4308 13th St E · Ellenton, FL 34222

$225,000

2 bd · 1.0 ba · 1,344 sqft · Manufactured public records · 48 Days on market

Built 1985 4,008 sqft lot Est $176k · 28% over $50/mo HOA · 2% 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 +27.1/30.0
• DSCR +9.4/10.0
• 1% rule +6.6/10.0
• Schools +4.4/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Tidevue Estates a land owned 55+ no pet community. You will love relaxing on the 20x13 screened lanai. On the other side of the home is a covered porch and open patio to sun yourself and have a barbecue. Turn-key furnished just bring your suitcase. Rarely found this home has a inside utility room which also has a utility sink, storage cabinets, built in desk area and room for a table and chairs. Crown moulding and dry walled walls through out main living area and second bedroom and bathroom. Newer windows through out entire home. Updated kitchen appliances, freshly painted cabinets with new hardware. Two inch blinds with custom built in design around the windows. Plenty of room for entertaining in this home. When the weather cools down gather in the living room around the fireplace. Living room also has built-in bookshelves. Split bedroom plan. Second bathroom has been tastefully updated. Ceramic tile walk-in shower has glass doors, laminate flooring with tile baseboard, granite counter top and wood vanity. Extra storage shed in back of home. Low HOA of only $456 a year. One year home warranty comes with the home. Meet new friends in this very active community by joining in on a game of shuffleboard, bocce ball or pickle ball. Heated community pool. Community library where you can connect to WI-FI. Fitness Room. Updated billiards room. Convenient location to I-75, Ellenton Premium Outlet Mall, restaurants, medical facility's and beautiful Gulf Beaches. Come Join The Tidevue Life Style Today!

Key facts

• Covered carport
• Open front porch
• Built-in bookshelves

Tags

• DUAL DRIVEWAYS
• OPEN FRONT PORCH
• COVERED CARPORT
• BUILT-IN BOOKSHELVES
• ELECTRIC FIREPLACE
• VAULTED CEILINGS

Property features AI

Finance

• Other: Buyer approval required for association
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (monthly $50 / annual $600); Association requires approval; Association amenities include fitness center, laundry, park, pickleball courts, pool, recreation facilities, and shuffleboard court; Association recreation owned; Deed restrictions; Golf carts allowed in community; Street lights; Senior community; No pets allowed

Exterior

• Parking: Carport with 2 spaces; Golf cart parking
• Utilities: Public water; Public sewer; Electricity connected; Cable connected; Sewer connected; Water connected
• Home design: Manufactured double-wide home; One story; Northeast facing; Crawlspace foundation
• Construction: Vinyl siding and frame construction; Membrane roof; Built as a manufactured home
• Exterior features: Covered front porch; Awnings

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Built-in features; Ceiling fans; Split bedroom layout; Vaulted ceilings; Walk-in closets; Blinds on windows; Electric fireplace; Inside utility room; 10 total rooms
• Laundry & utility: Laundry room inside; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $225k.

Deal economics

• At list price, monthly cash flow is $634 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $225k).
• Recommended offer: $218k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.7% 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; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
• At $2,615/mo this rent would consume 49% of the median local household income ($64k/yr) (locally 313% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 $63k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 48 days — a 3% lower offer ($218k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 8y 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 $120k; list at $225k implies a 88% 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $218,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 48 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.16% ✓
• Cap rate: 9.68%
• Cash-on-cash: 12.08%
• DSCR: 1.54
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $176,064
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4111 E 13th St E	0.10mi	2/2.0	1,300 (-3%)	2mo	$260,000	$200	84
1404 44th Ave E	0.07mi	2/2.0	1,404 (+4%)	4mo	$180,000	$128	83
4507 15th Street Ct E	0.23mi	2/2.0	1,406 (+5%)	6mo	$220,000	$156	72
4314 12th Street Ct E	0.05mi	3/2.0 (+1)	1,190 (-12%)	2mo	$105,000	$88	67
4214 15th St E	0.10mi	2/2.0	1,152 (-14%)	1mo	$220,000	$191	67
4547 12th Street Ct E	0.24mi	2/2.0	1,176 (-12%)	6mo	$61,000	$52	59
4404 13th St E	0.05mi	2/2.0	1,144 (-15%)	13mo	$145,000	$127	58
1216 41st Avenue Dr E	0.11mi	2/2.0	1,170 (-13%)	13mo	$153,000	$131	58
4711 15th Street Ct E	0.33mi	2/2.0	1,232 (-8%)	14mo	$245,000	$199	55
1508 45th Ave E	0.20mi	3/2.0 (+1)	1,188 (-12%)	10mo	$150,000	$126	54

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: 1.6%
• Equity multiple: 1.06×
• Total profit: $3,895
• Equity at exit: $33,548

10-year hold

• IRR: 11.2%
• Equity multiple: 1.88×
• Total profit: $55,253
• Equity at exit: $19,454

Cash invested: $63,000 (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: 7.2×

Monthly cashflow live

• Estimated rent: $2,615 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$108 /mo · $1,295/yr
• Insurance: −$94
• HOA: −$50
• Vacancy / Maint / Mgmt: −$549
• Net cashflow: $634

Break-even live

Break-even rent $1,812

Max offer price $225,000

Occupancy floor 71%

Sensitivity live

Price	-10% $762	-5% $698	+0% $634	+5% $570	+10% $507
Rent	-10% $428	-5% $531	+0% $634	+5% $737	+10% $841
Rate	-1.0pp $747	-0.5pp $691	base $634	+0.5pp $576	+1.0pp $517

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4612 8th Street Ct E Ellenton, FL	2.0	2.0	1210	$3,000	$2.48	24d	1	0.38mi
4711 8th Street Ct E Ellenton, FL	2.0	1.0	1350	$2,100	$1.56	24d	1	0.43mi
4180 Yardly Dr Palmetto, FL	1.0–3.0	1.0–2.0	1021	$2,498	$2.45	4d	15	0.48mi
4403 7th St E #4 Ellenton, FL	2.0	2.0	1079	$2,700	$2.50	24d	1	0.49mi
1651 36th Ave E Ellenton, FL	1.0–3.0	1.0–2.0	804	$1,397	$1.74	4d	13	0.64mi
305 Linden Dr Ellenton, FL	3.0	2.0	1634	$3,500	$2.14	20d	1	0.98mi
1143 Riverscape St Unit A Bradenton, FL	3.0	2.0	1748	$6,500	$3.72	15d	1	1.16mi
5942 Factory Shops Blvd Ellenton, FL	1.0–3.0	1.0–2.0	953	$2,362	$2.48	2d	67	1.19mi
850 Tidewater Shores Loop #402 Bradenton, FL	2.0	2.0	1151	$2,650	$2.30	24d	1	1.26mi
2510 5th Ct E Ellenton, FL	3.0	2.0	1750	$2,345	$1.34	22d	1	1.26mi
2710 59th Dr E Ellenton, FL	1.0–3.0	1.0–2.0	1149	$2,234	$1.94	3d	37	1.37mi
2217 6th St E Palmetto, FL	3.0	2.0	1619	$3,000	$1.85	24d	1	1.45mi

HOA detail

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

Listing history 20 events

1. 2026-06-18
   days on market $225,000 Active 48 DOM
2. 2026-06-17
   days on market $225,000 Active 47 DOM
3. 2026-06-16
   days on market $225,000 Active 46 DOM
4. 2026-06-15
   days on market $225,000 Active 45 DOM
5. 2026-06-13
   days on market $225,000 Active 43 DOM
6. 2026-06-13
   days on market $225,000 Active 42 DOM
7. 2026-06-10
   days on market $225,000 Active 40 DOM
8. 2026-06-09
   days on market $225,000 Active 39 DOM
9. 2026-06-08
   days on market $225,000 Active 38 DOM
10. 2026-06-08
    days on market $225,000 Active 37 DOM
11. 2026-06-03
    days on market $225,000 Active 33 DOM
12. 2026-06-02
    days on market $225,000 Active 32 DOM
13. 2026-06-01
    days on market $225,000 Active 31 DOM
14. 2026-05-31
    days on market $225,000 Active 30 DOM
15. 2026-05-01
    listed $225,000 Active
16. 2018-12-10
    soldstatus $120,000
17. 2018-12-07
    soldstatus $120,000 Sold 1527-char remark

    Show marketing remark (1527 chars)

    Welcome to Tidevue Estates a land owned 55+ no pet community. You will love relaxing on the 20x13 screened lanai. On the other side of the home is a covered porch and open patio to sun yourself and have a barbecue. Turn-key furnished just bring your suitcase. Rarely found this home has a inside utility room which also has a utility sink, storage cabinets, built in desk area and room for a table and chairs. Crown moulding and dry walled walls through out main living area and second bedroom and bathroom. Newer windows through out entire home. Updated kitchen appliances, freshly painted cabinets with new hardware. Two inch blinds with custom built in design around the windows. Plenty of room for entertaining in this home. When the weather cools down gather in the living room around the fireplace. Living room also has built-in bookshelves. Split bedroom plan. Second bathroom has been tastefully updated. Ceramic tile walk-in shower has glass doors, laminate flooring with tile baseboard, granite counter top and wood vanity. Extra storage shed in back of home. Low HOA of only $456 a year. One year home warranty comes with the home. Meet new friends in this very active community by joining in on a game of shuffleboard, bocce ball or pickle ball. Heated community pool. Community library where you can connect to WI-FI. Fitness Room. Updated billiards room. Convenient location to I-75, Ellenton Premium Outlet Mall, restaurants, medical facility's and beautiful Gulf Beaches. Come Join The Tidevue Life Style Today!

18. 2018-11-21
    status Pending 1527-char remark

    Show marketing remark (1527 chars)

    Welcome to Tidevue Estates a land owned 55+ no pet community. You will love relaxing on the 20x13 screened lanai. On the other side of the home is a covered porch and open patio to sun yourself and have a barbecue. Turn-key furnished just bring your suitcase. Rarely found this home has a inside utility room which also has a utility sink, storage cabinets, built in desk area and room for a table and chairs. Crown moulding and dry walled walls through out main living area and second bedroom and bathroom. Newer windows through out entire home. Updated kitchen appliances, freshly painted cabinets with new hardware. Two inch blinds with custom built in design around the windows. Plenty of room for entertaining in this home. When the weather cools down gather in the living room around the fireplace. Living room also has built-in bookshelves. Split bedroom plan. Second bathroom has been tastefully updated. Ceramic tile walk-in shower has glass doors, laminate flooring with tile baseboard, granite counter top and wood vanity. Extra storage shed in back of home. Low HOA of only $456 a year. One year home warranty comes with the home. Meet new friends in this very active community by joining in on a game of shuffleboard, bocce ball or pickle ball. Heated community pool. Community library where you can connect to WI-FI. Fitness Room. Updated billiards room. Convenient location to I-75, Ellenton Premium Outlet Mall, restaurants, medical facility's and beautiful Gulf Beaches. Come Join The Tidevue Life Style Today!

19. 2018-11-01
    listed $132,900 Active 1527-char remark

    Show marketing remark (1527 chars)

    Welcome to Tidevue Estates a land owned 55+ no pet community. You will love relaxing on the 20x13 screened lanai. On the other side of the home is a covered porch and open patio to sun yourself and have a barbecue. Turn-key furnished just bring your suitcase. Rarely found this home has a inside utility room which also has a utility sink, storage cabinets, built in desk area and room for a table and chairs. Crown moulding and dry walled walls through out main living area and second bedroom and bathroom. Newer windows through out entire home. Updated kitchen appliances, freshly painted cabinets with new hardware. Two inch blinds with custom built in design around the windows. Plenty of room for entertaining in this home. When the weather cools down gather in the living room around the fireplace. Living room also has built-in bookshelves. Split bedroom plan. Second bathroom has been tastefully updated. Ceramic tile walk-in shower has glass doors, laminate flooring with tile baseboard, granite counter top and wood vanity. Extra storage shed in back of home. Low HOA of only $456 a year. One year home warranty comes with the home. Meet new friends in this very active community by joining in on a game of shuffleboard, bocce ball or pickle ball. Heated community pool. Community library where you can connect to WI-FI. Fitness Room. Updated billiards room. Convenient location to I-75, Ellenton Premium Outlet Mall, restaurants, medical facility's and beautiful Gulf Beaches. Come Join The Tidevue Life Style Today!

20. 2004-04-12
    soldstatus $91,000

ⓘ 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: $1,295 · $108/mo
• Projected year-2 tax: $1,868 · $156/mo
• Expected delta: +$572/yr (+$48/mo · 44.2%)

ⓘ 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 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 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: $31,379
• − Mortgage interest: −$12,603
• − Property taxes: −$1,295
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,510
• − Management: −$2,510
• − HOA: −$600
• − Depreciation: −$6,545
• Taxable income: $4,189
• Est. tax owed @ 24.0%: −$1,005
• After-tax cash flow: $6,605/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

+147.3% since first listed

6 events — show timeline

• 2026-05-01 Listed $225,000 Stellar MLS as Distributed by MLS Grid
• 2018-12-10 Sold (Public Records) $120,000 Public Records
• 2018-12-07 Sold (MLS) $120,000 Stellar MLS as Distributed by MLS Grid
• 2018-11-21 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-11-01 Listed $132,900 Stellar MLS as Distributed by MLS Grid
• 2004-04-12 Sold (Public Records) $91,000 Public Records

Property tax history

+1.4%/yr

Latest (2025): $1,295 · +6.9% YoY. Source: county tax records.