Property Description:
This 2-bed, 2-bath, 1,189 sf block home built in 1958 sits on a 7,500 sf lot with a garage in East Bradenton. The property is vacant and ready for renovation—moderate rehab in need of a new roof in a stable neighborhood close to US-301 and SR-70. With most nearby 2/1 and 2/2 homes selling in the $260–$295K range once updated, this deal offers strong flip potential at a low entry point.
🛠️ Rehab Scope
- Replace aging roof (last done 2008)
- Install central A/C system
- Full interior cosmetic refresh (kitchen, baths, flooring, paint, fixtures)
- Exterior paint + landscaping for curb appeal
- General cleanup and garage touch-ups
🔵 Comparable Sales
- 5417 1st St E – 2/1 | 1,298 sf | 1969 | $295,000 ($227/sf) – Renovated
- 5422 6th St E – 2/2 | 1,056 sf | 1958 | $200,000 ($189/sf) – Average finish
- 5436 1st St E – 2/1 | 1,121 sf | 1940 | $262,000 ($234/sf) – Updated
- 5415 4th St Ct E – 2/1 | 1,064 sf | 1972 | $275,000 ($258/sf) – Fully rehabbed
Based on these comps, the ARV is estimated around $260K – $280K, depending on finish quality and HVAC addition.