2008 53RD AVE E, BRADENTON, FL, 34203
$1,750,000
Residential Income
Bedrooms
10
Bathrooms
7
Living Area
5,069 Sqft
Lot Size
278,784 Sqft
No brainer SFH building site, with in-place zoning. Save yourself lengthy approvals, time wasted, just submit and build. 9/units an acre, 37000 cars a day, dead middle of everything, and an elementary school directly across the street. The property pencils out easily for raw land, comps from nearby housing stock (roughly 10+ years old) selling in the upper 400's. Would also make an solid ALF option to build. A nice bonus, the property has 7 total rentals at current. They produce roughly $5000/mo in Gross income to help offset any holding/horizontal costs along the way. No other parcel of this size exists this far west, no new construction to compete with.
Property Details
Property Features Property Features
MLS ID: MFRA4686129 Year Built: 1952
Community Features: Sidewalks Construction Materials: Block, Frame
Cooling: Central Air, Wall/Window Unit(s) Country: US
County Or Parish: Manatee Exterior Features: Awning(s), Storage
Financial Data Source: Owner Foundation Details: Slab
Heating: Other Laundry Features: Other
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, Private Financing Available
Lot Features: In County, Near Public Transit Occupant Type: Tenant
Parking Features: Driveway Property Sub Type: Multi-Family 5+
Property Type: Residential Income Road Surface Type: Dirt, Gravel
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Appointment Only Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Available Water Source: Public
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