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1008 16th Avenue W, Bradenton, FL 34205

$489,000
  • 1008 16th Avenue W, Bradenton, FL 34205 Main Photo

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New to the Market Active
BEDS5 BATHS SQUARE FEET1,272 MLS#A4686373
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBETTS & CLARK

Property Description

Prime Investment Opportunity in Bradenton's Village of the ArtsLocated 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 laundryUnit 2: 1-bedroom, 1-bath with updated kitchen, newer central A/C (2023), and access to outdoor laundryUnit 3 (In Progress): Garage conversion into a 1-bedroom, 1-bath unit with shared outdoor laundryPositioned 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 2017A/C (Unit 2) replaced in 2023Prime Location:5 minutes to downtown Bradenton, shopping, and dining10 minutes to Sarasota-Bradenton International Airport15 minutes to downtown SarasotaApproximately 8 miles to Gulf beachesThis is a rare opportunity to acquire a versatile income-producing property in one of Bradenton's most artistic and rapidly growing neighborhoods.

1008 16th Avenue W | MLS# A4686373

This multi-family property located at 1008 16th Avenue W, Bradenton, FL 34205 is currently listed for sale with an asking price of $489,000. Search Bradenton real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Other
Heating: Other
Lot Size: 0.20 Acres
Roof Type: Shingle
Taxes: $4,964
Year Built: 1950

Amenities

Ninguno
Private Yard

Feature Descriptions

Annual Net Income: 34400.00
Days on Site: 1
Directions: 1008 16th Ave W, Bradenton, FL 34205-7257, Manatee County
Exterior: Asbestos, Frame
Flood Zone Code: X
Foundation: Other
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.2
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Before Showing
Special Sale Provisions: None
Units: 2
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R3B/VAOD

Listed By / Shown By

Listed By

Agency Name: WAGNER REALTY
Agency Contact: 941-727-2800

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813.908.8500

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Estimated Payment

$ 1,644.59 per month $1,088.30 Principal & Interest $413.67 Property Tax $142.63 Homeowner's Insurance

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