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2008 53RD AVENUE E

Multi-family Recently Sold
$1,525,000

BTC: 17.54187994

ETH: 502.45626983

Sold on: 2022-09-23
66 days
0 room(s)
5,069 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

SELLER OFFERING 3.25% INTEREST ONLY FOR 5 YEARS! This is the perfect inflation hedge with a huge upside kicker. This "7-door" complex consists of 3 buildings. A 5/5, a 2/1, and a 3/1. What makes this one special is it's 6.5 acres of developmental land, with over 200' of frontage on SR70, all public utilities in place, and zoned for 9!! units per acre as it sits. There is even possibility for higher density per county via rezone. There is absolutely nothing on the market of this caliber and certainly not this far west in the greater Manatee/Sarasota metro. Sit on it and collect the income or develop it for your own personal stamp on Bradenton real estate landscape. All tenants are happy there, some for over a decade. With respect to them, please only announced showings and no access will be granted to any of the buildings without contract.

Location

Facts and features

Type:
Residential Income
Parking:
Driveway
Year Built:
1952
Lot:
6.48 Acres
Heating:
Other
Price/sqft:
$311
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Other

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Other interior features

    • Ceiling Fan(s)

  • Parking

    • Driveway

    Property

    • Exterior Features: Awning(s) / Storage

    Lot

    • Lot: 6.48 Acres

    Other Property Information

    • Parcel Number: 1800600007

    • Zoning: RSF4.5

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Cable Available

  • Other financial information

    • Annual tax amount: $7,381

  • Source details

    • MLS ID: A4527237

    Other facts

    • Construction Materials: Block / Wood Frame

    • Foundation Details: Slab

    • Lot Features: In County / Near Public Transit

    • Living Area: 5069

    • Water Source: Public

    • Lot Size Dimensions: 375 x 743

    • Subdivision Name: EUCALYPTUS HEIGHTS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COMPASS FLORIDA LLC