FOR_SALEAverage Deal7 days on market

1024 FERNLEAF RUN

1024 FERNLEAF RUN, BRADENTON, FL 34212, Bradenton, FL 34212
$599,999

Listing Price

Property image 1
1024 FERNLEAF RUN, BRADENTON, FL 34212
Loc: Bradenton, FL
Days Listed
7
Tax Assessed
$463k
Lot Size
7,074 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Gene Witt Elementary School

PK-5
1.4 mi away
8

Carlos E. Haile Middle School

6-8
3.9 mi away
5

Parrish Community High School

9-12
5.4 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Average
Confidence Score: 6/10
Exercise caution due to potential market volatility.
Cap Rate
7.51%
Total ROI
27.2%
Cash Flow
$723/mo
DSCR
1.24
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Data provided by Haven AI. Disclaimer

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Haven AI

1024 Fernleaf Run presents a moderate investment profile. While the property offers a respectable rental yield of 7.5%, the thin monthly cash flow of approximately $723 indicates sensitivity to operational fluctuations, such as sudden maintenance spikes or vacancy periods. Bradenton remains a growing market, but Florida insurance premiums and rising property taxes pose significant threats to long-term profitability. With a 4% appreciation forecast, capital gains potential exists, but investors must maintain a healthy capital reserve. This asset is best suited for a long-term hold strategy where cash flow acts as a secondary benefit to principal paydown and steady equity growth in a high-demand coastal corridor.

Strengths
  • Competitive gross rental yield exceeding 7.5%
  • Modern, spacious 4-bedroom layout suitable for high-quality long-term tenants
  • Solid appreciation potential in the desirable Bradenton/Sarasota metro area
Considerations
  • Tight cash flow margin leaves little room for unexpected capital expenditures
  • Rising Florida homeowner insurance and property tax environments
  • Exposure to regional weather-related risks typical of the Gulf Coast
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-18Listed for sale$599,999$259
2022-06-14Sold$542,404$234

Tax History

YearProperty TaxTax Assessment
2025$6,797.02$463,087
2024$7,506.58$511,950
2023$7,431.2$495,514
2022$885.88$60,000
2021$585.68$37,944
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,314
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $599,999Rent Basis: Modeled Estimate ($4,800/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $300/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.04%

NOI: $36,214/yr

Cash-on-Cash Yield
-0.8%

On $138,000 invested

DSCR Ratio
0.97x

Negative debt coverage

5-Yr Leveraged ROI
+90.0%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$378/mo
Homeowner / Hazard Insurance-$300/mo
Vacancy Reserve (5% of rent)-$240/mo
Repairs & Maintenance (10% of rent)-$480/mo
Property Management (8% of rent)-$384/mo
Total Pure Operating Expenses-$1,782/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,800/mo
Less: Operating Expenses-$1,782/mo
Net Operating Income (NOI)+$3,018/mo
Less: Debt Service (30yr @ 6.75%)-$3,113/mo
Net Cash Flow
$-95/mo
$-1,145/year
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