315 30th Ave W Unit B203 · South Bradenton, FL 34205

$88,412

2 bd · 2.0 ba · 1,050 sqft · Condo public records · 70 Days on market

Built 1980 $597/mo HOA · 39% 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 +17.2/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +5.4/10.0
• 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

Listing remarks

Pick me and the seller will give you $4,000 towards your closing costs! How's that! Discover Woodpark at Desoto Square, one of Bradenton's most affordable hidden gems just 20 minutes to our famous beaches. This 2nd floor, 2-bedroom, 2 bath condo is ripe for the picking. Walk around the grounds and discover the beautiful, landscaped property and tranquil sounds of the fountains in the lake. Meet new friends at one of the many activities or events held at the centrally located clubhouse. Go for a swim, play a game of billiards or practice up on your shuffleboard skills. You can do it all or just relax as your monthly condo fee covers your water, sewer, refuge disposal, recreational facilitie

Key facts

• $597 HOA
• Community pool
• Built 1980

Property features AI

Finance

• Other: Senior community
• Financial info: Total monthly fees $515; total annual fees $6,180; Lease restrictions apply
• HOA & community: HOA required (Association: Woodpark / Canice Roy); Monthly association fee $515 (includes cable TV, common area taxes, pool, escrow reserves fund, fidelity bond); Association amenities: clubhouse, gated community, pool; Association approval required; Community features: clubhouse, community mailbox, deed restrictions, sidewalks, association-owned recreation, special community restrictions; Pets allowed (max 25 lbs); Buyer approval required

Exterior

• Parking: Directions reference gated entrance and building parking area
• Security: Gated community
• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Sewer connected; Water connected; Irrigation equipment
• Home design: Residential condominium; Unit located on 2nd floor; Faces north; Three or more levels in building; Gated community
• Construction: Block and stucco construction; Membrane and shingle roof; Slab foundation; Building/Unit B203
• Exterior features: Outdoor lighting; Outdoor grill; Sidewalk; Storage; Pool with gunite, in-ground construction, tile and lighting; Lake view

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Elevator in building; Living room/dining room combo; Thermostat; Window treatments (including blinds)
• Laundry & utility: Common area laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $88k.

Deal economics

• At list price, monthly cash flow is $64 ($765/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $88k).
• Recommended offer: $83k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.2% 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.
• 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 24d 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 35% 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 $611 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.

Negotiation context

• It's been on market 70 days — a 6% lower offer ($83k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $56k; list at $88k implies a 58% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 39% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $83,107 (6.0% below list)

Questions for the listing agent

1. It's been on market 70 days. Have you received any prior offers? Is the seller open to a 6% 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. 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?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.73% ✓
• Cap rate: 7.16%
• Cash-on-cash: 3.09%
• DSCR: 1.14
• GRM: 4.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -17.3%
• Equity multiple: 0.42×
• Total profit: $-14,406
• Equity at exit: $13,183

10-year hold

• IRR: -26.7%
• Equity multiple: 0.06×
• Total profit: $-23,243
• Equity at exit: $7,644

Cash invested: $24,755 (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 34205

• Rents YoY: -2.4%
• Active inventory: 319
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,533 high
• Mortgage (P&I): −$464
• Tax from tax record: −$50 /mo · $596/yr
• Insurance: −$37
• HOA: −$597
• Vacancy / Maint / Mgmt: −$322
• Net cashflow: $64

Break-even live

Break-even rent $1,452

Max offer price $88,412

Occupancy floor 91%

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: $22,103
• Closing costs: $2,652
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
305 30th Ave W Bradenton, FL	1.0–2.0	1.5–2.0	987	$1,400	$1.42	23d	2	0.02mi
305 30th Ave W Unit A207 Bradenton, FL	2.0	2.0	1050	$1,400	$1.33	14d	1	0.02mi
425 30th Ave W Unit C308 Bradenton, FL	2.0	2.0	924	$1,590	$1.72	23d	1	0.04mi
515 30th Ave W Bradenton, FL	2.0	2.0	1001	$1,375	$1.37	16d	2	0.09mi
505 30th Ave W Unit E406 Bradenton, FL	2.0	2.0	1001	$1,450	$1.45	23d	1	0.12mi
390 301 Blvd W Bradenton, FL	2.0	2.0	1125	$1,495	$1.33	23d	1	0.15mi
603 27th Ave W Bradenton, FL	2.0	1.0	1365	$1,250	$0.92	23d	1	0.27mi
302 26th Ave W Bradenton, FL	2.0–3.0	2.0	1043	$1,575	$1.51	2d	23	0.34mi
907 34th Ave W Bradenton, FL	3.0	1.0	985	$1,599	$1.62	19d	1	0.39mi
907 34th Ave W Unit B Bradenton, FL	3.0	1.0	1000	$1,795	$1.79	23d	1	0.39mi
919 34th Ave W Bradenton, FL	3.0	1.0	950	$1,599	$1.68	11d	1	0.41mi
350 34th Avenue Dr E Bradenton, FL	1.0–3.0	1.0–2.0	893	$1,335	$1.49	1d	6	0.44mi
2244 9th St W Bradenton, FL	1.0–2.0	1.0–2.0	768	$1,323	$1.72	23d	4	0.54mi
805 22nd Ave W Bradenton, FL	1.0	1.0	790	$1,200	$1.52	23d	1	0.54mi
313 24th Ave E Bradenton, FL	3.0	2.0	1260	$2,400	$1.90	23d	1	0.55mi
2422 11th St W Bradenton, FL	2.0	1.0	900	$1,445	$1.61	23d	1	0.55mi
616 33rd Ave E Bradenton, FL	2.0	2.0	750	$1,600	$2.13	23d	1	0.57mi
702 21st Ave W Unit C Bradenton, FL	2.0	1.0	1000	$1,350	$1.35	3d	1	0.59mi
2019 5th St W Bradenton, FL	1.0–2.0	1.0–2.0	750	$1,575	$2.10	3d	22	0.60mi
1308 36th Ave W Bradenton, FL	1.0	1.0	715	$1,199	$1.68	23d	1	0.61mi
718 26th Ave E Bradenton, FL	2.0	1.0	750	$1,600	$2.13	23d	1	0.63mi
2409 13th St W Apt 2 Bradenton, FL	2.0	1.0	770	$1,175	$1.53	23d	1	0.63mi
2117 11th St W Bradenton, FL	1.0	1.0	850	$1,295	$1.52	23d	1	0.63mi
712 26th Ave E Bradenton, FL	2.0	1.0	750	$1,600	$2.13	23d	1	0.64mi
505 22nd Ter E Bradenton, FL	3.0	2.0	1039	$1,989	$1.91	3d	1	0.68mi
2127 13th St W Unit B Bradenton, FL	1.0	1.0	700	$1,149	$1.64	23d	1	0.70mi
2017 12th St W Bradenton, FL	1.0	1.0	720	$1,300	$1.81	23d	1	0.71mi
3506 14th St W Bradenton, FL	3.0	1.0–2.0	874	$1,725	$1.97	23d	5	0.73mi
2402 9th St E Bradenton, FL	2.0	1.0	1137	$2,000	$1.76	23d	1	0.75mi
1319 18th Ave W Bradenton, FL	3.0	2.0	1185	$1,795	$1.51	23d	1	0.89mi
1701 13th St W Apt A Bradenton, FL	2.0	1.0	850	$1,395	$1.64	3d	1	0.91mi
1418 18th Avenue Dr W Unit 1418 Bradenton, FL	3.0	2.0	1000	$1,900	$1.90	23d	1	0.93mi
723 44th Ave E Unit 5 Bradenton, FL	2.0	1.5	1350	$1,650	$1.22	16d	1	0.96mi
1505 18th Avenue Dr W Bradenton, FL	3.0	1.0	886	$1,875	$2.12	16d	1	0.97mi
3808 11th St E Bradenton, FL	2.0	1.0	850	$1,600	$1.88	23d	1	0.98mi
2001 25th Ave W Bradenton, FL	3.0	2.0	1370	$3,000	$2.19	19d	1	0.99mi
1501 13th St W Bradenton, FL	1.0	1.0	1050	$1,199	$1.14	23d	1	1.01mi
203 46th Avenue Ter W Bradenton, FL	1.0	1.0	880	$1,099	$1.25	3d	1	1.02mi
2205 20th St W Bradenton, FL	2.0	1.0	810	$1,850	$2.28	11d	1	1.02mi
202 46th Avenue Ter W #409 Bradenton, FL	2.0	2.0	1086	$1,995	$1.84	23d	1	1.04mi

HOA detail condo

• Monthly dues: $597 · $7,164/yr
• Likely covers: watersewerlandscaping
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 17 events

1. 2026-06-18
   days on market $88,412 Active 70 DOM
2. 2026-06-17
   price $88,412 Active 69 DOM
3. 2026-06-17
   days on market $99,412 Active 69 DOM
4. 2026-06-16
   days on market $99,412 Active 68 DOM
5. 2026-06-15
   days on market $99,412 Active 67 DOM
6. 2026-06-13
   days on market $99,412 Active 65 DOM
7. 2026-06-13
   days on market $99,412 Active 64 DOM
8. 2026-06-10
   statusdays on market $99,412 Active 62 DOM
9. 2026-06-08
   statusdays on market $99,412 Pending 61 DOM
10. 2026-06-03
    days on market $99,412 Active 60 DOM
11. 2026-06-02
    pricedays on market $99,412 Active 59 DOM
12. 2026-06-01
    days on market $114,412 Active 58 DOM
13. 2026-05-31
    days on market $114,412 Active 57 DOM
14. 2026-04-04
    listed $114,412 Active
15. 2001-05-22
    soldstatus $56,000
16. 1996-04-12
    soldstatus $34,000
17. 1982-02-01
    soldstatus $50,000

ⓘ 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: $596 · $50/mo
• Projected year-2 tax: $734 · $61/mo
• Expected delta: +$138/yr (+$12/mo · 23.2%)

ⓘ 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 · 30 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: $18,393
• − Mortgage interest: −$4,952
• − Property taxes: −$596
• − Insurance: −$442
• − Repairs & maintenance: −$1,471
• − Management: −$1,471
• − HOA: −$7,164
• − Depreciation: −$2,572
• Taxable loss: −$276
• Est. tax savings @ 24.0%: +$66
• After-tax cash flow: $831/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): 31,946
• Household income: $52,525
• Rent vs Own: 40.3% rent · 59.7% 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+128.8% since first listed

4 events — show timeline

• 2026-04-04 Listed $114,412 Stellar MLS as Distributed by MLS Grid
• 2001-05-22 Sold (Public Records) $56,000 Public Records
• 1996-04-12 Sold (Public Records) $34,000 Public Records
• 1982-02-01 Sold (Public Records) $50,000 Public Records

Property tax history

+2.8%/yr

Latest (2025): $596 · +6.8% YoY. Source: county tax records.