6710 36th Ave E #104 · Ellenton, FL 34221

$155,000

2 bd · 2.0 ba · 1,108 sqft · Manufactured public records · 257 Days on market

Built 1980 4,182 sqft lot Est $148k · at est. $216/mo HOA · 10% 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 +29.7/30.0
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• ARV discount +5.5/15.0
• Schools +4.4/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

2 Bed, 2 bath manufactured home located in Palmetto, FL. This is a nice size home but repairs and updates will be needed. Overall great potential!

Key facts

• Quartz countertops
• Modern cabinetry
• Split floor plan

Tags

• FULLY REMODELED KITCHEN
• MODERN CABINETRY
• QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• NATURAL LIGHT
• SPLIT FLOOR PLAN

Property features AI

Finance

• Other: Buyer approval required; Deed restrictions; Street lights; Pets allowed (cats and dogs; number limit applies)
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (Newby Management/Carmen); Association amenities include clubhouse, pool, shuffleboard; Association fee covers cable TV, common area taxes, pool, internet, sewer, water; Association approval required; Quarterly condo/association fee (about $217 per month equivalent)

Exterior

• Parking: Covered parking; 2-space carport
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; High-speed internet / broadband available
• Home design: Manufactured double-wide home; Single-story; Facing east; One entry level
• Construction: Vinyl siding and frame construction; Membrane roof; Crawlspace foundation; Built area about 1,872 sq ft (public records)
• Exterior features: Deck; Patio; Screened porch; Private mailbox; Paved road

Interior

• Kitchen: Range; Refrigerator; Stone counters
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Built-in features; Ceiling fans; Stone counters; Thermostat; Walk-in closets; Window treatments
• Laundry & utility: Washer; Dryer; Electric water heater; Laundry: Other

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $155k.

Deal economics

• At list price, monthly cash flow is $564 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $136k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.7% 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: Rents soft (-3.0%/yr); 1160 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 3d 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 257 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 10y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; list at $155k implies a 210% 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 $136,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 257 days. Have you received any prior offers? Is the seller open to a 12% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.39% ✓
• Cap rate: 10.66%
• Cash-on-cash: 15.60%
• DSCR: 1.69
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $148,472
• 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 #104	0.00mi	2/2.0	1,108 (0%)	1mo	$144,500	$130	99
6710 36th Ave E #106	0.00mi	2/2.0	1,056 (-5%)	0mo	$141,250	$134	92
6710 36th Ave E #37	0.00mi	2/2.0	1,152 (+4%)	7mo	$125,000	$109	88
6710 36 Ave #277	0.00mi	2/2.0	1,056 (-5%)	6mo	$117,000	$111	87
6710 36th Ave E #392	0.00mi	2/2.0	1,056 (-5%)	8mo	$190,000	$180	86
6710 36th Ave E #59	0.00mi	2/2.0	1,056 (-5%)	8mo	$144,000	$136	86
6710 36th Ave E #323	0.00mi	2/2.0	1,152 (+4%)	10mo	$165,000	$143	85
6710 36th Ave E #350	0.00mi	2/2.0	1,000 (-10%)	5mo	$160,000	$160	79
6710 36th Ave E #222	0.00mi	2/2.0	1,211 (+9%)	10mo	$148,000	$122	76
6710 36th Ave E #352	0.00mi	3/2.0 (+1)	1,215 (+10%)	12mo	$170,000	$140	69
6710 36th Ave E #149	0.00mi	3/2.0 (+1)	1,248 (+13%)	12mo	$140,000	$112	64
6710 36th Ave E #175	0.00mi	3/2.5 (+1)	1,224 (+10%)	16mo	$146,000	$119	62

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: 2.9%
• Equity multiple: 1.11×
• Total profit: $4,592
• Equity at exit: $23,111

10-year hold

• IRR: 9.2%
• Equity multiple: 1.60×
• Total profit: $26,228
• Equity at exit: $13,402

Cash invested: $43,400 (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: 6.0×

Monthly cashflow live

• Estimated rent: $2,148 high
• Mortgage (P&I): −$813
• Tax from tax record: −$39 /mo · $468/yr
• Insurance: −$65
• HOA: −$216
• Vacancy / Maint / Mgmt: −$451
• Net cashflow: $564

Break-even live

Break-even rent $1,433

Max offer price $155,000

Occupancy floor 69%

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: $38,750
• Closing costs: $4,650
• 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	3d	1	0.41mi
3303 54th St E Palmetto, FL	3.0	2.0	1285	$2,000	$1.56	3d	1	0.78mi
6045 Bird Key Pl Palmetto, FL	1.0–3.0	1.0–2.0	986	$2,005	$2.03	3d	220	0.88mi
9940 Mahaffey DR Palmetto, FL	1.0–3.0	1.0–3.0	1106	$1,700	$1.54	23d	1	0.88mi
5029 Rocky Coast Pl Palmetto, FL	3.0	2.0	1482	$2,400	$1.62	10d	1	1.06mi
4117 84th Ct E Palmetto, FL	3.0	2.0	1448	$2,466	$1.70	21d	1	1.19mi
5413 Badini Way Palmetto, FL	3.0	2.0	1420	$2,550	$1.80	3d	1	1.33mi

HOA detail

• Monthly dues: $216 · $2,592/yr

Listing history 26 events

1. 2026-04-29
   status Pending
2. 2026-04-08
   price $155,000
3. 2026-01-19
   price $159,000
4. 2025-12-06
   price $165,000
5. 2025-11-04
   price $174,900
6. 2025-10-23
   status Active
7. 2025-09-16
   status Pending
8. 2025-08-08
   price $169,900
9. 2025-07-09
   listed $174,900 Active
10. 2018-03-19
    historical 146-char remark

    Show marketing remark (146 chars)

    2 Bed, 2 bath manufactured home located in Palmetto, FL. This is a nice size home but repairs and updates will be needed. Overall great potential!

11. 2018-03-19
    soldstatus $50,000

    Show marketing remark (146 chars)

    2 Bed, 2 bath manufactured home located in Palmetto, FL. This is a nice size home but repairs and updates will be needed. Overall great potential!

12. 2018-03-16
    soldstatus $50,000 Sold 146-char remark

    Show marketing remark (146 chars)

    2 Bed, 2 bath manufactured home located in Palmetto, FL. This is a nice size home but repairs and updates will be needed. Overall great potential!

13. 2018-01-12
    status Pending 146-char remark

    Show marketing remark (146 chars)

    2 Bed, 2 bath manufactured home located in Palmetto, FL. This is a nice size home but repairs and updates will be needed. Overall great potential!

14. 2017-12-13
    listed $49,900 Active 146-char remark

    Show marketing remark (146 chars)

    2 Bed, 2 bath manufactured home located in Palmetto, FL. This is a nice size home but repairs and updates will be needed. Overall great potential!

15. 2017-11-26
    soldstatus $33,000 Sold 736-char remark

    Show marketing remark (736 chars)

    This property is lender-owned and is being sold "as-is". Seller is making no representations or warranties. Best deal currently available in Shadow Brook Community! Own your own land with this 2 bedroom and 2 bathroom manufactured home in one of the best communities in the area. This home has a large living room area that can be easily be turned into a 3rd large bedroom or a spacious den/office. Enjoy a morning cup of coffee from your own Florida room that leads to your front porch. This double wide needs a little TLC but the price is already reflecting that. Shadow Brook is a pet friendly community that offers a spacious pool, shuffleboard area and a lovely club house! Quick access to I-75, I-275, & US RT 301.

16. 2017-08-25
    status Pending 736-char remark

    Show marketing remark (736 chars)

    This property is lender-owned and is being sold "as-is". Seller is making no representations or warranties. Best deal currently available in Shadow Brook Community! Own your own land with this 2 bedroom and 2 bathroom manufactured home in one of the best communities in the area. This home has a large living room area that can be easily be turned into a 3rd large bedroom or a spacious den/office. Enjoy a morning cup of coffee from your own Florida room that leads to your front porch. This double wide needs a little TLC but the price is already reflecting that. Shadow Brook is a pet friendly community that offers a spacious pool, shuffleboard area and a lovely club house! Quick access to I-75, I-275, & US RT 301.

17. 2017-07-31
    listed $52,759 Active 736-char remark

    Show marketing remark (736 chars)

    This property is lender-owned and is being sold "as-is". Seller is making no representations or warranties. Best deal currently available in Shadow Brook Community! Own your own land with this 2 bedroom and 2 bathroom manufactured home in one of the best communities in the area. This home has a large living room area that can be easily be turned into a 3rd large bedroom or a spacious den/office. Enjoy a morning cup of coffee from your own Florida room that leads to your front porch. This double wide needs a little TLC but the price is already reflecting that. Shadow Brook is a pet friendly community that offers a spacious pool, shuffleboard area and a lovely club house! Quick access to I-75, I-275, & US RT 301.

18. 2017-07-20
    status Active
19. 2017-02-13
    historical
20. 2017-01-31
    status Pending
21. 2016-12-05
    price $52,759
22. 2016-11-11
    price $56,730
23. 2016-11-08
    price $61,000
24. 2016-09-20
    listed $64,900 Active
25. 2005-05-19
    soldstatus $75,000
26. 1987-08-25
    soldstatus $47,590

ⓘ 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: $468 · $39/mo
• Projected year-2 tax: $1,286 · $107/mo
• Expected delta: +$819/yr (+$68/mo · 175.2%)

ⓘ 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 · 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: $25,770
• − Mortgage interest: −$8,682
• − Property taxes: −$468
• − Insurance: −$775
• − Repairs & maintenance: −$2,062
• − Management: −$2,062
• − HOA: −$2,592
• − Depreciation: −$4,509
• Taxable income: $4,621
• Est. tax owed @ 24.0%: −$1,109
• After-tax cash flow: $5,661/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

+225.7% since first listed

26 events — show timeline

• 2026-04-29 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-08 Price Changed $155,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-19 Price Changed $159,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-06 Price Changed $165,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-04 Price Changed $174,900 Stellar MLS as Distributed by MLS Grid
• 2025-10-23 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-09-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-08-08 Price Changed $169,900 Stellar MLS as Distributed by MLS Grid
• 2025-07-09 Listed $174,900 Stellar MLS as Distributed by MLS Grid
• 2018-03-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-03-19 Sold (Public Records) $50,000 Public Records
• 2018-03-16 Sold (MLS) $50,000 Stellar MLS as Distributed by MLS Grid
• 2018-01-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-12-13 Listed $49,900 Stellar MLS as Distributed by MLS Grid
• 2017-11-26 Sold (MLS) $33,000 Stellar MLS as Distributed by MLS Grid
• 2017-08-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-07-31 Listed $52,759 Stellar MLS as Distributed by MLS Grid
• 2017-07-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-02-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2017-01-31 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-12-05 Price Changed $52,759 Stellar MLS as Distributed by MLS Grid
• 2016-11-11 Price Changed $56,730 Stellar MLS as Distributed by MLS Grid
• 2016-11-08 Price Changed $61,000 Stellar MLS as Distributed by MLS Grid
• 2016-09-20 Listed $64,900 Stellar MLS as Distributed by MLS Grid
• 2005-05-19 Sold (Public Records) $75,000 Public Records
• 1987-08-25 Sold (Public Records) $47,590 Public Records

Property tax history

+6.3%/yr

Latest (2025): $468 · +9.8% YoY. Source: county tax records.