6710 36th Ave E #346 · Ellenton, FL 34221

$168,000

2 bd · 2.0 ba · 1,248 sqft · Manufactured public records · 26 Days on market

Built 1988 4,792 sqft lot Est $150k · 12% over $216/mo HOA · 10% of rent ↓ 32% since listing

---

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 +26.6/30.0
• DSCR +9.1/10.0
• 1% rule +7.9/10.0
• Schools +4.4/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• ARV discount +2.0/15.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Non age restricted park with community recreation facilities! Take a look at this great first time or empty nest unit waiting for you. Open and bright with vaulted ceilings, dining area, indoor utility and a breakfast bar in the kitchen. Screened lanai with vinyl sliders and a waterfront view. Over sized workshop. Well maintained, new flooring and ready for immediate occupancy. Easy fees that include water / sewer / trash / basic cable / community pool / shuffleboard and rec hall. This is affordable living.

Key facts

• 4,792 sq ft lot
• 2 parking spots
• Community pool

Property features AI

Finance

• Other: Property type: Residential manufactured home; Lot approximately 0.11 acres (paved road); Zoning: RSMH4.5; Unfurnished; Living area reported as 1,248 sq ft; total building area reported as 2,148 sq ft
• HOA & community: HOA managed by Newby Management; HOA approval required for buyers; HOA dues required (monthly $216 / quarterly fee $648); Community pool

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Broadband/high-speed internet available; Cable available; Public utilities
• Home design: Manufactured home (double wide); One level; Faces west
• Construction: Vinyl siding with frame construction; Shingle roof; Other foundation
• Exterior features: Sliding doors; Storage; Deck; In-ground heated gunite pool; Pool deck

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Laminate flooring; Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Ceiling fans; Open floor plan; Solid surface counters; Walk-in closet(s)
• Laundry & utility: Laundry room; Outdoor laundry access

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $168k.

Deal economics

• At list price, monthly cash flow is $452 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $168k).
• Recommended offer: $165k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.5% vs local median 4.5% in Ellenton — 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 76/100 on livability (#232 in FL, #3,666 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, 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: James Tillman Elementary Magnet School (math 65% / reading 34%, grade D, #1,088 of 2,144 statewide, top 53%, 520 students, 74% FRL); Palmetto High School (math 22% / reading 36%, grade F, #456 of 667 statewide, top 68%, 2,100 students, 61% FRL) — zoned schools average 68% FRL vs 51% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 39% at this address vs 52% district-wide (-13 pts) — the specific schools serving this property underperform the Manatee average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-3.0%/yr); 1160 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 33% of the median local income ($78k/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 $1k of loan paydown is wiped out by about $5k 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 26 days — a 2% lower offer ($165k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $58k; list at $168k implies a 187% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: 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 $165,480 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 1.29% ✓
• Cap rate: 9.52%
• Cash-on-cash: 11.53%
• DSCR: 1.51
• GRM: 6.5

CMA / ARV

• ARV (on-the-fly): $149,760
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6710 36th Ave E #241	0.00mi	2/2.0	1,280 (+3%)	3mo	$120,000	$94	94
6710 36th Ave E #269	0.00mi	2/2.0	1,292 (+4%)	8mo	$75,000	$58	88
6710 36th Ave E #222	0.00mi	2/2.0	1,211 (-3%)	10mo	$148,000	$122	87
6710 36th Ave E #359	0.00mi	2/2.0	1,327 (+6%)	6mo	$150,000	$113	84
6710 36th Ave E #37	0.00mi	2/2.0	1,152 (-8%)	7mo	$125,000	$109	81
6710 36th Ave E #312	0.00mi	2/2.0	1,320 (+6%)	11mo	$130,000	$98	81
6710 36th Ave E #104	0.00mi	2/2.0	1,108 (-11%)	1mo	$144,500	$130	81
6710 36th Ave E #323	0.00mi	2/2.0	1,152 (-8%)	10mo	$165,000	$143	78
6710 36th Ave E #176	0.00mi	2/2.0	1,344 (+8%)	11mo	$190,000	$141	78
6710 36th Ave E #8	0.00mi	2/2.0	1,400 (+12%)	2mo	$190,000	$136	78
6710 36th Ave E #319	0.00mi	2/2.0	1,348 (+8%)	11mo	$156,000	$116	77
6710 36th Ave E #287	0.00mi	2/2.0	1,421 (+14%)	6mo	$170,000	$120	72

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: -2.7%
• Equity multiple: 0.90×
• Total profit: $-4,680
• Equity at exit: $25,049

10-year hold

• IRR: 3.1%
• Equity multiple: 1.19×
• Total profit: $8,891
• Equity at exit: $14,526

Cash invested: $47,040 (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 34221

• Rents YoY: -3.0%
• Active inventory: 1160
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $2,160 high
• Mortgage (P&I): −$881
• Tax from tax record: −$87 /mo · $1,049/yr
• Insurance: −$70
• HOA: −$216
• Vacancy / Maint / Mgmt: −$454
• Net cashflow: $452

Break-even live

Break-even rent $1,588

Max offer price $168,000

Occupancy floor 74%

Sensitivity live

Price	-10% $547	-5% $499	+0% $452	+5% $404	+10% $357
Rent	-10% $281	-5% $367	+0% $452	+5% $537	+10% $623
Rate	-1.0pp $537	-0.5pp $495	base $452	+0.5pp $408	+1.0pp $364

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: $42,000
• Closing costs: $5,040
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6010 33rd Dr E Palmetto, FL	3.0	2.0	1287	$2,115	$1.64	4d	1	0.41mi
3303 54th St E Palmetto, FL	3.0	2.0	1285	$2,000	$1.56	4d	1	0.78mi
6045 Bird Key Pl Palmetto, FL	1.0–3.0	1.0–2.0	986	$2,005	$2.03	4d	220	0.88mi
9940 Mahaffey DR Palmetto, FL	1.0–3.0	1.0–3.0	1106	$1,700	$1.54	24d	1	0.88mi
5029 Rocky Coast Pl Palmetto, FL	3.0	2.0	1482	$2,400	$1.62	11d	1	1.06mi
4117 84th Ct E Palmetto, FL	3.0	2.0	1448	$2,466	$1.70	22d	1	1.19mi
5413 Badini Way Palmetto, FL	3.0	2.0	1420	$2,550	$1.80	4d	1	1.33mi

HOA detail

• Monthly dues: $216 · $2,592/yr
• Likely covers: watersewertrashcablepool

Listing history 11 events

1. 2026-05-03
   status Pending
2. 2026-04-07
   listed $168,000 Active
3. 2014-04-04
   soldstatus $58,500 Sold 512-char remark

   Show marketing remark (512 chars)

   Non age restricted park with community recreation facilities! Take a look at this great first time or empty nest unit waiting for you. Open and bright with vaulted ceilings, dining area, indoor utility and a breakfast bar in the kitchen. Screened lanai with vinyl sliders and a waterfront view. Over sized workshop. Well maintained, new flooring and ready for immediate occupancy. Easy fees that include water / sewer / trash / basic cable / community pool / shuffleboard and rec hall. This is affordable living.

4. 2014-04-04
   soldstatus $58,500

   Show marketing remark (512 chars)

   Non age restricted park with community recreation facilities! Take a look at this great first time or empty nest unit waiting for you. Open and bright with vaulted ceilings, dining area, indoor utility and a breakfast bar in the kitchen. Screened lanai with vinyl sliders and a waterfront view. Over sized workshop. Well maintained, new flooring and ready for immediate occupancy. Easy fees that include water / sewer / trash / basic cable / community pool / shuffleboard and rec hall. This is affordable living.

5. 2013-09-21
   listed $64,900 512-char remark

   Show marketing remark (512 chars)

   Non age restricted park with community recreation facilities! Take a look at this great first time or empty nest unit waiting for you. Open and bright with vaulted ceilings, dining area, indoor utility and a breakfast bar in the kitchen. Screened lanai with vinyl sliders and a waterfront view. Over sized workshop. Well maintained, new flooring and ready for immediate occupancy. Easy fees that include water / sewer / trash / basic cable / community pool / shuffleboard and rec hall. This is affordable living.

6. 2005-11-10
   soldstatus $95,000
7. 2005-11-03
   soldstatus $95,000 362-char remark

   Show marketing remark (362 chars)

   Just remodeled , New water heater, New carpet, New paint, New fans and lights, new faucets, and more. Associaton fees pay for water, sewer at $135 quarter, and $180 quater pays for basic cable, pool and ammenities, and reserves. This home has a screened lanai withvinyl panels, and a very large storage/workshop. Home warranty provided for a no worries purchase.

8. 2005-06-29
   listed $103,000 362-char remark

   Show marketing remark (362 chars)

   Just remodeled , New water heater, New carpet, New paint, New fans and lights, new faucets, and more. Associaton fees pay for water, sewer at $135 quarter, and $180 quater pays for basic cable, pool and ammenities, and reserves. This home has a screened lanai withvinyl panels, and a very large storage/workshop. Home warranty provided for a no worries purchase.

9. 2000-06-20
   soldstatus $63,500
10. 1988-09-21
    soldstatus $13,900
11. 1987-04-08
    soldstatus $248,200

ⓘ 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: $1,049 · $87/mo
• Projected year-2 tax: $1,394 · $116/mo
• Expected delta: +$345/yr (+$29/mo · 32.9%)

ⓘ 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 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 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: $25,920
• − Mortgage interest: −$9,411
• − Property taxes: −$1,049
• − Insurance: −$840
• − Repairs & maintenance: −$2,074
• − Management: −$2,074
• − HOA: −$2,592
• − Depreciation: −$4,887
• Taxable income: $2,993
• Est. tax owed @ 24.0%: −$718
• After-tax cash flow: $4,705/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 — Ellenton

• Score: 76/100
• State rank: #232
• US rank: #3666

Category grades

Amenities F Commute F Cost of living A+ Crime B Employment C+ 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: 14,819
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 56,208
• Household income: $77,712
• Rent vs Own: 17.1% rent · 82.9% own
• Severe rent burden: 1193.0

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 0.58)
• Race & ethnicity: White 59% Hispanic / Latino 22% Black 14% Two or more races 11%
• Hispanic origin (detail): Mexican 14% Puerto Rican 3%
• Common ancestry: Romanian 2% Lithuanian 2% Italian 2%
• Foreign-born: 10% · Canada, Dominican Republic, Jamaica
• Languages at home: 81% English-only · Spanish 16% 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: ▼ -383.53%
• Current HPI: 302.1458
• Rent YoY: ▼ -2.98%
• 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

-32.3% since first listed

11 events — show timeline

• 2026-05-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-07 Listed $168,000 Stellar MLS as Distributed by MLS Grid
• 2014-04-04 Sold (Public Records) $58,500 Public Records
• 2014-04-04 Sold (MLS) $58,500 Stellar MLS as Distributed by MLS Grid
• 2013-09-21 Listed $64,900 Stellar MLS as Distributed by MLS Grid
• 2005-11-10 Sold (Public Records) $95,000 Public Records
• 2005-11-03 Sold (MLS) $95,000 Stellar MLS as Distributed by MLS Grid
• 2005-06-29 Listed $103,000 Stellar MLS as Distributed by MLS Grid
• 2000-06-20 Sold (Public Records) $63,500 Public Records
• 1988-09-21 Sold (Public Records) $13,900 Public Records
• 1987-04-08 Sold (Public Records) $248,200 Public Records

Property tax history

+1.3%/yr

Latest (2025): $1,049 · +1.8% YoY. Source: county tax records.