3973 Lake Bayshore Dr #503 · 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
- 32 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 +13.7/30.0
- 1% rule +7.5/10.0
- DSCR +4.3/10.0
- Livability +3.9/5.0
- Condition / age +3.8/5.0
- Schools +3.3/10.0
- Rent growth +1.9/5.0
- Appreciation +0.0/10.0
$82,000
3973 Lake Bayshore Dr #503 · South Bradenton, FL 34205
2 bd · 1.0 ba · 1,040 sqft · Condo
· 123 Days on market
55+ age-restricted
Built 1978
$79/sqft
· 26% below area
Est $111k · 26% under
$646/mo HOA · 43% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to easy Florida living in the desirable Bayshore on the Lake 55+ community! This beautifully refreshed 2 bedroom, 1 bath condo offers comfort, convenience, and peaceful surroundings all in one. Freshly updated with new carpet, laminate flooring, and interior paint, the home feels bright, clean, and move-in ready from the moment you walk in. The spacious layout features an inviting living and dining area with plenty of natural light, while the updated flooring adds a modern touch throughout the main living spaces. The kitchen offers ample cabinet storage and flows seamlessly into the living area, making it perfect for everyday living or entertaining guests.
Key facts
- Laminate flooring
- New carpet
- Natural light
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 $82k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-15 ($-179/yr) — negative.
- To cash-flow at today's rent, offer at most $80k (2.6% below list).
- Meets the 1% rule at list price ($2k rent vs $82k).
- Recommended offer: $72k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.1% 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); 55% 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 35% 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 $567 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 123 days — a 12% lower offer ($72k) 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→32/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$72,160
(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 123 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
- 1.85% ✓
- Cap rate
- 6.07%
- Cash-on-cash
- -0.78%
- DSCR
- 0.97
- GRM
- 4.5
CMA / ARV
- ARV (median comp)
- $111,294
- List price
- $82,000
- Delta
- -26.32%
- 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 |
|---|---|---|---|---|---|---|---|
| 4127 Heron Way Unit E-111 | 0.00mi | 2/2.0 | 1,144 (+10%) | 0mo | $80,000 | $70 | 79 |
| 4009 Lake Bayshore Dr #105 | 0.16mi | 2/1.0 | 912 (-12%) | 0mo | $32,000 | $35 | 72 |
| 3446 Lake Bayshore Dr #416 | 0.24mi | 2/2.0 | 1,144 (+10%) | 0mo | $180,000 | $157 | 68 |
| 3500 Lake Bayshore Dr Unit K 101 | 0.39mi | 2/2.0 | 1,144 (+10%) | 0mo | $90,000 | $79 | 61 |
| 4105 35th Ave W #4105 | 1.10mi | 2/2.0 | 1,015 (-2%) | 0mo | $160,000 | $158 | 57 |
| 2811 33rd Ave W | 0.43mi | 2/1.0 | 1,234 (+19%) | 1mo | $298,000 | $241 | 54 |
| 670 Park Cir | 1.26mi | 1/1.5 (-1) | 936 (-10%) | 0mo | $95,000 | $101 | 41 |
| 5123 20th St W | 1.25mi | 2/1.0 | 864 (-17%) | 0mo | $240,000 | $278 | 40 |
| 2807 48th Ave Dr W | 0.89mi | 2/2.0 | 896 (-14%) | 0mo | $135,000 | $151 | 38 |
| 4410 Fairways Blvd #206 | 1.32mi | 2/2.0 | 1,256 (+21%) | 0mo | $155,000 | $123 | 36 |
| 2226/2228 13th Ave W | 1.43mi | 2/2.0 | 1,248 (+20%) | 0mo | $263,500 | $211 | 36 |
| 3211 42nd St W | 1.18mi | 3/2.0 (+1) | 1,272 (+22%) | 0mo | $189,000 | $149 | 31 |
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
- -24.7%
- Equity multiple
- 0.20×
- Total profit
- $-18,262
- Equity at exit
- $12,226
10-year hold
- IRR
- -69.0%
- Equity multiple
- -0.42×
- Total profit
- $-32,593
- Equity at exit
- $7,090
Cash invested: $22,960 (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
- 6 active · 2 under contract
- Median asking
- $129,900 ($114/sqft)
- Median days on market
- 176 d
- This list price
- 17% of active listings are priced below it
- ARV vs active asking
- -5.8% 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
- $1,516 high interval (Pro) →
- Mortgage (P&I)
- −$430
- Tax est. 1.5%
- −$102 /mo · $1,230/yr
- Insurance
- −$34
- HOA
- −$646
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$318
- Net cashflow
- $-15
Break-even live
Break-even rent
$1,535
Max offer price
$79,838
Occupancy floor
96%
Sensitivity live
| Price | -10% $42 | -5% $13 | +0% $-15 | +5% $-43 | +10% $-72 |
|---|---|---|---|---|---|
| Rent | -10% $-135 | -5% $-75 | +0% $-15 | +5% $45 | +10% $105 |
| Rate | -1.0pp $26 | -0.5pp $6 | base $-15 | +0.5pp $-36 | +1.0pp $-58 |
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
- $20,500
- Closing costs
- $2,460
- 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 |
|---|---|---|---|---|---|---|---|---|
| 4127 Heron Way Unit E-111 Bradenton, FL | 2.0 | 2.0 | 1144 | $1,450 | $1.27 | 9d | 1 | 0.02mi |
| 4109 Lake Bayshore Dr Bradenton, FL | 1.0 | 1.0 | 768 | $1,250 | $1.63 | 119d | 1 | 0.02mi |
| 3737 Lake Bayshore Dr Unit 213 Bradenton, FL | 2.0 | 1.0 | 912 | $1,150 | $1.26 | 116d | 1 | 0.02mi |
| 4143 Heron Way Unit 207 Bradenton, FL | 2.0 | 2.0 | 1144 | $1,500 | $1.31 | 0d | 1 | 0.02mi |
| 3963 Lake Bayshore Dr Unit F-414 Bradenton, FL | 2.0 | 1.0 | 1040 | $1,200 | $1.15 | 110d | 1 | 0.02mi |
| 3635 Lake Bayshore Dr Unit J410 Bradenton, FL | 2.0 | 2.0 | 1144 | $1,700 | $1.49 | 119d | 1 | 0.02mi |
| 4129 Lake Bayshore Dr Unit C501 Bradenton, FL | 2.0 | 2.0 | 1144 | $1,500 | $1.31 | 9d | 1 | 0.02mi |
| 4121 Heron Way #108 Bradenton, FL | 2.0 | 2.0 | 1144 | $1,340 | $1.17 | 87d | 1 | 0.02mi |
| 4111 Heron Way Unit E103 Bradenton, FL | 2.0 | 2.0 | 1144 | $1,450 | $1.27 | 9d | 1 | 0.02mi |
| 4121 Heron Way #108 Bradenton, FL | 2.0 | 2.0 | 1144 | $1,340 | $1.17 | 119d | 1 | 0.02mi |
| 3693 Lake Bayshore Dr Bldg H Bradenton, FL | 1.0 | 1.0 | 760 | $1,295 | $1.70 | 65d | 1 | 0.10mi |
| 4242 Heron Way Bradenton, FL | 2.0 | 1.0 | 1196 | $1,500 | $1.25 | 9d | 1 | 0.17mi |
| 4204 Heron Way Unit B304 Bradenton, FL | 2.0 | 1.0 | 912 | $1,400 | $1.54 | 98d | 1 | 0.20mi |
| 3316 26th St W Bradenton, FL | 3.0 | 2.0 | 1472 | $1,999 | $1.36 | 9d | 1 | 0.27mi |
| 3525 19th St W Bradenton, FL | 2.0 | 1.0 | 870 | $1,600 | $1.84 | 9d | 1 | 0.33mi |
| 2306 30th Ave W Bradenton, FL | 3.0 | 2.0 | 945 | $1,500 | $1.59 | 7d | 1 | 0.40mi |
| 3064 Lake Bayshore Dr Unit 115 Bradenton, FL | 2.0 | 2.0 | 1144 | $1,250 | $1.09 | 119d | 1 | 0.41mi |
| 3122 Lake Bayshore Dr Bradenton, FL | 2.0 | 2.0 | 1144 | $1,450 | $1.27 | 9d | 1 | 0.41mi |
| 3124 Lake Bayshore Dr Unit 219 Bradenton, FL | 2.0 | 2.0 | 1144 | $2,300 | $2.01 | 119d | 1 | 0.41mi |
| 3528 14th St W Bradenton, FL | 1.0 | 1.0 | 720 | $1,300 | $1.81 | 9d | 1 | 0.45mi |
| 2901 26th St W #807 Bradenton, FL | 2.0 | 2.0 | 940 | $1,400 | $1.49 | 87d | 1 | 0.47mi |
| 2901 26th St W #807 Bradenton, FL | 2.0 | 2.0 | 940 | $1,400 | $1.49 | 80d | 1 | 0.47mi |
| 2901 26th St W Bradenton, FL | 2.0 | 2.0 | 940 | $1,650 | $1.76 | 9d | 2 | 0.48mi |
| 3506 14th St W Bradenton, FL | 3.0 | 1.0–2.0 | 874 | $1,725 | $1.97 | 5d | 4 | 0.49mi |
| 4540 19th Street Cir W Unit 4405-D Bradenton, FL | 2.0 | 1.0 | 804 | $1,495 | $1.86 | 9d | 1 | 0.51mi |
| 4515 26th St W Bradenton, FL | 1.0–2.0 | 1.0–2.0 | 806 | $1,510 | $1.87 | 0d | 31 | 0.52mi |
| 3617 32nd St W Bradenton, FL | 2.0 | 2.0 | 1276 | $1,800 | $1.41 | 7d | 1 | 0.53mi |
| 3512 32nd St W Bradenton, FL | 2.0 | 1.0 | 1200 | $1,800 | $1.50 | 93d | 1 | 0.56mi |
| 2305 46th Ave W Bradenton, FL | 1.0–2.0 | 1.0–2.0 | 1017 | $1,942 | $1.91 | 0d | 10 | 0.60mi |
| 4444 17th St W Unit B Bradenton, FL | 2.0 | 1.0 | 850 | $2,200 | $2.59 | 119d | 1 | 0.61mi |
| 1308 36th Ave W Bradenton, FL | 1.0 | 1.0 | 715 | $1,199 | $1.68 | 119d | 1 | 0.64mi |
| 2105 46th Avenue Dr W Unit 2405 Bradenton, FL | 3.0 | 2.0 | 884 | $2,100 | $2.38 | 73d | 1 | 0.66mi |
| 2001 25th Ave W Bradenton, FL | 3.0 | 2.0 | 1370 | $2,200 | $1.61 | 65d | 1 | 0.69mi |
| 2201 24th Ave W Bradenton, FL | 2.0 | 2.0 | 1115 | $1,950 | $1.75 | 119d | 1 | 0.71mi |
| 4607 21st St W Bradenton, FL | 3.0 | 2.0 | 1133 | $2,500 | $2.21 | 119d | 1 | 0.71mi |
| 2300 23rd Ave W Bradenton, FL | 3.0 | 2.0 | 1465 | $2,200 | $1.50 | 4d | 1 | 0.78mi |
| 4705 27th St W Unit A Bradenton, FL | 2.0 | 1.0 | 750 | $1,325 | $1.77 | 98d | 1 | 0.79mi |
| 4705 27th St W Unit A Bradenton, FL | 2.0 | 1.0 | 750 | $1,325 | $1.77 | 87d | 1 | 0.79mi |
| 3603 Oxford Dr W Bradenton, FL | 2.0 | 2.0 | 1400 | $2,400 | $1.71 | 119d | 1 | 0.79mi |
| 4115 37th St W Bradenton, FL | 3.0 | 2.0 | 1188 | $2,100 | $1.77 | 9d | 1 | 0.80mi |
Property features AI
Finance
- Other
- Partially furnishedLiving area approximately 1,040 sq ftBuilding total area approximately 1,222 sq ftDirections: Go toward Anna Maria Island on Cortez Road, right on 26th Ave, right on Lake Bayshore Drive; enter community to building F and take elevator to floor 5.
- Financial info
- Total annual fees: $7,752Lease restrictions apply
- HOA & community
- HOA managed by Property Resource ManagementMonthly condo fee: $646 (includes cable TV, pool, internet, structure and grounds maintenance, trash)Association approval requiredBuyer approval requiredClubhouse and poolCommunity mailboxAssociation recreation ownedPets allowed: cats and dogsSenior community
Exterior
- Utilities
- Public waterPublic sewerCable connected
- Home design
- CondominiumResidential propertyNorth-facingLocated on 5th floorThree or more levels in buildingEntry on slab foundation
- Construction
- Block constructionShingle roofBuilt on slab foundationBuilding identified as F
- Exterior features
- BalconyAsphalt road accessLake view and lake access
Interior
- Kitchen
- MicrowaveRangeRefrigerator
- Bedrooms
- 2 bedrooms
- Flooring
- CarpetLaminateTile
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Ceiling fansLiving room/dining room comboOpen floorplanWalk-in closet(s)Building has elevator
- Laundry & utility
- Common area laundry
HOA detail $646/mo · $7,752/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-22days on market $82,000 Active 123 DOM
-
2026-09-21days on market $82,000 Active 122 DOM
-
2026-09-20days on market $82,000 Active 121 DOM
-
2026-09-19days on market $82,000 Active 120 DOM
-
2026-09-18days on market $82,000 Active 119 DOM
-
2026-09-17days on market $82,000 Active 118 DOM
-
2026-09-16days on market $82,000 Active 117 DOM
-
2026-09-15days on market $82,000 Active 116 DOM
-
2026-09-14days on market $82,000 Active 115 DOM
-
2026-09-13days on market $82,000 Active 114 DOM
-
2026-09-12days on market $82,000 Active 113 DOM
-
2026-09-11days on market $82,000 Active 112 DOM
-
2026-09-06price $82,000 Active 106 DOM
-
2026-09-05days on market $88,000 Active 106 DOM
-
2026-09-04days on market $88,000 Active 105 DOM
-
2026-09-03days on market $88,000 Active 104 DOM
-
2026-08-31days on market $88,000 Active 101 DOM
-
2026-08-30days on market $88,000 Active 100 DOM
-
2026-08-29days on market $88,000 Active 99 DOM
-
2026-08-28days on market $88,000 Active 98 DOM
-
2026-08-27days on market $88,000 Active 97 DOM
-
2026-08-26days on market $88,000 Active 96 DOM
-
2026-08-25days on market $88,000 Active 95 DOM
-
2026-08-24days on market $88,000 Active 94 DOM
-
2026-08-23days on market $88,000 Active 93 DOM
-
2026-08-22days on market $88,000 Active 92 DOM
-
2026-08-21days on market $88,000 Active 91 DOM
-
2026-08-20days on market $88,000 Active 90 DOM
-
2026-08-19days on market $88,000 Active 89 DOM
-
2026-08-18days on market $88,000 Active 88 DOM
-
2026-08-17days on market $88,000 Active 87 DOM
-
2026-08-16days on market $88,000 Active 86 DOM
-
2026-08-15days on market $88,000 Active 85 DOM
-
2026-08-14days on market $88,000 Active 84 DOM
-
2026-08-13days on market $88,000 Active 83 DOM
-
2026-08-12days on market $88,000 Active 82 DOM
-
2026-08-11days on market $88,000 Active 81 DOM
-
2026-08-10days on market $88,000 Active 80 DOM
-
2026-08-09days on market $88,000 Active 79 DOM
-
2026-08-08days on market $88,000 Active 78 DOM
-
2026-08-07days on market $88,000 Active 77 DOM
-
2026-08-06days on market $88,000 Active 76 DOM
-
2026-08-05days on market $88,000 Active 75 DOM
-
2026-08-04days on market $88,000 Active 74 DOM
-
2026-08-03days on market $88,000 Active 73 DOM
-
2026-07-31days on market $88,000 Active 70 DOM
-
2026-07-30days on market $88,000 Active 68 DOM
-
2026-07-28days on market $88,000 Active 67 DOM
-
2026-07-26days on market $88,000 Active 65 DOM
-
2026-07-24days on market $88,000 Active 63 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 · 32 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
- $18,194
- − Mortgage interest
- −$4,593
- − Property taxes
- −$1,230
- − Insurance
- −$410
- − Repairs & maintenance
- −$1,455
- − Management
- −$1,455
- − HOA
- −$7,752
- − Depreciation
- −$2,385
- Taxable loss
- −$1,088
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$261
- After-tax cash flow
- $82/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 · 24 photos
75/100
Cosmetic rehab
Est. rehab $5,200–$15,600 screening
This well-maintained 2-bedroom, 1-bath condo is move-in ready with updated flooring, cabinets, and appliances. It offers a good return on investment with its location and amenities.
Value-add opportunities
- Both Paint exterior trim — Enhances curb appeal and value ↑
- Both Clean gutters — Improves drainage and property value ↑
ⓘ 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
1 event — show timeline
- 2026-05-22 Listed $88,000 Stellar MLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…