503 51st Avenue Plz W · South Bradenton, FL 34207

$75,000

3 bd · 1.0 ba · 900 sqft · Manufactured public records · 11 Days on market

Built 1964 4,678 sqft lot Est $111k · 32% under $135/mo HOA · 8% of rent

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

Listing remarks

Versión en español más abajo. Fixer-Upper Near Anna Maria Island 503 51st Avenue Plz W, Bradenton, FL - LAND OWNED This home is a great deal for the right buyer. It sits in West Bradenton, just a short drive to the beach and the Gulf. The home needs work. It needs roof repair. The inside needs fixing up too. But that's the good part. The low price gives you room to add value. Fix it up, and you can build equity fast. This is perfect if you like to do projects. It's also great for an investor or for someone who wants a cheap home near the beach. You won't find many deals like this so close to the island. The lot is big. You'll have space to garden, relax, or have frien

Key facts

• Big lot
• Close to stores
• Close to beach

Tags

• NEAR ANNA MARIA ISLAND
• BIG LOT
• CLOSE TO STORES
• CLOSE TO BEACH

Property features AI

Finance

• Other: Living area reported as 1,512 (owner provided); Building area total reported as 2,050 (owner provided)
• Financial info: Total annual fees reported as $1,620
• HOA & community: Has HOA with monthly fee of $135 (includes pool); Association fee required; Pets allowed

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Residential mobile home (double wide); Fixer condition; Two levels; Faces east
• Construction: Frame construction; Metal roof; Other roof material; Crawlspace and slab foundation
• Exterior features: Paved road access; Lot approximately 0.1 acre (about 435 sq meters)

Interior

• Kitchen: Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: No central heating; Wall/window unit(s) for cooling
• Interior features: Open floorplan; Storage
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath manufactured listed at $75k.

Deal economics

• At list price, monthly cash flow is $636 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Cap rate 16.5% vs local median 4.0% 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: Oneco Elementary School (math 49% / reading 27%, grade F, #1,587 of 2,144 statewide, top 74%, 596 students, 79% 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 (22 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 falling (-5.5%/yr); 361 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 43% of the median local income ($45k/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 $519 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 $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $65k; 15% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $75,000

Questions for the listing agent

1. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
5. 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?
6. 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.
7. 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.
8. 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: 2.17% ✓
• Cap rate: 16.47%
• Cash-on-cash: 36.36%
• DSCR: 2.62
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $110,700
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
511 50th Avenue Dr W	0.16mi	2/1.5 (-1)	880 (-2%)	2mo	$66,500	$76	80
406 50th Ave W	0.17mi	2/1.5 (-1)	928 (+3%)	3mo	$128,900	$139	78
403 52nd Avenue Plz W	0.15mi	2/1.0 (-1)	846 (-6%)	1mo	$75,000	$89	77
1106 51st Ave W	0.37mi	2/1.0 (-1)	890 (-1%)	2mo	$54,000	$61	74
704 49th Avenue Ter W	0.23mi	2/1.0 (-1)	978 (+9%)	4mo	$125,000	$128	66
918 49th Ave W	0.37mi	2/2.0 (-1)	876 (-3%)	4mo	$127,000	$145	66
502 Bolivia Blvd	0.32mi	2/2.0 (-1)	960 (+7%)	2mo	$124,900	$130	64
719 50th Avenue Ter W	0.19mi	2/1.5 (-1)	770 (-14%)	3mo	$95,000	$123	57
4904 4th A St E	0.51mi	2/2.0 (-1)	840 (-7%)	1mo	$60,000	$71	55
301 Brazil Ct #95	0.40mi	2/1.5 (-1)	792 (-12%)	2mo	$66,000	$83	52
1106 49th Avenue Dr W	0.43mi	2/2.0 (-1)	1,013 (+13%)	0mo	$145,000	$143	50
1112 49th Avenue Ter W	0.43mi	2/1.5 (-1)	770 (-14%)	4mo	$36,000	$47	46

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: 28.4%
• Equity multiple: 2.13×
• Total profit: $23,702
• Equity at exit: $11,183

10-year hold

• IRR: 33.8%
• Equity multiple: 3.61×
• Total profit: $54,792
• Equity at exit: $6,485

Cash invested: $21,000 (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: 361
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,630 high
• Mortgage (P&I): −$393
• Tax from tax record: −$92 /mo · $1,105/yr
• Insurance: −$31
• HOA: −$135
• Vacancy / Maint / Mgmt: −$342
• Net cashflow: $636

Break-even live

Break-even rent $825

Max offer price $75,000

Occupancy floor 56%

Sensitivity live

Price	-10% $679	-5% $658	+0% $636	+5% $615	+10% $594
Rent	-10% $508	-5% $572	+0% $636	+5% $701	+10% $765
Rate	-1.0pp $674	-0.5pp $655	base $636	+0.5pp $617	+1.0pp $597

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
503 51st Ave W Bradenton, FL	3.0	2.0	882	$1,075	$1.22	12d	1	0.06mi
503 51st Ave W Unit 503 Bradenton, FL	3.0	2.0	882	$1,275	$1.45	24d	1	0.06mi
608 51st Ave W Bradenton, FL	2.0	1.5	760	$2,200	$2.89	24d	1	0.10mi
707 50th Ave W Bradenton, FL	2.0	1.0	730	$1,150	$1.58	24d	1	0.24mi
4810 Ho Wil Ln Unit 4810 Bradenton, FL	2.0	1.0	784	$1,600	$2.04	24d	1	0.32mi
915 50th Avenue Plz W Bradenton, FL	2.0	1.0	700	$1,200	$1.71	24d	1	0.33mi
110 52nd Avenue Ter E Bradenton, FL	2.0	1.5	684	$1,450	$2.12	24d	1	0.37mi
4903 2nd B St E Bradenton, FL	2.0	2.0	624	$2,400	$3.85	24d	1	0.42mi
4630 5th St W Ste 6 Bradenton, FL	2.0	1.0	1000	$1,600	$1.60	12d	1	0.47mi
202 46th Avenue Ter W #409 Bradenton, FL	2.0	2.0	1086	$1,995	$1.84	24d	1	0.50mi
5502 8th Street Ct W Bradenton, FL	2.0	2.0	896	$1,595	$1.78	24d	1	0.50mi
5580 Fountain Lake Cir Bradenton, FL	1.0–3.0	1.0–2.0	1052	$2,367	$2.25	3d	38	0.59mi
1007 57th Ave W Bradenton, FL	2.0	1.5	967	$1,495	$1.55	11d	1	0.79mi
5531 16th St W Unit 5537 Bradenton, FL	2.0	1.0	750	$1,650	$2.20	4d	1	0.89mi
2004 49th Ave W Unit 2002 Bradenton, FL	2.0	2.0	1021	$1,950	$1.91	24d	1	0.97mi
5613 8th St Ct E Bradenton, FL	3.0	2.0	1000	$1,700	$1.70	24d	1	0.98mi
5513 18th St W Bradenton, FL	2.0	1.0	1000	$1,499	$1.50	24d	1	0.98mi
716 56th Avenue Dr E Bradenton, FL	3.0	2.0	1000	$1,700	$1.70	4d	1	0.99mi
5828 3rd St E Bradenton, FL	3.0	2.0	1036	$1,995	$1.93	24d	1	0.99mi
4444 17th St W Unit B Bradenton, FL	2.0	1.0	850	$2,200	$2.59	24d	1	1.01mi
4906 21st St W Bradenton, FL	2.0	1.0	918	$1,700	$1.85	17d	1	1.02mi
5001 22nd St W Unit B Bradenton, FL	2.0	1.0	729	$1,700	$2.33	17d	1	1.04mi
1345 301 Blvd E Bradenton, FL	1.0–3.0	1.0–2.0	872	$1,528	$1.75	24d	9	1.23mi
512 60th Avenue Ter W Unit 512 Bradenton, FL	3.0	1.5	972	$1,900	$1.95	11d	1	1.23mi
2305 46th Ave W Bradenton, FL	1.0–2.0	1.0–2.0	1005	$1,837	$1.83	3d	10	1.23mi
4906 25th St W #101 Bradenton, FL	2.0	1.5	1070	$1,550	$1.45	24d	1	1.24mi
1807 Restful Dr Unit N4 Bradenton, FL	2.0	1.0	733	$1,150	$1.57	4d	1	1.27mi
1566 Pleasant Rd Unit J24 Bradenton, FL	2.0	1.0	733	$1,150	$1.57	24d	1	1.28mi
350 34th Avenue Dr E Bradenton, FL	1.0–3.0	1.0–2.0	893	$1,559	$1.74	2d	6	1.28mi
4515 26th St W Bradenton, FL	1.0–2.0	1.0–2.0	806	$1,510	$1.87	2d	14	1.28mi
5310 26th St W Bradenton, FL	1.0–2.0	1.0	789	$1,450	$1.84	12d	5	1.31mi
5310 26th St W Bradenton, FL	1.0–2.0	1.0	789	$1,450	$1.84	4d	4	1.31mi
5310 26th St W Bradenton, FL	1.0–2.0	1.0	789	$1,550	$1.96	21d	5	1.31mi
1874 Sunny Dr Unit F32 Bradenton, FL	2.0	1.0	744	$950	$1.28	24d	1	1.33mi
5858 Welcome Rd Unit J23 Bradenton, FL	2.0	1.0	744	$1,150	$1.55	4d	1	1.34mi
5820 21st St W Bradenton, FL	3.0	2.0	1116	$1,995	$1.79	4d	1	1.35mi
3 Date Ave Bradenton, FL	2.0	2.0	1000	$1,495	$1.50	24d	1	1.36mi
3808 11th St E Bradenton, FL	2.0	1.0	850	$1,600	$1.88	24d	1	1.37mi
390 301 Blvd W Bradenton, FL	2.0	2.0	1125	$1,495	$1.33	24d	1	1.37mi
907 34th Ave W Bradenton, FL	3.0	1.0	985	$1,599	$1.62	21d	1	1.37mi

HOA detail

• Monthly dues: $135 · $1,620/yr

Listing history 10 events

1. 2026-06-18
   days on market $75,000 Active 11 DOM
2. 2026-06-17
   days on market $75,000 Active 10 DOM
3. 2026-06-16
   days on market $75,000 Active 9 DOM
4. 2026-06-15
   days on market $75,000 Active 8 DOM
5. 2026-06-13
   days on market $75,000 Active 6 DOM
6. 2026-06-13
   days on market $75,000 Active 5 DOM
7. 2026-06-10
   days on market $75,000 Active 3 DOM
8. 2026-06-09
   days on market $75,000 Active 2 DOM
9. 2026-06-07
   remarks 678-char remark
10. 2026-06-07
    listed $75,000 Active 1 DOM

ⓘ 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: $1,105 · $92/mo
• Projected year-2 tax: $1,105 · $92/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 6 d/yr ≥107°F today · 23 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: $19,564
• − Mortgage interest: −$4,201
• − Property taxes: −$1,105
• − Insurance: −$375
• − Repairs & maintenance: −$1,565
• − Management: −$1,565
• − HOA: −$1,620
• − Depreciation: −$2,182
• Taxable income: $6,951
• Est. tax owed @ 24.0%: −$1,668
• After-tax cash flow: $5,968/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): 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

+120.6% since first listed

4 events — show timeline

• 2026-06-07 Listed $75,000 Stellar MLS as Distributed by MLS Grid
• 2003-07-18 Sold (Public Records) $65,100 Public Records
• 2002-03-05 Sold (Public Records) $60,000 Public Records
• 1982-04-01 Sold (Public Records) $34,000 Public Records

Property tax history

+10.8%/yr

Latest (2025): $1,105 · -0.4% YoY. Source: county tax records.