Bradenton, FL 34210,Address not disclosed
Bradenton, FL 34210,Address not disclosed
Bradenton, FL 34210,Address not disclosed
Bradenton, FL 34210,Address not disclosed
Bradenton, FL 34210,Address not disclosed
Bradenton, FL 34210,Address not disclosed
See all 46 photos

$620,000

$674,500

8.1%
Est.Price: ?

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Est. payment /mo

2,281 SqFt


SOLD DATE : 03/05/2021

Key Details

Sold Price $620,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,281 sqft

Price per Sqft $271

Subdivision Sagamore Estates

MLS Listing ID A4486434

Sold Date 03/05/21

Construction Status Financing,Inspections

HOA Y/N No

Year Built 1953

Annual Tax Amount $4,273

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 180x120

Property Description

4 units, all updated, 2 with tropical heated pools, generating $80,000+ in net (after rental taxes and VRBO fees) annual rentals. Annual cash-flow in non-COVID years of $30,000 to $35,000. 1.5 miles from the Anna Maria Island beaches, and next to the Cortez fishing village - home of some of the best seafood restaurants on the gulf coast. No rental restrictions so you can rent daily, weekly, or monthly. No community fees whatsoever. Offered turnkey furnished. Established VRBO rental history, averaging an 'excellent' 4.5 rating. All units are individually fenced offering complete privacy for each unit. Two units have beautiful heated tropical pools. The main house is a duplex with a 3/2 on one side plus pool and washer/dryer (w/d), and a 1/1 on the other (no w/d, no pool access but private patio) Separate from the main house are two individual efficiencies, one featuring a second heated pool, private fenced yard and w/d; and the other with no pool but also offering a private fenced yard and w/d. Units can be rented individually as well as combined for weddings and larger gatherings of up to 15 guests. Roof on main house replaced in 2018, roofs on efficiencies were replaced in 2015. Property is owner managed. Owner will provide contact info for cleaning crew and maintenance man. Owner (not tenants) have access to a community boat launch on Palma Sola Bay. Add hot tubs to the two units without pools and watch your rental income soar in 2021. Owner financing optionally available.

Location

State FL

County Manatee

Community Sagamore Estates

Zoning RDD4.5/C

Interior

Heating Electric, Heat Pump

Cooling Central Air, Mini-Split Unit(s)

Furnishings Furnished

Fireplace false

Exterior

Exterior Feature Awning(s), Fence, Sidewalk

Pool Gunite, Heated, In Ground

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Membrane,Shingle

Attached Garage false

Garage false

Private Pool Yes

Building

Lot Description FloodZone, In County, Near Marina

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Private

Structure Type Block,Wood Frame

New Construction false

Construction Status Financing,Inspections

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by FINE PROPERTIES
Bought with URBAN-O REAL ESTATE SOLUTION
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