Property Description:
This 2,468 sq ft 4-bed, 2-bath home (including garage conversion) sits on a 10,080 sq ft lot in Ellenton, just blocks away from the Manatee River. Built in 1985 with wood frame construction and connected to city water/sewer, the property offers excellent curb appeal and a quick path to equity for the right investor. The garage conversion was not completed properly—either revert it back to a garage, or maximize your ROI and finish it professionally, for full living space. Roof is brand new, AC is roughly 10 years old, and the rest of the home needs interior cosmetic updates throughout.
🛠️ Rehab Scope
- Address garage conversion (revert or rebuild)
- Interior paint & flooring
- Kitchen and bathroom updates
- Lighting & fixtures
- General cosmetic refresh
💰 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
Based on these comps, ARV likely falls around $450,000 +/-, depending on how the garage space is handled and finish quality.