1106 50th Avenue Dr W · South Bradenton, FL 34207

$89,997

1 bd · 1.0 ba · 480 sqft · Manufactured public records · 161 Days on market

Built 1962 2,278 sqft lot Est $67k · 34% over

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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).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.1/10.0
• Schools +4.4/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +1.1/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 1106 50th Ave in Bradenton — an updated single-wide home offering an affordable opportunity for homeownership or investment. Recent updates give the home a refreshed feel, making it move-in ready and easy to maintain. The interior offers a functional layout with comfortable living space, while the property provides room to enjoy Florida’s outdoor lifestyle. Conveniently located near shopping, dining, and major roadways, this home offers simple living in a central Bradenton location. A great option for buyers seeking value, convenience, and low-maintenance living.

Key facts

• 2,278 sq ft lot
• Parking
• Built 1962

Property features AI

Finance

• Other: Condo land included
• Financial info: No lease restrictions
• HOA & community: No association

Exterior

• Parking: Carport (1 space)
• Utilities: Public water; Public sewer; Electricity available
• Home design: Manufactured home (single wide); One level; North-facing
• Construction: Frame construction; Metal roof; Slab foundation; Built on a 0.05-acre lot
• Exterior features: Paved road access

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Carpet; Other
• Bathrooms: 1 full bathroom
• Heating & cooling: Ductless heating; Wall/Window cooling units
• Interior features: Other interior features
• Laundry & utility: Washer; Dryer; Other laundry features

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $90k.

Deal economics

• At list price, monthly cash flow is $365 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.2% 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: G D Rogers Garden- Bullock Elementary (math 28% / reading 25%, grade F, #2,009 of 2,144 statewide, top 94%, 504 students, 78% 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 72% FRL vs 51% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 29% at this address vs 52% district-wide (-23 pts) — the specific schools serving this property underperform the Manatee average; the district grade overstates school quality for this exact location.
• Market conditions: Rents falling (-5.5%/yr); 362 active listings in the ZIP; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Manatee County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $25k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 161 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask is 6839% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $25k; list at $90k implies a 260% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $79,197 (12.0% below list)

Questions for the listing agent

1. It's been on market 161 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.31% ✓
• Cap rate: 11.17%
• Cash-on-cash: 17.40%
• DSCR: 1.77
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $67,200
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1017 51st Avenue Dr W	0.11mi	1/1.0	440 (-8%)	5mo	$70,000	$159	77
1109 49th Avenue Dr W	0.11mi	1/1.0	427 (-11%)	2mo	$70,900	$166	75
618 51st Ave W	0.28mi	2/1.5 (+1)	470 (-2%)	6mo	$66,000	$140	72
709 49th Avenue Dr W	0.24mi	1/1.0	528 (+10%)	2mo	$30,000	$57	70
1107 49th Ave W	0.14mi	2/1.0 (+1)	450 (-6%)	10mo	$55,000	$122	70
611 51st Avenue Plz W	0.31mi	2/1.0 (+1)	460 (-4%)	14mo	$65,000	$141	62
704 49th Ave W	0.28mi	1/1.0	410 (-15%)	5mo	$59,900	$146	59
108 51st Avenue Ter W	0.63mi	1/1.0	520 (+8%)	8mo	$57,000	$110	50
619 52nd Ave W	0.32mi	2/2.0 (+1)	550 (+15%)	5mo	$60,000	$109	48

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: 5.5%
• Equity multiple: 1.21×
• Total profit: $5,222
• Equity at exit: $13,419

10-year hold

• IRR: 12.2%
• Equity multiple: 1.84×
• Total profit: $21,100
• Equity at exit: $7,781

Cash invested: $25,199 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34207

• Rents YoY: -5.5%
• Active inventory: 362
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,179 medium
• Mortgage (P&I): −$472
• Tax from tax record: −$56 /mo · $676/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$248
• Net cashflow: $365

Break-even live

Break-even rent $716

Max offer price $89,997

Occupancy floor 64%

Sensitivity live

Price	-10% $416	-5% $391	+0% $365	+5% $340	+10% $315
Rent	-10% $272	-5% $319	+0% $365	+5% $412	+10% $459
Rate	-1.0pp $411	-0.5pp $388	base $365	+0.5pp $342	+1.0pp $318

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $22,499
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-22
   days on market $89,997 Active 161 DOM
2. 2026-06-18
   days on market $89,997 Active 158 DOM
3. 2026-06-17
   days on market $89,997 Active 157 DOM
4. 2026-06-16
   days on market $89,997 Active 156 DOM
5. 2026-06-15
   days on market $89,997 Active 155 DOM
6. 2026-06-13
   days on market $89,997 Active 153 DOM
7. 2026-06-13
   days on market $89,997 Active 152 DOM
8. 2026-06-10
   days on market $89,997 Active 150 DOM
9. 2026-06-09
   days on market $89,997 Active 149 DOM
10. 2026-06-08
    days on market $89,997 Active 148 DOM
11. 2026-06-08
    days on market $89,997 Active 147 DOM
12. 2026-06-03
    days on market $89,997 Active 143 DOM
13. 2026-06-02
    days on market $89,997 Active 142 DOM
14. 2026-06-01
    days on market $89,997 Active 141 DOM
15. 2026-05-31
    days on market $89,997 Active 140 DOM
16. 2026-05-20
    price $1,525
17. 2026-04-28
    price $89,997
18. 2026-03-25
    listed $1,297
19. 2026-01-11
    listed $99,997 Active
20. 2023-09-23
    historical $1,395
21. 2023-08-24
    price $1,395
22. 2023-07-30
    price $1,495
23. 2023-07-29
    listed
24. 2023-07-22
    historical
25. 1988-05-02
    soldstatus $25,000

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

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $676 · $56/mo
• Projected year-2 tax: $747 · $62/mo
• Expected delta: +$70/yr (+$6/mo · 10.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 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

Taxation est. · year 1

• Rental income: $14,146
• − Mortgage interest: −$5,041
• − Property taxes: −$676
• − Insurance: −$450
• − Repairs & maintenance: −$1,132
• − Management: −$1,132
• − Depreciation: −$2,618
• Taxable income: $3,097
• Est. tax owed @ 24.0%: −$743
• After-tax cash flow: $3,642/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
• City population: 33,840
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 34,081
• Household income: $45,010
• Rent vs Own: 38.8% rent · 61.2% own
• Severe rent burden: 1474.0

Population outlook (Manatee County) Hauer SSP2

• Today (2025): 447,342 people
• By 2030: 488,911 · +9.3%
• By 2040: 567,934 · +27.0%
• By 2050: 637,995 · +42.6%
• By 2075: 781,970 · +74.8%
• By 2100: 848,272 · +89.6%

Race, ethnicity, and origin ACS 2023

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

Political lean MEDSL · Manatee

• 2024 margin: Strong R (+23.5) · D 37.9% · R 61.4%
• 2008→2024 swing: -16.5pp toward R · 2008: -7.0pp · 2024: -23.5pp
• All cycles: 2024: R+23.5 2020: R+16.1 2016: R+17.1 2012: R+12.5 2008: R+7.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -305.32%
• Current HPI: 369.9899
• Rent YoY: ▼ -5.50%
• Metro: North Port-Sarasota-Bradenton, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-93.9% since first listed

10 events — show timeline

• 2026-05-20 Price Changed $1,525 APPFOLIO
• 2026-04-28 Price Changed $89,997 Stellar MLS as Distributed by MLS Grid
• 2026-03-25 Listed for Rent $1,297 APPFOLIO
• 2026-01-11 Listed $99,997 Stellar MLS as Distributed by MLS Grid
• 2023-09-23 Rental Removed $1,395 APPFOLIO
• 2023-08-24 Price Changed $1,395 APPFOLIO
• 2023-07-30 Price Changed $1,495 APPFOLIO
• 2023-07-29 Listed for Rent — APPFOLIO
• 2023-07-22 Rental Removed — APPFOLIO
• 1988-05-02 Sold (Public Records) $25,000 Public Records

Property tax history

+3.0%/yr

Latest (2025): $676 · +1.1% YoY. Source: county tax records.