4221 11th St E · Ellenton, FL 34222

$120,000

2 bd · 1.5 ba · 576 sqft · Manufactured public records · 149 Days on market

Built 1968 3,006 sqft lot $50/mo HOA · 3% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Imagine an cozy land-owned mobile home nestled in the idyllic 55+ community of Tidevue Estates, offering a perfect blend of tranquility and recreation. The community itself is a haven for active residents, with an array of amenities like a swimming pool, fitness center, pickle ball and social clubs. Your dream oasis awaits, combining the serenity of coastal living with the vibrancy of a thriving community. Desirable layout with open kitchen, living & dining area. Updated kitchen. Laminate flooring. The master bath has tub/shower & modern vanity. Enjoy the Florida Room which features ceramic tile floors, lots of windows & laundry area. Double length carport with workshop/shed; ideal for spending shady days outside. Located near I75 for easy travel. Just a few minutes drive from Ellenton Outlet Mall, shopping galore, restaurants and the Manatee River. Freshly painted exterior including driveway; new carpeting in bedrooms; professionally cleaned.

Key facts

• Florida room
• Open layout
• Updated kitchen

Tags

• LAND OWNED MOBILE HOME
• OPEN LAYOUT
• UPDATED KITCHEN
• FLORIDA ROOM
• DOUBLE LENGTH CARPORT
• ATTACHED WORKSHOP SHED

Property features AI

Finance

• Financial info: Lease restrictions apply
• HOA & community: Tidevue Estates community with required association approval; Monthly HOA $50 (annual fee $600); Association amenities: clubhouse, fitness center, laundry, maintenance, park, pool, recreational facilities, shuffleboard, pickleball courts; Deed restrictions; Buyer approval required; Senior community; No pets allowed

Exterior

• Parking: Covered parking; Guest parking; 2-space carport
• Utilities: Public water; Public sewer; Electricity connected; Cable connected; Water connected; Sewer connected
• Home design: Residential mobile home (single wide); One story; North-facing entry
• Construction: Metal siding; Metal roof; Roof over; Crawlspace foundation; Built on single-wide mobile home body type
• Exterior features: Covered patio; Patio; Rain gutters; Cleared lot; Asphalt road access; Storage building; Workshop

Interior

• Kitchen: Range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Open floorplan; Walk-in closets; Window treatments; 6 total rooms
• Laundry & utility: Washer; Dryer; Inside laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath manufactured listed at $120k.

Deal economics

• At list price, monthly cash flow is $650 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.8% 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: schools D+, 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.
• Market conditions: 182 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• This rent runs 36% of the median local income ($64k/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 $830 of loan paydown is wiped out by about $4k 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 + 3.0% rent growth), your $34k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 149 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 10 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.

Risks & watch-outs

• Climate carrying-cost: major flood risk; 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 $105,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 149 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 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?
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: 1.60% ✓
• Cap rate: 12.80%
• Cash-on-cash: 23.23%
• DSCR: 2.03
• GRM: 5.2

CMA / ARV

• ARV (on-the-fly): $59,904
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4114 10th Street Ct E	0.09mi	2/1.0	600 (+4%)	2mo	$72,500	$121	85
4112 12th St E	0.12mi	1/1.0 (-1)	552 (-4%)	5mo	$45,000	$82	76
4103 12th Street Ct E	0.16mi	2/1.0	630 (+9%)	3mo	$65,710	$104	73

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 16.3%
• Equity multiple: 1.66×
• Total profit: $22,025
• Equity at exit: $17,892

10-year hold

• IRR: 24.9%
• Equity multiple: 3.16×
• Total profit: $72,716
• Equity at exit: $10,375

Cash invested: $33,600 (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 34222

• Home prices YoY: -26.9%
• Active inventory: 182
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,916 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$134 /mo · $1,608/yr
• Insurance: −$50
• HOA: −$50
• Vacancy / Maint / Mgmt: −$402
• Net cashflow: $650

Break-even live

Break-even rent $1,093

Max offer price $120,000

Occupancy floor 61%

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1651 36th Ave E Ellenton, FL	1.0–3.0	1.0–2.0	804	$1,397	$1.74	3d	13	0.65mi
5942 Factory Shops Blvd Ellenton, FL	1.0–3.0	1.0–2.0	953	$2,362	$2.48	1d	67	1.32mi

HOA detail

• Monthly dues: $50 · $600/yr
• Likely covers: poolgym

Listing history 45 events

1. 2026-06-18
   days on market $120,000 Active 149 DOM
2. 2026-06-17
   days on market $120,000 Active 148 DOM
3. 2026-06-16
   days on market $120,000 Active 147 DOM
4. 2026-06-15
   days on market $120,000 Active 146 DOM
5. 2026-06-13
   days on market $120,000 Active 144 DOM
6. 2026-06-13
   days on market $120,000 Active 143 DOM
7. 2026-06-10
   days on market $120,000 Active 141 DOM
8. 2026-06-09
   days on market $120,000 Active 140 DOM
9. 2026-06-08
   days on market $120,000 Active 139 DOM
10. 2026-06-08
    days on market $120,000 Active 138 DOM
11. 2026-06-03
    days on market $120,000 Active 134 DOM
12. 2026-06-02
    days on market $120,000 Active 133 DOM
13. 2026-06-01
    days on market $120,000 Active 132 DOM
14. 2026-05-31
    days on market $120,000 Active 131 DOM
15. 2026-01-20
    listed $120,000 Active
16. 2024-07-24
    soldstatus $115,000
17. 2024-07-22
    soldstatus $115,000 Closed 975-char remark

    Show marketing remark (975 chars)

    Imagine an cozy land-owned mobile home nestled in the idyllic 55+ community of Tidevue Estates, offering a perfect blend of tranquility and recreation. The community itself is a haven for active residents, with an array of amenities like a swimming pool, fitness center, pickle ball and social clubs. Your dream oasis awaits, combining the serenity of coastal living with the vibrancy of a thriving community. Desirable layout with open kitchen, living & dining area. Updated kitchen. Laminate flooring. The master bath has tub/shower & modern vanity. Enjoy the Florida Room which features ceramic tile floors, lots of windows & laundry area. Double length carport with workshop/shed; ideal for spending shady days outside. Located near I75 for easy travel. Just a few minutes drive from Ellenton Outlet Mall, shopping galore, restaurants and the Manatee River. Freshly painted exterior including driveway; new carpeting in bedrooms; professionally cleaned.

18. 2024-07-11
    historical $1,500
19. 2024-07-10
    status Pending 975-char remark

    Show marketing remark (975 chars)

    Imagine an cozy land-owned mobile home nestled in the idyllic 55+ community of Tidevue Estates, offering a perfect blend of tranquility and recreation. The community itself is a haven for active residents, with an array of amenities like a swimming pool, fitness center, pickle ball and social clubs. Your dream oasis awaits, combining the serenity of coastal living with the vibrancy of a thriving community. Desirable layout with open kitchen, living & dining area. Updated kitchen. Laminate flooring. The master bath has tub/shower & modern vanity. Enjoy the Florida Room which features ceramic tile floors, lots of windows & laundry area. Double length carport with workshop/shed; ideal for spending shady days outside. Located near I75 for easy travel. Just a few minutes drive from Ellenton Outlet Mall, shopping galore, restaurants and the Manatee River. Freshly painted exterior including driveway; new carpeting in bedrooms; professionally cleaned.

20. 2024-07-03
    listed $119,900 Active 975-char remark

    Show marketing remark (975 chars)

    Imagine an cozy land-owned mobile home nestled in the idyllic 55+ community of Tidevue Estates, offering a perfect blend of tranquility and recreation. The community itself is a haven for active residents, with an array of amenities like a swimming pool, fitness center, pickle ball and social clubs. Your dream oasis awaits, combining the serenity of coastal living with the vibrancy of a thriving community. Desirable layout with open kitchen, living & dining area. Updated kitchen. Laminate flooring. The master bath has tub/shower & modern vanity. Enjoy the Florida Room which features ceramic tile floors, lots of windows & laundry area. Double length carport with workshop/shed; ideal for spending shady days outside. Located near I75 for easy travel. Just a few minutes drive from Ellenton Outlet Mall, shopping galore, restaurants and the Manatee River. Freshly painted exterior including driveway; new carpeting in bedrooms; professionally cleaned.

21. 2024-06-21
    listed $1,500
22. 2023-11-18
    historical $1,500
23. 2023-11-11
    listed $1,500
24. 2023-11-06
    historical
25. 2023-10-23
    price $125,000
26. 2023-10-09
    status Active
27. 2023-10-09
    price $129,900
28. 2023-09-29
    historical
29. 2023-09-25
    listed $139,900 Active
30. 2020-06-23
    soldstatus $52,000
31. 2020-06-22
    soldstatus $52,000 Sold
32. 2020-05-26
    status Pending
33. 2020-04-24
    listed $67,900 Active
34. 2019-05-24
    soldstatus $65,000
35. 2015-10-16
    soldstatus $59,000
36. 2015-10-13
    soldstatus $59,000 Sold
37. 2015-08-20
    status Pending
38. 2015-08-20
    status Active
39. 2015-08-03
    historical
40. 2015-07-24
    price $59,500
41. 2015-05-27
    listed $64,900 Active
42. 2010-05-20
    soldstatus $57,000
43. 2006-01-23
    soldstatus $50,000
44. 2006-01-20
    soldstatus $50,000
45. 2005-11-25
    listed $55,000

ⓘ 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: $1,608 · $134/mo
• Projected year-2 tax: $1,608 · $134/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 6/10 Major FEMA zone X (unshaded) · 71% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 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: $22,992
• − Mortgage interest: −$6,722
• − Property taxes: −$1,608
• − Insurance: −$600
• − Repairs & maintenance: −$1,839
• − Management: −$1,839
• − HOA: −$600
• − Depreciation: −$3,491
• Taxable income: $6,292
• Est. tax owed @ 24.0%: −$1,510
• After-tax cash flow: $6,294/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

• Census place: Ellenton, FL
• County: Manatee County · 416,364 people
• City population: 14,819
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 14,819
• Household income: $64,355
• Rent vs Own: 21.9% rent · 78.1% own
• Severe rent burden: 313.0

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 (70%)
• Race & ethnicity: White 70% Hispanic / Latino 17% Two or more races 13% Black 7% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 2%
• Common ancestry: Romanian 3% Slovak 2% Lithuanian 2%
• Foreign-born: 8% · Canada, Jamaica, Vietnam
• Languages at home: 88% English-only · Spanish 10% Other Indo-European 1% Vietnamese 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: ▼ -107.75%
• Current HPI: 293.2597
• Rent YoY: —
• 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

+118.2% since first listed

31 events — show timeline

• 2026-01-20 Listed $120,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-24 Sold (Public Records) $115,000 Public Records
• 2024-07-22 Sold (MLS) $115,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-11 Rental Removed $1,500 STELLARMLS
• 2024-07-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-07-03 Listed $119,900 Stellar MLS as Distributed by MLS Grid
• 2024-06-21 Listed for Rent $1,500 STELLARMLS
• 2023-11-18 Rental Removed $1,500 STELLARMLS
• 2023-11-11 Listed for Rent $1,500 STELLARMLS
• 2023-11-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-10-23 Price Changed $125,000 Stellar MLS as Distributed by MLS Grid
• 2023-10-09 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-10-09 Price Changed $129,900 Stellar MLS as Distributed by MLS Grid
• 2023-09-29 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-09-25 Listed $139,900 Stellar MLS as Distributed by MLS Grid
• 2020-06-23 Sold (Public Records) $52,000 Public Records
• 2020-06-22 Sold (MLS) $52,000 Stellar MLS as Distributed by MLS Grid
• 2020-05-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-04-24 Listed $67,900 Stellar MLS as Distributed by MLS Grid
• 2019-05-24 Sold (Public Records) $65,000 Public Records
• 2015-10-16 Sold (Public Records) $59,000 Public Records
• 2015-10-13 Sold (MLS) $59,000 Stellar MLS as Distributed by MLS Grid
• 2015-08-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-08-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2015-08-03 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-07-24 Price Changed $59,500 Stellar MLS as Distributed by MLS Grid
• 2015-05-27 Listed $64,900 Stellar MLS as Distributed by MLS Grid
• 2010-05-20 Sold (Public Records) $57,000 Public Records
• 2006-01-23 Sold (Public Records) $50,000 Public Records
• 2006-01-20 Sold (MLS) $50,000 Stellar MLS as Distributed by MLS Grid
• 2005-11-25 Listed $55,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+8.1%/yr

Latest (2025): $1,608 · +23.1% YoY. Source: county tax records.