2008 53rd Avenue E, East Bradenton, FL 34203

$1,675,000
10
BD
7
BA
5,069
SqFt

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List Price
$1,675,000
Status
ACTIVE
Days on Market
161
Price Change
▼ $75,000 1783645932
MLS#
A4686129
Subtype
Residential Income
Year Built
1952
Bedrooms
10
Bathrooms
7
Living Area
5,069
Lot Size
278,784
Acres
6.48
Subdivision
Meadow Lakes East Sub
MLS Area Major
Bradenton/Braden River/Lakewood Rch

Property Description

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. UPDATE!!! Now the neighboring 6 acres available as well, inquire for info.

Additional Information

Interior Features
Ceiling Fans(s)
Exterior Features
Awning(s), Storage
Financing
Cash, Conventional, Private Financing Available
Location
In County, Near Public Transit
Community Features
Sidewalks, No Deed Restriction
Zoning
RSF4.5
Heating
Other
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block, Frame
Exterior Features
Awning(s), Storage
Roof
Shingle
Foundation
Slab
Parking
Driveway
Parking Features
Driveway
Garage
1 Car Carport
Garage Features
Driveway

Listing courtesy of COMPASS FLORIDA LLC. 941-279-3630

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