5316 53rd Ave E Unit D7 · Bradenton, FL 34203

$136,400

2 bd · 1.0 ba · 728 sqft · Manufactured public records · 51 Days on market

Built 1982 3,737 sqft lot $332/mo HOA · 18% of rent

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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 +24.7/30.0
• 1% rule +8.8/10.0
• DSCR +8.0/10.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Meticulously Maintained & Move-In Ready! This beautifully cared-for 2 bedroom, 1 bath home offers comfort, style, and exceptional value in a welcoming 55+ community with an active social lifestyle. From the moment you arrive, you’ll notice the pride of ownership and the gorgeous landscaping that surrounds the home. Inside, the kitchen was completely remodeled in 2019 and features beautiful custom cabinetry with soft-close doors, abundant storage, a stylish backsplash, and a convenient breakfast bar—perfect for casual dining or entertaining. In 2020, new flooring was installed throughout the entire home, creating a modern, cohesive

Key facts

• Extra storage
• Remodeled kitchen
• New flooring

Tags

• REMODELED KITCHEN
• NEW FLOORING
• UPDATED BATHROOM
• ADDITIONAL LIVING SPACE
• ENCLOSED LANAI
• EXTRA STORAGE

Property features AI

Finance

• Other: Partially furnished
• Financial info: Total monthly HOA fees reported as $332; total annual fees $3,984; Lease restrictions apply
• HOA & community: Has HOA (Lou Paul) — monthly fee $332 required; HOA includes cable TV, pool, internet, grounds maintenance, management, private road, recreational facilities, sewer, trash and water; Community features: clubhouse, community mailbox, deed restrictions, buyer approval required; Senior community; Pets allowed (cats and dogs, with number limits); Association approval required

Exterior

• Parking: Carport (1 space)
• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Water connected
• Home design: Manufactured home (single wide); One level; East-facing entry
• Construction: Metal siding; Metal roof; Crawlspace foundation; Built as manufactured housing
• Exterior features: Awning(s); Asphalt road access

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Open floorplan; 3 total rooms
• Laundry & utility: Washer; Dryer; Laundry inside

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $136k.

Deal economics

• At list price, monthly cash flow is $284 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $136k).
• Recommended offer: $132k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 3.6% in 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 81/100 on livability (#101 in FL, #1,528 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime D, amenities F.
• Manatee (suburban): math 54% / reading 50% proficiency, ranked #26 of 73 in FL (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-1.0%/yr); 384 active listings in the ZIP; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 32% of the median local income ($71k/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 $943 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Manatee County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $20k; list at $136k implies a 582% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; 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 $132,308 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.38% ✓
• Cap rate: 8.79%
• Cash-on-cash: 8.93%
• DSCR: 1.40
• GRM: 6.1

CMA / ARV

• ARV (on-the-fly): $89,544
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5316 53rd Ave E Unit E2	0.12mi	2/2.0	736 (+1%)	1mo	$75,000	$102	88
5316 53 Ave E Unit I5	0.14mi	2/1.0	690 (-5%)	3mo	$84,900	$123	82
5316 53rd Ave E Unit I10	0.17mi	2/1.5	744 (+2%)	8mo	$98,000	$132	80
5316 53rd Ave E Unit F40	0.03mi	2/2.0	792 (+9%)	9mo	$108,000	$136	73
5316 53rd Ave E Unit B6	0.14mi	2/1.0	672 (-8%)	10mo	$50,000	$74	72
5316 53rd Ave E Unit M4	0.29mi	2/1.0	672 (-8%)	3mo	$73,000	$109	71
5316 53rd Ave E Unit A3	0.17mi	2/2.0	768 (+6%)	12mo	$65,000	$85	69
5316 53rd Ave E Unit Q6	0.26mi	2/1.0	672 (-8%)	10mo	$80,000	$119	67
5316 53rd Ave E Unit Q8	0.28mi	2/1.0	672 (-8%)	12mo	$99,000	$147	64
5316 53rd Ave E Unit K29	0.24mi	2/2.0	672 (-8%)	10mo	$111,000	$165	64
5707 45th St E #81	0.64mi	2/2.0	736 (+1%)	6mo	$105,000	$143	59
5316 53rd Ave E Unit K4	0.23mi	3/2.0 (+1)	792 (+9%)	12mo	$85,000	$107	56

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: -6.8%
• Equity multiple: 0.76×
• Total profit: $-9,320
• Equity at exit: $20,338

10-year hold

• IRR: -2.5%
• Equity multiple: 0.86×
• Total profit: $-5,310
• Equity at exit: $11,793

Cash invested: $38,192 (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 34203

• Home prices YoY: -24.5%
• Rents YoY: -1.0%
• Active inventory: 384
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,876 medium
• Mortgage (P&I): −$715
• Tax from tax record: −$94 /mo · $1,125/yr
• Insurance: −$57
• HOA: −$332
• Vacancy / Maint / Mgmt: −$394
• Net cashflow: $284

Break-even live

Break-even rent $1,516

Max offer price $136,400

Occupancy floor 80%

Sensitivity live

Price	-10% $361	-5% $323	+0% $284	+5% $246	+10% $207
Rent	-10% $136	-5% $210	+0% $284	+5% $358	+10% $432
Rate	-1.0pp $353	-0.5pp $319	base $284	+0.5pp $249	+1.0pp $213

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: $34,100
• Closing costs: $4,092
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $332 · $3,984/yr
• Likely covers: landscaping

Listing history 3 events

1. 2026-05-03
   status Pending
2. 2026-03-13
   listed $136,400 Active
3. 1991-12-12
   soldstatus $20,000

ⓘ 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: $1,125 · $94/mo
• Projected year-2 tax: $1,132 · $94/mo
• Expected delta: +$7/yr (+$1/mo · 0.6%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 50% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,512
• − Mortgage interest: −$7,641
• − Property taxes: −$1,125
• − Insurance: −$682
• − Repairs & maintenance: −$1,801
• − Management: −$1,801
• − HOA: −$3,984
• − Depreciation: −$3,968
• Taxable income: $1,510
• Est. tax owed @ 24.0%: −$362
• After-tax cash flow: $3,047/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 — Bradenton

• Score: 81/100
• State rank: #101
• US rank: #1528

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Manatee County · 416,364 people
• City population: 227,091
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 40,618
• Household income: $70,761
• Rent vs Own: 27.3% rent · 72.7% own
• Severe rent burden: 1469.0

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 19% Two or more races 12% Black 9% Asian 5%
• Hispanic origin (detail): Mexican 9% Puerto Rican 3% Cuban 2% Dominican 1%
• Common ancestry: Lithuanian 3% Romanian 3% Slovak 2%
• Foreign-born: 17% · Canada, Vietnam, Dominican Republic
• Languages at home: 76% English-only · Spanish 16% Vietnamese 2% Other Indo-European 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: ▼ -95.87%
• Current HPI: 295.8871
• Rent YoY: ▼ -0.97%
• 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

+582.0% since first listed

3 events — show timeline

• 2026-05-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-13 Listed $136,400 Stellar MLS as Distributed by MLS Grid
• 1991-12-12 Sold (Public Records) $20,000 Public Records

Property tax history

+5.8%/yr

Latest (2024): $1,125 · +1.0% YoY. Source: county tax records.