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3534 Lake Bayshore Dr Unit K118
B Composite 70.19
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +4.4/10.0
  • Livability +3.9/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.9/5.0
  • Appreciation +0.0/10.0

$55,000

3534 Lake Bayshore Dr Unit K118 · South Bradenton, FL 34205
2 bd · 1.0 ba · 960 sqft · Condo · 143 Days on market
Built 1980 $569/mo HOA · 36% of rent ↓ 39% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

Key facts

  • Outdoor pool
  • Walk-in closet
  • Built-in desk

Tags

FIRST FLOORENCLOSED LANAIBUILT-IN DESKWALK-IN CLOSETOVERSIZED STORAGE CLOSETOUTDOOR POOL

Property features AI

Finance

  • Other: Property subtype: Condominium; Property zoning: PDR; Unit is offered furnished
  • Financial info: Total annual association fees reported as $6,828; Lease restrictions apply
  • HOA & community: HOA managed by Resource Property Mgmt - Paul Taylor; Monthly condo/association fee of $569 (includes cable TV, pool, internet, maintenance - structure and grounds, management, pest control, trash, escrow reserves, fidelity bond, private road); Association amenities: laundry, pool, recreation facilities, security, shuffleboard court, spa/hot tub, clubhouse, community mailbox; Buyer approval required for association; Association fee due monthly; Senior community; Pets not allowed

Exterior

  • Security: Community security (via association)
  • Utilities: Public water; Private sewer; Cable available; Electricity connected; Sewer connected; Water connected
  • Home design: Residential condominium; Faces south; First-floor unit
  • Construction: Block and stucco construction; Shingle roof; Slab foundation; Building K (multi-story building); Building has elevator; Five-story building (unit located in a multi-level building)
  • Exterior features: Exterior lighting

Interior

  • Kitchen: Dishwasher; Disposal; Microwave; Range; Range hood
  • Bedrooms: 2 bedrooms
  • Flooring: Carpet; Ceramic tile; Laminate
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Ceiling fans; Elevator in building; Open floor plan; Living room/dining room combo
  • Laundry & utility: Common area laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath condo listed at $55k.

Deal economics

  • At list price, monthly cash flow is $307 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $55k).
  • Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
  • Cap rate 13.0% vs local median 4.1% 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); Southeast High School (math 25% / reading 34%, grade F, #447 of 667 statewide, top 68%, 1,716 students, 66% FRL) — zoned schools average 70% FRL vs 51% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 34% at this address vs 52% district-wide (-18 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); 319 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 36% 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 $380 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.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $15k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 143 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 20y ago; this cycle's ask has dropped $20k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 36% of rent.
Recommended offer $48,400 (12.0% below list)

Questions for the listing agent

  1. It's been on market 143 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. 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?
  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 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?
  7. 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?
  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 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
2.89%
Cap rate
12.99%
Cash-on-cash
23.92%
DSCR
2.06
GRM
2.9

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
11.1%
Equity multiple
1.41×
Total profit
$6,355
Equity at exit
$8,201
10-year hold
IRR
15.2%
Equity multiple
1.92×
Total profit
$14,221
Equity at exit
$4,755

Cash invested: $15,400 (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.

ZIP-level market 34205

Rents YoY
-2.4%
Active inventory
319
Price-to-rent
2.9×

Monthly cashflow live

Estimated rent
$1,590 high interval (Pro) →
Mortgage (P&I)
$288
Tax est. 1.5%
$69 /mo · $825/yr
Insurance
$23
HOA
$569
Vacancy / Maint / Mgmt
$334
Net cashflow
$307

Break-even live

Break-even rent $1,201
Max offer price $55,000
Occupancy floor 76%

Sensitivity live

Price -10% $345 -5% $326 +0% $307 +5% $288 +10% $269
Rent -10% $181 -5% $244 +0% $307 +5% $370 +10% $433
Rate -1.0pp $335 -0.5pp $321 base $307 +0.5pp $293 +1.0pp $278

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
$13,750
Closing costs
$1,650
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4444 17th St W Unit B Bradenton, FL 2.0 1.0 850 $2,200 $2.59 24d 1 0.19mi
4204 Heron Way Unit B304 Bradenton, FL 2.0 1.0 912 $1,400 $1.54 3d 1 0.23mi
4515 26th St W Bradenton, FL 1.0–2.0 1.0–2.0 806 $1,510 $1.87 2d 14 0.30mi
2305 46th Ave W Bradenton, FL 1.0–2.0 1.0–2.0 1005 $1,837 $1.83 2d 10 0.34mi
3963 Lake Bayshore Dr Unit F-414 Bradenton, FL 2.0 1.0 1040 $1,200 $1.15 15d 1 0.40mi
3737 Lake Bayshore Dr Unit 213 Bradenton, FL 2.0 1.0 912 $1,150 $1.26 21d 1 0.40mi
4109 Lake Bayshore Dr Bradenton, FL 1.0 1.0 768 $1,250 $1.63 24d 1 0.40mi
3506 14th St W Bradenton, FL 3.0 1.0–2.0 874 $1,725 $1.97 24d 5 0.55mi
1308 36th Ave W Bradenton, FL 1.0 1.0 715 $1,199 $1.68 24d 1 0.56mi
2004 49th Ave W Unit 2002 Bradenton, FL 2.0 2.0 1021 $1,950 $1.91 24d 1 0.59mi
4906 21st St W Bradenton, FL 2.0 1.0 918 $1,700 $1.85 16d 1 0.61mi
4705 27th St W Unit A Bradenton, FL 2.0 1.0 750 $1,325 $1.77 3d 1 0.62mi
5001 22nd St W Unit B Bradenton, FL 2.0 1.0 729 $1,700 $2.33 16d 1 0.68mi
4906 25th St W #101 Bradenton, FL 2.0 1.5 1070 $1,550 $1.45 24d 1 0.72mi
4812 27th St W Bradenton, FL 2.0 2.0 912 $1,599 $1.75 12d 1 0.73mi
4812 27th St W Unit 4812 Bradenton, FL 2.0 2.0 912 $1,545 $1.69 12d 1 0.73mi
919 34th Ave W Bradenton, FL 3.0 1.0 950 $1,599 $1.68 12d 1 0.76mi
907 34th Ave W Unit B Bradenton, FL 3.0 1.0 1000 $1,795 $1.79 24d 1 0.77mi
907 34th Ave W Bradenton, FL 3.0 1.0 985 $1,599 $1.62 20d 1 0.77mi
2306 30th Ave W Bradenton, FL 3.0 2.0 945 $1,700 $1.80 24d 1 0.78mi
2835 50th Ave W Bradenton, FL 1.0–2.0 1.0–2.0 850 $1,610 $1.89 3d 16 0.82mi
655 Park Cir Bradenton, FL 1.0 1.5 816 $1,100 $1.35 24d 1 0.83mi
2901 26th St W #807 Bradenton, FL 2.0 2.0 940 $1,525 $1.62 3d 1 0.88mi
915 50th Avenue Plz W Bradenton, FL 2.0 1.0 700 $1,200 $1.71 24d 1 0.90mi
4630 5th St W Ste 6 Bradenton, FL 2.0 1.0 1000 $1,600 $1.60 12d 1 0.90mi
5059 Live Oak Cir Unit 5059 Bradenton, FL 2.0 2.0 896 $1,900 $2.12 16d 1 0.92mi
707 50th Ave W Bradenton, FL 2.0 1.0 730 $1,150 $1.58 24d 1 0.96mi
4507 3rd Street Cir W #280 Bradenton, FL 1.0 1.0 660 $1,300 $1.97 16d 1 0.96mi
304 47th Avenue Dr W #112 Bradenton, FL 1.0 1.0 725 $1,200 $1.66 24d 1 0.96mi
4810 Ho Wil Ln Unit 4810 Bradenton, FL 2.0 1.0 784 $1,600 $2.04 24d 1 0.97mi
5062 Live Oak Cir Unit 5026 Bradenton, FL 2.0 2.0 896 $1,545 $1.72 16d 1 0.97mi
5026 Water Oak Dr #104 Bradenton, FL 3.0 2.0 960 $2,200 $2.29 24d 1 0.99mi
5027 31st St W Bradenton, FL 2.0 2.0 972 $3,600 $3.70 21d 1 1.03mi
390 301 Blvd W Bradenton, FL 2.0 2.0 1125 $1,495 $1.33 24d 1 1.03mi
505 30th Ave W Unit E406 Bradenton, FL 2.0 2.0 1001 $1,450 $1.45 24d 1 1.03mi
202 46th Avenue Ter W #409 Bradenton, FL 2.0 2.0 1086 $1,995 $1.84 24d 1 1.06mi
2201 24th Ave W Bradenton, FL 2.0 2.0 1115 $1,950 $1.75 24d 1 1.06mi
203 46th Avenue Ter W Bradenton, FL 1.0 1.0 880 $1,099 $1.25 3d 1 1.06mi
515 30th Ave W Bradenton, FL 2.0 2.0 1001 $1,375 $1.37 16d 2 1.08mi
2803 52nd Avenue Dr W Unit 2803 Bradenton, FL 2.0 1.0 750 $1,599 $2.13 24d 1 1.08mi

HOA detail condo

Monthly dues
$569 · $6,828/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 45 events

  1. 2026-06-18
    days on market $55,000 Active 143 DOM
  2. 2026-06-17
    days on market $55,000 Active 142 DOM
  3. 2026-06-16
    days on market $55,000 Active 141 DOM
  4. 2026-06-15
    days on market $55,000 Active 140 DOM
  5. 2026-06-13
    days on market $55,000 Active 138 DOM
  6. 2026-06-13
    days on market $55,000 Active 137 DOM
  7. 2026-06-10
    days on market $55,000 Active 135 DOM
  8. 2026-06-09
    days on market $55,000 Active 134 DOM
  9. 2026-06-08
    days on market $55,000 Active 133 DOM
  10. 2026-06-08
    days on market $55,000 Active 132 DOM
  11. 2026-06-03
    days on market $55,000 Active 128 DOM
  12. 2026-06-02
    days on market $55,000 Active 127 DOM
  13. 2026-06-01
    days on market $55,000 Active 126 DOM
  14. 2026-05-31
    days on market $55,000 Active 125 DOM
  15. 2026-03-30
    price $55,000
  16. 2026-03-05
    price $69,900
  17. 2026-01-26
    listed $75,000 Active
  18. 2024-06-20
    soldstatus $80,000 Closed 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  19. 2024-05-13
    status Pending 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  20. 2024-05-01
    price $89,900 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  21. 2024-03-29
    price $94,900 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  22. 2024-03-21
    price $98,900 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  23. 2024-01-26
    status Active 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  24. 2024-01-26
    price $107,000 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  25. 2024-01-05
    status Pending 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  26. 2023-12-31
    price $113,900 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  27. 2023-11-30
    price $119,900 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  28. 2023-10-27
    price $127,000 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  29. 2023-08-31
    price $134,900 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  30. 2023-08-24
    price $136,900 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  31. 2023-08-03
    status Active 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  32. 2023-07-07
    price $139,900 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  33. 2023-06-13
    price $141,900 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  34. 2023-05-06
    listed $142,900 Active 760-char remark
    Show marketing remark (760 chars)

    Substantial price reduction. Welcome home to your GROUND floor 2/1 home in desirable Bayshore on the Lake Condo Apartments (55+)!! Relax in your furnished home with enclosed porch/Florida room, oversized living room with freshly painted accent wall, partially remodeled bathroom. Owner is offering a $500 credit to buyer at closing toward a refrigerator. New building roof last year! This home is a rare find at this price in a fantastic location with lake fishing access, pool by the lake, clubhouse, shuffleboard courts and many clubs/activities. This building is tucked in the back of the community off the beaten path. 15-20 minutes to area beaches, loads of shopping and eateries, a short hop, skip and jump to Sarasota, Anna Maria Island and the Gulf!!

  35. 2022-05-12
    soldstatus $117,000 Closed 660-char remark
    Show marketing remark (660 chars)

    This is a beautiful turnkey furnished two bedroom, one bath, fist floor condo in Bayshore on Lake Bldg K. This condo is centrally located in Bradenton, just a 20 min drive to the beach and 15 min drive to downtown Bradenton. The 55+ community offers a variety of amenities that include a fishing pier, clubhouse, swimming pool, and shuffleboard courts. The condo includes 2 nice size bedroom and one recently updated bathroom. In addition there is an enclosed air conditioned porch which could be used as office space, storage, or a nice lanai for relaxation. Prior to closing buyers must pass the necessary background check and be approved by the association.

  36. 2022-04-09
    status Pending 660-char remark
    Show marketing remark (660 chars)

    This is a beautiful turnkey furnished two bedroom, one bath, fist floor condo in Bayshore on Lake Bldg K. This condo is centrally located in Bradenton, just a 20 min drive to the beach and 15 min drive to downtown Bradenton. The 55+ community offers a variety of amenities that include a fishing pier, clubhouse, swimming pool, and shuffleboard courts. The condo includes 2 nice size bedroom and one recently updated bathroom. In addition there is an enclosed air conditioned porch which could be used as office space, storage, or a nice lanai for relaxation. Prior to closing buyers must pass the necessary background check and be approved by the association.

  37. 2022-03-23
    price $119,500 660-char remark
    Show marketing remark (660 chars)

    This is a beautiful turnkey furnished two bedroom, one bath, fist floor condo in Bayshore on Lake Bldg K. This condo is centrally located in Bradenton, just a 20 min drive to the beach and 15 min drive to downtown Bradenton. The 55+ community offers a variety of amenities that include a fishing pier, clubhouse, swimming pool, and shuffleboard courts. The condo includes 2 nice size bedroom and one recently updated bathroom. In addition there is an enclosed air conditioned porch which could be used as office space, storage, or a nice lanai for relaxation. Prior to closing buyers must pass the necessary background check and be approved by the association.

  38. 2022-03-07
    listed $120,000 Active 660-char remark
    Show marketing remark (660 chars)

    This is a beautiful turnkey furnished two bedroom, one bath, fist floor condo in Bayshore on Lake Bldg K. This condo is centrally located in Bradenton, just a 20 min drive to the beach and 15 min drive to downtown Bradenton. The 55+ community offers a variety of amenities that include a fishing pier, clubhouse, swimming pool, and shuffleboard courts. The condo includes 2 nice size bedroom and one recently updated bathroom. In addition there is an enclosed air conditioned porch which could be used as office space, storage, or a nice lanai for relaxation. Prior to closing buyers must pass the necessary background check and be approved by the association.

  39. 2019-03-13
    soldstatus $62,000 Sold
  40. 2019-02-25
    status Pending
  41. 2019-02-14
    listed $64,500 Active
  42. 2013-06-30
    historical
  43. 2013-05-01
    listed $42,000
  44. 2007-08-07
    soldstatus $70,000
  45. 2006-11-28
    listed $89,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,080
− Mortgage interest
−$3,081
− Property taxes
−$825
− Insurance
−$275
− Repairs & maintenance
−$1,526
− Management
−$1,526
− HOA
−$6,828
− Depreciation
−$1,600
Taxable income
$3,418
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$820
After-tax cash flow
$2,864/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 — 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 · 416,364 people
Metro
North Port-Sarasota-Bradenton, FL
Population (ZIP)
31,946
Household income
$52,525
Rent vs Own
40.3% rent · 59.7% own
Severe rent burden
1736.0

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 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

Price history

-38.8% since first listed
31 events — show timeline
  • 2026-03-30 Price Changed $55,000 Stellar MLS as Distributed by MLS Grid
  • 2026-03-05 Price Changed $69,900 Stellar MLS as Distributed by MLS Grid
  • 2026-01-26 Listed $75,000 Stellar MLS as Distributed by MLS Grid
  • 2024-06-20 Sold (MLS) $80,000 Stellar MLS as Distributed by MLS Grid
  • 2024-05-13 Pending Stellar MLS as Distributed by MLS Grid
  • 2024-05-01 Price Changed $89,900 Stellar MLS as Distributed by MLS Grid
  • 2024-03-29 Price Changed $94,900 Stellar MLS as Distributed by MLS Grid
  • 2024-03-21 Price Changed $98,900 Stellar MLS as Distributed by MLS Grid
  • 2024-01-26 Relisted Stellar MLS as Distributed by MLS Grid
  • 2024-01-26 Price Changed $107,000 Stellar MLS as Distributed by MLS Grid
  • 2024-01-05 Pending Stellar MLS as Distributed by MLS Grid
  • 2023-12-31 Price Changed $113,900 Stellar MLS as Distributed by MLS Grid
  • 2023-11-30 Price Changed $119,900 Stellar MLS as Distributed by MLS Grid
  • 2023-10-27 Price Changed $127,000 Stellar MLS as Distributed by MLS Grid
  • 2023-08-31 Price Changed $134,900 Stellar MLS as Distributed by MLS Grid
  • 2023-08-24 Price Changed $136,900 Stellar MLS as Distributed by MLS Grid
  • 2023-08-03 Relisted Stellar MLS as Distributed by MLS Grid
  • 2023-07-07 Price Changed $139,900 Stellar MLS as Distributed by MLS Grid
  • 2023-06-13 Price Changed $141,900 Stellar MLS as Distributed by MLS Grid
  • 2023-05-06 Listed $142,900 Stellar MLS as Distributed by MLS Grid
  • 2022-05-12 Sold (MLS) $117,000 Stellar MLS as Distributed by MLS Grid
  • 2022-04-09 Pending Stellar MLS as Distributed by MLS Grid
  • 2022-03-23 Price Changed $119,500 Stellar MLS as Distributed by MLS Grid
  • 2022-03-07 Listed $120,000 Stellar MLS as Distributed by MLS Grid
  • 2019-03-13 Sold (MLS) $62,000 Stellar MLS as Distributed by MLS Grid
  • 2019-02-25 Pending Stellar MLS as Distributed by MLS Grid
  • 2019-02-14 Listed $64,500 Stellar MLS as Distributed by MLS Grid
  • 2013-06-30 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2013-05-01 Listed $42,000 Stellar MLS as Distributed by MLS Grid
  • 2007-08-07 Sold (MLS) $70,000 Stellar MLS as Distributed by MLS Grid
  • 2006-11-28 Listed $89,900 Stellar MLS as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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