3534 Lake Bayshore Dr Unit K118 · South Bradenton, FL
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
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- Est. flood insurance / yr
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Fire risk No data
- Est. fire insurance / yr
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Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
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- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- 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?
- 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
- 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
- IRR
- 11.1%
- Equity multiple
- 1.41×
- Total profit
- $6,355
- Equity at exit
- $8,201
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
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2026-06-18days on market $55,000 Active 143 DOM
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2026-06-17days on market $55,000 Active 142 DOM
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2026-06-16days on market $55,000 Active 141 DOM
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2026-06-15days on market $55,000 Active 140 DOM
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2026-06-13days on market $55,000 Active 138 DOM
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2026-06-13days on market $55,000 Active 137 DOM
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2026-06-10days on market $55,000 Active 135 DOM
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2026-06-09days on market $55,000 Active 134 DOM
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2026-06-08days on market $55,000 Active 133 DOM
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2026-06-08days on market $55,000 Active 132 DOM
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2026-06-03days on market $55,000 Active 128 DOM
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2026-06-02days on market $55,000 Active 127 DOM
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2026-06-01days on market $55,000 Active 126 DOM
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2026-05-31days on market $55,000 Active 125 DOM
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2026-03-30price $55,000
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2026-03-05price $69,900
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2026-01-26$75,000 Active
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2024-06-20soldstatus $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!!
-
2024-05-13status 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!!
-
2024-05-01price $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!!
-
2024-03-29price $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!!
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2024-03-21price $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!!
-
2024-01-26status 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!!
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2024-01-26price $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!!
-
2024-01-05status 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!!
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2023-12-31price $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!!
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2023-11-30price $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!!
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2023-10-27price $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!!
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2023-08-31price $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!!
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2023-08-24price $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!!
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2023-08-03status 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!!
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2023-07-07price $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!!
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2023-06-13price $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!!
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2023-05-06$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!!
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2022-05-12soldstatus $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.
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2022-04-09status 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.
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2022-03-23price $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.
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2022-03-07$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.
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2019-03-13soldstatus $62,000 Sold
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2019-02-25status Pending
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2019-02-14$64,500 Active
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2013-06-30historical
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2013-05-01$42,000
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2007-08-07soldstatus $70,000
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2006-11-28$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
- 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
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
- 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 |
|---|---|---|
| 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
-38.8% since first listed31 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
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…