens — 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 82/100 on livability (#72 in FL, #1,180 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, commute C-, schools 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 (-5.5%/yr); 361 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 40% of the median local income ($45k/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 $899 of loan paydown is wiped out by about $4k 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 369 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 20y ago; this cycle's ask has dropped $19k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; list at $130k implies a 160% 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→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $114,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 369 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.15% ✓
• Cap rate: 7.17%
• Cash-on-cash: 3.14%
• DSCR: 1.14
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $115,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
502 Bolivia Blvd	0.13mi	2/2.0	960 (0%)	2mo	$124,900	$130	88
703 Corsica Ct	0.22mi	2/2.0	1,008 (+5%)	4mo	$98,000	$97	74
704 49th Avenue Ter W	0.44mi	2/1.0	978 (+2%)	4mo	$125,000	$128	73
403 52nd Avenue Plz W	0.19mi	2/1.0	846 (-12%)	1mo	$75,000	$89	71
406 50th Ave W	0.43mi	2/1.5	928 (-3%)	3mo	$128,900	$139	70
1106 51st Ave W	0.39mi	2/1.0	890 (-7%)	2mo	$54,000	$61	68
511 50th Avenue Dr W	0.40mi	2/1.5	880 (-8%)	2mo	$66,500	$76	64
1106 49th Avenue Dr W	0.54mi	2/2.0	1,013 (+6%)	0mo	$145,000	$143	61
918 49th Ave W	0.53mi	2/2.0	876 (-9%)	4mo	$127,000	$145	54
715 50th Avenue Ter W	0.34mi	2/2.0	1,100 (+15%)	4mo	$75,000	$68	52
4809 4th St W	0.60mi	2/2.0	1,104 (+15%)	2mo	$132,500	$120	41
4904 4th A St E	0.73mi	2/2.0	840 (-12%)	1mo	$60,000	$71	40

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: -15.4%
• Equity multiple: 0.47×
• Total profit: $-19,264
• Equity at exit: $19,383

10-year hold

• IRR: -14.5%
• Equity multiple: 0.30×
• Total profit: $-25,401
• Equity at exit: $11,240

Cash invested: $36,400 (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.

Methodology + full state rankings →

ZIP-level market 34207

• Rents YoY: -5.5%
• Active inventory: 361
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,501 high
• Mortgage (P&I): −$682
• Tax from tax record: −$105 /mo · $1,258/yr
• Insurance: −$54
• HOA: −$250
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $95

Break-even live

Break-even rent $1,381

Max offer price $130,000

Occupancy floor 89%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5502 8th Street Ct W Bradenton, FL	2.0	2.0	896	$1,595	$1.78	23d	1	0.20mi
5580 Fountain Lake Cir Bradenton, FL	1.0–3.0	1.0–2.0	1052	$1,908	$1.81	2d	38	0.30mi
608 51st Ave W Bradenton, FL	2.0	1.5	760	$2,200	$2.89	23d	1	0.32mi
205 52nd Avenue Dr W Bradenton, FL	1.0	1.0	528	$1,200	$2.27	23d	1	0.32mi
503 51st Ave W Bradenton, FL	3.0	2.0	882	$1,075	$1.22	12d	1	0.35mi
503 51st Ave W Unit 503 Bradenton, FL	3.0	2.0	882	$1,275	$1.45	23d	1	0.35mi
915 50th Avenue Plz W Bradenton, FL	2.0	1.0	700	$1,200	$1.71	23d	1	0.44mi
110 52nd Avenue Ter E Bradenton, FL	2.0	1.5	684	$1,450	$2.12	23d	1	0.44mi
707 50th Ave W Bradenton, FL	2.0	1.0	730	$1,150	$1.58	23d	1	0.46mi
1007 57th Ave W Bradenton, FL	2.0	1.5	967	$1,495	$1.55	10d	1	0.49mi
4810 Ho Wil Ln Unit 4810 Bradenton, FL	2.0	1.0	784	$1,600	$2.04	23d	1	0.60mi
5531 16th St W Unit 5537 Bradenton, FL	2.0	1.0	750	$1,650	$2.20	3d	1	0.63mi
655 Park Cir Bradenton, FL	1.0	1.5	816	$1,100	$1.35	23d	1	0.67mi
4903 2nd B St E Bradenton, FL	2.0	2.0	624	$2,400	$3.85	23d	1	0.70mi
304 47th Avenue Dr W #112 Bradenton, FL	1.0	1.0	725	$1,200	$1.66	23d	1	0.71mi
5513 18th St W Bradenton, FL	2.0	1.0	1000	$1,499	$1.50	23d	1	0.73mi
4630 5th St W Ste 6 Bradenton, FL	2.0	1.0	1000	$1,600	$1.60	12d	1	0.76mi
202 46th Avenue Ter W #409 Bradenton, FL	2.0	2.0	1086	$1,995	$1.84	23d	1	0.80mi
5828 3rd St E Bradenton, FL	3.0	2.0	1036	$1,995	$1.93	23d	1	0.81mi
203 46th Avenue Ter W Bradenton, FL	1.0	1.0	880	$1,099	$1.25	3d	1	0.82mi
4507 3rd Street Cir W #280 Bradenton, FL	1.0	1.0	660	$1,300	$1.97	16d	1	0.88mi
716 56th Avenue Dr E Bradenton, FL	3.0	2.0	1000	$1,700	$1.70	3d	1	0.91mi
5613 8th St Ct E Bradenton, FL	3.0	2.0	1000	$1,700	$1.70	23d	1	0.92mi
5908 17th St W Unit C36 Bradenton, FL	1.0	1.0	576	$950	$1.65	16d	1	0.94mi
512 60th Avenue Ter W Unit 512 Bradenton, FL	3.0	1.5	972	$1,900	$1.95	10d	1	0.96mi
2004 49th Ave W Unit 2002 Bradenton, FL	2.0	2.0	1021	$1,950	$1.91	23d	1	0.97mi
1807 Restful Dr Unit N4 Bradenton, FL	2.0	1.0	733	$1,150	$1.57	3d	1	0.98mi
1566 Pleasant Rd Unit J24 Bradenton, FL	2.0	1.0	733	$1,150	$1.57	23d	1	0.98mi
5888 17th St W Unit C23 Bradenton, FL	1.0	1.0	576	$1,100	$1.91	23d	1	0.99mi
5001 22nd St W Unit B Bradenton, FL	2.0	1.0	729	$1,700	$2.33	16d	1	1.01mi
4906 21st St W Bradenton, FL	2.0	1.0	918	$1,700	$1.85	16d	1	1.01mi
1859 Restful Dr Unit L26 Bradenton, FL	1.0	1.0	576	$1,150	$2.00	23d	1	1.01mi
1875 Sunny Dr Unit G32 Bradenton, FL	1.0	1.0	576	$1,100	$1.91	23d	1	1.02mi
1825 Flamingo Blvd Unit O26 Bradenton, FL	1.0	1.0	576	$1,000	$1.74	23d	1	1.04mi
1839 Sunny Dr Unit E36 Bradenton, FL	1.0	1.0	576	$1,350	$2.34	23d	1	1.04mi
1874 Sunny Dr Unit F32 Bradenton, FL	2.0	1.0	744	$950	$1.28	23d	1	1.05mi
5858 Welcome Rd Unit J23 Bradenton, FL	2.0	1.0	744	$1,150	$1.55	3d	1	1.06mi
5820 21st St W Bradenton, FL	3.0	2.0	1116	$1,995	$1.79	3d	1	1.08mi
5955 Palm Ln Unit A33 Bradenton, FL	2.0	1.0	744	$1,150	$1.55	14d	1	1.10mi
5896 Palm Ln Unit C27 Bradenton, FL	2.0	2.0	966	$1,400	$1.45	23d	1	1.10mi

HOA detail

• Monthly dues: $250 · $3,000/yr
• Likely covers: watersewertrashpool

Listing history 7 events

1. 2026-05-31
   days on market $130,000 Active 369 DOM
2. 2026-03-31
   price $130,000
3. 2025-12-22
   price $139,900
4. 2025-05-27
   listed $149,000 Active
5. 2006-10-03
   soldstatus $50,000 262-char remark

   Show marketing remark (262 chars)

   Lovely corner lot mobile home is located in a fantastic Park! Fully furnished turnkey, lots of nice up-grades, vinyl siding, roof over. Maint. fee includes: water, sewer, trash, mowing and edging, use of heated pool and clubhouse. Inside cat allowed onthis lot.

6. 2006-09-29
   soldstatus $50,000
7. 2006-02-28
   listed $75,000 262-char remark

   Show marketing remark (262 chars)

   Lovely corner lot mobile home is located in a fantastic Park! Fully furnished turnkey, lots of nice up-grades, vinyl siding, roof over. Maint. fee includes: water, sewer, trash, mowing and edging, use of heated pool and clubhouse. Inside cat allowed onthis lot.

ⓘ 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: $1,258 · $105/mo
• Projected year-2 tax: $1,258 · $105/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 ≥107°F today · 27 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,013
• − Mortgage interest: −$7,282
• − Property taxes: −$1,258
• − Insurance: −$650
• − Repairs & maintenance: −$1,441
• − Management: −$1,441
• − HOA: −$3,000
• − Depreciation: −$3,782
• Taxable loss: −$841
• Est. tax savings @ 24.0%: +$202
• After-tax cash flow: $1,343/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 — Bayshore Gardens

• Score: 82/100
• State rank: #72
• US rank: #1180

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bayshore Gardens, FL
• County: Manatee County · 416,364 people
• City population: 33,840
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 34,081
• Household income: $45,010
• Rent vs Own: 38.8% rent · 61.2% own
• Severe rent burden: 1474.0

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 0.57)
• Race & ethnicity: White 58% Hispanic / Latino 29% Two or more races 13% Black 7%
• Hispanic origin (detail): Mexican 12% Puerto Rican 4% Cuban 3% Dominican 1%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 2%
• Foreign-born: 16% · Canada, Jamaica
• Languages at home: 74% English-only · Spanish 22% Other Indo-European 1% French/Haitian/Cajun 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: ▼ -305.32%
• Current HPI: 369.9899
• Rent YoY: ▼ -5.50%
• 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

+73.3% since first listed

6 events — show timeline

• 2026-03-31 Price Changed $130,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-22 Price Changed $139,900 Stellar MLS as Distributed by MLS Grid
• 2025-05-27 Listed $149,000 Stellar MLS as Distributed by MLS Grid
• 2006-10-03 Sold (MLS) $50,000 Stellar MLS as Distributed by MLS Grid
• 2006-09-29 Sold (Public Records) $50,000 Public Records
• 2006-02-28 Listed $75,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+9.6%/yr

Latest (2025): $1,258 · +108.5% YoY. Source: county tax records.