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1008 16TH AVENUE W

Multi-family Active With Contract
$489,000

BTC: 7.76190476

ETH: 280.06872852

41 days
5 bds
1,272 sqft

Overview

Prime Investment Opportunity in Bradenton’s Village of the Arts Located in the highly sought-after Village of the Arts, this unique property is in the process of being finalized as a legal triplex, with the current owner working with the City of Bradenton to convert the garage into a fully approved third unit. Offering flexibility for an end user to live in one unit and rent others or an investor with options for short-term, long-term, or seasonal rentals, this property presents strong income potential in a vibrant, high-demand area. Unit Breakdown: Unit 1: 2-bedroom, 1-bath featuring an updated kitchen with stainless steel appliances, laminate flooring, decorative fireplace, and in-unit laundry Unit 2: 1-bedroom, 1-bath with updated kitchen, newer central A/C (2023), and access to outdoor laundry Unit 3 (In Progress): Garage conversion into a 1-bedroom, 1-bath unit with shared outdoor laundry Positioned on just under a quarter-acre corner lot, the property offers both off-street and on-street parking, along with expansive outdoor space ideal for tenants or guests. Enjoy shaded relaxation beneath a mature oak tree, plus multiple patios in the front, rear, and behind the garage. Key Improvements: Roof replaced in 2017 A/C (Unit 2) replaced in 2023 Prime Location: 5 minutes to downtown Bradenton, shopping, and dining 10 minutes to Sarasota-Bradenton International Airport 15 minutes to downtown Sarasota Approximately 8 miles to Gulf beaches This is a rare opportunity to acquire a versatile income-producing property in one of Bradenton’s most artistic and rapidly growing neighborhoods.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1950
Lot:
0.20 Acres
Heating:
Other
Price/sqft:
$384
Cooling:
Other
HOA:
No Data

Highlights

Annual tax
$4,964
2025
All facts and features
  • Heating

    • Other

    Cooling

    • Other

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Property

    • Exterior Features: Private Yard

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 4425300003

    • Zoning: R3B/VAOD

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,965

  • Source details

    • MLS ID: A4686373

    Other facts

    • Construction Materials: Asbestos / Wood Frame

    • Foundation Details: Other

    • Laundry Features: Inside

    • Living Area: 1272

    • Water Source: Public

    • Lot Size Dimensions: 87 x 99

    • Subdivision Name: BETTS & CLARK SUB

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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 ©2026-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: WAGNER REALTY