6205 114th Ave E · Bradenton, FL 34219

$320,000

4 bd · 2.0 ba · 1,808 sqft · SingleFamily public records · 54 Days on market

Built 2021 Good condition 8,255 sqft lot Est $371k · 14% under $100/mo HOA · 4% of rent

---

Why this score? — see what drove the D+ 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).

• ARV discount +13.6/15.0
• Cash flow +12.5/30.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Condition / age +4.0/5.0
• 1% rule +3.8/10.0
• DSCR +3.7/10.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Short Sale. Located in the Willow Bend community of Parrish, this 4-bedroom, 2-bath home built in 2021 offers approximately 1,808 square feet of living space with a two-car garage and a functional single-story layout. The home features an open floor plan with a great room design, spacious bedrooms, and modern finishes typical of newer construction. Based on available information, the property appears to be in generally good condition, providing an opportunity to acquire a newer home without the need for major renovation. Buyers are encouraged to conduct their own inspections to verify condition. Residents of Willow Bend enjoy community amenities inclu

Key facts

• Open floor plan
• Community amenities
• Modern finishes

Tags

• WILLOW BEND COMMUNITY
• OPEN FLOOR PLAN
• GREAT ROOM DESIGN
• MODERN FINISHES
• COMMUNITY AMENITIES
• POOL

Property features AI

Finance

• Other: Partially furnished; Homestead exempt; Zoned PD-R
• Financial info: Lease restrictions apply; Total monthly fees listed as $100; total annual fees listed as $1,200
• HOA & community: Monthly HOA: $100; HOA amenities include pool, park, playground and recreational facilities; Association fee includes pool, maintenance of grounds, common area taxes and recreational facilities; Pets allowed (cats and dogs); Golf carts allowed; Sidewalks in community

Exterior

• Parking: Attached garage; 2-car garage
• Utilities: Public water; Public sewer; Electricity connected; Cable connected; Fiber optics available; Phone available; BB/HS internet available; Sprinkler meter; Fire hydrant nearby; Water connected; Sewer connected
• Home design: Single family residence; Single-story (One level); Faces east
• Construction: Block construction; Shingle roof; Slab foundation; Built on less than 1/4 acre lot
• Exterior features: Hurricane shutters; Sliding doors; Irrigation equipment; Asphalt road access; Planned unit development

Interior

• Kitchen: Convection oven; Dishwasher; Exhaust fan; Freezer; Ice maker; Microwave; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Laminate; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Baseboard heating; Central heating; Central air conditioning
• Interior features: Open floorplan; Thermostat; Window treatments; Attic; Family room
• Laundry & utility: Washer; Dryer; Electric water heater; Inside laundry

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $320k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-44 ($-531/yr) — negative.
• To cash-flow at today's rent, offer at most $312k (2.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $282k (11.7% below list).
• Recommended offer: $282k (11.7% below list) — sets the bar for 1% rule.
• Cap rate 6.1% 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.
• Zoned schools: Barbara A Harvey Elementary School (math 74% / reading 59%, grade B+, #473 of 2,144 statewide, top 23%, 1,069 students, 33% FRL); Buffalo Creek Middle School (math 59% / reading 51%, grade B-, #180 of 571 statewide, top 32%, 1,127 students, 44% FRL); Parrish Community High School (math 47% / reading 57%, grade D+, #160 of 667 statewide, top 25%, 2,017 students, 32% FRL).
• Market conditions: Rents soft (-0.9%/yr); 2194 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 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 $2k of loan paydown is wiped out by about $10k 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 54 days — a 3% lower offer ($310k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 6y ago; this cycle's ask has dropped $30k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $282,462 (11.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 54 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.88% ✗
• Cap rate: 6.13%
• Cash-on-cash: -0.59%
• DSCR: 0.97
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $370,640
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6209 116th Ave E	0.28mi	3/2.0 (-1)	1,808 (0%)	2mo	$460,000	$254	81
6111 116th Ave E	0.28mi	3/2.0 (-1)	1,808 (0%)	3mo	$350,000	$194	80
6217 116th Ave E	0.28mi	3/2.0 (-1)	1,808 (0%)	15mo	$439,000	$243	70
11311 63rd St E	0.11mi	3/2.0 (-1)	1,675 (-7%)	13mo	$379,000	$226	67
6105 114th Dr E	0.09mi	4/2.0	2,022 (+12%)	11mo	$395,000	$195	66
6307 113th Ter E	0.17mi	4/2.0	2,022 (+12%)	8mo	$410,000	$203	66
10719 55th Ct E	0.73mi	4/2.0	1,827 (+1%)	2mo	$350,000	$192	63
5720 107th Ter E	0.62mi	3/2.0 (-1)	1,808 (0%)	9mo	$380,000	$210	59
6120 115th Ave E	0.22mi	3/2.0 (-1)	2,018 (+12%)	9mo	$410,000	$203	58
6609 114th Ave E	0.28mi	3/2.0 (-1)	2,018 (+12%)	13mo	$425,000	$211	51
10605 58th St E	0.71mi	3/2.0 (-1)	1,826 (+1%)	13mo	$374,000	$205	50
11530 57th Street Cir E	0.45mi	3/2.0 (-1)	2,066 (+14%)	10mo	$335,000	$162	42

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: -20.8%
• Equity multiple: 0.30×
• Total profit: $-62,865
• Equity at exit: $47,713

10-year hold

• IRR: -23.2%
• Equity multiple: -0.00×
• Total profit: $-90,025
• Equity at exit: $27,668

Cash invested: $89,600 (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 34219

• Home prices YoY: -23.7%
• Rents YoY: -0.9%
• Active inventory: 2194
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,825 high
• Mortgage (P&I): −$1,678
• Tax from tax record: −$364 /mo · $4,371/yr
• Insurance: −$133
• HOA: −$100
• Vacancy / Maint / Mgmt: −$593
• Net cashflow: $-44

Break-even live

Break-even rent $2,881

Max offer price $312,190

Occupancy floor 97%

Sensitivity live

Price	-10% $137	-5% $46	+0% $-44	+5% $-135	+10% $-225
Rent	-10% $-267	-5% $-156	+0% $-44	+5% $67	+10% $179
Rate	-1.0pp $117	-0.5pp $37	base $-44	+0.5pp $-127	+1.0pp $-211

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: $80,000
• Closing costs: $9,600
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6203 115th Ave E Parrish, FL	3.0	3.5	2384	$2,770	$1.16	17d	1	0.20mi
5525 106th Ave E Parrish, FL	4.0	2.0	1952	$2,511	$1.29	23d	1	0.78mi
10508 55th Ct E Parrish, FL	3.0	2.0	1447	$3,000	$2.07	25d	1	0.81mi
11639 Old Florida Ln Parrish, FL	3.0	2.5	1692	$2,350	$1.39	21d	1	0.90mi
11465 Summit Rock Ct Parrish, FL	4.0	2.5	2434	$2,975	$1.22	25d	1	1.02mi
11106 Sand Pine Ln Parrish, FL	3.0	2.0	1766	$2,579	$1.46	5d	1	1.15mi
11479 Walden Loop Parrish, FL	3.0	2.0	2408	$2,849	$1.18	25d	1	1.17mi
10610 Eddy Cir Parrish, FL	1.0–3.0	1.0–2.0	1082	$2,495	$2.30	4d	89	1.22mi
9924 59th St E Parrish, FL	4.0	2.0	2209	$2,456	$1.11	5d	1	1.27mi
9922 52nd St E Parrish, FL	3.0	2.0	1270	$2,250	$1.77	5d	1	1.30mi
11230 82nd St E Parrish, FL	3.0	2.0	1758	$2,495	$1.42	17d	1	1.31mi
8123 Trimbelle Ter Parrish, FL	3.0	2.0	1722	$2,850	$1.66	17d	1	1.32mi
11764 Shirburn Cir Parrish, FL	4.0	2.0	1606	$2,526	$1.57	5d	1	1.35mi
11523 84th Street Cir E #105 Parrish, FL	3.0	2.5	1588	$1,950	$1.23	5d	1	1.35mi
11522 84th Street Cir E #105 Parrish, FL	3.0	2.5	1588	$2,300	$1.45	25d	1	1.38mi
8443 Canyon Creek Trl Parrish, FL	3.0	2.5	2178	$2,000	$0.92	25d	1	1.43mi
8544 Canyon Creek Trl Parrish, FL	3.0	2.5	1822	$2,300	$1.26	13d	1	1.43mi
8423 Canyon Creek Trl Parrish, FL	3.0	2.5	1823	$2,400	$1.32	25d	1	1.44mi
8522 Canyon Creek Trl Parrish, FL	3.0	2.5	1822	$2,000	$1.10	25d	1	1.44mi
11567 84th Street Cir E #105 Parrish, FL	3.0	2.5	1420	$1,999	$1.41	5d	1	1.46mi

HOA detail

• Monthly dues: $100 · $1,200/yr

Listing history 23 events

1. 2026-06-13
   statusdays on market $320,000 Pending 54 DOM
2. 2026-06-10
   days on market $320,000 Active 52 DOM
3. 2026-06-09
   days on market $320,000 Active 51 DOM
4. 2026-06-08
   days on market $320,000 Active 50 DOM
5. 2026-06-08
   days on market $320,000 Active 49 DOM
6. 2026-06-03
   days on market $320,000 Active 45 DOM
7. 2026-06-02
   pricedays on market $320,000 Active 44 DOM
8. 2026-06-01
   days on market $335,000 Active 43 DOM
9. 2026-05-31
   days on market $335,000 Active 42 DOM
10. 2026-05-11
    price $335,000
11. 2026-04-19
    listed $350,000 Active
12. 2026-01-07
    historical $2,795
13. 2025-12-16
    listed $2,795
14. 2025-12-16
    historical $2,795
15. 2025-12-13
    listed $2,795
16. 2022-11-02
    price $445,000
17. 2022-10-16
    price $499,900
18. 2022-08-21
    price $509,000
19. 2022-07-13
    listed $525,000 Active
20. 2021-03-06
    price $277,990
21. 2021-01-09
    price $266,990
22. 2020-12-03
    price $263,990
23. 2020-10-28
    listed $261,990 Active

ⓘ 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: $4,371 · $364/mo
• Projected year-2 tax: $4,371 · $364/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 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,895
• − Mortgage interest: −$17,925
• − Property taxes: −$4,371
• − Insurance: −$1,600
• − Repairs & maintenance: −$2,712
• − Management: −$2,712
• − HOA: −$1,200
• − Depreciation: −$9,309
• Taxable loss: −$5,932
• Est. tax savings @ 24.0%: +$1,424
• After-tax cash flow: $893/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.

Condition & rehab AI · 13 photos

Good 80/100 Cosmetic rehab

This 2021 single-family home in Willow Bend offers a good condition with modern finishes and a functional layout. It is ready for move-in and would benefit from a fresh coat of paint and some landscaping maintenance to enhance its curb appeal.

Value-add opportunities

• Resale paint exterior — enhances curb appeal
• Rental trim landscaping — improves curb appeal and enhances property value

Renovation cost estimate screening

Value-add ROI direction

• Resale paint exterior — enhances curb appeal ↑
• Rental trim landscaping — improves curb appeal and enhances property value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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): 33,296
• Household income: $113,773
• Rent vs Own: 8.1% rent · 91.9% own
• Severe rent burden: 219.0

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 (75%)
• Race & ethnicity: White 75% Hispanic / Latino 11% Two or more races 8% Black 8% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 4% Hispanic 2% Russian 2%
• Foreign-born: 10% · Canada, Dominican Republic, Jamaica
• Languages at home: 88% English-only · Spanish 7% French/Haitian/Cajun 2% Other Asian/Pacific 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: ▼ -84.45%
• Current HPI: 271.7131
• Rent YoY: ▼ -0.95%
• 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

+27.9% since first listed

14 events — show timeline

• 2026-05-11 Price Changed $335,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-19 Listed $350,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-07 Rental Removed $2,795 STELLARMLS
• 2025-12-16 Listed for Rent $2,795 STELLARMLS
• 2025-12-16 Rental Removed $2,795 SHOWMOJO
• 2025-12-13 Listed for Rent $2,795 SHOWMOJO
• 2022-11-02 Price Changed $445,000 Stellar MLS as Distributed by MLS Grid
• 2022-10-16 Price Changed $499,900 Stellar MLS as Distributed by MLS Grid
• 2022-08-21 Price Changed $509,000 Stellar MLS as Distributed by MLS Grid
• 2022-07-13 Listed $525,000 Stellar MLS as Distributed by MLS Grid
• 2021-03-06 Price Changed $277,990 Stellar MLS as Distributed by MLS Grid
• 2021-01-09 Price Changed $266,990 Stellar MLS as Distributed by MLS Grid
• 2020-12-03 Price Changed $263,990 Stellar MLS as Distributed by MLS Grid
• 2020-10-28 Listed $261,990 Stellar MLS as Distributed by MLS Grid

Property tax history

+97.9%/yr

Latest (2025): $4,371 · +15.0% YoY. Source: county tax records.