Ellenton Fix & Flip – 4BR / 2BA | $289,900 | ARV ~$450K

[Brody Algier]

Description:

This 4-bedroom, 2-bath single-family home (including an unfinished garage conversion) offers 2,468 sq ft of living space on a 10,080 sq ft lot in Ellenton, just blocks from the Manatee River. Built in 1985 with wood-frame construction and connected to city water and sewer.

The garage conversion was not completed properly — investor can either revert to a garage or finish it for full living space. Roof is brand new, AC approximately 10 years old, and the rest of the home needs cosmetic updates throughout.

Rehab Scope:

• Address garage conversion (revert or rebuild)

• Interior paint and flooring

• Kitchen and bathroom updates

• Lighting and fixtures

• General cosmetic refresh

Overall, a moderate+ renovation with strong resale or rental potential depending on finish quality.

Comparable Sales:

3619 Elm St – 3/2 | 1,920 sf | Sold $385,000 | $201/sf | Updated interior
807 Leffingwell Ave – 3/2 | 1,415 sf | Sold $332,500 | $235/sf | Smaller, newer build
820 Manatee Ave – 3/3 | 1,568 sf | Sold $360,000 | $230/sf | Updated
3608 Water St – 3/1 | 844 sf | Sold $225,000 | $267/sf | Small but renovated
808 Camellia Ave – 2/2 | 1,034 sf | Sold $340,000 | $329/sf | Fully remodeled
808 44th Ave E (Active) – 3/2 | 1,756 sf | Listed $375,000 | $214/sf

Projected ARV: ~$450,000 ±

Details:

• Asking Price: $289,900

• Living Area: 2,468 sq ft

• Lot Size: 10,080 sq ft (0.23 acres)

• Year Built: 1985

• Construction: Wood frame

• Estimated Rehab: Moderate+

• Estimated Rent: ~$2,700/month

• Yearly Taxes: $4,499

• HOA: None